Annual results 2011

Income Statement 31/12/2011 - 31/12/2010   
Consolidated, audited key figures   
(Mln euro)Dec 31, 2011Dec 31, 2010Change
 12M12M 
Revenue216.2227.0-4.76%
EBIT8.415.4-45.28%
Cash flow from operations (EBITDA) 113.524.3-44.34%
Financial result-0.9-2.7-64.86%
Profit before taxes7.512.8-41.18%
Taxes-2.7-4.235.83%
Net income continuing operations4.88.6-41.78%
Result from discontinued operations-0.1-0.1-11.54%
Net income (Group share in the profit)4.78.5-44.29%
Net cash flow 29.917.5-43.23%
    
Balance sheet as of 31/12/2011 - 31/12/2010   
Consolidated, audited key figures   
(Mln euro)Dec 31, 2011Dec 31, 2010Change
 12M12M 
Equity60.057.54.49%
Net financial debt14.513.210.06%
Assets held for sale0.40.43.21%
Total assets151.9157.9-3.81%
    
Consolidated, audited key figures per share   
    
(euro)Dec 31, 2011Dec 31, 2010Change
 12M12M 
Cash flow from operations (EBITDA) 11.693.04-44.41%
Profit before taxes0.941.59-40.88%
Profit after taxes continuing operations (EPS)0.601.07-43.93%
Net cash flow 21.242.19-43.38%
Equity7.57.184.46%
Number of shares (end of period)8'002'9688'002'968 
Number of shares (average)8'002'9688'002'968 

 

1 EBITDA = earnings before interest, taxes, depreciation and amortization;This is operating profit plus depreciation and amounts written off on stocks, trade debtors and provisions for liabilities and charges
2 The net cash flow is the net income (Group share in the profit) excluding depreciation, amounts written off on stocks, trade debtors and provisions for liabilities and charges.