Annual results 2009

Income Statement 31/12/2009 - 31/12/2008   
Consolidated, audited key figures   
(Mln euro)Dec 31, 2009Dec 31, 2008Change
 12M12M 
Revenue175.1223.1-21.53%
EBIT10.919.1-42.67%
Cash flow from operations (EBITDA) 115.024.9-39.63%
Financial result-4.1-2.190.67%
Profit before taxes6.816.9-59.55%
Taxes-1.7-4.7-62.91%
Net income continuing operations5.112.3-58.27%
Result from discontinued operations-0.1-0.5-78.39%
Net income (Group share in the profit)5.011.7-57.33%
Net cash flow 29.218.1-49.05%
    
Balance sheet as of 31/12/2009- 31/12/2008   
Consolidated, audited key figures   
(Mln euro)Dec 31, 2009Dec 31, 2008Change
 12M12M 
Equity49.646.56.55%
Net financial debt13.028.1-53.74%
Assets held for sale0.40.5-9.15%
Total assets152.0163.0-6.71%
    
Consolidated, audited key figures per share   
    
(euro)Dec 31, 2009Dec 31, 2008Change
 12M12M 
Cash flow from operations (EBITDA) 11.873.05-38.69%
Profit before taxes0.852.07-58.94%
Profit after taxes continuing operations (EPS)0.641.50-57.33%
Net cash flow 21.152.21-47.96%
Equity6.205.797.08%
Number of shares (end of period)8'002'9688'039'8420.46%
Number of shares (average)8'034'4138'166'6051.65%

 

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.