Key figures

SIMPLIFIED RESULTS


Based on 100% ownership of assets

€ million  2004   2005 2006 2007
SALES 983 847 987 1 025
EBIT 116 99 88 64


Consolidated

€ million 2004  2005 2006 2007
SALES 527 315 633 955
EBIT 53 32 55 63
NET PROFIT BEFORE GOODWILL AMORTISATION 20 58 28 27
NET PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT   22 64 21 17

 

Balance sheet

 

€ million Dec. 2007
PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSET  20
GOODWILL 383
LONG TERM INVESTMENTS AND SECURITIES 19
WCR 148
SHAREHOLDERS’ EQUITY 182
MINORITY INTERESTS 46
PROVISIONS 15
NET DEBT 328

 

Net asset value

 

€ million 2004      2005   2006   2007
GROSS ASSETS 215.7 172.4 244.1 254.7
DEFERRED TAX -18.2 -18.6 -2.6 -1.8
NET DEBT -46.7 30.5 6.5 -20.9
NET ASSET VALUE  147.2* 184.3 248.1 232.1

*After €30 million capital reduction: cancellation of 434,000 shares at a unit price of €70.

EUROS PER SHARE    2004   2005 2006 2007
NET ASSET VALUE 72,6 89,6 112.8 107,3
DIVIDEND    

 

Historical NAV per share (in euros)

 

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