FINANCIAL HIGHLIGHTS
Riclassified profit and losses account (Euro ,000)(1)
| |
2007 |
2006 |
2005 |
2004 |
2003 |
| Interest and similar income |
94,486 |
43,243 |
31,416 |
32,661 |
29,261 |
| Interest expense and similar costs |
(81,073) |
(16,967) |
(12,144) |
(10,285) |
(4,460) |
| NET INTEREST INCOME |
13,412 |
26,276 |
19,272 |
22,376 |
24,801 |
| General expenses |
|
|
|
|
|
| Salaries and employee benefits |
(7,056) |
(6,136) |
(5,178) |
(4,499) |
(3,918) |
| Other administrative expenses |
(12,042) |
(6,747) |
(5,113) |
(4,393) |
(4,244) |
| Other expenses |
(756) |
(126) |
(260) |
(332) |
(499) |
| Depreciation and amortisation |
(521) |
(588) |
(495) |
(1,649) |
(1,005) |
| Financial provision |
(425) |
(200) |
(51) |
(100) |
(2,492) |
| Total general expenses |
(20,800) |
(13,797) |
(11,097) |
(10,973) |
(12,159) |
| GROSS OPERATING PROFIT |
(7,388) |
12,479 |
8,175 |
11,403 |
12,642 |
| Profits/losses on equity interests |
|
|
|
|
|
| Profit on equity interests |
25,537 |
5,993 |
3,533 |
1,829 |
2,443 |
| Losses on equity interests |
(2,367) |
(262) |
(66) |
0 |
0 |
| Negative difference of consolidation and equity method depreciation |
(2,403) |
(70) |
0 |
(139) |
0 |
| Net results from on equity interests |
20,767 |
5,661 |
3,467 |
1,829 |
2,443 |
| Extraordinary items |
|
|
|
|
|
| Extraordinary income |
374 |
663 |
475 |
254 |
3,566 |
| Extraordinary loss |
(481) |
(544) |
(117) |
(427) |
(439) |
| Net extraordinary income |
(107) |
119 |
358 |
(173) |
3,127 |
| INCOME BEFORE TAX EXPENSE |
13,273 |
18,259 |
12,000 |
12,920 |
18,212 |
| Income tax |
4,161 |
(3,221) |
(332) |
(2,664) |
(8,646) |
| NET INCOME |
17,433 |
15,038 |
11,668 |
10,256 |
9,566 |
| Minorities' interests income |
8,157 |
1,507 |
958 |
481 |
532 |
| Group net income |
9,276 |
13,531 |
10,710 |
9,775 |
9,034 |
| Net Increase in Negative difference of consolidation and equity |
2,177 |
4,498 |
1,869 |
0 |
0 |
| Adjusted Consolidated Net Income |
19,610 |
19,536 |
13,537 |
10,256 |
9,566 |
(1) Data have been reclassified according to the templates envisaged by Italian Legislative Decree 87/1992 for banking and financial companies. |
Riclassified balance sheet (Euro ,000)(1)
| |
2007 |
2006 |
2005 |
2004 |
2003 |
| Financial assets and equity investments |
266,261 |
163,541 |
131,083 |
87,980 |
51,532 |
| Tangible fixed assets |
77,685 |
949 |
3,027 |
3,198 |
3,711 |
| Other financial assets and liabilities |
(46,920) |
4,071 |
8,806 |
(1,392) |
(1,782) |
| TOTAL ASSETS |
297,027 |
168,561 |
142,916 |
89,786 |
53,461 |
| Adjusted Group equity |
74,965 |
73,652 |
65,628 |
62,362 |
53,829 |
| Minorities' share of equity |
39,242 |
7,202 |
6,372 |
2,580 |
2,068 |
| Total debt |
182,819 |
87,707 |
70,916 |
24,844 |
(2,436) |
| - long term debt |
174,583 |
58,750 |
50.000 |
50.000 |
0 |
| - short term debt |
8,236 |
28,957 |
20.916 |
(25.156) |
(2.436) |
| TOTAL LIABILITIES AND EQUITY |
297,027 |
168,561 |
142,916 |
89,786 |
53,461 |
(1) Data have been reclassified according to the templates envisaged by Italian Legislative Decree 87/1992 for banking and financial companies. |
Highlights (Euro ,000)
| |
2007 |
2006 |
2005 |
2004 |
2003 |
| Income statement |
|
|
|
|
|
| Adjusted financial revenues(1) |
34,301 |
28,449 |
21,664 |
31,728 |
29,927 |
| Interest and similar income |
94,485 |
43,243 |
31,416 |
32,661 |
29,261 |
| Net income |
17,433 |
15,038 |
11,668 |
10,256 |
9,566 |
| Group net income |
9,276 |
13,531 |
10,710 |
9,775 |
9,034 |
| Minority interests income |
8,157 |
1,507 |
958 |
481 |
532 |
| Adjusted Group Net Income(2) |
11,453 |
18,029 |
12,579 |
9,775 |
9,072 |
| Adjusted Consolidated Net Income(2) |
19,610 |
19,536 |
13,537 |
10,256 |
9,604 |
| Balance sheet |
|
|
|
|
|
| Equity Adjusted(3) |
114,207 |
80.854 |
72,000 |
64,942 |
55,897 |
| Group adjusted equity |
74,965 |
73,652 |
65,628 |
62,362 |
53,829 |
| Minorities' share of equity |
39,242 |
7,202 |
6,372 |
2,580 |
2,068 |
| Dividends |
10,001 |
10,001 |
9,001 |
1,222 |
3,983 |
| Net cash position(4) |
(182,294) |
(87,293) |
(70,277) |
(23,983) |
(723) |
| - medium long term |
(174,583) |
(58,750) |
(50,000) |
(50,000) |
0 |
| - short term |
(7,711) |
(28,543) |
50,000 |
26,017 |
(723) |
| Others |
|
|
|
|
|
| Employees |
316 |
282 |
220 |
191 |
143 |
(1) Including revenues of non financial companies, consolidated with the equity method in the consolidated accounts.
The decrease in the revenues from 2004 to 2005 depends from the changes in the accounting policy in Agenzia Italia Spa.
(2) The adjusted net income considers as generated income the increase in Negative consolidation and equity method differences.
(3) The equity adjusted includes Negative consolidation and equity method differences.
(4) Inclusive of tax credits to be reimboursed. |
Trend
Group and Consolidated Equity (Euro ,000)
Adjusted Income (Euro ,000)
Return of equity
Net Interest Income (Euro ,000)
Number of employees
Total assets (Euro ,000) |
|
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