RESULTS FOR THE 2006 FISCAL YEAR
Summary consolidated income statement
Eur 000
Otor's consolidated financial statements were prepared using IFRS 5 standards on the accounting treatment of "Noncurrent Assets Held for Sale and Discontinued Operations".
The consolidated financial statements published for the fiscal year to 31 December are therefore not comparable to those of the previous fiscal year. To facilitate comparison with 2005, the income statement below includes a column with "IFRS 5" pro-forma figures, based on the same accounting treatment as those used to prepare the financial statements for 2006.
|
2006
IFRS 5 |
2005 Pro forma IFRS 5 |
| Sales |
405 832 |
384 063 |
| Ebitda |
25 001 |
21 000 |
| Ebit |
4 575 |
-46 511 |
| Net operating profit (loss) |
-12 412 |
-53 042 |
| Net borrowing cost |
-10 145 |
-10 216 |
Profit (loss) before tax, equity method earnings and discontinued activities |
-25 116
|
-62 883
|
| Net profit (loss) |
-23 505 |
-41 858 |
Consolidated balance sheet
Eur 000
|
31/12/06
IFRS 5 |
31/12/05 Pro forma IFRS 5 |
| ASSETS |
|
|
| Non-current assets |
242 816 |
226 963 |
| Current assets |
173 812 |
167 426 |
| Assets held for sale |
31 646 |
42 740 |
| Total assets |
448 274 |
437 129 |
|
|
|
| LIABILITIES |
|
|
| Consolidated shareholder's equity |
81 667 |
105 653 |
| Non-current liabilities excluding bank debts |
29 516 |
26 866 |
Medium and long-term borrowings (incl. fraction of less than one year) |
100 887 |
74 735 |
| Short term bank loans and over drafts and factoring |
88 703 |
79 671 |
| Other current liabilities excluding bank debts |
120 359 |
119 091 |
| Liabilities held for sale |
27 142 |
31 113 |
| Total liabilities |
448 274 |
437 129 |