Report 2010 - Italcementi Group

Business and financial performance in 2010
Key consolidated figures
2010 2009 % change
(in millions of euro)
vs. 2009
Revenues 4,790.9 5,006.4 (4.3)
Recurring EBITDA 836.3 971.6 (13.9)
% of revenues 17.5 19.4
Other non-recurring income (expense) (2.0) (14.9) (86.7)
EBITDA 834.3 956.7 (12.8)
% of revenues 17.4 19.1
Amortization and depreciation (472.5) (459.8) 2.8
Impairment (8.0) (54.0) (85.2)
EBIT 353.8 443.0 (20.1)
% of revenues 7.4 8.8
Finance income (costs) (90.6) (106.9) (15.2)
Impairment on financial assets (21.0) (41.1) (48.9)
Share of results of associates 17.1 14.6 17.1
Profit before tax 259.2 309.5 (16.3)
% of revenues 5.4 6.2
Income tax expense (62.1) (94.2) (34.1)
Net profit for the period 197.1 215.3 (8.5)
% of revenues 4.1 4.3
Group net profit 45.8 71.3 (35.8)
Minority interest 151.3 144.0 5.0
Cash flow from operating activities 747.9 1,101.9 (32.1)
Investments in fixed assets 547.7 742.4 (26.2)
32