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Italian Small Cap Financial Advisory - Team - Methorios Capital

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Continisio Sanfelice di Bagnoli & Partners<br />

Board of Directors<br />

Valentina Sanfelice di Bagnoli Chairperson<br />

Roberto Continisio Director<br />

INCOME STATEMENT 2008 2009<br />

€.000<br />

Revenue 17 36<br />

Total Operating Costs 30 56<br />

EBITDA -13 -20<br />

EBITDA Margin % -73% -55%<br />

Total Amortisation and Depreciation 0 0<br />

EBIT -13 -20<br />

EBIT Margin % -73% -55%<br />

EBT -12 -20<br />

EBT Margin % -72% -55%<br />

Tax 0 0<br />

Net Income -12 -20<br />

Margin % -72% -55%<br />

BALANCE SHEET 2008 2009<br />

€.000<br />

A) TOTAL FIXED ASSETS 11 12<br />

B) WORKING CAPITAL 1 6<br />

C) INVESTED CAPITAL (A+B) 11 17<br />

D) ALLOWANCES 0 0<br />

E) )NET INVESTED CAPITAL (C-D) 11 17<br />

G) SHAREHOLDER'S EQUITY 25 22<br />

H) NET FINANCIAL DEBT -14 -4<br />

I) SHAREHOLDER'S EQUITY + NFD (G+H) 11 17<br />

58

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