2005 Annual Report - Touax

Financial information concerning the assets,
financial position and results of the issuer
The transition table for the analytical income statement as at 31 December 2004 is as follows:
annual report 2005
IFRS
Total
(€ thousands) Notes French GAAP Reclassifications Adjustments Adjustments IFRS
Leasing revenues 108,396 1,871 0 1,871 110,267
Sales of equipment 70,227 0 0 0 70,227
Commissions 89 0 0 0 89
Net revenues from external pools 1,871 (1,871) 0 (1,871) 0
Total revenues 180,583 0 0 0 180,583
Capital gains on disposals N/A 4,547 0 4,547 4,547
Revenues from activities N/A 4,547 0 4,547 4,547
Cost of sales (65,135) 0 0 0 (65,135)
Operating expenses 5 (55,132) 0 (1,987) (1,987) (57,119)
Selling, general and administrative expenses (10,314) 0 0 0 (10,314)
Capital gains on disposals 4,547 (4,547) 0 (4,547) 0
Overheads (3,060) 0 0 0 (3,060)
EBITDA 51,489 0 (1,987) (1,987) 49,502
Depreciation, amortization and provisions 4 et 5 (6,237) 0 442 442 (5,795)
Operating income 45,252 0 (1,545) (1,545) 43,707
Net distributions to investors (36,862) 0 0 0 (36,862)
Operating income after distribution to investors 8,390 0 (1,545) (1,545) 6,845
Financial income 1,246 0 (18) (18) 1,228
Financial expenses (4,958) 0 13 13 (4,945)
Financial result (3,712) 0 (5) (5) (3,717)
Underlying pretax earnings 4,678 0 (1,550) (1,550) 3,128
Corporation tax 9 (1,611) 0 1,274 1,274 (337)
Net income of consolidated companies 3,067 0 (276) (276) 2,791
Amortization of goodwill (236) 0 236 236 (0)
Income from discontinued activities 0 0 0 0 0
Net income of the consolidated Group 2,831 0 (40) (40) 2,791
Minority interests 386 0 0 0 386
Consolidated net attributable income 3,217 0 (40) (40) 3,177
Earnings per share 1.13 1.12
104
Consolidated accounts