2005 Annual Report - Touax
2005 Annual Report - Touax
2005 Annual Report - Touax
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note 3. Segment information<br />
note 3.1. Income statement by business segment<br />
31 December <strong>2005</strong> Shipping Modular River<br />
(€ thousands) containers buildings barges Railcars Sundry Unallocated Eliminations Total<br />
Leasing revenues 53,813 36,592 31,031 6,542 130 (140) 127,968<br />
Leasing revenues 61,072 8,686 1 24,167 93,926<br />
Commissions 48 50 98<br />
TOTAL REVENUES 114,933 45,278 31,032 30,758 130 (140) 221,992<br />
Capital gains on disposals 101 1,426 475 611 223 2,836<br />
Revenue from activities 115,034 46,704 31,507 31,369 353 (140) 224,828<br />
Cost of sales (58,371) (7,118) (1) (22,686) (88,177)<br />
Operating expenses (8,395) (24,614) (23,748) (2,452) (42) 51 (59,201)<br />
Selling general and administrative expenses (3,688) (3,987) (2,750) (636) (2) 89 (10,974)<br />
GROSS OPERATING MARGIN (EBITDA) 44,579 10,985 5,008 5,595 310 66,476<br />
Depreciation and amortization (1,050) (3,689) (2,415) (286) (51) (31) (7,523)<br />
INCOME BY BUSINESS SEGMENT before distribution to investors 43,528 7,296 2,593 5,309 258 (31) 58,953<br />
Net distribution to investors (38,384) (5,494) (593) (2,210) (46,681)<br />
INCOME BY BUSINESS SEGMENT after distribution to investors 5,144 1,802 2,000 3,099 258 (31) 12,273<br />
Overheads (3,647)<br />
OPERATING INCOME after distribution to investors 8,626<br />
Financial result (2,668)<br />
UNDERLYING PRETAX EARNINGS 5,958<br />
Corporation tax (2,318)<br />
NET INCOME OF CONSOLIDATED COMPANIES 3,640<br />
Income from discontinued activities<br />
CONSOLIDATED NET INCOME 3,640<br />
Minority interests 442<br />
CONSOLIDATED NET ATTRIBUTABLE INCOME 4,082<br />
annual report <strong>2005</strong><br />
Consolidated accounts<br />
65
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