Tarkett Activity Report 2012

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performance / Financial results All financial data in this report are compliant with IFRS (International Financial Reporting Standards). Income statement in Millions EUR 2012 2011 2010 Net sales 2,318 2,088 1,919 Year-on-year growth 11.0% 8.8% 12.4% Cost of sales (1,792) (1,658) (1,476) Gross profit 526 431 443 Selling expenses (214) (212) (202) Research and development expenses (20) (18) (16) General and administrative expenses (137) (114) (103) Other operating income & expenses (4) 5 14 Operating profit before financing costs (EBIT) 151 91 136 of which unusual items (22) (10) (4) EBIT before unusual items 173 101 140 % of net sales 7.5% 4.8% 7.3% of which depreciation (87) (90) (83) EBITDA before unusual items 260 191 222 % of net sales 11.2% 9.2% 11.6% Net financial costs (25) (21) (19) Share of Profit of Associates - - (0) Profit before tax 127 70 116 Income tax expense (current & deferred) (41) (45) (5) Profit for the year 85 25 112 Attributable to: Equity holders of the parent 84 27 111 Minority interests 2 (2) 0 Profit for the year 85 25 112 Balance sheet in Millions EUR Dec 31, 2012 Dec 31, 2011 Dec 31, 2010 ASSETS Goodwill 449 277 281 Intangible assets 98 106 84 Property, plant and equipment 429 387 393 Investments in associates - - - Financial assets 35 27 24 Deferred tax assets 97 82 93 Other non-current assets - 0 0 Non-current assets 1,109 879 876 Inventories 339 284 265 Trade receivables 283 284 274 Other receivables 67 55 57 Cash and cash equivalents 81 54 28 Current assets 770 677 624 TOTAL ASSETS 1,879 1,556 1,499 EQUITY AND LIABILITIES Share capital 316 316 316 Share premium and reserves 139 139 139 Retained earnings 145 144 134 Net result for the year 84 27 111 Equity attributable to equity holders of the parent 683 626 700 Minority interests 10 9 8 Total Equity 694 635 708 Interest-bearing loans and borrowings 343 270 222 Other Financial Liabilities 7 9 20 Deferred Tax Liabilities 5 5 6 Employee benefits 142 109 105 Provisions and other non-current liabilities 38 35 32 Non-Current Liabilities 535 429 386 Trade Payables 222 189 196 Other Liabilities 190 144 141 Interest-bearing loans and borrowings 191 116 32 Other Financial Liabilities 12 12 11 Provisions and other current liabilities 36 31 26 Current Liabilities 650 492 405 TOTAL EQUITY AND LIABILITIES 1,879 1,556 1,499 Tarkett 2012 Activity Report 47
performance / Financial results Operating cash flow in Millions EUR 2012 2011 2010 EBITDA before unusual items 260 191 222 Variation in operating working capital 47 (23) (9) On-going Capex (84) (77) (46) Operating cash flow - before unusual items 223 91 168 Debt Analysis in Millions EUR 2012 2011 2010 NET DEBT - Opening (332) (226) (271) Operating cash flow - before unusual items 223 91 168 Unusual items in EBITDA (20) (2) 4 Unusual items in operating working capital 3 0 (4) Non cash flow items (3) (8) (8) Net Operating cash flow 204 81 159 Net cash used in investing activities (259) (18) (51) Net cash used in financial and non operating activities (68) (56) (48) Dividends - (103) - Non Operating cash flow (327) (176) (98) Net cash flow (123) (95) 60 Other 3 (11) (16) NET DEBT - Closing (452) (332) (226) Tarkett 2012 Activity Report 48
Page 1 and 2: Creating modern, healthy and perfor
Page 3 and 4: tarkett identity 2012 in Numbers sa
Page 5 and 6: Tarkett Difference Global Strengths
Page 7 and 8: 2012 highlights C D E F G Growth St
Page 9 and 10: Thinking “sustainably” means th
Page 11 and 12: vision & ambition / ceo interview H
Page 13 and 14: vision & ambition / strategy Tarket
Page 15 and 16: vision & ambition / strategy Tarket
Page 17 and 18: vision & ambition / strategy sports
Page 19 and 20: vision & ambition / strategy 2 I Mo
Page 21 and 22: Around the globe and throughout mar
Page 23 and 24: MARKET SEGMENTs / housing Vivo Ocea
Page 25 and 26: MARKET SEGMENTs / education Colors
Page 27 and 28: MARKET SEGMENTs / healthcare floori
Page 29 and 30: MARKET SEGMENTs / offices New Offic
Page 31 and 32: MARKET SEGMENTs / Retail & Hospital
Page 33 and 34: MARKET SEGMENTs / sports was made i
Page 35 and 36: COMMITMENT / Corporate Sustainabili
Page 37 and 38: COMMITMENT / Environmental Responsi
Page 39 and 40: COMMITMENT / social Responsibility
Page 41 and 42: COMMITMENT / social Responsibility
Page 43 and 44: commitment / corporate governance r
Page 45 and 46: Tarkett people make the difference
Page 47: performance / dashboards Social ini
Page 51: Our Mission With more than 130 year

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