![2012.MasterPresentation_final [Compatibility Mode] - TTS Group ASA](https://img.yumpu.com/4612021/110/500x640/2012masterpresentation-final-compatibility-mode-tts-group-asa.jpg)
2012.MasterPresentation_final [Compatibility Mode] - TTS Group ASA
2012.MasterPresentation_final [Compatibility Mode] - TTS Group ASA
2012.MasterPresentation_final [Compatibility Mode] - TTS Group ASA
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Financial Status <strong>TTS</strong> <strong>Group</strong> <strong>ASA</strong><br />
Balance Sheet after repayment of capital<br />
28,7<br />
29,0<br />
Equity ratio<br />
46,6 46,5<br />
38,0<br />
Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q3 2012<br />
Illustration<br />
• Consolidated <strong>TTS</strong> <strong>Group</strong> will remain<br />
debt free company after repayment of<br />
capital and adjusted for repayment of<br />
capital.<br />
- Equity ratio of 38% at the end of 3 rd<br />
quarter 2012<br />
• <strong>TTS</strong> <strong>Group</strong> aim at having a low working<br />
capital going forward and remain a<br />
“asset light” company<br />
• Key focus is to minimize working capital<br />
to limit need for credit. Key drives are:<br />
- Significant projects aim at being<br />
cash neutral<br />
- Manage procurement and inventory
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