I. Table of Contents - ISS
I. Table of Contents - ISS
I. Table of Contents - ISS
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tatiana\Bank Book\Public Bank Book\FINAL <strong>ISS</strong> PUBLIC Bank IM - Press Release to EMTN_1.doc 9 Nov 2005 10:32 51/91<br />
<strong>Table</strong> 23: Unaudited Breakdown <strong>of</strong> Operations by Country (2004)<br />
51<br />
Company Overview<br />
Country (1) Revenue (DKK million) Margin (%) (2) Employees (3)<br />
Northern Europe:<br />
The United Kingdom 5,537 6.6 37,890<br />
Denmark (4) 3,349 6.6 12,064<br />
Norway 3,084 6.8 7,343<br />
Sweden (5) 3,009 3.5 10,146<br />
Finland 2,441 8.0 13,303<br />
Ireland 300 7.9 1,998<br />
Greenland 123 1.4 407<br />
Iceland 106 7.3 591<br />
Total Northern Europe 17,949 6.2 83,742<br />
Continental Europe<br />
France 7,799 6.8 37,973<br />
The Netherlands 3,094 6.2 21,904<br />
Belgium & Luxembourg 2,072 5.9 9,990<br />
Spain 1,791 5.7 18,091<br />
Germany 1,568 1.7 16,462<br />
Switzerland 1,153 6.2 7,156<br />
Austria 1,150 7.9 7,063<br />
Central & Eastern Europe (6) 466 6.4 8,216<br />
Portugal 226 6.9 2,746<br />
Greece 193 5.8 1,602<br />
Italy 192 6.6 616<br />
Poland 67 4.3 1,924<br />
Total Continental Europe 19,771 6.0 133,743<br />
Overseas<br />
Israel 373 5.0 5,821<br />
China & Hong Kong 354 5.1 5,033<br />
Brazil 341 5.4 12,381<br />
Singapore 307 6.6 3,818<br />
Australia 242 11.7 487<br />
Thailand 93 6.9 7,726<br />
Japan (7) 78 2.2 488<br />
Indonesia 69 9.4 6,977<br />
Malaysia 69 7.6 2,392<br />
Argentina 39 (2.8) 2,304<br />
Chile 19 5.2 1,582<br />
Sri Lanka 17 0.0 5,650<br />
Brunei 13 24.5 161<br />
Uruguay 2 10.0 260<br />
Total Overseas 2,016 6.0 55,080<br />
Total Operations (8) 39,736 6.1 272,565<br />
Corporate - (0.5) 77<br />
Health Care operations (9) (divested) 619 10.3 892<br />
Total 40,355 5.6 273,534<br />
Note:<br />
(1) <strong>ISS</strong>’s operations in India, New Zealand, Russia, and Turkey were established in 2005.<br />
(2) Operating pr<strong>of</strong>it before other items divided by revenue based on <strong>ISS</strong>’s consolidated preliminary financials prepared in accordance with IFRS.<br />
(3) At end <strong>of</strong> year.<br />
(4) Including the Greenland and Faroe Islands.<br />
(5) Excluding the Swedish Health Care operations business (which had 892 employees).<br />
(6) Including the Czech Republic, Slovenia, Slovakia, Romania, Hungary and Croatia.<br />
(7) Japan was divested on September 1, 2005.<br />
(8) Excluding Health Care operations prior to January 1, 2005.<br />
(9) In 2005 the Health Care operations business was sold to funds advised by EQT Partners in two separate transactions.<br />
Source: <strong>ISS</strong><br />
As indicated in the table above, among <strong>ISS</strong>’s more established operations, margins tend to be higher<br />
where <strong>ISS</strong> <strong>of</strong>fers a broader range <strong>of</strong> services and has higher customer density.