ANNUAL REPORT - KORADO, as

8
TABLE OF FINANCIAL INDICATORS
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Total revenues (in CZK million) 2,093 2,238 2,284 2,552 2,235 2,604 2,725 2,274 1,734 1,576
Year-on-year revenue
increase/decrease (%)
EBITDA (Earnings before interest, taxes,
depreciation and amortization) (CZK million)
EBITDA margin (EBITDA/Total revenue)
(in %)
(1 %) 7 % 2 % 12 % (12 %) 17 % 5 % (17 %) (24 %) (9 %)
98 472 490 720 227 319 317 189 253 183
5 % 21 % 21 % 28 % 10 % 12 % 12 % 8 % 15 % 12 %
Profit/Loss after tax (CZK million) (394) 31 111 361 37 114 148 27 66 20
Return on capital (EBIT/Assets less
Current liabilities)
(7 %) 14 % 19 % 23 % 7 % 13 % 11 % 4 % 6 % 2 %
Indebtedness (Bank loans/Equity) 6.98 6.23 3.97 1.52 1.08 0.68 0.74 0.96 0.55 0.42
Quick liquidity (Current assets less
inventories/Current liabilities*)
Current liquidity (Current assets/
Current liabilities)*)
1.07 0.89 0.92 0.55 0.55 0.50 0.66 0.48 0.31 0.29
1.31 1.06 1.13 0.91 0.72 0.72 0.94 0.68 0.51 0.65
Total assets (CZK million) 3,853 3,671 3,155 2,779 2,464 2,290 2,708 2,935 2,359 2,189
Long-term assets/Total assets ratio (%) 76 % 69 % 72 % 72 % 75 % 76 % 70 % 75 % 86 % 88 %
Days receivables **) 98 98 98 61 45 38 46 53 41 28
Days inventories 50 43 38 44 45 27 34 47 54 41
Days payables 112 110 109 92 104 85 85 109 121 88
Average number of employees (person) 653 683 684 694 687 662 625 660 571 545
Productivity
(Net profit/Number of employees)
(0.60) 0.05 0.16 0.52 0.05 0.17 0.24 0.04 0.12 0.04
Note:
*) For the purposes of calculating liquidity, current liabilities only include loan repayments actually effected in 2001–2002.
The 2003 figures reflect the intended refinancing of short-term loans in the total amount of CZK 1,274 thousand, due on 30
June 2004, that are not included in current liabilities.
**) In 2003, the Company changed the method of recognizing receivables to include unbilled revenue, formerly recognized
in temporary asset accounts.
Annual Report 2010