Annual report 2005 - Sava dd

3. Significant Financial
Data and Indicators
1 5 |
| i n t r o d u c t i o n |
THE SAVA GROUP
(€ in millions)
Index
According to International Financial Reporting Standards 2004 2005 2005/2004
Sales 236.1 244.0 103
Exports 67.2 75.8 113
Added value 73.4 80.5 110
Total pre-tax profit 52.2 43.7 84*
Net profit 48.6 38.5 79*
Net cash flow (profit + amortisation) 60.3 53.5 89*
Balance sheet total 593.5 651.2 110
Non-current assets 494,0 543.8 110
Current assets 99.5 107.4 108
Equity 378.0 393.0 104
Non-current liabilities 72.2 84.2 116
Current liabilities 143.3 174.0 121
Investment in property, plant and equipment 37.1 37.6 101
Employees – on 31 December
INDICATORS
3,017 3,047 101
Added value / employee - € in thousands 25.5 26.3 103
Total income / operating revenues (%) 21.7 17.1 79*
Total income / equity (%) 17.1 11.9 70*
Net profit / equity (%) 16.0 10.5 66*
Net earnings per share (€) 24.9 19.1 77*
Independence rate (equity / balance sheet total) (%) 64 60 94
Liquidity (current assets / non-current liabilities) (%)
SHARE
62 62 100
Nominal value - (€) 41.7 41.7 100
Book value - (€) 191.0 193.8 101
Market value on 31 December - (€) 183.5 180.4 98
Dividend per a share - (€) 2.6 2.7 103**
* Notes referring to the asterixed items:
The presented 2005 income of the Sava Group calculated in accordance with IFRSs is lower than in 2004, the reason being a single revenue due to the purchase
of the Pannonian Spas companies below their book value. The revenue due to negative goodwill contributed 30% to the created return on capital of the Sava
Group. Not considering this single event, the Sava Group created a net profit that was 8.8 % higher than last year.
- Total income of the Sava Group achieved in 2005 is 14.5% above the plan.
- Net profit of the Sava Group in 2005 is 4.3% above the plan.
- Return on capital of the Sava Group in 2005 amounts to 10.5% and is 0.5 percentage points above the plan, thereby surpassing the target return on capital as
set for the year 2007.
** Proposal by the Shareholders’ Meeting.