Q1/1998

Q1/1997

Sales

56.689.366,05

41.021.749,79

Abroad

27.881.969,06

20.064.615,59

Proportion

49,18%

48,91%

EBIT*

2.188.962,69

1.738.114,43

Earnings from ordinary operations*

2.109.122,44

1.634.811,62

Net profit for the year

1.009.478,10

1.060.542,93

per share

0,30

0,31

DVFA/SG earnings

1.279.281,88

1.027.417,40

per share

0,38

0,30

DVFA/SG cash flow

2.047.351,37

1.470.853,70

Net profit (IAS)

999.111,92

1.113.524,69

per share

0,29

0,33

Subscribed capital

17.000.000,00

11.455.000,00

Number of shares**

3.400.000

3.400.000

Equity***

19.627.705,08

13.802.997,89

Equity ratio***

40,57%

33,65%

Balance sheet total***

48.379.646,18

41.022.387,59

Employees

169,3

165,6

Sales per employee

334.846

247.716

* without IPO expenses

** The figures per share in 1997 refer to 3.4 Mio. Shares
*** The receipt of funds from the IPO in April 1998 are not included in these figures

 

transtec group Consolidated Balance Sheet, according to HGB as of March 31st (not audited)

Assets

Q1 / 1998

Q1 / 1997

A. Fixed assets

2.559.784,51

2.995.849,01

I. Intangible assets

168.332,22

97.876,05

II. Tangible assets

2.391.452,29

2.897.972,96

B. Current assets

42.371.181,71

34.554.405,64

I. Inventories

14.071.590,14

12.871.160,42

II. Accounts receivable and other assets

23.937.066,44

18.388.740,45

III. Securities

0,00

85.000,00

IV. Cash and cash equivalents

4.362.525,13

3.209.504,77

C. Deferred items

877.161,45

596.116,44

D. Accrual of deferred taxes

2.571.518,51

2.876.016,50

Total Assets

48.379.646,18

41.022.387,59

 

 

Equity and liabilities

Q1 / 1998

Q1 / 1997

A. Total equity

19.627.705,08

13.802.997,89

I. Subscribed capital

17.000.000,00

11.455.000,00

II. Revenue reserves

1.618.226,98

1.287.454,96

III. Retained earnings

1.009.478,10

1.060.542,93

B. Special items with proportion of reserves

5.376,59

1.704,94

C. Provisions

6.361.737,42

5.743.496,35

D. Liabilities

22.384.827,09

21.474.188,41

Total equity and liabilities

48.379.646,18

41.022.387,59

 

 

transtec group Consolidated Statement of Income, according to HGB form January 1st to March 31st (not audited)

Q1 / 1998

Q1 / 1997

1. Sales

56.689.366,05

41.021.749,79

2. Other operating earnings

545.667,76

399.507,42

3. Total operating performance

57.235.033,81

41.421.257,21

4. Cost of sales

45.867.001,56

31.938.086,14

5. Personnel expenses

4.074.586,42

3.661.184,46

6. Depreciation

324.002,93

327.886,27

7. Other operating expenses

4.780.480,21

3.755.985,91

8. IPO expenses

637.745,85

0,00

9. EBIT

1.551.216,84

1.738.114,43

10. Earnings from financial activities

-79.840,25

-103.302,81

11. Earnings from ordinary operations

1.471.376,59

1.634.811,62

12. Extraordinary earnings

0,00

-15.105,05

13. EBT

1.471.376,59

1.619.706,57

14. Taxes on income and earnings

455.399,03

551.360,75

15. Other taxes

6.499,46

7.802,89

16. Net profit for the year

1.009.478,10

1.060.542,93

IAS Reconciliation

Q1 / 1998

Q1 / 1997

Net profit for the year according to HGB

1.009.478,10

1.060.542,93

Inventories

161.242,00

178.013,19

Leasing

-58.933,25

-58.933,25

Other operating income / expenses

-65.327,47

-30.374,20

Taxes

-47.347,46

-35.723,98

Earnings according to IAS

999.111,92

1.113.524,69

 

 

Cash flow Statement, according to HGB (not audited) 01.01. to 31.03.

1998

DEM

1997

DEM

1. Net profit for the year

1.009.478,10

1.060.542,93

2. Depreciation

324.002,93

327.886,27

3. Decrease (+) / increase (-) of inventories

597.353,63

-980.724,78

4. Decrease (+) / increase (-) of accounts receivable

-2.029.768,35

-721.702,92

5. Decrease (+) / increase (-) of other assets

-424.168,22

-296.197,90

6. Decrease (-) / increase (+) of provisions

126.456,69

22.371,66

7. Decrease (-) / Increase (+) of liabilities (without liabilities to banks)

863.331,29

-1.251.136,96

8. Decrease (-) / increase (+) of other liabilities

153.725,51

-34.924,89

Cash flows from operating activities

620.411,58

-1.873.886,59

9. Receipts from investing activities (+)

0,00

0,00

10. Payments for investing activities (-)

-352.677,43

-351.743,05

11. Currency differences (+/-)

0,00

0,00

Cash flows from investing activities

-352.677,43

-351.743,05

12. Receipts (+) from changes in subscribed capital

2.000.000,00

0,00

13. Payments (-) to shareholders

-2.291.000,00

0,00

14. Receipts (+) / Payments (-) for changes in liabilities to banks

972,65

-258.178,50

Cash flows from financing activities

-290.027,35

-258.178,50

Changes of cash and cash equivalents

-22.293,20

-2.483.808,14

Cash and cash equivalents at beginning of period

4.384.818,33

5.693.312,91

Cash and cash equivalents at end of period

4.362.525,13

3.209.504,77

Changes of cash and cash equivalents

-22.293,20

-2.483.808,14

Cash flow according to the DVFA/SG Method, not audited

Net profit for the year

1.009.478,10

1.060.542,93

+ Depreciation

324.002,93

327.886,27

+ IPO expenses

637.745,85

0,00

+/- Changes of long-term provisions

0,00

6.300,00

+/- Changes of deferred taxes

76.124,49

76.124,50

DVFA/SG cash flow

2.047.351,37

1.470.853,70