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Ten years ERIKS

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In EUR thousands 2007 IFRS 2006 IFRS 2005 IFRS 2004 IFRS 2003 Dutch GAAP 2002 Dutch GAAP 2001 Dutch GAAP 2000 Dutch GAAP 1999 Dutch GAAP 1998 Dutch GAAP
Profit and loss account









Net sales 949,139 543,313 448,549 423,393 381,863 358,144 339,583 302,329 281,741 274,511
Percentage change 74.7 21.1 5.9 10.9 6.6 5.5 12.3 7.3 2.6 10.0
EBITA (excl. exceptional gains) 76,326 44,019 33,922 31,281 24,501 21,345 22,631 19,792 11,951 17,267
Percentage change 73.4 29.8 8.4 27.7 14.8 (5.7) 14.3 65.6 (30.9) 7.6
Result after taxes (before amortisation of goodwill) 49,430 28,668 22,221 18,552 14,577 12,832 14,672 13,014 7,821 11,541
Percentage change 72.4 29.0 19.8 27.3 13.6 (12.5) 12.7 66.4 (32.2) 8.0
Result after taxes 44,186 27,911 22,139 18,552 12,060 10,742 13,362 12,737 7,821 11,541
Percentage change 58.3 26.1 19.3 53.8 12.3 (19.6) 4.9 62.9 (32.2) 8.0
Extraordinary result after taxes - - - - - - 4,402 2,479 (7,250) -
Result at the disposal of shareholders 43,701 27,763 22,059 18,490 11,984 10,706 17,750 15,227 458 11,388











Cash flow









Cash flow from ordinary activities 59,297 35,126 28,324 24,906 19,692 18,269 19,753 17,917 12,694 15,470
Depreciation and amortisation 15,111 7,215 6,185 6,245 5,191 5,473 5,095 4,892 4,986 4,082
Cash flow on balance 6,578 11,768 (2,082) (5,697) 9,018 (5,262) (1,134) 2,254 (7,674) (8,605)











Balance









Working capital 187,993 170,705 107,763 107,174 89,836 90,697 85,065 82,088 71,006 70,645
Net capital invested 218,935 204,589 136,188 130,978 107,748 101,574 95,635 87,201 83,146 78,338
Idem, including goodwill and intangible assets from acquisitions 405,381 405,018 172,089 166,906 - - - - - -
Shareholders’ equity 298,845 148,910 127,930 109,508 91,760 83,249 76,949 65,009 49,135 57,368
Total capital 358,711 336,484 189,902 182,852 153,673 146,270 134,492 136,871 128,725 117,228











Ratios









EBITA (excluding exceptional gains) as a percentage of sales 8.0 8.1 7.5 7.4 6.4 6.0 6.7 6.6 4.2 6.3
EBITA as a percentage of average net capital invested (since 2001 including goodwill and intangible fixed assets from acquisitions) 19.3 23.0 20.8 20.5 18.6 17.2 20.0 22.7 13.7 22.0
Interest coverage ratio 9.5 11.7 12.4 10.5 8.9 9.8 11.0 12.0 8.7 17.2
Net result as a percentage of shareholders' equity (since 2000 before profit appropriation) 14.6 18.6 17.3 16.9 13.1 12.9 23.1 23.4 0.9 19.9
Total shareholders’ equity -/- intangible fixed assets (excluding software) / total capital (solvency ratio) 31% p.m. 48% 39% 39% 38% 43% 42% 38% 50%











Other key figures









Salaries, social security and pension costs 207,883 117,265 99,790 94,394 88,407 82,751 72,792 61,149 62,348 58,195
Average number of employees 4,495 2,434 2,081 2,011 1,942 1,879 1,694 1,488 1,554 1,500
Average salary costs per employee 46.3 48.2 48.0 46.9 45.5 44.0 43.0 41.1 40.1 38.8











Dividend









Dividend for the year 23,811 14,126 11,113 7,774 6,003 5,444 6,501 6,150 5,271 5,621
Payout as a percentage of the result 50.2 49.8 50.4 49.4 50.1 50.8 48.7 48.2 68.4 49.4

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© ERIKS group nv, 2008.