FORCHEM BUSINESS PLAN. 07/ m BOND ISSUE Q BONDHOLDER REPORT

Transcription

1 FORCHEM BUSINESS PLAN 07/ m BOND ISSUE Q BONDHOLDER REPORT

2 INTERIM UNAUDITED CONSOLIDATED REPORT OF THE GROUP P&L Income Statement Gross Sales Cost of sales Freight & Handling (15 888) Sales office cost (1 199) Forex gain/loss (96) Net sales Materials and supplies (78 867) Sales margin Fixed Production Costs (710) Maintenance (1 063) Production wages (632) Administration costs (3 611) Sales bonuses & rebates - Salaries (2 750) QA & Supply Chain (1 831) Other external services and supplies - Other costs - Profits/ losses in group companies - EBITDA Depreciation and amortization expense (3 623) EBIT Financial expenses (6 651) EBT Change in Depr. Reserves (1 414) Taxes (2 895) Net profit for the period

3 INTERIM UNAUDITED CONSOLIDATED REPORT OF THE GROUP BALANCE SHEET Month 12 Equity and Loans Year 2015 Equity Share Capital & Capital Reserves Equity Loans IC/Shareholder loans 0 Profit fr. previous period Dividends Assets Profit of the year/period Equity total Fixed Assets Loss of winding-up 0 Reserves Assets from investments, no depreciations Activation of investments Loans Annual Investments 763 Long Term Loans Depreciations cum Changes in Loans 0 Fixed Assets total Shareholder loans 0 Other Financial Assets Changes in Shareholder loans 0 Inventories Payables Sales Receivables Other Short Term Loans Revolving 0 Other Receivables Other Short Term Loans IC Holding Oy 0 IC ST Receivables Interest Debt IC Equity Loan Old 0 Cash Accruals Other Financial Assets total Loans together Assets total Equity and Loans total

4 INTERIM UNAUDITED CONSOLIDATED REPORT OF THE GROUP CASH FLOW STATEMENT CASH FLOW FROM OPERATIONS EBIT (+/-) Depreciations (+) Net Financing (+/-) Group contribution 0 Taxes (-) CF before change in Working Capital WORKING CAPITAL Change in Inventories, incr.(-)/decr.(+) Change in nib receivables, incr.(-)/decr.(+) Change in nib liabilities, incr.(+)/decr.(-) Change in Working Capital CF from operations INVESTMENTS Investments CASH FLOW before FINANCING (k ) Free Cash Flow (excl. interests ) FINANCING Share capital change/dividends 0 Sceduled Change of LT ib liabilities Unsceduled Change of LT ib liabilities 0 Capital loan change 0 Dividends Financing total CF after Financing items Cash Opening Balance Cash Closing Balance

5 INTERIM UNAUDITED CONSOLIDATED REPORT OF THE ISSUER P&L Income Statement Gross Sales Cost of sales Freight & Handling (15 888) Sales office cost - Forex gain/loss (96) Net sales Materials and supplies (78 867) Sales margin Fixed Production Costs (710) Maintenance (1 063) Production wages (632) Administration costs (3 611) Sales bonuses & rebates - Salaries (2 750) QA & Supply Chain (1 831) Other external services and supplies - Other costs - Profits/ losses in group companies - EBITDA Depreciation and amortization expense (3 623) EBIT Financial expenses (6 651) EBT Change in Depr. Reserves (1 414) Taxes (2 895) Net profit for the period

6 INTERIM UNAUDITED CONSOLIDATED REPORT OF THE ISSUER BALANCE SHEET Month 12 Equity and Loans Year 2015 Equity Share Capital & Capital Reserves Equity Loans IC/Shareholder loans 0 Profit fr. previous period Dividends Assets Profit of the year/period Equity total Fixed Assets Loss of winding-up 0 Reserves Assets from investments, no depreciations Activation of investments 0 Loans Annual Investments 763 Long Term Loans Depreciations cum Changes in Loans 0 Fixed Assets total Shareholder loans 0 Other Financial Assets Changes in Shareholder loans 0 Inventories Payables Sales Receivables Other Short Term Loans Revolving 0 Other Receivables Other Short Term Loans IC Holding Oy 0 IC ST Receivables 0 Interest Debt IC Equity Loan Old 0 Cash Accruals Other Financial Assets total Loans together Assets total Equity and Loans total

7 INTERIM UNAUDITED CONSOLIDATED REPORT OF THE ISSUER CASH FLOW STATEMENT CASH FLOW FROM OPERATIONS EBIT (+/-) Depreciations (+) Net Financing (+/-) Group contribution 0 Taxes (-) CF before change in Working Capital WORKING CAPITAL Change in Inventories, incr.(-)/decr.(+) Change in nib receivables, incr.(-)/decr.(+) Change in nib liabilities, incr.(+)/decr.(-) Change in Working Capital CF from operations INVESTMENTS Investments CASH FLOW before FINANCING (k ) Free Cash Flow (excl. interests ) FINANCING Share capital change/dividends 0 Sceduled Change of LT ib liabilities Unsceduled Change of LT ib liabilities 0 Capital loan change 0 Dividends Financing total CF after Financing items Cash Opening Balance Cash Closing Balance

8 REPORT FROM THE BOARD OF DIRECTORS Company s activity continued to perform satisfatorily driven by a strong demand in most products. Oil prices, that drive both raw material and relevant product ranges, kept at a low level comparing with recent periods and are most likely to stay that way. Overal performance is positive and slightly better than budgeted. 8

9 FORCHEM BUSINESS PLAN