Gröf f. fréttatilkynningu - Enska

First Half 2013 – Key Figures

Amounts in ISK million 1H 2013 1H 2012

Goods and services sold ..............................

6,518 7,492

Cost of goods and services sold ...................

(5,169) (6,019)

Gross profit .................................................

1,348 1,472

Operating costs ............................................

(1,360) (1,380)

Write-down of goodwill .................................

(835) 0

(loss) Profit before financial income and expenses .....................................................

(847) 93

Net financial expenses .................................

(159) (106)

Pre-tax loss .................................................

(1,006) (13)

Income tax ....................................................

20 6

Loss for the period .....................................

(986) (8)

Other comprehensive income .......................

0 (7)

Net loss for the period ...............................

(986) (15)

EBITDA ........................................................

147 210

Quarterly Summary – Key Figures

In ISK millionQ2

2013Q1

2013Q4

2012Q3

2012Q2

2012

Goods and services sold …............................

3,323 3,195 3,622 3,068 3,674

Cost of goods and services sold ……………..

(2,617) (2,552) (2,893) (2,359) (2,698)

Gross profit ..................................................

705 643 729 709 706

Operating costs .............................................

(663) (697) (658) (652) (682)

Write-down of goodwill ………........................

(835) 0 (92) 0 0

(Loss) Profit before financial income and expenses …………........................................

(792) (54) (21) 56 24

Net financial expenses ...................................

(79) (80) (63) (48) (39)

Pre-tax (loss) profit ……………....................

(872) (134) (84) 8 (15)

Income tax .....................................................

(2) 22 196 (4) 7

(Loss) profit for the period .........................

(874) (112) 112 4 (8)

Other comprehensive income ……….............

12 (11) 9 1 (22)

Net (Loss) profit for the period .…………..

(862) (123) 121 5 (30)

EBITDA ....................................................

125 22 146 125 87

Balance Sheet 30.06.2013 – Key Figures

In ISK million30.06.201

331.12.20

12

Fixed assets ...............................................

3,645 4,537

Current assets ...............................................

3,114 3,562

Total assets …..............................................

6,759 8,099

Equity ............................................................

1,287 2,293

Long-term liabilities ........................................

2,643 2,773

Short-term liabilities .......................................

2,829 3,034

Total equity and liabilities ...........................

6,759 8,099

Working capital ratio ......................................

1.10 1.17

Equity ratio ....................................................

19.0% 28.3%

Cash Flow – Key Figures

In ISK million 1H 2013 1H 2012

Cash from operations ...............................

62 232

Cash from investing activities ...................

(164) (124)

Cash from financing activities ...................

52 (216)

Decrease in cash …….............................

(50) (108)

Effects of changes in foreign exchange rates on cash ………………………............

(5) 3

Cash at beginning of year ….....................

218 316

Cash at end of period ………..................

163 211