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2008 was a good year for the Transmark Group. All financial performance indicators have shown considerable improvements compared to previous years. Key indicators below are based on annual accounts audited by KPMG. Latest forecasts (september2009) indicate a similar profit this year as in 2008.
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Currency: |
USD '000s |
0,7396 |
| Basic data: | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|
| PROFIT AND LOSS ACCOUNT |
|
| Turnover |
363.195 |
311.948 |
290.730 |
241.207 |
150.061 |
| Interest expense |
4.218 |
4.536 |
4.638 |
3.690 |
2.843 |
| Profit before tax |
29.726 |
17.290 |
12.481 |
7.228 |
5.333 |
| Profit after tax |
20.590 |
12.451 |
10.676 |
4.106 |
3.004 |
| BALANCE SHEET DETAILS |
| Current assets |
| Cash and equivalent |
12.757 |
11.019 |
11.264 |
5.504 |
4.031 |
| Outstanding receivables |
65.449 |
50.811 |
47.174 |
60.284 |
28.933 |
| Stocks & work in progress |
61.217 |
55.458 |
44.684 |
51.579 |
26.867 |
| Other |
14.416 |
6.502 |
7.643 |
5.197 |
2.691 |
| sub total |
153.839 |
123.791 |
110.765 |
122.565 |
62.522 |
| Fixed assets |
46.614 |
38.434 |
36.860 |
40.761 |
13.131 |
| total assets |
200.453 |
162.226 |
147.626 |
163.326 |
75.653 |
| Liabilities |
| short term |
88.855 |
75.719 |
68.490 |
81.387 |
56.337 |
| long term |
52.200 |
54.536 |
58.922 |
70.759 |
16.098 |
| Provisions |
3.829 |
3.215 |
2.880 |
3.698 |
953 |
| sub total |
144.884 |
133.471 |
130.292 |
155.844 |
73.388,3 |
| Share holders' equity |
55.569 |
28.755 |
17.334 |
7.482 |
2.265 |
| total liabilities |
200.453 |
162.226 |
147.6256 |
163.326 |
75.653 |
| CASHFLOW STATEMENT |
| Net Cash from Operating Activities |
7.223 |
13.530 |
20.476 |
13.290 |
4.271 |
| Net Cash from Investing Activities |
(12.793) |
(5.349) |
(2.877) |
(49.767) |
(1.026) |
| Net Cash from Financing Activities |
7.308 |
(8.426) |
(11.839) |
37.952 |
(3.756) |
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| |
2008 | 2007 | 2006 | 2005 | 2004 |
| |
Ratio |
Ratio |
Ratio |
Ratio |
Ratio |
| GEARING (Debt / Equity) |
50% |
67% |
78% |
91% |
88% |
| GEARING (Debt / Assets) |
28% |
36% |
42% |
46% |
23% |
| INTEREST COVERAGE |
8,05 |
4,81 |
3,69 |
2,96 |
2,88 |
| ACID TEST RATIO |
1,04 |
0,90 |
0,96 |
0,87 |
0,63 |
| CURRENT RATIO |
1,73 |
1,68 |
1,62 |
1,51 |
1,11 |
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