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Kronospan ApS — Credit Rating and Financial Key Figures

CVR number: 11766110
Fabriksvej 2, Pindstrup 8550 Ryomgård
novopan@kronospan-dk.dk
tel: 89747474

Income statement (mEUR)

2012
2013
2014
2015
Fiscal period length12121212
Net sales488.00477.00474.10479.47
Other operating income10.125.927.0712.95
Costs of manufacturing- 431.71- 432.26- 414.40- 433.18
Gross profit56.2944.7459.7046.29
Costs of management-14.68-15.39-14.42-15.45
Costs of distribution-32.89-34.69-36.65-38.58
Other operating expenses-1.33-0.44-0.55-8.02
EBIT17.520.1415.15-2.81
Other financial income1.880.541.111.88
Other financial expenses-7.38-9.11-7.42-5.99
Net income from associates (fin.)0.110.410.491.45
Pre-tax profit12.13-8.239.34-5.47
Income taxes-4.022.80-1.881.73
Net earnings8.11-5.427.46-3.73

Assets (mEUR)

2012
2013
2014
2015
Intangible assets total
Land and waters49.1446.9643.5339.56
Buildings101.00125.83120.51114.79
Machinery and equipment6.044.523.614.18
Advance payments and construction in progress8.354.291.892.13
Tangible assets total164.54181.60169.54160.66
Participating interests9.319.5210.0111.46
Investments total9.319.5210.0111.46
Long term receivables total
Raw materials and consumables65.3061.2356.4939.58
Finished products/goods11.008.739.8819.04
Inventories total76.3069.9666.3758.62
Current trade debtors101.7397.0876.3373.99
Prepayments and accrued income0.381.120.831.59
Current other receivables1.920.875.341.42
Short term receivables total104.0399.0882.5077.00
Cash and bank deposits0.010.020.020.12
Cash and cash equivalents0.010.020.020.12
Balance sheet total (assets)354.19360.18328.45307.85

Equity and liabilities (mEUR)

2012
2013
2014
2015
Share capital100.00100.00100.00100.00
Other reserves2.894.104.596.04
Retained earnings66.7874.6968.7774.78
Profit of the financial year8.11-5.427.46-3.73
Shareholders equity total177.78173.36180.82177.09
Provisions7.293.577.653.71
Non-current loans from credit institutions20.2217.1114.0010.89
Non-current leasing loans1.891.060.212.15
Non-current liabilities total22.1118.1814.2113.04
Current loans from credit institutions78.1496.6661.1841.32
Current trade creditors38.7930.9531.4635.53
Current owed to participating9.8112.2210.1511.00
Other non-interest bearing current liabilities20.2525.2422.9826.16
Current liabilities total146.99165.08125.77114.02
Balance sheet total (liabilities)354.19360.18328.45307.85
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