Earnings Release • Feb 27, 2013
Earnings Release
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| Consolidated profit and loss account for the year ended December 31, 2012 |
Unaudited 2012 € 000 |
Audited 2011 € 000 |
|---|---|---|
| Income from operations | 193.895 | 244.292 |
| Operating expenses Staff cost Selling and distribution expenses |
(94.317) (57.646) (5.563) 157.526 |
(121.218) (70.710) (6.409) (198.337) |
| Operating profit before taxes, depreciations and hotel rents (EBITDAR) |
36.369 | 45.955 |
| Net finance cost | (24.295) | (23.789) |
| Loss from operations after net finance cost | (23.504) | (18.111) |
| Net exchange (loss)/profit Share of profit of associated company Loss from sale of assets Loss from depreciation in value of assets Loss from cancellation of ship contract Bad debt provisions |
(637) 357 (106) (501) - (4.910) |
2.341 473 - (47.868) (10.327) (8.779) |
| Loss before taxation Taxation |
(29.301) (1.141) |
(82.271) (668) |
| Loss for the year | (30.442) | (82.939) |
| Loss attributable to: Owners of the company Interest without control |
(30.442) - |
(82.674) (265) |
| Loss for the year | (30.442) | (82.939) |
| Loss per share (cent) | (6,61) | (17,95) |
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