U.C.A. AG

Earnings Release • Apr 18, 2001

News Details

Ad-hoc | 18 April 2001 20:55

Ad hoc-Service: U.C.A. AG english

Ad hoc announcement processed and transmitted by DGAP. The issuer has the sole responsibility of this announcement. ——————————————————————————– U.C.A. Aktiengesellschaft, Munich WKN 701 200 Voluntary notification analogous to Section 15 of the German Securities Trading Act as per self-obligation in the Pradikatsmarkt stock exchange section – Sales amount to EUR 46.4 Mio. (+357% vs. previous year) – EBT totals EUR 13.6 million (+ 196% vs. previous year) – Partial depreciations on investments for a total of EUR 21.8 million make full allowances for high-increase risks in venture capital business – Revalidated portfolio offers opportunity for value increases Munich, 18 April 2001 After the initial application of the International Accounting Standards (IAS) in the U.C.A. group financial report the returns on sales total EUR 46.4 million (an increase of 357%). The certified EBT for the business year 2000 in accordance with IAS is EUR 13.6 million. This is an increase of 196% as compared with the previous year. The DVFA/SG profit per share is EUR 0.85 (as compared with EUR 0.26 in 1999). The balance total as at 31 December 2000 increases to EUR 57.5 million, the equity capital to EUR 36.6 million. With an equity ratio of 63.6%, the equity yield totals 17.3% after taxes. The high equity yield is the result of high concentration on the expense and profit discipline. With an EBT of more than 800,000 Euro per employee, U.C.A. occupies a leading position in its sector as reflected by this performance indicator. As the capital market situation has again significantly worsened, U.C.A. is increasing the last stated requirement for partial depreciation on investments by an additional EUR 6.8 million to EUR 21.8 million. With this step. U.C.A. is making allowances to the fullest extent for the clearly increased risks in the venture capital business. In the year 2001, which was difficult as expected, U.C.A. began with a revalidated portfolio that should provide a solid basis for value increases with the new investment focus on microtechnology and nanotechnology. Despite the great challenges in the current business year, U.C.A. will continue to remain profitable in the year 2001 and, through deferment of the sales of investments, will make use of opportunities for tax exemption on profits from the sales of investments in 2002. The executive board Contact: Investor Relations Daniel Schirok Tel.: +49 (0) 89 – 99 31 94-36 E-mail: investor.relations@uca.de end of ad hoc announcement, (c) DGAP 18.04.2001 ——————————————————————————– WKN: 701200; Index: Listed: Freiverkehr in Berlin, Düsseldorf, Frankfurt, Hamburg, München und Stuttgart 182055 Apr 01