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Bakkafrost P/f Earnings Release 2015

Jun 29, 2016

7331_iss_2016-06-29_95634e45-00da-4a04-a63d-5a160411480e.pdf

Earnings Release

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P/F Faroe Farming

Key financial figures1

DKK 1,000 2015 2014 2013
Key P&L items
Revenue 154,092 167,673 207,359
EBIT 12,540 32,634 37,187
Net profit 12,960 17,756 26,595
Key balance sheet items
Property, plant and equipment
61,350 49,578 47,766
108,083 108,070 97,951
Biological assets 2,674 2,643 3,412
Total receivables 174,240 164,143 152,282
Total assets
Equity 80,326 72,365 65,609
Total non-current liabilities 22,686 26,242 15,630
Total current liabilities 71,228 65,536 71,044
Total equity and liabilities 174,240 164,143 152,282
Other key items
Employees 59 65 70
Total harvested volumes (tonnes) 4,681 4,957 6,053

1) Prepared in accordance with Faroese accounting principles (FO-GAAP)