Marchi Industriale s.p.a.
| RECLASSIFIED BALANCE SHEET (euro:1000) | |||
| Invested capital | 12/31/2013 | 12/31/2012 | 12/31/2011 |
| Fixed assets. (assets and inv. no FV) | 20.122 | 11.507 | 11.469 |
| Agrimont srl investment | 265 | 0 | 0 |
| Photovoltaic system Italy investments | 13.407 | 14.748 | 15.082 |
| Financing to subsidiary | 1.000 | 670 | 570 |
| Net working capital | 7.042 | 10.565 | 9.278 |
| Funds | -1.385 | -1.337 | -1.448 |
| Total invested capital | 40.451 | 36.153 | 34.951 |
| Funding sources | |||
| Equity | 33.027 | 21.485 | 20.527 |
| Net cash / debt (of which:) | 7.424 | 14.668 | 14.424 |
| Debenture loan | 775 | 775 | 775 |
| Medium-term financing | 9.177 | ||
| Finanziamento da collegata | 2.000 | 1.000 | |
| Funding from partners | 0 | 12.346 | 12.001 |
| Short-term net cash / debt | -4.528 | 547 | 1.648 |
| Total shareowner’s and third parties’ equity | 40.451 | 36.153 | 34.951 |
| Il capitale investito e il PN sono esposti al netto delle azioni proprie in portafoglio, che ammonta a 8 milionidi euro per n. 1.511.111 azioni. V.N. € 1.511.111. | |||
| Reclassified income statement (euro:1000) | |||
| 12/31/2013 | 12/31/2012 | 12/31/2011 | |
| Value of production | 32.257 | 29.887 | 34.081 |
| Operating costs | -26.277 | -25.849 | -28.230 |
| EBITDA | 5.980 | 4.038 | 5.851 |
| Amortisations and depreciations | -2.819 | -2.921 | -2.779 |
| EBIT | 3.161 | 1.117 | 3.072 |
| Financial items | 1.442 | 1.142 | 677 |
| Value adjustments to financial assets | -187 | -216 | |
| Non-recurring items | 176 | 23 | 17 |
| Result before taxes | 4.592 | 2.064 | 3.766 |
| Income tax for the fiscal year | -1.220 | -550 | -1.179 |
| Operating result | 3.372 | 1.514 | 2.587 |
| Reclassified financial statements (euro:1000) | |||
| A. OPENING SHORT-TERM NET FINANCIAL POSITION |
-547 | ||
| B. CASH FLOW FROM (FOR) OPERATIONS |
|||
| Profit of the period | 3.372 | ||
| Amortisationsi | 2.769 | ||
| Impairment of shareholdings and use of doubtful debt provisions | 237 | ||
| Internal financing | 6.378 | ||
| C. CASH FLOW FROM WORKING CAPITAL MANAGEMENT |
1.864 | ||
| D. CASH FLOW FROM (FOR) INVESTMENT OPERATIONS |
-143 | ||
| E. CASH FLOW FROM (FOR) FINANCIAL OPERATIONS |
-3.025 | ||
| F. CASH FLOW OF THE PERIOD (B + C + D + E) |
5.074 | ||
| G. CLOSING SHORT-TERM NET FINANCIAL POSITION |
4.528 | ||