Consolidated balance sheet

ANNUAL ACCOUNTS

CONSOLIDATED BALANCE SHEET (after distribution of profit)

31 December 1995 31 December 1996
Fixed assets
14,628,222 Intangible fixed assets 98,984,980
409,743,477 Tangible fixed assets 458,888,851
76,946,355
Financial fixed assets 61,417,674

501,318,054 Total fixed assets 619,291,505

Current assets
34,952,013 Inventories 27,718,767
125,501,302 Debtors 135,231,190
2,517,000 Securities 2,517,000
458,404,423
Cash and bank balances 380,540,586

621,374,738 Total current assets 546,007,543
276,328,146
Current liabilities 345,625,734

345,046,592
Net current assets 200,381,809

846,364,646 819,673,314

--.-- Long-term liabilities 260,000
56,354,694 Provisions 51,863,777
871,978 Equalization account for investment subsidies --.--
789,137,974
Shareholders' equity 767,549,537

846,364,646
819,673,314

CONSOLIDATED PROFIT AND LOSS ACCOUNT

1995 1996

1,151,736,349 Turnover 1,283,526,060
231,670
Changes in work-in-progress 297,776

1,151,504,679 Net turnover 1,283,228,284
207,077,646 Raw and auxiliary materials 251,523,802
341,800,521 Wages and salaries 355,118,249
63,264,471 Social security charges 61,803,326
90,095,887 Depreciation of tangible and intangible fixed assets 104,419,606
313,827,692
Other operating costs 366,934,072

1,016,066,217
Total operating expenditure 1,139,799,055

135,438,462 Operating profit 143,429,229
2,595,516 Participation income 16,152,979
18,263,159 Interest income 12,423,852
222,764 Income from securities 224,720
1,817,991
Interest charges 2,074,353

19,263,448
Balance of financial revenue and charges 5,578,760

154,701,910 Pre-tax result from ordinary trading 137,850,469
53,708,609
Tax on the result from ordinary trading 51,845,056

100,993,301 After-tax result from ordinary trading 86,005,413
489,717 Extraordinary revenue 518,116
--.--
Extraordinary expenditure 2,677,450

489,717 Extraordinary items before tax 2,159,334
171,401
Tax on extraordinary result 755,767

318,316
Extraordinary result after tax 1,403,567

101,311,617
Result after tax 84,601,846

Profit distribution:
65,874,633 Other reserves 48,902,366
35,436,984
Dividend 35,699,480

101,311,617
84,601,846

Terug naar inhoud

	31 December 1995			31 December 1996
			Fixed assets
14,628,222			Intangible fixed assets	98,984,980
409,743,477			Tangible fixed assets	458,888,851
76,946,355			Financial fixed assets	61,417,674
		501,318,054	Total fixed assets		619,291,505

			Current assets
34,952,013			Inventories	27,718,767
125,501,302			Debtors	135,231,190
2,517,000			Securities	2,517,000
458,404,423			Cash and bank balances	380,540,586
621,374,738			Total current assets	546,007,543
276,328,146			Current liabilities	345,625,734
		345,046,592	Net current assets		200,381,809
		846,364,646			819,673,314

--.--			Long-term liabilities	260,000
56,354,694			Provisions	51,863,777
871,978			Equalization account for investment subsidies	--.--
789,137,974			Shareholders' equity	767,549,537
		846,364,646			819,673,314


CONSOLIDATED PROFIT AND LOSS ACCOUNT
		1995			1996

		1,151,736,349	Turnover		1,283,526,060
		231,670	Changes in work-in-progress		297,776
		1,151,504,679	Net turnover		1,283,228,284
	207,077,646		Raw and auxiliary materials	251,523,802
	341,800,521		Wages and salaries	355,118,249
	63,264,471		Social security charges	61,803,326
	90,095,887		Depreciation of tangible and intangible fixed assets	104,419,606
	313,827,692		Other operating costs	366,934,072
		1,016,066,217	Total operating expenditure		1,139,799,055
		135,438,462	Operating profit		143,429,229
	2,595,516		Participation income	16,152,979
	18,263,159		Interest income	12,423,852
	222,764		Income from securities	224,720
	1,817,991		Interest charges	2,074,353
		19,263,448	Balance of financial revenue and charges		5,578,760
		154,701,910	Pre-tax result from ordinary trading		137,850,469
		53,708,609	Tax on the result from ordinary trading		51,845,056
		100,993,301	After-tax result from ordinary trading		86,005,413
	489,717		Extraordinary revenue	518,116
	--.--		Extraordinary expenditure	2,677,450
	489,717		Extraordinary items before tax	2,159,334
	171,401		Tax on extraordinary result	755,767
		318,316	Extraordinary result after tax		1,403,567
		101,311,617	Result after tax		84,601,846
			Profit distribution:
		65,874,633	Other reserves		48,902,366
		35,436,984	Dividend		35,699,480
		101,311,617			84,601,846