MIRA INFORM REPORT

 

 

Report Date :

22.06.2012

 

IDENTIFICATION DETAILS

 

Name :

MOBOTIX AG  

 

 

Registered Office :

Kaiserstrasse, Winnweiler , D-67722

 

 

Country :

Germany

 

 

Financials (as on) :

30.06.2011

 

 

Date of Incorporation :

21.06.1999

 

 

Com. Reg. No.:

3724

 

 

Legal Form :

Public Parent Company

 

 

Line of Business :

provider of Internet protocol (IP) video solutions

 

 

No. of Employees :

237

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

 

Status :

Satisfactory

Payment Behaviour :

No Complaints 

Litigation :

Clear

 

 

NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Germany

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address 

 

Mobotix AG 

Kaiserstrasse

Winnweiler , D-67722

Germany

Tel:       49-630-298160

Fax:      49-630-29816190

Web:    www.mobotix.com

 

 

synthesis  

 

Employees:                  237

Company Type:             Public Parent

Corporate Family:          2 Companies

Traded:

XETRA:             MBQ

Incorporation Date:         21-Jun-1999

Auditor:                         KPMG AG        

Financials in:                 USD (Millions)

Fiscal Year End:            30-Sep-2011

Reporting Currency:       Euro

Annual Sales:               21.6  1

Net Income:                   2.5

Total Assets:                 79.2  2

Market Value:               341.1

(08-Jun-2012)

 

 

Business Description     

 

Mobotix AG is a Germany-based provider of Internet protocol (IP) video solutions. The Company develops and produces waterproof Web cameras with digital image sensors, integrated personal computers (PCs) and network connection. Its cameras are suitable for large facilities, as well as small business premises. They are equipped with storage, alarm and telephony functions. The Company’s product portfolio is divided into four product groups: Cameras, which includes network cameras for day and night, high-resolution dome and hemispheric cameras, among others; Software, which embraces video management software; Home Automation, which includes IP Video Door Station, adapters, and others, as well as Accessories such as cables, lenses and sensors. In addition, it offers various related services, such as training courses and a technical hotline. As of June 30, 2011, the Company maintained one subsidiary in the United States and one associate in the United Kingdom. For the three months ended 31 December 2011, Mobotix AG's total revenue totaled EUR21M. Net income for the period totaled EUR3.5M. Figures are not comparable due to change in the fiscal year length. Mobotix AG is a Germany-based provider of Internet protocol video solutions. The Company develops and produces waterproof Web cameras with digital image sensors, integrated personal computers and network connection.

Industry             

Industry            Electronic Instruments and Controls

ANZSIC 2006:    2429 - Other Electronic Equipment Manufacturing

NACE 2002:      3210 - Manufacture of electronic valves and tubes and other electronic components

NAICS 2002:     334419 - Other Electronic Component Manufacturing

UK SIC 2003:    3210 - Manufacture of electronic valves and tubes and other electronic components

US SIC 1987:    3679 - Electronic Components, Not Elsewhere Classified

 

           

Key Executives           

 Name

Title

Ralf Hinkel

Member of the Management Board, Chief Executive Officer

Lutz Coelen

Member of the Management Board, Chief Financial Officer, Chief Scientific Officer

Magnus Ekerot

Member of the Management Board, Chief Sales Officer

Oliver Gabel

Member of the Management Board, Chief Technical Officer

Thomas Hoch

Chairman of the Supervisory Board

 

 

Significant Developments                                                                          

 

Topic

#*

Most Recent Headline

Date

Other Earnings Pre-Announcement

1

Mobotix AG Confirms FY 2011/2012 Guidance

9-Feb-2012

Dividends

1

Mobotix AG Proposes FY 2010/2011 Dividend

14-Sep-2011

* number of significant developments within the last 12 months                                     

 

News    

 

Title

Date

VideoSurveillance.com Designs IP Camera System for Oregon Zoo to Study Giant Panda Breeding in Captivity
PR Web (578 Words)

19-Jun-2012

Simplicity is the key to Tyger Valley's new surveillance system
Cape Argus (South Africa) (686 Words)

10-Jun-2012

National Lutheran Communities & Services Leverages MOBOTIX Cameras to Protect Residents
Business Wire (594 Words)

22-May-2012

MOBOTIX Corp. Highlights Industry Partnerships, New Technologies at Annual Partner Conference
Business Wire (528 Words)

21-May-2012

MOBOTIX AG Publishes Half-Year Figures Showing a Strong Second Quarter
Business Wire (582 Words)

9-May-2012

 

 

Financial Summary 

 

As of 31-Dec-2011

Key Ratios

Company

Industry

Current Ratio (MRQ)

3.23

2.81

Quick Ratio (MRQ)

1.76

2.20

Debt to Equity (MRQ)

0.29

0.58

Net Profit Margin (TTM) %

16.24

-4.93

Return on Assets (TTM) %

23.01

-5.50

Return on Equity (TTM) %

36.96

-1.61

 

Stock Snapshot 

 

Traded: XETRA: MBQ

 

As of 8-Jun-2012

   Financials in: EUR

Recent Price

20.45

 

Dividend Rate

0.38

52 Week High

26.98

 

Price/Earnings

23.73

52 Week Low

15.30

 

Price/Book

6.92

Avg. Volume (mil)

0.0089

 

Beta

0.37

Market Value (mil)

271.40

 

 

 

 

Price % Change

Rel S&P 500%

4 Week

-4.93%

2.04%

13 Week

-18.20%

-8.20%

52 Week

21.25%

41.60%

Year to Date

-7.05%

-10.57%

 

 

Registered No.(DEU): 3724

 

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.717768

2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7453231

 

 

Corporate Overview

 

Location

Kaiserstrasse

Winnweiler , D-67722

Germany

Tel:       49-630-298160

Fax:      49-630-29816190

Web:    www.mobotix.com

           


 

Quote Symbol - Exchange

MBQ - XETRA

Sales EUR(mil):             15.5

Assets EUR(mil):           59.0

Employees:                   237

Fiscal Year End:            30-Sep-2011

Industry:                        Electronic Instruments and Controls

Incorporation Date:         21-Jun-1999

Company Type:             Public Parent

Quoted Status:              Quoted

Registered No.(DEU):     3724

Member of the

Management Board,

Chief Executive Officer:   Ralf Hinkel

 

Company Web Links

Company Contact/E-mail

Corporate History/Profile

Employment Opportunities

Financial Information

Home Page

Investor Relations

News Releases

Products/Services

 

Contents

Industry Codes

Business Description

Financial Data

Market Data

Shareholders

Key Corporate Relationships

 

Industry Codes

 

ANZSIC 2006 Codes:

2429     -          Other Electronic Equipment Manufacturing

5420     -          Software Publishing

 

NACE 2002 Codes:

3210     -          Manufacture of electronic valves and tubes and other electronic components

7221     -          Publishing of software

3230     -          Manufacture of television and radio receivers, sound or video recording or reproducing apparatus and associated goods

 

NAICS 2002 Codes:

511210  -          Software Publishers

334310  -          Audio and Video Equipment Manufacturing

334419  -          Other Electronic Component Manufacturing

 

US SIC 1987:

3679     -          Electronic Components, Not Elsewhere Classified

7372     -          Prepackaged Software

3651     -          Household Audio and Video Equipment

 

UK SIC 2003:

7221     -          Publishing of software

3230     -          Manufacture of television and radio receivers, sound or video recording or reproducing apparatus and associated goods

3210     -          Manufacture of electronic valves and tubes and other electronic components

 

Business Description

Mobotix AG is a Germany-based provider of Internet protocol (IP) video solutions. The Company develops and produces waterproof Web cameras with digital image sensors, integrated personal computers (PCs) and network connection. Its cameras are suitable for large facilities, as well as small business premises. They are equipped with storage, alarm and telephony functions. The Company’s product portfolio is divided into four product groups: Cameras, which includes network cameras for day and night, high-resolution dome and hemispheric cameras, among others; Software, which embraces video management software; Home Automation, which includes IP Video Door Station, adapters, and others, as well as Accessories such as cables, lenses and sensors. In addition, it offers various related services, such as training courses and a technical hotline. As of June 30, 2011, the Company maintained one subsidiary in the United States and one associate in the United Kingdom. For the three months ended 31 December 2011, Mobotix AG's total revenue totaled EUR21M. Net income for the period totaled EUR3.5M. Figures are not comparable due to change in the fiscal year length. Mobotix AG is a Germany-based provider of Internet protocol video solutions. The Company develops and produces waterproof Web cameras with digital image sensors, integrated personal computers and network connection.

 

More Business Descriptions

Network camera technology: software company with in-house hardware development in the area of digital, high-resolution and network-based video security solutions

 

Household Appliances

 

MOBOTIX AG is primarily engaged in manufacture of spectacles and unmounted lenses; manufacture of optical precision instruments; manufacture of photographic and cinematographic equipment.

 

Financial Data

Financials in:

EUR(mil)

 

Revenue:

15.5

Net Income:

1.8

Assets:

59.0

Long Term Debt:

9.5

 

Total Liabilities:

20.0

 

Working Capital:

0.0

 

 

 

Date of Financial Data:

30-Sep-2011

 

1 Year Growth

-78.9%

-86.6%

-2.9%

 

Market Data

Quote Symbol:

MBQ

Exchange:

XETRA

Currency:

EUR

Stock Price:

20.5

Stock Price Date:

06-08-2012

52 Week Price Change %:

21.3

Market Value (mil):

271,401.0

 

SEDOL:

B24GL48

ISIN:

DE0005218309

 

Equity and Dept Distribution:

11/2011, 3-for-1 stock split (Factor: 3).

 

Shareholders

 

 

Major Shareholders

Dr Rolf Hinkel Holding GmbH (50.14%)

 

 

 

 

Key Corporate Relationships

Auditor:

KPMG AG

Bank:

Kreissparkasse Kaiserslautern

 

Auditor:

KPMG AG, KPMG AG

 

 

 

 

 

 

 

 

 

Corporate Family

Corporate Structure News:

 

Mobotix AG

Mobotix AG 
Total Corporate Family Members: 2 

 

 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

 

Mobotix AG

Parent

Winnweiler

Germany

Electronic Instruments and Controls

21.6

328

 

MOBOTIX Corp

Subsidiary

New York, NY

United States

Scientific and Technical Instruments

 

13

 

 

 

Executive report

 

Board of Directors

 

Name

Title

Function

 

Thomas Hoch

 

Chairman of the Supervisory Board

Chairman

 

Biography

Dr. Thomas Hoch is Chairman of the Supervisory Board at Mobotix AG. He has been Member of the Supervisory Board of the Company since November 2, 2004. Dr. Hoch acts as Member of the Supervisory Board at Sysgo AG and iTAC Software AG, as well as Chairman of the Supervisory Board at Ice Age Ice AG, Chairman of the Advisory Board at Toplink GmbH and was Chairman of the Advisory Council at Palladio Systeme GmbH until February 2011. He has been Member of the Board at Secude AG until May 2011 and since has acted as Chairman of the Advisory Council at Secude IT Security GmbH until May 2011. He also served as Chairman of the Board of Directors at Pure Carbon AG until June 2010 and Member of the Board at Pure Klimaschutz AG until June 2010. Dr. Hoch holds a degree in Business Informatics.

 


Age: 44

 


Compensation/Salary:20,000

Compensation Currency: EUR

 

 

Executives

 

Name

Title

Function

 

Ralf Hinkel

 

Member of the Management Board, Chief Executive Officer

Chief Executive Officer

 

Biography

Dr. Ralf Hinkel is Member of the Management Board and Chief Executive Officer at Mobotix AG. He is the Founder of the Company. After completing his education, he established QUADRIGA-Sensortechnik GmbH, Kaiserslautern, known as TRIMBLE Kaiserslautern GmbH, a company active in development, production, and sales of laser measurement products. In 1997, he sold his shareholding in this company, and founded Mobotix AG in 1999. Dr. Hinkel graduated from Universitaet Kaiserslautern with a degree in Computer Science in 1989, and later received his Doctorate of Philosophy degree from the same University. He is the winner of the 1978 Jugend Forscht prize in his home state of Rhineland-Palatinate. He was also awarded the Philip Morris Research prize in 1986.

 


Age: 52

 


Education:

Universitaet Kaiserslautern (Computer Science)
Universitaet Kaiserslautern, PHD 

 


Compensation/Salary:283,000

Compensation Currency: EUR

 

Lutz Coelen

 

Member of the Management Board, Chief Financial Officer, Chief Scientific Officer

Administration Executive

 

 

Biography

Mr. Lutz Coelen acts as Member of the Management Board, Chief Financial Officer and Chief Scientific Officer at Mobotix AG. He has been Chief Financial Officer of the Company since October 2005. Mr. Coelen is also Chief Executive Officer and President of the Company's subsidiary MOBOTIX CORP. Prior to that, he was managing partner of Schlecht & Collegen GmbH, and from 2001 until 2003, he also acted as a consultant and a partner at Ebner, Stolz und Partner GmbH, which is an auditing firm in Muenchen. Mr. Coelen graduated from Universitat Bielefeld with a degree in Business Administration in 1995. From 1995 until 1998, he served as an analyst and on the management team at IBM Informationssysteme GmbH, Stuttgart, and between 1998 and 1999, he was a consultant at a medium-sized management consultancy. From 1999 to 2001, he was managing partner of Coelen Unternehmensberatung in Augsburg. In 2000, Mr. Coelen founded Esmeralda Beteiligungs AG, Muenchen, where he served on the Management Board until 2003.

 


Age: 43

 


Education:

Universitaet Bielefeld (Business Administration)

 


Compensation/Salary:123,000

Compensation Currency: EUR

 

Magnus Ekerot

 

Member of the Management Board, Chief Sales Officer

Administration Executive

 

 

Biography

Dr. Magnus Ekerot has been appointed Member of the Management Board and Chief Sales Officer at Mobotix AG as of January 1, 2011. Dr. Ekerot acted as General Manger of a subsidiary of the publicly listed Swedish display manufacturer Beijer Electronics Products AB of Sweden. He also held the position of Managing Director at AXIS Communications AB, where he was responsible for the German-speaking countries and the Eastern Europe for five years.

 


Education:

Ludwig-Maximillians Universität, Ph D (Strategic Management)
Henley Management College, MBA 
Edinburg University

 

Oliver Gabel

 

Member of the Management Board, Chief Technical Officer

Administration Executive

 

 

Biography

Dr. Ing. Oliver Gabel has been appointed Member of the Management Board and Chief Technical Officer at MOBOTIX AG effective January 1, 2011. Prior to that, he acted as Director of Advanced Technology Development and assistant to the Chief Executive Officer at the Company.

 

Rainer Gerten

 

Member of the Supervisory Board

Administration Executive

 

 

Biography

Prof. Dr. Rainer Gerten has been Member of the Supervisory Board of Mobotic AG since October 4, 2000. He holds a degree in Computer Sciences.

 


Age: 53

 


Compensation/Salary:10,000

Compensation Currency: EUR

 

Ulrich Putsch

 

Member of the Supervisory Board

Administration Executive

 

 

Biography

Mr. Ulrich Putsch has been Member of the Supervisory Board at Mobotix AG since November 2, 2004. He also serves as Chairman of the Supervisory Board of Igr AG, as well as BRAIN Biotechnology Research and Information Network AG. He served as Member of the Supervisory Board at SimonsVoss Technologies AG until May 2010. Mr. Putsch is founder of Keiper Recaro. He holds a degree in Engineering.

 


Age: 74

 


Compensation/Salary:10,000

Compensation Currency: EUR

 

 

Significant Developments

 

 

 

Mobotix AG Confirms FY 2011/2012 Guidance Feb 09, 2012


Mobotix AG announced that it continues to forecast growth of between 30% and 35% and an EBIT margin of 23% for the fiscal year 2011/2012. 

 

Mobotix AG Proposes FY 2010/2011 Dividend Sep 14, 2011


Mobotix AG announced that it will distribute a dividend of EUR 1.50 per share for the fiscal year 2010/2011. 

 

 

Annual Profit & Loss

 

 

 

30-Jun-2011

30-Jun-2010

30-Jun-2009

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate (Period Average)

0.7347

0.721483

0.731067

Consolidated

No

No

No

 

 

 

 

Total income

95.5

71.2

58.8

Raw materials and services

28.3

19.5

16.5

Net sales

95.5

71.2

58.8

Change in stock

2.9

0.1

1.0

Own work capitalised

0.2

0.1

0.1

Other operating income

1.7

1.6

1.3

Raw materials and consumables employed

28.3

19.5

16.5

Other external charges

0.2

0.2

0.2

Cost of goods sold

28.5

19.7

16.7

Cost of raw materials

28.5

19.7

16.7

Taxes and social security costs

3.0

2.5

2.1

Total payroll costs

24.9

19.5

16.3

Fixed asset depreciation and amortisation

3.0

2.4

1.7

Other operating costs

35.8

30.9

27.4

Net operating income

26.0

16.0

12.7

Other income

0.1

0.1

0.4

Interest payable on loans

0.5

0.6

0.5

Other expenses

-

-

0.0

Total expenses

0.5

0.4

0.1

Profit before tax

25.5

15.6

12.6

Provisions

15.7

9.5

7.7

Other taxes

0.0

0.0

0.0

Total taxation

7.3

4.5

3.7

Net profit

18.2

11.1

9.0

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

30-Jun-2011

30-Jun-2010

30-Jun-2009

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.689727

0.816393

0.712936

Consolidated

No

No

No

 

 

 

 

Issued capital

6.4

5.4

6.2

Capital reserves

14.6

12.4

14.2

Profits for the year

31.6

16.7

14.1

Total stockholders equity

52.6

34.5

34.5

Deferred taxation

8.5

3.6

3.1

Other provisions

8.2

4.7

4.9

Provisions and allowances

16.7

8.4

7.9

Other debentures

12.7

8.0

12.8

Total long-term liabilities

12.7

8.0

12.8

Trade creditors

2.1

1.5

1.0

Advances received

0.1

0.0

0.0

Other loans

1.4

3.2

1.0

Taxation and social security

0.7

0.4

0.1

Total current liabilities

4.3

5.2

2.1

Regularisation account

0.0

-

-

Total liabilities (including net worth)

86.4

56.0

57.4

Patents

0.2

0.1

0.2

Intangibles

0.2

0.1

0.2

Land and buildings

17.4

15.2

16.1

Machinery and tools

4.4

2.6

2.8

Fixtures and equipment

17.4

15.2

16.1

Fixed assets under construction

7.6

1.4

0.7

Total tangible fixed assets

32.6

21.9

22.3

Shares held in associated companies

0.5

0.5

0.5

Total financial assets

0.5

0.5

0.5

Total non-current assets

33.3

22.5

23.1

Raw materials

10.0

4.8

3.2

Work in progress

4.5

1.7

2.8

Finished goods

2.9

2.0

1.5

Prepayments

-

-

0.1

Net stocks and work in progress

17.4

8.4

7.6

Trade debtors

11.2

6.4

6.1

Other receivables

7.9

6.7

3.7

Total receivables

24.2

15.5

11.8

Owing from associated companies

5.0

2.4

1.8

Owing from participants

-

-

0.1

Cash and liquid assets

10.6

8.8

14.1

Total current assets

52.2

32.8

33.5

Prepaid expenses and deferred costs

0.9

0.7

0.8

Total assets

86.4

56.0

57.4

 

 

Annual Ratios

Financials in: USD (mil)

 

 

 

30-Jun-2011

30-Jun-2010

30-Jun-2009

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.689727

0.816393

0.712936

Consolidated

No

No

No

 

 

 

 

Current ratio

121.01

63.36

156.87

Acid test ratio

80.65

47.02

121.25

Total liabilities to net worth

0.03%

0.04%

0.04%

Net worth to total assets

0.06%

0.06%

0.06%

Current liabilities to net worth

0.01%

0.02%

0.01%

Current liabilities to stock

0.02%

0.06%

0.03%

Fixed assets to net worth

0.06%

0.07%

0.07%

Collection period

402.00

369.00

372.00

Stock turnover rate

1.71

1.34

1.26

Profit margin

0.02%

0.02%

0.02%

Return on assets

0.02%

0.02%

0.02%

Shareholders' return

0.04%

0.03%

0.03%

Sales per employee

29.61

25.06

24.44

Profit per employee

5.64

3.90

3.72

Average wage per employee

7.71

6.87

6.79

Net worth

52.6

34.5

34.5

Number of employees

237

205

176

 

 

Annual Income Statement

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

30-Sep-2011

30-Jun-2011

30-Jun-2010

30-Jun-2009

30-Jun-2008

Period Length

3 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Special 
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
30-Jun-2010

Updated Normal 
30-Jun-2009

Updated Normal 
30-Jun-2008

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate (Period Average)

0.717768

0.7347

0.721483

0.731067

0.681859

Auditor

KPMG AG

KPMG LLP

KPMG LLP

KPMG LLP

KPMG Deutsche Treuhand-Gesellschaft

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Net Sales

21.1

99.6

74.6

61.4

51.8

Revenue

21.1

99.6

74.6

61.4

51.8

    Other Revenue

0.5

0.6

0.8

1.1

0.4

Other Revenue, Total

0.5

0.6

0.8

1.1

0.4

Total Revenue

21.6

100.3

75.4

62.5

52.2

 

 

 

 

 

 

    Cost of Revenue

5.6

23.1

18.6

14.6

13.3

Cost of Revenue, Total

5.6

23.1

18.6

14.6

13.3

Gross Profit

15.6

76.5

56.1

46.8

38.5

 

 

 

 

 

 

    Labor & Related Expense

5.9

26.2

20.4

16.7

15.0

Total Selling/General/Administrative Expenses

5.9

26.2

20.4

16.7

15.0

    Depreciation

1.0

2.9

2.2

1.6

1.5

    Amortization of Intangibles

0.3

1.0

0.4

0.4

0.3

Depreciation/Amortization

1.4

3.9

2.6

2.0

1.8

    Loss (Gain) on Sale of Assets - Operating

-

0.0

0.0

0.0

-

Unusual Expense (Income)

-

0.0

0.0

0.0

-

    Other Operating Expense

5.0

20.9

17.0

14.7

11.8

Other Operating Expenses, Total

5.0

20.9

17.0

14.7

11.8

Total Operating Expense

17.9

74.2

58.6

48.0

41.9

 

 

 

 

 

 

Operating Income

3.7

26.1

16.8

14.5

10.3

 

 

 

 

 

 

        Interest Expense - Non-Operating

-0.2

-0.7

-0.7

-0.6

-0.4

    Interest Expense, Net Non-Operating

-0.2

-0.7

-0.7

-0.6

-0.4

        Interest Income - Non-Operating

0.0

0.1

0.1

0.4

0.5

        Investment Income - Non-Operating

-

-

0.0

0.0

0.0

    Interest/Investment Income - Non-Operating

0.0

0.1

0.1

0.4

0.5

Interest Income (Expense) - Net Non-Operating Total

-0.1

-0.6

-0.6

-0.2

0.1

    Other Non-Operating Income (Expense)

0.0

0.0

0.0

0.0

0.0

Other, Net

0.0

0.0

0.0

0.0

0.0

Income Before Tax

3.5

25.5

16.3

14.3

10.4

 

 

 

 

 

 

Total Income Tax

1.1

7.5

4.7

4.0

3.2

Income After Tax

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Net Income Before Extraord Items

2.5

18.0

11.6

10.3

7.2

Net Income

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Income Available to Common Excl Extraord Items

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Income Available to Common Incl Extraord Items

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Basic/Primary Weighted Average Shares

13.2

13.2

13.3

13.3

12.8

Basic EPS Excl Extraord Items

0.19

1.36

0.87

0.78

0.57

Basic/Primary EPS Incl Extraord Items

0.19

1.36

0.87

0.78

0.57

Diluted Net Income

2.5

18.0

11.6

10.3

7.2

Diluted Weighted Average Shares

13.2

13.2

13.3

13.3

12.8

Diluted EPS Excl Extraord Items

0.19

1.36

0.87

0.78

0.57

Diluted EPS Incl Extraord Items

0.19

1.36

0.87

0.78

0.57

Dividends per Share - Common Stock Primary Issue

0.00

0.68

0.47

0.34

0.24

Gross Dividends - Common Stock

0.0

9.0

6.1

-

3.2

Interest Expense, Supplemental

0.2

0.7

0.7

0.6

0.4

Depreciation, Supplemental

1.0

2.9

2.2

1.6

1.5

Total Special Items

-

0.0

0.0

0.0

-

Normalized Income Before Tax

3.5

25.5

16.3

14.3

10.4

 

 

 

 

 

 

Effect of Special Items on Income Taxes

-

0.0

0.0

0.0

-

Inc Tax Ex Impact of Sp Items

1.1

7.5

4.7

4.0

3.2

Normalized Income After Tax

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Normalized Inc. Avail to Com.

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Basic Normalized EPS

0.19

1.36

0.87

0.78

0.57

Diluted Normalized EPS

0.19

1.36

0.87

0.78

0.57

Amort of Intangibles, Supplemental

0.3

1.0

0.4

0.4

0.3

Rental Expenses

0.4

1.6

1.3

1.3

1.0

Advertising Expense, Supplemental

1.8

7.5

6.7

5.8

3.7

Research & Development Exp, Supplemental

2.3

9.0

7.5

5.9

4.9

Normalized EBIT

3.7

26.1

16.8

14.5

10.3

Normalized EBITDA

5.0

30.0

19.5

16.4

12.1

    Current Tax - Domestic

1.2

7.3

4.6

3.7

2.5

Current Tax - Total

1.2

7.3

4.6

3.7

2.5

    Deferred Tax - Domestic

-0.1

0.2

0.0

0.3

0.7

    Deferred Tax - Other

0.0

0.0

0.1

0.0

0.0

Deferred Tax - Total

-0.1

0.2

0.1

0.3

0.6

Income Tax - Total

1.1

7.5

4.7

4.0

3.2

Other Pension, Net - Domestic

-

0.0

0.0

0.0

0.0

Domestic Pension Plan Expense

-

0.0

0.0

0.0

0.0

Total Pension Expense

-

0.0

0.0

0.0

0.0

Total Plan Other Expense

-

0.0

0.0

0.0

0.0

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

30-Sep-2011

30-Jun-2011

30-Jun-2010

30-Jun-2009

30-Jun-2008

UpdateType/Date

Updated Normal 
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
30-Jun-2010

Reclassified Normal 
30-Jun-2010

Updated Normal 
30-Jun-2008

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate

0.745323

0.689727

0.816393

0.712936

0.634699

Auditor

KPMG AG

KPMG LLP

KPMG LLP

KPMG LLP

KPMG Deutsche Treuhand-Gesellschaft

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Cash

0.1

-

-

-

-

    Cash & Equivalents

9.3

10.7

9.0

14.2

16.5

    Short Term Investments

0.3

-

-

-

-

Cash and Short Term Investments

9.7

10.7

9.0

14.2

16.5

        Accounts Receivable - Trade, Gross

8.5

14.4

8.3

7.5

7.5

        Provision for Doubtful Accounts

-0.2

-0.3

-0.3

-0.4

-0.1

    Trade Accounts Receivable - Net

8.2

14.1

8.0

7.0

7.4

    Other Receivables

1.2

-

-

-

-

Total Receivables, Net

9.4

14.1

8.0

7.0

7.4

    Inventories - Finished Goods

4.4

3.8

2.7

1.9

2.3

    Inventories - Work In Progress

5.2

4.5

1.7

2.8

1.8

    Inventories - Raw Materials

10.6

10.6

4.9

3.4

2.8

    Inventories - Other

-

-

0.0

0.1

0.0

Total Inventory

20.1

19.0

9.3

8.2

6.9

Prepaid Expenses

1.3

0.5

0.5

0.5

0.5

    Other Current Assets

5.3

8.1

6.8

3.8

3.6

Other Current Assets, Total

5.3

8.1

6.8

3.8

3.6

Total Current Assets

45.8

52.4

33.5

33.7

34.9

 

 

 

 

 

 

        Land/Improvements

23.1

18.9

15.9

16.7

2.5

        Machinery/Equipment

10.4

10.6

6.7

6.6

6.1

        Other Property/Plant/Equipment

8.7

14.4

6.4

5.0

12.4

    Property/Plant/Equipment - Gross

42.1

43.9

29.0

28.2

20.9

    Accumulated Depreciation

-12.0

-11.8

-7.4

-6.3

-5.2

Property/Plant/Equipment - Net

30.2

32.0

21.6

22.0

15.7

    Intangibles - Gross

5.8

6.2

3.5

-

-

    Accumulated Intangible Amortization

-2.9

-2.8

-1.4

-

-

Intangibles, Net

2.9

3.4

2.1

2.1

1.6

    LT Investment - Affiliate Companies

-

-

-

0.0

0.1

Long Term Investments

-

-

-

0.0

0.1

    Deferred Income Tax - Long Term Asset

0.2

0.3

0.2

0.2

0.1

    Other Long Term Assets

0.1

0.1

0.1

0.2

0.2

Other Long Term Assets, Total

0.3

0.4

0.3

0.3

0.3

Total Assets

79.2

88.2

57.5

58.1

52.6

 

 

 

 

 

 

Accounts Payable

4.9

5.3

4.0

3.5

3.0

Accrued Expenses

0.4

0.3

0.2

0.2

-

Notes Payable/Short Term Debt

0.0

0.0

0.0

0.0

0.0

Current Portion - Long Term Debt/Capital Leases

1.6

1.4

3.2

1.0

0.9

    Income Taxes Payable

3.1

8.5

3.7

3.1

-

    Other Current Liabilities

3.2

5.8

2.6

2.2

2.4

Other Current liabilities, Total

6.3

14.3

6.3

5.3

2.4

Total Current Liabilities

13.2

21.4

13.7

10.0

6.3

 

 

 

 

 

 

    Long Term Debt

12.7

11.6

7.2

11.8

10.2

Total Long Term Debt

12.7

11.6

7.2

11.8

10.2

Total Debt

14.3

13.0

10.4

12.8

11.1

 

 

 

 

 

 

    Deferred Income Tax - LT Liability

1.0

1.2

0.7

0.8

0.5

Deferred Income Tax

1.0

1.2

0.7

0.8

0.5

    Reserves

-

-

-

-

4.1

Other Liabilities, Total

-

-

-

-

4.1

Total Liabilities

26.9

34.1

21.6

22.6

21.0

 

 

 

 

 

 

    Common Stock

5.9

6.4

5.4

6.2

7.0

Common Stock

5.9

6.4

5.4

6.2

7.0

Additional Paid-In Capital

13.0

14.0

11.8

13.6

15.2

Retained Earnings (Accumulated Deficit)

34.4

34.6

18.5

15.7

9.2

Treasury Stock - Common

-1.0

-1.1

0.0

-

-

    Other Equity

0.0

0.1

0.1

0.1

0.1

Other Equity, Total

0.0

0.1

0.1

0.1

0.1

Total Equity

52.3

54.0

35.9

35.5

31.6

 

 

 

 

 

 

Total Liabilities & Shareholders’ Equity

79.2

88.1

57.5

58.1

52.6

 

 

 

 

 

 

    Shares Outstanding - Common Stock Primary Issue

13.2

13.2

13.3

13.3

13.3

Total Common Shares Outstanding

13.2

13.2

13.3

13.3

13.3

Treasury Shares - Common Stock Primary Issue

0.1

0.1

0.0

-

-

Employees

319

296

248

204

196

Accumulated Intangible Amort, Suppl.

2.9

2.8

1.4

1.2

0.9

Deferred Revenue - Current

-

-

0.0

0.0

0.0

Total Long Term Debt, Supplemental

14.3

13.0

10.4

12.8

11.1

Long Term Debt Maturing within 1 Year

1.6

1.4

3.2

1.0

0.9

Long Term Debt Maturing in Year 2

1.6

1.4

0.8

1.6

1.5

Long Term Debt Maturing in Year 3

1.6

1.4

0.8

1.6

1.5

Long Term Debt Maturing in Year 4

1.6

1.4

0.8

1.6

1.5

Long Term Debt Maturing in Year 5

1.6

1.4

0.8

1.6

1.5

Long Term Debt Maturing in 2-3 Years

3.1

2.8

1.5

3.1

3.1

Long Term Debt Maturing in 4-5 Years

3.1

2.8

1.5

3.1

3.1

Long Term Debt Matur. in Year 6 & Beyond

6.4

6.0

4.2

5.5

4.1

Total Operating Leases, Supplemental

3.1

3.1

3.6

2.1

2.5

Operating Lease Payments Due in Year 1

0.9

0.9

0.8

0.4

0.7

Operating Lease Payments Due in Year 2

0.5

0.5

0.5

0.3

0.3

Operating Lease Payments Due in Year 3

0.5

0.5

0.5

0.3

0.3

Operating Lease Payments Due in Year 4

0.5

0.5

0.5

0.3

0.3

Operating Lease Payments Due in Year 5

0.5

0.5

0.5

0.3

0.3

Operating Lease Pymts. Due in 2-3 Years

0.9

0.9

1.0

0.6

0.6

Operating Lease Pymts. Due in 4-5 Years

0.9

0.9

1.0

0.6

0.6

Oper. Lse. Pymts. Due in Year 6 & Beyond

0.3

0.3

0.8

0.5

0.6

 

Annual Cash Flows

Financials in: USD (mil)

 

 

 

30-Sep-2011

30-Jun-2011

30-Jun-2010

30-Jun-2009

30-Jun-2008

Period Length

3 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal 
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
30-Jun-2010

Updated Normal 
30-Jun-2009

Updated Normal 
30-Jun-2008

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate (Period Average)

0.717768

0.7347

0.721483

0.731067

0.681859

Auditor

KPMG AG

KPMG LLP

KPMG LLP

KPMG LLP

KPMG Deutsche Treuhand-Gesellschaft

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

Net Income/Starting Line

3.5

25.5

16.3

14.3

10.4

    Depreciation

1.4

3.9

2.6

2.0

1.8

Depreciation/Depletion

1.4

3.9

2.6

2.0

1.8

    Unusual Items

0.0

0.0

0.0

0.0

0.0

    Equity in Net Earnings (Loss)

-

-

0.0

0.0

0.0

    Other Non-Cash Items

0.2

0.7

0.6

0.2

-0.2

Non-Cash Items

0.2

0.7

0.6

0.3

-0.2

    Accounts Receivable

2.0

-12.6

-4.3

-3.6

-5.6

    Accounts Payable

-2.2

3.1

1.8

1.0

0.9

    Other Operating Cash Flow

-6.1

-3.3

-3.4

-3.6

-0.9

Changes in Working Capital

-6.3

-12.7

-5.9

-6.2

-5.7

Cash from Operating Activities

-1.2

17.4

13.6

10.3

6.4

 

 

 

 

 

 

    Purchase of Fixed Assets

-1.9

-10.3

-5.0

-12.9

-8.3

    Purchase/Acquisition of Intangibles

-0.2

-1.9

-0.8

-1.1

-1.4

Capital Expenditures

-2.1

-12.2

-5.8

-14.0

-9.7

    Sale of Fixed Assets

0.0

0.0

0.0

0.0

0.0

    Sale/Maturity of Investment

0.0

0.6

-4.2

0.9

-0.6

    Other Investing Cash Flow

0.4

1.3

0.0

3.0

-

Other Investing Cash Flow Items, Total

0.4

1.9

-4.2

4.0

-0.6

Cash from Investing Activities

-1.7

-10.3

-9.9

-10.0

-10.4

 

 

 

 

 

 

    Other Financing Cash Flow

-0.1

-0.5

-0.5

-0.4

-1.2

Financing Cash Flow Items

-0.1

-0.5

-0.5

-0.4

-1.2

    Cash Dividends Paid - Common

0.0

-6.0

-6.1

-3.0

-1.2

Total Cash Dividends Paid

0.0

-6.0

-6.1

-3.0

-1.2

        Sale/Issuance of Common

-

-

-

0.0

13.9

        Repurchase/Retirement of Common

0.0

-1.1

0.0

-

-

    Common Stock, Net

0.0

-1.1

0.0

0.0

13.9

Issuance (Retirement) of Stock, Net

0.0

-1.1

0.0

0.0

13.9

    Total Debt Issued

2.8

4.6

0.0

3.5

7.6

    Total Debt Reduction

-0.4

-4.0

-1.0

-0.8

-1.7

Issuance (Retirement) of Debt, Net

2.4

0.6

-1.0

2.7

5.9

Cash from Financing Activities

2.4

-7.0

-7.6

-0.8

17.4

 

 

 

 

 

 

Foreign Exchange Effects

0.0

0.0

0.0

0.0

0.0

Net Change in Cash

-0.6

0.1

-3.9

-0.5

13.4

 

 

 

 

 

 

Net Cash - Beginning Balance

10.3

10.0

14.1

14.3

2.0

Net Cash - Ending Balance

9.7

10.1

10.1

13.9

15.4

Cash Interest Paid

0.1

0.5

0.5

0.4

0.3

Cash Taxes Paid

6.2

3.4

3.5

4.0

1.3

 

 

Annual Income Statement

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

30-Sep-2011

30-Jun-2011

30-Jun-2010

30-Jun-2009

30-Jun-2008

Period Length

3 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Special
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
30-Jun-2010

Updated Normal 
30-Jun-2009

Updated Normal 
30-Jun-2008

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate (Period Average)

0.717768

0.7347

0.721483

0.731067

0.681859

Auditor

KPMG AG

KPMG LLP

KPMG LLP

KPMG LLP

KPMG Deutsche Treuhand-Gesellschaft

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Revenue

21.1

99.6

74.6

61.4

51.8

    Other Operating Income

0.5

0.6

0.8

1.1

0.4

Total Revenue

21.6

100.3

75.4

62.5

52.2

 

 

 

 

 

 

    Gain on Sale of Assets

-

0.0

0.0

0.0

-

    Increase in Finished G. and Work in P.

-1.9

-2.9

-0.5

-0.9

-1.1

    Own Work Capitalized

-0.2

-1.9

-0.8

-1.1

-1.3

    Cost of Raw Materials and Other

7.7

28.0

19.9

16.6

15.6

    Cost of Services

-

-

-

-

0.1

    Wages and Salaries

5.9

26.2

20.4

16.7

13.2

    Social Security Expenses

-

-

-

-

1.9

    Depreciation

1.0

2.9

2.2

1.6

1.5

    Amortization of Intangibles

0.3

1.0

0.4

0.4

0.3

    Other Operating Expense

5.0

20.9

17.0

14.7

11.8

Total Operating Expense

17.9

74.2

58.6

48.0

41.9

 

 

 

 

 

 

    Equity Income

-

-

0.0

0.0

0.0

    Bank Interest Income

0.0

0.1

0.1

0.4

0.5

    Interest and Similar Income

0.0

0.0

0.0

0.0

0.0

    Bank Interest Expense

-0.2

-0.7

-0.7

-0.6

-0.4

    Other Expense

0.0

0.0

0.0

0.0

0.0

Net Income Before Taxes

3.5

25.5

16.3

14.3

10.4

 

 

 

 

 

 

Provision for Income Taxes

1.1

7.5

4.7

4.0

3.2

Net Income After Taxes

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Net Income Before Extra. Items

2.5

18.0

11.6

10.3

7.2

Net Income

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Income Available to Com Excl ExtraOrd

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Income Available to Com Incl ExtraOrd

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Basic Weighted Average Shares

13.2

13.2

13.3

13.3

12.8

Basic EPS Excluding ExtraOrdinary Items

0.19

1.36

0.87

0.78

0.57

Basic EPS Including ExtraOrdinary Items

0.19

1.36

0.87

0.78

0.57

Diluted Net Income

2.5

18.0

11.6

10.3

7.2

Diluted Weighted Average Shares

13.2

13.2

13.3

13.3

12.8

Diluted EPS Excluding ExtraOrd Items

0.19

1.36

0.87

0.78

0.57

Diluted EPS Including ExtraOrd Items

0.19

1.36

0.87

0.78

0.57

DPS-Common Stock

0.00

0.68

0.47

0.34

0.24

Gross Dividends - Common Stock

0.0

9.0

6.1

-

3.2

Normalized Income Before Taxes

3.5

25.5

16.3

14.3

10.4

 

 

 

 

 

 

Inc Tax Ex Impact of Sp Items

1.1

7.5

4.7

4.0

3.2

Normalized Income After Taxes

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Normalized Inc. Avail to Com.

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Basic Normalized EPS

0.19

1.36

0.87

0.78

0.57

Diluted Normalized EPS

0.19

1.36

0.87

0.78

0.57

Amortization of Intangibles

0.3

1.0

0.4

0.4

0.3

Depreciation and Amortization

1.0

2.9

2.2

1.6

1.5

Interest Expense

0.2

0.7

0.7

0.6

0.4

Advertising Costs

1.8

7.5

6.7

5.8

3.7

Rental Costs

0.4

1.6

1.3

1.3

1.0

Research and Development

2.3

9.0

7.5

5.9

4.9

    Current Tax

1.2

7.3

4.6

3.7

2.5

Current Tax - Total

1.2

7.3

4.6

3.7

2.5

    Deferred Tax

-0.1

0.2

0.0

0.3

0.7

    Tax from Previous Years

0.0

0.0

0.1

0.0

0.0

Deferred Tax - Total

-0.1

0.2

0.1

0.3

0.6

Income Tax - Total

1.1

7.5

4.7

4.0

3.2

Pension Expenses

-

0.0

0.0

0.0

0.0

Domestic Pension Plan Expense

-

0.0

0.0

0.0

0.0

Total Pension Expense

-

0.0

0.0

0.0

0.0

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

30-Sep-2011

30-Jun-2011

30-Jun-2010

30-Jun-2009

30-Jun-2008

UpdateType/Date

Updated Normal
30-Sep-2011

Updated Normal
30-Jun-2011

Updated Normal
30-Jun-2010

Reclassified Normal 
30-Jun-2010

Updated Normal 
30-Jun-2008

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate

0.745323

0.689727

0.816393

0.712936

0.634699

Auditor

KPMG AG

KPMG LLP

KPMG LLP

KPMG LLP

KPMG Deutsche Treuhand-Gesellschaft

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Raw Materials and Supplies

10.6

10.6

4.9

3.4

2.8

    Work in Process

5.2

4.5

1.7

2.8

1.8

    Finished Goods

4.4

3.8

2.7

1.9

2.3

    Advances on Inventories

-

-

0.0

0.1

0.0

    Trade Receivables, Gross

8.5

14.4

8.3

7.5

7.5

    Provision for Doubtful Accounts

-0.2

-0.3

-0.3

-0.4

-0.1

    Receivables - Other

1.2

-

-

-

-

    Prepaid Expenses

0.6

-

-

-

-

    Short Term Investments

0.3

-

-

-

-

    Other Current Assets

5.3

8.1

6.8

3.8

3.6

    Cash

0.1

-

-

-

-

    Cash and Cash Equivalents

9.3

10.7

9.0

14.2

16.5

    Accruals/Deferrals

0.7

0.5

0.5

0.5

0.5

Total Current Assets

45.8

52.4

33.5

33.7

34.9

 

 

 

 

 

 

    Intangibles Gross

5.8

6.2

3.5

-

-

    Accumulated Amortization of Intangibles

-2.9

-2.8

-1.4

-

-

    Concessions. Licences and Similar

-

-

-

2.1

1.6

    Land, Leaseholds and Similar

23.1

18.9

15.9

16.7

2.5

    Machinery and Equipment

10.4

10.6

6.7

6.6

6.1

    Other Equipment

7.6

6.8

5.0

4.5

2.8

    Advances on Tangibles

1.1

7.6

1.5

0.5

9.6

    Accumulated Depreciation

-12.0

-11.8

-7.4

-6.3

-5.2

    Shares in Affiliates

-

-

-

0.0

0.1

    Accruals/Deferrals

0.1

0.1

0.1

0.2

0.2

    Deferred Tax

0.2

0.3

0.2

0.2

0.1

    Adjustment

-

0.0

-

-

-

Total Assets

79.2

88.2

57.5

58.1

52.6

 

 

 

 

 

 

    Liabilities to Banks

1.6

1.4

3.2

1.0

0.9

    Trade Payable

4.9

5.3

4.0

3.5

3.0

    Accrued Expenses

0.1

-

-

-

-

    Other Liabilities

3.2

5.8

2.6

2.2

2.4

    Provisions

0.3

0.3

0.2

0.2

-

    Tax Provisions

3.1

8.5

3.7

3.1

-

Total Current Liabilities

13.2

21.4

13.7

10.0

6.3

 

 

 

 

 

 

    Liabilities to Banks

12.7

11.6

7.2

11.8

10.2

Total Long Term Debt

12.7

11.6

7.2

11.8

10.2

 

 

 

 

 

 

    Tax Provisions

-

-

-

-

3.9

    Other Provisions

-

-

-

-

0.2

    Deferred Tax

1.0

1.2

0.7

0.8

0.5

Total Liabilities

26.9

34.1

21.6

22.6

21.0

 

 

 

 

 

 

    Subscribed Capital

5.9

6.4

5.4

6.2

7.0

    Treasury Shares

-1.0

-1.1

0.0

-

-

    Capital Reserve

13.0

14.0

11.8

13.6

15.2

    Other Equity

0.0

0.1

0.1

0.1

0.1

    Accumulated Loss Brought Forward

32.1

15.5

8.3

5.1

1.5

    Net Income for the Year

2.4

19.1

10.2

10.6

7.8

Total Equity

52.3

54.0

35.9

35.5

31.6

 

 

 

 

 

 

Total Liabilities & Shareholders' Equity

79.2

88.1

57.5

58.1

52.6

 

 

 

 

 

 

    S/O-Common Stock

13.2

13.2

13.3

13.3

13.3

Total Common Shares Outstanding

13.2

13.2

13.3

13.3

13.3

T/S-Common Stock

0.1

0.1

0.0

-

-

Amortization of Intangibles

2.9

2.8

1.4

1.2

0.9

Payment Received on Orders

-

-

0.0

0.0

0.0

Full-Time Employees

319

296

248

204

196

Debt Due in 1 Year

1.6

1.4

3.2

1.0

0.9

Debt Due in 5 Years

6.2

5.6

3.0

6.3

6.1

Debt Due over 5 Years

6.4

6.0

4.2

5.5

4.1

Total Long Term Debt, Supplemental

14.3

13.0

10.4

12.8

11.1

Operating Leases Maturing Within 1 Year

0.9

0.9

0.8

0.4

0.7

Operating Leases Maturing Within 5 Years

1.9

1.8

2.1

1.1

1.3

Operating Leases Maturing After 5 Years

0.3

0.3

0.8

0.5

0.6

Total Operating Leases, Supplemental

3.1

3.1

3.6

2.1

2.5

 

 

Annual Cash Flows

Financials in: USD (mil)

 

 

 

30-Sep-2011

30-Jun-2011

30-Jun-2010

30-Jun-2009

30-Jun-2008

Period Length

3 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal 
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
30-Jun-2010

Updated Normal 
30-Jun-2009

Updated Normal 
30-Jun-2008

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate (Period Average)

0.717768

0.7347

0.721483

0.731067

0.681859

Auditor

KPMG AG

KPMG LLP

KPMG LLP

KPMG LLP

KPMG Deutsche Treuhand-Gesellschaft

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

Net Income/ EBT

3.5

25.5

16.3

14.3

10.4

    Depreciation

1.4

3.9

2.6

2.0

1.8

    Interest Result

0.2

0.6

0.6

0.2

-0.1

    Equity Result

-

-

0.0

0.0

0.0

    Received Interest

0.0

0.1

0.1

0.4

0.5

    Increase in Provisions

0.0

0.1

0.0

0.1

-0.1

    Other Non-Cash Items

0.0

0.0

0.0

0.0

0.0

    Loss from Disposal of Assets

0.0

0.0

0.0

0.0

0.0

    Increase in Trade Receiveble

2.0

-12.6

-4.3

-3.6

-5.6

    Change in Trade Payable and Other

-2.2

3.1

1.8

1.0

0.9

    Tax Paid

-6.2

-3.4

-3.5

-4.0

-1.3

Cash from Operating Activities

-1.2

17.4

13.6

10.3

6.4

 

 

 

 

 

 

    Sale of Fixed Assets

0.0

0.0

0.0

0.0

0.0

    Investment in Fixed Assets

-1.9

-10.3

-5.0

-12.9

-8.3

    Investment in Intangibles

-0.2

-1.9

-0.8

-1.1

-1.4

    Cash From Subsidies

0.4

1.3

0.0

3.0

-

    Investment in Financial Assets

-

0.0

-4.9

-1.4

-0.6

    Sale of Financial Assets

0.0

0.6

0.7

2.3

-

Cash from Investing Activities

-1.7

-10.3

-9.9

-10.0

-10.4

 

 

 

 

 

 

    Income from Shareholders Equity

-

-

-

0.0

13.9

    Cost of Capital Increase

-

-

-

0.0

-0.9

    Purchase of Own Shares

0.0

-1.1

0.0

-

-

    Dividends Paid

0.0

-6.0

-6.1

-3.0

-1.2

    Issue of Loans

2.8

4.6

0.0

3.5

7.6

    Repayment of Loans

-0.4

-4.0

-1.0

-0.8

-1.7

    Interest Paid

-0.1

-0.5

-0.5

-0.4

-0.3

Cash from Financing Activities

2.4

-7.0

-7.6

-0.8

17.4

 

 

 

 

 

 

Foreign Exchange Effects

0.0

0.0

0.0

0.0

0.0

Net Change in Cash

-0.6

0.1

-3.9

-0.5

13.4

 

 

 

 

 

 

Net Cash - Beginning Balance

10.3

10.0

14.1

14.3

2.0

Net Cash - Ending Balance

9.7

10.1

10.1

13.9

15.4

    Cash Interest Paid

0.1

0.5

0.5

0.4

0.3

    Cash Taxes Paid

6.2

3.4

3.5

4.0

1.3

 

 

Financial Health

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

Key Indicators USD (mil)

 

Quarter
Ending
31-Mar-2012

Quarter
Ending
Yr Ago

Annual
Year End
30-Sep-2011

1 Year
Growth

3 Year
Growth

5 Year
Growth

Total Revenue1

-

-

21.6

-78.93%

-30.23%

-8.15%

Operating Income1

-

-

3.7

-86.23%

-37.09%

-7.41%

Income Available to Common Excl Extraord Items1

-

-

2.5

-86.61%

-38.34%

-4.66%

Basic EPS Excl Extraord Items1

0.32

32.48%

0.19

-86.59%

-38.22%

-4.55%

Capital Expenditures2

1.1

-

2.1

-83.23%

-47.26%

-14.18%

Cash from Operating Activities2

5.8

-

-1.2

-

-

-

Free Cash Flow

4.5

-

-3.2

-

-

-

Total Assets3

71.7

8.22%

79.2

-2.92%

12.55%

33.98%

Total Liabilities3

25.1

-6.87%

26.9

-14.95%

7.54%

24.12%

Total Long Term Debt3

12.0

10.12%

12.7

18.39%

4.05%

32.68%

Employees3

-

-

319

7.77%

16.07%

19.85%

Total Common Shares Outstanding3

13.2

0.00%

13.2

0.00%

-0.18%

-0.11%

1-ExchangeRate: EUR to USD Average for Period

0.762971

 

0.717768

 

 

 

2-ExchangeRate: EUR to USD Average for Period

0.741961

 

0.717768

 

 

 

3-ExchangeRate: EUR to USD Period End Date

0.770327

 

0.745323

 

 

 

Key Ratios

 

30-Sep-2011

30-Jun-2011

30-Jun-2010

30-Jun-2009

30-Jun-2008

Profitability

Gross Margin

73.58%

76.79%

75.12%

76.21%

74.34%

Operating Margin

17.02%

26.03%

22.32%

23.21%

19.68%

Pretax Margin

16.32%

25.40%

21.57%

22.88%

19.95%

Net Profit Margin

11.38%

17.92%

15.37%

16.49%

13.84%

Financial Strength

Current Ratio

3.47

2.45

2.45

3.37

5.54

Long Term Debt/Equity

0.24

0.21

0.20

0.33

0.32

Total Debt/Equity

0.27

0.24

0.29

0.36

0.35

Management Effectiveness

Return on Assets

2.95%

24.50%

18.93%

20.16%

20.94%

Return on Equity

4.63%

39.66%

30.64%

33.25%

36.61%

Efficiency

Receivables Turnover

1.85

9.04

9.42

9.44

9.29

Inventory Turnover

0.29

1.65

2.00

2.08

2.22

Asset Turnover

0.26

1.37

1.23

1.22

1.51

Market Valuation USD (mil)

P/E (TTM)

22.06

.

Enterprise Value2

361.2

Price/Sales (TTM)

3.60

.

Enterprise Value/Revenue (TTM)

3.69

Price/Book (MRQ)

7.52

.

Enterprise Value/EBITDA (TTM)

13.23

Market Cap as of 08-Jun-20121

341.1

.

 

 

1-ExchangeRate: EUR to USD on 8-Jun-2012

0.795747

 

 

 

2-ExchangeRate: EUR to USD on 31-Dec-2011

0.770327

 

 

 

 

 

Annual Ratios

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

30-Sep-2011

30-Jun-2010

30-Jun-2009

30-Jun-2008

Financial Strength

Current Ratio

3.47

2.45

3.37

5.54

Quick/Acid Test Ratio

1.45

1.24

2.12

3.79

Working Capital1

32.6

19.8

23.7

28.6

Long Term Debt/Equity

0.24

0.20

0.33

0.32

Total Debt/Equity

0.27

0.29

0.36

0.35

Long Term Debt/Total Capital

0.19

0.16

0.24

0.24

Total Debt/Total Capital

0.21

0.23

0.26

0.26

Payout Ratio

0.00%

53.44%

43.21%

43.22%

Effective Tax Rate

30.24%

28.77%

27.94%

30.60%

Total Capital1

66.6

46.3

48.3

42.7

 

 

 

 

 

Efficiency

Asset Turnover

0.26

1.23

1.22

1.51

Inventory Turnover

0.29

2.00

2.08

2.22

Days In Inventory

1,276.18

182.95

175.20

164.13

Receivables Turnover

1.85

9.42

9.44

9.29

Days Receivables Outstanding

197.41

38.74

38.68

39.28

Revenue/Employee2

65,281

268,777

314,269

285,954

Operating Income/Employee2

11,108

60,000

72,931

56,278

EBITDA/Employee2

15,242

69,434

82,784

66,077

 

 

 

 

 

Profitability

Gross Margin

73.58%

75.12%

76.21%

74.34%

Operating Margin

17.02%

22.32%

23.21%

19.68%

EBITDA Margin

23.35%

25.83%

26.34%

23.11%

EBIT Margin

17.02%

22.32%

23.21%

19.68%

Pretax Margin

16.32%

21.57%

22.88%

19.95%

Net Profit Margin

11.38%

15.37%

16.49%

13.84%

COGS/Revenue

25.84%

24.62%

23.37%

25.47%

SG&A Expense/Revenue

27.47%

27.05%

26.74%

28.84%

 

 

 

 

 

Management Effectiveness

Return on Assets

2.95%

18.93%

20.16%

20.94%

Return on Equity

4.63%

30.64%

33.25%

36.61%

 

 

 

 

 

Valuation

Free Cash Flow/Share2

-0.24

0.52

-0.28

-0.27

Operating Cash Flow/Share 2

-0.09

0.91

0.80

0.52

1-ExchangeRate: EUR to USD Period End Date

0.689727

0.816393

0.712936

0.634699

2-ExchangeRate: EUR to USD Average for Period

0.689727

0.816393

0.712936

0.634699

 

Current Market Multiples

Market Cap/Earnings (TTM)

22.18

Market Cap/Equity (MRQ)

7.56

Market Cap/Revenue (TTM)

3.60

Market Cap/EBIT (TTM)

15.35

Market Cap/EBITDA (TTM)

12.91

Enterprise Value/Earnings (TTM)

22.73

Enterprise Value/Equity (MRQ)

7.75

Enterprise Value/Revenue (TTM)

3.69

Enterprise Value/EBIT (TTM)

15.74

Enterprise Value/EBITDA (TTM)

13.23

 

 

 

 

Annual Income Statement

Standardized

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

30-Sep-2011

30-Jun-2011

30-Jun-2010

30-Jun-2009

30-Jun-2008

Period Length

3 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Special 
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
30-Jun-2010

Updated Normal 
30-Jun-2009

Updated Normal 
30-Jun-2008

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate (Period Average)

0.717768

0.7347

0.721483

0.731067

0.681859

Auditor

KPMG AG

KPMG LLP

KPMG LLP

KPMG LLP

KPMG Deutsche Treuhand-Gesellschaft

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Net Sales

21.1

99.6

74.6

61.4

51.8

Revenue

21.1

99.6

74.6

61.4

51.8

    Other Revenue

0.5

0.6

0.8

1.1

0.4

Other Revenue, Total

0.5

0.6

0.8

1.1

0.4

Total Revenue

21.6

100.3

75.4

62.5

52.2

 

 

 

 

 

 

    Cost of Revenue

5.6

23.1

18.6

14.6

13.3

Cost of Revenue, Total

5.6

23.1

18.6

14.6

13.3

Gross Profit

15.6

76.5

56.1

46.8

38.5

 

 

 

 

 

 

    Labor & Related Expense

5.9

26.2

20.4

16.7

15.0

Total Selling/General/Administrative Expenses

5.9

26.2

20.4

16.7

15.0

    Depreciation

1.0

2.9

2.2

1.6

1.5

    Amortization of Intangibles

0.3

1.0

0.4

0.4

0.3

Depreciation/Amortization

1.4

3.9

2.6

2.0

1.8

    Loss (Gain) on Sale of Assets - Operating

-

0.0

0.0

0.0

-

Unusual Expense (Income)

-

0.0

0.0

0.0

-

    Other Operating Expense

5.0

20.9

17.0

14.7

11.8

Other Operating Expenses, Total

5.0

20.9

17.0

14.7

11.8

Total Operating Expense

17.9

74.2

58.6

48.0

41.9

 

 

 

 

 

 

Operating Income

3.7

26.1

16.8

14.5

10.3

 

 

 

 

 

 

        Interest Expense - Non-Operating

-0.2

-0.7

-0.7

-0.6

-0.4

    Interest Expense, Net Non-Operating

-0.2

-0.7

-0.7

-0.6

-0.4

        Interest Income - Non-Operating

0.0

0.1

0.1

0.4

0.5

        Investment Income - Non-Operating

-

-

0.0

0.0

0.0

    Interest/Investment Income - Non-Operating

0.0

0.1

0.1

0.4

0.5

Interest Income (Expense) - Net Non-Operating Total

-0.1

-0.6

-0.6

-0.2

0.1

    Other Non-Operating Income (Expense)

0.0

0.0

0.0

0.0

0.0

Other, Net

0.0

0.0

0.0

0.0

0.0

Income Before Tax

3.5

25.5

16.3

14.3

10.4

 

 

 

 

 

 

Total Income Tax

1.1

7.5

4.7

4.0

3.2

Income After Tax

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Net Income Before Extraord Items

2.5

18.0

11.6

10.3

7.2

Net Income

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Income Available to Common Excl Extraord Items

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Income Available to Common Incl Extraord Items

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Basic/Primary Weighted Average Shares

13.2

13.2

13.3

13.3

12.8

Basic EPS Excl Extraord Items

0.19

1.36

0.87

0.78

0.57

Basic/Primary EPS Incl Extraord Items

0.19

1.36

0.87

0.78

0.57

Diluted Net Income

2.5

18.0

11.6

10.3

7.2

Diluted Weighted Average Shares

13.2

13.2

13.3

13.3

12.8

Diluted EPS Excl Extraord Items

0.19

1.36

0.87

0.78

0.57

Diluted EPS Incl Extraord Items

0.19

1.36

0.87

0.78

0.57

Dividends per Share - Common Stock Primary Issue

0.00

0.68

0.47

0.34

0.24

Gross Dividends - Common Stock

0.0

9.0

6.1

-

3.2

Interest Expense, Supplemental

0.2

0.7

0.7

0.6

0.4

Depreciation, Supplemental

1.0

2.9

2.2

1.6

1.5

Total Special Items

-

0.0

0.0

0.0

-

Normalized Income Before Tax

3.5

25.5

16.3

14.3

10.4

 

 

 

 

 

 

Effect of Special Items on Income Taxes

-

0.0

0.0

0.0

-

Inc Tax Ex Impact of Sp Items

1.1

7.5

4.7

4.0

3.2

Normalized Income After Tax

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Normalized Inc. Avail to Com.

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Basic Normalized EPS

0.19

1.36

0.87

0.78

0.57

Diluted Normalized EPS

0.19

1.36

0.87

0.78

0.57

Amort of Intangibles, Supplemental

0.3

1.0

0.4

0.4

0.3

Rental Expenses

0.4

1.6

1.3

1.3

1.0

Advertising Expense, Supplemental

1.8

7.5

6.7

5.8

3.7

Research & Development Exp, Supplemental

2.3

9.0

7.5

5.9

4.9

Normalized EBIT

3.7

26.1

16.8

14.5

10.3

Normalized EBITDA

5.0

30.0

19.5

16.4

12.1

    Current Tax - Domestic

1.2

7.3

4.6

3.7

2.5

Current Tax - Total

1.2

7.3

4.6

3.7

2.5

    Deferred Tax - Domestic

-0.1

0.2

0.0

0.3

0.7

    Deferred Tax - Other

0.0

0.0

0.1

0.0

0.0

Deferred Tax - Total

-0.1

0.2

0.1

0.3

0.6

Income Tax - Total

1.1

7.5

4.7

4.0

3.2

Other Pension, Net - Domestic

-

0.0

0.0

0.0

0.0

Domestic Pension Plan Expense

-

0.0

0.0

0.0

0.0

Total Pension Expense

-

0.0

0.0

0.0

0.0

Total Plan Other Expense

-

0.0

0.0

0.0

0.0

 

 

 

Interim Income Statement

Standardized

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

31-Mar-2012

31-Dec-2011

30-Sep-2011

30-Jun-2011

31-Mar-2011

Period Length

3 Months

3 Months

3 Months

3 Months

3 Months

UpdateType/Date

Updated Normal 
31-Mar-2012

Updated Normal 
31-Dec-2011

Updated Normal 
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
31-Mar-2011

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate (Period Average)

0.762971

0.741961

0.707825

0.695476

0.731463

 

 

 

 

 

 

    Net Sales

0.0

28.0

21.4

31.3

22.9

Revenue

0.0

28.0

21.4

31.3

22.9

    Other Revenue

-

0.4

0.5

0.2

0.1

Other Revenue, Total

-

0.4

0.5

0.2

0.1

Total Revenue

-

28.4

21.9

31.5

23.1

 

 

 

 

 

 

    Cost of Revenue

-

6.9

5.7

7.6

5.5

Cost of Revenue, Total

-

6.9

5.7

7.6

5.5

Gross Profit

-

21.2

15.8

23.7

17.5

 

 

 

 

 

 

    Labor & Related Expense

-

7.6

6.0

7.9

6.4

Total Selling/General/Administrative Expenses

-

7.6

6.0

7.9

6.4

    Depreciation

-

1.2

1.4

1.1

1.0

Depreciation/Amortization

-

1.2

1.4

1.1

1.0

    Other Operating Expense

-

6.1

5.1

5.5

5.3

Other Operating Expenses, Total

-

6.1

5.1

5.5

5.3

Total Operating Expense

-

21.8

18.2

22.1

18.1

 

 

 

 

 

 

Operating Income

-

6.6

3.7

9.4

4.9

 

 

 

 

 

 

        Interest Expense - Non-Operating

-

-0.2

-0.2

-0.2

-0.2

    Interest Expense, Net Non-Operating

-

-0.2

-0.2

-0.2

-0.2

        Interest Income - Non-Operating

-

0.0

0.0

0.0

0.0

    Interest/Investment Income - Non-Operating

-

0.0

0.0

0.0

0.0

Interest Income (Expense) - Net Non-Operating Total

-

-0.2

-0.2

-0.2

-0.1

Income Before Tax

-

6.4

3.6

9.2

4.8

 

 

 

 

 

 

Total Income Tax

-

1.7

1.1

2.7

1.5

Income After Tax

0.0

4.7

2.5

6.5

3.3

 

 

 

 

 

 

Net Income Before Extraord Items

-

4.7

2.5

6.5

3.3

Net Income

-

4.7

2.5

6.5

3.3

 

 

 

 

 

 

Income Available to Common Excl Extraord Items

-

4.7

2.5

6.5

3.3

 

 

 

 

 

 

Income Available to Common Incl Extraord Items

-

4.7

2.5

6.5

3.3

 

 

 

 

 

 

Basic/Primary Weighted Average Shares

-

13.2

13.2

13.2

13.2

Basic EPS Excl Extraord Items

0.32

0.36

0.19

0.49

0.25

Basic/Primary EPS Incl Extraord Items

-

0.36

0.19

0.49

0.25

Diluted Net Income

-

4.7

2.5

6.5

3.3

Diluted Weighted Average Shares

-

13.2

13.2

13.2

13.2

Diluted EPS Excl Extraord Items

-

0.36

0.19

0.49

0.25

Diluted EPS Incl Extraord Items

-

0.36

0.19

0.49

0.25

Dividends per Share - Common Stock Primary Issue

-

0.00

0.00

0.72

0.00

Gross Dividends - Common Stock

-

0.0

0.0

9.5

0.0

Interest Expense, Supplemental

-

0.2

0.2

0.2

0.2

Depreciation, Supplemental

-

1.2

1.4

1.1

1.0

Normalized Income Before Tax

-

6.4

3.6

9.2

4.8

 

 

 

 

 

 

Inc Tax Ex Impact of Sp Items

-

1.7

1.1

2.7

1.5

Normalized Income After Tax

-

4.7

2.5

6.5

3.3

 

 

 

 

 

 

Normalized Inc. Avail to Com.

-

4.7

2.5

6.5

3.3

Basic Normalized EPS

-

0.36

0.19

0.49

0.25

Diluted Normalized EPS

-

0.36

0.19

0.49

0.25

Normalized EBIT

-

6.6

3.7

9.4

4.9

Normalized EBITDA

-

7.8

5.1

10.4

5.9

    Current Tax - Total

-

1.8

1.2

2.7

1.3

Current Tax - Total

-

1.8

1.2

2.7

1.3

    Deferred Tax - Total

-

-0.1

-0.1

0.0

0.2

Deferred Tax - Total

-

-0.1

-0.1

0.0

0.2

    Other Tax

-

-

0.0

0.0

-

Income Tax - Total

-

1.7

1.1

2.7

1.5

 

 

Annual Balance Sheet

Standardized

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

30-Sep-2011

30-Jun-2011

30-Jun-2010

30-Jun-2009

30-Jun-2008

UpdateType/Date

Updated Normal 
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
30-Jun-2010

Reclassified Normal 
30-Jun-2010

Updated Normal 
30-Jun-2008

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate

0.745323

0.689727

0.816393

0.712936

0.634699

Auditor

KPMG AG

KPMG LLP

KPMG LLP

KPMG LLP

KPMG Deutsche Treuhand-Gesellschaft

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Cash

0.1

-

-

-

-

    Cash & Equivalents

9.3

10.7

9.0

14.2

16.5

    Short Term Investments

0.3

-

-

-

-

Cash and Short Term Investments

9.7

10.7

9.0

14.2

16.5

        Accounts Receivable - Trade, Gross

8.5

14.4

8.3

7.5

7.5

        Provision for Doubtful Accounts

-0.2

-0.3

-0.3

-0.4

-0.1

    Trade Accounts Receivable - Net

8.2

14.1

8.0

7.0

7.4

    Other Receivables

1.2

-

-

-

-

Total Receivables, Net

9.4

14.1

8.0

7.0

7.4

    Inventories - Finished Goods

4.4

3.8

2.7

1.9

2.3

    Inventories - Work In Progress

5.2

4.5

1.7

2.8

1.8

    Inventories - Raw Materials

10.6

10.6

4.9

3.4

2.8

    Inventories - Other

-

-

0.0

0.1

0.0

Total Inventory

20.1

19.0

9.3

8.2

6.9

Prepaid Expenses

1.3

0.5

0.5

0.5

0.5

    Other Current Assets

5.3

8.1

6.8

3.8

3.6

Other Current Assets, Total

5.3

8.1

6.8

3.8

3.6

Total Current Assets

45.8

52.4

33.5

33.7

34.9

 

 

 

 

 

 

        Land/Improvements

23.1

18.9

15.9

16.7

2.5

        Machinery/Equipment

10.4

10.6

6.7

6.6

6.1

        Other Property/Plant/Equipment

8.7

14.4

6.4

5.0

12.4

    Property/Plant/Equipment - Gross

42.1

43.9

29.0

28.2

20.9

    Accumulated Depreciation

-12.0

-11.8

-7.4

-6.3

-5.2

Property/Plant/Equipment - Net

30.2

32.0

21.6

22.0

15.7

    Intangibles - Gross

5.8

6.2

3.5

-

-

    Accumulated Intangible Amortization

-2.9

-2.8

-1.4

-

-

Intangibles, Net

2.9

3.4

2.1

2.1

1.6

    LT Investment - Affiliate Companies

-

-

-

0.0

0.1

Long Term Investments

-

-

-

0.0

0.1

    Deferred Income Tax - Long Term Asset

0.2

0.3

0.2

0.2

0.1

    Other Long Term Assets

0.1

0.1

0.1

0.2

0.2

Other Long Term Assets, Total

0.3

0.4

0.3

0.3

0.3

Total Assets

79.2

88.2

57.5

58.1

52.6

 

 

 

 

 

 

Accounts Payable

4.9

5.3

4.0

3.5

3.0

Accrued Expenses

0.4

0.3

0.2

0.2

-

Notes Payable/Short Term Debt

0.0

0.0

0.0

0.0

0.0

Current Portion - Long Term Debt/Capital Leases

1.6

1.4

3.2

1.0

0.9

    Income Taxes Payable

3.1

8.5

3.7

3.1

-

    Other Current Liabilities

3.2

5.8

2.6

2.2

2.4

Other Current liabilities, Total

6.3

14.3

6.3

5.3

2.4

Total Current Liabilities

13.2

21.4

13.7

10.0

6.3

 

 

 

 

 

 

    Long Term Debt

12.7

11.6

7.2

11.8

10.2

Total Long Term Debt

12.7

11.6

7.2

11.8

10.2

Total Debt

14.3

13.0

10.4

12.8

11.1

 

 

 

 

 

 

    Deferred Income Tax - LT Liability

1.0

1.2

0.7

0.8

0.5

Deferred Income Tax

1.0

1.2

0.7

0.8

0.5

    Reserves

-

-

-

-

4.1

Other Liabilities, Total

-

-

-

-

4.1

Total Liabilities

26.9

34.1

21.6

22.6

21.0

 

 

 

 

 

 

    Common Stock

5.9

6.4

5.4

6.2

7.0

Common Stock

5.9

6.4

5.4

6.2

7.0

Additional Paid-In Capital

13.0

14.0

11.8

13.6

15.2

Retained Earnings (Accumulated Deficit)

34.4

34.6

18.5

15.7

9.2

Treasury Stock - Common

-1.0

-1.1

0.0

-

-

    Other Equity

0.0

0.1

0.1

0.1

0.1

Other Equity, Total

0.0

0.1

0.1

0.1

0.1

Total Equity

52.3

54.0

35.9

35.5

31.6

 

 

 

 

 

 

Total Liabilities & Shareholders’ Equity

79.2

88.1

57.5

58.1

52.6

 

 

 

 

 

 

    Shares Outstanding - Common Stock Primary Issue

13.2

13.2

13.3

13.3

13.3

Total Common Shares Outstanding

13.2

13.2

13.3

13.3

13.3

Treasury Shares - Common Stock Primary Issue

0.1

0.1

0.0

-

-

Employees

319

296

248

204

196

Accumulated Intangible Amort, Suppl.

2.9

2.8

1.4

1.2

0.9

Deferred Revenue - Current

-

-

0.0

0.0

0.0

Total Long Term Debt, Supplemental

14.3

13.0

10.4

12.8

11.1

Long Term Debt Maturing within 1 Year

1.6

1.4

3.2

1.0

0.9

Long Term Debt Maturing in Year 2

1.6

1.4

0.8

1.6

1.5

Long Term Debt Maturing in Year 3

1.6

1.4

0.8

1.6

1.5

Long Term Debt Maturing in Year 4

1.6

1.4

0.8

1.6

1.5

Long Term Debt Maturing in Year 5

1.6

1.4

0.8

1.6

1.5

Long Term Debt Maturing in 2-3 Years

3.1

2.8

1.5

3.1

3.1

Long Term Debt Maturing in 4-5 Years

3.1

2.8

1.5

3.1

3.1

Long Term Debt Matur. in Year 6 & Beyond

6.4

6.0

4.2

5.5

4.1

Total Operating Leases, Supplemental

3.1

3.1

3.6

2.1

2.5

Operating Lease Payments Due in Year 1

0.9

0.9

0.8

0.4

0.7

Operating Lease Payments Due in Year 2

0.5

0.5

0.5

0.3

0.3

Operating Lease Payments Due in Year 3

0.5

0.5

0.5

0.3

0.3

Operating Lease Payments Due in Year 4

0.5

0.5

0.5

0.3

0.3

Operating Lease Payments Due in Year 5

0.5

0.5

0.5

0.3

0.3

Operating Lease Pymts. Due in 2-3 Years

0.9

0.9

1.0

0.6

0.6

Operating Lease Pymts. Due in 4-5 Years

0.9

0.9

1.0

0.6

0.6

Oper. Lse. Pymts. Due in Year 6 & Beyond

0.3

0.3

0.8

0.5

0.6

 

 

 

Interim Balance Sheet

Standardized

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

31-Dec-2011

30-Sep-2011

30-Jun-2011

31-Mar-2011

31-Dec-2010

UpdateType/Date

Updated Normal 
31-Dec-2011

Updated Normal 
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
31-Mar-2011

Updated Normal 
31-Dec-2010

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate

0.770327

0.745323

0.689727

0.704672

0.745406

 

 

 

 

 

 

    Cash & Equivalents

4.6

9.4

10.7

9.7

7.8

Cash and Short Term Investments

4.6

9.4

10.7

9.7

7.8

    Trade Accounts Receivable - Net

9.5

8.2

14.1

8.8

8.6

Total Receivables, Net

9.5

8.2

14.1

8.8

8.6

    Inventories - Finished Goods

3.9

4.4

3.8

3.5

3.1

    Inventories - Work In Progress

4.1

5.2

4.5

4.0

3.2

    Inventories - Raw Materials

10.0

10.6

10.6

9.5

8.9

Total Inventory

18.0

20.1

19.0

17.0

15.2

Prepaid Expenses

0.5

0.7

0.5

0.8

0.6

    Other Current Assets

6.9

7.4

8.1

8.2

7.4

Other Current Assets, Total

6.9

7.4

8.1

8.2

7.4

Total Current Assets

39.6

45.8

52.4

44.5

39.6

 

 

 

 

 

 

Property/Plant/Equipment - Net

29.1

30.2

32.0

28.9

25.9

Intangibles, Net

2.7

2.9

3.4

3.1

2.7

    Deferred Income Tax - Long Term Asset

0.3

0.2

0.3

0.1

0.3

    Other Long Term Assets

0.1

0.1

0.1

0.2

0.1

Other Long Term Assets, Total

0.4

0.3

0.4

0.4

0.4

Total Assets

71.7

79.2

88.2

76.9

68.5

 

 

 

 

 

 

Accounts Payable

4.5

4.9

5.3

4.7

4.7

Accrued Expenses

0.3

0.3

0.3

0.3

0.3

Notes Payable/Short Term Debt

0.0

0.0

0.0

0.0

0.0

Current Portion - Long Term Debt/Capital Leases

1.5

1.6

1.4

1.4

1.3

    Income Taxes Payable

3.7

3.1

8.5

7.5

6.3

    Other Current Liabilities

2.1

3.3

5.8

3.9

3.1

Other Current liabilities, Total

5.8

6.4

14.3

11.4

9.5

Total Current Liabilities

12.2

13.2

21.4

17.7

15.7

 

 

 

 

 

 

    Long Term Debt

12.0

12.7

11.6

11.6

11.3

Total Long Term Debt

12.0

12.7

11.6

11.6

11.3

Total Debt

13.5

14.3

13.0

13.0

12.5

 

 

 

 

 

 

    Deferred Income Tax - LT Liability

0.9

1.0

1.2

1.1

0.9

Deferred Income Tax

0.9

1.0

1.2

1.1

0.9

Total Liabilities

25.1

26.9

34.1

30.4

27.9

 

 

 

 

 

 

    Common Stock

17.2

5.9

6.4

6.3

5.9

Common Stock

17.2

5.9

6.4

6.3

5.9

Additional Paid-In Capital

1.1

13.0

14.0

13.7

13.0

Retained Earnings (Accumulated Deficit)

29.3

34.4

34.6

27.5

22.7

Treasury Stock - Common

-1.0

-1.0

-1.1

-1.1

-1.0

    Other Comprehensive Income

0.0

0.0

0.1

0.1

0.1

Other Equity, Total

0.0

0.0

0.1

0.1

0.1

Total Equity

46.6

52.3

54.0

46.4

40.6

 

 

 

 

 

 

Total Liabilities & Shareholders’ Equity

71.7

79.2

88.1

76.9

68.5

 

 

 

 

 

 

    Shares Outstanding - Common Stock Primary Issue

13.2

13.2

13.2

13.2

13.2

Total Common Shares Outstanding

13.2

13.2

13.2

13.2

13.2

Treasury Shares - Common Stock Primary Issue

0.1

0.1

0.1

0.1

0.1

Employees

328

319

296

271

249

Total Long Term Debt, Supplemental

-

-

-

1.4

1.3

Long Term Debt Maturing within 1 Year

-

-

-

1.4

1.3

Long Term Debt Matur. in Year 6 & Beyond

-

-

-

0.0

0.0

 

 

 

Annual Cash Flows

Standardized

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

30-Sep-2011

30-Jun-2011

30-Jun-2010

30-Jun-2009

30-Jun-2008

Period Length

3 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal 
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
30-Jun-2010

Updated Normal 
30-Jun-2009

Updated Normal 
30-Jun-2008

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate (Period Average)

0.717768

0.7347

0.721483

0.731067

0.681859

Auditor

KPMG AG

KPMG LLP

KPMG LLP

KPMG LLP

KPMG Deutsche Treuhand-Gesellschaft

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

Net Income/Starting Line

3.5

25.5

16.3

14.3

10.4

    Depreciation

1.4

3.9

2.6

2.0

1.8

Depreciation/Depletion

1.4

3.9

2.6

2.0

1.8

    Unusual Items

0.0

0.0

0.0

0.0

0.0

    Equity in Net Earnings (Loss)

-

-

0.0

0.0

0.0

    Other Non-Cash Items

0.2

0.7

0.6

0.2

-0.2

Non-Cash Items

0.2

0.7

0.6

0.3

-0.2

    Accounts Receivable

2.0

-12.6

-4.3

-3.6

-5.6

    Accounts Payable

-2.2

3.1

1.8

1.0

0.9

    Other Operating Cash Flow

-6.1

-3.3

-3.4

-3.6

-0.9

Changes in Working Capital

-6.3

-12.7

-5.9

-6.2

-5.7

Cash from Operating Activities

-1.2

17.4

13.6

10.3

6.4

 

 

 

 

 

 

    Purchase of Fixed Assets

-1.9

-10.3

-5.0

-12.9

-8.3

    Purchase/Acquisition of Intangibles

-0.2

-1.9

-0.8

-1.1

-1.4

Capital Expenditures

-2.1

-12.2

-5.8

-14.0

-9.7

    Sale of Fixed Assets

0.0

0.0

0.0

0.0

0.0

    Sale/Maturity of Investment

0.0

0.6

-4.2

0.9

-0.6

    Other Investing Cash Flow

0.4

1.3

0.0

3.0

-

Other Investing Cash Flow Items, Total

0.4

1.9

-4.2

4.0

-0.6

Cash from Investing Activities

-1.7

-10.3

-9.9

-10.0

-10.4

 

 

 

 

 

 

    Other Financing Cash Flow

-0.1

-0.5

-0.5

-0.4

-1.2

Financing Cash Flow Items

-0.1

-0.5

-0.5

-0.4

-1.2

    Cash Dividends Paid - Common

0.0

-6.0

-6.1

-3.0

-1.2

Total Cash Dividends Paid

0.0

-6.0

-6.1

-3.0

-1.2

        Sale/Issuance of Common

-

-

-

0.0

13.9

        Repurchase/Retirement of Common

0.0

-1.1

0.0

-

-

    Common Stock, Net

0.0

-1.1

0.0

0.0

13.9

Issuance (Retirement) of Stock, Net

0.0

-1.1

0.0

0.0

13.9

    Total Debt Issued

2.8

4.6

0.0

3.5

7.6

    Total Debt Reduction

-0.4

-4.0

-1.0

-0.8

-1.7

Issuance (Retirement) of Debt, Net

2.4

0.6

-1.0

2.7

5.9

Cash from Financing Activities

2.4

-7.0

-7.6

-0.8

17.4

 

 

 

 

 

 

Foreign Exchange Effects

0.0

0.0

0.0

0.0

0.0

Net Change in Cash

-0.6

0.1

-3.9

-0.5

13.4

 

 

 

 

 

 

Net Cash - Beginning Balance

10.3

10.0

14.1

14.3

2.0

Net Cash - Ending Balance

9.7

10.1

10.1

13.9

15.4

Cash Interest Paid

0.1

0.5

0.5

0.4

0.3

Cash Taxes Paid

6.2

3.4

3.5

4.0

1.3

 

 

 

Interim Cash Flows

Standardized

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

31-Dec-2011

30-Sep-2011

30-Jun-2011

31-Mar-2011

31-Dec-2010

Period Length

3 Months

3 Months

12 Months

9 Months

6 Months

UpdateType/Date

Updated Normal 
31-Dec-2011

Updated Normal 
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
31-Mar-2011

Updated Normal 
31-Dec-2010

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate (Period Average)

0.741961

0.707825

0.7347

0.747764

0.75577

 

 

 

 

 

 

Net Income/Starting Line

6.4

3.6

25.5

16.5

11.6

    Depreciation

1.2

1.4

3.9

2.8

1.8

Depreciation/Depletion

1.2

1.4

3.9

2.8

1.8

    Unusual Items

0.0

0.0

0.0

0.0

-

    Other Non-Cash Items

0.2

0.2

0.7

0.5

0.4

Non-Cash Items

0.2

0.2

0.7

0.5

0.4

    Accounts Receivable

0.3

2.0

-12.6

-6.7

-5.3

    Accounts Payable

-1.3

-2.2

3.1

0.9

0.6

    Other Operating Cash Flow

-1.1

-6.2

-3.3

-1.5

-1.0

Changes in Working Capital

-2.0

-6.4

-12.7

-7.4

-5.7

Cash from Operating Activities

5.8

-1.3

17.4

12.4

8.2

 

 

 

 

 

 

    Purchase of Fixed Assets

-0.8

-1.9

-10.3

-6.7

-4.3

    Purchase/Acquisition of Intangibles

-0.3

-0.2

-1.9

-1.4

-0.9

Capital Expenditures

-1.1

-2.1

-12.2

-8.1

-5.2

    Sale of Fixed Assets

0.0

0.0

0.0

-

-

    Sale/Maturity of Investment

0.0

0.0

0.6

0.6

0.6

    Purchase of Investments

-

-

0.0

0.0

-

    Other Investing Cash Flow

0.0

0.4

1.3

0.8

0.3

Other Investing Cash Flow Items, Total

0.0

0.4

1.9

1.5

1.0

Cash from Investing Activities

-1.0

-1.7

-10.3

-6.6

-4.2

 

 

 

 

 

 

    Other Financing Cash Flow

-0.1

-0.1

-0.5

-0.4

-0.3

Financing Cash Flow Items

-0.1

-0.1

-0.5

-0.4

-0.3

    Cash Dividends Paid - Common

-8.9

0.0

-6.0

-5.9

-5.9

Total Cash Dividends Paid

-8.9

0.0

-6.0

-5.9

-5.9

        Repurchase/Retirement of Common

0.0

0.0

-1.1

-1.0

-1.0

    Common Stock, Net

0.0

0.0

-1.1

-1.0

-1.0

Issuance (Retirement) of Stock, Net

0.0

0.0

-1.1

-1.0

-1.0

    Total Debt Issued

-

2.8

4.6

4.5

4.4

    Total Debt Reduction

-0.4

-0.4

-4.0

-3.6

-3.2

Issuance (Retirement) of Debt, Net

-0.4

2.5

0.6

0.9

1.2

Cash from Financing Activities

-9.4

2.4

-7.0

-6.5

-5.9

 

 

 

 

 

 

Foreign Exchange Effects

0.0

0.0

0.0

0.0

0.0

Net Change in Cash

-4.6

-0.6

0.1

-0.6

-2.0

 

 

 

 

 

 

Net Cash - Beginning Balance

9.4

10.5

10.0

9.8

9.7

Net Cash - Ending Balance

4.8

9.9

10.1

9.2

7.7

Cash Interest Paid

0.1

0.1

0.5

0.4

0.3

Cash Taxes Paid

1.1

6.2

3.4

1.6

1.1

 

 

 

Annual Income Statement

As Reported

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

30-Sep-2011

30-Jun-2011

30-Jun-2010

30-Jun-2009

30-Jun-2008

Period Length

3 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Special
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
30-Jun-2010

Updated Normal 
30-Jun-2009

Updated Normal 
30-Jun-2008

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate (Period Average)

0.717768

0.7347

0.721483

0.731067

0.681859

Auditor

KPMG AG

KPMG LLP

KPMG LLP

KPMG LLP

KPMG Deutsche Treuhand-Gesellschaft

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Revenue

21.1

99.6

74.6

61.4

51.8

    Other Operating Income

0.5

0.6

0.8

1.1

0.4

Total Revenue

21.6

100.3

75.4

62.5

52.2

 

 

 

 

 

 

    Gain on Sale of Assets

-

0.0

0.0

0.0

-

    Increase in Finished G. and Work in P.

-1.9

-2.9

-0.5

-0.9

-1.1

    Own Work Capitalized

-0.2

-1.9

-0.8

-1.1

-1.3

    Cost of Raw Materials and Other

7.7

28.0

19.9

16.6

15.6

    Cost of Services

-

-

-

-

0.1

    Wages and Salaries

5.9

26.2

20.4

16.7

13.2

    Social Security Expenses

-

-

-

-

1.9

    Depreciation

1.0

2.9

2.2

1.6

1.5

    Amortization of Intangibles

0.3

1.0

0.4

0.4

0.3

    Other Operating Expense

5.0

20.9

17.0

14.7

11.8

Total Operating Expense

17.9

74.2

58.6

48.0

41.9

 

 

 

 

 

 

    Equity Income

-

-

0.0

0.0

0.0

    Bank Interest Income

0.0

0.1

0.1

0.4

0.5

    Interest and Similar Income

0.0

0.0

0.0

0.0

0.0

    Bank Interest Expense

-0.2

-0.7

-0.7

-0.6

-0.4

    Other Expense

0.0

0.0

0.0

0.0

0.0

Net Income Before Taxes

3.5

25.5

16.3

14.3

10.4

 

 

 

 

 

 

Provision for Income Taxes

1.1

7.5

4.7

4.0

3.2

Net Income After Taxes

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Net Income Before Extra. Items

2.5

18.0

11.6

10.3

7.2

Net Income

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Income Available to Com Excl ExtraOrd

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Income Available to Com Incl ExtraOrd

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Basic Weighted Average Shares

13.2

13.2

13.3

13.3

12.8

Basic EPS Excluding ExtraOrdinary Items

0.19

1.36

0.87

0.78

0.57

Basic EPS Including ExtraOrdinary Items

0.19

1.36

0.87

0.78

0.57

Diluted Net Income

2.5

18.0

11.6

10.3

7.2

Diluted Weighted Average Shares

13.2

13.2

13.3

13.3

12.8

Diluted EPS Excluding ExtraOrd Items

0.19

1.36

0.87

0.78

0.57

Diluted EPS Including ExtraOrd Items

0.19

1.36

0.87

0.78

0.57

DPS-Common Stock

0.00

0.68

0.47

0.34

0.24

Gross Dividends - Common Stock

0.0

9.0

6.1

-

3.2

Normalized Income Before Taxes

3.5

25.5

16.3

14.3

10.4

 

 

 

 

 

 

Inc Tax Ex Impact of Sp Items

1.1

7.5

4.7

4.0

3.2

Normalized Income After Taxes

2.5

18.0

11.6

10.3

7.2

 

 

 

 

 

 

Normalized Inc. Avail to Com.

2.5

18.0

11.6

10.3

7.2

Basic Normalized EPS

0.19

1.36

0.87

0.78

0.57

Diluted Normalized EPS

0.19

1.36

0.87

0.78

0.57

Amortization of Intangibles

0.3

1.0

0.4

0.4

0.3

Depreciation and Amortization

1.0

2.9

2.2

1.6

1.5

Interest Expense

0.2

0.7

0.7

0.6

0.4

Advertising Costs

1.8

7.5

6.7

5.8

3.7

Rental Costs

0.4

1.6

1.3

1.3

1.0

Research and Development

2.3

9.0

7.5

5.9

4.9

    Current Tax

1.2

7.3

4.6

3.7

2.5

Current Tax - Total

1.2

7.3

4.6

3.7

2.5

    Deferred Tax

-0.1

0.2

0.0

0.3

0.7

    Tax from Previous Years

0.0

0.0

0.1

0.0

0.0

Deferred Tax - Total

-0.1

0.2

0.1

0.3

0.6

Income Tax - Total

1.1

7.5

4.7

4.0

3.2

Pension Expenses

-

0.0

0.0

0.0

0.0

Domestic Pension Plan Expense

-

0.0

0.0

0.0

0.0

Total Pension Expense

-

0.0

0.0

0.0

0.0

 

 

Interim Income Statement

As Reported

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

31-Dec-2011

30-Sep-2011

30-Jun-2011

31-Mar-2011

31-Dec-2010

Period Length

3 Months

3 Months

3 Months

3 Months

3 Months

UpdateType/Date

Updated Normal 
31-Dec-2011

Updated Normal 
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
31-Mar-2011

Updated Normal 
31-Dec-2010

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate (Period Average)

0.741961

0.707825

0.695476

0.731463

0.736368

 

 

 

 

 

 

    Revenue

28.0

21.4

31.3

22.9

26.6

    Other Operating Income

0.4

0.5

0.2

0.1

0.1

Total Revenue

28.4

21.9

31.5

23.1

26.7

 

 

 

 

 

 

    Increase in Finished G. and Work in P.

1.2

-1.9

-0.7

-0.8

0.0

    Own Work Capitalized

-0.2

-0.2

-0.5

-0.7

-0.5

    Cost of Raw Materials and Other

5.9

7.8

8.8

7.0

6.2

    Wages and Salaries

7.6

6.0

7.9

6.4

7.1

    Depreciation and Amortization

1.2

1.4

1.1

1.0

1.0

    Other Operating Expense

6.1

5.1

5.5

5.3

6.2

Total Operating Expense

21.8

18.2

22.1

18.1

20.1

 

 

 

 

 

 

    Interest and Similar Income

0.0

0.0

0.0

0.0

0.0

    Interest and Similar Expense

-0.2

-0.2

-0.2

-0.2

-0.2

Net Income Before Taxes

6.4

3.6

9.2

4.8

6.4

 

 

 

 

 

 

Provision for Income Taxes

1.7

1.1

2.7

1.5

1.9

Net Income After Taxes

4.7

2.5

6.5

3.3

4.5

 

 

 

 

 

 

Net Income Before Extra. Items

4.7

2.5

6.5

3.3

4.5

Net Income

4.7

2.5

6.5

3.3

4.5

 

 

 

 

 

 

Income Available to Com Excl ExtraOrd

4.7

2.5

6.5

3.3

4.5

 

 

 

 

 

 

Income Available to Com Incl ExtraOrd

4.7

2.5

6.5

3.3

4.5

 

 

 

 

 

 

Basic Weighted Average Shares

13.2

13.2

13.2

13.2

13.2

Basic EPS Excluding ExtraOrdinary Items

0.36

0.19

0.49

0.25

0.34

Basic EPS Including ExtraOrdinary Items

0.36

0.19

0.49

0.25

0.34

Diluted Net Income

4.7

2.5

6.5

3.3

4.5

Diluted Weighted Average Shares

13.2

13.2

13.2

13.2

13.2

Diluted EPS Excluding ExtraOrd Items

0.36

0.19

0.49

0.25

0.34

Diluted EPS Including ExtraOrd Items

0.36

0.19

0.49

0.25

0.34

DPS-Common Stock

0.00

0.00

0.72

0.00

0.00

Gross Dividends - Common Stock

0.0

0.0

9.5

0.0

0.0

Normalized Income Before Taxes

6.4

3.6

9.2

4.8

6.4

 

 

 

 

 

 

Inc Tax Ex Impact of Sp Items

1.7

1.1

2.7

1.5

1.9

Normalized Income After Taxes

4.7

2.5

6.5

3.3

4.5

 

 

 

 

 

 

Normalized Inc. Avail to Com.

4.7

2.5

6.5

3.3

4.5

 

 

 

 

 

 

Basic Normalized EPS

0.36

0.19

0.49

0.25

0.34

Diluted Normalized EPS

0.36

0.19

0.49

0.25

0.34

Depreciation and Amortization

1.2

1.4

1.1

1.0

1.0

Interest Expense

0.2

0.2

0.2

0.2

0.2

    Current Tax

1.8

1.2

2.7

1.3

1.9

Current Tax - Total

1.8

1.2

2.7

1.3

1.9

    Deferred Tax

-0.1

-0.1

0.0

0.2

0.0

Deferred Tax - Total

-0.1

-0.1

0.0

0.2

0.0

    Prior Years Tax

-

0.0

0.0

-

-

Income Tax - Total

1.7

1.1

2.7

1.5

1.9

 

 

 

Annual Balance Sheet

As Reported

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

 

 

30-Sep-2011

30-Jun-2011

30-Jun-2010

30-Jun-2009

30-Jun-2008

UpdateType/Date

Updated Normal
30-Sep-2011

Updated Normal
30-Jun-2011

Updated Normal
30-Jun-2010

Reclassified Normal 
30-Jun-2010

Updated Normal 
30-Jun-2008

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate

0.745323

0.689727

0.816393

0.712936

0.634699

Auditor

KPMG AG

KPMG LLP

KPMG LLP

KPMG LLP

KPMG Deutsche Treuhand-Gesellschaft

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Raw Materials and Supplies

10.6

10.6

4.9

3.4

2.8

    Work in Process

5.2

4.5

1.7

2.8

1.8

    Finished Goods

4.4

3.8

2.7

1.9

2.3

    Advances on Inventories

-

-

0.0

0.1

0.0

    Trade Receivables, Gross

8.5

14.4

8.3

7.5

7.5

    Provision for Doubtful Accounts

-0.2

-0.3

-0.3

-0.4

-0.1

    Receivables - Other

1.2

-

-

-

-

    Prepaid Expenses

0.6

-

-

-

-

    Short Term Investments

0.3

-

-

-

-

    Other Current Assets

5.3

8.1

6.8

3.8

3.6

    Cash

0.1

-

-

-

-

    Cash and Cash Equivalents

9.3

10.7

9.0

14.2

16.5

    Accruals/Deferrals

0.7

0.5

0.5

0.5

0.5

Total Current Assets

45.8

52.4

33.5

33.7

34.9

 

 

 

 

 

 

    Intangibles Gross

5.8

6.2

3.5

-

-

    Accumulated Amortization of Intangibles

-2.9

-2.8

-1.4

-

-

    Concessions. Licences and Similar

-

-

-

2.1

1.6

    Land, Leaseholds and Similar

23.1

18.9

15.9

16.7

2.5

    Machinery and Equipment

10.4

10.6

6.7

6.6

6.1

    Other Equipment

7.6

6.8

5.0

4.5

2.8

    Advances on Tangibles

1.1

7.6

1.5

0.5

9.6

    Accumulated Depreciation

-12.0

-11.8

-7.4

-6.3

-5.2

    Shares in Affiliates

-

-

-

0.0

0.1

    Accruals/Deferrals

0.1

0.1

0.1

0.2

0.2

    Deferred Tax

0.2

0.3

0.2

0.2

0.1

    Adjustment

-

0.0

-

-

-

Total Assets

79.2

88.2

57.5

58.1

52.6

    Liabilities to Banks

1.6

1.4

3.2

1.0

0.9

    Trade Payable

4.9

5.3

4.0

3.5

3.0

    Accrued Expenses

0.1

-

-

-

-

    Other Liabilities

3.2

5.8

2.6

2.2

2.4

    Provisions

0.3

0.3

0.2

0.2

-

    Tax Provisions

3.1

8.5

3.7

3.1

-

Total Current Liabilities

13.2

21.4

13.7

10.0

6.3

    Liabilities to Banks

12.7

11.6

7.2

11.8

10.2

Total Long Term Debt

12.7

11.6

7.2

11.8

10.2

    Tax Provisions

-

-

-

-

3.9

    Other Provisions

-

-

-

-

0.2

    Deferred Tax

1.0

1.2

0.7

0.8

0.5

Total Liabilities

26.9

34.1

21.6

22.6

21.0

    Subscribed Capital

5.9

6.4

5.4

6.2

7.0

    Treasury Shares

-1.0

-1.1

0.0

-

-

    Capital Reserve

13.0

14.0

11.8

13.6

15.2

    Other Equity

0.0

0.1

0.1

0.1

0.1

    Accumulated Loss Brought Forward

32.1

15.5

8.3

5.1

1.5

    Net Income for the Year

2.4

19.1

10.2

10.6

7.8

Total Equity

52.3

54.0

35.9

35.5

31.6

Total Liabilities & Shareholders' Equity

79.2

88.1

57.5

58.1

52.6

    S/O-Common Stock

13.2

13.2

13.3

13.3

13.3

Total Common Shares Outstanding

13.2

13.2

13.3

13.3

13.3

T/S-Common Stock

0.1

0.1

0.0

-

-

Amortization of Intangibles

2.9

2.8

1.4

1.2

0.9

Payment Received on Orders

-

-

0.0

0.0

0.0

Full-Time Employees

319

296

248

204

196

Debt Due in 1 Year

1.6

1.4

3.2

1.0

0.9

Debt Due in 5 Years

6.2

5.6

3.0

6.3

6.1

Debt Due over 5 Years

6.4

6.0

4.2

5.5

4.1

Total Long Term Debt, Supplemental

14.3

13.0

10.4

12.8

11.1

Operating Leases Maturing Within 1 Year

0.9

0.9

0.8

0.4

0.7

Operating Leases Maturing Within 5 Years

1.9

1.8

2.1

1.1

1.3

Operating Leases Maturing After 5 Years

0.3

0.3

0.8

0.5

0.6

Total Operating Leases, Supplemental

3.1

3.1

3.6

2.1

2.5

 

 

 

Interim Balance Sheet

As Reported

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

31-Dec-2011

30-Sep-2011

30-Jun-2011

31-Mar-2011

31-Dec-2010

UpdateType/Date

Updated Normal 
31-Dec-2011

Updated Normal 
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
31-Mar-2011

Updated Normal 
31-Dec-2010

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate

0.770327

0.745323

0.689727

0.704672

0.745406

 

 

 

 

 

 

    Raw Materials and Supplies

10.0

10.6

10.6

9.5

8.9

    Work in Progess

4.1

5.2

4.5

4.0

3.2

    Finished Goods

3.9

4.4

3.8

3.5

3.1

    Trade Receivable

9.5

8.2

14.1

8.8

8.6

    Other Current Assets

6.9

7.4

8.1

8.2

7.4

    Cash and Cash Equivalents

4.6

9.4

10.7

9.7

7.8

    Accruals / Deferrals

0.5

0.7

0.5

0.8

0.6

Total Current Assets

39.6

45.8

52.4

44.5

39.6

 

 

 

 

 

 

    Intangibles, Net

2.7

2.9

3.4

3.1

2.7

    Tangibles, Net

29.1

30.2

32.0

28.9

25.9

    Accruals/Deferrals

0.1

0.1

0.1

0.2

0.1

    Deferred Taxes

0.3

0.2

0.3

0.1

0.3

Total Assets

71.7

79.2

88.2

76.9

68.5

 

 

 

 

 

 

    Liabilities to Banks

1.5

1.6

1.4

1.4

1.3

    Trade Payable

4.5

4.9

5.3

4.7

4.7

    Other Liabilities

2.1

3.3

5.8

3.9

3.1

    Provisions

0.3

0.3

0.3

0.3

0.3

    Tax Provisions

3.7

3.1

8.5

7.5

6.3

Total Current Liabilities

12.2

13.2

21.4

17.7

15.7

 

 

 

 

 

 

    LT Debt

12.0

12.7

11.6

11.6

11.3

Total Long Term Debt

12.0

12.7

11.6

11.6

11.3

 

 

 

 

 

 

    Deferred Tax

0.9

1.0

1.2

1.1

0.9

Total Liabilities

25.1

26.9

34.1

30.4

27.9

 

 

 

 

 

 

    Subscribed Capital

17.2

5.9

6.4

6.3

5.9

    Capital Reserve

1.1

13.0

14.0

13.7

13.0

    Accumulated Profit

24.7

32.1

15.5

15.2

14.3

    Net Income for the Year

4.6

2.4

19.1

12.3

8.4

    Other Comprehenive Income

0.0

0.0

0.1

0.1

0.1

    Own Shares

-1.0

-1.0

-1.1

-1.1

-1.0

Total Equity

46.6

52.3

54.0

46.4

40.6

 

 

 

 

 

 

Total Liabilities & Shareholders' Equity

71.7

79.2

88.1

76.9

68.5

 

 

 

 

 

 

    S/O-Common Stock

13.2

13.2

13.2

13.2

13.2

Total Common Shares Outstanding

13.2

13.2

13.2

13.2

13.2

T/S-Common Stock

0.1

0.1

0.1

0.1

0.1

Full-Time Employees

328

319

296

271

249

Current maturities

-

-

-

1.4

1.3

Total Long Term Debt, Supplemental

-

-

-

1.4

1.3

 

 

 

Annual Cash Flows

As Reported

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

30-Sep-2011

30-Jun-2011

30-Jun-2010

30-Jun-2009

30-Jun-2008

Period Length

3 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal 
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
30-Jun-2010

Updated Normal 
30-Jun-2009

Updated Normal 
30-Jun-2008

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate (Period Average)

0.717768

0.7347

0.721483

0.731067

0.681859

Auditor

KPMG AG

KPMG LLP

KPMG LLP

KPMG LLP

KPMG Deutsche Treuhand-Gesellschaft

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

Net Income/ EBT

3.5

25.5

16.3

14.3

10.4

    Depreciation

1.4

3.9

2.6

2.0

1.8

    Interest Result

0.2

0.6

0.6

0.2

-0.1

    Equity Result

-

-

0.0

0.0

0.0

    Received Interest

0.0

0.1

0.1

0.4

0.5

    Increase in Provisions

0.0

0.1

0.0

0.1

-0.1

    Other Non-Cash Items

0.0

0.0

0.0

0.0

0.0

    Loss from Disposal of Assets

0.0

0.0

0.0

0.0

0.0

    Increase in Trade Receiveble

2.0

-12.6

-4.3

-3.6

-5.6

    Change in Trade Payable and Other

-2.2

3.1

1.8

1.0

0.9

    Tax Paid

-6.2

-3.4

-3.5

-4.0

-1.3

Cash from Operating Activities

-1.2

17.4

13.6

10.3

6.4

 

 

 

 

 

 

    Sale of Fixed Assets

0.0

0.0

0.0

0.0

0.0

    Investment in Fixed Assets

-1.9

-10.3

-5.0

-12.9

-8.3

    Investment in Intangibles

-0.2

-1.9

-0.8

-1.1

-1.4

    Cash From Subsidies

0.4

1.3

0.0

3.0

-

    Investment in Financial Assets

-

0.0

-4.9

-1.4

-0.6

    Sale of Financial Assets

0.0

0.6

0.7

2.3

-

Cash from Investing Activities

-1.7

-10.3

-9.9

-10.0

-10.4

 

 

 

 

 

 

    Income from Shareholders Equity

-

-

-

0.0

13.9

    Cost of Capital Increase

-

-

-

0.0

-0.9

    Purchase of Own Shares

0.0

-1.1

0.0

-

-

    Dividends Paid

0.0

-6.0

-6.1

-3.0

-1.2

    Issue of Loans

2.8

4.6

0.0

3.5

7.6

    Repayment of Loans

-0.4

-4.0

-1.0

-0.8

-1.7

    Interest Paid

-0.1

-0.5

-0.5

-0.4

-0.3

Cash from Financing Activities

2.4

-7.0

-7.6

-0.8

17.4

 

 

 

 

 

 

Foreign Exchange Effects

0.0

0.0

0.0

0.0

0.0

Net Change in Cash

-0.6

0.1

-3.9

-0.5

13.4

 

 

 

 

 

 

Net Cash - Beginning Balance

10.3

10.0

14.1

14.3

2.0

Net Cash - Ending Balance

9.7

10.1

10.1

13.9

15.4

    Cash Interest Paid

0.1

0.5

0.5

0.4

0.3

    Cash Taxes Paid

6.2

3.4

3.5

4.0

1.3

 

 

 

Interim Cash Flows

As Reported

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

31-Dec-2011

30-Sep-2011

30-Jun-2011

31-Mar-2011

31-Dec-2010

Period Length

3 Months

3 Months

12 Months

9 Months

6 Months

UpdateType/Date

Updated Normal 
31-Dec-2011

Updated Normal 
30-Sep-2011

Updated Normal 
30-Jun-2011

Updated Normal 
31-Mar-2011

Updated Normal 
31-Dec-2010

Filed Currency

EUR

EUR

EUR

EUR

EUR

Exchange Rate (Period Average)

0.741961

0.707825

0.7347

0.747764

0.75577

 

 

 

 

 

 

Net Income/ EBT

6.4

3.6

25.5

16.5

11.6

    Depreciation

1.2

1.4

3.9

2.8

1.8

    Increase in Provisions

0.0

0.0

0.1

0.0

0.0

    Interest Result

0.2

0.2

0.6

0.5

0.3

    Interest Received

0.0

0.0

0.1

0.1

0.0

    Other Non-cash Expenses

0.0

0.0

0.0

0.0

0.0

    Loss from Disposal of Assets

0.0

0.0

0.0

0.0

-

    Increase in Trade Receivable and Other

0.3

2.0

-12.6

-6.7

-5.3

    Change in Trade Payable and Other

-1.3

-2.2

3.1

0.9

0.6

    Taxes Paid

-1.1

-6.2

-3.4

-1.6

-1.1

Cash from Operating Activities

5.8

-1.3

17.4

12.4

8.2

 

 

 

 

 

 

    Sale of Fixed Assets

0.0

0.0

0.0

-

-

    Investment in Fixed Assets

-0.8

-1.9

-10.3

-6.7

-4.3

    Investment in Intangibles

-0.3

-0.2

-1.9

-1.4

-0.9

    Cash from Subsidies

0.0

0.4

1.3

0.8

0.3

    Investment in Financial Assets

-

-

0.0

0.0

-

    Sale of Financial Assets

0.0

0.0

0.6

0.6

0.6

Cash from Investing Activities

-1.0

-1.7

-10.3

-6.6

-4.2

 

 

 

 

 

 

    Issue of Loans

-

2.8

4.6

4.5

4.4

    Purchase of Own Shares

0.0

0.0

-1.1

-1.0

-1.0

    Repayment of Loans

-0.4

-0.4

-4.0

-3.6

-3.2

    Interest Paid

-0.1

-0.1

-0.5

-0.4

-0.3

    Dividends Paid

-8.9

0.0

-6.0

-5.9

-5.9

Cash from Financing Activities

-9.4

2.4

-7.0

-6.5

-5.9

 

 

 

 

 

 

Foreign Exchange Effects

0.0

0.0

0.0

0.0

0.0

Net Change in Cash

-4.6

-0.6

0.1

-0.6

-2.0

 

 

 

 

 

 

Net Cash - Beginning Balance

9.4

10.5

10.0

9.8

9.7

Net Cash - Ending Balance

4.8

9.9

10.1

9.2

7.7

    Cash Interest Paid

0.1

0.1

0.5

0.4

0.3

    Cash Taxes Paid

1.1

6.2

3.4

1.6

1.1

 

 

 

Geographic Segments

 

inancials in: As Reported (mil)

Annual  

           

               

 

External Revenue   USD (mil)

 

30-Sep-11

30-Jun-11

30-Jun-10

30-Jun-09

30-Jun-08

Germany

6.7

31.9 %

23.4

23.5 %

20.2

27 %

19.4

31.6 %

19.5

37.7 %

Other - Europe

7.4

35 %

40.6

40.8 %

32.3

43.3 %

27.4

44.7 %

20.7

39.9 %

Other - Rest of the World

7.0

33.1 %

35.6

35.7 %

22.2

29.7 %

14.6

23.7 %

11.6

22.4 %

Segment Total

21.1

100 %

99.6

100 %

74.6

100 %

61.4

100 %

51.8

100 %

Consolidated Total

21.1

100 %

99.6

100 %

74.6

100 %

61.4

100 %

51.8

100 %

Exchange Rate: EUR to USD

0.717768

 

0.734700

 

0.721483

 

0.731067

 

0.681859

 

Total Revenue   USD (mil)

 

30-Sep-11

30-Jun-11

30-Jun-10

30-Jun-09

30-Jun-08

Germany

6.7

31.9 %

23.4

23.5 %

20.2

27 %

19.4

31.6 %

19.5

37.7 %

Other - Europe

7.4

35 %

40.6

40.8 %

32.3

43.3 %

27.4

44.7 %

20.7

39.9 %

Other - Rest of the World

7.0

33.1 %

35.6

35.7 %

22.2

29.7 %

14.6

23.7 %

11.6

22.4 %

Segment Total

21.1

100 %

99.6

100 %

74.6

100 %

61.4

100 %

51.8

100 %

Consolidated Total

21.1

100 %

99.6

100 %

74.6

100 %

61.4

100 %

51.8

100 %

Exchange Rate: EUR to USD

0.717768

 

0.734700

 

0.721483

 

0.731067

 

0.681859

 

 

 

Geographic Segments

 

Financials in: As Reported (mil)

 

          Interim   

           

 

External Revenue   USD (mil)

 

31-Dec-11

30-Sep-11

30-Jun-11

31-Mar-11

31-Dec-10

Germany

7.2

25.7 %

6.8

31.9 %

6.5

20.6 %

5.3

22.9 %

6.8

25.5 %

Other European Countries

9.6

34.2 %

7.5

35 %

12.6

40.1 %

9.7

42.2 %

10.7

40.2 %

Rest of the World

11.3

40.2 %

7.1

33.1 %

12.3

39.3 %

8.0

34.9 %

9.1

34.3 %

Segment Total

28.0

100 %

21.4

100 %

31.3

100 %

22.9

100 %

26.6

100 %

Consolidated Total

28.0

100 %

21.4

100 %

31.3

100 %

22.9

100 %

26.6

100 %

Exchange Rate: EUR to USD

0.741961

 

0.707825

 

0.695476

 

0.731463

 

0.736368

 

Total Revenue   USD (mil)

 

31-Dec-11

30-Sep-11

30-Jun-11

31-Mar-11

31-Dec-10

Germany

7.2

25.7 %

6.8

31.9 %

6.5

20.6 %

5.3

22.9 %

6.8

25.5 %

Other European Countries

9.6

34.2 %

7.5

35 %

12.6

40.1 %

9.7

42.2 %

10.7

40.2 %

Rest of the World

11.3

40.2 %

7.1

33.1 %

12.3

39.3 %

8.0

34.9 %

9.1

34.3 %

Segment Total

28.0

100 %

21.4

100 %

31.3

100 %

22.9

100 %

26.6

100 %

Consolidated Total

28.0

100 %

21.4

100 %

31.3

100 %

22.9

100 %

26.6

100 %

Exchange Rate: EUR to USD

0.741961

 

0.707825

 

0.695476

 

0.731463

 

0.736368

 

 

 

Business Segments

 

Financials in: As Reported (mil)

Annual   

           

          

 

External Revenue   USD (mil)

 

30-Sep-11

30-Jun-11

30-Jun-10

30-Jun-09

30-Jun-08

Fixed Cams

9.8

46.6 %

44.6

44.7 %

37.1

49.7 %

32.9

53.6 %

32.2

62.2 %

Dome Cams

10.2

48.3 %

50.2

50.4 %

33.5

44.9 %

25.1

40.8 %

16.9

32.7 %

Other Revenue

1.1

5.1 %

4.8

4.9 %

4.0

5.4 %

3.4

5.6 %

2.6

5.1 %

Segment Total

21.1

100 %

99.6

100 %

74.6

100 %

61.4

100 %

51.8

100 %

Consolidated Total

21.1

100 %

99.6

100 %

74.6

100 %

61.4

100 %

51.8

100 %

Exchange Rate: EUR to USD

0.717768

 

0.734700

 

0.721483

 

0.731067

 

0.681859

 

Total Revenue   USD (mil)

 

30-Sep-11

30-Jun-11

30-Jun-10

30-Jun-09

30-Jun-08

Fixed Cams

9.8

46.6 %

44.6

44.7 %

37.1

49.7 %

32.9

53.6 %

32.2

62.2 %

Dome Cams

10.2

48.3 %

50.2

50.4 %

33.5

44.9 %

25.1

40.8 %

16.9

32.7 %

Other Revenue

1.1

5.1 %

4.8

4.9 %

4.0

5.4 %

3.4

5.6 %

2.6

5.1 %

Segment Total

21.1

100 %

99.6

100 %

74.6

100 %

61.4

100 %

51.8

100 %

Consolidated Total

21.1

100 %

99.6

100 %

74.6

100 %

61.4

100 %

51.8

100 %

Exchange Rate: EUR to USD

0.717768

 

0.734700

 

0.721483

 

0.731067

 

0.681859

 

 

 

Business Segments

Financials in: As Reported (mil)

 

Interim    

              

 

External Revenue   USD (mil)

 

31-Dec-11

30-Sep-11

30-Jun-11

31-Mar-11

31-Dec-10

Fixed Cameras

12.1

43 %

10.0

46.6 %

13.3

42.5 %

10.2

44.3 %

12.1

45.5 %

Dome Cameras

14.7

52.4 %

10.4

48.3 %

16.4

52.5 %

11.7

51.1 %

13.1

49.4 %

Other

1.3

4.6 %

1.1

5.1 %

1.6

5 %

1.0

4.5 %

1.3

5 %

Segment Total

28.0

100 %

21.4

100 %

31.3

100 %

22.9

100 %

26.6

100 %

Consolidated Total

28.0

100 %

21.4

100 %

31.3

100 %

22.9

100 %

26.6

100 %

Exchange Rate: EUR to USD

0.741961

 

0.707825

 

0.695476

 

0.731463

 

0.736368

 

Total Revenue   USD (mil)

 

31-Dec-11

30-Sep-11

30-Jun-11

31-Mar-11

31-Dec-10

Fixed Cameras

12.1

43 %

10.0

46.6 %

13.3

42.5 %

10.2

44.3 %

12.1

45.5 %

Dome Cameras

14.7

52.4 %

10.4

48.3 %

16.4

52.5 %

11.7

51.1 %

13.1

49.4 %

Other

1.3

4.6 %

1.1

5.1 %

1.6

5 %

1.0

4.5 %

1.3

5 %

Segment Total

28.0

100 %

21.4

100 %

31.3

100 %

22.9

100 %

26.6

100 %

Consolidated Total

28.0

100 %

21.4

100 %

31.3

100 %

22.9

100 %

26.6

100 %

Exchange Rate: EUR to USD

0.741961

 

0.707825

 

0.695476

 

0.731463

 

0.736368

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.56.42

UK Pound

1

Rs.88.45

Euro

1

Rs.71.52

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.