AMPER, SA and Subsidiaries Consolidated Financial Statements for ...
AMPER, SA and Subsidiaries Consolidated Financial Statements for ... AMPER, SA and Subsidiaries Consolidated Financial Statements for ...
paradigm of the Semantic Web which enables it to improve crisis management in complex scenarios in which a large number of very diverse organizations participate, all of this under strict security measures and authentication. • SINTONIA. The SINTONIA project (Unmanned Systems with Zero Environmental Impact) includes the participation of 23 companies and 25 Research Bodies in the field of Aeronautics (UAS). Amper leads and coordinates the work packages of Communications and Navigation. In 2011, Amper received, along with 12 other entities, the award of the “HIT-GATE Project: Heterogeneous Interoperable Transportable GATEway for First- Responders” within the Seventh Framework Programme (FP7) funded with European funds. The project will start during 2012 and it is scheduled to last for 3 years. ENVIRONMENTAL ISSUES The Company does not have any liabilities, expenses, assets, provisions or contingencies of an environmental nature that may be significant in relation to the assets, financial position and the results thereof. For this reason, specific disclosures are not included in this Management Report regarding information on environmental issues. DERIVATIVES AND HEDGING TRANSACTIONS The swap transaction on the interest rates is maintained to manage its exposure to the fluctuations thereof in the syndicated loan, which is owned by Amper, S.A. FUTURE OUTLOOK The current situation of global economic and financial turmoil has a significant impact on ongoing programmes and in future decisions in both the private sector as well as in the public administration, and this constitutes an international stage of uncertainty. However, the strategy of technological and geographical diversification followed by Amper allows the Company to offset expected lower growth segments with others whose estimate is more favourable, such as in the case of Latin America or Asia. On the other hand, and regardless of the market conditions, Amper has continued with its internal transformation programme for the optimisation of its resources and talents, which has had and will continue to possess direct reflections in its size, and in the improvement of its efficiency. This allows us to think that, in 2012, Amper could reach an increase greater than 10% in the turnover and an increase greater than 20% in EBITDA, considering a Euro / USD exchange rate of 1.3. AMPER IN THE STOCK MARKET The share capital of Amper, S.A. amounts to 32,403,256 Euros and is represented by 32,403,256 nominal shares with a nominal value of one Euro each. The shares had the following stock market performance during 2011:
• The last listed price was 1.66 Euros, with a maximum of 4.37 Euros in April and a minimum of 1.19 Euros in November. • The share had a trading frequency of 100%, trading in the 257 sessions of the financial year. • 12,072 thousands of shares were traded, the equivalent to 37% of the capital. • The effective trading amounted to 36.049 Million Euros, with a daily average of 140 thousand Euros. Amper, S.A. forms part of the "Communications and Information Services" Sector and the "Electronics and Software" Subsector. The shares of Amper have been included in the Ibex Small Cap since 1 July 2005. Stock Market Evolution Effective Trading Listed Prices (Euros) Trading Thousand s of (Thousand Euros) Shares Days Maximum Minimum January 2,147 734 21 3.08 2.76 February 8,616 2,488 20 3.95 2.90 March 3,694 1,025 23 3.95 3.21 April 5,929 1,438 19 4.37 3.79 May 4,592 1,156 22 4.21 3.72 June 1,837 513 22 4.10 3.20 July 1,408 430 21 3.68 3.00 August 671 232 23 3.23 2.57 September 928 377 22 2.95 2.15 October 1,983 947 21 2.23 1.96 November 2,249 1,502 22 2.15 1.19 December 1,995 1,229 21 1.91 1.25 2011 36,049 12,071 257 4.37 1.19
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• The last listed price was 1.66 Euros, with a maximum of 4.37 Euros in April <strong>and</strong><br />
a minimum of 1.19 Euros in November.<br />
• The share had a trading frequency of 100%, trading in the 257 sessions of the<br />
financial year.<br />
• 12,072 thous<strong>and</strong>s of shares were traded, the equivalent to 37% of the capital.<br />
• The effective trading amounted to 36.049 Million Euros, with a daily average of<br />
140 thous<strong>and</strong> Euros.<br />
Amper, S.A. <strong>for</strong>ms part of the "Communications <strong>and</strong> In<strong>for</strong>mation Services" Sector <strong>and</strong><br />
the "Electronics <strong>and</strong> Software" Subsector.<br />
The shares of Amper have been included in the Ibex Small Cap since 1 July 2005.<br />
Stock Market Evolution<br />
Effective Trading Listed Prices (Euros)<br />
Trading Thous<strong>and</strong><br />
s of<br />
(Thous<strong>and</strong><br />
Euros)<br />
Shares Days Maximum Minimum<br />
January 2,147 734 21 3.08 2.76<br />
February 8,616 2,488 20 3.95 2.90<br />
March 3,694 1,025 23 3.95 3.21<br />
April 5,929 1,438 19 4.37 3.79<br />
May 4,592 1,156 22 4.21 3.72<br />
June 1,837 513 22 4.10 3.20<br />
July 1,408 430 21 3.68 3.00<br />
August 671 232 23 3.23 2.57<br />
September 928 377 22 2.95 2.15<br />
October 1,983 947 21 2.23 1.96<br />
November 2,249 1,502 22 2.15 1.19<br />
December 1,995 1,229 21 1.91 1.25<br />
2011 36,049 12,071 257 4.37 1.19
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