2007 - April

3.0
Information on the company’s activities
The Group also has a number of transversal economic
interest groups:
- GIE APRIL Technologies is an IT service provider specializing
in dedicated IT systems for insurance;
- GIE La Maison Commune;
- GIE APRIL Courtage;
- GIE MicroReso;
- GIE APRIL Services;
- GIE Axeria Courtage;
APRIL GROUP is an insurance solutions architect, designing
products with risk to be covered by third-party insurers.
These policies will be distributed to the end client (individual
or group) by independent distribution channels.
As an architect of insurance services, APRIL GROUP designs
and implements solutions for its partner distributors
combining clear insurance offerings, rapid management
and high-quality relations with policyholder clients, enabling
distributors to stand out from the competition and build
client loyalty.
This is where APRIL GROUP’s model continues to be original
on the insurance market, without any comparable rivals.
Group companies are subject to changes in social and tax
regulations in the sector for insurance and savings products.
3.1.3 Consolidated financial highlights
In thousand euros
2004
2004
2005
2006
2007
CRC
IFRS
IFRS
IFRS
IFRS
Revenues 339,030 335,175 445,214 520,400 604,183
EBIT 51,863 60,507 83,559 96,913 104,441
% of revenues 15.30% 18.05% 18.77% 18.62% 17.29%
Pre-tax income before exceptional items 60,646 58,458* 80,553* 96,717* 104,505*
% of revenues 17.89% 17.44% 18.09% 18.59% 17.30%
Consolidated net income (group share) before amortization of goodwill 37,543 N/A N/A N/A N/A
% of revenues 11.07%
Consolidated net income (group share) after amortization of goodwill 34,166 35,726 53,836 65,074 72,111
% of revenues 10.08% 10.66% 12.09% 12.50% 11.94%
Cash-flow 60,026 60,108 67,630 86,518 114,171
% of revenues 17.71% 17.93% 15.19% 16.63% 18.90%
Shareholders’ equity (group share) 136,663 142,210 195,743 242,073 294,392
NET CASH ASSETS 125,680 125,488 139,773 161,225 167,392
* Of which, change in goodwill on acquisitions: -1,646 thousand euros in 2004, -2,641 thousand euros in 2005, -52 thousand euros in 2006 and 26 thousand euros in 2007.
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