Annual Report 2012 - Tivoli

❖ Financial Highlights ❖DKK million2012(12 mdr.)2011(12 mdr.)2010(12 months)2009(12 months)2008(12 monthsunaudited)2008(9 mdr.)Five Years' Key FiguresRevenue incl tenants and lessees 1,034.2 1,001.3 973.1 948.2 1,008.2 951.8Revenue 708.3 673.9 622.2 622.4 602.2 569.3Net revenue 663.2 645.2 580.5 574.8 552.4 531.0Expenses before depreciation.amortisation and impairment 582.3 564.9 538.5 528.5 507.4 434.6Earnings before interest, tax, depreciationand amortisation 126.0 109.0 83.7 93.9 94.8 134.7Depreciation. amortisation and impairment 78.8 68.2 66.2 61.9 57.2 44.4Earnings before interest and tax (EBIT) 47.2 40.8 17.5 32.0 37.2 90.3Net financials -5.5 -7.3 -8.3 -11.0 -15.5 -12.9Profit before tax 41.7 33.5 9.2 21.0 21.7 77.4Profit for the year 31.4 24.5 6.0 15.7 15.6 56.5Comprehensive income for the year 29.4 17.5 4.3 15.9 8.9 49.8Non-current assets 874.3 864.2 864.8 872.4 825.9 825.9Current assets 112.0 92.6 77.3 68.172.2 72.2 72.2Total assets 986.3 956.8 942.1 940.5 898.1 898.1Share capital 57.2 57.2 57.2 57.2 57.2 57.2Equity 627.7 604.4 588.4 588.0 580.5 580.5Non-current liabilities 101.9 99.9 100.4 109.2 110.6 110.6Current liabilities 256.7 252.5 253.3 243.3 207.0 207.0Invested capital 807.2 768.7 798.3 795.7 757.9 757.9Investment in property, plant and equipment 84.9 67.2 67.1 63.8 - 68.3Cash flows from operating activities 95.8 117.0 58.0 72.7 96.5 153.8Cash flows from investing activities -88.9 -67.2 -58.3 -62.7 -126.5 -73.8Hereof invested in property.plant and equipment -84.5 -67.2 -58.3 -63.8 -123.1 -68.3Cash flows from financing activities -4.9 -47.0 2.4 -19.5 45.3 -60.7Total cash flows 2.0 2.8 2.1 -9.5 15.3 19.3Five Years' RatiosEBIT margin 7% 6% 3% 6% 7% 17%Solvency ratio 64% 63% 62% 63% 65% 65%Return on equity (ROE) 5.0% 4.1% 1.0% 2.7% 2.7% 10.1%Earnings in DKK, per share of DKK 100 (EPS) 54.9 42.9 10.5 27.5 27.3 98.8Dividend in DKK, per share of DKK 100 13.70 10.67 2.62 6.87 - 14.76Share price in DKK, end of year 2,929 2,980 3,251 3,239 3,000 3,000Number of employees 711 685 683 782 717 8185