Financial notes 2013
26. BUSINESS COMBINATIONS AND DISCONTINUED OPERATIONS Statement of income for discontinued operations Year ended 31 December
Revenues Cost of sales
2013
2012
823
15,800
(1,163)
(8,037)
(86)
(1,556)
Selling, general and administrative expenses Other income (expenses), net
212
2,367
Earnings before interest, tax, depreciation and amortization (EBITDA)
(214)
8,574
Earnings before interest and taxes (EBIT)
(214)
8,574
Interest expense
–
Profit/(loss) before income tax
(214)
Income tax
3,259
Profit/(loss) from discontinued operations
3,045
Gain/(loss) on sale of OBN business Profit/(loss) for the period
–
(191) 8,383 (765) 7,618 (950)
3,045
6,668
3,045
6,668
– basic
0.07
0.20
– diluted
0.07
0.20
2013
2012
Net cash from operating activities
–
18,000
Net cash from investing activities
–
–
Net cash from financing activities
–
Net cash inflow/(outflow)
–
–
PROFIT/(LOSS) ATTRIBUTABLE TO Shareholders of the parent EARNINGS PER SHARE DISCONTINUED OPERATIONS
Statement of discontinued cash flow
(18,000)
Net assets disposed: 2013
2012
Adjustment related to buyback transaction
–
950
Gain/(loss) on sale
–
(950)
27. COMMITMENTS AND CONTINGENCIES Except as disclosed in note 14, the company has no commitments or contingencies as of 31 December 2013 (no commitments or contingencies in 2012).
54
Annual Report 2013