Information by business activities
For the year ended 31 December 2013
| (all amounts in Euro thousands) |
Cement |
Ready mix, aggregates and blocks |
Other |
Total |
| Turnover |
863.681 |
307.234 |
5.022 |
1.175.937 |
The cement activity includes cement and cementitious materials.
Other operations of the Group mainly consist of administrative expenses not directly attributable to the Group's main activities. They also include shipping and transportation activities which are not material enough to be reported separately.
Note that the Company sold cement and aggregates, representing in 2013 7.16% (2012: 8.37% ) of the Company's turnover, to its subsidiary Interbeton S.A..
Information by operating segment
For the year ended 31 December 2012
| (all amounts in Euro thousands) |
Greece and Western Europe |
North America |
South Eastern Europe |
Eastern Mediterranean |
Adjustments and eliminations |
Total |
| Gross revenue |
263.925 |
369.878 |
225.131 |
295.954 |
- |
1.154.888 |
| Inter-segment revenue |
-23.771 |
-426 |
-31 |
- |
- |
-24.228 |
| Revenue from external customers |
240.154 |
369.452 |
225.100 |
295.954 |
- |
1.130.660 |
| Profit before interest, taxes, depreciation, amortization and impairment |
32.649 |
5.833 |
64.235 |
93.766 |
-645 |
195.838 |
| Depreciation & amortization |
-19.526 |
-58.679 |
-21.433 |
-25.248 |
203 |
-124.683 |
| Impairment of tangible and intangible assets related to cost of sales |
-5.287 |
- |
-616 |
-144 |
- |
-6.047 |
| Profit/(loss) before interest and taxes |
7.836 |
-52.846 |
42.186 |
68.374 |
-442 |
65.108 |
| Finance costs - net |
-41.730 |
-18.159 |
6.228 |
-11.908 |
- |
-65.569 |
| Share of losses of the associates |
-284 |
- |
-557 |
- |
- |
-841 |
| (Loss)/profit before taxes |
-34.178 |
-71.005 |
47.857 |
56.466 |
-442 |
-1.302 |
| Less: Income tax expense |
3.426 |
1.846 |
-7.582 |
-15.216 |
- |
-17.526 |
| (Loss)/profit after taxes |
-30.752 |
-69.159 |
40.275 |
41.250 |
-442 |
-18.828 |
| Attributable to: |
|
|
|
|
|
|
| Equity holders of the parent |
-30.745 |
-69.159 |
40.805 |
35.025 |
-442 |
-24.516 |
| Non-controlling interests |
-7 |
- |
-530 |
6.225 |
- |
5.688 |
|
-30.752 |
-69.159 |
40.275 |
41.250 |
-442 |
-18.828 |
|
Greece and Western Europe |
North America |
South Eastern Europe |
Eastern Mediterranean |
Adjustments and eliminations |
Total |
| ASSETS |
|
|
|
|
|
|
| Non-current assets |
2.378.092 |
744.838 |
460.360 |
832.801 |
-2.101.329 |
2.314.762 |
| Current assets |
314.733 |
131.992 |
414.442 |
375.046 |
-518.933 |
717.280 |
| Total Assets |
2.692.825 |
876.830 |
874.802 |
1.207.847 |
-2.620.262 |
3.032.042 |
| LIABILITIES |
|
|
|
|
|
|
| Non-current liabilities |
1.299.218 |
285.516 |
163.092 |
202.997 |
-975.169 |
975.654 |
| Current liabilities |
610.880 |
160.898 |
44.892 |
98.717 |
-518.940 |
396.447 |
| Total Liabilities |
1.910.098 |
446.414 |
207.984 |
301.714 |
-1.494.109 |
1.372.101 |
|
Greece and Western Europe |
North America |
South Eastern Europe |
Eastern Mediterranean |
Total |
| Capital expenditures (note 11,12,13) |
8.980 |
7.376 |
13.884 |
20.729 |
50.969 |
| (Reversal of impairment)/impairment of property, plant and equipment (note 11) |
-1.041 |
- |
128 |
- |
-913 |
| Impairment of intangible assets-excluding goodwill (note 13) |
4.501 |
- |
486 |
- |
4.987 |
| Impairment of Goodwill (note 13) |
1.829 |
- |
- |
144 |
1.973 |
| (Reversal of allowance)/allowance for doubtful debtors (note 20) |
-2.669 |
1.353 |
1.208 |
195 |
87 |
| Investment in associates (note 15) |
- |
- |
2.734 |
- |
2.734 |
Capital expenditures consist of additions of property, plant and equipment, intangible assets and investment properties as well as assets from acquisition of subsidiaries.
Impairment charges are included in the income statement.
Information by business activities
For the year ended 31 December 2012
|
Cement |
Ready mix, aggregates and blocks |
Other |
Total |
| Turnover |
828.906 |
294.808 |
6.946 |
1.130.660 |