Language GB
Tempest SA Historical data
Template
Income Statement
in K€ N-2 N-1 N
Goods sold 0 0 0
Production sold 40,307 63,157 78,388
Revenues 40,307 63,157 78,388
Production stored 2,381 1,592 3,154
Production capitalized 0 0 0
Other products 0 0 0
Total 42,688 64,749 81,542
Purchases of goods 0 0 0
Change in inventories (goods) 0 0 0
Raw mat and other purchases 15,287 31,240 41,564
Change in inventories (aw mat & other) -822 -1,228 -1,896
Gross margin 28,223 34,737 41,874
External charges 2,161 4,651 6,061
Taxes 922 1,021 1,052
Payroll 20,214 25,267 30,321
EBITDA 4,926 3,798 4,440
Depreciations & provisions 1,232 2,229 2,869
Total 38,994 63,180 79,971
Ebit 3,694 1,569 1,571
Financial products 5 0 0
Cost of debt 477 1,004 1,487
Financial result -472 -1,004 -1,487
PBT 3,222 565 83
Exceptional revenues 81 1,451 24
Exceptional expenses 42 65 89
Employees benefit 0 0 0
Income tax 1,207 663 6
Net profit/loss 2,055 1,288 12
Balance Sheet
in K€ N-2 N-1 N
Intangibles 328 601 573
Tangibles 5,002 17,876 16,468
Financials 0 0 0
Total net fixed assets 5,330 18,477 17,041
Inventories 5,194 8,052 11,603
Receivables 8,561 9,315 12,127
Other receivables 130 171 177
Cash & cash equivalent 74 11 1
Total current assets 13,959 17,549 23,908
Total assets 19,289 36,026 40,949
Paid in Capital 1,755 6,755 6,755
Reserves 2,730 4,415 5,368
Net result 2,055 1,288 12
Total shareholder equity 6,540 12,458 12,135
Provisions 181 234 254
Financial debt 5,517 8,617 9,264
Payables 3,156 9,163 12,657
fiscal and social debt 2,744 4,012 4,985
Miscellaneous 1,151 1,542 1,654
Total liabilities 12,568 23,334 28,560
Total liabilities & SE 19,289 36,026 40,949
verif 19,289 36,026 40,949
o/w dividends 370 335
Economic Balance Sheet N-2 N-1 N
Net fixed assets 5,330 18,477 17,041
Operating WCR o/w 11,321 13,633 16,457
Current op assets 13,885 17,538 23,907
current op liabilities 7,051 14,717 19,296
Restatements (see appendices) 4,487 10,812 11,846
discounted bills 4,258 9,493 10,556
non operating receivables 53 35 10
non operating liabilities 282 1,354 1,300
CE 16,651 32,110 33,498
Total shareholder equity (ex div) 6,540 12,088 11,800
Net Fin debt 9,701 18,099 19,819
Provisions and Non op WCR 410 1,923 1,879 to be reported here
CE 16,651 32,110 33,498
Provisions & Non op WCR 410 1,923 1,879 to be reported in economic BS
Provisions for Risk and liabilities 181 234 254
Other non op receivables -53 -35 -10
Debt related to fixed assets 282 1,354 1,300
Dividends to be paid 0 370 335
Other non op liabilities
KPIs & ratios
N-2 N-1 N
Margin analysis
revenue growth na +51.7% +25.9%
change in Ebit na -57.5% +0.1%
Ebit margin 9.2% 2.5% 2.0% EBIT/sales
Return analysis
RoCE before tax 22.2% 4.9% 4.7% EBIT/CE
RoCE after tax 14.0% 3.2% 3.1% EBITx(1-Tax)/CE
Capital intensity or productivity 2.4x 2.0x 2.3x Sales/CE
ROE 31.4% 10.7% 0.1% NI/Equity (after dividends)
Operating risk
Total operating costs 37762 60951 78998
o/w Variable costs 20,410 38,619 50,659
100% cost of supplies 15,287 31,240 41,564
50% external charges 1,081 2,326 3,031
20% staff costs 4,043 5,053 6,064
o/w Fixed costs 17352 22332 28339
Fixed/total costs 46.0% 36.6% 35.9%
Revenues 42,688 64,749 81,542
Variable costs -20,410 -38,619 -50,659
Margin on Variable costs 22,278 26,130 30,883
margin on VC as % of rev 52% 40% 38% MVC/sales
Breakeven point 33248.92 55337.76 74825.01 Fixed Costs /Margin rate on VC
Operating leverage (DOL : degree of ope6.03077964 16.6557668 19.66257583 Margin on VC / EBIT
Financial risk
NFD/E 148.3% 149.7% 168.0%
EBIT/cost of debt 7.8x 1.6x 1.1x should be >3
NFD/Ebitda 2.0x 4.8x 4.5x Should be <3.5
Liquidity & WCR Management
inventories/sales x 365 47.0x 46.5x 54.0x DIO (days inventories outstanding)
A/R restated / (sales+VAT) x 365 71.7x 51.7x 53.6x DSO (days sales outstanding)
A/P / ((cost of supplies + External charg 66.0x 93.2x 97.0x DPO (days payables outstanding)
(A/R+Cash)/Current liabilities 122.5% 63.4% 62.9% Quick ratio
Appendices
N-2 N-1 N
Miscellaneous information
Undue discounted bills 4,258 9,493 10,556
Gross receivables 9,129 9,637 12,133
Other receivables (details)
from current operations 77 136 167
not from current operations 53 35 10
Payables
from current operations 2,874 7,809 11,357
Related to fixed assets 282 1,354 1,300
Other current liabilities (details)
from current operations 1,151 1,542 1,654
not from current operations
Fiscal and social debt (details)
social security 2,744 4,012 4,985
income tax 0 0 0
Capital increase 0 5,000 0
capital expenditure 750 15,520 464
Tangibles 750 15,210 464
intangibles 310
disposals 0 0 0
average headcount - number of employ 780 1,050 1,300
dividend to be paid next year 370 335 0
P/O payout ratio 18% 26% 0%
tax rate 37% 34% 34%
Cost of debt (avge) 6.5% 7.2% 7.9%
VAT rate 20% 20% 20%
Debt term 5,517 8,617 9,264
Less than 1Y 385 187 4,057
More than 1Y 5,132 8,430 5,207
New loans 5,000 4,000
Loans repaid 1,000 1,900 3,353
ed in economic BS
fter dividends)
/Margin rate on VC
ventories outstanding)
ales outstanding)
ayables outstanding)
