ALTAREA - Financial Information

>> Profit and Loss Accounts⁺

	31/12/2004	31/12/2003	31/12/2002
Income from sale of property	54 828	10 989	50 562
Income from sale of services	57 475	49 888	40 377
Net turnover	112 303	60 877	90 939
Capitalised or stored production	25 799	24 147	11 159
Operating grant	26	27	96
Write-backs of provisions and transfers of charges	5 494	5 890	3 283
Other income	1 268	96	202
TOTAL OPERATING INCOME	144 890	91 037	105 679
Purchase of goods	4 717	4 796	5 274
Variation of stocks of goods	-	-	2 473
Purchase of raw materials	8 650	9 527	10 649
Other purchases and external charges	77 960	38 439	54 429
Taxes and similar payments	3 895	2 836	1 891
Salaries	10 221	8 581	8 868
Social security charges	4 353	3 719	3 754
Allocations to depreciation	16 066	14 214	8 305
Allocations to provisions	986	444	502
Other costs	2 966	1 879	428

TOTAL OPERATING COSTS	129 814	84 435	96 573
OPERATING PROFIT	15 076	6 602	9 106
Attributable profit or loss transferred	(16)	33	-
Loss incurred or profit transferred	-	-	(38)
Financial income	2 324	4 904	2 410
Financial charges	(9 969)	(7 879)	(5 755)
NET FINANCIAL INCOME	(7 645)	(2 975)	(3 345)
PRE-TAX PROFIT BEFORE EXCEPTIONAL ITEMS	7 415	3 660	5 723
EXCEPTIONAL ITEMS	422	1 779	(503)
Corporation tax	(760)	(118)	(17)
Deferred corporation tax	(1 504)	(1 947)	(1 905)
Profit sharing	(40)	(293)	(282)
Goodwill amortisation	(65)	(19)	(294)
NET PROFIT OF THE CONSOLIDATED COMPANY	5 468	3 062	2 722
Net profit of companies treated as associates	(296)	(387)	-
Minority interests in profit	(991)	(189)	227
GROUP SHARE OF NET PROFIT	4 181	2 486	2 949
Diluted group share of net profit (in €)	0,81	0,37	0,47