Annual Report 2013

Financial summary

 

%

2013

2012

 

Change

€’000

’000

 

 

 

 

Turnover

11.0%

426,120

383,826

Earnings before interest, tax, depreciation and amortisation (EBITDA) before exceptional items

34.6%

82,305

61,146

EBITDA

0.2%

61,244

61,146

Operating profit/(loss)

741.8%

23,508

(3,663)

Profit/(loss) before tax

198.4%

12,532

(12,742)

Net profit/(loss) after tax

157.8%

9,232

(15,975)

Shareholders’ funds

-4.2%

173,672

181,321

Net debt

-74.5%

(17,035)

(66,714)

 

 

 

 

Ratios

 

2013

2012

EBITDA/turnover

 

14.4%

15.9%

Gross return on net capital employed

 

17.6%

-1.2%

Net debt/equity

 

9.8%

36.8%

EBIDTA/interest cover (times)

 

6.2

5.8

Current ratio (times)

 

1.4

1.9

 

 

 

 

 

 

2013

2012

Payroll costs €’000 (gross of employer’s pension costs)

 

101,747

109,103

Payroll costs €’000 (net of employer’s pension costs)

 

97,018

105,747

Numbers employed at peak

 

2,386

2,468

Average employment numbers

 

2,044

2,141


Turnover by Business

 

2013

2012

 

’million

’million

 

 

 

Powergen

76.1

71.3

Feedstock

75.3

62.9

Retail

189.3

171.6

Resource Recovery

71.6

65.5

Anua Environmental and other

13.8

12.5