2007-08-20 14:15:00 CEST
2007-08-20 14:15:00 CEST
REGULATED INFORMATION
Evia Oyj - Quarterly report
Evia Plc Interim Report 1 January - 30 June 2007
Evia Plc Stock exchange release 20 August 2007 at 15.15 p.m.
Evia Plc Interim Report 1 January - 30 June 2007
April-June 2007
- Net sales decreased to EUR 2.25 million (in comparison to Q2 2006 EUR 3.08
million, -26.7%).
- Gross income decreased to EUR 1.58 million (EUR 2.21 million, -28.4%).
- Expenses decreased by EUR 0.45 million to EUR 1.94 million (EUR 2.39 million,
-18.8%).
- Operating loss was EUR -0.33 million (EUR -0.15 million, -120.3%).
- Profit before taxes was EUR -0.36 million (EUR -0.18 million, -100.6%).
- Cash flow from operations was EUR -0.04 million (EUR 0.13 million, -127.8%).
- Gross income per capita was EUR 20,302 (EUR 22,794, -10.9%).
Last 12 months
- Net sales amounted to EUR 9.09 million.
- Gross income was EUR 6.47 million.
- Expenses decreased by EUR 0.56 million to EUR 7.91 million.
- Operating profit was EUR -1.44 million.
- Profit before taxes was EUR -1.56 million.
- Cash flow from business operations was EUR -0.41 million.
- Gross income per capita was EUR 75,661.
Evia Plc's net sales and gross income decreased during the second quarter of
2007. Work aiming at replacing the loss of some key client relationships
progressed according to plan, although growth in gross income will be evident
only in the next financial periods to come.
In addition to the anticipated savings in rental expenses in Q2 the Group
streamlined costs related to purchasing services and adjusted the number of
personnel to the volume of current assignments. The effect of non-recurring
rental and other adjustment costs on the overall result in Q1 and Q2 is
estimated to have totalled about EUR -0.5 million. Owing to savings measures
already completed it is estimated that fixed costs (excluding personnel costs)
will permanently decrease by about EUR 0.5 million when compared to the cost
level anticipated in 2007.
KEY FIGURES
--------------------------------------------------------------------------------
| | 4-6 | 4-6 |Change| 1-6 | 1-6 | Change | Last | 1-12 |
| | 2007 | 2006 | %| 2007 | 2006 | % | 12 | 2006 |
| | | | | | | | months | |
| | | | | | | | | |
--------------------------------------------------------------------------------
| Net sales, | 2,254| 3,076| -26.7| 5,201 | 6,776 | -23.2 | 9,091 | 10,656 |
| EUR 1,000 | | | | | | | | |
--------------------------------------------------------------------------------
| Gross | 1,583| 2,211| -28.4| 3,654 | 4,673 | -21.8 | 6,469 | 7,488 |
| income, EUR | | | | | | | | |
| 1,000 | | | | | | | | |
--------------------------------------------------------------------------------
| Operating | -326 | -148 | (..) | -319 | 139 | (..) | -1 438 | -980 |
| profit, EUR | | | | | | | | |
| 1,000 | | | | | | | | |
--------------------------------------------------------------------------------
| Profit | -357 | -178 | (..) | -368 | 90 | (..) | -1,556 | -1,098 |
| before | | | | | | | | |
| taxes, | | | | | | | | |
| EUR 1,000 | | | | | | | | |
--------------------------------------------------------------------------------
| Cash flow | -37 | 133 | (..) | 26 | 595 | -95.6 | -276 | 293 |
| from | | | | | | | | |
| business | | | | | | | | |
| operations, | | | | | | | | |
| EUR 1,000 | | | | | | | | |
--------------------------------------------------------------------------------
| Cash | 64 | 363 | -82.4| 64 | 363 | -82.4 | 64 | 73 |
| reserves, | | | | | | | | |
| EUR 1,000 | | | | | | | | |
--------------------------------------------------------------------------------
| Equity to | 43.3 | 63.5 | -31.7| 43.3 | 63.5 | -31.7 | 43.3 | 51.0 |
| assets | | | | | | | | |
| ratio, % | | | | | | | | |
--------------------------------------------------------------------------------
| Return on | -97.7| -22.9| (..) | -50.4 | 6.1 | (..) | -106.4 | -46.1 |
| equity, | | | | | | | | |
| % | | | | | | | | |
--------------------------------------------------------------------------------
| Return on | -72.4| -16.0| (..) | -34.3 | 7.8 | (..) | -58.6 | -31.5 |
| investment, | | | | | | | | |
| % (12 | | | | | | | | |
| months) | | | | | | | | |
--------------------------------------------------------------------------------
| Earnings/sha | -0.10| -0.05| (..) | -0.11 | 0.03 | (..) | -0.45 | -0.32 |
| re (EPS), | | | | | | | | |
| EUR | | | | | | | | |
--------------------------------------------------------------------------------
| Equity/share | 0.42 | 0.87 | -51.5| 0.42 | 0.87 | -51.5 | 0.42 | 0.53 |
| , EUR | | | | | | | | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
(..) = Change in excess of 100%
The comparative data for the entire 2006 reporting period conforms with Evia's
official financial statements for the 2006 reporting period. Other figures are
unaudited. This interim report has been prepared in accordance with the
recognition and measurement principles of IFRS.
Comments by Evia Plc's Managing Director Jari Torvelainen:
“The adjustment of the number of personnel to the outlook of financial periods
to come and to the profitability targets has been completed during Q2.
Our fixed costs and number of personnel now correspond better to the level of
our current operations, but the strict monitoring of costs will continue in
2008.
Our operations are already on a more healthy foundation and we have good
opportunities to develop our company, operations and services to respond even
better to market needs.
Our goal is to receive on an annual level a result of 10-15 percent of gross
income.
Thanks to the streamlined cost structure and estimated increase in gross income
we expect the result for the entire 2007 financial year to be modestly
positive.”
PROFIT DEVELOPMENT, APRIL-JUNE 2007
Evia Plc offers customers solutions and services that creatively and
effectively combine marketing elements in order to increase customer value. In
addition, Evia Plc provides financial and administrative services for Group
companies.
Evia Plc's subsidiary Frame Graphics Oy provides post-production and animation
services for use in the making of commercials and television programs.
Evia Plc
Evia Plc's net sales in Q2 2007 decreased by -26.7% compared to the
corresponding period in 2006 and amounted to EUR 2.25 million (EUR 3.08
million).
Gross income in Q2 decreased by -28.4% to EUR 1.58 million (EUR 2.21 million).
The operating loss was EUR -0.33 million (EUR -0.15 million). Evia Plc's
expenses amounted to EUR 1.94 million (EUR 2.39 million), an improvement of
18.8% over the corresponding period in 2006. The profit before taxes was EUR
-0.36 million (EUR -0.18 million).
The company's share of Group net sales during the reporting period was 93.9%,
gross income 86.7% and personnel 85.9%.
The Chairman of the Board of Evia Plc is Matti Makkonen and the Managing
Director Jari Torvelainen.
Frame Graphics Oy
Frame Graphics Oy had net sales in Q2 2007 of EUR 0.25 million (EUR 0.34
million, -26.1%) and gross income of EUR 0.21 million (EUR 0.27 million,
-23.1%). The company's operating loss for the reporting period was EUR -0.05
million (operating profit EUR 0.02 million, -318.2%).
Frame Graphics Oy's expenses in Q2 amounted to EUR 0.26 million (EUR 0.25
million). Frame Graphics Oy employed an average of 11 (10) personnel in Q2 2007.
The company's share of Group net sales was 11.2%, gross income 13.3% and
personnel 14.1%.
The Managing Director of Frame Graphics Oy was Juha Poraharju until 2 July 2007.
Sari Knuutinen was appointed acting managing director from 2 July 2007.
PROFIT DEVELOPMENT, JANUARY-JUNE 2007
Evia Plc's net sales for the period January-June 2007 amounted to EUR 5.20
million (EUR 6.78 million, -23.2%). Gross income was EUR 3.65 million (EUR 4.67
million, -21.8%). Expenses in January-June decreased to EUR 3.97 million (EUR
4.53 million, -12.4%). The Group's profit for the period January-June 2007 was
EUR -0.32 million (EUR -0.14 million, -329.5%).
Frame Graphics Oy net sales for the period January-June 2007 amounted to EUR
0.51 million (EUR 0.62 million, -18.1%) and gross income to EUR 0.44 million
(EUR 0.47 million, -8.0%). The company's expenses for the reporting period
amounted to EUR 0.51 million (EUR 0.46 million, 10.9%). The company's profit was
EUR -0.07 million (EUR -0.02 million, -263.2%).
BALANCE SHEET AND FINANCIAL POSITION
The consolidated balance sheet total at the end of the reporting period was EUR
3.37 million (EUR 4.77 million). This decrease was primarily attributable to the
reduction in share capital and the decrease in net sales. The change in
subcontracting inventories for April-June was EUR -0.04 million and the change
in working inventories was EUR -0.09 million. The change in inventories totaled
EUR -0.13 million (EUR -0.05 million). The value of inventories on 30 June 2007
was: working inventory EUR 0.26 million (EUR 0.49 million), subcontracting
inventory EUR 0.03 million (EUR 0.09 million), total EUR 0.29 million (EUR 0.58
million).
The financial position in January-June 2007 weakened compared to the
corresponding period in 2006. The development of the financial position was
primarily attributable to a change in cash flow from operations.
Cash reserves at the end of the reporting period amounted to EUR 0.06 million
(EUR 0.36 million). The cash flow from operations during Q2 was EUR -0.04
million (EUR 0.13 million), and the total cash flow was EUR -0.06 million (EUR
-0.31 million).
The Group's cash flow from operations in January-June 2007 was EUR 0.03 million
(EUR 0.73 million), and the total cash flow was EUR -0.01 million (EUR -0.21
million).
The Group's equity to total assets ratio at the end of the reporting period was
43.3% (63.5%) and the gearing ratio 124% (2.1%). The amount of interest-bearing
liabilities decreased from the corresponding period in 2006 and was EUR 0.16
million (EUR 0.30 million) at the end of the reporting period. The return on
investment (ROI) in Q2 was -72.4% (-16.0%) and return on equity (ROE) -97.7%
(-22.9%).
PERSONNEL
Evia Plc Group employed 71 (97) personnel at the end of June.
The average number of personnel in April-June was 78 (97) and in January-June 82
(95). Personnel costs accounted for 62.8% (61.8%) of the Group's operating costs
in Q2 2007.
OPERATING RISKS
Operative risk management is the responsibility of the Managing Director, who
reports to the Board of Directors. Risks have been defined in the following
areas: clients and client relationships, markets and competition, personnel and
expertise, information security and liquidity risks, interest rate risks and
credit risks related to common financing risks.
SHARES AND SHAREHOLDERS
Evia Plc's share capital at the end of the reporting period was EUR 1,850,000
and the total number of shares was 3,465,000.
Board of Director's authorization
The authorizations of the Board of Directors are valid until 27 February 2008.
The company's share capital may be increased by a maximum of EUR 693,000. The
share capital may be increased in one or more installments through an issue of
new shares, convertible bond loans or stock options. The company does not hold
its own shares, nor does the Board of Directors have any authorization to
acquire the company's own shares.
At the end of the reporting period the company had 467 shareholders (479).
The highest price quoted for the company's shares in Q2 2007 was EUR 1.15 in
April (EUR 1.77), the lowest price was EUR 0.98 in May (EUR 1.30), and the
closing price was EUR 1.06 (EUR 1.38). The average price during the reporting
period was EUR 1.06 (EUR 1.53). Evia Plc's market capitalization at the closing
price was EUR 3,672,900 (EUR 4,781,700). A total of 159,859 (287,560) shares
were traded during the reporting period, which represents 4.6% (8.3%) of the
total number of shares.
OUTLOOK
The development of this sector is strongly tied to the general performance of
the economy. Indicators monitored by the Finnish Association of Marketing
Communication Agencies (MTL) forecast a continuation in the positive trend in
the sector in the second half of 2007. However the recent uncertainties in the
global economy might affect the outlook of the sector. The measures the Group
has completed to streamline its cost structure have improved the Group's ability
to react and enhanced its flexibility in adjusting operations to meet unexpected
changes.
In addition the company's development is impacted by how our own clients utilise
this industry's services and by changes in client relationships.
Based on the positive development of received and anticipated client assignments
it is expected that the gross income of 2007 will be higher than that recorded
in the previous year.
Thanks to the streamlined cost structure and the anticipated growth in gross
income it is expected that the result for 2007 will turn modestly positive.
Helsinki, 20 August 2007
EVIA PLC
Board of Directors
Further information:
Managing Director Jari Torvelainen
tel. +358 (0)40 555 5553, +358 (0)9 12551
e-mail: jari.torvelainen@evia.fi
Distribution:
OMX Nordic Exchange and key media
www.evia.fi
Appendix
TABLES
--------------------------------------------------------------------------------
| CONSOLIDATED INCOME | | | | | | |
| STATEMENT | | | | | | |
--------------------------------------------------------------------------------
| EUR 1,000 | 4-6 | 4-6 |Change,| 1-6 | 1-6 |Change,| Last | 1-12 |
| | 2007 | 2006 | % | 2007 | 2006 | % | 12 | 2006 |
| | | | | | | |months | |
| | | | | | | | | |
--------------------------------------------------------------------------------
| NET SALES | 2,254| 3,076| -26.7 | 5,201 | 6,776 | -23.2 | 9,081 | 10,656|
| | | | | | | | | |
--------------------------------------------------------------------------------
| Other | 15 | 6 | (..) | 15 | 35 | -57.1 | 123 | 143 |
| operating | | | | | | | | |
| income | | | | | | | | |
--------------------------------------------------------------------------------
| Outsourcing | -553 | -823 | -32,8| -1,446| -2,023| -28.5| -2,440| -3,017|
| expenses | | | | | | | | |
--------------------------------------------------------------------------------
| Change in | -133 | -48 | (..) | -116 | -115 | 0.9 | -295 | -294 |
| inventories | | | | | | | | |
--------------------------------------------------------------------------------
| GROSS INCOME | 1,583| 2,211| -28.4 | 3,654 | 4,673 | -21.8 | 6,469 | 7,488 |
| | | | | | | | | |
--------------------------------------------------------------------------------
| Personnel |-1,195|-1,457| -18.0 |-2,435 | -2,756| -11.6 | -4,785| -5,106|
| expenses | | | | | | | | |
--------------------------------------------------------------------------------
| Depreciation | -36 | -49 | -26.5 | -73 | -102 | -28.4 | -163 | -192 |
| and | | | | | | | | |
| amortization | | | | | | | | |
--------------------------------------------------------------------------------
| Other | -678 | -853 | -20.5 | -1,465| -1,676| -12.6 | -2,959| -3,170|
| operating | | | | | | | | |
| expenses | | | | | | | | |
--------------------------------------------------------------------------------
| OPERATING | -326 | -148 | (..) | -319 | 139 | (..) | -1,438| -980 |
| PROFIT | | | | | | | | |
--------------------------------------------------------------------------------
| Financial | -31 | -30 | 3.3 | -49 | -49 | 0.0 | -118 | -118 |
| expenses | | | | | | | | |
--------------------------------------------------------------------------------
| Profit before | -357 | -178 | (..) | -368 | 90 | (..) | -1,556| -1,098|
| taxes | | | | | | | | |
--------------------------------------------------------------------------------
| Income taxes | 0 | 1 | | 0 | 0 | | 1 | 1 |
--------------------------------------------------------------------------------
| NET PROFIT | -357 | -177 | (..) | -368 | 90 | (..) | -1,555| -1,097|
| | | | | | | | | |
--------------------------------------------------------------------------------
| Attributable | | | | | | | | |
| to: | | | | | | | | |
--------------------------------------------------------------------------------
| Equity holders | -357 | -177 | (..) | -368 | 90 | (..) | -1,555| -1,097|
| of the parent | | | | | | | | |
| | | | | | | | | |
| company | | | | | | | | |
--------------------------------------------------------------------------------
| Minority | 0 | 0 | | 0 | 0 | | 0 | 0 |
| interests | | | | | | | | |
--------------------------------------------------------------------------------
(..) = Change in excess of 100%
--------------------------------------------------------------------------------
| CONSOLIDATED BALANCE SHEET | | | | |
--------------------------------------------------------------------------------
| EUR 1,000 | 30.6. | 30.6. | Change, | 31.12. |
| | 2007 | 2006 | % | 2006 |
--------------------------------------------------------------------------------
| ASSETS | | | | |
--------------------------------------------------------------------------------
| NON-CURRENT ASSETS | | | | |
--------------------------------------------------------------------------------
| Tangible assets | 334 | 471 | -29.1 | 361 |
--------------------------------------------------------------------------------
| Goodwill | 1,327 | 1,337 | -0.7 | 1,330 |
--------------------------------------------------------------------------------
| Other intangible assets | 7 | 18 | -61.1 | 11 |
--------------------------------------------------------------------------------
| Disposable investments | 28 | 248 | -88.7 | 32 |
--------------------------------------------------------------------------------
| Total non-current assets | 1,696 | 2,074 | 18.2 | 1,734 |
--------------------------------------------------------------------------------
| CURRENT ASSETS | | | | |
--------------------------------------------------------------------------------
| Inventories | 290 | 586 | -50.5 | 405 |
--------------------------------------------------------------------------------
| Trade receivables and other | 1,323 | 1,744 | -24.1 | 1,390 |
| receivables | | | | |
--------------------------------------------------------------------------------
| Cash reserves | 64 | 363 | -82.4 | 73 |
--------------------------------------------------------------------------------
| Total current assets | 1,677 | 2,693 | -37.7 | 1,868 |
--------------------------------------------------------------------------------
| Total assets | 3,373 | 4,767 | -29.2 | 3,602 |
--------------------------------------------------------------------------------
| SHAREHOLDERS' EQUITY AND | | | | |
| LIABILITIES | | | | |
--------------------------------------------------------------------------------
| Share capital | 1,850 | 3,465 | -46.6 | 3,465 |
--------------------------------------------------------------------------------
| Share premium account | | | | |
--------------------------------------------------------------------------------
| Retained earnings | -20 | -538 | -96.3 | -537 |
--------------------------------------------------------------------------------
| Profit for the financial year | -368 | 90 | (..) | -1,098 |
--------------------------------------------------------------------------------
| Minority interests | 0 | 0 | | 0 |
--------------------------------------------------------------------------------
| Total shareholders' equity | 1,462 | 3,017 | -51.5 | 1,830 |
--------------------------------------------------------------------------------
| NON-CURRENT LIABILITIES | 160 | 268 | -40.3 | 160 |
--------------------------------------------------------------------------------
| CURRENT LIABILITIES | 1,751 | 1,482 | 18.2 | 1,612 |
--------------------------------------------------------------------------------
| TOTAL SHAREHOLDERS' EQUITY AND | 3,373 | 4,767 | -29.2 | 3,602 |
| LIABILITIES | | | | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| CHANGES IN SHAREHOLDERS' EQUITY | | |
--------------------------------------------------------------------------------
| EUR 1,000 | Share | Share | Retained | Total |
| | capital | premium | earnings | |
| | | account | | |
--------------------------------------------------------------------------------
| Equity 1.1.2007 | 3,465 | | -1,635 | 1,830 |
--------------------------------------------------------------------------------
| Transfer of share premium account | -1,615 | | 1,615 | |
--------------------------------------------------------------------------------
| Profit for the financial year | | | -368 | -368 |
--------------------------------------------------------------------------------
| Equity 30.6.2007 | 1,850 | 0 | -388 | 1,462 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| CONSOLIDATED CASH FLOW | | | | | | |
| STATEMENT | | | | | | |
--------------------------------------------------------------------------------
| EUR 1,000 | 4-6 | 4-6 | Change | 1-6 | 1-6 | Change |
| | 2007 | 2006 | , | 2007 | 2006 | , |
| | | | % | | | % |
--------------------------------------------------------------------------------
| CASH FLOW FROM | | | | | | |
| OPERATIONS | | | | | | |
--------------------------------------------------------------------------------
| Profit before taxes | -357 | -178 | (..) | -368 | 90 | (..) |
--------------------------------------------------------------------------------
| Adjustments | 33 | 49 | -32.7 | 73 | 102 | -28.4 |
--------------------------------------------------------------------------------
| Change in working | 287 | 262 | 9.5 | 321 | 536 | -40.1 |
| capital | | | | | | |
--------------------------------------------------------------------------------
| Cash flow from | -37 | 133 | (..) | 26 | 728 | -96.4 |
| operations | | | | | | |
--------------------------------------------------------------------------------
| CASH FLOW FROM | | | | | | |
| INVESTMENTS | | | | | | |
--------------------------------------------------------------------------------
| Investments in tangible | -24 | -5 | (..) | -39 | -5 | (..) |
| assets | | | | | | |
--------------------------------------------------------------------------------
| Sales of tangible assets | 4 | 0 | (..) | 4 | 0 | |
--------------------------------------------------------------------------------
| Cash flow from | -20 | -5 | (..) | -35 | -5 | (..) |
| investments | | | | | | |
--------------------------------------------------------------------------------
| CASH FLOW FROM FINANCING | | | | | | |
--------------------------------------------------------------------------------
| Change in liabilities | 0 | -439 | -100.0 | 0 | -929 | (..) |
--------------------------------------------------------------------------------
| Dividends paid | 0 | 0 | | | | |
--------------------------------------------------------------------------------
| Other change in | 0 | 0 | | | | |
| shareholders' equity | | | | | | |
--------------------------------------------------------------------------------
| Cash flow from financing | 0 | -439 | -100.0 | 0 | -929 | (..) |
--------------------------------------------------------------------------------
| TOTAL LIQUID ASSETS | -57 | -311 | 81.7 | -9 | -206 | -95.6 |
--------------------------------------------------------------------------------
| Liquid assets at the | 121 | 674 | -82,0 | 73 | 569 | -87.2 |
| beginning of the period | | | | | | |
--------------------------------------------------------------------------------
| Liquid assets at the end | 64 | 363 | -82.4 | 64 | 363 | -82.4 |
| of the period | | | | | | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EUR 1,000 | 1-3 | 4-6 | 7-9 | 10-12 | 1-3 | 4-6 |
| | 2006 | 2006 | 2006 | 2006 | 2007 | 2007 |
--------------------------------------------------------------------------------
| NET SALES | 3,700 | 3,076 | 1,426 | 2,455 | 2,947 | 2,254 |
--------------------------------------------------------------------------------
| Other operating | 29 | 6 | | 108 | | 15 |
| income | | | | | | |
--------------------------------------------------------------------------------
| Outsourcing | -1,201 | -823 | -225 | -769 | -893 | -553 |
| expenses | | | | | | |
--------------------------------------------------------------------------------
| Change in | -66 | -48 | -25 | -155 | 17 | -133 |
| inventories | | | | | | |
--------------------------------------------------------------------------------
| GROSS INCOME | 2,462 | 2,211 | 1,176 | 1,639 | 2,071 | 1,583 |
--------------------------------------------------------------------------------
| Personnel | -1,299 | -1,457 | -993 | -1,358 | -1,240 | -1,195 |
| expenses | | | | | | |
--------------------------------------------------------------------------------
| Depreciation | -53 | -49 | -47 | -43 | -37 | -36 |
| and | | | | | | |
| amortization | | | | | | |
--------------------------------------------------------------------------------
| Other operating | -823 | -853 | -875 | -619 | -787 | -678 |
| expenses | | | | | | |
--------------------------------------------------------------------------------
| OPERATING | 287 | -148 | -739 | -381 | 7 | -326 |
| PROFIT | | | | | | |
--------------------------------------------------------------------------------
| Financial | -19 | -30 | -25 | -43 | -18 | -31 |
| expenses | | | | | | |
--------------------------------------------------------------------------------
| Profit before | 268 | -178 | -764 | -424 | -11 | -357 |
| taxes | | | | | | |
--------------------------------------------------------------------------------
| Income taxes | -1 | 1 | 0 | 1 | 0 | 0 |
--------------------------------------------------------------------------------
| NET PROFIT | 267 | -177 | -764 | -423 | -11 | -357 |
--------------------------------------------------------------------------------
| Attributable | | | | | | |
| to: | | | | | | |
--------------------------------------------------------------------------------
| Equity holders | 267 | -177 | -764 | -423 | -11 | -357 |
| of the | | | | | | |
| parent company | | | | | | |
--------------------------------------------------------------------------------
| Minority | 0 | 0 | 0 | 0 | 0 | 0 |
| interests | | | | | | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| CONTINGENT LIABILITIES | 30.6. | 30.6. | Change, | 31.12. |
| EUR 1,000 | 2007 | 2006 | % | 2006 |
--------------------------------------------------------------------------------
| Floating charges | | | | |
--------------------------------------------------------------------------------
| Group companies* | 1,000 | 1,000 | 0 | 1,000 |
--------------------------------------------------------------------------------
| Collateral given | | | | |
--------------------------------------------------------------------------------
| Group companies | | 216 | -100.0 | |
--------------------------------------------------------------------------------
| Guarantees | | | | |
--------------------------------------------------------------------------------
| Group companies | 34 | 40 | -11.1 | 34 |
--------------------------------------------------------------------------------
| Leasing liabilities | 580 | 556 | -7.4 | 598 |
--------------------------------------------------------------------------------
| Total | 1,614 | 1,812 | -14.0 | 1,632 |
--------------------------------------------------------------------------------
| * As collateral on a EUR 1.0 million formalized line of credit | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| KEY FINANCIAL RATIOS | 4-6 | 4-6 | Change, | Last 12 | 1-12 |
| | 2007 | 2006 | % | months | 2006 |
--------------------------------------------------------------------------------
| Earnings/share | -0.10 | -0.05 | (..) | -0.45 | -0.32 |
| (EPS), EUR | | | | | |
--------------------------------------------------------------------------------
| Equity/share, EUR | 0.42 | 0.87 | -51.5 | 0.42 | 0.53 |
--------------------------------------------------------------------------------
| Return on equity, % | -97.7 | -22.9 | (..) | (..) | -46.1 |
| (12 months) | | | | | |
--------------------------------------------------------------------------------
| Return on | -72.4 | -16.0 | (..) | -58.6 | -31.5 |
| investment, | | | | | |
| % (12 months) | | | | | |
--------------------------------------------------------------------------------
| Equity to total | 43.3 | 63.5 | -31.7 | 43.3 | 51.0 |
| assets ratio, % | | | | | |
--------------------------------------------------------------------------------
| Gross capital | 24 | 5 | | 43 | 24 |
| expenditure, EUR | | | | | |
| 1,000 | | | | | |
--------------------------------------------------------------------------------
| Gross capital | 1,1 | 0.2 | | 0.5 | 0.2 |
| expenditure, | | | | | |
| % of net sales | | | | | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| SEGMENT INFORMATION | | | | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| NET SALES | 4-6 | 4-6 | Change, | 1-12 |
| EUR 1,000 | 2007 | 2006 | % | 2006 |
--------------------------------------------------------------------------------
| Evia Plc | 2,117 | 2,908 | -27.2 | 10,060 |
--------------------------------------------------------------------------------
| Frame Graphics Oy | 252 | 341 | -26.1 | 980 |
--------------------------------------------------------------------------------
| Internal sales | -115 | -173 | -33.5 | -384 |
--------------------------------------------------------------------------------
| EVIA PLC GROUP | 2,254 | 3,076 | -26.7 | 10,656 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| GROSS INCOME | 4-6 | 4-6 | Change, | 1-12 |
| EUR 1,000 | 2007 | 2006 | % | 2005 |
--------------------------------------------------------------------------------
| Evia Plc | 1,373 | 1,938 | -29.2 | 6,732 |
--------------------------------------------------------------------------------
| Frame Graphics Oy | 210 | 273 | -23.1 | 756 |
--------------------------------------------------------------------------------
| EVIA PLC GROUP | 1,583 | 2,211 | -28.4 | 7,488 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| OPERATING PROFIT | 4-6 | 4-6 | Change, | 1-12 |
| EUR 1,000 | 2007 | 2006 | % | 2005 |
--------------------------------------------------------------------------------
| Evia Plc | -278 | -170 | -63.5 | -807 |
--------------------------------------------------------------------------------
| Frame Graphics Oy | -48 | 22 | (..) | -173 |
--------------------------------------------------------------------------------
| EVIA PLC GROUP | -326 | -148 | (..) | -980 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| AVERAGE NUMBER OF PERSONNEL | 4-6 | 4-6 | Change, | 1-12 |
| | 2007 | 2006 | % | 2005 |
--------------------------------------------------------------------------------
| Evia Plc | 67 | 87 | -23.0 | 82 |
--------------------------------------------------------------------------------
| Frame Graphics Oy | 11 | 10 | 10.0 | 10 |
--------------------------------------------------------------------------------
| EVIA PLC GROUP | 78 | 97 | -19.6 | 92 |
--------------------------------------------------------------------------------
EVIA PLC´S FINANCIAL INFORMATION IN 2007
Interim report for January - September 2007: 29 October 2007
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