* In an effort to provide better information to readers of accounts and to conform with international standards, the company has adopted for its 2009 financial statements a new
classification of products related to RTC (Research Tax Credits) different to those in preceding periods. Thus, the Group has reclassified in its December 31, 2009 financial statements the RTC
previously listed in“Taxes”now listed under“Other products”. At December 31, 2009, the RTC rose to €1.7M compared to €0.7M at December 31, 2008. In order to allow the figures from one
period to remain comparable to those of the other, the figures listed in the columns in 2008 have been reclassified as a function of the options retained for 2009. These reclassifications have
been identified by an * in the financial statements and have no effect on the earnings of the period, which remain unchanged compared to the two previous periods.
LISI ANNUAL REPORT 2009
In thousand euros
12/31/2009
12/31/2008
Pre-tax sales
695,071
844,254
Changes in stock, finished products and outstanding
(26,427)
22,377
Total production
668,644
866,631
Other revenues*
7,428
6,184
Total operating revenues*
676,072
872,815
Consumption
(171,505)
(253,493)
Other purchases and external charges
(127,823)
(157,467)
Value added
376,743
461,854
Taxes and duties
(10,260)
(11,261)
Personnel expenses (Including temporary employees)
(278,705)
(309,557)
EBITDA*
87,779
141,036
Depreciation
(43,577)
(41,249)
Net provisions
(10,013)
(877)
EBIT*
34,188
98,910
Non-recurring operating expenses
(12,473)
(5,171)
Non-recurring operating revenues
500
855
Operating profit*
22,214
94,594
Financing expenses and revenue on cash
(4,197)
(8,885)
Revenue on cash
326
1,397
Financing expenses
(4,524)
(10,282)
Other interest revenue and expenses
(1,080)
2,847
Other financial items
4,433
6,009
Other interest expenses
(5,513)
(3,162)
Taxes*
(7,800)
(32,445)
Profit for the period
9,137
56,111
attributable as company shareholders’equity
9,422
56,229
Minority interests
(285)
(118)
Earnings per share (in €)
0.92
5.40
Diluted earnings per share (in €)
0.92
5.28
LISI Group consolidated
income statement
STOCK MARKET DATA AND FINANCIAL SUMMARY
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