SLIDE 12 12
Balance Sheet
Balance sheet enhanced by recent acquisition of Oceanpath
€m's
30.6.18 30.6.17 Variance Fixed assets 10.5 8.5 2.0 Intangible assets 19.1 8.9 10.2 Deferred tax/other 1.8 1.7 0.1
Non Current Assets 31.4 19.1 12.3
Inventory 31.1 23.8 7.3 Trade and other receivables 42.5 32.4 10.1 Other assets 1.7 1.0 0.7 Bank deposit and cash 3.8 2.9 0.9
Current Assets 79.1 60.1 19.0
Assets held for sale 0.1 0.1
110.6 79.3 31.3 €m's
30.6.18 30.6.17 Variance
Total Equity 20.8 15.9 4.9
Obligations 0.8 0.6 0.2 Long term loans 7.5 1.2 6.3
Non Current Liabilities 8.3 1.8 6.5
Trade payables 24.9 19.6 5.3 Bank loans 50.1 37.8 12.3 Other current liabilities 5.1 3.4 1.7 Current maturities long term loans 1.3 0.8 0.5
Current Liabilities 81.5 61.6 19.9 Total Equity and Liabilities 110.6 79.3 31.3
- Total assets increase by €31.3m from prior year, reflecting the acquisition of Oceanpath and increased activities in
both operating divisions,
- Net debt of €55.2m up €18.3m from prior year, thereof €13.5m related to the acquisition of Oceanpath. New €5m
long term loan with 9 year maturity taken out in relation to funding of acquisition,
- Revolver borrowing headroom of just under €13m at end of June 2018.
