Spector Photo Group NV Reports Audited Consolidated Earnings Results for the First Half Ended June 30, 2012
Loss from operating activities, before non-recurring items (REBIT) was 4,691,000 compared to 2,656,000 a year ago. Loss from operating activities (LBIT) was 5,212,000 compared to 2,773,000 a year ago. LBITDA was 3,370,000 compared to 204,000 a year ago. Loss from continuing activities was 6,083,000 compared to 1,789,000 a year ago. Loss from continuing activities, corrected for non-cash items was 5,198,000 compared to profit from continuing activities, corrected for non-cash items of 1,044,000 a year ago. Loss for the period and attributable to the group was 6,083,000 compared to 1,789,000 a year ago. The net financial debt amounted to 37.537 million as at the end of June 2012, compared to 36.074 million as at the end of June 2011. The decline in the result by minus 4.294 million can operating result decrease of 2.439 million, of which 2.007 million related to the Retail Group. Financial result was decreased 2.080 million, mainly due to the non-recurring income of 2.011 million in the first half-year. Income taxes decreased by 0.224 million.