|
|
|
Finance
Result 2010
Strukton Rail realised a good result in the Netherlands despite the difficult market conditions. These days, a substantial proportion of the revenue and results is realised outside the Netherlands. The contribution to result by Strukton’s rail operations in Sweden rose substantially while results in Italy and Belgium remained also at a high level. There was also a big increase for all the product market combinations of Strukton Systems. On the other hand, the results for Norway and Germany remained negative. Strukton Rail made changes to the size and structure of the organisation in the Netherlands in 2010. The changes to the organisation will ensure a secure future.
Consolidated balance sheet
(x EUR 1,000)
| NON-CURRENT ASSETS |
|
|
| Intangible assets |
11,494 |
15,329 |
| Property, plant and equipment |
69,572 |
80,371 |
| Financial assets (incl. acquisitions) |
31,428 |
25,311 |
| Corporation tax claims |
1,763 |
435 |
| SUM OF NON-CURRENT ASSETS |
114,257 |
121,446 |
| |
|
|
| CURRENT ASSETS |
|
|
| Inventories |
6,391 |
5,649 |
| Construction work in progress |
51,659 |
27,431 |
| Trades and other receivables |
126,347 |
147,696 |
| Cash and cash equivalents |
1,908 |
461 |
| SUM OF CURRENT ASSETS |
186,305 |
181,237 |
| |
|
|
| CURRENT LIABILITIES |
|
|
| Suppliers |
54,906 |
47,091 |
| Taxation / pensions |
21,583 |
21,079 |
| Provisions |
12,549 |
11,615 |
| Work in progress |
13,224 |
14,089 |
| Other payables |
57,791 |
57,847 |
| SUM OF CURRENT LIABILTIES |
160,053 |
151,721 |
| |
|
|
| Net work in progress |
38,435
|
13,342 |
| WORKING CAPITAL |
26,252 |
29,516 |
Other data
| OPERATING INCOME |
618,719 |
549,612 |
| Investments |
8,667 |
8,552 |
| Training costs (out of pocket) |
6,205 |
6,143 |
|
|
|