HALF YEAR FINANCIAL REPORT FIRST SEMESTER 2016 TABLE OF CONTENTS*

  1. Condensed consolidated financial statements Ter Beke group per 30 June 2016;

  2. Notes to the condensed consolidated financial statements;

  3. Interim semester report;

  4. Declaration of the responsible persons;

  5. Report from the Statutory Auditor on the half year information;

  6. Contacts;

  7. Financial calendar;

  8. Ter Beke in brief.

*The Dutch version of this report is considered to be the official version

1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS TER BEKE GROUP PER 30 JUNE 2016 CONDENSED CONSOLIDATED BALANCE SHEET

in '000 EUR

Assets

30/06/2016

31/12/2015

Non-current assets

148.448

149.201

Goodwill

35.204

35.204

Intangible non-current assets

5.568

5.410

Tangible non-current assets

83.365

85.005

Interests using equity method

12.594

12.635

Loans to joint venture

1.520

850

Other long-term receivables

97

97

Long-term interest-bearing receivables

10.100

10.000

Current assets

95.068

92.327

Stocks

21.741

20.421

Trade and other receivables

58.756

64.860

Cash and cash equivalents

14.571

7.046

Total assets

243.516

241.528

Liabilities

Shareholders' equity

109.630

108.843

Capital and issue premiums

53.191

53.191

Reserves

56.439

55.652

Non-controlling interests

0

0

Deferred tax liabilities

4.665

5.852

Long-term liabilities

42.269

43.455

Provisions

4.338

3.062

Long-term interest-bearing liabilities

37.931

40.393

Other long-term liabilities

0

0

Short-term liabilities

86.952

83.378

Short-term interest-bearing obligations

10.770

10.965

Trade liabilities and other debts

60.837

58.830

Social liabilities

11.164

10.685

Tax liabilities

4.181

2.898

Total liabilities

243.516

241.528

CONDENSED CONSOLIDATED INCOME STATEMENT

in '000 EUR 30/06/2016

30/06/2015

Revenu 204.683

191.409

Trade goods, raw and auxiliary materials -107.709

-99.081

Services and miscellaneous goods -39.339

-38.312

Wages and salaries -38.075

-38.017

Depreciation costs -8.754

-8.092

Impairments, write-offs and provisions -1.175

66

Other operating income and expenses -10

-506

Result of operating activities 9.621

7.467

Financial income 442

131

Financial expenses -568

-1.029

Result of operating activities after net financing expenses 9.495

6.569

Tax -2.339

-1.799

Result after tax before share in the result of enterprises 7.156

accounted for using the equity method

4.770

Share in enterprises accounted for using the equity method 49

-389

Profit of the period 7.205

4.381

Basic profit per share 4,16

2,53

Diluted profit per share 4,16

2,53

CONDENSED COMPREHENSIVE INCOME

in '000 EUR

30/06/2016

30/06/2015

Profit of the reported period

7.205

4.381

Other elements of the result recognised in the shareholders' equity Other elements of the result that can subsequently be reclassified to the results

Translation differences

-248

179

Cash flow hedge

Other elements of the result that cannot subsequently be reclassified to the results

Revaluation of net liabilities regarding defined benefit pension schemes

16

-120

5

-34

Related deferred taxes

-2

12

Comprehensive income

6.851

4.543

Ter Beke NV published this content on 01 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 September 2016 07:15:07 UTC.

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