Graphisoft Park SE announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, revenue was EUR 2,059,000 compared to EUR 1,873,000 for the same period a year ago. Operating profit was EUR 963,000 compared to EUR 786,000 for the same period a year ago. Profit before tax was EUR 416,000 compared to EUR 228,000 for the same period a year ago. Profit attributable to equity holders of the parent company was EUR 425,000 compared to EUR 203,000 for the same period a year ago. Basic and diluted earnings per share were EUR 0.04 compared to EUR 0.02 for the same period a year ago. Net cash from operating activities was EUR 1,978,000 compared to EUR 1,743,000 for the same period a year ago. Purchase of tangible assets and intangibles was EUR 426,000 compared to EUR 843,000 for the same period a year ago. EBITDA was EUR 1,899,000 compared to EUR 1,703,000 for the same period a year ago. The growth in revenue is a result of the increasing general occupancy of the properties, and in particular the lease started in the second quarter of the comprehensively renovated administration building, located in the monument development area. For the year, revenue was EUR 8,039,000 compared to EUR 7,404,000 for the same period a year ago. Operating profit was EUR 3,652,000 compared to EUR 2,869,000 for the same period a year ago. Profit before tax was EUR 1,596,000 compared to EUR 559,000 for the same period a year ago. Profit attributable to equity holders of the parent company was EUR 1,441,000 compared to EUR 289,000 for the same period a year ago. Basic and diluted earnings per share were EUR 0.14 compared to EUR 0.03 for the same period a year ago. Net cash from operating activities was EUR 7,275,000 compared to EUR 6,784,000 for the same period a year ago. Purchase of tangible assets and intangibles was EUR 2,615,000 compared to EUR 2,901,000 for the same period a year ago. EBITDA was EUR 7,352,000 compared to EUR 6,477,000 for the same period a year ago. Net debt at the end of the period was EUR 44,648,000 compared to EUR 45,457,000 for the same period a year ago. The company provided earnings guidance for the year 2012. For the year, the company expects to report rental revenue of EUR 8.3 million, EBITDA of EUR 7.6 million, depreciation and amortization of EUR 3.8 million, operating profit of EUR 3.8 million, net interest expense of EUR 1.7 million, income tax expense of EUR 0.4 million and net profit of EUR 1.7 million.