RAPALA VMC CORPORATION REDEFINES CLASSIFICATION OF BALANCE SHEET ITEMS
(Thomson Reuters ONE) -
Rapala VMC Corporation
Stock Exchange Release
January 4, 2013 at 9:30 a.m.
Rapala VMC Corporation ("the Group") redefines classification of certain balance
sheet items between interest-bearing and non-interest-bearing assets and
liabilities. The change in presentation leads into changes in calculation of
some non-IFRS based key figures. All comparative periods starting from 2011 have
been restated and are presented in the table below. Restated annual key figures
2007-2011 are available at the Group's website www.rapalavmc.com and will be
presented in the financial statement 2012.
Q1/ Q2/ Q3/ Q4/ Q1/ Q2/ Q3/
Published key figures 2011 2011 2011 2011 2012 2012 2012
----------------------------------------------------------------------------
Capital employed, MEUR * 240.8 232.7 224.5 227.0 249.4 241.3 237.1
Net interest-bearing debt, MEUR * 106.7 103.4 93.9 91.2 107.7 99.9 94.9
Equity-to-assets ratio, % * 41.2% 40.4% 42.2% 43.2% 40.8% 39.9% 43.0%
Return on capital employed, QRT, % 21.0% 22.6% 4.1% 6.3% 17.4% 19.9% 6.3%
Return on capital employed, YTD, % 21.0% 22.0% 16.3% 13.7% 17.4% 18.8% 14.8%
Return on equity, QRT, % 24.1% 24.8% 0.7% 3.2% 21.6% 20.8% 3.8%
Debt-to-equity ratio, MEUR * 79.5% 79.9% 71.8% 67.2% 75.9% 70.6% 66.7%
----------------------------------------------------------------------------
* End of period
Q1/ Q2/ Q3/ Q4/ Q1/ Q2/ Q3/
Restated key figures 2011 2011 2011 2011 2012 2012 2012
----------------------------------------------------------------------------
Capital employed, MEUR * 239.2 231.0 224.1 226.9 249.1 240.0 235.3
Net interest-bearing debt, MEUR * 105.1 101.7 93.4 91.1 107.3 98.6 93.0
Equity-to-assets ratio, % * 41.2% 40.4% 42.2% 43.2% 40.8% 39.9% 42.8%
Return on capital employed, QRT, % 21.1% 21.8% 4.0% 6.2% 17.4% 19.0% 6.2%
Return on capital employed, YTD, % 21.1% 22.2% 16.4% 13.8% 17.4% 18.9% 14.8%
Return on equity, QRT, % 24.1% 24.3% 0.7% 3.2% 21.6% 20.4% 3.7%
Debt-to-equity ratio, MEUR * 78.3% 78.6% 71.5% 67.1% 75.7% 69.7% 65.4%
----------------------------------------------------------------------------
* End of period
RAPALA VMC CORPORATION
Jorma Kasslin
Chief Executive Officer
For further information:
Jussi Ristimäki, Chief Financial Officer, tel. +358 9 7562 540
Distribution: NASDAQ OMX Helsinki and Main Media
Rapala VMC Corporation ("the Group") is a leading fishing tackle company and the
global market leader in fishing lures, treble hooks and fishing related knives
and tools. The Group also has a strong global position in other fishing
categories and it is one of the leading distributors of outdoor, hunting and
winter sport products in the Nordic countries. The Group has the largest
distribution network in the industry. The main manufacturing facilities are
located in Finland, France, Estonia, Russia, China, Indonesia and the UK. The
Group brand portfolio includes the leading brand in the industry, Rapala, and
other global brands like VMC, Sufix, Storm, Blue Fox, Luhr Jensen, Williamson,
Dynamite Baits, Mora Ice, StrikeMaster, Marttiini and Peltonen. The Group, with
net sales of EUR 279 million in 2011, employs some 2 000 people in 38 countries.
Rapala VMC Corporation's share is listed and traded on the NASDAQ OMX Helsinki
stock exchange since 1998.
Stock Exchange Release:
http://hugin.info/120091/R/1668239/541654.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Rapala VMC Oyj via Thomson Reuters ONE
[HUG#1668239]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 04.01.2013 - 08:31 Uhr
Sprache: Deutsch
News-ID 216629
Anzahl Zeichen: 4647
contact information:
Town:
Helsinki
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 193 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"RAPALA VMC CORPORATION REDEFINES CLASSIFICATION OF BALANCE SHEET ITEMS"
steht unter der journalistisch-redaktionellen Verantwortung von
Rapala VMC Oyj (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).