88 - Social work without accommodation

1 - General information

2 - Income statement

	Average	%	Trend
Out of taxes turnover	K$ 406	100%	+1.1%
Purchases & stocks variance	K$ -8	-2%	+0.0 points
Gross margin	K$ 398	98%	0.0 points
Operating expenses & revenues	K$ -114	-28%	-2.4 points
Taxes and subsidies	K$ -12	-3%	+0.1 points
Value added at factor costs	K$ 294	72%	+0.1 points
Wages costs  (1 employee = K$ 28)	K$ -279	-69%	+1.5 points
Gross operating surplus	K$ 15	4%	-1.4 points
Depreciation and provisions	K$ -4	-1%	-0.3 points
Operating income	K$ 10	3%	-1.1 points
Financial incomes and costs	K$ 4	1%	-2.1 points
Earnings before taxes	K$ 6	2%	-3.2 points
Exceptional incomes and costs	K$ 1	0%	+3.4 points
Income tax	K$ -1	0%	-0.3 points
Net income	K$ 7	2%	-6.2 points
Self-financing capacity	K$ 11	3%	-2.9 points

3 - Balance sheet

Assets	Average	%	Liabilities	Average	%
Gross intangible assets	K$ 59	9%	Equity	K$ 242	37%
Of which goodwill	K$ 44	7%	Of which share capital	K$ 186	29%
Gross tangible assets	K$ 146	22%	Bank loans	K$ 234	36%
Of which lands	K$ 3	0%
Gross financial capital assets	K$ 245	38%
Depreciations	K$ -75	-12%
Net fixed assets	K$ 375	58%	Permanent capital	K$ 476	73%
Stocks	K$ 3	1%	Payables	K$ 42	6%
Receivables	K$ 207	32%	Other liabilities	K$ 132	20%
Cash	K$ 64	10%
Other assets	K$ 1	0%
Current assets	K$ 276	42%	Short term debts	K$ 175	27%
total assets	K$ 650	100%	total liabilities	K$ 650	100%

4 - Cash

	Average	% Turnover
Stocks  (stock cover : 9 days)	K$ 3	1%
Receivables  (payment terms : 153 - 184 days)	K$ 207	51%
Other assets	K$ 1	0%
Payables  (payment terms : 102 - 122 days)	K$ -42	-10%
Other liabilities	K$ -132	-33%
Net working capital (A)	K$ 37	9%
Permanent capital	K$ 476	117%
Net fixed assets	K$ -375	-92%
Working capital (B)	K$ 101	25%
Cash (B - A)	K$ 64	16%

5 - Profitability analysis

1 - General information

2 - Income statement

	Average	%	Trend
Out of taxes turnover	M$ 1.2	100%	+2.4%
Purchases & stocks variance	M$ 0.0	-3%	+0.3 points
Gross margin	M$ 1.1	97%	-0.3 points
Operating expenses & revenues	M$ -0.3	-26%	+0.9 points
Taxes and subsidies	M$ 0.0	-1%	-0.2 points
Value added at factor costs	M$ 0.9	74%	-1.1 points
Wages costs  (1 employee = K$ 28)	M$ -0.8	-71%	-0.6 points
Gross operating surplus	M$ 0.0	2%	-0.5 points
Depreciation and provisions	M$ 0.0	0%	+0.0 points
Operating income	M$ 0.0	2%	-0.5 points
Financial incomes and costs	M$ 0.0	0%	+0.3 points
Earnings before taxes	M$ 0.0	2%	-0.2 points
Exceptional incomes and costs	M$ 0.0	0%	+1.4 points
Income tax	M$ 0.0	0%	+0.1 points
Net income	M$ 0.0	2%	-1.7 points
Self-financing capacity	M$ 0.0	2%	-0.7 points

3 - Balance sheet

Assets	Average	%	Liabilities	Average	%
Gross intangible assets	K$ 55	7%	Equity	K$ 224	29%
Of which goodwill	K$ 23	3%	Of which share capital	K$ 87	11%
Gross tangible assets	K$ 197	26%	Bank loans	K$ 186	24%
Of which lands	K$ 4	0%
Gross financial capital assets	K$ 107	14%
Depreciations	K$ -132	-17%
Net fixed assets	K$ 226	29%	Permanent capital	K$ 410	53%
Stocks	K$ 4	1%	Payables	K$ 90	12%
Receivables	K$ 389	51%	Other liabilities	K$ 268	35%
Cash	K$ 144	19%
Other assets	K$ 6	1%
Current assets	K$ 543	71%	Short term debts	K$ 358	47%
total assets	K$ 769	100%	total liabilities	K$ 769	100%

4 - Cash

	Average	% Turnover
Stocks  (stock cover : 4 days)	K$ 4	0%
Receivables  (payment terms : 101 - 121 days)	K$ 389	34%
Other assets	K$ 6	0%
Payables  (payment terms : 84 - 100 days)	K$ -90	-8%
Other liabilities	K$ -268	-23%
Net working capital (A)	K$ 41	4%
Permanent capital	K$ 410	35%
Net fixed assets	K$ -226	-20%
Working capital (B)	K$ 185	16%
Cash (B - A)	K$ 144	12%

5 - Profitability analysis

1 - General information

2 - Income statement

	Average	%	Trend
Out of taxes turnover	M$ 47.8	100%	-4.7%
Purchases & stocks variance	M$ -0.2	0%	-0.3 points
Gross margin	M$ 47.7	100%	+0.3 points
Operating expenses & revenues	M$ -14.8	-31%	-5.6 points
Taxes and subsidies	M$ -3.3	-7%	+1.2 points
Value added at factor costs	M$ 35.5	74%	+1.0 points
Wages costs  (1 employee = K$ 24)	M$ -33.8	-71%	+4.3 points
Gross operating surplus	M$ 1.6	3%	-3.3 points
Depreciation and provisions	M$ -0.5	-1%	-0.6 points
Operating income	M$ 1.1	2%	-2.7 points
Financial incomes and costs	M$ 1.1	2%	-6.0 points
Earnings before taxes	M$ 0.0	0%	-8.7 points
Exceptional incomes and costs	M$ -0.1	0%	+7.0 points
Income tax	M$ 0.1	0%	-0.9 points
Net income	M$ 0.0	0%	-14.8 points
Self-financing capacity	M$ 0.7	2%	-7.2 points

3 - Balance sheet

Assets	Average	%	Liabilities	Average	%
Gross intangible assets	M$ 15	10%	Equity	M$ 59	40%
Of which goodwill	M$ 13	9%	Of which share capital	M$ 52	35%
Gross tangible assets	M$ 26	18%	Bank loans	M$ 60	40%
Of which lands	M$ 1	0%
Gross financial capital assets	M$ 72	48%
Depreciations	M$ -15	-10%
Net fixed assets	M$ 98	66%	Permanent capital	M$ 118	80%
Stocks	M$ 0	0%	Payables	M$ 8	5%
Receivables	M$ 42	28%	Other liabilities	M$ 22	15%
Cash	M$ 8	5%
Other assets	M$ 1	1%
Current assets	M$ 50	34%	Short term debts	M$ 30	20%
total assets	M$ 148	100%	total liabilities	M$ 148	100%

4 - Cash

	Average	% Turnover
Stocks  (stock cover : 1 days)	M$ 0	0%
Receivables  (payment terms : 260 - 312 days)	M$ 42	87%
Other assets	M$ 1	2%
Payables  (payment terms : 147 - 177 days)	M$ -8	-16%
Other liabilities	M$ -22	-47%
Net working capital (A)	M$ 12	26%
Permanent capital	M$ 118	247%
Net fixed assets	M$ -98	-204%
Working capital (B)	M$ 20	43%
Cash (B - A)	M$ 8	17%

5 - Profitability analysis