IRCE S.p.A. · Imola, Bologna Italy (Italian: IRC)
Key IRCE S.p.A. Financials
| Company Type | Public -(Italian: IRC) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | $516.9 |
| 2010 Employees | 791 |
IRCE S.p.A. Income Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Revenue | 516.9 | 338.3 | 482.3 |
| Cost of Goods Sold | -- | 272.5 | 369.5 |
| Gross Profit | 516.9 | 65.8 | 112.8 |
| Gross Profit Margin | -- | 19.4% | 23.4% |
| SG&A Expense | 465.8 | -- | 51.7 |
| Depreciation & Amortization | -- | -- | -- |
| Operating Income | 29.2 | 4.6 | 0.3 |
| Operating Margin | 5.7% | 1.4% | 0.1% |
| Nonoperating Income | 0.0 | 0.0 | 0.0 |
| Nonoperating Expenses | (6.6) | (31.3) | 9.0 |
| Income Before Taxes | 22.6 | (26.7) | 9.3 |
| Income Taxes | 8.3 | (5.0) | 2.0 |
| Net Income After Taxes | 14.3 | (21.8) | 7.3 |
| Continuing Operations | 14.3 | (21.8) | 7.4 |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 14.3 | (21.8) | 7.4 |
| Total Net Income | 14.3 | (21.8) | 7.4 |
| Net Profit Margin | 2.8% | -6.4% | 1.5% |
| Diluted EPS from Total Net Income | 0.54 | (0.82) | -- |
| Dividends per Share | 0.03 | 0.07 | 0.07 |
All amounts in millions of US Dollars except per share amounts.
IRCE S.p.A. Balance Sheet
| Assets | Dec 10 | Dec 09 | Dec 08 |
| Current Assets | |||
| Cash | 6.8 | 5.2 | 6.1 |
| Net Receivables | -- | -- | -- |
| Inventories | 133.0 | 88.1 | 100.3 |
| Other Current Assets | 163.4 | 111.2 | 109.5 |
| Total Current Assets | 303.2 | 204.5 | 216.0 |
| Net Fixed Assets | 102.7 | 102.3 | 99.9 |
| Other Noncurrent Assets | 11.6 | 17.6 | 11.6 |
| Total Assets | 417.5 | 324.4 | 327.5 |
| Liabilities | Dec 10 | Dec 09 | Dec 08 |
| Current Liabilities | |||
| Accounts Payable | 54.2 | 31.5 | 42.0 |
| Short-Term Debt | -- | -- | -- |
| Other Current Liabilities | 146.2 | 62.8 | 37.1 |
| Total Current Liabilities | 200.4 | 94.3 | 79.1 |
| Long-Term Debt | -- | -- | -- |
| Other Noncurrent Liabilities | 27.5 | 44.1 | 55.9 |
| Total Liabilities | 228.0 | 138.4 | 135.1 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | 189.5 | 186.0 | 191.9 |
| Total Equity | 189.5 | 186.0 | 191.9 |
| Shares Outstanding (thou.) | 26,473.8 | 28,128.0 | 28,128.0 |
All amounts in millions of US Dollars except per share amounts.
IRCE S.p.A. Cash Flow Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Net Operating Cash Flow | (48) | (7) | 78 |
| Net Investing Cash Flow | (20.2) | (13.8) | (10.7) |
| Net Financing Cash Flow | 70.2 | 19.7 | (71.2) |
| Net Change in Cash | 2.1 | (1.0) | (4.3) |
| Depreciation & Amortization | |||
| Capital Expenditures | (20.3) | (13.9) | (11.4) |
| Cash Dividends Paid | (1.9) | (1.9) |
All amounts in millions of US Dollars except per share amounts.