Sorin S.p.A. · Milan Italy (Italian: SRN)
Key Sorin S.p.A. Financials
| Company Type | Public -(Italian: SRN) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | $1,026.5 |
| 2009 Employees | 3,665 |
Sorin S.p.A. Income Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Revenue | 1,026.5 | 987.5 | 906.6 |
| Cost of Goods Sold | 519.2 | 536.8 | 503.1 |
| Gross Profit | 507.3 | 450.7 | 403.5 |
| Gross Profit Margin | 49.4% | 45.6% | 44.5% |
| SG&A Expense | -- | 0.7 | -- |
| Depreciation & Amortization | -- | -- | -- |
| Operating Income | 94.7 | 35.8 | 63.6 |
| Operating Margin | 9.2% | 3.6% | 7% |
| Nonoperating Income | (2.8) | 43.2 | (0.1) |
| Nonoperating Expenses | (12.6) | (19.9) | (37.8) |
| Income Before Taxes | 79.3 | 59.1 | 25.8 |
| Income Taxes | 23.2 | 20.9 | 25.1 |
| Net Income After Taxes | 56.1 | 38.2 | 0.6 |
| Continuing Operations | 56.1 | 38.2 | 0.6 |
| Discontinued Operations | (4.3) | (4.9) | (53.0) |
| Total Operations | 51.8 | 33.3 | (52.4) |
| Total Net Income | 51.8 | 33.3 | (52.4) |
| Net Profit Margin | 5% | 3.4% | -5.8% |
| Diluted EPS from Total Net Income | 0.11 | 0.07 | (0.11) |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
Sorin S.p.A. Balance Sheet
| Assets | Dec 10 | Dec 09 | Dec 08 |
| Current Assets | |||
| Cash | 39.4 | 14.7 | 32.3 |
| Net Receivables | -- | -- | -- |
| Inventories | 174.1 | 199.8 | 206.4 |
| Other Current Assets | 302.9 | 327.0 | 495.9 |
| Total Current Assets | 516.3 | 541.5 | 734.6 |
| Net Fixed Assets | 125.7 | 131.4 | 127.6 |
| Other Noncurrent Assets | 504.6 | 525.6 | 507.3 |
| Total Assets | 1,146.5 | 1,198.6 | 1,369.4 |
| Liabilities | Dec 10 | Dec 09 | Dec 08 |
| Current Liabilities | |||
| Accounts Payable | 114.2 | 207.2 | 247.7 |
| Short-Term Debt | -- | -- | -- |
| Other Current Liabilities | 219.8 | 142.9 | 505.8 |
| Total Current Liabilities | 334.0 | 350.1 | 753.5 |
| Long-Term Debt | -- | -- | -- |
| Other Noncurrent Liabilities | 210.8 | 267.9 | 76.7 |
| Total Liabilities | 544.8 | 617.9 | 830.2 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | 601.7 | 580.6 | 539.2 |
| Total Equity | 601.7 | 580.6 | 539.2 |
| Shares Outstanding (thou.) | 470,432.1 | 470,412.1 | 470,412.1 |
All amounts in millions of US Dollars except per share amounts.
Sorin S.p.A. Cash Flow Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Net Operating Cash Flow | 142 | 172 | 98 |
| Net Investing Cash Flow | (61.7) | (68.8) | (31.4) |
| Net Financing Cash Flow | (55.7) | (121.9) | (66.8) |
| Net Change in Cash | 24.8 | (18.2) | 0.2 |
| Depreciation & Amortization | |||
| Capital Expenditures | (62.2) | (61.4) | (60.9) |
| Cash Dividends Paid |
All amounts in millions of US Dollars except per share amounts.