TIG Themis Industries Group GmbH & Co. KGaA
Themis Equity Partners published final financial data (IFRS) for 2006
Themis Equity Partners GmbH & Co. KGaA / Final Results Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- ++ Final financial data (IFRS) for 2006 published ++ Whole year closes with record net income of EUR 9.35 million ++ Positive outlook on 2007 In the last year, Themis Equity Partners concluded the most dynamic and profitable year in the history of the company. In line with the report published today, the company booked income of EUR 1.30 million in fiscal 2006 Euro (previous year: EUR 1.15 million) and other operating income of EUR 13.69 million Euro (previous year: EUR 1.12 million), which resulted primarily from portfolio realisations in the private equity funds Platinum Equity Capital Partners, The Global Life Science Ventures II and Wellspring Capital Partners III as well as the successful IPOs of MAGNAT Real Estate Opportunities and CfC Industriebeteiligungen. Against income there were expenses totalling almost EUR 6.15 million (previous year: EUR 1.46 million) which resulted from write-downs on current and non-current assets of EUR 2.36 million and other operating expenses of EUR 3.79 million. The non-recurring expenses of EUR 2.67 million in connection with the successfully implemented capital increases IAS 32,37 was charged against equity in line with IAS 32,37. Thus equity totalled EUR 59.30 million to 30 December 2006. After taking the positive financial result of EUR 0.52 million into account, the company reported a period result of EUR 9.35 million according to IFRS (previous year: EUR 0.92 million). On the basis of average outstanding shares last year, earnings per share were EUR 0.25 (previous year: EUR 0.06). To the year end, cash and cash equivalents totalled EUR 27.16 million (previous year: EUR 8.02 million). During 2006, Net Asset Value (NAV) increased considerably from EUR 0.87 to EUR 1.08 per share, despite the significant broadening of the share basis. In addition to capital increase induced external growth, organic growth also made a material contribution to the expansion of the company. Compared to its peer group, Themis achieved a considerably higher increase in its net asset value. While the peer group companies posted an average increase of approximately 18% last year, Themis posted NAV growth of 24%. For the current year, management expects stronger investment activity, in particular with those private equity funds in which Themis acquired shares just recently and which therefore start their investment period as of this year. Also, due to the matured portfolio of funds, in which Themis invested several years ago, management expects more trade sales and IPOs than last year. Against this background, and with the economic environment remaining stable, management assumes that Themis will be able to tie up to the very good results and the growth of 2006. Contact: Themis Equity Partners GmbH & Co. KGaA Christiane Kriesche Head of Marketing & Communication Grüneburgweg 18 60322 Frankfurt Tel.: +49(0)69 719 15965 17 Fax: +49(0)69 719 15965 89 E-Mail: christiane.kriesche@sigma-capital.de DGAP 13.03.2007 ---------------------------------------------------------------------- Language: English Issuer: Themis Equity Partners GmbH & Co. KGaA Grüneburgweg 18 60322 Frankfurt am Main Deutschland Phone: +49 (0)69 719 15 965 17 Fax: +49 (0)69 719 15 965 89 E-mail: info@vch-group.de www: www.sigma-capital.de ISIN: DE0007857575 WKN: 785757 Indices: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München End of News DGAP News-Service ---------------------------------------------------------------------------
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