Gearing
Condensed balance sheet

 

In million euro

31/12/2004

31/12/2005

31/12/2006
31/12/2007
Fixed assets

23.3

24.1

26.4
32.7
Working capital

18.7

34.5

50.4
92.3
Assets

42.0

58.6

76.8

125
 
Shareholders' equity

36.5

47.2

79.1
105.1
Net indebtedness

5.1

10.4

(3.2)
19.2
Capital employed

41.6

57.6

75.9
124.3
Provisions for contingencies

0.4

1.0

0.9
0.7
Liabilities

42.0

58.6

76.8
125
Gearing

14.1%

22.1%

(4.1%)
18.3%

...