ANNUAL REPORT 2012
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Group Performance Indicators

Financial Summary

2011/2012
€’000
2010/2011
€’000
Turnover 383,826 382,069
Earnings before interest, tax, depreciation and amortisation (EBITDA) 61,146 72,749
Operating (loss)/profit (2,886) 24,458
(Loss)/profit before tax (12,742) 16,727
(Loss)/profit after tax (16,261) 12,920
Net debt 66,714 64,653

Financial Summary

2011/2012
€’million
2010/2011
€’million
Feedstock 62.9 69.5
Powergen 71.3 60.5
Resource Recovery 65.5 56.2
Environmental & Other 12.5 13.6
Retail 171.6 182.3
383.8 382.1

Ratios

2011/2012 2010/2011
EBITDA/turnover 15.9% 19.0%
Debt/Equity 37% 28%
EBITDA/Interest cover (times) 5.8 7.3
Current ratio (times) 1.9 1.7

Production Statistics

2011/2012
’000
2010/2011
’000
Milled peat (tonnes) 3,572 4,812
Growing media (cubic metres) 1,864 1,874
Briquettes (tonnes) 202 238

2011/2012 2010/2011
Payroll costs €’000 (gross of employer’s pension costs) 109,103 115,897
Payroll costs €’000 (net of employer’s pension costs) 105,747 112,144
Numbers employed at peak 2,468 2,332
Average employment numbers 2,141 2,112