Inside information

Annual financial statements 2016

The Executive Board of Alexanderwerk AG has prepared the annual financial statements and the consolidated financial statements for the 2016 financial year. The Supervisory Board has just approved them; the annual accounts have thus been adopted. All annual and consolidated financial statements are issued with an unqualified audit opinion by the auditors.

For the 2016 financial year, the company reported earnings before interest and taxes (EBIT) in the amount of EUR 1.30 million and a net income of EUR 0.92 million – calculated based on the provisions of the German Commercial Code (HGB). Accordingly, Alexanderwerk AG shows a negative net trading equity as of December 31, 2016 in the amount of approx. EUR 1.33 million.

At the Group level, the following key financial figures have been reported according to IFRS for the 2016 financial year:
The total performance (consolidated) amounted to EUR 24.6 million (2015: EUR 22.24 million).
Consolidated earnings before interest and taxes (EBIT) amount to EUR 4.16 million (2015: EUR 1.68 million).
The operating result from ordinary business activities amounts to approx. EUR 3.85 million (2015: EUR 1.11 million).
The consolidated net income amounts to EUR 2.73 million (2015: EUR 0.54 million).
Accordingly, the gains per share amount to EUR 1.52 (2015: EUR 0.30).

Remscheid, April 13, 2017

Alexanderwerk AG
Executive Board