Aldata Solution Oyj STOCK EXCHANGE RELEASE 1(6) February 13th, 2007, at 9.00 a.m. (EET) ALDATA SOLUTION OYJ FINANCIAL STATEMENT RELEASE JANUARY - DECEMBER 2006 (unaudited) Aldata in 2006 (compared to 2005) -Net sales were EUR 88.8 million (EUR 76.0 million). - Gross profit was EUR 70.7 million (EUR 63.1 million). - Operating profit, EBIT, was EUR 5.5 million (EUR 5.2 million). The operating costs include EUR 0.6 million non-recurring costs related to the program for increasing efficiency. The costs related to stock options were EUR 0.9 (0.5) million. - Profit before taxes was EUR 5.5 million (EUR 5.5 million). - Net profit was EUR 2.5 million (EUR 3.4 million) and earnings per share, EPS, were 0.037 euros (0.050 euros). - Cash flow from operating activities was EUR -2.2 million (EUR 4.5 million) and cash and equivalents amounted to EUR 5.7 million (EUR 9.4 million) at the end of December 2006. - The order backlog at year end was EUR 19.1 million (EUR 20.7 million at the end of 2005 and EUR 19.2 million at the end of Q3 2006). Aldata in Q4 2006 (compared to Q4 2005) - Net sales were EUR 25.3 million (EUR 21.6 million). - Gross profit was EUR 19.4 million (EUR 18.2 million). - Operating profit, EBIT, was EUR 1.3 million (EUR 2.6 million). Operating costs in the fourth quarter include EUR 0.6 million non-recurring costs related to the program for increasing efficiency. - Profit before taxes was EUR 1.2 million (EUR 2.6 million). - Net profit was EUR 0.3 million (EUR 1.9 million) and earnings per share, EPS, were 0.005 euros (0.028 euros). Market overview The year 2006 was challenging for software vendors providing solutions for the retail and logistics sectors. Mergers and acquisitions activity, both among customers as well as among software suppliers, led to delays in decision-making for large IT investments and to permanent changes in ongoing software implementation projects. Aldata, with its 17 per cent of organic growth, was one of the few software vendors that further increased net sales and gained market share in this demanding environment. The situation stabilized towards the end of the year; retailers have returned to the market and many leading retailers are today planning actions to move their old proprietary IT infrastructure towards standardized software architecture. The area of retail software is currently developing very rapidly with many new technologies and functionalities requested by customers. On the technology front, the main themes going into 2007 are Linux and SOA architecture. Regarding functionalities, there is a high demand for perpetual inventory management, automatic replenishment, product traceability and global supply chain optimization. Regarding project management and execution, the importance of a fast and cost-efficient implementation methodology and flexibility to meet customer specific demands, is very high. Aldata, with over 20 years of experience in retail and logistics and global coverage of successful references, is very well prepared to fulfill these customer needs. In 2006, growth was strong in emerging markets such as Eastern Europe, the Middle East, and Russia. As retailing develops further and retail chains are gaining market share from small independent retailers in China and India, these rapidly growing markets will provide opportunities for suppliers of standardized software solutions. In the area of logistics software, the market was challenging in 2006. The main growth drivers in 2007 will be new warehouse projects in emerging markets and replacement projects for existing warehouses in Western Europe. Global supply chain optimization will be a key growth factor in the future. In 2006, Aldata grew faster than most of its competitors and peers. Aldata expects to continue to gain market share in 2007. October - December 2006 financial performance Net sales in the fourth quarter were EUR 25.3 million (EUR 21.6 million). Product sales, which include licenses for standard products, licenses for customer-specific developments and maintenance revenues, accounted for 51% (45%) of the total net sales. Consulting services accounted for 37% (48%), and third party licenses and hardware accounted for 12% (7%). The Group's gross profit was EUR 19.4 million (EUR 18.2 million), which represents 77% (84%) gross margin. Operating profit, EBIT, totaled EUR 1.3 million (EUR 2.6 million), which represents a 4.9% operating margin (12.2%). Operating profit excluding expenses for option plans was EUR 1.5 million (EUR 2.9 million). Pre-tax profit was EUR 1.2 million (EUR 2.6 million), net profit was EUR 0.3 million (EUR 1.9 million) and earnings per share, EPS, were 0.005 euros (0.028 euros). Operating costs in the quarter include EUR 0.6 million non-recurring costs related to the efficiency improvement program, which was launched at the end of 2006. No significant further costs for the program are expected. Capitalized research and development costs were EUR 0.2 million (EUR 0.1 million). The amortization on capitalized development costs was EUR 0.1 million (EUR 0.0 million). Taxes were EUR 0.9 million (EUR 0.6 million) and the tax rate was 75% (25%). The tax rate level in the quarter was very high, and measures to bring it down to an acceptable level have been taken. For 2007, Aldata expects a clearly lower tax rate than in 2006. January - December 2006 financial performance Aldata's net sales were EUR 88.8 million (EUR 76.0 million), which represents organic growth of 17% over the previous year's net sales. Non-recurring costs related to the program for increasing profitability were EUR 0.6 million and were booked in the fourth quarter. Product sales, which include licenses for standard products, licenses for customer specific developments and maintenance revenues, accounted for 51% (42%). Consulting services, which include project work, integration and training services, accounted for 40% (51%). Third party licensees and hardware accounted for 9% (7%). The Group's gross profit was EUR 70.7 million (EUR 63.1 million), which represents an 80% (83%) gross margin. Operating profit, EBIT, totaled EUR 5.5 million (EUR 5.2 million), which represents a 6.2% (6.9%) operating margin. Pre-tax profit was EUR 5.5 million (EUR 5.5 million), net profit was EUR 2.5 million (EUR 3.4 million) and earnings per share, EPS, were 0.037 euros (0.050 euros). Research and development costs in the financial year totaled EUR 18.2 million (EUR 15.7 million), of which EUR 0.7 million (EUR 0.6 million), or 3.8% (4.0%), were capitalized. The depreciation on capitalized development costs was EUR 0.2 million (EUR 0.1 million). Costs related to stock options were EUR 0.9 million (EUR 0.5 million). Taxes for the financial year were EUR 2.9 million (EUR 2.0 million) and tax rate was 53% (36%). Aldata's reported order backlog includes product and third party product sales, which will be recognized as revenues during the following twelve months. At the end of 2006, Aldata's order backlog was EUR 19.1 million (EUR 20.7 million at the end of 2005 and EUR 19.2 million at the end of Q3 2006). Business units in January - December 2006 Net sales of Supply Chain Management (SCM) Software business unit grew by 16% to EUR 74.2 million (EUR 64.1 million). The gross profit was EUR 59.4 (EUR 53.6) million and the operating profit, EBIT, was EUR 5.1 (EUR 7.0) million. The positive development of the net sales is attributable to a number of successful Aldata G.O.L.D. implementation projects and to increased sales of new G.O.L.D. modules. The decrease in profitability is mainly a result of significantly increased costs in product development. Net sales of the In-Store Software business unit increased to EUR 14.6 million (EUR 11.9 million). The gross profit was EUR 11.3 million (EUR 9.6 million) and the operating profit, EBIT, was EUR 2.6 (EUR 0.0) million. The unit has further strengthened its presence in the Nordic area and first international successes with the new G.O.L.D. POS product came when the Group signed new contracts with customers in India, the Middle East, and in the UK. In 2007, there are great expectations for further international expansion of G.O.L.D. POS. According to IFRS, unallocated expenses are reported separately from segment reporting. In 2006, Aldata Group's unallocated expenses totaled EUR 2.1 million (EUR 1.8 million). Finance and investments At the end of 2006, Aldata Group's cash, cash equivalents and marketable securities amounted to EUR 5.7 million (EUR 9.4 million), and the balance sheet total stood at EUR 55.3 million (EUR 48.5 million). The Group had no debt (EUR 0.3 million) and interest-bearing net liabilities totaled EUR -5.1 million (EUR -8.7 million). Short-term receivables totaled EUR 35.0 million (EUR 26.9 million). The Group's solvency ratio was 54.5% (54.1%), gearing was -16.9% (- 34.4%), and shareholder's equity per share was EUR 0.437 (0.372). The Group's capital expenditure on hardware and software purchases amounted to EUR 1.8 million (EUR 1.3 million). A total of EUR 0.7 million (EUR 0.6 million) development costs were capitalized during the period. There were no changes in 2006 to the reserves related to the dispute with GrandVision. In 2004, Aldata made a reserve covering open receivables related to the project. Research and Development Aldata's research and development costs in January-December 2006 were 18.2 million (EUR 15.7 million) and made up 20 percent (22%) of net sales. A total of EUR 0.7 million (EUR 0.6 million) of development costs were capitalized during the period. The amortization on capitalized development costs was EUR 0.2 million (EUR 0.1 million). At the end of the review period 185 (211) employees were involved in R&D activities. This represents 29% of the Group's total personnel. Aldata's R&D centers are located in Paris, France, and in Vantaa, Finland. Personnel Aldata Group employed 632 (580) persons at the end of 2006 and on average had 614 (547) employees during the year. The personnel growth rate was 9% in the Supply Chain Management Software business unit, as well as in the In-Store Software business unit. Geographically, the relative growth was strongest in Aldata's subsidiary in the US. Dec 31, 2006 Dec 31, 2005 By Business Units Persons % Persons % SCM Software 513 81 471 81 In-Store Software 108 17 99 17 Group Administration 11 2 10 2 Total 632 100 580 100 Approximately 54% of personnel were employed by Aldata companies in France, 14% in Finland, 12% in Germany, 7% in Sweden, 5% in the US, 4% in Slovenia, 3% in the UK, and 1% in Russia. Share performance, foreign ownership, and changes in ownership during 2006 The highest price of the Aldata Solution Oyj share during January-December 2006 was 2.83 EUR and the lowest price 1.53 EUR. The average price was 1.99 EUR and the closing price 1.77 EUR. The trading volume on the Helsinki Stock Exchange was EUR 56.8 million and altogether 28.6 million shares were traded, which represents 42% of the shares. Aldata Solution Oyj has 68.1 million shares outstanding. The number of outstanding shares has increased by 686 953 shares during the financial period. A total of 591 593 shares were emitted in connection with the share capital increase decided in June 2006 and a total of 95 000 shares have been subscribed with Aldata Oyj's 2003A option rights in August 2006. The number of shareholders was 6009 and the free float was 99.8% of the share capital at the end of 2006. A total of 51.6% of Aldata Solution Oyj's shares were nominee registered at the end of the period. Events after the review period Aldata has incorporated Aldata Smart Card, specialized in smart cards and loyal customer software systems, to Aldata Solution Finland Oy. Company's customers, contracts and products were transferred to Aldata Solution Finland Oy on January 1st, 2007. On January 5th 2007, Aldata announced that it will provide the Finnish company Tradeka with a new Linux-based point-of-sales system. The application will be fully in use by the end of the year 2008 in all Euromarket, Siwa, and Valintatalo stores. On January 31st 2007, Aldata announced an agreement with Elephant Pharm, a one- stop wellness and pharmacy chain in the US. The contract includes the Aldata G.O.L.D. Central and Shop modules. The Board of Directors' dividend proposal The Board of Directors will propose to the Annual General Meeting on March 29th 2007 that no dividend shall be distributed. The Board of Directors will, however, propose that the Annual General Meeting authorize the Board of Directors to decide on the repurchase of the company's own shares using retained distributable assets, so that the maximum number of repurchased shares does not exceed 5 million shares. This corresponds approximately 7% of the company's current registered capital stock and the total voting rights. The program to improve efficiency and outlook for 2007 The growth of EUR 13 million in net sales in 2006 did not increase operating profits as much as planned, and therefore in the fourth quarter of 2006, the Group launched a program targeted to significantly increase its profitability in 2007. The main actions taken are: - Restructuring of loss-making operations in Germany and in the UK. Both areas are expected to be profitable in 2007. - Since the complete re-writing of the main product G.O.L.D. has been finished, Aldata will move from two releases to one new release annually. As a result, the product team has been reorganized, the team has been downsized and part of the team has been transferred to billable services. - Implementation of a new risk-control process for fixed-price projects. - On the Group level, a clarification of responsibilities has been made with the goal of improving co-operation and load balance between various areas. These actions will accomplish higher profitability both in operating profit (EBIT) and in net profit. Special emphasis will be placed on the Group's operating cash-flow. The results of these actions will gradually affect profitability in the first half of 2007, and the full impact will be realized in the second half. Lower development revenues as a result of the move from two G.O.L.D. releases to one and late start in some new, already signed, projects, will negatively affect first quarter performance. In the first quarter of 2007, revenues are expected to be significantly lower than in the first quarter of 2006 and the result is expected to be negative. However, the planned load for the following quarters is at a good level and results of the actions to improve profitability will significantly improve the operational efficiency. Therefore the Company is confident in expecting for the full year 2007 a continued growth in net sales, a significant increase in operating margin compared to 2006 and a positive operating cash flow. Helsinki, February 13th 2007 Aldata Solution Oyj Board of Directors Further information: Aldata Solution Oyj, René Homeyer, President and CEO, tel. +33 683 810 888 Aldata Solution Oyj, Thomas Hoyer, CFO, tel. +358 45 670 0491 Aldata will arrange a press conference for media and financial analysts in Helsinki on February 13th, at 12.00 p.m. (EET) in Scandic Hotel Simonkenttä (Simonkatu 9, Helsinki) in the Espa cabinet on the ground floor. The presentation material will be published on the Group's web site: www.aldata- solution.com Aldata in brief Aldata Solution is one of the global leaders in supply chain execution software for retail, wholesale, and logistics companies. The company's comprehensive range of Supply Chain Management and In-Store solutions enable its more than 300 customers across 50 countries to enhance productivity, profitability, performance, and competitiveness. Aldata develops and supports its software through more than 600 Aldata professionals and a global partner network. Aldata is a public company quoted on the Helsinki Stock Exchange with the identifier ALD1V. More information at: www.aldata-solution.com. Distribution: OMX Helsinki Stock Exchange Media APPENDICES 1 Income Statement 2 Balance Sheet 3 Statement of Change in Equity 4 Cash Flow 5 Contingent Liabilities 6 Key Figures 7 Segment Information 8 Quarterly Income Statement and Balance Sheet 9 Quarterly Key Figures APPENDIX 1 INCOME STATEMENT MEUR MEUR Change *) unaudited 2006 *) 2005 % Net sales 88.8 76.0 16.9 % Other operating income 0.4 0.7 -46.7 % Material and services -18.5 -13.5 -36.8 % Personnel expenses -45.9 -41.0 -11.7 % Depreciations and impairments -1.1 -1.1 -1.7 % Other operating expenses -18.1 -15.8 -14.9 % Operating profit 5.5 5.2 6.2 % Financial items -0.1 0.3 -124.7 % Profit before taxes 5.5 5.5 -0.8 % Income taxes -2.9 -2.0 -46.0 % Minority interest 0.0 -0.1 80.8 % Profit for the year 2.5 3.4 -25.7 % Result for the year continuing operations 2.5 3.4 -25.7 % Profit for the year 2.5 3.4 -25.7 % Earnings per share 0.037 0.050 Earnings per share diluted 0.037 0.050 APPENDIX 2 BALANCE SHEET MEUR MEUR *) unaudited 31 Dec 31 Dec 2006 *) 2005 ASSETS Non-current assets Goodwill 9.4 8.5 Capitalized development cost 1.4 0.9 Intangible assets 0.2 0.1 Tangible assets 1.5 1.7 Other long-term assets 1.0 0.4 Deferred tax assets 0.5 0.5 Non-current assets total 14.1 12.1 Current assets Inventories 0.5 0.1 Account receivable 21.2 16.2 Loan receivable 0.0 0.1 Prepayments and accrued income 12.8 9.7 Other short-term receivables 1.0 0.9 Cash and cash equivalents 5.7 9.4 Current assets total 41.2 36.4 Assets total 55.3 48.5 SHAREHOLDERS' EQUITY AND LIABILITIES Shareholders' equity Share capital 0.7 0.7 Share Premium Fund 18.3 17.0 Translation difference 0.0 -0.1 Retained earnings 10.9 7.5 Equity holders of the parent company 29.8 25.1 Minority interest 0.1 0.4 Shareholders' equity total 29.9 25.4 Non-current liabilities Long-term loans 0.4 0.4 Other provisions 1.3 1.4 Other long-term loans 0.1 0.1 Non-current liabilities total 1.7 1.9 Current liabilities Short-term loans 0.2 0.3 Advances received 0.5 1.5 Account payable 6.6 4.3 Accrued expenses and prepayments 10.8 9.2 Other provisions 0.1 0.1 Other short-term loans 5.4 5.9 Current liabilities total 23.7 21.2 Liabilities total 25.4 23.1 Equity and liabilities total 55.3 48.5 APPENDIX 3 STATEMENT OF CHANGES IN EQUITY Share Share Translation Retained TEUR capital premium difference earnings Total fund EQUITY 01.01.2005 674 17 002 126 3 559 21 361 Translation difference 0 0 -201 0 -201 Result of the financial year 0 0 0 3 401 3 401 Total 0 0 -201 3 401 3 200 Share based payments recognised against equity 0 0 0 516 516 EQUITY 31.12.2005 674 17 002 -75 7 476 25 078 Issue of share capital 6 1 143 0 0 1 149 Exercise of options 1 146 0 0 147 Translation difference 0 0 42 0 42 Result of the financial 0 0 0 2 526 2 526 year Total 7 1 289 42 2 526 3 864 Share based payments 0 0 0 860 860 recognised against equity EQUITY 31.12.2006 681 18 291 -33 10 862 29 802 APPENDIX 4 CASH FLOW STATEMENT MEUR MEUR 2006 2005 Cash flow from operating activities Operating result 5.5 5.2 Adjustment to operating result 1.7 3.4 Change in working capital -6.3 -4.5 Interest received and other financial income 0.2 0.5 Interest paid and other financial expenses -0.1 -0.2 Taxes paid -3.2 -0.1 Net cash from operating activities -2.2 4.5 Cash flow from investing activities Group companies acquired -0.1 -0.1 Investments in tangible and intangible assets -1.3 -1.3 Loans granted -0.2 -0.1 Net cash used in investing activities -1.6 -1.5 Cash flow before financing activities -3.8 3.0 Cash flow from financing activities Long-term loans, repayments -0.1 0.0 Share issue 0.1 0.0 Net cash used in financing activities 0.1 -0.1 Net cash flow, total -3.7 2.9 Change in cash and cash equivalents -3.7 2.9 Cash and cash equivalents 1 Jan. 9.4 6.5 Cash and cash equivalents 31 Dec. 5.7 9.4 APPENDIX 5 COMMITMENTS AND CONTINGENCIES MEUR MEUR 2006 2005 Mortages 5.4 5.4 Leasing liabilities 16.1 8.6 Guarantees on behalf of group company debt 0.2 0.2 app 6 APPENDIX 6 Unaudited *) IFRS IFRS IFRS FAS FAS KEY FIGURES, MEUR 2006*) 2005 2004 2003 2002 SCOPE OF OPERATIONS Net sales, MEUR 88,8 76,0 66,1 75,3 65,6 Average number of personnel 614 547 525 470 448 Gross capital expenditure, MEUR 1,8 1,9 1,4 7,6 7,4 Gross capital expenditure, % of 2,0 2,6 2,2 10,1 11,2 net sales PROFITABILITY Operating profit , MEUR 5,5 5,2 -0,8 3,4 4,7 Operating profit, % of net sales 6,2 6,9 -1,2 4,6 7,1 Profit before taxes and minority 5,5 5,5 -1,0 2,3 2,3 interest, MEUR Profit before taxes and minority 6,2 7,3 -1,4 3,1 3,5 interest, % of net sales Return on equity, % (ROE) 9,2 14,9 -16,7 1,5 9,8 Return on investment, % (ROI) 21,0 23,5 -1,2 13,8 20,1 FINANCIAL STANDING Quick ratio 1,7 1,7 1,6 1,4 1,6 Current ratio 1,7 1,7 1,7 1,6 1,8 Equity ratio, % 54,5 54,1 54,0 48,2 51,7 Interest-bearing net debt, MEUR -5,1 -8,7 -6,0 -5,4 -7,2 Gearing, % -16,9 -34,4 -27,6 -21,2 -28,8 PER SHARE DATA 2006 2005 2004 2003 2002 Earnings per share, EUR (EPS) 0,037 0,050 -0,059 0,004 0,028 Earnings per share, EUR (EPS), 0,037 0,050 -0,059 0,004 0,027 adjusted for dilution effect Shareholders' equity per share, 0,372 0,372 0,317 0,372 0,359 EUR Dividend/share, EUR 0,00 0,00 0,00 0,00 0,00 Dividend/earnings, % 0,0 0,0 0,0 0,0 0,0 Effective dividend yield, % 0,0 0,0 0,0 0,0 0,0 Price/earnings ratio 48 37 - 485 32 Share performance (EUR) Share price on 31 Dec, EUR 1,77 1,85 1,11 1,94 0,88 Share issue-adjusted average 1,99 1,56 1,49 1,58 1,38 share price, EUR Share issue-adjusted lowest 1,53 1,07 1,00 0,86 0,43 share price, EUR Share issue-adjusted highest 2,83 2,07 2,24 2,19 2,72 share price, EUR Market capitalization, MEUR 121 125 71 131 58 2006 2005 2004 2003 2002 No. of shares traded during the financial period, (during the period of quotation in 1999) 28 577 161 44 229 797 51 724 278 53 101 752 53 655 506 % of the company's average number of shares 42 % 66 % 77 % 79 % 81 % Number of shares 68 120 895 67 433 942 67 433 942 67 433 942 66 145 742 Share issue-adjusted number of shares annual average 68 120 895 67 433 942 66 490 002 66 490 002 65 783 016 Share issue-adjusted number of shares at the end of the financial period 68 120 895 67 433 942 67 433 942 67 433 942 66 145 742 Share issue-adjusted number of shares annual average, adjusted for dilution effect 68 120 895 67 433 942 66 857 022 66 857 022 66 229 368 Share issue-adjusted number of shares at the end of the financial period, adjusted for dilution effect 68 120 895 67 433 942 67 436 122 67 436 122 66 567 535 APPENDIX 7 SEGMENT INFORMATION 2006 Supply Chain In-Store Eliminations Total Net Sales to External 74.2 14.6 0.0 88.8 Customers Segment operating profit 5.1 2.6 0.0 7.7 Unallocated items -2.1 Operating profit 5.5 Financial income and expenses 0.0 Profit before taxes and minority interest 5.5 Taxes -2.9 Minority interest 0.0 Profit for the Financial Period 2.5 Segment assets 43.2 5.3 0.0 48.6 Unallocated assets 6.7 Total 55.3 Segment liabilities 20.0 2.5 0.0 22.6 Unallocated liabilities 2.9 Total 25.4 Capital expenditures 1.5 0.2 0.0 1.7 Unallocated capital expenditures 0.1 Total 1.8 Depreciations 0.8 0.2 0.0 1.1 Unallocated depreciations 0.1 Total 1.1 2005 Supply Chain In-Store Elimina-tions Total Net Sales to External 64.1 11.9 0.0 76.0 Customers Segment operating profit 7.1 0.0 0.0 7.0 Unallocated items -1.8 Operating profit 5.2 Financial income and expenses 0.3 Profit before taxes and minority interest 5.5 Taxes -2.0 Minority interest -0.1 Profit for the Financial Period 3.4 Segment assets 34.8 2.8 -0.1 37.6 Unallocated assets 11.0 Total 48.5 Segment liabilities 17.1 2.3 -0.1 19.2 Unallocated liabilities 3.9 Total 23.1 Capital expenditures 1.4 0.4 0.0 1.8 Unallocated capital expenditures 0.1 Total 1.9 Depreciations 0.8 0.2 0.0 1.1 Unallocated depreciations 0.1 Total 1.1 APPENDIX 8 INCOME STATEMENT MEUR MEUR MEUR MEUR MEUR quarterly figures Q4/2006 Q3/2006 Q2/2006 Q1/2006 Q4/2005 Net sales 25.3 19.9 21.2 22.4 21.6 Other operating income 0.0 0.1 0.1 0.2 0.3 Operating expenses -23.8 -18.2 -19.6 -20.8 -19.0 Depreciations and -0.3 -0.3 -0.3 -0.3 -0.2 impairments Operating profit 1.3 1.5 1.4 1.4 2.6 Financial items 0.0 0.1 -0.1 0.0 0.0 Profit before taxes 1.2 1.6 1.3 1.3 2.6 Income taxes -0.9 -0.7 -0.8 -0.5 -0.6 Minority interest 0.0 0.0 0.0 0.0 0.0 Profit for the financial 0.3 0.9 0.5 0.8 1.9 period INCOME STATEMENT MEUR MEUR MEUR MEUR MEUR cumulative 1-12/06 1-9/06 1-6/06 1-3/06 1-12/05 Net sales 88.8 63.5 43.6 22.4 76.0 Other operating income 0.4 0.4 0.3 0.2 0.7 Operating expenses -82.5 -58.7 -40.5 -20.8 -70.3 Depreciations and -1.1 -0.8 -0.6 -0.3 -1.1 impairments Operating profit 5.5 4.3 2.8 1.4 5.2 Financial items -0.1 0.0 -0.1 0.0 0.3 Profit before taxes 5.5 4.2 2.7 1.3 5.5 Income taxes -2.9 -2.0 -1.3 -0.5 -2.0 Minority interest 0.0 0.0 -0.1 0.0 -0.1 Profit for the financial 2.5 2.2 1.3 0.8 3.4 period BALANCE SHEET MEUR MEUR MEUR MEUR MEUR 31.12.06 30.9.06 30.6.06 31.3.06 31.12.05 ASSETS NON-CURRENT ASSETS Goodwill 9.4 9.4 8.5 8.5 8.5 Capitalized development 1.4 1.3 1.2 1.0 0.9 cost Intangible assets 0.2 0.2 0.1 0.1 0.1 Tangible assets 1.5 1.5 1.6 1.7 1.7 Investments 0.0 0.0 0.0 0.0 0.0 Other long-term assets 1.0 0.6 0.6 0.5 0.4 Deferred tax assets 0.5 0.5 0.4 0.4 0.5 NON-CURRENT ASSETS TOTAL 14.1 13.6 12.4 12.3 12.1 CURRENT ASSETS Inventories 0.5 0.3 0.5 0.2 0.1 Short-term receivables 35.0 31.2 28.2 31.0 26.9 Cash and cash equivalents 5.7 5.5 9.2 9.0 9.4 CURRENT ASSETS TOTAL 41.2 37.2 38.0 40.3 36.4 ASSETS TOTAL 55.3 50.8 50.4 52.6 48.5 SHAREHOLDERS' EQUITY AND LIABILITIES Shareholders' equity 29.8 29.2 26.8 26.1 25.1 Minority interest 0.1 0.1 0.5 0.4 0.4 Non-current liabilities 1.7 1.9 1.9 2.1 1.9 Current liabilities 23.7 19.6 21.2 24.0 21.2 EQUITY AND LIABILITIES 55.3 50.8 50.4 52.6 48.5 TOTAL APPENDIX 9 KEY FIGURES, MEUR Q4/2006 Q3/2006 Q2/2006 Q1/2006 Q4/2005 quarterly figures Scope of Operations Net sales, MEUR 25.3 19.9 21.2 22.4 21.6 Average number of personnel, 614 609 603 595 547 cumulative Profitability Operating profit , MEUR 1.3 1.5 1.4 1.4 2.6 Operating profit, % of net 4.9 7.5 6.6 6.2 12.2 sales Profit before taxes and 1.2 1.6 1.3 1.3 2.6 minority interest, MEUR Profit before taxes and minority interest, % of net 4.8 7.9 6.3 6.0 12.0 sales Return on equity, % (ROE) 9.2 10.9 10.3 12.3 14.9 Return on investment, % (ROI) 21 21.9 22.1 22.0 23.5 Financial Standing Quick ratio 1.7 1.9 1.8 1.7 1.7 Current ratio 1.7 1.9 1.8 1.7 1.7 Equity ratio, % 54.5 58.5 55.4 52.0 54.1 Interest-bearing net debt, -5.1 -4.9 -8.6 -8.4 -8.7 MEUR Gearing, % -16.9 -16.7 -31.8 -31.7 -34.4 Per Share Data Earnings per share, EUR (EPS) 0.005 0.014 0.008 0.011 0.028 Earnings per share, EUR (EPS), adjusted for dilution 0.005 0.014 0.008 0.011 0.028 effect Shareholders' equity per 0.437 0.428 0.397 0.386 0.372 share, EUR
ALDATA SOLUTION OYJ FINANCIAL STATEMENT RELEASE JANUARY - DECEMBER 2006(unaudited)
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