|
OPC
|
Qoros*
|
Other
|
Adjustments
|
Total
|
||||||||||||||||
|
$ thousands
|
||||||||||||||||||||
|
2017
|
||||||||||||||||||||
|
Total sales
|
365,395
|
-
|
309
|
-
|
365,704
|
|||||||||||||||
|
Income/(loss) before taxes
|
22,708
|
(121,198
|
)
|
(37,146
|
)
|
-
|
(135,636
|
)
|
||||||||||||
|
Income Taxes
|
(8,945
|
)
|
-
|
(63,864
|
)
|
-
|
(72,809
|
)
|
||||||||||||
|
Income/(loss) from continuing operations
|
13,763
|
(121,198
|
)
|
(101,010
|
)
|
-
|
(208,445
|
)
|
||||||||||||
|
Depreciation and amortization
|
30,102
|
-
|
692
|
-
|
30,794
|
|||||||||||||||
|
Financing income
|
(1,088
|
)
|
-
|
(13,230
|
)
|
11,414
|
(2,904
|
)
|
||||||||||||
|
Financing expenses
|
33,753
|
-
|
47,827
|
(11,414
|
)
|
70,166
|
||||||||||||||
|
Other items:
|
||||||||||||||||||||
|
Share in losses/(income) of associated companies
|
-
|
121,198
|
(10,533
|
)
|
-
|
110,665
|
||||||||||||||
|
Write back of impairment of investments
|
-
|
-
|
(28,758
|
)
|
-
|
(28,758
|
)
|
|||||||||||||
|
62,767
|
121,198
|
(4,002
|
)
|
-
|
179,963
|
|||||||||||||||
|
Adjusted EBITDA
|
85,475
|
-
|
(41,148
|
)
|
-
|
44,327
|
||||||||||||||
|
Segment assets
|
939,809
|
-
|
1,464,354
|
-
|
2,404,163
|
|||||||||||||||
|
Investments in associated companies
|
-
|
1,694
|
120,000
|
-
|
121,694
|
|||||||||||||||
|
2,525,857
|
||||||||||||||||||||
|
Segment liabilities
|
742,692
|
-
|
731,818
|
-
|
1,474,510
|
|||||||||||||||
|
Capital expenditure
|
109,226
|
-
|
121,245
|
-
|
230,471
|
|||||||||||||||
|
OPC
|
Qoros*
|
Other
|
Adjustments
|
Total
|
||||||||||||||||
|
$ thousands
|
||||||||||||||||||||
|
2016
|
||||||||||||||||||||
|
Total sales
|
324,188
|
-
|
65
|
-
|
324,253
|
|||||||||||||||
|
Income/(loss) before taxes
|
20,450
|
(142,534
|
)
|
(304,816
|
)
|
-
|
(426,900
|
)
|
||||||||||||
|
Income Taxes
|
(67
|
)
|
-
|
(2,185
|
)
|
-
|
(2,252
|
)
|
||||||||||||
|
Income/(loss) from continuing operations
|
20,383
|
(142,534
|
)
|
(307,001
|
)
|
-
|
(429,152
|
)
|
||||||||||||
|
Depreciation and amortization
|
26,697
|
-
|
589
|
-
|
27,286
|
|||||||||||||||
|
Financing income
|
(2,988
|
)
|
-
|
(17,081
|
)
|
12,345
|
(7,724
|
)
|
||||||||||||
|
Financing expenses
|
22,838
|
-
|
36,783
|
(12,345
|
)
|
47,276
|
||||||||||||||
|
Other items:
|
||||||||||||||||||||
|
Share in losses/(income) of associated companies
|
-
|
142,534
|
43,681
|
-
|
186,215
|
|||||||||||||||
|
Provision of financial guarantee
|
-
|
-
|
130,193
|
-
|
130,193
|
|||||||||||||||
|
Impairment of investments
|
-
|
-
|
72,263
|
-
|
72,263
|
|||||||||||||||
|
46,547
|
142,534
|
266,428
|
-
|
455,509
|
||||||||||||||||
|
Adjusted EBITDA
|
66,997
|
-
|
(38,388
|
)
|
-
|
28,609
|
||||||||||||||
|
Segment assets
|
667,631
|
-
|
4,261,929
|
-
|
4,929,560
|
|||||||||||||||
|
Investments in associated companies
|
-
|
117,593
|
90,640
|
-
|
208,233
|
|||||||||||||||
|
5,137,793
|
||||||||||||||||||||
|
Segment liabilities
|
533,684
|
-
|
3,709,905
|
-
|
4,243,589
|
|||||||||||||||
|
Capital expenditure
|
72,540
|
-
|
245,313
|
-
|
317,853
|
|||||||||||||||
| * |
Associated Company – See Note 10.A.2 and 10.C.b.
|
|
OPC
|
Qoros*
|
Other
|
Adjustments
|
Total
|
||||||||||||||||
|
$ thousands
|
||||||||||||||||||||
|
2015
|
||||||||||||||||||||
|
Total sales
|
325,570
|
-
|
329
|
-
|
325,899
|
|||||||||||||||
|
Income/(loss) before taxes
|
29,975
|
(196,223
|
)
|
198,402
|
-
|
32,154
|
||||||||||||||
|
Income Taxes
|
(8,151
|
)
|
-
|
(892
|
)
|
-
|
(9,043
|
)
|
||||||||||||
|
Income/(loss) from continuing operations
|
21,824
|
(196,223
|
)
|
197,510
|
-
|
23,111
|
||||||||||||||
|
Depreciation and amortization
|
25,435
|
-
|
1,605
|
-
|
27,040
|
|||||||||||||||
|
Financing income
|
(3,140
|
)
|
-
|
(7,581
|
)
|
-
|
(10,721
|
)
|
||||||||||||
|
Financing expenses
|
26,315
|
-
|
10,079
|
-
|
36,394
|
|||||||||||||||
|
Other items:
|
||||||||||||||||||||
|
Share in losses/(income) of associated companies
|
-
|
196,223
|
(9,190
|
)
|
-
|
187,033
|
||||||||||||||
|
Gain from distribution of dividend in kind
|
-
|
-
|
(209,710
|
)
|
-
|
(209,710
|
)
|
|||||||||||||
|
Asset impairment
|
-
|
-
|
6,541
|
-
|
6,541
|
|||||||||||||||
|
48,610
|
196,223
|
(208,256
|
)
|
-
|
36,577
|
|||||||||||||||
|
Adjusted EBITDA
|
78,585
|
-
|
(9,854
|
)
|
-
|
68,731
|
||||||||||||||
|
Segment assets
|
810,551
|
-
|
3,303,204
|
-
|
4,113,755
|
|||||||||||||||
|
Investments in associated companies
|
-
|
158,729
|
210,293
|
-
|
369,022
|
|||||||||||||||
|
4,482,777
|
||||||||||||||||||||
|
Segment liabilities
|
676,832
|
-
|
2,542,390
|
-
|
3,219,222
|
|||||||||||||||
|
Capital expenditure
|
18,273
|
-
|
556,116
|
-
|
574,389
|
|||||||||||||||
| * |
Associated Company – See Note 10.A.2 and 10.C.b. |