Your Family Entertainment AG / Final Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc ANNOUNCEMENT according to
Sec. 15 German Securities Trading Act (WphG)
Your Family Entertainment AG Announces Figures for the Financial Year 2006
Munich, March, 15th, 2007 Your Family Entertainment AG in Munich, (ISIN
DE 000 540 8918, WKN 540891,540893) achieved sales of K-EURO 3,663 in the
past financial year 2006 compared with K-EURO 7,043 in the comparable
period of 2005. These results are made up of sales of K-EURO 3,106
(previous year K-EURO 5,501) by the licensed sales division and K-EURO 557
(previous year 1,902) by the production division. Earnings before
depreciation, interest and taxes (EBITDA) are K-EURO 2,180 compared with
K-EURO 2,266 in the previous year. Earnings before interest and taxes
(EBIT) were K-EURO 1,227 compared with a loss of K-EURO 21,049 in the
comparable prior year period. In total a net income of K-EURO 1,011 was
generated in financial year 2006 compared with K-EURO 977 in the comparable
prior year period. There were no liabilities to banks leading to interest
expenses on the balance sheet cut-off date. A positive cash flow of K-EURO
477 (previous year: minus K-EURO 1,670) was generated from current business
operations. Your Family Entertainment AG had a shareholders’ equity of
K-EURO 6,723 (previous year: K-EURO 5,712) on 31.12.2006 and was able once
more to increase its equity ratio to 55.4% (previous year: 46.8%).
The annual financial statements were prepared in accordance with generally
accepted accounting principles as laid down by the regulations in §§ 242 to
256 and §§ 264 to 288 of the German Commercial Code ('HGB') and the special
provisions of the German Companies Law. The board of management and the
supervisory board have decided for commercial reasons only to prepare the
financial accounts of the reporting year in accordance with the German
Civil Code and no longer in accordance with IFRS. Accordingly, only data in
accordance with the Commercial Code in comparison with the relevant prior
year data is shown in the financial statements of the reporting year.
The complete 2006 Annual Report will shortly be available for downloading
on the company’s home-page under http://www.yfe-ag.com (heading Investor
Relations, Financial Reports).
The change of name from RTV Family Entertainment AG to Your Family
Entertainment AG approved by the annual general shareholders’ meeting was
carried out in November 2006 and the company’s head office transferred to
Munich.
Contact:
YFE Investor Relations
Edmund Appelt
Tel. +49 (0)89 / 99 72 71-22
Fax: +49 (0)89 / 99 72 71-91
Mail: edmund.appelt@yfe-ag.de
www.yfe-ag.com
DGAP 15.03.2007
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Language: English
Issuer: Your Family Entertainment AG
Nordendstr. 64
80801 München Deutschland
Phone: +49 (0)89 997 271-11
Fax: +49 (0)89 997 271-91
E-mail: ir@yfe-ag.de
www: www.yfe-ag.de
ISIN: DE0005408918
WKN: 540891
Indices:
Listed: Geregelter Markt in Frankfurt (General Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, Hamburg, Düsseldorf
End of News DGAP News-Service
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