COMPARED TO THE REVISED 2020

BUDGET

COMPARED TO THE 2019

PERFORMANCE

TURNOVER €41.3 M +1.6 % -61.6 %

SUBSIDIES1 €20.6 M consistent consistent

STAFF 839.5 FTE +3.8 FTE -66.2 FTE

PAYROLL €51.5 M -5.4 % -6.8 %

EXPENSES2 €47.1 M +0.2 % -39.0 %

NET PROFIT/LOSS €-34.1 M €+4.3 M €-34.3 M

COVERAGE RATE SUBS / MSP3

69.3 % 91.3 %

NET CASH FLOW €-23.5 M €+6.0 M €-33.1 M

CAPITAL

EXPENDITURE4 €17.1 M €-13.2 M €-4.3 M

WORKING CAPITAL €43.9 M €+17.3 M €-21.2 M

KEY FIGURES FOR 2020

1. Subsidies including effects of MAD scope 2. Expenses = 60+61+62+65 3. Rate of coverage of public service duties by the operating subsidy 4. Investments including capitalised production

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