Profits Total ISK 662 Million After Calculated Taxes for the Year 2003
The yearly financial report for the year 2003 was presented at the IPC Board meeting on 24th March, 2004. Taking taxes into account, the profit amounts to around 662 million kronur. The yearly report includes the figures from IPC and its subsidiary companies. It is in the same format as the previous year.
Joint overhead was 7,747 million kronur for the year 2003, compared to 7,947 million kronur for the year 2002. Financial profit after tax and depreciation (EBITDA) was 632 million kronur, compared to 522 million kronur in 2002.