MediClin AG: Group sales increased to EUR 509.7 mill., preliminary Group operating result amounts to EUR 4.3 mill.

Offenburg, March 1, 2013 – In the 2012 financial year MEDICLIN Aktiengesellschaft (MediClin) achieved Group sales in the amount of EUR 509.7 mill. (2011: 493.6 Mio. Euro) which is EUR 16.1 mill. above previous year’s value. The preliminary Group operating result amounts to EUR 4.3 mill. (2011: EUR 12.6 mill.). The Group operating result is burdened in 2012 by higher other operating expenses, special items and one-time effects towards the end of the year in the range of EUR 2.8 million and higher staff costs. The preliminary result attributable to shareholders of MediClin AG accounts for EUR -1.4 mill. (2011: EUR 3.1 mill.).

In 2012 nearly 2.6 million nursing days were provided and more than 121 thousand cases were treated. In the Group the occupancy was 86.3% clearly above the previous year’s figure (2011: 84.8%).

The number of staff, calculated on the basis of full-time staff, increased on an annual average by 157 employees and was on average in 2012 at 6,256 full-time employees (2011: 6,099 full-time employees).

EUR 27.3 mill. (gross capital expenditure) were invested  in 2012 (2011: EUR 29.9 mill.). The cashflow from operating activities amounts to EUR 16.2 mill. (2011: EUR 15.6 mill.).

On the cost side raw materials and consumables used increased only slightly up to EUR 111.2 mill. The cost of materials ratio decreased to 21.8% (2011: 22.4%) due to increased sales. Staff costs increased by EUR 13.4 mill. up to EUR 290.4 mill. The staff costs ratio is 57.0% (2011: 56.1%). Other operating expenses amounted to EUR 94.5 mill. (2011: EUR 89.3 mill.) and were above last years value due to higher rental and leasing expenses, higher repair and maintenance and higher legal and advisory costs.

Despite higher occupancy in both segments post-acute and acute the segment results were below last year

EUR 13.7 mill. out of EUR 16.1 mill. sales increase applied to the post-acute segment. Sales of the acute segment decreased slightly by EUR 0.7 mill. The result of the post-acute segment lies at EUR 2.6 mill. (2011: EUR 2.8 mill.) due to a strong decrease in occupancy at the end of the year. The acute segment result decreased to EUR 7.2 mill. from EUR 15,5 mill. because additional services were not or not totally compensated and especially staff costs increased compared to last year. The development of the business field nursing care was very satisfying, sales increased by EUR 1.1 mill. to EUR13.1 mill. The occupancy was at 96.2% (2011: 94.7%).

The balance sheet and analyst conference will take place on March 22, 2013 in Frankfurt. From that day onwards also our annual report 2012 will be available at www.mediclin.de

 
Preliminary key figures – yoy comparison and quarterly development of the Group and the segments

About MediClin AG (Ticker: MED; WKN: 659 510)

MediClin AG is a nation-wide clinic operator and large provider of services in the area of Psycho- and Neuro-sciences as well as Orthopaedic. With 34 clinics and 7 nursing care facilities and 11 Medizinische Versorgungszentren (medical care units) in 11 federal states MediClin has a total capacity of approximately 8,100 beds. MediClins’ facilities include acute care clinics, i.e., general hospitals, special treatment facilities, specialised hospitals and clinics for post-acute treatment and medical rehabilitation. MediClin has approximately 8,500 employees.