Advance Derivative Solutions JSC - Sofia - Financial Ratios

1. Profitability
	2007	2006	2005	2004	2003
1.1. Return on sales	-0.09	84.60	0.25	0.25	0.47
1.2. Return on Shareholders' Equity	0.00	0.82	0.02	0.02	0.04
1.3. Return on liabilities	0.00	0.93	0.04	0.06	0.08
2. Liquidity
2.1. Current liquidity	2.19	2.08	2.60	4.80	6.43
2.2. Acid test liquidity	2.19	2.08	2.60	4.80	6.43
2.3. Absolute liquidity	0.55	0.19	0.75	1.63	5.60
3. Autonomity
3.1. Financial autonomity	0.56	0.53	0.66	0.74	0.68
3.2. Debt ratio	1.80	1.88	1.51	1.35	1.46
4. Turnover
4.1. Stock turnover, days	-	-	-	-	-
4.2. Stock turnover, times per year	n.a.	n.a.	n.a.	n.a.	n.a.
4.3. Receivables turnover, days	94 040.90	41 630.98	3 519.40	2 652.56	459.66
5. Effectiveness
5.1. Expenses effectiveness	1.00	1.90	1.41	1.41	2.12
5.2. Revenues effectiveness	1.00	0.53	0.71	0.71	0.47
6. Financial stability
6.1. Working capital owned by the company (WCO)	16 860.00	16 775.00	1 986.00	1 747.00	687.00
6.2. Permanent working capital (PWC)	16 908.00	16 895.00	2 268.00	2 281.00	1 472.00
6.3. Principal stocks forming sources (PSFS)	31 152.00	32 571.00	3 683.00	2 881.00	1 743.00
6.4. Financial stability	n.a.	n.a.	n.a.	n.a.	n.a.
7. Other ratios
7.1. Financial result per share	0.00	0.05	0.00	0.00	0.00