EQS-News: Kapsch TrafficCom AG: Specification of cash inflow and pro forma simulation of impact on financial indicators from settlement in Germany.

EQS-News: Kapsch TrafficCom AG / Key word(s): Scheme of Arrangement
Kapsch TrafficCom AG: Specification of cash inflow and pro forma simulation of impact on
financial indicators from settlement in Germany.

06.09.2023 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Specification of cash inflow and pro forma simulation of impact on financial indicators
from settlement in Germany.

Vienna, September 6, 2023 – Kapsch TrafficCom AG expects from today's perspective a cash
inflow in the amount of EUR 99.5 million from the settlement in Germany.

As already published by ad hoc announcement on July 5, 2023, autoTicket GmbH, a joint
venture of CTS Eventim AG Co. KGaA and Kapsch TrafficCom AG, which is held in equal
shares, reached a settlement with the Federal Republic of Germany on that day to end the
arbitration proceedings conducted due to the termination of the operations contract for
the collection of the infrastructure charge ("passenger car toll"). autoTicket GmbH
expected a payment in the amount of EUR 243 million as a result of this agreement. At
that time, Kapsch TrafficCom AG expected an inflow of at least approximately EUR 80
million.

On July 25, 2023 Kapsch TrafficCom AG informed in a press release that the settlement
agreement had by then been finalized, executed and became effective and that the
arbitration proceedings had thus been completed. Kapsch TrafficCom AG also confirmed that
the payment of the amount of EUR 243 million to autoTicket GmbH by the Federal Republic
of Germany had already been effected.

A pro forma simulation of the impact of the cash inflow in the currently expected amount
of EUR 99.5 million and the subsequent repayment of financial liabilities on the balance
sheet as of the first quarter of financial year 2023/24 (as of June 30, 2023; published
on August 17, 2023 – therefore under the fictitious assumption that the cash inflow and
the repayment had already been effected as of June 30, 2023) shows in particular the
following pro forma changes in the balance sheet as of June 30, 2023:

  • Pro forma net debt decreases from EUR 208 million to EUR 130 million.
  • Pro forma gearing ratio lowers from 491% to 130%.
  • Pro forma total assets decrease by EUR 39 million to EUR 443 million.
  • Pro forma equity ratio increases from 9% to 21%.

Further changes to the cash inflow and the impact on the financial indicators are
possible and will be specified in the report on the first half of financial year 2023/24.

 

Kapsch TrafficCom is a globally renowned provider of transportation solutions for
sustainable mobility with successful projects in more than 50 countries. Innovative
solutions in the application fields of tolling, tolling services, traffic management and
demand management contribute to a healthy world without congestion.

With one-stop-shop-solutions, the company covers the entire value chain of customers,
from components to design and implementation to the operation of systems.

Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in more than 25
countries and is listed in the Prime Market segment of the Vienna Stock Exchange (ticker
symbol: KTCG). In its 2022/23 financial year, about 4,000 employees generated revenues of
EUR 553 million.

 

Press contacts:                                            Investor contact:
                              Sandra Bijelic                
Carolin Treichl               Head      of       Corporate Marcus Handl, Valerie Riegler
Executive Vice President      Communications               Investor Relations team
Marketing & Communications    Kapsch TrafficCom AG         Kapsch TrafficCom AG
Kapsch Aktiengesellschaft     Am Europlatz 2               Am Europlatz 2
Am Europlatz 2                1120 Vienna, Austria         1120 Vienna, Austria
1120 Vienna, Austria          T +43 50 811 1720            T +43 50 811 1122
T +43 50 811 1710             [2]sandra.bijelic@kapsch.net [3]ir.kapschtraffic@kapsch.net
[1]carolin.treichl@kapsch.net                               

 

Further information: [4]www.kapsch.net/ktc  Follow us on Twitter and LinkedIn

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06.09.2023 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com

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   Language:    English
   Company:     Kapsch TrafficCom AG
                Am Europlatz 2
                1120 Vienna
                Austria
   Phone:       +43 50811 1122
   Fax:         +43 50811 99 1122
   E-mail:      ir.kapschtraffic@kapsch.net
   Internet:    www.kapschtraffic.com
   ISIN:        AT000KAPSCH9
   WKN:         A0MUZU
   Listed:      Vienna Stock Exchange (Official Market)
   EQS News ID: 1719495


    
   End of News EQS News Service


   1719495  06.09.2023 CET/CEST

References

   Visible links
   1. mailto:carolin.treichl@kapsch.net
   2. mailto:sandra.bijelic@kapsch.net
   3. mailto:ir.kapschtraffic@kapsch.net
   4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=25fd54bf6c0802ed7fac49ea41fcacb1&application_id=1719495&site_id=apa_ots_austria&application_name=news

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