Topsil Semiconductor Materials A/S reported parent and group earnings results for the full year ended December 31, 2011. For the period, the parent has reported revenue of DKK 283,706,000 compared to DKK 342,398,000 for the same period a year ago. Operating profit (EBIT) was DKK 41,938,000 compared to DKK 95,155,000 for the same period a year ago. Profit before income taxes was DKK 46,251,000 compared to DKK 91,966,000 for the same period a year ago. Profit for the year was DKK 33,954,000 compared to DKK 67,876,000 for the same period a year ago. Diluted earnings per share was DKK 0.06 compared to DKK 0.12 for the same period a year ago. Cash flows used in operating activities was DKK 19,421,000 compared to cash flows provided by operating activities of DKK 103,586,000 for the same period a year ago. Acquisition etc. of property, plant and equipment was DKK 86,813,000 compared to DKK 26,815,000 for the same period a year ago. For the period, the group has reported revenue of DKK 367,439,000 compared to DKK 456,705,000 for the same period a year ago. Operating profit (EBIT) was DKK 6,027,000 compared to DKK 89,047,000 for the same period a year ago. Loss before income taxes was DKK 3,271,000 compared to profit of DKK 81,836,000 for the same period a year ago. Loss for the year was DKK 6,818,000 compared to profit of DKK 63,013,000 for the same period a year ago. Diluted loss per share was DKK 0.01 compared to EPS of DKK 0.12 for the same period a year ago. Cash flows used in operating activities was DKK 276,000 compared to cash flows provided by operating activities of DKK 92,659,000 for the same period a year ago. Acquisition etc. of property, plant and equipment was DKK 102,945,000 compared to DKK 47,860,000 for the same period a year ago. EBITDA was DKK 35,106,000 compared to DKK 102,040,000 for the same period a year ago. Negative return on equity was 1.4% compared to positive of 19.6% for the same period a year ago. For 2012, the company expects revenue to decline by 5-10% relative to 2011. EBITDA is expected to be approximately DKK 40-50 million against DKK 35 million in 2011.