08 September 2010
Real Madrid closed out the 2009/10 fiscal year with gross revenue of 442.3 million euros, an 8.6% increase from last year.
|Earnings before player transfers||407.3||442.3||+8.6%|
|EBITDA before player transfers||93.1||111.6||+19.8%|
|Efficiency ratio of Personnel Expenditures/Earnings||46%||43%||-|
|Earnings after amortization||29.1||43.9||+50.9%|
|Earnings before taxes||24.9||31.0||+24.2%|
|Net assets on 30 June||195.9||219.7||+12.2%|
|Net debt on 30 June||326.7||244.6||-25.1%|
|Debt/net assets ratio||1.7||1.1||-|
Net assets increased 12.2% and reached 219.7 million euros.
Net debt decreased 25.1% and reached 244.6 million euros, 82.1 million euros less than the previous fiscal year.
The Net debt ratio over earnings decreased from 3.1 to 1.7, while with respect to net assets it decreased from 1.7 to 1.1. This substantial improvement of solvency indicators gives Real Madrid a higher credit rating.