AGFA corporation is largely a graphic design and commercial printing business. The other
large revenue source for them is medical imaging, now largely digital. They had a digital
imaging division a few years ago, and largely sold off most of it to MicroTek, since AGFA was
losing money on consumer digital imaging. All this is old news available on their web site.

The consumer film division also includes photo finishing, including to "digital" processing
machines to make prints (and handle film) that were introduced a little over one year ago.
The consumer imaging unit was sold to management for around 175 million Euros, though last
year the revenues were around $280 million Euros . . . looks like some profit still there.

The interesting point of all this is that the sale allowed a large write off against
corporate taxes. Rather than showing a profit this year, they will now be able to write off
more by showing a loss of assets. Those assets are mostly inventory and equipment.

The new consumer film division will still have the AGFA name, but be called AGFAPhoto. Looks
to me that they should have little trouble continuing profits, though maybe less than the 46%
profits of last fiscal year.

Compared to the commercial printing business of AGFA, which continues to grow, the consumer
film division brought in a very small percentage of overall revenues. AGFA have largely been
a commercial printing and medical imaging company for several years already.

By the way, you missed many threads about this already on various rec.photo news groups. If
you want some of the latest news, take a look at Ilford.

Ciao!

Gordon Moat
A G Studio
<http://www.allgstudio.com> Updated!