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ALTUR S.A. - ALT

Preliminary financial results 2017

Release Date: 2/15/2018 6:30:10 PM

IRIS Code: FB8C5

 

 

 

 

 

 

 

 

 

             ALTUR S.A.
 
FINANCIAL RESULTS  PRELIMINARY
                                           For the financial year ended 31 December 2017
 
 
 
 
 
 
NOTE
 

 

 

 

 
     The preliminary financial results presented are reported in accordance with the Order of the Minister of Public Finance no.2844 / 2016, which is in line with the International Financial Reporting Standards (IFRS) adopted by the European Union.
     The preliminary financial results presented at this date are not audited.
 
 
 
 
 
 
 
 
 
 
 

 

 

 

 

 

 

 

 

 

Situation of the financial position

for the financial year ended December 31, 2017

             

 

 

 

31 December 2016

 

31 December    2017

 

 

 

 

RON

 

RON

 

ASSETS

 

 

 

 

 

 

 

Intangible assets

 

 

234.446

 

130.248

 

Tangible assets

 

 

53.678.378

 

53.467.257

 

Titles at fair value through profit or loss

 

 

15.882.633

 

110.044

 

Shares held in subsidiaries

 

 

4.364.700

 

-

 

Other fixed assets

 

 

1.204.159

 

1.204.159

 

TOTAL Fixes Assets

 

 

75.364.316

 

54.911.708

 

Current assets

 

 

 

 

 

 

Stocks

 

 

27.823.712

 

27.965.434

 

Commercial and similar receivables

 

 

32.103.487

 

43.768.666

 

Expenses registered in advance

 

 

498.837

 

278.129

 

Cash and cash equivalents

 

 

296.905

 

232.142

 

TOTAL CURRENT ASSETS

 

 

60.722.941

 

72.244.371

 

 

 

 

 

 

 

 

TOTAL ASSETS

 

 

136.087.257

 

127.156.079

 

OWN CAPITAL AND LIABILITIES

 

 

 

 

 

 

Personal capital

 

 

 

 

 

 

Total Social Capital, out of which:

 

 

279.882.400

 

279.882.400

 

- Subscribed capital

 

 

82.434.541

 

82.434.541

 

- Adjustments of share capital

 

 

197.447.859

 

197.447.859

 

Prime capital

 

 

(1.101.122)

 

(1.101.122)

 

Legal reserve and other capital reserves

 

 

6.200.076

 

6.260.740

 

Revaluation reserves

 

 

19.604.684

 

19.544.021

 

Reported result

 

 

(241.464.844)

 

(241.223.065)

 

 

 

 

 

 

 

 

Total equity

 

 

63.121.194

 

63.362.974

 

Long-term debt

 

 

 

 

 

 

Loans and interest-bearing loans

 

 

7.567.707

 

1.816.351

 

Commercial debts - immovable suppliers

 

 

2.582.221

 

1.405.982

 

subsidies

 

 

3.905.795

 

3.191.436

 

Deferred tax liabilities

 

 

1.413.940

 

1.360.360

 

Current debts

 

 

 

 

 

 

Commercial and similar debts

 

 

26.395.793

 

31.611.983

 

Loans and interest-bearing loans

 

 

31.100.607

 

24.406.993

 

Profit tax on payment

 

 

-

 

-

 

Total equity and debt

 

 

136.087.257

 

127.156.079

 

 

Chairman of the Board of Directors

Nitu Rizea Gheorghe

 

  General  Manager                                                                    

    Ec. Burca Sergiu  

                                                                    

Chief financial officer

 Ec. Predut Vasile Cornel

 

 

 

SITUATION OF THE GLOBAL RESULT AT 31 DECEMBER 2017

 

 

 

 

 

Year ended

31 December 2016

 

Year ended

31 December

 2017

 

 

 

 

RON

 

RON

 

RON

 

 

 

 

 

 

 

Sale of goods

 

 

91.062.445

 

97.620.425

 

Service provision

 

 

493.782

 

116.188

 

Rental income

 

 

69.344

 

88.261

 

Turnover

 

 

91.625.571

 

97.824.874

 

Other operating revenues

 

 

1.171.804

 

6.185.975

 

Changes in stocks of finished goods and production in progress

 

 

353.955

 

1.815.367

 

TOTAL REVENUE FROM THE OPERATIONS

 

 

93.151.330

 

105.826.216

 

 

 

 

 

 

 

 

Expenditure on raw materials and consumables

 

 

48.031.287

 

52.041.294

 

Employee Benefits Expenditures

 

 

24.199.984

 

28.105.458

 

Expenses with amortization of fixed assets

 

 

5.642.516

 

5.690.645

 

Depreciation costs of fixed assets

 

 

-

 

-

 

Utilities expenses

 

 

5.656.197

 

6.321.800

 

Other expenses

 

 

8.979.108

 

13.328.465

 

TOTAL EXPENDITURE

 

 

92.509.092

 

105.487.662

 

 

 

 

 

 

 

 

PROFIT / (LOSS OF OPERATION)

 

 

642.238

 

338.554

 

 

 

 

 

 

 

 

Financial Income

 

 

3.515.422

 

21.700.864

 

Financial costs

 

 

4.460.422

 

21.851.219

 

FINANCIAL PROFIT / (LOSS)

 

 

(945.000)

 

(150.355)

 

 

 

 

 

 

 

 

TOTAL INCOME

 

 

96.666.752

 

127.527.080

 

TOTAL EXPENSES

 

 

96.969.514

 

127.338.881

 

PROFIT / LOSS () GROSS (A)

 

 

(302.762)

 

188.199

 

Profit tax expense

 

 

-

 

-

 

Income from deferred tax

 

 

 

53.580

 

53.580

 

THE PROFIT/LOSS()OF THE FINANCIAL YEAR

 

 

(249.182)

 

241.779

 

 

 

 

 

 

 

 

TOTAL GLOBAL OUTPUT FOR THE PERIOD

 

 

(249.182)

 

241.779

 

BASIC  RESULT/ DILUTED PER  SHARE

 

 

(0,0003)

 

0,0003

 

 

 

Chairman of the Board of Directors

Nitu Rizea Gheorghe

 

   General  Manager                                                                                 

     Ec. Burca Sergiu                                                                                 

Chief financial officer

Ec.Predut Cornel

 



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