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CONTED SA - CNTE

2017 Q3 report (complete)

Release Date: 11/15/2017 8:06:40 PM

IRIS Code: 67ED1

 

Synthesis report on the economic and financial indicators

 

   1.   Financial position - lei

 

 

30.09.2017

30.09.2016

% Elements in total assets / total liabilities 2017

% Elements in total assets / total liabilities 2016

%

2017/ 2016

I. Total assets(TA) from which:

11,510,856

11,427,586

100

100.00

0.73

1. Fixed assets from which:

5,338,067

4,165,446

46.37

36.45

28.15

1.1. lands

855,900

842,140

7.44

7.37

1.63

1.2.constructions

3,284,294

2,156,082

28.53

18.87

52.33

1.3. real estate investment

120,287

37,342

1.04

0.32

222.12

1.4. other fixed assets

1,077,586

1,129,882

9.36

9.89

- 4.63

2. Current assets from which:

6,126,001

7,239,803

53.22

63.35

- 15.38

2.1. stocks

1,332,386

1,339,152

11.58

11.72

- 0.51

2.2. liabilities

2,857,212

2,256,020

24.82

19.74

26.65

2.3. cash register and bank accounts

1,936,403

3,644,631

16.82

31.89

- 46.87

3. Other assets

46,788

22,337

0.41

0.20

109.46

II. Total liabilities (TP) from which:

11,510,856

11,427,586

100

100.00

0.73

1.Total debts from which:

1,391,284

1,528,525

12.09

13.37

- 8.98

1.1. with payment under one year

1,099,906

1,476,957

9.56

12.92

- 25.53

1.1.       1.2. with payment longer than one year

263,867

51,568

2.29

0.45

411.69

1.2.       1.3. Provisions for employee benefits

27,511

-

0,24

-

-

3. Equity

10,119,572

9.899.061

87.91

86.62

2.23

 

 From the comparative analysis of the balance sheet items, it was noticed a increase by 28.15% of the fixed assets and a decrease of the current assets by 15.38% compared to 2016. The weight of debt in total assets was only 12.09%  period in which equity oscillated between 86.62% and 87.91% of total assets. 

 

     2. The overall result is the following:  

                                                                                                                                                    - lei

Current no.

Overall result elements

     30.09.2017

     30.09.2016

2017/2016

(%)

1.

Total income

11,060,923

13,102,827

  - 15.58

1.1.

Exploitation income, from which

11,252,469

13,077,386

 - 13.95

1.1.1.

Sales income - turnover

11,046,858

14,109,468

- 21.71

1.2.

Financial income

31,199

25,441

22.63

2.

Total expenses

11,252,469

12,085,138

         - 6.89

2.1.

Exploitation expenses, from which:

11,219,107

12,008,810

- 6.58

2.1.1.

Expenses related to raw materials and materials

893,003

882,139

1.23

2.1.2.

External expenses related to energy and water consumption

698,986

846,233

      - 17.40

2.1.3.

Expenses related to staff

9,134,383

9,604,964

  - 4.90

2.1.4.

Expenses with amortization

349,623

245,269

42.55

2.1.5.

Other exploitation expenses

372,686

430,205

       - 13.37

2.1.6.

Adjustments for provisions

(229,574)

-

-

 

Expenses

-

-

-

 

         Incomes

229,574

-

-

2.2.

Financial expenses

33,362

76,328

- 56.29

3.

Gross profit/loss (1-2) from which:

(191,546)

1,017,689

-

3.1.

Exploitation profit/loss

(189,383)

1,068,576

-

3.2.

Financial activity loss

(2,163)

(50,887)

-

4

Net profit/loss

(191,546)

857,425

-

 

From the analysis of the above mentioned information, we notice a decrease by 21.71% turnover a decrease by 15.58% in the income, as against 2016.

The categories of expenditure, expenses with amortization that increased by 42.55% compared to the same period last year.

 

    3. Cash – Flow

    At the end of the period, the cash has a decrease by 854,149 lei, compared to the beginning of the reporting period. The net cash on September 30th, 2017 is recording a decrease to the amount of 1,708,228 lei (46.87%), compared to the same period of the previous year.

                                                                                                                                                         - lei

 

            30.09.2017

   30.09.2016

  Net cash from the exploitation activities  

 (649,257)

1,731,451

Net cash from the investment activities 

      (3,749)

    (86,283)

Net cash from the financing activities

                (201,143)

            (1,099,835)

Net increase /decrease of cash and cash equivalent

               (854,149)

                 545,333

Cash and cash equivalent at the beginning of the period

   2,790,552

3,099,298

Cash and cash equivalent at the end of the period

   1,936,403

3,644,631

 

     4.  The overall result for the third quarter are as follow:      

                                                                                                                        - lei

Current no.

Overall result elements

Trim. III 2017

Trim. III 2016

2017/2016

(%)

1.

Total income

3,693,934

4,388.259

- 15.82

1.1.

Exploitation income, from which

3,679,543

4,385,356

- 16.09

1.1.1.

Sales income - turnover

4,006,896

4,722,600

- 15.15

1.2.

Financial income

14,391

2,903

395.73

2.

Total expenses

3,805,680

4,043,018

- 5.87

2.1.

Exploitation expenses, from which:

3,731,643

4,018,265

- 7.13

2.1.1.

Expenses related to raw materials and materials

318,298

289,804

- 9.83

2.1.2.

External expenses related to energy and water consumption

205,941

271,104

- 24.04

2.1.3.

Expenses related to staff

3,057,664

3,267,345

- 6.42

2.1.4.

Expenses with amortization

107,229

80,911

32.53

2.1.5.

Other exploitation expenses

138,624

109,101

27.06

2.1.6.

Adjustments for provisions

(26,113)

-

-

 

Expenses

-

-

-

 

         Incomes

26,113

-

-

2.2.

Financial expenses

4,037

24,753

- 83.69

3.

Gross profit/loss (1-2) from which:

(111,746)

345,241

-

3.1.

Exploitation profit/loss

(122,100)

367,091

-

3.2.

Financial activity profit

10,354

21,850

-

4

Net profit/loss

(111,746)

285,954

-

               

 

                General Manager,                                                                                           Chief Economic Office,

                Ec. Manuel Popa                                                                                             Ec. Mihai Elena

 

 

 

Chairman of the Board of Directors,

Eng.  Manole  Popa



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