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Tuesday, October 23, 2018 
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CONTED SA - CNTE

H1 2018 report

Release Date: 8/16/2018 8:42:33 AM

IRIS Code: 252FC

 

Synthesis report on the economic and financial indicators

 

1.    Financial position – lei

 

 

30.06.2018

30.06.2017

% Elements in total assets / total liabilities 2018

% Elements in total assets / total liabilities 2017

%

2018/ 2017

I. Total assets (TA) from which:

9,554,061

12,082,707

100.00

100.00

- 20.93

1. Fixed assets from which:

5,059,146

5,445,296

52.95

45.07

- 7.09

1.1. lands

848,662

861,391

8.88

7.13

- 1.48

1.2. constructions

3,111,660

3,350,188

32.57

27.73

- 7.12

1.3. real estate investment

117,964

121,061

1.23

1.00

- 2.56

1.4. other fixed assets

980,860

1,112,656

10.27

9.21

- 11.85

2. Current assets from which:

4,427,057

6,568,208

46.34

54.36

- 32.60

2.1. stocks

2,258,795

1,898,598

23.64

15.71

18.97

2.2. liabilities

1,376,011

2,882,696

14.41

23.86

- 52.27

2.3. cash register and bank accounts

792,251

1,786,914

                    8.29

                 14.79

- 55.66

3. Other assets

67,858

69,203

0.71

0.57

- 1.94

II. Total liabilities (TP) from which:

9,554,061

12,082,707

100.00

100.00

- 20.93

1.Total debts from which:

1,083,506

1,833,601

11.34

15.18

- 40.91

1.1.  with payment under one year

809,951

1,508,619

8.48

12.49

- 46.31

1.1.       1.2. with payment longer than one year

246,871

271,358

2.58

2.25

-.9.02

1.2.       1.3. Provisions for employee benefits

26,684

53,624

0.28

0.44

- 50.24

2. Equity

8,470,555

10,249,106

88.66

84.82

- 17.35

 

From the comparative analysis of the balance sheet items, it was noticed a decrease by 7.09% of the fixed assets and of the current assets by 32.60% compared to 2017. The weight of debt in total assets was only 11.34%, period in which equity oscillated between 84.82% and 88.66% of total assets. 

 

     2. The overall result is the following:    

                                                                                                                                              - lei

Current no.

Overall result elements

30.06.2018

30.06.2017

2018/2017

(%)

1.

Total income

4,943,368

7,366,989

- 32.90

1.1.

Exploitation income, from which

4,930,890

7,350,181

- 32.91

1.1.1.

Sales income - turnover

4,505,220

7,039,962

- 36.00

1.2.

Financial income

12,478

16,808

- 25.76

2.

Total expenses

6,084,444

7,446,789

- 18.29

2.1.

Exploitation expenses, from which:

6,065,375

7,417,463

- 18.23

2.1.1.

Expenses related to raw materials and materials

300,954

574,705

- 47.63

2.1.2.

External expenses related to energy and water consumption

397,336

493,045

- 19.41

2.1.3.

Expenses related to staff

5,282,325

6,076,718

- 13.07

2.1.4.

Expenses with amortization

179,342

242,394

- 26.01

2.1.5.

Other exploitation expenses

256,539

234,062

9.60

2.1.6.

Adjustments for provisions

(351,121)

(203,461)

72.58

 

Expenses

-

-

-

 

         Incomes

351,121

203,461

72.58

2.2.

Financial expenses

19,069

29,326

- 34.98

3.

Result gross – loss from which:

(1,141,076)

(79,800)

1,329.92

3.1.

Result exploitation - loss

(1,134,485)

(67,282)

1,586.17

3.2.

Result financial - loss

(6,591)

(12,518)

- 47.35

4

Result net - loss

(1,141,076)

(54,521)

1,992.91

 

From the analysis of the above mentioned information a decrease by 36.00% turnover a decrease by 32.90% in the income, as against 2017. Compared to the same period last year were expenses decrease by 18.29%.

 

    3. Cash Flow

 

                At the end of the period, the cash has an decrease by (830.288) lei, compared to the beginning of the reporting period. The net cash on June 30th, 2018 is recording an decrease to the amount of (994.663) lei, compared to the same period of the previous year.

                                                                                                                                                           lei

 

            30.06.2018

30.06.2017

  Net cash from the exploitation activities  

(822,779)

(804,933)

Net cash from the investment activities 

      (6,121)

     (3,749)

Net cash from the financing activities

                   (1,388)

              (194,956)

Net increase /decrease of cash and cash equivalent

                (830,288)

            (1,003,638)               

Cash and cash equivalent at the beginning of the period

   1,622,539

 2,790,552

Cash and cash equivalent at the end of the period

      792,251

 1,786,914

 

    

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

                                                                                                                             - lei

Current no.

Overall result elements

Trim. II 2018

Trim. II 2017

2018/2017

(%)

1.

Total income

2,135,119

3,298,178

- 35.26

1.1.

Exploitation income, from which

2,128,695

3,290,393

- 35.31

1.1.1.

Sales income - turnover

1,800,480

2,790,820

- 35.49

1.2.

Financial income

6,424

7,785

- 17.48

2.

Total expenses

2,887,824

3,668,431

- 21.28

2.1.

Exploitation expenses, from which:

2,877,969

3,657,024

- 21.30

2.1.1.

Expenses related to raw materials and materials

189,696

364,993

- 48.03

2.1.2.

External expenses related to energy and water consumption

153,190

202,953

- 24.52

2.1.3.

Expenses related to staff

2,361,966

2,938,909

- 19.63

2.1.4.

Expenses with amortization

83,096

115,765

- 28.22

2.1.5.

Other exploitation expenses

142,158

111,776

 27,18

2.1.6.

Adjustments for provisions

(52,137)

(77,372)

- 32.62

 

Expenses

-

-

-

 

         Incomes

       52,137

      77,372

- 32.62

2.2.

Financial expenses

        9,855

       11,407

- 13.61

3.

Result gross – loss from which:

(752,705)

(370,253)

103.30

3.1.

Result exploitation - loss

(749,274)

(366,631)

104.37

3.2.

Result financial - loss

(3,431)

(3,622)

- 5.27

4

Result net - loss

(752,705)

(309,493)

143.21

               

               

 

Chairman of the Board of Directors,

Eng. Manole Popa


 

 

 

 

Announcement regarding the availability of bi-annual report

 

 

        S.C. CONTED S.A., having its headquarters in Dorohoi locality, str. 1 Decembrie nr. 8, Botosani county, registered at the Trade Register Office with no. J07/107/1991, sole registration code RO622445, informs that the Bi-annual report on 30.06.2018, drafted according to art. 65 of Law 24 of   21 March 2017, is available to the shareholders, investors and to the public, from 16.08.2018, at 10:00 on the website of the company - www.conted.ro, at the Shareholding section.

For additional information, call the phone number: 0231/610067, interior 106, contact: Mihai Elena.

Report can be viewed at the link below.

 

 

 

Chairman of the Board of Directors,

Eng. Manole Popa

 



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