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SIF OLTENIA S.A. - SIF5

2017 H1 financial results

Release Date: 8/2/2017 8:05:30 AM

IRIS Code: 58EA4

THE REPORT OF THE ADMINISTRATION BOARD

on the simplified interim individual financial statements for 30.06.2017

 

HALF-YEARLY REPORT

under R.N.S.C.  / F.S.A.  Regulations no. 1/2006

 

The activity of S.I.F. OLTENIA S.A. during the first semester of 2017 was conducted in accordance with the strategy approved by O.G.S.M.

 

Net profit recorded on 30.06.2017 is of 39,351,637 RON and represents 55.34% of that proposed through I.E.B. for the entire year 2017.

 

Revenues from shares sales were of 15.34 mil. RON, and total investments in shares were of 23.29 mil. RON.

 

Financial assets such as shares have a market value of 1,690,536,398 RON, representing 96.27% of total assets under management.

 

Top 10 companies in the portfolio of S.I.F. OLTENIA S.A. on 30.06.2017:

 

Crt.

no.

Name of issuer

Market value

according to FSA

Regulation 9/2014

- lei -

Weight in the share

capital of  the issuer

 (%)

Weight in

the total asset of

S.I.F.

(%)

Weight in

the net asset of

S.I.F.

(%)

1

BANCA COMERCIALA

ROMANA S.A. Bucuresti    

                                       - closed

463,280,193

6.30

26.38

27.27

2

BRD – Groupe Societe Generale Bucuresti                           

                                   - Premium

206,875,471

2.20

11.78

12.18

3

OMV PETROM S.A.

Bucuresti                         

                                - Premium

200,009,329

1.25

11.39

11.78

4

BANCA TRANSILVANIA S.A. Cluj Napoca                            

                                   - Premium

109,914,897

1.12

6.26

6.47

5

ARGUS S.A. Constanta        

                                      - AeRO

88,832,356

86.21

5.06

5.23

6

C.N.T.E.E. TRANSELECTRICA  Bucuresti                         

                                  - Premium

76,902,949

3.84

4.38

4.53

7

S.N.T.G.N. TRANSGAZ S.A.

Medias                           

                                   - Premium

65,826,534

1.56

3.75

3.88

8

ANTIBIOTICE S.A. Iasi   

                               - Premium

51,859,565

14.25

2.95

3.05

9

S.N.G.N. ROMGAZ S.A. Medias

                              - Premium

47,715,667

0.40

2.72

2.81

10

FLAROS S.A.  Bucuresti                                        

                                                - AeRO

46,849,972

81.04

2.67

2.76

T O T A L

1,358,066,933

 

77.34

79.96

 

 

 - LEI-

Total asset

1,756,019,108

Net asset

1,698,590,522

Unit value of net asset

2.9278

 

Main economic-financial results on 30.06.2017

 

Crt.

no.

 

Name of indicator

Achieved

30.06.2017

- lei -

30.06.2016

- lei -

Annual

provisions

BVC 2017

- lei -

30.06.2017 /

BVC 2017

(%)

1.       

TOTAL INCOME

46,686,747

50,724,289

101,718,700

45.90

2.       

TOTAL EXPENSES

5,054,379

5,552,915

24,452,620

20.67

3.       

GROSS RESULT - Profit

41,632,368

45,171,374

77,266,080

53.88

4.       

PROFIT TAX

2,280,731

3,248,813

6,152,870

37.07

5.       

NET RESULT - Profit

39,351,637

41,922,561

71,113,210

55.34

 

S.I.F. OLTENIA S.A. informs investors that the Half-Yearly Report on 30.06.2017 – prepared in accordance with the provisions of Law no. 297/2004, of Law no. 24/2017, of the R.N.S.C. / F.S.A. Regulations no. 1/2006 and no. 15/2004 and  F.S.A. Regulations no. 9/2014 – will be available, starting on 02.08.2017, 8:30 a.m., at the internet address:

http://www.sifolt.ro/en/reports/2017/sem1/sem1.html

and as well to the link below:

 

https://iris.bvb.ro/FileManager/Uploads/SIF5_20170802075700_RAPORT-SEMESTRIAL-LA-30-06-2017-en.pdf

 

The report will be made available to those interested – starting from the same date – at the headquarters of S.I.F. OLTENIA S.A. of Craiova, Tufanele street, no. 1.

We mention that the financial statements on 30.06.2017are not audited by the external financial auditor of the company.

 

 

Associate Prof. PhD ec. Tudor CIUREZU

Chairman / General Manager

 

ec. Viorica Balan

Internal Control / Compliance

 



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