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SIF OLTENIA S.A. - SIF5

Annual report 2016

Release Date: 4/5/2017 8:54:26 AM

IRIS Code: 3F48C

ANNUAL REPORT as of 31.12.2016

 

SIF OLTENIA SA activity during the year 2016 has been carried out in accordance with the strategy approved by the OGSM.

 

As of  31.12.2016, the market value of the company's assets – evaluated according to ASF Regulation no. 9/2014 – amounted to 1,570,989,901 lei.

 

The financial assets of share type had a market value of 1,514,995,674 lei -  96.44% of the total managed assets, respectively.

 

The portfolio companies number as of 31.12.2016 was 52, compared to 56 as of 31.12.2015. The nominal value of the managed portfolio was of  522,663,899 lei and the market value of the managed portfolio was of 1,514,995,674 lei, 189.86% higher than the nominal value.

 

The net profit recorded as of 31.12.2016 amounted to 101,271,377 lei, higher by 0.89% than the one proposed in the Income and Expenditure Budget for the year 2016.

 

Top 10 companies from SIF OLTENIA SA portfolio as of 31.12.2016:

 

No

Issuer Name

Market value according to FSA Regulation no.9/2014

- lei -

Weight in share capital of issuer

(%)

Weight in total asset of SIF

(%)

Weight in net asset of SIF

(%)

1

BANCA COMERCIALA ROMANA S.A. Bucuresti

closed

388,952,975

6.2973

24.7585

26.0187

2

OMV PETROM S.A. Bucuresti

Premium

182,830,572

1.2367

11.6379

12.2303

3

BRD – Groupe Societe Generale Bucuresti

Premium

179,897,058

2.1729

11.4512

12.0341

4

BANCA TRANSILVANIA S.A. Cluj Napoca

Premium

97,633,903

1.1228

6.2148

6.5311

5

ARGUS S.A. Constanta

AeRO

92,533,704

86.2050

5.8902

6.1900

6

C.N.T.E.E. TRANSELECTRICA  Bucuresti

Premium

82,453,266

3.8521

5.2485

5.5156

7

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

Premium

53,176,662

1.5362

3.3849

3.5572

8

ANTIBIOTICE S.A. Iasi

Premium

48,042,512

13.7620

3.0581

3.2138

9

FLAROS S.A. Bucuresti 

AeRO

39,452,608

81.0386

2.5113

2.6391

10

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

Premium

 38,793,225

0.4026

2.4693

2.5950

 

T O T A L

1,203,766,485

-

76.6247

80.5249

 

Total asset

1,570,989,901 lei

Net asset

1,494,899,450 lei

Net asset value per share

2.5767  lei

 

The main economical-financial results as of 31.12.2016

No.

Indicator Name

Achieved

31.12.2016

- lei -

Annual forecasts

IEB 2016

- lei -

31.12.2016 /

IEB 2016

(%)

1

TOTAL INCOMES

150,471,930

247,333,000

60.84

2

TOTAL EXPENDITURES

32,466,842

141,793,650

22.90

3

GROSS RESULT - Profit

118,005,088

105,539,350

111.81

4

PROFIT TAX

16,733,711

5,162,296

324.15

5

NET RESULT- Profit

101,271,377

100,377,054

100.89

 

SIF OLTENIA SA informs the investors that the ANNUAL REPORT as of 31.12.2016 will be available starting from 05.04.2017, at the internet address:

 

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

 

The ANNUAL REPORT will be available to those concerned starting from the same date, at SIF Oltenia SA head office from Craiova, 1 Tufanele St.

 

Associate Professor PhD Ec. Tudor CIUREZU

Chairman / General Manager

 

Ec. Viorica BALAN

Internal Control / Compliance

 



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