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UCM RESITA S.A. - UCM

2017 H 1 financial results

Release Date: 8/16/2017 8:54:55 AM

IRIS Code: 2F958

 

 

    Current report

According to the Regulation C.N.V.M. no. 1/2006

 

 

 

Date of report: 16.08.2017

Name of the issuing company: U.C.M. Resita S.A.

Registered office: Montreal Square, No. 10, World Trade Center Building, Entrance F, 1st Floor, Office no. 1.50, Sector 1, Bucharest

Administrative headquarters: Resita, Golului Street, no. 1, 320 053, Caras Severin County

Tel: 0255/217111; Fax: 0255/223082

Unique registration code: 1056654

Number at the Trade Register Office: J 40/13628/2011

Subscribed and paid-up capital: 10,993,390.40 lei

Regulated market where the issued securities are traded: Bucharest Stock Exchange

Important events to report: Report for the first half of 2017

  

S.C. U.C.M. Resita S.A. informs the general public about the availability of the Report for the first half of 2017.

The Report for the first half can be found, as of 16.08.2017 at 04:00 PM., on the website http://www.ucmr.ro

As of the same date, the persons interested may, on written request, obtain a copy of these documents. The application will be submitted/sent directly to the administrative headquarters of the company (workstation) located in Resita, Golului Street, no. 1, 320 053, Caras-Severin County or at fax number 0255/223082.

S.C. U.C.M. Resita S.A. informs the general public that the financial statements of the company for the first half of 2017 are not audited.

 

The table below shows the evolution of the main indicators on 30.06.2017, calculated based on the account of profit and loss compared to the same period of the last year:

                                                                                                                           Lei

No.

Designation of items

30.06.2016

30.06.2017

1

Turnover (2+3-4)

27.172.878

16.305.411

2

Production sold

27.189.413

16.304.933

3

Revenues from sale of goods

1.143

478

4

Trade discounts granted

17.678

-  

5

Changes in stocks:                         Credit balance

 -  

 -  

                                                        Debit balance

1.475.511

1.619.634

6

Capitalized production

 -  

 -  

7

Production of accounting year (1+/-5+6)

25.697.367

14.685.777

8

Other operating revenues  

8.088

112.874

9

Operating revenues, total (7+8)

25.705.455

14.798.651

10

Financial revenues, total

579.339

562.618

11

Total revenues (9+10)            

26.284.794

15.361.269

 The structure of operating revenues is as follows:

 

No.

Designation of items

 30.06.2016

 30.06.2017

1

Turnover

105.71%

110.18%

2

Changes in stocks             

-5.74%

-10.94%

3

Capitalized production

0.00%

0.00%

4

Other operating revenues 

0.03%

0.76%

 

TOTAL

100.00%

100.00%

The expenses that have a higher share in the total expenses of the company are shown below:

                                                                                                                                   Lei

No.

Designation of items

 30.06.2016

 30.06.2017

1

Material expenses

6.921.039

6.233.523

2

Other external expenses (energy and water)

2.453.424

2.347.449

3

Expenses on goods

 -  

 -  

4

Expenses with the personnel               

13.544.339

13.855.617

5

Adjustments

4.201.098

3.326.822

6

Other operating expenses       

3.067.628

2.674.526

 

Operating expenses, total

30.187.528

28.437.937

 

Over the same period of 2016, on 30.06.2017 is noticed an increase of the operating expenses by 5.80%. This was mainly due to an increase in costs with materials. 

The structure of operating expenses is as follows:

No.

Designation of items

 30.06.2016

 30.06.2017

1

Material expenses

22.93%

21.92%

2

Other external expenses (energy and water)

8.13%

8.25%

3

Expenses on goods

0.00%

0.00%

4

Expenses with the personnel              

44.87%

48.72%

5

Adjustments

13.92%

11.70%

6

Other operating expenses       

10.16%

9.40%

 

TOTAL

100.00%

100.00%

The evolution of the results is shown below:   

                                                                                                                                             Lei

No.

Indicator name

 30.06.2016

 30.06.2017

1

Operating revenues

25.705.455

     14.798.651

2

Operating expenses

30.187.528

     28.437.937

3

Operating result

        (4.482.073)

   (13.639.286)

4

Financial revenues

            579.339

         562.618

5

Financial expenses

          1.315.361

         805.081

6

Financial result

           (736.022)

        (242.463)

7

Profit tax

                     -  

                  -  

8

Net result of the accounting year

         (5.218.095)

    (13.881.749)

 

The net result on 30.06.2017  materialized in a net loss of 13.881.749 lei compared to the same period of 2016 when the net result of the accounting year was materialized in a net loss of 5.218.095 lei.

 

Special Trustee

Cosmin URSONIU

  

Special Trustee

Nicoleta Liliana IONETE

 



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