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UCM RESITA S.A. - UCM

2017 Q1 financial results

Release Date: 5/15/2017 9:29:00 AM

IRIS Code: DC5D9

 

 

 

CURRENT REPORT

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

 

 

Date of report: 15.05.2017

Name of the issuing trading 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

Headquarters: Resita, Golului Street, no. 1, 320053, Caras-Severin County

Phone: 0255/217111; Fax: 0255/223082

Unique registration code: 1056654

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

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

The regulated market on which the issued securities are traded: Bucharest Stock Exchange
Important events to report:
Quarterly Report for the First Quarter of 2017

 

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

The Quarterly Report can be found, starting with 15.05.2017 04:00 PM, on the website http://www.ucmr.ro

Starting with the same date, the parties interested in can apply, on written request, in order to obtain a copy of these documents. The application will be filed/forwarded directly to the administrative headquarters of the company (working place) in Resita, Golului Street no. 1, 320053, Caras-Severin County or to the fax number 0255/223082.

SC U.C.M. Resita S.A. informs the wide audience that the company's financial statements for the first quarter of 2017 are not audited.

The table below shows the evolution, on 31 March 2017, of the main indicators computed on the basis of the Profit and Loss Account, compared to the same period of the previous year:

                                                                                                                                                   Lei

No.

Designation of items

31.03.2016

31.03.2017

1

Turnover (2+3-4)

10.363.460

12.186.606

2

Production sold

10.380.460

12.186.331

3

Revenues from sale of goods

678

275

4

Trade discounts granted

17.678

0

5

Changes in stocks:                         Credit balance

538.956

0

                                                        Debit balance

0

1.816.692

6

Capitalized production

0

0

7

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

10.902.416

10.369.914

8

Other operating revenues  

685

98.169

9

Operating revenues, total (7+8)

10.903.101

10.468.083

10

Financial revenues, total

304.900

282.395

 

Total revenues (9+10)            

11.208.001

10.750.478

           The structure of operating revenues is as follows:

                                                                                                               Lei

No.

Designation of items

 31.03.2016

 31.03.2017

1

Turnover

95.05%

116.42%

2

Changes in stocks             

4.94%

-17.35%

3

Capitalized production

0.00%

0.00%

4

Other operating revenues 

0.01%

0.94%

 

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

 31.03.2016

 31.03.2017

1

Material expenses

3.622.908

4.850.408

2

Other external expenses (energy and water)

1.500.400

1.607.326

3

Expenses on goods

-

 -

4

Expenses with the personnel              

6.701.951

7.023.802

5

Adjustments

2.063.436

1.690.023

6

Other operating expenses       

1.439.552

1.294.298

 

Operating expenses, total

15.328.247

16.465.857

           Over the same period of 2016, on 31.03.2017 is noticed an increase of the operating expenses by 7.42%. This was mainly due to an increase in costs with materials. 

           The structure of operating expenses is as follows:

No.

Designation of items

 31.03.2016

 31.03.2017

1

Material expenses

23.64%

29.46%

2

Other external expenses (energy and water)

9.79%

9.76%

3

Expenses on goods

0.00%

0.00%

4

Expenses with the personnel              

43.72%

42.66%

5

Adjustments

13.46%

10.26%

6

Other operating expenses       

9.39%

7.86%

 

TOTAL

100.00%

100.00%

           The evolution of the results is shown below:   

                                                                                                                      Lei 

No.

Designation of items

 31.03.2016

 31.03.2017

1

Operating revenues

10.903.101

10.468.083

2

Operating expenses

15.328.247

16.465.857

3

Operating result

(4.425.146)

(5.997.774)

4

Financial revenues

304.900

282.395

5

Financial expenses

1.130.239

413.267

6

Financial result

(825.339)

(130.872)

7

Profit tax

-

-

8

Net result of the accounting year

(5.250.485)

(6.128.646)

The net result of the accounting year for the first quarter of 2017 is materialized in a net loss of 6,128,646 lei compared to the same period of 2016 when the net result of the accounting year was materialized in a net loss of 5,250,485 lei, namely an increase of 16.73%.

 Special Trustee

Cosmin URSONIU

  

Special Trustee

Nicoleta Liliana IONETE

 



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