|
|
|
BIOFARM S.A.
-
BIO
2020 Preliminary financial results
Release Date: 2/15/2021 6:09:59 PM
IRIS Code: 26653
BIOFARM S.A.
Unaudited preliminary financial results on 31 December 2020
COMPREHENSIVE INCOME STATEMENT
on 31 December 2020
|
|
31-Dec-20
|
31-Dec-19
|
|
|
|
|
|
Income from sales
|
218.088.098
|
202.755.811
|
|
Income for IFRS 15 adjustment
|
(1.518.832)
|
(7.433.796)
|
|
Other operating income
|
302.634
|
2.033.221
|
|
Changes in inventories
|
1.999.829
|
2.649.831
|
|
|
|
|
|
Raw materials and consumables
|
(39.754.249)
|
(38.122.825)
|
|
Personnel expenses
|
(39.830.034)
|
(33.313.993)
|
|
Amortisation
|
(11.122.897)
|
(8.095.349)
|
|
Other operating expenses
|
(64.169.659)
|
(59.580.890)
|
|
|
|
|
|
Operating profit/ (loss)
|
63.994.890
|
60.892.010
|
|
|
|
|
|
Net financial income / (cost)
|
1.177.052
|
1.576.442
|
|
Losses assessment at fair value real estate investments
|
-
|
-
|
|
|
|
|
|
Profit/ (loss) before tax
|
65.171.942
|
62.468.452
|
|
|
|
|
|
Expenses with taxes
|
(10.625.753)
|
(11.586.633)
|
|
|
|
|
|
Profit / (loss)
|
54.546.189
|
50.881.819
|
|
|
|
|
|
Other elements of the comprehensive income
|
|
|
|
Revaluation of tangible assets
|
-
|
-
|
|
Deferred tax afferent to revaluation
|
-
|
-
|
|
|
|
|
|
Total comprehensive income
|
54.546.189
|
50.881.819
|
STATEMENT OF FINANCIAL POSITION
on 31 December 2020
|
Assets
|
31-Dec-20
|
31-Dec-19
|
|
Tangible assets
|
142.750.794
|
126.454.307
|
|
Real estate assets
|
11.507.054
|
11.533.330
|
|
Intangible assets
|
532.340
|
839.771
|
|
Other fixed assets
|
9.095
|
7.095
|
|
Deferred tax
|
5.703.084
|
4.991.403
|
|
Fixed assets
|
160.502.367
|
143.825.906
|
|
|
|
|
|
Inventories
|
34.060.125
|
18.289.407
|
|
Trade receivables and similar
|
102.562.399
|
93.372.718
|
|
Cash and cash equivalents
|
75.543.584
|
91.128.639
|
|
Current assets
|
212.166.108
|
202.790.764
|
|
|
|
|
|
TOTAL ASSETS
|
372.668.475
|
346.616.670
|
|
|
|
|
|
Debts
|
|
|
|
Trade debts and similar
|
45.388.994
|
54.542.504
|
|
Debts on profit tax
|
1.299.410
|
2.436.362
|
|
IFRS 15 deferred income
|
27.013.997
|
25.495.165
|
|
Provisions
|
6.475.107
|
6.305.310
|
|
Current debts
|
80.177.508
|
88.779.341
|
|
|
|
|
|
Provisions
|
657.827
|
606.998
|
|
Long-term debts
|
657.827
|
606.998
|
|
|
|
|
|
TOTAL DEBTS
|
80.835.335
|
89.386.339
|
|
|
|
|
|
NET ASSETS *
|
291.833.140
|
257.230.331
|
STATEMENT OF FINANCIAL POSITION
on 31 December 2020
|
Share capital and reserves
|
31-Dec-20
|
31-Dec-19
|
|
Share capital
|
98.537.535
|
98.537.535
|
|
Own shares
|
(813)
|
(813)
|
|
Premiums related to the issuance/redemption of own shares
|
(173.154)
|
(173.154)
|
|
Revaluation reserves
|
1.967.642
|
1.967.642
|
|
Reserves
|
23.350.438
|
101.914.398
|
|
Retained earnings
|
113.605.303
|
5.548.864
|
|
Current result
|
54.546.189
|
50.881.819
|
|
Profit distribution
|
-
|
(1.445.960)
|
|
|
|
|
|
TOTAL CAPITALS
|
291.833.140
|
257.230.331
|
FINANCIAL INDICATORS
on 31 December 2020
|
CAPITAL PROFITABILITY AND RETURN
|
31 Decembrie 2020
|
31 December 2019
|
|
|
|
|
|
Efficiency of available capital
|
|
|
|
Profit before interest and tax (A)
|
65.171.942
|
62.432.844
|
|
Share capital (B)
|
292.490.967
|
257.605.183
|
|
A/B
|
22,28%
|
24.24%
|
|
Equity efficiency
|
|
|
|
Net profit (A)
|
54.546.189
|
50.807.707
|
|
Own capital (B)
|
291.833.140
|
257.156.219
|
|
A/B
|
18,69%
|
19.76%
|
|
Operational profit rate
|
|
|
|
Profit before interest and tax (A)
|
65.171.942
|
62.432.844
|
|
Operating income (B)
|
218.871.729
|
200.521.190
|
|
A/B
|
29,78%
|
31.14%
|
|
Net profit rate
|
|
|
|
Net profit (A)
|
54.546.189
|
50.807.707
|
|
Total incomes (B)
|
220.048.782
|
202.097.632
|
|
A/B
|
24,79%
|
25.14%
|
|
Rate of total assets
|
|
|
|
Profit before interests and tax (A)
|
65.171.942
|
62.432.844
|
|
Total assets (B)
|
372.668.475
|
347.014.478
|
|
A/B
|
17,49%
|
17.99%
|
|
|
|
|
|
SOLVENCY
|
31 Decembrie 2020
|
31 December 2019
|
|
Debt rate
|
|
|
|
Total obligations (A)
|
80.835.335
|
89.858.259
|
|
Total assets (B)
|
372.668.475
|
347.014.478
|
|
A/B
|
21,69%
|
25.89%
|
|
Rate of financial autonomy
|
|
|
|
Equity (A)
|
291.833.140
|
257.156.219
|
|
Total assets less net current debts (B)
|
292.490.967
|
257.605.183
|
|
A/B
|
99,78%
|
99.83%
|
FINANCIAL INDICATORS
on 31 December 2020
|
LIQUIDITY AND WORKING CAPITAL
|
31 Decembrie 2020
|
|
General liquidity rate
|
|
|
Current assets
|
212.166.108
|
|
Current obligations
|
80.177.508
|
|
(A/B)
|
2,65
|
|
Rapid liquidity rate
|
|
|
Current assets
|
212.166.108
|
|
Inventories
|
34.060.125
|
|
Current obligations
|
80.177.508
|
|
(A-B)/C
|
2,22
|
|
Customer collection period
|
|
|
Trade receivables (A)
|
94.754.552
|
|
Net turnover (B)
|
218.088.098
|
|
(A/B)*360- days
|
156
|
|
Period of inventory immobilisation
|
|
|
Inventories of finished products and goods (A)
|
56.850.455
|
|
Net turnover (B)
|
218.088.098
|
|
(A/B)*360- days
|
94
|
|
Period of suppliers’ payment
|
|
|
Suppliers (A)
|
35.445.035
|
|
Material expenditures and from the outside (B)
|
123.669.450
|
|
(A/B)*360 days
|
103
|
B.D. Chairman Chief Accountant
Print
Information provided by IRIS, the news platform of the Bucharest Stock Exchange.
______________________
Bucharest Stock Exchange ("BVB") is not responsible for the content of this News item.
Issuers whose financial instruments are traded on markets operated by BVB are required to report in accordance with current legal and regulatory provisions. BVB publishes these Reports as market administrator, appointed by ASF. When, for investors’ information, Reports are published, either signed by different persons, or with conflicting information, legal liability lies fully with the signatories. BVB disclaims any obligation or responsibility towards issuers or third parties, regarding the reality, completeness and accuracy of information provided by them and distributed by BVB.
Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.
©2016 Bucharest Stock Exchange. All rights reserved