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SIF OLTENIA S.A. - SIF5

H1 2019 Report

Release Date: 8/14/2019 8:30:10 AM

IRIS Code: 7AB3F

HALF YEARLY REPORT according to the F.S.A. Regulation no. 5/2018 on issuers

of financial instruments and market operations


The activity of S.I.F. OLTENIA S.A. during the first semester of 2019, was carried out in accordance with the strategy approved by O.G.M.S.

 

The net asset of the company - as of 30.06.2019 - calculated according to the legal provisions (respectively FSA Regulation no.9 / 2014, as modified by FSA Regulation no. 2/2018), is 2,091,036,437 lei, increasing by 16.18% compared to the value registered on 30.06.2018 (1,799,763,828 lei).

 

As of 30.06.2019, the value of the unitary net asset increased by 16.18% compared to the value registered on 30.06.2018 (3.1022 lei), and by 13.75% compared to the value recorded at 31.12.2018 (3.1686 lei).

 

 

 

- lei -

 

30.06.2019

30.06.2018

31.12.2018

Total asset

 2,160,151,126

1,888,780,571

1,982,611,377

Net asset

2,091,036,437

1,799,763,828

1,838,322,127

Unitary value of net asset

3.6042

3.1022

3.1686

 

The main economical-financial results as of June 30, 2019:

 

No.

crt.

 

Indicator name

Accomplished

06/30/2019

-lei-

30.06.2018

- lei -

Annual Provisions

BIE 2019

- lei -

30.06.2019 /

BIE 2019

(%)

1.

TOTAL INCOME

126,759,900

79,735,829

142,683,000

88.84

2.

TOTAL EXPENSES

5,514,039

5,119,406

28,978,767

19.03

3.

GROSS RESULT - Profit

121,245,861

74,616,423

113,704,223

106.63

4.

TAX PROFIT

6,961,171

4,239,062

3,129,309

222.45

5.

NET RESULT - Profit

114,284,690

70,377,361

110,574,924

103.35

 

The individual interim financial statements simplified as of 30.06.2019 are prepared in accordance with Norm no. 39/2015 for the approval of the Accounting Regulations in accordance with the International Financial Reporting Standards, applicable to the entities authorized, regulated and supervised by the Financial Supervisory Authority in the Financial Instruments and Investments Sector.
 
The financial statements as of 30.06.2019 are not audited by the external financial auditor of the company.

 

S.I.F. OLTENIA S.A. informs the investors that the Half Yearly Report as of 30.06.2019 – prepared according to the legal provisions – will be available, starting as from 14.08.2019, 08:30 a.m., on internet address:

 

http://www.sifolt.ro/en/raportari/2019/sem1/sem1.html

 

 

as well as by accessing the link below

 

The report will be also made available for those interested in - as from the same date - at the S.I.F. OLTENIA S.A. headquarters from Craiova, 1, Tufanele Street.

 

 

Associate Prof. PhD. Ec. Tudor CIUREZU

Chairman / General Manager

 

Compliance Officer

ec.Viorica Balan         

 



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