HALF YEARLY REPORT
According to ASF Regulation No.5 / 2018
regarding issuers and securities operations
Date of report: : 30 JUNE 2018
Name of the company: S.C. SINTEZA S.A
Headquarters: 410605 Oradea, Borsului road No. 35
Phone: 40 259 456 116
Fax: 40 259 462 224
Tax Identification Code:: 67329
Number of registration in the Commercial Register: J/05/197/1991
Subscribed and paid capital: 9.916.888,50 RON
Regulated market where the issued securities are traded: BUCHAREST STOCK EXCHANGE
1. Economic and financial situation
1.1. Balance sheet items
|
Current issue
|
|
Achievements at:
|
|
Indicator
|
30.06.2017
|
30.06.2018
|
|
|
RON
|
RON
|
|
1.
|
FIXED ASSETS
|
52.411.632
|
48.843.850
|
|
2.
|
STOCKS
|
11.214.317
|
2.655.297
|
|
3.
|
RECEIVABLES
|
5.916.822
|
4.430.599
|
|
4.
|
Cash and availability
|
126.427
|
131.489
|
|
5.
|
Assets classified as held for sale
|
|
4.164.340
|
|
6.
|
Prepaid expenses, of which:
|
606.873
|
603.807
|
|
|
Amounts taken over a period of up to one year
|
333.976
|
430.295
|
|
|
Amounts taken in a period exceeding one year
|
272.987
|
173.512
|
|
7.
|
TOTAL ASSETS
|
70.276.071
|
60.829.382
|
|
8.
|
Debts to be paid within a period of up to one year
|
8.862.707
|
8.483.722
|
|
9.
|
Investment subsidies
|
|
|
|
10.
|
Deferred revenues
|
17.109
|
6.227
|
|
11.
|
NET ASSETS
|
61.123.268
|
52.339.433
|
|
12.
|
Debts to be paid within a period exceeding one year
|
3.107.336
|
6.142.465
|
|
13.
|
Provisions for risks and charges
|
|
|
|
14.
|
EQUITY
|
58.288.829
|
46.196.968
|
1.2. Profit and loss
|
Current issue
|
Indicator
|
Achievements at:
|
|
30.06.2017
|
30.06.2018
|
|
|
|
RON
|
RON
|
|
1.
|
Net turnover
|
12.791.783
|
13.010.517
|
|
2.
|
TOTAL REVENUE
|
13.871.432
|
15.201.441
|
|
|
Significant expense items
|
|
|
|
3.
|
Expenses for raw materials and consumables
|
8.276.649
|
7.426.459
|
|
4.
|
Energy and water expenses
|
1.490.911
|
1.601.625
|
|
5.
|
Expenditure on goods
|
46
|
|
|
6.
|
Expenses for employees
|
1.891.957
|
2.021.999
|
|
7.
|
Depreciation and provisions
|
1.109.948
|
1.161.225
|
|
|
|
|
|
|
8.
|
TOTAL EXPENDITURE
|
15.201.438
|
16.010.968
|
|
9.
|
GROSS PROFIT
|
0
|
0
|
|
10.
|
LOSS
|
-1.330.006
|
-809.527
|
1.3. Cash – flow
Changes in cash in the core business: constant.
Cash at beginning of period: 126.427 RON, of which the restrictions in use: 0 RON .
Cash at period end: 131.489 RON, of which the restrictions in use: 0 RON.
2. Analysis of the company's activity
2.1. Liquidity
Trends: decrease
Highlights: -
The level of liquidity: low
2.2. Capital expenditures
Capital expenditures incurred: Have not acquired shares
Anticipated capital expenditures: it is not the case
The impact on the financial situation: it is not the case
The purpose of expenditure: it is not the case
Financing sources it is not the case
2.3. Significant events: it is not the case
3. Changes affecting capital and management company:
It is not the case.
4. Significant transactions
It is not the case.
5. Audit: We note that the first half of 2018, financial statements were not subject to an audit report.
SC "SINTEZA" SA ORADEA informs the investors that S. I 2018 REPORT is available for consultation at the company's headquarters in Oradea, Borsului Street No. 35, daily from 9 to 12, on the company's website www.sinteza.ro ,as well as in link below, starting on 08/14/2018 at 09:00.
CHAIRMAN OF THE BOARD FINANCIAL MANAGER
RADU VASILESCU CORINA ILIES