:

5275890

01.01 - 31.12

2015

:
:
:
:
:

:
: 01.01 - 31.12
: 2015
:

( )
000

, , , , e

()

-

()

()
( )

1,440,864
10,426
1,311,812
35,342

1,500,021
9,155
1,371,493
35,342

1,276,470

1,336,151

118,626
113,045
652
0
4,928
0

119,372
112,109
652
0
6,611
0

1,430,581
1,043,630
340,837
21,431
19,188
1,008
4,488
2,871,445

1,489,680
1,121,577
318,954
23,653
22,760
638
2,097
2,989,700

1,490,823
1,018,384
94,556
377,882
0
1,380,623
610,075
404,417
165,579
0
13,183
26,896
0

1,528,187
1,019,131
100,374
408,682
0
1,461,514
753,822
530,903
180,030
0
3,853
37,713
1,322

770,547

707,692

760,070

707,200

10,477

492

2,871,445

2,989,700

)
000

104
88
105
100
105
0
0
0
101
99
100
0
134
0
0
0
104
107
94
110
119
63
47
104
0
103
100
106
108
0
106
124
131
109
0
29
140
370,514
0
92
93
5

0
0
104
0

:
: 01.01 - 31.12
: 2015
:

( )
000

..

1
1
1
2
3
4
5
6
7

1,079,361
647,647
431,714
660,790
418,571
86,623
67,956

1,194,273
702,499
491,774
788,837
405,436
75,095
65,116

45,023

100,898

187,000

246,599

122,015

119,524

1,788
1,785
3

1,083
1,080
2

75,803
75,803

72,583
72,583

48,001

48,024

48,001

48,024

-9,213

-11,406

38,788

36,617

18 /
19 /

38,788

36,617

423

746

20 /

39,211

37,364

()


()

10
10
10
10
11
11
11
11
12
13
14
15

,



,


/
/
/

16 /
17

..

1
2
3

1,079,361
45,023

1,194,273
100,898

36,803

68,496

..

4
5
6
7
8
9
10
11
12
13
14

, ,
,

21,124
474,385

1,881
627,893

97,816

82,318

()

116,609
63,001
103,721
86,029
690
2,737

130,279
65,740
100,517
85,440

73,061

79,676

122,015

119,524

()


15 /

70,399

000

111
108
114
119
97
87
96
0
224
132
98
61
61
72
0
96
96
0
0
100
0
100
0
94
0
94
176
95

111
224
186

9
132
84
112
104
97
99
0
2,573
0
109
98

:
: 01.01 - 31.12
: 2015
:

000

)
/

180,228
48,001

267,488
48,024

-86,030

-85,440

-2,937

-70,635

24,601

77,947

-78,611

38,312

1,081

-2,317

-12,386

12,357

88,055

-132,218

4,410

358

-74,053

-71,503

4,128

14,208

-490

-534

-191,309

-219,454

-50,033

-144,381

-1,862

-3,573

-64,990
3
-74,428
9,176

-71,503
2

9,176

-48,404

/
/
/
/
/
/
/
/
/

/
/

)
, , .
, , .




(
)
(
)
/
/

)

-48,404

 /

/

)

-1,906
2,914
1,008

-370
1,008
638

 000

148
100
0
0
317
0
-214
0
0
-150
0
0
8
0
72
344
0
0
0
0
0
0
0
0
0
0
0
72
0
-528
0
0
-528
0
0

0
0
0
35
63

:
: 01.01 - 31.12
: 2015
:

1




()

842,962

169,135

,

/ ,
31




()

,

/ ,
31

()

100,184

339,330

235

38,788
-235

423

842,962

169,135

100,843

377,883

5,814

36,618
-5,814

746
842,962

169,135

107,403

408,687


000

1,451,611
0
0
0
0
38,788
0
0
0
0
0
0
0
0

0
0
0
0
423
1,490,822
0
0
0
0
36,618
0
0
0
0
0
0
0
0
0
0
0
0
746

1,528,187

Company
Reporting period
01.01 - 31.12
Consolidated report

Year

2015

Balance Sheet
In 000 MKD

Position
ASSETS
NON-CURRENT ASSETS
Intagible assets
Property, plant and equipment
Property
Plant and equipment
Biological assets
Other Long Term Assets
Investment properties (Real Estate)
Long Term Financial Instruments
Investments in subsidiaries
Investments in associates
Long term Loans, Receivables
Financial investments
Other Long Term Financial investments
Other long-term receivables
Deferred income tax assets
CURRENT ASSETS
Inventories
Trade recivables
Other recivables / Current assets
Short-term financial investments
Cash and cash equivalents
Prepaid Expenses
TOTAL ASSETS
OFF-BALANCE-SHEET ASSETS
EQUITY AND LIABILITIES
EQUITY
Subscribed capital and revaluation reserves
Reserves
Retained earnings
Minority interest
LIABILITIES
CURRENT LIABILITIES
Trade liabilities and other short-term liabilities
Short-term Borrowings
Short-term provisions
Deffered Tax Liabilities
Other Current Liabilities
AccruedExpenses
Liabilities related to disposal assets
LONG TERM LIABILITIES
Long-term Borrowings
Trade payables and other long-term liabilities
Long-term Provisions
Long Term Tax Liabilities

Previous Period

Curent Period

Indexes

1,440,864
10,426
1,311,812
35,342
1,276,470
0
0
0
118,626
113,045
652
0
4,928
0
0
0
1,430,581
1,043,630
340,837
21,431
19,188
1,008
4,488
2,871,445
0

1,500,021
9,155
1,371,493
35,342
1,336,151
0
0
0
119,372
112,109
652
0
6,611
0
0
0
1,489,680
1,121,577
318,954
23,653
22,760
638
2,097
2,989,700
0

104
88
105
100
105
0
0
0
101
99
100
0
134
0
0
0
104
107
94
110
119
63
47
104
0

1,490,823
1,018,384
94,556
377,882
0
1,380,623
610,075
404,417
165,579
0
13,183
26,896
0
0
770,547
760,070
10,477
0
0

1,528,187
1,019,131
100,374
408,682
0
1,461,514
753,822
530,903
180,030
0
3,853
37,713
1,322
0
707,692
707,200
492
0
0

103
100
106
108
0
106
124
131
109
0
29
140
370,514
0
92
93
5
0
0

TOTAL CAPITAL AND RESERVES

OFF-BALANCE-SHEET LIABILITIES

2,871,445
0

2,989,700
0

104
0

Company
Reporting period 01.01 - 31.12
Consolidated report

Year

Income Statement
In 000 MKD
Previous Period

Curent Period

Year to date

Year to date

Position

1 Sales revenues
Revenues from domestic market
1a
Revenues from foreign markets
1b

1,079,361
647,647

1,194,273
702,499

431,714

491,774

Cost of goods sold

660,790

788,837

418,571

405,436

Gross Profit
Administrative Costs

86,623

75,095

Sales and Marketing Cost

67,956

65,116

Provisions

Other operating revenues

8
9

45,023

100,898

Impairement and Other operating Costs

187,000

246,599

Operating profit

122,015

119,524

1,788

1,083

1,785

1,080

75,803
75,803

72,583
72,583

48,001

48,024

14 Profit from ordinary activities before taxation

48,001

48,024

15 Corporate tax

-9,213

-11,406

16 Net profit

38,788

36,617

18 Net profit Majority shareholders

38,788

36,617

19 Total other comprehensive income

423

746

39,211

37,364

10 Total Financial Revenue

Financial revenues from investment, loans granted and interest and
10 exchange rate gains
10b Other Financial Revenue
10c Income From Associated Companies
11 Total Financial Expenses
11a Financial expenses from interests and exchange rate losses
11b Other financial expenses
11c Losses from Associates
12 Profit from ordinary activities
13 Net Profit from Discountinued activities

17 Net profit minority shareholders

20 TOTAL COMPREHENSIVE INCOME

Analysis of the operating profit by nature of costs

Previous Period

Curent Period

Year to date

Year to date

Position

Previous Period

Curent Period

Year to date

Year to date

Position

Sales revenues

1,079,361

1,194,273

Other operating revenues

45,023

100,898

Changes in inventories of finished goods and work in progress

36,803

68,496

21,124

1,881

Cost of trading goods sold

Cost of consumed materials and other supplies

474,385

627,893

Cost of materials, spare parts and other inventory sold

97,816

82,318

Services

116,609

130,279

Other Expenditures

63,001

65,740

Service costs

103,721

100,517

86,029

85,440

690

2,737

70,399

73,061

79,676

122,015

119,524

10 Amortization And Depreciation

11

Impairment losses of Non-current assets

12 Impairment losses of current assets

13 Provisions
14 Other operating expenses
15 Operating profit

2015

Indexes
curent year /
previous
year

111
108
114
119
97
87
96
0
224
132
98
61
61
72
0
96
96
0
0
100
0
100
0
94
0
94
176
95

Indexes
curent year /
previous
year

Indexes
curent year /
previous
year

111
224
186
9
132
84
112
104
97
99
0
2,573
0
109
98

Company
Reporting period 01.01 - 31.12
Consolidated report

Year

CASH FLOW STATEMENT

In 000 MKD

Position
A. CASH FLOWS FROM OPERATING ACTIVITIES

Previous
Period

Curent Period

180,228

267,488

48,001

48,024

-86,030

-85,440

Gain/Loss from impairment

-2,937

-70,635

Increse/Decrese in Inventories

24,601

77,947

Increse/Decrese in Receivables-customers

-78,611

38,312

1,081

-2,317

-12,386

12,357

Profit for the period

Adjustments for:
Depreciation of property, plant and equipment

Increse/Decrese in advanse payments

Increse/Decrese in other short-term receivables
Increse/Decrese in paid expenses for future periods
Increse/Decrease in payables

88,055

-132,218

Increse/Decrese in received advanse payments

Increse/Decrease in other short-term payables

4,410

358

-74,053

-71,503

4,128

14,208

Increse/Decrese in Deferred expenses

Interest paid/received
Dividends paid/received
Tax expense
Capital gains/losses from sale of property, plant and equipment

-490

-534

Capital gains/losses from sale of investments

Other cash receipts and payment from operating activities

-191,309

-219,454

-50,033

-144,381

Cash receipts from sales of property, plant and equipment, intangibles and other longterm assets;

Cash payments to acquire equity or debt instruments of other entities and interests in
joint ventures

Cash receipts from sales of equity or debt instruments of other entities and interests in
joint ventures

Cash advances and loans made to other parties (other than advances and loans made
by a financial institution);

-1,862

-3,573

-64,990

-71,503

-74,428

9,176

-48,404

cash proceeds from issuing shares or other equity instruments;

cash repayments of amounts borrowed;

9,176

-48,404

B. CASH FLOWS FROM INVESTING ACTIVITIES

Cash payments to acquire property, plant and equipment, intangibles and other

Cash receipts from the repayment of advances and loans made to other parties (other
than advances and loans of a financial institution);
Interest paid/received
Dividends paid/received
Other cash receipts and payment from investing activities
C. CASH FLOWS FROM FINANCING ACTIVITIES

cash proceeds from issuing debentures, loans, notes, bonds, mortgages and other
short or long-term borrowings;
Cash payments to acquire minor interests

Dividends paid

Repurchase of own shares and stakes

Cash payments by a lessee for the reduction of the outstanding liability relating to a
finance lease.

-1,906

-370

Cash and cash equivalents at beginning of period

2,914

1,008

D. Cash and cash equivalents at end of period

1,008

638

Net increase in cash and cash equivalents

2015

000 MKD

Indexes
148
100
0
0
0
317
0
-214
0
0
-150
0
0
8
0
72
344
0
0
0
0
0
0
0
0
0
0
0
72
0
-528
0
0
-528
0

0
0
0
0
35
63

Consolidated report
Company

Reporting period

Year

Statement of changes in equity

Attributable to equity holders of the parent

Changes

Share
capital

Share
premium

Retained
profit (Loss)

Reserves

Balance at January 1, previous year

Shares issued
Purchased treasury shares
Sold treasury shares
Conversion of securities
Profit (Loss) for the financial period
Alocated profit for reservers
Alocated profit for dividends and other rewards (premiums) to
shareholders
Alocated profit for rewards, premiums and other employee
benefits
Other reserves
Revaluation of assets
Fair value adjustments of the investments available-for-sale
Realized capital gain from disposal of Investments available-forsale
Recorded losses from subsidiaries from previous years
according to equity method
Minority Interes
Defered tax assets
Recognised revunues and expenses, net
Exchange rate gains/losses
Other Increase/Decrease in Assets, net

842,962
0
0
0
0
0
0

169,135
0
0
0
0
0
0

100,184
0
0
0
0
0
235

339,330
0
0
0
0
38,788
-235

0
0
0

0
0
0

0
0
0

0
0
0

0
0
0
0

0
0
0
0

0
0
0
0

0
0
0
0

423

Balance at December 31, previous year

Shares issued
Purchased treasury shares
Sold treasury shares
Conversion of securities
Profit (Loss) for the financial period
Alocated profit for reservers
Alocated profit for dividends and other rewards (premiums) to
shareholders
Alocated profit for rewards, premiums and other employee
benefits
Other reserves
Revaluation of assets
Fair value adjustments of the investments available-for-sale
Realized capital gain from disposal of Investments available-forsale
Recorded losses from subsidiaries from previous years
according to equity method
Minority Interes
Defered tax assets
Recognised revunues and expenses, net
Exchange rate gains/losses
Other Increase/Decrease in Assets, net

842,962

169,135

100,843

377,883

0
0
0
0
0
0

0
0
0
0
0
0

0
0
0
0
0
5,814

0
0
0
0
36,618
-5,814

0
0
0

0
0
0

0
0
0

0
0
0

0
0
0
0

0
0
0
0

0
0
0
0

0
0
0
0

746

Balance at December 31, current year

842,962

169,135

107,403

408,687

01.01 - 31.12
2015

In 000 MKD

Minority
Interes

Total equity
0
0
0
0
0
0
0

1,451,611
0
0
0
0
38,788
0

0
0
0

0
0
0

0
0
0
0
0

0
0
0
0
423

1,490,822

0
0
0
0
0
0

0
0
0
0
36,618
0

0
0
0

0
0
0

0
0
0
0
0

0
0
0
0
746

1,528,187