:

: 5275890


: 01.01 - 30.06
: 2016

:
:
:
:
 :
: 01.01 - 30.06
: 2016
:

( )
000

1,341,484 1,392,414 104

9,798 9,502 97
1,325,169 1,375,561 104
881,169 878,989 100
, , , , e
444,000 496,572 112

0
0
0
6,517 7,351 113
0
652 652 100
0
5,865 6,699 114
0
0
0
1,297,965 1,331,629 103
890,391 979,238 110
306,835 273,322 89
77,382 42,884 55
12,198 12,135 99
750 8,727 1,164
() 10,410 15,323 147
2,639,450 2,724,044 103
- 0

1,465,037 1,474,942 101
1,012,096 1,012,096 100
100,844 107,408 107
() 352,097 355,438 101
0
1,174,413 1,249,102 106
492,485 608,976 124
183,176 246,447 135
218,960 263,103 120
0
8,970 5,150 57
25,107 33,590 134
() 56,272 60,686 108
( )
0

681,928 640,126 94
679,621 639,866 94
2,307 260 11
0
0
2,639,450 2,724,044 103
- 0
 :
: 01.01 - 30.06
: 2016
:

( )
000

..

-




1 569,910 623,471 109
1 299,836 330,341 110
1 270,074 293,130 109
2 358,417 393,286 110
3 211,494 230,186 109
4 40,308 39,800 99
5 () 53,127 68,343 129
6 0 0
7 25,260 23,913 95
()
8 90,883 89,358 98

9 / 52,435 56,598 108
10 16 991 6,332
10 , 0
10 16 991 6,332
10 0
11 30,314 31,024 102
11 , 30,314 31,024 102
11 0
11 0
12 / 22,137 26,565 120
13 / 0
14 / 22,137 26,565 120
15 -8,011 -9,336 0
16 / 14,126 17,229 122
17 0
18 / 14,126 17,229 122
19 / 0
20 / 14,126 17,229 122

..

-




1 569,910 623,471 109
2 25,260 23,913 95
3 -123,329 -137,401 0
4 10,305 2,546 25
5 101,271 110,931 110
, ,
6 20,080 5,457 27
,
7 75,954 99,269 131
8 29,270 45,665 156


..

-




9 51,014 47,460 93
10 44,073 44,257 100
11 () 0
12 () 6,718 0
13 15,480 0
14 80,720 82,321 102
15 / 52,435 56,598 108
 :
: 01.01 - 30.06
: 2016
:

000

) 86,852 32,698 38
/ 22,137 26,565 120
:
-43,528 -43,922 0
0
/ -154,133 -143,445 0
/ -82,925 -73,116 0
/ 25,903 -1,144 -4
/ 0
/ 17,492 23,547 135
/ 239,274 308,061 129
/ 0
/ 0
/ -44,012 -55,445 0
/ -30,797 -30,436 0
/ 0
8,011 9,766 122
/ 0
/ 0
0
) -54,391 -41,506 0
, , . -23,607 -11,070 0
, , . 0

0


0

(
0
)
(
0
)
/ -30,797 -30,731 0
/ 296 0
13 0
) -35,239 15,507 0

0

0

-35,239 15,507 0

0
0
/ 0
0
/ -2,778 6,699 0
3,527 2,028 58
) 750 8,727 1,164
 :
: 01.01 - 30.06
: 2016
:

000








()
1 842,962 169,135 100,840 320,738 0 1,433,674
0
0
0
0
() 23,216 23,216
5,818 -5,818 0

0

0
0

0


0

0

0
0
, 0
0
/ , 822 822
31 842,962 169,135 107,480 338,135 0 1,457,712
0
0
0
0
() 17,229 17,229
0

0


0

0
0

0


0

0

0
0
, 0
0
/ , 0
31 842,962 169,135 107,480 355,365 0 1,474,942
 Company
Reporting period 01.01 - 30.06 Year 2016
Consolidated report

Balance Sheet
In 000 MKD

Position Previous Period Curent Period Indexes

ASSETS
NON-CURRENT ASSETS 1,341,484 1,392,414 104
Intagible assets 9,798 9,502 97
Property, plant and equipment 1,325,169 1,375,561 104
Property 881,169 878,989 100
Plant and equipment 444,000 496,572 112
Biological assets 0 0 0
Other Long Term Assets 0 0 0
Investment properties (Real Estate) 0 0 0
Long Term Financial Instruments 6,517 7,351 113
Investments in subsidiaries 0 0 0
Investments in associates 652 652 100
Long term Loans, Receivables 0 0 0
Financial investments 5,865 6,699 114
Other Long Term Financial investments 0 0 0
Other long-term receivables 0 0 0
Deferred income tax assets 0 0 0
CURRENT ASSETS 1,297,965 1,331,629 103
Inventories 890,391 979,238 110
Trade recivables 306,835 273,322 89
Other recivables / Current assets 77,382 42,884 55
Short-term financial investments 12,198 12,135 99
Cash and cash equivalents 750 8,727 1,164
Prepaid Expenses 10,410 15,323 147
TOTAL ASSETS 2,639,450 2,724,044 103
OFF-BALANCE-SHEET ASSETS 0 0 0
EQUITY AND LIABILITIES
EQUITY 1,465,037 1,474,942 101
Subscribed capital and revaluation reserves 1,012,096 1,012,096 100
Reserves 100,844 107,408 107
Retained earnings 352,097 355,438 101
Minority interest 0 0 0
LIABILITIES 1,174,413 1,249,102 106
CURRENT LIABILITIES 492,485 608,976 124
Trade liabilities and other short-term liabilities 183,176 246,447 135
Short-term Borrowings 218,960 263,103 120
Short-term provisions 0 0 0
Deffered Tax Liabilities 8,970 5,150 57
Other Current Liabilities 25,107 33,590 134
AccruedExpenses 56,272 60,686 108
Liabilities related to disposal assets 0 0 0
LONG TERM LIABILITIES 681,928 640,126 94
Long-term Borrowings 679,621 639,866 94
Trade payables and other long-term liabilities 2,307 260 11
Long-term Provisions 0 0 0
Long Term Tax Liabilities 0 0 0
TOTAL CAPITAL AND RESERVES 2,639,450 2,724,044 103
OFF-BALANCE-SHEET LIABILITIES 0 0 0
 Company
Reporting period 01.01 - 30.06 Year 2016
Consolidated report

Income Statement
In 000 MKD

Previous Period Curent Period Indexes

Position curent
year /
Year to date Year to date
previous
year

1 Sales revenues 569,910 623,471 109

1a Revenues from domestic market 299,836 330,341 110
1b Revenues from foreign markets 270,074 293,130 109
2 Cost of goods sold 358,417 393,286 110
3 Gross Profit 211,494 230,186 109
4 Administrative Costs 40,308 39,800 99
5 Sales and Marketing Cost 53,127 68,343 129
6 Provisions 0 0 0
7 Other operating revenues 25,260 23,913 95
8 Impairement and Other operating Costs 90,883 89,358 98
9 Operating profit 52,435 56,598 108
10 Total Financial Revenue 16 991 6,332
Financial revenues from investment, loans granted and interest and
10 0 0 0
exchange rate gains
10b Other Financial Revenue 16 991 6,332
10c Income From Associated Companies 0 0 0
11 Total Financial Expenses 30,314 31,024 102
11a Financial expenses from interests and exchange rate losses 30,314 31,024 102
11b Other financial expenses 0 0 0
11c Losses from Associates 0 0 0
12 Profit from ordinary activities 22,137 26,565 120
13 Net Profit from Discountinued activities 0 0 0
14 Profit from ordinary activities before taxation 22,137 26,565 120
15 Corporate tax -8,011 -9,336 0
16 Net profit 14,126 17,229 122
17 Net profit minority shareholders 0 0 0
18 Net profit Majority shareholders 14,126 17,229 122
19 Total other comprehensive income 0 0 0
20 TOTAL COMPREHENSIVE INCOME 14,126 17,229 122

Analysis of the operating profit by nature of costs

Previous Period Curent Period Indexes

Position curent
year /
Year to date Year to date
previous
year

1 Sales revenues 569,910 623,471 109

2 Other operating revenues 25,260 23,913 95
 Previous Period Curent Period Indexes

Position curent
year /
Year to date Year to date
previous
year

3 Changes in inventories of finished goods and work in progress -123,329 -137,401 0

4 Cost of trading goods sold 10,305 2,546 25
5 Cost of consumed materials and other supplies 101,271 110,931 110
6 Cost of materials, spare parts and other inventory sold 20,080 5,457 27
7 Services 75,954 99,269 131
8 Other Expenditures 29,270 45,665 156
9 Service costs 51,014 47,460 93
10 Amortization And Depreciation 44,073 44,257 100
11 Impairment losses of Non-current assets 0 0 0
12 Impairment losses of current assets 6,718 0 0
13 Provisions 0 15,480 0
14 Other operating expenses 80,720 82,321 102
15 Operating profit 52,435 56,598 108
 Company
Reporting period 01.01 - 30.06 Year 2016
Consolidated report

CASH FLOW STATEMENT

In 000 MKD
Previous Curent
Position Indexes
Period Period
A. CASH FLOWS FROM OPERATING ACTIVITIES 86,852 32,698 38
Profit for the period 22,137 26,565 120
Adjustments for: 0 0 0
Depreciation of property, plant and equipment -43,528 -43,922 0
Gain/Loss from impairment 0 0 0
Increse/Decrese in Inventories -154,133 -143,445 0
Increse/Decrese in Receivables-customers -82,925 -73,116 0
Increse/Decrese in advanse payments 25,903 -1,144 -4
Increse/Decrese in other short-term receivables 0 0 0
Increse/Decrese in paid expenses for future periods 17,492 23,547 135
Increse/Decrease in payables 239,274 308,061 129
Increse/Decrese in received advanse payments 0 0 0
Increse/Decrease in other short-term payables 0 0 0
Increse/Decrese in Deferred expenses -44,012 -55,445 0
Interest paid/received -30,797 -30,436 0
Dividends paid/received 0 0 0
Tax expense 8,011 9,766 122
Capital gains/losses from sale of property, plant and equipment 0 0 0
Capital gains/losses from sale of investments 0 0 0
Other cash receipts and payment from operating activities 0 0 0
B. CASH FLOWS FROM INVESTING ACTIVITIES -54,391 -41,506 0
Cash payments to acquire property, plant and equipment, intangibles and other -23,607 -11,070 0
Cash receipts from sales of property, plant and equipment, intangibles and other long-
0 0 0
term assets;
Cash payments to acquire equity or debt instruments of other entities and interests in
joint ventures 0 0 0

Cash receipts from sales of equity or debt instruments of other entities and interests in
0 0 0
joint ventures
Cash advances and loans made to other parties (other than advances and loans made
by a financial institution); 0 0 0

Cash receipts from the repayment of advances and loans made to other parties (other
than advances and loans of a financial institution); 0 0 0

Interest paid/received -30,797 -30,731 0

Dividends paid/received 0 296 0
Other cash receipts and payment from investing activities 13 0 0
C. CASH FLOWS FROM FINANCING ACTIVITIES -35,239 15,507 0
cash proceeds from issuing shares or other equity instruments; 0 0 0
cash repayments of amounts borrowed; 0 0 0
cash proceeds from issuing debentures, loans, notes, bonds, mortgages and other
short or long-term borrowings; -35,239 15,507 0

Cash payments to acquire minor interests 0 0 0

Dividends paid 0 0 0
Repurchase of own shares and stakes 0 0 0
Cash payments by a lessee for the reduction of the outstanding liability relating to a
0 0 0
finance lease.
Net increase in cash and cash equivalents -2,778 6,699 0
Cash and cash equivalents at beginning of period 3,527 2,028 58
D. Cash and cash equivalents at end of period 750 8,727 1,164
 Consolidated report Reporting period 01.01 - 30.06
Company Year 2016

Statement of changes in equity

In 000 MKD

Attributable to equity holders of the parent

Minority
Changes Interes
Total equity
Share Share Retained
Reserves
capital premium profit (Loss)
Balance at January 1, previous year 842,962 169,135 100,840 320,738 0 1,433,674
Shares issued 0 0 0 0 0 0
Purchased treasury shares 0 0 0 0 0 0
Sold treasury shares 0 0 0 0 0 0
Conversion of securities 0 0 0 0 0 0
Profit (Loss) for the financial period 0 0 0 23,216 0 23,216
Alocated profit for reservers 0 0 5,818 -5,818 0 0
Alocated profit for dividends and other rewards (premiums) to 0 0 0 0 0 0
shareholders
Alocated profit for rewards, premiums and other employee 0 0 0 0 0 0
benefits
Other reserves 0 0 0 0 0 0
Revaluation of assets 0 0 0 0 0 0
Fair value adjustments of the investments available-for-sale 0 0 0 0 0 0
Realized capital gain from disposal of Investments available-for- 0 0 0 0 0 0
sale
Recorded losses from subsidiaries from previous years 0 0 0 0 0 0
according to equity method
Minority Interes 0 0 0 0 0 0
Defered tax assets 0 0 0 0 0 0
Recognised revunues and expenses, net 0 0 0 0 0 0
Exchange rate gains/losses 0 0 0 0 0 0
Other Increase/Decrease in Assets, net 0 0 822 0 0 822
Balance at December 31, previous year 842,962 169,135 107,480 338,135 0 1,457,712
Shares issued 0 0 0 0 0 0
Purchased treasury shares 0 0 0 0 0 0
Sold treasury shares 0 0 0 0 0 0
Conversion of securities 0 0 0 0 0 0
Profit (Loss) for the financial period 0 0 0 17,229 0 17,229
Alocated profit for reservers 0 0 0 0 0 0
Alocated profit for dividends and other rewards (premiums) to 0 0 0 0 0 0
shareholders
Alocated profit for rewards, premiums and other employee 0 0 0 0 0 0
benefits
Other reserves 0 0 0 0 0 0
Revaluation of assets 0 0 0 0 0 0
Fair value adjustments of the investments available-for-sale 0 0 0 0 0 0
Realized capital gain from disposal of Investments available-for- 0 0 0 0 0 0
sale
Recorded losses from subsidiaries from previous years 0 0 0 0 0 0
according to equity method
Minority Interes 0 0 0 0 0 0
Defered tax assets 0 0 0 0 0 0
Recognised revunues and expenses, net 0 0 0 0 0 0
Exchange rate gains/losses 0 0 0 0 0 0
Other Increase/Decrease in Assets, net 0 0 0 0 0 0
Balance at December 31, current year 842,962 169,135 107,480 355,365 0 1,474,942