Macheta estimare dezvoltare activitate

2018 2019 2020

Venituri totale 804,407,726 975,029,256 1,086,723,113

Cheltuieli totale 766,014,417 918,594,743 977,611,985
RBE=Vt-Cht 38,393,309 56,434,513 109,111,128
Deductubilitati 14,559,427 27,351,358 30,559,969
Profit de impozitat 23,833,882 29,083,155 78,551,159
impozit 7,051,245 8,930,702 14,787,475
Profit net 16,782,637 20,152,452 63,763,684
rata dividendelor 1,171,696 746,792 2,807,948
Dividende totale 292,924 186,698 701,987
Valoare dividend/actiune parte sociala) 0.25 0.25 0.25
Rata de actualizare a dividendelor 0.52 0.52 0.52

Valori actualizate 1,464,620.00 933,490.00 3,509,935.00

IPC variatie anuala 4.60 3.80 2.60
IPC baza de estimare 104.63 103.83 102.63
Venituri actualizate =venituri deflatate 72,604,351 51,944,740 83,796,225
venit din activ de baza -pret real baza fixa 77,252,000 65,852,322 98,562,314
Venit din alte activitati - val reala baza fixa 4,647,649 13,907,582 14,766,089

Cost total actualizat= cost deflatat 40,396,740 45,567,754 23,861,577

din act de baza - val reala, baza fixa 56,982,245 58,359,212 66,233,557
din alte activitati - val reala baza fixa 16,585,505 12,791,458 42,371,980
 Estimari
2021 media perioadei 2022 2023 2024 2025
pret 2021

1,437,581,362 119,798,447 1,600,000,000 1,700,000,000 1,800,000,000 1,900,000,000

1,265,729,459 105,477,455 1,270,000,000 1,270,100,000 1,272,000,000 1,273,000,000
171,851,903 14,320,992 330,000,000 429,900,000 528,000,000 627,000,000
36,432,342 3,036,029 37,000,000 38,000,000 39,000,000 40,000,000
135,419,561 11,284,963 293,000,000 391,900,000 489,000,000 587,000,000
22,506,352 1,875,529 46,880,000 62,704,000 78,240,000 93,920,000
112,913,209 9,409,434 115,000,000 116,000,000 117,000,000 118,000,000
280,000 23,333 281,100 282,100 283,100 284,500
70,000 5,833 80,000 90,000 91,000 93,000
0.25 0.02 0.25 0.00 0.25 0.25
0.52 0.04 0.52 0.52 0.52 0.52
0
350,000.00 29,167 361,100.00 372,100.00 374,100.00 377,500.00
5.10 0 5.10 5.10 5.10 5.10
105.05 8.7541666666667 105.05 105.05 105.05 105.05
83,006,703 6,917,225 83,000,000 83,099,900 83,199,800 83,299,700
98,752,415 99,365,478 99,000,000 99,100,000 99,200,000 99,300,000
15,745,712 16,000,000 16,000,100 16,000,200 16,000,300

54,044,129 54,000,000 54,000,000 54,000,000 54,000,000

68,454,159 68,500,000 68,600,000 68,700,000 68,800,000
14,410,030 14,500,000 14,600,000 14,700,000 14,800,000
 2026 2027 2028 2029 2030

1,950,000,000 1,955,000,000 1,955,555,555 2,000,000,000 2,100,000,000

1,274,000,000 1,274,080,000 1,275,000,000 1,280,000,000 1,290,245,000
676,000,000 680,920,000 680,555,555 720,000,000 809,755,000
50,000,000 60,000,000 70,000,000 80,000,000 90,000,000
626,000,000 620,920,000 610,555,555 640,000,000 719,755,000
100,160,000 99,347,200 97,688,889 102,400,000 115,160,800
119,000,000 120,000,000 121,000,000 122,000,000 123,000,000
285,000 286,000 287,000 288,000 289,000
93,500 94,000 95,500 96,500 97,000
0.25 0.30 0.30 0.40 0.40
0.52 0.52 0.52 0.52 0.52

378,500.00 380,000.00 382,500.00 384,500.00 386,000.00

5.10 5.10 5.10 5.10 5.10
105.05 105.05 105.05 105.05 105.05
83,399,600 83,499,500 83,599,400 83,699,300 83,699,200
99,400,000 99,500,000 99,600,000 99,700,000 99,700,000
16,000,400 16,000,500 16,000,600 16,000,700 16,000,800

54,000,000 54,000,400 54,000,400 54,000,400 54,000,400

68,900,000 68,900,500 68,900,600 68,900,700 68,900,800
14,900,000 14,900,100 14,900,200 14,900,300 14,900,400