BIOFARM S.A. - BIO

2019 H1 Report

Published: 8/13/2019 6:37:26 PM

IRIS Code: A69E4


Body

 

 

 

BIOFARM S.A.

 

 

 

Individual financial statements on 30 June 2019 drafted in compliance with the IFRS adopted by the European Union
                                      

 


 

COMPREHENSIVE INCOME STATEMENT

 on 30 June 2019

(all amounts are expressed in LEI, unless otherwise specified)

 

 

30-Jun-19

30-Jun-18

 

 

 

Income from sales

97.291.255

83.338.629

Income for IFRS 15 adjustment

(3.586.944)

-

Other operating income

295.833

398.342

Changes in inventories

567.820

2.880.562

     

Raw materials and consumables

                    18.293.042

        21.296.619

Personnel expenses

                    15.090.886

        13.331.549

Amortisation

                      3.308.439

          3.194.246

Other operating expenses

                    23.316.647

        22.639.074

     

Operating profit/ (loss)

        34.558.950

        26.156.045

     

Net financial income / (cost)

             658.637

             230.619

Losses assessment at fair value real estate investments

                     -  

                     -  

     

Profit/ (loss) before tax

        35.217.587

        26.386.664

     

Expenses with taxes

          6.984.957

          4.182.311

     

Profit / (loss)

        28.232.630

        22.204.353

     

Other elements of the comprehensive income

   

Revaluation of tangible assets

                     -  

                     -  

Deferred tax afferent to revaluation

                     -  

                     -  

     

Total comprehensive income

        28.232.630

        22.204.353

 

 

 

               

 

Andrei Hrebenciuc                                                                                        Claudia Matei

B.D. Chairman                                                                                         Chief Accountant

 

 

 

STATEMENT OF FINANCIAL POSITION

on 30 June 2019

 (all amounts are expressed in LEI, unless otherwise specified)

Assets

30-Jun-19

31-Dec-18

Tangible assets

 121.005.252

 114.143.697

Real estate assets

 11.337.809

 11.337.809

Intangible assets

 1.200.303

 1.357.444

Other fixed assets

 7.095

 7.095

Deferred tax

 4.140.143

 4.323.910

Fixed assets

 137.690.602

   131.169.955

     

Inventories

 16.126.108

 18.834.024

Trade receivables and similar

 79.045.717

 89.825.584

Cash and cash equivalents

 79.223.272

 45.632.578

Current assets

 174.395.097

 154.292.186

     

TOTAL ASSETS

     312.085.699

285.462.141

     

Debts

 

 

Trade debts and similar

 40.198.397

 35.176.157

Debts on profit tax

 2.267.297

1.833.890

IFRS 15 deferred income

 21.648.313

18.061.370

Provisions

 3.087.832

 4.523.245

Current debts

 67.201.839

59.594.662

     

Provisions

 448.964

 448.964

Long-term debts

 448.964

 448.964

     

TOTAL DEBTS

      67.650.803

    60.043.626

     

NET ASSETS

    244.434.896

   225.418.515

 

 

 

Share capital and reserves

30-Jun-19

31-Dec-18

Share capital

 98.537.535

98.537.535

Own shares

(813)

(813)

Premiums related to the issuance/redemption of own shares

(173.154)

(173.154)

Revaluation reserves

1.967.642

1.967.642

Reserves

 110.322.192

84.359.176

Retained earnings

 5.548.864

 5.548.864

Current result

 28.232.630

 38.424.940

Profit distribution

                     -  

 (3.245.675)

     

TOTAL CAPITALS

     244.434.896

     225.418.515

 

 

 

                                                                 

Andrei Hrebenciuc                                                                                    Claudia Matei

B.D. Chairman                                                                                      Chief Accountant

 

FINANCIAL INDICATORS

on 30 June 2019

 (all amounts are expressed in LEI, unless otherwise specified)

 

CAPITAL PROFITABILITY AND RETURN

30 June 2019

 

 

Efficiency of available capital

 

Profit before interest and tax (A)

                                           35.217.587

Share capital (B)

                                         244.883.860

A/B

14.38%

Equity efficiency

 

Net profit (A)

                                           28.232.630

Own capital (B)

                                         244.434.896

A/B

11.55%

Operational profit rate

 

Profit before interest and tax (A)

                                           35.217.587

Operating income (B)

                                           94.567.963

A/B

37.24%

Net profit rate

 

Net profit (A)

                                           28.232.630

Total incomes (B)

                                           95.226.601

A/B

29.65%

Rate of total assets

 

Profit before interests and tax (A)

35.217.587

Total assets (B)

312.085.699

A/B

11.28%

 

 

SOLVENCY

30 June 2019

Debt rate

 

Total obligations (A)

67.650.803

Total assets (B)

312.085.699

A/B

21.68%

Rate of financial autonomy

 

Equity (A)

244.434.896

Total assets less net current debts (B)

244.883.860

A/B

99.82%

 

 

 

 

                     

Andrei Hrebenciuc                                                                                             Claudia Matei

B.D. Chairman                                                                                              Chief Accountant

FINANCIAL INDICATORS

on 30 June 2019

 (all amounts are expressed in LEI, unless otherwise specified)

 

LIQUIDITY AND WORKING CAPITAL

30 June 2019

General liquidity rate

 

Current assets

174.395.097

Current obligations

67.201.839

(A/B)

2.60

Rapid liquidity rate

 

Current assets

174.395.097

Inventories

16.126.108

Current obligations

67.201.839

(A-B)/C

2.36

Customer collection period

 

Trade receivables (A)

72.913.947

Net turnover (B)

97.291.255

(A/B)*180- days

135

Period of inventory immobilisation

 

Inventories of finished products and goods (A)

20.845.102

Net turnover (B)

97.291.255

(A/B)*180- days

39

Period of suppliers’ payment

 

Suppliers (A)

22.284.307

Material expenditures and from the outside (B)

49.515.530

(A/B)*180 days

81

 

 

 

 

               

 Andrei Hrebenciuc                                                                                            Claudia Matei

 B.D. Chairman                                                                                             Chief Accountant

  

  H1 2019 report can be consulted in the link below: