Institut IGH d.d. Logo

Institut IGH d.d.

ISIN: HRIGH0RA0006 | Ticker: IGH | LEI: 74780000W0UQ8MF2FU71
Sector: IndustrialsSub-Industry: Construction & Engineering
Country: Croatia

About Institut IGH d.d.

Company Description

Having started as a civil engineering laboratory back in 1949, after 70 years of growth and improvement, Institut IGH is now the driving force behind construction development and the leading civil engineering institute in Central and Southeast Europe. Today, IGH employs more than 500 engineers in Croatia and abroad, in branch offices and on projects.

IGH laboratories operate at several locations in Croatia (Zagreb, Split, Rijeka, Osijek, Pula, Varaždin and Dubrovnik) and abroad (Kosovo, B&H, Georgia). With about 500 different test methods accredited according to the standard HRN EN ISO/IEC 17025 and a wide range of non-accredited test methods, all our laboratories meet the competence requirements and account for the major part of all laboratories in Croatia accredited in the field of civil engineering.

Year founded

1949

Served area

Europe

Headquarters

Janka Rakuše 1, 10000 Zagreb – Croatia

Financial statements

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Line item in (hrk) 01.01.2020 01.01.2021 02.01.2021 01.01.2022
Assets N/A 401,772,000.00 N/A 220,344,000.00
Noncurrent Assets N/A 249,375,000.00 N/A 120,105,000.00
Property Plant And Equipment N/A 144,320,000.00 N/A 38,335,000.00
Investment Property N/A 247,000.00 N/A 247,000.00
Intangible Assets Other Than Goodwill N/A 1,089,000.00 N/A 1,733,000.00
Investments In Subsidiaries Joint Ventures And Associates N/A 99,676,000.00 N/A 74,106,000.00
Noncurrent Receivables N/A 818,000.00 N/A 2,196,000.00
Deferred Tax Assets N/A 7,000.00 N/A 0.00
Other Noncurrent Financial Assets N/A 3,225,000.00 N/A 3,488,000.00
Inventories N/A 816,000.00 N/A 568,000.00
Trade And Other Current Receivables N/A 38,197,000.00 N/A 39,911,000.00
Current Prepayments And Current Accrued Income Other Than Current Contract Assets N/A 8,379,000.00 N/A 11,226,000.00
Other Current Financial Assets N/A 24,322,000.00 N/A 25,644,000.00
Other Current Nonfinancial Assets N/A 24,382,000.00 N/A 27,266,000.00
Cash and cash equivalents 11,144,000.00 7,946,000.00 N/A 6,188,000.00
Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners N/A 94,797,000.00 N/A 87,939,000.00
Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners N/A 57,600,000.00 N/A 12,300,000.00
Equity And Liabilities N/A 401,772,000.00 N/A 220,344,000.00
Equity -48,301,000.00 -45,870,000.00 -41,862,000.00 -96,874,000.00
Issued Capital N/A 116,605,000.00 N/A 116,605,000.00
Retained Earnings N/A -248,888,000.00 N/A -254,875,000.00
Treasury Shares N/A 3,196,000.00 N/A 3,017,000.00
Other Reserves N/A 1,248,000.00 N/A 1,248,000.00
Capital Redemption Reserve N/A 1,446,000.00 N/A 1,446,000.00
Equity Attributable To Owners Of Parent N/A -41,464,000.00 N/A -98,138,000.00
Noncontrolling Interests N/A -398,000.00 N/A 517,000.00
Noncurrent Liabilities N/A 67,496,000.00 N/A 44,216,000.00
Noncurrent Provisions N/A 7,223,000.00 N/A 11,223,000.00
Noncurrent Payables N/A 198,000.00 N/A 198,000.00
Deferred Tax Liabilities N/A 19,124,000.00 N/A 9,223,000.00
Longterm Borrowings N/A 27,755,000.00 N/A 12,764,000.00
Current Liabilities N/A 380,146,000.00 N/A 273,002,000.00
Current Provisions N/A 3,219,000.00 N/A 2,784,000.00
Trade And Other Current Payables N/A 45,526,000.00 N/A 53,965,000.00
Current Advances N/A 6,631,000.00 N/A 6,941,000.00
Current Contract Liabilities For Performance Obligations Satisfied Over Time N/A 3,875,000.00 N/A 2,093,000.00
Current Deferred Income Other Than Current Contract Liabilities N/A 207,000.00 N/A 462,000.00
Current Deposits From Customers N/A 400,000.00 N/A 419,000.00
Current Borrowings And Current Portion Of Noncurrent Borrowings N/A 313,872,000.00 N/A 196,442,000.00
Line item in (hrk) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
Revenue 156,549,000.00 169,137,000.00
Other Income 24,115,000.00 9,529,000.00
Raw Materials And Consumables Used 6,933,000.00 6,507,000.00
Services Expense 40,800,000.00 41,476,000.00
Employee Benefits Expense 95,856,000.00 98,105,000.00
Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss 13,491,000.00 75,064,000.00
Depreciation And Amortisation Expense 12,256,000.00 18,927,000.00
Other Expense By Nature 12,633,000.00 11,857,000.00
Finance Income 5,003,000.00 3,797,000.00
Finance Costs 14,943,000.00 10,426,000.00
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method 23,000.00 2,000.00
Profit Loss Before Tax 1,010,000.00 -60,972,000.00
Income Tax Expense Continuing Operations -441,000.00 -9,897,000.00
Profit (loss) 1,452,000.00 -51,075,000.00
Profit Loss Attributable To Owners Of Parent 3,048,000.00 -56,759,000.00
Profit Loss Attributable To Noncontrolling Interests 0.00 -17,000.00
Line item in (hrk) 01.01.2020 01.01.2021 01.01.2022
Profit (loss) N/A 1,452,000.00 -51,075,000.00
Adjustments For Finance Costs N/A 1,082,000.00 4,391,000.00
Adjustments For Depreciation And Amortisation Expense N/A 12,256,000.00 18,927,000.00
Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss N/A 1,235,000.00 56,137,000.00
Adjustments For Provisions N/A 0.00 3,565,000.00
Adjustments For Unrealised Foreign Exchange Losses Gains N/A 2,980,000.00 -3,000.00
Adjustments For Undistributed Profits Of Associates N/A -23,000.00 -2,000.00
Other Adjustments For Noncash Items N/A 1,479,000.00 -4,516,000.00
Adjustments For Losses Gains On Disposal Of Noncurrent Assets N/A -3,209,000.00 -1,807,000.00
Cash Flows From Used In Operations N/A 17,200,000.00 28,481,000.00
Cash Flows From Used In Operating Activities N/A 17,200,000.00 28,481,000.00
Cash Advances And Loans Made To Other Parties Classified As Investing Activities N/A 5,376,000.00 110,000.00
Cash Receipts From Repayment Of Advances And Loans Made To Other Parties Classified As Investing Activities N/A 12,374,000.00 294,000.00
Cash Flows From Used In Investing Activities N/A -5,376,000.00 -5,782,000.00
Proceeds From Borrowings Classified As Financing Activities N/A 26,637,000.00 1,540,000.00
Repayments Of Borrowings Classified As Financing Activities N/A 18,271,000.00 17,574,000.00
Payments Of Lease Liabilities Classified As Financing Activities N/A 1,762,000.00 8,603,000.00
Other Inflows Outflows Of Cash Classified As Financing Activities N/A -21,626,000.00 0.00
Cash Flows From Used In Financing Activities N/A -15,022,000.00 -24,457,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A -3,198,000.00 -1,758,000.00
Cash and cash equivalents 11,144,000.00 7,946,000.00 6,188,000.00

Please note that some sums might not add up.

Filings & Publications

2021

Report
Q1
H1
Q3
FY
Consolidated Report
HRV
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

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Capital markets information

ISIN

HRIGH0RA0006

LEI

74780000W0UQ8MF2FU71

Sector

Industrials

Industry Group

Capital Goods

Industry

Construction & Engineering

Sub-Industry

Construction & Engineering

Listed Stock Exchange

Zagreb Stock Exchange

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