Sinteza S.A.

Annual / Quarterly Financial Statement • Feb 15, 2017

SC SINTEZA SA

ORADEA

RAPORT REZULTATE FINANCIARE ANUALE PRELIMINARE LA 31.12.2016

$>$ - DATA RAPORTULUI

• DENUMIREA SOCIETATII EMITENTE
• $\triangleright$ SEDIUL SOCIAL
• $\triangleright$ TELEFON:
• COD UNIC DE INREGISTRARE:
• $\triangleright$ NR.ORDINE IN REG. COMERTULUI:

• $\triangleright$ CAPITAL SOCIAL SUBSCRIS:

• $-15.02.2017$

• SC"SINTEZA" SA
• ORADEA, SOS. BORSULUI NR.35
• $-0259456116$
• $-67329$
• J05/197/1991
• $-9.916.888.50$ RON

• PIATA REGLEMENTATA PE CARE SE TRANZACTIONEAZA VALORILE MOBILIARE EMISE: - BURSA DE VALORI BUCURESTI

Acest Raport cuprinde situatiile financiare preliminate pe anul 2016, intocmite in conformitate cu Standardele Internationale de Raportare Financiara (IFRS).

Situatiile financiare preliminare sunt intocmite conform cerintelor Ordinului 881/2012 si ale Ordinului 2844/2016, aplicabile societatilor comerciale ale caror valori mobiliare sunt tranzactionate pe o piata reglementata.

In acest sens, Situatia pozitiei financiare preliminare contine informatiile. corespunzatoare sfarsitului exercitiului financiar al anului 2016 si ale sfarsitului exercitiului financiar 2015.

Situatia rezultatului global cuprinde informatiile corespunzatoare sfarsitului exercitiului financiar al anului 2016 si ale sfarsitului exercitiului financiar 2015. Politicile contabile au fost aplicate unitar asupra perioadelor.

Anexe:

Anexa 1 – Situatia pozitiei financiare individuala si consolidata – preliminara Anexa 2 - Situatia rezultatului global individual si consolidat - preliminara

Director General Catalin Marias 'wx N

Situatia pozitiei financiare, individuala si consolidata - preliminara
la 31.12.2016

Indicator	Individual		Consolidat
	31.12.2016	31.12.2015	31.12.2016	31.12.2015
Imobilizari corporale
Terenuri si amenajari la terenuri	13.971.880	13.485.777	13.971.880	13.485.777
Constructii	15.951.950	16.636.357	15.951.950	16.636.357
Instalatii tehnice si mijloace de transport	16.237.119	15.252.700	16.384.756	15.418.791
Mobilier, aparatură birotica []	18.837	24.050	18.837	24.050
Imobilizari corporale in curs de executie	5.527.632	5.617.536	4.621.871	5.414.139
Imobilizari necorporale
Cheltuieli de dezvoltare	0	7월 31일 X월 0	O	0
Concesiuni, brevete, licențe, mărci comerciale, drepturi și active similare	65.595	64.195	65.595	64.195
Imobilizari necorporale in curs de executie	544.911	573.590	544.911	573.590
Imobilizari financiare
Actiuni detinute la filiale si alte titluri imobilizate	110.332	257.358	26.981	174.007
Total Active Imobilizate	52.428.256	51.911.563	51.586.781	51.790.906
Active Curente
Stocuri	6.183.475	4.597.091	6.457.159	4.936.822
Creante comerciale si alte creante	11.867.789	18.654.445	10.460.078	17.165.230
Cheltuieli inregistrate in avans	434.940	535.745	434 940	535.745
Numerar si echivalente de numerar	3.101.497	574.359	3.108.976	580.179
Active clasificate ca detinute pentru vanzare	4.164.340	19.430.931	4 164 340	19.430.931
Total Active Curente	25.752.041	43.792.571	24.625.493	42.648.907
Total Active	78.180.297	95.704.134	76.212.274	94.439.813
Capitaluri Proprii
Capital social	9.916.889	9.916.889	9.920.639	9.920.639
Prime de capital	ി	$\Omega$	$\Omega$
Rezerve	55.531.330	139.668.115	56.875.357	141.010.426
Rezultatul exercitiului	2.760.412	28.646	1.887.468	$-171.100$
Rezultatul reportat	$-2.737.739$	$-76.694.700$	$-5.182.899$	$-79.143.512$
Alte elemente de capitaluri proprii	$-1.352.345$ Ŵ	$-540$	$-1.354.061$	$-540$
Total Capitaluri Proprii	64.118.547	72.918.410	62.146.504	71.615.913
Datorii pe Termen Lung
Imprumuturi pe termen lung și alte datorii	3.780.741	4.061.107	3.780.741	4.061.107
Venituri inregistrate in avans	٠n.	$\mathbf{0}$	$\Omega$
Provizioane	$\mathbf{0}$	0	$\mathbf 0$	0
Datorii privind impozitul amanat	0	0	0	-0
Total Datorii pe Termen Lung	3.780.741	4.061.107	3.780.741	4.061.107
Datorii Curente
Imprumuturi pe termen scurt	220.644	11.317.946	220.644	11.317.946
Datorii comerciale si alte datorii, inclusiv instrumente
financiare derivate	9.948.886	7.370.336	9.952.906	7.408.512
Venituri inregistrate in avans	17.109	36.335	17 109	36.335
Provizioane	94.370	$\mathbf{0}$	94.370
Datorii clasificate ca detinute pentru vanzare	$\overline{\phantom{a}}$ $\overline{\phantom{a}}$	$\mathbf{0}$	0	0
Total Datorii Curente	10.281.009	18.724.617	10.285.029	18.762.793
Total Datorii	14.061.750	22.785.724	14.065.770	22.823.900
Total Capitaluri Proprii si Datorii	78.180.297	95.704.134	76.212.274	94.439.813

Situatia rezultatului global, individual si consolidat - preliminara
la 31.12.2016

	Individual		Consolidat
Indicator	31.12.2016	31.12.2015	31.12.2016	31.12.2015
Activitati Continue
Venituri	26.647.594	27.269.220	25.908.430	26.733.908
Alte venituri	22.979.013	2.668.473	22.979.013	2.668.473
Variatia stocurilor	1.434.438	$-1.791.334$	1.434.438	$-1.791.334$
Total Venituri Operationale	51.061.045	28.146.359	50.321.881	27.611.047
Cheltuieli privind stocurile	16.253.711	15.572.724	16.351.921	15.602.828
Cheltuieli privind utilitatile	3.444.950	3.874.315	3.444.950	3.874.315
Cheltuieli cu beneficiile angajatilor	3.298.070	2.891.459	3.783.427	3.288.563
Cheltuieli cu amortizarea si deprecierea imobilizarilor	2.022.026	2.019.227	2.040.481	2.037.682
Castiguri / pierderi din cedarea imobilizarilor	15.961.754	406.830	15.961.754	406.830
Ajustarea valorii activelor curente	73.558		73.558
Ajustari privind provizioanele	241.396		241.396
Alte cheltuieli	3.322.827	2.533.476	2.833.192	1.752.247
Total Cheltuieli Operationale	44.618.292	27.298.031	44.730.679	26.962.465
Rezultatul Activitatilor Operationale	6.442.753	848.328	5.591.202	648.582
Venituri financiare	532.664	738.296	532.664	738.296
30 Cheltuieli financiare	980.617	1.487.064	980.617	1.487.064
Rezultatul Financiar Net	-447.953	$-748.768$	-447.953	$-748.768$
Rezultatul Inainte de Impozitare	5.994.800	99.560	5.143.249	$-100.186$
Cheltuiala cu impozitul pe profit curent	3.234.388	70.914	3.255.781	70.914
Cheltuieli cu impozitul pe profit amanat
Venituri aferente impozitului pe profit amanat			Nadipi
Rezultatul din Activitati Continue	2.760.412	28.646	1.887.468	$-171.100$
Total Rezultat Global Aferent Perioadei	2.760.412	28.646	1.887.468	in www. $-171.100$

Same Back

ANG BASI

編纂 Schools

PRELIMINARY REPORT FOR FINANCIAL RESULTS OF THE YEAR 2016

• $\triangleright$ DATE OF REPORT

• NAME OF ISSUING COMPANY

• $\triangleright$ HEADQUARTERS
• TELEPHON:
• REGISTRATION CODE NUMBER:
• TRADE REGISTER NUMBER:

• SUBSCRIBED CAPITAL:

• -REGULATED MARKET WHERE

• SECURITIES ARE TRADED:

• $-15/02/2017$

• SC"SINTEZA" SA
• ORADEA. BORSULUI ROAD No.35
• $-0259456116$
• $-67329$
• -J05/197/1991
• -9.916.888,50 RON
• BUCHAREST STOCK EXCHANGE

This report contains preliminary financial statements for 2016, prepared in accordance with International Financial Reporting Standards (IFRS).

Preliminary financial statements are prepared in accordance with the requirements of the Order 881/2012 and Order 2844/2016, applicable to companies whose securities are traded on a regulated market.

In this regard, the statement of financial position contains the information concerning preliminary financial end of year 2016 and the end of financial year 2015.

Statement of comprehensive income include the information concerning the end of financial year 2016 and the end of financial year 2015.

The accounting policies have been applied consistently to the periods.

Appendix:

Appendix 1 - Statement of financial position, individual and consolidated - Preliminary Appendix 2 - Statement of Comprehensive Income, individual and consolidated - Preliminary

General Manager Catalin Marias 'wun

Statement of financial position, individual and consolidated - preliminary
31.12.2016

Indicator	Individual		Consolidated
	31.12.2016	31.12.2015	31.12.2016	31.12.2015
Tangible assets	[뉴스가 뉴피스 B 니슈 업인] .	그림에 나오면 점속
Land an land design	13.971.880	13.485.777	13.971.880	13.485.777
Building	15.951.950	16.636.357	15.951.950	16.636.357
Technical installations and means of transport	16.237.119	15.252.700	16.384.756	15.418.791
Furniture, office equipment	18.837	24.050	18.837	24.050
Tangible assets under construction	5.527.632	5.617.536	4.621.871	5.414.139
Intangible assets
Development expenses	O	$\mathbf 0$	0	$\overline{\phantom{a}}$ 0
Concessions, patents, licenses, trademarks, similar rights and assets	65.595	64.195	65.595	64 195
Intangible assets uder construction	544.911	573.590	544.911	573.590
Financial assets
Shares in subsidiaries and other long term investments	110.332	257.358	26.981	174.007
Total Tangible and Intangible assets	52.428.256	51.911.563	51.586.781	51.790.906
Current assets
Stocks	6.183.475	4.597.091	6.457.159	4.936.822
Trade receivables and other receivables	11.867.789	18.654.445	10.460.078	17.165.230
Expenses in advance	434 940	535.745	434 940	535.745
Cash and cash equivalents	3.101.497	574.359	3.108.976	580.179
Assets classified as held for sale	4.164.340	19.430.931	4.164.340	19.430.931
Total Current assets	25.752.041	43.792.571	24.625.493	42.648.907
Total Assets	78.180.297	95.704.134	76.212.274	94.439.813
Equity
Capital	9.916.889	9.916.889	9.920.639	9.920.639
Share premium	$\mathbf{0}$		0
Reserves	55.531.330	139.668.115	56.875.357	141.010.426
Result for the year	2.760.412	28.646	1.887.468	$-171.100$
Earnings	$-2.737.739$	$-76.694.700$	-5 182.899	$-79.143.512$
Other components of equity	$-1.352.345$	$-540$	$-1.354.061$	$-540$
ni s Astri Total Equity	64.118.547	72.918.410	62.146.504	71.615.913
jaldikarna e tekn Long term liabilities	원 아이 및			755, The Traditional Page
Long term loans and other liabilities	3.780.741	4.061.107	3.780.741	4.061.107
Advance recorded revenue	$\mathbf 0$	0	$\Omega$	-0
Provisions	$\mathbf{0}$	0	0	0
Deferred tax liabilities	0	0	$\mathbf{0}$	O
Total Long Term Liabilities	3.780.741	4.061.107	3.780.741	4.061.107
Current liabilities 300
Short term loans	220,644	11.317.946	220.644	11.317.946
Trade payables and other liabilities, including derivatives	9.948.886	7.370.336	9.952.906	7.408.512
Advance recorded revenue	17.109	36.335	17.109	36.335
Provisions	94.370	$\mathbf{0}$	94.370
Liabilities classified as held for sale	$\mathbf{0}$	$\mathbf 0$	്0	0
Total Current Liabilities	10.281.009	18.724.617	10.285.029	18.762.793
Total Liabilities	14.061.750	22.785.724	14.065.770	22.823.900
Total Equity and Liabilities
	78.180.297	95.704.134	76.212.274	94.439.813

Appendix 2

Statement of comprehensive income, individual and consolidated-preliminary
31.12.2016

Indicator		Individual		Consolidated
	31.12.2016	31.12.2015	31.12.2016	31.12.2015
Continue activities
Revenue	26.647.594	27.269.220	25.908.430	26.733.908
Other income	22.979.013	2.668.473	22.979.013	2.668.473
Stock variations	1.434.438	$-1.791.334$	1.434.438	$-1.791.334$
Total operating income	51.061.045	28.146.359	50.321.881	27.611.047
Expenditure on stocks	16.253.711	15.572.724	16.351.921	15.602.828
Expenditure on utilities	3.444.950	3.874.315	3.444.950	3.874.315
Employee benefits expense	3.298.070	2.891.459	3.783.427	3.288.563
Depreciation and amortization of fixed assets	2.022.026	2.019.227	2.040.481	2.037.682
Wins / losses on disposal of property	15.961.754	406.830	15.961.754	406.830
Adjustment of current assets	73.558		73.558
Adjustments for provisions	241.396	a Libra ya Kristinia	241.396
Other expenses	3.322.827	2.533.476	2.833.192	1.752.247
Total operating expenses	44.618.292	27.298.031	44.730.679	26.962.465
Result operational activities	6.442.753	848.328	5.591.202	648.582
Financial income	532.664	738.296	532.664	738.296
Financial expenses	980.617	1.487.064	980.617	1.487.064
Net Financial Result	-447.953	$-748.768$	-447.953	$-748.768$
Result before tax	5.994.800	99.560	5.143.249	$-100.186$
ATAN 2000			15일 및 대표가
Current income tax expense	3.234.388	70.914	3.255.781	70.914
Deferred income tax expense				42
Income from deferred taxes
The result from continuing operations	2.760.412	28.646	1.887.468	$-171.100$
인구도 Total comprehensive income for the period	2.760.412	28.646	1.887.468	$-171.100$