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AD Plastik d.d.
Annual Report • Feb 26, 2025
2080_10-q_2025-02-26_bd82e6f5-19e1-4e92-9a6b-15f90979e06a.pdf
Annual Report
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UNAUDITED FINANCIAL STATEMENT BY MANAGEMENT OF AD PLASTIK GROUP AND THE COMPANY AD PLASTIK D.D. SOLIN
AD PLASTIK GROUP AND AD PLASTIK D.D. SOLIN
REPORTS FOR THE PERIOD JANUARY 1, 2024 - DECEMBER 31, 2024
The financial statements of all companies within the AD Plastik Group have been prepared on the going concern basis.
The most recent annual financial statements are available on the Zagreb Stock Exchange website at the following link:
The same accounting policies have been applied in preparing the financial statements for the quarterly reporting period as in the most recent annual financial statements.
| Contents | 2 | |
|---|---|---|
| ❶ A BRIEF OVERVIEW | 3 | |
| A brief overview in numbers Comment by Marinko Došen, President of the Management Board |
4 5 |
|
| ❷ | FINANCIAL RESULTS | 6 |
| Financial results for 2024 Market trends Affiliated company EAPS ADPL share Alternative performance measures |
7 11 12 14 16 |
|
| ❸ FINANCIAL STATEMENT OF AD PLASTIK GROUP | 18 | |
| Issuer's general data Balance sheet Statement of profit and loss Statement of cash flows (indirect method) Statement of changes in equity Notes to Financial Statements - QFS |
19 20 24 28 30 34 |
|
| ❹ FINANCIAL STATEMENT OF THE COMPANY AD PLASTIK | 35 | |
| Issuer's general data Balance sheet Statement of profit and loss Statement of cash flows (indirect method) Statement of changes in equity Notes to Financial Statements - QFS |
36 37 41 45 47 51 |
|
| MANAGEMENT'S STATEMENT OF RESPONSIBILITY | 52 |
A BRIEF OVERVIEW
A BRIEF OVERVIEW IN NUMBERS
COMMENT BY PRESIDENT OF THE MANAGEMENT BOARD
Behind us is a year of stable growth, strategic advancements, and adaptations in a dynamic business environment. Despite macroeconomic challenges and uncertainties in the global automotive market, AD Plastik Group has achieved strong business results.
The Group's total revenue reached EUR 152.96 million, representing an 18.2 percent increase, while EBITDA grew by 83.2 percent to EUR 13.21 million. These results confirm the success of our strategy focused on growth and business optimization.
We are particularly pleased by the fact that our key market breakthroughs are already visible. During the reporting period, new deals worth EUR 54.8 million were sealed, and the beginning of 2025 was marked by the signing of a significant contract worth EUR 126.8 million with a new customer in the European market.
The automotive industry is undergoing a period of major change. Expectations of a sharp increase in electric vehicle sales have proven to be overly optimistic, while a significant decline in demand in key European markets clearly indicates a shift in purchasing habits. Hybrid models are taking the lead as the industry adapts to new market circumstances and regulatory requirements.
This dynamic environment brings both challenges and opportunities. AD Plastik Group recognizes market trends in a timely manner and invests in projects that ensure long-term value. We are focused on strengthening operational efficiency, optimizing costs, and making more effective use of production capacities, as well as restructuring and reducing debt. These efforts will provide us with even greater flexibility in future business operations.
One thing is certain – the European automotive industry is entering a period of adaptation, where innovations, market demands, and new business models will shape its future. AD Plastik Group is stepping into 2025 prepared for further growth, strengthening its competitive position, and creating sustainable value for all stakeholders. Our strong focus on technological development and business process optimization enables us to adapt quickly to an increasingly demanding market environment. Understanding trends and maintaining flexibility in responding to changes are key to long-term stability and business sustainability.
In times of dynamic change, our focus remains on delivering quality and reliable solutions that meet the high standards of our customers and market demands. We continue to build our position as a reliable partner, ready for the challenges and opportunities that the future holds.
Marinko Došen President of the Management Board
FINANCIAL RESULTS
FINANCIAL RESULTS FOR 2024
AD Plastik Group is comprised of the following companies during the reporting period:
- AD Plastik d.d., Croatia
- AD Plastik Tisza Kft., Hungary
- ADP d.o.o., Serbia
- AD Plastik d.o.o., Slovenia
- AO AD Plastik Togliatti, Russia
- ZAO AD Plastik Kaluga, Russia
(hereinafter: AD Plastik Group)
The observed business year brought a continuation of the positive growth and stabilization trend, visible through the presented interim reports throughout the year, confirming the resilience and strategic direction of the AD Plastik Group. The achieved results clearly indicate further strengthening of market position and the creation of a foundation for sustainable growth in the future.
The Group's revenue in 2024 amounted to EUR 152.96 million, representing an 18.2 percent increase compared to the previous year. The parent company's revenue grew by 22.8 percent, reaching EUR 116.13 million. New projects are a key driver of revenue growth and will contribute to strengthening business results in 2025 and the upcoming periods as contracted volumes are realized, along with further improvements in capacity utilization and profitability.
The Group's EBITDA amounted to EUR 13.21 million, representing an 83.2 percent increase compared to the previous year. At the same time, the parent company's EBITDA grew by 114.2 percent, reaching EUR 7.72 million. The sales of tools made for projects that entered serial production during the reporting period had a significant impact on the EBITDA growth.
The Group's net profit amounted to EUR 2.15 million, marking significant progress compared to the previous year when a net loss was recorded. The parent company's net profit amounted to EUR 0.36 million, primarily due to the impairment of the investment in the subsidiary ADP d.o.o. in Mladenovac. Otherwise, the parent company's net profit would have been EUR 2.64 million.
The replacement of old vehicle models with new ones in the serial production of the Romanian factory affected the results of the affiliated company, which achieved a net profit of EUR 6.50 million in the reporting year, thus contributing more
modestly to the Group's results compared to the previous year. The results of the parent company were also affected by the decision to pay a lower dividend amount. However, with the full-year production of new models in 2025, a positive impact is expected on capacity utilization and the financial effect of the Romanian company, as well as on the results of the parent company and AD Plastik Group.
The increased level of indebtedness due to financing project activities and investments, along with a higher average borrowing cost, affected the growth of interest expenses in 2024. However, strong deleveraging in the last quarter, along with a decline in reference interest rates and the continued trend of debt reduction, will enable lower financing costs in 2025.
Project and industrialization activities were extremely important during the observed period and had a significant impact on capacities, internal resources, and costs. With regard to the projects that will start their serial production in 2025, and whose full contribution to business results will only be realized, operational and financial efficiency will be significantly improved in the coming period.
Sales activities remain highly dynamic and strongly focused on the European market, with a steady inflow of new contracts. During the reporting period, new deals worth EUR 54.8 million were sealed, and a large number of potentially new contracts and projects are in preparation for 2025.
The Group's achieved results confirm the successful direction of the business and open up opportunities for further improvement in profitability. Investments in capacity development and optimization continue, while simultaneously strengthening financial stability and operational efficiency. Despite existing market challenges, with a strong adaptation strategy in place, the company remains on track for sustainable and long-term growth.
KEY PERFORMANCE INDICATORS
| Indicators | AD Plastik Group | AD Plastik d.d. | |||||
|---|---|---|---|---|---|---|---|
| (in EUR 000) | 2023 | 2024 | Index | 2023 | 2024 | Index | |
| Operating revenue | 129,458 | 152,959 | 118.2 | 94,598 | 116,126 | 122.8 | |
| Sales revenue | 123,832 | 148,062 | 119.6 | 89,388 | 111,242 | 124.4 | |
| Operating expenses | 132,519 | 150,518 | 113.6 | 98,286 | 116,694 | 118.7 | |
| EBITDA* | 7,211 | 13,209 | 183.2 | 3,605 | 7,721 | 214.2 | |
| Net profit | -1,271 | 2,150 | - | 1,040 | 359 | 34.5 | |
| NFD* | 45,882 | 40,345 | 87.9 | 43,928 | 37,598 | 85.6 | |
| NFD/EBITDA* | 6.36 | 3.05 | 48.0 | 12.19 | 4.87 | 40.0 | |
| EBITDA margin* | 5.57% | 8.64% | 307 bps | 3.81% | 6.65% | 284 bps | |
| Net profit margin* | -0.98% | 1.41% | 239 bps | 1.10% | 0.31% | -79 bps | |
| ROE* | -1.26% | 2.17% | 343 bps | 1.15% | 0.39% | -75 bps | |
| Capex* | 8,859 | 12,911 | 145.7 | 7,350 | 11,358 | 154.5 |
* In addition to the measures defined by International Financial Reporting Standards (IFRS), AD Plastik Group also uses alternative performance measures in its reports. An overview and definition of the measures used in this document are provided in Addendum 1.
OPERATING EXPENSES
| Operating expenses | AD Plastik Group | AD Plastik d.d. | ||||
|---|---|---|---|---|---|---|
| (in EUR 000) | 2023 | 2024 | Index | 2023 | 2024 | Index |
| OPERATING EXPENSES | 132,519 | 150,518 | 113.6 | 98,286 | 116,694 | 118.7 |
| Changes in the value of work in process and finished products |
227 | -445 | -196.2 | 85 | -41 | -48.0 |
| Material costs | 83,414 | 99,008 | 118.7 | 65,566 | 81,978 | 125.0 |
| Staff costs | 29,085 | 31,045 | 106.7 | 20,081 | 21,200 | 105.6 |
| Amortization | 10,273 | 10,768 | 104.8 | 7,293 | 8,289 | 113.6 |
| Other costs | 5,127 | 6,358 | 124.0 | 4,244 | 4,511 | 106.3 |
| Provisions | 226 | 171 | 75.7 | 172 | 141 | 81.9 |
| Other operating expenses | 4,168 | 3,612 | 86.7 | 846 | 615 | 72.8 |
NET FINANCIAL RESULT
The pronounced weakening of the rouble throughout the year, along with its volatility and the weakening of the forint, resulted in significant exchange rate differences at the Group level, although these were lower than in the previous year. During the reporting period, interest expenses also increased significantly, primarily due to the rise in the average interest rate on debt, as well as the level of financial debt throughout the year. A lower dividend from the affiliated company in Romania, increased interest expenses, and the impairment of the investment in the company ADP d.o.o. in Mladenovac had a significant impact on the financial results of the parent company.
| Net financial result | AD Plastik Group | AD Plastik d.d. | ||||
|---|---|---|---|---|---|---|
| (in EUR 000) | 2023 | 2024 | Index | 2023 | 2024 | Index |
| FINANCIAL REVENUE | 199 | 271 | 136.0 | 5,337 | 4,125 | 77.3 |
| Interest income | 199 | 271 | 136.0 | 377 | 595 | 157.8 |
| Dividends | - | - | - | 4,960 | 3,470 | 70.0 |
| Other revenue | - | - | - | - | 60 | - |
| FINANCIAL EXPENSES | 2,349 | 2,783 | 118.5 | 836 | 3,608 | 431.4 |
| Negative exchange rate diffe rences |
1,451 | 1,189 | 81.9 | 20 | 3 | 14.6 |
| Interest expenses | 898 | 1,595 | 177.5 | 652 | 1,320 | 202.6 |
| Impairment of investment | - | - | - | - | 2,284 | - |
| Other | - | - | - | 164 | - | - |
| FINANCIAL RESULT | -2,150 | -2,513 | - | 4,501 | 517 | 11.5 |
FINANCIAL POSITION
| AD Plastik d.d. | ||||||
|---|---|---|---|---|---|---|
| 31 Dec 2023 | 31 Dec 2024 | Index | 31 Dec 2023 | 31 Dec 2024 | Index | |
| 189,136 | 181,430 | 95.93 | 163,908 | 157,951 | 96.37 | |
| 124,117 | 124,451 | 100.27 | 116,902 | 115,635 | 98.92 | |
| 63,956 | 55,919 | 87.43 | 46,159 | 41,516 | 89.94 | |
| 1,062 | 1,060 | 99.82 | 846 | 801 | 94.59 | |
| 90,673 | 81,821 | 90.24 | 72,793 | 66,446 | 91.28 | |
| 33,500 | 20,366 | 60.79 | 30,048 | 17,876 | 59.49 | |
| 54,553 | 60,694 | 111.26 | 41,902 | 47,966 | 114.47 | |
| 2,620 | 761 | 29.04 | 843 | 604 | 71.61 | |
| 98,463 | 99,609 | 101.16 | 91,115 | 91,506 | 100.43 | |
| AD Plastik Group |
Although investments during the reporting period were significant, primarily related to new deals, the collection of payments for new projects tools and a positive operating cash flow enabled substantial deleveraging.
Activities aimed at optimizing repayment plans and reducing the pressure of short-term financial liabilities, initiated during 2024, were completed at the beginning of 2025. As a result, the balance sheet as of December 31, 2024, shows an unfavorable ratio of short-term to long-term financial debt. However, through agreements made with creditors, the repayment of EUR 9.39 million has been spread over the coming years, although these amounts were initially due to be settled in 2025. This ensures a balanced loan repayment schedule and improves the company's financial position.
The Group's net financial debt amounted to EUR 40.35 million, representing a decrease of EUR 5.54 million compared to the end of 2023. At the same time, the parent company's net financial debt was reduced by EUR 6.33 million, reaching EUR 37.60 million.
The NFD/EBITDA ratios for both the Group and the parent company have also significantly improved. At the Group level, this ratio now stands at 3.05, while at the parent company level, it amounts to 4.87. Further improvements are expected through continued deleveraging and profitability growth.
The Group's debt ratio decreased from 0.48 to 0.45 as of December 31, 2024, while in the parent company, it declined from 0.44 to 0.42.
MARKET TRENDS
The Group's revenue from the EU and Serbian markets in 2024 reached EUR 131,06 million, representing a 14.6 percent increase compared to the previous year. This growth is primarily driven by the implementation of new projects and the collection of a portion of tooling payments, strengthening production activities and stabilizing revenue flows. The share of these markets accounts for 85.7 percent of the Group's total revenue.
On the other hand, revenue from the Russian market amounted to EUR 21.90 million, representing 14.3 percent of the Group's total revenue. Although operations in this segment remain separate, it is important to emphasize that the Russian subsidiaries continue to be self-sustaining and financially independent from the parent company.
The reporting year was full of ups and downs for the European automotive market. Despite macroeconomic challenges and regulatory changes, the market recorded modest growth of 0.8 percent, reaching a total of 10.6 million newly registered vehicles. However, this slight increase was not uniform. Spain led with a growth of 7.1 percent, while France (-3.2 percent), Germany (-1 percent), and Italy (-0.5 percent) experienced declines, reflecting economic uncertainties and shifts in consumer preferences.
August thus brought the biggest drop in sales in the last three years, with 18.3 percent fewer vehicles registered compared to the same month in 2023. This was mainly due to reduced demand in the main European markets of Germany, France and Italy, which were also the main victims of this trend. Germany and France, as the largest markets for electric vehicles, recorded a significant drop in sales during the year. August was particularly alarming, when EV sales in Germany fell by as much as 68.8 percent, while a drop of 33.1 percent was recorded in France. At the same time, Spain also surprised positively during that month with a growth of 6.3 percent.
In the shadow of increasing regulatory pressures and high production costs, electric vehicles took a serious hit. Overall, EV sales in 2024 dropped by 5.9 percent, reducing their market share to just 13.6 percent This trend highlights growing consumer uncertainty, driven by the removal of subsidies, high production costs, and the slow expansion of charging infrastructure.
At the same time, hybrid vehicles are becoming the new market favorite. Their sales increased by 20.9 percent, reaching a 30.9 percent market share. This puts them in close competition with gasoline-powered vehicles, which hold 33.3 percent of the market and there are real prospects of overtaking them soon. Consumers are increasingly choosing hybrid models as they offer an ideal balance between traditional and electric drives, providing greater flexibility and lower emissions.
Despite the turbulence, the Volkswagen Group continues to firmly hold the leading position with a 26.7 percent market share, showing a slight increase in sales of 3.2 percent. Stellantis, the second-largest manufacturer in Europe, faced a sales decline of 7.2 percent, causing its market share to drop to 16.4 percent. The Renault Group recorded a modest sales increase of 1.3 percent, slightly raising its market share in the EU to 11 percent.
In the long term, the European automotive industry is undergoing a new phase of transformation. Regulatory requirements, environmental awareness, and technological innovations are shaping consumer preferences, but the market continues to face familiar challenges ranging from energy costs to infrastructure availability.
Consumers are more cautious than ever, but their interest in environmentally friendly vehicles remains strong. It is expected that 2025 will bring growth in electric vehicle sales, driven by a broader range of more affordable models, market adjustments to new environmental standards, and increased competition with the entry of new manufacturers into the European market.
AFFILIATED COMPANY EAPS
AD PLASTIK GROUP WITH THE CONSOLIDATION OF THE CORRESPONDING OWNERSHIP PART IN THE AFFILIATED COMPANY
In order to present a clearer picture of the business, a comparable, shortened, consolidated profit and loss account of AD Plastik Group for 2023 and 2024 has been created, with the profit and loss account of the affiliated company Euro Auto Plastic Systems s.r.l. Mioveni, Romania, in which AD Plastik d.d. holds a 50 percent ownership stake.
| Positions (in EUR 000) | 2023 | 2024 | Index | |
|---|---|---|---|---|
| OPERATING REVENUE | 177,885 | 215,177 | 121.0 | |
| OPERATING EXPENSES | 175,817 | 208,520 | 118.6 | |
| Material costs | 101,969 | 131,346 | 128.8 | |
| Staff costs | 39,091 | 40,579 | 103.8 | |
| Amortization | 11,173 | 12,540 | 112.2 | |
| Other costs | 23,584 | 24,055 | 102.0 | |
| FINANCIAL REVENUE | 237 | 271 | 114.0 | |
| FINANCIAL EXPENSES | 2,335 | 3,141 | 134.5 | |
| TOTAL REVENUE | 178,122 | 215,447 | 121.0 | |
| TOTAL EXPENSES | 178,152 | 211,661 | 118.8 | |
| Profit before taxation | -30 | 3,786 | - | |
| Profit tax | 1,244 | 1,636 | 131.6 | |
| PROFIT OF THE PERIOD | -1,273 | 2,150 | - | |
| EBITDA | 13,241 | 19,197 | 145.0 |
The operating revenue of AD Plastik Group with the consolidated corresponding ownership part in the affiliated company amounted to EUR 215.18 million, representing an increase of 21.0 percent compared to the previous period. EBITDA amounted to EUR 19,20 million.
AFFILIATED COMPANY EAPS
ABBREVIATED P/L AND THE BALANCE SHEET OF THE AFFILIATED COMPANY EAPS
EAPS results have been included in the results of AD Plastik Group by the equity method. The operating revenue of this company increased by 29.4 percent and amounted to EUR 129.63 million. However, due to the previously mentioned transition to the production of new vehicle models and associated costs, net profit decreased compared to the same period, amounting to EUR 6.50 million. It is expected that the full annual production of the new model, along with high capacity utilization, will have a significant positive impact on the profitability of this company in the coming years.
During the reporting period, EAPS investments amounted to EUR 4.30 million, primarily directed towards the acceptance of new projects and the renewal of the machinery, a process that began in 2023.
The majority of EAPS's revenue comes from the Romanian market, while smaller portions are delivered to markets in Morocco, Brazil, Colombia, Argentina, and Turkey.
| Positions (in EUR 000) | 2023 | 2024 | Index |
|---|---|---|---|
| Operating revenue | 100,190 | 129,632 | 129.4 |
| Operating expenses | -89,928 | -121,201 | 134.8 |
| Net financial result | 105 | -715 | -681.4 |
| Profit before taxation | 10,367 | 7,716 | 74.4 |
| Profit tax | -1,649 | -1,220 | 74.0 |
| Profit of the period | 8,718 | 6,496 | 74.5 |
100% realization shown
| Positions (in EUR 000) | 2023 | 2024 | Index |
|---|---|---|---|
| Noncurrent assets | 19,478 | 23,809 | 122.2 |
| Current assets | 38,767 | 59,973 | 154.7 |
| TOTAL ASSETS | 58,245 | 83,782 | 143.8 |
| Capital + provisions | 21,015 | 20,580 | 97.9 |
| Noncurrent liabilities and provi sions |
1,271 | 4,074 | 320.5 |
| Current liabilities | 35,959 | 59,128 | 164.4 |
| TOTAL LIABILITIES | 58,245 | 83,782 | 143.8 |
ADPL SHARE
ADPL SHARE PRICE AND CROBEX INDEX BEHAVIOR
| - 31.0% ADPL + 25.9% CROBEX |
|---|
| -------------------------------- |
| ADPL | 31 Dec 2023 | 31 Dec 2024 | Index |
|---|---|---|---|
| Final price (EUR) | 13.7 | 9.5 | 69.1 |
| Average price (EUR) | 14.2 | 12.4 | 87.1 |
| The highest price (EUR) | 17.2 | 13.9 | 80.8 |
| The lowest price (EUR) | 10.5 | 9.4 | 89.5 |
| Volume | 346,352 | 410,813 | 118.6 |
| Turnover (EUR) | 4,927,042 | 5,088,190 | 103.3 |
| Market capitalization (EUR)* | 57,534,301 | 39,728,065 | 69.1 |
| EPS (EUR)* | -0.3 | 0.5 | - |
* In addition to the measures defined by International Financial Reporting Standards (IFRS), AD Plastik Group also uses alternative performance measures in its reports. An overview and definition of the measures used in this document are provided in Addendum 1.
ADPL SHARE
The reporting period was marked by strong growth in global capital markets, despite geopolitical instabilities and risks. For instance, the S&P 500 saw an increase of 23.3 percent, while the Dow Jones Industrial Average rose by 12.9 percent, confirming a positive investment sentiment.
However, the movements of indices related to the automotive industry were significantly more modest, even negative, which was reflected in a sharp decline in the share prices of peer companies. Weaker-than-expected sales of new vehicles, along with uncertainties surrounding European electrification plans, were key factors putting additional pressure on share performances in this sector.
The trend of decreasing interest rates by central banks, which characterized the previous year and is expected to continue in the current year, certainly has a significant impact on market flows and investment decisions.
The value of ADPL share on December 31, 2024, amounted to EUR 9.5, reflecting a 31 percent decrease compared to the end of 2023. At the same time, the Crobex index grew by 25.9 percent during the same period, further confirming the divergence between the broader market and the specific challenges faced by the automotive sector.
OWNERSHIP STRUCTURE AS OF DECEMBER 31, 2024
ALTERNATIVE PERFORMANCE MEASURES
In addition to the financial performance measures defined by International Financial Reporting Standards (IFRS), AD Plastik Group also uses certain alternative performance measures in its reports, considering them useful for business performance analysis for investors. Alternative performance measures show comparative periods so that the company's results can be compared over different periods.
EBITDA AND EBITDA MARGIN
EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization) represents the operating profit (operating revenue minus operating expenses) increased by amortization of tangible and intangible assets. The company also presents an EBITDA margin that represents a percentage of EBITDA relative to operating revenue.
NET PROFIT MARGIN
It is calculated by the ratio of realized net profit and operating revenue. The company uses this measure to track its profitability relative to operating revenue.
NET DEBT AND NET DEBT IN RELATION TO EBITDA
Net debt represents the sum of short-term and long-term liabilities to banks and short-term and long-term loans to non-banking companies, minus cash and cash equivalents. AD Plastik Group uses the ratio of net debt to EBITDA as an indicator of financial stability and the company's ability to repay its financial obligations. When calculating the indicators on a quarterly basis, the EBITDA realized in the last four quarters is taken into account.
| AD Plastik Group (in EUR 000) | 31 Dec 2023 |
31 Dec 2024 |
|---|---|---|
| Non-bank loans | 3,127 | 2,282 |
| Noncurrent liabilities to banks | 30,367 | 17,850 |
| Current liabilities to banks | 16,431 | 24,475 |
| Cash | -4,042 | -4,262 |
| Net financial debt | 45,882 | 40,345 |
AD Plastik d.d. (in EUR 000) 31 Dec 2023 31 Dec 2024 Non-bank loans 2,508 1,904 Noncurrent liabilities to banks 27,899 16,178 Current liabilities to banks 14,546 22,562 Cash -1,025 -3,046 Net financial debt 43,928 37,598
ALTERNATIVE PERFORMANCE MEASURES
ROE
This measure is used to monitor the realized return on equity. It is calculated on an annual and quarterly basis. When calculating the indicators on an annual basis, the ratio is the net profit of the current period and the average value of equity (the average value of equity at the end of the reporting period and equity at the beginning of the reporting period). At the quarterly level, it is calculated by the ratio of net profit for the last four quarters and the average value of equity (average value of equity at the end of the reporting period and equity at the end of the same period of the previous year).
CAPEX
Capital investments are indirect cash flow position and they are related to payments for tangible and intangible assets. This measure is used as an indicator of the use of funds to achieve future economic flows and ensure the distribution of funds in accordance with the Group's strategy.
INDEBTEDNESS RATIO
The indebtedness ratio is the ratio of total liabilities to total assets. This measure is used to monitor the company's financial risk in terms of growth of liabilities in relation to assets.
MARKET CAPITALIZATION
Market capitalization is the total market value of the company, and it is calculated as the product of the total number of shares and the last share price on the day of the reporting period.
| 31 Dec 2023 |
31 Dec 2024 |
|
|---|---|---|
| Last price in the period (EUR) | 13.7 | 9.5 |
| Number of shares (000) | 4,200 | 4,200 |
| Market capitalization (in EUR 000) |
57,534 | 39,728 |
EPS and P/E
These measures are used so that investors can analyze the value of the share. Earnings per share (EPS) are calculated by dividing net profit by the weighted average number of shares. The quarterly calculation uses the net profit realized in the last four quarters.
| 31 Dec 2023 |
31 Dec 2024 |
|
|---|---|---|
| Net profit/loss of the period (in EUR 000) |
-1,271 | 2,150 |
| Average weighted number of shares (000) |
4,159 | 4,161 |
| EPS (EUR) | -0.31 | 0.53 |
P/E is the ratio of price to earnings per share (EPS). The price represents the share price on the last day of the reporting period, and in the quarterly calculation, net profit represents the realized profit in the last four quarters.
❸ FINANCIAL STATEMENT OF AD PLASTIK GROUP
ISSUER'S GENERAL DATA ANNEX 1
| Reporting period: | 01. 01. 2024 | to | 31. 12. 2024 |
|---|---|---|---|
| Year: | 2024 | Quarter: | 4 |
QUARTERLY FINANCIAL STATEMENTS
| Registration number (MB): | 03440494 | Issuer's home Member State code: | HR |
|---|---|---|---|
| Entity's registration number (MBS): | 060007090 | ||
| Personal identification number (OIB): | 48351740621 | LEI: | 549300NFX18SRZHNT751 |
| Institution code: | 382 | ||
| Name of the issuer: | AD PLASTIK d.d. | ||
| Postcode and town: | 21210 | Solin | |
| Street and house number: | Matoševa 8 | ||
| E-mail address: | [email protected] | ||
| Web address: | www.adplastik.hr | ||
| Number of employees (end of the reporting period): |
1802 | ||
| Consolidated report: | KD | (KN-not consolidated/KD-consolidated) | |
| Audited: | RN | (RN-not audited/RD-audited) |
| Names of subsidiaries (according to IFRS): | Registered office: | MB | |||
|---|---|---|---|---|---|
| AD PLASTIK d.d. | Solin, Croatia | 03440494 | |||
| AO AD PLASTIK TOGLIATTI | Samara, Russian Federation | 1036300221935 | |||
| ZAO AD PLASTIK KALUGA | Kaluga, Russian Federation | 1074710000320 | |||
| AD PLASTIK TISZA Kft. | Tiszaujvaros, Hungary | 12800821-2932-133-05 | |||
| ADP d.o.o. | Mladenovac, Serbia | 20787538 | |||
| AD PLASTIK d.o.o. | Novo Mesto, Slovenia | 1214985000 | |||
| Bookkeeping firm: | NO | (Yes/No) | |||
| Contact person: | Jurun Krešimir | (only name and surname of the contact person) | |||
| Telephone: | 021/206-663 | ||||
| E-mail address: | [email protected] | ||||
| Audit firm: | (name of the audit firm) | ||||
| Certified auditor: | (name and surname) |
| ITEM | ADP CODE |
LAST DAY OF THE PRECEDING BUSI NESS YEAR |
AT THE REPORTING DATE OF THE CU RRENT PERIOD |
||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | ||
| ASSETS | |||||
| A | RECEIVABLES FOR SUBSCRIBED CAPITAL UNPAID | 001 | 0 | 0 | |
| B | FIXED ASSETS (ADP 003+010+020+031+036) | 002 | 124,117,227 | 124,450,570 | |
| I. | INTANGIBLE ASSETS (ADP 004 to 009) | 003 | 11,962,756 | 11,861,166 | |
| 1 Research and development | 004 | 3,318,626 | 6,047,525 | ||
| 2 Concessions, patents, licences, trademarks, software and other rights | 005 | 243,784 | 183,986 | ||
| 3 Goodwill | 006 | 2,390,912 | 2,390,912 | ||
| 4 Advances for the purchase of intangible assets | 007 | 0 | 0 | ||
| 5 Intangible assets in preparation | 008 | 5,743,494 | 3,151,263 | ||
| 6 Other intangible assets | 009 | 265,940 | 87,480 | ||
| II | TANGIBLE ASSETS (ADP 011 to 019) | 010 | 97,247,073 | 97,794,191 | |
| 1 Land | 011 | 18,275,491 | 18,243,681 | ||
| 2 Buildings | 012 | 34,959,231 | 33,900,103 | ||
| 3 Plant and equipment | 013 | 26,952,464 | 28,620,658 | ||
| 4 Tools, working inventory and transportation assets | 014 | 4,616,302 | 5,743,602 | ||
| 5 Biological assets | 015 | 0 | 0 | ||
| 6 Advances for the purchase of tangible assets | 016 | 247,018 | 19,879 | ||
| 7 Tangible assets in preparation | 017 | 6,369,785 | 5,502,631 | ||
| 8 Other tangible assets | 018 | 2,570,331 | 2,546,449 | ||
| 9 Investment property | 019 | 3,256,451 | 3,217,188 | ||
| III FIXED FINANCIAL ASSETS (ADP 021 to 030) | 020 | 11,871,996 | 11,649,365 | ||
| 1 Investments in holdings (shares) of undertakings within the group | 021 | 0 | 0 | ||
| 2 Investments in other securities of undertakings within the group | 022 | 0 | 0 | ||
| 3 Loans, deposits, etc. to undertakings within the group | 023 | 0 | 0 | ||
| 4. Investments in holdings (shares) of companies linked by virtue of participating interests | 024 | 11,871,996 | 11,649,365 | ||
| 5 Investment in other securities of companies linked by virtue of participating interests | 025 | 0 | 0 | ||
| 6 Loans, deposits etc. to companies linked by virtue of participating interests | 026 | 0 | 0 | ||
| 7 Investments in securities | 027 | 0 | 0 | ||
| 8 Loans, deposits, etc. given | 028 | 0 | 0 | ||
| 9 Other investments accounted for using the equity method | 029 | 0 | 0 | ||
| 10 Other fixed financial assets | 030 | 0 | 0 | ||
| IV RECEIVABLES (ADP 032 to 035) | 031 | 0 | 0 | ||
| 1 Receivables from undertakings within the group | 032 | 0 | 0 | ||
| 2 Receivables from companies linked by virtue of participating interests | 033 | 0 | 0 | ||
| 3 Customer receivables | 034 | 0 | 0 | ||
| 4 Other receivables | 035 | 0 | 0 | ||
| V | DEFERRED TAX ASSETS | 036 | 3,035,402 | 3,145,848 |
| ITEM | ADP CODE |
LAST DAY OF THE PRECEDING BUSI NESS YEAR |
AT THE REPORTING DATE OF THE CU RRENT PERIOD |
|
|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |
| C | CURRENT ASSETS (ADP 038+046+053+063) | 037 | 63,956,366 | 55,918,788 |
| I INVENTORIES (ADP 039 to 045) |
038 | 32,288,256 | 23,460,619 | |
| 1 Raw materials and consumables | 039 | 9,990,039 | 11,361,760 | |
| 2 Work in progress | 040 | 1,835,504 | 1,813,660 | |
| 3 Finished goods | 041 | 3,203,063 | 3,432,235 | |
| 4 Merchandise | 042 | 12,185,378 | 5,526,093 | |
| 5 Advances for inventories | 043 | 5,074,272 | 1,326,871 | |
| 6 Fixed assets held for sale | 044 | 0 | 0 | |
| 7 Biological assets | 045 | 0 | 0 | |
| II RECEIVABLES (ADP 047 to 052) |
046 | 27,625,652 | 28,195,062 | |
| 1 Receivables from undertakings within the group | 047 | 0 | 0 | |
| 2 Receivables from companies linked by virtue of participating interests | 048 | 1,123,466 | 4,744,454 | |
| 3 Customer receivables | 049 | 20,410,598 | 20,400,692 | |
| 4 Receivables from employees and members of the undertaking | 050 | 109,578 | 26,049 | |
| 5 Receivables from government and other institutions | 051 | 4,811,458 | 2,640,969 | |
| 6 Other receivables | 052 | 1,170,552 | 382,898 | |
| III CURRENT FINANCIAL ASSETS (ADP 054 to 062) | 053 | 0 | 1,054 | |
| 1 Investments in holdings (shares) of undertakings within the group | 054 | 0 | 0 | |
| 2 Investments in other securities of undertakings within the group | 055 | 0 | 0 | |
| 3 Loans, deposits, etc. to undertakings within the group | 056 | 0 | 0 | |
| 4 Investments in holdings (shares) of companies linked by virtue of participating interests | 057 | 0 | 0 | |
| 5 Investment in other securities of companies linked by virtue of participating interests | 058 | 0 | 0 | |
| 6 Loans, deposits etc. to companies linked by virtue of participating interests | 059 | 0 | 0 | |
| 7 Investments in securities | 060 | 0 | 0 | |
| 8 Loans, deposits, etc. given | 061 | 0 | 1,054 | |
| 9 Other financial assets | 062 | 0 | 0 | |
| IV CASH AT BANK AND IN HAND | 063 | 4,042,458 | 4,262,053 | |
| D | PREPAID EXPENSES AND ACCRUED INCOME | 064 | 1,062,268 | 1,060,349 |
| E | TOTAL ASSETS (ADP 001+002+037+064) | 065 | 189,135,861 | 181,429,707 |
| F | OFF-BALANCE SHEET ITEMS | 066 | 8,332,098 | 9,222,292 |
| ITEM | ADP CODE |
LAST DAY OF THE PRECEDING BUSI NESS YEAR |
AT THE REPORTING DATE OF THE CU RRENT PERIOD |
||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | ||
| LIABILITIES | |||||
| A | CAPITAL AND RESERVES (ADP 068 to 070+076+077+083+086+089) | 067 | 98,463,360 | 99,608,537 | |
| I | INITIAL (SUBSCRIBED) CAPITAL | 068 | 54,594,592 | 54,594,592 | |
| II | CAPITAL RESERVES | 069 | 25,938,305 | 25,893,236 | |
| III RESERVES FROM PROFIT (ADP 071+072-073+074+075) | 070 | 9,684,939 | 10,089,571 | ||
| 1 Legal reserves | 071 | 885,798 | 885,798 | ||
| 2 Reserves for treasury shares | 072 | 2,772,641 | 871,127 | ||
| 3 Treasury shares and holdings (deductible item) | 073 | -871,127 | -793,595 | ||
| 4 Statutory reserves | 074 | 16,639 | 16,639 | ||
| 5 Other reserves | 075 | 6,880,988 | 9,109,602 | ||
| IV REVALUATION RESERVES | 076 | -3,796,100 | -4,060,866 | ||
| V | FAIR VALUE RESERVES AND OTHER (ADP 078 to 082) | 077 | -6,626,452 | -7,043,551 | |
| 1 Financial assets at fair value through other comprehensive income (i.e. available for sale) | 078 | 0 | 0 | ||
| 2 Cash flow hedge - effective portion | 079 | 0 | 0 | ||
| 3 Hedge of a net investment in a foreign operation - effective portion | 080 | 0 | 0 | ||
| 4 Other fair value reserves | 081 | 0 | 0 | ||
| 5 Exchange differences arising from the translation of foreign operations (consolidation) | 082 | -6,626,452 | -7,043,551 | ||
| VI RETAINED PROFIT OR LOSS BROUGHT FORWARD (ADP 084-085) | 083 | 19,939,404 | 17,985,811 | ||
| 1 Retained profit | 084 | 19,939,404 | 17,985,811 | ||
| 2 Loss brought forward | 085 | 0 | 0 | ||
| VII PROFIT OR LOSS FOR THE BUSINESS YEAR (ADP 087-088) | 086 | -1,271,328 | 2,149,744 | ||
| 1 Profit for the business year | 087 | 0 | 2,149,744 | ||
| 2 Loss for the business year | 088 | 1,271,328 | 0 | ||
| VIII MINORITY (NON-CONTROLLING) INTEREST | 089 | 0 | 0 | ||
| B | PROVISIONS (ADP 091 to 096) | 090 | 460,819 | 465,618 | |
| 1 Provisions for pensions, termination benefits and similar obligations | 091 | 316,408 | 307,054 | ||
| 2 Provisions for tax liabilities | 092 | 0 | 0 | ||
| 3 Provisions for ongoing legal cases | 093 | 0 | 0 | ||
| 4 Provisions for renewal of natural resources | 094 | 0 | 0 | ||
| 5 Provisions for warranty obligations | 095 | 0 | 0 | ||
| 6 Other provisions | 096 | 144,411 | 158,564 |
| ITEM | ADP CODE |
LAST DAY OF THE PRECEDING BUSI NESS YEAR |
AT THE REPORTING DATE OF THE CU RRENT PERIOD |
|
|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |
| C | LONG-TERM LIABILITIES (ADP 098 to 108) | 097 | 33,039,473 | 19,900,651 |
| 1 Liabilities to undertakings within the group | 098 | 0 | 0 | |
| 2 Liabilities for loans, deposits, etc. of undertakings within the group | 099 | 0 | 0 | |
| 3 Liabilities to companies linked by virtue of participating interests | 100 | 0 | 0 | |
| 4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests | 101 | 0 | 0 | |
| 5 Liabilities for loans, deposits etc. | 102 | 198,956 | 0 | |
| 6 Liabilities to banks and other financial institutions | 103 | 30,366,605 | 17,850,312 | |
| 7 Liabilities for advance payments | 104 | 0 | 0 | |
| 8 Liabilities to suppliers | 105 | 0 | 0 | |
| 9 Liabilities for securities | 106 | 0 | 0 | |
| 10 Other long-term liabilities | 107 | 1,618,262 | 1,127,657 | |
| 11 Deferred tax liability | 108 | 855,650 | 922,682 | |
| D | SHORT-TERM LIABILITIES (ADP 110 to 123) | 109 | 54,552,644 | 60,694,160 |
| 1 Liabilities to undertakings within the group | 110 | 0 | 0 | |
| 2 Liabilities for loans, deposits, etc. of undertakings within the group | 111 | 0 | 0 | |
| 3 Liabilities to companies linked by virtue of participating interests | 112 | 0 | 12,595 | |
| 4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests | 113 | 0 | 0 | |
| 5 Liabilities for loans, deposits etc. | 114 | 2,928,539 | 2,281,768 | |
| 6 Liabilities to banks and other financial institutions | 115 | 16,430,659 | 24,474,508 | |
| 7 Liabilities for advance payments | 116 | 10,338,924 | 5,934,557 | |
| 8 Liabilities to suppliers | 117 | 18,357,590 | 21,672,459 | |
| 9 Liabilities for securities | 118 | 0 | 0 | |
| 10 Liabilities to employees | 119 | 1,670,786 | 1,838,676 | |
| 11 Taxes, contributions and similar liabilities | 120 | 2,771,056 | 2,008,413 | |
| 12 Liabilities arising from the share in the result | 121 | 22,349 | 22,349 | |
| 13 Liabilities arising from fixed assets held for sale | 122 | 0 | 0 | |
| 14 Other short-term liabilities | 123 | 2,032,741 | 2,448,835 | |
| E | ACCRUALS AND DEFERRED INCOME | 124 | 2,619,565 | 760,741 |
| F | TOTAL – LIABILITIES (ADP 067+090+097+109+124) | 125 | 189,135,861 | 181,429,707 |
| G | OFF-BALANCE SHEET ITEMS | 126 | 8,332,098 | 9,222,292 |
| SAME PERIOD OF THE PREVIOUS YEAR |
CURRENT PERIOD | |||||
|---|---|---|---|---|---|---|
| ITEM 1 |
ADP CODE 2 |
CUMULATIVE 3 |
QUARTER 4 |
CUMULATIVE 5 |
QUARTER 6 |
|
| I | OPERATING INCOME (ADP 002 to 006) | 001 | 129,457,621 | 34,485,697 | 152,959,245 | 41,434,228 |
| 1 Income from sales with undertakings within the Group | 002 | 0 | 0 | 0 | 0 | |
| 2 Income from sales (outside Group) | 003 | 123,832,056 | 33,059,461 | 148,062,203 | 40,486,660 | |
| 3 Income from the use of own products, goods and services | 004 | 81,529 | -7,442 | 399,639 | 275,510 | |
| 4 Other operating income with undertakings within the Group | 005 | 0 | 0 | 0 | 0 | |
| 5 Other operating income (outside the Group) | 006 | 5,544,036 | 1,433,678 | 4,497,403 | 672,058 | |
| II | OPERATING EXPENSES (ADP 008+009+013+017+018+019+022+029) | 007 | 132,519,198 | 36,904,058 | 150,518,241 | 40,175,363 |
| 1 Changes in inventories of work in progress and finished goods | 008 | 226,669 | -200,655 | -444,758 | -674,116 | |
| 2 Material costs (ADP 010 to 012) | 009 | 83,413,766 | 21,667,906 | 99,008,131 | 25,746,044 | |
| a) Costs of raw materials and consumables | 010 | 64,018,662 | 16,802,916 | 64,414,238 | 17,754,854 | |
| b) Costs of goods sold | 011 | 7,223,457 | 1,433,648 | 24,383,495 | 6,266,190 | |
| c) Other external costs | 012 | 12,171,647 | 3,431,342 | 10,210,398 | 1,725,000 | |
| 3 Staff costs (ADP 014 to 016) | 013 | 29,084,664 | 7,253,463 | 31,044,768 | 7,943,571 | |
| a) Net salaries and wages | 014 | 18,200,410 | 4,533,501 | 19,513,247 | 5,016,431 | |
| b) Tax and contributions from salary costs | 015 | 6,893,992 | 1,718,636 | 7,228,402 | 1,845,315 | |
| c) Contributions on salaries | 016 | 3,990,262 | 1,001,326 | 4,303,119 | 1,081,825 | |
| 4 Depreciation | 017 | 10,273,062 | 2,711,606 | 10,768,428 | 3,002,560 | |
| 5 Other costs | 018 | 5,126,796 | 1,532,554 | 6,358,433 | 2,723,655 | |
| 6 Value adjustments (ADP 020+021) | 019 | 0 | 0 | 0 | 0 | |
| a) fixed assets other than financial assets | 020 | 0 | 0 | 0 | 0 | |
| b) current assets other than financial assets | 021 | 0 | 0 | 0 | 0 | |
| 7 Provisions (ADP 023 to 028) | 022 | 226,012 | 226,012 | 171,028 | 171,028 | |
| a) Provisions for pensions, termination benefits and similar obligations |
023 | 25,645 | 25,645 | 159,251 | 159,251 | |
| b) Provisions for tax liabilities | 024 | 0 | 0 | 0 | 0 | |
| c) Provisions for ongoing legal cases | 025 | 12,667 | 12,667 | 7,314 | 7,314 | |
| d) Provisions for renewal of natural resources | 026 | 0 | 0 | 0 | 0 | |
| e) Provisions for warranty obligations | 027 | 0 | 0 | 0 | 0 | |
| f) Other provisions | 028 | 187,700 | 187,700 | 4,463 | 4,463 | |
| 8 Other operating expenses | 029 | 4,168,229 | 3,713,172 | 3,612,211 | 1,262,621 |
| SAME PERIOD OF THE PREVIOUS YEAR |
CURRENT PERIOD | ||||||
|---|---|---|---|---|---|---|---|
| ITEM 1 |
ADP CODE 2 |
CUMULATIVE 3 |
QUARTER 4 |
CUMULATIVE 5 |
QUARTER 6 |
||
| III | FINANCIAL INCOME (ADP 031 to 040) | 030 | 198,894 | 106,319 | 270,543 | 24,963 | |
| 1 Income from investments in holdings (shares) of undertakings within the Group |
031 | 0 | 0 | 0 | 0 | ||
| 2 Income from investments in holdings (shares) of companies linked by virtue of participating interests |
032 | 0 | 0 | 0 | 0 | ||
| 3 Income from other long-term financial investment and loans granted to undertakings within the Group |
033 | 0 | 0 | 0 | 0 | ||
| 4 Other interest income from operations with undertakings within the Group |
034 | 0 | 0 | 0 | 0 | ||
| 5 Exchange rate differences and other financial income from operations with undertakings within the Group |
035 | 0 | 0 | 0 | 0 | ||
| 6 Income from other long-term financial investments and loans | 036 | 0 | 0 | 0 | 0 | ||
| 7 Other interest income | 037 | 198,894 | 106,319 | 270,543 | 24,963 | ||
| 8 Exchange rate differences and other financial income | 038 | 0 | 0 | 0 | 0 | ||
| 9 Unrealised gains (income) from financial assets | 039 | 0 | 0 | 0 | 0 | ||
| 10 Other financial income | 040 | 0 | 0 | 0 | 0 | ||
| IV | FINANCIAL EXPENSES (ADP 042 to 048) | 041 | 2,348,864 | -144,587 | 2,783,188 | 794,726 | |
| 1 Interest expenses and similar expenses with undertakings within the Group |
042 | 0 | 0 | 0 | 0 | ||
| 2 Exchange rate differences and other expenses from operati ons with undertakings within the Group |
043 | 1,269,905 | -279,545 | 397,286 | 89,219 | ||
| 3 Interest expenses and similar expenses | 044 | 898,241 | 315,443 | 1,594,679 | 387,719 | ||
| 4 Exchange rate differences and other expenses | 045 | 180,718 | -180,485 | 791,223 | 317,788 | ||
| 5 Unrealised losses (expenses) from financial assets | 046 | 0 | 0 | 0 | 0 | ||
| 6 Value adjustments of financial assets (net) | 047 | 0 | 0 | 0 | 0 | ||
| 7 Other financial expenses | 048 | 0 | 0 | 0 | 0 | ||
| V | SHARE IN PROFIT FROM UNDERTAKINGS LINKED BY VIRTUE OF PARTICIPATING INTERESTS |
049 | 4,358,922 | 914,482 | 3,247,754 | 1,172,874 | |
| VI | SHARE IN PROFIT FROM JOINT VENTURES | 050 | 0 | 0 | 0 | 0 | |
| VII SHARE IN LOSS OF COMPANIES LINKED BY VIRTUE OF PARTICIPATING INTEREST |
051 | 0 | 0 | 0 | 0 | ||
| VIII SHARE IN LOSS OF JOINT VENTURES | 052 | 0 | 0 | 0 | 0 | ||
| IX | TOTAL INCOME (ADP 001+030+049 +050) | 053 | 134,015,437 | 35,506,498 | 156,477,542 | 42,632,065 | |
| X | TOTAL EXPENDITURE (ADP 007+041+051 + 052) | 054 | 134,868,062 | 36,759,471 | 153,301,429 | 40,970,089 | |
| XI PRE-TAX PROFIT OR LOSS (ADP 053-054) | 055 | -852,625 | -1,252,973 | 3,176,113 | 1,661,976 | ||
| 1 Pre-tax profit (ADP 053-054) | 056 | 0 | 0 | 3,176,113 | 1,661,976 | ||
| 2 Pre-tax loss (ADP 054-053) | 057 | -852,625 | -1,252,973 | 0 | 0 | ||
| XII | INCOME TAX | 058 | 418,703 | 421,261 | 1,026,369 | 93,874 | |
| XIII PROFIT OR LOSS FOR THE PERIOD (ADP 055-059) | 059 | -1,271,328 | -1,674,234 | 2,149,744 | 1,568,102 | ||
| 1 Profit for the period (ADP 055-059) | 060 | 0 | 0 | 2,149,744 | 1,568,102 | ||
| 2 Loss for the period (ADP 059-055) | 061 | -1,271,328 | -1,674,234 | 0 | 0 |
Submitter: AD Plastik Group (in EUR)
| SAME PERIOD OF THE PREVIOUS YEAR |
CURRENT PERIOD | |||||
|---|---|---|---|---|---|---|
| ITEM | ADP CODE |
CUMULATIVE | QUARTER | CUMULATIVE | QUARTER | |
| 1 | 2 | 3 | 4 | 5 | 6 | |
| DISCONTINUED OPERATIONS (to be filled in by undertakings subject to IFRS only with discontinued operations) | ||||||
| XIV PRE-TAX PROFIT OR LOSS OF DISCONTINUED OPERATIONS (ADP 063-064) |
062 | 0 | 0 | 0 | 0 | |
| 1 Pre-tax profit from discontinued operations | 063 | 0 | 0 | 0 | 0 | |
| 2 Pre-tax loss on discontinued operations | 064 | 0 | 0 | 0 | 0 | |
| XV INCOME TAX OF DISCONTINUED OPERATIONS | 065 | 0 | 0 | 0 | 0 | |
| 1 Discontinued operations profit for the period (ADP 062-065) | 066 | 0 | 0 | 0 | 0 | |
| 2 Discontinued operations loss for the period (ADP 065-062) | 067 | 0 | 0 | 0 | 0 | |
| TOTAL OPERATIONS (to be filled in only by undertakings subject to IFRS with discontinued operations) XVI PRE-TAX PROFIT OR LOSS (ADP 055-+062) |
068 | 0 | 0 | 0 | 0 | |
| 1 Pre-tax profit (ADP 068) | 069 | 0 | 0 | 0 | 0 | |
| 2 Pre-tax loss (ADP 068) | 070 | 0 | 0 | 0 | 0 | |
| XVII INCOME TAX (ADP 058+065) | 071 | 0 | 0 | 0 | 0 | |
| XVIII PROFIT OR LOSS FOR THE PERIOD (ADP 068-071) | 072 | 0 | 0 | 0 | 0 |
APPENDIX to the P&L (to be filled in by undertakings that draw up consolidated annual financial statements)
| XIX PROFIT OR LOSS FOR THE PERIOD (ADP 076+077) | 075 | -1,271,328 | -1,674,234 | 2,149,744 | 1,568,102 |
|---|---|---|---|---|---|
| 1 Attributable to owners of the parent | 076 | -1,271,328 | -1,674,234 | 2,149,744 | 1,568,102 |
| 2 Attributable to minority (non-controlling) interest | 077 | 0 | 0 | 0 | 0 |
1 Profit for the period (ADP 068-071) 073 0 0 0 0 2 Loss for the period (ADP 071-068) 074 0 0 0 0
Submitter: AD Plastik Group (in EUR)
| SAME PERIOD OF THE PREVIOUS YEAR |
CURRENT PERIOD | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| ITEM 1 |
ADP CODE 2 |
CUMULATIVE 3 |
QUARTER 4 |
CUMULATIVE 5 |
QUARTER 6 |
||||
| STATEMENT OF OTHER COMPRHENSIVE INCOME (to be filled in by undertakings subject to IFRS) | |||||||||
| I | PROFIT OR LOSS FOR THE PERIOD | 078 | -1,271,328 | -1,674,234 | 2,149,744 | 1,568,102 | |||
| II | OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAX (ADP 80+ 87) |
079 | -4,211,054 | 658,848 | -1,036,633 | -374,833 | |||
| III | Items that will not be reclassified to profit or loss (ADP 081 to 085) | 080 | 0 | 0 | 0 | 0 | |||
| 1 Changes in revaluation reserves of fixed tangible and intangible assets |
081 | 0 | 0 | 0 | 0 | ||||
| 2 Gains or losses from subsequent measurement of equity instruments at fair value through other comprehensive income |
082 | 0 | 0 | 0 | 0 | ||||
| 3 Fair value changes of financial liabilities at fair value through statement of profit or loss, attributable to changes in their credit risk |
083 | 0 | 0 | 0 | 0 | ||||
| 4 Actuarial gains/losses on the defined benefit obligation | 084 | 0 | 0 | 0 | 0 | ||||
| 5 Other items that will not be reclassified | 085 | 0 | 0 | 0 | 0 | ||||
| 6 Income tax relating to items that will not be reclassified | 086 | 0 | 0 | 0 | 0 | ||||
| IV | Items that may be reclassified to profit or loss (ADP 088 to 095) | 087 | -4,211,054 | 658,848 | -1,036,633 | -374,833 | |||
| 1 Exchange rate differences from translation of foreign operations |
088 | -4,211,054 | 658,848 | -1,036,633 | -374,833 | ||||
| 2 Gains or losses from subsequent measurement of debt securities at fair value through other comprehensive income |
089 | 0 | 0 | 0 | 0 | ||||
| 3 Profit or loss arising from effective cash flow hedging | 090 | 0 | 0 | 0 | 0 | ||||
| 4 Profit or loss arising from effective hedge of a net investment in a foreign operation |
091 | 0 | 0 | 0 | 0 | ||||
| 5 Share in other comprehensive income/loss of companies linked by virtue of participating interests |
092 | 0 | 0 | 0 | 0 | ||||
| 6 Changes in fair value of the time value of option | 093 | 0 | 0 | 0 | 0 | ||||
| 7 Changes in fair value of forward elements of forward contracts | 094 | 0 | 0 | 0 | 0 | ||||
| 8 Other items that may be reclassified to profit or loss | 095 | 0 | 0 | 0 | 0 | ||||
| 9 Income tax relating to items that may be reclassified to profit or loss |
096 | 0 | 0 | 0 | 0 | ||||
| V | NET OTHER COMPREHENSIVE INCOME OR LOSS (ADP 080+087- 086 - 096) |
097 | -4,211,054 | 658,848 | -1,036,633 | -374,833 | |||
| VI | COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 078+097) |
098 | -5,482,382 | -1,015,386 | 1,113,111 | 1,193,269 |
APPENDIX to the Statement on comprehensive income (to be filled in by undertakings that draw up consolidated statements)
| VII | COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 100+101) |
099 | -5,482,382 | -1,015,386 | 1,113,111 | 1,193,269 | |||
|---|---|---|---|---|---|---|---|---|---|
| 1 Attributable to owners of the parent | 100 | -5,482,382 | -1,015,386 | 1,113,111 | 1,193,269 | ||||
| 2 Attributable to minority (non-controlling) interest | 101 | 0 | 0 | 0 | 0 |
STATEMENT OF CASH FLOWS (INDIRECT METHOD) for the period 1.1.2024 to 31.12.2024
| ITEM | ADP CODE |
SAME PERIOD OF THE PREVIO US YEAR |
CURRENT PERIOD |
|---|---|---|---|
| 1 | 2 | 3 | 4 |
| CASH FLOW FROM OPERATING ACTIVITIES | |||
| 1 Pre-tax profit | 001 | -852,625 | 3,176,113 |
| 2 Adjustments (ADP 003 to 010) | 002 | 7,566,020 | 9,952,980 |
| a) Depreciation | 003 | 10,273,062 | 10,768,428 |
| b) Gains and losses from sale and value adjustment of fixed tangible and intangible assets | 004 | -2,956,372 | 631,682 |
| c) Gains and losses from sale and unrealised gains and losses and value adjustment of financial assets |
005 | 0 | 0 |
| d) Interest and dividend income | 006 | -198,894 | -270,543 |
| e) Interest expenses | 007 | 898,241 | 1,594,679 |
| f) Provisions | 008 | 38,197 | 171,028 |
| g) Exchange rate differences (unrealised) | 009 | -103,045 | 263,706 |
| h) Other adjustments for non-cash transactions and unrealised gains and losses | 010 | -385,169 | -3,206,000 |
| I Cash flow increase or decrease before changes in working capital (ADP 001+002) | 011 | 6,713,395 | 13,129,093 |
| 3 Changes in the working capital (ADP 013 to 016) | 012 | -11,680,333 | 6,997,726 |
| a) Increase or decrease in short-term liabilities | 013 | 3,005,376 | -3,974,029 |
| b) Increase or decrease in short-term receivables | 014 | -8,288,761 | 2,185,871 |
| c) Increase or decrease in inventories | 015 | -6,396,948 | 8,785,884 |
| d) Other increase or decrease in working capital | 016 | 0 | 0 |
| II Cash from operations (ADP 011+012) | 017 | -4,966,938 | 20,126,819 |
| 4 Interest paid | 018 | -826,703 | -1,621,285 |
| 5 Income tax paid | 019 | -33,482 | -742,817 |
| NET CASH FLOW FROM OPERATING ACTIVITIES (ADP 017 to 019) | 020 | -5,827,123 | 17,762,717 |
STATEMENT OF CASH FLOWS (INDIRECT METHOD) for the period 1.1.2024 to 31.12.2024
Submitter: AD Plastik Group (in EUR)
| ITEM | ADP CODE |
SAME PERIOD OF THE PREVIO US YEAR |
CURRENT PERIOD |
||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | ||
| CASH FLOW FROM INVESTMENT ACTIVITIES | |||||
| 1 Cash receipts from sales of fixed tangible and intangible assets | 021 | 3,379,710 | 1,016,746 | ||
| 2 Cash receipts from sales of financial instruments | 022 | 0 | 0 | ||
| 3 Interest received | 023 | 178,913 | 287,058 | ||
| 4 Dividends received | 024 | 4,341,348 | 617,862 | ||
| 5 Cash receipts from repayment of loans and deposits | 025 | 0 | 0 | ||
| 6 Other cash receipts from investment activities | 026 | 0 | 0 | ||
| III Total cash receipts from investment activities (ADP 021 to 026) | 027 | 7,899,971 | 1,921,666 | ||
| 1 Cash payments for the purchase of fixed tangible and intangible assets | 028 | -8,859,482 | -12,911,344 | ||
| 2 Cash payments for the acquisition of financial instruments | 029 | 0 | 0 | ||
| 3 Cash payments for loans and deposits for the period | 030 | 0 | 0 | ||
| 4 Acquisition of a subsidiary, net of cash acquired | 031 | 0 | 0 | ||
| 5 Other cash payments from investment activities | 032 | 0 | 0 | ||
| IV Total cash payments from investment activities (ADP 028 to 032) | 033 | -8,859,482 | -12,911,344 | ||
| B NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033) |
034 | -959,511 | -10,989,678 | ||
| CASH FLOW FROM FINANCING ACTIVITIES | |||||
| 1 Cash receipts from the increase in initial (subscribed) capital | 035 | 0 | 0 | ||
| 2 Cash receipts from the issue of equity financial instruments and debt financial instruments | 036 | 0 | 0 | ||
| 3 Cash receipts from credit principals, loans and other borrowings | 037 | 35,308,202 | 21,398,231 | ||
| 4 Other cash receipts from financing activities | 038 | 0 | 0 | ||
| V Total cash receipts from financing activities (ADP 035 to 038) | 039 | 35,308,202 | 21,398,231 | ||
| 1 Cash payments for the repayment of credit principals, loans and other borrowings and debt financial instruments |
040 | -28,175,425 | -27,221,109 | ||
| 2 Cash payments for dividends | 041 | 0 | 0 | ||
| 3 Cash payments for finance lease | 042 | -1,149,917 | -1,144,085 | ||
| 4 Cash payments for the redemption of treasury shares and decrease in initial (subscribed) capital | 043 | 0 | 0 | ||
| 5 Other cash payments from financing activities | 044 | 0 | 0 | ||
| VI Total cash payments from financing activities (ADP 040 to 044) | 045 | -29,325,342 | -28,365,194 | ||
| C NET CASH FLOW FROM FINANCING ACTIVITIES (ADP 039 +045) | 046 | 5,982,860 | -6,966,963 | ||
| 1 Unrealised exchange rate differences in respect of cash and cash equivalents | 047 | 5,449 | -11,752 | ||
| D NET INCREASE OR DECREASE IN CASH FLOWS (ADP 020+034+046+047) | 048 | -798,325 | -205,676 | ||
| E CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD |
049 | 4,047,876 | 3,249,551 | ||
| F CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (ADP 048+049) | 050 | 3,249,551 | 3,043,875 |
The amount of cash and cash equivalents at the end of the current period includes an overdraft balance on accounts totaling EUR 1,218,178.
| Attributable to owners of the parent | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Item | ADP code | Initial (subscribed) capital |
Capital reserves | Reserves for treasury Legal reserves shares |
holdings (deductible Treasury shares and item) |
Statutory reserves | Other reserves | Revaluation reserves | Fair value of financial income (available for assets through other comprehensive sale) |
Cash flow hedge - effective portion |
vestment in a foreign operation - effective - Hedge of a net in portion |
Other fair value reserves |
translation of foreign differences from Exchange rate operations |
Retained profit / loss brought forward |
Profit/loss for the business year |
owners of the parent Total attributable to |
Minority (non-controlling) interest |
Total capital and reserves | |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 (3 to 6 - 7 + 8 to 17) |
19 | 20 (18+19) |
| PREVIOUS PERIOD | |||||||||||||||||||
| 1 Balance on the first day of the previous business year |
01 55,738,058 25,456,155 | 885,809 | 2,772,641 | 921,001 | 16,639 | 6,880,988 | -1,103,553 | 0 | 0 | 0 | 0 | -5,158,815 28,961,725 | -9,731,035 | 103,797,611 | 0 | 103,797,611 | |||
| 2 Changes in accounting policies | 02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 3 Correction of errors | 03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 4 Balance on the first day of the previous business year (restated) (ADP 01 to 03) |
04 55,738,058 25,456,155 | 885,809 | 2,772,641 | 921,001 | 16,639 | 6,880,988 -1,103,553 | 0 | 0 | 0 | 0 | -5,158,815 28,961,725 -9,731,035 | 103,797,611 | 0 | 103,797,611 | |||||
| 5 Profit/loss of the period | 05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,271,328 | -1,271,328 | 0 | -1,271,328 |
| 6 Exchange rate differences from translation of foreign operations |
06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,467,637 | 0 | 0 | -1,467,637 | 0 | -1,467,637 |
| 7 Changes in revaluation reserves of fixed tangible and intangible assets |
07 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 8 Gains or losses from subsequent measu rement of financial assets at fair value through other comprehensive income (available for sale) |
08 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 9 Profit or loss arising from effective cash flow hedge |
09 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 10 Profit or loss arising from effective hedge of a net investment in a foreign operation 10 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 11 Share in other comprehensive income/loss of companies linked by virtue of participating interests |
11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 12 Actuarial gains/losses on the defined benefit obligation |
12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 13 Other changes in equity unrelated to owners |
13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,345,631 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,345,631 | 0 | -3,345,631 |
| 14 Tax on transactions recognised directly in equity |
14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 602,214 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 602,214 | 0 | 602,214 |
| Attributable to owners of the parent | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Item | ADP code | Initial (subscribed) capital |
Capital reserves | Legal reserves | Reserves for treasury shares |
holdings (deductible Treasury shares and item) |
Statutory reserves | Other reserves | Revaluation reserves | Fair value of financial income (available for assets through other comprehensive sale) |
Cash flow hedge - effective portion |
vestment in a foreign operation - effective - Hedge of a net in portion |
Other fair value reserves |
translation of foreign differences from Exchange rate operations |
Retained profit / loss brought forward |
Profit/loss for the business year |
Total attributable to owners of the parent |
Minority (non-controlling) interest |
Total capital and reserves |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 (3 to 6 - 7 + 8 to 17) |
19 | 20 (18+19) |
| 15 Decrease in initial (subscribed) capital (other than arising from the pre-bankruptcy settlement procedure or from the reinvestment of profit) |
15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 16 Decrease in initial (subscribed) capital arising from the pre-bankruptcy settlement procedure |
16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 17 Decrease in initial (subscribed) capital arising from the reinvestment of profit |
17 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 18 Redemption of treasury shares/holdings | 18 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 19 Payments from members/shareholders | 19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 20 Payment of share in profit/dividend | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 21 Other distributions and payments to members/shareholders |
21 | -1,143,466 | 482,150 | -11 | 0 | -49,874 | 0 | 0 | 50,870 | 0 | 0 | 0 | 0 | 0 | 708,714 | 0 | 148,131 | 0 | 148,131 |
| 22 Transfer to reserves according to the annual schedule |
22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,731,035 | 9,731,035 | 0 | 0 | 0 |
| 23 Increase in reserves arising from the pre-bankruptcy settlement procedure |
23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 24 Balance on the last day of the previous business year reporting period (ADP 04 to 23) |
24 54,594,592 25,938,305 | 885,798 | 2,772,641 | 871,127 | 16,639 | 6,880,988 -3,796,100 | 0 | 0 | 0 | 0 | -6,626,452 19,939,404 -1,271,328 | 98,463,360 | 0 | 98,463,360 | |||||
| APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS) | |||||||||||||||||||
| I OTHER COMPREHENSIVE INCOME OF THE PREV. PERIOD, NET OF TAX (ADP 06 to 14) 25 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,743,417 | 0 | 0 | 0 | 0 | -1,467,637 | 0 | 0 | -4,211,054 | 0 | -4,211,054 | |
| II COMPREHENSIVE INCOME OR LOSS FOR THE PREVIOUS PERIOD (ADP 05+25) |
26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,743,417 | 0 | 0 | 0 | 0 | -1,467,637 | 0 | -1,271,328 | -5,482,382 | 0 | -5,482,382 |
| III TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 15 to 23) |
27 -1,143,466 | 482,150 | -11 | 0 | -49,874 | 0 | 0 | 50,870 | 0 | 0 | 0 | 0 | 0 | -9,022,321 | 9,731,035 | 148,131 | 0 | 148,131 |
| Attributable to owners of the parent | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Item | ADP code | Initial (subscribed) capital |
Capital reserves | Legal reserves | Reserves for treasury shares |
holdings (deductible Treasury shares and item) |
Statutory reserves | Other reserves | Revaluation reserves | Fair value of financial income (available for assets through other comprehensive sale) |
Cash flow hedge - effective portion |
vestment in a foreign operation - effective - Hedge of a net in portion |
Other fair value reserves |
translation of foreign differences from Exchange rate operations |
Retained profit / loss brought forward |
Profit/loss for the business year |
Total attributable to owners of the parent |
Minority (non-controlling) interest |
Total capital and reserves |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 (3 to 6 - 7 + 8 to 17) |
19 | 20 (18+19) |
| CURRENT PERIOD | |||||||||||||||||||
| 1 Balance on the first day of the current business year |
28 54,594,592 25,938,305 | 885,798 | 2,772,641 | 871,127 | 16,639 | 6,880,988 | -3,796,100 | 0 | 0 | 0 | 0 | -6,626,452 19,939,404 | -1,271,328 | 98,463,360 | 0 | 98,463,360 | |||
| 2 Changes in accounting policies | 29 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 3 Correction of errors | 30 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 4 Balance on the first day of the current busi ness year (restated) (AOP 28 to 30) |
31 54,594,592 25,938,305 | 885,798 | 2,772,641 | 871,127 | 16,639 | 6,880,988 -3,796,100 | 0 | 0 | 0 | 0 | -6,626,452 19,939,404 -1,271,328 | 98,463,360 | 0 | 98,463,360 | |||||
| 5 Profit/loss of the period | 32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,149,744 | 2,149,744 | 0 | 2,149,744 |
| 6 Exchange rate differences from translation of foreign operations |
33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -417,099 | 0 | 0 | -417,099 | 0 | -417,099 |
| 7 Changes in revaluation reserves of fixed tangible and intangible assets |
34 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 8 Gains or losses from subsequent measurement of financial assets at fair value through other comprehensive income (available for sale) |
35 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 9 Profit or loss arising from effective cash flow hedge |
36 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 10 Profit or loss arising from effective hedge of a net investment in a foreign operation 37 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 11 Share in other comprehensive income/loss of companies linked by virtue of participating interests |
38 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 12 Actuarial gains/losses on the defined benefit obligation |
39 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 13 Other changes in equity unrelated to owners |
40 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -755,529 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -755,529 | 0 | -755,529 |
| 14 Tax on transactions recognised directly in equity |
41 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 135,995 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 135,995 | 0 | 135,995 |
| Attributable to owners of the parent | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Item | ADP code | Initial (subscribed) capital |
Capital reserves | Legal reserves | Reserves for treasury shares |
holdings (deductible Treasury shares and item) |
Statutory reserves | Other reserves | Revaluation reserves | Fair value of financial income (available for assets through other comprehensive sale) |
Cash flow hedge - effective portion |
vestment in a foreign operation - effective - Hedge of a net in portion |
Other fair value reserves |
translation of foreign differences from Exchange rate operations |
Retained profit / loss brought forward |
Profit/loss for the business year |
Total attributable to owners of the parent |
Minority (non-controlling) interest |
Total capital and reserves |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 (3 to 6 - 7 + 8 to 17) |
19 | 20 (18+19) |
| 15 Decrease in initial (subscribed) capital (other than arising from the pre-bankruptcy settlement procedure or from the reinvestment of profit) |
42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 16 Decrease in initial (subscribed) capital arising from the pre-bankruptcy settlement procedure |
43 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 17 Decrease in initial (subscribed) capital arising from the reinvestment of profit |
44 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 18 Redemption of treasury shares/holdings | 45 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 19 Payments from members/shareholders | 46 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 20 Payment of share in profit/dividend | 47 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 21 Other distributions and payments to members/shareholders |
48 | 0 | -45,069 | 0 | -1,901,514 | -77,532 | 0 | 2,228,614 | 354,768 | 0 | 0 | 0 | 0 | 0 | -682,264 | 0 | 32,067 | 0 | 32,067 |
| 22 Carryforward per annual plane | 49 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,271,329 | 1,271,328 | -1 | 0 | -1 |
| 23 Increase in reserves arising from the pre-bankruptcy settlement procedure |
50 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 24 Balance on the last day of the current business year reporting period (ADP 31 to 50) |
51 54,594,592 25,893,236 | 885,798 | 871,127 | 793,595 | 16,639 | 9,109,602 -4,060,866 | 0 | 0 | 0 | 0 | -7,043,551 17,985,811 | 2,149,744 | 99,608,537 | 0 | 99,608,537 | ||||
| APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS) | |||||||||||||||||||
| I OTHER COMPREHENSIVE INCOME FOR THE CURRENT PERIOD, NET OF TAX (ADP 33 to 41) |
52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -619,534 | 0 | 0 | 0 | 0 | -417,099 | 0 | 0 | -1,036,633 | 0 | -1,036,633 |
| II COMPREHENSIVE INCOME OR LOSS FOR THE CURRENT PERIOD (ADP 32 do 52) |
53 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -619,534 | 0 | 0 | 0 | 0 | -417,099 | 0 | 2,149,744 | 1,113,111 | 0 | 1,113,111 |
| III TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 42 to 50) |
54 | 0 | -45,069 | 0 | -1,901,514 | -77,532 | 0 | 2,228,614 | 354,768 | 0 | 0 | 0 | 0 | 0 | -1,953,593 | 1,271,328 | 32,066 | 0 | 32,066 |
NOTES TO FINANCIAL STATEMENTS - QFS
(DRAWN UP FOR QUARTERLY REPORTING PERIODS)
| Name of the issuer | AD Plastik d.d. |
|---|---|
| Headquarter | Ul. Antuna Gustava Matoša 8, 21210, Solin, Croatia |
| OIB (Personal identification number) | 48351740621 |
| MBS | 060007090 |
| Reporting period | 1. 1. 2024. to 31. 12. 2024. |
Notes to financial statements are available as part of AD Plastik Group's Unaudited financial statement. Unaudited financial statement is available on Zagreb Stock Exchange website.
AD Plastik Group Integrated annual report for 2023 year is available on Zagreb Stock Exchange website.
Same accounting policies are applied while drawing up financial statements for current reporting period as in the latest annual financial statements.
AD Plastik d.d. has issued corporate guarantees for the needs of subsidiaries in the following amounts: to banks EUR 7,700 thousand and to the suppliers EUR 1,044 thousand.
AD Plastik Group currently has no debts due after more than five years.
The average number of employees of AD Plastik Group in the period from 1.1.2024. to 31.12.2024. was 1,824.
In intangible assets in the period from 1.1.2024. to 31.12.2024., the cost of net salaries and wages of EUR 551,667, the cost of taxes and contributions from salaries of EUR 214,703, and the cost of contributions to salaries of EUR 113,811 were capitalized.
During the reporting period, deferred tax assets were increased in the amount of EUR 110 thousand, while deferred tax liabilities were increased in the amount of EUR 67 thousand. On 31.12.2023. deferred tax assets of AD Plastik Grupa was EUR 3,035 thousand, while deferred tax liabilities was EUR 856 thousand.
The difference in cash and cash equivalents in the statement of cash flows compared to the statement of financial position, amounting to EUR 1,218 thousand, relates to the overdraft balance on the current account.
FINANCIAL STATEMENT OF THE COMPANY AD PLASTIK
ISSUER'S GENERAL DATA
ANNEX 1
| Reporting period: | 01. 01. 2024 | to | 31. 12. 2024 | ||||
|---|---|---|---|---|---|---|---|
| Year: | 2024 | Quarter: | 4 | ||||
| QUARTERLY FINANCIAL STATEMENTS | |||||||
| Registration number (MB): | 03440494 | Issuer's home Member State code: | HR | ||||
| Entity's registration number (MBS): | 060007090 | ||||||
| Personal identification number (OIB): | 48351740621 | LEI: | 549300NFX18SRZHNT751 | ||||
| Institution code: | 382 | ||||||
| Name of the issuer: | AD PLASTIK d.d. | ||||||
| Postcode and town: | 21210 | Solin | |||||
| Street and house number: | Matoševa 8 | ||||||
| E-mail address: | [email protected] | ||||||
| Web address: | www.adplastik.hr | ||||||
| Number of employees (end of the reporting period): |
1123 | ||||||
| Consolidated report: | KN | (KN-not consolidated/KD-consolidated) | |||||
| Audited: | RN | (RN-not audited/RD-audited) | |||||
| Bookkeeping firm: | NO | (Yes/No) | |||||
| Contact person: | Jurun Krešimir | (only name and surname of the contact person) | |||||
| Telephone: | 021/206-663 | ||||||
| E-mail address: | [email protected] | ||||||
| Audit firm: | (name of the audit firm) | ||||||
| Certified auditor: | (name and surname) | ||||||
| ITEM | ADP CODE |
LAST DAY OF THE PRECEDING BUSI NESS YEAR |
AT THE REPORTING DATE OF THE CU RRENT PERIOD |
|
|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |
| ASSETS | ||||
| A | RECEIVABLES FOR SUBSCRIBED CAPITAL UNPAID | 001 | 0 | 0 |
| B | FIXED ASSETS (ADP 003+010+020+031+036) | 002 | 116,901,904 | 115,635,053 |
| I. INTANGIBLE ASSETS (ADP 004 to 009) |
003 | 8,787,545 | 9,323,877 | |
| 1 Research and development | 004 | 2,761,166 | 6,003,812 | |
| 2 Concessions, patents, licences, trademarks, software and other rights | 005 | 196,636 | 140,413 | |
| 3 Goodwill | 006 | 0 | 0 | |
| 4 Advances for the purchase of intangible assets | 007 | 0 | 0 | |
| 5 Intangible assets in preparation | 008 | 5,763,185 | 3,173,927 | |
| 6 Other intangible assets | 009 | 66,558 | 5,725 | |
| II TANGIBLE ASSETS (ADP 011 to 019) |
010 | 71,859,877 | 74,381,089 | |
| 1 Land | 011 | 17,365,617 | 17,365,617 | |
| 2 Buildings | 012 | 24,099,004 | 23,548,739 | |
| 3 Plant and equipment | 013 | 18,053,367 | 21,668,518 | |
| 4 Tools, working inventory and transportation assets | 014 | 3,558,439 | 3,931,717 | |
| 5 Biological assets | 015 | 0 | 0 | |
| 6 Advances for the purchase of tangible assets | 016 | 0 | 0 | |
| 7 Tangible assets in preparation | 017 | 3,414,472 | 2,503,081 | |
| 8 Other tangible assets | 018 | 2,112,527 | 2,146,229 | |
| 9 Investment property | 019 | 3,256,451 | 3,217,188 | |
| III FIXED FINANCIAL ASSETS (ADP 021 to 030) | 020 | 31,332,853 | 26,695,953 | |
| 1 Investments in holdings (shares) of undertakings within the Group | 021 | 12,092,141 | 10,099,527 | |
| 2 Investments in other securities of undertakings within the Group | 022 | 0 | 0 | |
| 3 Loans, deposits, etc. to undertakings within the Group | 023 | 16,353,307 | 13,709,021 | |
| 4. Investments in holdings (shares) of companies linked by virtue of participating interests | 024 | 2,887,405 | 2,887,405 | |
| 5 Investment in other securities of companies linked by virtue of participating interests | 025 | 0 | 0 | |
| 6 Loans, deposits etc. to companies linked by virtue of participating interests | 026 | 0 | 0 | |
| 7 Investments in securities | 027 | 0 | 0 | |
| 8 Loans, deposits, etc. given | 028 | 0 | 0 | |
| 9 Other investments accounted for using the equity method | 029 | 0 | 0 | |
| 10 Other fixed financial assets | 030 | 0 | 0 | |
| IV RECEIVABLES (ADP 032 to 035) | 031 | 2,318,253 | 2,221,566 | |
| 1 Receivables from undertakings within the Group | 032 | 2,318,253 | 2,221,566 | |
| 2 Receivables from companies linked by virtue of participating interests | 033 | 0 | 0 | |
| 3 Customer receivables | 034 | 0 | 0 | |
| 4 Other receivables | 035 | 0 | 0 | |
| V DEFERRED TAX ASSETS |
036 | 2,603,376 | 3,012,568 |
| ITEM | ADP CODE |
LAST DAY OF THE PRECEDING BUSI NESS YEAR |
AT THE REPORTING DATE OF THE CU RRENT PERIOD |
|
|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |
| C | CURRENT ASSETS (ADP 038+046+053+063) | 037 | 46,159,424 | 41,515,818 |
| I INVENTORIES (ADP 039 to 045) |
038 | 21,659,726 | 11,295,269 | |
| 1 Raw materials and consumables | 039 | 5,228,723 | 6,449,320 | |
| 2 Work in progress | 040 | 1,042,806 | 1,070,935 | |
| 3 Finished goods | 041 | 1,870,375 | 1,817,632 | |
| 4 Merchandise | 042 | 9,725,747 | 1,362,358 | |
| 5 Advances for inventories | 043 | 3,792,075 | 595,024 | |
| 6 Fixed assets held for sale | 044 | 0 | 0 | |
| 7 Biological assets | 045 | 0 | 0 | |
| II RECEIVABLES (ADP 047 to 052) |
046 | 21,121,060 | 23,907,175 | |
| 1 Receivables from undertakings within the Group | 047 | 2,692,046 | 4,599,104 | |
| 2 Receivables from companies linked by virtue of participating interests | 048 | 1,123,466 | 4,744,454 | |
| 3 Customer receivables | 049 | 13,213,198 | 12,662,572 | |
| 4 Receivables from employees and members of the undertaking | 050 | 85,336 | 8,863 | |
| 5 Receivables from government and other institutions | 051 | 2,881,106 | 1,565,446 | |
| 6 Other receivables | 052 | 1,125,908 | 326,736 | |
| III CURRENT FINANCIAL ASSETS (ADP 054 to 062) | 053 | 2,353,973 | 3,267,354 | |
| 1 Investments in holdings (shares) of undertakings within the Group | 054 | 0 | 0 | |
| 2 Investments in other securities of undertakings within the Group | 055 | 0 | 0 | |
| 3 Loans, deposits, etc. to undertakings within the Group | 056 | 2,353,973 | 3,267,354 | |
| 4 Investments in holdings (shares) of companies linked by virtue of participating interests | 057 | 0 | 0 | |
| 5 Investment in other securities of companies linked by virtue of participating interests | 058 | 0 | 0 | |
| 6 Loans, deposits etc. to companies linked by virtue of participating interests | 059 | 0 | 0 | |
| 7 Investments in securities | 060 | 0 | 0 | |
| 8 Loans, deposits, etc. given | 061 | 0 | 0 | |
| 9 Other financial assets | 062 | 0 | 0 | |
| IV CASH AT BANK AND IN HAND | 063 | 1,024,665 | 3,046,020 | |
| D | PREPAID EXPENSES AND ACCRUED INCOME | 064 | 846,404 | 800,590 |
| E | TOTAL ASSETS (ADP 001+002+037+064) | 065 | 163,907,732 | 157,951,461 |
| F | OFF-BALANCE SHEET ITEMS | 066 | 8,332,098 | 9,222,292 |
| ITEM | ADP CODE |
LAST DAY OF THE PRECEDING BUSI NESS YEAR |
AT THE REPORTING DATE OF THE CU RRENT PERIOD |
||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | ||
| LIABILITIES | |||||
| A | CAPITAL AND RESERVES (ADP 068 to 070+076+077+083+086+089) | 067 | 91,114,564 | 91,505,705 | |
| I | INITIAL (SUBSCRIBED) CAPITAL | 068 | 54,594,592 | 54,594,592 | |
| II | CAPITAL RESERVES | 069 | 25,884,472 | 25,839,403 | |
| III RESERVES FROM PROFIT (ADP 071+072-073+074+075) | 070 | 9,595,941 | 10,000,573 | ||
| 1 Legal reserves | 071 | 813,439 | 813,439 | ||
| 2 Reserves for treasury shares | 072 | 2,772,641 | 871,127 | ||
| 3 Treasury shares and holdings (deductible item) | 073 | -871,127 | -793,595 | ||
| 4 Statutory reserves | 074 | 0 | 0 | ||
| 5 Other reserves | 075 | 6,880,988 | 9,109,602 | ||
| IV REVALUATION RESERVES | 076 | 0 | 0 | ||
| V | FAIR VALUE RESERVES AND OTHER (ADP 078 to 082) | 077 | 0 | 0 | |
| 1 Financial assets at fair value through other comprehensive income (i.e. available for sale) | 078 | 0 | 0 | ||
| 2 Cash flow hedge - effective portion | 079 | 0 | 0 | ||
| 3 Hedge of a net investment in a foreign operation - effective portion | 080 | 0 | 0 | ||
| 4 Other fair value reserves | 081 | 0 | 0 | ||
| 5 Exchange differences arising from the translation of foreign operations (consolidation) | 082 | 0 | 0 | ||
| VI RETAINED PROFIT OR LOSS BROUGHT FORWARD (ADP 084-085) | 083 | 0 | 712,460 | ||
| 1 Retained profit | 084 | 0 | 712,460 | ||
| 2 Loss brought forward | 085 | 0 | 0 | ||
| VII PROFIT OR LOSS FOR THE BUSINESS YEAR (ADP 087-088) | 086 | 1,039,559 | 358,677 | ||
| 1 Profit for the business year | 087 | 1,039,559 | 358,677 | ||
| 2 Loss for the business year | 088 | 0 | 0 | ||
| VIII MINORITY (NON-CONTROLLING) INTEREST | 089 | 0 | 0 | ||
| B | PROVISIONS (ADP 091 to 096) | 090 | 384,843 | 369,303 | |
| 1 Provisions for pensions, termination benefits and similar obligations | 091 | 245,438 | 216,434 | ||
| 2 Provisions for tax liabilities | 092 | 0 | 0 | ||
| 3 Provisions for ongoing legal cases | 093 | 0 | 0 | ||
| 4 Provisions for renewal of natural resources | 094 | 0 | 0 | ||
| 5 Provisions for warranty obligations | 095 | 0 | 0 | ||
| 6 Other provisions | 096 | 139,405 | 152,869 |
| ITEM | ADP CODE |
LAST DAY OF THE PRECEDING BUSI NESS YEAR |
AT THE REPORTING DATE OF THE CU RRENT PERIOD |
|
|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |
| C | LONG-TERM LIABILITIES (ADP 098 to 108) | 097 | 29,662,888 | 17,506,537 |
| 1 Liabilities to undertakings within the Group | 098 | 0 | 0 | |
| 2 Liabilities for loans, deposits, etc. of undertakings within the Group | 099 | 0 | 0 | |
| 3 Liabilities to companies linked by virtue of participating interests | 100 | 0 | 0 | |
| 4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests | 101 | 0 | 0 | |
| 5 Liabilities for loans, deposits etc. | 102 | 0 | 0 | |
| 6 Liabilities to banks and other financial institutions | 103 | 27,899,385 | 16,178,242 | |
| 7 Liabilities for advance payments | 104 | 0 | 0 | |
| 8 Liabilities to suppliers | 105 | 0 | 0 | |
| 9 Liabilities for securities | 106 | 0 | 0 | |
| 10 Other long-term liabilities | 107 | 1,383,248 | 948,040 | |
| 11 Deferred tax liability | 108 | 380,255 | 380,255 | |
| D | SHORT-TERM LIABILITIES (ADP 110 to 123) | 109 | 41,902,216 | 47,966,074 |
| 1 Liabilities to undertakings within the Group | 110 | 1,586,216 | 1,627,532 | |
| 2 Liabilities for loans, deposits, etc. of undertakings within the Group | 111 | 0 | 0 | |
| 3 Liabilities to companies linked by virtue of participating interests | 112 | 0 | 12,595 | |
| 4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests | 113 | 0 | 0 | |
| 5 Liabilities for loans, deposits etc. | 114 | 2,507,562 | 1,904,117 | |
| 6 Liabilities to banks and other financial institutions | 115 | 14,545,531 | 22,561,559 | |
| 7 Liabilities for advance payments | 116 | 5,298,078 | 877,947 | |
| 8 Liabilities to suppliers | 117 | 14,517,845 | 16,366,974 | |
| 9 Liabilities for securities | 118 | 0 | 0 | |
| 10 Liabilities to employees | 119 | 1,229,385 | 1,349,880 | |
| 11 Taxes, contributions and similar liabilities | 120 | 583,294 | 1,138,188 | |
| 12 Liabilities arising from the share in the result | 121 | 22,349 | 22,349 | |
| 13 Liabilities arising from fixed assets held for sale | 122 | 0 | 0 | |
| 14 Other short-term liabilities | 123 | 1,611,956 | 2,104,933 | |
| E | ACCRUALS AND DEFERRED INCOME | 124 | 843,221 | 603,842 |
| F | TOTAL – LIABILITIES (ADP 067+090+097+109+124) | 125 | 163,907,732 | 157,951,461 |
| G | OFF-BALANCE SHEET ITEMS | 126 | 8,332,098 | 9,222,292 |
| SAME PERIOD OF THE PREVIOUS YEAR |
CURRENT PERIOD | ||||||
|---|---|---|---|---|---|---|---|
| ITEM 1 |
ADP CODE 2 |
CUMULATIVE 3 |
QUARTER 4 |
CUMULATIVE 5 |
QUARTER 6 |
||
| I | OPERATING INCOME (ADP 002 to 006) | 001 | 94,597,714 | 24,533,983 | 116,125,899 | 31,051,962 | |
| 1 Income from sales with undertakings within the Group | 002 | 4,029,764 | 842,065 | 5,077,973 | 1,656,673 | ||
| 2 Income from sales (outside Group) | 003 | 85,358,666 | 22,813,471 | 106,164,002 | 28,756,397 | ||
| 3 Income from the use of own products, goods and services | 004 | 23,082 | -4,068 | 383,287 | 267,286 | ||
| 4 Other operating income with undertakings within the Group | 005 | 951,247 | 357,351 | 1,997,014 | 20,508 | ||
| 5 Other operating income (outside the Group) | 006 | 4,234,955 | 525,164 | 2,503,623 | 351,098 | ||
| II | OPERATING EXPENSES (ADP 008+009+013+017+018+019+022+029) | 007 | 98,286,400 | 25,716,421 | 116,693,571 | 31,246,240 | |
| 1 Changes in inventories of work in progress and finished goods | 008 | 85,144 | -236,753 | -40,836 | -367,040 | ||
| 2 Material costs (ADP 010 to 012) | 009 | 65,565,915 | 16,926,878 | 81,978,243 | 21,998,650 | ||
| a) Costs of raw materials and consumables | 010 | 44,694,247 | 11,835,851 | 45,429,375 | 12,635,179 | ||
| b) Costs of goods sold | 011 | 11,922,440 | 2,604,383 | 28,125,206 | 6,970,022 | ||
| c) Other external costs | 012 | 8,949,228 | 2,486,644 | 8,423,662 | 2,393,449 | ||
| 3 Staff costs (ADP 014 to 016) | 013 | 20,080,791 | 4,943,363 | 21,200,188 | 5,637,011 | ||
| a) Net salaries and wages | 014 | 12,543,577 | 3,089,591 | 13,287,538 | 3,552,429 | ||
| b) Tax and contributions from salary costs | 015 | 4,941,804 | 1,206,462 | 5,171,377 | 1,361,025 | ||
| c) Contributions on salaries | 016 | 2,595,410 | 647,310 | 2,741,273 | 723,557 | ||
| 4 Depreciation | 017 | 7,293,222 | 1,913,787 | 8,288,632 | 2,406,195 | ||
| 5 Other costs | 018 | 4,243,560 | 1,359,736 | 4,511,004 | 993,745 | ||
| 6 Value adjustments (ADP 020+021) | 019 | 0 | 0 | 0 | 0 | ||
| a) fixed assets other than financial assets | 020 | 0 | 0 | 0 | 0 | ||
| b) current assets other than financial assets | 021 | 0 | 0 | 0 | 0 | ||
| 7 Provisions (ADP 023 to 028) | 022 | 172,077 | 172,077 | 140,867 | 140,867 | ||
| a) Provisions for pensions, termination benefits and similar obligations |
023 | 17,520 | 17,520 | 133,553 | 133,553 | ||
| b) Provisions for tax liabilities | 024 | 0 | 0 | 0 | 0 | ||
| c) Provisions for ongoing legal cases | 025 | 12,667 | 12,667 | 7,314 | 7,314 | ||
| d) Provisions for renewal of natural resources | 026 | 0 | 0 | 0 | 0 | ||
| e) Provisions for warranty obligations | 027 | 0 | 0 | 0 | 0 | ||
| f) Other provisions | 028 | 141,890 | 141,890 | 0 | 0 | ||
| 8 Other operating expenses | 029 | 845,691 | 637,333 | 615,473 | 436,812 |
| SAME PERIOD OF THE PREVIOUS YEAR |
CURRENT PERIOD | |||||
|---|---|---|---|---|---|---|
| ITEM | ADP CODE |
CUMULATIVE | QUARTER | CUMULATIVE | QUARTER | |
| 1 | 2 | 3 | 4 | 5 | 6 | |
| III | FINANCIAL INCOME (ADP 031 to 040) | 030 | 5,336,901 | 2,570,423 | 4,127,407 | 1,058,512 |
| 1 Income from investments in holdings (shares) of undertakings within the Group |
031 | 0 | 0 | 0 | 0 | |
| 2 Income from investments in holdings (shares) of companies linked by virtue of participating interests |
032 | 4,960,006 | 2,476,477 | 3,470,385 | 855,032 | |
| 3 Income from other long-term financial investment and loans granted to undertakings within the Group |
033 | 0 | 0 | 0 | 0 | |
| 4 Other interest income from operations with undertakings within the Group |
034 | 376,723 | 93,868 | 594,431 | 143,621 | |
| 5 Exchange rate differences and other financial income from operations with undertakings within the Group |
035 | 0 | 0 | 0 | 0 | |
| 6 Income from other long-term financial investments and loans | 036 | 0 | 0 | 0 | 0 | |
| 7 Other interest income | 037 | 172 | 78 | 158 | 35 | |
| 8 Exchange rate differences and other financial income | 038 | 0 | 0 | 2,609 | 0 | |
| 9 Unrealised gains (income) from financial assets | 039 | 0 | 0 | 0 | 0 | |
| 10 Other financial income | 040 | 0 | 0 | 59,824 | 59,824 | |
| IV | FINANCIAL EXPENSES (ADP 042 to 048) | 041 | 836,327 | 431,030 | 3,610,251 | 2,614,568 |
| 1 Interest expenses and similar expenses with undertakings within the Group |
042 | 0 | 0 | 0 | 0 | |
| 2 Exchange rate differences and other expenses from operati ons with undertakings within the Group |
043 | 0 | 0 | 0 | 0 | |
| 3 Interest expenses and similar expenses | 044 | 651,829 | 246,635 | 1,320,374 | 330,178 | |
| 4 Exchange rate differences and other expenses | 045 | 20,020 | 19,917 | 5,534 | 47 | |
| 5 Unrealised losses (expenses) from financial assets | 046 | 0 | 0 | 0 | 0 | |
| 6 Value adjustments of financial assets (net) | 047 | 0 | 0 | 2,284,343 | 2,284,343 | |
| 7 Other financial expenses | 048 | 164,478 | 164,478 | 0 | 0 | |
| V | SHARE IN PROFIT FROM UNDERTAKINGS LINKED BY VIRTUE OF PARTICIPATING INTERESTS |
049 | 0 | 0 | 0 | 0 |
| VI | SHARE IN PROFIT FROM JOINT VENTURES | 050 | 0 | 0 | 0 | 0 |
| VII SHARE IN LOSS OF COMPANIES LINKED BY VIRTUE OF PARTICIPATING INTEREST |
051 | 0 | 0 | 0 | 0 | |
| VIII SHARE IN LOSS OF JOINT VENTURES | 052 | 0 | 0 | 0 | 0 | |
| IX | TOTAL INCOME (ADP 001+030+049 +050) | 053 | 99,934,615 | 27,104,406 | 120,253,306 | 32,110,474 |
| X | TOTAL EXPENDITURE (ADP 007+041+051 + 052) | 054 | 99,122,727 | 26,147,451 | 120,303,822 | 33,860,808 |
| XI PRE-TAX PROFIT OR LOSS (ADP 053-054) | 055 | 811,888 | 956,955 | -50,516 | -1,750,334 | |
| 1 Pre-tax profit (ADP 053-054) | 056 | 811,888 | 956,955 | 0 | 0 | |
| 2 Pre-tax loss (ADP 054-053) | 057 | 0 | 0 | -50,516 | -1,750,334 | |
| XII | INCOME TAX | 058 | -227,671 | 35,189 | -409,193 | -409,193 |
| XIII PROFIT OR LOSS FOR THE PERIOD (ADP 055-059) | 059 | 1,039,559 | 921,766 | 358,677 | -1,341,141 | |
| 1 Profit for the period (ADP 055-059) | 060 | 1,039,559 | 921,766 | 358,677 | 0 | |
| 2 Loss for the period (ADP 059-055) | 061 | 0 | 0 | 0 | -1,341,141 |
Submitter: AD Plastik d.d. (in EUR)
| ADP | SAME PERIOD OF THE PREVIOUS YEAR |
CURRENT PERIOD | |||||
|---|---|---|---|---|---|---|---|
| ITEM | CODE | CUMULATIVE | QUARTER | CUMULATIVE | QUARTER | ||
| 1 | 2 | 3 | 4 | 5 | 6 | ||
| DISCONTINUED OPERATIONS (to be filled in by undertakings subject to IFRS only with discontinued operations) | |||||||
| XIV PRE-TAX PROFIT OR LOSS OF DISCONTINUED OPERATIONS (ADP 063-064) |
062 | 0 | 0 | 0 | 0 | ||
| 1 Pre-tax profit from discontinued operations | 063 | 0 | 0 | 0 | 0 | ||
| 2 Pre-tax loss on discontinued operations | 064 | 0 | 0 | 0 | 0 | ||
| XV INCOME TAX OF DISCONTINUED OPERATIONS | 065 | 0 | 0 | 0 | 0 | ||
| 1 Discontinued operations profit for the period (ADP 062-065) | 066 | 0 | 0 | 0 | 0 | ||
| 2 Discontinued operations loss for the period (ADP 065-062) | 067 | 0 | 0 | 0 | 0 | ||
| TOTAL OPERATIONS (to be filled in only by undertakings subject to IFRS with discontinued operations) | |||||||
| XVI PRE-TAX PROFIT OR LOSS (ADP 055-+062) | 068 | 0 | 0 | 0 | 0 | ||
| 1 Pre-tax profit (ADP 068) | 069 | 0 | 0 | 0 | 0 | ||
| 2 Pre-tax loss (ADP 068) | 070 | 0 | 0 | 0 | 0 | ||
| XVII INCOME TAX (ADP 058+065) | 071 | 0 | 0 | 0 | 0 | ||
| 1 Pre-tax profit (ADP 068) | 069 | 0 | 0 | 0 | 0 |
|---|---|---|---|---|---|
| 2 Pre-tax loss (ADP 068) | 070 | 0 | 0 | 0 | 0 |
| XVII INCOME TAX (ADP 058+065) | 071 | 0 | 0 | 0 | 0 |
| XVIII PROFIT OR LOSS FOR THE PERIOD (ADP 068-071) | 072 | 0 | 0 | 0 | 0 |
| 1 Profit for the period (ADP 068-071) | 073 | 0 | 0 | 0 | 0 |
| 2 Loss for the period (ADP 071-068) | 074 | 0 | 0 | 0 | 0 |
APPENDIX to the P&L (to be filled in by undertakings that draw up consolidated annual financial statements)
| XIX PROFIT OR LOSS FOR THE PERIOD (ADP 076+077) | 075 | 0 | 0 | 0 | 0 |
|---|---|---|---|---|---|
| 1 Attributable to owners of the parent | 076 | 0 | 0 | 0 | 0 |
| 2 Attributable to minority (non-controlling) interest | 077 | 0 | 0 | 0 | 0 |
Submitter: AD Plastik d.d. (in EUR)
| SAME PERIOD OF THE PREVIOUS YEAR |
CURRENT PERIOD | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| ITEM 1 |
ADP CODE 2 |
CUMULATIVE 3 |
QUARTER 4 |
CUMULATIVE 5 |
QUARTER 6 |
||||
| STATEMENT OF OTHER COMPRHENSIVE INCOME (to be filled in by undertakings subject to IFRS) | |||||||||
| I | PROFIT OR LOSS FOR THE PERIOD | 078 | 1,039,559 | 921,766 | 358,677 | -1,341,141 | |||
| II | OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAX (ADP 80+ 87) |
079 | 0 | 0 | 0 | 0 | |||
| III | Items that will not be reclassified to profit or loss (ADP 081 to 085) | 080 | 0 | 0 | 0 | 0 | |||
| 1 Changes in revaluation reserves of fixed tangible and intangible assets |
081 | 0 | 0 | 0 | 0 | ||||
| 2 Gains or losses from subsequent measurement of equity instruments at fair value through other comprehensive income |
082 | 0 | 0 | 0 | 0 | ||||
| 3 Fair value changes of financial liabilities at fair value through statement of profit or loss, attributable to changes in their credit risk |
083 | 0 | 0 | 0 | 0 | ||||
| 4 Actuarial gains/losses on the defined benefit obligation | 084 | 0 | 0 | 0 | 0 | ||||
| 5 Other items that will not be reclassified | 085 | 0 | 0 | 0 | 0 | ||||
| 6 Income tax relating to items that will not be reclassified | 086 | 0 | 0 | 0 | 0 | ||||
| IV | Items that may be reclassified to profit or loss (ADP 088 to 095) | 087 | 0 | 0 | 0 | 0 | |||
| 1 Exchange rate differences from translation of foreign operations |
088 | 0 | 0 | 0 | 0 | ||||
| 2 Gains or losses from subsequent measurement of debt securities at fair value through other comprehensive income |
089 | 0 | 0 | 0 | 0 | ||||
| 3 Profit or loss arising from effective cash flow hedging | 090 | 0 | 0 | 0 | 0 | ||||
| 4 Profit or loss arising from effective hedge of a net investment in a foreign operation |
091 | 0 | 0 | 0 | 0 | ||||
| 5 Share in other comprehensive income/loss of companies linked by virtue of participating interests |
092 | 0 | 0 | 0 | 0 | ||||
| 6 Changes in fair value of the time value of option | 093 | 0 | 0 | 0 | 0 | ||||
| 7 Changes in fair value of forward elements of forward contracts | 094 | 0 | 0 | 0 | 0 | ||||
| 8 Other items that may be reclassified to profit or loss | 095 | 0 | 0 | 0 | 0 | ||||
| 9 Income tax relating to items that may be reclassified to profit or loss |
096 | 0 | 0 | 0 | 0 | ||||
| V | NET OTHER COMPREHENSIVE INCOME OR LOSS (ADP 080+087- 086 - 096) |
097 | 0 | 0 | 0 | 0 | |||
| VI | COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 078+097) |
098 | 1,039,559 | 921,766 | 358,677 | -1,341,141 |
APPENDIX to the Statement on comprehensive income (to be filled in by undertakings that draw up consolidated statements)
| VII | COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 100+101) |
099 | 0 | 0 | 0 | 0 |
|---|---|---|---|---|---|---|
| 1 Attributable to owners of the parent | 100 | 0 | 0 | 0 | 0 | |
| 2 Attributable to minority (non-controlling) interest | 101 | 0 | 0 | 0 | 0 |
STATEMENT OF CASH FLOWS (INDIRECT METHOD) for the period 1.1.2024 to 31.12.2024
| ITEM | ADP CODE |
SAME PERIOD OF THE PREVIO US YEAR |
CURRENT PERIOD |
|---|---|---|---|
| 1 | 2 | 3 | 4 |
| CASH FLOW FROM OPERATING ACTIVITIES | |||
| 1 Pre-tax profit | 001 | 811,888 | -50,516 |
| 2 Adjustments (ADP 003 to 010) | 002 | -1,093,906 | 5,852,393 |
| a) Depreciation | 003 | 7,293,222 | 8,288,632 |
| b) Gains and losses from sale and value adjustment of fixed tangible and intangible assets | 004 | -3,602,285 | -1,905,401 |
| c) Gains and losses from sale and unrealised gains and losses and value adjustment of financial assets |
005 | 0 | 2,224,519 |
| d) Interest and dividend income | 006 | -5,336,901 | -4,064,974 |
| e) Interest expenses | 007 | 651,829 | 1,320,374 |
| f) Provisions | 008 | -625 | 140,867 |
| g) Exchange rate differences (unrealised) | 009 | -78 | 189 |
| h) Other adjustments for non-cash transactions and unrealised gains and losses | 010 | -99,068 | -151,813 |
| I Cash flow increase or decrease before changes in working capital (ADP 001+002) | 011 | -282,018 | 5,801,877 |
| 3 Changes in the working capital (ADP 013 to 016) | 012 | -11,005,012 | 9,499,069 |
| a) Increase or decrease in short-term liabilities | 013 | 5,632,152 | -1,839,513 |
| b) Increase or decrease in short-term receivables | 014 | -7,645,967 | 1,015,877 |
| c) Increase or decrease in inventories | 015 | -8,991,197 | 10,322,705 |
| d) Other increase or decrease in working capital | 016 | 0 | 0 |
| II Cash from operations (ADP 011+012) | 017 | -11,287,030 | 15,300,946 |
| 4 Interest paid | 018 | -562,717 | -1,351,963 |
| 5 Income tax paid | 019 | 0 | 0 |
| NET CASH FLOW FROM OPERATING ACTIVITIES (ADP 017 to 019) | 020 | -11,849,747 | 13,948,983 |
STATEMENT OF CASH FLOWS (INDIRECT METHOD) for the period 1.1.2024 to 31.12.2024
Submitter: AD Plastik d.d. (in EUR)
| ITEM | ADP CODE |
SAME PERIOD OF THE PREVIO US YEAR |
CURRENT PERIOD |
|||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |||
| CASH FLOW FROM INVESTMENT ACTIVITIES | ||||||
| 1 Cash receipts from sales of fixed tangible and intangible assets | 021 | 4,491,898 | 2,092,498 | |||
| 2 Cash receipts from sales of financial instruments | 022 | 0 | 0 | |||
| 3 Interest received | 023 | 120,856 | 158 | |||
| 4 Dividends received | 024 | 4,341,348 | 617,862 | |||
| 5 Cash receipts from repayment of loans and deposits | 025 | 1,124,525 | 2,093,432 | |||
| 6 Other cash receipts from investment activities | 026 | 0 | 0 | |||
| III Total cash receipts from investment activities (ADP 021 to 026) | 027 | 10,078,627 | 4,803,950 | |||
| 1 Cash payments for the purchase of fixed tangible and intangible assets | 028 | -7,349,625 | -11,358,301 | |||
| 2 Cash payments for the acquisition of financial instruments | 029 | 0 | 0 | |||
| 3 Cash payments for loans and deposits for the period | 030 | 0 | 0 | |||
| 4 Acquisition of a subsidiary, net of cash acquired | 031 | 0 | 0 | |||
| 5 Other cash payments from investment activities | 032 | 0 | 0 | |||
| IV Total cash payments from investment activities (ADP 028 to 032) | 033 | -7,349,625 | -11,358,301 | |||
| B NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033) |
034 | 2,729,002 | -6,554,351 | |||
| CASH FLOW FROM FINANCING ACTIVITIES | ||||||
| 1 Cash receipts from the increase in initial (subscribed) capital | 035 | 0 | 0 | |||
| 2 Cash receipts from the issue of equity financial instruments and debt financial instruments | 036 | 0 | 0 | |||
| 3 Cash receipts from credit principals, loans and other borrowings | 037 | 34,051,010 | 21,398,231 | |||
| 4 Other cash receipts from financing activities | 038 | 0 | 0 | |||
| V Total cash receipts from financing activities (ADP 035 to 038) | 039 | 34,051,010 | 21,398,231 | |||
| 1 Cash payments for the repayment of credit principals, loans and other borrowings and debt financial instruments |
040 | -25,874,640 | -26,172,395 | |||
| 2 Cash payments for dividends | 041 | 0 | 0 | |||
| 3 Cash payments for finance lease | 042 | -1,015,188 | -994,767 | |||
| 4 Cash payments for the redemption of treasury shares and decrease in initial (subscribed) capital | 043 | 0 | 0 | |||
| 5 Other cash payments from financing activities | 044 | 0 | 0 | |||
| VI Total cash payments from financing activities (ADP 040 to 044) | 045 | -26,889,828 | -27,167,162 | |||
| C NET CASH FLOW FROM FINANCING ACTIVITIES (ADP 039 +045) | 046 | 7,161,182 | -5,768,931 | |||
| 1 Unrealised exchange rate differences in respect of cash and cash equivalents | 047 | 78 | -189 | |||
| D NET INCREASE OR DECREASE IN CASH FLOWS (ADP 020+034+046+047) | 048 | -1,959,485 | 1,625,512 | |||
| E CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD |
049 | 2,378,004 | 418,519 | |||
| F CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (ADP 048+049) | 050 | 418,519 | 2,044,031 |
The amount of cash and cash equivalents at the end of the current period includes an overdraft balance on accounts totaling EUR 1,001,989.
| Attributable to owners of the parent | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Item | ADP code | Initial (subscribed) capital |
Capital reserves | Legal reserves | Reserves for treasury shares |
holdings (deductible Treasury shares and item) |
Statutory reserves | Other reserves | Revaluation reserves | Fair value of financial income (available for assets through other comprehensive sale) |
Cash flow hedge - effective portion |
vestment in a foreign operation - effective - Hedge of a net in portion |
Other fair value reserves |
translation of foreign differences from Exchange rate operations |
Retained profit / loss brought forward |
Profit/loss for the business year |
Total attributable to owners of the parent |
Minority (non-controlling) interest |
Total capital and reserves |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 (3 to 6 - 7 + 8 to 17) |
19 | 20 (18+19) |
| PREVIOUS PERIOD | |||||||||||||||||||
| 1 Balance on the first day of the previous business year |
01 55,738,058 25,402,255 | 813,439 | 2,772,641 | 921,001 | 0 | 6,880,988 | 0 | 0 | 0 | 0 | 0 | 0 | 13,101,826 | -13,743,480 | 90,044,726 | 0 | 90,044,726 | ||
| 2 Changes in accounting policies | 02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 3 Correction of errors | 03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 4 Balance on the first day of the previous business year (restated) (ADP 01 to 03) |
04 55,738,058 25,402,255 | 813,439 | 2,772,641 | 921,001 | 0 | 6,880,988 | 0 | 0 | 0 | 0 | 0 | 0 | 13,101,826 -13,743,480 | 90,044,726 | 0 | 90,044,726 | |||
| 5 Profit/loss of the period | 05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,039,559 | 1,039,559 | 0 | 1,039,559 |
| 6 Exchange rate differences from translation of foreign operations |
06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 7 Changes in revaluation reserves of fixed tangible and intangible assets |
07 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 8 Gains or losses from subsequent measu rement of financial assets at fair value through other comprehensive income (available for sale) |
08 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 9 Profit or loss arising from effective cash flow hedge |
09 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 10 Profit or loss arising from effective hedge of a net investment in a foreign operation 10 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 11 Share in other comprehensive income/loss of companies linked by virtue of participating interests |
11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 12 Actuarial gains/losses on the defined benefit obligation |
12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 13 Other changes in equity unrelated to owners |
13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 14 Tax on transactions recognised directly in equity |
14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| ADP code | Attributable to owners of the parent | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Item | Initial (subscribed) capital |
Capital reserves | Legal reserves | Reserves for treasury shares |
holdings (deductible Treasury shares and item) |
Statutory reserves | Other reserves | Revaluation reserves | Fair value of financial income (available for assets through other comprehensive sale) |
Cash flow hedge - effective portion |
vestment in a foreign operation - effective - Hedge of a net in portion |
Other fair value reserves |
translation of foreign differences from Exchange rate operations |
Retained profit / loss brought forward |
Profit/loss for the business year |
owners of the parent Total attributable to |
Minority (non-controlling) interest |
Total capital and reserves | |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 (3 to 6 - 7 + 8 to 17) |
19 | 20 (18+19) |
| 15 Decrease in initial (subscribed) capital (other than arising from the pre-bankruptcy settlement procedure or from the reinvestment of profit) |
15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 16 Decrease in initial (subscribed) capital arising from the pre-bankruptcy settlement procedure |
16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 17 Decrease in initial (subscribed) capital arising from the reinvestment of profit |
17 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 18 Redemption of treasury shares/holdings | 18 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 19 Payments from members/shareholders | 19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 20 Payment of share in profit/dividend | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 21 Other distributions and payments to members/shareholders |
21 | -1,143,466 | 482,217 | 0 | 0 | -49,874 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 641,654 | 0 | 30,279 | 0 | 30,279 |
| 22 Transfer to reserves according to the annual schedule |
22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,743,480 | 13,743,480 | 0 | 0 | 0 |
| 23 Increase in reserves arising from the pre-bankruptcy settlement procedure |
23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 24 Balance on the last day of the previous business year reporting period (ADP 04 to 23) |
24 54,594,592 25,884,472 | 813,439 | 2,772,641 | 871,127 | 0 | 6,880,988 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,039,559 | 91,114,564 | 0 | 91,114,564 | ||
| APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS) | |||||||||||||||||||
| I OTHER COMPREHENSIVE INCOME OF THE PREV. PERIOD, NET OF TAX (ADP 06 to 14) 25 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| II COMPREHENSIVE INCOME OR LOSS FOR THE PREVIOUS PERIOD (ADP 05+25) |
26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,039,559 | 1,039,559 | 0 | 1,039,559 |
| III TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 15 to 23) |
27 -1,143,466 | 482,217 | 0 | 0 | -49,874 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,101,826 13,743,480 | 30,279 | 0 | 30,279 |
| ADP code | Attributable to owners of the parent | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Item | Initial (subscribed) capital |
Capital reserves | Legal reserves | Reserves for treasury shares |
holdings (deductible Treasury shares and item) |
Statutory reserves | Other reserves | Revaluation reserves | Fair value of financial income (available for assets through other comprehensive sale) |
Cash flow hedge - effective portion |
vestment in a foreign operation - effective - Hedge of a net in portion |
Other fair value reserves |
translation of foreign differences from Exchange rate operations |
Retained profit / loss brought forward |
Profit/loss for the business year |
Total attributable to owners of the parent |
Minority (non-controlling) interest |
Total capital and reserves | |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 (3 to 6 - 7 + 8 to 17) |
19 | 20 (18+19) |
| CURRENT PERIOD | |||||||||||||||||||
| 1 Balance on the first day of the current business year |
28 54,594,592 25,884,472 | 813,439 | 2,772,641 | 871,127 | 0 | 6,880,988 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,039,559 | 91,114,564 | 0 | 91,114,564 | ||
| 2 Changes in accounting policies | 29 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 3 Correction of errors | 30 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 4 Balance on the first day of the current busi ness year (restated) (AOP 28 to 30) |
31 54,594,592 25,884,472 | 813,439 | 2,772,641 | 871,127 | 0 | 6,880,988 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,039,559 | 91,114,564 | 0 | 91,114,564 | ||
| 5 Profit/loss of the period | 32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 358,677 | 358,677 | 0 | 358,677 |
| 6 Exchange rate differences from translation of foreign operations |
33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 7 Changes in revaluation reserves of fixed tangible and intangible assets |
34 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 8 Gains or losses from subsequent measurement of financial assets at fair value through other comprehensive income (available for sale) |
35 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 9 Profit or loss arising from effective cash flow hedge |
36 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 10 Profit or loss arising from effective hedge of a net investment in a foreign operation 37 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 11 Share in other comprehensive income/loss of companies linked by virtue of participating interests |
38 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 12 Actuarial gains/losses on the defined benefit obligation |
39 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 13 Other changes in equity unrelated to owners |
40 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 14 Tax on transactions recognised directly in equity |
41 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Attributable to owners of the parent | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Item | ADP code | Initial (subscribed) capital |
Capital reserves | Legal reserves | Reserves for treasury shares |
holdings (deductible Treasury shares and item) |
Statutory reserves | Other reserves | Revaluation reserves | Fair value of financial income (available for assets through other comprehensive sale) |
Cash flow hedge - effective portion |
vestment in a foreign operation - effective - Hedge of a net in portion |
Other fair value reserves |
translation of foreign differences from Exchange rate operations |
Retained profit / loss brought forward |
Profit/loss for the business year |
owners of the parent Total attributable to |
Minority (non-controlling) interest |
Total capital and reserves |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 (3 to 6 - 7 + 8 to 17) |
19 | 20 (18+19) |
| 15 Decrease in initial (subscribed) capital (other than arising from the pre-bankruptcy settlement procedure or from the reinvestment of profit) |
42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 16 Decrease in initial (subscribed) capital arising from the pre-bankruptcy settlement procedure |
43 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 17 Decrease in initial (subscribed) capital arising from the reinvestment of profit |
44 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 18 Redemption of treasury shares/holdings | 45 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 19 Payments from members/shareholders | 46 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 20 Payment of share in profit/dividend | 47 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 21 Other distributions and payments to members/shareholders |
48 | 0 | -45,069 | 0 | -1,901,514 | -77,532 | 0 | 2,228,614 | 0 | 0 | 0 | 0 | 0 | 0 | -327,099 | 0 | 32,464 | 0 | 32,464 |
| 22 Carryforward per annual plane | 49 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,039,559 | -1,039,559 | 0 | 0 | 0 |
| 23 Increase in reserves arising from the pre-bankruptcy settlement procedure |
50 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 24 Balance on the last day of the current business year reporting period (ADP 31 to 50) |
51 54,594,592 25,839,403 | 813,439 | 871,127 | 793,595 | 0 | 9,109,602 | 0 | 0 | 0 | 0 | 0 | 0 | 712,460 | 358,677 | 91,505,705 | 0 | 91,505,705 | ||
| APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS) | |||||||||||||||||||
| I OTHER COMPREHENSIVE INCOME FOR THE CURRENT PERIOD, NET OF TAX (ADP 33 to 41) |
52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| II COMPREHENSIVE INCOME OR LOSS FOR THE CURRENT PERIOD (ADP 32 to 52) |
53 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 358,677 | 358,677 | 0 | 358,677 |
| III TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 42 to 50) |
54 | 0 | -45,069 | 0 | -1,901,514 | -77,532 | 0 | 2,228,614 | 0 | 0 | 0 | 0 | 0 | 0 | 712,460 | -1,039,559 | 32,464 | 0 | 32,464 |
NOTES TO FINANCIAL STATEMENTS - QFS
(DRAWN UP FOR QUARTERLY REPORTING PERIODS)
| Name of the issuer | AD Plastik d.d. |
|---|---|
| Headquarter | Ul. Antuna Gustava Matoša 8, 21210, Solin, Croatia |
| OIB (Personal identification number) | 48351740621 |
| MBS | 060007090 |
| Reporting period | 1. 1. 2024. to 31. 12. 2024. |
Notes to financial statements are available as part of AD Plastik Group's Unaudited financial statement. Unaudited financial statement is available on Zagreb Stock Exchange website.
AD Plastik Group Integrated annual report for 2023 year is available on Zagreb Stock Exchange website.
Same accounting policies are applied while drawing up financial statements for current reporting period as in the latest annual financial statements.
AD Plastik d.d. has issued corporate guarantees for the needs of subsidiaries in the following amounts: to banks EUR 7,700 thousand and to suppliers EUR 1,044 thousand.
AD Plastik d.d. currently has no debts due after more than five years.
The average number of employees of AD Plastik d.d. in the period from 01.01.2024. to 31.12.2024. was 1,101.
In intangible assets in the period from 01.01.2024. to 31.12.2024., the cost of net salaries and wages of EUR 551,667, the cost of taxes and contributions from salaries of EUR 214,703 and the cost of contributions to salaries of EUR 113,811 were capitalized.
Deffered tax assets balance increased by EUR 409 thousand in the reporting period. Deferred tax assets of AD Plastik d.d. on 31.12.2023. amounts to EUR 2,603 thousand, while the deferred tax liability amounts to EUR 380 thousand.
The difference in cash and cash equivalents in the statement of cash flows compared to the statement of financial position, amounting to EUR 1,002 thousand, relates to the overdraft balance on the current account.
MANAGEMENT'S STATEMENT OF RESPONSIBILITY Solin, February 2025
The financial statements of AD Plastik Group and the Company AD Plastik d.d. Solin are prepared in accordance with the International Financial Reporting Standards (IFRS) and the Croatian Law on Accounting.
The unaudited consolidated financial statements of AD Plastik Group and the financial statements of the Company AD Plastik d.d. for the period from January 1 to December 31 2024, give a complete and true review of the assets and liabilities, profit and loss, financial position and business activities of the issuers and companies included in the consolidation as a whole.
The management report for the period until December 31 2024, contains an accurate and true display of the development and results of the business activities of the Company with a description of the most significant risks and uncertainties to which the Company is exposed.
Marinko Došen President of the Management Board
Mladen Peroš Member of the Management Board
under the Registered Company Number (MBS): 060007090 Company Identification Number (OIB): 48351740621
Josip Divić Member of the Management Board
The share capital in the amount of EUR 54,594,592.00 was paid in full. AD Plastik issued a total of 4,199,584 ordinary shares, in the nominal amount of EUR 13.00 President of the Management Board: Marinko Došen Management Board members: Mladen Peroš, Josip Divić President of the Supervisory Board: Ivica Tolić
The Company is registered at the Court Register of the Commercial Court of Split
IBAN: HR04 2340 0091 1101 5371 1, Privredna banka Zagreb d.d., Zagreb
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