Management Interim Report of the AD Plastik Group and Company AD Plastik Inc. Solin for the period January-September 2011.

Solin, October 2011.

Content:

		page
	Financial reports of AD Plastik group	2
1.	Balance sheet	4
2.	Profit and loss account	6
3.	Cash flow (Indirect method)	8
4.	Report on changes of capital	9
5.	Notes to Consolidated Financial Statements	10
	Financial reports of the Company AD Plastik Inc. Solin	11
6.	Balance sheet	13
7.	Profit and loss account	15
8.	Cash flow (Indirect method)	17
9.	Report on changes of capital	18
	10. Notes to the financial statements for the Parent Company	19
	Statement of the person responsible for drafting the financial report	20

Financial reports of AD Plastik Group

Appendix 1
Reporting period:				01.01.2011.		till	30.09.2011.

						Quarterly Financial Report of the entrepreneur TFI-POD

	Register number (MB):		03440494

	Entity register number (MBS):		060007090

	Personal identification		48351740621
	number (PIN):
	Issuing company: AD PLASTIK d.d.

	Post code and place: 21210				Solin

	Street and house number: Matoševa 8

	E-mail address: [email protected]

	Internet address: www.adplastik.hr

		406	Solin
	Municipality/city code and
	name:
	County code and name:	1 7	Splitsko-dalmatinska				No. of employees:	2.422
							(at the end of the trimester)
	Consolidated report:	Yes					NCA code:	2932

	Names of consolidation subjects (according to IMSF):				Seat:
							REG.NO.:
			AD PLASTIK d.d.			Solin, Hrvatska	03440494

			ZAO PHR			Samara, Ruska Federacija	103630022193

			AD PLASTIK d.o.o.				1214985000
				Novo Mesto, Slovenija
			ZAO ADP LUGA	Luga, Ruska Federacija			107471000032

			SG PLASTIK d.o.o.			Solin, Hrvatska	02097974





	Bookkeeping service:

	Contact person:	Marica Jakelić
						(only the name and surname of the contact person to be entered)

		Telephone: 021/206-660				Fax:	021/275-660

	E-mail address: [email protected]

	Name and surname: Katija Klepo
				(person authorised for representation)

	Documentation for publishing:
							1. Financial statements (balance sheet, profit and loss statement, cash flow statement, changes in equity and notes to
	financial statements)
	2. Interim report,
	3.Statement of the person responsible for compiling financial statements.


							(signature of the person authorised for representation)
				Place of the seal
					3

1. Balance sheet

Assets

BALANCE SHEET
as at 30.09.2011.
Taxpayer: GROUP AD PLASTIK
	AOP
ITEM	ind.	Preceding year	Current year
1	2	3	4
ASSETS
A) RECEIVABLES FOR SUBSCRIBED CAPITAL UNPAID	001
B) FIXED ASSETS (003+010+020+029+033)	002	661.659.664	697.440.707
I. INTANGIBLE ASSETS (004 up to 009)	003	43.568.093	37.741.501
1. Development costs	004	40.667.371	35.184.235
2. Concessions, patents, licenses, trademarks, softwares and other rights	005	2.476.173	574.879
3. Goodwill	006
4. Advances for purchase of intangible assets	007
5. Intangible assets in preparation	008
6. 6. Other intangible assets	009	424.549	1.982.387
II. TANGIBLE ASSETS (011 up to 019)	010	515.418.758	511.362.092
1. Land	011	134.619.737	135.048.372
2. Buildings	012	206.138.884	209.334.949
3. Plants and machinery	013	153.479.963	150.312.462
4. Tools, plant & office inventory, furniture & transport means	014	14.341.785	8.075.318
5. Biological assets	015
6. Payments on account for tangible assets	016		2.537.806
7. Tangible assets in preparation	017	5.558.791	4.465.334
8. Other tangible assets	018	1.279.598	1.587.851
9. Investment in real estate	019
III. FIXED FINANCIAL ASSETS (021 up to 028)	020	101.901.260	147.590.355
1. Shares in affiliated undertakings	021
2. Loans to affiliated undertakings	022
3. Participating interests (shares)	023	72.841.443	72.092.593
4. Given loans to companies in which exist participating interests	024	28.564.380	50.927.325
5. Investments in securities	025	63.855	63.855
6. Other loan, deposits etc	026	431.582	24.506.582
7. Other fixed financial assets	027
8. Investment stated in equity method	028
IV. RECEIVABLES (030 up to 032)	029	0	0
1. Receivables from associated undertakings	030
2. Receivables from sales on credit	031
3. Other receivables	032
V. DEFFERED TAX ASSETS	033	771.553	746.759
C) CURRENT ASSETS (035+043+050+058)	034	335.680.554	309.864.145
I. INVENTORY (036 up to 042)	035	57.465.965	59.756.192
1. Materials and supplies	036	42.629.395	37.415.058
2. Work in progress	037	2.806.050	2.503.363
3. Finished goods	038	8.623.623	7.677.777
4. Commercial goods	039	3.406.897	12.159.994
5. Advances for inventories	040
6. Long term assets held for sale	041
7. Biological assets	042
II. RECEIVABLES (044 up to 049)	043	202.109.498	186.182.661
1. Receivables from associated undertakings	044
2. Trade receivables	045	147.150.088	119.014.273
3. Receivables from participating companies	046	5.244.952	16.572.850
4. Receivables from employees and members of the business	047	932.787	2.505.075
5. Receivables from government and other institutions	048	24.370.613	17.207.362
6. Other receivables III. CURRENT FINANCIAL ASSETS (051 up to 057)	049 050	24.411.058	30.883.101
		66.543.367	51.928.687
1. Shares in affiliated undertakings 2. Loans to affiliates	051 052
3. Participating interests (shares)	053
4. Given loans to companies in which exist participating interests	054
5. Investments in to securities	055		4.841.220
6. Other loan, deposits etc	056
		66.543.367	47.087.467
7. Other financial assets	057
IV. CASH AT BANK AND IN HAND D) PREPAYMENTA AND ACCRUED INCOME	058 059	9.561.724 75.549.210	11.996.605 99.618.805
E) TOTAL ASSETS (001+002+034+059)	060	1.072.889.428	1.106.923.657
F) OUT-OF-BALANCE ITEMS	061	7.149.642	4.592.542

	Liabilities

LIABILITIES
A) CAPITAL AND RESERVES (063+064+065+071+072+075+078)	062	667.865.433	685.227.881
I. SUBSCRIBED SHARE CAPITAL	063	419.958.400	419.958.400
II. CAPITAL RESERVES	064	177.437.945	183.118.687
III. RESERVES FROM GAIN (066+067-068+069+070)	065	6.176.653	15.553.290
1. Legal reserves	066	6.139.794	6.142.445
2. Reserves for own shares	067	11.359.719	452.753
3. Own stocks and shares (deductible item)	068	11.359.719	452.753
4. Statutory reserves	069	36.859	37.392
5. Other reserves	070		9.373.453
IV. REVALUATION RESERVES	071	10.042.847	10.185.353
V. RETAINED EARNINGS OR LOSS BROUGHT FORWARD (073-074)	072	0	17.094.088
1. Retained earnings	073		17.094.088
2. Loss brought forward	074
VI. CURRENT YEAR PROFIT OR LOSS (076-077)	075	54.224.990	39.318.063
1. Current year profit	076	54.224.990	39.318.063
2. Current year loss	077
VII. MINOR INTEREST	078	24.598
B) PROVISIONS (080 up to 082)	079	15.619.833	15.311.418
1. Provisions for pensions, severance pay and similar obligations	080	3.332.255	3.332.256
2. Provisions for tax liabilities	081
3. Other provisions	082	12.287.578	11.979.162
C) LONG TERM LIABILITIES (084 up to 092)	083	92.905.027	91.730.571
1. Liabilities to related parties	084
2. Commitments for loans, deposits, etc	085
3. Liabilities to banks and other financial institutions	086	92.830.764	91.678.685
4. Liabilities for advances	087
5. Trade payables	088
6. Commitments on securities	089
7. Liabilities to companies in which are participating interests	090

8. Other long term liabilities	091
9. Deferred tax liabilities	092	74.263	51.886
D) SHORT TERM LIABILITIES (094 do 105)	093	294.793.799	302.707.804
1. Liabilities to related parties	094
2. Commitments for loans, deposits, etc	095		30.795
3. Liabilities to banks and other financial institutions	096	106.256.933	103.302.997
4. Liabilities for advances	097	82.413.732	97.779.199
5. Trade payables	098	93.147.767	75.683.608
6. Commitments on securities	099
7. Liabilities to companies in which are participating interests	100		199
8. Liabilities towards employees	101	6.553.022	6.796.476
9. Liabilities for taxes, contributions and other benefits	102	6.147.659	16.738.939
10. Liabilities to share in the result	103	16.387	1.426.532
11. Amount based on fixed assets intended to sale	104
12. Other short-term liabilities	105	258.299	949.059
E) DEFERRED PAYMENT OF COSTS AND FUTURE INCOME	106	1.705.336	11.945.983
F) TOTAL LIABILITIES (062+079+083+093+106)	107	1.072.889.428	1.106.923.657
G) OUT-OF BALANCE ITEMS	108	7.149.642	4.592.542
ADDENDUM TO BALANCE SHEET( filled in by the entrepreneur compiling the consolidated annual financial statement)
A) CAPITAL AND RESERVES
1. Ascribed to the holders of the parent company capital	109	667.840.835	685.227.881
2. Ascribed to minority interest	110	24.598	0
Note 1: Appendix to Balance sheet fill companies w ho make consolidated financial statements.

2. Profit and loss account

PROFIT AND LOSS ACCOUNT

in period from 01.01.2011. till 30.09.2011.

Taxpayer: GROUP AD PLASTIK
ITEM	AOP Preceding year ind.			Current year
		Cumulative	Quarter	Cumulative	Quarter
1	2	3	4	5	6
I. OPERATING TURNOVER (112+113)	111	601.501.601	143.486.245	531.556.297	163.542.917
1. Income from sales	112	510.176.081	142.953.887	518.070.521	154.198.571
2. Other operating income	113	91.325.520	532.358	13.485.776	9.344.346
II. OPERATING CHARGES (115+116+120+124+125+126+129+130)	114	572.778.705	127.970.782	493.843.954	160.155.213
1. Changes in the value of inventories of work in progress and finished goods	115	-1.175.368	-1.782.267	1.088.569	562.621
2. Material charges (117 up to 119)	116	333.970.029	88.203.868	304.140.415	83.357.558
a) Costs of raw materials and consumables	117	296.950.892	76.472.754	267.375.480	83.330.253
b) Costs of sales	118	1.218.477	264.612	1.451.069	190.836
c) Other external charges	119	35.800.660	11.466.502	35.313.866	-163.531
3. Staff costs (121 up to 123)	120	91.743.078	28.480.161	91.635.867	30.100.905
a) Salaries and wages	121	55.045.847	17.088.097	56.158.197	18.591.511
b) Costs of taxes and social security	122	22.935.769	7.120.040	19.506.330	6.293.506
c) Duties on wages	123	13.761.462	4.272.024	15.971.340	5.215.888
4. Depreciation	124	39.282.750	11.106.344	37.978.844	12.525.664
5. Other costs	125	29.756.353	8.304.013	55.234.329	33.380.799
6. Impairment (127+128)	126	0	0	0	0
a) fixed assets (excluding financial assets)	127
b) current assets (excluding financial assets)	128
7. Provisions	129	5.787.491	-7.376.609
8. Other operating expenses	130	73.414.372	1.035.272	3.765.930	227.666
III. FINANCIAL INCOME (132 up to 136)	131	37.641.688	11.623.845	21.406.036	11.010.100
1. Interests, exchange rate differenc, dividends with affiliates	132	18.060.305	-1.169	4.820.553	1.937.666
2. Interests, exch. rate differenc., dividends with non-affiliates	133	19.581.383	11.625.014	16.416.454	9.082.172
3. Part of income from affiliates and participated interests	134
4. Non-realized financial income	135
5. Other financial income	136			169.029	-9.738
IV. FINANCIAL CHARGES (138 up to 141)	137	31.798.713	16.032.281	30.918.717	17.012.718
1. Interests, exchange rate differenc, dividends with affiliates	138	8.942.270	6.004.863	8.323.931	5.039.208
2. Interests, exch. rate differenc., dividends with non-affiliates	139	22.856.443	10.027.418	22.375.458	11.986.146
3. Non-realized financial charges	140
4. Other financial charges	141			219.328	-12.636
V. SHARE OF PROFIT FROM ASSOCIATED COMPANIES	142	5.790.756	3.268.729	18.057.481	5.831.144
VI. SHARE OF LOSS FROM ASSOCIATED COMPANIES	143	8.077.360	5.143.958	2.617.786	1.820.535
VII. EXTRAORDINARY – OTHER INCOME	144			24.775
VIII. EXTRAORDINARY – OTHER CHARGES	145
IX. TOTAL INCOME (111+131+142 + 144)	146	644.934.045	158.378.819	571.044.589	180.384.161
X. TOTAL CHARGES (114+137+143 + 145)	147	612.654.778	149.147.021	527.380.457	178.988.466
XI. PROFIT OR LOSS BEFORE TAXATION (146-147)	148	32.279.267	9.231.798	43.664.132	1.395.695
1. Profit before taxation (146-147)	149	32.279.267	9.231.798	43.664.132	1.395.695
2. Loss before taxation (147-146)	150	0	0	0	0
XII. PROFIT TAX	151	2.880.866	2.644.272	4.346.069	242.478
XIII. PROFIT OR LOSS FOR THE PERIOD (148-151)	152	29.398.401	6.587.526	39.318.063	1.153.217
1. PROFIT FOR THE PERIOD (149-151)	153	29.398.401	6.587.526	39.318.063	1.153.217
2. LOSS FOR THE PERIOD (151-148)	154	0	0	0	0

3. Profit and loss account - continued

ADDENDUM TO ATS (filled in by the entrepreneur compiling the consolidated annual financial statement)
XIV. PROFIT OR LOSS FOR THE CURRENT PERIOD
1. Attributable to equity holders	155	29.386.878	6.576.949	39.318.063	1.153.217
2. Attributable to minority interests	156	11.523	10.577
Report for other comprehensive income (only for the taxpayer applying IFRS)
I. PROFIT OR LOSS FOR THE CURRENT PERIOD (= 152)	157	29.398.401	6.587.526	39.318.063	1.153.217
II. OTHER COMPREHENSIVE INCOME / LOSS BEFORE TAXATION (159 up to 165)	158	0	0	0	0
1. Exchange differences on translation of foreign operations	159
2. Movements in revaluation reserves of fixed and intangible assets	160
3. Profit or loss from revaluation of financial assets available for sale	161
4. Gains or losses on effective cash flow protection	162
5. Gains or losses on effective hedge of a net investment abroad	163
6. Share of other comprehensive income / loss of associated companies	164
7. Actuarial gains / losses on defined benefit plans	165
III. TAX ON OTHER COMPREHENSIVE INCOME FOR THE CURRENT PERIOD	166
IV. OTHER COMPREHENSIVE NET PROFIT OR LOSS	167	0	0	0	0
V. OTHER COMPREHENSIVE PROFIT OR LOSS FOR THE PERIOD (157+167)	168	29.398.401	6.587.526	39.318.063	1.153.217
ADDENDUM TO Report for other comprehensive income (filled in by the entrepreneur compiling the consolidated annual financial statement)
VI. OTHER COMPREHENSIVE PROFIT OR LOSS FOR THE PERIOD
1. Attributable to equity holders	169	29.386.878	6.576.949	39.318.063	1.153.217
2. Attributable to minority interests	170	11.523	10.577	0	0

3. Cash flow (indirect method)

CASH FLOW REPORT – Indirect method
in period from 01.01.2011. till 30.09.2011.

Taxpayer: GROUP AD PLASTIK
ITEM	AOP ind.	Preceding year	Current year
1	2	3	4
CASH FLOW FROM OPERATING ACTIVITIES
1. Profit before taxation		23.047.469	43.664.132
	001
2. Depreciation	002	28.176.406	37.978.844
3. Increase of current liabilities	003	7.052.109	17.846.237
4. Decrease of current receivables	004	29.140.097
5. Decrease in stocks	005	17.335.287
6. Other increase of cash flow	006	43.334	9.876.530
I. Total increase of cash flow from operating activities (001 - 006)	007	104.794.702	109.365.743
1. Decrease of current liabilities	008
2. Increase of current receivables	009		8.142.758
3. Increase in stocks	010		2.290.227
4. Other decrease of cash flow	011	174.081
II. Total decrease of cash flow from operating activities (008 – 011)	012	174.081	10.432.985
A1) NET INCREASE OF CASH FLOW FROM OPERATING ACTIVITIES (012-007)	013	104.620.621	98.932.758
A2) NET DECREASE OF CASH FLOW FROM OPERATING ACTIVITIES (012-007)	014	0	0
CASH FLOWS FROM INVESTMENT ACTIVITIES
1. Cash inflows from sale of fixed intangible and tangible assets	015
2. Cash inflows from sale of ownership and debt instruments	016
3. Cash inflows from interest	017
4. Cash inflows from dividends	018	5.741.416	7.895.757
5. Other cash inflows from investment activities	019
III. Total cash inflows from investment activities (015-019)	020	5.741.416	7.895.757
1. Cash expenditures for purchase of fixed tangible and intangible assets	021	38.317.405	28.095.586
2. Cash expenditures for acquisition of ownership and debt instruments	022
3. Other cash expenditures from investment activities	023	12.063.698
IV. Total cash expenditures from investment activities (021-023)	024	50.381.103	28.095.586
B1) NET INCREASE OF CASH FLOW FROM INVESTMENT ACTIVITIES (020-024)	025	0	0
B2) NET DECREASE OF CASH FLOW FROM INVESTMENT ACTIVITIES (024-020)	026	44.639.687	20.199.829
CASH FLOW FROM FINANCIAL ACTIVITIES
1. Cash inflows from issuing ownership and debt financial instruments	027
2. Cash inflows from credit principal, debentures, loans and other borrowings	028
3. Other inflows from financial activities	029	3.172.850	27.438.530
V. Total cash inflows from financial activities (027-029)	030	3.172.850	27.438.530
1. Cash expenditures for the payment of credit principal and debentures	031	22.845.085	1.174.456
2. Cash expenditures for the payment of dividends	032	5.784.750	29.822.493
3. Cash expenditures for financial lease	033	847.944	46.437.945
4. Cash expenditures for repurchase of own shares	034
5. Other cash expenditures from financial activities VI. Total cash expenditures from financial activities (031-035)	035 036	34.222.398	26.301.684
C1) NET INCREASE OF CASH FLOW FROM FINANCIAL ACTIVITIES (030-036)	037	63.700.177	103.736.578
C2) NET DECREASE OF CASH FLOW FROM FINANCIAL ACTIVITIES (036-030)	038	0 60.527.327	0 76.298.048
Total cash flow increase (013-014+025-026+037-038)	039	0	2.434.881
Total cash flow decrease (014-013+026-025+038-037)	040	546.393	0
Cash and cash equivalents at the beginning of the period	041	13.146.715	9.561.724
Cash and cash equivalents increase	042		2.434.881
Cash and cash equivalents decrease	043	546.393
Cash and cash equivalents at the end of the period	044	12.600.322	11.996.605

4. Report on changes of capital

REPORT ON CHANGES TO CAPITAL
for period 1.1.2011 till 30.9.2011
ITEM	AOP	Preceding
	ind.	year	Current year
1	2	3	4
1. Subscribed capital	001	419.958.400	419.958.400
2. Capital reserves	002	177.437.945	183.118.687
3. Reserves from profit	003	6.201.251	15.553.290
4. Retained profit or loss carried over	004	0	17.094.088
5. Current year profit or loss	005	54.224.990	39.318.063
6. Revalorisation of fixed material assets	006
7. Revalorisation of intangible assets	007
8. Revalorisation of financial assets available for sale	008
9. Other revalorisation	009	10.042.847	10.185.353
10. Total capital and reserves (AOP 001-009)	010	667.865.433	685.227.881
11.Exchange rate variations from net investments into foreign business operations	011
12.Current and deferred taxes (part)	012
13.Cash flow protection	013
14.Changes in bookkeeping policies	014
15.Correction of significant mistakes from the previous period	015
16.Other changes to capital	016
17. Total capital increase or decrease (AOP 011 - 016)	017	0	0

17a. Ascribed to holders of the holders company capital	018	667.840.835	685.227.881
17b. Ascribed to minority interest	019	24.598	0
Items reducing Capital are entered w ith negative sign. Data under EOP codes 001 to 009 are entered as balance as at Balance Sheet date.

5. Notes to Consolidated Financial Statements

Balance sheet:

AOP 024 Higher given loans to companies where there exist participating interest.
AOP ⁰²⁶ Grater than previous year due to the financial help, long term loan, given s o that ADP employees could buy ADP stocks as part of realization of ESOP Program.
AOP 039 Commercial goods contain value of tool for known buyer.
AOP 046 Receivables from participating companies includes dividend from EURO APS, Romania.

Profit and loss account:

AOP 112, 113 i 130 - Less income and expenses are due to the production transfer from affiliate ADP Luga to affiliate FADP Luga Russia whose financial reports are included in AD Plastik Group reports using the equity method in accordance with IAS 27 and 28.
AOP 125 Other expenses are higher due to the higher tool cost in Parent Company 19 MKn comparing the same period last year. All costs are covered with accompanied tooling income.
AOP 132 There was exchange fluctuation in current period in Russia which had negative impact on result.

Financial reports of the Company AD Plastik Inc. Solin

Appendix 1
Reporting period:				01.01.2011.		till	30.09.2011.

						Quarterly Financial Report of the entrepreneur TFI-POD

	Register number (MB):		03440494

	Entity register number (MBS):		060007090

	Personal identification		48351740621
	number (PIN): Issuing company: AD PLASTIK d.d.

	Post code and place: 21210				Solin

	Street and house number: Matoševa 8

	E-mail address: [email protected]

	Internet address: www.adplastik.hr

	Municipality/city code and	406	Solin
	name:
	County code and name:	1 7		Splitsko-dalmatinska			No. of employees:	834
							(at the end of the trimester)
	Consolidated report:	NO					NCA code:	2932

	Names of consolidation subjects (according to IMSF):				Seat:
							REG.NO.:













	Bookkeeping service:

	Contact person: Marica Jakelić
						(only the name and surname of the contact person to be entered)
		Telephone: 021/206-660				Fax:	021/275-660

	E-mail address: [email protected]

	Name and surname: Katija Klepo
				(person authorised for representation)

	Documentation for publishing:
			1. Financial statements (balance sheet, profit and loss statement, cash flow statement, changes in equity and notes to financial
	statements)
	2. Interim report,
	3.Statement of the person responsible for compiling financial statements.


				Place of the seal			(signature of the person authorised for representation)

6. Balance sheet

Assets

BALANCE SHEET
as at 30.09.2011.
Taxpayer: AD PLASTIK d.d.

ITEM	AOP ind.	Preceding year	Current year
1	2	3	4
ASSETS
A) RECEIVABLES FOR SUBSCRIBED CAPITAL UNPAID	001
B) FIXED ASSETS (003+010+020+029+033)	002	683.393.883	723.067.916
I. INTANGIBLE ASSETS (004 up to 009)	003	41.068.786	35.714.846
1. Development costs	004	40.667.370	35.184.235
2. Concessions, patents, licenses, trademarks, softwares and other rights	005	401.416	530.611
3. Goodwill	006
4. Advances for purchase of intangible assets	007
5. Intangible assets in preparation	008
6. 6. Other intangible assets	009
II. TANGIBLE ASSETS (011 up to 019)	010	440.520.255	428.081.942
1. Land	011	134.619.737	135.048.372
2. Buildings	012	170.463.291	169.746.259
3. Plants and machinery	013	125.573.646	113.021.198
4. Tools, plant & office inventory, furniture & transport means 5. Biological assets	014 015	7.236.660	5.800.779
6. Payments on account for tangible assets	016
7. Tangible assets in preparation	017	2.626.921	4.465.334
8. Other tangible assets	018
9. Investment in real estate	019
III. FIXED FINANCIAL ASSETS (021 up to 028)	020	201.138.391	258.604.677
1. Shares in affiliated undertakings	021	74.678.639	74.931.636
2. Loans to affiliated undertakings	022	44.838.550	55.863.894
3. Participating interests (shares)	023	52.561.385	52.311.385
4. Given loans to companies in which exist participating interests	024	28.564.380	50.927.325
5. Investments in securities	025	63.855	63.855
6. Other loan, deposits etc	026	431.582	24.506.582
7. Other fixed financial assets	027
8. Investment stated in equity method	028
IV. RECEIVABLES (030 up to 032)	029	0	0
1. Receivables from associated undertakings	030
2. Receivables from sales on credit	031
3. Other receivables	032
V. DEFFERED TAX ASSETS	033	666.451	666.451
C) CURRENT ASSETS (035+043+050+058)	034	293.731.842	231.826.284
I. INVENTORY (036 up to 042)	035	37.165.157	31.543.460
1. Materials and supplies	036	27.539.443	22.443.167
2. Work in progress 3. Finished goods	037 038	2.430.497 7.183.788	2.257.935 6.731.963
4. Commercial goods	039	11.429	110.395
5. Advances for inventories	040
6. Long term assets held for sale	041
7. Biological assets	042
II. RECEIVABLES (044 up to 049)	043	186.794.445	148.078.062
1. Receivables from associated undertakings	044	80.475.302	45.783.572
2. Trade receivables	045	63.662.324	27.220.757
3. Receivables from participating companies	046	5.244.952	16.572.850
4. Receivables from employees and members of the business	047	929.439	2.329.017
5. Receivables from government and other institutions	048	15.433.186	13.138.255
6. Other receivables	049	21.049.242	43.033.611
III. CURRENT FINANCIAL ASSETS (051 up to 057)	050	66.543.367	47.087.467
1. Shares in affiliated undertakings	051
2. Loans to affiliates	052
3. Participating interests (shares)	053
4. Given loans to companies in which exist participating interests	054
5. Investments in to securities	055
6. Other loan, deposits etc	056	66.543.367	47.087.467
7. Other financial assets IV. CASH AT BANK AND IN HAND	057 058	3.228.873	5.117.295
D) PREPAYMENTA AND ACCRUED INCOME	059	75.527.413	99.603.857
E) TOTAL ASSETS (001+002+034+059)	060	1.052.653.138	1.054.498.057
F) OUT-OF-BALANCE ITEMS	061	7.149.642	4.592.542

Liabilities

LIABILITIES
A) CAPITAL AND RESERVES (063+064+065+071+072+075+078)	062	648.297.174	675.157.578
I. SUBSCRIBED SHARE CAPITAL	063	419.958.400	419.958.400
II. CAPITAL RESERVES	064	181.239.161	183.075.797
III. RESERVES FROM GAIN (066+067-068+069+070)	065	16.171.699	15.502.305
1. Legal reserves	066	6.128.852	6.128.852
2. Reserves for own shares	067	11.359.719	452.753
3. Own stocks and shares (deductible item)	068	11.359.719	452.753
4. Statutory reserves	069
5. Other reserves	070	10.042.847	9.373.453
IV. REVALUATION RESERVES	071	10.185.353	10.185.353
V. RETAINED EARNINGS OR LOSS BROUGHT FORWARD (073-074)	072	0	0
1. Retained earnings	073
2. Loss brought forward	074
VI. CURRENT YEAR PROFIT OR LOSS (076-077)	075	20.742.561	46.435.723
1. Current year profit	076	20.742.561	46.435.723
2. Current year loss	077
VII. MINOR INTEREST	078
B) PROVISIONS (080 up to 082)	079	10.225.567	10.225.568
1. Provisions for pensions, severance pay and similar obligations	080	3.332.255	3.332.256
2. Provisions for tax liabilities	081
3. Other provisions	082	6.893.312	6.893.312
C) LONG TERM LIABILITIES (084 up to 092)	083	92.830.764	91.678.685
1. Liabilities to related parties	084
2. Commitments for loans, deposits, etc	085
3. Liabilities to banks and other financial institutions	086	92.830.764	91.678.685
4. Liabilities for advances	087
5. Trade payables	088
6. Commitments on securities	089
7. Liabilities to companies in which are participating interests	090
8. Other long term liabilities	091
9. Deferred tax liabilities	092
D) SHORT TERM LIABILITIES (094 do 105)	093	299.594.297	265.505.692
1. Liabilities to related parties	094	37.269.825	38.667.300
2. Commitments for loans, deposits, etc	095
3. Liabilities to banks and other financial institutions	096	106.256.933	65.842.882
4. Liabilities for advances	097	80.140.898	89.745.466
5. Trade payables	098	66.312.190	54.512.607
6. Commitments on securities	099
7. Liabilities to companies in which are participating interests	100	199	199
8. Liabilities towards employees	101	5.226.092	5.107.342
9. Liabilities for taxes, contributions and other benefits	102	4.388.160	10.203.364
10. Liabilities to share in the result	103		1.426.532
11. Amount based on fixed assets intended to sale	104
12. Other short-term liabilities	105
E) DEFERRED PAYMENT OF COSTS AND FUTURE INCOME	106	1.705.336	11.930.534
F) TOTAL LIABILITIES (062+079+083+093+106)	107	1.052.653.138	1.054.498.057
G) OUT-OF BALANCE ITEMS	108	7.149.642	4.592.542
ADDENDUM TO BALANCE SHEET( filled in by the entrepreneur compiling the consolidated annual financial statement)
A) CAPITAL AND RESERVES
1. Ascribed to the holders of the parent company capital	109
2. Ascribed to minority interest	110

Note 1: Appendix to Balance sheet fill companies w ho make consolidated financial statements.

7. Profit and loss account

PROFIT AND LOSS ACCOUNT
in period from 01.01.2011. till 30.09.2011.
Taxpayer: AD PLASTIK d.d.
ITEM	AOP ind.	Preceding year			Current year
		Cumulative	Quarter	Cumulative	Quarter
1	2	3	4	5	6
I. OPERATING TURNOVER (112+113)	111	403.634.656	111.527.515	412.263.813	117.398.693
1. Income from sales	112	399.242.055	110.292.107	408.211.229	115.302.998
2. Other operating income	113	4.392.601	1.235.408	4.052.584	2.095.695
II. OPERATING CHARGES (115+116+120+124+125+126+129+130)	114	385.449.132	111.509.293	391.128.607	120.390.062
1. Changes in the value of inventories of work in progress and finished goods	115	-636.449	-537.041	568.215	94.436
2. Material charges (117 up to 119)	116	258.161.407	68.450.556	241.852.486	63.560.037
a) Costs of raw materials and consumables	117	204.666.540	58.062.434	191.737.069	53.914.105
b) Costs of sales	118	20.671.561	3.267.360	19.365.669	3.033.920
c) Other external charges	119	32.823.306	7.120.762	30.749.748	6.612.012
3. Staff costs (121 up to 123)	120	70.987.496	23.162.281	67.395.951	22.897.923
a) Salaries and wages	121	42.592.497	13.897.367	40.437.570	13.738.753
b) Costs of taxes and social security	122	17.746.874	5.790.571	16.848.988	5.724.481
c) Duties on wages	123	10.648.125	3.474.343	10.109.393	3.434.689
4. Depreciation	124	31.541.051	10.636.443	29.558.874	9.852.747
5. Other costs	125	24.170.146	8.761.782	50.193.087	23.980.994
6. Impairment (127+128)	126	0	0	0	0
a) fixed assets (excluding financial assets)	127
b) current assets (excluding financial assets)	128
7. Provisions	129
8. Other operating expenses	130	1.225.481	1.035.272	1.559.994	3.925
III. FINANCIAL INCOME (132 up to 136)	131	22.710.052	12.889.139	53.931.273	13.604.150
1. Interests, exchange rate differenc, dividends with affiliates	132	7.550.107	4.686.742	12.118.300	5.474.857
2. Interests, exch. rate differenc., dividends with non-affiliates	133	15.159.945	8.202.397	25.864.671	8.129.293
3. Part of income from affiliates and participated interests	134			15.948.302
4. Non-realized financial income	135
5. Other financial income	136
IV. FINANCIAL CHARGES (138 up to 141)	137	22.647.294	9.935.500	25.294.396	11.796.434
1. Interests, exchange rate differenc, dividends with affiliates	138	2.372.708	484.578	6.824.353	2.709.628
2. Interests, exch. rate differenc., dividends with non-affiliates	139	20.274.586	9.450.922	18.470.043	9.086.806
3. Non-realized financial charges	140
4. Other financial charges	141
V. SHARE OF PROFIT FROM ASSOCIATED COMPANIES	142
VI. SHARE OF LOSS FROM ASSOCIATED COMPANIES	143
VII. EXTRAORDINARY – OTHER INCOME	144
VIII. EXTRAORDINARY – OTHER CHARGES	145
IX. TOTAL INCOME (111+131+142 + 144)	146	426.344.708	124.416.654	466.195.086	131.002.843
X. TOTAL CHARGES (114+137+143 + 145)	147	408.096.426	121.444.793	416.423.003	132.186.496
XI. PROFIT OR LOSS BEFORE TAXATION (146-147)	148	18.248.282	2.971.861	49.772.083	-1.183.653
1. Profit before taxation (146-147)	149	18.248.282	2.971.861	49.772.083	0
2. Loss before taxation (147-146)	150	0	0	0	1.183.653
XII. PROFIT TAX	151			3.336.360	175.174
XIII. PROFIT OR LOSS FOR THE PERIOD (148-151)	152	18.248.282	2.971.861	46.435.723	-1.358.827
1. PROFIT FOR THE PERIOD (149-151)	153	18.248.282	2.971.861	46.435.723	0
2. LOSS FOR THE PERIOD (151-148)	154	0	0	0	1.358.827

7. Profit and loss account -continued

ADDENDUM TO ATS (filled in by the entrepreneur compiling the consolidated annual financial statement)
XIV. PROFIT OR LOSS FOR THE CURRENT PERIOD
1. Attributable to equity holders	155
2. Attributable to minority interests	156
Report for other comprehensive income (only for the taxpayer applying IFRS)
I. PROFIT OR LOSS FOR THE CURRENT PERIOD (= 152) 157
II. OTHER COMPREHENSIVE INCOME / LOSS BEFORE TAXATION (159 up to 165)	158	0	0	0	0
1. Exchange differences on translation of foreign operations	159
2. Movements in revaluation reserves of fixed and intangible assets	160
3. Profit or loss from revaluation of financial assets available for sale	161
4. Gains or losses on effective cash flow protection	162
5. Gains or losses on effective hedge of a net investment abroad	163
6. Share of other comprehensive income / loss of associated companies	164
7. Actuarial gains / losses on defined benefit plans	165
III. TAX ON OTHER COMPREHENSIVE INCOME FOR THE CURRENT PERIOD	166
IV. OTHER COMPREHENSIVE NET PROFIT OR LOSS	167	0	0	0	0
V. OTHER COMPREHENSIVE PROFIT OR LOSS FOR THE PERIOD (157+167)	168	0	0	0	0
ADDENDUM TO Report for other comprehensive income (filled in by the entrepreneur compiling the consolidated annual financial statement)
VI. OTHER COMPREHENSIVE PROFIT OR LOSS FOR THE PERIOD
1. Attributable to equity holders 169
2. Attributable to minority interests 170

8. Cash flow (indirect method)

CASH FLOW REPORT – Indirect method
in period from 01.01.2011. till 30.09.2011.
Taxpayer: AD PLASTIK d.d.
ITEM	AOP ind.	Preceding year	Current year
1	2	3	4
CASH FLOW FROM OPERATING ACTIVITIES
1. Profit before taxation	001	18.248.282	49.772.083

2. Depreciation	002	31.541.051	29.558.874
3. Increase of current liabilities	003
4. Decrease of current receivables	004	44.666.716	14.639.939
5. Decrease in stocks	005	3.466.793	5.621.697
6. Other increase of cash flow	006	43.334	9.851.736
I. Total increase of cash flow from operating activities (001 - 006)	007	97.966.176	109.444.329
1. Decrease of current liabilities	008	455.453	23.863.406
2. Increase of current receivables	009
3. Increase in stocks	010
4. Other decrease of cash flow	011
II. Total decrease of cash flow from operating activities (008 – 011)	012	455.453	23.863.406
A1) NET INCREASE OF CASH FLOW FROM OPERATING ACTIVITIES (012-007)	013	97.510.723	85.580.923
A2) NET DECREASE OF CASH FLOW FROM OPERATING ACTIVITIES (012-007)	014	0	0
CASH FLOWS FROM INVESTMENT ACTIVITIES
1. Cash inflows from sale of fixed intangible and tangible assets	015
2. Cash inflows from sale of ownership and debt instruments	016
3. Cash inflows from interest	017
4. Cash inflows from dividends	018	5.741.416	7.895.757
5. Other cash inflows from investment activities	019
III. Total cash inflows from investment activities (015-019)	020	5.741.416	7.895.757
1. Cash expenditures for purchase of fixed tangible and intangible assets	021	56.544.781	11.766.621
2. Cash expenditures for acquisition of ownership and debt instruments	022
3. Other cash expenditures from investment activities	023
IV. Total cash expenditures from investment activities (021-023)	024	56.544.781	11.766.621
B1) NET INCREASE OF CASH FLOW FROM INVESTMENT ACTIVITIES (020-024)	025
B2) NET DECREASE OF CASH FLOW FROM INVESTMENT ACTIVITIES (024-020)	026	0	0
CASH FLOW FROM FINANCIAL ACTIVITIES		50.803.365	3.870.864
1. Cash inflows from issuing ownership and debt financial instruments	027
2. Cash inflows from credit principal, debentures, loans and other borrowings	028
3. Other inflows from financial activities	029		31.530.900
V. Total cash inflows from financial activities (027-029)	030	0	31.530.900
1. Cash expenditures for the payment of credit principal and debentures	031	89.821	1.152.079
2. Cash expenditures for the payment of dividends	032	5.784.750	29.822.493
3. Cash expenditures for financial lease	033	35.644.342	57.463.289
4. Cash expenditures for repurchase of own shares	034
5. Other cash expenditures from financial activities	035	6.449.932	22.914.676
VI. Total cash expenditures from financial activities (031-035)	036	47.968.845	111.352.537
C1) NET INCREASE OF CASH FLOW FROM FINANCIAL ACTIVITIES (030-036)	037	0	0
C2) NET DECREASE OF CASH FLOW FROM FINANCIAL ACTIVITIES (036-030)	038	47.968.845	79.821.637
Total cash flow increase (013-014+025-026+037-038)	039	0	1.888.422
Total cash flow decrease (014-013+026-025+038-037)	040	1.261.487	0
Cash and cash equivalents at the beginning of the period	041	5.472.575	3.228.873
Cash and cash equivalents increase	042		1.888.422
Cash and cash equivalents decrease	043	1.261.487
Cash and cash equivalents at the end of the period	044	4.211.088	5.117.295

9. Report on changes to capital

REPORT ON CHANGES TO CAPITAL
for period 30.9.2011 1.1.2011 till
ITEM	AOP	Preceding year
	ind.		Current year
1	2	3	4
1. Subscribed capital	001	419.958.400	419.958.400
2. Capital reserves	002	181.239.161	183.075.797
3. Reserves from profit	003	16.171.699	15.502.305
4. Retained profit or loss carried over	004
5. Current year profit or loss	005	20.742.561	46.435.723
6. Revalorisation of fixed material assets	006
7. Revalorisation of intangible assets	007
8. Revalorisation of financial assets available for sale	008
9. Other revalorisation	009	10.185.353	10.185.353
10. Total capital and reserves (AOP 001-009)	010	648.297.174	675.157.578
11.Exchange rate variations from net investments into foreign business operations	011
12.Current and deferred taxes (part)	012
13.Cash flow protection	013
14.Changes in bookkeeping policies	014
15.Correction of significant mistakes from the previous period	015
16.Other changes to capital	016
17. Total capital increase or decrease (AOP 011 - 016)	017	0	0
17a. Ascribed to holders of the holders company capital	018
17b. Ascribed to minority interest	019
Items reducing Capital are entered w ith negative sign. Data under EOP codes 001 to 009 are entered as balance as at Balance Sheet date.

10. Notes to the financial statements for the Parent Company

Notes with financial reports

Balance sheet:
		1. AOP 024 Higher given loans to companies where there exist participating interest.
2. AOP	026 Due to	the realization	of	ESOP Program,	a	company	ADP-ESOP	Ltd. was	founded in
previous	period s o	that ADP	employees	could buy	ADP	stocks. As a	result of	this, loans	are grater
		due to the financial help given i.e. long term loan.
	Profit and loss account:
		3. AOP 152 Higher income, if comparing last year, is 28,2 Mkn, due to:
		- dividends form ZAO PHR, Russia in amount of 10,8 Mkn
		- dividends form EURO APS, Romania in amount of 15,9 Mkn
		- higher profitability, in amount of 1,5 Mkn
		4. AOP 125 Position other expenses includes:
-tool costs	higher	for 19	Mkn comparing	same	period	last year.	All costs	are	covered with
	accompanied tool income.

AI Terminal

AD Plastik d.d.

2080_10-q_2011-10-27_251aacc5-ac60-4c96-bfde-dce4c8209306.pdf