Ilirija d.d. — Interim / Quarterly Report 2017

Jul 28, 2017

Annex 1.
Reporting period			01.01.2017.	30.06.2017.
			Quarterly financial report TFI-POD
Tax number (MB):		03311953
Company registration number (MBS):		060032302
Personal identification number (OIB):		05951496767
Issuing company: ILIRIJA d.d.
Postal code and place		23210	BIOGRAD NA MORU
Street and house number: TINA UJEVIĆA 7
E-mail address: ilirija@zd.t-com.hr
Internet address www.ilirijabiograd.com
unicipality/city code and name	22	BIOGRAD NA MORU
County code and name	13	ZADARSKA		Number of employees:	404
				(period end)
Consolidated report:	NE			NKD code:	55100
Companies of the consolidation subject (according to IFRS):			Seat:	MB:
Bookkeeping service:
Contact person:	STRPIĆ ZORKA
		(only surname and name)
	Telephone: 023/383178		Telefaks:	023/384564
E-mail address: zorkas@ilirijabiograd.com
Family name and name: RAŽNJEVIĆ GORAN
			(person authorized to represent the company)
Documents disclosed: 1. Financial statements (Balance Sheet, Income Statement, Cash Flow Statement, Statement of Changes in Equity and notes to financial statements); 2. Management Interim Report; 3. Declaration of the persons responsible for preparing the issuer's statements;
			L.S.	(signature of the person authorized to represent the company)

Balance Sheet

as of 30/06/2017

Company: ILIRIJA d.d. BIOGRAD NA MORU
Position	AOP	Previous	Current
		period	period
1	2	3	4
A) RECEIVABELS FOR SUBSCRIBED NOT PAID CAPITAL	001
B) NON-CURRENT ASSETS (003+010+020+029+033)	002	314.174.173	409.904.850
I. INTANGIBLE ASSETS (004 to 009)	003	521.187	296.247
1. Expenditure for development	004
2. Concessions, patents, licenses, trademarks, service marks, software and other rights	005
3. Goodwill	006
4. Advances for purchase of intangible assets	007
5. Intangible assets in progress	008
6. Other intangible assets	009	521.187	296.247
II. PROPERTY, PLANT AND EQUIPMENT (011 to 019)	010	313.612.986	409.568.603
1. Land	011	42.340.227	42.341.027
2. Buildings	012	222.033.656	231.030.113
3. Plant and equipement
	013	39.122.311	41.845.865
4. Tools, working inventory and transportation assets	014
5. Biological assets	015
6. Advances for purchase of tangible assets	016	449.570	1.052.004
7. Tangible assets in progress	017	9.667.222	13.918.761
8. Other tangible assets	018
9. Investment in real-estate	019		79.380.833
III. NON-CURRENT FINANCIAL ASSETS (021 to 028)	020	40.000	40.000
1. Share in related parties	021	40.000	40.000
2. Loans to related parties	022
3. Participating interests (shares)	023
4. Loans to companies with participating interest	024
5. Investments in securities	025
6. Loans, deposits, etc.	026
7. Other non-current financial assets	027
8. Equity-accounted investments
	028
IV. RECEIVABLES (030 to 032)	029	0	0
1. Receivables from related parties	030
2. Receivables arising from sales on credit	031
3. Other receivables	032
V. DEFERRED TAX ASSET	033
C) CURRENT ASSETS (035+043+050+058)	034	20.247.910	22.996.967
I. INVENTORIES (036 to 042)	035	2.245.231	2.722.549
1. Raw materials and supplies	036	2.245.231	2.722.549
2. Production in progress	037
3. Finished products	038
4. Merchandise	039
5. Advances for inventories	040
6. Long term assets held for sale	041
7. Biological assets	042
II. RECEIVABLES (044 to 049)	043	15.432.200	17.639.901
1. Receivables from related parties	044
2. Receivables from end-customers	045	14.499.557	15.421.009
3. Receivables from participating parties	046
4. Receivables from employees and members of the company	047	416.881	616.248
5. Receivables from government and other institutions	048	515.762	1.602.644
6. Other receivables	049
III. CURRENT FINANCIAL ASSETS (051 to 057)	050	2.399.511	2.389.547
1. Share in related parties	051
2. Loans to related parties	052
3. Participating interests (shares)	053
4. Loans to companies with participating interest
5. Investments in securities	054
6. Loans, deposits, etc.	055
	056	2.399.511	2.389.547
7. Other financial assets	057
IV. CASH AND CASH EQUIVALENTS	058	170.968	244.970
D) PREPAYMENTS AND ACCRUED INCOME	059	122.449	2.506.337
E) TOTAL ASSETS (001+002+034+059)	060	334.544.532	435.408.154
F) OFF BALANCE SHEET ITEMS	061

EQUITY AND LIABILITIES
A) ISSUED CAPITAL AND RESERVES (063+064+065+071+072+075+078)	062	225.089.988	284.842.454
I. SUBSCRIBED SHARE CAPITAL	063	150.857.300	205.146.480
II. CAPITAL RESERVES	064	8.921.539	26.723.874
III.RESERVES FROM PROFIT (066+067-068+069+070)	065	23.561.457	23.435.964
1. Legal reserves	066	9.477.986	9.477.986
2. Reserve for own shares	067	6.975.716	6.975.716
3. Treasury shares and shares (deductible items)	068	414.924	540.417
4. Statutory reserves	069
5. Other reserves	070	7.522.679	7.522.679
IV. REVALUATION RESERVES	071
V. RETAINED EARNINGS OR LOSS CARRIED FORWARD (073-074)	072	28.098.723	14.361.050
1. Retained earnings	073	28.098.723	14.361.050
2. Loss carried forward	074
VI. NET PROFIT OR LOSS FOR THE PERIOD (076-077)	075	13.650.969	15.175.086
1. Net profit for the period		13.650.969	15.175.086
2. Net loss for the period	076
VII. MINORITY INTEREST	077
	078
B) PROVISIONS (080 to 082)	079	0	0
1. Provisions for pensions, severance pay and similar liabilities	080
2. Provisions for tax liabilities	081
3. Other provisions	082
C) NON-CURRENT LIABILITIES (084 to 092)	083	68.200.158	112.141.652
1. Liabilites to related parties	084
2. Liabilities for loans, deposits, etc.	085
3. Liabilities to banks and other financial institutions	086	68.200.158	112.141.652
4. Liabilities for advances	087
5. Trade payables	088
6. Commitments on securities	089
7. Liabilities to companies with participating interest	090
8. Other non-current liabilities	091
9. Deferred tax liabilities	092
D) CURRENT LIABILITIES (094 to 105)	093	33.601.395	28.505.552
1. Liabilites to related parties	094
2. Liabilities for loans, deposits, etc.	095
3. Liabilities to banks and other financial institutions	096	6.116.777	7.413.421
4. Liabilities for advances	097
5. Trade payables	098	14.756.586	9.994.764
6. Commitments on securities	099
7. Liabilities to companies with participating interest	100
8. Liabilities to emloyees	101	1.910.701	2.183.311
9. Taxes, contributions and similar liabilities	102	5.871.560	4.337.522
10. Liabilities arising from share in the result	103
11. Liabilities arising from non-current assets held for sale	104
12. Other current liabilities	105	4.945.771	4.576.534
E) ACCRUED EXPENSES AND DEFERRED INCOME	106	7.652.991	9.918.496
F) TOTAL EQUITY AND LIABILITIES (062+079+083+093+106)	107	334.544.532	435.408.154
G) OFF BALANCE SHEET ITEMS	108
ADDITION TO BALANCE SHEET (only for consolidated financial statements)
ISSUED CAPITAL AND RESERVES
1. Attributable to majority owners	109
2. Attributable to minority interest	110

Income statement period 01/01/2017 to 30/06/2017

Company: ILIRIJA d.d. BIOGRAD NA MORU
---------------------------------------	--	--	--

Position	AOP	Previous period		Current period
		Cummulative	Quarter	Cummulative	Quarter
1	2	3	4	5	6
I. OPERATING INCOME (112 to 113)	111	52.119.554	33.848.121	60.835.505	40.193.138
1. Sales revenues	112	49.883.391	32.365.866	60.705.364	40.188.178
2. Other operating revenues	113	2.236.163	1.482.255	130.141	4.960
II. OPERATING COSTS (115+116+120+124+125+126+129+130)	114	36.572.212	21.715.194	43.521.697	26.650.487
1. Change in inventories of work in progress	115
2. Material expenses (117 to 119)	116	12.413.596	7.803.033	15.117.581	9.960.841
a) Costs of raw materials	117	6.369.692	4.696.505	8.782.119	6.709.575
b) Cost of goods sold	118
c) Other material expenses	119	6.043.904	3.106.528	6.335.462	3.251.266
3. Employee benefits expenses (121 to 123)	120	13.273.430	7.910.884	15.435.977	9.304.664
a) Net salaries	121	7.924.533	4.778.455	9.382.942	5.693.155
b) Tax and contributions from salary expenses	122	3.400.919	1.971.446	3.787.678	2.245.977
c) Contributions on salary	123	1.947.978	1.160.983	2.265.357	1.365.532
4. Depreciation and amortisation	124	4.112.991	2.056.495	5.100.667	2.549.455
5. Other expenses	125	6.286.039	3.628.554	7.867.472	4.835.527
6. Write down of assets (127+128)	126	0	0	0	0
a) non-current assets (except financial assets)	127
b) current assets (except financial assets)	128
7. Provisions	129
8. Other operating costs	130	486.156	316.228
III. FINANCIAL INCOME (132 to 136)	131	59.308	28.307	46.581	14.035
1. Interest, foreign exchange differences, dividens and similar income from related parties	132
2. Interest, foreign exchange differences, dividens and similar income from third parties	133	59.308	28.307	46.581	14.035
3. Income from investments in associates and joint ventures	134
4. Unrealised gains (income) from financial assets	135
5. Other financial income	136
IV. FINANCIAL EXPENSES (138 to 141)	137	1.955.681	1.107.195	2.185.303	1.064.271
1. Interest, foreign exchange differences, dividends and similar income from related parties	138
2. Interest, foreign exchange differences, dividends and similar income from third parties	139	1.955.681	1.107.195	2.185.303	1.064.271
3. Unrealised losses (expenses) from financial assets	140
4. Other financial expenses	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 EXPENSES	145
IX. TOTAL INCOME (111+131+142+144)	146	52.178.862	33.876.428	60.882.086	40.207.173
X. TOTAL EXPENSES (114+137+143+145)	147	38.527.893	22.822.389	45.707.000	27.714.758
XI. PROFIT OR LOSS BEFORE TAXES (146-147)	148	13.650.969	11.054.039	15.175.086	12.492.415
1. Profit before taxes (146-147)	149	13.650.969	11.054.039	15.175.086	12.492.415
2. Loss before taxes (147-146)	150	0	0	0	0
XII. TAXATION	151
XIII. PROFIT OR LOSS FOR THE PERIOD (148-151)	152	13.650.969	11.054.039	15.175.086	12.492.415
1. Profit for the period (149-151)	153	13.650.969	11.054.039	15.175.086	12.492.415
2. Loss for the period (151-148)	154	0	0	0	0

ADDITION TO PROFIT AND LOSS ACCOUNT (only for consolidated financial statements)
XIV. PROFIT OR LOSS FOR THE PERIOD
1. Attributable to majority owners	155
2. Attributable to minority interest	156
STATEMENT OF OTHER COMPREHENSIVE INCOME (only for IFRS adopters)
I. PROFIT OR LOSS FOR THE PERIOD (=152)	157
II. OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAXES (159 to 165)	158	0	0	0	0
1. Exchange differences from international settlement	159
2. Changes in revaluation reserves of long-term tangible and intangible assets	160
3. Profit or loss from re-evaluation of financial assets held for sale	161
4. Profit or loss from cash flow hedging	162
5. Profit or loss from hedging of foreign investments	163
6. Share of other comprehensive income/loss from associatied companies	164
7. Actuarial gains/losses from defined benefit plans	165
III. TAXATION OF OTHER COMPREHENSIVE INCOME FOR THE PERIOD	166
IV. NET OTHER COMPREHENSIVE INCOME FOR THE PERIOD (158 - 166)	167	0	0	0	0
V. COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (157+167)	168	0	0	0	0
ADDITION TO STATEMENT OF OTHER COMPREHENSIVE INCOME (only for consolidated financial statements)
VI. COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD
1. Attributable to majority owners	169
2. Attributable to minority interest	170

Cash flow statement - indirect method period 01/01/2017 to 30/06/2017

Company: ILIRIJA d.d. BIOGRAD NA MORU
Position	AOP	Previous period	Current period
1	2	3	4
CASH FLOWS FROM OPERATING ACTIVITIES
1. Profit before tax	001	13.650.696	15.175.086
2. Depreciation and amortisation	002	377.880	987.676
3. Increase of current liabilities	003
4. Decrease of current receivables	004
5. Decrease of inventories	005	540.843
6. Other cash flow increases	006		3.597.150
I. Total increase of cash flow from operating activities	007	14.569.419	19.759.912
1. Decrease of current liabilities	008	9.707.051	5.095.843
2. Increase of current receivables	009	2.408.167	2.207.701
3. Increase of inventories	010		477.318
4. Other cash flow decreases	011
II. Total decrease of cash flow from operating activities	012	12.115.218	7.780.862
A1) NET INCREASE OF CASH FLOW FROM OPERATING ACTIVITIES	013	2.454.474	11.979.050
A2) NET DECREASE OF CASH FLOW FROM OPERATING ACTIVITIES	014	0	0
CASH FLOW FROM INVESTING ACTIVITIES
1. Proceeds from sale of non-current assets	015
2. Proceeds from sale of non-current financial assets	016
3. Interest received	017
4. Dividend received	018
5. Other proceeds from investing activities	019
III. Total cash inflows from investing activities		0	0
1. Purchase of non-current assets	020
2. Purchase of non-current financial assets	021
3. Other cash outflows from investing activities	022
	023	9.239.243	14.983.546
IV. Total cash outflows from investing activities	024	9.239.243	14.983.546
B1) NET INCREASE OF CASH FLOW FROM INVESTING ACTIVITIES	025	0	0
B2) NET DECREASE OF CASH FLOW FROM INVESTING ACTIVITIES	026	9.239.243	14.983.546
CASH FLOW FROM FINANCING ACTIVITIES
1. Proceeds from issue of equity securities and debt securities	027
2. Proceeds from loans and borrowings	028
3. Other proceeds from financing activities	029	10.883.188	8.278.442
V. Total cash inflows from financing activities	030	10.883.188	8.278.442
1. Repayment of loans and bonds	031
2. Dividends paid	032
3. Repayment of finance lease	033
4. Purchase of treasury shares	034
5. Other cash outflows from financing activities	035	4.265.327	5.199.944
VI. Total cash outflows from financing activities	036	4.265.327	5.199.944
C1) NET INCREASE OF CASH FLOW FROM FINANCING ACTIVITIES	037	6.617.861	3.078.498
C2) NET DECREASE OF CASH FLOW FROM FINANCING ACTIVITIES	038	0	0
Total increases of cash flows (013-014+025-026+037-038)	039	0	74.002
Total decreases of cash flows (014-013+026-025+038-037)	040	166.908	0
Cash and cash equivalents at the beginning of period	041	337.876	170.968
Increase of cash and cash equivalents	042
Decrease of cash and cash equivalents	043
Cash and cash equivalents at the end of period	044	170.968	244.970

STATEMENT OF CHANGES IN EQUITY
period 30.6.2017 1.1.2017 to
Position	AOP	Previous year	Current year
1	2	3	4
1. Subscribed share capital	001	150.857.300	205.146.480
2. Capital reserves	002	8.921.539	26.723.874
3. Reserves from profit	003	23.561.457	23.435.964
4. Retained earnings or loss carried forward	004	28.098.723	14.361.050
5. Net profit or loss for the period	005	13.650.969	15.175.086
6. Revaluation of tangible assets	006
7. Revaluation of intangible assets	007
8. Revaluation of available for sale assets	008
9. Other revaluation	009
10. Total equity and reserves (AOP 001 to 009)	010	225.089.988	284.842.454
11. Foreign exchenge differences from foreign investments	011
12. Current and deferred taxes	012
13. Cash flow hedge	013
14. Change of accounting policies	014
15. Correction of significant mistakes pf prior period	015
16. Other changes	016
17.Total increase or decrease of equity (AOP 011 to 016)	017	13.650.969	15.175.086
17 a. Attributable to majority owners	018
17 b. Attributable to minority interest	019