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Jadran d.d. — Management Reports 2020
Oct 30, 2020
2094_10-q_2020-10-30_8dd56359-c0fc-40ba-9e2b-e56c0b7b1cce.pdf
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MANAGEMENT COMPANY AND GROUP REPORT January-September 2020 (Unaudited)
1. GENERAL INFORMATION
Corporate name
Jadran, dioničko društvo za hotelijerstvo i turizam, Reg. No. (MBS): 040000817, Personal Identification Number (PIN): 56994999963. The short corporate name is JADRAN d.d.
Registered office and legal form
JADRAN d.d. is a joint-stock company. It has its registered office at Bana Jelačića 16, Crikvenica, Republic of Croatia.
Securities
As of 30 September 2020, the Company's share capital was HRK 482,507,730.00, divided into 27,971,463 common shares with no nominal value. The shares were issued in dematerialized form, ticker symbol: JDRN-R-B, ISIN code: HRJDRNB0002, and are held at the repository of the Central Depositary and Clearing Company.
Management Board Members:
• Goran Fabris, Chairman of the Management Board
Supervisory Board:
- Tomislav Kitonić, Chairman of the Supervisory Board
- Karlo Došen, Deputy Chairman of the Supervisory Board
- Ivan Blažević, Supervisory Board Member
- Dragan Magaš, Supervisory Board Member
- Mirko Herceg, Supervisory Board Member
Jadran Group comprises Jadran d.d. and its subsidiaries:
- Club Adriatic d.o.o, in which Jadran holds 4 shares having a total value of HRK 117,104,500.00 and representing 100% of shares and voting rights – one share having a nominal value of HRK 9,900.00, one share having a nominal value of HRK 53,572,100.00, one share having a nominal value of HRK 6,418,000.00, and one share having a nominal value of HRK 57,104,500.00; and
- Stolist d.o.o., in which Jadran holds 100% of shares.
List of Company shareholders holding 5 percent or more of the Company's share capital (balance as at 30 September 2020):
- ADDIKO BANK D.D./PBZ CO OMF CLASS B holds 16,180,668 shares accounting for 57.85% of the Company's share capital; and
- OTP BANK D.D./ERSTE PLAVI OMF, CLASS B, holds 8,547,346 shares accounting for 30.56% of the Company's share capital.
2. COMPANY AND GROUP BUSINESS RESULTS
In Q3, the Company and the Group continued to conduct their business under the impact of the global COVID-19 pandemic, adapting to the newly arisen situation by strictly complying with all required epidemiological measures and constantly educating their employees, thus protecting the health of Company's and Group's employees and guests.
After the measures were eased and we were allowed to reopen our properties, on 11 May 2020 Jadran d.d. reopened its Inter Coffee Shop in Crikvenica, on 22 May 2020 Selce Camp in Selce, and on 29 May 2020 Hotel Esplanade and Kačjak Camping Site. The other hotels began to open their doors in June – Baško Polje Camp on 5 June, Hotel Lišanj on 10 June, Hotels Slaven and Omorika on 19 June, and Hotel Alem on 26 June 2020
In Q3, we continued to open most properties owned by the Company and the Group, whereas certain properties remained closed due to certain physical restrictions introduced as part of the epidemiological measures, so the Company found it safer to operate with reduced capacity.
In the past quarter, Jadran d.d. recorded a total of 189.426 overnights, which is 27% less than the same period last year, and earned in this period operating revenue of HRK 55,813,629, which is 22% less than the same period last year. A total of 212,085 overnights were recorded between January and September of 2020, which is 58% of the overnights recorded in the same period in 2019, with operating revenue of HRK 67,018,431, which is 34% less than the operating revenue earned in the same period in 2019.
To better understand the business results, it should be underlined that Jadran d.d. entered the year 2020 with new properties (Hotel Lišanj with a total of 169 accommodations and Garden Palace Resort Umag with a total of 109 accommodations), which represents physical growth by 15%.
A comparison of the results achieved with last year's properties, irrespective of whether or not they were open or closed during the 2020 season, shows that the actual decrease in operating revenue in Q3 is 37% because the revenue earned was HRK 45,043,105 and total revenue earned from the beginning of the year is 46% less, with total revenue amounting to HRK 54,270,584.
It should also be underlined that the Company applied for and received employment and job preservation aid for March, April, May and June of HRK 4,503,759.67, so their deduction from the total operating revenue and a comparison of the actual decrease in revenue based on capacities used shows that the actual decrease in revenue in the January-September period is 62%.
Globally, a total of 168,106 overnights were recorded in brick & mortar properties between January and September, which is 59% of the overnights recorded in the same period in 2019, whereas the campsites recorded 43,979 overnights, which is 52% of the overnights recorded in the same period in 2019. Most of the guests arrived from within Croatia (26%), followed by German guests accounting for 20% of all overnights, guests from Slovenia accounting for 17% of all overnights, guests from Poland, Hungary and Czech Republic with 6% each, and those from Austria, accounting for 5% of all Company's overnights.
Temeljni kapital Društva iznosi 482.507.730,00 kn uplaćen u cijelosti, podijeljen i sadržan u 27.971.463 redovnih nematerijaliziranih dionica koje glase na ime, bez nominalnog iznosa i svaka s pravom na jedan glas. Društvo je upisano u Sudski registar Trgovačkog suda u Rijeci pri Trgovačkom sudu u Rijeci pod MBS: 040000817. Predsjednik Uprave: Goran Fabris, predsjednik Nadzornog odbora: Tomislav Kitonić. Poslovne banke i računi: PRIVREDNA BANKA ZAGREB d.d., IBAN: HR4323400091110722690, SWIFT: PBZGHR2X te ERSTE & STEIERMÄRKISCHE BANK d.d., IBAN: HR3924020061100620496, SWIFT: ESBCHR22.
As the epidemiological situation in both Croatia and its neighboring countries became aggravated in late August and Croatia was placed on the Red List, collective departures and booking cancelations were recorded, so a vast majority of our properties were closed by the end of August. Only the Esplanade, Katarina and Lišanj hotels, Camp Selce and Kačjak Campsite remained open in September.
In the January-September 2020 2020 period, Group's total expenses were HRK 90,987,605, 14% more than incurred in the same period in 2019. The most notable increase in total expenses relates to an increase in depreciation, which amounted to HRK 27,278,730 in January-September 2020 period and was 195% higher than the depreciation recorded in the same period in 2019. The main reason for this increase in depreciation in the period concerned are the depreciation costs of the leased properties in accordance with IFRS 16, but also a new method of accounting for depreciation for properties owned by the Company.
In the January-September 2020 period, operating expenses amounted to HRK 82,546,952, which is 7% more than such expenses incurred in the same period in 2019. In 2020, material costs totaled HRK 28,163,153, which is 20% more than in 2019. In the first nine months of 2020, personnel costs totaled HRK 21,503,728, which is 12% less than those incurred in the same period in 2019.
Other costs incurred in 2020 totaled HRK 5,395,430, 31% less than the costs incurred in the same period in 2019. Financial expenses totaled HRK 8,440,653, which is 226% more than such expenses incurred in the same period in 2019, whereas other operating expenses amounted to HRK 205,911, remaining at the same level as those incurred in the same period in 2019.
It should be reiterated that the leases relating to our new commercial properties were activated in 2020, which according to IFRS 16 resulted in an increase in the value of intangible assets and, consequently, an increase in lease liabilities by HRK 114 million. Pursuant to these executed leases and their amendments reflecting the newly arisen situation caused by the COVID-19 pandemic, these leases additionally helped stabilize the Company's cash flows in this year.
Between January and September 2020, the Company incurred loss before taxes of HRK 23,545,645, compared to the loss before taxes of HRK 22,006,083 recorded in the same period in 2019. EBITDA obtained in the first nine months was HRK 11,750,209, which is 65% less than that obtained in the same period in 2019.
Between January and September 2020, the Group earned total revenue of HRK 76,468,339, which is 34% less than the revenue earned in the same period in 2019. Operating revenue amounted to HRK 76,361,602, 34% less than that earned in the same period in 2019. Financial income obtained in 2020 totaled HRK 106,737, which is 60% more than in 2019.
The Group applied for and received employment and job preservation aid intended for sectors affected by COVID-19. The aid was granted for the March-August 2020 period, totaling HRK 5,537,266. Considering that job preservation aid accounts for some of the revenue earned by the Group, the actual decrease in revenue in 2020 compared to the same period in 2019 is 47%.
Temeljni kapital Društva iznosi 482.507.730,00 kn uplaćen u cijelosti, podijeljen i sadržan u 27.971.463 redovnih nematerijaliziranih dionica koje glase na ime, bez nominalnog iznosa i svaka s pravom na jedan glas. Društvo je upisano u Sudski registar Trgovačkog suda u Rijeci pri Trgovačkom sudu u Rijeci pod MBS: 040000817. Predsjednik Uprave: Goran Fabris, predsjednik Nadzornog odbora: Tomislav Kitonić. Poslovne banke i računi: PRIVREDNA BANKA ZAGREB d.d., IBAN: HR4323400091110722690, SWIFT: PBZGHR2X te ERSTE & STEIERMÄRKISCHE BANK d.d., IBAN: HR3924020061100620496, SWIFT: ESBCHR22.
In the first nine months of 2020, Group's total expenses were HRK 104,535,410, 14% more than incurred in the same period in 2019. The most notable increase in total expenses relates to an increase in depreciation, which amounted to HRK 30,473,916 in this period of 2020 compared to HRK 10,843,789 (HRK 19,630,127 less) in the same period in 2019.
Operating expenses amounted to HRK 95,209,280, 7% less than incurred in the same period in 2019. Financial expenses totaled HRK 9,326,130, 226% more than incurred in the same period in 2019.
It should be reiterated that the leases relating to our new commercial properties were activated in 2020, which according to IFRS 16 resulted in an increase in the value of intangible assets and, consequently, an increase in lease liabilities by HRK 175 million. Pursuant to these executed leases and their amendments reflecting the newly arisen situation caused by the COVID-19 pandemic, these leases additionally helped stabilize the Company's cash flows in this year.
Loss of HRK 28,067,071 was incurred in the first nine months of 2020 and profits of HRK 26,312,413 were earned during the same period. The Group obtained total EBITDA of HRK 11,626,238 in the January-September 2020 period, which is HRK 28,191,381 less than the figure obtained in the same period in 2019.
3. COMPANY AND GROUP RISK EXPOSURE
Primary risks in Company's and Group's business are as follows:
Competition risk
Competition risk in the tourism market is very high because other similar tourism destinations have invested substantial funds in the growth and development of their capacities, as well as in other marketing activities focused on tourist arrivals. Among other things, competition is based on the prices, quality and substance of tourism offerings in Crikvenica Riviera and other domestic and foreign tourism destinations. To increase its market competitiveness, the Company and the Group launched a new investment cycle in 2018 and continued with it in 2019, which includes not only investments in accommodations to increase the number of units and improve accommodation quality, but also investments in the destination through active involvement in all events and designing new attractions in Crikvenica Rivieraere.
Due to being involved in a pre-bankruptcy settlement proceeding, Club Adriatic d.o.o. has not, for the time being, been able to invest in improving the quality of its accommodations and the 2* and 3* classification for the hotel and the camp, respectively, prevented the Company from competing with its most direct rivals in terms of prices and service quality.
Currency risk
The official currency of the Company and the Group is HRK however certain transactions in foreign currencies are translated into HRK according to the exchange rate applicable on the balance sheet date. The resulting foreign exchange differences are recorded as expenses or through profit and loss, but do not affect operating cash flow.
Interest rate risk
The Company and the Group are exposed to interest rate risk because they enter into loan agreements with, inter alia, variable interest rates with banks, which exposes the Company and the Group to increased risk.
Settlement risk
Settlement risk is present in all bilateral transactions. Considering that the performance of monetary obligations to the issuers is one of the key elements necessary for uninterrupted business, the Company and the Group give high importance to this risk. The Company and the Group have established stringent procedures to minimize collection risks. During the pandemic, certain partners may be additionally exposed to liquidity risk, which may result in increased settlement risk. In addition, settlement risk arising from executed contracts may be significantly increased in case a contract is terminated for force majeure or if free movement of persons and goods is prevented during pandemics.
Inflation risk
Inflation risk is in particular present in contractual relationships where the price of a service or product is indexed and tied to Croatian National Bank's strong HRK policy. As this is an external risk, the ability to eliminate it is minimal. For the purpose of minimizing inflation risk, the Company and the Group insist on
Temeljni kapital Društva iznosi 482.507.730,00 kn uplaćen u cijelosti, podijeljen i sadržan u 27.971.463 redovnih nematerijaliziranih dionica koje glase na ime, bez nominalnog iznosa i svaka s pravom na jedan glas. Društvo je upisano u Sudski registar Trgovačkog suda u Rijeci pri Trgovačkom sudu u Rijeci pod MBS: 040000817. Predsjednik Uprave: Goran Fabris, predsjednik Nadzornog odbora: Tomislav Kitonić. Poslovne banke i računi: PRIVREDNA BANKA ZAGREB d.d., IBAN: HR4323400091110722690, SWIFT: PBZGHR2X te ERSTE & STEIERMÄRKISCHE BANK d.d., IBAN: HR3924020061100620496, SWIFT: ESBCHR22.
negotiating fixed terms of supply with all suppliers where possible. Suppliers of energy are an exception – their prices are subject to stock exchange variations.
Liquidity risk
The Company and the Group manage this risk by maintaining adequate reserves and by obtaining loans from banks and using other sources of funding, by constantly monitoring planned and actual cash flows, and by comparing maturity profiles of financial assets and liabilities. The Company and the Group treat this risk as particularly important as long as there is increased uncertainty with regard to revenue earning abilities as a result of the pandemic's adverse effects on the free movement of guests, impairment of their spending powers, and default on contracts by business partners.
Liquidity risk management includes maintaining sufficient amounts of cash and working capital.
Risk of tax and concession legislation developments
The risk of tax and concession legislation developments is the likelihood that legislative authorities will amend tax legislation in a way that they adversely impact the Company's and Group's profitability. This risk is reflected in potential changes in tax rates and taxable assets, as well as in changes in regulations concerning concessions and concessional authorizations. The right to use a maritime domain is one of the significant conditions precedent to further operation of the Company and the Group, so the Company and the Group have actively endeavored to establish new bases for cooperation with the local community in this segment. The Company and the Group hope that, during the pandemic, the legislators, the executive authorities and the local community will offer various financial and operating benefits to entities exposed to significant adverse impacts of the pandemic, in addition to the measures necessary to protect people's health.
Tourism industry risk
Tourism trends are largely affected by the broader political situation, growth of terrorism, the global financial crisis and the pandemic. As an industry, tourism is highly sensitive to the state of security at the destination and its surroundings. After the risk in some rival destinations was reduced (e.g. Turkey, Greece), the competitive position of both Croatian tourism and the Company has become additionally weakened. By launching the aforementioned investment cycle, the Company and the Group will endeavor to minimize the impact of adverse market trends and the resulting risks.
The global financial crisis may significantly reduce the spending power of individuals inclined to traveling, whereas a pandemic may also significantly reduce or completely eliminate the effects of tourist arrivals at the Company's and Group's destination as a result of the inability to travel outside one's own country or fear for own health and future.
Environmental risk
Environmental risk may significantly affect the Company's and Group's performance, notably through the quality of the sea and coast where guests stay. Climate change may directly affect the length of stay in Company's and Group's accommodation facilities. This risk also includes other natural disasters.
4. EMPLOYEES
Jadran d.d. za hotelijerstvo i turizam Bana Jelačića 16, HR-51260 Crikvenica T. +385 51 241 222 E: [email protected] www.jadran-crikvenica.hr OIB: 56994999963
As of 30 September 2020, the Jadran d.d. employed a total of 317 persons. As of 30 September 2020, Club Adriatic d.o.o. employed a total of 67 persons. As of 30 September 2020, Stolist d.o.o. employed two persons. As of 30 September 2020, the Group employed 386 persons.
5. RESEARCH AND DEVELOPMENT ACTIVITIES
The Company and the Group constantly monitor developments in its environment and invests in market research, identification of business opportunities, and new acquisitions. The Company and the Group direct and support its affiliate's activities.
6. COMPANY AND GROUP OWN SHARE REDEMPTION
As of 30 September 2020, the share capital of Jadran d.d. was HRK 482,507,730.00, divided into 27,971,463 common dematerialized shares with no nominal value, and the Company held 631 own shares, which accounted for 0.0023% of the Company's share capital.
As of 30 September 2020, the share capital of company Club Adriatic d.o.o. was HRK 117,104,500.
As of 30 September 2020, the share capital of company Stolist d.o.o. was HRK 20,000.
7. SIGNIFICANT EVENTS AFTER THE REPORTING PERIOD
There were no events relevant to the Company or the Group after the reporting period.
8. STATEMENT OF COMPLIANCE WITH THE CODE OF CORPORATE GOVERNANCE
Pursuant to Article 250.b(4) and (5) and Article 272.p of the Companies Act (Official Gazette No. 111/93, 34/99, 121/99, 52/00 – Decision of the Constitutional Court of the Republic of Croatia, 118/03, 107/07, 146/08, 137/09,152/11 – Consolidated Text, 111/12, 68/13, 110/15, and 40/19), JADRAN d.d. (hereinafter referred to as Jadran d.d. or the Company) hereby issues this Statement of Compliance with the Code of Corporate Governance.
In the January-September 2020 period, the Company and the Group applied the Code of Corporate Governance of Zagreb Stock Exchange, Inc. as published on the Stock Exchange website (www.zse.hr) and on the website of the Croatian Financial Services Supervisory Agency (www.hanfa.hr). The Company's and the Group's application of the Zagreb Stock Exchange's Code is reflected in an annual questionnaire which is publicly disclosed in accordance with the applicable regulations. The answers in the Questionnaire clearly show which provisions of the Code are complied with by the Company and the Group and which are not and the Questionnaire is publicly available on Zagreb Stock Exchange's website (www.zse.hr)..
The Company's shares have been quoted on the official market of the Zagreb Stock Exchange since January of 2018 and the shareholding report is part of the Quarterly Report. As of the date its shares were first quoted on the stock exchange, the Company has not recorded profits and no dividend has thus been distributed.
The Company's share capital is HRK 482,507,730.00, divided into 27,971,463 registered common dematerialized shares without nominal value, each entitling its holder to one vote. There are no holders of securities in the Company that entail special control rights or voting limitations to a specific percentage or number of votes. As of 30 September 2020, the Company held 631 own shares.
Information about significant shareholders is available on a daily basis on the official website of the Central Depositary and Clearing Company (www.skdd.hr).
The Company and the Group applied the principle of equal treatment to all shareholders. The shareholders exercised their primary control rights by deciding on matters within their scope of responsibility via the General Meeting of Jadran d.d. The General Meeting is responsible for deciding on the following matters: election and removal of Supervisory Board Members, allocation of profits, granting discharge to Management Board Members, appointment of auditors, amendments to the Articles of Association, increasing and decreasing of share capital, and any other matters placed under its responsibility under the law. The shareholders exercise their rights via the General Meeting.
In 2020, the Company's Ordinary General Meeting was held within the time defined in the Companies Act and the Company's Articles of Association. The notice of the General Meeting, proposals for Resolutions, the relevant materials and the Resolutions passed were published in accordance with the Companies Act, the Capital Market Act, the Zagreb Stock Exchange Rules, and the Company's Articles of Association. Registration for participation in the proceedings of the General Meeting is defined by the Company's Articles of
Temeljni kapital Društva iznosi 482.507.730,00 kn uplaćen u cijelosti, podijeljen i sadržan u 27.971.463 redovnih nematerijaliziranih dionica koje glase na ime, bez nominalnog iznosa i svaka s pravom na jedan glas. Društvo je upisano u Sudski registar Trgovačkog suda u Rijeci pri Trgovačkom sudu u Rijeci pod MBS: 040000817. Predsjednik Uprave: Goran Fabris, predsjednik Nadzornog odbora: Tomislav Kitonić. Poslovne banke i računi: PRIVREDNA BANKA ZAGREB d.d., IBAN: HR4323400091110722690, SWIFT: PBZGHR2X te ERSTE & STEIERMÄRKISCHE BANK d.d., IBAN: HR3924020061100620496, SWIFT: ESBCHR22.
Association, in compliance with the relevant provisions of the Companies Act – shareholders register their participation as and within the time limits indicated in the notice of the General Meeting. The General Meeting passed its resolution to determine the loss incurred in 2019, resolution to grant clearance to the Management Board and Supervisory Board members, resolution to appoint the Company's auditors for 2020, and resolution to amend the Company's Articles of Association. Such amended Articles of Association entered into effect on 29 September 2020 in accordance with Article 303(3) of the Companies Act.
Pursuant to the Capital Market Act, the Zagreb Stock Exchange Rules and other applicable regulations, Jadran d.d. duly discloses the required inside information and any changes thereto as soon as such changes occur.
9. APPENDICIES
| Annex 1 | ISSUER'S GENERAL DATA |
|---|---|
| Reporting period: | 1.1.2020 30.9.2020 to |
| Year: | 2020 |
| Quarter: | 3. |
| Quarterly financial statements | |
| Registration number (MB): | Issuer's home Member 03145662 HR State code: |
| Entity's registration number (MBS): |
040000817 |
| Personal identification number (OIB): |
56994999963 LEI: 74780030Q33IX8LEE969 |
| Institution code: |
1285 |
| Name of the issuer: JADRAN D.D. | |
| Postcode and town: | 51260 CRIKVENICA |
| Street and house number: BANA JELAČIĆA 16 | |
| E-mail address: [email protected] | |
| Web address: www.jadran-crikvenica.hr | |
| Number of employees (end of the reporting |
317 |
| Consolidated report: | KN KD KN (KN-not consolidated/KD-consolidated) |
| Audited: | RN RD RN (RN-not audited/RD-audited) |
| Names of subsidiaries (according to IFRS): | Registered office: MB: |
| Yes | |
| Bookkeeping firm: | No No (Yes/No) |
| (name of the bookkeeping firm) Contact person: IVANČIĆ MAJETIĆ NATALI |
|
| Telephone: 051/800-482 | (only name and surname of the contact person) |
| E-mail address: [email protected] | |
| Audit firm: | |
| Certified auditor: | (name of the audit firm) |
| (name and surname) |
BALANCE SHEET balance as at 30.09.2020.
in HRK
| Submitter: JADRAN D.D., CRIKVENICA | ||||||
|---|---|---|---|---|---|---|
| Item | ADP code |
Last day of the preceding business year |
At the reporting date of the current period |
|||
| 1 | 2 | 3 | 4 | |||
| A) RECEIVABLES FOR SUBSCRIBED CAPITAL UNPAID | 001 | 0 | 0 | |||
| B) FIXED ASSETS (ADP 003+010+020+031+036) | 002 | 709.454.671 | 898.814.453 | |||
| I INTANGIBLE ASSETS (ADP 004 to 009) | 003 | 16.189.841 | 114.368.964 | |||
| 1 Research and development | 004 | 0 | 0 | |||
| 2 Concessions, patents, licences, trademarks, software and other | 005 | 130.748 | 474.640 | |||
| rights | ||||||
| 3 Goodwill | 006 | 0 | 0 | |||
| 4 Advances for the purchase of intangible assets | 007 | 0 | 0 | |||
| 5 Intangible assets in preparation 6 Other intangible assets |
008 009 |
0 16.059.093 |
0 113.894.324 |
|||
| II TANGIBLE ASSETS (ADP 011 to 019) | 010 | 631.788.145 | 665.864.304 | |||
| 1 Land | 011 | 298.373.065 | 298.373.065 | |||
| 2 Buildings | 012 | 227.926.318 | 220.719.645 | |||
| 3 Plant and equipment | 013 | 68.737.620 | 75.743.436 | |||
| 4 Tools, working inventory and transportation assets | 014 | 306.037 | 253.842 | |||
| 5 Biological assets | 015 | 589.689 | 517.586 | |||
| 6 Advances for the purchase of tangible assets | 016 | 0 | 0 | |||
| 7 Tangible assets in preparation | 017 | 35.855.416 | 70.256.730 | |||
| 8 Other tangible assets | 018 | 0 | 0 | |||
| 9 Investment property | 019 | 0 | 0 | |||
| III FIXED FINANCIAL ASSETS (ADP 021 to 030) | 020 | 61.476.685 | 118.581.185 | |||
| 1 Investments in holdings (shares) of undertakings within the group |
021 | 61.476.685 | 118.581.185 | |||
| 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 | 0 | 0 | |||
| 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 | 0 | 0 | |||
| C) CURRENT ASSETS (ADP 038+046+053+063) | 037 | 119.388.012 | 74.578.052 |
Temeljni kapital Društva iznosi 482.507.730,00 kn uplaćen u cijelosti, podijeljen i sadržan u 27.971.463 redovnih nematerijaliziranih dionica koje glase na ime, bez nominalnog iznosa i svaka s pravom na jedan glas. Društvo je upisano u Sudski registar Trgovačkog suda u Rijeci pri Trgovačkom sudu u Rijeci pod MBS: 040000817. Predsjednik Uprave: Goran Fabris, predsjednik Nadzornog odbora: Tomislav Kitonić. Poslovne banke i računi: PRIVREDNA BANKA ZAGREB d.d., IBAN: HR4323400091110722690, SWIFT: PBZGHR2X te ERSTE & STEIERMÄRKISCHE BANK d.d., IBAN: HR3924020061100620496, SWIFT: ESBCHR22.
| I INVENTORIES (ADP 039 to 045) | 038 | 397.008 | 580.357 |
|---|---|---|---|
| 1 Raw materials and consumables | 039 | 374.366 | 563.005 |
| 2 Work in progress | 040 | 0 | 0 |
| 3 Finished goods | 041 | 0 | 0 |
| 4 Merchandise | 042 | 22.642 | 17.352 |
| 5 Advances for inventories | 043 | 0 | 0 |
| 6 Fixed assets held for sale | 044 | 0 | 0 |
| 7 Biological assets | 045 | 0 | 0 |
| II RECEIVABLES (ADP 047 to 052) | 046 | 83.729.804 | 10.576.370 |
| 1 Receivables from undertakings within the group | 047 | 9.664.710 | 1.097.715 |
| 2 Receivables from companies linked by virtue of participating interests |
048 | 0 | 0 |
| 3 Customer receivables | 049 | 5.718.868 | 5.575.523 |
| 4 Receivables from employees and members of the undertaking | 050 | 29.084 | 35.581 |
| 5 Receivables from government and other institutions | 051 | 977.663 | 974.975 |
| 6 Other receivables | 052 | 67.339.479 | 2.892.576 |
| III CURRENT FINANCIAL ASSETS (ADP 054 to 062) | 053 | 14.000.000 | 24.621.868 |
| 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 | 14.000.000 | 24.621.868 |
| 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 | 21.261.200 | 38.799.457 |
| D ) PREPAID EXPENSES AND ACCRUED INCOME | 064 | 1.094.636 | 2.421.590 |
| E) TOTAL ASSETS (ADP 001+002+037+064) | 065 | 829.937.319 | 975.814.095 |
| OFF-BALANCE SHEET ITEMS | 066 | 0 | 0 |
| LIABILITIES | |||
| A) CAPITAL AND RESERVES (ADP 068 to 070+076+077+081+084+087) |
067 | 597.296.159 | 573.750.514 |
| I INITIAL (SUBSCRIBED) CAPITAL | 068 | 482.507.730 | 482.507.730 |
| II CAPITAL RESERVES | 069 | 234.210.922 | 234.210.922 |
| III RESERVES FROM PROFIT (ADP 071+072-073+074+075) | 070 | 0 | 0 |
| 1 Legal reserves | 071 | 0 | 0 |
| 2 Reserves for treasury shares | 072 | 0 | 0 |
| 3 Treasury shares and holdings (deductible item) | 073 | 0 | 0 |
| 4 Statutory reserves | 074 | 0 | 0 |
| 5 Other reserves | 075 | 0 | 0 |
| IV REVALUATION RESERVES | 076 | 0 | 0 |
| V FAIR VALUE RESERVES (ADP 078 to 080) | 077 | 0 | 0 |
| 1 Fair value of financial assets 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 |
| VI RETAINED PROFIT OR LOSS BROUGHT FORWARD (ADP 082- 083) |
081 | -114.648.124 | -119.422.493 |
|---|---|---|---|
| 1 Retained profit | 082 | 0 | 0 |
| 2 Loss brought forward | 083 | 114.648.124 | 119.422.493 |
| VII PROFIT OR LOSS FOR THE BUSINESS YEAR (ADP 085-086) | 084 | -4.774.369 | -23.545.645 |
| 1 Profit for the business year | 085 | 0 | 0 |
| 2 Loss for the business year | 086 | 4.774.369 | 23.545.645 |
| VIII MINORITY (NON-CONTROLLING) INTEREST | 087 | 0 | 0 |
| B) PROVISIONS (ADP 089 to 094) | 088 | 489.419 | 489.419 |
| 1 Provisions for pensions, termination benefits and similar obligations |
089 | 489.419 | 489.419 |
| 2 Provisions for tax liabilities | 090 | 0 | 0 |
| 3 Provisions for ongoing legal cases | 091 | 0 | 0 |
| 4 Provisions for renewal of natural resources | 092 | 0 | 0 |
| 5 Provisions for warranty obligations | 093 | 0 | 0 |
| 6 Other provisions | 094 | 0 | 0 |
| C) LONG-TERM LIABILITIES (ADP 096 to 106) | 095 | 188.228.144 | 357.958.090 |
| 1 Liabilities to undertakings within the group | 096 | 0 | 0 |
| 2 Liabilities for loans, deposits, etc. of undertakings within the group |
097 | 0 | 0 |
| 3 Liabilities to companies linked by virtue of participating interests | 098 | 0 | 0 |
| 4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests |
099 | 0 | 0 |
| 5 Liabilities for loans, deposits etc. | 100 | 0 | 0 |
| 6 Liabilities to banks and other financial institutions | 101 | 171.956.525 | 232.568.077 |
| 7 Liabilities for advance payments | 102 | 0 | 0 |
| 8 Liabilities to suppliers | 103 | 0 | 0 |
| 9 Liabilities for securities | 104 | 0 | 0 |
| 10 Other long-term liabilities | 105 | 16.271.619 | 125.390.013 |
| 11 Deferred tax liability | 106 | 0 | 0 |
| D) SHORT-TERM LIABILITIES (ADP 108 to 121) | 107 | 42.619.267 | 42.723.668 |
| 1 Liabilities to undertakings within the group | 108 | 0 | 958 |
| 2 Liabilities for loans, deposits, etc. of undertakings within the group |
109 | 0 | 0 |
| 3 Liabilities to companies linked by virtue of participating interests | 110 | 0 | 0 |
| 4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests |
111 | 0 | 0 |
| 5 Liabilities for loans, deposits etc. | 112 | 576.462 | 576.462 |
| 6 Liabilities to banks and other financial institutions | 113 | 14.764.498 | 15.107.208 |
| 7 Liabilities for advance payments | 114 | 1.746.946 | 4.476.024 |
| 8 Liabilities to suppliers | 115 | 19.337.444 | 17.115.725 |
| 9 Liabilities for securities | 116 | 0 | 0 |
| 10 Liabilities to employees | 117 | 3.927.786 | 2.098.262 |
| 11 Taxes, contributions and similar liabilities | 118 | 817.439 | 1.246.762 |
| 12 Liabilities arising from the share in the result | 119 | 0 | 0 |
| 13 Liabilities arising from fixed assets held for sale | 120 | 0 | 0 |
| 14 Other short-term liabilities | 121 | 1.448.692 | 2.102.267 |
| E) ACCRUALS AND DEFERRED INCOME | 122 | 1.304.330 | 892.404 |
| F) TOTAL – LIABILITIES (ADP 067+088+095+107+122) | 123 | 829.937.319 | 975.814.095 |
| G) OFF-BALANCE SHEET ITEMS | 124 | 0 | 0 |
STATEMENT OF PROFIT OR LOSS for the period 01.01.2020 to 30.09.2020
in HRK
| Submitter: JADRAN D.D., CRIKVENICA | ||||||||
|---|---|---|---|---|---|---|---|---|
| Item | ADP | year | Same period of the previous | Current period | ||||
| code | Cumulative | Quarter | Cumulative | Quarter | ||||
| 1 | 2 | 3 | 4 | 5 | 6 | |||
| I OPERATING INCOME (ADP 126 to 130) | 125 | 101.303.877 | 71.458.977 | 67.018.431 | 55.813.629 | |||
| 1 Income from sales with undertakings within the group |
126 | 0 | 0 | 0 | 0 | |||
| 2 Income from sales (outside group) | 127 | 92.127.898 | 67.115.243 | 58.463.335 | 51.346.808 | |||
| 3 Income from the use of own products, goods and | ||||||||
| services | 128 | 0 | 0 | 0 | 0 | |||
| 4 Other operating income with undertakings within the group |
129 | 24.418 | 15.840 | 412.457 | 408.612 | |||
| 5 Other operating income (outside the group) | 130 | 9.151.561 | 4.327.894 | 8.142.639 | 4.058.209 | |||
| II OPERATING EXPENSES (ADP 132+133+137+141+142+143+146+153) |
131 | 76.977.556 | 37.378.751 | 82.546.952 | 41.081.906 | |||
| 1 Changes in inventories of work in progress and finished goods |
132 | 0 | 0 | 0 | 0 | |||
| 2 Material costs (ADP 134 to 136) | 133 | 35.085.885 | 18.126.562 | 28.163.153 | 22.059.710 | |||
| a) Costs of raw materials and consumables | 134 | 16.424.104 | 10.005.169 | 11.153.709 | 8.844.316 | |||
| b) Costs of goods sold | 135 | 2.523.162 | 606.869 | 216.118 | 178.347 | |||
| c) Other external costs | 136 | 16.138.619 | 7.514.524 | 16.793.326 | 13.037.047 | |||
| 3 Staff costs (ADP 138 to 140) | 137 | 24.572.671 | 11.554.812 | 21.503.728 | 10.694.764 | |||
| a) Net salaries and wages | 138 | 15.924.553 | 7.659.134 | 13.368.320 | 6.910.789 | |||
| b) Tax and contributions from salary costs | 139 | 5.587.377 | 2.490.937 | 5.320.795 | 2.386.111 | |||
| c) Contributions on salaries | 140 | 3.060.741 | 1.404.741 | 2.814.613 | 1.397.864 | |||
| 4 Depreciation | 141 | 9.255.832 | 3.193.736 | 27.278.730 | 5.360.137 | |||
| 5 Other costs | 142 | 7.856.022 | 4.500.203 | 5.395.430 | 2.939.445 | |||
| 6 Value adjustments (ADP 144+145) | 143 | 0 | 0 | 0 | 0 | |||
| a) fixed assets other than financial assets | 144 | 0 | 0 | 0 | 0 | |||
| b) current assets other than financial assets | 145 | 0 | 0 | 0 | 0 | |||
| 7 Provisions (ADP 147 to 152) | 146 | 0 | 0 | 0 | 0 | |||
| a) Provisions for pensions, termination benefits and similar obligations |
147 | 0 | 0 | 0 | 0 | |||
| b) Provisions for tax liabilities | 148 | 0 | 0 | 0 | 0 | |||
| c) Provisions for ongoing legal cases | 149 | 0 | 0 | 0 | 0 | |||
| d) Provisions for renewal of natural resources | 150 | 0 | 0 | 0 | 0 | |||
| e) Provisions for warranty obligations | 151 | 0 | 0 | 0 | 0 | |||
| f) Other provisions | 152 | 0 | 0 | 0 | 0 | |||
| 8 Other operating expenses | 153 | 207.146 | 3.438 | 205.911 | 27.850 | |||
| III FINANCIAL INCOME (ADP 155 to 164) | 154 | 264.229 | 8.050 | 423.529 | 393.259 | |||
| 1 Income from investments in holdings (shares) of undertakings within the group |
155 | 0 | 0 | 0 | 0 | |||
| 2 Income from investments in holdings (shares) of companies linked by virtue of participating interests |
156 | 0 | 0 | 0 | 0 | |||
| 3 Income from other long-term financial investment and loans granted to undertakings within the group |
157 | 0 | 0 | 0 | 0 |
Temeljni kapital Društva iznosi 482.507.730,00 kn uplaćen u cijelosti, podijeljen i sadržan u 27.971.463 redovnih nematerijaliziranih dionica koje glase na ime, bez nominalnog iznosa i svaka s pravom na jedan glas. Društvo je upisano u Sudski registar Trgovačkog suda u Rijeci pri Trgovačkom sudu u Rijeci pod MBS: 040000817. Predsjednik Uprave: Goran Fabris, predsjednik Nadzornog odbora: Tomislav Kitonić. Poslovne banke i računi: PRIVREDNA BANKA ZAGREB d.d., IBAN: HR4323400091110722690, SWIFT: PBZGHR2X te ERSTE & STEIERMÄRKISCHE BANK d.d., IBAN: HR3924020061100620496, SWIFT: ESBCHR22.
| 4 Other interest income from operations with undertakings within the group |
158 | 0 | 0 | 371.140 | 371.140 |
|---|---|---|---|---|---|
| 5 Exchange rate differences and other financial income from operations with undertakings within the group |
159 | 0 | 0 | 0 | 0 |
| 6 Income from other long-term financial investments and loans |
160 | 0 | 0 | 0 | 0 |
| 7 Other interest income | 161 | 5.981 | 2.007 | 19.815 | 100 |
| 8 Exchange rate differences and other financial income |
162 | 258.248 | 6.043 | 5.615 | 5.431 |
| 9 Unrealised gains (income) from financial assets | 163 | 0 | 0 | 0 | 0 |
| 10 Other financial income | 164 | 0 | 0 | 26.959 | 16.588 |
| IV FINANCIAL EXPENSES (ADP 166 to 172) | 165 | 2.584.467 | 1.177.761 | 8.440.653 | 5.839.138 |
| 1 Interest expenses and similar expenses with undertakings within the group |
166 | 0 | 0 | 0 | 0 |
| 2 Exchange rate differences and other expenses from operations with undertakings within the group |
167 | 0 | 0 | 0 | 0 |
| 3 Interest expenses and similar expenses | 168 | 2.134.488 | 793.874 | 5.979.908 | 3.802.933 |
| 4 Exchange rate differences and other expenses | 169 | 89.684 | 89.684 | 2.460.745 | 2.036.205 |
| 5 Unrealised losses (expenses) from financial assets |
170 | 0 | 0 | 0 | 0 |
| 6 Value adjustments of financial assets (net) | 171 | 0 | 0 | 0 | 0 |
| 7 Other financial expenses | 172 | 360.295 | 294.203 | 0 | 0 |
| V SHARE IN PROFIT FROM UNDERTAKINGS LINKED BY VRITUE OF PARTICIPATING INTERESTS |
173 | 0 | 0 | 0 | 0 |
| VI SHARE IN PROFIT FROM JOINT VENTURES | 174 | 0 | 0 | 0 | 0 |
| VII SHARE IN LOSS OF COMPANIES LINKED BY VIRTUE OF PARTICIPATING INTEREST |
175 | 0 | 0 | 0 | 0 |
| VIII SHARE IN LOSS OF JOINT VENTURES | 176 | 0 | 0 | 0 | 0 |
| IX TOTAL INCOME (ADP 125+154+173 + 174) | 177 | 101.568.106 | 71.467.027 | 67.441.960 | 56.206.888 |
| X TOTAL EXPENDITURE (ADP 131+165+175 + 176) |
178 | 79.562.023 | 38.556.512 | 90.987.605 | 46.921.044 |
| XI PRE-TAX PROFIT OR LOSS (ADP 177-178) | 179 | 22.006.083 | 32.910.515 | -23.545.645 | 9.285.844 |
| 1 Pre-tax profit (ADP 177-178) | 180 | 22.006.083 | 32.910.515 | 0 | 9.285.844 |
| 2 Pre-tax loss (ADP 178-177) | 181 | 0 | 0 | -23.545.645 | 0 |
| XII INCOME TAX | 182 | 0 | 0 | 0 | 0 |
| XIII PROFIT OR LOSS FOR THE PERIOD (ADP 179-182) |
183 | 22.006.083 | 32.910.515 | -23.545.645 | 9.285.844 |
| 1 Profit for the period (ADP 179-182) | 184 | 22.006.083 | 32.910.515 | 0 | 9.285.844 |
| 2 Loss for the period (ADP 182-179) | 185 | 0 | 0 | -23.545.645 | 0 |
| 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 187-188) |
186 | 0 | 0 | 0 | 0 |
| 1 Pre-tax profit from discontinued operations | 187 | 0 | 0 | 0 | 0 |
| 2 Pre-tax loss on discontinued operations | 188 | 0 | 0 | 0 | 0 |
| XV INCOME TAX OF DISCONTINUED OPERATIONS |
189 | 0 | 0 | 0 | 0 |
| 1 Discontinued operations profit for the period (ADP 186-189) |
190 | 0 | 0 | 0 | 0 |
| 2 Discontinued operations loss for the period (ADP 189-186) |
191 | 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 179+186) | 192 | 0 | 0 | 0 | 0 |
| 1 Pre-tax profit (ADP 192) | 193 | 0 | 0 | 0 | 0 |
| 2 Pre-tax loss (ADP 192) | 194 | 0 | 0 | 0 | 0 |
|---|---|---|---|---|---|
| XVII INCOME TAX (ADP 182+189) | 195 | 0 | 0 | 0 | 0 |
| XVIII PROFIT OR LOSS FOR THE PERIOD (ADP 192-195) |
196 | 0 | 0 | 0 | 0 |
| 1 Profit for the period (ADP 192-195) | 197 | 0 | 0 | 0 | 0 |
| 2 Loss for the period (ADP 195-192) | 198 | 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 200+201) |
199 | 0 | 0 | 0 | 0 |
| 1 Attributable to owners of the parent | 200 | 0 | 0 | 0 | 0 |
| 2 Attributable to minority (non-controlling) | 201 | 0 | 0 | 0 | 0 |
| interest | |||||
| STATEMENT OF OTHER COMPRHENSIVE INCOME (to be filled in by undertakings subject to IFRS) | |||||
| I PROFIT OR LOSS FOR THE PERIOD II OTHER COMPREHENSIVE INCOME/LOSS |
202 | 22.006.083 | 32.910.515 | -23.545.645 | 9.285.844 |
| BEFORE TAX (ADP 204 to 211) |
203 | 0 | 0 | 0 | 0 |
| 1 Exchange rate differences from translation of foreign operations |
204 | 0 | 0 | 0 | 0 |
| 2 Changes in revaluation reserves of fixed tangible and intangible assets |
205 | 0 | 0 | 0 | 0 |
| 3 Profit or loss arising from subsequent measurement of financial assets available for sale |
206 | 0 | 0 | 0 | 0 |
| 4 Profit or loss arising from effective cash flow hedging |
207 | 0 | 0 | 0 | 0 |
| 5 Profit or loss arising from effective hedge of a net investment in a foreign operation |
208 | 0 | 0 | 0 | 0 |
| 6 Share in other comprehensive income/loss of companies linked by virtue of participating interests |
209 | 0 | 0 | 0 | 0 |
| 7 Actuarial gains/losses on the defined benefit obligation |
210 | 0 | 0 | 0 | 0 |
| 8 Other changes in equity unrelated to owners | 211 | 0 | 0 | 0 | 0 |
| III TAX ON OTHER COMPREHENSIVE INCOME FOR THE PERIOD |
212 | 0 | 0 | 0 | 0 |
| IV NET OTHER COMPREHENSIVE INCOME OR LOSS (ADP 203-212) |
213 | 0 | 0 | 0 | 0 |
| V COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 202+213) |
214 | 22.006.083 | 32.910.515 | -23.545.645 | 9.285.844 |
| APPENDIX to the Statement on comprehensive income (to be filled in by undertakings that draw up consolidated statements) |
|||||
| VI COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 216+217) |
215 | 0 | 0 | 0 | 0 |
| 1 Attributable to owners of the parent | 216 | 0 | 0 | 0 | 0 |
| 2 Attributable to minority (non-controlling) interest |
217 | 0 | 0 | 0 | 0 |
STATEMENT OF CASH FLOWS - indirect method for the period 01.01.2020. to 30.09.2020.
in HRK
| Submitter: JADRAN D.D., CRIKVENICA | |||
|---|---|---|---|
| Item | ADP code |
Same period of the previous year |
Current period |
| 1 | 2 | 3 | 4 |
| Cash flow from operating activities | |||
| 1 Pre-tax profit | 001 | 22.006.083 | -23.545.645 |
| 2 Adjustments (ADP 003 to 010): | 002 | 9.255.832 | 27.278.730 |
| a) Depreciation | 003 | 9.255.832 | 27.278.730 |
| b) Gains and losses from sale and value adjustment of fixed tangible and intangible assets |
004 | 0 | 0 |
| 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 | 0 | 0 |
| e) Interest expenses | 007 | 0 | 0 |
| f) Provisions | 008 | 0 | 0 |
| g) Exchange rate differences (unrealised) | 009 | 0 | 0 |
| h) Other adjustments for non-cash transactions and unrealised gains and losses |
010 | 0 | 0 |
| I Cash flow increase or decrease before changes in working capital (ADP 001+002) |
011 | 31.261.915 | 3.733.085 |
| 3 Changes in the working capital (ADP 013 to 016) | 012 | -26.183.131 | 70.656.356 |
| a) Increase or decrease in short-term liabilities | 013 | 11.779.369 | 104.401 |
| b) Increase or decrease in short-term receivables | 014 | -24.221.217 | 73.153.434 |
| c) Increase or decrease in inventories | 015 | -314.066 | -183.349 |
| d) Other increase or decrease in working capital | 016 | -13.427.217 | -2.418.130 |
| II Cash from operations (ADP 011+012) | 017 | 5.078.784 | 74.389.441 |
| 4 Interest paid | 018 | 0 | 0 |
| 5 Income tax paid | 019 | 0 | 0 |
| A) NET CASH FLOW FROM OPERATING ACTIVITIES (ADP 017 to 019) |
020 | 5.078.784 | 74.389.441 |
| Cash flow from investment activities | |||
| 1 Cash receipts from sales of fixed tangible and intangible assets | 021 | 0 | 0 |
| 2 Cash receipts from sales of financial instruments | 022 | 0 | 0 |
| 3 Interest received | 023 | 0 | 0 |
| 4 Dividends received | 024 | 0 | 0 |
| 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 | 0 | 0 |
| 1 Cash payments for the purchase of fixed tangible and intangible assets |
028 | -128.527.753 | -50.358.236 |
| 2 Cash payments for the acquisition of financial instruments | 029 | 0 | 0 |
| 3 Cash payments for loans and deposits for the period | 030 | 0 | -10.000.000 |
| 4 Acquisition of a subsidiary, net of cash acquired | 031 | 0 | -57.104.500 |
| 5 Other cash payments from investment activities | 032 | 0 | 0 |
| IV Total cash payments from investment activities (ADP 028 to 032) |
033 | -128.527.753 | -117.462.736 |
| B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033) |
034 | -128.527.753 | -117.462.736 |
|---|---|---|---|
| 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 | 11.491.917 | 0 |
| 3 Cash receipts from credit principals, loans and other borrowings | 037 | 0 | 60.611.552 |
| 4 Other cash receipts from financing activities | 038 | 0 | 0 |
| V Total cash receipts from financing activities (ADP 035 to 038) | 039 | 11.491.917 | 60.611.552 |
| 1 Cash payments for the repayment of credit principals, loans and other borrowings and debt financial instruments |
040 | -6.953.666 | 0 |
| 2 Cash payments for dividends | 041 | 0 | 0 |
| 3 Cash payments for finance lease | 042 | 0 | 0 |
| 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 | -6.953.666 | 0 |
| C) NET CASH FLOW FROM FINANCING ACTIVITIES (ADP 039 +045) |
046 | 4.538.251 | 60.611.552 |
| 1 Unrealised exchange rate differences in respect of cash and cash equivalents |
047 | 0 | 0 |
| D) NET INCREASE OR DECREASE IN CASH FLOWS (ADP 020+034+046+047) |
048 | -118.910.718 | 17.538.257 |
| E) CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD |
049 | 125.502.164 | 21.261.200 |
| F) CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD(ADP 048+049) |
050 | 6.591.446 | 38.799.457 |
| Bana Jelačića 16, T. +385 51 241 |
222 www.jadran-crikvenica.hr OIB: 56994999963 |
Jadran d.d. za hotelijerstvo i turizam HR-51260 Crikvenica E: [email protected] |
||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STATEMENT OF CHANGES IN EQUITY for the period from 1.1.2020 t |
o 30.9.2020 | in HRK | ||||||||||||||
| Item | ADP code |
Initial (subscribed) capital |
Capital reserves Legal reserves | Treasury shares and Reserves for holdings (deductible treasury shares item) |
Statutory reserves Other reserves | Attributable to owners of the parent Revaluation reserves |
Fair value of financial assets available for sale |
Cash flow hedge - effective portion |
Hedge of a net investment in a foreign operation - |
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 | effective portion 13 |
14 | 15 | 16 (3 to 6 - 7 + 8 to 15) |
17 | 18 (16+17) |
| Previous period | ||||||||||||||||
| 1 Balance on the first day of the previous business year 2 Changes in accounting policies |
01 02 |
482.507.730 | 234.210.922 0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 -114.648.124 0 0 |
0 602.070.528 0 0 |
0 602.070.528 0 0 |
|||
| 3 Correction of errors 4 Balance on the first day of the previous business year (restated) (ADP 01 to |
03 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| 03) 5 Profit/loss of the period |
04 05 |
482.507.730 | 234.210.922 0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 -114.648.124 0 0 |
-4.774.369 | 0 602.070.528 -4.774.369 |
0 602.070.528 0 -4.774.369 |
||
| 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 |
||||
| 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 |
||||
| 8 Profit or loss arising from subsequent measurement of financial assets available for sale |
08 | 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 |
||||
| 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 |
||||
| 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 |
||||
| 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 |
||||
| 13 Other changes in equity unrelated to owners 14 Tax on transactions recognised directly in equity |
13 14 |
0 0 0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 0 0 |
0 0 0 0 |
||||
| 15 Increase/decrease in initial (subscribed) capital (other than from reinvesting profit | 15 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| and other than arising from the pre-bankruptcy settlement procedure) | ||||||||||||||||
| 16 Increase in initial (subscribed) capital arising from the reinvestment of profit | 16 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| 17 Increase in initial (subscribed) capital arising from the pre-bankruptcy settlement procedure |
17 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| 18 Redemption of treasury shares/holdings 19 Payment of share in profit/dividend |
18 19 |
0 0 0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 0 0 |
0 0 0 0 |
||||
| 20 Other distribution to owners | 20 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| 21 Transfer to reserves according to the annual schedule 22 Increase in reserves arising from the pre-bankruptcy settlement procedure |
21 22 |
0 0 0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 0 0 |
0 0 0 0 |
||||
| 23 Balance on the last day of the previous business year reporting period (04 to 22) |
23 | 482.507.730 | 234.210.922 | 0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 -114.648.124 |
-4.774.369 | 597.296.159 | 0 597.296.159 |
||
| 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 PREVIOUS PERIOD, NET OF TAX (ADP 06 to 14) |
24 | 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+24) |
25 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
-4.774.369 | -4.774.369 | 0 -4.774.369 |
|||
| III TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 15 to 22) |
26 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| Current period 1 Balance on the first day of the current business year |
27 | 482.507.730 | 234.210.922 | 0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 -114.648.124 |
-4.774.369 | 597.296.159 | 0 597.296.159 |
||
| 2 Changes in accounting policies | 28 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 -4.774.369 |
4.774.369 | 0 | 0 0 |
|||
| 3 Correction of errors 4 Balance on the first day of the current business year (restated) (ADP 27 to 29) |
29 30 |
482.507.730 | 0 0 234.210.922 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 0 -119.422.493 |
0 0 0 597.296.159 |
0 0 0 597.296.159 |
|||
| 5 Profit/loss of the period | 31 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
-23.545.645 | -23.545.645 | 0 -23.545.645 |
|||
| 6 Exchange rate differences from translation of foreign operations | 32 | 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 | 33 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| 8 Profit or loss arising from subsequent measurement of financial assets available for sale |
34 | 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 | 35 | 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 | 36 | 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 |
37 | 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 | 38 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| 13 Other changes in equity unrelated to owners 14 Tax on transactions recognised directly in equity |
39 40 |
0 0 0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 0 0 |
0 0 0 0 |
||||
| 15 Increase/decrease in initial (subscribed) capital (other than from reinvesting profit and other than arising from the pre-bankruptcy settlement procedure) |
41 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| 16 Increase in initial (subscribed) capital arising from the reinvestment of profit | 42 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| 17 Increase in initial (subscribed) capital arising from the pre-bankruptcy settlement | 43 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| procedure 18 Redemption of treasury shares/holdings |
44 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| 19 Payment of share in profit/dividend 20 Other distribution to owners |
45 46 |
0 0 0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 0 0 |
0 0 0 0 |
||||
| 21 Transfer to reserves according to the annual schedule | 47 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| 22 Increase in reserves arising from the pre-bankruptcy settlement procedure 23 Balance on the last day of the current business year reporting period (ADP |
48 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| 30 to 48) APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS) |
49 | 482.507.730 | 234.210.922 | 0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 -119.422.493 |
-23.545.645 | 573.750.514 | 0 573.750.514 |
||
| I OTHER COMPREHENSIVE INCOME FOR THE CURRENT PERIOD, NET OF TAX |
50 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
||||
| (ADP 32 to 40) | ||||||||||||||||
| II COMPREHENSIVE INCOME OR LOSS FOR THE CURRENT PERIOD (ADP 31+50) |
51 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
-23.545.645 | -23.545.645 | 0 -23.545.645 |
|||
| III TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 41 to 48) |
52 | 0 0 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 0 |
0 0 |
NOTES TO FINANCIAL STATEMENTS - TFI
Name of the issuer: JADRAN D.D. Personal identification number (OIB): 56994999963
Reporting period: 01.01.-30.09.2020.
Business Data for the period 01-09 / 2020. are specified in the interim report which is an integral part of the report for the Third Quarter of 2020.
| Jadran d.d. za hotelijerstvo i turizam Bana Jelačića 16, HR-51260 Crikvenica T. +385 51 241 222 E: [email protected] www.jadran-crikvenica.hr OIB: 56994999963 |
||||
|---|---|---|---|---|
| Annex 1 | ISSUER'S GENERAL DATA | |||
| Reporting period: Year: |
1.1.2020 2020 |
to | 30.9.2020 | |
| Quarter: | 3. | |||
| Quarterly financial statements | ||||
| Registration number (MB): | 03145662 | Issuer's home Member State code: |
HR | |
| Entity's registration number (MBS): |
040000817 | |||
| Personal identification number (OIB): |
56994999963 | LEI: | 74780030Q33IX8LEE969 | |
| Institution code: |
1285 | |||
| Name of the issuer: JADRAN D.D. | ||||
| Postcode and town: | 51260 | CRIKVENICA | ||
| Street and house number: BANA JELAČIĆA 16 | ||||
| E-mail address: [email protected] | ||||
| Web address: www.jadran-crikvenica.hr | ||||
| Number of employees (end of the reporting |
384 | |||
| Consolidated report: | KD (KN-not consolidated/KD-consolidated) |
KN KD |
||
| Audited: | RN (RN-not audited/RD-audited) |
RN RD |
||
| Names of subsidiaries (according to IFRS): | Registered office: | MB: | ||
| CLUB ADRIATIC D.O.O. | BAŠKA VODA, PETRA KREŠIMIRA IV 11 | 1634470 | ||
| STOLIST D.O.O. | CRIKVENICA, FRANKOPANSKA 22 | 2741865 | ||
| Yes | ||||
| Bookkeeping firm: | No (Yes/No) |
No | ||
| Contact person: IVANČIĆ MAJETIĆ NATALI | (name of the bookkeeping firm) | |||
| Telephone: 051/800-482 | (only name and surname of the contact person) | |||
| E-mail address: [email protected] | ||||
| Audit firm: | ||||
| Certified auditor: | (name of the audit firm) | |||
| (name and surname) |
BALANCE SHEET balance as at 30.09.2020
in HRK
| Submitter: JADRAN D.D., CRIKVENICA -CONSOLIDATED | ||||||
|---|---|---|---|---|---|---|
| Item | ADP code |
Last day of the preceding business year |
At the reporting date of the current period |
|||
| 1 | 2 | 3 | 4 | |||
| A) RECEIVABLES FOR SUBSCRIBED CAPITAL UNPAID | 001 | 0 | 0 | |||
| B) FIXED ASSETS (ADP 003+010+020+031+036) | 002 | 850.413.320 | 1.047.218.943 | |||
| I INTANGIBLE ASSETS (ADP 004 to 009) | 003 | 17.631.191 | 175.822.112 | |||
| 1 Research and development | 004 | 0 | 0 | |||
| 2 Concessions, patents, licences, trademarks, software and other | 005 | 255.333 | 638.972 | |||
| rights | ||||||
| 3 Goodwill | 006 | 1.316.765 | 0 | |||
| 4 Advances for the purchase of intangible assets | 007 | 0 | 0 | |||
| 5 Intangible assets in preparation | 008 | 0 | 0 | |||
| 6 Other intangible assets | 009 | 16.059.093 | 175.183.140 | |||
| II TANGIBLE ASSETS (ADP 011 to 019) | 010 | 832.772.599 | 871.387.301 | |||
| 1 Land 2 Buildings |
011 012 |
476.976.674 244.293.827 |
476.976.674 236.030.409 |
|||
| 3 Plant and equipment | 013 | 74.609.634 | 82.000.753 | |||
| 4 Tools, working inventory and transportation assets | 014 | 306.037 | 253.842 | |||
| 5 Biological assets | 015 | 731.011 | 654.581 | |||
| 6 Advances for the purchase of tangible assets | 016 | 0 | 0 | |||
| 7 Tangible assets in preparation | 017 | 35.855.416 | 75.471.042 | |||
| 8 Other tangible assets | 018 | 0 | 0 | |||
| 9 Investment property | 019 | 0 | 0 | |||
| III FIXED FINANCIAL ASSETS (ADP 021 to 030) | 020 | 9.530 | 9.530 | |||
| 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 | 9.530 | 9.530 | |||
| 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 | 0 | 0 | |||
| C) CURRENT ASSETS (ADP 038+046+053+063) | 037 | 96.646.027 | 54.455.296 |
| I INVENTORIES (ADP 039 to 045) | 038 | 542.543 | 846.184 |
|---|---|---|---|
| 1 Raw materials and consumables | 039 | 519.901 | 828.832 |
| 2 Work in progress | 040 | 0 | 0 |
| 3 Finished goods | 041 | 0 | 0 |
| 4 Merchandise | 042 | 22.642 | 17.352 |
| 5 Advances for inventories | 043 | 0 | 0 |
| 6 Fixed assets held for sale | 044 | 0 | 0 |
| 7 Biological assets | 045 | 0 | 0 |
| II RECEIVABLES (ADP 047 to 052) | 046 | 72.846.495 | 11.993.319 |
| 1 Receivables from undertakings within the group | 047 | 0 | 0 |
| 2 Receivables from companies linked by virtue of participating | 048 | 0 | 0 |
| interests | |||
| 3 Customer receivables | 049 | 4.426.268 | 7.612.578 |
| 4 Receivables from employees and members of the undertaking | 050 | 29.084 | 36.481 |
| 5 Receivables from government and other institutions | 051 | 977.662 | 1.412.347 |
| 6 Other receivables | 052 | 67.413.481 | 2.931.913 |
| III CURRENT FINANCIAL ASSETS (ADP 054 to 062) | 053 | 0 | 0 |
| 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 | 0 |
| 9 Other financial assets | 062 | 0 | 0 |
| IV CASH AT BANK AND IN HAND | 063 | 23.256.989 | 41.615.793 |
| D ) PREPAID EXPENSES AND ACCRUED INCOME | 064 | 1.852.630 | 3.318.536 |
| E) TOTAL ASSETS (ADP 001+002+037+064) | 065 | 948.911.977 | 1.104.992.775 |
| OFF-BALANCE SHEET ITEMS | 066 | 0 | 0 |
| LIABILITIES | |||
| A) CAPITAL AND RESERVES (ADP 068 to 070+076+077+081+084+087) |
067 | 660.243.751 | 632.109.761 |
| I INITIAL (SUBSCRIBED) CAPITAL | 068 | 482.507.730 | 482.507.730 |
| II CAPITAL RESERVES | 069 | 234.210.922 | 234.210.922 |
| III RESERVES FROM PROFIT (ADP 071+072-073+074+075) | 070 | -271.122 | 0 |
| 1 Legal reserves | 071 | 0 | 0 |
| 2 Reserves for treasury shares | 072 | 0 | 0 |
| 3 Treasury shares and holdings (deductible item) | 073 | 0 | 0 |
| 4 Statutory reserves | 074 | 0 | 0 |
| 5 Other reserves | 075 | -271.122 | 0 |
| IV REVALUATION RESERVES | 076 | 0 | 0 |
| V FAIR VALUE RESERVES (ADP 078 to 080) | 077 | 0 | 0 |
| 1 Fair value of financial assets available for sale | 078 | 0 | 0 |
| 2 Cash flow hedge - effective portion 3 Hedge of a net investment in a foreign operation - effective |
079 | 0 | 0 |
| portion | 080 | 0 | 0 |
Temeljni kapital Društva iznosi 482.507.730,00 kn uplaćen u cijelosti, podijeljen i sadržan u 27.971.463 redovnih nematerijaliziranih dionica koje glase na ime, bez nominalnog iznosa i svaka s pravom na jedan glas. Društvo je upisano u Sudski registar Trgovačkog suda u Rijeci pri Trgovačkom sudu u Rijeci pod MBS: 040000817. Predsjednik Uprave: Goran Fabris, predsjednik Nadzornog odbora: Tomislav Kitonić. Poslovne banke i računi: PRIVREDNA BANKA ZAGREB d.d., IBAN: HR4323400091110722690, SWIFT: PBZGHR2X te ERSTE & STEIERMÄRKISCHE BANK d.d., IBAN: HR3924020061100620496, SWIFT: ESBCHR22.
| VI RETAINED PROFIT OR LOSS BROUGHT FORWARD (ADP 082- 083) |
081 | -54.115.871 | -56.541.820 |
|---|---|---|---|
| 1 Retained profit | 082 | 0 | 0 |
| 2 Loss brought forward | 083 | 54.115.871 | 56.541.820 |
| VII PROFIT OR LOSS FOR THE BUSINESS YEAR (ADP 085-086) | 084 | -2.087.908 | -28.067.071 |
| 1 Profit for the business year | 085 | 0 | 0 |
| 2 Loss for the business year | 086 | 2.087.908 | 28.067.071 |
| VIII MINORITY (NON-CONTROLLING) INTEREST | 087 | 0 | 0 |
| B) PROVISIONS (ADP 089 to 094) | 088 | 489.419 | 489.419 |
| 1 Provisions for pensions, termination benefits and similar obligations |
089 | 489.419 | 489.419 |
| 2 Provisions for tax liabilities | 090 | 0 | 0 |
| 3 Provisions for ongoing legal cases | 091 | 0 | 0 |
| 4 Provisions for renewal of natural resources | 092 | 0 | 0 |
| 5 Provisions for warranty obligations | 093 | 0 | 0 |
| 6 Other provisions | 094 | 0 | 0 |
| C) LONG-TERM LIABILITIES (ADP 096 to 106) | 095 | 188.228.144 | 421.562.573 |
| 1 Liabilities to undertakings within the group | 096 | 0 | 0 |
| 2 Liabilities for loans, deposits, etc. of undertakings within the group |
097 | 0 | 0 |
| 3 Liabilities to companies linked by virtue of participating interests | 098 | 0 | 0 |
| 4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests |
099 | 0 | 0 |
| 5 Liabilities for loans, deposits etc. | 100 | 0 | 0 |
| 6 Liabilities to banks and other financial institutions | 101 | 171.956.525 | 232.568.077 |
| 7 Liabilities for advance payments | 102 | 0 | 0 |
| 8 Liabilities to suppliers | 103 | 0 | 0 |
| 9 Liabilities for securities | 104 | 0 | 0 |
| 10 Other long-term liabilities | 105 | 16.271.619 | 188.994.496 |
| 11 Deferred tax liability | 106 | 0 | 0 |
| D) SHORT-TERM LIABILITIES (ADP 108 to 121) | 107 | 98.090.784 | 49.870.618 |
| 1 Liabilities to undertakings within the group | 108 | 0 | 0 |
| 2 Liabilities for loans, deposits, etc. of undertakings within the group |
109 | 0 | 0 |
| 3 Liabilities to companies linked by virtue of participating interests | 110 | 0 | 0 |
| 4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests |
111 | 0 | 0 |
| 5 Liabilities for loans, deposits etc. | 112 | 576.461 | 576.462 |
| 6 Liabilities to banks and other financial institutions | 113 | 44.955.627 | 15.107.208 |
| 7 Liabilities for advance payments | 114 | 5.680.814 | 7.560.031 |
| 8 Liabilities to suppliers | 115 | 25.394.438 | 19.944.589 |
| 9 Liabilities for securities | 116 | 0 | 0 |
| 10 Liabilities to employees | 117 | 4.672.347 | 2.513.509 |
| 11 Taxes, contributions and similar liabilities | 118 | 6.635.264 | 2.057.852 |
| 12 Liabilities arising from the share in the result | 119 | 0 | 0 |
| 13 Liabilities arising from fixed assets held for sale | 120 | 0 | 0 |
| 14 Other short-term liabilities | 121 | 10.175.833 | 2.110.967 |
| E) ACCRUALS AND DEFERRED INCOME | 122 | 1.859.879 | 960.404 |
| F) TOTAL – LIABILITIES (ADP 067+088+095+107+122) | 123 | 948.911.977 | 1.104.992.775 |
| G) OFF-BALANCE SHEET ITEMS | 124 | 0 | 0 |
STATEMENT OF PROFIT OR LOSS for the period 01.01.2020 to 30.09.2020
in HRK
Submitter: JADRAN D.D., CRIKVENICA -CONSOLIDATED
| Item | ADP | Same period of the previous year |
Current period | ||||
|---|---|---|---|---|---|---|---|
| code | Cumulative | Quarter | Cumulative | Quarter | |||
| 1 | 2 | 3 | 4 | 5 | 6 | ||
| I OPERATING INCOME (ADP 126 to 130) | 125 | 121.407.534 | 87.739.697 | 76.361.602 | 62.997.842 | ||
| 1 Income from sales with undertakings within | 126 | 0 | 0 | 0 | 0 | ||
| the group 2 Income from sales (outside group) |
127 | 111.177.118 | 82.408.108 | 66.413.873 | 58.004.656 | ||
| 3 Income from the use of own products, | |||||||
| goods and services | 128 | 0 | 0 | 0 | 0 | ||
| 4 Other operating income with undertakings within the group |
129 | 0 | 0 | 0 | 0 | ||
| 5 Other operating income (outside the group) | 130 | 10.230.416 | 5.331.589 | 9.947.729 | 4.993.186 | ||
| II OPERATING EXPENSES (ADP 132+133+137+141+142+143+146+153) |
131 | 92.433.704 | 45.136.310 | 95.209.280 | 48.785.575 | ||
| 1 Changes in inventories of work in progress and finished goods |
132 | 0 | 0 | 0 | 0 | ||
| 2 Material costs (ADP 134 to 136) | 133 | 41.070.218 | 22.240.975 | 32.031.054 | 25.070.515 | ||
| a) Costs of raw materials and consumables |
134 | 19.997.204 | 12.629.763 | 12.885.853 | 10.259.802 | ||
| b) Costs of goods sold | 135 | 2.523.162 | 606.869 | 242.635 | 204.864 | ||
| c) Other external costs | 136 | 18.549.852 | 9.004.343 | 18.902.566 | 14.605.849 | ||
| 3 Staff costs (ADP 138 to 140) | 137 | 32.291.800 | 14.549.941 | 26.173.317 | 12.885.445 | ||
| a) Net salaries and wages | 138 | 20.983.767 | 9.619.827 | 16.463.751 | 8.409.107 | ||
| b) Tax and contributions from salary costs | 139 | 7.263.683 | 3.140.847 | 6.289.015 | 2.808.297 | ||
| c) Contributions on salaries | 140 | 4.044.350 | 1.789.267 | 3.420.551 | 1.668.041 | ||
| 4 Depreciation | 141 | 10.843.789 | 3.720.346 | 30.473.916 | 7.122.070 | ||
| 5 Other costs | 142 | 8.020.300 | 4.621.610 | 6.218.596 | 3.573.209 | ||
| 6 Value adjustments (ADP 144+145) | 143 | 0 | 0 | 0 | 0 | ||
| a) fixed assets other than financial assets | 144 | 0 | 0 | 0 | 0 | ||
| b) current assets other than financial assets |
145 | 0 | 0 | 0 | 0 | ||
| 7 Provisions (ADP 147 to 152) | 146 | 0 | 0 | 0 | 0 | ||
| a) Provisions for pensions, termination benefits and similar obligations |
147 | 0 | 0 | 0 | 0 | ||
| b) Provisions for tax liabilities | 148 | 0 | 0 | 0 | 0 | ||
| c) Provisions for ongoing legal cases | 149 | 0 | 0 | 0 | 0 | ||
| d) Provisions for renewal of natural resources |
150 | 0 | 0 | 0 | 0 | ||
| e) Provisions for warranty obligations | 151 | 0 | 0 | 0 | 0 | ||
| f) Other provisions | 152 | 0 | 0 | 0 | 0 | ||
| 8 Other operating expenses | 153 | 207.597 | 3.438 | 312.397 | 134.336 | ||
| III FINANCIAL INCOME (ADP 155 to 164) | 154 | 264.232 | 8.052 | 106.737 | 31.084 | ||
| 1 Income from investments in holdings (shares) of undertakings within the group |
155 | 0 | 0 | 0 | 0 | ||
| 2 Income from investments in holdings (shares) of companies linked by virtue of participating interests |
156 | 0 | 0 | 0 | 0 | ||
| 3 Income from other long-term financial investment and loans granted to undertakings |
157 | 0 | 0 | 0 | 0 |
| within the group | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 4 Other interest income from operations with undertakings within the group |
158 | 0 | 0 | 0 | 0 | |||||
| 5 Exchange rate differences and other financial income from operations with undertakings within the group |
159 | 0 | 0 | 0 | 0 | |||||
| 6 Income from other long-term financial investments and loans |
160 | 0 | 0 | 0 | 0 | |||||
| 7 Other interest income | 161 | 5.984 | 2.009 | 19.873 | 106 | |||||
| 8 Exchange rate differences and other financial income |
162 | 258.248 | 6.043 | 53.931 | 14.390 | |||||
| 9 Unrealised gains (income) from financial assets |
163 | 0 | 0 | 0 | 0 | |||||
| 10 Other financial income | 164 | 0 | 0 | 32.933 | 16.588 | |||||
| IV FINANCIAL EXPENSES (ADP 166 to 172) | 165 | 2.925.649 | 1.497.420 | 9.326.130 | 6.692.564 | |||||
| 1 Interest expenses and similar expenses with undertakings within the group |
166 | 0 | 0 | 0 | 0 | |||||
| 2 Exchange rate differences and other expenses from operations with undertakings within the group |
167 | 0 | 0 | 0 | 0 | |||||
| 3 Interest expenses and similar expenses | 168 | 2.454.919 | 1.107.628 | 6.826.240 | 4.647.205 | |||||
| 4 Exchange rate differences and other expenses |
169 | 110.435 | 95.586 | 2.499.890 | 2.045.359 | |||||
| 5 Unrealised losses (expenses) from financial assets |
170 | 0 | 0 | 0 | 0 | |||||
| 6 Value adjustments of financial assets (net) | 171 | 0 | 0 | 0 | 0 | |||||
| 7 Other financial expenses | 172 | 360.295 | 294.206 | 0 | 0 | |||||
| V SHARE IN PROFIT FROM UNDERTAKINGS LINKED BY VRITUE OF PARTICIPATING INTERESTS |
173 | 0 | 0 | 0 | 0 | |||||
| VI SHARE IN PROFIT FROM JOINT VENTURES |
174 | 0 | 0 | 0 | 0 | |||||
| VII SHARE IN LOSS OF COMPANIES LINKED BY VIRTUE OF PARTICIPATING INTEREST |
175 | 0 | 0 | 0 | 0 | |||||
| VIII SHARE IN LOSS OF JOINT VENTURES | 176 | 0 | 0 | 0 | 0 | |||||
| IX TOTAL INCOME (ADP 125+154+173 + 174) |
177 | 121.671.766 | 87.747.749 | 76.468.339 | 63.028.926 | |||||
| X TOTAL EXPENDITURE (ADP 131+165+175 + 176) |
178 | 95.359.353 | 46.633.730 | 104.535.410 | 55.478.139 | |||||
| XI PRE-TAX PROFIT OR LOSS (ADP 177- 178) |
179 | 26.312.413 | 41.114.019 | -28.067.071 | 7.550.787 | |||||
| 1 Pre-tax profit (ADP 177-178) | 180 | 26.312.413 | 41.114.019 | 0 | 7.550.787 | |||||
| 2 Pre-tax loss (ADP 178-177) | 181 | 0 | 0 | -28.067.071 | 0 | |||||
| XII INCOME TAX | 182 | 0 | 0 | 0 | 0 | |||||
| XIII PROFIT OR LOSS FOR THE PERIOD (ADP 179-182) |
183 | 26.312.413 | 41.114.019 | -28.067.071 | 7.550.787 | |||||
| 1 Profit for the period (ADP 179-182) | 184 | 26.312.413 | 41.114.019 | 0 | 7.550.787 | |||||
| 2 Loss for the period (ADP 182-179) | 185 | 0 | 0 | -28.067.071 | 0 | |||||
| operations) | DISCONTINUED OPERATIONS (to be filled in by undertakings subject to IFRS only with discontinued | |||||||||
| XIV PRE-TAX PROFIT OR LOSS OF | ||||||||||
| DISCONTINUED OPERATIONS (ADP 187- 188) |
186 | 0 | 0 | 0 | 0 | |||||
| 1 Pre-tax profit from discontinued operations | 187 | 0 | 0 | 0 | 0 | |||||
| 2 Pre-tax loss on discontinued operations | 188 | 0 | 0 | 0 | 0 | |||||
| XV INCOME TAX OF DISCONTINUED | 189 | 0 | 0 | 0 | 0 |
| OPERATIONS | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Discontinued operations profit for the period (ADP 186-189) |
190 | 0 | 0 | 0 | 0 | ||||||
| 2 Discontinued operations loss for the period (ADP 189-186) |
191 | 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 179+186) |
192 | 0 | 0 | 0 | 0 | ||||||
| 1 Pre-tax profit (ADP 192) | 193 | 0 | 0 | 0 | 0 | ||||||
| 2 Pre-tax loss (ADP 192) | 194 | 0 | 0 | 0 | 0 | ||||||
| XVII INCOME TAX (ADP 182+189) | 195 | 0 | 0 | 0 | 0 | ||||||
| XVIII PROFIT OR LOSS FOR THE PERIOD (ADP 192-195) |
196 | 0 | 0 | 0 | 0 | ||||||
| 1 Profit for the period (ADP 192-195) | 197 | 0 | 0 | 0 | 0 | ||||||
| 2 Loss for the period (ADP 195-192) | 198 | 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 200+201) |
199 | 0 | 0 | 0 | 0 | ||||||
| 1 Attributable to owners of the parent | 200 | 0 | 0 | 0 | 0 | ||||||
| 2 Attributable to minority (non controlling) interest |
201 | 0 | 0 | 0 | 0 | ||||||
| STATEMENT OF OTHER COMPRHENSIVE INCOME (to be filled in by undertakings subject to IFRS) | |||||||||||
| I PROFIT OR LOSS FOR THE PERIOD | 202 | 26.312.413 | 41.114.019 | -28.067.071 | 7.550.787 | ||||||
| II OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAX (ADP 204 to 211) |
203 | 0 | 0 | 0 | 0 | ||||||
| 1 Exchange rate differences from translation of foreign operations |
204 | 0 | 0 | 0 | 0 | ||||||
| 2 Changes in revaluation reserves of fixed tangible and intangible assets |
205 | 0 | 0 | 0 | 0 | ||||||
| 3 Profit or loss arising from subsequent measurement of financial assets available for sale |
206 | 0 | 0 | 0 | 0 | ||||||
| 4 Profit or loss arising from effective cash flow hedging |
207 | 0 | 0 | 0 | 0 | ||||||
| 5 Profit or loss arising from effective hedge of a net investment in a foreign operation |
208 | 0 | 0 | 0 | 0 | ||||||
| 6 Share in other comprehensive income/loss of companies linked by virtue of participating interests |
209 | 0 | 0 | 0 | 0 | ||||||
| 7 Actuarial gains/losses on the defined benefit obligation |
210 | 0 | 0 | 0 | 0 | ||||||
| 8 Other changes in equity unrelated to owners |
211 | 0 | 0 | 0 | 0 | ||||||
| III TAX ON OTHER COMPREHENSIVE INCOME FOR THE PERIOD |
212 | 0 | 0 | 0 | 0 | ||||||
| IV NET OTHER COMPREHENSIVE INCOME OR LOSS (ADP 203-212) |
213 | 0 | 0 | 0 | 0 | ||||||
| V COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 202+213) |
214 | 26.312.413 | 41.114.019 | -28.067.071 | 7.550.787 | ||||||
| APPENDIX to the Statement on comprehensive income (to be filled in by undertakings that draw up consolidated statements) |
|||||||||||
| VI COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 216+217) |
215 | 0 | 0 | 0 | 0 | ||||||
| 1 Attributable to owners of the parent | 216 | 0 | 0 | 0 | 0 | ||||||
| 2 Attributable to minority (non controlling) interest |
217 | 0 | 0 | 0 | 0 |
Temeljni kapital Društva iznosi 482.507.730,00 kn uplaćen u cijelosti, podijeljen i sadržan u 27.971.463 redovnih nematerijaliziranih dionica koje glase na ime, bez nominalnog iznosa i svaka s pravom na jedan glas. Društvo je upisano u Sudski registar Trgovačkog suda u Rijeci pri Trgovačkom sudu u Rijeci pod MBS: 040000817. Predsjednik Uprave: Goran Fabris, predsjednik Nadzornog odbora: Tomislav Kitonić. Poslovne banke i računi: PRIVREDNA BANKA ZAGREB d.d., IBAN: HR4323400091110722690, SWIFT: PBZGHR2X te ERSTE & STEIERMÄRKISCHE BANK d.d., IBAN: HR3924020061100620496, SWIFT: ESBCHR22.
STATEMENT OF CASH FLOWS - indirect method for the period 01.01.2020. to 30.09.2020.
in HRK
| Submitter: JADRAN D.D., CRIKVENICA-CONSOLIDATED | ||||||||
|---|---|---|---|---|---|---|---|---|
| Item | ADP code |
Same period of the previous year |
Current period | |||||
| 1 | 2 | 3 | 4 | |||||
| Cash flow from operating activities | ||||||||
| 1 Pre-tax profit | 001 | 26.312.413 | -28.067.071 | |||||
| 2 Adjustments (ADP 003 to 010): | 002 | 10.843.789 | 30.473.916 | |||||
| a) Depreciation | 003 | 10.843.789 | 30.473.916 | |||||
| b) Gains and losses from sale and value adjustment of fixed tangible and intangible assets |
004 | 0 | 0 | |||||
| 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 | 0 | 0 | |||||
| e) Interest expenses | 007 | 0 | 0 | |||||
| f) Provisions | 008 | 0 | 0 | |||||
| g) Exchange rate differences (unrealised) | 009 | 0 | 0 | |||||
| h) Other adjustments for non-cash transactions and unrealised gains and losses |
010 | 0 | 0 | |||||
| I Cash flow increase or decrease before changes in working capital (ADP 001+002) |
011 | 37.156.202 | 2.406.845 | |||||
| 3 Changes in the working capital (ADP 013 to 016) | 012 | -4.524.419 | 9.284.738 | |||||
| a) Increase or decrease in short-term liabilities | 013 | 23.810.009 | -48.220.166 | |||||
| b) Increase or decrease in short-term receivables | 014 | -28.584.615 | 60.853.177 | |||||
| c) Increase or decrease in inventories | 015 | -353.627 | -303.641 | |||||
| d) Other increase or decrease in working capital | 016 | 603.814 | -3.044.632 | |||||
| II Cash from operations (ADP 011+012) | 017 | 32.631.783 | 11.691.583 | |||||
| 4 Interest paid | 018 | 0 | 0 | |||||
| 5 Income tax paid | 019 | 0 | 0 | |||||
| A) NET CASH FLOW FROM OPERATING ACTIVITIES (ADP 017 to 019) |
020 | 32.631.783 | 11.691.583 | |||||
| Cash flow from investment activities | ||||||||
| 1 Cash receipts from sales of fixed tangible and intangible assets | 021 | 0 | 0 | |||||
| 2 Cash receipts from sales of financial instruments | 022 | 0 | 0 | |||||
| 3 Interest received | 023 | 0 | 0 | |||||
| 4 Dividends received | 024 | 0 | 0 | |||||
| 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 | 0 | 0 | |||||
| 1 Cash payments for the purchase of fixed tangible and intangible assets |
028 | -136.553.251 | -53.944.331 | |||||
| 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 | -136.553.251 | -53.944.331 |
| B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033) |
034 | -136.553.251 | -53.944.331 |
|---|---|---|---|
| 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 | 0 | 60.611.552 |
| 4 Other cash receipts from financing activities | 038 | 27.483.535 | 0 |
| V Total cash receipts from financing activities (ADP 035 to 038) | 039 | 27.483.535 | 60.611.552 |
| 1 Cash payments for the repayment of credit principals, loans and other borrowings and debt financial instruments |
040 | 0 | 0 |
| 2 Cash payments for dividends | 041 | 0 | 0 |
| 3 Cash payments for finance lease | 042 | 0 | 0 |
| 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 | -48.118.701 | 0 |
| VI Total cash payments from financing activities (ADP 040 to 044) | 045 | -48.118.701 | 0 |
| C) NET CASH FLOW FROM FINANCING ACTIVITIES (ADP 039 +045) |
046 | -20.635.166 | 60.611.552 |
| 1 Unrealised exchange rate differences in respect of cash and cash equivalents |
047 | 0 | 0 |
| D) NET INCREASE OR DECREASE IN CASH FLOWS (ADP 020+034+046+047) |
048 | -124.556.634 | 18.358.804 |
| E) CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD |
049 | 133.743.250 | 23.256.989 |
| F) CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD(ADP 048+049) |
050 | 9.186.616 | 41.615.793 |
| Jadran d.d. za hotelijerstvo i turizam Bana Jelačića 16, T. +385 51 241 E: [email protected] www.jadran-crikvenica.hr OIB: 56994999963 |
222 | HR-51260 Crikvenica | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STATEMENT OF CHANGES IN EQUITY for the period from |
||||||||||||||||
| 1.1.2020 t Item |
o 30.9.2020 ADP code |
Initial (subscribed) capital |
Capital reserves Legal reserves | Treasury shares and Reserves for holdings (deductible treasury shares item) |
Statutory reserves Other reserves | Attributable to owners of the parent Revaluation reserves |
Fair value of financial assets available for sale |
Cash flow hedge - effective portion |
Hedge of a net investment in a foreign operation - |
Retained profit / loss brought forward |
Profit/loss for the business year |
Total attributable to owners of the parent |
in HRK Minority (non controlling) interest |
Total capital and reserves |
||
| 1 | 2 | 3 | 4 | 5 | 6 7 |
8 | 9 | 10 | 11 | 12 | effective portion 13 |
14 | 15 | 16 (3 to 6 - 7 + 8 to 15) |
17 | 18 (16+17) |
| Previous period | ||||||||||||||||
| 1 Balance on the first day of the previous business year 2 Changes in accounting policies |
01 02 |
482.507.730 | 234.210.922 0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 -54.115.871 0 0 |
0 0 |
662.602.781 0 |
0 0 |
662.602.781 0 |
|
| 3 Correction of errors 4 Balance on the first day of the previous business year (restated) (ADP 01 to |
03 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||
| 03) | 04 | 482.507.730 | 234.210.922 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 -54.115.871 |
0 | 662.602.781 | 0 | 662.602.781 | |
| 5 Profit/loss of the period 6 Exchange rate differences from translation of foreign operations |
05 06 |
0 0 0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 0 0 |
-2.087.908 0 |
-2.087.908 0 |
0 0 |
-2.087.908 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 | ||
| 8 Profit or loss arising from subsequent measurement of financial assets available for | ||||||||||||||||
| sale | 08 | 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 | ||
| 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 | ||
| 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 | ||
| 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 | ||
| 13 Other changes in equity unrelated to owners 14 Tax on transactions recognised directly in equity |
13 14 |
0 0 0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
||
| 15 Increase/decrease in initial (subscribed) capital (other than from reinvesting profit and other than arising from the pre-bankruptcy settlement procedure) |
15 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||
| 16 Increase in initial (subscribed) capital arising from the reinvestment of profit | ||||||||||||||||
| 16 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | |||
| 17 Increase in initial (subscribed) capital arising from the pre-bankruptcy settlement procedure |
17 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||
| 18 Redemption of treasury shares/holdings 19 Payment of share in profit/dividend |
18 19 |
0 0 0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
||
| 20 Other distribution to owners | 20 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
-271.122 | -271.122 | 0 | -271.122 | ||
| 21 Transfer to reserves according to the annual schedule | 21 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||
| 22 Increase in reserves arising from the pre-bankruptcy settlement procedure 23 Balance on the last day of the previous business year reporting period (04 |
22 23 |
482.507.730 | 0 0 234.210.922 |
0 0 |
0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 0 -54.115.871 |
0 -2.359.030 |
0 660.243.751 |
0 0 |
0 660.243.751 |
|
| to 22) 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 PREVIOUS PERIOD, NET OF TAX (ADP 06 to 14) |
24 | 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+24) |
25 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
-2.087.908 | -2.087.908 | 0 | -2.087.908 | ||
| III TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 15 to 22) |
26 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
-271.122 | -271.122 | 0 | -271.122 | ||
| Current period 1 Balance on the first day of the current business year |
27 | 482.507.730 | 234.210.922 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 -54.115.871 |
-2.359.030 | 660.243.751 | 0 | 660.243.751 | |
| 2 Changes in accounting policies | 28 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 -2.359.030 |
2.359.030 | 0 | 0 | 0 | ||
| 3 Correction of errors | 29 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 -66.919 |
0 | -66.919 | 0 | -66.919 | ||
| 4 Balance on the first day of the current business year (restated) (ADP 27 to 29) | 30 | 482.507.730 | 234.210.922 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 -56.541.820 |
0 | 660.176.832 | 0 | 660.176.832 | |
| 5 Profit/loss of the period 6 Exchange rate differences from translation of foreign operations |
31 32 |
0 0 0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 0 0 |
-28.067.071 0 |
-28.067.071 0 |
0 0 |
-28.067.071 0 |
||
| 7 Changes in revaluation reserves of fixed tangible and intangible assets | 33 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||
| 8 Profit or loss arising from subsequent measurement of financial assets available for | 34 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||
| sale 9 Profit or loss arising from effective cash flow hedge |
35 | 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 11 Share in other comprehensive income/loss of companies linked by virtue of |
36 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||
| participating interests | 37 | 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 13 Other changes in equity unrelated to owners |
38 39 |
0 0 0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 |
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 | 40 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||
| 15 Increase/decrease in initial (subscribed) capital (other than from reinvesting profit and other than arising from the pre-bankruptcy settlement procedure) |
41 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||
| 16 Increase in initial (subscribed) capital arising from the reinvestment of profit | 42 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||
| 17 Increase in initial (subscribed) capital arising from the pre-bankruptcy settlement | 43 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||
| procedure 18 Redemption of treasury shares/holdings |
44 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||
| 19 Payment of share in profit/dividend | 45 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||
| 20 Other distribution to owners 21 Transfer to reserves according to the annual schedule |
46 47 |
0 0 0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
||
| 22 Increase in reserves arising from the pre-bankruptcy settlement procedure | 48 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||
| 23 Balance on the last day of the current business year reporting period (ADP 30 to 48) |
49 | 482.507.730 | 234.210.922 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 -56.541.820 |
-28.067.071 | 632.109.761 | 0 | 632.109.761 | |
| 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 32 to 40) |
50 | 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 31+50) |
51 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
-28.067.071 | -28.067.071 | 0 | -28.067.071 | ||
| III TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 41 to 48) |
52 | 0 0 |
0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 |
NOTES TO FINANCIAL STATEMENTS - TFI
Name of the issuer: JADRAN D.D.-CONSOLIDATED Personal identification number (OIB): 56994999963
Reporting period: 01.01.-30.09.2020.
Business Data for the period 01-09 / 2020. are specified in the interim report which is an integral part of the report for the Third Quarter of 2020.
Pursuant to Articles 407 and 410 of the Capital Market Act (Official Gazzette 88/08, 146/08), the Management Bord, according to our best knowledge, gives the following
STATEMENT BY PERSONS RESPONSIBLE FOR THE PREPARATION OF THE REPORT
Unaudited financial reports of JADRAN d.d. and the Group are prepared in accordance with International Financial Reporting Standards and the Accounting Act valid at the date of the financial reports.
Unaudited financial reports of JADRAN d.d. and the Group for the period from January 1st 2020 to September 30th 2020 provide a true and fair view of the assets and liabilities, losses and gains, financial position and operations of the Company and the Group.
Reports on business operations and true and faithful presentation of the Company's and Group's business development and results, along with a description of the most significant risks and uncertainties to which the Company and the Group are exposed.
In Crikvenica, October 30th 2020
Chairman of the Management Board Goran Fabris