Sinteza S.A. — Interim / Quarterly Report 2017

Aug 11, 2017

SINTEZA S.A. Sos. Borsului nr. 35 410605 ORADEA - ROMANIA

Tel: 0259 456 116 Tel: 0259 444 969 Fax: 0259 462 224 e-mail: sinteza@ sinteza. ro www.sinteza.ro

C.U.I.: R0 67329 Nr. înreg. ORC-Bihor: J.05/197/1991

Cont EXIM: RO48EXIM109000019389RO01 Banca: EXIM BANK ORADEA Cont BTRL: RO86BTRL00501202N98396XX Banca: Transilvania Oradea Cont BRD: RO79BRDE050SV07449460500 Banca: BRD Oradea

HALF YEARLY REPORT According to CNVM Regulation No.1 / 2006 regarding issuers and securities operations

Date of report::	30 JUNE 2017
Name of the company:	S.C. SINTEZA S.A
Headquarters:	410605 Oradea, Borsului road No. 35
Phone:	40 259 456 116
Fax:	40 259 462 224 Martin March 201
Tax Identification Code::	医精神病 医内侧肌 网络美国拉马特的英国克兰 67329
Number of registration in the Commercial Register:	J/05/197/1991 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 10 2000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000 - 1000
Subscribed and paid capital:	9.916.888,50 RON
Regulated market where the issued securities are traded: BUCHAREST STOCK EXCHANGE
	不可可见的人 经未可见的比较级的复数帐

1. Economic and financial situation

双次调

$\mathcal{O}$ Achievements at: Current Indicator 30.06.2016 30.06.2017 issue $\overline{RON}$ RON $\overline{1}$ . FIXED ASSETS 52.411.632 52.366.255 $\overline{2}$ . STOCKS 24.711.845 11.214.317 $\overline{3}$ . RECEIVABLES 19.471.220 $5.916.822$ $\overline{4}$ . Cash and availability 455.984 126.427 5. Prepaid expenses, of which: 739.597 606.873 Amounts taken over a period of up to one year $354.218$ 333.976 Amounts taken in a period exceeding one year 385.379 272.897 TOTAL ASSETS $6.$ 97.744.901 70.276.071 $\overline{7}$ . Debts to be paid within a period of up to one year 10.721.655 8.862.707 $\overline{8}$ Investment subsidies 网络光星 $\overline{9}$ Deferred revenues 9.428.935 17.109 $10.$ NET ASSETS (6-7-8-9-5.b.) 77.208.932 61.123.358 11. Debts to be paid within a period exceeding one year 4.478.815 3.107.336 $12.$ Provisions for risks and charges $13.$ EQUITY 73.115.496 58.288.919

1.1. Balance sheet items

1.2. Profit and loss

			Achievements at:
Current issue	Indicator	30.06.2016	30.06.2017
		RON	RON
1.	Net turnover	14.211.519	12.791.783
2.	TOTAL REVENUE	15.786.233	13.871.432
	Significant expense items
3.	Expenses for raw materials and consumables	8.158.778	8.276.649
4.	Energy and water expenses	2.006.907	1.490.911
5.	Expenditure on goods	207	46
6.	Expenses for employees	1.501.568	1.891.957
7.	Depreciation and provisions	1.164.012	1.109.948
8.	TOTAL EXPENDITURE	15.088.794	15.201.438
9.	GROSS PROFIT	697.439	$\Omega$
10	LOSS	0	$-1.330.006$

1.3. $Cash - flow$

Changes in cash in the core business: decrease. Cash at beginning of period: 3.101.497 RON, of which the restrictions in use: 0 RON. Cash at period end: 126.427 RON, of which the restrictions in use: 0 RON.

2. Analysis of the company's activity

2.1 Liquidity

____ Trends:	relatively constant
Highlights: Highlights	the distribution of dividends from the net profit of
アンダン あいいちゃく アイ・キャン	2016, RON 4.499.623
The level of liquidity:	medium

2.2. Capital expenditures

Capital expenditures incurred: Have not acquired shares Anticipated capital expenditures: it is not the case The impact on the financial situation: it is not the case The purpose of expenditure: it is not the case Financing sources it is not the case

2.3. Significant events:

it is not the case

3. Changes affecting capital and management company:

It is not the case.

4. Significant transactions

It is not the case.

1. Audit: We note that the first half of 2017, financial statements were not subject to an audit report.

Chairman of the Board Claudiu Sorin Pasula

Financial Manager Viorel Florut Vese

and and the Adverse community of the state of