Viro Tvornica ŠEĆERA d.d.

Quarterly Report • May 2, 2019

STATEMENT OF PERSON RESPONSIBLE FOR PRODUCTION OF THE THREE-MONTH REPORT FOR 1Q 2019

With this statement, in compliance with article 410 of the Law on capital market, I state that to the best of our knowledge

• the set of financial reports of VIRO TVORNICA ŠEĆERA d.d., Zagreb for the period I-III 2019, produced by applying International standards of financial reporting and in compliance with the Croatian Law on Accounting, provides an integral and true overview of assets and liabilities, loss and profit, financial position and operations of the company.
• the Management report contains a true overview of business results and position of the company, with a description of the most significant risks and uncertanties to which the company is exposed.

In Virovitica, on April 29, 2019

RESPONSIBLE PERSON

PRESIDENT OF THE MANAGEMENT BOARD:

Željko Zadro, dipl.oec

Ivo Rešić, Member of the Management Board

Darko Krstić, Member of the Management Board

Annex 1
		ISSUER'S GENERAL DATA
Reporting period:	1.1.2019	to	31.3.2019
Year:	2019
Quarter:	1.
	Quarterly financial statements
egistration number (MB): 01650971		Issuer's home Member State code:	HR
Entity's registration 010049135 number (MBS):
Personal identification 04525204420 number (OIB):		LEI:	5493006LGN8RLWC2UL05
Institution 1569 code:
Name of the issuer: VIRO TVORNICA ŠEĆERA d.d.
Postcode and town: 10000		ZAGREB
treet and house number: ULICA GRADA VUKOVARA 269 g
E-mail address: viro@secerana.hr
Web address: www.secerana.hr
Number of employees 203 (end of the reporting)
Consolidated report: KN	(KN-not consolidated/KD-consolidated)
Audited: RN	(RN-not audited/RD-audited)
Names of subsidiaries (according to IFRS):		Registered office:		MB:
Bookkeeping firm:	(Yes/No)
Contact person: ZDENKA SMOJVER			(name of the bookkeeping firm)
Telephone: 033 840 122	(only name and surname of the contact person)
E-mail address: racunovodstvo-viro@secerana.hr
Audit firm:
(name of the audit firm) Certified auditor:

BALANCE SHEET balance as at 31.03.2019

Submitter:VIRO TVORNICA SECERA d.d.
Item		Last day of the preceding business vear	At the reporting date of the current period
1	ST	3	4
A) RECEIVABLES FOR SUBSCRIBED CAPITAL UNPAID	001	0	0
B) FIXED ASSETS (ADP 003+010+020+031+036)	002	649.438.487	666.720.810
I INTANGIBLE ASSETS (ADP 004 to 009)	003	2.266.166	2.128.457
1 Research and development	004	0	0
2 Concessions, patents, licences, trademarks, software and other rights	005	2.266.166	2.128.457
3 Goodwill	006	0	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	0	0
II TANGIBLE ASSETS (ADP 011 to 019)	010	135.424.536	151.591.615
1 Land	011	5.548.592	26.914.196
2 Buildings	012	59.336.370	56.809.899
3 Plant and equipment	013	32.708.188	30.419.077
4 Tools, working inventory and transportation assets	014	0	0
5 Biological assets	015	0	0
6 Advances for the purchase of tangible assets	016	33.816.284	33.850.399
7 Tangible assets in preparation	017	2.230.095	2.230.095
8 Other tangible assets	018	9.300	9.300
9 Investment property	019	1.775.707	1.358.649
III FIXED FINANCIAL ASSETS (ADP 021 to 030)	020	511.747.785	513.000.738
1 Investments in holdings (shares) of undertakings within the group	029	424.406.807	424.607.189
2 Investments in other securities of undertakings within the group	022	0	0
3 Loans, deposits, etc. to undertakings within the group	023	85.506.383	86.439.932
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	0725	0	0
6 Loans, deposits etc. to companies linked by virtue of participating interests	026	0	0
7 Investments in securities	027	13.670	13.684
8 Loans, deposits, etc. given	028	1.820.925	1.939.933
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	033	0	0
interests
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	459.850.497	449.254.332
I INVENTORIES (ADP 039 to 045)	038	132.389.263	132.115.516
1 Raw materials and consumables	039	86.116.520	94.428.797
2 Work in progress	040	0	12.105.427
3 Finished goods 4 Merchandise	041 042	33.585.691 8.812.000	4.062.215
5 Advances for inventories	043	3.875.052	17.904.208
6 Fixed assets held for sale	044	0	3.614.869 0
7 Biological assets	045	0	0
II RECEIVABLES (ADP 047 to 052)	046	73.878.194	67.876.617
1 Receivables from undertakings within the group	047	36.568.429	22.868.511
2 Receivables from companies linked by virtue of participating	048	0	0
interests
3 Customer receivables	049	27.291.561	35.508.061

in HRK

4 Receivables from employees and members of the undertaking	050	15	94
5 Receivables from government and other institutions	051	7.670.427	5.007.041
6 Other receivables	052	2.347.762	4.492.910
III CURRENT FINANCIAL ASSETS (ADP 054 to 062)	053	253.366.282	249.209.487
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	244.945.825	234.467.409
4 Investments in holdings (shares) of companies linked by virtue of	057	0	0
participating interests
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	059	0	0
interests
7 Investments in securities	060	0	0
8 Loans, deposits, etc. given	061	7.720.457	14.742.078
9 Other financial assets	062	700.000	0
IV CASH AT BANK AND IN HAND	063	216.758 760.923	52.712
D ) PREPAID EXPENSES AND ACCRUED INCOME	064		481.703
E) TOTAL ASSETS (ADP 001+002+037+064) OFF-BALANCE SHEET ITEMS	065	1.110.049.907	1.116.456.845
LIABILITIES	066	80.761.205	75.217.812
A) CAPITAL AND RESERVES (ADP 068 to
	067	530.936.108	536.462.706
I INITIAL (SUBSCRIBED) CAPITAL II CAPITAL RESERVES	088	249.600.060	249.600.060
	069	10.368.101	10.368.101
III RESERVES FROM PROFIT (ADP 071+072-073+074+075)	070	51.711.553	51.711.553
1 Legal reserves	071	12.480.003	12.480.003
2 Reserves for treasury shares	072 073	39.231.550 0	39.231.550
3 Treasury shares and holdings (deductible item)	074	0	0 0
4 Statutory reserves 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	0749	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	236.919.469	219.256.394
1 Retained profit	0892	236.919.469	219.256.394
2 Loss brought forward	083	0	0
VII PROFIT OR LOSS FOR THE BUSINESS YEAR (ADP 085-086)	084	-17.663.075	5.526.598
1 Profit for the business year	035	0	5.526.598
2 Loss for the business year	086	17.663.075	0
VIII MINORITY (NON-CONTROLLING) INTEREST	087	0	0
B) PROVISIONS (ADP 089 to 094)	088	8.834.992	8.834.992
1 Provisions for pensions, termination benefits and similar obligations	089	0	0
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	8.834.992	8.834.992
C) LONG-TERM LIABILITIES (ADP 096 to 106)	095	86.354.623	69.194.934
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	099	0	0
participating interests
5 Liabilities for loans, deposits etc.	100	208.554	208.554
6 Liabilities to banks and other financial institutions	101	86.146.069	68.986.380
7 Liabilities for advance payments	102	0	0
8 Liabilities to suppliers	103	0	0

9 Liabilities for securities	104	O	0
10 Other long-term liabilities	105	0	0
11 Deferred tax liability	106	0	0
SHORT-TERM LIABILITIES (ADP 108 to 121) D)	107	483.133.105	501.353.637
1 Liabilities to undertakings within the group	108	43.081	5.172.478
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	6.462.091	4.477.466
6 Liabilities to banks and other financial institutions	113	281.072.338	297,186,104
7 Liabilities for advance payments	114	25.170.938	33.541.849
8 Liabilities to suppliers	115	167.748.686	157.014.630
9 Liabilities for securities	116	0	0
10 Liabilities to employees	117	1.554.340	1.557.295
11 Taxes, contributions and similar liabilities	118	840.710	726.087
12 Liabilities arising from the share in the result	119	30.963	30.963
13 Liabilities arising from fixed assets held for sale	120	0	0
14 Other short-term liabilities	121	209.958	1.646.765
E) ACCRUALS AND DEFERRED INCOME	122	791.079	610.576
F) TOTAL - LIABILITIES (ADP 067+088+095+107+122)	123	1.110.049.907	1.116.456.845
G) OFF-BALANCE SHEET ITEMS	124	80.761.205	75.217.812

STATEMENT OF PROFIT OR LOSS for the period 01.01.2019 to 31.03.2019

Submitter: VIRO TVORNICA ŠEĆERA d.d. d. B. J. B.

in HRK

Item		Same period of the previous year ADP		Current period
		Cumulative	Quarter	Cumulative	Quarter
1	2	3	4	5	6
I OPERATING INCOME (ADP 126 to 130)	125	198.732.211	198.732.211	90.828.179	90.828.179
1 Income from sales with undertakings within the group	126	28.334.008	28.334.008	8 202 282	8.202.282
2 Income from sales (outside group)	127	170.318.546	170.318.546	80.392.088	80.392.088
3 Income from the use of own products, goods and services	128	16.573	16.573	11.005	11.005
4 Other operating income with undertakings within the group	129	0	0	0	0
5 Other operating income (outside the group)	130	63.084	63.084	2.222.804	2.222.804
II OPERATING EXPENSES (ADP 132+133+137+141+142+143+146+153)	131	204 760.569	204.760.569	91% 72.959	91.172.959
1 Changes in inventories of work in progress and finished goods	132	81.221.659	81.221.659	17.418.050	17.418.050
2 Material costs (ADP 134 to 136)	133	109.718.497	109.718.497	61.564.961	61.564.961
a) Costs of raw materials and consumables	134	2.025.563	2.025.563	2.456.468	2.456.468
b) Costs of goods sold	135	96.584.206	96.584.206	53.855.601	53.855.601
c) Other external costs	136	11.108.728	11.108.728	5.252.892	5.252.892
3 Staff costs (ADP 138 to 140)	137	5.415.470	5.415.470	5.500.996	5.500.996
a) Net salaries and wages	138	3.429.593	3.429.593	3.510.487	3.510.487
b) Tax and contributions from salary costs	139	1.233.363	1.233.363	1.259.727	1.259.727
c) Contributions on salaries	140	752.514	752.514	730.782	730.782
4 Depreciation	141	6.351.424	6.351.424	4.605.200	4.605.200
5 Other costs	142	1.494.935	1.494.935	1.406.392	1.406.392
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 7 Provisions (ADP 147 to 152)	145 146	0 0	0 0	0	0
a) Provisions for pensions, termination benefits and similar obligations	147	0	0	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	558.584	558.584	677.360	677.360
III FINANCIAL INCOME (ADP 155 to 164)	154	31.629.289	31.629.289	9.936.335	9.936.335
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	156	0	0	0	0
virtue of participating interests
3 Income from other long-term financial investment and loans granted to	157	0	0	0	0
undertakings within the group
4 Other interest income from operations with undertakings within the	158	2.835.239	2.835.239	3.140.409	3.140.409
group
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	123.115	123.115	122.537	122.537
8 Exchange rate differences and other financial income	162	3.384.367	3.384.367	99.755	99.755
9 Unrealised gains (income) from financial assets	163	0	0	0	0
10 Other financial income	164	25.286.568	25.286.568	6.573.634	6.573.634
IV FINANCIAL EXPENSES (ADP 166 to 172)	165	6.708.437	6.708.437	4.064.957	4.064.957
1 Interest expenses and similar expenses with undertakings within the	166	61.235	61.235	0	0
group
2 Exchange rate differences and other expenses from operations with	167	1.629.284	1.629.284	0	0
undertakings within the group
3 Interest expenses and similar expenses	168	3.724.296	3.724.296	3.102.105	3.102.105
4 Exchange rate differences and other expenses	169	703.634	703.634	503.772	503.772
5 Unrealised losses (expenses) from financial assets 6 Value adjustments of financial assets (net)	170 171	0 0	0 0	0 0	0 0
7 Other financial expenses	172	589.988	589.988	459.080	459.080
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	175	0	0	0	0
PARTICIPATING INTEREST
VIII SHARE IN LOSS OF JOINT VENTURES	176	0	0	0	0
IX TOTAL INCOME (ADP 125+154+173 + 174)	1777	230.361.500	230.361.500	100.764.514	100.764.514
TOTAL EXPENDITURE (ADP 131+165+175 + 176) X	178	211.469.006	211.469.006	95.237.916	95.237.916
PRE-TAX PROFIT OR LOSS (ADP 177-178) XI	179	18.892.494	18.892.494	5.526.598	5.526.598
1 Pre-tax profit (ADP 177-178)	180	18.892.494	18.892.494	21526.598	212225338

2 Pre-tax loss (ADP 178-177)	181	0	0	0	0
XII INCOME TAX	182	0	0	0	0
XIII PROFIT OR LOSS FOR THE PERIOD (ADP 179-182)	183	18.892.494	18.892.494	5.526.598	5.526.598
1 Profit for the period (ADP 179-182)	184	18.892.494	18.892.494	5.526.598	5.526.598
2 Loss for the period (ADP 182-179)	185	0	0	0	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	136	0	0	0	0
(ADP 187-188)
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) interest	201	0	0	0	0
STATEMENT OF OTHER COMPREENSIVE INCOME (to be filled in by undertakings subject to IFRS)
I PROFIT OR LOSS FOR THE PERIOD	202	18.892.494	18.892.494	5.526.598	5.526.598
II OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAX	203	0	0	0	0
(ADP 204 to 211)
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 tinancial assets	206	0	0	0	0
available for sale
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	24	18.892.494	18.892.494	5.526.598	5.526.598
202+213)
APPENDIX to the Statement on comprehensive in 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

STATEMENT OF CASH FLOWS - indirect method for the period 01.01.2019 . to 31.03.2019.

Submitter: VIRO TVORNICA SECERA d.d.			in HKK
Item	ADP code	Same period of the previous year	Current period
1	ST	3	4
Cash flow from operating activities
1 Pre-tax profit	001	18.892.494	5.526.598
2 Adjustments (ADP 003 to 010):	002	6.351.424	4.605.200
a) Depreciation b) Gains and losses from sale and value adjustment of fixed tangible and	003	6.351.424	4.605.200
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)	0-11	25.243.918	10.131.798
3 Changes in the working capital (ADP 013 to 016)	01 2	-105.035.113	14.279.543
a) Increase or decrease in short-term liabilities	013	-45.733.064	3.591.392
b) Increase or decrease in short-term receivables	014	-33.536.225	6.001.577
c) Increase or decrease in inventories	015	60.224.809	273.747
d) Other increase or decrease in working capital	016	-85.990.633	4.412.827
Il Cash from operations (ADP 011+012)	017	-79.791.195	24.411.341
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	-79.791.195	24.411.341
Cash flow from investment activities 1 Cash receipts from sales of fixed tangible and intangible assets	021	372.109	1.309.253
2 Cash receipts from sales of financial instruments	022	0	0
3 Interest received	023	12.180	0
4 Dividends received	024	0	0
5 Cash receipts from repayment of loans and deposits	025	0
6 Other cash receipts from investment activities	026	135.840	80.014
Ill Total cash receipts from investment activities (ADP 021 to 026)	027	520.129	1.389 267
1 Cash payments for the purchase of fixed tangible and intangible assets	028	-661.380	-21.943.823
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	-1.332.966
IV Total cash payments from investment activities (ADP 028 to 032)	033	-661.380	-23.276.789
B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033)	034	-141.251	-21.887.522
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	161.833.308	38.580.777
4 Other cash receipts from financing activities	038	5.500.000	1.500.000
V Total cash receipts from financing activities (ADP 035 to 038)	039	167.333.308	40.080.77
1 Cash payments for the repayment of credit principals, loans and other borrowings and debt financial instruments	040	-125.700.160	-39.283.131
2 Cash payments for dividends	041	0	0
3 Cash payments for finance lease	042	-153.778	-85.511
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	-13.500.000	-3.400.000
VI Total cash payments from financing activities (ADP 040 to 044)	045	-139.353.938	-42.768.642
C) NET CASH FLOW FROM FINANCING ACTIVITIES (ADP 039 +045)	046	27.979.370	-2.687.865
1 Unrealised exchange rate differences in respect of cash and cash equivalents	047		0
D) NET INCREASE OR DECREASE IN CASH FLOWS (ADP 020+034+046+047)	048	-51.953.076	-164.046
E) CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD	049	62.683.134	216.758
F) CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD(ADP 048+049)	050	107600058	52.712

STATEMENT OF CHANGES IN EQUITY
	31 34 12 2010
	to period from 1 1 2019

്ര 1,1,2019	21.15.2018
13 Hem	ADP Contr	12-14 Canner	Gapital rekarva		sury share
evious period -
1 Balance on the first day of the previous business year 2 Changes in accounting policies 3 Correction of errors	6 % %	0 0 249,000 000	10,368,10	12.480.003	39.231.550 00				236.919.489	000	183 007 MTS
4 Balance on the first day of the previous business year (restated) (ADP 01 to	80				10
5 Profit/loss of the period 03)	05	249,000,000	10.368.10	0 12.480.003	39.231		0 0		160 230 019	17.663.075	548,500. 17.000	000	-17 663.0 548 509
6 Exchange rate differences from translation of foreign operations	80	000							010
7 Changes in revaluation reserves of fixed tangible and intangible assets	07
6 Profit or loss arising from subsequent measurement of financial assets available for 020	80	0 10
operati investment in a foreign 9 Profit or loss arising from effective cash flow hedge 10 Profit or loss arising from effective hedge of a net	09 0	್ರಿ
incoma/loss of companies linked by virtua of
12 Actuarial gains/losses on the defined benefit obligation 11 Share in other comprehensive participating interests	11	0000
13 Other changes in equilty unrelated to owners	2 2 =
15 Increase/decrease in initial (subscribed) capital (other than from reinvesting profit and other than arising from the pro-bankruptcy settlement procedure) 14 Tax on transactions recognised directly in equity
	15	0
16 Increase in initial (subscribed) capital arising from the reinvestment of profit.	16	0
17 increase in initial (subscribed) capital arising from the pro-bankruptcy settlement procedure	17
18 Redemplion of treasury shares/holding1 10 Payment of share in profit/dividend	81
20 Other distribution to owners
21 Transfar to reserves according to the annual schedule	ន ន ត	000000										00000
22 increase in reserves arising from the pre-bankruptcy sellement procedure 23 Balance on the last day of the previous business year reporting period (04 to	ಬ	0
	23	249,600,000	10.368,10	12.480.001	231 8
APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by un I OTHER COMPREHENSIVE INCOME OF THE PREVIOUS PERIOD, NET OF TAX (ADP 06 to 14)	that nge જ	ପ w up financial sts	nts in socordary
II comprehensive Income or loss for the previous period (adp 05+24)	25	0								-17.683.075	-17,063.075		17.663.07
III TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED	26	0
DIRECTLY IN EQUITY (ADP 15 to 22) Current period
1 Balance on the first day of the current business year	u	249,600,060	10.358.10	12.480.003	39.231.550						530,936		530.936.
Changes in accounting policies 3 Correction of errors	પર 82	o o							219 256 394	000
4 Balance on the first day of the current business year (restated) (ADP 27 to 20)	30	249 600,000	10.368.10	130.000	ત્ત્વ 39.231				90-4 219 256		530,936		530,935
5 Profit/loss of the period	31									500 5 526.	5.620		5.526.54
6 Exchange rate differences from translation of foreign operations	32						0 0
7 Changes in revaluation reserves of fixed tangible and intangible assets	ದ	0000000
8 Profit or loss arising from subsequent measurement of financial assets available for sale	2
9 Profit or loss arising from effective cash flow hedge	St
10 Profit or loss arising from effective hedge of a net investment in a foreign operation	36	0
11 Share in other comprehensive income/loss of companies linked by virtue of participating interests	18
12 Actuarial gains/losses on the defined benefit obligation	ಕ್ಕೆ
13 Other changes in equily unrelated to owners 14 Tax on transactions recognised directly in equity	ಕ್ಕೆ ફ
15 increase in intial (subscribed) capital (other than trom reinvesting profit and other than arising from the pro-bankruptcy settlement procedure)	41	00000
18 Increase in initial (subscribed) capital arising from the reinvestment of profit.	42	0
17 Increase in initial (subscribed) capital arising from the pro-bankruptcy settlement	43
18 Redemption of treasury shares/holdings procedure	=
19 Payment of share in profit/dividend	st
20 Other distribution to owners	5	000000
21 Transfer to roserves according to the annual schoolsie 22 increase in reserves acising from the pre-bankruptcy settlement procedure	જુ
23 Balance on the last day of the current business year reporting period (ADP 30 to 45)	e	249.600.060	10.368.10	12 480 003	39.231.				219,256,	5.526	536,462
APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by un I OTHER COMPREHENSIVE INCOME FOR THE CURRENT PERIOD, NET OF	that	aw up financial stat	ente in sooordan	08%
(ADP 32 to 40) TAX	50	0
II COMPREHENSIVE INCOME OR LOSS FOR THE CURRENT PERIOD (ADP	રું ર	0								5,526,698	5 526 506		5.526.59
III TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED 31+50)
DIRECTLY IN EQUITY (ADP 41 to 48)	52