Viro Tvornica ŠEĆERA d.d.

Quarterly Report • Jul 31, 2019

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

With this statement, in compliance with article 407, paragraph 2, an 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-VI 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.
• the half year financial reports are not audited.

In Virovitica, on July 26, 2019

RESPONSIBLE PERSON

PRESIDENT OF THE MANAGEMENT BOARD:

Željko Zadro, dipl.oec

Ivo Rešić, Member of the Management Board

Darko Krstig, Member pf the Management Board

Annex 1		ISSUER'S GENERAL DATA
Reporting period:		01.01.2019.	to	30.06.2019.
Year:		2019
Quarter:		1
		Quarterly financial statements
egistration number (MB):	01650971		Issuer's home Member State code:	HR
Entity's registration number (MBS):	010049135
Personal identification number (OIB):	04525204420		LEI:	5493006LGN8RLWC2UL05
Institution code:	1569
	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 (end of the reporting	16
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: No No No (Yes/No)			(name of the bookkeeping firm)
	Contact person: ZDENKA SMOJVER (only name and surname of the contact person)
	Telephone: 033 840 122
	E-mail address: racunovodstvo-viro@secerana.hr
Audit firm:
Certified auditor:	(name of the audit firm)
	(name and surname)

BALANCE SHEET balance as at 30.06.2019

in HRK

Submitter:VIRO TVORNICA SECERA d.d.
item		Last day of the preceding business vear	At the reporting date of the current period
1	2	SP	4
A) RECEIVABLES FOR SUBSCRIBED CAPITAL UNPAID	001	0	0
B) FIXED ASSETS (ADP 003+010+020+031+036)	002	649.438.487	573.904.449
I INTANGIBLE ASSETS (ADP 004 to 009)	003	2.266.166	0
1 Research and development	004	0	0
2 Concessions, patents, licences, trademarks, software and other rights	005	2.266.166	0
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	67.367.319
1 Land	011	5.548.592	23.538.630
2 Buildings	012	59.336.370	1.111.601
3 Plant and equipment	013	32.708.188	5.434.953
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	33.707.134
7 Tangible assets in preparation	017	2.230.095	2.230.095
8 Other tangible assets	048	9.300	9.300
9 Investment property	019	1.775.707	1.335.606
III FIXED FINANCIAL ASSETS (ADP 021 to 030)	020	511.747.785	506.537.130
1 Investments in holdings (shares) of undertakings within the group	021	424.406.807	419.127.285
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	86.935.396
4. Investments in holdings (shares) of companies linked by virtue of	024	0	0
participating interests 5 Investment in other securities of companies linked by virtue of		0	0
participating interests	025
6 Loans, deposits etc. to companies linked by virtue of participating interests	026		0 0
7 Investments in securities	0927	13.670	17.790
8 Loans, deposits, etc. given	028	1.820.925	456.659
9 Other investments accounted for using the equity method	029		0 0
10 Other fixed financial assets	030		00 0
IV RECEIVABLES (ADP 032 to 035)	031		0 0
1 Receivables from undertakings within the group	032		0
2 Receivables from companies linked by virtue of participating interests	033		0 0
3 Customer receivables	034		0 O
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	607.196.974
INVENTORIES (ADP 039 to 045)	038	132.389.263	115.114.272
1 Raw materials and consumables	039	86.116.520	13.444.426
2 Work in progress	040		0 0
3 Finished goods	041	33.585.691	87.882.578
4 Merchandise	042	8.812.000	10.434.626
5 Advances for inventories	043	3.875.052	3.352.642
6 Fixed assets held for sale	044		0 0
7 Biological assets	045		0 0
II RECEIVABLES (ADP 047 to 052)	046	73.878.194	279.881.426
1 Receivables from undertakings within the group	047	36.568.429	243.217.659
2 Receivables from companies linked by virtue of participating	048		0 0
interests 3 Customer receivables	049	27.291.561	36.400.156

4 Receivables from employees and members of the undertaking	050	15	97
	051	7.670.427	70.234
5 Receivables from government and other institutions 6 Other receivables	052	2.347.762	193.280
III CURRENT FINANCIAL ASSETS (ADP 054 to 062)	053	253,366.282	200.686.265
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
	056	244.945.825	200.201.767
3 Loans, deposits, etc. to undertakings within the group
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	059	0	0
interests 7 Investments in securities	060	0	0
8 Loans, deposits, etc. given	061	7.720.457	484.498
9 Other financial assets	062	700.000	0
IV CASH AT BANK AND IN HAND	063	216.758	11.515.011
D ) PREPAID EXPENSES AND ACCRUED INCOME	064	760.923	618.472
E) TOTAL ASSETS (ADP 001+002+037+064)	065	1.110.049.907	1.181.719.895
OFF-BALANCE SHEET ITEMS	066	80.761.205	163.352.027
LIABILITES
A) CAPITAL AND RESERVES (ADP 068 to	067	530.936.108	636.883.514
I INITIAL (SUBSCRIBED) CAPITAL	068	249.600.060	249.600.060
II CAPITAL RESERVES	069	10.368.101	10.368.101
III RESERVES FROM PROFIT (ADP 071+072-073+074+075)	070	51.711.553	51.100.618
	071	12.480.003	12.480.003
1 Legal reserves	07/2	39.231.550	38.620.615
2 Reserves for treasury shares 3 Treasury shares and holdings (deductible item)	073	O	0
	074	O	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	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	236.919.469	219.256.394
1 Retained profit	082	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	106.558.341
1 Profit for the business year	085	0	106.558.341
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	0889	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	51.625.084
1 Liabilities to undertakings within the group	096	0	O
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	208.554	104.277
6 Liabilities to banks and other financial institutions	101	86.146.069	51.520.807
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	O	0
11 Deferred tax liability	106	0	0
D) SHORT-TERM LIABILITIES (ADP 108 to 121)	107	483.133.105	484.311.031
1 Liabilities to undertakings within the group	108	43.081	2.941.331
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	O
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	19.363.109
6 Liabilities to banks and other financial institutions	113	281.072.338	176.977.945
7 Liabilities for advance payments	114	25.170.938	15.095.127
8 Liabilities to suppliers	115	167.748.686	235.142.678
9 Liabilities for securities	116	0	0
10 Liabilities to employees	117	1.554.340	196.912
11 Taxes, contributions and similar liabilities	118	840.710	29.918.641
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	O
14 Other short-term liabilities	121	209.958	4.644.325
E) ACCRUALS AND DEFERRED INCOME	122	791.079	65.274
TOTAL - LIABILITIES (ADP 067+088+095+107+122)	123	1.110.049.907	1.181.719.895
G) OFF-BALANCE SHEET ITEMS	124	80.761.205	163.352.027

STATEMENT OF PROFIT OR LOSS for the period 01.01.2019 to 30.06.2019

in HRK

Submitter: VIRO TVORNICA SECERA d.d.		Same period of the previous year		Current period
Item		Quarter Cumulative		Quarter Cumulative
1	2	8	4	5	6
OPERATING INCOME (ADP 126 to 130)	125	331.656.828	132.924.617	415.527.648	324.699.469
1 Income from sales with undertakings within the group	126	41.098.459	12.764.451	12.037.519	3.835.237
2 Income from sales (outside group)	127	282.370.197	112.051.651	279.166.879	198.774.791
3 Income from the use of own products, goods and services	128	21.903	5.330	16.700	5.695
4 Other operating income with undertakings within the group	129	0	0	O
5 Other operating income (outside the group)	130	8.166.269	8.103.185	124.306.550	122.083.746
II OPERATING EXPENSES (ADP 132+133+137+141+142+143+146+153)	131	346.304.382	141.543.813	322.254.199	231.081.240 -71.714.937
1 Changes in inventories of work in progress and finished goods	132	97.477.363	16.255.704	-54.296.887	293.628.388
2 Material costs (ADP 134 to 136)	133	218.545.922	108.827.425	355.193.349	170.676.995
a) Costs of raw materials and consumables	134	4.652.890	2.627.327	173.133.463	117.870.344
b) Costs of goods sold	135	193.844.974	97.260.768	171.725.945 10.333.941	5.081.049
c) Other external costs	136	20.048.058	8.939.330	10.258.407	4.757.411
3 Staff costs (ADP 138 to 140)	137	10.946.418	5.530.948 3.501.131	6.464.634	2.954.147
a) Net salaries and wages	138	6.930.724	1.261.122	2.433.684	1.173.957
b) Tax and contributions from salary costs	139	2.494.485	768.695	1.360.089	629.307
c) Contributions on salaries	140	1.521.209 12.682.268	6.330.844	6.010.238	1.405.038
4 Depreciation	141 142	2.974.902	1.479.967	2.847.680	1.441.288
5 Other costs	143	0	0	O	0
6 Value adjustments (ADP 144+145)	144	O	0	0	0
a) fixed assets other than financial assets	145	0	O	0	0
b) current assets other than financial assets	146	O	0	0	0
7 Provisions (ADP 147 to 152)	147	0	0	0	0
a) Provisions for pensions, termination benefits and similar obligations	148	0	0	0	0
b) Provisions for tax liabilities	149	0	0	0	0
c) Provisions for ongoing legal cases	150	0	0	0	0
d) Provisions for renewal of natural resources	151	0	0	0	0
e) Provisions for warranty obligations	152	0	O	O	0
f) Other provisions	153	3.677.509	3.118.925	2.241.412	1.564.052
8 Other operating expenses	154	46.755.085	15.125.796	23.935.924	13.999.589
III FINANCIAL INCOME (ADP 155 to 164) 1 Income from investments in holdings (shares) of undertakings within	155	0	0	0
the group 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
undertakings within the group 4 Other interest income from operations with undertakings within the	158	6.420.032	3.584.793	5.963.354	2.822.945
group 5 Exchange rate differences and other financial income from operations	159	0	0	0	0
with undertakings within the group		0	0	0
6 Income from other long-term financial investments and loans	160	277.254	154.139	144.286	21.749
7 Other interest income	161 162	6.129.918	2.745.551	1.844.968	1.745.213
8 Exchange rate differences and other financial income	163	0	0	0
9 Unrealised gains (income) from financial assets	164	33.927.881	8.641.313	15.983.316	9.409.682
10 Other financial income	165	12.988.043	6.279.606	10.651.032	6.586.075
IV FINANCIAL EXPENSES (ADP 166 to 172) 1 Interest expenses and similar expenses with undertakings within the	166	61.439	204	671.993	671.993
group 2 Exchange rate differences and other expenses from operations with	167	2.928.876	1.299.592	0
undertakings within the group	168	7.498.895	3.774.599	6.333.266	3.231.161
3 Interest expenses and similar expenses	169	1.160.779	457.145	972.454	468.682
4 Exchange rate differences and other expenses	170	O	O	0
5 Unrealised losses (expenses) from financial assets	171	0	O	0
6 Value adjustments of financial assets (net) 7 Other financial expenses	172	1.338.054	748.066	2.673.319	2.214.239
SHARE IN PROFIT FROM UNDERTAKINGS LINKED BY VRITUE OF	173	0	0	0
PARTICIPATING INTERESTS SHARE IN PROFIT FROM JOINT VENTURES	174	0	O	0
VI VII SHARE IN LOSS OF COMPANIES LINKED BY VIRTUE OF	175	0	O	0
PARTICIPATING INTEREST	176	0	0	0
VIII SHARE IN LOSS OF JOINT VENTURES	177	378.411.913	148.050.413	439.463.572	338.699.058
TOTAL INCOME (ADP 125+154+173 + 174)	178	359.292.425	147.823.419	332.905.261	237.667.315
TOTAL EXPENDITURE (ADP 131+165+175 + 176)	179	19.119.488	226.994	106.558.341	101.031.743
PRE-TAX PROFIT OR LOSS (ADP 177-178)		19.119.488	226.994	106.558.341	101.031.743

2 Pre-tax loss (ADP 178-177)	181	O	0	O	0 0
XII INCOME TAX	182	0	0	0
XIII PROFIT OR LOSS FOR THE PERIOD (ADP 179-182)	183	19.119.488	226.994	106.558.341	101 08 7 7 3
1 Profit for the period (ADP 179-182)	184	19.119.488	226.994	106.558.341	101.031.743
2 Loss for the period (ADP 182-179)	185	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	186	0	0	O
(ADP 187-188)		0	0	0
1 Pre-tax profit from discontinued operations	187		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
1 Discontinued operations profit for the period (ADP 186-189)	190	0	0	0
2 Discontinued operations loss for the period (ADP 189-186)	191	0	O
TOTAL OPERATIONS (to be filled in only by undertakings subject to IFRS with discontinued operations				0
XVI PRE-TAX PROFIT OR LOSS (ADP 179+186)	192	0	0	0	0
1 Pre-tax profit (ADP 192)	193	O	0	0	0
2 Pre-tax loss (ADP 192)	194	0	0 0	0	0
XVII INCOME TAX (ADP 182+189)	195	0		0	0
XVIII PROFIT OR LOSS FOR THE PERIOD (ADP 192-195)	196	0	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
APPENDIX to the P&L (to be filled in by undertakings that draw up consolidated annual financial statements)				0	0
XIX PROFIT OR LOSS FOR THE PERIOD (ADP 200+201)	199	0	O	0	0
1 Attributable to owners of the parent	200	0	0	0	0
2 Attributable to minority (non-controlling) interest	201	0	0
STATEMENT OF OTHER COMPRHENSIVE INCOME (to be filled in by undertakings subject to IFRS)			226.994	106.558.341	101.031.743
I PROFIT OR LOSS FOR THE PERIOD	202	19.119.488
II OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAX	203	0	0	0	0
(ADP 204 to 211)	204	0	0	0	0
1 Exchange rate differences from translation of foreign operations				0	0
2 Changes in revaluation reserves of fixed tangible and intangible assets	205	0	0
3 Profit or loss arising from subsequent measurement of financial 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	208	0	0	0	0
foreign operation 6 Share in other comprehensive income/loss of companies linked by		0	0	0	0
virtue of participating interests	209
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	214	19.119.488	226.994	106.558.341	101.031.743
202+213)
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	215	0	0	0
216+217)		0	0	0
1 Attributable to owners of the parent	216	0	0	0
2 Attributable to minority (non-controlling) interest	217				0

STATEMENT OF CASH FLOWS - indirect method for the period 01.01.2019 . to 30.06.2019.

Submitter: VIRO TVORNICA SECERA d.d.
Item	ADP code	Same period of the previous year	Current period
	2	SP	4
Cash flow from operating activities
1 Pre-tax profit	001	19.119.488	106.558.341
2 Adjustments (ADP 003 to 010):	002	12.682.268	6.010.238
a) Depreciation	003	12.682.268	6.010.238
b) Gains and losses from sale and value adjustment of fixed tangible and	004	0	0
intangible assets
c) Gains and losses from sale and unrealised gains and losses and value	005	0	0
adjustment of financial assets	006	0	0
d) Interest and dividend income	007	0	0
e) Interest expenses	008	0	0
f) Provisions g) Exchange rate differences (unrealised)	009	0	0
h) Other adjustments for non-cash transactions and unrealised gains and			0
losses	010	0
I Cash flow increase or decrease before changes in working capital		31.801.756	112.568.579
(ADP 001+002)	011
3 Changes in the working capital (ADP 013 to 016)	012	-158.868.259	-52.186.909
a) Increase or decrease in short-term liabilities	013	-123.677.584	91.720.964
b) Increase or decrease in short-term receivables	014	15.204.309	-206.003.232
c) Increase or decrease in inventories	015	77.362.573	17.274.991
d) Other increase or decrease in working capital	016	-127.757.557	44.820.368
II Cash from operations (ADP 011+012)	017	-127.066.503	60.3811670
4 Interest paid	018	0
5 Income tax paid	019	0	0
A) NET CASH FLOW FROM OPERATING ACTIVITIES (ADP 017 to 019)	020	-127.066.503	60.381.670
Cash flow from investment activities
1 Cash receipts from sales of fixed tangible and intangible assets	021	28.955	87.608.345
2 Cash receipts from sales of financial instruments	022	0
3 Interest received	023	5.102.187	6.777.430
4 Dividends received	024	75.390	0
5 Cash receipts from repayment of loans and deposits	025
6 Other cash receipts from investment activities	026	10.918.196	7.058.313
	027	16.124.728	101.444.088
III Total cash receipts from investment activities (ADP 021 to 026)
1 Cash payments for the purchase of fixed tangible and intangible assets	028	-664.324	-23.295.200
2 Cash payments for the acquisition of financial instruments	029	O	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	-166.828	-1.847.658
IV Total cash payments from investment activities (ADP 028 to 032)	033	-831.152	-25.142.858
B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033)	034	15.293.576	76.301.230
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	304.325.331	53.539.909
4 Other cash receipts from financing activities	038	5.500.000	1.900.000
V Total cash receipts from financing activities (ADP 035 to 038)	039	309.825.331	55.439.909
1 Cash payments for the repayment of credit principals, loans and other		-217.997.370	-176.154.169
borrowings and debt financial instruments	040
2 Cash payments for dividends	041	0	0
3 Cash payments for finance lease	042	-410.912	-259.452
4 Cash payments for the redemption of treasury shares and decrease in	043	-4.635.120	-610.935
initial (subscribed) capital

5 Other cash payments from financing activities	044	-13.500.000	-3.800.000
VI Total cash payments from financing activities (ADP 040 to 044)	045	236.543.402	-180 824 556
C) NET CASH FLOW FROM FINANCING ACTIVITIES (ADP 039 +045)	046	73.281.929	-125.384.647
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	-38.490.998	11.298.253
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	24.192.136	11.515.011

STATEMENT OF CHANGES IN EQUITY for the period from 1.1.2019 to to 30.6.2019
Been	ない	,在第一次的	,
wlous period period										236.919
1 Balance on the first day of the previous business year 2 Changes in accounting policies	2 8 8	0 249,600.050	0 10,368,101	12.480.003	39.231
3 Correction of errors			0	17:480-003	30-231.55					236.919		DOW BY I	648.599
4 Balance on the first day of the previous business year (restated) (ADP 01 to 03) 20	3	249,600,060	10,368,101										-17.663
5 Exchange rate differences from translation of foreign operations 5 Profitiloss of the period	SC
7 Changes in revaluation reserves of fixed tangible and intangible assets	20
for 8 Profit or loss arising from subsequent measurement of financial assets available ald	8
Profit or loss arising from effective cash flow hedge	22
10 Profit or loss arising from effective hedge of a net investment in a foreign operation	10
11 Share in other comprehensive income/loss of companies linked by virtue of participating interests 12 Actuarial gains/losses on the defined benefit obligation	=
	ਟੂ 2
	2	の	0
13 Other changes in aquity unelefod in owners 14 Tax cn transactions recognised dreatly in equily 15 increase/decrease in inflal (subscribed) capital (other than hom reinvest	16			0
	16			0
If increase in initial (subscribed) capital arising from the reinvestment of profit
' increase in initial (subscribed) capital arising from the pro-bankruptcy settlement ocedure	17	0		0
18 Redemption of treasury shares holdings	18 0			000
19 Payment of share in profili/dividend 20 Other distribution to owners	8 %		000000
	ದ			0									530 636
21 Transfer in reserves according to the arnual schedule 22 Increase in reserves arising from the pre-bankruptsy settlement procedure 23 Balance on the last day of the previo	દર	249,000.060	10.368.101	12 480.00	30 231
PPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by	000	5	te in accordar
I OTHER COMPREHENSIVE INCOME OF THE PREVIOUS PERIOD, NET OF I TAX (ADP 06 to 14)	24
											-17.663.07	-17,563.075	-17.663.
II COMPREHENSIVE INCOME OR LOSS FOR THE PREVIOUS PERIOD (ADP 05+24)	25
III TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 1510 22)	26
										219,256,394		530.935	530
urrent period -		249.600,060	10,358,101	2.480.003	39.231,650
Balance on the first day of the current business year. Changes in accounting policies	版 彩 彩			0 0									530 936.106
3 Correction of errors	8	249 800 OAL	10 368,101	12.480.003	9.231	W				219,266,394		108 530,939
4 Balance on the first day of the current business year (restated) (ADP 27 to 29)	18										06.558.341	10日 568	100,558
6 Exchange rate differences from translation of foreign operations 5 Profit/loss of the period	ದ್			0000000
7 Changes in revaluation reserves of fixed tangible and intangible assets	ದ
10 Profit or loss arising from subsequent measurement of financial assets available	34
9 Profit or loss arising from effective cash flow hedge 1850 -	St
In Profit or loss arising from effective hedge of a net investment in a foreign operation	ಳಿಕ
11 Share in other comprehensive income/loss of companies linked by virtue of participating interests	11			0000000
	第 9 8
12 Acharlal gainsineer on the Gelmes berefit obligation 13 Other changes in equipelated to clares 11 Other charges in equipend corealist in climate from than from reinvestin	2	11/11/2		0
Increase in intial (subscribed) capital arising from the reinvestment of profit	42
17 Increase in intial (subscribed) capital arising from the pro-bankruptcy settlement procedure	ಲ್												610,935
18 Redemption of treasury shares/holdings	3 5 %
19 Payment of share in profil/dividend 20 Other distribution to owners
	2 ಿ ಕ
21 Transfer in reserves aconding to the arnual schedule 22 increate in reserves arising from the pro-bankruptize sediure 23 Balance on the last day of the current business ye	49	249.600.060	10,368,101	12.480.003							08 558	636 883 5
APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by the 30 to 48)		2141 00 5	oppe til #1
TAX	50
II COMPREHENSIVE INCOME OR LOSS FOR THE CURRENT PERIOD (ADP 31+50) (ADP 32 to 40)	51		0								106.558.341	106,558.341	106,558,341
III TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED			0		-610 931							-610
CAPITS 48 1- 491	52