Viro Tvornica ŠEĆERA d.d.

Quarterly Report • Feb 29, 2020

STATEMENT OF PERSON RESPONSIBLE FOR PRODUCTION OF THE THREE-MONTH REPORT FOR 4Q 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-XII 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 quarterly financial reports are not audited.

In Virovitica, on February 24, 2020

Darko Krstig; Member of the Management Board

RESPONSIBLE PERSON

PRESIDENT OF THE MANAGEMENT BOARD:

Željko Zadro, dipl.oec

Ivo Rešić, Member of the Management Board

Annex 1		ISSUER'S GENERAL DATA
Reporting period:		01.01.2019.	to	31.12.2019.
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)
	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:
Certified auditor:	(name of the audit firm)
	(name and surname)

BALANCE SHEET balance as at 31.12.2019

Submitter:VIRO TVORNICA SECERA d.d.
Item		Last day of the preceding business vear	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	649.438.487	539.123.292
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			0
rights	005	2.266.166
3 Goodwill	006	O	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	65.191.679
1 Land	011	5.548.592	23.538.630
2 Buildings	012	59.336.370	1.824.100
3 Plant and equipment	013	32.708.188	2.384.080
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	33.930.280
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	1.275.194
III FIXED FINANCIAL ASSETS (ADP 021 to 030)	020	511.747.785	473.931.613
1 Investments in holdings (shares) of undertakings within the group	0221	424.406.807	407.586.783
2 Investments in other securities of undertakings within the group	072	0	0
3 Loans, deposits, etc. to undertakings within the group	023	85.506.383	63.021.922
4. Investments in holdings (shares) of companies linked by virtue of			0
participating interests	024	0
5 Investment in other securities of companies linked by virtue of	025	0	0
participating interests
6 Loans, deposits etc. to companies linked by virtue of participating	026	0	0
interests
7 Investments in securities	027	13.670	17.908
8 Loans, deposits, etc. given	028	1.820.925	3.305.000
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	O	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	459.850.497	331.477.748
I INVENTORIES (ADP 039 to 045)	033	132.389.263	28.212.970
1 Raw materials and consumables	039	86.116.520	536.945
2 Work in progress	040	0	0
3 Finished goods	041	33.585.691	7.687.154
4 Merchandise	042	8.812.000	18.727.690
5 Advances for inventories	043	3.875.052	1.261.181
6 Fixed assets held for sale	044	O	0
7 Biological assets	045	0	0
IFRECEIVABLES (ADP 047 to 052)	046	73.878.194	90.803.946
1 Receivables from undertakings within the group	047	36.568.429	66.946.877
2 Receivables from companies linked by virtue of participating
interests	048	0	0
3 Customer receivables	049	27 291 561	20 832 602

in HRK

4 Receivables from employees and members of the undertaking	050	15	0
5 Receivables from government and other institutions		7.670.427	2.491.595
6 Other receivables	052	2.347.762	532.872
III CURRENT FINANCIAL ASSETS (ADP 054 to 062)	053	253.366.282	210.634.639
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	207.690.998
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	058	0	0
participating interests 6 Loans, deposits etc. to companies linked by virtue of participating
interests	059	0	0
7 Investments in securities	080	0	0
8 Loans, deposits, etc. given	061	7.720.457	2.943.641
9 Other financial assets	062	700.000	0
IV CASH AT BANK AND IN HAND	063	216.758	1.826.193
D ) PREPAID EXPENSES AND ACCRUED INCOME	064	760.923	73.778
E) TOTAL ASSETS (ADP 001+002+037+064)	065	1.110.049.907	870.674.818
OFF-BALANCE SHEET ITEMS	066	80.761.205	90.251.402
LIABILITES
A) CAPITAL AND RESERVES (ADP 068 to	067	530.936.108	630.725.003
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
1 Legal reserves	071	12.480.003	12.480.003
2 Reserves for treasury shares	072	39.231.550	38.620.615
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	0749	0	0
3 Hedge of a net investment in a foreign operation - effective portion	030	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	100.399.830
1 Profit for the business year	035	0	100.399.830
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	O	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	003	O	0
6 Other provisions	094	8.834.992	8.834.992
C) LONG-TERM LIABILITIES (ADP 096 to 106)	095	86.354.623	0
1 Liabilities to undertakings within the group	096	0	0
2 Liabilities for loans, deposits, etc. of undertakings within the group	097	O	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	0
6 Liabilities to banks and other financial institutions	101	86.146.069	0
7 Liabilities for advance payments	102	O	0
8 Liabilities to suppliers	103	0	0

9 Liabilities for securities		0	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	231.079.230
1 Liabilities to undertakings within the group	108	43.081	1.560.347
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	19.363.109
6 Liabilities to banks and other financial institutions	113	281.072.338	0
7 Liabilities for advance payments	114	25.170.938	6.944.781
8 Liabilities to suppliers	115	167.748.686	202.016.867
9 Liabilities for securities	116	0	0
10 Liabilities to employees	117	1.554.340	164.390
11 Taxes, contributions and similar liabilities	118	840.710	623.920
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	374.853
E) ACCRUALS AND DEFERRED INCOME	122	791.079	35.593
TOTAL - LIABILITIES (ADP 067+088+095+107+122)	123	1.110.049.907	870.674.818
G) OFF-BALANCE SHEET ITEMS		80.761.205	90.251.402

STATEMENT OF PROFIT OR LOSS for the period 01.01.2019 to 31.12.2019

Submitter: VIRO TVORNICA ŠEĆERA d.d.

Item			Same period of the previous year	Current period
		Cumulative	Quarter	Cumulative	Quarter
1	2	3	A	5	રુ
I OPERATING INCOME (ADP 126 to 130)	125	547.721.980	110.005.889	651.928.781	70.536.226
1 Income from sales with undertakings within the group	126	50.205.871	4.585.159	43.403.466	18.667.500
2 Income from sales (outside group)	127	477.419.070	100.230.390	452.032.568	32.999.822
3 Income from the use of own products, goods and services	128	56.096	26.142	34.469	12.170
4 Other operating income with undertakings within the group	129	200.947	200.947	0	0
5 Other operating income (outside the group)	130	19.839.996	4.963.251	156.458.228	18.856.734
II OPERATING EXPENSES (ADP 132+133+137+141+142+143+146+153)	131	609.567.032	162.844.997	560.705.675	63.808.279
1 Changes in inventories of work in progress and finished goods	132	84.799.681	-4.886.994	25.875.196	14.474.855
2 Material costs (ADP 134 to 136)	133	443.507.607	131.619.532	490.537.285	42.076.463
a) Costs of raw materials and consumables	134	110.021.200	98.110.338	186.840.468	12.885.496
b) Costs of goods sold	135	295.196.809	25.127.883	280.291.683	23.958.816
c) Other external costs	136	38.289.598	8.381.311	23.405.134	5.232.151
3 Staff costs (ADP 138 to 140)	137	24.298.618	6.58 LOTT	12.031.230	821.287
a) Net salaries and wages	138 139	15.245.560 5.695.085	4.123.871 1.558.799	7.454.377 2.965.677	456.202 248.765
b) Tax and contributions from salary costs c) Contributions on salaries	140	3.352.973	898.401	1.611.176	116.320
4 Depreciation	141	23.853.533	4.852.911	8.290.916	1.972.161
5 Other costs	142	6.210.291	1.942.463	4.878.490	746.670
6 Value adjustments (ADP 144+145)	143	10.759.251	10.759.251	0	0
a) fixed assets other than financial assets	144	O	O	0	0
b) current assets other than financial assets	145	10.759.251	10.759.251	0	0
7 Provisions (ADP 147 to 152)	146	1.945.949	1.945.949	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	1.945.949	1.945.949	0	0
8 Other operating expenses	153	14.197.102	10.030.814	19.092.558	3.716.843
III FINANCIAL INCOME (ADP 155 to 164)	154	68.674.110	14.770.145	32.561.766	5.050.187
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
undertakings within the group	157	0	0	0	0
4 Other interest income from operations with undertakings within the group	158	12.576.189	1.893.725	12.092.528	3.359.508
5 Exchange rate differences and other financial income from operations	159	1.117.718	1.117.718	0	0
with undertakings within the group
6 Income from other long-term financial investments and loans	160	0	0	0	0
7 Other interest income	161	723.691	178.852	918.856	715.730
8 Exchange rate differences and other financial income	162 163	7.031.200 300.500	358.216 0	2.323.918 O	214.692 0
9 Unrealised gains (income) from financial assets 10 Other financial income	164	46.924.812	11.221.634	17.226.464	760.257
IV FINANCIAL EXPENSES (ADP 166 to 172)	165	24.492.133	4.707.431	23.384.992	8.625.711
1 Interest expenses and similar expenses with undertakings within the	166	82.639	140	24.771	9.380
group 2 Exchange rate differences and other expenses from operations with
undertakings within the group	167	3.082.572	153.696	671.993	0
3 Interest expenses and similar expenses	168	15.854.716	4.034.327	13.857.167	3.940.009
4 Exchange rate differences and other expenses	169	3.593.433	248.909	3.162.327	1.731.390
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 SHARE IN PROFIT FROM UNDERTAKINGS LINKED BY VRITUE OF	172	1.878.773	270.359	5.668.734	2.944.932
PARTICIPATING INTERESTS	173	0	O	0	0
SHARE IN PROFIT FROM JOINT VENTURES VI	174	0	0	0	0
VII SHARE IN LOSS OF COMPANIES LINKED BY VIRTUE OF PARTICIPATING INTEREST	175	0	O	0	0
VIII SHARE IN LOSS OF JOINT VENTURES	176	0	0	0	0
IX TOTAL INCOME (ADP 125+154+173 + 174)	177	616.396.090	124.776.034	684.490.497	75.586.413
TOTAL EXPENDITURE (ADP 131+165+175 + 176)	178	634.059.165	167.552.428	584.090.667	72.433.990
XI PRE-TAX PROFIT OR LOSS (ADP 177-178)	179	-17.663.075	-42.776.394	100.399.830	3.152.423
1 Pre-tax profit (ADP 177-178)	180	0	0	100.399.830	3.152.423

in HRK

2 Pre-tax loss (ADP 178-177)	181	-17.663.075	-42.776.394	0	0
XII INCOME TAX	182	0	0	0	0
XIII PROFIT OR LOSS FOR THE PERIOD (ADP 179-182)	183	-17 663 075	-42.776.394	100.399.830	3.152.423
1 Profit for the period (ADP 179-182)	184	0	0	100.399.830	3.152.423
2 Loss for the period (ADP 182-179)	185	-17.663.075	-42.776.394	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	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	O	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	-17.663.075	-42.776.394	100.399.830	3.152.423
II OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAX	203	0	0	0	0
(ADP 204 to 211)					0
1 Exchange rate differences from translation of foreign operations	204	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	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	209	0	0	0	0
virtue of participating interests		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
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	-17.663.075	-42.776.394	100.399.830	3.152.423
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	215	0	0	0	0
216+217)
1 Attributable to owners of the parent 2 Attributable to minority (non-controlling) interest	216 217	0 C	0 O	0 0	0 O

STATEMENT OF CASH FLOWS - indirect method for the period 01.01.2019 . to 31.12.2019.

Submitter: VIRO TVORNICA SECERA d.d.			in HRK
Item	ADP code	Same period of the previous year	Current period
1	S	8	4
Cash flow from operating activities
1 Pre-tax profit	001	-17.663.075	100.399.830
2 Adjustments (ADP 003 to 010):	002	23.853 538	8.290.916
a) Depreciation	003	23.853.533	8.290.916
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
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	010	0	0
losses
Cash flow increase or decrease before changes in working capital (ADP 001+002)	011	6.190.458	108.690.746
3 Changes in the working capital (ADP 013 to 016)	01 2	-33.871.692	133.613.984
a) Increase or decrease in short-term liabilities	013	-26.055.677	15.280.104
b) Increase or decrease in short-term receivables	014	61.383.036	-16.925.752
c) Increase or decrease in inventories	015	36.089.805	104.176.293
d) Other increase or decrease in working capital	016	-105.288.856	31.083.339
Il Cash from operations (ADP 011+012)	017	-27.681.234	242.304.730
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	-27.681.234	242.304.730
Cash flow from investment activities
1 Cash receipts from sales of fixed tangible and intangible assets	021	555.061	87.808.549
2 Cash receipts from sales of financial instruments	022	0	0
3 Interest received	023	9.296.176	12.031.908
4 Dividends received	024	75.390	0
5 Cash receipts from repayment of loans and deposits	025	0	0
6 Other cash receipts from investment activities	026	35.886.737	37.816.172
III Total cash receipts from investment activities (ADP 021 to 026)	027	45.813.364	137.656.629
1 Cash payments for the purchase of fixed tangible and intangible assets	028	-5.059.667	-23.600.442
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	-12.191.005	0
IV Total cash payments from investment activities (ADP 028 to 032)	033	-17 250 672	-23.600.442
B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033)	034	28.562.692	114.056.187
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	036	0	0
financial instruments
3 Cash receipts from credit principals, loans and other borrowings	037	304.946.725	54.571.775
4 Other cash receipts from financing activities	038	9.200.000	1.900.000
V Total cash receipts from financing activities (ADP 035 to 038)	039	314.146.725	56.471.775
1 Cash payments for the repayment of credit principals, loans and other borrowings and debt financial instruments	040	-356.373.260	-406.448.593
2 Cash payments for dividends	041	0	0
3 Cash payments for finance lease	042	-798.048	-363.729
4 Cash payments for the redemption of treasury shares and decrease in initial (subscribed) capital	043	-5.023.251	-610.935

5 Other cash payments from financing activities	044	-15.300.000	-3.800.000
VI Total cash payments from financing activities (ADP 040 to 044)	045	-377.494.5591	-411 223 257
C) NET CASH FLOW FINANCING ACTIVITIES (ADP 039 +045)	046	-63.347.834	-354.751.482
1 Unrealised exchange rate differences in respect of cash and cash equivalents	047		O
D) NET INCREASE OR DECREASE IN CASH FLOWS (ADP 020+034+046+047)	048	-62.466.376	1.609.435
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	216.758	1.826.193

	to 31.12.2019
STATEMENT OF CHANGES IN EQUITY	e period from 1.1.2019

to 1.1.2019 Tom the period 2	31 72 2019
1	ୟ ପ୍ରତି	Company Company Company Company Company Company Company Company Comments of Children Intel Capital	Gapital Packival		seury chan
Batance on the first day of the previous business year lous period		249,600,060	10,368.10	12,480,003	30,231.550					236,919,469		648,509,183
Changes in accounting policies Correction of errors	ទេ និង ន	o o				00					000		0000000
Balance on the first day of the previous business year (restated) (ADP 01 to Profitiloss of the period	04 SO	249,500,060	10.368.10	12.480.003	39.231.550					MOSDI	-17.663.075	548.509.183 -17.603.0		548.509.18 -17.000.03
Exchange rate differences from translation of foreign operations	8	0 0
Changes in revaluation reserves of fixed tangible and intangible assets	07	0
for available Profit or loss arising from subsequent moasurement of financial assets	8	0
Profit or loss arising from effective hedge of a net investment in a foreign operation effective cash flow hedge Profit or loss arising from	8 10	10 10
Share in other comprehensive income/loss of comparies linked by virtue of ficipating interests	11
Actuarial gaine/losses on the defined benefit obligation 3 Other changes in equity unreiated to owners	12 13	0000
4 Tax on transactions recognised directly in equity	2
increase in infial (subscribed) capital (other from roinvesting profit d other than arising from the pre-bankruptcy settlement procedure)	SI	0
Increase in initial (subscribed) capital arising from the reinvestment of profit	16	o
Increase in initial (subscribed) capital arising from the pro-bankruptcy settlement ocedure	17
Redemption of treasury sharesholdings	18
Payment of share in profit/dividend 0 Other distribution to owners	288	0 000000
1 Transfer to reserves according to the answill schools of the locadure Increase in roserves arising from the pro-bankruptcy estliement procedure s Balance on the fast day o	ದ 23	249,600,060	10,368.10	480.00						2351
PPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by	trial nge	traw up financial eta	nts in scoordarv
I OTHER COMPREHENSIVE INCOME OF THE PREVIOUS PERIOD, NET OF AX (ADP 05 to 14)	24	0
I COMPREHENSIVE INCOME OR LOSS FOR THE PREVIOUS PERIOD (ADP	25	0									-17,683,075	-17.663.078		-17.603.07
+24)
I TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED IRECTLY IN EQUITY (ADP 15 lo 22)	દ્વ
Balance on the first day of the current business year Changes in accounting policies urrent period		249,600,060	10 356.10	12.480.003	39.231,550					219.256.394		108 630.936		530,036.11
Correction of ectors	oz Iz	0 0
Balance on the first day of the current business year (restated) (ADP 27 to 29)	06	000 249,600	10,368,10	480	560 39.231.					219.256.		108 530,936.		530 030 .
Profitlioss of the period	31 32										100.399 830	NO 100.309		100,309 8
Changes in revaluation reserves of fixed tangible and intangible assets Exchange rate differences from translation of foreign operations	3	000
Profit or loss arising from subsequent measurement of financial assets available for
	nt	0000
Profit or loss arising from effective cash flow hedge	35
0 Profit or loss arising from effective hedge of a net investment in a foreign operation	at	NO
1 Share in other comprehansive income/loss of companies linked by virtue of articipating islarests	18
2 Actuarial gains/losses on the defined benefit obligation	11 61	00000
3 Other changes in equily unrelated to owners	01
4 Tax on transactions recognited directly in equity 5 Increase in initial (subscribed) capital (other than from reinvesting profit nd other than arising from the pre-bankrup	5
6 Increase in indial (subscribed) capital arising from the reinvestment of profit	42	0
7 Increase in initial (subscribed) capital arising from the pre-bankruptcy settlement	ರ
8 Redemption of treasury shares/holdings ocedure	3	000000			610.035
9 Payment of share in profit/dividend O Other distribution to owners	st ੀ
	4
11 Transfer to reserves according to the annual schedule 22 Increase in reserves arising from the pro-bankruptcy selliement procedure ts Balance on the last day of the curren	8
0 to 48)	9	249,600,060	10.355.10	2.480.003	38.620.615					219 250 394	300 834 00	630.725.003		630.725
PPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by liner of		up financial ets	ente in accordan
(ADP 32 to 40) AX	50	0
II COMPREHENSIVE INCOME OR LOSS FOR THE CURRENT PERIOD (ADP 1+50) -	51	0									100.399.830	100.399		300 00
II TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED OFRECTLY IN EQUITY (ADP 41 to 48)	52	0			610,035