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Zagrebačka burza d.d.
Quarterly Report • Apr 29, 2019
2105_10-q_2019-04-29_f8b64d9d-d08c-4400-ac04-1bdc55315882.pdf
Quarterly Report
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Zagreb Stock Exchange Group
Consolidated unaudited financial results for
01/01/2019-31/03/2019
29 April 2019
CONTENTS
| 1 INTERIM MANAGEMENT REPORT FOR THE PERIOD BETWEEN 01/01/2019 AND 31/03/2019 | ||
|---|---|---|
| 1.1 | Significant business events of the Group in the period between 01/01/2019 and 31/03/2019 1 | |
| 1.2 | Expected future development of the Group | |
| 1.3 | Research & Development activities | |
| 1.4 | Information on repurchase of own shares | |
| 1.5 | Zagreb Stock Exchange Group……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… | |
| 1.6 | Financial instruments used by the Group | |
| 1.7 | Group's objectives and policies related to financial risk management | |
| 1.8 | Group's exposure to price risk, credit risk, liquidity risk and cash flow risk | |
| 1.9 Statement of transactions and transfers within the Group and between the Group and its shareholders |
||
| 1.10 Statement of events which might have an adverse effect on Group operations | ||
| 1.11 Business results for 01/01/2019 – 31/03/2019 ………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… | ||
| 2 - Declaration of responsibility for the preparation of financial statements | ||
| Consolidated unaudited financial statements of the Company for 01/01/2019 - 31/03/2019 |
:
1 INTERIM MANAGEMENT REPORT FOR THE PERIOD BETWEEN 01/01/2019 AND 31/03/2019
1.1 Significant business events of the Group in the period between 01/01/2019 and 31/03/2019
In the first quarter of 2019, the Zagreb Stock Exchange Group (hereinafter: the Group) recorded the following significant business events:
- On January 2, 2019, the Zagreb Stock Exchange successfully implemented the Cross Request functionality in the trading system.
- On January 3, 2019, the Zagreb Stock Exchange and Podravka signed a contract for transferring the Podravka Company from the Official to the Prime Market.
- On January 3, 2019, the BC Institute was admitted to the Progress market.
- On January 15, 2019, the Croatian Financial Services Supervisory Agency has approved the new Price List for the Zagreb Stock Exchange.
- On January 29, 2019, the Croatian Financial Services Supervisory Agency approved the registration of the Zagreb Stock Exchange's Progress Market as an SME growth market, making Progress among the few SME growth markets in Europe.
- On 18 February, 2019, the Zagreb Stock Exchange has started to release a new share index, the index of Prime market CROBEXprime. CROBEXprime presents the so-called free float market capitalization weighted index, in which the weight of each share will be determined in accordance with its free float market capitalization.
- On March 22, 2019, the Zagreb Stock Exchange made a decision on termination the listing of Dalma d.d., Imunološki zavod d.d., Jadran film d.d. and Tankerkomerc d.d. for non-fulfillment of obligations.
- In the first quarter of 2019, two campaigns were carried out on the Funderbeam SEE platform, for the TDA-Top Digital Agency Company, where the amount of EUR 350,000 was collected and for the OmoLab Company, which raised the amount of EUR 430,000.
- On February 1, 2019, the Company Interkapital started performing the business of market maker on the Ljubljana Stock Exchange for stocks of Krka and Triglav osiguranje.
- On March 22, 2019, the Ljubljana Stock Exchange hosted a webcast called "Slovenian Listed Companies Online"
- In the period from 25 to 27 March 2019, the Ljubljana Stock Exchange had Open doors days.
1.2 Expected future development of the Group
In 2019, the Group will continue to focus on restoring confidence and raising Corporate Governance standards and reporting on a regulated market. The Group will also focus on greater promotion of existing issuers, with a focus on Prime Market.
The Group will press on with previously initiated projects, placing the greatest emphasis on the project of regional SME capital market development (Progress), and further activities related to financing and investing in start-ups (Funderbeam SEE).
By the end of 2019, extensive activities regarding moving to a new version of the 77 trading system will be ended.
1.3 Research & Development activities
The Group invests constant efforts into developing its own service offering and at expending service provision to the Slovenian market as well.
1.4 Information on repurchase of own shares
As at 31 March 2019, the companies in the Group held no own shares.
They did not acquire own shares between 1 January 2019 and 31 March 2019.
1.5 Zagreb Stock Exchange Group
SEE Link d.o.o., a company domiciled in Skopje. The issued share capital of SEE LINK is EUR 80,000, in which the Zagreb Stock Exchange, Inc. participates with 33.33 %.
The Ljubljana Stock Exchange, Inc., a company domiciled in Ljubljana. The issued share capital of the Ljubljana Stock Exchange is EUR 1,401,000, in which the Zagreb Stock Exchange, Inc. participates with 100 %.
Funderbeam South East Europe d.o.o., a company domiciled in Zagreb. The issued share capital of Funderbeam South East Europe d.o.o. is HRK 244,000, and the Zagreb Stock Exchange, Inc. participates with 20%.
1.6 Financial instruments used by the Group
The Group is fully funded by its own capital. The financial instruments the companies in the Group invest in are investment funds (money market and bond funds) and deposits (a vista and fixed-term deposits).
1.7 Group's objectives and policies related to financial risk management
All employees of the companies in the Group, including their Management and Supervisory Board, are involved in the implementation of internal control and risk management systems.
The companies in the Group manage risks, including financial risks, particularly through cooperation and coordination of two mutually independent control functions that exist at Zagreb Stock Exchange and Ljubljana Stock Exchange: monitoring of compliance with relevant regulations and internal audit function.
1.8 Group's exposure to price risk, credit risk, liquidity risk and cash flow risk
The companies in the Group, Zagreb Stock Exchange and Ljubljana Stock Exchange, place their excess cash on deposits and invest in open-end money market and bond investment funds. Their investments are carried at fair value. Zagreb Stock Exchange and Ljubljana Stock Exchange mitigate the price risk by diversifying their portfolio of open-end investment funds by investing in different types of funds managed by different fund management companies, and by investing in low-risk funds.
SEE Link and Funderbeam SEE are not exposed to the risks mentioned in this paragraph.
The companies in the Group have no loans received financial institutions, rather their cash and financial assets exceed substantially the liabilities of the companies in the Group, and consequently, their liquidity position is satisfactory.
1.9 Statement of transactions and transfers within the Group and between the Group and its shareholders
The Group confirms that there were no transactions within the Group and between the Group and its shareholders in excess of EUR 100,000 in the first quarter of 2019.
1.10 Statement of events which might have an adverse effect on Group operations
The Group confirms that there were no events which might have an adverse effect on Group operations in the first quarter of 2019.
1.11 Business results for 01/01/2019 - 31/03/2019
In the first quarter of 2019, the Group total operating income amounted to HRK 5,103,214, representing a decline by -9.49% year-on-year. A significant drop was recorded in revenues from trading fees (-24.3%) which is related to a turnover decrease on both markets, and in other operating revenues (-29.5%). In addition, the revenues from listing fees (-13.5%), revenues from membership fees (-1.2%), revenues from the maintenance of quotation fees (-5.2%) and revenues from LEI assignment and maintenance fees (-1.8%) also shrank. The decline by -63.5% in revenues from Progress Market compared to the first quarter of 2018 was associated with a double income booking in 2018. The reason for this was the approval of amendments to the Price list by HANFA on 22 December 2017, which came into force on 2 January 2018. For this reason, revenues from fees for obtaining an advisory status for 2017 were recorded in the first quarter of 2018.
In the observed period, educational services revenue increased by significant +165.7% and OTC transactions / APA disclosure fees increased by + 104.6%. Revenue growth was also recorded in revenues from exchange data dissemination fees (+17.5%) while revenues from OTC data disclosure fees remained at almost the same amount.
The Group's total operating costs, in the first quarter of 2019, increased by 1.61% compared to the first quarter of 2018, and amounted to HRK 5,546,057. Office space rent and related costs decreased by -48.4% due to the fact that since January 1, 2019, the Group applies IFRS 16 and now the expense of long-term rent is recognized as current assets and amortized. The impact on the final result of this change in IFRS is marginal. Staff costs also decreased by -0.7%. The increase was recorded at the following costs: depreciation and amortization (+57.4%), other operating expenses (+13.2%), administrative fees (+2.3%) and software costs (+0.3%).
The biggest increase compared to the same period last year was recorded in financial income, which increased by approximately HRK 450 thousand and amounted to HRK 471,178, as a result of investing free funds into investment funds. Group Financial Expenses also increased by slightly over HRK 13,000 and amounted to HRK 19,180.
In the first quarter of 2019, the Group's total profit was HRK 9,627, a decrease of 93.64% over the same period last year. Operating profit before interest, taxes, depreciation and amortization is positive but lower by -93.39% and amounted to HRK 19,448.
2 Declaration of responsibility for the preparation of financial statements
Unaudited financial statements of the Group prepared for the period between 01/01/2019 and 31/03/2019 give a fair and true account of facts in accordance with the International Standards of Financial Reporting and the Croatian Accounting Act.
Consolidated unaudited financial statements for the period between 01/01/2019 and 31/03/2019 give an objective, complete and true statement of assets and liabilities, financial position and operations of the Group.
The management report for the first quarter of 2019 contains a true and fair view of the development and results of operations, with a description of the principal risks and uncertainties to which the Group is exposed.
ZAGREBAČKA BURZA d.d. Zagreb 1 Tomisla Gračan vana Ga President of the Management Board Member of the Management Board
Contact Zagreb Stock Exchange, Inc. Ivana Lučića 2a/22 10000 Zagreb Croatia
Phone number: +385/ 1 468 6806 E-mail: [email protected]
Consolidated unaudited financial statements of the Company for 01/01/2019 – 31/03/2019
| Annex 1. | ||||||||
|---|---|---|---|---|---|---|---|---|
| Reporting period | 1.1.2019 | to | 31.3.2019 | |||||
| Quarterly financial report TFI-POD | ||||||||
| Tax number (MB): | 3749606 ﻴﻨﻴ |
|||||||
| Company registration number (MBS): |
080034217 | |||||||
| Personal identification number (OIB): Issuing company: |
84368186611 ZAGREBACKA BURZA d.d. |
|||||||
| Postal code and place | 10000 ﺍﻟﻤﺘﻔ |
Zagreb | ||||||
| Street and house number: |
Ivana Lučića 2a | |||||||
| E-mail address: sandra.semuga-janzek(@zse.hr | ||||||||
| Internet address | www.zse.hr | |||||||
| Municipality/city code and name |
133 ZAGREB |
|||||||
| County code and name | GRAD ZAGREB 21 |
Number of employees: (period end) |
38 | |||||
| Consolidated report: NO | NKD code: | 6611 | ||||||
| Companies of the consolidation subject (according to IFRS): |
Seat: | MB: | ||||||
| LJUBLJANSKA BORZA d.d. | LJUBLJANA | 5316081 | ||||||
| Bookkeeping service: 04578244 | SIGMA TAX CONSULTING D.O.O. | |||||||
| Contact person: LUCIJA TROPČIĆ | ||||||||
| Telephone: | (only surname and name) 01465555 01465500 Telefaks: |
|||||||
| E-mail address: [email protected] | ||||||||
| Family name and name: Gažić Ivana, Gračan Tomislav | (person authorized to represent the company) | |||||||
| ZAGREBAČKA BURZA d.d. Zagreb L.S. |
(signature of the person authorized to represent the company) |
| Balance Sheet as of 31.3.2019 |
|||||||
|---|---|---|---|---|---|---|---|
| Company: ZAGREBACKA BURZA d.d. | |||||||
| Position | AOP | Previous period |
Current period |
||||
| 1 | 2 | 3 | র্ব | ||||
| ASSETS | |||||||
| A) RECEIVABELS FOR SUBSCRIBED NOT PAID CAPITAL | 001 | ||||||
| B) NON-CURRENT ASSETS (003+010+020+029+033) | 002 | 17.259.275 | 18.935.515 | ||||
| I. INTANGIBLE ASSETS (004 do 009) | 003 | 2,519,991 | 2.762.635 | ||||
| 1. Expenditure for development | 004 | ||||||
| 2. Concessions, patents, licenses, trademarks, service marks, software and other rights |
005 | 1,352,206 | 1.593.672 | ||||
| 3. Goodwill | 006 | 1.167.785 | 1.168.963 | ||||
| 4. Advances for purchase of intangible assets | 007 | ||||||
| 5. Intangible assets in progress | 008 | ||||||
| 6. Other intangible assets | 009 | ||||||
| II. PROPERTY, PLANT AND EQUIPMENT (011 do 019) | 010 | 12.275.255 | 13.706.765 | ||||
| 1. Land | 011 | ||||||
| 2. Buildings | 012 | 10.529.783 | 10.455.205 | ||||
| 3. Plant and equipement | 013 | 266.705 | 243.883 | ||||
| 4. Tools, working inventory and transportation assets | 014 | 1.423.743 | 3.007.677 | ||||
| 5. Biological assets | 015 | ||||||
| 6. Advances for purchase of tangible assets | 016 | ||||||
| 7. Tangible assets in progress | 017 | 55.024 | |||||
| 8. Other tangible assets | 018 | ||||||
| 9. Investment in real-estate | 049 | ||||||
| III. NON-CURRENT FINANCIAL ASSETS (021 do 028) | 020 | 2.189.809 | 2.181.686 | ||||
| 1. Share in related parties | 021 022 |
||||||
| 2. Loans to related parties 3. Participating interests (shares) |
023 | 42.008 | 32.388 | ||||
| 4. Loans to companies with participating interest | 024 | 217.271 | 217.271 | ||||
| 5. Investments in securițies | 025 | 197.125 | 197.125 | ||||
| 6. Loans, deposits, etc. | 026 | 1.733.405 | 1.734.902 | ||||
| 7. Other non-current financial assets | 027 | ||||||
| 8. Equity-accounted investments | 078 | ||||||
| IV. RECEIVABLES (030 do 032) | 029 | . | |||||
| 1. Receivables from related parties | 030 | - | |||||
| 2. Receivables arising from sales on credit | 031 | ||||||
| 3. Other receivables | 032 | ||||||
| V. DEFERRED TAX ASSET | 033 | 274.220 | 284.429 | ||||
| C) CURRENT ASSETS (035+043+050+058) | 034 | 27.637.853 | 28.232.649 | ||||
| I. INVENTORIES (036 do 042) | 035 | 6.554 | 6.086 | ||||
| 1. Raw materials and supplies | 036 | ||||||
| 2. Production in progress | 037 | ||||||
| 3. Finished products | 038 | - | |||||
| 4. Merchandise | 039 | 6.554 | 6.086 | ||||
| 5. Advances for inventories | 040 | ||||||
| 6. Long term assets held for sale | 041 | ||||||
| 7. Biological assets | 042 | ||||||
| II. RECEIVABLES (044 do 049) | 043 | 3.414.641 | 2.766.177 | ||||
| 1. Receivables from related parties | 044 | ||||||
| 2. Receivables from end-customers | 045 | 2.692.587 | 2.003.753 | ||||
| 3. Receivables from participating parties | 046 | ||||||
| 4. Receivables from employees and members of the company | 047 | 1.470 | 12.117 | ||||
| 5. Receivables from government and other institutions | 048 049 |
152.622 567.962 |
231.947 | ||||
| 6. Other receivables III. CURRENT FINANCIAL ASSETS (051 do 057) |
050 | 21.775.487 | 518.360 23.238.316 |
||||
| 1. Share in related parties | 051 | ||||||
| 2. Loans to related parties | 052 | - | |||||
| 3. Participating interests (shares) | 053 | ||||||
| 4. Loans to companies with participating interest | 054 | - | |||||
| 5. Investments in securities | 055 | ||
|---|---|---|---|
| 6. Loans, deposits, etc. | 056 | 4.082.507 | 4.086.626 |
| 7. Other financial assets | 057 | 17.692.980 | 19.151.690 |
| IV, CASH AND CASH EQUIVALENTS | 058 | 2.441.171 | 2.222.070 |
| D) PREPAYMENTS AND ACCRUED INCOME | 059 | 1.121.575 | 1.772.067 |
| E) TOTAL ASSETS (001+002+034+059) | 060 | 46.018.703 | 48.940.231 |
| F) OFF BALANCE SHEET ITEMS | 061 | ||
| EQUITY AND LIABILITIES | |||
| A) ISSUED CAPITAL AND RESERVES | |||
| (063+064+065+071+072+075+078) | 062 | 39.503.609 | 39.525.488 |
| 1. SUBSCRIBED SHARE CAPITAL | 063 | 46.357.000 | 46.357.000 |
| II. CAPITAL RESERVES | 064 | 13.860.181 | 13.860.181 |
| III.RESERVES FROM PROFIT (066+067-068+069+070) | 065 | 141.000 | 141.000 |
| 1. Legal reserves | 086 | 141.000 | 141.000 |
| 2. Reserve for own shares | 067 | ||
| 3. Treasury shares and shares (deductible items) | 068 | ||
| 4. Statutory reserves | 069 | ||
| 5. Other reserves | 070 | ||
| IV. REVALUATION RESERVES | 071 | 594.873 | 622.296 |
| V. RETAINED EARNINGS OR LOSS CARRIED FORWARD (073-074) | 072 | (21.638.999) | (21.464.616) |
| 1. Retained earnings | 073 | ||
| 2. Loss carried forward | 074 | 21.638.999 | 21.464.616 |
| VI. NET PROFIT OR LOSS FOR THE PERIOD (076-077) | 075 | 189.554 : |
9.627 |
| 1. Net profit for the period | 076 | 189.554 | 9.627 |
| 2. Net loss for the period | 077 | ||
| VII. MINORITY INTEREST | 078 | ||
| B) PROVISIONS (080 do 082) | 079 | - - | |
| 1. Provisions for pensions, severance pay and similar libabilities | 080 | ||
| 2. Provisions for tax liabilities | 081 | ||
| 3. Other provisions | 082 | ||
| C) NON-CURRENT LIABILITIES (084 do 092) | 083 | 254.163 | 1.051.739 |
| 1. Liabilites to related parties | 084 | ||
| 2. Liabilities for loans, deposits, etc. | 085 | ||
| 3. Liabilities to banks and other financial institutions | 086 | 31.109 | 31.141 |
| 4. Liabilities for advances | 087 | ||
| 5. Trade payables | 088 | ||
| 6. Commitments on securities | 089 | ||
| 7. Liabilities to companies with participating interest | 090 | ||
| 8. Other non-current liabilities | 091 | 797.319 | |
| 9. Deferred tax liabilities | 092 | 223.054 | 223.279 |
| 093 | 2.084.894 | 2.479.320 | |
| D) CURRENT LIABILITIES (094 do 105) | 094 | ||
| 1. Liabilites to related parties | |||
| 2. Liabilities for loans, deposits, etc. 3. Liabilities to banks and other financial institutions |
095 | ||
| 096 | 59.600 | 44.743 | |
| 4. Liabilities for advances | 097 | 8.945 | 10.328 |
| 5. Trade payables | 098 | 973.564 | 729.752 |
| 6. Commitments on securities | 099 | ||
| 7. Liabilities to companies with participating interest | 100 | ||
| 8. Liabilities to emloyees | 101 | 671.056 | 614.350 |
| 9. Taxes, contributions and similar liabilities | 102 | 370.483 | 322.321 |
| 10. Liabilities arising from share in the result | 103 | ||
| 11. Liabilities arising from non-current assets held for sale | 104 | ||
| 12. Other current liabilities | 105 | 1.246 | 757.826 |
| E) ACCRUED EXPENSES AND DEFERRED INCOME | 108 | 4.176.037 | 5.883.684 |
| F) TOTAL EQUITY AND LIABILITIES (062+079+083+093+106) | 107 | 46.018.703 | 48.940.231 |
| G) OFF BALANCE SHEET ITEMS | 108 | ||
| ADDITION TO BALANCE SHEET (only for consolidated financial | |||
| statements) | |||
| ISSUED CAPITAL AND RESERVES | |||
| 1. Attributable to majority owners | 109 | ||
| 2. Attributable to minority interest | 110 |
。
Income statement period 01.01.2019. to 31.3.2019. Company: ZAGREBAČKA BURZA d.d.
| A S LE LA MET LE L COMMO L L L L L L D L B L D L B L D L B L D L B L D L B L D L B L D L B L D L B L D L B L D L B L D L B L D L B L D L B L D L B L D L B L D F B L D F B L D Position |
AOP | Previous | Previous | Current | Current |
|---|---|---|---|---|---|
| period | period | period | period | ||
| 1 | 2 | Cummulative 3 |
Quarter 4 |
Cummulative 5 |
Quarter 6 |
| 1. OPERATING INCOME (112 do 113) | 111 | 5.638.148 | 5.638.148 | 5.103.214 | 5.103.214 |
| 1. Rendering of services | 112 | 5.360.788 | 5.360.788 | 5.075.263 | 5.075.263 |
| 2. Other operating income | 113 | 277.360 | 277.360 | 27.951 | 27.951 |
| II. OPERATING COSTS | 1 | ||||
| (115+116+120+124+125+126+129+130) | 114 | 5.458.220 | 5.458.220 | 5.546.057 | 5.546.057 |
| 1. Change in inventories of work in progress | 115 | ||||
| 2. Material expenses (117 do 119) | 116 | 1.969.383 | 1.969.383 | 1.812.153 | 1.812.153 |
| a) Costs of raw materials | 117 | 189.936 | 189.936 | 144.073 | 144.073 |
| b) Cost of goods sold | 118 | ||||
| c) Other material expenses | 119 | 1.779.447 | 1.779.447 | 1.668.080 | 1.668.080 |
| 3. Employee benefits expenses (121 do 123) | 120 | 2.497.936 | 2.497.936 | 2.492.523 | 2.492.523 |
| a) Net salaries | 121 | 1.685.176 | 1.685.176 | 1.671.664 | 1.671.664 |
| b) Tax and contributions from salary expenses | 122 | 600.252 | 600.252 | 607.744 | 607.744 |
| c) Contributions on salary | 123 | 212.508 | 212.508 | 213.115 | 213.115 |
| 4. Depreciation and amortisation | 124 | 294.196 | 294.196 | 462.291 | 462.291 |
| 5. Other expenses | 125 | 691.567 | 691.567 | 776.368 | 776.368 |
| 6. Write down of assets (127+128) | 126 | . | 1979. Fire | 2.470 | 2.470 |
| a) non-current assets (except financial assets) | 127 | ||||
| b) current assets (except financial assets) | 128 | - | 2.470 | 2.470 | |
| 7. Provisions | 129 | ||||
| 8. Other operating costs | 130 | 5.138 | 5.138 | 252 | 252 |
| III. FINANCIAL INCOME (132 do 136) | 131 | 23.109 | 23.109 | 471.178 | 471.178 |
| 1. Interest, foreign exchange differences, dividens and similar income from related parties |
132 | - | 14 | 14 | |
| 2. Interest, foreign exchange differences, dividens and similar income from third parties |
133 | 15.477 | 15.477 | 10.069 | 10.069 |
| 3. Income from investments in associates and joint | 134 | ||||
| ventures | |||||
| 4. Unrealised gains (income) from financial assets | 135 | 7.632 | 7.632 | 458.710 | 458.710 |
| 5. Other financial income | 136 | 2.385 | 2.385 | ||
| IV. FINANCIAL EXPENSES (138 do 141) 1. Interest, foreign exchange differences, dividens |
137 | 5.698 | 5.698 | 19.180 | 19.180 |
| and similar income from related parties | 138 | - | |||
| 2. Interest, foreign exchange differences, dividens | 138 | 5.581 | 5.581 | 19.180 | 19.180 |
| and similar income from third parties | |||||
| 3. Unrealised losses (expenses) from financial | 140 | 117 | 117 | ||
| assets | |||||
| 4. Other financial expenses | 141 | ||||
| V. SHARE OF PROFIT FROM ASSOCIATED COMPANIES |
142 | - | |||
| VI. SHARE OF LOSS FROM ASSOCIATED COMPANIES | 143 | 20.856 | 20.856 | 9.451 | 9.451 |
| VII. EXTRAORDINARY - OTHER INCOME | 144 | ||||
| VIII. EXTRAORDINARY - OTHER EXPENSES | 145 | ||||
| IX. TOTAL INCOME (111+131+144) | 146 | 5.661.257 | 5.661.257 | 5.574.392 | 5.574.392 |
| X. TOTAL EXPENSES (114+137+143+145) | 147 | 5.484.774 | 5.484.774 | 5.574.688 | 5.574.688 |
| XI. PROFIT OR LOSS BEFORE TAXES (146-147) | 148 | 176.483 | 176.483 | (296) | (296) |
| 1. Profit before taxes (146-147) | 149 | 176.483 | 176.483 | ||
| 2. Loss before taxes (147-146) | 150 | 296 | 296 | ||
| TAXATION XII. |
151 | 25.192 | 25.192 | (9.923) | (9.923) |
| XII. PROFIT OR LOSS FOR THE PERIOD (148-151) | 152 | : 151.291 | 151.291 | 11 11 11 11 9.627 |
9.627 |
| 1. Profit for the period (149-151) | 153 | 151.291 | 151.291 | 9,627 | 9.627 |
| 2. Loss for the period (151-148) | 154 | ||||
| ADDITION TO PROFIT AND LOSS ACCOUNT (only for | |||||
| consolidated financial statements) | |||||
| XIV. PROFIT OR LOSS FOR THE PERIOD | |||||
| 1. Attributable to majority owners | 155 | 151.291 | 151.291 | 9.627 | 9.627 |
| 2. Attributable to minority interest | 156 |
| STATEMENT OF OTHER COMPREHENSIVE INCOME (only for IFRS adopters) |
|||||
|---|---|---|---|---|---|
| I. PROFIT OR LOSS FOR THE PERIOD (=152) | 157 | 151.291 | 151.291 | 9.627 | 9.627 |
| II. OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAXES (159 TO 165) |
158 | (199.164) | (199.164) | 12.102 | 12.102 |
| 1. Exchange differences from international settlement | 1 59 | (199.164) | (199.164) | 12.102 | 12.102 |
| 2. Changes in revaluation reserves of long-term tangible and intangible assets |
160 | - | ﻤﻪ | - | |
| 3. Profit or loss from re-evaluation of financial assets held for sale |
161 | - | - | 1 | |
| 4. Profit or loss from cash flow hedging | 162 | - | ﻤﺴ | ||
| 5. Profit or loss from hedging of foreign investments | 163 | - | |||
| 6. Share of other comprehensive incomelloss from associatied companies |
164 | - | - | - | |
| 7. Actuarial gains/losses from defined benefit plans | 165 | - | - | ||
| III. TAXATION OF OTHER COMPREHENSIVE INCOME FOR THE PERIOD |
166 | - | - | ||
| IV. NET OTHER COMPREHENSIVE INCOME FOR THE PERIOD (158 TO 166) |
167 | (199.164) | (199.164) | 12.102 | 12.102 |
| V. COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (157+167) |
168 | (47.873) | (47.873) | 21.729 | 21.729 |
| ADDITION TO STATEMENT OF OTHER COMPREHENSIVE INCOME (only for consolidated financial statements) VI. COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD |
|||||
| 1. Attributable to majority owners | 169 | (47.873) | (47.873) | 21.729 | 21.729 |
| 2. Attributable to minority interest | 170 |
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| Cash flow statement - indirect method | |||||
|---|---|---|---|---|---|
| period 01.01.2019 to 31.3.2019 Company: ZAGREBČKA BURZA d.d. |
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| Position | AOP | Previous period | Current period | ||
| 1 | 2 | 3 | 4 | ||
| CASH FLOWS FROM OPERATING ACTIVITIES | |||||
| 1. Profit before tax | 001 | 176.483 | (296) | ||
| 2. Depreciation and amortisation | 002 | 294.196 | 462.291 | ||
| 3. Decrease of current liabilities | 003 | 25.192 | |||
| 4. Decrease of current receivables | 004 | 401.379 | 645.994 | ||
| 5.Decrease of inventories | 005 | 702 | 468 | ||
| 6. Other cash flow increases | 006 | 980.955 | 1.695.799 | ||
| I. Total increase of cash flow from operating activities | 007 | 1.878.907 | 2.804.256 | ||
| 1. Decrease of current liabilities | 008 | 980.502 | 587.991 | ||
| 2. Increase of current receivables | 009 | ||||
| 3. Increase of inventories | 010 | ||||
| 4. Other cash flow decreases | 011 | 364.730 | 618.394 | ||
| II. Total decrease of cash flow from operating activities | 012 | 1.345.232 | 1.206.385 | ||
| A1) NET INCREASE OF CASH FLOW FROM OPERATING ACTIVITIES | 013 | 533.675 | 1.597.871 | ||
| A2) NET DECREASE OF CASH FLOW FROM OPERATING ACTIVITIES | 014 | ||||
| CASH FLOW FROM INVESTING ACTIVITIES | |||||
| 1. Proceeds from sale of non-current assets | 015 | 1.528.994 | |||
| 2. Proceeds from sale of non-current financial assets | 016 | ||||
| 3. Interest received | 017 | ||||
| 4. Dividend received | 018 | ||||
| 5. Other proceeds from investing activities | 019 | 371.138 | |||
| III. Total cash inflows from investing activities | 020 | 1.900.132 | |||
| 1. Purchase of non-current assets | 021 | 38.437 | 352.815 | ||
| 2. Purchase of non-current financial assets | 022 | ||||
| 3. Other cash outflows from investing activities | 023 | 1.464.157 | |||
| IV. Total cash outflows from investing activities | 024 | 38.437 | 1.816.972 | ||
| B1) NET INCREASE OF CASH FLOW FROM INVESTING ACTIVITIES B2) NET DECREASE OF CASH FLOW FROM INVESTING ACTIVITIES |
025 | 1.861.696 | |||
| CASH FLOW FROM FINANCING ACTIVITIES | 026 | 1.816.972 | |||
| 1. Proceeds from issue of equity securities and debt securities | 077 | ||||
| 2. Proceeds from loans and borrowings | 028 | ||||
| 3. Other proceeds from financing activities | 0 29 | 40.318 | |||
| V. Total cash inflows from financing activities | 030 | 40.318 | |||
| 1. Repayment of loans and bonds | 031 | ||||
| 2. Dividends paid | 032 | ||||
| 3. Repayment of finance lease | 033 | ||||
| 4. Purchase of treasury shares | 034 | ||||
| 5. Other cash outflows from financing activities | 035 | ||||
| VI. Total cash outflows from financing activities | 036 | ||||
| C1) NET INCREASE OF CASH FLOW FROM FINANCING ACTIVITIES | 037 | 40.318 | |||
| C2) NET DECREASE OF CASH FLOW FROM FINANCING ACTIVITIES | 038 | ||||
| Total increases of cash flows | 039 | 2.435.689 | |||
| Total decreases of cash flows | 040 | 219.101 | |||
| Cash and cash equivalents at the beginning of period | 041 | 1.848.893 | 2.441.171 | ||
| Increase of cash and cash equivalents | 042 | 2.435.689 | |||
| Decrease of cash and cash equivalents | 043 | 219.101 | |||
| Cash and cash equivalents at the end of period | 044 | 4.284.582 | 2.222.070 |
く
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STATEMENT OF CHANGES IN EQUITY
period 1.1.2019 to 31.3.2019
6:
| Position | AOP | Previous year | Current year |
|---|---|---|---|
| 1 | 2 | 3 | 4 |
| 1. Subscribed share capital | 001 | 46.357.000 | 46.357.000 |
| 2. Capital reserves | 002 | 13.860.181 | 13.860.181 |
| 3. Reserves from profit | 003 | 141.000 | 141.000 |
| 4. Retained earnings or loss carried forward | 004 | (21.302.853) | (21.464.616) |
| 5. Net profit or loss for the period | 005 | 151.291 | 9.627 |
| 6. Revaluation of tangible assets | 006 | 1.006.490 | 1.096.124 |
| 7. Revaluation of intangible assets | 007 | - | |
| 8. Revaluation of available for sale assets | 008 | - | |
| 9. Other revaliuation | 009 | (515.644) | (473.828) |
| 10. Total equity and reserves (AOP 001 to 009) | 010 | 39.697.465 | 39.525.488 |
| 11. Foreign exchenge differences ffrom foreign investments | 011 | (199.164) | 12.102 |
| 12. Current and deferred taxes | 012 | - | |
| 13. Cash flow hedge | 013 | - | |
| 14. Change of accounting policies | 014 | - | |
| 15. Correction of significant mistakes of prior period | 015 | - | |
| 16. Other changes | 016 | 151.291 | 9.627 |
| 17. Total increase or decrease of equity (AOP 011 to 016) | 017 | (47.873) | 21.729 |
| 17 a. Attributable to majority owners | 048 | (47.873) | 21.729 |
| 17 b. Attributable to minority interest | 019 | - |
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参考