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Zagrebačka burza d.d.
Quarterly Report • Apr 29, 2019
2105_10-q_2019-04-29_9c603621-875a-411b-aa8b-552720f12954.pdf
Quarterly Report
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Zagreb Stock Exchange, Inc.
Unconsolidated unaudited financial results for
01/01/2019-31/03/2019
29 April 2019
CONTENTS
| 1 | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1.1 Significant business events of the Zagreb Stock Exchange, Inc. in the period between 01/01/2019 and 31/03/2019 |
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| 1.2 | ||||||||
| 1.3 | Research & Development activities | |||||||
| 1.4 | Information on repurchase of own shares | |||||||
| ી :5 | Subsidiaries of the Company | |||||||
| 1.6 | Financial instruments used by the Company | |||||||
| 1.7 | Company's objectives and policies related to financial risk management | |||||||
| 1.8 | Company's exposure to price risk, credit risk, liquidity risk and cash flow risk | |||||||
| 1.9 Statement of transactions and transfers between the Company and its subsidiaries and shareholders |
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| 1.10 Statement of events which might have an adverse effect on Company operations | ||||||||
| 1.11 Business results for 01/01/2019 - 31/03/2019 | ||||||||
| 2 Declaration of responsibility for the preparation of financial statements | ||||||||
| Unconsolidated unaudited financial statements of the Company for 01/01/2019 – 31/03/2019 ……….6 |
:
1 INTERIM MANAGEMENT REPORT FOR THE PERIOD BETWEEN 01/01/2019 AND 31/03/2019
1.1 Significant business events of the Zagreb Stock Exchange, Inc. in the period between 01/01/2019 and 31/03/2019
In the first quarter of 2019, the Zagreb Stock Exchange, Inc. (hereinafter: the Company or the Exchange) recorded the following significant business events:
- 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.
- 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 420,000 was collected and for the OmoLab Company, which raised the amount of EUR 240,000.
1.2 Expected future development of the Company
In 2019, the Company will continue to focus on restoring confidence and raising Corporate Governance standards and reporting on a regulated market. The Company will also focus on greater promotion of existing issuers, with a focus on Prime Market.
The Company 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 T7 trading system will be ended
1.3 Research & Development activities
The Company has pressed on with continuous efforts at developing and improving its own service offering and at expending service provision to the Slovenian market as well. At the beginning of 2019, after 10 years, the service of the market maker was reinstated on the Ljubljana Stock Exchange with the Croatian member.
1.4 Information on repurchase of own shares
As at 31 March 2019, the Company held no own shares.
The Company did not acquire own shares between 1 January 2019 and 31 March 2019.
Subsidiaries of the Company 1.5
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 Company
The Company is fully funded by its own capital. The financial instruments the Company invests in are investment funds (money market and bond funds) and deposits (a vista and fixed-term deposits).
1.7 Company's objectives and policies related to financial risk management
All employees of the Company, including its Management and Supervisory Board, are involved in the implementation of internal control and risk management systems.
The Company manages risks, including financial risks, particularly through two mutually independent control functions: monitoring of compliance with relevant regulations and internal audit function.
These control functions process and monitor the work of all organisational units, Company activities and support services.
1.8 Company's exposure to price risk, credit risk, liquidity risk and cash flow risk
The Company places its excess cash on deposit and invests in open-end money market and bond investment funds. Its investments are carried at fair value. The Company mitigates the price risk by diversifying its portfolio of open-end investment funds it by investing in different types of funds managed by different fund management companies, and by investing in low-risk funds.
The Company has no loans received, rather its cash and financial assets exceed substantially the liabilities of the Company, consequently, the Company's liquidity position is satisfactory.
1.9 Statement of transactions and transfers between the Company and its subsidiaries and shareholders
The Company confirms that there were not transactions between the Company and its subsidiaries and 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 Company operations
The Company confirms that there were no events which might have an adverse effect on Company 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 Company had HRK 2,906 thousand of operating income, down -6% from the same year-ago period. The decline in revenues from trading fees for -31% was caused by the drop of -40% in the share turnover within the Order book versus the same period last year. Besides the revenues from trading fees, a significant decline was also evident in revenues from listing fees (-35%), while revenues from LEI assignment and maintenance fees (-2%), revenues from maintenance of quotation fees (-5%) and revenues from membership fees (-6%) dropped slightly. On the other hand, the decline in these revenues was mostly replaced by a significant rise in educational services revenues (+165%), revenues from OTC data disclosure fees (+104%), and revenues from exchange data dissemination fees (+44%). Other operating revenues fell by -56% or HRK 29 thousand.
Operating expenses amounted to HRK 3,203 thousand in the first quarter of 2019, up +6% year-onyear. The biggest growth in expenses was recorded in depreciation and amortization (+162%) and other operating expenses (+21%). A slight increase is visible in software costs (+9%), administrative fees (+5%) and staff costs (+2%). Office space rent and related costs decreased significantly (-56%).
The Company's results in 2019 are presented in accordance with the change in the two IFRS 15 accounting standards that have an impact on the recognition of income from the listing fee, which were previously recognized as a one-time, and now are deferred to 12 months. In the first quarter of 2019, revenues from listing fees invoiced in 2019 in the amount of HRK 120,246.56 were deferred, and the deferred incomes from 2018 were recognized in the amount of HRK 175,312.66. Net impact is higher revenues in the amount of HRK 54,766 in the first quarter 2019.
Also, in accordance with IFRS 16, office space and cars rent are now shown through an overview of the total rental value recognized in the balance sheet and is presented as an amortization and financial expense in the Income statement. Applying this standard has a negligible impact on the overall result; the only difference is the change in the positions where the cost is shown.
Financial income, which in the first three months of 2019 was HRK 421 thousand higher than in the same period last year, and financial expenses that fell by -42%, have a positive impact on the overall result. The increase in financial income is a result of good returns of funds in which the Exchange invested free funds.
Total result of the Company in the first quarter of 2019, amounted to HRK 154 thousand, which is HRK 82 thousand higher than the same year-ago period. However, operating profit before interest, taxes, depreciation and amortisation is negative and amounts to HRK -27 thousand, or HRK 186 thousand less than in first quarter 2018.
2 Declaration of responsibility for the preparation of financial statements
Unaudited financial statements of the Zagreb Stock Exchange, Inc. 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.
Unconsolidated 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 Company.
The management report for the first quarter of 2019 contains a true and fair view of the development and results offoperations, with a description of the principal risks and uncertainties to which the Company is exposed.
ZAGREBAČKA BURZA d.d. Tomistav Gračan Zagreb 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]
Unconsolidated unaudited financial statements of the Company for 01/01/2019 – 31/03/2019
المقال الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع الموقع المو
| Annex 1. | ||||||||
|---|---|---|---|---|---|---|---|---|
| Reporting period 1.1.2019 31.3.2019 to |
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| Quarterly financial report TFI-POD | ||||||||
| Tax number (MB): | 3749606 | |||||||
| Company registration 080034217 number (MBS): |
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| Personal identification number (OIB): |
84368186611 | |||||||
| Issuing company: ZAGREBACKA BURZA d.d. | ||||||||
| Postal code and place | 10000 10000 Zagreb |
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| 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 |
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| County code and name | GRAD ZAGREB 21 |
Number of 25 employees: |
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| Consolidated report: | NO | (period end) NKD code: 6611 |
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| Companies of the consolidation subject Seat: MB: (according to IFRS): |
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| Bookkeeping service: | 04578244 SIGMA TAX CONSULTING D.O.O. |
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| Contact person: LUCIJA TROPČIC | ||||||||
| Telephone: | (only surname and name) 01465555 Telefaks: |
01465500 | ||||||
| E-mail address: [email protected] | ||||||||
| Family name and name: Gažić Ivana, Gračan Tomislav | ||||||||
| (person authorized to represent the company) | ||||||||
| CHEHACKA BURZA d.d. Cagreb |
(signature of the person authorized to represent the company) |
| Balance Sheet as of 31.3.2019 |
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|---|---|---|---|---|---|---|
| Company: ZAGREBACKA BURZA d.d. | ||||||
| Position | AOP | Previous period |
Current period |
|||
| 1 | 2 | 3 | ব | |||
| ASSETS | ||||||
| A) RECEIVABELS FOR SUBSCRIBED NOT PAID CAPITAL | 001 | |||||
| B) NON-CURRENT ASSETS (003+010+020+029+033) | 002 | 21.070.445 | 22.909.827 | |||
| I. INTANGIBLE ASSETS (004 do 009) | 003 | 630.572 | 916.307 | |||
| 1. Expenditure for development | 004 | |||||
| 2. Concessions, patents, licenses, trademarks, service marks, software and other rights |
005 | 630.572 | 916.307 | |||
| 3. Goodwill | 006 | |||||
| 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 | 399.619 | 1.953.266 | |||
| 1. Land | 011 | |||||
| 2. Buildings 3. Plant and equipment |
012 013 |
|||||
| 4. Tools, working inventory and transportation assets | 014 | 266.705 132.914 |
243.883 1.709.383 |
|||
| 5. Biological assets | 015 | |||||
| 6. Advances for purchase of tangible assets | 016 | |||||
| 7. Tangible assets in progress | 017 | |||||
| 8. Other tangible assets | 018 | |||||
| 9. Investment in real-estate | 019 | |||||
| III. NON-CURRENT FINANCIAL ASSETS (021 do 028) | 020 | 20.040.254 | 20.040.254 | |||
| 1. Share in related parties | 021 | 19.125.436 | 19.125.436 | |||
| 2. Loans to related parties | 022 | |||||
| 3. Participating interests (shares) | 023 | 250.532 | 250.532 | |||
| 4. Loans to companies with participating interest | 024 | 217.271 | 217.271 | |||
| 5. Investments in securities | 025 | 197.125 | 197.125 | |||
| 6. Loans, deposits, etc. | 026 | 249.890 | 249.890 | |||
| 7. Other non-current financial assets | 027 | |||||
| 8. Equity-accounted investments | 028 | |||||
| IV. RECEIVABLES (030 do 032) | 029 | |||||
| 1. Receivables from related parties | 030 | |||||
| 2. Receivables arising from sales on credit 3. Other receivables |
031 | |||||
| V. DEFERRED TAX ASSET | 032 033 |
|||||
| C) CURRENT ASSETS (035+043+050+058) | 034 | 21.773.518 | 21.259.105 | |||
| 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 | 1.995.377 | 1.772.612 | |||
| 1. Receivables from related parties | 044 | 5.192 | 12.248 | |||
| 2. Receivables from end-customers | 045 | 1.420.517 | 1.207.609 | |||
| 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 | 5.977 | 26.748 | |||
| 6. Other receivables III. CURRENT FINANCIAL ASSETS (051 do 057) |
049 050 |
562.221 | 513.890 | |||
| 1. Share in related parties | 051 | 17.692.980 | 19.151.690 | |||
| 2. Loans to related parties | 052 | |||||
| 3. Participating interests (shares) | 053 | |||||
| 4. Loans to companies with participating interest | 054 |
| 5. Investments in securities | 0-55 | ||||
|---|---|---|---|---|---|
| 6. Loans, deposits, etc. | 056 | ||||
| 7. Other financial assets | 057 | 17.692.980 | 19.151.690 | ||
| IV. CASH AND CASH EQUIVALENTS | 058 | 2.078.607 | 328.717 | ||
| D) PREPAYMENTS AND ACCRUED INCOME | 0 - 9 | 681.640 | 707,101 | ||
| E) TOTAL ASSETS (001+002+034+059) | 060 | 43.525.603 | 44.876.033 | ||
| F) OFF BALANCE SHEET ITEMS | 061 | ||||
| EQUITY AND LIABILITIES | |||||
| A) ISSUED CAPITAL AND RESERVES | |||||
| (063+064+065+071+072+075+078) | 062 | 39.386.124 | 39.540.107 | ||
| I. 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 | 066 | 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 | ||||
| V. RETAINED EARNINGS OR LOSS CARRIED FORWARD (073-074) | 072 | (22.282.590) | (20.972.057) | ||
| 1. Retained earnings | 073 | ||||
| 2. Loss carried forward | 074 | 22.282.590 | 20.972.057 | ||
| VI. NET PROFIT OR LOSS FOR THE PERIOD (076-077) | 075 | 1.310.533 | 153.983 | ||
| 1. Net profit for the period | 076 | 1.310.533 | 153.983 | ||
| 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 liabilities | 080 | ||||
| 2. Provisions for tax liabilities | 081 | ||||
| 3. Other provisions | 082 | ||||
| C) NON-CURRENT LIABILITIES (084 do 092) | 083 | And Children Children | 797.319 | ||
| 1. Liabilities to related parties | 084 | ||||
| 2. Liabilities for loans, deposits, etc. | 085 | ||||
| 3. Liabilities to banks and other financial institutions | 086 | ||||
| 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 | ||||
| D) CURRENT LIABILITIES (094 do 105) | 093 | 927.849 | 1.582.407 | ||
| 1. Liabilities to related parties | 094 | ||||
| 2. Liabilities for loans, deposits, etc. | 095 | ||||
| 096 | |||||
| 3. Liabilities to banks and other financial institutions | |||||
| 4. Liabilities for advances | 097 | 8.945 | 7.172 | ||
| 5. Trade payables | 098 | 299.469 | 257.032 | ||
| 6. Commitments on securities | 0 ପ୍ରିପି | ||||
| 7. Liabilities to companies with participating interest | 100 | ||||
| 8. Liabilities to employees | 101 | 296.506 | 283,571 | ||
| 9. Taxes, contributions and similar liabilities | 102 | 322.929 | 275.655 | ||
| 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 | 758.977 | |||
| E) ACCRUED EXPENSES AND DEFERRED INCOME | 106 | 3.211.630 | 2.956.200 | ||
| F) TOTAL EQUITY AND LIABILITIES (062+079+083+093+106) | 107 | 43.525.603 | 44.876.033 | ||
| 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.
| Company of the compress of the comment of the comments of MCNI | |||||
|---|---|---|---|---|---|
| Position | AOP | Previous period |
Previous period |
Current period | Current period |
| Cumulative | Quarter | Cumulative | Quarter | ||
| 1 | 2 | 3 | 4 | ર્ડ | ರಿ |
| I. OPERATING INCOME (112 do 113) | 111 | 3.089.479 | 3.089.479 | 2.910.459 | 2.910.459 |
| 1. Rendering of services | 112 | 3.004.730 | 3.004.730 | 2,882.651 | 2.882.651 |
| 2. Other operating income | 113 | 84.749 | 84.749 | 27.808 | 27.808 |
| II. OPERATING COSTS | 114 | 3.032.013 | 3.032.013 | 3.207.109 | 3.207.109 |
| (115+116+120+124+125+126+129+130) | |||||
| 1. Change in inventories of work in progress | 115 | ||||
| 2. Material expenses (117 do 119) | 116 | 1.096.715 | 1.096.715 | 938.578 | 938.578 |
| a) Costs of raw materials | 117 | 151.460 | 151.460 | 114.429 | 114.429 |
| b) Cost of goods sold | 118 | ||||
| c) Other material expenses | 119 | 945.255 | 945.255 | 824.149 | 824.149 |
| 3. Employee benefits expenses (121 do 123) | 120 | 1.499.641 | 1.499.641 | 1.531.554 | 1.531.554 |
| a) Net salaries | 121 | 813.295 | 813.295 | 845.895 | 845.895 |
| b) Tax and contributions from salary expenses | 122 | 473.838 | 473.838 | 472.544 | 472.544 |
| c) Contributions on salary | 123 | 212.508 | 212.508 | 213.115 | 213.115 |
| 4. Depreciation and amortization | 124 | 102.991 | 102.991 | 269.970 | 269.970 |
| 5. Other expenses | 125 | 327.528 | 327.528 | 466.755 | 466.755 |
| 6. Write down of assets (127+128) | 126 | 11 11 11 11 - | |||
| a) non-current assets (except financial assets) | 127 | - | |||
| b) current assets (except financial assets) | 128 | - | - | ||
| 7. Provisions | 129 | ||||
| 8. Other operating costs | 130 | 5.138 | 5.138 | 252 | 252 |
| III. FINANCIAL INCOME (132 do 136) | 131 | 20.015 | 20.015 | 469.791 | 469.791 |
| 1. Interest, foreign exchange differences, | |||||
| dividends and similar income from related | 132 | - | 7 | 7 | |
| parties | |||||
| 2. Interest, foreign exchange differences, dividends and similar income from third parties |
133 | 12.383 | 12.383 | 8.689 | 8.689 |
| 3. Income from investments in associates | |||||
| and joint ventures | 134 | ||||
| 4. Unrealized gains (income) from financial | 135 | 7.632 | 7.632 | 458.710 | 458.710 |
| assets 5. Other financial income |
136 | 2.385 | 2.385 | ||
| IV. FINANCIAL EXPENSES (138 do 141) | 137 | ||||
| 1. Interest, foreign exchange differences, | 3.928 | 3.928 | 19.158 | 19.158 | |
| dividends and similar income from related | 138 | ||||
| parties | |||||
| 2. Interest, foreign exchange differences, | 139 | 3.758 | 3.758 | 19.158 | 19.158 |
| dividends and similar income from third parties 3. Unrealized losses (expenses) from |
|||||
| financial assets | 140 | 117 | 117 | ||
| 4. Other financial expenses | 141 | રેં રે | 53 | - | |
| V. SHARE OF PROFIT FROM ASSOCIATED COMPANIES |
142 | ||||
| VI. SHARE OF LOSS FROM ASSOCIATED COMPANIES |
143 | ||||
| VI. EXTRAORDINARY - OTHER INCOME | 144 | - | |||
| VIII. EXTRAORDINARY - OTHER EXPENSES | 145 | - |
| IX. TOTAL INCOME (111+131+144) | 3.109.494 | 3.109.494 | 3.380.250 | 3.380.250 | |
|---|---|---|---|---|---|
| X. TOTAL EXPENSES (114+137+143+145) | 3.035.941 | 3.035.941 | 3.226.267 | 3.226.267 | |
| XI. PROFIT OR LOSS BEFORE TAXES (146- 147) |
148 | 73.553 | 73.553 | 153.983 | 153.983 |
| 1. Profit before taxes (146-147) | 149 | 73.553 | 73.553 | 153.983 | 153.983 |
| 2. Loss before taxes (147-146) | 150 | ||||
| TAXATION XII. |
151 | ||||
| XII. PROFIT OR LOSS FOR THE PERIOD (148- 151) |
152 | 73.553 | 73.553 | 153.983 | 153.983 |
| 1. Profit for the period (149-151) | 153 | 73.553 | 73.553 | 153.983 | 153.983 |
| 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 | ||||
| 2. Attributable to minority interest STATEMENT OF OTHER COMPREHENSIVE |
156 | ||||
| INCOME (only for IFRS adopters) | |||||
| I. PROFIT OR LOSS FOR THE PERIOD (=152) | 157 | 73.553 | 73.553 | 153.983 | 153.983 |
| II. OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAXES (159 TO 165) |
158 | ||||
| 1. Exchange differences from international | 159 | ||||
| settlement 2. Changes in revaluation reserves of long-term |
|||||
| tangible and intangible assets | 160 | ||||
| 3. Profit or loss from re-evaluation of financial assets held for sale |
181 | ||||
| 4. Profit or loss from cash flow hedging | 162 | ||||
| 5. Profit or loss from hedging of foreign investments |
163 | ||||
| 6. Share of other comprehensive income/loss from associated 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 | ||||
| V. COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (157+167) |
168 | 73.553 | 73.553 | 153.983 | 153.983 |
| 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 | ||||
| 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. | |||||
| Position | AOP | Previous period | Current period | ||
| 1 | 2 | 3 | 4 | ||
| CASH FLOWS FROM OPERATING ACTIVITIES | |||||
| 1. Profit before tax | 001 | 73.553 | 153.983 | ||
| 2. Depreciation and amortization | 002 | 102.991 | 269.970 | ||
| 3. Decrease of current liabilities | 003 | ||||
| 4. Decrease of current receivables | 004 | 167.765 | |||
| 5.Decrease of inventories | 005 | 702 | 468 | ||
| 6. Other cash flow increases | 006 | 26.067 | |||
| I. Total increase of cash flow from operating activities | 007 | 203.313 | 592.186 | ||
| 1. Decrease of current liabilities | 008 | 313.248 | 317.936 | ||
| 2. Increase of current receivables | 009 | ||||
| 3. Increase of inventories | 010 | ||||
| 4. Other cash flow decreases | 011 | 636.931 | 739.601 | ||
| II. Total decrease of cash flow from operating activities | 012 | 950.179 | 1.057.537 | ||
| A1) NET INCREASE OF CASH FLOW FROM OPERATING ACTIVITIES | 013 | ||||
| A2) NET DECREASE OF CASH FLOW FROM OPERATING ACTIVITIES |
014 | 746.866 | 465.351 | ||
| CASH FLOW FROM INVESTING ACTIVITIES | |||||
| 1. Proceeds from sale of non-current assets | 015 | ||||
| 2. Proceeds from sale of non-current financial assets | 016 | ||||
| 3. Interest received | 017 | 55.000 | |||
| 4. Dividend received | 018 | ||||
| 5. Other proceeds from investing activities | 019 | 342.538 | |||
| III. Total cash inflows from investing activities | 020 | 342.538 | 55.000 | ||
| 1. Purchase of non-current assets | 021 | 17.737 | 339.539 | ||
| 2. Purchase of non-current financial assets | 022 | ||||
| 3. Other cash outflows from investing activities | 023 | 1.000.000 | |||
| IV. Total cash outflows from investing activities | 024 | 17.737 | 1.339.539 | ||
| B1) NET INCREASE OF CASH FLOW FROM INVESTING ACTIVITIES | 025 | 324.801 | |||
| B2) NET DECREASE OF CASH FLOW FROM INVESTING ACTIVITIES | 026 | 1.284.539 | |||
| CASH FLOW FROM FINANCING ACTIVITIES | |||||
| 1. Proceeds from issue of equity securities and debt securities | 027 | ||||
| 2. Proceeds from loans and borrowings | 028 | ||||
| 3. Other proceeds from financing activities | 079 | ||||
| V. Total cash inflows from financing activities | 030 | ||||
| 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 | ||||
| C2) NET DECREASE OF CASH FLOW FROM FINANCING ACTIVITIES | 038 | ||||
| Total increases of cash flows | 039 | ||||
| Total decreases of cash flows | 040 | 422.065 | 1.749.890 | ||
| Cash and cash equivalents at the beginning of period | 041 | 882.758 | 2.078.607 | ||
| Increase of cash and cash equivalents | 042 | ||||
| Decrease of cash and cash equivalents | 043 | 422.065 | 1.749.890 | ||
| Cash and cash equivalents at the end of period | 044 | 460.693 | 328.717 | ||
&
STATEMENT OF CHANGES IN EQUITY
period 1.1.2019 to 31.3.2019
| 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 | (22.282.590) | (20.972.057) |
| 5. Net profit or loss for the period | 005 | 73.553 | 153.983 |
| 6. Revaluation of tangible assets | 006 | ||
| 7. Revaluation of intangible assets | 007 | ||
| 8. Revaluation of available for sale assets | 008 | ||
| 9. Other revaluation | 009 | ||
| 10. Total equity and reserves (AOP 001 to 009) | 010 | 38.149.144 | 39.540.107 |
| 11. Foreign exchange differences from foreign investments | 011 | ||
| 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 | 73.553 | 153.983 |
| 17. Total increase or decrease of equity (AOP 011 to 016) | 017 | 73-553 | 153.983 |
| 17 a. Attributable to majority owners | 018 | ||
| 17 b. Attributable to minority interest | 019 | - |
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