Interim Consolidated Financial Statements as of 31.03.2018

2018.05.30

BILLBOARD AD filed with FSC, BSE-Sofia AD and presented to the public its consolidated interim financial statements as of 31.03.2018.

Pursuant to the unaudited consolidated financial statements of BILLBOARD AD, drawn up according to the IAS/IFRS as of 31.03.2018 the company reported total net sales revenues in the amount of BGN 8 486 000 compared to BGN 7 906 000 registered by 31.03.2017 which represents an increase of the net sales revenues by 7.34 %. As of 31.03.2018 the consolidated production net sales revenues of BILLBOARD AD were in the amount of BGN 6 980 000 compared to the consolidated production net sales revenues registered by 31.03.2017 in the amount of BGN 6 830 000 which represents an increase by 2.20 %. As of 31.03.2018 the consolidated service net sales revenues of BILLBOARD AD were in the amount of BGN 1 506 000 compared to the consolidated service net sales revenues registered by 31.03.2017 in the amount of BGN 1 076 000 which represents a growth by 39.96 %.

As of 31.03.2018 BILLBOARD AD reported consolidated profit before taxes in the amount of BGN 340 000 compared to the profit before taxes in the amount of BGN 318 000 for the same period of 2017 which represents growth of the company's consolidated profit before taxes by 6.92 %. The consolidated net profit of BILLBOARD AD as of 31.03.2018 is in the amount of BGN 342 000 compared to the consolidated net profit of the company as of 31.03.2017 in the amount of 319 000. The consolidated net profit of BILLBOARD AD as of 31.03.2018, related to the owners of the parent company in the amount of BGN 233 000 and grows by 2.64 % compared to the consolidated net profit, related to the owners of the parent company as of 31.03.2017 in the amount of BGN 227 000.

As of 31.03.2018 the earnings before taxes and depreciation and amortization, increased with the financial expenses and decreased with the financial incomes (EBITDA) of BILLBOARD AD on a consolidated basis were in the amount of BGN 1 190 000 compared to the EBITDA on a consolidated basis reported by 31.03.2017 in the amount of BGN 1 131 000 which is a 5.21 % increase.

As of 31.03.2018 the earnings before taxes and depreciation and amortization, increased by the financial expenses and decreased by the financial incomes (EBIT) of BILLBOARD AD on a consolidated basis were in the amount of BGN 550 000 compared to the EBIT on a consolidated basis reported by 31.03.2017 in the amount of BGN 554 000 which is a 0.72 % decrease.

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Billboard AD Sofia published this content on 30 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 May 2018 19:32:02 UTC