ALTUR S.A. RC J/28/131/1991, CUI: R1520249, SIRUES 281092373, SICOMEX 37122,
CONT RO50RNCB3800000000040001, BCR SLATINAstr. PITEŞTI, Nr. 114, 230104, SLATINA, jud. OLT, ROMANIA Tel. 0249/436030; 436031; 436032, Fax.0249/436979; 436036Half-Yearly Report - 2017 I Half-year
According to Regulation C.N.V.M 1/2006, Law no. 24/2017 and
Law no. 297/2004 Report date : 14.08.2017
Name of issuing company: ALTUR SA Headquarters: Slatina, Str. Piteşti, No.114, County Olt Phone/fax numbers : 0249/436834;0249/436037 Unique registration code at ORC: R 1520249
Order number in the Trade Register :J28/131/1991 Shares capital subscribed and paid up :82.438.833,8 lei Shares no./nominal value :824.388.338 shares with nominal value of 0,1 ron/share Reglemented market on which issued real estate assets are transactioned, BVB , standard categoryCh. I Financial -economical situation
Presentation of an analysis of current economic and financial situation comparative to the same period of last year , referring at least to :
Elements of balance sheet
Crt. No. | Chapter | U/M (formula) | I Half Year 2016 | I Half Year 2017 |
1 | Cash and other available liquidities | Lei | 858.898 | 640.478 |
2 | Fixed assets | Lei | 76.288.232 | 60.110.295 |
3 | Current assets | Lei | 62.889.287 | 72.700.346 |
4 | Total assets | Lei | 139.177.519 | 132.810.641 |
5 | Current liabilities | Lei | 52.115.486 | 57.999.785 |
6 | Turnover | Lei | 45.230.418 | 49.374.031 |
7 | Total incomes | Lei | 47.523.759 | 71.166.745 |
8 | Rough profit/loss() | Lei | (2.106.041) | 3.521.504 |
9 | Rate of rough profit | (8)*100/(6) (%) | - | 7,13 |
10 | Net degree of insurance for financial availabilities | (1)*100/(3) (%) | 1,37 | 0,88 |
11 | Report Current assets Fixed assets | (3)*100/(2) (%) | 87 | 120,9 |
12 | Rotation number of total active | 2*(6)/(4) | 0,65 | 0,74 |
13 | Rate of intangible assets | (2)*100/(4) (%) | 54,81 | 45,26 |
14 | Average profit for 1 ron total income | (8)/(7) | - | 0,049 |
15 | Liabilities ratio in total Liabilities | (5)*100/(4) (%) | 37,44 | 43,67 |
Fixed assets represent 45,26% from company assets . Value of fixed assets at 30.06.2017 is of 60.110.295 ron, smaller by 26,91% compare to the same period of 2016.
Current assets represent 54,74% from company assets and are made of :
Stocks that represent 36,93% from current assets and 20,21% total assets of the company
Financial claims represent 61,53% from current assets and 33,68% from company assets. In case of financial debts commercial claims have the majority ( customers payment not done), which represent 46,11% from the total of financial debts.
Cash and cash equivalent in amount of 640.478 ron represent 0,88%from the value of current assets . Total debts of company are in amount of 62.619.326lei and represent 47,15% from company fixed assets.
Commercial debts represent 37,38% from total debts. b)Elements of the profit and losses account
Costs elements of minimum 20% from total income
- ron -
Crt. No | Chapter | First Half Year 2016 | First Half Year 2017 |
1. | Turnover | 45.230.418 | 49.374.031 |
2. | Total income | 47.523.759 | 71.166.745 |
3. | Cost with raw material | 23.695.125 | 24.526.221 |
4. | Costs for personnel | 11.813.730 | 13.843.670 |
Turnover has increased by 9,16 % in first half of 2017 compared to the same period of 2016, having the following main causes :entering to serial production of references with a high degree of value adding ; increase of Al. alloys quotation ( LME) in the first half year from 2017 compared to first half year of 2016; increase of products demands at main customers.
Exploitation loss was generated mainly by costs occurred as result of complex processes of manufacturing preparing, of release, launching in pre-series for new products , which entered manufacturing in the first half year or will go to serial production in the second half year of 2017 , as well as influences from the costs with workforce .
In the first half year of 2017,Altur SA did not sell and did not stop any segment of activity and no such events are foreseen for the future
c)Cash-flow
Crt. No | Chapter | First Half Year 2016 | First Half Year 2017 | Crt. No |
1. | Own capitals | 63.121.194 | 66.622.629 | 66.642.699 |
2. | Long term debts | 15.469.663 | 20.439.404 | 8.168.157 |
3. | Net fixed assets | 75.364.316 | 76.288.232 | 60.110.295 |
4. | Working fund | 3.226.541 | 10.773.801 | 14.700.561 |
5. | Stocks | 27.823.712 | 26.380.270 | 26.844.708 |
6. | Receivables | 32.103.487 | 35.184.438 | 44.730.933 |
7. | Exploitation debts | 57.496.400 | 52.115.486 | 57.999.785 |
8. | Regularization accounts | 498.837 | 465.681 | 484.227 |
9. | Need of working fund | 2.929.636 | 9.914.903 | 14.060.083 |
10. | Net treasury | 296.905 | 858.898 | 640.478 |
11. | Cash-flow | (1.347.612) | (785.619) | 343.573 |
*Financial debts on long term include also advanced incomes.
* Regularization accounts represent debts registered in advance.
Chap. II ACTIVITY ANALYSIS ALTUR S.A
Presentation and analysis of tendencies, elements, events or incertitude factors , which affect or can affect company liquidity.
Cr No.
Indicator
Half-year I 2016
Half -year I 2017
1
Liquidity rate
Current assetsCurrent debts
1,21
1,25
2
Restrained liquidity rate
Financial disp+ receivables
Current debts
0,69
0,78
3
Rate of immediate liquidity
0,016
0,011
No events are foreseen that can affect the company liquidity.
Presentation and analysis on the company financial situation, of all costs of capital, current or anticipated.
Crt No | Chapter | U/M (formula) | Half-year I 2016 | Half -year I 2017 |
1. | Turnover | lei | 45.230.418 | 49.374.031 |
2. | Net profit | lei | (2.106.041) | 3.521.504 |
3. | Rough profit | lei | (2.106.041) | 3.521.504 |
4. | Exploitation profit | lei | 549.211 | (930.696) |
5. | Total Assets | lei | 139.177.519 | 132.810.641 |
6. | Total fixed assets | lei | 76.288.232 | 60.110.295 |
7. | Own Capital | lei | 66.622.629 | 66.642.699 |
8. | Stocks | lei | 26.380.270 | 26.844.708 |
9. | Receivables | lei | 35.184.438 | 44.730.933 |
10. | Reference date | lei | 30.06.2016 | 30.06.2017 |
11. | Shares price on the market | lei | 0,0372 | 0,0392 |
12. | Shares' nominal value | lei | 0,1 | 0,1 |
13. | Stocks rotation | 2*(1)/(8) | 3 | 4 |
14. | Average period of collecting receivables | 181*(9)/(1) (days ) | 141 | 164 |
15. | Rotation of fixed assets | 2*(1)/(6) | 1,19 | 1,64 |
ALTUR SA published this content on 14 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 August 2017 16:26:05 UTC.
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