MERMEREN KOMBINAT AD Company Mermeren Kombinat AD Prilep | |
Reporting period 01.01 - 31.12 | 2023 |
Income Statement
Position
- Sales revenues
1a Revenues from domestic market
1b Revenues from foreign markets
- Cost of goods sold
- Gross Profit
- Administrative Costs
-
Sales and Marketing Cost
6 Provisions
7 Other operating revenues
8 Impairement and Other operating Costs
9 Operating profit
10 Total Financial Revenue
Financial revenues from investment, loans granted and interest 10а and exchange rate gains
10b Other Financial Revenue
10c Income From Associated Companies
11 Total Financial Expenses
11a Financial expenses from interests and exchange rate losses
11b Other financial expenses
11c Losses from Associates
- Profit from ordinary activities
- Net Profit from Discountinued activities
- Profit from ordinary activities before taxation
- Corporate tax
- Net profit
- Net profit minority shareholders
- Net profit Majority shareholders
- Total other comprehensive income
- TOTAL COMPREHENSIVE INCOME
In EUR | ||
Previous Period | Curent Period | Indices |
curent year | ||
01/01-31/12/22 | 01/01-31/12/23 | / previous |
year | ||
30.379.066 | 29.264.415 | 96 |
94.205 | 142.348 | 151 |
30.284.861 | 29.122.067 | 96 |
10.344.213 | 10.229.259 | 99 |
20.034.853 | 19.035.156 | 95 |
1.529.954 | 1.379.608 | 96 |
2.727.401 | 2.229.356 | 82 |
0 | 0 | 0 |
133.814 | 20.006 | 19 |
467.375 | 507.031 | 108 |
15.443.937 | 14.939.167 | 96 |
147.696 | 264.701 | 179 |
147.597 | 264.671 | 179 |
99 | 30 | 30 |
0 | 0 | 0 |
242.396 | 298.273 | 88 |
242.396 | 298.270 | 88 |
0 | 3 | 0 |
0 | 0 | 0 |
15.349.237 | 14.905.595 | 97 |
0 | 0 | 0 |
15.349.237 | 14.905.595 | 97 |
-1.399.223 | -1.207.173 | 0 |
13.950.014 | 13.698.422 | 98 |
0 | 0 | 0 |
13.950.014 | 13.698.422 | 98 |
0 | 0 | 0 |
13.950.014 | 13.698.422 | 98 |
Analysis of the operating profit by nature of costs
Position
- Sales revenues
1a Revenues from rents and consumables
- Other operating revenues
- Changes in inventories of finished goods and work in progress
- Cost of trading goods sold
- Cost of consumed materials and other supplies
-
Cost of materials, spare parts and other inventory sold
7 Services
- Other Expenditures
- Service costs
- Amortization And Depreciation
- Impairment losses of Non-current assets
- Impairment losses of current assets
- Provisions
- Other operating expenses
- Operating profit
Previous Period | Curent Period | Indices |
Year to date | Year to date | / previous |
year | ||
30.379.066 | 29.264.415 | 96 |
3.779 | 301 | 0 |
160.317 | 19.705 | 16 |
256.357 | 318.735 | 122 |
0 | 0 | 0 |
4.934.937 | 4.462.149 | 90 |
5.508 | 347 | 0 |
2.884.586 | 2.338.078 | 81 |
934.827 | 989.741 | 115 |
3.999.665 | 4.100.834 | 103 |
2.128.684 | 2.263.747 | 106 |
0 | 0 | 0 |
229.329 | 413.928 | 180 |
0 | 0 | 0 |
238.047 | 95.165 | 40 |
15.443.937 | 14.939.167 | 96 |
EXPLANATION ON THE OPERATION OF
MERMEREN KOMBINAT AD PRILEP
FOR THE PERIOD
FROM 01.01.2023 TO 31.12.2023
In accordance to the changes and additions of the Quotation regulations, we present this explanation to the financial result for the period from 01 January to 31 December 2023.
- Changes in accounting policies and methods of evaluation of items in the financial statements compared to the latest annual audited financial statements have not been made.
- For the period from 01 January to 31 December 2023, Mermeren Kombinat AD Prilep ("the Company"), generated sales revenue in the amount of € 29,264,415, which is a decrease of 3.67% compared to the same period of the previous year.
Sales revenue | 2023 | 2022 | ||
- Domestic market | 142,348 | 0.49% | 94,205 | 0.31% |
- Foreign market | 29,122,067 | 99.51% | 30,284,861 | 99.69% |
29,264,415 | 30,379,066 | |||
Sales revenue | 2023 | 2022 | ||
- Quarry | 28,425,609 | 97.13% | 29,413,353 | 96.82% |
- Factory | 838,806 | 2.87% | 965,713 | 3.18% |
29,264,415 | 30,379,066 |
The operating profit for the period is in the amount of € 14,939,167, compared to the operating profit for the same period in 2022 in the amount of € 15,443,937, representing a decrease of 3.27%.
EBITDA for the period of 01 January to 31 December 2023 is € 17,205,859, compared to € 17,574,582 for the same period of the previous year, or decrease of 2.10%.
The final result after the tax is positive, amounting to € 13,698,422 shows a decrease of 1.80% compared to the profit for the same period last year, in the amount of € 13,950,014.
C. Operating expenses are in the amount of € 14,663,989 and represent decrease of 4.50% compared to the same period of the previous year.
D. The cost of materials and consumables were decreased by 9.58%, and employee expenses were increased by 2.53%.
- External services expenses are decreased by 18.95%. Depreciation costs amounted to € 2,263,747, and are higher by 6.34% compared to the previous year.
- There are no significant investments in tangible assets (real estate, plant and equipment) or significant write-off, higher than 30% of the value of the assets, compared to the last annual financial reports.
- At 11 December 2023 and according to the Shareholders' Assembly decision no. 02-5470/3, part of the retained earnings realized till 31 December 2022 in the amount of €19,028,643 Euros were allocated for dividends distribution. The amount of the gross dividend per ordinary share is determinate at €4.06 (1€=61.5 denars). During the period ended 31 December 2023 the Company paid dividends to its shareholders in net amount of €18,820,554 and in addition €204,050 relating to taxes on dividend paid.
- Loan indebtedness of the Company for the period January to December 2023 raised to € 56,052 compared to zero in the previous annual financial statements, due to engagement in leasing contracts.
- Prospects: 2024 is expected to be a period of positive operational and financial performance.
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Mermeren Kombinat AD Prilep published this content on 01 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2024 18:18:06 UTC.
