STATEMENT OF COMPREHENSIVE INCOME
| 2015 BGN’000 |
2014 BGN’000 |
2013 BGN’000 |
2012 BGN’000 |
2011 BGN’000 |
2010 BGN’000 | 2009 BGN’000 | 2008 BGN’000 | 2007 BGN’000 | |
| Revenue | 85 935 | 69 718 | 54 729 | 59 270 | 49 552 | 40 398 | 26 734 | 25 995 | 17 488 |
| Cost of sales | (57 100) | (49 470) | (40 213) | (41 340) | (34 910) | (26 673) | (18 549) | (17 210) | (13 533) |
| Expenses below normal capacity | (134) | (1 199) | (763) | (1 748) | (892) | (870) | (335) | – | – |
| Gross profit | 28 701 |
19 049 |
13 753 | 16 182 | 13 750 | 12 855 | 7 850 | 8 785 | 3 955 |
| Other operating income/(losses), net | 467 | 247 | 280 | 111 | 314 | 286 | 183 | 842 | 1 001 |
| Distribution and selling costs | (14 745) | (11 042) | (9 101) | (6 967) | (5 723) | (4 645) | (2 790) | (2 431) | (2 237) |
| Administrative expenses | (4 039) | (3 562) | (3 091) | (2 991) | (3 188) | (2 364) | (2 402) | (1 956) | (1 832) |
| Current portion of finance lease liabilities | (257) | (41) | (159) | (162) | (52) | (70) | (131) | (350) | (207) |
| Profit from operations | 10 127 | 4 651 |
1 682 |
6 173 |
5 101 |
6062 | 2 710 | 4 890 | 680 |
| Finance income | 191 | 263 | 535 | 291 | 162 | 22 | 114 | 205 | 470 |
| Finance costs | (2 240) | (2 180) | (921) | (662) | (651) | (462) | ( 685) | (636) | (912) |
| Finance income / (costs), net | (2 049) |
(1 917) |
(386) | (371) | (489) | (440) | (571) | (431) | (442) |
| Profit before income tax | 8 078 | 2 734 | 1 296 | 5 802 | 4 612 | 5 622 | 2 139 | 4 459 | 238 |
| Income tax expense | (829) | (278) | (137) | (590) | (471) | (574) | (220) | (483) | (28) |
| Net profit for the year | 7 249 | 2 456 | 1 159 | 5 212 | 4 141 | 5048 | 1 919 | 3 976 | 210 |
| Other comprehensive income for the year: | (7) | (12) | (12) | (46) | – | – | – | – | – |
| TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 7 242 | 2 444 |
1 147 | 5 166 | 4 141 | 5048 | 1 919 | 3 976 | 210 |
STATEMENT OF FINANCIAL POSITION
| 31 December 2015 BGN’000 |
31 December 2014 BGN’000 |
31 December 2013 BGN’000 |
31 December 2012 BGN’000 |
31 December 2011 BGN’000 |
31 December 2010 BGN’000 |
31 December 2009 BGN’000 |
31 December 2008 BGN’000 |
31 December 2007 BGN’000 |
|
| ASSETS | |||||||||
| Non-current assets | |||||||||
| Property, plant and equipment | 29 574 | 30 313 | 29 418 | 28 775 | 26 920 | 26 563 | 27 520 | 25 413 | 24 184 |
| Intangible assets | 206 | 321 | 454 | 3 | 1 | 3 | 2 | – | – |
| Investments in subsidiaries and associates | 1 012 | 1 012 | 1 093 | 1 013 | 4 | 4 | 1 | 3 | 2 |
| Loans granted | 39 | – | – | 12 | 12 | 12 | – | – | – |
| Loans granted | – | – | – | – | 3 | 6 | 22 | – | – |
| 30 831 | 31 646 | 30 965 | 29 803 |
26 940 | 26 588 | 27 545 | 25 416 | 24 186 | |
| Current assets | |||||||||
| Inventories | 20 504 | 22 115 | 17 159 | 14 117 | 13 783 | 10 575 | 6 568 | 7 992 | 3 753 |
| Trade receivables | 23 482 | 20 485 | 12 108 | 14 651 | 13 000 | 9 169 | 7 514 | 6 995 | 3 830 |
| Receivables from related parties | 1 399 | 847 | 1 494 | 1 677 | 587 | 234 | 50 | 171 | 374 |
| Other receivables and prepayments | 520 | 1 149 | 758 | 1 182 | 700 | 634 | 441 | 328 | 185 |
| Cash and cash equivalents | 257 | 190 | 958 | 761 | 880 | 924 | 639 | 462 | 887 |
| 46 162 |
44 786 | 32 477 | 32 388 | 28 950 | 21 536 | 15 212 | 15 948 | 9 029 | |
| TOTAL ASSETS | 76 993 | 76 432 |
63 442 | 62 191 | 55 890 | 48 124 | 42 757 | 41 364 | 33 215 |
| EQUITY AND LIABILITIES | |||||||||
| EQUITY | |||||||||
| Share capital | 9 600 | 9 600 | 9 600 | 9 600 | 9 600 | 9 600 | 9 600 | 9 600 | 8 000 |
| Reserves | 2 046 | 1 801 | 1 685 | 1 163 | 749 | 244 | 51 | 51 | 1 442 |
| Retained earnings | 35 537 | 29 540 | 27 212 | 27 587 | 23 835 | 21 699 | 16 844 | 15 440 | 11 674 |
| TOTAL EQUITY | 47 183 | 40 941 |
38 497 | 38 350 | 34 184 | 31 543 | 26 495 | 25 091 | 21 116 |
| LIABILITIES | |||||||||
| Non-current liabilities | |||||||||
| Long-term bank loans | 4 719 | 2 123 | 2 111 | 2 826 | 2 184 | 2 306 | 2 922 | 2 241 | 17 |
| Deferred tax liabilities | 1 374 | 1 430 | 1 435 | 1 460 | 1 424 | 1 398 | 1 406 | 1 421 | 1 472 |
| Finance lease liabilities | 980 | 93 | 149 | 21 | 67 | 162 | 194 | 231 | 104 |
| Retirement benefit obligations | 144 | 120 | 114 | 93 | 46 | 32 | 79 | 80 | 70 |
| Long-term financing | 70 | 1 122 | 1 276 | 678 | 5 | 27 | 46 | – | – |
| 7 287 | 4 888 | 5 085 |
5 078 | 3 726 | 3 925 | 4 647 | 3 973 | 1 663 | |
| Current liabilities | |||||||||
| Short-term bank loans | 9 589 | 15 852 | 7 722 | 6 052 | 7 905 | 1 891 | 6 252 | 6 312 | 6 759 |
| Trade payables | 11 801 | 13 682 | 10 239 | 10 773 | 8 516 | 9 593 | 3 444 | 4 981 | 3 375 |
| Payables to related parties | 72 | 199 | 912 | 1 074 | 1 056 | 326 | 1 240 | 20 | 34 |
| Payables to personnel and for social security | 488 | 393 | 417 | 246 | 252 | 300 | 321 | ||
| Current portion of financing | 148 | 155 | 155 | 35 | 19 | 2 | 18 | ||
| Current portion of finance lease liabiblities | 111 | 109 | 109 | 81 | 120 | – | – | ||
| Tax payables | 259 | 126 | 84 | 102 | 37 | 378 | 181 | ||
| Other current liabilities | 55 | 87 | 222 | 400 | 75 | 166 | 159 | 987 | 268 |
| 22 523 | 30 603 | 19 860 | 18 763 | 17 980 | 12 656 | 11 615 | 12 300 | 10 436 | |
| TOTAL LIABILITIES | 29 810 | 35 491 | 24 945 | 23 841 | 21 706 | 16 581 | 16 262 | 16 273 | 12 099 |
| TOTAL EQUITY AND LIABILITIES | 76 993 |
76 432 | 63 442 |
62 191 | 55 890 | 48 124 | 42 757 | 41 364 | 33 215 |