Financial reports

BALANCE SHEET

2012 2013 2014 2015
A. FIXED ASSETS
I. INTANGIBLE ASSETS 9.245 0 98.493 147.682
II. TANGIBLE ASSETS 174.491 323.318 179.073 58.742
III. FINANCIAL ASSETS 18.873 40.551 92.923 90.902
FIXED ASSETS – TOTAL 202.609 363.869 370.489 297.326
B. CURRENT ASSETS
I. INVENTORY 3.388 15.984 995.189 132.610
II.Receivables 2.135.222 4.022.250 3.249.575 4.815.606
III. SHORT TERM INVESTMENTS 0
IV. CASH & CASH EQUIVALENTS 604.032 20.663 812.944 3.007.788
CURRENT ASSETS – TOTAL 2.742.642 4.058.897 5.057.708 7.956.004
C. PREPAID EXPENSES 77.810 87.789 68.672 94.669
D. SHORT TERM DEBT 1.779.645 3.261.941 3.557.154 5.623.092
E. NET CURRENT ASSETS / NET CURRENT LIABILITIES 1.040.807 882.028 1.567.397 2.421.826
F. TOTAL ASSETS LESS CURRENT LIABILITIES 1.243.416  1.245.897 1.937.886 2.719.152
G. LONG TERM DEBT 0 0 657.788 499.858
H. PROVISIONS 0 0
I. PREPAID / ADVANCE REVENUE 751.101 587.021 417.184 305.269
1. Subsidies for investments 751.101 584.304 415.355 299.514
2. Unearned revenue 0 2.717 1.829 5.755
less than one year 0 2.717 1.829 5.755
more than one year 0
3. Income received in advance for assets transferred from customers 0
Negative goodwill 0
J. CAPITAL & RESERVES
I. CAPITAL 300.000 300.000 333.333 450.438
1. Subscribed paid capital 300.000 300.000 333.333 450.438
2. Subscribed unpaid capital 0
3.Patrimony (autonomous public sector entities) 0
4. National institutes of research and development patrimony 0
II. PREMIUM SHARE CAPITAL
III. REVALUATION RESERVES 0
IV. MANDATORY RESERVES 31.212 41.784 60.359 61.073
Company own shares 0 33.333
Gains related to equity instruments 0
Losses related to equity instruments 0
V. RETAINED EARNINGS
CREDIT BALANCE 111.108 159.853 309.066 392.026
DEBIT BALANCE 0 0
VI. PROFIT (LOSS) FOR THE YEAR
CREDIT BALANCE 52.075 169.278 212.643 1.033.833
DEBIT BALANCE 0 0 0
Profit allocation 3.330 10.572 18.575 18.840
SHAREHOLDERS EQUITY – TOTAL 492.315 661.593 864.743 1.919.780
Public patrimony 0
CAPITAL – TOTAL 492.315 661.593 864.743 1.919.780

PROFIT AND LOSS ACCOUNT

2012 2013 2014 2015
1. NET TURNOVER 3.811.893 6.666.337 8.179.532 9.992.994
Sold production 1.855.334 2.311.434 3.256.157 4.370.986
Revenues from sold merchandise 1.956.559 4.383.588 4.923.375 5.621.974
Commercial discounts 0 28.685
Interest expenses recorded by entities removed from the genera register and which have open leasing contracts 0
Income from subsidies related to net turnover 0 34
2.Revenues corresponding to production in progress (account 71)
CREDIT BALANCE 0 71.913
DEBIT BALANCE 0 0
3. Producţia realizată de entitate pentru scopurile sale proprii şi capitalizată 0
4. Other operating revenues 76.431 152.102 154.354 492.263
–  including revenues from negative goodwill 0
OPERATING REVENUES – TOTAL 3.888.324 6.818.439 8.333.886 10.557.170
5. a) Expenses with raw materials and consumables 98.798 161.601 190.804 400.784
Other expenses 74.291 95.329 77.022 145.942
b) Other expenses with utilities and water 0 615
c) Goods for resale 1.712.033 3.690.347 4.459.307 5.149.093
Discounts received 3.872 18.462 489
6. Personnel expenses 365.697 433.489 436.073 574.947
a) Salaries 286.182 342.431 345.724 468.355
b) Social security contributions 79.515 91.058 90.349 106.592
7.a) Depreciation and amortization 107.050 164.182 169.327 153.268
a.1) Expenses 107.050 164.182 169.327 153.268
a.2) Revenues 0
b) Adjustments related to current assets 19.949 1.573
b.1) Expenses 19.949 1.573
b.2) Revenues 0
8. Other operating expenses 1.383.813 1.935.818 2.646.005 3.389.695
8.1. Expenses related to third parties 1.382.157 1.933.551 2.635.894 3.354.710
8.2. Expenses related to profit tax, other taxes  and similar 0 26 80 3.621
8.3. Other expenses 1.656 2.241 10.031 31.364
Refinancing interest expense recorded by entities removed from the general register and having open leasing contracts 0
Adjustments for provisions 0
Expenses 0
Revenues 0
OPERATING EXPENSES – TOTAL 3.761.631 6.476.894 7.960.691 9.814.813
OPERATING PROFIT (LOSS)
– Profit 126.693 341.545 373.195 742.357
– Loss 0 0 0 0
Revenues from investments 0
– including revenues from subsidiaries 0
10. Revenues from other investments and loans part of the assets 0
– including revenues from subsidiaries 0
11. Interest revenues 20 958 309 2.280
– including revenues from subsidiaries 0
Other financial revenues 39.254 35.915 39.544 710.403
FINANCIAL REVENUE – TOTAL 39.274 36.873 39.853 712.683
12. Value adjustments on financial assets and financial investments held as current assets 0
– Expenses 0
– Revenues 0
13. Interest expenses 56.879 102.371 118.99 172.908
– including expenses to subsidiaries 0
Other financial expenses 42.476 64.600 24.946 60.664
FINANCIAL EXPENSES – TOTAL 99.355 166.971 143.936 233.572
FINANCIAL PROFIT (LOSS):
– Profit 0 0 0 479.111
– Loss 60.081 130.098 104.083 0
14. PROFIT (LOSS) FROM ORDINARY ACTIVITIES:
– Profit 66.612 211.447 269.112 1.221.468
– Loss 0 0 0 0
15. Extraordinary Revenues 0
16. Extraordinary expenses 0
17. PROFIT (LOSS) FROM EXTRAORDINATY ACTIVITIES::
– Profit 0 0 0
– Loss 0 0 0
TOTAL REVENUES 3.927.598 6.855.312 8.373.739 11.269.853
TOTAL EXPENSES 3.860.986 6.643.865 8.104.627 10.048.385
GROSS MARGIN / PROFIT BEFORE TAX:
– Profit 66.612 211.447 269.112 1.221.468
– Loss 0 0 0 0
18. Income Tax 14.537 42.169 56.469 187.635
19. Other taxes 0
20. NET PROFIT (LOSS) FOR THE YEAR:
– Profit 52.075 169.278 212.643 1.033.833
– Loss 0 0 0 0