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BALANCE SHEET Group

Indicator Consolidated Consolidated Evolution
31-12-17   31-12-18 
A. FIXED ASSETS
I. INTANGIBLE ASSETS 2,332,683 22,932,916 883%
of which Commercial Fund 2,169,643 12,901,616 495%
II. TANGIBLE ASSETS 3,202 1,697,105 52901%
III. FINANCIAL ASSETS – –
Titles placed in equivalence – 190,753
FIXED ASSETS – TOTAL 2,335,885 24,820,774 963%
B. CURRENT ASSETS
I. INVENTORY 712,713 838,231 18%
II.Receivables 16,039,537 23,468,377 46%
III. SHORT TERM INVESTMENTS – –
IV. CASH & CASH EQUIVALENTS 11,061,554 13,070,252 18%
CURRENT ASSETS – TOTAL 27,813,804 37,376,860 34%
C. PREPAID EXPENSES 1,241,658 1,934,669 56%
Amounts to be resumed in a period of up to one year (out of 471) 512,092 1,173,054 129%
Amounts to be resumed in a period longer than one year (out of 471) 729,566 761,615 4%
D. SHORT TERM DEBT 15,251,025 28,275,887 85%
E. NET CURRENT ASSETS / NET CURRENT LIABILITIES 13,074,871 10,274,027 -21%
F. TOTAL ASSETS LESS CURRENT LIABILITIES 16,140,322 35,856,416 122%
G. LONG TERM DEBT 9,882,703 21,483,917 117%
H. PROVISIONS – –
I. PREPAID / ADVANCE REVENUE – –
Negative Goodwill (ct.2075) – –
J. CAPITAL & RESERVES – –
I. CAPITAL 3,044,426 5,175,524 70%
1. Subscribed paid capital 3,044,426 5,175,524 70%
2. Subscribed unpaid capital – –
3.Patrimony (autonomous public sector entities) – –
4. National institutes of research and development patrimony (ct. 1018) – –
5. Other equity items (1031) – –
II. PREMIUM SHARE CAPITAL 680,247 2,594,889 281%
III. REVALUATION RESERVES – –
IV. MANDATORY RESERVES 164,559 210,693 28%
Consolidated reserves 10 -13,075 -130850%
Company own shares – –
Gains related to equity instruments (ct. 141) – –
Losses related to equity instruments (ct. 149) – –
V. RETAINED EARNINGS
SOLD C 896,861 1,221,979 36%
SOLD D – –
VI. PROFIT (LOSS) FOR THE YEAR
SOLD C 1566927 5,013,936 220%
SOLD D – –
Profit allocation 95,411 46,135 -52%
IX. MINORITY INTERESTS of which SOLD C (ct.108) – 214,688
SOLD D – –
SHAREHOLDERS EQUITY – TOTAL 6,257,619 14,372,499 130%
Public patrimony (ct. 1016) – –
Private patrimony (ct. 1017) – –
CAPITAL – TOTAL 6,257,619 14,372,499 130%

PROFIT AND LOSS ACCOUNT Group

Indicator Consolidat Consolidat Evolutie
31-12-17 31-12-18
1. NET TURNOVER 43,307,490 51,147,241 18%
Sold production 13,209,115 21,661,147 64%
Revenues from sold merchandise 30,098,375 29,552,968 -2%
Commercial discounts – 66,874
Revenue from operating grants related to net turnover – –
2. Revenues corresponding to production in progress (account 71) 138,912 – -100%
Sold D – 11,661
3. Producţia realizată de entitate pentru scopurile sale proprii şi capitalizată – –
4. Revenues from the revaluation of property, plant and equipment – –
5. Income from Real Estate Investment Production (725) – –
6. Revenues from operating grants – –
7. Other operating revenues 229,380 5,895,133 2470%
 – including revenues from negative goodwill – –
of which, income from investment grants – –
OPERATING REVENUES – TOTAL 43,675,782 57,030,713 31%
8. a) Expenses with raw materials and consumables 865,109 49,570 -94%
Other expenses 289,114 885,453 206%
b) Other expenses with utilities (electricity and water) 53,920 41,065 -24%
c) Goods for resale 26,795,794 27,687,571 3%
Discounts received 598,690 1,040,722 74%
9. Personnel expenses 2,679,760 3,065,175 14%
a) Salaries 2,184,346 2,976,337 36%
b) Social security contributions 495,414 88,838 -82%
10.a) Depreciation and amortization 99,282 179,980 81%
a.1) Expenses 99,282 179,980 81%
a.2) Revenues – –
b) Adjustments related to current assets -1,000 – -100%
b.1) Expenses – –
b.2) Revenues 1,000 – -100%
11. Other operating expenses 10,603,062 19,102,381 80%
11.1. Expenses related to third parties 10,490,644 18,890,110 80%
11.2. Expenses related to profit tax, other taxes and similar 9,770 21,358 119%
11.3. Expenditure on environmental protection – –
11.4 Expenses from revaluation of property, plant and equipment (cf. 655) – –
11.5. Expenditure on calamities and other similar events – –
11.6. Other expenses 102,648 190,913 86%
Adjustments for provisions -40,947 – -100%
Expenses – –
Revenues 40,947 – -100%
OPERATING EXPENSES – TOTAL 40,745,404 49,970,473 23%
OPERATING PROFIT (OR LOSS)
– Profit 2,930,378 7,060,240 141%
– LOSS – –
12. Revenues from investments – –
– including revenues from subsidiaries – –
13. Interest revenues 2,067 76,304 3592%
– including revenues from subsidiaries – 33,658
14. Income from operating grants for due interest – –
Other financial revenues 224,134 371,214 66%
of which, income from other financial assets (cf. 7615) – –
FINANCIAL REVENUE – TOTAL 226,201 447,518 98%
12. Value adjustments on financial assets and financial investments held as current assets – –
– Expenses – –
– Revenues – –
17. Interest expenses 647,051 1,242,904 92%
– including expenses to subsidiaries – –
Other financial expenses 430,473 460,578 7%
FINANCIAL EXPENSES – TOTAL 1,077,524 1,703,482 58%
FINANCIAL PROFIT (OR LOSS):
– Profit – –
– Loss 851,323 1,255,964 48%
TOTAL REVENUES 43,901,983 57,478,231 31%
TOTAL EXPENSES 41,822,928 51,673,955 24%
18. GROSS MARGIN / PROFIT BEFORE TAX:
– Profit 2,079,055 5,804,276 179%
– Loss – –
19. Profit tax 317,930 751,268 136%
20. Taxes specific to certain activities – –
21. Other taxes not shown in the above items (698) – 43,482
22. NET PROFIT (OR LOSS) FOR THE FISCAL YEAR: – –
– Profit 1,761,125 5,009,526 184%
– Loss – –
22. PROFIT OR LOSS OF MINORITY INTERESTS -194,198 -111,670 -42%
– Profit 1,566,927 5,013,936 220%