Velgraf Asset Management PLC JSC - Sofia

	12.2015
EXPENSES	10 768
A. Total operating expenses	8 138
I. Operational expenses	4 774
1. Material expenses	34
2. Hired services	1 717
3. Depreciation	2 257
4. Salaries, wages and other remuneration	298
5. Social security and welfare	44
6. Other expenditure, incl.	424
- impairment of assets
- provisions
II. Adjusting items
1. Book value of the sold assets (excl. finished production)
2. Cost of self-constructed or liquidated fixed assets
3. Change of stocks, unfinished production and prepayments
4. Animals fattening
5. Other adjusting items
III. Financial expenses	3 364
1. Interest expenses	3 328
incl. interests to related parties
2. Losses from operations with financial assets and instruments
3. Foreign exchange rate losses
4. Other financial expenses	36
C. Operating income	2 630
IV. Extraordinary expenses
D. Total expenses	8 138
E. Profit before tax	2 630
V. Tax expenses	266
1. Profit tax	266
2. Deferred corporate profit tax
3. Other taxes
E. Net income (Profit)	2 364
INCOME	10 768
A. Total operating income	10 768
I. Net sales revenue	10 119
1. Finished Products
2. Goods for resale
3. Materials
4. Services	9 798
- incl. intermediation
5. Fixed assets, rentals
6. Others	321
II. Subsidies
incl . State budget grants
III. Financial income	649
1. Interest income	649
incl. interests from related parties
2. Income from participations
incl. dividends from related parties
3. Gains from trading with financial instruments
4. Profits from foreign exchange rates
5. Other financial income
C. Operating loss
IV. Extraordinary revenues
D. Total Income	10 768
E. Loss before tax
F. Total Loss