Rigas elektromašinbuves rupnica
JSC ‘Riga electric machinery factory’ consolidated financial report for 12 months of the year 2014 (non-audited)
DGAP-News: Rigas elektromašinbuves rupnica 2015-02-27 / 15:26 --------------------------------------------------------------------- Net turnover of the Holding Company accounted for EUR 33764 897, which is 99.25 % when compared with the data of 2013. Taking into consideration adverse effect due to drop of Russian Ruble rate in relation to Euro(RUB/EUR) the Holding Company has concluded the financial year 2014 with profit amounting to EUR 852 358 before tax and profit amounting to EUR 657 491 after tax. CONSOLIDATED COMPREHENSIVE INCOME STATEMENT FOR THE YEAR 2014 No. Items Note 31.12.14. 31.12.13. EUR EUR -------------------------------------------------------------------------------- 1 Net turnover 1 33764897 34021150 -------------------------------------------------------------------------------- 2 Production costs of the goods sold 2 (28523513) (26024924) -------------------------------------------------------------------------------- 3 Gross profit or loss 5241384 7996226 -------------------------------------------------------------------------------- 4 Selling expenses 3 (841630) (754713) -------------------------------------------------------------------------------- 5 Administration expenses 4 (2964946) (3118838) -------------------------------------------------------------------------------- 6 Other operating income 5 861961 1182086 -------------------------------------------------------------------------------- 7 Other operating expenses 6 (1010616) (1206362) -------------------------------------------------------------------------------- 8 Other interest income and similar income 28 145 -------------------------------------------------------------------------------- 9 Other interest payments and similar expenses 7 (433823) (427720) -------------------------------------------------------------------------------- 10 Profit or loss before extraordinary items and 852358 3670824 taxes -------------------------------------------------------------------------------- 11 Profit or loss before tax 852358 3670824 -------------------------------------------------------------------------------- 12 Corporate income tax (226769) -------------------------------------------------------------------------------- 13 Retained corporate income tax (58095) (22248) -------------------------------------------------------------------------------- 14 Other taxes 8 (136772) (130298) -------------------------------------------------------------------------------- 15 Profit or loss of the accounting period 657491 3291509 -------------------------------------------------------------------------------- Earnings per share 0.11 0.57 ------------------------------ Sergejs Popovs, Sergej.popov@rer.lv, m.t. +371 29628449 News Source: NASDAQ OMX --------------------------------------------------------------------- 2015-02-27 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Rigas elektromašinbuves rupnica Latvia ISIN: LV0000101012 End of News DGAP News-Service --------------------------------------------------------------------- 328143 2015-02-27
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