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CASA DE BUCOVINA-CLUB DE MUNTE - BCM

2019 Half-year financial results

Release Date: 8/13/2019 6:30:10 PM

IRIS Code: C88C8

 

ANNOUNCEMENT

 

In accordance with the legal provisions in force, the company informs investors that the Board of Administrators’ report for the first half of 2019 will be available to the public starting with 13 August 2019, 18:30, as follows:

1.  in soft copy at www.bestwesternbucovina.ro

2.  in hard copy at the company’s headquarters in Gura Humorului, 18 Republicii Square, Suceava county

3.  by using the link below

 

The report for the first half of 2019 includes the administrators’ report prepared in accordance with the FSA Regulation 5/2018 and the financial statements for the period ended 30.06.2019, with the mention that the statements are not audited nor revised by a financial auditor.

   Financial results

 

01.01.2019 - 30.06.2019

01.01.2018 - 30.06.2018

Revenue from touristic services, of which:

4,019,766

3,782,018

Revenue from hotel services

1,648,659

1,384,371

Revenue from catering (restaurant, bar)

2,175,827

2,182,957

Revenue from SPA, playgrounds, various

89,426

97,503

Revenue from rental of conference rooms

105,854

117,187

Other revenue

                        1,002

                         787

Operating expenses

(3,851,743)

(4,086,238)

Operating profit/(loss)

169,025

(303,433)

Financial revenue

135,222

87,858

Net gain/(loss) from the revaluation of financial assets at fair value through profit or loss

470,273

(528,723)

Profit/(loss) before taxes

774,520

(744,298)

Net profit/(loss) for the period

733,664

(784,592)

 

   Financial position                               

 

30.06.2019

31.12.2018

Cash and bank accounts

1,698,733

2,135,663

Deposits at banks

6,615,127

5,977,971

Financial assets at fair value through profit or loss

4,587,001

4,116,728

Financial assets at amortized cost

2,228,860

2,228,616

Inventories

189,674

186,415

Other assets

1,088,988

808,269

Tangible and intangible fixed assets

24,544,242

24,839,632

Total assets

40,952,625

40,293,294

Trade payables

403,185

417,161

Other liabilities

360,862

505,634

Total liabilities

764,047

922,795

Equity

40,188,578

39,370,499

Total equity and liabilities

40,952,625

40,293,294

 

Ion Romica Tamas                                

General Manager and Vice-President of the Board of Administrators



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