News
Interim Separate Financial Statements as of 31.12.2017
2018.02.28

BILLBOARD AD filed with FSC, BSE-Sofia AD and presented to the public its consolidated interim financial statements as of 31.12.2017.

Pursuant to the unaudited consolidated financial statements of BILLBOARD AD, drawn up according to the IAS/IFRS as of 31.12.2017 the company reported total net sales revenues in the amount of BGN 35 117 000 compared to BGN 34 000 000 registered by 31.12.2016 which represents an increase of the net sales revenues by 3.29 %. As of 31.12.2017 the consolidated production net sales revenues of BILLBOARD AD were in the amount of BGN 29 311 000 compared to the consolidated production net sales revenues registered by 31.12.2016 in the amount of BGN 28 761 000 which represents a increase by 1.91 %. As of 31.12.2017 the consolidated service net sales revenues of BILLBOARD AD were in the amount of BGN 5 806 000 compared to the consolidated service net sales revenues registered by 31.12.2016 in the amount of BGN 5 239 000 which represents a growth by 10.28 %.

As of 31.12.2017 BILLBOARD AD reported consolidated profit before taxes in the amount of BGN 809 000 compared to the profit before taxes in the amount of BGN 564 000 for 2016 which represents growth of the company’s consolidated profit before taxes by 43.44 %. The consolidated net profit of BILLBOARD AD as of 31.12.2017 is in the amount of BGN 694 000 compared to the consolidated net profit of the company as of 31.12.2016 in the amount of 574 000. The consolidated net profit of BILLBOARD AD as of 31.12.2017, related to the owners of the parent company in the amount of BGN 399 000 and grows by 22.77 % compared to the consolidated net profit, related to the owners of the parent company as of 31.12.2016 in the amount of BGN 325 000.

As of 31.12.2017 the earnings before taxes and depreciation and amortization, increased with the financial expenses and decreased with the financial incomes (EBITDA) of BILLBOARD AD on a consolidated basis were in the amount of BGN 4 331 000 compared to the EBITDA on a consolidated basis reported by 31.12.2016 in the amount of BGN 4 116 000 which is a 5.22 % increase.

As of 31.12.2017 the earnings before taxes and depreciation and amortization, increased by the financial expenses and decreased by the financial incomes (EBIT) of BILLBOARD AD on a consolidated basis were in the amount of BGN 2 025 000 compared to the EBIT on a consolidated basis reported by 31.12.2016 in the amount of BGN 1 816 000 which is a 11.51 % increase.

 
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