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Annual Audited Consolidated Financial Statements as of 31.12.2017
2018.04.27

BILLBOARD Plc filed with FSC, BSE-Sofia AD and presented to the public its annual audited separate financial statements as of 31.12.2017.

Pursuant to the annual consolidated financial statements of BILLBOARD AD, drawn up in accordance with IAS/IFRS, as of 31.12.2017 BILLBOARD AD reports consolidated net sales revenues in the amount of BGN 35 117 000 which is an increase by 3.28 % compared to the 2016 consolidated net sales revenues in the amount of BGN 34 000 000.

The consolidated production net sales revenues of BILLBOARD AD as of 31.12.2017 BILLBOARD AD are in the amount of BGN 29 311 000 and reports a growth by 1.91 % compared to the consolidated production net sales revenues as of 31.12.2016 and the services net sales revenues are to the amount of BGN 5 806 000 and increased by 10.82 % compared to 31.12.2016.

As of 31.12.2017 the companies in the economic group of BILLBOARD AD report export revenues in the total amount of BGN 1 929 000 which is 5.49 % of the consolidated net sales revenues.

As a result of the economic activity carried out in 2017 BILLBOARD AD reported consolidated financial result - net profit in the amount of BGN 694 000, compared to the consolidated net profit in the amount of BGN 574 000 registered as of 31.12.2016 which was a 20.90 % growth of the consolidated net profit. The profit related to the owners of the parent company as of 31.12.2017 was in the amount of BGN 399 000 and reported a 22.77 %growth compared to the profit reported as of 31.12.2016.

 
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