Daugavpils, 2015-02-25 16:45 CET (GLOBE NEWSWIRE) --
| During the 12 month period in 2014 the consolidated net sales of the Group amounted to 20,2 million EUR (21,4% decrease in respect of net sales in the respective period in 2013). | |||||||||||||||||||||||||||
| The Group completed the 12 month period in 2014 with a loss of 1,1 million EUR. During the period the Group exported its products to 9 countries, the total export volume amounted to 18,0 million EUR (in similar period in 2013 - 23,2 million EUR). The main directions of export in reporting period were EU countries: Estonia, and the third countries: Russia, Belarus. | |||||||||||||||||||||||||||
| In the 12 month period in 2014 the Company has invested 5,5 million EUR into non-current assets. In January 2014 the jointly controlled entity DMU vilcieni was registered with the partners AS "Daugavpils Lokomotīvju Remonta Rūpnīca", AS VRC "ZASULAUKS", AS "RĪGAS VAGONBŪVES RŪPNĪCA". The entity was establishedwith the purpose of participating in the open tender (tender identification No. AS "PV"-2013/21 KF) of AS "Pasažieru vilciens" for DR1A diesel locomotives passenger car modernisation. It is estimated that the Company's part in the contract will amount to 9,4 million EUR. As of this date the project is ongoing. | |||||||||||||||||||||||||||
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STATEMENT OF COMPREHENSIVE INCOME |
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| Notes | 2014 | 2013 | |||||||||||||||||||||||||||||||
| EUR | EUR | ||||||||||||||||||||||||||||||||
| Net sales | (1) | 20 150 863 | 25 632 291 | ||||||||||||||||||||||||||||||
| Cost of sales | (2) | (19 037 967) | (23 402 166) | ||||||||||||||||||||||||||||||
| Gross profit (loss) | 1 112 896 | 2 230 125 | |||||||||||||||||||||||||||||||
| Distribution expenses | (2) | (224 594) | (491 435) | ||||||||||||||||||||||||||||||
| Administrative expenses | (2) | (1 863 562) | (1 935 435) | ||||||||||||||||||||||||||||||
| Other income | 203 113 | 46 025 | |||||||||||||||||||||||||||||||
| Other expenses | (27 226) | (48 425) | |||||||||||||||||||||||||||||||
| Net finance income and loss | (276 253) | (99 139) | |||||||||||||||||||||||||||||||
| Profit (loss) before tax | (1 075 626) | (298 284) | |||||||||||||||||||||||||||||||
| Corporate income tax | (5 748) | 56 208 | |||||||||||||||||||||||||||||||
| Net profit (loss) | (1 081 374) | (242 076) | |||||||||||||||||||||||||||||||
| Attributable to: | |||||||||||||||||||||||||||||||||
| Equity holders of a parent company | (1 081 374) | (242 076) | |||||||||||||||||||||||||||||||
| Minority interest | - | - | |||||||||||||||||||||||||||||||
| Earnings per share (in cents) | |||||||||||||||||||||||||||||||||
| Basic | (0.13) | 0 | |||||||||||||||||||||||||||||||
| Diluted | (0.13) | 0 | |||||||||||||||||||||||||||||||
| Total comprehensive income (expense) | (1 081 374) | (242 076) | |||||||||||||||||||||||||||||||
| Attributable to: | |||||||||||||||||||||||||||||||||
| Equity holders of a parent company | (1 081 374) | (242 076) | |||||||||||||||||||||||||||||||
| Minority interest | - | - | |||||||||||||||||||||||||||||||
| Natālija Petrova Member of the Board t. 65404420, petrova@dlrz.lv | |||||||||||||||||||||||||||||||||
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