Cheltuieli nedeductibile fiscal la 30

To:
BOARD OF DIRECTORS
From: Economic Director, Adriana Frangu
Chief of Accountant Dept.. Cecilia Popovici
Ref.:
Approval of financial situations for 2015
Nr. 394/09.03.2016
For 2015, the annual financial situations were issued, according to International Standards of Financial
Report (IFRS) provided by Regulation (EC) no. 1,126/2008 for adoption of some international accountant
standards, with further alterations and completions, adopted according Regulation (EC) mo.1.606/2002 of
European Parliament and Council of 19 July 2002 regarding the international accountant standards.
International Standards of Financial Report (IFRS) were applied together with Accountant law no.82/1991,
republished, with further alterations and completions and accountant regulations approved by vice prime
minister, public finances minister’ order no.1286/01.10.2012, for approval of Accountant regulations according
to International Standards of Financial Report, applicable to commercial companies which securities are allowed
to be traded on a regulated market, with further alterations and completions.
According to vice prime minister, public finances minister’ order no.1286/01.10.2012, for approval of
Accountant regulations according to International Standards of Financial Report, applicable to commercial
companies which securities are allowed to be traded on a regulated market, with further alterations and
completions, for financial year 2012, financial situations according IFRS were issued by retreating the
information of organised accountancy according to accountant regulations complying with Directive IV of
European Economic Communities approved by public finances order no. 3055/2009 for approval the
Accountant regulations according to European directives.
Since the financial year of 2013, the accountancy was kept according to IFRS art.12 of Vice prime minister,
public finances order no. 1286/01.10.2012, with further alterations and completions.
According to IAS 1 – Presentation of financial situations, finnacial situations for 2015 contains:
- Situation of overall result
- Situation of own capitals’ alterations
- Situation of cash flows
- Notes of financial situations
We submit you for approval of the annual financial situations, having in view art.28 of Accountant Law
no.82/1991, republished with further alterations and completions in which it provides that ‚’annual financial
situations and accountant reports are signed by the manager or the person in charge with the entity’
management’’, together with art.18 paragraph 3 of Oil Terminal’ statute.
General Director,
Sorin - Viorel Ciutureanu
Economic Director,
Frangu Adriana
Chief of Legal – Litigations Dept.,
Ignat Emilia Mihaela
Chief of Accountant Dept.,
Popovici Cecilia
1
OIL TERMINAL S.A.
FINANCIAL SITUATIONS
FOR YEAR COMPLETED ON 31 DecembER 2015
Issued according to International Standards of Financial Report
2
Societatea OIL TER4MINAL SA’ Board of Directors’
Societatea OIL TERMINAL SA Constanţa’ Board of Directors states by the present and
assumes the responsibility for Financial Situations on 31.12.2015.
Societatea OIL TERMINAL SA Constanţa’ Board of Directors confirms, regarding the Annual
financial situations on 31.12.2015, the followings:
 annual financial situations are issued accordin g to International Standards of Financial Report
as they were adopted by European Union;
 accountant policies used for the Annual financial situations are according to applied accountant
regulations;
 annual financial situations provide an accurate image of financial position, financial
performance and on the other information regarding the activity run;
 the company runs its activity in continuity terms.
The present statement is complying with the provisions of art. 30 of Accountancy Law no.82/1991
republished, with further alterations and completions.
Board of Directors’ Chairman,
Crișan Daniel-Marius
General Director,
Economic Director,
Ciutureanu Viorel-Sorin
Frangu Adriana
3
Statement of responsible staff of Societatea OIL TERMINAL SA
The undersigned: Crisan Daniel-Marius – Board of Directors’ Chairman
Ciutureanu Viorel-Sorin, General Director, Frangu Adriana, Economic Director
State, on own responsibility, as per our knowledge:
 the financial accountant situations on 31th December 2015, issued according to applicable
accountant standards ( International Standards of Financial Reporting), provide a correct and
according to reality image of assets, obligations, financial position, profit and loss account of
Societatea Oil Terminal SA;
 The Board of Directors’ report, achieved according to provisions of art. 227 of Law 297/2004
regarding the capital market, together with provisions of art. 112¹ paragraph 1 letter b) of
CNVM Regulation no.1/2006 regarding the issuers and operations with securities and MFP’
order no.1286/01.10.2012 for approval of Accountant regulations, according to International
standards of financial report, applicable to the commercial companies which securities are
allowed to be traded on a regulated market, contains a correct analysis of Societatea Oil
Terminal SA’ development and performances and a presentation of the main risks and
uncertainties specific for the activity run.
The present statement is according to provisions of art. 112¹ paragraph (1) letter c of CNVM
Regulation 1/2006 regarding the issuers and securities operations.
Chairman of Board of Directors,
Crisan Daniel-Marius
General Director,
Ciutureanu Viorel – Sorin
Economic Director,
Frangu Adriana
4
OIL TERMINAL – Financial position situation on 31 December 2015
(all amounts are expressed in lei (RON), if not mentioned otherwise)
Year completed
on 31st December
2015
Note
ASSETS
FIXED ASSETS
Intangible assets
Tangible assets
Tangible assets in execution
Other immobilized titles
Other immobilized receivables
Total fixed assets
CURRENT ASSETS
Stocks
Clients and assimilated accounts
Other receivables
Fees and taxes to be recovered
Cash and cash equivalents
Total current assets
Total assets
OWN CAPITALS
Social capital
Other elements of own capitals
Reserves from reevaluation
Legal reserves
Other reserves
Surplus achieved from reevaluation
reserves
Result reported without IAS 29
Result reported arisen from
accountant errors correction
Current profit
Total own capitals
DEBTS ON LONG TERM
Loans on long term
Debts regarding tax on postponed
profit
Total debts on long term
17
15
16
18
19
20
21
21
22
Year completed on
31st December
2014
3,842,195
3,674,645
452,535,812
441,817,237
8,053,492
4,343,167
0
170,972
809,075
5,924,329
465,240,574
455,930,350
659,463
466,884
14,118,800
2,845,905
10,977,879
1,669,677
165,243
40
21,022,923
573,536
38,812,334
13,688,016
504,052,908
469,618,366
58,243,025
58,243,025
23
24
25
27
27
221,566
3,001,332
211,016,140
197,406,053
3,153,540
3,040,813
171,733,191
171,252,482
26
4,089,562
3,209,102
26
396,930
396,930
26
(25,839,366)
(25,839,366)
5,913,710
565,475
9,011,593
11,801,718
428,928,298
411,275,846
28
9,011,593
11,801,718
28
28,723,015
25,943,248
37,734,608
37,744,966
CURRENT DEBTS
Loans on long term – current part
28
2,896,375
2,046,375
Commercial debts
31
15,694,022
8,642,317
Debts regarding impots and taxes
Other current debts
Total current debts
32
33
5,112,884
3,830,850
5
1,767,684
1,604,022
25,470,965
16.123.564
Total debts
Provisions
Subventions
Total own capitals and debts
34
35
6
63,205,573
53,868,530
11,826,513
4,379,158
92,524
94,832
504,052,908
469,618,366
OIL TERMINAL –Situation of overall result on 31st December 2015
(all amounts are expressed in lei (RON) if not mentioned otherwise )
Note
Revenues from services supplies
3
Revenues from residual products sale
4
Other revenues from operating
5
Raw materials and equipment
expenses
7
Energy and water expenses
8
Employees expenses
9
Services supplied by third parties
expenses
10
Amortization expenses
11
Other operating expenses
12
Year completed on
31 December 2015
Year complete don
31 December 2014
137,361,440
106,119,881
851,283
635,511
(7,310,194)
(2,780,050)
(7,186,274)
(4,381,291)
(4,260,497)
(4,549,160)
(59,990,006)
(57,398,458)
(12,279,951)
(11,332,248)
(10,874,605)
(10,870,600)
(26,252,469)
(12,374,624)
10,058,727
3,068,961
104,457
(814,421)
10,163,184
2,254,540
4,249,474
1,689,065
5,913,710
565,475
12,591,241
(1,212,265)
880,460
53,392
14,490,547
(1,161,774)
2,779,766
103,883
18,504,951
(646,790)
0.031772
(0.001111)
0.031772
(0.001111)
Result from operating
Revenues and financial expenses
( net values)
6
Year gross result
Taxation on balance expenses
13
Year net result
Overall result other elements:
Elements not being reclassified for
profit and loss, from which:
Earnings from leased/ scrapped real
estate’ reevaluation
Surplus from assets’ reevaluation
Debt regarding the postponed impot
related to the reserve from
reevaluation
25
25
24
Total overall result
Result per share
( lei/share)
40
Result per diluted share
( lei/share)
40
7
OIL TERMINAL –Cash flows situation on 31st December 2015 (all amounts are expressed in lei
(RON) if not mentioned otherwise
Note
Flow cash from operating
activity
Net profit
Regulations for
nonmonetary elements
Amortization and
regulations from the fixed
assets depreciation
(Profit) /Loss from fixed
assets’ disposal
Net movement of
regulations for current
assets
Net movement of
provisions for risks and
expenses
(Profit)/loss from
reevaluation of intangible
assets
Other regulations
(Profit )/Loss regarding
interests
(Profit )/Loss from different
currency exchange rate
differencies
Operational profit before
other alterations in the
current capital
(Increases)/Decreases in
stocks value
(Increases)/Decreases of
receivables
Increases/(Decreases) in
commercial and of
different kind debts value
Net received (paid)
interests
Net cash flow from the
operating activity
Cash flow used in
investments activity
Tangible and intangible
assets
(Increases)/Decreases in
assets value on long term
Net cash flow used in the
investments activity
Cash flow from financing
activities
(Increase) /Decrease of
loans on short term
increase/(Decrease) of
loans on long term
Year complete don 31st
December 2015
Year completed on 31st
December 2014
5,913,710
12,019,584
565,475
10,870,600
437,390
51,957
19,20
(474,488)
1,418,240
34
7,44,.355
2,604,140
4,823
0
6
699,020
522,140
(634,318)
871,004
6
(644,848)
(40,196)
20,010,976
15,141,427
(192,579)
517,828
(4,482,352)
2,674,939
11,361,114
(3,647,890)
(630,330)
(871,004)
31,980,539
14,380,775
(12,922,869)
(8,935,089)
5,286,226
(4,521,594)
(7,636,643)
(13,456,683)
28,30
(850,000)
(425,000)
28
(2,790,125)
(2,046,374)
11
19
20,21
31,32,33
6
15,16,17
18
8
Paid dividends
Payments from financial
leasing operations
Cash flow from financing
activities
Net increase /(decrease)
of cash and cash
equivalents
Cash and cash equivalents
value at the year start
Cash and cash equivalents
value at the period end
(254,384)
(56,292)
(147,214)
(3,894,509)
(2,674,880)
20,449,387
(1,750,788)
22
573,536
2,324,334
22
21,022,923
573,546
29
9