News
Interim Consolidated Financial Statements for the Fourth Quarter of 2015
2016.02.26

BILLBOARD Plc filed with FSC, BSE-Sofia JSC and presented to the public its consolidated interim financial statements for the fourth quarter of 2015.

Pursuant to the unaudited consolidated financial statements of BILLBOARD AD, drawn up according to the IAS forms, as at 31.12.2015 the company reported total net sales revenues in the amount of BGN 32 693 000 compared to BGN 30 054 000 registered by 31.12.2014, which represents an increase of the net sales revenues by 8.78 %. As at 31.12.2015 the consolidated production net sales revenues of BILLBOARD AD were in the amount of BGN 27 506 000 compared to the consolidated production net sales revenues registered by 31.12.2014 in the amount of BGN 25 285 000, which represents a growth by 8.78 %. As at 31.12.2015 the consolidated service net sales revenues of BILLBOARD AD were in the amount of BGN 5 187 000 compared to the consolidated service net sales revenues registered by 31.12.2014 in the amount of BGN 4 769 000 which represents an increase by 8.76 %.

As at 31.12.2015 BILLBOARD AD reported consolidated profit before taxes in the amount of BGN 143 000 compared to a loss before taxes in the amount of BGN 3 723 000 for the same period of 2014.

As at 31.12.2015 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 3 988 000 compared to the EBITDA on a consolidated basis for the same period of 2014 in the amount of BGN 212 000.

As at 31.12.2015 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 1 809 000 compared to the EBIT on a consolidated basis reported by 31.12.2014 in the amount of -BGN 2 007 000.

As at 31.12.2015 the consolidated net financial result of BILBOARD AD is a profit to the amount of BGN 54 000, which includes profit attributable to the parent company in the amount of BGN 20 000 and the profit of the not controlled holdings in the amount of BGN 34 000.

 
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