News
Interim Consolidated Financial Statements as of 31.12.2018
2019.03.01

BILLBOARD AD filed with FSC, BSE-Sofia AD and presented to the public its consolidated interim financial statements as of 31.12.2018.

Pursuant to the unaudited consolidated financial statements of BILLBOARD AD, drawn up according to the IAS/IFRS as of 31.12.2018 the company reported total net sales revenues in the amount of BGN 36 067 000 compared to BGN 35 117 000 for the same period of 2017 which represents an increase of the net sales revenues by 2.705 %. As of 31.12.2018 the consolidated production net sales revenues of BILLBOARD AD were in the amount of BGN 30 388 000 compared to the consolidated production net sales revenues registered by 31.12.2017 in the amount of BGN 29 311 000 which represents an increase by 3.67 %. As of 31.12.2018 the consolidated service net sales revenues of BILLBOARD AD were in the amount of BGN 5 679 000 compared to the consolidated service net sales revenues registered by 31.12.2017 in the amount of BGN 5 806 000 which represents a decrease of the consolidated service net sales revenues by 2.19 %.

As of 31.12.2018 BILLBOARD AD reported consolidated profit before taxes in the amount of BGN 600 000 compared to the consolidated profit before taxes in the amount of BGN 797 000 for the same period of 2017 which represents a decrease of the company’s consolidated profit before taxes by 24.72 %. The consolidated net profit of BILLBOARD AD as of 31.12.2018 is in the amount of BGN 516 000 compared to the consolidated net profit of the company as of 31.12.2017 in the amount of 694 000. The consolidated net profit of BILLBOARD AD as of 31.12.2018, related to the owners of the parent company is in the amount of BGN 267 000 and decreases by 33.08 % compared to the consolidated net profit, related to the owners of the parent company as of 31.12.2017 in the amount of BGN 399 000.

As of 31.12.2018 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 4 100 000 compared to the EBITDA on a consolidated basis reported by 31.12.2017 in the amount of BGN 3 319 000 with is a 5.07 % decrease.

As of 31.12.2018 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 1 567 000 compared to the EBIT on a consolidated basis reported by 31.12.2017 in the amount of BGN 2 013 000 which is a 22.16 % decrease.

 
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