Romgaz S Regulatory News (SNGR)

M.E.I.M.M.M.A. Bucuresti

S.N.G.N. Romgaz S.A. Medias

REVISED 2015 INCOME AND EXPENDITURE BUDGET

RON thousand

INDICATORS

Row no.

Revised 2015 Budget

0

1

2

3

4

I

TOTAL REVENUE (Rw.1=Rw.2+Rw.5+Rw.6)

1

4 459 824

1

Total operating revenue, out of which:

2

4 417 073

a)

subsidies, according to legal provisions in force

3

b)

transfers, according to legal provisions in force

4

2

Financial revenue

5

 42 751

3

Extraordinary revenue

6

II

TOTAL EXPENSES (Rd.7=Rd.8+Rd.20+Rd.21)

7

3 114 745

1

Operating expenses, out of which:

8

3 092 695

A.

expenses for goods and services

9

 485 938

B.

expenses for taxes, duties and similar payments

10

 777 531

C.

personnel-related expenses, out of which:

11

 616 350

C0

expenses for salaries and wages (Rw. 13+ Rw.14)

12

 481 169

C1

expenses for salaries

13

 429 246

C2

expenses for bonuses

14

 51 922

C3

other personnel expenses, out of which:

15

 1 475

expenses with compensation for early release of personnel

16

C4

expenses for the contract of mandate and for other management and control bodies, committees and commisssions

17

 2 693

C5

expenses for social security, special funds and other legal obligations

18

 131 013

D.

other operating expenses

19

1 212 876

2

Financial expenses

20

 22 050

3

Extraordinary expenses

21

III

GROSS RESULT (profit/loss)

22

1 345 079

IV

PROFIT TAX

23

 312 274

V

PROFIT AFTER DEDUCTION OF PROFIT TAX, out of which:

24

1 032 805

1

Legal reserve

25

2

Other reserves representing fiscal facilities provided by law

26

3

Coverage of accounting loss from previous years

27

4

Establishing equity finance for projects co-financed from foreign loans, and establishing sources for reimbursement of equity installments, payment of interest rates, charges and other costs related to such loans.

28

5

Accounting profit after deduction of the amounts provided at Rws. 25, 26, 27, 28 and 29.

29

6

Accounting profit after deduction of the amounts provided at Rws. 25, 26, 27, 28 and 29.

30

1 032 805

6a

Profit to be distributed from previous years

30 a

 130 000

6b

Total profit to be distributed (30+30a)

30 b

1 162 805

7

Profit share payable to employees within the limit of 10% of the net profit, but not more than one average salary paid by the economic operator during the reference financial year

31

 17 110

8

Minimim 50% payments to the state budget or local budget in case of autonomous regies, or as dividends paid to shareholders in case of national companies and companies which are fully state-owned or where the state is the major shareholder, out of which:

32

 884 936

a)

- dividends to the state budget

33

 619 455

b)

- dividends to the state budget

33 a

c)

- dividends to other shareholders

34

 265 481

9

Retained earnings not allocated to rws. 31-32 are allocated to other reserves and represent the company's own equity finance

35

 277 869

VI

REVENUE FROM EUROPEAN FUNDS

36

VII

ELIGIBLE EXPENSES FROM EUROPEAN FUNDS, out of which:

37

a)

expenses for materials

38

b)

expenses for salaries

39

c)

expenses for services

40

d)

expenses for promotion and advertising

41

e)

other expenses

42

VIII

INVESTMENT FINANCING SOURCES, out of which:

43

1 100 000

1

Allocations from the budget, out of which:

44

budget allocations related to payments of previous years committments

45

IX

INVESTMENT COSTS

46

1 100 000

X

SUPPORTING DATA

47

1

Forecasted no. of employees at the end of the year

48

 6 377

2

Average total number of employees

49

 6 250

3

Average monthly income per employee (lei/ person) determined on basis of personnel-related expenses*)

50

 6 077

4

Average monthly income per employee (lei/ person) determined on basis of salary-related expenses (Rw.13/Rw.49)/12*1000

51

 5 723

5

Labour productivity in financial units per total average number of employees in current prices (thousand lei/person) (Rw.2/Rw.49)

52

707

6

Labour productivity in physical units per total average number of employees (finished goods quantity/person)

53

7

Total expenses related to lei 1 000 total revenue (Rw.7/Rw.1)x1000

54

698

8

Outstanding payments

55

9

Accounts receivables

56

 885 810

*) according to GD 26/2013