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Teksts
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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. STATEMENT OF COMPREHENSIVE INCOME 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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