"Mediteranska plovidba": the loss of 4.7 million HRK

"Mediteranska plovidba" company reported a loss of 4.7 million HRK in last year bussines period, wich is a decrease compared to the previous year when the loss amounted up to 6 million HRK, according to the data from the company's financial statement published on the Zagreb Stock Exchange.

The negative operating result, as explained, was achieved on the basis of fall turnover on the domestic market, as well as on the basis of financial expenditures.

Total company revenues last year amounted to 30.8 million HRK, and decreased by 16.7 percent by the year earlier.

The largest part of the proceeds is realized on the foreign market with the amount of 20.5 million HRK, while the rest is realized by the revenues from the domestic line of transportation and income from leases, according to a financial report.

"Mediteranska plovidba" reduced last year's the total expenditures of 17.4 percent to 35.5 million HRK.

The largest expenditures are in the category of material costs and the amount of 21.68 million HRK, while wages and benefits workers amounts to 5.3 million HRK.

Financial expenses last year amounted to 3.5 million HRK, and decreased by 20.6 percent.

Balance sheet total amounted to 67.15 million HRK, of which the largest amount of assets of the company assets and 65.37 million HRK.

The liabilities current liabilities amounted to 30.15 million HRK, of which short-term liabilities to credit institutions amounted to 9.6 million HRK, according to a financial report.

It also mentions that the company's supervisory board in early November last year, called the center from the president of the company Vinko Kapelina and at the same positon has been named Vladimir Selebaj Sellier.



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