DRAVA, KUPA, RJE»INA, LOKVARKA, LI»ANKA LIKA, DOBRA ...
DRAVA, KUPA, RJE»INA, LOKVARKA, LI»ANKA LIKA, DOBRA ...
DRAVA, KUPA, RJE»INA, LOKVARKA, LI»ANKA LIKA, DOBRA ...
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130<br />
HEP ANNUAL REPORT 2010<br />
CHAPTER 6 - FINANCIAL STATEMENTS<br />
UNCONSOLIDATED INCOME<br />
STATEMENT ∑ HEP d.d.<br />
FOR THE YEAR ENDED 31 DECEMBER 2010<br />
2010 2009<br />
HRK’000 HRK’000<br />
Electricity sales 10,849,131 10,493,303<br />
Service revenues – related companies 1,273,025 1,235,563<br />
Other operating income 263,373 203,189<br />
Total operating income 12,385,529 11,932,055<br />
Purchase of electricity (2,554,853) (3,258,478)<br />
Staff costs (77,678) (82,612)<br />
Depreciation and amortisation (68,177) (67,500)<br />
Fee expense in respect of electricity generation, transmission and distribution –<br />
related companies<br />
(7,597,287) (7,518,338)<br />
Other operating expenses (701,851) (570,334)<br />
Total operating expenses (10,999,846) (11,497,262)<br />
Profit from operations 1,385,683 434,793<br />
Financial revenue 229,525 263,313<br />
Financial costs (391,332) (338,273)<br />
Net financial loss from financial activities (161,807) (74,960)<br />
Profit before tax 1,223,876 359,833<br />
Income tax expense (237,125) (60,276)<br />
Net profit for the year 986,751 299,557<br />
Signed on behalf of the Company on 25 May 2011 by:<br />
Leo Begović Miljenko Pavlaković<br />
President of the Board Member of the Board
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