CONSOLIDATED INCOME STATEMENT ∑ HEP GROUP FOR THE YEAR ENDED 31 DECEMBER 2010 Notes 2010 2009 HRK’000 HRK’000 Revenue from electricity sales 4 10,851,054 10,798,272 Revenue from thermal power sales 4 569,784 553,732 Revenue from gas sales 4 394,182 294,262 Other operating income 5 1,153,590 954,520 Total operating income 12,968,610 12,600,786 Electricity purchase cost (2,011,535) (3,078,977) Fuel costs (2,077,105) (2,385,583) Staff cost 6 (1,895,205) (1,954,350) Depreciation and amortization expense 10,11 (1,721,472) (1,688,750) Other operating expenses 7 (3,052,380) (2,925,476) Total operating expenses (10,757,697) (12,033,136) Profit from operations 2,210,913 567,650 Financial revenue 8 65,479 81,101 Financial costs 8 (439,224) (421,642) Net financial loss (373,745) (340,541) Profit before tax 1,837,168 227,109 Income tax expense 9 (401,802) (72,687) Profit from operations Attributable to: 1,435,366 154,422 Equity holder 1,421,303 135,844 Non-controlling interest 14,063 18,578 1,435,366 154,422 The accompanying notes form an integral part of these consolidated financial statements. Signed on behalf of the Company on 25 May 2011 by: Leo Begović Miljenko Pavlaković President of the Board Member of the Board 63 HEP ANNUAL REPORT 2010 CHAPTER 6 - FINANCIAL STATEMENTS
HEP ANNUAL REPORT 2010 64 CHAPTER 6 - FINANCIAL STATEMENTS CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME ∑ HEP GROUP FOR THE YEAR ENDED 31 DECEMBER 2010 Notes 2010 2009 HRK’000 HRK’000 Profit for the year 1,435,366 154,422 Foreign exchange rate differences 17,840 (3,881) Fair valuation of the Janaf shares 7,499 1,423 Other comprehensive income - (1,995) Other comprehensive income / (loss) 25,339 (4,453) Total comprehensive income for the year 1,460,705 149,969 Total comprehensive income attributable to: Equity holder 1,446,156 131,267 Non-controlling interest 14,549 18,702 1,460,705 149,969 The accompanying notes form an integral part of these consolidated financial statements. Signed on behalf of the Company on 25 May 2011 by: Leo Begović Miljenko Pavlaković President of the Board Member of the Board
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DRAVA, KUPA, RJE»INA, LOKVARKA, LI
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