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Annual report 2009 - Adria Airways

Annual report 2009 - Adria Airways

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6.2.10. Net Profit or LossNet Profit or Loss (EUR) <strong>2009</strong> 2008Net profit or loss of the period -13,991,691 -3,240,977Weighted average number of ordinary shares 913,377 812,436Net profit/loss per share -15.32 -3.99In <strong>2009</strong>, the Company generated a net loss of €12,205,669, which is primarily the result of thedrop in demand in <strong>2009</strong>.The Company <strong>report</strong>s a financial loss of€ 3,340,978, which is lower than the financialloss in 2008. This is primarily due to the decreasein key interest rates for the financial liabilities.The result is a net loss in the amount of€ 13,991,691.(EUR)Consumer priceindex in <strong>2009</strong>Consumer priceindex in 2008Change in % 1.8% 2.10%General revaluation adjustment 501,848 650,385Profit or loss after the revaluation to preserve the purchasingpower of the equity-14,493,539 -3,891,362If equity was restated by the consumer priceindex, the result achieved by <strong>Adria</strong> <strong>Airways</strong> d.d.in the <strong>2009</strong> financial year would be lower by€ 501,848.110

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