Denumirea companiei SC MODEL TEORETIC SA

Perioadele analizate 12/31/2010 12/31/2011 12/31/2012

Numar luni analiza 12 12 12

Procent vanzari la export

Curs mediu EUR 4.3197 4.4538 4.4287

Indicatii importante pentru completare:

1. Stergeti cifrele ilustrative din model (cifrele din balanta si cifrele din celelalte sheet-uri din casutele VE
2. Pentru analiza, alegeti ani incheiati, ultima luna si aceeasi luna a anului precedent
3. In sheet-ul "balanta" completati soldurile conturilor de Activ si veniturile cu "+" respectiv
soldurile conturilor de Pasiv si cheltuielile cu "-"
4. Daca nu gasiti un cont, alocati suma corespunzatoare in cel mai apropiat cont ca relevanta economica
5. In sheet-ul "CPP Bilant" in cazul in care aveti cont 711 completati MANUAL (pe linia inrosita)
AJUSTAREA CORESPUNZATOARE REALITATII (cu + sau -, astfel incat (cont 711+ ajustare) sa dea suma r
5. Aveti la dispozitie 2 chei de verificare: A=P si Profitul net din CPP=Rezultat an curent din Bilant; daca n
6.Pentru Interpretarea indicatorilor puteti apela la descrierile teoretice din Learning Center
 10/31/2013

10

4.4306

elelalte sheet-uri din casutele VERZI

ui precedent
rile cu "+" respectiv

piat cont ca relevanta economica

NUAL (pe linia inrosita)
cont 711+ ajustare) sa dea suma reala din ct. 121
zultat an curent din Bilant; daca nu se verifica, ati introdus ceva gresit
din Learning Center
FIRMA: SC MODEL TEORETIC SA

Cont Flag Denumire cont

Denumire 12/31/2010 12/31/2011 12/31/2012 10/31/2013
1011 Capital nevarsat Capital subscris nevarsat - - ### -
1012 Capital varsat Capital subscris varsat (1,038,404) (3,958,403) ### (3,958,403)
104 Alte fonduri Prime legate de capital - (69,722) ### (69,722)
105 Rezerve reevaluare Rezerve din reevaluare - (12,260,021) (11,447,371) (11,155,905)
106 Alte fonduri Rezerve (7,482,039) (7,586,991) (8,399,642) (8,691,108)
107 Alte fonduri Rezerve din conversie - - ### -
108 Alte fonduri Interese minoritare - - ### -
109 Alte fonduri Actiuni proprii - - ### -
117 Rezultat reportat Rezultatul reportat (1,102,441) (1,056,599) (2,634,100) (2,634,100)
121 Rezultat curent Profit si pierdere (1,875,660) (1,682,453) 1,659,626 1,359,827
129 Rezultat reportat Repartizarea profitului - 104,952 - -
149 Rezultat reportat Pierderi leg.de emit.rasc.inst - 24,887 ### 24,887
151 Alte fonduri Provizioane pt.risc si chelt. (22,261) (13,746) ### (13,746)
162 Credite TML Credite banc.pe ter.lung (337,906) - ### -
167 Datorii TML Alte imprum. si dat.asimilate (2,184,702) (2,185,543) (3,737,827) (2,943,610)
168 Datorii TML Dobinzi afer.impr.si dat.asim - - ### -
201 Alte imob. Cheltuieli de constituire - - ### -
203 Alte imob. Cheltuieli de cercet.si dezv. - - ### -
205 Alte imob. Conces.brev.s.a.drept.si val. 157,082 75,706 79,247 79,247
207 Alte imob. Fond comercial - - ### -
208 Alte imob. Alte imobilizari necorporale 23,783 203,269 ### 204,519
211 Terenuri Terenuri si amenajari de teren 698,890 1,326,806 ### 1,326,806
212 Cladiri Constructii 2,145,573 6,887,814 7,064,313 7,064,313
2131 Echipamente Echipamente tehnologice (masin 11,738,848 14,669,735 19,565,020 18,957,647
2132 Echipamente Aparate si instalatii de masur 331,326 376,128 387,241 392,720
2133 M.Transport Mijloace de transport 2,200,610 2,146,794 1,989,866 1,687,170
2134 Alte imob. Animale si plantatii - - ### -
214 Mobilier Mob.ap.bir. prot. alte active 81,141 158,513 161,873 161,873
231 Imob. in curs Imobilizari corporale in curs 1,704,214 5,678,374 6,143,723 6,234,545
232 Imob. in curs Avansuri acordate pentru imobi - 10,518,389 9,296,926 9,296,926
233 Alte imob. Imob.necorp.curs executie - 103,409 ### 103,409
234 Alte imob. Avans pt. imob. necorporale - - ### -
261 Imob.Fin. Titl.partic.det.la entit.afili 7,956 7,956 ### 7,956
263 Imob.Fin. Interese de participare - - ### -
264 Imob.Fin. Titluri puse in echivalenta - - ### -
265 Imob.fin. Alte titluri imobilizate - - ### -
267 Creante TML Creante imobilizate - - 12 12
280 Alte imob. Amortizari priv.imob.necorp. (91,283) (54,703) (96,108) (110,001)
2811 Terenuri Amortizarea amenajarilor de te - - ### -
2812 Cladiri Amortizarea constructiilor (613,513) (155,123) (333,472) (422,718)
2813.01 Echipamente Amortizarea instalatiilor,mijl (3,632,916) (782,369) (1,104,697)
2813.02 Echipamente Amort.ap.si inst.masurare (37,737) (51,346)
2813.03 M.Transport Amort.mijl.de transport (200,004) (247,070)
2814 Mobilier Amort. altor imob.corporale (29,092) - (15,793) (21,938)
296 Imob.Fin. Ajustar.pt.deprec.imob.financ. - (7,956) ### (7,956)
301 Materii prime Materii prime 24,753 17,813 17,275 14,277
302 Materii prime Materiale consumabile 1,291,467 1,209,939 1,371,818 1,297,468
303 Materii prime Materiale de nat. ob. inv. 131,084 129,247 141,159 143,415
308 Materii prime Diferente de pretla mat.prim. 17,139 18,554 18,564 18,566
331 prod. In curs Produse in curs de executie 2,915,698 2,923,938 3,063,104 2,957,737
332 prod. In curs Lucrari si serv in curs.exec. - - ### -
341 prod. In curs Semifabricate 2,972 - ### 3,210
345 Prod.fin. Produse finite 2,798,723 2,766,978 1,991,983 2,352,829
346 Prod.fin. Produse reziduale 35,199 15,941 12,493 12,493
348 Prod.fin. Diferente de pret la produse (588,624) (381,592) (258,713) (518,784)
371 Marfuri Marfuri - 24,624 - -
378 Marfuri Diferente de pret la marfuri (358) (358) - -
381 Materii prime Ambalaje 5,466 5,989 ### 5,989
401 Furnizori Furnizori (1,526,099) (1,466,746) (1,436,422) (1,692,566)
403 Furnizori Efecte de plata - - ### -
404 Furnizori Furnizori de imobilizari (558,116) (2,489,799) (1,948,812) (1,795,452)
408 Alte creante Furnizori-facturi nesosite (493,995) (1,800,612) (2,229,254) (2,055,480)
4091 Alte creante Furn.-deb. pt. cump. bunuri 815,853 54,813 172,309 67,968
4092 Alte creante Furn.-deb. pt. prest. servicii 88,466 6,053 17,742 15,835
4111 Creante Clienti 2,440,584 1,778,173 2,168,441 2,411,035
4118 Creante Clienti incerti sau in litig. 209,899 528,709 523,076 522,816
413 Alte creante Efecte de primit 618,362 519,812 1,041,051 1,183,573
418 Alte creante Clienti-facturi de intocmit - - ### -
419 Clienti creditori Clienti - creditori (346,155) (241,719) (3,503,686) (2,854,781)
421 Salarii de plata Personal-salarii datorate (209,544) (228,969) (269,864) (312,356)
423 Salarii de plata Personal-aj.mat datorate - - ### -
424 Alte datorii Particip.personal.la profit - - ### -
425 Alte creante Avansuri acordate personalulu (45,108) - ### -
426 Salarii de plata Drepturi de personal neridic. (410) - ### -
427 Taxe de plata Retineri din salari.dator.tert (6,251) (7,041) (5,257) (3,937)
428 Salarii de plata Alte dat.si cre.in leg.cu per 259 - (2,063) (715)
431 Taxe de plata Asigurari sociale (297,138) (211,388) (318,810) (388,780)
437 Taxe de plata Ajutor de somaj (15,767) (12,021) (9,017) (3,894)
438 Taxe de plata Alte datorii si creante soc. 26,228 - ### -
441 Taxe de plata Impozitul pe profit (245,955) 215,861 (128,011) (128,011)
4423 Taxe de plata TVA de plata (225,017) (132,899) (105,881) (302,508)
4424 Taxe de plata TVA de recuperat - - ### -
4426 Taxe de plata TVA deductibila - - ### -
4427 Taxe de plata TVA colectata - - ### -
4428 Alte creante TVA neexigibila 78,873 284,189 353,372 328,336
444 Taxe de plata Impozitul pe salarii (91,669) (61,366) (72,557) (53,700)
445 Alte creante Subventii - - ### -
446 Alte creante Taxe si varsam.asimilate - (27,565) (17,259) (17,238)
447 Taxe de plata Fonduri speciale-taxe si vars (16,921) (13,105) (7,723) (10,189)
448 Taxe de plata Alte dat.si crea.cu bug.stat. - (17,689) (1,377) (221)
451 Alte creante Decontari in cadrul grupului - - ### -
453 Alte creante Dec priv interesele particip - - ### -
455 Datorii grup Sume datorate asociatilor - (1,100,000) (1,275,936) (1,303,436)
456 Datorii grup Decontari cu asoc.priv.capit. (2,292,651) - ### -
457 Dividende de plata Dividende de plata (815,377) (418,922) (418,026) (417,960)
458 Alte creante Decont.oper.in participatie - - ### -
461 Alte creante Debitori diversi 4,940 2,135 3,000 1,500
462 Alte datorii Creditori diversi - - ### -
471 Ch. In avans Cheltuieli inregistr.in avans 128,979 18,485 29,199 26,288
472 Alte creante Venituri inregistr. in avans (500) - ### -
473 Alte creante Decont.din op.in curs de clari 75 - 14,586 42,878
481 Alte creante Decont.intre unit. si subunit - - ### -
482 Alte creante Decontari intre subunitati - - ### -
491 Creante Proviz.pt.deprec.creante-clie (209,899) (528,709) (523,076) (522,816)
495 Creante Proviz.pt.deprec.creante-dec. - - ### -
511 Alte creante Valori de incasat - - ### -
5121 Cash Conturi la banci in lei 348,295 22,734 28,764 32,723
5124 Cash Conturi la banci in devize 1,269 754 248 234
5125 Cash Sume in curs de decontare - - ### -
518 Cash Dobinzi - - ### -
519 Credite TS Credite bancare pe term.scurt (4,727,180) (14,655,712) (14,761,350) (14,674,846)
5311 Cash Casa in lei 40,037 - 36,423 150,304
5314 Cash Casa in devize 15 - ### -
532 Alte active Alte valori 280 - 109 (5,625)
542 Alte creante Avansuri de trezorerie 8,610 - 2,470 4,288
601 Ch. Materiale Cheltuieli cu mat. prime (91,257) (232,091) (355,054) (538,417)
602 Ch. Materiale Cheltuieli cu mat.consumabile (1,132,415) (2,627,958) (669,218) (986,962)
603 Ch. Materiale Cheltuieli priv. ob.de invent (54,564) (96,393) (29,867) (28,201)
604 Ch. Materiale Chelt. priv. mat. nestocate (3,663) (7,711) (2,273) (2,520)
605 Ch. Utilitati Chelt. priv. energia si apa (2,599,404) (5,294,796) (1,770,417) (2,452,025)
607 Ch. Marfuri Cheltuieli privind marfurile (247,478) (527,475) (133,025) (151,174)
608 Ch. Materiale Cheltuieli privind ambalajele (6) (6) - -
611 Ch. Reparatii Cheltuieli de intret.si rep. (68,220) (196,698) (64,848) (82,531)
612 Ch. Chirii Chelt redevente,l.gest,chirii (5,161) (172,051) (12,689) (13,577)
613 Alte ch. Exploatare Cheltuieli cu primele de asig (46,157) (94,788) (69,112) (88,432)
614 Alte ch. Exploatare Cheltuieli cu studii si cerc. - (9,604) - -
621 Alte ch. Exploatare Cheltuieli cu colaboratorii - - ### -
622 Ch. Comisioane Chelt privind comis si onorar (796) (11,796) (5,666) (29,590)
623 Alte ch. Exploatare Chelt de protocol,recl si pub (12,951) (24,520) (4,181) (5,317)
624 Alte ch. Exploatare Chelt cu transp de bun-pers (63,868) (133,139) (221,937) (428,238)
625 Alte ch. Exploatare Chelt cu depl.,detas,transfer. (11,505) (28,539) (16,622) (18,207)
626 Alte ch. Exploatare Chelt postale,taxe telecomun. (27,815) (57,404) (29,226) (38,072)
627 Alte ch. Exploatare Chelt cu serv bancare si asim (31,608) (243,279) (27,594) (35,671)
628 Ch. Terti Alta chelt cu serv exec terti (201,682) (352,677) (148,620) (235,986)
635 Alte ch. Exploatare Chelt. cu alte impoz si taxe (141,503) (357,910) (92,576) (99,360)
641 Ch. Personal Chelt.cu renumeratiile pers. (2,456,407) (5,043,684) (1,757,192) (2,453,560)
642 Ch. Personal chelt tichetele masa sal (48,846) (125,860) (31,762) (49,155)
645 Ch. Personal Chelt.priv.asig.si prot soc. (694,630) (1,422,109) (499,488) (701,074)
654 Alte ch. Exploatare Pierderi din creante - (57,048) - -
6581 Alte cheltuieli Despagubiri,amenzi si penal. (92,743) (308,752) (143,473) (161,571)
6582 Alte cheltuieli Donatii si subventii acordate (56,148) (138,349) - -
6583 Alte cheltuieli Chelt.priv.activele cedate (1,002) (22,949) (134,482) (316,839)
6588 Alte cheltuieli Alte chelt. de exploatare (310) (2,995) (44,920) (0)
663 Alte cheltuieli Pierd.din crea.leg.de partici - - ### -
664 Alte cheltuieli Chelt. priv. inv. fin. cedate - - ### -
665 Ch. financiare Chelt.din dif.de curs valutar (20,486) (1,254,450) (77,163) (77,163)
666 Ch. Dobanzi Cheltuieli privind dobinzile (424,715) (1,025,939) (632,214) (831,099)
667 Ch. financiare Chelt.priv.sconturile acord. (682,444) - 36 86
668 Ch. financiare Alte cheltuieli financiare (595) (11,844) (29,454) (34,508)
671 Alte cheltuieli Chelt. priv. calamitatile - - ### -
6811 Amortizarea Chelt.de expl.priv.amort.imob (637,488) (1,300,067) (1,267,416) (1,826,678)
6814 Alte ch. Exploatare Chelt.de ex.priv.pr.depre.act - (333,678) - -
686 Ch. financiare Chelt.financ.priv.amort.prov. - - ### -
691 Impozit profit Chelt.cu impozitul pe profit (379,263) (435,722) (1,833) (1,833)
698 Alte cheltuieli Chelt.cu imp.pe venit si alte - - ### -
701 Vanzari Venituri din vinz.prod.finite 9,368,967 18,322,751 5,704,435 8,604,949
702 Vanzari Venituri din vinz.prod.semif. - 350 - -
703 Vanzari Venituri din vinz.prod.rezid. 85,935 155,454 105,357 110,789
704 Vanzari Ven.din lucr.exec.;serv.prest 230,181 348,169 158,904 206,148
705 Alte venituri exploatare Venituri din studii si cercet - - ### -
706 Alte venituri exploatare Ven.din redev.loc.gest,chirii 21 46 24 32
707 Ven. marfuri Venituri din vinz.de marfuri 255,674 606,539 202,583 235,464
708 Alte venituri exploatare Venituri din activit. diverse 16 1,250 11,741 11,741
711 Ven. Prod. Stocata Venituri din prod.stocata 26,867,345 52,258,935 9,003,495 14,900,625
721 Alte venituri exploatare Ven.din prod.de imobil.necorp - - ### -
722 Alte venituri exploatare Ven.din prod.de imobiliz.corp - 573,767 79,997 81,577
741 Alte venituri Venituri din subv.de exploat. - - ### -
7581 Alte venituri Ven.din despag.si penalitati - (128) 82 82
7582 Alte venituri Ven.din donatii subv.primite - - ### -
7583 Alte venituri Venituri din cedarea activ. - - 85,461 168,042
7584 Alte venituri Ven.din subv.pt.investitii - - ### -
7588 Alte venituri Alte venituri din exploatare 3,091 278,131 14,652 19,216
765 Ven. Financiare Ven.din dif.de curs valutar 1,983 845,176 178,498 178,498
766 Ven. Financiare Venituri din dobinzi 222 2,022 101 287
767 Ven. Financiare Venituri din sconturi obtin. - - 2,488 2,488
768 Ven. Financiare Alte venituri financiare - 718 171,179 686,249
7812 Alte venituri VDP pt.riscuri si cheltuieli 2,696 11,211 - -
7814 Alte venituri VDP deprecierea activ.circ. 1,000 7,913 5,632 5,892
SC MODEL TEORETIC SA
CONTUL DE PROFIT SI PIERDERE :
numar luni 12 12 12 10

Data / Nr. Luni ale perioadei 31-Dec-10 31-Dec-11 31-Dec-12 31-Oct-13

% % % %
Vanzarile (cifra afaceri) 9,685,084 80% 18,826,723 84% 5,968,695 97% 8,921,886 96%
Venituri din prod. Stocata 26,867,345 222% 52,258,935 232% 9,003,495 146% 14,900,625 161%
Ajustare 711 pt inchidere - 24,706,342 -204% (49,777,568) -221% (9,111,968) -148% (14,884,233) -161%
Alte venituri din exploatare 37 0% 575,063 3% 91,763 1% 93,350 1%

Venituri totale 11,846,124 98% 21,883,154 97% 5,951,985 97% 9,031,628 97%

Materii prime & Materiale (1,281,905) -11% (2,964,159) -13% (1,056,412) -17% (1,556,099) -17%
Cheltuieli cu utilitatile (2,599,404) -21% (5,294,796) -24% (1,770,417) -29% (2,452,025) -26%
Chelt. cu personalul (3,199,884) -26% (6,591,653) -29% (2,288,442) -37% (3,203,789) -35%
Servicii prestate de terti (201,682) -2% (352,677) -2% (148,620) -2% (235,986) -3%
Cheltuieli cu chiriile (5,161) 0% (172,051) -1% (12,689) 0% (13,577) 0%
Cheltuieli cu reparatiile (68,220) -1% (196,698) -1% (64,848) -1% (82,531) -1%
Cheltuieli cu comisioane (796) 0% (11,796) 0% (5,666) 0% (29,590) 0%
Alte chelt. de exploatare (335,408) -3% (1,339,909) -6% (461,248) -7% (713,296) -8%

Total cheltuieli operationale (7,692,459) -64% (16,923,740) -75% (5,808,342) -94% (8,286,893) -89%

Venituri din vanzarea marfurilor 255,674 2% 606,539 3% 202,583 3% 235,464 3%

Cheltuieli privind marfurile (247,478) -2% (527,475) -2% (133,025) -2% (151,174) -2%

Rezultat din vanzarea marfurilor 8,195 0% 79,064 0% 69,558 1% 84,290 1%

EBITDA 4,161,860 34% 5,038,478 22% 213,201 3% 829,025 9%

Amortizarea (637,488) -5% (1,300,067) -6% (1,267,416) -21% (1,826,678) -20%

EBIT 3,524,373 29% 3,738,411 17% (1,054,215) -17% (997,653) -11%

Venituri financiare 2,205 0% 847,917 4% 352,266 6% 867,522 9%

Minus: Alte cheltuieli financiare (703,524) -6% (1,266,294) -6% (106,582) -2% (111,586) -1%
Minus: Cheltuieli cu Dobanzile (424,715) -4% (1,025,939) -5% (632,214) -10% (831,099) -9%

Profitul din Exploatare 2,398,338 20% 2,294,094 10% (1,440,745) -23% (1,072,816) -12%
Alte Venituri (extraordinare) 6,787 0% 297,127 1% 105,827 2% 193,232 2%
Alte chelt. (extraordinare) (150,201) -1% (473,046) -2% (322,875) -5% (478,410) -5%

Profitul Pre-Impozitare 2,254,923 19% 2,118,175 9% (1,657,793) -27% (1,357,994) -15%

Impozitul pe Profit (379,263) -3% (435,722) -2% (1,833) 0% (1,833) 0%

Profitul Net 1,875,660 15% 1,682,453 7% (1,659,626) -27% (1,359,827) -15%

Verificare ---> - - 0 - -
 FLUXUL DE NUMERAR ISTORIC

31/12/2010 - 31/12/2011 - 31/12/2012 -

31/12/2011 31/12/2012 31/10/2013
Cash la inceputul perioadei 389,616 23,488 65,435

EBITDA 5,038,478 213,201 829,025

Variatia stocurilor (97,553) 367,400 76,474

Variatia creante & alte active circulante 2,809,936 (720,281) (447,594)
Variatia furnizorilor si altor obligatii pe termen scurt 757,872 3,141,704 (262,437)
Total variatie capital de lucru 3,470,254 2,788,823 (633,557)

Alte venituri & alte cheltuieli (2,055,958) (605,411) (362,174)

Cash-flow operational net 6,452,775 2,396,613 (166,705)

Investitii (16,252,537) (5,001,162) (813,340)

Alte active TL 0 (12) 0
Cash-flow investitii (16,252,537) (5,001,174) (813,340)

din credite TS 9,928,532 105,638 (86,504)

din credite TML (337,066) 1,552,285 (794,218)
Cash-flow din finantari 9,591,466 1,657,923 (880,722)

Alte resurse 0 0 0
var. cap. prop. (mai putin Rez. Reeval) 1,034,818 812,650 1,951,092
divid. + imprumuturi asociati (1,192,651) 175,936 27,500
Capitaluri actionari si alte surse (157,832) 988,586 1,978,592

Cash-flow net (366,128) 41,947 117,826

Cash la sf. Perioadei 23,488 65,435 183,260
check - 0 0 0
Media Ponderata a Ratei de Schimb: 4.32 4.45 4.43 4.43

Vanzari: var var var

Vanzari Medii Lunare: 828,396 1,619,439 95% 514,273 -68% 915,735 78%
Vanzari in echiv EUR 191,772 363,608 90% 116,123 -68% 206,684 78%
EBITDA
EBITDA Lunar Mediu: 346,822 419,873 21% 17,767 -96% 82,903 367%
EBITDA in echiv EUR 80,288 94,273 17% 4,012 -96% 18,711 366%
Profitul din exploatare
Profit din exploatare mediu lunar 199,861 191,174 -4% (120,062) -163% (107,282) -11%
Profit din exploatare in echiv EUR 46,267 42,924 -7% (27,110) -163% (24,214) -11%

Costuri salariale lunare medii: (266,657) (549,304) (190,704) (320,379)

Marja comerciala: 3.2% 13.0% 34.3% 35.8%

Marjele Profiturilor:
EBITDA 34.39% 22.40% -35% 3.46% -85% 8.95% 158%
Profit din exploatare 19.82% 10.20% -49% -23.41% -329% -11.58% -51%
Profit net 15.83% 7.69% -51% -27.88% -463% -15.06% -46%
SC MODEL TEORETIC SA
BILANTUL CONTABIL
numar luni 12 12 12 10

31-Dec-10 % in total 31-Dec-11 % in total 31-Dec-12 % in total 31-Oct-13 % in total

Active Circulante: % % % %
Numerar si Echivalenti 389,616 2% 23,488 0% 65,435 0% 183,260 0%
Creante Neincasate 2,440,584 10% 1,778,173 4% 2,168,441 4% 2,411,035 5%
Avansuri propriet., manag., angaj. - 0% - 0% - 0% - 0%
Creante intragrup / asociati TS - 0% - 0% - 0% - 0%
din care comerciale - 0% - 0% - 0% - 0%
Alte creante 1,075,577 4% (961,174) -2% (641,984) -1% (428,340) -1%
Stocuri: 6,633,519 26% 6,731,072 14% 6,363,672 12% 6,287,199 12%
Materii Prime si Materiale 1,469,909 6% 1,381,542 3% 1,554,805 3% 1,479,714 3%
Productie in curs 2,918,670 11% 2,923,938 6% 3,063,104 6% 2,960,946 6%
Marfuri (358) 0% 24,266 0% - 0% - 0%
Produse Finite & Semifabricate 2,245,298 9% 2,401,327 5% 1,745,763 3% 1,846,538 4%
Avansuri stocuri - 0% - 0% - 0% - 0%
Alte Active Circulante 280 0% - 0% 109 0% (5,625) 0%

Cheltuieli Inregistrate in Avans 128,979 1% 18,485 0% 29,199 0% 26,288 0%

Total Active Circulante 10,668,555 42% 7,590,044 15% 7,984,872 15% 8,473,818 16%

Active Imobilizate
Mobilier si alte active mobile 52,049 0% 158,513 0% 146,080 0% 139,935 0%
Mijloace de transport 2,200,610 9% 2,146,794 4% 1,789,862 3% 1,440,099 3%
Echipament 8,437,259 33% 15,045,863 30% 19,132,155 36% 18,194,324 35%
Cladiri si Amenajari 1,532,060 6% 6,732,692 14% 6,730,840 13% 6,641,594 13%

Terenuri 698,890 3% 1,326,806 3% 1,326,806 3% 1,326,806 3%

Alte Active Necirculante 89,582 0% 327,682 1% 289,817 1% 277,174 1%
Imobilizari financiare 7,956 0% - 0% - 0% - 0%
Imobilizari in curs 1,704,214 7% 16,196,763 33% 15,440,648 29% 15,531,471 30%

Creante neincasate TML - 0% - 0% 12 0% 12 0%

Total Active Imobilizate 14,722,620 58% 41,935,111 85% 44,856,220 85% 43,551,415 84%

TOTAL ACTIVE 25,391,176 100% 49,525,156 100% 52,841,092 100% 52,025,233 100%

Rata Curenta 0.93 0.36 0.33 0.35

Rata Rapida 0.34 0.04 0.07 0.09
Rate ale Activitatii: zile zile zile zile
Rulajul Clientilor (1) 71 27 102 64
Rulaj Creante 106 12 73 53
Rotatia Stocurilor (2) 504 0 223 0 627 0 360
Rulajul Furnizorilor (3) 128 0 106 0 269 0 161
Rulaj Decontari Curente 391 158 664 379

Ciclu operational (1+2) 575 250 729 424

Necesar de finantare (1+2-3) 447 144 460 263
Necesar ipotetic de finantare (RON): 7,897,531 5,840,632 7,364,269 7,117,095
UL CONTABIL
numar luni 12 12 12 10
% in % in % in
31-Dec-10 total 31-Dec-11 total 31-Dec-12 total 31-Oct-13 % in total
Datorii Curente: % % % %
Datorii furnizori (2,084,215) 8% (3,956,545) 8% (3,385,235) 6% (3,488,019) 7%
Clienti creditori (346,155) 1% (241,719) 0% (3,503,686) 7% (2,854,781) 5%
Taxe de plata (872,490) 3% (239,648) 0% (648,633) 1% (891,240) 2%
Salarii de plata (209,695) 1% (228,969) 0% (271,927) 1% (313,071) 1%
Dividende de plata (815,377) 3% (418,922) 1% (418,026) 1% (417,960) 1%

Credite bancare pe TS (4,727,180) 19% (14,655,712) 30% (14,761,350) 28% (14,674,846) 28%
PC a datoriei nebancare pe TML - 0% - 0% - 0% - 0%
PC a datoriei bancare pe TML - 0% - 0% - 0% - 0%
0% 0% 0% 0%
Datorii intragrup / asociati (2,292,651) 9% (1,100,000) 2% (1,275,936) 2% (1,303,436) 3%
din care comerciale - 0% - 0% - 0% - 0%
Alte datorii curente - 0% - 0% - 0% - 0%

Venituri inregistrate in avans - 0% - 0% - 0% - 0%

Total Datorii Curente (11,347,762) 45% (20,841,515) 42% (24,264,793) 46% (23,943,353) 46%
Datorii Termen Lung:
Credite bancare pe TML (337,906) 1% - 0% - 0% - 0%
Datorii financiare nebancare TML (2,184,702) 9% (2,185,543) 4% (3,737,827) 7% (2,943,610) 6%

Alte obligatii pe TML - 0% - 0% - 0% - 0%

Dividende de plata TML - 0% - 0% - 0% - 0%
Datorii intragrup / asociati TML - 0% - 0% - 0% - 0%
Total Datorii Termen-Lung: (2,522,609) 10% (2,185,543) 4% (3,737,827) 7% (2,943,610) 6%
Total Datorii: (13,870,371) 55% (23,027,058) 46% (28,002,620) 53% (26,886,962) 52%
Capitaluri proprii
Capital Social Subscris si Varsat (1,038,404) 4% (3,958,403) 8% (3,958,403) 7% (3,958,403) 8%
Capital Social Subscris si Nevarsat - 0% - 0% - 0% - 0%
Rezultat an curent (1,875,660) 7% (1,682,453) 3% 1,659,626 -3% 1,359,827 -3%
Rezultat retinut din anii precedenti (1,102,441) 4% (926,760) 2% (2,609,213) 5% (2,609,213) 5%
Alte Fonduri (7,504,300) 30% (7,670,460) 15% (8,483,110) 16% (8,774,576) 17%
Rezerve din reevaluare - 0% (12,260,021) 25% (11,447,371) 22% (11,155,905) 21%
0% 0% 0% 0%
Dividende ce nu se platesc - 0% - 0% - 0% - 0%
Imprumuturi Subordonate - 0% - 0% - 0% - 0%
Total Capitaluri Asociati (11,520,805) 45% (26,498,098) 54% (24,838,472) 47% (25,138,271) 48%

TOTAL DATORII SI CAPITALURI: (25,391,176) 100% (49,525,156) 100% (52,841,092) 100% (52,025,233) 100%
Verificare ---> - - - -
Ratele Indatorarii:
Total Datorii / Total Active 0.55 0.46 0.53 0.52
Total Imprumuturi / Total Active 0.29 0.34 0.35 0.34

Rotatia activelor: 0.48 0.45 0.12 0.21

Acoperirea dobanzii: 9.8 x 4.9 x 0.0 x 0.0 x
Perioada de amortizare a datoriei: 2.3 ani 4.7 ani !!! 19.3 ani
Investitii: n.a. 16,252,537 5,001,162 813,340
Free cash-flow n.a. (9,799,762) (2,604,550) (980,045)

Rentabilitatea activelor (ROA) 11.1% 6.7% 0.0% 0.0%

Rentabilitatea capit proprii (ROE) 16.3% 11.8% 0.0% 0.0%
PREVIZIUNE BVC SI RATELE ACTIVITATII

Data / Nr. Luni ale

perioadei 31-Dec-10 31-Dec-11
Venituri operationale 11,846,124 98% 21,883,154 97%
Materii prime & MateCh. Materiale (1,281,905) -11% (2,964,159) -13%
Cheltuieli cu utilitati Ch. Utilitati (2,599,404) -21% (5,294,796) -24%
Chelt. cu personalulCh. Personal (3,199,884) -26% (6,591,653) -29%
Servicii prestate de teCh. Terti (201,682) -2% (352,677) -2%
Cheltuieli cu chiriile Ch. Chirii (5,161) 0% (172,051) -1%
Cheltuieli cu reparatiCh. Reparatii (68,220) -1% (196,698) -1%
Cheltuieli cu comisi Ch. Comisioane (796) 0% (11,796) 0%
Alte chelt. de explo Alte ch. Exploatare (335,408) -3% (1,339,909) -6%
Total cheltuieli operationale (7,692,459) -64% (16,923,740) -75%
Venituri din vanzareVen. Marfuri 255,674 2% 606,539 3%
Cheltuieli privind maCh. Marfuri (247,478) -2% (527,475) -2%
Rezultat din vanzarea marfurilor 8,195 0% 79,064 0%
EBITDA 4,161,860 34% 5,038,478 22%
Marja EBITDA 34% 0% 22% 0%
Amortizarea (637,488) -5% (1,300,067) -6%
EBIT 3,524,373 29% 3,738,411 17%
Venituri financiare Ven. Financiare 2,205 0% 847,917 4%
Minus: Alte cheltuielCh. Financiare (703,524) -6% (1,266,294) -6%
Minus: Cheltuieli cu Ch. Dobanzi (424,715) -4% (1,025,939) -5%
Profitul din Exploatare 2,398,338 20% 2,294,094 10%
Alte venituri/alte cheltuieli (143,415) -1% 297,127 1%
Impozitul pe Profit Impozit profit (379,263) -3% (435,722) -2%
Profitul Net 1,875,660 15% 1,682,453 7%
Marja Profitului Net 15% 0% 7% 0%

Rate ale Activitatii: zile zile

Rulajul Clientilor (1) 71 27
Rulaj Creante 106 12
Rotatia Stocurilor (2) 504 223
Rulajul Furnizorilor (3) 128 106
Rulaj furnizori + alte datorii curente 391 158
IVITATII

ipoteze an
31-Dec-12 31-Oct-13 I PREVIZ AN I
5,951,985 97% 9,031,628 97% +20% 13,005,544 97%
(1,056,412) -17% (1,556,099) -17% 100% v (2,278,928) -17%
(1,770,417) -29% (2,452,025) -26% 50% v (2,995,512) -22%
(2,288,442) -37% (3,203,789) -35% 40% v (4,076,797) -30%
(148,620) -2% (235,986) -3% 100% v (345,604) -3%
(12,689) 0% (13,577) 0% 100% f (100,000) -1%
(64,848) -1% (82,531) -1% 100% f (80,000) -1%
(5,666) 0% (29,590) 0% 100% f (20,000) 0%
(461,248) -7% (713,296) -8% 100% v (1,044,631) -8%
(5,808,342) -94% (8,286,893) -89% (10,941,472) -81%
202,583 3% 235,464 3% +50% 423,835 3%
(133,025) -2% (151,174) -2% 100% v (221,396) -2%
69,558 1% 84,290 1% 202,439 2%
213,201 3% 829,025 9% 2,266,511 17%
3% 0% 9% 0% 17% 0%
(1,267,416) -21% (1,826,678) -20% 100% f (1,500,000) -11%
(1,054,215) -17% (997,653) -11% 766,511 6%
352,266 6% 867,522 9% 900,000 7%
(106,582) -2% (111,586) -1% (200,000) -1%
(632,214) -10% (831,099) -9% 100% f (810,000) -6%
(1,440,745) -23% (1,072,816) -12% 656,511 5%
105,827 2% 193,232 2% 200,000 1%
(1,833) 0% (1,833) 0% (205,563) -2%
(1,659,626) -27% (1,359,827) -15% 650,948 5%
-27% 0% -15% 0% 5% 0%

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102 64
73 53 59
627 360 300
269 161 210
664 379 300
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PREVIZIUNE BILANT CONTABIL
% in PREVIZ AN
31-Oct-13 TA PREVIZ AN I % in TA II
Active Circulante:
Numerar si Echivalenti 183,260 0.4% 73,115 0.1%
Creante Neincasate 1,977,071 3.8% 2,729,148 5.4% -
Stocuri: 6,287,199 12.1% 5,905,060 11.6% -
Cheltuieli Inregistrate in Avans 26,288 0.1% 26,288 0.1%

Total Active Circulante 8,473,818 16.3% 8,733,611 17.2% -

Active Imobilizate
Corporale 28,019,932 53.9% 26,519,932 52.2%
Financiare 12 0.0% 12 0.0%
In curs 15,531,471 29.9% 15,531,471 30.6%

Total Active Imobilizate 43,551,415 83.7% 42,051,415 82.8% -

0.0% 0.0%
TOTAL ACTIVE 52,025,233 100% 50,785,026 100% -

DIFERENTE - (0) -
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- - -
 PREVIZ AN
31-Oct-13 %in TP PREVIZ AN I %in TP II
Datorii Curente:
Datorii furnizori (6,342,800) 12.2% - 5,125,592 10.1% -
Taxe de plata (891,240) 1.7% (990,631) 2.0%
Salarii de plata (313,071) 0.6% (339,733) 0.7%
Dividende de plata (417,960) 0.8% (717,960) 1.4%
Datorii intragrup / asociati (1,303,436) 2.5% (1,703,436) 3.4%
Credite bancare pe TS (14,674,846) 28.2% (13,674,846) 26.9%

Venituri inregistrate in avans - 0.0% - 0.0%

Total Datorii Curente (23,943,353) 46.0% (22,552,198) 44.4% -

Datorii Termen Lung: (2,943,610) 5.7% (2,443,610) 4.8%

0.0% 0.0%
Total Datorii: (26,886,962) 51.7% (24,995,807) 49.2% -

Capitaluri proprii
Capital social (3,958,403) 7.6% (3,958,403) 7.8%
Rezerve, fonduri (22,539,694) 43.3% (21,179,867) 41.7%
Rezultat an curent 1,359,827 -2.6% - 650,948 1.3%
Imprumuturi subordonate/Subventii - 0.0% 0 0.0%
Total Capitaluri Asociati (25,138,271) 48.3% (25,789,219) 50.8% -

TOTAL DATORII SI CAPITALURI: (52,025,233) 100% (50,785,026) 100% -

 PREVIZ AN PREVIZ AN PREVIZ AN
%in TP III %in TP IV %in TP V %in TP

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PREVIZIUNE CASHFLOW INDIRECT
Variatie
31/12/2012 - PREVIZIUNE
31/10/2013 AN I
Cash la inceputul perioadei 65,435 183,260

EBITDA 829,025 2,266,511

0
Variatia stocurilor 76,474 382,139
Variatia creante & alte active circulante (447,594) (752,078)
Variatia furnizorilor si altor obligatii pe termen scurt (262,437) (391,155)
Total variatie capital de lucru (633,557) (761,094)
0
Alte venituri & alte cheltuieli (362,174) (115,563)
0
Cash-flow operational net (166,705) 1,389,855
0
Investitii (813,340) 0
Alte active TL 0 0
Cash-flow investitii (813,340) 0
0
din credite TS (86,504) (1,000,000)
din credite TML (794,218) (500,000)
Cash-flow din finantari (880,722) (1,500,000)
0
Alte resurse 0 0
var. cap. prop. (mai putin Rez. Reeval) 1,951,092 0
divid. + imprumuturi asociati 27,500 0
Capitaluri actionari si alte surse 1,978,592 0
0
Cash-flow net 117,826 (110,145)
Cash la sf. Perioadei 183,260 73,115
check 0 0
Variatie Variatie Variatie
PREVIZIUNE AN PREVIZIU PREVIZIU
Ii NE AN Iii NE AN Iv
73,115 0 0

0 0 0

5,905,060 0 0
2,755,436 0 0
(8,877,351) 0 0
(216,855) 0 0

0 0 0

(216,855) 0 0

(42,051,415) 0 0
(15,531,483) 0 0
(57,582,897) 0 0

(13,674,846) 0 0
(2,443,610) 0 0
(16,118,456) 0 0

0 0 0
(25,789,219) 0 0
0 0 0
(25,789,219) 0 0

(99,707,427) 0 0
(99,634,312) 0 0
- 99,634,312 - -