Type of financial
statements: BS
Check only if
applicable:
 Large tax payers submitting balance sheets in
Bucharest
Branch
Legal person: SC ALBALACT SA
Address: locality of OIEJDEA, DN1 KM 391+600
Telephone 0258816424
Trade Register Number: J01/70/1991
Type of property: 34 – Limited Liability Companies
Main activity (code and CAEN class title): 1051 – Operation of dairies and cheese making
Fiscal identification number: 1755369
- lei –
Form 10
BALANCE SHEET short form
Form 10
F10 - page 1
-lei-
as at 30.06.2011
Item name
A
A. FIXED ASSETS
I. INTANGIBLE ASSETS (acc. 201+203+205+2071+208+233+234-280-2902933)
II. TANGIBLE ASSETS (acc. 211 +212+213+214+223+224+231 +232-281 291 -2931)
III. FINANCIAL ASSETS (acc. 261 +263+265+267* - 296*)
LONG TERM ASSETS – TOTAL (lines 01 + 02 + 03)
B. CURRENT ASSETS
1. INVENTORIES (acc. 301+321+302+322+303+323+/308+328+331+332+341+345+346 +/348+351+354+356+357+358+361+326+/-368+371+327+/-378+381+/-388391-392-393-394-395-396-397-398+4091-4428)
II. RECEIVABLES (acc. 267*
296*+4092+411+413+418+425+4282+431**+437**+4382+441**+4424
+4428**+444**+445+446**+447**+4482+451**+453**+456**+4582+461+473**491 -495-496+5187)
III. SHORT TERM INVESTMENTS (acc. 501+505+506+508+5113+5114-591595-596-598)
IV CASH AT HAND AND IN BANKS (acc. 5112+512+531+532+541+542)
CURRENT ASSETS - TOTAL (lines 05 + 06 + 07 + 08)
C. EXPENSES IN ADVANCE (acc. 471)
D. LIABILITIES: AMOUNTS PAYABLE WITHIN ONE YEAR (acc.
161+162+166+167+168169+269+401+403+404+405+408+419+421+423+424
+426+427+4281+431***+437***+4381+441***+4423+4428***+444***+446***+
447***+4481 +451 ***+453*** +455+456***+457+4581
+462+473***+509+5186+519)
E. NET CURRENT ASSETS/NET CURRENT LIABILITIES (lines 09 +10-1119)
Line
no.
B
Balance as at:
01.01.2011
30.06.2011
1
2
01
707104
722752
02
111112189
91806231
03
04
17977107
129796400
17972334
110501317
05
18967153
19648157
06
45174556
50847493
07
0
08
09
10
2417297
66559006
5151539
3082464
73578114
135870
11
77982326
65658440
12
-9271781
8055544
F. TOTAL ASSETS LESS CURRENT LIABILITIES (lines 04 + 12)
G. AMOUNTS PAYABLE WITHIN MORE THAN ONE YEAR
(ct.161+162+166+167+168169+269+401+403+404+405+408+419+421+423+424
+426+427+4281+431***+437***+4381+441***+4423+4428***+444***+446**
*+ 447***+4481 +451 ***+453*** +455+456***+4581
+462+473***+509+5186+519)
13
120524619
118556861
14
29050270
26304660
H. PROVISIONS (acc. 151)
I. DEFERRED INCOME (lines 17 + 18 + 21), of which:
Subventions for investments (acc. 475)
Income registered in advance (acc. 472) - total (lines 19+20), of which:
Amounts to be retaken within one year (acc. 472*)
Amounts to be retaken in more than one year (acc. 472*)
Negative goodwill (acc. 2075)
J. CAPITAL AND RESERVES
I. CAPITAL (lines 23 + 24 + 25), of which:
- Share capital issued and paid up (acc. 1012)
- Share capital issued and not paid up (acc. 1011)
- Utility assets (acc. 1015)
II. CAPITAL PREMIUMS (acc. 104)
III. REVALUATION RESERVES (acc. 105)
IV. RESERVES (acc. 106)
Own shares (acc. 109)
Gains related to equity instruments (acc. 141)
Losses related to equity instruments (acc. 149)
V. PROFIT OR LOSS CARRIED FORWARD
CREDIT BALANCE
(acc. 117)
DEBIT BALANCE
(acc. 117)
VI. PROFIT OR LOSS OF THE REPORTING PERIOD
CREDIT BALANCE
(acc. 121)
DEBIT BALANCE
(acc. 121)
The distribution of profit (acc. 129)
EQUITY - TOTAL (lines 22+26+27+28-29+30-31+32-33+34-35-36)
Public assets (acc. 1016)
CAPITAL - TOTAL (lines 37+38)
15
16
17
18
19
20
21
208663
5347792
F10 - page 2
208663
4753370
22
23
24
25
26
27
28
29
30
31
65270887
65270887
65270887
65270887
13097837
6827280
12206253
7273556
32
275613
275613
580212
2263859
133935
85917894
87290168
85917894
87290168
33
34
35
36
37
38
39
Control amount F10 : 18710701502 / 5218170836
*) Accounts to be distributed by the nature of the related items.
**) Debit balances of the respective accounts.
***) Credit balances of the respective accounts.
Line 06 - Amounts included on this line and taken over from account 267 are receivables related to financial
leasing and similar agreements, as well as other long term receivables, due in less than 12 months.
Trustee,
First name and last name
CIURTIN PETRU RAUL
Prepared,
First name and last name:
DRAGOMIR DUMITRU
Acting as: 11 - Financial Manager
Signature: illegible
Signature: illegible
Unit seal: ALBALACT S.A.
Stamp: Validated form
Registration no. with the professional body:
F20 - page 1
- lei -
PROFIT AND LOSS ACCOUNT
as at 30.06.2011
Form 20
Name of ratios
Proceeds
Line Proceeds
relating
to
relating
to the
no.
the prior
reporting
period
01.01.201006.30.2010
A
1. Net turnover (lines 02+03-04+05+06)
Sold production (acc. 701+702+703+704+705+706+708)
Income from the sale of goods (acc. 707)
Trade rebates granted (acc. 709)
Interest revenues of entities erased from the General Ledger
who still have leasing agreements in operation (acc. 766* )
Income from operational subventions related to the net
turnover (acc. 7411)
2. Income related to the cost of work in progress (acc. 711+712)
Credit balance
Debit balance
3. Production made by the entity for its own purposes
and capitalized (acc. 721+ 722)
4. Other operating revenues (acc. 758+7417+7815)
- of which, revenues from negative goodwill
OPERATING REVENUES - TOTAL (lines 01+ 07 - 08 + 09 +
10)
5. a) Expenses with raw materials and consumables (acc.
601+602-7412)
Other expenses with materials (acc. 603+604+606+608)
b) Other expenses with third party suppliers (energy and
water)(acc. 605-7413)
c) Expenses with merchandise (acc. 607)
Trade rebates received (acc. 609)
6. Personnel expenses (lines 19 +20), of which:
a) Salaries and allowances (acc. 641+642+643+644-7414)
b) Insurance and social protection expenses (acc. 645-7415)
7.a) Value adjustments regarding tangible and intangible long
term assets (lines 22 - 23)
a.1) Expenses (acc. 6811+6813)
a.2) Revenues (acc. 7813)
b) Value adjustments regarding current assets (lines 25 - 26)
b.1) Expenses (acc. 654+6814)
b.2) Revenues (acc. 754+7814)
8. Other operating expenses (lines 28 to 31)
8.1. Expenses for services provided by third parties (acc.
611+612+613+614+621+622+623+624 +625+626+627+6287416)
8.2. Expenses with other taxes, duties and similar obligations
(acc. 635)
8.3. Other expenses (acc. 652+658)
B
01
02
03
04
1
current
reporting
period
01.01.201106.30.2011
2
125070971
112445966
14865237
2240232
165869656
146845134
24361023
5336501
07
08
3434295
4243060
09
1628
10
11
879643
19569383
12
129386537
189682099
13
72155617
97541732
14
300894
1042149
15
2163895
2386560
16
17
18
19
20
11229429
37331
10953290
8492676
2460614
20483284
73279
13749872
10767464
2982408
21
6601027
5995126
22
23
24
25
26
27
6601027
5995126
19646700
2921
45754502
28
17982304
26842431
29
593208
555370
30
1071188
18356701
05
06
-2921
Refinancing interest expenses incurred by entities erased from the
General Ledger who still have leasing agreements in operation (acc.
666*)
Adjustments regarding provisions (acc. 33 - 34)
- Expenses (acc. 6812)
- Revenues (acc. 7812)
OPERATING EXPENSES – TOTAL (lines 13 to 16 - 17 +18 + 21 +
24 + 27 + 32)
OPERATING PROFIT OR LOSS:
- Profit (lines 12 - 35)
- Loss (lines 35 - 12)
9. Revenue from participation interests (acc. 7611+7613)
- of which, income from affiliated entities
10. Revenue from investments and loans which are shown as long
term assets (acc. 763)
- of which, income from affiliated entities
11. Interest income (acc. 766*)
- of which, income from affiliated entities
Other financial income (acc. 762+764+765+767+768)
FINANCIAL INCOME – TOTAL (lines 38 + 40 + 42 + 44)
12. Value adjustments regarding financial long term assets and
investments held as current assets (lines 47 - 48)
- Expenses (acc. 686)
- Revenues (acc. 786)
13. Interest expenses (acc. 666*-7418)
- of which, expenses in the relation with affiliated entities
Other financial expenses (acc. 663+664+665+667+668)
FINANCIAL EXPENSES – TOTAL (lines 46 + 49 + 51)
FINANCIAL PROFIT OR LOSS:
- Profit (lines 45 - 52)
- Loss (lines 52 - 45)
14. CURRENT PROFIT OR LOSS:
- Profit (lines 12 + 45 - 35 - 52)
- Loss (lines 35 + 52 - 12 - 45)
15. Extraordinary revenues (acc. 771)
16. Extraordinary expenses (acc. 671)
17. PROFIT OR LOSS FROM EXTRAORDINARY ACTIVITIES:
- Profit (lines 57 - 58)
- Loss (lines 58 - 57)
TOTAL REVENUES (lines 12 + 45 + 57)
TOTAL EXPENSES (lines 35 + 52 + 58)
GROSS PROFIT OR LOSS:
- Profit (lines 61 - 62)
- Loss (lines 62 - 61)
18. Profit tax (acc. 691)
19. Other taxes, not shown above (acc. 698)
20. NET PROFIT OR LOSS IN THE REPORTING PERIOD:
- Profit (lines 63 - 64 - 65 - 66)
- Loss (lines 64 + 65 + 66 - 63)
31
32
33
34
35
123013521
186877025
36
37
38
39
6373016
0
2805074
0
35652
30749
2538351
2574003
3484132
3514881
1068755
1073961
4925724
5994479
2617499
3691460
53
54
0
3420476
0
176579
55
56
57
58
2953540
0
2628495
0
59
60
61
62
0
0
131960540
129008000
0
0
193196980
190568485
63
64
65
66
2952540
0
534300
2628495
0
364636
67
68
2418240
0
2263859
0
40
41
42
43
44
45
46
47
48
49
50
51
52
Control amount F20:
*) Accounts to be distributed by the nature of the related items.
Line 19 - this line includes collaborator rights, established according to the employment legislation, which
are taken over from the debit turnover of account 621 „Collaborator expenses”, analytical account
„Collaborators - individuals”.
Trustee,
First name and last name
CIURTIN PETRU RAUL
Prepared,
First name and last name:
RADOVICI ADRIAN
Acting as: 11 - Financial Manager
Signature: illegible
Signature: illegible
Unit seal: ALBALACT S.A.
Stamp: Validated form
Registration no. with the professional body:
F30 - page 1
INFORMATIVE DATA
as at
Form 30
30.06.2011
I. Data regarding the result
Line
no.
- lei -
No. of units
Amounts
A
Number of units registering profit
Number of units registering loss
B
01
02
II Data regarding overdue
payments
Line
no.
Total,
of
which:
For the current
activity
For the
investment
activity
B
1=2+3
2
3
A
Overdue payments – total (lines
04+08+14 to 18+22), of which:
Outstanding suppliers – total (lines 05
to 07), of which:
-more than 30 days
-more than 90 days
-more than 1 year
Overdue payments to the welfare
budget – total (lines 09 to 13), of
which:
- Contributions to social
welfare funds due by
employers, employees and
other assimilated persons
- Contributions to social health
insurance funds
- Contribution to the supplementary
pension fund
- Contributions to the unemployment
fund
- Other social liabilities
Overdue payments to the welfare
budget and other funds
Overdue payments to other creditors
Taxes and duties to the state budget,
not paid when due
Taxes and duties to the local budgets,
not paid when due
Bank loans not repaid when due –
total (lines 19 to 21), of which:
- overdue by more than 30 days
- overdue by more than 90 days
- overdue by more than 1 year
Outstanding interest
III. Average number of
employees
A
Average number of employees
1
2
1
0
2263859
0
03
04
05
06
07
08
09
10
11
12
13
14
15
16
17
18
19
20
21
22
Line
no.
B
23
30.06.2010
30.06.2011
1
2
580
619
IV. Interests, equities and royalties
paid
A
Gross income from interest paid by Romanian
legal persons to non-resident natural persons,
of which:
- taxes due to the state budget
Gross income from interest paid by
Romanian legal persons to non-resident
natural persons in EU member states, of
which:
- taxes due to the state budget
Gross income from interest paid by Romanian
legal persons to non-resident affiliated legal
persons*), of which:
- taxes due to the state budget
Gross income from interest paid by Romanian
legal persons to non-resident affiliated legal
persons*) in EU member states, of which:
- taxes due to the state budget
Gross income from dividends paid by Romanian
legal persons to non-resident persons, of which:
- taxes due to the state budget
Gross income from dividends paid by Romanian
legal persons to non-resident affiliated legal
persons*), of which:
- taxes due to the state budget
Income from royalties paid by Romanian legal
persons to non-resident affiliated legal persons*)
in EU Member States, of which:
- taxes due to the state budget
V. Restaurant tickets
A
The equivalent value of restaurant tickets
granted to employees
VI. Expenses incurred in the
research - development
activity **)
A
Research and development expenses, of which:
- from public funds
- from private funds
VII. Innovation expenses ***)
A
Innovation expenses - total (lines 43 to 45), of
which:
- innovation expenses completed during the
reporting period
- innovation expenses in progress during the
reporting period
- innovation expenses abandoned during the
reporting period
VIII. Other information
A
Financial assets, gross amounts (lines 47 + 55),
of which:
Shares held in affiliated undertakings,
participation interests, other long-term titles and
Line
no.
Amounts (lei)
B
1
24
25
26
27
28
29
30
31
32
33
34
35
36
37
Line
no.
Amounts (lei)
B
1
38
Line
no.
B
39
40
41
Line
no.
B
608674
30.06.2010
30.06.2011
1
2
30.06.2010
30.06.2011
1
2
30.06.2010
30.06.2011
1
2
42
43
44
45
Line
no.
B
46
17917102
17972334
47
17909272
17959905
bonds, gross amounts (lines 48 to 54), of which:
- quoted shares issued by resident entities
- unquoted shares issued by resident entities
- shares issued by resident entities
- bonds issued by resident entities
- shares issued by collective placement
bodies (including SIFs) issued by resident
entities
- shares issued by non-resident entities
- bonds issued by non-resident entities
Long term receivables, gross amounts (lines 56
+ 57), of which:
- long term receivables in lei and expressed
in lei, whose settlement is performed based on
the exchange rate of a foreign currency (from
acc. 267)
- long term receivables in foreign currencies
(from acc. 267)
Trade receivables, advances paid to suppliers
and other similar accounts, gross amounts (acc.
4092 + 411 + 413 + 418), of which
-foreign trade receivables, advances paid to
suppliers and other similar accounts, gross
amounts (acc. 4092 + 411 + 413 + 418), of
which
Personnel receivables and similar accounts (acc.
425 + 4282)
Receivables related to the welfare and state
budgets (acc. 431 + 437 + 4382 + 441 + 4424 +
4428 + 444 + 445 + 446 + 447 + 4482),(line 62
to 66) of which:
- receivables related to social insurances
budged (acc. 431+437+4382)
- receivables related to state budget (acc.
441+4424+4428+444+446)
- grants receivable (acc.445)
- special funds - taxes and similar liabilities
(acc. 447)
- other receivables related to state budget
(acc.4482)
Receivables of the entity in relation to its
affiliated entities (acc. 451)
Other receivables (acc. 453 + 456 + 4582 + 461
+ 471 + 473)(line 69 to 70) of which:
- transaction with associates, shareholders amounts receivable related to capital,
transaction related to joint operations (acc.
453+456+4582)
- other receivables related to natural and
legal persons other than receivables relating
to public institutions (state institutions) (acc.
461+acc.471+acc.473)
Interest receivable (acc. 5187), of which:
- from non residents
Short term investments, gross amounts (acc.
501 + 505 + 506 + from acc. 508) (lines 74 to
80), of which:
- quoted shares issued by resident entities
- unquoted shares issued by resident entities
- social parts issued by residents
- liabilities issued by residents
- shares issued by collective placement
bodies (including SIFs) resident in Romania
- shares issued by non-resident entities
- liabilities issued by residents
48
49
50
51
17909272
17959905
52
53
54
55
7830
12429
56
7830
12429
57
30957583
55045814
58
59
302738
60
94804
522
61
367963
52770
62
0
63
304357
64
63606
52636
65
66
134
67
68
50686
165194
50686
165194
69
70
71
72
73
74
75
76
77
78
79
80
Other values receivable (acc. 5113 + 5114)
Cash at hand in lei and in foreign currencies
(lines 83 + 84), of which:
- in lei (acc. 5311)
- in foreign currencies (acc. 5314)
Bank accounts in lei and in foreign currencies
(lines 86 + 87), of which:
- in lei (acc. 5121)
- in foreign currencies (acc. 5124)
Other bank accounts in lei and in foreign
currencies (lines 89 + 90), of which:
- amounts pending settlement, L/Cs and
other values to be collected, in lei (acc. 5112
+ 5125 + 5411)
- amounts pending settlement and foreign
currency L/Cs (acc. 5125 + 5412)
Liabilities (lines 92 + 95 + 98 + 101 + 104 + 107
+ 110 + 113 + 116 + 119 + 122 + 123 + 126 +
128 + 129 + 134 + 135 + 136 + 141), of which:
Borrowings from the issuance of bonds, in gross
amounts (acc. 161)(lines 93 + 94), of which:
-in lei
- in foreign currencies
Accrued interest on debenture loans
(acc.1681)(lines 96+97), of which:
-in lei
- in foreign currencies
Short term domestic bank loans (acc. 5191 +
5192 + 5197), (lines 99 + 100), of which:
-in lei
- in foreign currencies
Short term domestic bank loans and interest
thereon (acc. 5198) (lines 102 + 103), of which:
-in lei
- in foreign currencies
Short term foreign bank loans (acc. 5193+ 5194
+ 5195) (lines 105 + 106), of which:
-in lei
- in foreign currencies
Short term foreign bank loans and interest
thereon (acc. 5198) (lines 108 + 109), of which:
-in lei
- in foreign currencies
Long term bank loans (acc. 1621 + 1622 + 1627)
(lines 111 + 112), of which:
-in lei
- in foreign currencies
Long term bank loans and interest thereon (acc.
1682) (lines 114 + 115), of which:
-in lei
- in foreign currencies
Long term foreign bank loans (acc. 1623 + 1624
+ 1625) (lines 117 + 118), of which:
-in lei
- in foreign currencies
Long term foreign bank loans and interest
thereon (acc. 1682) (lines 120 + 121), of which:
-in lei
- in foreign currencies
Loans from the state treasury (acc. 1626 + from
acc. 1682)
Other borrowings and interest thereon (acc. 166
+ 167 + 1685 + 1686 + 1687) (lines 124 + 125),
of which:
81
82
77500
65108
83
84
69974
7526
62877
2231
85
2415742
2428533
86
87
2406012
9730
2402165
26368
88
328540
507395
89
328540
507395
91
85897568
91971338
92
0
93
94
0
90
95
96
97
98
22457897
19180743
99
100
22457897
19180743
110
29645967
22815342
111
112
29645967
22815342
14038542
12534247
101
102
103
104
105
106
107
108
109
113
114
115
116
117
118
119
120
121
122
123
- in lei and expressed in lei, whose
settlement is performed based on the
exchange rate of a foreign currency
- in foreign currencies
Trade payables, advances received from clients
and other similar accounts, gross amounts (acc.
401 + 403 + 404 + 405 + 408 + 419)
- foreign trade payables, advances received
from foreign clients and other similar
accounts, gross amounts (from acc. 401 +
from acc. 403 + from acc. 404 +from acc.
405 + from acc. 408 + from acc. 419)
Personnel liabilities and similar accounts (acc.
421 + 423 + 424 + 426 + 427 + 4281)
Liabilities related to the welfare and state
budgets (acc. 431 + 437 + 4381 + 441 + 4423 +
4428 + 444 + 446 + 447 + 4481)(lines 130 to
133) of which:
- liabilities related to the welfare (acc.431 +
437 + 4381)
- debts and claims with the state budget
(acc.441 + 4423 + 444 + 446)
- special funds – Special funds - taxes and
similar liabilities (acc. 447)
- other liabilities related to state budgets
(acc. 4481)
Liabilities of the entity in relation to its affiliated
entities (acc. 451)
Amounts due to shareholders/associates (acc.
455)
Other liabilities (acc. 453 + 456 + 457 + 4581 +
462 + 472 + 473 + 269 + 509) line (137 to 140)
of which:
- transaction with associates, shareholders amounts receivable related to capital,
transaction related to joint operations (acc.
453+456+4581)
- other receivables related to natural and
legal persons other than receivables relating
to public institutions (state institutions) (acc.
462+acc.472+acc.473)
- grants not recognized as incomes (acc.
472)
- amounts payable in relation with financial
assets and short-term investments (acc. 269
+ 509)
Interest payable (acc. 5186)
Share capital issued and paid up (acc. 1012)(line
143 to 146), of which:
- quoted shares 2)
- unquoted shares 3)
- social parts
- share capital issued and paid up by nonresident entities (from acc. 1012)
Patents and licenses (from acc. 205)
IX. Information on collaborator
expenses
A
Collaborator expenses (acc. 621)
124
14038542
12534247
126
16963033
33444313
127
16963033
4985869
128
763812
962930
129
1964625
2955221
130
642181
739752
131
1322444
2189784
0
25685
135
3563
3563
136
60129
74979
137
20378
20378
138
39751
54601
142
65270887
65270887
143
144
145
65270887
65270887
125
132
133
134
139
140
141
146
147
Line
no.
B
30.06.2010
30.06.2011
1
2
148
Control amount F30 : 974360318 / 5218170836
*) For the capacity of “affiliated legal entities” please also take into account the provisions of art. 7 para (1)
point 21 of Law no. 571/2003
regarding the Fiscal Code, as subsequently amended and completed.
**) Fill in with expenses incurred in the research development activity, namely fundamental research,
applied research, technological development and innovation, established as per the provisions of
Government Ordinance no. 57/ 2002 regarding scientific research and technological development,
approved as amended and completed by Law no.324/ 2003, as subsequently amended and completed.
***) Innovation expenses are determined according to the Regulation (EC) no. 1450/ 2004 of the
Commission of 13.08.2004 for the implementation of Decision no. 1608/2003/EC of the European
Parliament and of the Council regarding the production and development of European statistics on
innovation, published in the Official Journal of the European Union series L no. 267/ 14.08.2004.
1) Grants related to the existing incomes in account 472 shall not be included in "Other receivables
related to natural and legal persons, other than receivables relating to public institutions (state
institutions)".
2) Securities conferring ownership of companies, which are not negotiable and tradable under the law.
3) Securities conferring ownership of companies, which are not traded.
Trustee,
First name and last name
CIURTIN PETRU RAUL
Prepared,
First name and last name:
RADOVICI ADRIAN
Acting as: 11 - Financial Manager
Signature: illegible
Signature: illegible
Unit seal: ALBALACT S.A.
Stamp: Validated form
Registration no. with the professional body: