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Croatia's Maraska non-cons net loss widens 63% in 2014

Author Martin Raynov
Croatia's Maraska non-cons net loss widens 63% in 2014

ZAGREB (Croatia), February 18 (SeeNews) - Croatian beverages producer Maraska said its net loss widened to 2.419 million kuna ($355,900/313,600 euro) in 2014 from 1.487 million kuna a year earlier.

Maraska turned to an operating loss of 97,159 kuna in 2014 from an operating profit of 5.537 millon kuna in 2013, it said in a bourse filing. Pre-tax loss increased to 2.419 million kuna from 1.487 million kuna in 2013.

The company's total revenue fell to 32.792 million kuna in 2014 from 140.878 million kuna in 2013.

Total assets decreased to 234.837 million kuna from 249.660 million kuna in 2013 while cash and cash equivalents fell to 241,111 kuna from 392,755 kuna.

Maraska's share capital remained unchanged at 69.918 million kuna last year. Total liabilities increased to 193.495 million kuna from 182.003 million kuna in 2013.

  2014 (in kuna) Y/Y Change (%) 2013 (in kuna)
Net profit/loss -2.419 mln 62.66% -1.487 mln
Pre-tax profit/loss -2.419 mln 62.66% -1.487 mln
Operating profit/loss -97,159   5.537 mln
Total revenue 32.792 mln -76.72% 140.878 mln
Total assets 234.837 mln -5.94% 249.660 mln
Cash and cash equivalents 241,111 -38.61% 392,755
Share capital 69.918 mln 0.0% 69.918 mln
Total liabilities 193.495 mln 6.31% 182.003 mln

(1 euro = 7.7133 Croatian kuna)

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