Revenues dipped 26% to 78.23 mln leva (39.9 mln euros). Net sales stood at 76.81 mln leva (39.27 mln euros), against 101.87 mln (52.08 mln euros) in 2006. Production sales came to 67.25 mln leva (34.38 mln euros), which is nearly 28 ml leva down from 2006.
Costs are 32% down y/y, from 105.79 mln to 72.17 mln leva (36.89 mln euros). Costs on economic elements stood at 67.56 mln leva, against 99.71 mln leva in 2006. This is mainly due to a decline in costs of materials, which shrunk from 83.18 mln to 38.02 mln leva.
The balanced value of assets rises 17.5% y/y to 92.7 mln leva (47.39 mln euros). Fixed assets grew by nearly 4 mln to 46.28 mln leva (23.662 mln euros). The company's buildings and facilities are valued at 6.97 mln and 15.3 mln leva respectively, up from 5.3 mln and 12.44 mln leva in 2006.
The value of current assets rose from 36.544 mln to 46.42 mln leva (23.73 mln euros), which is mainly due to a hike in materials supplies (from 6.42 mln to 24.04 mln leva).
Long term liabilities grew from 27.74 mln to 31.62 mln leva. Liabilities to affiliated companies stand at 19.41 mln leva and loans from banks and other non-financial institutions soar from 42.33 mln to 46.82 mln leva.
Zaharni Zavodi's core capital currently stands at 8.334 mln leva (4.261 mln euros).