BERMAS S.A.


BVB TICKER:  BRM

Address:  SUCEAVA, jud. SUCEAVA, Platforma Industriala Scheia, str. Humorului nr. 61

Phone: +40 230526545

Date: 25.07.2007 


About the company

Bermas SA is a Romanian company which main activity is production and marketing of beer, of malt and other alcoholic and non-alcoholic drinks and also derivative products which result from production process.

The production process is distributed in four sectors:

-  malt sector (malt production for the enterprise use which also can be sold to others beer producers);

-  boiling sector;

-  fermentation;

-  bottling.

History

The company was established in 1974 as a branch of “Entreprise for alcohol, beer and starch Radauti” with an initial capacity of 200.000 hl per year.  

In 1981, launched a new section for producing malt with a capacity of 11.000 tons per year.

In 1991 by acquisition of section beer and malt Suceava within EABS Radauti was established the “Entreprise for beer and malt Suceava”. Starting with 1991 the enterprise changed the name to “Bermas” and also became a share capital company.

Starting trade date on Bucharest Stock Exchange was 16.04.1998.

Major shareholders

Shareholder

Shares

Percent

OTHER SHAREHOLDERS

7,533,001

43.30%

ASOCIATIA VICTORIA BERMAS

5,370,345

30.87%

PAS BERMAS

3,618,919

20.80%

S.I.F. BANAT-CRISANA

875,472

5.03%

 

Total No. of Shares

17,397,737

Nominal Value

0.7000

Share Capital

12,178,415.90

 
Annual financial information (Key financials)

 

2006(RON)

2005(RON)

2004(RON)*

 Fixed assets - Total  

  12,289,896.00

  13,617,769.00

  12,210,384.20

 Current assets - Total  

  10,760,642.00

  8,786,136.00

  9,441,270.00

 

 

 

 

 Debtors - due within one year  

  2,671,600.00

  3,546,763.00

  5,371,183.30

 Current assets/Net current liabilities  

  8,089,198.00

  5,293,709.00

  4,120,031.20

 Total assets less current liabilities  

  20,379,094.00

  18,911,478.00

  16,330,415.40

 Debtors - due after more than one year  

  0.00

  995,188.00

  238,124.00

 Revenues in advance  

  0.00

  0.00

  0.00

 

 

 

 

 Subscribed paid up capital  

  12,178,416.00

  10,773,974.00

  8,904,111.30

 Shareholders equity - Total  

  20,336,731.00

  17,916,290.00

  16,092,291.40

 

 

 

 

 Total receivables  

  1,610,608.00

  955,710.00

  813,826.50

 Total liabilities  

  2,671,600.00

  4,541,951.00

  5,609,307.30

 

 

 

 

 Net turnover  

  25,823,769.00

  31,780,303.00

  36,176,269.30

 

 

 

 

 Operating income - Total  

  29,200,206.00

  36,693,953.00

  41,597,988.00

 Operating expenses - Total  

  23,795,568.00

  31,915,794.00

  36,417,989.80

 Operating result  

  5,404,638.00

  4,778,159.00

  5,179,998.20

 

 

 

 

 Financial income - Total  

  241,323.00

  77,225.00

  77,514.10

 Financial expenses - Total  

  365,067.00

  668,281.00

  796,407.20

 Financial result  

  -123,744.00

  -591,056.00

  -718,893.10

 Current result  

  5,280,894.00

  4,187,103.00

  4,461,105.10

 

 

 

 

 Extraordinary income  

  0.00

  0.00

  0.00

 Extraordinary expenses  

  0.00

  0.00

  0.00

 Extraordinary result  

  0.00

  0.00

  0.00

 

 

 

 

 Total revenues  

  29,441,529.00

  36,771,178.00

  41,675,502.10

 Total expenses  

  24,160,635.00

  32,584,075.00

  37,214,397.00

 

 

 

 

 Gross result  

  5,280,894.00

  4,187,103.00

  4,461,105.10

 Net result  

  4,487,877.00

  3,566,316.00

  3,375,118.00

 Result per share  

  -

  -

  -

 

 

 

 

 Back payments - Total  

  0.00

  0.00

  0.00

 Back payments for suppliers - Total  

  0.00

  0.00

  0.00

 Back payments of liabilities to the social insurance budget  

  0.00

  0.00

  0.00

 Taxes which are not paid to the State budget upon payment date  

  0.00

  0.00

  0.00

 

 

 

 

 Average number of employees (only full time employees)  

  296

  304

  315