February 19 (SeeNews) - Croatian telecoms equipment manufacturer Ericsson Nikola Tesla [ZSE:ERNT-R-A] said its consolidated net profit fell to 37.6 million kuna ($5.5 million/4.9 million euro) in 2014 from 144.4 million kuna a year earlier.
Operating profit decreased to 33.1 million kuna in 2014 from 127.239 million kuna a year earlier, Ericsson Nikola Tesla said in a bourse filing. Pre-tax profit stood at 37.6 million kuna, compared to 144.4 million kuna in 2013.
Ericsson Nikola Tesla's total revenue dropped to 401.4 million kuna in 2014 from 1.4 billion kuna in 2013.
The company's total assets stood at 699.6 million kuna at the end of 2014, compared to 1.048 billion kuna a year earlier.
According to latest available figures, Ericsson Nikola Tesla's share capital remained unchanged at 133.2 million kuna in 2014. Total liabilities amounted to 215.2 million kuna, compared to 227.9 million kuna in 2013.
Indicator |
2014 (in kuna) |
Y/Y Change |
(%) 2013 (in kuna) |
Net profit |
37.555 mln |
-73.98% |
144.355 mln |
Pre-tax profit |
37.560 mln |
-73.98% |
144.360 mln |
Operating profit |
33.093 mln |
-73.99% |
127.239 mln |
Total revenue |
401.439 mln |
-70.91% |
1.380 bln |
Total assets |
699.585 mln |
-33.25% |
1.048 bln |
Cash and cash equivalents |
186.963 mln |
-54.55% |
411.328 mln |
Share capital |
133.165 mln |
0.0% |
133.165 mln |
Total liabilities |
215.237 mln |
-5.55% |
227.894 mln |
(1 euro = 7.7133 Croatian kuna)