February 18 (SeeNews) - Croatian hotel operator Plava Laguna [ZSE:PLAG-R-A] said it turned to a non-consolidated net loss of 48.4 million kuna ($7.1 million/6.3 million euro) in 2014 from a net profit of 109.3 million kuna a year earlier.
Plava Laguna posted an operating loss of 53 million kuna in 2014 versus an operating profit of 101.7 million kuna a year earlier, it said in a bourse filing.
The company reported a pre-tax loss of 48 million kuna in 2014, after posting a pre-tax profit of 110 millon kuna a year earlier.
Total revenue plunged to 21.3 million kuna from 506.6 million kuna in 2013.
Total assets amounted to 2.374 billion kuna in 2014, up from 676 million kuna in 2013. Cash and cash equivalents jumped to 4.96 million kuna from 1.9 million kuna in 2013.
According to latest available figures, Plava Laguna's share capital rose to 1.263 billion kuna from 1.181 billion kuna in 2013. Total liabilities amounted to 826 million kuna, compared to 61 million kuna in 2013.
|
2014 (in kuna) |
Y/Y Change (%) |
2013 (in kuna |
Net profit/loss |
-48.380 mln |
|
109.255 mln |
Pre-tax profit/loss |
-47.978 mln |
|
109.657 mln |
Operating profit/loss |
-53.038 mln |
|
101.682 mln |
Total revenue |
21.323 mln |
-95.79% |
506.576 mln |
Total assets |
2.374 bln |
251.18% |
676.143 mln |
Cash and cash equivalents |
4.960 mln |
161.95% |
1.894 mln |
Share capital |
1.263 bln |
6.94% |
1.181 bln |
Total liabilities |
826.387 mln |
1260.04% |
60.762 mln |
(1 euro = 7.7133 Croatian kuna)