Investment and interest earnings of form Chimimport

Chimimport Corp. reported 46.5 million euro profit in the first half of 2009, as annual growth was 7 percent, the report shows the company released by BSE. Annual growth for the second quarter of 2009 was 3.7 percent to 28.2 million leva
Profit is formed mainly by income from investment operations, which are for 36 million euro in half as they were during the comparable period in 2008 another big feather in the company’s revenue is net interest income by 11.2 million . BGN half to 8.45 million leva for the comparable period of 2008
Substantial share in the revenue and sales are under „Other“, which are for 4.8 million leva in the first half of 2009 There are no income from dividends.
Half of 2009 cash flow positive company with 206 million euro, mainly due to the received EUR 199 million from the issuance of preferred shares, which began trading in Monday, August 3.
The balance sheet shows the company’s equity by EUR 784 million to June 30, 2009, standing against 239.6 million shares, of which 89.6 million shares are preferred and are due an annual dividend of 9 percent or Senior 19.98 / share. The annual dividend payment will be EUR 17.9 million
At the end of June, the company has netekushti liabilities of EUR 344.6 million and current liabilities of EUR 143 million Total liabilities to financial institutions for 2.9 million leva affiliated companies are 322 million leva
Directly or indirectly owns Chimimport AD IRJSC Armeec AD CB CCB Plc pension companies CCB Power and Lukoil Garant, Parahodstvo BRP, exploration and extraction of oil and gas, St. Constantine and Elena Holding AD, Hemus Air and Bulgaria and others.
For the past 3 months its shares become cheaper by 8.7% to 2.1 shares for EUR 315 million leva and capitalization of ordinary shares.

––––––––––––––––– ––––––––––

Finance