Annual Report 2015

8. Financial income and expenses

 

Dividends received

2015

2014

From Group companies

25,700,000.00

165,000,000.00

From others

88,047.50

88,047.50

Total

25,788,047.50

165,088,047.50

     

Other interest and financial income

   

From Group companies

3,844,841.07

2,347,203.68

Gains from currency exchange

4,118,201.36

17,207,842.23

Other interest income from others

6,509,795.97

5,957,951.64

Other financial income from others

1,301,689.18

1,514,006.65

Total

15,774,527.58

27,027,004.20

     

Total financial income

41,562,575.08

192,115,051.70

     

Interest and other financial expenses

   

To Group companies

538,210.78

1,574,955.40

Losses on currency exchange

6,309,931.01

24,341,983.09

Other interest expenses to others

12,537,124.23

14,673,236.59

Other financial expenses to others

3,493,761.31

2,177,978.56

Total

22,879,027.33

42,768,153.64

     

Impairment losses on non-current assets

   

Impairment losses on group interests/receivables on Group companies

92,736,279.13

26,353,057.69

Impairment losses on group interests/receivables on associated companies

80,000.00

 

Impairment losses on other shares and receivables

3,279,469.03

 

Impairment loss reversals on group interests/receivables on Group companies

-9,406,548.68

 

Impairment loss reversals on other financial securities

-3,708.63

-53,770,336.58

Total

86,685,490.85

-27,417,278.89

     

Total financial expenses

109,564,518.18

15,350,874.75

     

Total financial income and expenses

-68,001,943.10

176,764,176.95

     

Financial income and expenses including gains and losses on currency exchange (net)

-2,191,729.65

-7,134,140.86

     
     

9. Extraordinary items

 

 

2015

2014

Group contributions received

111,700,000.00

66,800,000.00

Group contributions distributed

0.00

-12,900,000.00

Total

111,700,000.00

53,900,000.00

     
     

10. Income tax

 

 

2015

2014

Income tax on extraordinary items

22,340,000.00

10,780,000.00

Income tax on business activities

-8,284,600.39

-10,753,068.38

Income tax from previous years

-15,602.83

7,569.41

Change in deferred tax assets

-7,425,858.99

42,343.40

Total

6,613,937.79

76,844.43