Devnya Cement - Italcementi Group

Statement of Financial Position of Devnya Cement AD
	2010	2009		2010	2009
Non-current assets	310 007	293 526	Equity	331 297	318 073
Property, plant and equipment	160 607	155 348	Share capital	1 028	1 028
Intangible assets	854	357	Reservs	44 401	44 378
Financial and other assets	148 546	137 821	Retained earnings	285 868	272 667
Current assets	49 493	54 635	Liabilities	28 203	30 088
Inventories and work in progress	18 037	29 335	Overdrafts	123	0
Trade and other receivables	24 238	12 192	Trade payables	11 992	17 574
Cash and cash equivalents	7 218	13 108	Other liabilities	16 088	12 514
Total assets	359 500	348 161	Total equity and liabilities	359 500	348 161
(in thousands of levs)

Statement of Comprehensive Income of Devnya Cement AD
	2010	percentage	2009	percentage
Revenues	79 382	100.0%	143 985	100.0%
Gross operating profit	27 133	34.18%	34 018	23.63%
Operating profit	12 929	16.29%	19 295	13.40%
Profit before tax	14 650	18.46%	20 479	14.22%
Net profit	13 120	16.53%	18 367	12.76%

(in thousands of levs)

2010 Annual Report

Organization scheme
The organization sheme is valid as of 31 December 2010.