Results of the company SPP – Distribution
In 2009 the company SPP – distribúcia, a.s. achieved sales revenues from services in the amount of € 393.15 million, which represents an increase of € 34.48 million against the previous year. The main source of sales revenues from products and services were revenues for the provision of distribution capacity.
Operating costs (excl. income tax) achieved an amount of € 251.61 million. They consisted mostly of costs of services, depreciation, personnel costs and costs of purchased natural gas. Operating costs increased by € 24.34 million against the year 2008. The significant increase of costs was reflected in depreciation and amortization, as well as costs of implementation of a more stringent standard of safety of household supplies.
For the fiscal year 2009 the company reported pre-tax profit in the amount of € 141.09 million, which is an increase of € 10.65 million against the previous year. Total tax liability on income tax amounted to € 32.58 million, of which tax payable represented € 34.10 million and deferred tax (current period) € – 1.52 million. After-tax profit shows an amount of € 108.51 million.
Structure of revenues and expenses in the years 2008 – 2009 (in mil. €)
| 2009 | 2008 | |
| Sales revenues from products and services |
393,15 |
358,67 |
| Operating costs |
- 251,61 |
- 227,27 |
| Pre-tax profit/loss on financial operations |
- 0,45 |
- 0,96 |
| Pre-tax profit |
141,09 |
130,44 |
| Income tax |
- 32,58 |
- 25,45 |
| After-tax profit |
108,51 |
104,99 |