Bucharest
Although the turnover of Holcim (Romania) increased by 28% in 2007 as compared to 2006, the gross profit (before tax) of the company decreased by 33%. The decrease of the profit before tax was due to the higher increase of operational costs than net sales, on one hand, and, on the other hand, by the excessive depreciation of local currency against the euro towards the end of 2007, which generated a financial loss (due to different exchange rates applied for the debts expressed in euro). In addition, in 2006 the registered financial profit was also generated by the higher appreciation of local currency against the euro.
| Type of financial situation | 2006 | 2007 |
| Balance Sheet Indicators | lei | lei |
| < TD>Fixed assests - Total | 860,678,446 | 1,445,955,431 |
| Current assets -Total, out of which | 146,141,657 | 207,630,425 |
| Stocks (materials, ongoing production, half-finished products, finite products, goods, etc) | 63,894,749 | 120,539,581 |
| Cash and bank accounts | 1,491,851 | 256,861 |
| Account receivables | 79,277,097 | 86,833,983 |
| < EN-Administration SPAN mso-fareast-font-family: FONT-FAMILY: black; COLOR: 11pt; FONT-SIZE:>Equity - Total, out of which | - | - |
| Public Equity | - | - |
| Provisions for risks and expenses | 39,064,867 | 46,044,157 |
| Debts Total | 446,815,120 | 836,638,329 |
| Profit and Loss Indicators | ||
| Turnover | 774,723,654 | 989,998,690 |
| Total revenue | 876,154,828 | 1,034,609,637 |
| Total expenditures | 668,827,774 | 895,703,995 |
| Gross profit of the financial period | 207,327,054 | 138,905,642 |
| Gross loss of the financial period | - | - |
| Net profit of the financial period | 174,943,055 | 114,553,963 |
| Net loss of the financial period | - | - |