IMPACT DEVELOPER & CONTRACTOR S.A.
BVB TICKER: IMP
About the company
Impact Developer & Contractor SA is a joint stock business
company, operating in the field of developing complex Real Estate projects.
During
the 15 years of existence, the company has recorded numerous accomplishments:
16 residential ensembles, over 1700 houses built, over 100 distinctions
acquired, expansion on a national scale (Bucharest, Ploiesti, Constanta,
Oradea).
Along
these 15 years of activity, Impact has acted
towards the diversification of the types of services offered, choosing as focal
points two main directions: the supply of habitation solutions within
residential areas and the provision of office spaces, by the construction of
the Construdava Business Centre building. Concurrently the company has
initiated real estate development programs, concentrating on villas sold on
credit, addressed to the youth and middle class families.
To this
day, the main service categories provided by the company are the development of
complex real estate projects: housing ensembles, modern office buildings, as
well as spaces destined to retail or logistical platforms. Therewith, Impact Developer & Contractor SA provides private financing
and consulting solutions, for the contracting of properties found in the
company’s offer.
In
2005, the real estate development company Impact holded a share of 28.65% Bucharest’s market, as regards the
housing units under construction and a 9.26% market share, in relation to the
housing units accomplished. In proportion to the entire country, Impact’s market share is of 1.49% of the housing units under
construction and of 2.86% with regard to the housing units accomplished.
History
The
company was established in 1991, by public subscription. Seizing on the
evolution of the market at that time, the company initially dealt in the rental
and maintenance of deluxe villas located in the residential and central areas
of Bucharest.
In
1995, Impact Developer & Contractor introduced on the Romanian
market the “residential ensemble” concept, along with the grounding of the ALFA
ensemble.
Impact has been, since 1996, listed on the Bucharest Stock
Exchange.
The company was ISO certified in
2005: ISO 9001: 2000 and 2004: ISO 14001, the integrated management system
being re-acknowledged by an auditing survey in the 2006.
In
2006, the company’s shares were promoted into the first category of the stock
market, thus becoming the first representative of the real estate development
and building sector.
Major shareholders
|
Shareholder |
Shares |
Percent |
|
OTHER SHAREHOLDERS |
468,765,371 |
46.88% |
|
POPP IOAN DAN |
302,031,324 |
30.20% |
|
SANDULESCU CARMEN DANIELA |
113,184,432 |
11.32% |
|
JULIUS BAER INTERNATIONAL EQUITY
FUND |
59,449,499 |
5.94% |
|
EAST CAPITAL BALKAN FUND |
56,569,374 |
5.66% |
|
Total No. of Shares |
1,000,000,000 |
|
Nominal Value |
0.1000 |
|
Share Capital |
100,000,000.00 |
Annual financial information (Key financials)
|
|
2006(RON) |
2005(RON) |
2004(RON)* |
|
Fixed assets - Total |
58,424,798.00 |
51,591,702.00 |
56,485,711.70 |
|
Current assets - Total |
327,060,595.00 |
243,499,048.00 |
135,159,095.90 |
|
|
|
|
|
|
Debtors - due within one year |
54,181,015.00 |
57,357,580.00 |
53,230,999.50 |
|
Current assets/Net current liabilities |
261,734,804.00 |
173,776,448.00 |
70,466,344.30 |
|
Total assets less current liabilities |
320,159,602.00 |
225,368,150.00 |
126,952,056.00 |
|
Debtors - due after more than one year |
155,198,955.00 |
82,621,476.00 |
27,981,521.20 |
|
Revenues in advance |
11,833,254.00 |
13,122,486.00 |
11,733,476.10 |
|
|
|
|
|
|
Subscribed paid up capital |
100,000,000.00 |
79,652,822.00 |
50,308,659.30 |
|
Shareholders equity - Total |
163,492,395.00 |
142,746,674.00 |
98,970,534.80 |
|
|
|
|
|
|
Total receivables |
81,993,204.00 |
120,275,577.00 |
97,032,987.70 |
|
Total liabilities |
209,379,970.00 |
139,979,056.00 |
81,212,520.70 |
|
|
|
|
|
|
Net turnover |
115,847,217.00 |
126,624,636.00 |
108,809,663.20 |
|
|
|
|
|
|
Operating income - Total |
117,470,582.00 |
165,383,661.00 |
111,511,927.10 |
|
Operating expenses - Total |
98,249,419.00 |
154,340,409.00 |
93,452,677.00 |
|
Operating result |
19,221,163.00 |
11,043,252.00 |
18,059,250.10 |
|
|
|
|
|
|
Financial income - Total |
19,615,227.00 |
10,538,762.00 |
6,938,857.40 |
|
Financial expenses - Total |
14,590,545.00 |
8,481,813.00 |
2,355,123.90 |
|
Financial result |
5,024,682.00 |
2,056,949.00 |
4,583,733.50 |
|
Current result |
24,245,845.00 |
13,100,201.00 |
22,642,983.60 |
|
|
|
|
|
|
Extraordinary income |
0.00 |
0.00 |
0.00 |
|
Extraordinary expenses |
0.00 |
0.00 |
0.00 |
|
Extraordinary result |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Total revenues |
137,085,809.00 |
175,922,423.00 |
118,450,784.50 |
|
Total expenses |
112,839,964.00 |
162,822,222.00 |
95,807,800.90 |
|
|
|
|
|
|
Gross result |
24,245,845.00 |
13,100,201.00 |
22,642,983.60 |
|
Net result |
18,292,928.00 |
10,718,860.00 |
18,876,551.30 |
|
Result per share |
- |
- |
- |
|
|
|
|
|
|
Back payments - Total |
0.00 |
0.00 |
0.00 |
|
Back payments for suppliers - Total |
0.00 |
0.00 |
0.00 |
|
Back payments of liabilities to the social insurance budget
|
0.00 |
0.00 |
0.00 |
|
Taxes which are not paid to the State budget upon payment
date |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Average number of employees (only full time employees)
|
193 |
205 |
232 |
|
|
|
|
|