Consolidated operating expenses in the first six months of 2024 increased by 24% or RON 6.2 mn compared to H1 2023 up to the value of RON 31.76 mn, base effect of the inflation increase with impact on the level of costs, but also as a result of the expenses related to the ongoing approved projects at Group level, the most important being the implementation of the Central Counterparty and the relocation of the headquarters.
Positive evolution on the other business segments, also: market data revenues increased by 27% vs. H1 2023 up to RON 2.46 mn, influenced by higher number of end users and data clients and the new tariff plan valid applied starting January 1st , 2024, while issuers maintaining fees revenues are up 15% vs previous period, reaching RON 2.78 mn, mainly due to the issuers maintaining tariffs inflation rate indexation (+ 10.4%).
Total assets as of June 30, 2024, increased by 7% or RON10.43 million compared to December 2023 reaching the value of RON155.63 million.
Fixed assets of RON116.15 million, 7% or RON7.80 million increase compared to the end of 2023 determined by: – assets and improvements works acquisitions made for the operational set-up of BVB new headquarters, – BVB’s participation with a cash contribution of RON2.48 million to the share capital increase of RON3.64 million carried out by CCP. RO – Higher balance of long-term financial assets, represented by investments in government securities, acquired during the 1st quarter.
Current assets increased by 7% compared to the beginning of the year up to the value of RO 39.47 million, influenced by the increase in cash and deposits. Total liabilities amount RON32.28 million, 85% or RON14.85 million increase, mainly based on the recognition of cash dividends due, distributed from the net profit of the year 2023 and approved by the AGM on April 24, 2024, in amount of RON 12.52 million, to be paid in August 2024.
Equity decreased by 3% compared to December 31, 2023, reaching the value of RON123.35 million, influenced by the level of current result recorded in 2024, by the Share Allocation Plan (SOP) estimates, by the buy-back program in progress, as well as the partial distribution of the 2023 result for cash dividends.
(English version by Catalina Apostoiu)