The Property Fund /FP/ posted a 9-month net profit of 424.8 million lei, up some 40% versus the similar period in 2007, the general manager of FP Dana Lulache told a November 12 press conference.
The gross profit stood at 432.2 million lei, and FP paid a profit tax of 7.5 million lei.
The turnover stood at 458.6 million lei, out of which the revenues from dividends stood at 382,7 million lei, the revenues from interest rates – 49.4 million lei, the revenues from differences of exchange rate – 23.9 million lei, and other revenues – 2.6 million lei.
The current expenditures amounted to 26.3 million lei.
The own capital of FP stood at 14.791bn lei on 30 September and the total assets stood at 14.807bn lei.
FP was set up in 2005 as solution to compensate the owners whose assets were confiscated but the communist regime and which can no longer be returned in kind.
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