Loading ...“Preliminary net profit on the first 9 months of 2009 stood at 655 million lei and full-year net profit is estimated at 690 million lei, 48 percent higher than in 2008, despite this one was a good year, with economic growth”, said Dana Lulache.
At the end of September 2009, FP had liquidities in the amount of some 2.1 billion lei, of which 2.03 billion in bank deposits and government securities. FP derived revenues from 9-month deposits accounted for 95 million lei.
“A significant contribution to this net profit was brought by the FP participations sale in CEZ Distribution, CEZ Sales and CEZ Services, in the value of 546.7 million lei. CEZ Services sale price stood at 1.6 million euros, namely eight times higher than the investment in 2006, with a gross gain of 1.4 million euros”, underlined FP director general.
According to FP site information, on Aug. 13, the Fund’s shareholders were the Ministry of Public Finance (65.09 percent of FP share capital), other corporate entities (7.52 percent). Individual shareholders, in the number of 2,543, hold 27.38 percent of FP share capital.
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