HOLDING KOMPANIJA ZA FINANSIJSKI INZENJERING, TRGOVINU I

USLUGE FOND INEX INTEREXPORT AD BEOGRAD, BEOGRAD

GENERAL INFORMATION
Basic company data
Full legal name :
HOLDING KOMPANIJA ZA FINANSIJSKI INZENJERING,
TRGOVINU I USLUGE FOND INEX INTEREXPORT AD BEOGRAD
Identification number: 07908067
Full address : No. 1 Kraljice Marije Street
Foundation year : 1948
Director : Zoran Vasiljevic
Contact person : Zoran Vasiljevic
Number of employees : 5
Phone number : 011/2836-811
Fax number : 011/2836-811
E-mail address : fondinex@beotel.rs
Quality assurance certificate ISO 9001
Company owns qual i ty assurance certi fi cate ISO 9001.
Ecology
Accordi ng to appl i cabl e regul ati ons, the requi rements for envi ronment protecti on are ful fi l l ed.
Distance from the company (km) to :
Distance from Distance (km)
Belgrade 0
Regional Center 0
Main road 2
Port 5
Railway 5
Capital structure (in %)
Capital structure
% of share in
the total capital
Socially-owned 99.98
Share capital 0.02
Associated legal entities :
Share of other legal entities in company's equity Share of the companyin other legal entities' equity
Companyname
Identification
number
Form of
association
% of share
in total
capital
Companyname
Identification
number
Form of
association
% of share
in total
capital
INEKS LLC Belgrade 17156195 Founder 100.00
INEKS TRADE Belgrade 17156179 Founder 100.00
INEKS FILM Belgrade 17156187 Founder 100.00
INEX AD in bankruptcy 06719635 Founder 4.00
SKI CENTAR Brezovica 20422645 Founder 85.00
Main equipment
Name Type and purpose Estimated state
Year of
production
Purchase value
(in 000 RSD)
Amortized
value
(in 000 RSD)
Current value
(in 000 RSD)
2 cars 2005 1,650,000 1,650,000 0
LAND AND BUILDINGS
Land
Name of land
Cadastre
lot
Building
no.
Usage mode
and cadastre
class
Surface
(m)
Type of land Type of right
Type of
ownership
Share
volume
Encumbrance
Encumbrance
entrydate
Sutomore 2396 405.00 ownership 1/1
Belgrade ,Rajiceva 12 1909 12
Land under
building and
other building
267.00
urban
construction
land
the right to use state RS 1/1
Belgrade, Francuska 12 1579 12
Land under
building and
other building
98.00
urban
construction
land
the right to use state RS 1/1
Belgrade, Trg republike
5
2273 5
Land under
building and
other building
1,672.00
urban
construction
land
the right to use state RS ZS
Cajetina 16
under building
and adjacent to
building
877.00
urban
construction
land
holder state 1/1 04.10.2010
Zlatibor 4577
under building
and adjacent to
building
3,408.00
urban
construction
land
holder state 1/1 04.10.2010
Dimitrovgrad, Gradina 2620
under building
and adjacent to
building
2,395.00
construction
land
ownership social 1/1
Sombor, Baki Breg 1441
Under building,
barren, woods
2,334.00 woods ownership social 1/1
Meroina, Aleksandrovo 79.8
under building
and adjacent to
building
4,503.00 agricultural
ownership
Konus
social 1/1
Negotin, Mokranje 648
Land under
building and
other building
256.00 other
Buildings
Name of building
Cadastre
lot
Building
no.
Usage mode
and cadastre
class
Surface
(m)
Land
surface
under
building
(m)
Type of
land
Type of
right
Type of
ownership
Share
volume
Encumbrance
Encumbrance
entrydate
Sutomore, Zlatna obala 2396
Zlatna
obala
garage 405.00 405.00 garage
the right
to use
1/1
Belgrade, Rajiceva 1909 12
Apartment
business
building
782.74 267.00
residential
and
commercial
building
1/1
Belgrade,Francuska 1579 12
Commercial
building
273.29 98.00
residential
and
commercial
building
1/1
Belgrade, Trg republike 2273 5
Building of
business
services
1,648.38 1,672.00
residential
and
commercial
building
1/1
Belgrade, Sremska 2
Temporary
building
51.25 1/1
Belgrade, Treci bulevar 3480 98
Business
premises on the
ground floor
210.30 commercial 1/1
Belgrade, Beogradska 413 10
Business
premises on the
ground floor
72.00 commercial 1/1
Novi Sad, Fruskogorska 3807/5 14
Business
premises on the
ground floor
165.59 commercial 1/1
Cajetina 16
Unknown
purpose of the
building
310.00 300.09 commercial 1/1 19.04.2010
Zlatibor 4577 Two villas 240.00 128.00 commercial 1/1 19.04.2010
Kraljevo, Vojvode Putnika 14
Business
premises in the
building
38.00 commercial 1/1
Valjevo, Vojvode Misica 919 6
Business
premises in the
building
22.60 commercial 1/1
Dimitrovgrad, Gradina 2620 free shop 668.00 668.00 free shop 1/1
Apatin, Miloa Obilica 2306 5 premises 39.00 shop 1/1
Nis, Svetozara
Markovica
1 premises no 7 34.71 shop 1/1
Merosina, Aleksandrovo 79, 80 warehouse 696.00 4,500.00 warehouse 1/1
Sombor,Backi Breg 1441
Business
building without
purpose
161.00 100.61 commercial 1/1
Negotin, Mokranje 6498 free shop 86.40 42.00 free shop 1/1
Cross border Djeneral
Jankovic
331 free shop 76.00 64.00 free shop 1/1
Subotica, Horgos 3472 free shop 106.00 300.14 free shop 1/1
Ni, Trg Pobede 109 premises 145.44 commercial 1/1
Nis, Kalca 99D premises 48.00 1/1



SUPPLY
Liability structure
Creditor
Debt (in 000
RSD)
Commercial creditors 381,976
Commercial banks 0
Banks in banktrupcy 0
Development Fund 0
Public utility companies 2,371
Local utility companies 12,266
Other state creditors 0
Liabilities to employees 0
Tax liabilities relating to employees 0
Contributions 0
Other tax liabilities 152,842
Other liabilities 2,881
TOTAL : 552,336
PRODUCTION AND CAPACITY
Realized production of the main products (in quantity and value)
Quantity Value in 000 RSD
Product/service Unit 2011 2012 2012 2011 2012 2013
REALIZATION
Movement in sales volume

Quantitysold Value in 000 RSD
Product/service Unit 2011 2012 2013 2011 2012 2013
TOTAL :


Sales structure
Sales structure in % 2011 2012 2013
Domestic market 100.00 100.00 100.00
Foreign market 0.00 0.00 0.00
TOTAL : 100.00 100.00 100.00
Distribution channels
Distribution channels % of share
Direct sale 100.00
Wholesale 0.00
Retail 0.00
Intermediaries 0.00
ORGANIZATION, MANAGEMENT AND EMPLOYMENT
Organization scheme
Number of employees
Working 5
Paid leave 0
Unpaid leave 0
Other (sick leave, vacation,
etc.)
0
Total number of
employees
5
Age structure of employees
Age -25 25-35 35-40 40-45 45-50 50-55 55+
Number 0 0 0 0 2 1 2
Average salaries (gross and net) in 2011, 2012 and 2013
Year Gross Net
2011 92,415.00 64,783.00
2012 92,976.00 66,011.00
2013 98,828.00 71,514.00
SWOT ANALYSYS
Strengths:
This Company has significant real property in the Republic of Serbia, suitable for
conducting trade
Opportunities:
Weakness:
Threats:
FINANCIAL INDICATORS
BALANCE SHEET (in RSD 000)
31/12/2011 31/12/2012 31/12/2013
Cash and cash equivalents 49 39 36
Short-term operating receivables 2,622 2,341 10,326
Receivables from overpaid income tax 0 0 0
Short-term financial investments 0 18 837
Inventories 2 2 2
Non-current assets intended for sale and assets related to discontinued operations 0 0 0
VAT and accrued revenues 4,585 4,578 0
Deffered tax assets 0 0 0
Current assets 7,257 6,977 11,201
Subscribed capital unpaid 0 0 0
Goodwill 0 0 0
Intangible assets 0 0 0
Fixed assets 8,572 7,815 3,779
Long-term investments 13,380 12,312 12,213
Non-current assets 21,952 20,127 15,992
Loss above equity 0 0 0
TOTAL ASSETS 29,209 27,104 27,194
Off-balance sheet assets 0 0 0
Suppliers (Accounts payable) 924 706 3,449
Short-term finacial liabilities 4,124 4,122 11
Liabilities from VAT and other public revenues 550 396 318
Liabilities based on assets intended for sale and assets related to suspended operations 0 0 0
Other short-term liabilities and accrued costs 402 517 25
Profit tax liabilities 62 57 1,015
Total short-term liabilities 6,061 5,798 4,818
Long-term borrowings 0 0 0
Deffered tax liabilities 0 0 0
Other long-term liabilities 0 0 0
Total long-term liabilities 0 0 0
Long-term provisions 0 0 0
Total long-term provisions and liabilities 6,061 5,798 4,818
Initial and other capital 17,235 15,859 15,731
Subscribed capital unpaid 0 0 0
Reserves 13 12 12
Revaluation reserves 18 17 17
Unrealized gains based on securities 0 0 0
Unrealized losses based on securities 0 0 0
Retained earnings 9,206 8,477 9,650
Loss 3,325 3,060 3,035
Treasury shares 0 0 0
Total equity 23,148 21,305 22,376
TOTAL EQUITY AND LIABILITIES 29,209 27,104 27,194
Off-balance sheet liabilities 0 0 0
INCOME STATEMENT (in RSD 000)

2011 2012 2013
Sales revenue 0 0 0
Revenues from the use of own products and services 0 0 0
Increase of value of effects on stock 0 0 0
Decrease of value of effects on stock 0 0 0
Other operating expenses 300 195 193
OPERATING INCOME 300 195 193
Cost of goods sold 0 0 0
Costs of materials 46 31 27
Wages, salaries and other personal indemnities 373 335 314
Depreciation costs 80 72 72
Other operating expenses 236 255 199
OPERATING EXPENSES 735 692 612
OPERATING PROFIT/OPERATING LOSS -435 -497 -419
Financial incomes 292 228 690
Financial expenses 2 3 2,392
Other incomes 810 388 7,121
Other expenses 637 110 2,770
PROFIT/LOSS FROM REGULAR BUSINESS OPERATIONS BEFORE TAXATION 28 5 2,230
NET PROFIT SUSPENDED 0 0 0
NET LOSS SUSPENDED 0 0 0
PROFIT/LOSS BEFORE TAXATION 28 5 2,230
Tax expenses for the period 0 0 972
Deffered tax expenses for the period 0 0 0
Deffered tax income for the period 0 0 0
Personal earnings paid to employer 0 0 0
NET PROFIT/NET LOSS 28 5 1,259
NET INCOME ATTRIBUTABLE TO THE MINORITY SHAREHOLDERS 0 0 0
NET INCOME ATTRIBUTABLE TO THE OWNERS OF THE PARENT LEGAL
ENTITY
0 0 0
INCOME PER SHARE

Basic earnings per share 0 0 0
Decreased (diluted) earnings per share 0 0 0
A) Information contain in this document is based on the data recieved from the company, and as such
has not been veryfied bythe Privatization Agency. Accordingly, the Privatization Agencyshall have no
liabilitywith respect to the accuracyand validityof the information contained herein.
B) Pursuant to the law, enterprises from the Republic of Serbia were obliged as of 2004 to prepare
Financial Statements in accordance with the International Standards of Financial Reports (ISFR).
C) For the indicated periods, commercial exchange rate has deviated from the official exchange rate.
Commercial exchange rates used for calculating the above stated financial statements were as follows :
Income Statement was calculated byusing the median annual exchange rate.
2013: 1EUR=113.1369 RSD; 2012: 1 EUR=113.0415 RSD; 2011: 1 EUR=101.95 RSD.
Balance Sheet was calculated byusing the exchange rate valid on 31. december of the indicated year.
2013: 1 EUR=114.6421 RSD; 2012: 1 EUR=113.7183 RSD; 2011: 1 EUR=104.6409 RSD.