BSE - Company Profile

Company profile

Company profiles

Introduction

Trading data

Financials

Shareholders, management

Publications

Product features

FORRÁS Co.

Full name

FORRÁS Trust and Investment Company

Short name

FORRÁS Co.

Sector

Diversified Financials

Contact

1113 Budapest, Bartók Béla út 152.
Phone: +36-1-430-3620
Fax: +36-1-430-3629
Web: www.forras.hu

Investor relations

Dr. Hidasi Emese
E-mail: forras [kukac] forras [pont] hu
Phone: +36-1-430-3620
Fax: +36-1-430-3629

Auditor

Euroforsz Kft.

Business activity

The company s legal predecessor was founded by ÁPV Rt. in 1997. By way of a two-stage capital increase, ÁPV Rt. transferred 40 asset elements to the company, and designated the company as a company affected by the withdrawal of compensation notes, which meant that when the shares of Forrás Nyrt. were listed on the Exchange in 2003, they could be subscribed to in exchange for compensation notes. The main activities of the company are: asset management, real estate management and utilisation, management of bank deposits and securities listed on the stock exchange, supervision of environmental protection and damage prevention projects as well as business consultancy. During the public purchase bid of ARAGO Befektetési Holding and by acquiring a share in Bartolus-Invest, it has increased the extent of its control to 87.96%.

Listed securities of the issuer

Name	Ticker	ISIN
Forrás "A" share	FORRAS/T	HU0000066071
Forrás "B" share	FORRAS/OE	HU0000066394

Forrás "A" share

Basic information

Ticker	FORRAS/T
ISIN	HU0000066071
Date of listing	15 Aug 2003
Face value	1,000 HUF
Number of securities listed	5,000,000
Market capitalisation (HUF million)	2,250

Link to the issuer's website

Trading data

Currency of trade	HUF
Last price	450
Relative change in price	N/A
Absolute change in price
Number of shares in last trade
Bid-ask price	/
Bid-ask volume	/
Last closing price (date / price)	21 May 2013 / 450
Opening price
Average price
Daily maximum
Daily minimum
Annual highest	550
Annual lowest	354
Total daily turnover (number)
Total daily turnover in HUF
Number of trades

Period	Total daily turnover in HUF	Average price
5-day	70,681	445.9338
30-day	54,948	443.4883
180-day	115,404	409.4701

Liquidity measure	30-day average
Bid-ask spread	10.5 %
BLM (EUR 20,000)	51.52 %
BLM (EUR 100,000)	57.9 %

Main corporate events

Date of AGM	29 Apr 2013

Derivative instruments:

FORRÁS Co.

Key annual data

Audited, consolidated, in compliance with IFRS (Business Year: January 1 - December 31)

	2011	2012
	(thousand HUF)	(thousand HUF)
Total revenues	7,425,000	11,603,968
Operating profit (EBIT)	1,661,105	2,290,094
Net income from financial activities	1,412,000	429,356
Profit before tax	3,073,000	2,719,450
Profit after tax	3,007,000	2,526,118
Dividend per (ordinary) share	N/A	0.00 HUF
Fixed assets	17,408,000	26,655,607
Total liabilities	12,390,000	11,127,413
Share capital	9,000,000	9,000,001
Shareholders' equity	27,521,000	31,557,687
Total assets	39,911,000	42,685,100
Number of employees (at business year end)	600	734

Selected financial ratios

Ratios are based on data submitted by the company

	2011	2012
Equity ratio	0.45	0.35
Return on assets (ROA)	0.10	0.08
Return on equity (ROE)	0.07	0.05

Download in Excel format

Mid-year reports

Non-audited, non-consolidated, in compliance with HAS (Business Year: January 1 - December 31)

Key P&L Figures	Jan 2012 - Mar 2012	Jan 2013 - Mar 2013
	(million HUF)	(thousand HUF)
Net sales	23,142	26,920
Operating profit (EBIT)	-26,976	-22,666
Net income from financial activities	-375,071	14,566
Profit before tax	-402,047	-8,100
Profit after tax	-512,403	-8,124
Key Balance Sheet Items	31 Mar 2012	31 Mar 2013
	(million HUF)	(thousand HUF)
Fixed assets	17,955,816	15,367,734
Intangible assets	121	69
Tangible assets	682,952	646,284
Invested financial assets	17,272,743	14,721,381
Current assets	3,634,954	5,550,880
Inventory	3,612	190
Total assets	21,640,823	20,983,556
Shareholders' equity	21,170,050	20,279,362
Share capital	9,000,001	9,000,001
Long-term liabilities	0	0
Short-term liabilities	467,986	701,559
Total liabilities and shareholders' equity	21,640,823	20,983,556

Forrás "A" share

Shareholders exceeding 5% stake

Name	Shareholding (%)	Number of shares
Arago Befektetési Holding Zrt.	87.94	4,396,947

Free Float

12.06%

Last update: 28 Feb 2013

Note: When determining the Free Float for a particular series, all the securities of the company shall be regarded to be publicly held other than (i) the stock of securities held by holders with direct holdings of at least 5% of the total number of securities, (ii) securities in the possession of custodians, provided the certificate available to the custodian verifies that the particular person holds at least 5% of the total number of securities outstanding.

Management

Management Board	dr. HIDASI Emese (chairman), BÓCSAI Betta Bernadett, ZSIGMONDI Panna, SÁNTHA Gergely
Management	dr. HIDASI Emese (CEO)
Supervisory Board	GRÁNISZ János (chairman), SASINSZKI Ágnes, dr. FELFÖLDI Nóra, dr. KISS Veronika, KISS-FORGÁCS Éva Mária, dr. SZŐLLŐSI Júlia

Last update: 30 Apr 2013

FORRÁS Co.

Note: Publications of this issuer are available in Hungarian only.

17 May 2013 17:16	FORRÁS nyRt. - Időközi vezetőségi beszámoló
Publication	News
17 May 2013 17:10	FORRÁS nyRt. - Összefoglaló jelentés
02 May 2013 11:13	FORRÁS nyRt. - Alaptőke nagysága és szavazati jogok száma 2013.04.30-án
29 Apr 2013 16:48	FORRÁS nyRt. - FT jelentés
29 Apr 2013 16:46	FORRÁS nyRt. - Éves jelentés

29 Apr 2013 16:46	FORRÁS nyRt. - Éves jelentés
Publication	Report
17 May 2013 17:16	FORRÁS nyRt. - Időközi vezetőségi beszámoló
29 Apr 2013 16:48	FORRÁS nyRt. - FT jelentés

24 Jul 2012 16:13	Cégbíróság által bejegyzett alapszabály-módosítás
Publication	Articles of Association

Further publications by the issuerSearch in news

Forrás "A" share

Name of security	Forrás "A" share
Issuer	FORRÁS Trust and Investment Company
Equity class	Ordinary share
Type of security	Registered
Form of security	Dematerialised
Code of security (ISIN)	HU0000066071
Ticker symbol	FORRAS/T
Face value	1,000 HUF
Number of securities listed	5,000,000
Rights to dividends	Full year
Listing date	15 Aug 2003
First trading day	15 Aug 2003
Exchange category	B
Trading unit
Currency of trading	HUF
Tick	1
Trading time

Derivative instruments:

Select other issuer:

Download product list