Alkaloid AD – Annual report 2011

176 Pages·2012·19.15 MB·English

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Key Financial Indicators 7
Highlights 2011 8
Organizational Chart 10
Supervisory Board 12
Management Board 16
Corporate Information 20
PC Pharmaceuticals 64
PC Chemistry, Cosmetics and Botanicals 94
Finances and Shareholding 112
Consolidated Financial Report 120
Contacts / Subsidiaries 168
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Alkaloid AD SKOPJE /ANNUAL REPORT 2011
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KEY FINANCIAL INDICATORS

(In 000 MKD)
Amount Amount Index
2011 2010 11/10

Total Revenues 7.048.740 6.172.281 114,20
S ales 6.738.068 5.934.328 113,54
G ross Profit 3.289.554 2.965.716 1 10,92
O perating Profit 716.647 671.183 1 06,77
P rofit Before Tax 662 .195 62 8.718 1 05,32
N et Profit 616.253 574.339 107,30
Total Assets 8.788.445 8.187.723 107,34
Equity 6.954.696 6.597.395 105,42
Net Ca sh Flo w 39.138 (38.152) -
Investmen ts in A ssets (PPE&IA) 578.948 333.729 173,48
Avera ge Num ber of Employees 1.338 1.289 103,80
Sale s per Employee 5.036 4.604 109,39

Curren t Ratio 2,49 2,72 91,54
Lon g-term Deb t 0,9% 1,0% 86,59
ROE Return o n E quity 8,86 8,71 101,72
EPS Bas ic Earnin gs per Share ( In MKD) 4 33,20 4 03,70 107,31
DPS D ivid end per Sh are (In MKD) 1 60,00 1 50,00 106,67
T otal Number of Shares 1.431.353 1.431.353 100,00

1 EUR/1 M KD (A verage) 61,5289 61,5150 1 00,02

FI NANCIAL HIGHLIGHTS

A mount A mount Index
2011 2010 11/10

Total Revenues 114.560 100.338 114,17
Sales 109.511 96.470 113,52
EBIT Earning Before Interest and Taxes 11.647 10.911 106,75
Net Profit 10.016 9.337 107,27
EPS Earnings per Share 7,04 6,56 107,28
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Alkaloid AD SKOPJE /ANNUAL REPORT 2011
On 3 September 2011, Alkaloid organized a
On 15 August 2011, Alkaloid
humanitarian event for its employees. The
marked the diamond jubilee,
funds raised through Foundation “Trajche
75 years of its establishment.
Mukaetov”, were donated to the Oncology

Department of the Pediatric Clinic at the

Clinical Centre in Skopje. Later on, on 20

As a part of the anniversary
September 2011, the Company marked its

milestones, Becutan
anniversary with a gala reception attended by

collection got a brand new
the company associates and business

image
partners from the country and abroad, high

governmental officials and close collaborators.

In November 2011 Alkaloid was granted the The CEO/MB President of the
2010 National corporate social Company was granted the

responsibility award by the National award MK Business Leader

Corporate Social Responsibility Coordination by the European Business

Body (NCSRCB) Association

“Trajche Mukaetov” Alkaloid took active participation in Summit100,

Foundation granted organization dedicated to strengthening the

40 new scholarships to competitiveness of the regional economies

undergraduate students (Balkans and SEE in general)

of the Faculty of

Pharmacy and Faculty

Alkaloid took active participation in the
of Medicine at “Sts Cyril

campaigns for fight agahinasrdt bgreelaatsitn c caanpcseurles in
and Methodius”

University in Skopje.

The Foundation also
In December 2011, a new subsidiary in Serbia
awarded the
started operating: Alkaloid Wholesale Company
valedictorians of the
LTD, an investment worth EUR 125.000. Additional
academic 2010/2011
EUR 380.000 were invested in control laboratory
of both Faculties with
equipment for the production facility in Belgrade.
one-off premium
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In connection with Alkaloid’s In January 2012, the President of the

operations on the US market, Republic of Macedonia, H.E. d-r Gjorge

the Ambassador of the United Ivanov and the Ambassador of the People’s

States to the Republic of Republic of China to the country, H.E. Mr.

Macedonia, H.E. Mr. Paul D. Cui Zhivei also visited Alkaloid.

Wohlers visited the

production facilities of the
New packagings of Becutan, Satwa and
company.
Young Derm skincare collections were launched.

Alkaloid introduced a new Good Besides Aveda and Arbonne

nature product portfolio: Good Nature International, Alkaloid entered into

Energy comprising healthy food new production agreement with

products Swanson Health Products, a US
based industry leader in vitamins,
supplements and natural health

Alkaloid was granted Integrated care products

Environmental License by the

Ministry of Environment and Urban

The Macedonian Macedonian
Planning of the Republic of

Stock Exchange Securities
Macedonia

awarded the Commission

Crystal Bell awarded

The Bulgarian and Slovenian Drug to Alkaloid AD special plaque

Agencies issued Certificates of Skopje for being to Alkaloid for

Compliance with the principles of the most outstanding

Good Manufacturing Practices transparently contribution in

for the production facilities quoted company the

of PC Pharmaceuticals (hard gelatin on the stock development of

capsules and liquid dosage forms) exchange market this institution

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Alkaloid AD SKOPJE /ANNUAL REPORT 2011
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ORGANIZATIONAL

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Alkaloid AD SKOPJE /ANNUAL REPORT 2011