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REG - Starcom PLC - Interim Results <Origin Href="QuoteRef">STARS.L</Origin> - Part 2

- Part 2: For the preceding part double click  ID:nRSc1689Sa 

        
 
 
   b.              Short-term balances:    June 30    December 31  
                   2017                    2016       2016         
   Credit balance  (108)                   (119)      (82)         
   Loans           (180)                   (258)      (292)        
                   (288)                   (377)      (374)        
 
 
   c.                                                                       Transactions:    Six Months EndedJune 30    Year EndedDecember 31    
                                                                            2017             2016                       2016                     
   Total salaries, services rendered and related expenses for shareholders  261              187                        496                      
                                                                                           
                                                                                           
                                                                                           
                                                                                                                                                       
 
 
 NOTE 7 -  NET FINANCE EXPENSES            
                                           Six Months EndedJune 30    Year Ended December 31  
                                           2017                       2016                      2016   
           Interest to banks and others    (81)                       (22)                      (45)   
           Exchange rate differences       (220)                      (52)                      (59)   
           Bank charges                    (34)                       (38)                      (70)   
           Interest to related parties     -                          -                         (13)   
           Interest to suppliers           (22)                       (8)                       (21)   
           Net finance expenses            (357)                      (120)                     (208)  
                                                                                                         
 
 
 NOTE 8 -  SEGMENTATION REPORTING  
 
 
     Segments' differentiation policy:The Company's management has defined its segmentation policy based on the financial essence of the different segments. This refers to services versus goods, delivery method and allocated resources per sector.On this basis, the following segments were defined:  
     Segment information regarding the reported segments:                                                                                                                                                                                                                                                  
 
 
                               Sets       Web      Accessory    Other    Total    
 Period Ended 30.06.2017:                                                         
 Segment revenues              1,067      775      10           70       1,922    
 Cost of sales                 (858)      (96)     (8)          (57)     (1,019)  
 Gross profit                  209        679      2            13       903      
 Operating expenses                                                      (1,471)  
 Operating loss                                                          (568)    
                                                                                  
 Period Ended 30.06.2016:                                                         
 Segment revenues              1,547      845      25           90       2,507    
 Cost of sales                 (1,364)    (89)     (22)         (80)     (1,555)  
 Gross profit                  183        756      3            10       952      
 Operating expenses                                                      (1,394)  
 Operating loss                                                          (442)    
                                                                                  
 Year Ended 31.12.2016:                                                           
 Segment revenues              3,128      1,749    44           211      5,132    
 Cost of sales                 3,084      382      40           206      3,712    
 Gross profit                  44         1,367    4            5        1,420    
 Operating expenses                                                      (3,157)  
                                                                                  
 Operating loss                                                          (1,737)  
 
 
This information is provided by RNS
The company news service from the London Stock Exchange

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