- 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
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