Eurosweet - Certificate of Registration of the 2011 Annual Financial Report

-Translation from Serbian - ____ ___

BUSINESS REGISTERS AGENCY

8100005912086

REGISTER OF FINANCIAL STATEMENTS AND DATA ON SOLVENCY OF LEGAL ENTITIES AND ENTREPRENEURS

CERTIFICATE OF REGISTRATION OF THE

2011 ANNUAL FINANCIAL REPORT

for

ZOLTAN CERI (Proprietor), ‘EUROSWEET 1968’ CRAFT SHOP, BACKO PETROVO SELO

Legal Entity / Entrepreneur’s Name

26/A Vladimira Nazora St., Backo Petrovo Selo _ Legal Entity / Entrepreneur’s Registered Office

Entrepreneurs _ Registrant group

61177949 1071 106664107 _ Company ID number Activity code Tax ID number

Registrant information as at 31-Dec-2011:

Full business name: ZOLTAN CERI (Proprietor), ‘EUROSWEET 1968’ CRAFT SHOP, BACKO PETROVO SELO, 26/A VLADIMIRA NAZORA ST. Activity code: 1071 Size for 2011: Small

The 2011 Annual Financial Statements were received by the Business Registers Agency – Register of Financial Statements and Data on Solvency of Legal Entities and Entrepreneurs, on 28-Feb-2012.

The above financial statements were recorded on 9-March-2012, under the number FI 70643/2012 and registered on 19-March-2012 with the following contents:

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Karl Fazekas, Translator/Interpreter, CELTA certified English language lecturer Glavna 38, Becej; +381 (0)21 6919 818, cell: +381 (0)600 754 954, e-mail: [email protected]

mailto:[email protected]

BALANCE SHEET as at 31 December 2011

-in 000 RSD

ITEM ADP Amount . Ref. Current y. Previous y.

A. NON-CURRENT ASSETS (002+003+004+005+009) 001 5195 5218

IV. PROPERTY, PLANT EQUIPMENT AND BIOLOGICAL ASSETS (006+007+008) 005 5195 5218

1. Property, plant and equipment 006 5195 5218

B. CURRENT ASSETS (013+014+015 012 13064 26553

I. INVENTORIES 013 7137 7369

III. SHORT-TERM RECEIVABLES, INVESTMENTS AND CASH (016+017+018+019+020) 015 5927 19184 __1. Receivables 016 5897 19173 __4. Cash and cash equivalents 019 10 0 __5. VAT and prepayments and accrued income 020 20 11

G. OPERATING ASSETS ( 001+012+021) 022 18259 31771

Dj. TOTAL ASSETS (022+023) 024 18259 31771

A. EQUITY (102+103+104+105+106-107+108-109-110) 101 8137 7811

I. REGISTERED CAPITAL 102 7383 7383 VII. RETAINED EARNINGS 108 754 428

B. LONG-TERM PROVISIONS AND LIABILITIES __(112+113+116) 111 10122 23960

III. SHORT-TERM LIABILITIES (117+118+119+120+121+122) 116 10122 23960

1. Short-term financial liabilities 117 4366 2658 ___3. Operating liabilities 119 3048 20229 ___4. Other short-term liabilities 120 1403 342 ___5. VAT and other public revenues and accrued costs 121 1278 718 ___6. Corporation tax liabilities 122 27 13

G. TOTAL LIABILITIES (101+111+123) 124 18259 31771

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PROFIT AND LOSS ACCOUNT in the period from 01/01 to 31/12/2011

-in 000 RSD


I. OPERATING REVENUE (202+203+204+205+206) 201 46850 19211 _1. Sales 202 46850 19211 II. OPERATING EXPENSES (208to 212) 207 45724 18394 _2. Cost of materials 209 36331 14647 _3. Cost of salaries, benefits and other personal expenses 210 4541 1452 _4. Depreciation, amortization and provisions 211 625 247 _5. Other operating expenses 212 4227 2048

III. OPERATING PROFIT (201-207) 213 1126 817

V. FINANCIAL INCOME 215 5 0

VI. FINANCIAL EXPENSES 216 546 193

VII. OTHER INCOME 217 87 0

VIII.OTHER EXPENSES 218 169 81

IX. PROFIT FROM REGULAR OPERATIONS BEFORE TAX ____(213-214+215-216+217-218) 219 503 543

B. PROFIT BEFORE TAX (219-220+221-222) 223 503 543 _1. Tax expense for the period 225 77 30

D. Employer’s personal emolument 228 0 85

DJ. NET PROFIT (223-224-225-226+227-228) 229 426 428

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STATISTICAL ANNEX for 2011 I GENERAL DATA ON LEGAL ENTITY OR ENTREPRENEUR


ITEM ADP . Ref. Current y. Previous y.

1. Number of months of operation (design. from 1 to 12) 601 12 7

2. Designation of size (1 to 3) 602 1 1

3. Designation of ownership (1 to 5 ) 603 2 2

5. Average number of employees as at the end of each month (int.) 605 12 10

II GROSS CHANGES IN INTANGIBLE ASSETS AND PROPERTY, PLANT, EQUIPMENT AND BIOLOGICAL ASSETS

ITEM ADP Allowance for Net . Ref Gross impairment (col 4-5)

2.1. Balance at the beginning of year – property, plant, equipment and biological assets 611 5465 247 5318

2.2. Increase (acquisitions) in the course of the year – property, plant, equipment and biological assets 612 602 0 602

2.3. Decrease in the course of the year – property, plant, equipment and biological assets 613 625 0 625

2.5. Balance at the end of year (611+612+613+614)

property, plant, equipment and biological assets 615 5442 247 5195

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FROM III TO IX OTHER

-in 000 RSD



1. Material inventories 616 7024 7256

6. Advances paid 621 113 113

7. TOTAL (616+617+618+619+620+621=013+014) 622 7137 7369

7. Other capital assets 632 7383 7383

TOTAL (623+625+627+629+630+631+632=102) 633 7383 7383

1. Receivables from sales (balance as at year end 639<=016) 639 5897 18992

2. Trade payables (balance as at year end 640<=119) 640 3048 20229

4. VAT–previous tax (annual amount according to tax returns) 642 5894 5174

5. Trade payables (credits less initial balance) 643 44262 22960

6. Owed for net salaries and benefits (credits less initial balance) 644 2531 892

7. Owed for taxes on salaries and benefits paid by the employee (credits less initial balance) 645 325 118

8. Owed for contributions on salaries and benefits paid by the employee (credits less initial balance) 646 623 220

10. Owed to natural persons for fees under service contracts (credits less initial balance) 648 311 0

11. Owed for VAT (annual amount according to tax returns) 649 8034 5721

12. Control sum (639 through 649) 650 70925 74306

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-in 000 RSD



1. Fuel and energy 651 1223 502

2. Salaries and benefits (gross) 652 3479 1230

3.Taxes and contributions for salaries and benefits paid by the employer 653 623 220

4. Fees to natural persons under service contracts (gross) 654 369 0

6. Other personal expenses and benefits 656 70 2

7. Production services 657 3266 1488

8. Rents 658 3357 1334

11. Depreciation 661 625 247

12. Insurance premiums 662 37 29

13. Payment operation fees 663 68 27

14. Membership fees 664 46 0

15. Taxes 665 241 96

16. Contribution expenses 666 138 37

17. Interest 667 545 193

18. Interest expenses and part of financial expenses 668 545 193

19. Interest on bank loans and loans from other fin. organizations 669 542 193

20. Expenses for charity, cultural, health care, education, scientific,

religious, environmental protection and sports purposes 670 12 0

21. Control sum (651 to 670) 671 15186 5791

7. Entrepreneur’s personal emolument from net profit 687 100 85

8. Control sum (681 to 687) 688 100 85

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SIZE APPLIED IN 2012


Based on the data from the 2011 Annual Financial Statement, the registrant correctly classified itself into: 1 – Small

The registrant size determined by the BRA – Register of Financial Statements and Solvency Data on Legal Entities and Entrepreneurs: 1 – Small

The legal entity is not obligated to have its 2011 Annual Financial Statements audited in accordance with the Law on Accounting and Auditing.

REGISTRAR

Signature illegible

Ruzica Stamenkovic

Round Seal:

Republic of Serbia

Business Registers Agency

Belgrade

- end of translation -

I hereby certify that the above is a true translation of the document composed in the Serbian language,In witness whereof I hereto set my signature this 20th day of December 2012.


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Documents

Eurosweet - Certificate of Registration of the 2011 Annual Financial Report