Bosnian Hydro Power Complex Trebisnjica Swings to 9-mo Net Loss - Table

Bosnian hydro power plant group Trebisnjica posted a net loss of 563,839 marka ($428,710/288,589 euro) in the first nine months of 2009 compared to a net profit of 1.5 million marka a year earlier.

Following are details from the company's financial statement filed earlier this week with the Banja Luka Stock Exchange (BLSE), where it is listed (in millions of Bosnian marka):

	Jan-Sept'09	Jan-Sept'08
NET PROFIT/LOSS	-0.6	1.5
GROSS PROFIT/LOSS	-0.6	1.5
TOTAL REVENUE	37.6	34.9
TOTAL COSTS	38.1	33.4

Hidroelektrane na Trebisnjici’s assets totalled 1.008 billion marka at the end of September, up from 1.006 billion marka at the end of 2008.

Hidroelektrane na Trebisnjici, comprising three hydropower plants along the Trebisnjica river, is located in the southern part of the Serb Republic, which together with the Muslim-Croat Federation forms post-wa Bosnia.

The complex is one of three hydropower plant groups in the Serb Republic. The other two groups are located along the Drina and Vrbas rivers.

The Serb Republic has also two coal mine and power plant complexes: Ugljevik, in northeastern Bosnia, and Gacko, in southern Bosnia.

(1 euro = 1.95583 Bosnian marka)

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