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GimRom Holding S.A. (G-Market)
G-market which provides services to its 6 million customers through 6 stores and 321 employees in Romania with a net sales area of 13,095 m2, realized a 49 million Euro turnover in 2007. G-market stores have 14.000 various products of dry food, fresh food, fruits, vegetables, charcuterie, daily meat, bakery, patisserie, textile, detergents, cosmetics and other non-food items. G-market is the first retailer who introduced loyalty card in Romania.
| Founded | 1998 | | Field of Activity | Retailing | | Number of Employees | 321 | | Number of Branches | 6 |
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| IFRS Balance Sheet (31.12.2008) |
(EURO thousand) |
(USD thousand) |
| Cash and cash equivalents |
275 |
389 |
| Inventories |
3.035 |
4.298 |
| Trade receivables |
1.615 |
2.287 |
| Tangibles, net |
8.443 |
11.956 |
| Other assets |
28 |
40 |
| Total Assets |
13.396 |
18.970 |
| Trade payables |
8.909 |
12.616 |
| Borrowings |
7.459 |
10.563 |
| Other liabilities |
1 |
1 |
| Shareholders' equity |
(2.973) |
(4.210) |
| Total Liabilities |
13.396 |
18.970 |
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| IFRS Income Statement |
(bin EURO) |
(bin ABD $) |
| Net sales |
46.696 |
66.124 |
| Cost of goods sold |
(38.096) |
(53.946) |
| Operating Income |
8.600 |
12.178 |
| Operational expense, net |
(13.904) |
(19.689) |
| Other income / (expense), net |
3.543 |
5.017 |
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Income before tax |
(1.761) |
(2.494) |
| Tax |
216 |
306 |
| Net Income for the Period |
(1.545) |
(2.188) |
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GimRom Holding S.A. (G-Market)
Calea Vitan Nr.55-59,
Sector 3, Bucharest - Romania
Tel: +40 21 318 16 00
Fax: +40 21 405 61 09
www.gmarket.ro
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