Independent Bulgarian Energy Exchange SPJSC - Sofia

1. Profitability
	2018	2017	2016	2015
1.1. Return on sales	0.51	0.00	0.00	-2.21
1.2. Return on Shareholders' Equity	0.56	0.42	0.35	-0.23
1.3. Return on liabilities	0.04	0.02	0.05	-4.98
2. Liquidity
2.1. Current liquidity	1.07	1.04	1.10	14.40
2.2. Acid test liquidity	0.32	0.39	0.16	0.19
2.3. Absolute liquidity	-	-	-	-
3. Autonomity
3.1. Financial autonomity	0.07	0.04	0.12	0.96
3.2. Debt ratio	14.35	24.31	8.15	1.05
4. Turnover
4.1. Stock turnover, days	0.34	0.00	0.03	-
4.2. Stock turnover, times per year	1 071.86	88 672.43	10 298.35	n.a.
4.3. Receivables turnover, days	1 400.70	20.24	4.94	29.69
5. Effectiveness
5.1. Expenses effectiveness	2.31	1.00	1.00	0.31
5.2. Revenues effectiveness	0.43	1.00	1.00	3.18
6. Financial stability
6.1. Working capital owned by the company (WCO)	6 253.00	3 225.00	1 452.00	576.00
6.2. Permanent working capital (PWC)	6 253.00	3 225.00	1 452.00	576.00
6.3. Principal stocks forming sources (PSFS)	98 136.00	92 065.00	16 642.00	619.00
6.4. Financial stability	absolute	absolute	absolute	n.a.
7. Other ratios
7.1. Financial result per share	0.01	0.00	0.00	0.00