Jadrolinija’s loss in the first six months of this year amounted to 119.2 million kuna, an increase of 60.3 percent compared to the same period last year, as reported in Jadrolinija’s financial report published by the Zagreb Stock Exchange.
Total revenues of Jadrolinija of 331.9 million kuna are 5.9 percent higher compared to the first half of last year. Operating revenues increased by 4.4 percent to 323.5 million kuna, financial revenues amounted to 1.2 million kuna, and extraordinary revenues were 7.1 million kuna. In the structure of operating revenues, revenues from domestic sales (139.3 million kuna) and revenues from subsidies and grants (139.2 million kuna) are almost equal. Revenues from domestic sales increased by 8.5 percent compared to the first half of last year.
From foreign sales, Jadrolinija generated 44.9 million kuna in revenue in the first six months, a decrease of 5.8 percent. Total expenses increased by 16.4 percent to 451.1 million kuna. Material costs increased by 18.2 percent to 258.7 million kuna. Within that group of expenses, costs of raw materials and materials increased by 45.5 million kuna or 37.5 percent, amounting to 166.8 million kuna. The second largest increase in expenses – by 12.1 million kuna or 40.5 percent, to 41.8 million kuna – was recorded in depreciation.
Jadrolinija is a company for scheduled maritime transport of passengers and cargo. According to data from the company’s website, in 2007, Jadrolinija transported 9.4 million passengers and 2.42 million vehicles with its fleet of 56 ships (5 large passenger ferries for coastal navigation and international lines, 37 ferries in local passenger traffic, 8 catamarans, 1 hydrobus, and 5 classic ships). During the summer, Jadrolinija’s ships make over 500 departures daily. (H)
