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Limusa closed 2008 with net profit of half a million euros, the best result in its history (01/04/2009)

The company's net profit Lorca SA Municipal Clean stood at the end of 2008 half a million euros, representing an increase of 6.72% of its value added (net sales less net purchases and external services) for 2007.

The benefit for investments in excess of EUR 438,315.31, to be spent on investments of the company during this fiscal year 2009.

Melchor Morales, Edil municipal companies responsible for stressed that "special interest the result of the benefit provides for a voluntary reserve, which is first of over one million euros as a result of implementing the new General Accounting Plan although the calculation mechanism was already used by the municipal corporation when it was optional.

The reserves have increased by 500,050.98 euros on the distribution of income for the year 2007 to reach EUR 1,337,594.86, a 37.38% higher than the previous year chapter. "

For its part, Santos Gonzalez, Limusa Manager, announced that "these findings have influenced policy in spending on each game as this chapter has been reduced, reducing the net value of purchases.

In just a game as locomotion and expenses includes the concepts of travel and subsistence, it has been lessened by 55,000 euros in one year, with that in this game now computed displacements and not before.

The decrease in trade creditors has been reduced 445,929.4 euros, being the balance of 1,147,481.78 euros and other liabilities of EUR 159,999.5 product of that effort in reducing costs without affecting the service delivery. "

The cost savings in 2008 amounted to EUR 727,577.25, due to the reduction of the initial budget Limusa during the period in EUR 485,589.25, 116,488.00 more off the same budget (2% of annual budget) and 125,500 euros on wages and salaries offset the budgeted amount for calculating the CPI in 2007 to real-ended year.

Not rated, but also significant spending increases in the price of fuel that the company has had to assume in 2008.

Source: Ayuntamiento de Lorca

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