LLC Sporta centrs “Mežaparks” (SCM)
Governance structure
Reg. No. 40003044327 WEB: www.scmezaparks.lv State ownership 99.99% SCM has no ownership in other enterprise.
Shareholders – Ministry of Education and Science, association “Latvijas Olimpiskā komiteja” Member of the Management Board – Ieva Zunda Main financial indicators, thousands EUR
The mission of SCM is to promote the competitiveness of Latvia’s best athletes in the World by providing for the needs of specialized high-class athletes, young athletes and community, as well as the base that meets international requirements
General Strategic Goal To provide a full service training and competition base for high-class, young athletes and sports community needs.
The most important events in 2016 • The services of SCM have been used by the World Champions and a positive assessment of the services provided was received, as evidenced by customer loyalty and the opinion of the hotel association - the maintenance of the three star status for the hotel. • Replacement of damaged rain, water and sewage has been carried out, which has contributed to the increase in hotel occupancy and number of customers. • The gym is equipped with a scoreboard, athlete and spectator seats, facilitating the various tournaments.
Planned most significant events in 2017 • To continue to upgrade SCM hotel building. • To improve SCM inventory to ensure the training and tournament progress. • To continue work on improving the quality of existing services and promoting them with a view to retaining existing customers and attracting new customers.
Turnover Profit/Loss EBITDA
2015
2016
293.2
297.0
0.3
0.4
n/a
n/a
Assets
15 670.0
15 664.9
Share capital
15 604.4
15 604.4
Equity
15 226.6
15 227.0
Investment in fixed assets
0.0
0.0
Dividends paid to the state budget
0.0
0.0
Contributions made to the state and municipal budget
62.2
80.1
Donations received
0.0
0.0
Donations made
0.0
0.0
45.5
39.8
Funding received from the state budget Main financial indicators, % and factors Profitability (profit/turnover), %
0.09
0.12
ROA (profit/assets), %
0.002
0.002
ROE (profit/equity), %
0.002
0.002
Total liquidity (current assets/short term liabilities)
2.34
2.82
D/E (liabilities/equity)
0.03
0.03
Number of employees
15
15
Average gross remuneration per employee per year, thousands EUR
7.4
7.6
Other indicators
Gender representation in management, f/m
1/0
Annual report in accordance with IFRS
No
Main financial goals
Achieved results
Income increase from hotel, sports centre, quay and parking services. Provide stable profit and positive cash flow from economic activities.
• Net sales of services rendered increased by 1.3%, and there are no losses for a second consecutive year. • Fulfilled the necessary preconditions for preserving the status of the National Sports Base, which provides tax rebates and qualifies for state grants.
Main non-financial goals • Provision of complete services. • Creating sports environment in SCM territory. • Provision of accessibility of sports base to every citizen with the opportunity to engage in physical and health-enhancing activities.
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