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Latvian National Opera concluded 2014 with profit

BC, Riga, 20.05.2015.Print version
The Latvian National Opera (LNO) concluded 2014 with EUR 126,490 in profit, reports LETA, according to information from ''Firmas.lv''.

The LNO also achieved an increase in turnover – from EUR 10.63 million in 2013, to EUR 11.1 in 2014.

 

In 2013, the LNO posted EUR 20,424 in losses.

 

The main sources of revenue for the LNO last year was state subsidies worth EUR 7.86 million, as well as its own revenue – EUR 3.51 million.

 

Expenditures made up EUR 11.19 million last year, of which approximately 70 percent was for salaries.

 

Overall, the 231 performances and concerts were performed at the LNO last year.

 

In 2014, there was also an increased in the number of visitors – from 141,391 in 2013, to 158,731 in 2014.






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