INVL Baltic Farmland
ISIN
LT0000128753
Ticker
INL1L
Sector
Sub-Industry
Country
Lithuania
Year Founded
2014
ISIN
LT0000128753
Ticker
INL1L
Sector
Sub-Industry
Country
Lithuania
Year Founded
2014
The goal of INVL Baltic Farmland is to invest in the agricultural land in Lithuania and lease the land to farmers and agricultural companies, to ensure cashflows in excess of inflation from rent income and to profit from the growth of agricultural land prices.
Key numbers: (as of Q4 2022)
- 2963.2798 ha of farmland;
- 460 land plots in Lithuania’s most product regions;
- Average plot size is 6.7 ha;
- Average productivity index of 46.2 (compared to 39.7 for Lithuanian land overall)
- 134 tenants.
Lithuania
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 15,866,000.00 | 16,935,000.00 | 18,419,000.00 |
| Noncurrent Assets | N/A | 15,364,000.00 | 16,620,000.00 | 18,092,000.00 |
| Investment Property | N/A | 15,364,000.00 | 16,620,000.00 | 18,092,000.00 |
| Investments In Subsidiaries | N/A | 0.00 | 0.00 | N/A |
| Noncurrent Financial Assets At Amortised Cost | N/A | 0.00 | 0.00 | N/A |
| Current Assets | N/A | 502,000.00 | 315,000.00 | 327,000.00 |
| Trade And Other Current Receivables | N/A | 198,000.00 | 170,000.00 | 126,000.00 |
| Current Prepayments | N/A | 2,000.00 | 1,000.00 | 2,000.00 |
| Cash and cash equivalents | 113,000.00 | 302,000.00 | 144,000.00 | 199,000.00 |
| Current Interest Receivable | N/A | 0.00 | 0.00 | N/A |
| Equity And Liabilities | N/A | 15,866,000.00 | 16,935,000.00 | 18,419,000.00 |
| Equity | 13,443,000.00 | 14,015,000.00 | 14,942,000.00 | 16,135,000.00 |
| Issued Capital | N/A | 955,000.00 | 955,000.00 | 955,000.00 |
| Retained Earnings | N/A | 8,639,000.00 | 9,566,000.00 | 10,759,000.00 |
| Share Premium | N/A | 1,387,000.00 | 1,387,000.00 | 1,387,000.00 |
| Treasury Shares | N/A | 203,000.00 | 203,000.00 | 203,000.00 |
| Other Reserves | N/A | 3,237,000.00 | 3,237,000.00 | 3,237,000.00 |
| Liabilities | N/A | 1,851,000.00 | 1,993,000.00 | 2,284,000.00 |
| Noncurrent Liabilities | N/A | 1,608,000.00 | 1,798,000.00 | 2,023,000.00 |
| Deferred Tax Liabilities | N/A | 1,608,000.00 | 1,798,000.00 | 2,023,000.00 |
| Current Liabilities | N/A | 243,000.00 | 195,000.00 | 261,000.00 |
| Trade And Other Current Payables To Trade Suppliers | N/A | 125,000.00 | 67,000.00 | 47,000.00 |
| Current Advances | N/A | 0.00 | 8,000.00 | N/A |
| Rent Deferred Income Classified As Current | N/A | N/A | 8,000.00 | 0.00 |
| Current Tax Liabilities Current | N/A | 57,000.00 | 54,000.00 | 118,000.00 |
| Other Current Liabilities | N/A | 61,000.00 | 66,000.00 | 96,000.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 649,000.00 | 665,000.00 | 722,000.00 |
| Revenue From Interest | 0.00 | 0.00 | 0.00 |
| Other Income | 16,000.00 | 24,000.00 | 6,000.00 |
| Professional Fees Expense | 56,000.00 | 72,000.00 | 130,000.00 |
| Employee Benefits Expense | 10,000.00 | 10,000.00 | 10,000.00 |
| Other Expense By Nature | 4,000.00 | 11,000.00 | 7,000.00 |
| Profit Loss From Operating Activities | 1,049,000.00 | 1,655,000.00 | 2,310,000.00 |
| Finance Costs | 0.00 | 0.00 | 0.00 |
| Profit Loss Before Tax | 1,049,000.00 | 1,655,000.00 | 2,310,000.00 |
| Income Tax Expense Continuing Operations | 154,000.00 | 244,000.00 | 342,000.00 |
| Profit (loss) | 895,000.00 | 1,411,000.00 | 1,968,000.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 895,000.00 | 1,411,000.00 | 1,968,000.00 |
| Adjustments For Income Tax Expense | N/A | 57,000.00 | 54,000.00 | 117,000.00 |
| Cash Flows From Used In Operations | N/A | 548,000.00 | 375,000.00 | 417,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 467,000.00 | 318,000.00 | 364,000.00 |
| Interest Received Classified As Investing Activities | N/A | 0.00 | 0.00 | 0.00 |
| Cash Flows From Used In Investing Activities | N/A | 38,000.00 | 0.00 | 450,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -316,000.00 | -476,000.00 | -759,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 189,000.00 | -158,000.00 | 55,000.00 |
| Cash and cash equivalents | 113,000.00 | 302,000.00 | 144,000.00 | 199,000.00 |
Please note that some sums might not add up.
LT0000128753
5299000AUE9M1W13ZQ36
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