Lamda Development S.A.
ISIN: GRS245213004 | Ticker: LAMDA | LEI: 213800C7PQZVF38FYL54
Country: Greece
Lamda Development S.A., listed on the main market of the Athens Exchange, is a holding company specialising in the development, investment and management of real estate. It is the leading real estate developer in Greece as well as the undisputed leader in the shopping centres sector, with successful diversification in the office space and the residential sectors.
Its property portfolio currently includes:
- The Ellinikon, consisted of the area of the old Athens International Airport and the coastal front
- The Mall Athens, the first and largest shopping and leisure centre in Greece
- Golden Hall, an internationally renowned shopping and leisure centre that is also home to the new Olympic Museum of Athens and the XPLORE family entertainment centre
- Mediterranean Cosmos, the largest shopping and entertainment centre in Northern Greece
- Flisvos and The Ellinikon Marinas
- office buildings, and
- innovative residential complexes.
1977
Served areaGreece
Headquarters37a, Kifisias Ave., 15123 Marousi – Greece
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 2,187,242,000.00 | 3,670,937,000.00 | 4,183,255,000.00 |
| Noncurrent Assets | N/A | 1,242,858,000.00 | 2,873,281,000.00 | 3,149,012,000.00 |
| Property Plant And Equipment | N/A | 50,706,000.00 | 58,146,000.00 | 88,429,000.00 |
| Investment Property | N/A | 1,002,228,000.00 | 1,846,920,000.00 | 2,010,614,000.00 |
| Investment Accounted For Using Equity Method | N/A | 34,859,000.00 | 3,483,000.00 | 3,919,000.00 |
| Investments In Subsidiaries | N/A | 0.00 | 0.00 | 0.00 |
| Noncurrent Receivables | N/A | 29,479,000.00 | 29,225,000.00 | 21,842,000.00 |
| Noncurrent Inventories | N/A | 0.00 | 606,051,000.00 | 830,613,000.00 |
| Deferred Tax Assets | N/A | 4,745,000.00 | 677,000.00 | 521,000.00 |
| Other Noncurrent Financial Assets | N/A | 0.00 | 756,000.00 | 11,757,000.00 |
| Noncurrent Restricted Cash And Cash Equivalents | N/A | 0.00 | 167,000,000.00 | 11,347,000.00 |
| Noncurrent Derivative Financial Assets | N/A | 0.00 | 310,000.00 | 10,267,000.00 |
| Inventories | N/A | 7,416,000.00 | 342,146,000.00 | 237,311,000.00 |
| Trade And Other Current Receivables | N/A | 50,705,000.00 | 49,908,000.00 | 113,884,000.00 |
| Cash and cash equivalents | 702,776,000.00 | 883,155,000.00 | 162,402,000.00 | 515,515,000.00 |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 944,384,000.00 | 765,117,000.00 | 1,034,243,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | 0.00 | 32,539,000.00 | 0.00 |
| Current Restricted Cash And Cash Equivalents | N/A | 0.00 | 210,000,000.00 | 167,000,000.00 |
| Equity And Liabilities | N/A | 2,187,242,000.00 | 3,670,937,000.00 | 4,183,255,000.00 |
| Equity | 1,143,958,000.00 | 1,101,764,000.00 | 1,301,243,000.00 | 1,167,642,000.00 |
| Retained Earnings | N/A | -26,340,000.00 | 164,206,000.00 | 117,482,000.00 |
| Treasury Shares | N/A | 0.00 | 3,729,000.00 | 15,848,000.00 |
| Other Reserves | N/A | 8,772,000.00 | 17,256,000.00 | 27,616,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 1,007,008,000.00 | 1,202,241,000.00 | 1,153,758,000.00 |
| Noncontrolling Interests | N/A | 94,756,000.00 | 99,002,000.00 | 13,884,000.00 |
| Liabilities | N/A | 1,085,478,000.00 | 2,369,694,000.00 | 3,015,613,000.00 |
| Noncurrent Liabilities | N/A | 1,018,235,000.00 | 2,030,950,000.00 | 2,041,301,000.00 |
| Deferred Tax Liabilities | N/A | 116,338,000.00 | 175,975,000.00 | 204,090,000.00 |
| Noncurrent Recognised Liabilities Defined Benefit Plan | N/A | 796,000.00 | 914,000.00 | 940,000.00 |
| Noncurrent Derivative Financial Liabilities | N/A | 2,251,000.00 | 376,000.00 | 0.00 |
| Other Noncurrent Liabilities | N/A | 16,654,000.00 | 21,378,000.00 | 20,673,000.00 |
| Longterm Borrowings | N/A | 699,399,000.00 | 671,694,000.00 | 775,346,000.00 |
| Trade And Other Current Payables | N/A | 49,931,000.00 | 99,356,000.00 | 265,225,000.00 |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 67,243,000.00 | 308,744,000.00 | 974,312,000.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 0.00 | 30,000,000.00 | 0.00 |
| Current Borrowings And Current Portion Of Noncurrent Borrowings | N/A | 14,106,000.00 | 49,726,000.00 | 387,315,000.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 67,796,000.00 | 79,090,000.00 | 141,696,000.00 |
| Revenue From Dividends | 203,000.00 | 135,000.00 | 123,000.00 |
| Employee Benefits Expense | 13,504,000.00 | 21,022,000.00 | 23,324,000.00 |
| Depreciation And Amortisation Expense | 7,514,000.00 | 8,602,000.00 | 8,982,000.00 |
| Profit Loss From Operating Activities | -29,855,000.00 | 326,956,000.00 | 112,672,000.00 |
| Finance Income | 928,000.00 | 283,000.00 | 5,289,000.00 |
| Finance Costs | 32,603,000.00 | 58,892,000.00 | 94,509,000.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 2,284,000.00 | -484,000.00 | 114,000.00 |
| Profit Loss Before Tax | -59,246,000.00 | 267,863,000.00 | 23,566,000.00 |
| Income Tax Expense Continuing Operations | -3,118,000.00 | 68,094,000.00 | 47,522,000.00 |
| Profit (loss) | -56,128,000.00 | 199,769,000.00 | -23,956,000.00 |
| Profit Loss Attributable To Owners Of Parent | -51,664,000.00 | 191,242,000.00 | -31,409,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | -4,464,000.00 | 8,527,000.00 | 7,453,000.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | -56,128,000.00 | 199,769,000.00 | -23,956,000.00 |
| Adjustments For Income Tax Expense | N/A | -3,118,000.00 | 68,094,000.00 | 47,522,000.00 |
| Adjustments For Finance Costs | N/A | 32,603,000.00 | 58,892,000.00 | 94,509,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | 2,497,000.00 | -5,261,000.00 | -6,218,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 7,514,000.00 | 8,602,000.00 | 8,982,000.00 |
| Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | N/A | 0.00 | 0.00 | 440,000.00 |
| Adjustments For Sharebased Payments | N/A | 198,000.00 | 7,139,000.00 | 7,038,000.00 |
| Other Adjustments For Noncash Items | N/A | -1,824,000.00 | -4,949,000.00 | 0.00 |
| Cash Flows From Used In Operating Activities | N/A | -18,874,000.00 | 32,846,000.00 | 82,872,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | 0.00 | 508,000.00 | 1,415,000.00 |
| Dividends Received Classified As Investing Activities | N/A | 0.00 | 338,000.00 | 123,000.00 |
| Interest Received Classified As Investing Activities | N/A | 769,000.00 | 300,000.00 | 326,000.00 |
| Other Inflows Outflows Of Cash Classified As Investing Activities | N/A | -5,260,000.00 | -300,000.00 | -229,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -24,608,000.00 | -698,510,000.00 | -27,184,000.00 |
| Payments To Acquire Or Redeem Entitys Shares | N/A | 0.00 | 3,380,000.00 | 12,468,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 530,000,000.00 | 15,770,000.00 | 713,475,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 254,602,000.00 | 30,464,000.00 | 340,272,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 2,759,000.00 | 3,557,000.00 | 3,602,000.00 |
| Interest Paid Classified As Financing Activities | N/A | 4,341,000.00 | 4,071,000.00 | 8,891,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 223,861,000.00 | -55,089,000.00 | 297,425,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 180,379,000.00 | -720,753,000.00 | 353,113,000.00 |
| Cash and cash equivalents | 702,776,000.00 | 883,155,000.00 | 162,402,000.00 | 515,515,000.00 |
Please note that some sums might not add up.
GRS245213004
LEI213800C7PQZVF38FYL54
SectorReal Estate Management & Development
IndustryReal Estate Management & Development
Sub-IndustryDiversified Real Estate Activities
Listed Stock ExchangeATHEX Composite
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