The Galatariotis Group is one of the leading business establishments in Cyprus with diverse activities and investments in the real estate and building materials sectors. The Group comprises several private companies and two public ones, which are listed on the Cyprus Stock Exchange (CSE).
The financial strength of the Group enabled it to diversify its activities in a variety of sectors.
1951
Served areaEurope
Headquarters197 Makarios III Avenue, Gala Tower, 3030 Limassol – Cyprus
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
---|---|---|---|
Assets | N/A | 380,031,000.00 | 381,556,000.00 |
Noncurrent Assets | N/A | 366,384,000.00 | 344,051,000.00 |
Property Plant And Equipment | N/A | 0.00 | 0.00 |
Investment Property | N/A | 283,858,000.00 | 283,878,000.00 |
Investment Accounted For Using Equity Method | N/A | 60,026,000.00 | 60,174,000.00 |
Noncurrent Financial Assets At Fair Value Through Other Comprehensive Income | N/A | 22,500,000.00 | 0.00 |
Current Assets | N/A | 13,647,000.00 | 37,505,000.00 |
Current Financial Assets At Amortised Cost | N/A | 11,712,000.00 | 12,434,000.00 |
Other Current Nonfinancial Assets | N/A | 238,000.00 | 313,000.00 |
Cash and cash equivalents | 1,578,000.00 | 1,696,000.00 | 23,751,000.00 |
Equity And Liabilities | N/A | 380,031,000.00 | 381,556,000.00 |
Equity | 284,112,000.00 | 328,695,000.00 | 323,502,000.00 |
Issued Capital | N/A | 59,173,000.00 | 59,173,000.00 |
Retained Earnings | N/A | 136,544,000.00 | 138,046,000.00 |
Share Premium | N/A | 910,000.00 | 910,000.00 |
Equity Attributable To Owners Of Parent | N/A | 321,372,000.00 | 322,779,000.00 |
Noncontrolling Interests | N/A | 7,323,000.00 | 723,000.00 |
Liabilities | N/A | 51,336,000.00 | 58,055,000.00 |
Noncurrent Liabilities | N/A | 51,226,000.00 | 50,926,000.00 |
Noncurrent Provisions | N/A | 300,000.00 | 0.00 |
Deferred Tax Liabilities | N/A | 50,926,000.00 | 50,926,000.00 |
Current Liabilities | N/A | 110,000.00 | 7,129,000.00 |
Current Provisions | N/A | 0.00 | 400,000.00 |
Trade And Other Current Payables To Related Parties | N/A | 0.00 | 6,489,000.00 |
Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
---|---|---|
Revenue | 328,000.00 | 275,000.00 |
Profit Loss From Operating Activities | 45,287,000.00 | -416,000.00 |
Finance Costs | 0.00 | 22,000.00 |
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 4,231,000.00 | 4,429,000.00 |
Profit Loss Before Tax | 49,518,000.00 | 3,991,000.00 |
Income Tax Expense Continuing Operations | 5,713,000.00 | 0.00 |
Profit (loss) | 43,805,000.00 | 3,991,000.00 |
Profit Loss Attributable To Owners Of Parent | 43,826,000.00 | 4,040,000.00 |
Profit Loss Attributable To Noncontrolling Interests | -21,000.00 | -49,000.00 |
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
---|---|---|---|
Profit (loss) | N/A | 43,805,000.00 | 3,991,000.00 |
Adjustments For Finance Costs | N/A | 0.00 | 22,000.00 |
Cash Flows From Used In Operations | N/A | -880,000.00 | -706,000.00 |
Cash Flows From Used In Operating Activities | N/A | -880,000.00 | -706,000.00 |
Dividends Received Classified As Investing Activities | N/A | 2,550,000.00 | 4,186,000.00 |
Cash Flows From Used In Investing Activities | N/A | 1,607,000.00 | 23,534,000.00 |
Dividends Paid Classified As Financing Activities | N/A | 609,000.00 | 751,000.00 |
Interest Paid Classified As Financing Activities | N/A | 0.00 | 22,000.00 |
Cash Flows From Used In Financing Activities | N/A | -609,000.00 | -773,000.00 |
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 118,000.00 | 22,055,000.00 |
Cash and cash equivalents | 1,578,000.00 | 1,696,000.00 | 23,751,000.00 |
Please note that some sums might not add up.
CY0001101217
LEI213800FN22UPT2IPKV44
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