Tower Investments S.A.
ISIN: PLTWRNV00013 | Ticker: TOW | LEI: 259400J8JJKET03PCT44
Country: Poland
Tower Investments S.A. is a Poland-based real estate development company that specializes in creating multifunctional residential and commercial properties . The company operates through three segments: Real Estate, Food, and E-Commerce. Tower Investments S.A. offers a wide range of real estate services including asset management, construction and refurbishment, and consultancy services. The company is renowned for developing high-quality properties that focus on sustainability, modern design, and energy efficiency.
Year founded2005
Served areaPoland
HeadquartersWioślarska 8, 00-411 Warszawa – Poland
| Line item in (pln) | 02.01.2020 | 01.01.2021 | 02.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|---|
| Assets | N/A | 115,640,416.00 | N/A | 103,777,930.00 | 85,473,985.00 |
| Noncurrent Assets | N/A | 57,823,031.00 | N/A | 60,668,537.00 | 59,903,157.00 |
| Property Plant And Equipment | N/A | 3,477,922.00 | N/A | 3,396,188.00 | 1,238,897.00 |
| Investment Property | N/A | 33,888,699.00 | N/A | 38,936,854.00 | 41,948,729.00 |
| Goodwill | N/A | 16,586,901.00 | N/A | 14,814,233.00 | 13,740,745.00 |
| Intangible Assets Other Than Goodwill | N/A | 19,667.00 | N/A | 327,922.00 | 18,760.00 |
| Investments In Subsidiaries Joint Ventures And Associates | N/A | 0.00 | N/A | 0.00 | N/A |
| Noncurrent Receivables | N/A | 1,075,325.00 | N/A | 1,361,802.00 | 1,295,317.00 |
| Deferred Tax Assets | N/A | 2,774,267.00 | N/A | 1,831,538.00 | 1,660,709.00 |
| Other Noncurrent Financial Assets | N/A | 250.00 | N/A | 0.00 | 0.00 |
| Current Assets | N/A | 57,817,385.00 | N/A | 43,109,393.00 | 25,570,828.00 |
| Inventories | N/A | 31,197,823.00 | N/A | 19,337,870.00 | 16,136,793.00 |
| Trade And Other Current Receivables | N/A | 19,951,697.00 | N/A | 14,303,939.00 | 7,075,918.00 |
| Current Tax Assets Current | N/A | 72,407.00 | N/A | 210,135.00 | 50,522.00 |
| Other Current Financial Assets | N/A | 2,119,640.00 | N/A | 2,428,022.00 | 458,608.00 |
| Cash and cash equivalents | 10,662,539.00 | 4,475,818.00 | 4,475,818.00 | 6,829,427.00 | 1,384,953.00 |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 57,817,385.00 | N/A | 43,109,393.00 | 25,106,794.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 0.00 | N/A | 0.00 | 464,034.00 |
| Equity And Liabilities | N/A | 115,640,416.00 | N/A | 103,777,930.00 | 85,473,985.00 |
| Equity | 62,682,173.00 | 58,360,895.00 | 58,360,895.00 | 60,024,429.00 | 49,178,210.00 |
| Issued Capital | N/A | 1,560,750.00 | N/A | 1,560,750.00 | 1,560,750.00 |
| Retained Earnings | N/A | 9,382,392.00 | N/A | 12,103,876.00 | -3,404,723.00 |
| Retained Earnings Profit Loss For Reporting Period | N/A | N/A | N/A | 261,549.00 | -10,235,055.00 |
| Share Premium | N/A | 30,071,724.00 | N/A | 30,071,724.00 | 30,071,724.00 |
| Treasury Shares | N/A | 269,706.00 | N/A | 269,706.00 | 269,706.00 |
| Other Reserves | N/A | 17,596,866.00 | N/A | 16,382,450.00 | 21,655,994.00 |
| Equity Attributable To Owners Of Parent | N/A | 58,342,026.00 | N/A | 59,849,094.00 | 49,614,039.00 |
| Noncontrolling Interests | N/A | 18,869.00 | N/A | 175,335.00 | -435,829.00 |
| Liabilities | N/A | 57,279,521.00 | N/A | 43,753,501.00 | 36,295,775.00 |
| Noncurrent Liabilities | N/A | 29,173,116.00 | N/A | 16,018,970.00 | 9,618,440.00 |
| Noncurrent Provisions | N/A | 0.00 | N/A | 0.00 | 0.00 |
| Noncurrent Payables | N/A | 413,752.00 | N/A | 706,551.00 | 590,186.00 |
| Deferred Tax Liabilities | N/A | 7,934,881.00 | N/A | 3,777,861.00 | 3,978,606.00 |
| Other Noncurrent Financial Liabilities | N/A | 20,824,483.00 | N/A | 11,534,558.00 | 5,049,648.00 |
| Current Liabilities | N/A | 28,106,405.00 | N/A | 27,734,531.00 | 26,677,335.00 |
| Current Provisions | N/A | 188,135.00 | N/A | 390,407.00 | 375,647.00 |
| Trade And Other Current Payables | N/A | 18,746,273.00 | N/A | 10,895,038.00 | 11,834,182.00 |
| Current Tax Liabilities Current | N/A | 27,727.00 | N/A | 124,155.00 | 436,057.00 |
| Other Current Financial Liabilities | N/A | 9,144,270.00 | N/A | 16,324,931.00 | 13,695,719.00 |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 28,106,405.00 | N/A | 27,734,531.00 | 26,341,605.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 0.00 | N/A | 0.00 | 335,730.00 |
| Line item in (pln) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 19,389,176.00 | 50,022,721.00 | 26,562,801.00 |
| Other Income | 1,285,875.00 | 4,026,529.00 | 3,288,555.00 |
| Profit Loss From Operating Activities | -5,420,400.00 | 2,400,541.00 | -3,750,654.00 |
| Finance Income | 804,309.00 | 191,103.00 | 1,040,420.00 |
| Finance Costs | 2,708,130.00 | 3,032,149.00 | 5,948,592.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 0.00 | 0.00 | 0.00 |
| Profit Loss Before Tax | -7,324,221.00 | -440,505.00 | -8,658,826.00 |
| Income Tax Expense Continuing Operations | 41,798.00 | 41,872.00 | 971,363.00 |
| Profit Loss From Continuing Operations | -7,366,019.00 | -482,377.00 | -9,630,189.00 |
| Profit Loss From Discontinued Operations | 0.00 | 0.00 | -1,047,651.00 |
| Profit (loss) | -7,366,019.00 | -482,377.00 | -10,677,840.00 |
| Profit Loss Attributable To Owners Of Parent | -7,324,887.00 | 261,549.00 | -10,235,055.00 |
| Profit Loss Attributable To Noncontrolling Interests | -41,132.00 | -743,926.00 | -442,785.00 |
| Line item in (pln) | 01.01.2021 | 02.01.2020 | 01.01.2022 | 02.01.2021 | 01.01.2023 |
|---|---|---|---|---|---|
| Profit (loss) | -7,366,019.00 | N/A | -482,377.00 | N/A | -10,677,840.00 |
| Adjustments For Reconcile Profit Loss | 4,839,164.00 | N/A | 8,356,142.00 | N/A | 14,490,006.00 |
| Adjustments For Decrease Increase In Inventories | -11,705,243.00 | N/A | 9,349,124.00 | N/A | 3,157,227.00 |
| Adjustments For Decrease Increase In Other Operating Receivables | -3,836,056.00 | N/A | 3,825,977.00 | N/A | 7,511,726.00 |
| Adjustments For Increase Decrease In Trade Account Payable | 2,601,871.00 | N/A | -2,664,555.00 | N/A | -124,788.00 |
| Adjustments For Increase Decrease In Other Operating Payables | 5,313,120.00 | N/A | -5,132,854.00 | N/A | 1,411,660.00 |
| Adjustments For Depreciation And Amortisation Expense | 826,334.00 | N/A | 1,103,075.00 | N/A | 1,030,329.00 |
| Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 1,365,296.00 | N/A | 1,178,456.00 | N/A | 2,081,756.00 |
| Adjustments For Provisions | 3,613.00 | N/A | 202,272.00 | N/A | -14,760.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | 61,330.00 | N/A | -3,979.00 | N/A | -2,679.00 |
| Adjustments For Fair Value Gains Losses | 226,151.00 | N/A | -1,728,878.00 | N/A | -2,337,153.00 |
| Adjustments For Undistributed Profits Of Associates | 0.00 | N/A | 0.00 | N/A | 0.00 |
| Adjustments For Losses Gains On Disposal Of Noncurrent Assets | 603,510.00 | N/A | -79,803.00 | N/A | -175,838.00 |
| Other Adjustments For Which Cash Effects Are Investing Or Financing Cash Flow | 1,837,916.00 | N/A | 2,213,006.00 | N/A | 2,560,632.00 |
| Other Adjustments To Reconcile Profit Loss | 2,761,377.00 | N/A | -320,459.00 | N/A | 480,671.00 |
| Adjustments For Reconcile Profit Loss | 4,839,164.00 | N/A | 8,356,142.00 | N/A | 14,490,006.00 |
| Cash Flows From Used In Operations | -2,485,057.00 | N/A | 7,915,637.00 | N/A | 5,831,180.00 |
| Income Taxes Paid Refund Classified As Operating Activities | 6,879.00 | N/A | 259,082.00 | N/A | 608,560.00 |
| Cash Flows From Used In Operating Activities | -2,491,936.00 | N/A | 7,656,555.00 | N/A | 5,222,620.00 |
| Other Cash Receipts From Sales Of Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | 110,006.00 | N/A | 15,647.00 | N/A | 63,713.00 |
| Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | 316,425.00 | N/A | 388,872.00 | N/A | 0.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | 620,569.00 | N/A | 127,023.00 | N/A | 455,285.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | 266,173.00 | N/A | 620,182.00 | N/A | 21,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | 20,000.00 | N/A | 436,495.00 | N/A | 14,108.00 |
| Purchase Of Other Longterm Assets Classified As Investing Activities | 866,086.00 | N/A | 500,688.00 | N/A | 586,118.00 |
| Cash Advances And Loans Made To Other Parties Classified As Investing Activities | 120,000.00 | N/A | 312,000.00 | N/A | 0.00 |
| Cash Receipts From Repayment Of Advances And Loans Made To Other Parties Classified As Investing Activities | 0.00 | N/A | 10,000.00 | N/A | 0.00 |
| Interest Received Classified As Investing Activities | 0.00 | N/A | 2,014.00 | N/A | 0.00 |
| Cash Flows From Used In Investing Activities | -858,109.00 | N/A | -2,103,553.00 | N/A | -102,228.00 |
| Proceeds From Issuing Shares | 0.00 | N/A | 0.00 | N/A | 0.00 |
| Payments To Acquire Or Redeem Entitys Shares | 0.00 | N/A | 0.00 | N/A | 0.00 |
| Proceeds From Borrowings Classified As Financing Activities | 0.00 | N/A | 2,000,000.00 | N/A | 3,001,067.00 |
| Repayments Of Borrowings Classified As Financing Activities | 105,407.00 | N/A | 2,300,108.00 | N/A | 303,041.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | 925,727.00 | N/A | 685,163.00 | N/A | 1,003,904.00 |
| Dividends Paid Classified As Financing Activities | 0.00 | N/A | 0.00 | N/A | 0.00 |
| Interest Paid Classified As Financing Activities | 1,805,542.00 | N/A | 2,214,122.00 | N/A | 2,758,988.00 |
| Other Inflows Outflows Of Cash Classified As Financing Activities | 0.00 | N/A | 0.00 | N/A | -9,500,000.00 |
| Cash Flows From Used In Financing Activities | -2,836,676.00 | N/A | -3,199,393.00 | N/A | -10,564,866.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | -6,186,721.00 | N/A | 2,353,609.00 | N/A | -5,444,474.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | 0.00 | N/A | 0.00 | N/A | 0.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | -6,186,721.00 | N/A | 2,353,609.00 | N/A | -5,444,474.00 |
| Cash and cash equivalents | 4,475,818.00 | 10,662,539.00 | 6,829,427.00 | 4,475,818.00 | 1,384,953.00 |
Please note that some sums might not add up.
PLTWRNV00013
LEI259400J8JJKET03PCT44
SectorReal Estate Management & Development
IndustryReal Estate Management & Development
Sub-IndustryKeep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.