INTERIM CONDENSED CONSOLIDATED STATEMENT OF PROFIT AND LOSS AND OTHER COMPREHENSIVE INCOME for the period 1 January 2024 to 31 March 2024

	Quarter ended 31 March
	2024	2023
	€	€
Income
Income from interest	54.137	52.631
Income from rents	256.496	250.724
Profit from financial assets	99.679	1.225.186

	410.312	1.528.541
Operating expenses	(424.025)	(373.733)
Finance costs	(123.039)	(100.454)
Reversal of provision / (provision) for share in loss from affiliates	236.805	(262.249)
Share in profit from affiliates	19.900.890	14.867.010

Profit before taxation	20.000.943	15.659.115

Taxation	(6.158)	(6.028)

Net profit for the period	19.994.785	15.653.087
Other comprehensive income
Amounts that may be reclassified in the consolidated profit and loss account
in future periods
Share in (loss) / profit from affiliates	(66.336)	7.892
Amounts not to be reclassified in the consolidated profit and loss account in
future periods
Share in (loss) / profit from affiliates	(50.765)	124.141

Total income for the period	19.877.684	15.785.120
Net profit attributable to:
Company Shareholders	19.994.785	15.653.087
Basic and fully diluted earnings per share – cents	10.00	7.83

Total income attributable to:
Company shareholders	19.877.684	15.785.120
Total income per share - cents	9.94	7.89

	31 March	31 December
	2024	2023
	€	€
ASSETS
Non-current assets
Intangible fixed assets	1.482.693	1.499.138
Investment property	31.305.021	31.302.305
Investments in affiliates	313.544.388	293.760.599
Receivables from affiliates	12.459.762	12.406.269
Deferred taxation	73.336	73.336
Total non-current assets	358.865.200	339.041.647
Current assets
Immovable property inventories	10.811.786	10.798.841
Other receivables	164.545	207.988
Financial assets at fair value through profit and loss	28.085.825	27.986.146
Bank deposits	8.000	8.000
Cash and cash equivalents	830.160	834.943
Current tax claims	15.628	15.648
Total current assets	39.915.944	39.851.566
Total assets	398.781.144	378.893.213

NET POSITION AND LIABILITIES
Equity
Share capital	140.000.000	140.000.000
Reserves	247.595.862	227.718.178
Total equity	387.595.862	367.718.178
Long-term liabilities
Long-term loans	2.993.816	2.993.816
Total long-term liabilities	2.993.816	2.993.816
Current liabilities
Bank overdrafts	3.236.458	1.185.380
Current portion of long-term loans	900.841	2.640.273
Provision for losses of affiliates	3.096.151	3.332.956
Trade and other creditors	958.016	1.022.610
Total current liabilities	8.191.466	8.181.219
Total equity and liabilities	398.781.144	378.893.213
Net assets per share - cents	193,80	183,86

	Quarter ended 31 March
	2024	2023
	€	€
Cash flow from operating activities
Profit before taxation	20.000.943	15.659.115
Adjustments for:
Depreciation of intangible fixed assets	16.445	16.598
Gain on disposal and revaluation of financial assets at fair value through
profit and loss	(99.679)	(1.225.186)
(Reversal of provision) / provision for share in loss from affiliates	(236.805)	262.249
Share in profit from affiliates	(19.900.890)	(14.867.010)
Loan interest payable	91.623	91.964
Net cash flow before changes in working capital	(128.363)	(62.270)
Increase in immovable property inventories	(12.945)	-
Decrease in other receivables	43.443	76.385
Net purchases and sales of financial assets at fair value through profit and
loss	-	-
Increase in receivables from affiliates	(53.493)	(51.995)
Decrease in trade and other creditors	(64.594)	(33.428)
Purchase of investment property	(2.716)	(161)
Cash for operating activities	(218.668)	(71.469)
Tax (paid) / received	(6.138)	15.376
Net cash for operating activities	(224.806)	(56.093)
Cash flow from investing activities
Purchase of intangible fixed assets	-	(1.714)
Net cash for investing activities	-	(1.714)
Cash flow from financing activities
Repayment of loans	(1.831.055)	(1.614.694)
Net cash for financing activities	(1.831.055)	(1.614.694)
Net decrease in cash and cash equivalents	(2.055.861)	(1.672.501)
Cash and cash equivalents at beginning of period	(350.437)	761.303
Cash and cash equivalents at end of period	(2.406.298)	(911.198)

INTERIM CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

for the period 1 January 2024 to 31 March 2024

	Share capital €	Exchange difference reserve €	Negative goodwill reserve €	Land and property revaluation reserve €	Accumulated profits €	Total equity €
Balance as at 1 January 2023	140.000.000	319.437	121.998.035	-	16.735.951	279.053.423
Net profit for the period after taxation	-	-	-	-	15.653.087	15.653.087
Other total expenses for the period	-	-	-	-	132.033	132.033
Other transactions with shareholders	-	-	-	-	-	-
Balance as at 31 March 2023	140.000.000	319.437	121.998.035	-	32.521.071	294.838.543
Balance as at 1 January 2024	140.000.000	319.437	121.998.035	48.396	105.352.310	367.718.178
Net profit for the period after taxation	-	-	-	-	19.994.785	19.994.785
Other total income for the period	-	-	-	-	(117.101)	(117.101)
Other transactions with shareholders	-	-	-	-	-	-
Balance as at 31 March 2024	140.000.000	319.437	121.998.035	48.396	125.229.994	387.595.862