Interim / Quarterly Report • Sep 27, 2023
Interim / Quarterly Report
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| 01/01/2023 - 30/06/2023 € |
01/01/2022 - 30/06/2022 € |
|
|---|---|---|
| Credit interest | 1.318 | 1.318 |
| Profit/(Loss) on fair values in financial assets at fair value through profit and loss Profit/(Loss) on sale of financial assets at fair value through profit and loss |
29.320 5.387 |
(99.117) (1.956) |
| Total income/(losses) | 36.025 | (99.755) |
| Reversal/(Impairment) in value of cash and cash equivalents Administration costs Finance cost |
1.023 (66.347) (38.951) |
11.332 (76.715) (40.685) |
| Loss before taxation | (68.250) | (205.823) |
| Taxation | - | - |
| Net loss for the period | (68.250) | (205.823) |
| Basic and readjusted loss per share (cents) | (0.266) | (0.073) |
| 01/01/2023 - 30/06/2023 € |
01/01/2022 - 30/06/2022 € |
|
|---|---|---|
| Net loss for the period | (68.250) | (205.823) |
| Other total losses: | ||
| Items which will or may be subsequently reclassified to profit and loss: |
||
| Financial assets at fair value through Other Total Income – Losses in fair value |
- | - |
| Financial assets at fair value available for sale – Profit transferred to the results due to sale |
- | - |
| Other total losses for the period after taxation | - | - |
| Other total losses for the period |
(68.250) | (205.823) |
| 30 June 2023 | 31 December | |
|---|---|---|
| 2022 | ||
| € | € | |
| ASSETS | ||
| Νon-current assets | ||
| Trade and other receivables | 154.126 | 153.604 |
| Financial assets at fair value through other total income | 3.025.209 | 3.005.093 |
| Refundable tax | 21.231 | 21.231 |
| Cash and cash equivalents | 5.514.346 | 5.594.441 |
| 8.714.912 | 8.774.369 | |
| TOTAL ASSETS | 8.714.912 | 8.774.369 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Share capital | 2.822.130 | 2.822.130 |
| Other reserves | 456.943 | 456.943 |
| Accumulated losses | (199.703) | (131.453) |
| Total equity | 3.079.370 | 3.147.620 |
| Non-current liabilities | ||
| Borrowings | 65.380 | 65.380 |
| 65.680 | 65.380 | |
| Current liabilities | ||
| Trade and other creditors | 196.728 | 187.935 |
| Current tax liabilities | 247.434 | 247.434 |
| Provisions for liabilities | 5.126.000 | 5.126.000 |
| 5.570.162 | 5.561.369 | |
| Total liabilities | 5.635.542 | 5.626.749 |
| TOTAL EQUITY AND LIABILITIES | 8.714.912 | 8.774.369 |
| Balance at 1 January 2022 | Share capital € 2.822.130 |
Other Reserves € 456.943 |
Accumulated Profits/(Losses) € 115.564 |
Total € 3.394.637 |
|---|---|---|---|---|
| Total loss Loss for the period |
- | - | (205.823) | (205.823) |
| Balance at 30 June 2022 | 2.822.130 | 456.943 | (90.259) | 3.188.814 |
| Balance at 31 December 2022/ 1 January 2023 |
2.822.130 | 456.943 | (131.453) | 3.147.620 |
| Total loss Net loss for the period |
- | - | (68.250) | (68.250) |
| Balance at 30 June 2023 | 2.822.130 | 456.943 | (199.703) | 3.079.370 |
| 01/01/2023 - 30/06/2023 € |
01/01/2022 - 30/06/2022 € |
|
|---|---|---|
| Cash flow from operations | ||
| Loss before taxation Adjustments: |
(68.250) | (205.823) |
| Losses/(Gains) on fair values in financial assets at fair value through profit and loss |
(34.706) | 101.073 |
| (Reversal of impairment in value)/Charge for impairment in the value of cash | ||
| and cash equivalents | (1.023) | (11.332) |
| Credit interest | (1.318) | (1.318) |
| (105.297) | (117.400) | |
| Changes in working capital: | ||
| Trade and other receivables | (522) | (3.498) |
| Financial assets at fair value through profit and loss | 14.590 | 233.756 |
| Trade and other creditors | 8.793 | (1.227.700) |
| Cash (for)/from operations | (82.436) | (1.114.843) |
| Interest received | 1.318 | 1.318 |
| Net cash (for)/from operations | (81.118) | (1.113.525) |
| Cash flow for financing activities Repayment of loans |
- | - |
| Net cash for financing activities | - | - |
| Net increase/(decrease) in cash and cash equivalents | (81.118) | (1.113.525) |
| Cash and cash equivalents at beginning of year Reversal of impairment in value/(Charge for impairment) in the value |
5.594.441 | 6.597.155 |
| of cash and cash equivalents | 1.023 | 11.332 |
| Cash and cash equivalents at end of period | 5.514.346 | 5.494.962 |
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