K. KYTHREOTIS HOLDINGS PUBLIC LTD UNAUDITED CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED INTERIM STATEMENT OF PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDED 30 JUNE 2022

	Half year ended 30 June
	2022	2021
	€	€
Income	8.469.487	10.114.766
Cost of sales	(6.926.326)	(8.069.499)
Gross profit	1.543.161	2.045.267
Sales and marketing expenses	(28.453)	(93.180)
Administrative expenses	(561.082)	(594.701)
Other income	14.388	19.432
Other profits / (losses) – net	25.657	(3.346)
Operating profit	993.582	1.373.472
Finance cost	(23.572)	(24.861)
Profit before taxation	970.010	1.348.611
Tax charge	(113.467)	(158.893)
Profit for the period	856.543	1.189.718
Earnings per share attributable to the Company shareholders during the period
- Basic and fully diluted (cents)	2.02	2.80

K. KYTHREOTIS HOLDINGS PUBLIC LTD UNAUDITED CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED INTERIM STATEMENT OF TOTAL INCOME FOR THE PERIOD ENDED 30 JUNE 2022

	Half year ended 30 June 2022 2021 € €
Profit for the period	856.543	1.189.718
Other total income
Items not to be reclassified in profit and loss: Deferred taxation	1.085	322
Other total income for the period after taxation	1.085	322
Total profit for the period	857.628	1.190.040

	30.06.2022	31.12.2021
ASSETS	€	€
Non-current assets
Property, plant and equipment	8.418.203	7.894.230
Property investment	1.846.527	1.848.750
Goodwill	1.382.206	1.382.206
Other assets	257.581	510.848
	11.904.517	11.636.034
Current assets
Stocks	1.694.060	1.210.529
Trade receivables	3.592.735	3.817.426
Other receivables	29.262	4.576
Other assets	108.500	105.721
Tax receivable	10.452	10.452
Conventional assets	45.935	45.935
Financial assets at fair value through profit and loss	1.792	10.335
Cash at bank and in hand	1.418.952	1.510.029
	6.901.688	6.715.003
Total Assets	18.806.205	18.351.037

EQUITY AND LIABILITIES
Capital and reserves
Share capital	7.216.500	7.216.500
Share premium reserve	2.019.176	2.019.176
Revaluation reserve	661.969	746.380
Other reserves	39.761	39.761
Reserve from conversion of share capital into euro	36.513	36.513
Earnings retained	4.289.932	4.282.389
Total equity	14.263.851	14.255.223
Non-current liabilities

Borrowings	280.482	330.525
Trade and other creditors	137.242	172.960
Deferred taxation	489.267	449.873
	906.991	953.358
Current liabilities
Trade and other creditors	3.122.108	2.645.936
Borrowings Current tax liabilities	99.277 156.993	98.360 84.274
Provision for claims	175.522	175.522
Bank overdrafts	81.463	138.364
	3.635.363	3.142.456
Total liabilities	4.542.354	4.095.814
Total equity and liabilities	18.806.205	18.351.037

					Reserve
					from
					conversion
					of share
	Share	Share premium	Revaluation	Other	capital into Euro	Earnings
	Capital	reserve	reserve	reserves		retained	Total
	€	€	€	€	€	€	€
Balance as at 1 January 2021	7.216.500	2,019.176	746.380	39.761	36.513	2.514.630	11.492.947
Total income
Profit for the period	-	-	-	-	-	1.189.718	1.189.718
Other total income
Land and buildings:
Deferred taxation	-	-	322	-	-	-	322
Total other comprehensive income	-	-	322	-	-	-	322
Total income for the period	-	-	322	-	-	-	322
Transactions with owners
Dividend payable	-	-	-	-	-	(424.500)	(424.500)
Total transactions with owners	-	-	-	-	-	(424.500)	(424.500)
Balance as at 30 June 2021	7.216.500	2.019.176	746.702	39.761	36.513	3.279.848	13.338.500
Balance as at 1 January 2022	7.216.500	2,019.176	660.884	39.761	36.513	4.282.389	14.255.223
Total income
Profit for the period	-	-	-	-	-	856.543	856.543
Other total income
Land and buildings:
Deferred taxation	-	-	1.085	-	-	-	1.085
Total other comprehensive income	-	-	1.085	-	-	-	1.085
Total income for the period	-	-	1.085	-	-	-	1.085
Transactions with owners
Dividend payable	-	-	-	-	-	(849.000)	(849.000)
Total transactions with owners	-	-	-	-	-	(849.000)	(849.000)
Balance as at 30 June 2022	7.216.500	2.019.176	661.969	39.761	36.513	4.289.932	14.263.851

	Half year ended 30 June
	2022	2021
	€	€
Cash flow from operations
Profit before taxation	970.010	1.348.611
Adjustments for items not affecting cash movement	279.423	312.229
	1.249.433	1.660.840
Changes in working capital	(46.031)	354.954

Cash from operations	1.203.402	2.015.794
Tax paid	(270)	(277)
Net cash from operations	1.203.132	2.015.517
Cash flow used for investing activities	(1.059.559)	(1.604.061)
Cash flow used for financing activities	(177.749)	(71.864)
Net (decrease) / increase in cash and cash equivalents and bank overdrafts	(34.176)	339.592
Cash and cash equivalents and bank overdrafts at beginning of
period	1.371.665	(275.282)
Cash and cash equivalents and bank overdrafts at end of period	1.337.489	64.310