Interfund Investments PLC

Quarterly Report • Sep 14, 2022

CONDENSED STATEMENT OF PROFIT AND LOSS AND OTHER TOTAL INCOME for the period ended 30 June 2022

	Period ended 30 June		Year ended 31 December
	2022	2021	2021
	€	€	€
Income	228.899	50.591	(688.429)
Profit from investing activities	-	-	-
Administrative expenses	(118.022)	(152.822)	(298.553)
Profit/(Loss) from operations	110.877	(102.231)	(986.982)
Finance income	14	79	63
Finance costs	(2.778)	(5.739)	(10.787)
	(2.764)	(5.660)	(10.724)
Profit / (Loss) before taxation Taxation	108.113 -	(107.891) -	(997.706) -
Net profit /(loss) for the period	108.113	(107.891)	(997.706)
Other total income	-	-	-
Total income /(loss) for the year	108.113	(107.891)	(997.706)
Profit / (loss) per share (cents)	0.10	(0.10)	(0.88)

CONDENSED STATEMENT OF FINANCIAL POSITION

for the period ended 30 June 2022

	30 June 2022	30 June 2021	31 December 2021
	€	€	€
ASSETS
Current assets
Financial assets at fair value	16.687.708	10.402.266	10.871.572
Cash and cash equivalents	193.652	7.280.289	5.886.638
	16.881.360	17.682.555	16.758.210
Total assets	16.881.360	17.682.555	16.758.210
EQUITY AND LIABILITIES Equity and reserves
Share capital	14.663.188	14.663.188	14.663.188
Share premium reserve	4.183.040	4.183.040	4.183.040
Accumulated (loss)	(2.180.603)	(1.398.900)	(2.288.716)
	16.665.625	17.447.328	16.557.512
Current liabilities
Other creditors and amounts due	186.936	206.428	171.899
Tax due	28.799	28.799	28.799
	215.735	235.227	200.698
Total equities and liabilities	16.881.360	17.682.555	16.758.210
Net asset value of share (cents)	14.78	15.47	14.68

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CONDENSED STATEMENT OF CHANGES IN EQUITY for the period ended 30 June 2022

Share capital Share Premium Reserve Accumulated profits Total Equity € € € € Balance as at 1 January 2021 14.663.188 4.183.040 (1.291.009) 17.555.219 Loss for the period - - (107.891) (107.891) Balance as at 30 June 2021 14.663.188 4.183.040 (1.398.900) 17.447.328 Share capital € Share Premium Reserve € Accumulated profits € Balance as at 1 January 2022 14.663.188 4.183.040 (2.288.716) 16.557.512 Profit for the period - - 108.113 108.113 Balance as at 30 June 2022 14.663.188 4.183.040 (2.180.603) 16.665.625

CONDENSED STATEMENT OF CASH FLOWS

for the period ended 30 June 2022

	Period ended 30 June 2022 €	Period ended 30 June 2021 €
CASH FLOW FROM OPERATING ACTIVITIES
Profit / (loss) before taxation	108.113	(107.891)
Adjustments for:
Profit at fair value in financial assets at fair value through profit and loss Credit dividends	(228.899) -	(50.591) -
Debit interest	2.778	4.317
Credit interest	(14)	(79)
	(118.022)	(154.244)
Changes in working capital
Decrease/(increase) in other amounts receivables	-
Decrease/(increase) in financial assets at fair value through profit and loss	-
(Increase) in fixed-term deposits	-
Increase in trade and other creditors	15.037	18.497
Cash (for) operations	(102.985)	(135.747)
Collection of interest	-	-
Collection of dividends	-	-
Tax paid
Net cash (for) operations	(102.985)	(135.747)
CASH FLOW FROM INVESTING ACTIVITIES
Investments in financial assets at fair value through profit and loss	(5.587.233)	(976.254)
Collection of interest	-	-
Net cash (for) investing activities	(5.587.233)	(976.254)
CASH FLOW FROM FINANCING ACTIVITIES
Collection from issue of shares	-	-
Payment of interest	(2.768)	(4.317)
Collection of interest	-	79
Net cash (for) financing activities	(2.768)	(4.238)
Net (decrease) in cash and cash equivalents	(5.692.986)	(1.116.239)
Cash and cash equivalents at beginning of period	5.886.638	8.396.528
Cash and cash equivalents at end of period	193.652	7.280.289