CONDENSED CONSOLIDATED STATEMENT OF TOTAL INCOME Period from 1 January 2020 to 30 June 2020

	01/01-30/06	01/01-30/06
	2020	2019
	€	€
Income	258.594	1.008.067
Cost of sales	(179.037)	(602.249)
Gross profit	79.557	405.818
Sales and administrative expenses	(148.496)	(248.707)
Profit from operating activities	(69.939)	157.111
Net finance costs	(975)	(2.468)
Profit before taxation	(69.914)	154.643
Taxation	-	-
Net profit	(69.914)	154.643
Other total income	-	-
Total income for the period	(69.914)	154.643
Earnings per share attributed to the shareholders of the
parent company (cents)	(0.03)	0.07

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION 30 June 2020

	30/06/2020	31/12/2019
	€	€

ASSETS
Non-current assets
Plant and equipment	169.911	171.794
Intangible assets	438.584	438.584
	608.495	610.378
Current assets
Stocks	487.726	444.726
Trade and other receivables	134.466	117.322
Financial assets at fair value through profit and loss	4.087	4.087
Tax refundable	23.211	22.052
Cash at bank and in hand	726.145	825.690
	1.375.635	1.413.877

Total assets	1.984.130	2.024.255

EQUITY AND LIABILITIES
Equity
Share capital	362.430	362.430
Accumulated profits	1.364.404	1.434.318
Total equity	1.726.834	1.796.748

Current liabilities
Trade and other creditors	257.296	227.507
	501.797	227.507

Total equity and liabilities	1.984.130	2.024.255

	Share capital €	Accumulated profits €	Total €
Balance – 1 January 2019	362.430	1.316.567	1.678.997
Net profit for the year		130.365	130.365
Contribution for defence in deemed
dividend distribution	--	(12,614)	(12.614)
Balance – 31 December 2019	362.430	1.434.318	1.796.748

Balance – 1 January 2020	362.430	1.434.318	1.796.748
Net loss for the year	--	(69.914)	(69.914)
Contribution for defence in deemed
dividend distribution	--	--	--
Balance – 30 June 2020	362.430	1.364.404	1.726.834

	01/01-30/06/
	2020	31/12/2019
	€	€
CASH FLOW FROM OPERATING ACTIVITIES
Profit / (loss) before taxation	(69.914)	157.684
Adjustments for:
Depreciation of plant and equipment	16.170	32.340
Depreciation of computer programmes	806	1.613
Credit interest	-	(928)
Debit interest	2.468	532
	(50.470)	191.241
Cash flow for operating activities before changes in working
capital
Decrease / (Increase) in stocks	(43.000)	(47.613)
(Increase) / Decrease in trade and other receivables	(17.144)	57.747
Increase / (Decrease) in trade and other creditors	29.789	(12.969)
Cash flow (for) / from operating activities	(80.825)	188.406
Tax paid	(1.159)	(25.778)

Net cash flow (for) / from operating activities	(81.984)	162.628
CASH FLOW FROM INVESTING ACTIVITIES
Payment for the purchase of intangible assets	--	(4.844)
Payment for the purchase of property, plant and equipment	(15.093)	(8.777)
Interest received	-	928
Net cash flow for investing activities	(15.093)	(12.693)

CASH FLOW FROM FINANCING ACTIVITIES
Repayment of loans	--	(1.048)
Payment of interest	(2.468)	(532)
Payment of contribution for defence in deemed dividend
distribution	--	(12.614)
Net cash flow from financing activities	(2.468)	(14.194)

Net (decrease)/increase in cash and cash equivalents	(99.545)	135.741
Cash and cash equivalents:
At beginning of period	825.690	689.949
At end of period	726.145	825.690