Interim / Quarterly Report • Sep 26, 2019
Interim / Quarterly Report
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| 01/01/2019- 30/06/2019 |
01/01/2018- 30/06/2018 |
|
|---|---|---|
| € | € | |
| Income Credit dividend |
- | - |
| Credit interest | - | - |
| -------------- | -------------- | |
| - | - | |
| Expenses | ||
| Gain on financial assets at fair value | ||
| through profit and loss | 86.877 | 877.988 |
| Impairment in the value of receivables | - | - |
| Administrative costs | (62.657) | (75.238) |
| Profit from operating activities | -------------- 24.220 |
------------ 802.750 |
| Finance costs | (19.920) | (19.775) |
| Profit before taxation | --------------- 4.300 |
------------ 782.975 |
| Taxation | - | (60.564) |
| Net profit for the period | ---------------- 4.300 |
------------ 722.411 |
| Other total income | ||
| Other total income for the period after taxation | - | - |
| Net total profit for the period | --------------- 4.300 |
------------- 722.411 |
| -------------- | ------------- | |
| Net profit for the period attributable to: Company's shareholders Minority interest |
4.300 - |
722.411 - |
| -------------- | ------------ | |
| 4.300 | 722.411 ------------ |
|
| Earnings for the period per share attributable to | ||
| the Company's shareholders: - basic and adjusted (€ cents) |
0.001 -------------- |
0.25 ------------ |
| 30 June 2019 € |
31 December 2018 € |
|
|---|---|---|
| Assets | ||
| Non-current assets | ||
| Financial assets at fair value through profit and loss | 1 | 1 |
| 1 | 1 | |
| Current assets | ||
| Financial assets at fair value through profit and loss | 1.856.170 | 1.769.293 |
| Receivables Cash and cash equivalents |
10 1.835.365 |
10 1.902.359 |
| 3.691.545 | 3.671.662 | |
| Total assets | 3.691.546 | 3.671.663 |
| Equity and Liabilities Capital and reserves Share capital Other reserves Accumulated losses |
8.644.229 (4.494.598) (1.269.662) |
8.644.229 (4.494.598) (1.273.962) |
| Total equity | 2.879.969 | 2.875.669 |
| Liabilities Current liabilities Borrowings Trade and other creditors Current tax liabilities |
767.505 44.072 - |
747.530 48.464 - |
| Total liabilities | 811.577 | 795.994 |
| Total Equity and Liabilities | 3.691.546 | 3.671.663 |
| Share capital |
Fair value reserve – Financial assets at fair value through other comprehensive income |
Accumulated Losses |
Minority Interest |
Total | |
|---|---|---|---|---|---|
| € | € | € | € | € | |
| Balance at 1 January 2019 |
8.664.229 | (4.494.598) | (1.273.962) | - | 2.875.669 |
| Total profit: Net profit for the period |
- | - | 4.300 | - | 4.300 |
| Total profit for the period |
- | - | 4.300 | - | 4.300 |
| Transactions with owners |
- | - | - | - | - |
| Balance at 30 June 2019 |
8.644.229 | (4.494.598) | (1.269.662) | - | 2.879.969 |
| Share capital |
Fair value reserve – Financial assets at fair value through other comprehensive |
Accumulated Losses |
Minority Interest |
Total | |
| € | income € |
€ | € | € | |
| Balance at 1 January 2018 (adjusted) |
8.664.229 | (4.494.598) | (6.077.850) | - | (1.928.219) |
| Total profit: Net profit for the period |
- | - | 722.411 | - | 72.411 |
| Total profit for the period |
- | - | 722.411 | - | 722.411 |
| Transactions with owners |
- | - | - | - | - |
| Balance at 30 June 2018 |
8.664.229 | (4.494.598) | (5.355.439) | - | (1.205.808) |
| 01/01/2019- 30/06/2019 |
01/01/2018- 30/06/2018 |
|
|---|---|---|
| € | € | |
| Cash flow from operating activities before changes in working capital Changes in working capital: |
4.300 | 802.750 |
| Financial assets at fair value through profit and loss Other loans and receivables |
(86.877) - |
(877.988) 248.062 |
| Trade and other creditors | (4.392) -------------- |
(21.945) -------------- |
| Tax paid | (86.969) - |
150.879 - |
| Interest received | - | - |
| Net cash flow (for) /from operating activities | -------------- (86.969) -------------- |
-------------- 150.876 -------------- |
| Cash flow from investing activities Dividends received |
- | - |
| Net cash from investing activities | -------------- - -------------- |
-------------- - -------------- |
| Cash flow from financing activities Interest paid |
- | (19.775) |
| Net cash for financing activities | -------------- - ---------------- |
-------------- (19.775) ---------------- |
| Net (decrease)/increase in cash and cash equivalents | (86.969) | 131.104 |
| Cash and cash equivalents at beginning of period | 1.154.829 --------------- |
224.722 --------------- |
| Cash and cash equivalents at end of period | 1.067.860 -------------- |
355.826 -------------- |
| Cash and cash equivalents comprise: | ||
| Cash in hand and at bank Bank Overdrafts |
1.835.365 (767.505) --------------- |
1.098.236 (742.410) --------------- |
| 1.067.860 --------------- |
355.826 --------------- |
|
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