Interim / Quarterly Report • Sep 25, 2018
Interim / Quarterly Report
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| 01/01/2018- 30/06/2018 |
01/01/2017- 30/06/2017 |
|
|---|---|---|
| € | € | |
| Income | ||
| Credit dividend | - | - |
| Credit interest | - | - |
| -------------- | -------------- | |
| - | - | |
| Expenses | ||
| Gain on financial assets at fair value | ||
| through profit and loss | 877.988 | 235.920 |
| Administrative costs | (75.238) | (53.389) |
| Profit from operating activities | ------------ 802.750 |
------------ 182.531 |
| Finance costs | (19.775) | (20.172) |
| ------------ | ------------ | |
| Profit before taxation | 782.975 | 162.359 |
| Taxation | (60.564) ------------ |
(69.091) ------------ |
| Net profit for the period | 722.411 | 93.268 |
| Other total income | ||
| Other total income for the period after taxation | - | - |
| Net total profit for the period | ------------- 722.411 |
------------- 93.268 |
| Net profit for the period attributable to: | ------------- | ------------- |
| Company's shareholders Minority interest |
722.411 - |
93.268 - |
| ------------ 722.411 |
------------ 93.268 |
|
| ------------ | ------------ | |
| Earnings for the period per share attributable to the Company's shareholders: |
||
| - basic and adjusted (€ cents) | 0.25 ------------ |
0.03 ------------ |
| 30 June 2018 € |
31 December 2017 € |
|
|---|---|---|
| Assets | ||
| Financial assets available for sale | 1 | 1 |
| Financial assets at fair value through profit and loss |
5.166.839 | 4.288.851 |
| Other loans and receivables Cash and cash equivalents |
149.599 1.098.236 |
397.661 966.802 |
| Total assets | -------------- 6.414.675 ------------- |
--------------- 5.653.315 --------------- |
| Equity and Liabilities Capital and reserves Share capital Accumulated losses |
8.644.229 (9.580.037) |
8.644.229 (10.572.488) |
| Total equity | ------------- (1.205.808) ------------- |
--------------- (1.928.219) --------------- |
| Liabilities Borrowings Trade and other creditors Current tax liabilities |
742.410 36.618 6.841.455 |
742.080 58.563 6.780.891 |
| Total liabilities | ------------ 7.620.483 ------------ |
--------------- 7.581.534 --------------- |
| Total Equity and Liabilities | 6.414.675 ------------ |
5.653.315 --------------- |
| Share capital € |
Accumulated Losses € |
Total € |
Minority Interest € |
Total € |
|
|---|---|---|---|---|---|
| Balance at 1 January 2018 |
8.664.229 | (10.572.448) | (1.928.219) | - | (1.928.219) |
| Total profit: | -------------- | ------------------ | -------------- | -------------- | ------------- |
| Net profit for the period |
- | 722.411 | 722.411 | - | 722.411 |
| -------------- | ------------------ | --------------- | --------------- | -------------- | |
| Total profit for the period |
- -------------- |
722.411 ------------------ |
722.411 --------------- |
- -------------- |
722.411 -------------- |
| Transactions with owners |
- | - | - | - | - |
| Balance at 30 June 2018 |
8.664.229 ------------- |
(9.850.037) --------------- |
(1.205.808) ------------- |
- ------------ |
(1.205.808) ------------ |
| Share capital € |
Accumulated Losses € |
Total € |
Minority Interest € |
Total € |
|
|---|---|---|---|---|---|
| Balance at | 8.664.229 | (8.427.022) | 217.207 | - | 217.207 |
| 1 January 2017 | -------------- | ------------------ | -------------- | -------------- | ------------- |
| Total profit: Net profit for the period |
- | 93.268 | 93.268 | - | 93.268 |
| -------------- | ------------------ | --------------- | --------------- | -------------- | |
| Total profit for | - | 93.268 | 93.268 | - | 93.268 |
| the period | -------------- | ------------------ | --------------- | -------------- | -------------- |
| Transactions | - | - | - | - | - |
| with owners | -------------- | ----------------- | --------------- | --------------- | -------------- |
| Balance at | - | - | - | - | - |
| 30 June 2017 | 8.664.229 | (8.333.754)) | 310.475 | - | 310.475 |
| -------------- | ----------------- | ------------- | --------------- | -------------- |
| 01/01/2018- 30/06/2018 |
01/01/2017- 30/06/2017 |
|
|---|---|---|
| € | € | |
| Cash flow from operating activities before changes in working capital Changes in working capital: |
802.750 | 182.531 |
| Financial assets at fair value through profit and loss Other loans and receivables Trade and other creditors |
(877.988) 248.062 (21.945) -------------- |
(187.466) 261.734 (38.010) --------------- |
| Cash from operating activities Tax paid Interest received |
150.879 - - |
218.719 - - |
| Net cash flow from operating activities | -------------- 150.876 -------------- |
--------------- 218.789 --------------- |
| Cash flow from investing activities Dividends received |
- | - |
| Net cash from investing activities | -------------- - -------------- |
--------------- - --------------- |
| Cash flow from financing activities Interest paid |
(19.775) | (20.172) |
| Net cash for financing activities | -------------- (19.775) ---------------- |
--------------- (20.172) --------------- |
| Net increase in cash and cash equivalents | 131.104 | 198.617 |
| Cash and cash equivalents at beginning of period | 224.722 --------------- |
(144.946) ------------- |
| Cash and cash equivalents at end of period | 355.826 -------------- |
53.671 --------------- |
| Cash and cash equivalents comprise: Cash in hand and at bank Bank Overdrafts |
1.098.236 (742.410) |
822.159 (768.488) |
| --------------- 355.826 |
--------------- 53.671 |
|
| --------------- | --------------- |
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