Karyes Investment Public Company LTD

Quarterly Report • Dec 20, 2017

Condensed interim statement of profit and loss and other comprehensive income for the period from 1 January to 30 June 2017

	1/1/2017-	1/1/2016-
	30/6/2017	30/6/2016
	€	€
Income
Bonds interest	-	287
Loss from the sale and revaluation of investments	(2.861)	(6.534)
	(2.861)	(6.247)
Administrative and other operating expenses	(18.766)	(22.050)
Loss from operating activities	(21.627)	(28.297)
Finance cost	(226)	(105)
Loss before taxation	(21.853)	(28.402)
Taxation	--	--
Net loss for the period	(21.853)	(28.402)
Other comprehensive income:	-	-
Total expenses for the period	(21.853)	(28.402)
Loss per share attributable to the Company's shareholders (cents)	(1.09)	(1.42)

KARYES INVESTMENT PUBLIC COMPANY LIMITED

Condensed interim statement of financial position as at 30 June 2017

	30/06/2017	31/12/2016
	€	€
ASSETS
Νοn-current assets
Trade and other receivables	267.992	267.992
	267.992	267.992
Current assets
Trade and other receivables	105.634	13.144
Investments at fair value	659.002	784.309
Cash at bank	26.391	21.753
	791.027	819.206
TOTAL ASSETS	1.059.019	1.087.198
EQUITY AND LIABILITIES
Equity
Share capital	500.000	500.000
Accumulated profits	533.896	555.749
Total equity	1.033.896	1.055.749
Current liabilities
Trade and other creditors	24.865	31.191
Current tax liabilities	258	258
	25.123	31.449
TOTAL EQUITY AND LIABILITIES	1.059.019	1.087.198
Net asset value per share (cents)	51.69	52.79

KARYES INVESTMENT PUBLIC COMPANY LIMITED

Condensed interim statement of changes in net position for the period from 1 January to 30 June 2017

	Share capital €	Accumulated profit /(loss) €	Total €
Balance as at 1 January 2016	500.000	(40.512)	459.488
Total expenses
Net loss for the period	--	(28.402)	(28.402)
Balance as at 30 June 2016	500.000	(68.914)	431.086
Balance as at 1 January 2017	500.000	555.749	1.055.749
Total expenses
Net loss for the period	--	(21.853)	(21.853)
Balance as at 30 June 2017	500.000	533.896	1.033.896

KARYES INVESTMENT PUBLIC COMPANY LIMITED

Condensed interim statement of cash flows for the period from 1 January to 30 June 2017

30/6/2017 30/6/2016 € € Cash flow from operating activities Loss before taxation (21.853) (28.402) Adjustments for: Loss from sale of investments at fair value through profit and loss 2.861 6.534 Credit interest -- (287) Debit interest 226 105 (18.766) (22.050) Changes in working capital Increase in amounts receivable (92.490) - (Decrease)/Increase in trade and other creditors (6.326) 350.373 Cash (for)/from activities (117.582) 328.323 Interest received - 287 Net cash (for)/from activities (117.582) 328.610 Cash flow from investing activities Proceeds for repayments of loans - (260.000) Payments for purchase of other investments - (106.913) Proceeds from sale of other investments 122.446 53.248 Net cash flow from/(for) investing activities 122.446 (313.665) Cash flow from financing activities Payment of interest (226) (105) Net cash for financing activities (226) (105) Net increase in cash and cash equivalents 4.638 14.840 Cash and cash equivalents at beginning of period 21.753 6.913 Cash and cash equivalents at end of period 26.391 21.753	1/1/2017-	1/1/2016-