STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED 31 DECEMBER 2016

	2016	2015
	€	€

Dividends receivable	33.284	36.242
Interest receivable	67	1.516
Income from rents	143.309	206.621
Other income	178.352	252.006
	355.012	496.385
Administrative expenses	(484.870)	(500.807)
(Loss)/profit from revaluation and liquidation of financial assets at fair value
through profit and loss	(14.758)	137.107
Loss from revaluation of investments in property	(300.000)	(100.000)
Provision for legal claims	(5.125.000)	-
Finance cost	(12)	(75)
(Loss)/profit before taxation	(5.570.628)	32.610
Taxation debit	(3.260)	(4.655)
(Loss)/profit for the year	(5.573.888)	27.955

Basic and adjusted (loss)/profit per share (cent)	(1.98)	0.01

LCP HOLDINGS AND INVESTMENTS PUBLIC LTD

	2016 €	2015 €
Profit/(Loss) for the year	(5.573.888)	27.955
Other total (loss)/income:
Items which may be later classified in profit and loss:
(Loss)/profit from revaluation at fair value of financial assets available for sale	(7.676)	1.861
Other total (loss)/income Total profit/(loss) for the year	(7.676) (5.581.564)	1.861 233.835

	2016	2015
	€	€
ASSETS Non-current assets
Property, plant and equipment	13.064	16.112
Investment in property	7.300.00	7.600.000
Loans receivable	85.380	85.380
Financial assets available for sale	588.672	596.348
	7.987.116	8.297.840
Current assets
Trade and other receivables	168.148	181.802
Financial assets at fair value through profit and loss	1.089.252	1.104.010
Tax refundable	21.232	21.232
Cash and cash equivalents	202.203	301.618
	1.480.835	1.608.662
TOTAL ASSETS	9.467.951	9.906.502
EQUITY AND LIABILITIES
Equity and reserves
Share capital	9.171.921	9.171.921
Other reserves	406.390	414.066
Retained profits /(accumulated loss)	(5.547.111)	26.777
Total equity	4.031.200	9.612.764
Non-current liabilities
Borrowing	85.380	85.380
Current liabilities
Other creditors	225.371	208.358
Provision for legal claims	5.126.000	-
	5.351.371	208.358
Total liabilities	5.436.751	293.738
TOTAL EQUITY AND LIABILITIES	9.467.951	9.906.502

			Other	Retained profits/ (accumulated
	Share capital	Equity	Reserves	loss)	Total
	€	€	€	€	€
Balance at
1 January 2015	78.028.207	(1.190.000)	412.205	(64.845.334)	12.405.078
Total income Profit for the year	-	-	-	27.955	27.955
Other total income Profit of revaluation at
fair value of financial assets available for sale	-	-	1.861	-	1.861
Other total income for the year	-	-	1.861	-	1.861
Total income for the year	-	-	1.861	27.955	29.816
Transactions with owners
Reduction in share capital	(68.856.286)	1.190.000	-	64.844.156	(2.822.130)
Total transactions with owners	(68.856.286)	1.190.000	-	64.844.156	(2.822.130)
Balance at 31 December 2015 / 1 January 2016	9.171.921	-	414.066	26.777	9.612.764
Total loss Loss for the year	-	-	-	(5.573.888)	(5.573.888)
Other total loss Loss of revaluation at fair value of financial
assets available for sale	-	-	(7.676)	-	(7.676)
Other total loss for the year	-	-	(7.676)	-	(7.676)
Total loss for the year	-	-	(7.676)	(5.573.888)	(5.581.564)
Balance at 31
December 2016	9.171.921	-	406.390	(5.547.111)	4.031.200

FOR THE YEAR ENDED 31 DECEMBER 2016
	2016	2015
	€	€
Cash flow for operations
(Loss)/profit before taxation from continuing operations	(5.570.628)	32.610
Adjustments for:
Depreciation of intangible assets Depreciations of property, plant and equipment	- 3.048	22 3.297
Loss/(profit) from revaluation and liquidation of financial assets at fair value
through profit and loss	14.758	(137.107)
Loss from revaluation of investments in property	300.000	100.000
Income from dividends	(33.284)	(36.242)
Credit interest	(67)	(1.516)
Debit interest	12	75
Provision for legal claims	5.126.000	-
	(160.161)	(38.861)

Changes relating to:
Trade and other receivables	13.654	(10.659)
Financial assets at fair value through profit and loss	-	(590.263)
Other creditors	17.013	83.678

Cash for operations	(129.494)	(556.105)
Tax paid	(3.260)	(4.655)
Net cash (for)/ from operations	(132.754)	(560.760)

Cash flow from investing activities
Interest received	67	1.516
Dividends received	33.284	36.242
Net cash from investing activities from continuing operations	33.351	37.758
Net cash from investing activities from non-continuing operations	-	3.000.000
Net cash from investing activities	33.351	3.037.758

Cash flow for financing activities
Payments for reduction in share capital	-	(2.822.130)
Interest paid	(12)	(75)
Net cash for financing activities	(12)	(2.822.205)
Net (decrease)/increase in cash and cash equivalents	(99.415)	(345.207)
Cash and cash equivalents at beginning of year	301.618	646.825
Cash and cash equivalents at end of year	202.203	301.618