Interim / Quarterly Report • Jul 25, 2016
Interim / Quarterly Report
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| For the half-year ended | ||
|---|---|---|
| 30.06.2016 | 30.06.2015 | |
| Interest receivable | € - |
€ - |
| Income from rents | 71,654 | 133,166 |
| Other income | 64,353 | 113,696 |
| ____ 136,007 |
____ 246,862 |
|
| Administrative expenses | (136,428) | (197,182) |
| Loss from revaluation and liquidation of financial assets at fair value | ||
| through profit and loss | (962) | (1,290) |
| (Loss)/Profit before taxation | ____ (1,383) |
____ 48,390 |
| Taxation | (1,639) | (8,265) |
| (Loss)/Profit for the period from continuing operations | ____ (3,022) |
____ 40,125 |
| Non-continuing operations Profit for the period from non-continuing operations |
- | 204,017 |
| Profit/(Loss) for the period | _ (3,022) _ |
_ 244,142 _ |
| Basic and adjusted profit/(loss) from continuing operations per share (cent) | (0,001) ____ |
0,014 ____ |
| Basic and adjusted profit from non-continuing operations per share (cent) | - ____ |
0,072 ____ |
| Basic and adjusted profit/(loss) per share (cent) | (0,001) ____ |
0,086 ____ |
| For the half-year ended | ||
|---|---|---|
| 30.06.2016 € |
30.06.2015 € |
|
| Profit/(Loss) for the period | (3,022) ____ |
244,142 ____ |
| Other total income/(loss): | ||
| Items which may be later be classified in profit and loss: | ||
| (Loss)/Profit from revaluation at fair value of financial assets available for sale |
(15,816) ____ |
11,397 ___ |
| Other total income/(loss) | (15,816) | 11,397 |
| Total profit/(loss) for the period | _ (18,838) _ |
_ 255,539 _ |
| 30.06.2016 | 31.12.2015 | |
|---|---|---|
| ASSETS | € | € |
| Νon-current assets | ||
| Property, plant and equipment | 14,587 | 16,112 |
| Investment in property | 7,600,000 | 7,600,000 |
| Loans receivable | 85,380 | 85,380 |
| Financial assets available for sale | 580,532 | 596,348 |
| 8,280,499 | 8,297,840 | |
| Current assets | ||
| Trade and other receivables | 149,160 | 181,802 |
| Financial assets at fair value through profit and loss | 1,103,049 | 1,104,010 |
| Tax refundable | 21,232 | 21,232 |
| Cash and cash equivalents | 227,625 | 301,618 |
| 1,501,066 | 1,608,662 | |
| TOTAL ASSETS | 9,781,565 | 9,906,502 |
| EQUITY AND LIABILITIES Equity and reserves |
||
| Share capital | 9,171,921 | 9,171,921 |
| Other reserves | 398,250 | 414,066 |
| Retained profit | 23,754 | 26,776 |
| Total equity | 9,593,925 | 9,612,763 |
| Non-current liabilities | ||
| Borrowing | 85,380 | 85,380 |
| 85,380 | 85,380 | |
| Current liabilities | ||
| Other creditors | 102,260 | 208,359 |
| 102,260 | 208,359 | |
| Total liabilities | 187,640 | 293,739 |
| TOTAL EQUITY AND LIABILITIES | 9,781,565 | 9,906,502 |
| Share | CONDENSED INTERIM CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Equity |
Other | Accumulated | ||
|---|---|---|---|---|---|
| capital | Reserves | Loss | Total | ||
| € | € | € | € | € | |
| Balance at | |||||
| 1 January 2015 | 78,028,207 | (1,190,000) | 412,205 | (65,049,353) | 12,201,059 |
| Total profit | |||||
| Profit for the | - | - | - | 244.142 | 244.142 |
| period | |||||
| Other total | |||||
| income | |||||
| Profit of | |||||
| revaluation at fair | |||||
| value of financial | |||||
| assets available | - | - | 11.397 | - | 11.397 |
| for sale | |||||
| -------------- | ----------------- | --------------- | --------------- | -------------- | |
| Balance at 30 June 2015 |
78,028,207 | (1,190,000) | 423.602 | (64,805.211) | 12,456.598 |
| ------------- | ----------------- | ------------- | --------------- | -------------- | |
| Balance at 31 | |||||
| December 2015/ | |||||
| 1 January 2016 | 9.171.921 | - | 414.066 | 26.776 | 9.612.763 |
| Total loss | |||||
| Loss for the | - | - | - | (3.022) | (3.022) |
| period | |||||
| Other total loss | |||||
| Loss of revaluation | |||||
| at fair value of | |||||
| financial | |||||
| assets available for | - | - | (15.816) | - | (15.816) |
| sale | |||||
| -------------- | ---------------- | ------------- | -------------- | ------------- | |
| Balance at | |||||
| 30 June 2016 | 9.171.921 -------------- |
- ----------------- |
398.250 ------------- |
23.754 --------------- |
9.593.925 -------------- |
| 30.06.2015 | 30.06.2015 | |
|---|---|---|
| € | € | |
| Cash for operations | (72.354) | (2,487,294) |
| Tax paid | _____(1,639) | _____(1,901) |
| Total net cash for operations | _(73.993) | _(2,489,195) |
| Cash flow from investing activities | ||
| Interest received | - | - |
| Sale of investment in subsidiary company | ____- | __3,000,000 |
| Total net cash from investing activities | ____- | __3,000,000 |
| Cash flow for financing activities | ||
| Interest paid | ____- | ____- |
| Total net cash from financing activities | ____- | ____- |
| Net increase/(decrease) in cash and cash equivalents | (73.993) | 510,805 |
| Cash and cash equivalents at beginning of period | ___301.618 | ___646,825 |
| Cash and cash equivalents at end of period | ___227.625 | __1,157,630 |
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