K + G Complex Public Company LTD

Interim / Quarterly Report • Aug 6, 2015

K + G Complex Public Company Limited

Condensed interim consolidated statement of comprehensive income for the six months period ended 30 June 2015

	Note	30 June 2015 €	30 June 2014 €
Sales Cost of sales		1.159.000 (205.240)	- -
Gross profit		____ 953.760	____ -
Administrative expenses Selling and marketing costs Other income	6	(269.318) (93.113) 306.028	(318.988) (97.584) 278.069
Operating profit/(loss) Finance costs Share of profit/(loss) of associated companies	8 12	____ 897.357 (456.165) 33.442	____ (138.503) (495.805) (796.510)
Profit/(loss) before tax Income tax expenses		____ 474.634 (272)	____ (1.430.818) (2.484)
Profit/(loss) for the period		____ 474.362	____ (1.433.302)
Other comprehensive income for the period: Share of movement of reserves of associates	12	____ -	____ 1.216
Total comprehensive profit/(loss) for the period		____ 474.362	____ (1.432.086)
Profit/(loss) per share (cent per share): - Basic and fully diluted	10	========== 0,37 ==========	========== (1,11) ==========

The notes on pages 8 to 18 are an integral part of these condensed interim consolidated financial statements.

K + G Complex Public Company Limited

Condensed interim consolidated balance sheet as at 30 June 2015

	Σημ.	30 June 2015 €	31 December 2014 €
Assets
Non-current assets
Property, plant and equipment	11	25.392	30.104
Investments in associates	12	84.823.443	84.790.001
Non-current receivables	17(ε)	4.992.746 _____	4.840.335 _____
		89.841.581	89.660.440
Current assets		_____	_____
Inventory		6.778.378	6.963.118
Trade and other receivables		6.727.305	6.634.216
Tax refundable		92.981	92.981
Cash and cash equivalents	13	308 _____	61.065 _____
		13.598.972	13.751.380
Total assets		_____ 103.440.553 ===========	_____ 103.411.820 ===========
Equity and liabilities Capital and reserves
Share capital	14	21.859.647	21.859.647
Share premium	14	1.757.006	1.757.006
Reserve of changes in equity of associated company		(7.631.114)	(7.631.114)
Reserve arising on translation of share capital into Euro		86.014	86.014
Retained earnings		66.818.294	66.343.926
Total equity		__ 82.889.847 __	__ 82.415.479 __
Non-current liabilities
Borrowings	15	17.627.303	17.845.366
Deferred tax liabilities		19.700 _____	19.700 _____
		17.647.003 _____	17.865.066 _____
Current liabilities
Trade and other payables		358.895	361.198
Borrowings	15	2.544.808 _____	2.770.077 _____
		2.903.703 _____	3.131.275 _____
Total liabilities		20.550.706	20.996.341
Total equity and liabilties		_____ 103.440.553	_____ 103.411.820
		===========	===========

The notes on pages 8 to 18 are an integral part of these condensed interim consolidated financial statements.