Ellinas Finance Public Company LTD

Interim / Quarterly Report • Aug 4, 2015

Ellinas Finance Public Company Ltd

CONSOLIDATED FINANCIAL STATEMENT FOR THE SIX MONTHS PERIOD ENDED 30 JUNE 2015

CONTENTS	Page
Consolidated statement of profit or loss and other comprehensive income	1
Consolidated statement of financial position	2
Consolidated statement of changes in equity	3

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

For the period ended 30 June 2015

		30/06/2015	30/06/2014
	Note	€	€
Revenue		392,048	386,375
Net recovery/(provision) for bad debts		3,665	( 8,150)
Staff cost		( 165,562)	( 154,837)
Depreciation		( 15,842)	( 15,949)
Other operating income		4,719	4,052
Administration and other expenses		( 142,568)	( 144,579)
Operating profit before net finance income		76,460	66,912
Finance income		4,490	16,720
Finance expense		( 2,288)	( 3,586)
Net finance income		2,202	13,134
Net (loss)/gain from investing activities		( 15,049)	1,349
Profit before tax		63,613	81,395
Tax		( 2,119)	( 5,766)
Profit for the period		61,494	75,629
Basic earnings per share (cent)		0.38	0.47

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

As at 30 June 2015

		30/06/2015	31/12/2014
	Note	€	€
Non-current assets
Property, plant and equipment		55,880	53,917
Investment properties		819,311	830,400
Intangible assets		-	-
Held-to-maturity investments		-	8,944
Available-for-sale financial assets		247,754	218,791
Total non-current assets		1,122,945	1,112,052
Current assets
Trade and other receivables		5,891,333	5,413,511
Financial assets at fair value through profit or loss		107,372	120,408
Refundable tax		96,736	96,620
Cash and cash equivalents		2,196,028	2,517,208
Total current assets		8,291,469	8,147,747
Total assets		9,414,414	9,259,799
Equity
Share capital		9,920,000	9,920,000
Retained earnings		( 1,089,452)	( 1,150,946)
Total equity attributable to equity holders		8,830,548	8,769,054
Current liabilities
Trade and other payables		583,866	490,745
Total current liabilities		583,866	490,745
Total equity and liabilities		9,414,414	9,259,799

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

For the period ended 30 June 2015

Share Capital	Retained earnings	Total
€	€	€
		8,618,708
-	75,629	75,629
9,920,000	( 1,225,663)	8,694,337
		8,769,054
		61,494
9,920,000	( 1,089,452)	8,830,548
	9,920,000 9,920,000 -	( 1,301,292) ( 1,150,946) 61,494