Ch. Charilaou Group Plc

CONSOLIDATED PROFIT AND LOSS ACCOUNT Year ended December 31, 2014

	2014 €	2013 €
Income	1.911.213	1.758.791
Cost of sales	(1.229.314)	(1.130.826)
Gross profit	681.899	627.965
Other income	47.629	57.352
Loss from investment activities Selling and distribution expenses Administrative expenses Other expenses	(454.552) (42.111) (391.290) -	(301.135) (102.506) (394.125) (33.000)
Loss from operations	(158.425)	(145.449)
Net finance cost	(13.935)	(12.793)
Loss before taxation	(172.360)	(158.242)
Taxation	(45.137)	(27.137)
Net loss for the year	(217.497)	Π 85.379)
Loss per share attributable to shareholders of the parent
company (cent)	(0,10)	Γ0.09)

	2014	2013
Assets	€	€
Non current assets
Property, plant and equipment	66.018	80.941
Intangible assets	487.656	505.091
Investments in related companies	-	257

	553.674	586.289

Current assets
Stock	180.250	103.653
Trade and other debtors Financial assets at fair value via the results	979.355 154.740	434.363 609.035
Cash in hand and at bank	598.375	934.032
	1.912.720	2.081.083

Total assets	2.466.394	2.667.372
Equity and liabilities
Equity
Share capital	362.430	362.430
Accumulated profits	1.199.333	1.416.830
	1.561.763	1.779.260

Non short term liabilities
Borrowing	42.726	55.261
	42.726	55.261

Short term liabilities
Trade and other creditors Bank overdrafts	682.046 111.610	714.522 -
Borrowing	22.500	22.500
Current tax liabilities	45.749	95.829
	861.905	832.851

Total liabilities	904.631	888.851
Total equity and liabilities	2.466.394	2.667.372