Philoktimatiki Public LTD

Annual / Quarterly Financial Statement • Apr 3, 2015

Consolidated income statement

	2014	2013
	€	€
Income	1.034.304	240.554
Cost of sales	-993.226	-166.047
Gross profit	41.078	74.507
Selling and distribution expenses	-19.907	-7.636
Administrative expenses	-261.274	-199.410
Other income Other losses	246.358 -35.045	526.597 -620.862
Loss from operations	-28.790	-226.804
Finance cost	-93.547	-99.958
Loss before taxation	-122.337	-326.762
Taxation	-	-
Loss for the year	-122.337	-326.762
Other total income	-	-
Total loss for the year	-122.337	-326.762
Loss per share (cent) - basic	-2.55	-6.80
Loss per share (cent) – diluted	-2.55	-6.80

Consolidated balance sheet

	2014	2013
	€	€
Assets		153.716
Non current assets	136.442	11.166.493
Property, plant and equipment Investment in associated company
	10.728.417
	10.864.859	11.320.209
Current assets
Stock and projects in progress	1.168.427	3.296.579
Trade and other debtors	502.344	75.528
Receivables from related companies	541.105	565.726
Tax receivable	9.373	9.373
Cash available and equivalent	101.088	759
	2.322.337	3.947.965
Total assets	13.187.196	15.268.174
Equity and liabilities
Capital and reserves
Share capital	4.084.128	4.084.128
Share premium	293.239	293.239
Reserve from conversion of share capital in euros	20.664	20.664
Retained profits	6.764.710	7.501.758
Minority interest	11.162.741	11.899.789
	91.923	144.098
Total equity	11.254.664	12.043.887
Long term liabilities Borrowing	-	456.927
Short term liabilities Payable to related companies	83.292	32.041
Other creditors, payable and accrued expenses	255.037	127.748
Provisions	2.028	2.101
Borrowing	-	1.054.624
Bank overdrafts	1.490.087	1.481.026
Current tax liabilities	102.088	69.820
Total short-term liabilities	1.932.632	2.767.360
Total liabilities	1.932.532	3.224.287
Total equity and liabilities	13.187.196	15.268.174