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Dome Investments Public Company LTD

Earnings Release Feb 27, 2015

2464_er_2015-02-27_11a17789-71a2-440d-8281-25a7e8a528f7.pdf

Earnings Release

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DOME INVESTMENTS PUBLIC COMPANY LTD

INDICATIVE RESULTS AND EXPLANATORY STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2014

INDICATIVE RESULTS
UNAUDITED
2014
AUDITED
2013
Turnover 4 658 436 4.736.183
Profit before taxation 343.388 693.110
Taxation (42.601) (166.835)
Profit for the year 300.787 526.275
Profit per share (cent) 1,20 2,11
Unrealised foreign exchange (loss)/gain (280.537) 238.683

Notes:

    1. The indicative results were prepared using the same accounting standards as the annual financial statements for the year ended 31 December 2013.
    1. The indicative results have not been audited by the external auditors of the Company.
    1. Copies of the indicative results and the explanatory statement will be available at the head office of the parent, A. Tsokkos Hotels Public Ltd, in Paralimni.
    1. The average number of shares used in the calculation of loss per share as at 31 December 2014 is 25.000.000 (31 December 2013: 25.000.000).

DOME INVESTMENTS PUBLIC COMPANY ITD

EXPLANATORY STATEMENT 2014

    1. The Board of Directors, of DOME INVESTMENTS PUBLIC COMPANY LTD. during a meeting held on 26 February 2015 examined and approved the indicative results and the explanatory statement of the company for the year ended 31 December 2014.
    1. Turnover in 2014 was €4.658.436 compared to €4.736.183 in 2013, showing a decrease of €77.747 (2%).
    1. The unrealized foreign exchange loss for 2014 was €280.537 compared to gain of €238.683 for 2013. The unrealized foreign exchange loss is due to the fluctuation of the Swiss Franc against the Euro as at 31 December 2014.
    1. Net profit after tax for the year was €300.787 compared to net profit of €526.275 for 2013. The main reason for the decrease in net profit is the unrealized foreign exchange loss of €280.537 in 2014 when compared to a profit of €238.683 last year.
    1. Taking into account the current economic situation in the Eurozone and Russia, the Board of Directors assesses that the 2015 results may have fluctuations that are very difficult to predict. Amidst this climate of uncertainty the Board is taking steps to secure the healthy cashflow of the company and keep the costs down.
    1. The indicative results and the explanatory statement will be sent to the shareholders and they will be available on the company's website, www.tsokkos.com. Investors can get a copy of the indicative results and the explanatory statement, at no charge, from the company's registered office at DOME Hotel, Makronisos, Agia Napa and the company's head officeofthe parent company, A. Tsokkos Hotels Public Ltd, in Paralimni, tel 23-848000.

The Board of Directors of Dome Investments Public Company Ltd

Agia Napa, 26 February 2015

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