Philoktimatiki Public LTD

Annual / Quarterly Financial Statement • Jan 30, 2015

Consolidated income statement

For the period ended December 31, 2014 - Unaudited

	2014	2013
	€	€
Income	2.634.847	397.724
Cost of sales	-2.368.631	-247.841
Gross profit	266.216	149.883
Selling and distribution expenses	-47.907	-8.461
Administrative expenses	-395.605	-431.298
Other income	3.157	27.387
Other losses	-	-620.862
Loss from operations	-174.139	-883.351
Finance cost	-140.428	-144.227
Share of loss of associated company	-390.396	-211.012
Loss before taxation	-704.963	-1.238.590
Taxation	-4.584	-
Loss for the year	-709.547	-1.238.590
Other total income	-	-
Total loss for the year	-709.547	-1.238.590
Attributable to:
Shareholders' interest	-722.684	-1.215.100
Minority interest	13.062	-23.490
	-709.622	-1.238.590
Loss per share (cent)-basic	-15,04	-25,29
Loss per share (cen)) - diluted	-15,04	-25,29

Consolidated balance sheet as at December 31, 2014 - Unaudied

	2014	2013
Assets
Non current assets
Property, plant and equipment	136.442	153.716
Investment in associated company	10.728.417	11.166.493
	10.864.859	11.320.209
Current assets	1.168.426	3.296.579
Stock and work in progress		75.528
Trade and other debtors	502.344
Receivables from related parties	541.104	565.726
Tax receivable	9.373	9.373
Cash available and equivalent		759
	101.088
	2.322.335	3.947.965
Total assets	13.187.194	15.268.174
Equity and liabilities	4.084.128	4.084.128
Capital and reserves		293.239
Share capital	293.239
Share premium	20.664	20.664
Reserve from conversion of share capital in euros	6.764.708	7.501.758
Retained profits
Minority interest		11.899.789
	11.162.739	144.098
	91.923
Total equity	11.254.662	12.043.887
Long term liabilities
Borrowing		456.927
Short term liabilities	83.291	32.041
Payables to related parties
Other creditors and accruals	255.035	127.748
Provisions
Borrowing	2.028	2.101
Bank overdrafts	-
Current tax liabilities Extraordinary contribution for defence calculated in dividend payment		1.054.624
	1.490.086	1.481.026
	74.404	69.820
	27.688	-

	1.932.532	2.767.360
Total liabilities	1.932.532	3.224.287
Total equity and liabilities	13.187.194	15.268.174