K + G Complex Public Company LTD

Interim / Quarterly Report • Aug 29, 2014

K + G COMPLEX PUBLIC COMPANY LIMITED

CONSOLIDATED PROFIT AND LOSS ACCOUNT

Six months ended June 30, 2014

	June 30, 2014 €	June 30, 2013 €
Administrative expenses Selling and distribution expenses Impairment of bank deposits Other income - net	(318.988) (97.584) - 278.069	(312.446) (85.226) (688.195) 254.732
Loss from operations Finance cost	(138.503) (495.805)	(831.135) (444.520)
Share of loss of associated companies	(796.510)	(1.687.025)
Loss before taxation	(1.430.818)	(2.962.680)
Taxation	(2.484)	(14.220)
Loss for the period	(1.433.302)	(2.976.900)
Other total losses for the period
Share of reserves of associated companies	1.216	-
Total losses for the period	(1.432.086)	(2.976.900)
	cents	cents
Loss share -Basic and fully diluted	(1,11)	(2,98)

K + G COMPLEX PUBLIC COMPANY LIMITED CONSOLIDATED BALANCE SHEET AS AT JUNE 30, 2014

	June 30, 2014 €	December 31, 2013 €
ASSETS
Non current assets
Property, plant and equipment Investments in associated companies Non-current receivables	34.816 84.424.280 4.636.506 89.095.602	40.311 85.219.574 3.832.513 89.092.398
Current assets
Financial assets available for sale Stock Trade and other debtors Tax receivable Cash available and equivalents	- 6.963.118 6.268.828 92.982 306.439	158.285 6.963.118 6.959.314 92.988 969.086
Total assets	13.631.367 102.726.969	15.142.791 104.235.189
EQUITY AND LIABILITIES
Capital and reserves Share capital Share premium Equity reserve of associated company Reserve for redenomination of share capital in euros Retained profits	21.859.647 1.757.006 (7.656.472) 86.014 66.687.744	21.859.647 1.757.006 (7.657.688) 86.014 68.121.046
Total equity	82.733.939	84.166.025
Non current liabilities
Borrowing Deferred tax liabilities	17.275.008 19.700	17.737.900 19.700
	17.294.708		17.757.600
Current liabilities
Trade and other creditors Borrowing	389.933 2.308.389 2.698.322	511.382 1.800.182 2.311.564
Total liabilities	19.993.030	20.069.164

Total equity and liabilities 102.726.969 104.235.189