Interim / Quarterly Report • Aug 29, 2014
Interim / Quarterly Report
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| Unaudited six months that ended |
|||
|---|---|---|---|
| Notes | 30/06/2014 € |
30/06/2013 € |
|
| Revenue | 1.315.638 | 1.345.909 | |
| Cost of sales | (744.765) | (714.856) | |
| Gross profit before depreciation | 570.873 | 631.053 | |
| Depreciation | (192.000) | (248.000) | |
| Gross Profit | 378.873 | 383.053 | |
| Other income | 4 | 92.593 | |
| Administration expenses | (78.624) | (80.032) | |
| Selling and distribution expenses | (17.786) | (18.593) | |
| Profit from operations | 282.463 | 377.021 | |
| Finance expenses | (345.441) | (413.275) | |
| Unrealised foreign exchange (loss)/gain | (130.694) | 293.270 | |
| Net finance expenses | (476.135) | (120.005) | |
| (Loss)/Profit before taxation | (193.672) | 257.016 | |
| Taxation | 5 | (22.000) | (21.500) |
| (Loss)/profit for the period | (215.672) | 235.516 | |
| Other comprehensive income for the period | |||
| Review of deferred tax on revaluation of land and buildings | 11 | 18.000 | 17.500 |
| Total other comprehensive (expenses)/ income for the period | (197.672) | 253.106 | |
| (Loss)/profit per share (cent) | 6 | (0.86) | 0.94 |
| ASSETS | Notes | Unaudited 30/06/2014 $\in$ |
Audited 31/12/2013 € |
|---|---|---|---|
| Non-current assets | |||
| Property, plant and equipment | $\tau$ | 54.361.211 | 54.330.707 |
| Current assets | |||
| Inventories Trade and other receivables Cash in hand |
8 | 59.873 6.956.787 1.500 |
13.810 6.488.301 |
| Total current assets | 7.018.160 | 6.502.111 | |
| Total assets | 61.379.371 | 60.832.818 | |
| EQUITY AND LIABILITIES | |||
| Share capital Reserves |
9 | 10.750.000 21.912.101 |
10.750.000 22.109.773 |
| Total equity | 32.662.101 | 32.859.773 | |
| Liabilities | |||
| Interest bearing loans and borrowings Deferred tax |
10 11 |
15.119.426 7.937.651 |
14.655.668 7.933.651 |
| Total non current liabilities | 23.057.077 | 22.859.319 | |
| Bank overdrafts Interest bearing loans and borrowings Trade and other payables Taxation |
8 10 12 |
357.598 1.311.235 3.851.705 139.655 |
493.416 1.313.108 3.437.547 139.655 |
| Total current liabilities | 5.660.193 | 5.383.726 | |
| Total liabilities | 28.717.270 | 27.973.045 | |
| Total equity and liabilities | 61.379.371 | 60.832.818 |
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