Lordos United Public LTD

CONSOLIDATED PROFIT AND LOSS ACCOUNT Period from January 1 to June 30, 2014

	01/01/2014 - 30/06/2014 €	01/01/2013 - 30/06/2013 €
Turnover Cost of sales	9.694.861 (7.198.330)	8.418.972 (7.472.625)
Gross profit	2.496.531	946.347
Other income Selling and distribution expenses Administrative expenses Loss from sale of property, plant and equipment	16.911 (1.673.504) (572.583)	13.040 (1.211.165) (485.764) (28.490)
Profit/(loss) from operations	267.355	(766.032)
Net finance cost Share of profit of associated companies before tax	(278.099) (32.480)	(309.146) 16.415
Loss before tax	(43.224)	(1.058.763)
Tax	(28.844)	49.376
Net loss for the period	(72.068)	(1.009.387)
Other total income	-	-
Total income for the period	(72.068)	(1.009.387)
Net loss for the period attributable to: Shareholders of parent company Non-controlling interests	(67.406) (4.662)	(1.002.793) (6.594)
Net loss for the period	(72.068)	(1.009.387)
Loss per share attributable to shareholders of parent company (cent)	(0,14)	(2,09)

June 30, 2014	30/06/2014	31/12/2013
	€	€
ASSETS
Non current assets	6.460.314	6.895.884
Property, plant and equipment	9.519.424	9.450.760
Investment property	76.887	76.887
Intangible assets	295.077	327.557
Investments in associated companies	5.126	5.126
Financial assets available for sale
	16.356.828	16.756.214
Current assets
Stock	7.336.863	6.946.429
Trade and other debtors	8.941.281	8.777.156
Tax refundable	65.548	70.617
Cash in hand and at bank	228.270	471.716
	16.571.962	16.265.918
Total assets	32.928.790	33.022.132
EQUITY AND LIABILITIES
Equity
Share capital	16.802.178	16.802.178
Share premium	2.811.191	2.811.191
Other reserves	(75.542)	(119.549)
Accumulated profits	1.661.213	1.728.619
	21.199.040	21.222.439
Non-controlling interests	(37.345)	(32.683)
Total equity	21.161.695	21.189.756
Non short-term liabilities		985.917
Borrowing	899.272	9.396
Liabilities from finance lease		602.539
Deferred tax liabilities	-
	634.267
	1.533.539	1.597.852
Short term liabilities	2.709.643	2.517.461
Trade and other creditors	7.495.746	7.660.211
Borrowing	28.167	56.852
Liabilities from finance lease
	10.233.556	10.234.524
Total liabilities	11.767.095	11.832.376

Total equity and liabilities 32.928.790 33.022.132