Philoktimatiki Public LTD

CONSOLIDATED INCOME STATEMENT

	2014 €	2013 €
INCOME Cost of sales	782.045 (752.794)	235.062 (212.373)
GROSS PROFIT Selling and distribution expenses Administrative expenses Other income Other losses	29.251 (13.559) (194.295) 160	22.689 (3.824) (213.388) 8.332
LOSS FROM OPERATIONS Finance cost Share of profit / (loss) of associated company	(178.443) (74.197) 21.786	(186.191) (62.989) (166.903)
LOSS BEFORE TAXATION Taxation	(230.854)	(416.083)
LOSS FOR THE YEAR Other total income	(230.854)	(416.083)
TOTAL LOSS FOR THE PERIOD	(230.854)	(416.083)
Attributable to: Shareholders' interest Minority interest	(221.203) (9.651) (230.854)	(404.073) (12.010) (416.083)
Loss per share (cent) - basic	(4,60)	(8,41)
Loss per share (cent) – diluted	(4,60)	(8,41)

	June 30 2014	December 31 2013
	€	€
ASSETS	145.351	153.716
NON CURRENT ASSETS	11.188.279	11.166.493
Property, plant and equipment
Investment in associated company	11.333.630	11.320.209
CURRENT ASSETS	2.714.877	3.296.579
Stock and projects in progress	68.136	75.528
Trade and other receivables	493.663
Receivables from related companies		565.726
Tax receivable	9.373 300
Cash available and equivalent		9.373 759
	3.286.349
		3.947.965
TOTAL ASSETS	14.619.979	15.268.174

EQUITY AND LIABILITIES
Capital and reserves Share capital	4.084.128	4.084.128
Share premium	293.239	293.239
Reserve from conversion of share capital in euros	20.664	20.664
	7.279.841	7.501.758
Retained profits	11.677.872	11.899.789
	134.210	144.098
Minority interest
TOTAL EQUITY	11.812.082	12.043.887
LONG TERM LIABILITIES	1.273.012	456.927
Borrowing
SHORT TERM LIABILITIES	32.525	32.041
Amounts due to related companies	255.938	127.748
Other creditors and accruals	2.615	2.101
Provisions	60.944	1.054.624
Borrowing	1.113.043	1.481.026
Bank overdrafts Current tax liabilities	69.820	69.820
TOTAL SHORT TERM LIABILITIES	1.534.885	2.767.360
TOTAL LIABILITIES	2.807.897	3.224.287
TOTAL EQUITY AND LIABILITIES	14.619.979	15.268.174