Philoktimatiki Public LTD

Consolidated income statement

	2013	2012
	€	€
Income	397.724	200.188
Cost of sales	(247.841)	(223.939)
Gross profit/(loss)	149.883	(23.751)
Selling and distribution expenses	(8.461)	(5.820)
Administrative expenses	(431.298)	(369.404)
Other income	27.387	9.326
Other losses	(620.862)	(351.741)
Loss from operations	(883.351)	(741.390)
Finance cost	(144.227)	(86.977)
Share of (loss)/profit of associated	(211.012)	1.482.774
company
(Loss)/profit before taxation	(1.238.590)	654.407
Taxation	■	4.328
(Loss)/profit for the year	(1.238.590)	658.735
Other total income	•	■
Total (loss)/income for the year	(1.238.590)	658.735
Attributable to:
Shareholders' interest	(1.215.100)	672.826
Minority interest	(23.490)	(14.091)
	(1.238.590)	658.735
(Loss)/earnings per share (cent) – basic	(25,29)	14,00
(Loss)/earnings per share (cent) – diluted	(25,29)	14,00

	2013 €	2012 €
ASSETS
NON CURRENT ASSETS
Property, plant and equipment Investment in associated company	153.716 11.166.493	178.048 11.901.985


	11.320.209	12.080.033

CURRENT ASSETS
Stock and projects under construction	3.296.579	3.937.536
Trade and other receivables	75.528	99.151
Receivable from related parties	565.726	14.845
Tax receivable Cash available and equivalent	9.373 759	9.373 6.813

	3.947.965	4.067.718
TOTAL ASSETS	15.268.174	16.147.751
EQUITY AND LIABILITIES
CAPITAL AND RESERVES
Share capital	4.084.128	4.084.128
Share premium	293.239	293.239
Reserve from redenomination of share capital in euros	20.664	20.664
Retained profits	7.501.758	8.716.858
	11.899.789	13.114.889
Minority interest	144.098	167.588
TOTAL EQUITY	12.043.887	13.282.477
NON-SHORT TERM LIABILITIES
Borrowing	456.927	1.024.988
SHORT TERM LIABILITIES
Payable to related parties	32.041	18.291
Other creditors and accruals	127.748	332.221
Provisions	2.101	33.754
Borrowing	1.054.624	401.949
Bank overdrafts	1.481.026	974.318
Current tax liabilities	69.820	69.820
Extraordinary defence contribution to calculated divided payment	-	9.933
	2.767.360	1.840.286
TOTAL LIABILITIES	3.224.287	2.865.274
TOTAL EQUITY AND LIABILITIES	15.268.174	16.147.751