Philoktimatiki Public LTD

Annual / Quarterly Financial Statement • Aug 9, 2013

FILOKTIMATIKI PUBLIC LIMITED

CONSOLIDATED INCOME STATEMENT

12 months ended December 31		ended June 30	6 months
2012		2013	2012 €
€		€
200.188	INCOME	235.062	60.695
(575.680)	Cost of sales	(212.373)	(101.096)
(375.492)	GROSS PROFIT / (LOSS)	22.689	(40.401)
(5.820)	Selling and distribution expenses	(3.824)	(4.867)
(369.404)	Administrative expenses	(213.388)	(176.352)
9.326	Other income	8.332	4.271
(741.390)	LOSS FROM OPERATIONS	(186.191)	(217.349)
(86.977)	Finance cost	(62.989)	(26.162)
1.482.774	Shares of (loss) / profit of associated company	(166.903)	30.535
654.407	LOSS BEFORE TAXATION	(416.083)	(212.976)
4.328	Taxation
658.735	LOSS FOR THE PERIOD	(416.083)	(212.976)
	Other total income
658.735	TOTAL LOSS FOR THE PERIOD	(416.083)	(212.976)
672.826	Attributable to:	(404.073)	(210.402)
(14.091)	Shareholders' interest Minority interest	(12.010)	(2.574)
658.735		(416.083)	(212.976)
14,00	Loss per share (cent) – basic	(8,41)	(4,38)
14,00	Loss per share (cent) – diluted	(8,41)	(4,38)

CONSOLIDATED BALANCE SHEET

	June 30, 2013 €	June 30, 2012 €
ASSETS
NON CURRENT ASSETS
Property, plant and equipment Investment in associated company	166.159 11.735.082	178.048 11.901.985
		12.080.033
	11.901.241
CURRENT ASSETS Stock and projects under construction	3.913.605	3.937.536
Trade and other receivables	87.996	99.151
Receivable from related parties	24.851	14.845
Tax receivable	9.373	9.373
Cash available and equivalent	2.194	6.813
	4.038.019	4.067.718
TOTAL ASSETS	15.939.260	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	8.312.786	8.716.858
	12.710.817	13.114.889
Minority interest	155.578	167.588
TOTAL EQUITY	12.866.395	13.282.477
NON-SHORT TERM LIABILITIES
Borrowing	615.996	1.024.988
SHORT TERM LIABILITIES
Payable to related parties	18.291	18.291
Other creditors and accruals Provisions	171.467 31.675	332.221 33.754
Borrowing	6.807	-
Borrowing from related parties Bank overdrafts	914.395 1.244.414	401.949 974.318
Current tax liabilities	69.820	69.820
Extraordinary defence contribution in calculated dividend distribution	-	9.933
	2.456.869	1.840.286
TOTAL LIABILITIES	3.072.865	2.865.274
TOTAL EQUITY AND LIABILITIES	15.939.260	16.147.751