LCP Holdings and Investments Public LTD

Earnings Release • May 31, 2013

LAIKI CAPITAL PUBLIC CO LTD

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS PERIOD ENDED 31 MARCH 2013

LAIKI CAPITAL PUBLIC CO LTD

CONDENSED INTERIM CONSOLIDATED INCOME STATEMENT

	For the three months period
	ended
	31.03.2013	31.03.2012
	€	€
Brokerage commissions, fees from financial services	293.745	943.248
Net interest income	334.803	360.392
Other Income	863	15.657
	629.411	1.319.297
Administrative Expenses	(700.200)	(1.195.090)
Loss on revaluation and sale of financial assets at fair value through profit and loss	(76.395)	(5.026)
Impairment of available for sale financial assets	(113.987)	(103.960)
Impairment of cash balances and cash equivalents	(27.621.699)	-
(Loss)/profit before taxation	(27.882.870)	15.252
Taxation	(536)	(3.874)
(Loss)/profit for the period attributable to shareholders	(27.883.406)	11.378
(Loss)/profit per share attributable to shareholders (cents)	(9,880)	0,004

LAIKI CAPITAL PUBLIC CO LTD

CONDENSED INTERIM CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2013

	31.03.2012	31.12.2012
ASSETS	€	€
Non-Current Assets
Intangible assets	133.404	144.167
Property, plant and equipment	9.055.339	9.073.986
Investment property	1.131.000	1.131.000
Loans receivable	85.380	85.380
Available for sale financial assets	966.389	966.389
Trade and other receivables	765.028	768.887
	12.136.540	12.169.809
Current Assets
Available for sale financial assets	688.292	773.875
Trade and other receivables	1.583.462	1.594.057
Financial assets at fair value through profit and loss	278.042	318.460
Current income tax assets	12.810	13.544
Cash and cash equivalents	1.038.292	28.851.067
	3.600.898	31.551.003
Total Assets	15.737.438	43.720.812
Equity and Liabilities
Capital and Reserves
Share Capital	78.028.207	78.028.207
Treasury shares	(1.190.000)	(1.190.000)
Other reserves	399.442	371.038
Accumulated losses	(62.414.835)	(34.531.429)
Total Equity	14.822.814	42.677.816
Non-Current Liabilities
Borrowing	85.380	85.380
Deferred tax liabilities	282.328	282.328
	367.708	367.708
Current Liabilities
Other payables	445.817	573.551
Current tax liabilities	101.099	101.737
	546.916	675.288
Total Liabilities	914.624	1.042.996
Total Equity and Liabilities	15.737.438	43.720.812