Atlantis SE

Quarterly Report • Feb 24, 2020

A T L A N T I S SE

CONDENSED FINANCIAL STATEMENTS

FOR 12 MONTHS

ENDED ON DECEMBER 31, 2019

PREPARED IN ACCORDANCE WITH INTERNATIONAL FINANCIAL REPORTING STANDARDS

Tallinn, 24/02/2020

Condensed interim financial statement for 12 months ended on December 31, 2019 (in EUR thous.)

TABLE OF CONTENS

Statement of financial position………………………………….……….3
Income statement………………….……………………….………….….4
Statement of changes in equity…………………………………5
Cash flows statement………………………….……………6
1. General information…………………………………….…7

1. Selected financial data... ………………………………………………..7

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION	December 31, 2019 unaudited in EUR thous.	Rok 2018 badane w tys. EUR
A s s e t s
I. Fixed assets	12 288	3 802
Long-term financial assets	12 288	3 515
Long-term accruals and prepayments	0	8
II. Current assets	330	8 483
Short-term receivables	320	224
Short-term financial assets	0	8 253
Cash and cash equivalents	10	2
Short-term accruals and prepayments	0	4
A s s e t s t o t a l	12 618	12 285
L i a b i l i t i e s
I. Equity	12 034	11 604
Share capital	2 750	2 750
Supplementary capital	32 594	32 594
Revaluation capital	-11 812	-11 812
Other reserve capital	473	473
Exchange differences	-3 029	-481
Profit / (loss) from the previous years and the current year	-8 942	-11 916
II. Long-term liabilities	0	41
Deffered tax provision	0	8
III. Short-term liabilities	584	640
Trade liabilities	18	45
Credits and loans	5	52
Other liabilities	561	540
Short-term provisions	0	3
L i a b i l i t i e s t o t a l	12 618	12 285

	12 months ended on 31/12/2019 in EUR thous.	year 2018 audited in. EUR thous.
I. Revenue from sales of products, goods and materials	146	139
II. Cost of products, goods and materials sold	5	0
III. Gross profit (loss) on sale (I-II)	141	139
IV. Selling costs	0	0
V. General and administrative expenses	52	-255
VI. Other operating revenues	19	4
VII. Other operating costs	168	-218
VIII. Profit (loss) on operating activity	-59	-330
IX. Financial revenues	411	438
X. Financial costs	41	-91
XI. Pre-tax profit	311	18
XII. Income tax	0	0
XIII. Net profit (loss)	311	-2 921

CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY	12 months ended on 31/12/2019 in EUR thous.	year 2018 audited in. EUR thous.
Opening balance of equity	11604	18 170
Opening balance of equity after reconciliation
to comparable data	11604	18 170
Opening balance of share capital	2750	2 750
Changes in the share capital	0
a) increases (due to)	0
b) decreases (due to)	0
- reduction of the nominal value of shares	0
- ecxchange differences	0
Closing balance of share capital	2750	2 750
Opening balance of supplementary capital	32594	32 594
Changes in supplementary capital	0	0
a) increases (due to)	0	0
b) decreases (due to)	0	0
Closing balance of supplementary capital	32594	32 594
Opening balance of revaluation capital	-11812	-8 673
Changes in revaluation capital	0	-3 139
a) increase (due to)	0	0
b) decreases (due to)	0	-3 139
Closing balance of revaluation capital	-11812	-11 812
Opening balance of capital from merger of entities	0	0
Changes in capital from merger of entities	0	-4
a) increase (due to)	0	-4
- merger of entities	0	-4
Closing balance of capital from merger of entities	0	-4
Opening balance of other reserve capitals	473	233
Changes in other reserve capitals	0	233
a) increases (due to)	0	240
- reduction of the share capital	0	240
Closing balance of other reserve capitals	473	473
Opening balance of profit / (loss) of previous years and the
current year	-9256	-8 995
increase (due to)	314	-2 921
a) profit/loss for the period	314	-2 921
decrease
Closing balance of profit / (loss) of previous years and the current
year	-8942	-11 916
Exchange differences	116	-481
Closing balance of equity	12034	11 604

	12 months ended on	year 2018
CONDENSED INTERIM CASH FLOWS	31/12/2019	audited
STATEMENT		in. EUR thous.
	in EUR thous.
Operating activity
I. Gross profit (loss)	311	-2 921
II. Adjustments total	298	2 855
Interest and contribution in profit (dividends)	-411	7
Change in the balance of provision	-8	0
Change in the balance of receivables	-89	1 503
Change in the balance of liabilities	-185	-1 477
Change in the balance of accruals and prepayments	-3	2
Other adjustments	966	77
I. Net cash flow on operating activity	609	-66
Investment activity
I. Inflows from investment activity	9623	5 297
Received interest	431	22
Received repayments of short-term loans	9192	4 871
II. Expenses due to investment activity	11439	13 974
Expenses for acquisition of financial assets	0	0
Loans granted	11439	13 486
II. Net cash flow on investment activity	-1816	-8 677
Financial activity
I. Inflows	1213	13 335
Credits and loans II. Expenses due to financial activity	1213 0	8 648 4 687
Repayment of credits and loans	0	4 687
Interest	0	0
III. Net cash flow on financial activity	1213	8 648
Net cash flows, total (I+/-II+/-III)	6	-95
Balance sheet change in cash	6	97
Opening balance of cash	4	99
Exchange differences	0	-2
Closing balance of cash	10	2

Condensed interim financial statement for 12 months ended on December 31, 2019 (in EUR thous.)

GENERAL INFORMATION

Beginning of the financial year: January 1, 2019 End of the financial yearo: June 30, 2020 Registry code: 14633855 Address: Harju maakond, Tallinn, Kesklinna linnaosa, Tornimäe tn 5, 10145 E-mail: biuro@atlantis-sa.pl Website: www.atlantis-sa.pl The main economic activity: As at 31/12/2019 the main economic activity registered in the Republic of Estonia is 'holding company activities'. Supervisory Board: Małgorzata Patrowicz, Jacek Koralewski, Martyna Patrowicz, Wojciech Hetkowski Management Board: Damian Patrowicz

SELECTED FINANCIAL DATA in EUR thous.

	Twelve months ended on December 31
	2019	2018
Revenue from sales of products, goods and materials	146	139
Profit (loss) on operating activity	-59	-330
Pre-tax proft (loss)	311	18
Net cash flow on operating activity	609	-66
Net cash flow on investment activity	-1 816	-8 677
Net cash flow on financial activity	1 213	8 648
Change in the balance of cash and cash equivalents	6	97
Assets total	12 618	12 285
Short-term liabilities	584	640
Share capital	2 750	2 750
Average diluted number of shares (pcs.)	25 000 000	25 000 000
Profit (loss) per one share ( / EUR)	0,01	-0,12
Book value per share ( / EUR)	0,49	0,47

Tallinn, February 24, 2020 Signatures of the Management Board

name and surname position/function

Damian Patrowicz Chairman of the Management Board