The Cyprus Cement Public Company LTD

Interim / Quarterly Report • Sep 16, 2025

THE CYPRUS CEMENT PUBLIC COMPANY LIMITED

Interim Condensed Consolidated Financial Statements

For the period from 1 January 2025 to 30 June 2025

Interim condensed consolidated statement of profit or loss and other comprehensive income for the period from 1 January 2025 to 30 June 2025

	30 June 2025 Unaudited €000	30 June 2024 Unaudited €000
Revenue Administrative expenses	193 (499)	228 (499)
Operating loss	___ (306)	___ (271)
Share of profit from investments accounted for using equity method	4.943	2.944
Profit before tax	___ 4.637	___ 2.673
Tax	-	-
Profit for the period	___ 4.637 =========	___ 2.673 =========
Other comprehensive income Share of reserves of investments accounted for using equity method	9	27
Total comprehensive income for the period	___ 4.646 =========	___ 2.700 =========
Profit per share attributable to the shareholders of the Company (cent per shares): Basic and fully distributed	3,38	1,95
	=========	=========

Interim condensed consolidated balance sheet at 30 June 2025

	30 June 2025 Unaudited €000	31 December 2024 Audited €000
Assets
Non-current assets
Property, plant and equipment	41	46
Investment property	323.933	323.421
Investments accounted for using the equity method	68.869 _____	63.916 _____
	392.843 _____	387.383 _____
Current assets
Financial assets at amortised cost	9.487	9.548
Other non-financial assets Cash and cash equivalents	611 7.190	571 9.201
	_____ 17.288	_____ 19.320
Total assets	_____ 410.131	_____ 406.703
	===========	===========
Equity and liabilities
Capital and reserves
Share capital	50.650	50.650
Own shares	(14)	-
Fair value reserve Revenue reserve	107.458 17.236	107.449 17.236
Other reserves	(15)	(15)
Retained earnings	177.333	175.583
Total equity	_____ 352.648	_____ 350.903
Non-current liabilities	_____	_____
Deferred tax liabilities	55.426 _____	55.426 _____
	55.426 _____	55.426 _____
Current liabilities
Trade and other payables	247	374
Dividends payable	1.810 _____	- _____
	2.057 _____	374 _____
Total liabilities	57.483	55.800
Total equity and liabilities	_____ 410.131	_____ 406.703
	===========	===========

Interim condensed consolidated statement of changes in equity for the period from 1 January 2025 until 30 June 2025

		Attributable to owners of the Company
	Share	Own	Fair value	Other	Revenue	Retained	Total
	Capital	shares	reserve	reserves	Reserve	Earnings	equity
	€000	€000	€000	€000	€000	€000	€000
Six months until 30 June 2025 Balance at 1 January 2025	50.650	-	107.450	17.236	(15)	175.583	350.903
Comprehensive income	__	__	__	__	____	___	____
Profit for the period	-	-	-	-	-	4.637	4.637
Other comprehensive income	__	___	__	__	____	___	____
Share of fair value reserves and other reserves of associated companies	-	-	9	-	-	-	9
Total other comprehensive income	__	___	__	__	____	___	____
	-	-	9	-	-	-	9
Total comprehensive income for the period	__	___	__	__	____	___	____
	-	-	9	-	-	4.637	4.646
Transactions with Company's owners Dividends declared from the profits of 2023 Purchase of own shares	__ - -	___ - (14)	__ - -	__ - -	____ - -	___ (2.888) -	____ (2.888) (14)
Total transactions	__	___	__	__	____	___	____
with Company's owners	-	(14)	-	-	-	(2.888)	(2.902)
Balance at 30 June 2024	__	___	__	__	____	___	____
(unaudited)	50.650	(14)	107.459	17.236	(15)	177.333	352.648
Six months until 30 June 2024	=========	==========	=========	=========	===========	==========	============
Balance at 1 January 2024	50.916	(266)	107.421	17.236	(15)	174.236	349.528
Comprehensive income	__	___	__	__	____	___	____
Profit for the period	-	-	-	-	-	2.673	2.673
Other comprehensive income	__	___	__	__	____	___	____
Share of fair value reserves and other reserves of associated companies	-	-	27	-	-	-	27
Total other comprehensive income	__	___	__	__	____	___	____
	-	-	27	-	-	-	27
Total comprehensive income for the period	__	___	__	__	____	___	____
	-	-	27	-	-	2.673	2.700
Transactions with Company's owners	__	___	__	__	____	___	____
Dividends declared from the profits of 2022	-	-	-	-	-	(2.743)	(2.743)
Cancellation of own shares	(266)	266	-	-	-	-	-
Total transactions	__	___	__	__	____	___	____
with Company's owners	(266)	266	-	-	-	(2.743)	(2.743)
Balance at 30 June 2024	__	___	__	__	____	___	____
(unaudited)	50.650	-	107.448	17.236	(15)	174.166	349.485
	=========	=========	==========	=========	===========	==========	===========

Interim condensed consolidated statement of cash flows for the period from 1 January 2025 until 30 June 2025

	30 June 2025 Unaudited €000	30 June 2024 Unaudited €000
Cash flows from operating activities Cash used in operations	(636)	(540)
Net cash used in operating activities	____ (636)	____ (540)
	____	____
Cash flows from investing activities Dividends received	-	13
Loans granted to related companies Proceeds from the disposal of financial assets at fair value	(880)	(1.460)
through profit or loss	-	534
Additions of investment property Interest received	(512) 31	(1.020) 29
Net cash used in investing activities	_ (1.361) _	_ (1.904) _
Cash flows from financing activities Purchase of own shares	(14)	-
	____	____
Net cash from financing activities	(14) ____	- ____
Net decrease in cash and cash equivalents	(2.011)	(2.444)
Cash and cash equivalents at the beginning of period	9.201	10.158
Cash and cash equivalents at the end of period	____ 7.190	____ 7.714
	==========	==========