Agros Development Company "Proodos" Public LTD

STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

	January 1 2017 to June 30 2017	January 1 2016 to June 30 2016
	€	€
Turnover	13.103	975.068
Cost of sales	(7.152)	(748.816)
Gross profit	5.951	226.252
Administrative and selling expenses	(39.793)	(130.970)
Depreciation	(84.236)	(91.065)
Other operating expenses	(28.945)	(57.259)
(Loss) / Profit from operations
Before net finance cost	(147.023)	(53.042)
Finance income	-	1
Finance cost	(68.191)	( 73.449)
Net finance cost	(68.191)	( 73.448)
(Loss) / profit before taxation	(215.214)	(126.490)
Taxation	(21.891)	(19.550)
(Loss) / profit attributable to shareholders	(237.105)	(146.040)
Other total income
Diminution in deferred taxation in revaluation of land	26	(501)
Total income for the period/year	(237.079)	(146.541)
Basic and fully diluted (loss) /
Earnings per share (cent)	(6,60)	(4,07)

	June 30 2017	December 31 2016

Property, plant and equipment	10.757.619	10.838.105
Total non current assets	10.757.619	10.838.105
Property for sale and development	549.315	549.315
Investments available for sale Stock	11 13.798	11 13.798
Trade and other amounts receivable	43.604	57.956
Cash in hand and at bank	-	9.452
Total current assets	606.728	630.532
Total assets	11.364.347	11.468.637
Equity and liabilities
Share capital	6.139.268	6.139.268
Reserves	951.278	1.188.357
Total equity	7.090.546	7.327.625
Non short term liabilities
Deferred tax liabilities	1.269.597	1.247.732
Installments of long term loans	2.135.789	2.128.086
Total non current liabilities	3.405.386	3.375.818
Current liabilities
Bank overdrafts	605.266	510.485
Current installments of long term loans	206.906	201.499
Trade and other amounts payable	50.013	47.132
Current tax liabilities	264	112
Payable dividends	5.966	5.966
Total current liabilities	868.415	765.194
Total liabilities	4.273.801	4.141.012
Total equity and liabilities	11.364.347	11.468.637