Blue Island PLC

Interim / Quarterly Report • Sep 26, 2019

BLUE ISLAI\ID PLC

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

As at 30 June 2019

	30.06.19	31.12.18
	€	€
Assets
Property, plant and equipment	7.693.568	7.031.997
Intangible assets	720.055	723.997
Non-current biological assets	182.926	182.926
Deferred tax asset	95.600	95.600
Total non-current assets	8.692.t49	8.034.520
Inventories	1.264.69s	1.392.883
Current biological assets	10.116.986	10.203.140
Trade and other receivables	1.745.574	1.457 .327
Tax receivable	113.208	105.541
Cash and cash equivalents	235.330	57 5.665
Total current assets	13.475.793	13.734.556
Total assets	2W242	21.769.076
Equity
Share capital	2.624.430	2.624.430
Share premium	6.761.s80	6.761.580
Reserves	6.371.708	6.26t.r74
Total equity	15.757.7t8	15.647.184
Liabilities
Loans and borrowings	257.089	29.211
Trade and other payables	335.73r
Deferred income	489.282	s39.72s
Deferred tax liability	781.099	781.099
Total non-current liabilities	1.863.201	1.3s0.035
Current portion of long term loans	202.382	37.833
Bank overdraft	1.581.441	1.4t2.349
Trade and other payables	2.649.919	3.195.998
Deferred income	113.281	t25.677
Total current liabilities	4.547.023	4.77t.857
Total liabilities	6.4t0.224	6.121.892
Total equity and liabilities	22.167.942	21.769.076
	BLU

BLIIE ISLA\ID PLC

CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

For the period from 1 January until 30 June 2019

	30.06.19	30.06.18
	€	€
Revenue	11.326.906	11.050.8s1
Cost of sales	(7.169.333)	Q-ul_2o2)
Gross profit	4.157.573	3.773.649
Change in fair value of biological assets	(86.1s4)	199.301
Other operating income	100.511	96.017
Impairment loss on financial assets	(67.7e8)	(6.817)
Selling and distribution expenses	(2.969.2s9)	(2.ss3.222)
Administrative expenses	(71s.1 12)	(679.670)
Other operating expenses		(42.s00)
Operating profit	419.76t	786.758
Finance income	1.116	1.905
Finance expenses	(s1.189)	(38.961)
Net finance expenses	(s0.073)	r37.0s6')
Profit before tax	369.688	749.702
Tax	(73.901)	(102.632)
Profit for the period attributable to owners	295.787	647.070
Other comprehensive income for the period
Total comprehensive income for the period attributable to owners	___ -EsJg_	___ -547.3Z9-
Attributable to:
Owners of parent	295.787	647.070
Basic earnings per share (cents)