Consolidated Statement of Profit and Loss Account and other Total Income for the year ended 31 December 2022

	2022	2021
Income	€	€
Credit dividends	2.844	-
Credit interest of bonds	5.098	-
Net gain from trading of financial assets at fair value
through profit and loss	65.111	2.352
Net gain / (loss) of fair value in financial assets at fair
value through profit and loss	268.027	(353.626)
Other operating income – proceeds from lawsuit	10.500	-
Loss from trading of financial assets	(3.955)	-
Total income	347.625	(351.274)
Expenses
Administrative expenses	(192.237)	(157.777)
Net gain/(loss) of impairment in assets and contractual
assets	3.202	(12.571)

Profit / (loss) from operations	158.590	(521.622)
Finance cost	(38.133)	(40.028)
Profit / (loss) before taxation	120.457	(561.650)
Taxation	(484)	-

Net profit / (loss) for the year	119.973	(561.650)
Other total income	-	-

Total profit / (loss) for the year	119.973	(561.650)
Total profit / (loss) for the year attributable to:
Parent company shareholders	119.973	(561.650)
Minority interest	-	-

Total profit / (loss) for the year	119.973	(561.650)

Profit / (loss) per share attributable to the
shareholders of the parent company (cents)	0.04	(0.19)

	2022	2021
ASSETS	€	€
Current assets
Investments in amortised cost	573.922	-
Non-current assets
Receivables	12.071	591
Financial assets at fair value through profit and loss	1.302.086	1.787.147
Cash and cash equivalents	1.338.306	1.460.142
	2.652.463	3.247.880
Total assets	3.226.385	3.247.880
EQUITY AND LIABILITIES
Equity
Share capital	8.644.229	8.644.229
Accumulated losses	(6.099.686)	(6.219.659)
Total equity	2.544.543	2.424.570

Current liabilities
Trade and other creditors	84.112	73.967
Borrowings	597.246	749.343
Current tax liabilities	484	-
	681.842	823.310
Total Equity and Liabilities	3.226.385	3.247.880

Consolidated Statement of Changes in Equity for the year ended 31 December 2022

	Equity attributable to the Company's shareholders
Share capital	Accumulated Losses	Total
€	€	€
8.664.229	(5.658.009)	2.986.220

-	(561.650)	(561.650)

8.644.229	(6.219.659)	2.424.570

-	119.973	119.973
		2.544.543
	8.644.229	(6.009.686)

	2022 €	2021 €
CASH FLOW FROM OPERATIONS
Profit / (loss) before taxation:	120.457	(561.650)
Adjustments for:
Loss/(profit) from sale of financial assets at fair value through
profit and loss	3.955	(2.352)
(Profit from reverse impairment)/charge for impairment in the
value of cash and cash equivalent Charge for impairment in the value of receivables	(3.203) 1	12.569 2
Credit dividends	(2.844)	-
Credit interest	(5.098)	-
Debit interest	38.133	40.028
	151.401	(511.403)
Changes in working capital:
Change in receivables	(11.481)	(583)
Change in financial assets at fair value through profit and
loss Change in trade and other creditors	481.106 10.145	435.099 20.829
Cash from/(for) operations	631.171	(56.058)

Interest received	5.098	-
Dividends received	2.844	-
Net cash from/(for) operations	639.113	(56.058)
CASH FLOW FROM INVESTING ACTIVITIES
Payment for purchase of financial assets at amortised cost	(573.922)	-
Net cash for investment activities	(573.922)	-

CASH FLOW FROM FINANCING ACTIVITIES
Interest paid	(38.133)	(40.028)
Net cash for financing activities	(38.133)	(40.028)
Net increase/(decrease) in cash and cash equivalents	27.058	(96.086)
Cash and cash equivalents at beginning of year	710.799	819.454
Gain from reverse impairment/(charge for impairment) in the
value of cash and cash equivalents	3.203	(12.569)
Cash and cash equivalents at end of year	741.060	710.799