Demetra Holdings Plc

Earnings Release • Mar 6, 2023

DEMETRA HOLDINGS PLC

Preliminary Consolidated Financial Results of the Group for the year ended 31 December 2022

PRELIMINARY RESULTS

On 6 March 2023, the Board of Directors of Demetra Holdings Plc (the "Company") approved the preliminary consolidated financial results of the Group for the year ended 31 December 2022 as follows:

	2022 €	2021 €
Income
Income from dividends	749.394	609.275
Income from interest	218.282	203.697
Income from rents	968.191	1.015.674
Other income	-	17.984
Profit from sale and revaluation of land and property	-	3.601.007
Profit from financial assets at fair value through profit and loss	2.558.248	4.039.110
	4.494.115	9.486.747
Operating expenses	(1.559.724)	(1.338.963)
Loss from sale and revaluation of land and property	(658.632)	-
Reversal of provision of expected credit losses	103.596	5.766
Finance costs	(315.324)	(374.333)
Recognition of negative goodwill	2.104.764	43.205
Reversal of provision for share in loss from affiliates - Verendrya	54.027	30.981
Share in profit/(loss) from affiliates-Hellenic Bank	4.989.978	(2.453.968)
Profit before taxation	9.212.800	5.399.435
Taxation	(105.766)	(60.770)
Net profit for the year attributable to shareholders	9.107.034	5.338.665
Basic and fully diluted profit per share - cents	4.55	2.67
Net asset per share - cents	138.55	135.03