Louis PLC

Annual / Quarterly Financial Statement • Nov 27, 2014

CONSOLIDATED PROFIT AND LOSS ACCOUNT

Income	192.611	172.770
Operating, administrative and selling expenses	(82.569)	(79.596)
Staff cost	(46.903)	(42.017)
	(129.472)	(121.613)
Operating profit before interests, taxes, depreciations and hotel rents	63.139	51.157
Hotel rents payable Depreciations	(7.102)	(6.405)
Amortizations	(19.424)	(18.282)
	(285)	(286)
Profit from operations	36.328	26.184
Finance income	1.912	858
Finance cost	(18.720)	(18.352)
Net finance cost	(16.808)	(17.494)
Profit from operations after net finance cost	19.520	8.690
Net exchange (loss)/profit
(Loss)/profit from sale of ships, property, plant and equipment	(4.593)
Share of (loss)/profit of from investments recognized with the equity method	(6)	1.097
Loss from write-off of assets Profit from creditor repayment	(2.872)	17
	-
	645	51
		(2.215)
		-
Profit before taxation Taxation	(12.694) 3.295	7.640 (4.715)
Profit for the period	15.989	2.925
Profit for the period attributable to: Owners of the Company Minority interest	15.946 43	2.911 14

Profit for the period	15.989	2.925
Basic and fully diluted earnings per share (cent)	3,46 _____	0,63

CONSOLIDATED BALANCE SHEET

	Unaudited	Audited 31/12/2013 €'000
	30/09/2014 €'000
Assets
Ship, property, plant and equipment	477.841	443.362
Hotel lease	21.741	22.259
Amounts due from related companies	48.907	47.803
Other assets	740	692
Investments recognized with the equity method	15.973	15.164
Total current assets	565.202	529.280
Stock	10.555	8.656
Trade and other debtors	48.685	48.702
Amounts due from related companies	11.683	12.001
Blocked bank deposits	9.495	8.178
Cash and cash equivalent	34.176	10.449
Non current assets held for sale	-	34.600
Current assets	114.594	122.586
Total assets	679.796	651.866
Equity
Share capital	78.293	78.293
Reserves	10.502	(6.829)
Equity attributable to owners of the Company	88.795	71.464
Non-controlling interest	(3.391)	65
Total equity	85.404	71.529
Liabilities
Borrowing	127.035	98.751
Liabilities from finance lease	195.724	196.152
Amounts due from related companies	8.107	7.778
Other liabilities	953	2.783
Deferred income	8.697	6.082
Deferred taxation	28.821	24.681
Non current liabilities	369.337	336.227
Bank overdrafts	33.563	36.048
Borrowing	63.621	86.556
Liabilities from finance lease	29.414	26.470
Trade and other liabilities	51.953	55.899
Derivative hedging financial instruments	1.286	2.562
Amounts due to related companies	11.668	12.072
Other liabilities	-	1.450
Deferred income	28.732	10.344
Taxation due	4.818	8.447
Liabilities held for sale	-	4.262
Current liabilities	225.055	244.110
Total liabilities	594.392	580.337
Total equity and liabilities	679.796	651.866