Louis PLC

Earnings Release • Feb 27, 2014

LOUIS PLC

INDICATIVE RESULTS

Consolidated profit and loss account For the year ended December 31, 2013

	Unaudited 2013 €'000	Audited 2012 €'000
Income from operations	204.942	193.895
Operating expenses	(92.678)	(94.108)
STAFF COST	(56.815)	(57.558)
Selling and distribution expenses	(4.604)	(5.532)
Operating profit before taxes, interest, depreciations and hotel rents	(154.097)	(157.198)
(EBITDAR)	50.845	36.697
Net finance cost	(23.625)	(24.295)
Loss from operations after net finance cost	(5.716)	(22.931)
Net exchange profit/(loss)		(4.259)
Share of (loss)/profit from investments recognized with the equity	1.054
method Profit/(Loss) from dale of ship, property, plant and equipment	(479)	355
Loss from depreciation in value of ships Loss from sale of subsidiary	16	(398) (6.966)
Loss from write-off of assets	(10.271)
Special provision for bad debts	(40)
	(2.177)	-
	(950)

		(4.910)
Loss before taxation	(18.563)	(39.109)
Taxation	(10.370)	(1.086)
Loss for the year	(28.9.3.3)	(40.195)
Loss for the year attributable to:	(28.926)	(40.189)
Owners of the Company	(7)	(6)
Minority interest
Loss for the year	(28.933)	(40.195)
Loss per share (cent)	(6,28)	(8,73)

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