Louis PLC — Interim / Quarterly Report 2020

Feb 24, 2021

UNAUDITED CONSOLIDATED INDICATIVE RESULTS

Condensed Consolidated Statement of Profit and Loss

For the year ended 31 December 2020

	Indicative Unaudited 2020 €'000	Audited 2019 €'000
Income from operations	17,269	215.563
Operating (loss)/profit before taxes, interests and depreciations (EBITDA)	(28,959)	68.951
Net finance cost	(16,165)	(20.794)
(Loss)/profit from operations after net finance cost	(69,467)	20.078
Loss from impairment in assets value	-	(14.000)
Net profit from loan restructuring	-	16.969
Net loss from loan amendment	(2.303)	-
Write-offs and provisions for doubtful debts	(79)	-
Profit from sale of ships, property, plant and equipment	10	10
Net profit from sale of assets classified as held for sale	83.991	-
Loss before taxation Taxation	12.152 738	23.057 (4.873)
Profit for the year	12.890	18.184
Profit for the year attributable:
Company's owners Minority interest	12.829 61	18.173 11
Profit for the year	12.890	18.184
Profit per share (cents)	2.79	3.95