Panevezio Statybos Trestas

Annual / Quarterly Financial Statement • Apr 4, 2023

Consolidated Statement of Comprehensive Income

For the year ended December 31

EUR thousand		2022
Revenue from contracts with customers			2021
Cost of sales		115,840 (106,310)	98,451 (86, 283)
Gross profit		9,530	12,168
Change in fair value of investment property		573	2,260
Other revenue		1,883	1,710
Selling expenses		(496)	(516)
Administrative expenses, total:		(10, 101)	(9, 238)
receivables	Impairment loss on trade debts, contract assets and other
Other administrative expenses		4	5
Other expenses		(10, 105)	(9,243)
		(1,800)	(1,612)
Operating profit (loss)		(411)	4,772
Finance income, total		1,622	79
Other finance income		489	79
	Reverse of interest charged by the Competition Council	1,133
Finance expense, total:		(802)	(646)
Interest expenses		(689)	(484)
Other finance expenses		(113)	(162)
Profit (loss) before tax		409	4,205
Income tax expense		116	(706)
Net profit (loss)		525	3,499
Other comprehensive income
Items that will never be transferred to profit/(loss)		1,482
Non-current asset revaluation impact		1,744
Deferred income tax on revaluation of non-current assets		(262)
Items that can or will be transferred to profit/(loss)		(476)	(95)
Currency translation effect Other comprehensive income (loss), total		(476)	(95)
		1,006	(95)
	Total comprehensive income (loss)		3,404
Net profit/(loss) attributable to:
To the equity holders of the Parent		488	3,049
Non-controlling interest		37	450
		525	3,499
Comprehensive income (loss) attributable to:
To the equity holders of the Parent		1,388	2,998
Non-controlling interest		143	406
		1,531	3,404
Basic and diluted earnings/(loss) per share (EUR)		0.03	0.20
Managing director	Egidijus Urbonas	04/04/2023
Chief Accountant	Danguolė Širvinskienė
		04/04/2023

Consolidated Statement of Financial Position

As at 31 December

EUR thousand

	2022	2021
ASSETS
Non-current assets
Property, plant and equipment	10,668
Intangible Assets	235	9,846 267
Investment Property	32,565
Right of use assets	123	31,400
Non-current trade receivables	200	198
Other non-current financial assets	742	29
Deferred tax assets	609	505
		390
Total non-current assets	45,142	42,635
Current assets
Inventories	9,674
Trade receivables	16,759	10,129
Contract assets	4,199	15,069
Prepayments	846	3,414
Other assets	2,558	1,766
Prepaid income tax	24	1,243
Cash and cash equivalents		60
	8,955	11,888
Total current assets	43,015	43,569
TOTAL ASSETS	88,157	86,204

Managing director	Egidijus Urbonas	04/04/2023
Chief Accountant	Danguolė Širvinskienė	04/04/2023

Company code: 14773296 Address: P. Puzino st. 1, LT-35173 Panevėžys

Consolidated Statement of Financial Position (continued)

As at 31 December

EUR thousand

	2022	2021
EQUITY AND LIABILITIES
Equity
Issued capital	4,742	4,742
Reserves	7,771	6,869
Retained earnings	18,200	17,713
Total equity attributable to equity holders of the Parent	30,713	29,324
Non-controlling interest	1,373	1,230
Total equity	32,086	30,554
Loans and borrowings	18,862
Provisions	765	19,441 965
Deferred tax liability	1,088	875
Non-current lease liabilities	33	107
Other liabilities	263	677
Total non-current liabilities	21,011	22,065
Current liabilities
Loans and borrowings	696	816
Current lease liabilities	88	87
Trade payables	17,083	15,660
Contract liabilities	5,927	3,771
Provisions	208	148
Income tax payable	132	120
Other liabilities	10,926	12,983
Total current liabilities	35,060	33,585
Total liabilities	56,071	55,650
TOTAL EQUITY AND LIABILITIES	88,157	86,204

Managing director
	Egidijus Urbonas	04/04/2023
Chief Accountant	Danguolė Širvinskienė	04/04/2023