K+G COMPLEX PUBLIC COMPANY LIMITED

Interim Condensed Consolidated Financial Statements

For the period from 1 January 2022 to 30 June 2022

K + G Complex Public Company Limited

Interim Condensed Consolidated Income Statement and other Comprehensive Income for the period from 1 January 2022 to 30 June 2022

30 June

30 June

2022

2021

Unaudited

Unaudited

€000

€000

Revenue

-

12.700

Cost of sales

-

(3.532)

__________

__________

Gross profit

-

9.168

Administrative expenses

(128)

(221)

Selling and marketing expenses

-

(280)

Other income

94

111

__________

__________

Operating (loss)/profit

(34)

8.777

Finance cost

-

(147)

Share of profit of investment in associates

351

645

__________

__________

Profit before tax

317

9.275

Tax

-

-

__________

__________

Profit for the period

317

9.275

__________

__________

Other comprehensive income

Share of reserves of associates

(1)

-

__________

__________

Total comprehensive income for the period

316

9.275

==========

==========

Profit per share attributable to Company's shareholders

(cent per share):

- Basic and fully diluted

0,25

7,21

==========

==========

(1)

K + G Complex Public Company Limited

Interim Condensed Consolidated Balance Sheet at 30 June 2022

30 June

31 December

2022

2021

Unaudited

Audited

€000

€000

Assets

Non-current assets

Property, plant and equipment

13

18

Investments in associates

103.900

103.550

___________

___________

103.913

103.568

___________

___________

Current assets

Inventories

300

300

Financial assets at amortised cost

8.514

8.402

Tax refundable

15

10

Cash and cash equivalents

2.226

2.388

___________

___________

11.055

11.100

___________

___________

Total Assets

114.968

114.668

===========

===========

Equity and liabilities

Capital and reserves

Share Capital

21.860

21.860

Share Premium

1.757

1.757

Reserve of changes in equity of associates

536

537

Reserve arising on translation of share capital into Euro

86

86

Retained Earnings

90.263

89.939

___________

___________

Total Equity

114.502

114.178

___________

___________

Current liabilities

Trade and other payables

466

490

___________

___________

466

490

___________

___________

Total Liabilities

466

490

___________

___________

Total Equity and Liabilities

114.968

114.668

===========

===========

(2)

K + G Complex Public Company Limited

Interim Condensed Consolidated statement of changes in equity for the period from 1 January 2022 to 30 June 2022

Reserve

arising on

Reserve of

translation of

changes in

Share

Share

share capital

equity of

Retained

capital

premium

into Euros

associates

earnings

Total

€000

€000

€000

€000

€000

€000

Balance at 1 January 2021

21.860

1.757

86

609

80.136

104.448

_________

_________

_________

__________

_________

_________

Profit for the period

-

-

-

-

9.275

9.275

_________

_________

_________

__________

_________

_________

Other comprehensive income

Share of reserves of associates

-

-

-

-

-

-

_________

_________

_________

__________

_________

_________

Total other comprehensive income

-

-

-

-

-

-

_________

_________

_________

__________

_________

_________

Total Comprehensive Income for the

period

-

-

-

-

9.275

9.275

_________

_________

_________

__________

_________

_________

Balance at 30 June 2021

(unaudited)

21.860

1.757

86

609

89.410

113.722

=========

=========

=========

==========

=========

=========

Balance at 1 January 2022

21.860

1.757

86

537

89.939

114.178

Readjustment on opening balance

-

-

-

-

7

7

_________

_________

_________

__________

_________

_________

Readjusted new balance

21.860

1.757

86

537

89.946

114.186

_________

_________

_________

__________

_________

_________

Profit for the period

-

-

-

-

317

317

_________

_________

_________

__________

_________

_________

Other Comprehensive Income

Share of reserves of associates

-

-

-

(1)

-

(1)

_________

_________

_________

__________

_________

_________

Total other comprehensive income

-

-

-

(1)

-

(1)

_________

_________

_________

__________

_________

_________

Total Comprehensive Income for the

period

-

-

-

(1)

317

316

_________

_________

_________

__________

_________

_________

Balance at 30 June 2022

(unaudited)

21.860

1.757

86

536

90.263

114.502

=========

=========

=========

==========

=========

=========

(3)

K + G Complex Public Company Limited

Interim Condensed Consolidated statement of cash flows for the period from 1 January 2022 to 30 June 2022

30 June

30 June

2022

2021

Unaudited

Unaudited

€000

€000

Cash flows from operating activities

Cash (used in)/from operations

(150)

14.705

_________

_________

Net cash (used in)/from operating activities

(150)

14.705

_________

_________

Cash flows from investing activities

Proceeds from repayment of loans from related parties

-

60

Loans granted to related parties

(12)

(5)

__________

__________

Net cash (used in)/from investing activities

(12)

55

__________

__________

Cash flows from financing activities

Repayments of bank loans

-

(9.631)

Interest paid

-

(147)

__________

__________

Net cash used in financing activities

-

(9.778)

__________

__________

Net (decrease)/increase in cash and cash equivalents overdrafts

(162)

4.983

Cash and cash equivalents at the beginning of the period

2.388

65

__________

__________

Cash and cash equivalents at the end of the period

2.226

5.068

==========

==========

(4)

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K + G Complex Public Co. Ltd. published this content on 30 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 October 2022 17:26:04 UTC.