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.