Published: 2016-08-31 07:54:20 CEST
Moda Kapitāls
Half Year financial report

Moda Kapitāls Financial Statement Release

JSC "Moda kapitals" unaudited results for the 6 months of 2016.

JSC "Moda kapitals" unaudited results for the 6 months of 2015.

  JSC "Moda kapitals" unaudited finansial results for the first 6 months of 2015: * Neto profit 14.164,00 EUR (6 month of 2015: Neto loses 50.005,00  EUR) * Neto revenue 565.037,00 (6 month of 2015 Neto revenue 456.709,00 EUR )

 

 

STATEMENT OF COMPREHENSIVE INCOME

 

 

    01.01.2016- 01.01.2015-  
  30.06.2016 30.06.2015  
     
    EUR   EUR  
Revenue 0 565,037 456,709  
Finance income 0 663,802 679,796  
Cost of sales 0 (467,039) (368,127)  
Finance costs 0 (210,091) (214,290)  
           
Gross profit   551,709 554,088  
Distribution expenses 0 (399,021) (435,845)  
Administrative expenses 0 (158,242) (190,440)  
Other income 0 26,925 16,069  
Other expenses 0 (3,528) (2,291)  
           
Profit or (loss) before income tax   17,843 (58,419)  
Corporate income tax 0 (3,679) 8,414  
           
Net profit or (loss)   14,164 (50,005)  
           
Other comprehensive income or (loss)   - -  
           
Total comprehensive income or (loss)   14,164 (50,005)  
Notes on pages 10 to 18 are an integral part of these financial statements.          
         

 

STATEMENT OF FINANCIAL POSITION

 

 

    30.06.2016. 31.12.2015.  
  Notes EUR   EUR  
ASSETS          
Non-current assets          
Intangible assets   53,528 44,739  
Property, plant and equipment (1) 529,464 587,128  
Other non-current assets   142   142  
Total non-current assets:   583,134 632,009  
Current assets          
Inventories       (2) 1,171,031 1,105,387  
Loans and trade receivables (3) 2,201,154 2,212,807  
Other current assets 0 32,196 44,086  
Cash and cash equivalents 0 196,480   285,218  
Total current assets:   3,600,861 3,647,498  
           
Total assets:   4,183,995 4,279,507  
           
EQUITY AND LIABILITIES   30.06.2016. 31.12.2015.  
    EUR   EUR  
Equity          
Share capital 0 426,862 426,862  
Revaluation reserves of non-current assets (1) 133,288 133,288  
Retained earnings/ (accumulated deficit)   (225,553)   (239,717)  
Total equity:   334,597 320,433  
Liabilities:          
Non-current liabilities          
Borrowings (4) 3,326,852 3,339,172  
Deferred income tax liabilities 0 5,891   7,049  
Total non-current liabilities:   3,332,743 3,346,221  
Current liabilities:          
Borrowings (4) 379,631 494,631  
Trade and other payables 0 137,024   118,222  
Total current liabilities:   516,655 612,853  
           
Total liabilities:   3,849,398 3,959,074  
           
Total equity and liabilities:   4,183,995 4,279,507  
Notes on pages 10 to 18 are an integral part of these financial statements.          
         

 

 

 

 

 


 

 

 

         Guntars Zvinis
         Member of The Board
         JSC Moda kapitals
         phone: +371 29510524
         email: guntars@draudzigsaizdevums.lv


IFRS interim FS_2016_Q2_ENG.PDF