Published: 2019-08-30 12:13:58 CEST
Moda Kapitāls
Half Year financial report

Half Year financial report

JSC "Moda kapitals" unaudited results for the 6 months of 2019.

JSC "Moda kapitals" unaudited financial results for the first 6 months of 2019: * Net loses 68.930,00 EUR (6 month of 2018: Net loses 91.332,00 EUR) * Net revenue 769.433,00 EUR (6 month of 2018 Net revenue 816.401,00 EUR).

STATEMENT OF COMPREHENSIVE INCOME

          01.01.2019-30.06.2019   01.01.2018-30.06.2018
          EUR   EUR
Revenue   769,433   816,401
Finance income   521,207   562,148
Cost of sales   -653,405   -698,283
Finance costs   -206,209   -214,435
Gross profit   431,026   465,831
         
Distribution expenses   -366,056   -378,604
Administrative expenses   -128,682   -159,155
Other income   10,946   38,582
Other expenses   -16,164   -57,986
Profit or (loss) before income tax   -68,930   -91,332
         
Corporate income tax        
Net profit or (loss)       -68,930   -91,332
Other comprehensive income or (loss)          
Total comprehensive income or (loss)   -68,930   -91,332

 

STATEMENT OF FINANCIAL POSITION        
            30.06.2019 31.12.2018
ASSETS           EUR EUR
     
Non-current assets    
Intangible assets 68,782 67,668
Fixed assets* 599,598 635,323
Other non-current assets 142 142
Total non-current assets 668,522 703,133
     
Current assets    
Inventories 1,232,145 1,229,400
Loans and receivables 1,696,919 1,730,345
Other current assets 50,982 82,515
Cash and its equivalents 174,054 159,545
Total current assets 3,154,100 3,201,805
               
TOTAL ASSETS 3,822,622 3,904,938
               
               
            30.06.2019 31.12.2018
EQUITY AND LIABILITIES       EUR EUR
     
Equity    
Share capital 426,862 426,862
Revaluation reserves of non-current assets 166,339 168,973
Retained earnings/(accumulated deficit) -609,366 -540,436
Total equity -16,165 55,399
     
Liabilities    
Non-current liabilities    
Borrowings* 3,483,866 3,520,714
Total non-current liabilities 3,483,866 3,520,714
     
Current liabilities    
Borrowings* 183,345 193,595
Trade and other payables 171,576 135,230
Total current liabilities 354,921 328,825
     
Total liabilities 3,838,787 3,849,539
     
TOTOAL EQUITY AND LIABILITIES 3,822,622 3,904,938

*This Financial report is adopted by addition IFRS Nr.16 “Lease”, which is effective for annual periods beggining on or after 1 January 2019, has been applied.

         Guntars Zvīnis
         Member of the Board
         JSC Moda kapitāls
         phone: +37167344234
         email: guntars@draudzigsaizdevums.lv


Financial report 01.01.2019-30.06.2019.pdf