BriQ Properties R.E.I.C.

INTERIM FINANCIAL REPORT

For the period from January 1s t to September 30t h, 2022

BriQ Properties R.E.I.C.

S.A.Reg.No. 140330201000

Al.Pantou 25, Kallithea

November 2022

Interim condensed financial information for the period ended 30 September 2022 (Amounts presented in thousand € except otherwise stated)

CONTENT

COMPANY AND CONSOLIDATED STATEMENT OF FINANCIAL POSITION

2

COMPANY AND CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

3

GROUP STATEMENT OF CHANGES IN EQUITY

4

COMPANY STATEMENT OF CHANGES IN EQUITY

5

GROUP CASH FLOW STATEMENT

6

COMPANY CASH FLOW STATEMENT

7

NOTES ON THE FINANCIAL STATEMENTS

8

1. General Information

8

2. Principles for the preparation of Interim Condensed Financial Information

8

3. Significant accounting estimates and judgments of the Management

10

4. Segment Reporting

10

5. Investment Property

12

6. Acquisition of Subsidiaries

14

7. Trade and other receivables

14

8. Cash and cash equivalents

15

9. Share Capital and purchase of treasury shares

15

10. Borrowings

15

11. Trade and other payables

16

12.

Direct property related expenses

16

13.

Single Property Tax (ENFIA)

17

14. Other operating expenses

17

15.

Financial income and costs

17

16. Taxes

18

17.

Dividends per share

18

18.

Earnings per share

18

19.

Contingent Liabilities

18

20.

Contingent Liabilities

19

21.

Related party transactions

19

22.

Events after the end of the reporting period

20

Interim condensed financial information for the period ended 30 September 2022 (Amounts presented in thousand € except otherwise stated)

Company and Consolidated Statement of Financial Position

Group

Company

Note

30.09.2022

31.12.2021

30.09.2022

31.12.2021

ASSETS

Non-current assets

Investment Property

5

129.355

120.768

88.789

86.080

Investment in subsidiaries

6

-

-

31.890

31.890

Property Plant and equipment

1.585

1.339

1.457

1.201

Right of Use Assets

33

22

33

22

Trade and other receivables

7

965

684

579

299

131.938

122.813

122.748

119.492

Current assets

Trade and other receivables

7

1.681

1.312

1.427

868

Cash and cash equivalents

8

4.678

4.277

1.758

2.483

6.359

5.589

3.185

3.351

Total assets

138.297

128.402

125.933

122.843

SHAREHOLDERS' EQUITY AND

LIABILITIES

Shareholders' equity

Share capital

9

75.106

75.106

75.106

75.106

Treasury shares

(644)

(598)

(644)

(598)

Reserves

1.539

1.539

1.453

1.453

Retained earnings

18.222

13.212

13.581

11.708

Total equity attributable to the

94.223

89.259

89.496

87.669

shareholders of the Parent company

Non-controlling interests

7.006

6.391

-

-

Total Equity

101.229

95.649

89.496

87.669

LIABILITIES

Non-current liabilities

Borrowings

10

32.597

28.575

32.597

28.508

Retirement benefit obligations

11

10

11

10

Government grants

-

3

-

-

Lease liability

21

17

21

16

Trade and other payables

11

893

434

893

434

33.522

29.039

33.522

28.968

Current liabilities

Trade and other payables

11

785

2.004

628

5.063

Current tax liabilities

77

126

53

45

Lease liabilities

13

6

13

6

Borrowings

10

2.671

1.578

2.221

1.092

3.546

3.714

2.915

6.206

Total liabilities

37.068

32.753

36.437

35.174

Total shareholders' equity and

138.297

128.402

125.933

122.843

liabilities

The notes on pages 9 to 20 constitute an integral part of these Interim Financial Statements for the period ended on September 30,2022.

2

Interim condensed financial information

for the period ended 30 September 2022

(Amounts presented in thousand € except otherwise stated)

Company and Consolidated Statements of Profit or Loss and other Comprehensive Income

Group

Company

01.01.2022

01.01.2021

01.01.2022

01.01.2021

Note

to

to

to

to

30.09.2022

30.09.2021

30.09.2022

30.09.2021

Rental Income

5.881

4.400

3.942

2.634

5.881

4.400

3.942

2.634

Net gain/(loss) from fair value

adjustments on investment

5

5.031

2.092

2.370

1.801

property

Direct property related expenses

12

(241)

(196)

(172)

(162)

Property Tax

13

(703)

(643)

(473)

(372)

Employee benefit expenses

(328)

(280)

(328)

(280)

Other operating expenses

14

(469)

(291)

(442)

(255)

Depreciation and amortization

(43)

(23)

(33)

(12)

Other profit / (loss) net

23

1

404

(1)

Operating profit

9.153

5.060

5.269

3.353

Financial income - net

15

(642)

(527)

(640)

(523)

Profit/ (Loss) before tax

8.511

4.533

4.630

2.830

Corporate tax

16

(145)

(95)

(101)

(61)

Profit/ (Loss) for the year

8.366

4.438

4.529

2.769

Attributable to the:

Shareholders of the Company

7.645

4.125

4.529

2.796

Shareholders of non-controlling

720

313

-

-

interests

8.366

4.438

4.529

2.769

Other Comprehensive Income:

Items that may be reclassified to

18

0,2159

0,1165

0,1279

0,0782

profit / loss

The notes on pages 9 to 20 constitute an integral part of these Interim Financial Statements for the period ended on September 30,2022.

3

Interim condensed financial information

for the period ended 30 September 2022

(Amounts presented in thousand € except otherwise stated)

Group Statement of changes in Equity

Balance January 1st, 2021

Profit/(Losses) for the period

Total comprehensive income for the period

Purchase of treasury shares Dividend relating to 2020 approved by the shareholders

Acquisition of subsidiary

Legal reserve

Balance September 30th, 2021

Changes until December 31, 2021

Balance December 31st, 2021

Balance January 1st, 2022

Profit/(Losses) for the period

Total comprehensive income for the period

Purchase of treasury shares

Return from capital raising expenses Dividend relating to 2021 from a subsidiary company of the Group Dividend relating to 2021 approved by the shareholders

Balance September 30th, 2022

Group

Share

Treasury

Retained

Non

Total

Note

Reserves

Controlling

Capital

shares

Earnings

Equity

interest

75.106

(455)

1.307

8.058

6.118

90.134

-

-

-

4.125

313

4.438

-

-

-

4.125

313

4.438

-

(169)

-

-

-

(169)

17

-

-

-

(2.124)

-

(2.124)

-

-

-

(265)

-

(265)

-

-

16

(16)

-

-

75.106

(624)

1.323

9.777

6.431

92.013

-

26

216

3.435

(40)

3.637

75.106

(598)

1.539

13.212

6.391

95.650

75.106

(598)

1.539

13.212

6.391

95.650

-

-

-

7.645

720

8.366

-

-

-

7.645

720

8.366

-

(46)

-

-

-

(46)

-

-

-

21

-

21

17

-

-

-

-

(106)

(106)

-

-

-

(2.657)

-

(2.657)

75.106

(644)

1.539

18.222

7.006

101.229

The notes on pages 9 to 20 constitute an integral part of these Interim Financial Statements for the period ended on September 30,2022.

4

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BriQ Properties REIC published this content on 14 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 November 2022 11:01:02 UTC.