Market announcement
AS Trigon Property Development
Category
Annual financial report
Attachments
Date
27.02.2009 16:08:31
Title
AS Trigon Property Development Auditeerimata Majandustulemused, 12 kuud
Message
27.02.2009 Käesolevas teates esitatud bilanss seisuga 31.12.2008 ja 31.12.2007 kajastab täielikult AS Trigon Property Development varasid, kohustusi ja omakapitali. Esitatud 2008. aasta 12 kuu kasumiaruandes on kajastatud AS Trigon Property Development kasum ning võrdlusandmetes AS Trigon Property Development ja AS Viisnurk 2007. aasta 9 kuu kasum. Vastavalt esitatud kasumiaruandele on AS Trigon Property Development 2008. aasta 12 kuu puhaskahjum 13 180 tuhat EEK ja puhaskahjum aktsia kohta 2,93 EEK. Aruandeperioodi konsolideeritud kahjum on tingitud omandis oleva kinnisvara ümberhindlusest kogusummas miinus EEK 13 259 tuhat. Seisuga 31.12.2008 moodustasid AS Trigon Property Development konsolideeritud varad kokku EEK 124 474 tuhat. Ühingu konsolideeritud omakapital moodustas EEK 121 139 tuhat, mis moodustas 97,39% bilansimahust. Lühendatud konsolideeritud bilanss -------------------------------------------------------------------------------- | | tuh EEK | tuh EEK | tuh EUR | tuh EUR | -------------------------------------------------------------------------------- | | 31.12.2008 | 31.12.2007 | 31.12.2008 | 31.12.2007 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Raha | 69 | 372 | 4 | 24 | -------------------------------------------------------------------------------- | Nõuded ja ettemaksud | 125 | 84 | 8 | 5 | -------------------------------------------------------------------------------- | Käibevara kokku | 194 | 456 | 12 | 29 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Kinnisvarainvesteeri | 124 280 | 137 251 | 7 943 | 8 772 | | ngud | | | | | -------------------------------------------------------------------------------- | Põhivara kokku | 124 280 | 137 251 | 7 943 | 8 772 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | AKTIVA KOKKU | 124 474 | 137 707 | 7 955 | 8 801 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Laenukohustused | 1 026 | 392 | 65 | 25 | -------------------------------------------------------------------------------- | Võlad ja ettemaksed | 155 | 450 | 10 | 29 | -------------------------------------------------------------------------------- | Lühiajalised | 1 181 | 842 | 75 | 54 | | kohustused kokku | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Pikaajalised | 2 154 | 2 546 | 138 | 163 | | laenukohustused | | | | | -------------------------------------------------------------------------------- | Pikaajalised | 2 154 | 2 546 | 138 | 163 | | kohustused kokku | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Kohustused kokku | 3 335 | 3 388 | 213 | 217 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Aktsiakapital | 44 991 | 44 991 | 2 875 | 2 875 | | nimiväärtuses | | | | | -------------------------------------------------------------------------------- | Ülekurss | 3 537 | 3 537 | 226 | 226 | -------------------------------------------------------------------------------- | Kohustuslik | 4 499 | 4 499 | 288 | 288 | | reservkapital | | | | | -------------------------------------------------------------------------------- | Jaotamata kasum | 68 112 | 81 292 | 4 353 | 5 195 | -------------------------------------------------------------------------------- | Omakapital kokku | 121 139 | 134 319 | 7 742 | 8 584 | | | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | PASSIVA KOKKU | 124 474 | 137 707 | 7 955 | 8 801 | -------------------------------------------------------------------------------- Lühendatud konsolideeritud kasumiaruanne -------------------------------------------------------------------------------- | | tuh EEK | tuh EEK | tuh EUR | tuh EUR | -------------------------------------------------------------------------------- | | 12 kuud | 12 kuud | 12 kuud | 12 kuud | | | 2008 | 2007 | 2008 | 2007 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Jätkuvad | | | | | | tegevusvaldkonnad | | | | | -------------------------------------------------------------------------------- | Renditulu | 468 | 343 | 30 | 22 | -------------------------------------------------------------------------------- | Kinnisvarainvesteeri | (180) | (181) | (11) | (12) | | ngutega seotud kulud | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Brutokasum | 288 | 162 | 19 | 10 | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Üldhalduskulud | (378) | (631) | (24) | (40) | -------------------------------------------------------------------------------- | Kinnisvarainvesteeri | (13 259) | 26 332 | (847) | 1 683 | | ngu õiglase väärtuse | | | | | | muutus | | | | | -------------------------------------------------------------------------------- | Muud äritulud | 226 | 0 | 14 | 0 | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Ärikasum (-kahjum) | (13 123) | 25 863 | (838) | 1 653 | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Neto finantskulu | (57) | (38) | (4) | (2) | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Kasum (kahjum) | (13 180) | 25 825 | (842) | 1 651 | | jätkuvatest | | | | | | tegevusvaldkondadest | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Kasum lõpetatud | 0 | 11 875 | 0 | 758 | | tegevusvaldkondadest | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Kasum (kahjum) enne | (13 180) | 37 700 | (842) | 2 409 | | tulumaksu | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Tulumaks | 0 | (475) | 0 | (30) | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | PERIOODI PUHASKASUM | (13 180) | 37 225 | (842) | 2 379 | | (-KAHJUM) | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Tava puhaskasum | -2,93 | 8,27 | -0,19 | 0,53 | | aktsia kohta | | | | | -------------------------------------------------------------------------------- | Lahustatud | -2,93 | 8,27 | -0,19 | 0,53 | | puhaskasum aktsia | | | | | | kohta | | | | | -------------------------------------------------------------------------------- Ülo Adamson Nõukogu esimees Investorsuhted +372 6679 204
Title
Unaudited Financial results of Trigon Property Development, 12 months of
Message
27.02.2009 The balance sheet as of 31.12.2008 and 31.12.2007 delivered by the present announcement completely reflects the assets, liabilities and equity capital of AS Trigon Property Development. The current income statement for 12 months of 2008 reflects the profit of AS Trigon Property Development and the comparative information reflects the profit of AS Trigon Property Development and AS Viisnurk. According to the presented income statement the net loss for 12 months 2008 of AS Trigon Property Development is 13 180 thousand EEK and the earnings per share is -2.93 EEK. Consolidated loss for the accounting period results from revaluation of the real estate in the total amount of minus EEK 13 259 thousand. As of 31.12.2008 the consolidated assets of AS Trigon Property Development was EEK 124 474 thousand. The consolidated equity of the company was EEK 121 139 thousand, corresponding to 97.32 % of the total balance sheet. Condensed consolidated balance sheet -------------------------------------------------------------------------------- | | EEK thous | EEK thous | EUR thous | EUR thous | -------------------------------------------------------------------------------- | | 31.12.200 | 31.12.2007 | 31.12.2008 | 31.12.2007 | | | 8 | | | | -------------------------------------------------------------------------------- | Cash | 69 | 372 | 4 | 24 | -------------------------------------------------------------------------------- | Receivables and | 125 | 84 | 8 | 5 | | prepayments | | | | | -------------------------------------------------------------------------------- | Total current assets | 194 | 456 | 12 | 29 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Investment property | 124 280 | 137 251 | 7 943 | 8 772 | -------------------------------------------------------------------------------- | Total non-current | 124 280 | 137 251 | 7 943 | 8 772 | | assets | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | TOTAL ASSETS | 124 474 | 137 707 | 7 955 | 8 801 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Borrowings | 1 026 | 392 | 65 | 25 | -------------------------------------------------------------------------------- | Payables and | 155 | 450 | 10 | 29 | | prepayments | | | | | -------------------------------------------------------------------------------- | Total current | 1 181 | 842 | 75 | 54 | | liabilities | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Long-term borrowings | 2 154 | 2 546 | 138 | 163 | -------------------------------------------------------------------------------- | Total non-current | 2 154 | 2 546 | 138 | 163 | | liabilities | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Total liabilities | 3 335 | 3 388 | 213 | 217 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Share capital at | 44 991 | 44 991 | 2 875 | 2 875 | | nominal value | | | | | -------------------------------------------------------------------------------- | Share premium | 3 537 | 3 537 | 226 | 226 | -------------------------------------------------------------------------------- | Statutory reserve | 4 499 | 4 499 | 288 | 288 | | capital | | | | | -------------------------------------------------------------------------------- | Retained earnings | 68 112 | 81 292 | 4 353 | 5 195 | -------------------------------------------------------------------------------- | Total equity | 121 139 | 134 319 | 7 742 | 8 584 | | | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | TOTAL LIABILITIES | 124 474 | 137 707 | 7 955 | 8 801 | | AND EQUITY | | | | | -------------------------------------------------------------------------------- Condensed consolidated income statement -------------------------------------------------------------------------------- | | EEK thous | EEK thous | EUR thous | EUR thous | -------------------------------------------------------------------------------- | | 12 months | 12 months | 12 months | 12 months | | | 2008 | 2007 | 2008 | 2007 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Continuing operations | | | | | -------------------------------------------------------------------------------- | Rental income | 468 | 343 | 30 | 22 | -------------------------------------------------------------------------------- | Expenses related to | (180) | (181) | (11) | (12) | | investment property | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Gross profit | 288 | 162 | 19 | 10 | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Administrative and | (378) | (631) | (24) | (40) | | general expenses | | | | | -------------------------------------------------------------------------------- | Change in fair value | (13 259) | 26 332 | (847) | 1 683 | | of investment | | | | | | property | | | | | -------------------------------------------------------------------------------- | Other operating | 226 | 0 | 14 | 0 | | income | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Operating profit | (13 123) | 25 863 | (838) | 1 653 | | (loss) | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Net financial income | (57) | (38) | (4) | (2) | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Profit (loss) from | (13 180) | 25 825 | (842) | 1 651 | | continuing operations | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Profit from | 0 | 11 875 | 0 | 758 | | discontinued | | | | | | operations | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Profit (loss) before | (13 180) | 37 700 | (842) | 2 409 | | income tax | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Corporate income tax | 0 | (475) | 0 | (30) | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | NET PROFIT (LOSS) FOR | (13 180) | 37 225 | (842) | 2 379 | | THE PERIOD | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Basic earnings per | -2.93 | 8.27 | -0.19 | 0.53 | | share | | | | | -------------------------------------------------------------------------------- | Diluted earnings per | -2.93 | 8.27 | -0.19 | 0.53 | | share | | | | | -------------------------------------------------------------------------------- Ülo Adamson Chairman of the Supervisory Board Investor relations +372 6679 200