Market announcement

AS Trigon Property Development

LEI code

549300EVKRFJ9KNYZ593

Size of the entity

Micro undertaking

Economic activities

Real Estate Activities

Country of registered office

Estonia

General information

Categories

Management interim statement or quarterly financial report

Unique data record identifier

3801

Submission date and time

29.08.2012 18:15:08

Content of announcement in Estonian

Title

AS Trigon Property Development Auditeerimata Majandustulemused, 6 kuud 2012

Message

29.08.2012



2012. aasta II kvartali lõpuga omas AS Trigon Property Development ühte
arendusprojekti, milleks on 35,4 hektari suurune maa-ala Pärnu linnas, Niidu
piirkonnas. AS Trigon Property Development kaalub äritegevuse laiendamist ning
analüüsib erinevaid uute projektide omandamise võimalusi. 

Käesolevas teates esitatud konsolideeritud finantsseisundi aruanne seisuga
30.06.2012 ja 30.06.2011 kajastab täielikult AS Trigon Property Development
varasid, kohustusi ja omakapitali. 

Vastavalt esitatud konsolideeritud koondkasumiaruandele on AS Trigon Property
Development 2012. aasta 6 kuu puhaskasum 140 925 eurot ja puhaskasum aktsia
kohta 0,03132 eurot. 

Seisuga 30.06.2012 moodustasid AS Trigon Property Development konsolideeritud
varad kokku 2 513 748 eurot. Ühingu konsolideeritud omakapital moodustas 2 304
948 eurot, mis moodustas 91,7% bilansimahust. 



Lühendatud konsolideeritud finantsseisundi aruanne

EUR                            30.06.2012  30.06.2011
Raha                              127 255       6 393
Nõuded ja ettemaksud                1 973       1 281
Käibevara kokku                   129 228       7 674
Kinnisvarainvesteeringud        2 384 520   4 167 039
AKTIVA KOKKU                    2 513 748   4 174 713
                                                     
Laenukohustused                    12 516      12 516
Võlad ja ettemaksed                30 576      40 656
Lühiajalised kohustused kokku      43 092      56 672
Pikaajalised laenukohustused      165 708     220 740
Kohustused kokku                  208 800     277 412
Aktsiakapital nimiväärtuses     2 699 437   2 875 424
Ülekurss                          226 056     226 056
Kohustuslik reservkapital         287 542     287 542
Jaotamata kasum/kahjum          (908 087)     508 279
Omakapital kokku                2 304 948   3 897 301
PASSIVA KOKKU                   2 513 748   4 174 713




Lühendatud konsolideeritud koondkasumiaruanne

EUR                                           6 kuud 2012  6 kuud 2011
                                                                      
Renditulu                                           9 100       12 360
Kinnisvarainvesteeringutega seotud kulud         (10 284)      (9 351)
Brutokasum (kahjum)                               (1 184)        3 009
                                                                      
Üldhalduskulud                                   (22 648)      (6 397)
Tulu kinnisvarainvesteeringu ümberhindlusest      170 520            0
Ärikasum (kahjum)                                 146 688      (3 388)
                                                                      
Neto finantskulu                                  (5 763)      (5 868)
PERIOODI PUHASKASUM (KAHJUM)                      140 925      (9 256)
                                                                      
PERIOODI KOONDKASUM                               140 925      (9 256)
                                                                      
Tava puhaskasum aktsia kohta                      0,03132    (0,00206)
Lahustatud puhaskasum aktsia kohta                0,03132    (0,00206)





Ülo Adamson

Nõukogu esimees

+372 667 9200

Content of announcement in English

Title

Unaudited Financial results of Trigon Property Development, 6 months of 2012

Message

29.08.2012



As at the end of second quarter of 2012, AS Trigon Property Development owned
one property development project involving 35.4-hectare land plot in the City
of Pärnu, Niidu area. Trigon Property Development AS considers expansion of
business activity and analyses acquisition opportunities for different new
projects. 

Condensed consolidated statement of financial position as of 30 June 2012 and
30 June 2011 delivered by the present announcement completely reflects the
assets, liabilities and equity capital of AS Trigon Property Development. 

According to the condensed consolidated statement of comprehensive income the
net profit for 6 months 2012 of AS Trigon Property Development is 140,925 euros
and the earnings per share is 0,03132 EUR. 

As of 30 June 2012 the consolidated assets of AS Trigon Property Development
were 2,513,748 euros. The consolidated equity of the company was 2,304,948
euros, corresponding to 91.7 % of the total balance sheet. 



Condensed consolidated statement of financial position

EUR                             30.06.2012  30.06.2011
Cash                               127 255       6 393
Receivables and prepayments          1 973       1 281
Total current assets               129 228       7 674
Investment property              2 384 520   4 167 039
TOTAL ASSETS                     2 513 748   4 174 713
                                                      
Borrowings                          12 516      12 516
Payables and prepayments            30 576      40 656
Total current liabilities           43 092      56 672
Long-term borrowings               165 708     220 740
Total liabilities                  208 800     277 412
Share capital at nominal value   2 699 437   2 875 424
Share premium                      226 056     226 056
Statutory reserve capital          287 542     287 542
Retained earnings                (908 087)     508 279
Total equity                     2 304 948   3 897 301
TOTAL LIABILITIES AND EQUITY     2 513 748   4 174 713





Condensed consolidated statement of comprehensive income

EUR                                           6 months 2012  6 months 2011
                                                                          
Rental income                                         9 100         12 360
Expenses related to investment property            (10 284)        (9 351)
Gross profit                                        (1 184)          3 009
                                                                          
Administrative and general expenses                (22 648)        (6 397)
Changes in fair value of investment property        170 520              0
Operating profit                                    146 688        (3 388)
                                                                          
Net financial income (loss)                         (5 763)        (5 868)
NET PROFIT FOR THE PERIOD                           140 925        (9 256)
                                                                          
TOTAL COMPREHENSIVE INCOME                          140 925        (9 256)
                                                                          
Basic earnings per share                            0,03132      (0,00206)
Diluted earnings per share                          0,03132      (0,00206)





Ülo Adamson

Chairman of the Supervisory Board

+372 667 9200