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

3938

Submission date and time

27.02.2013 16:45:16

Content of announcement in Estonian

Title

2012. aasta IV kvartali ja 12 kuu konsolideeritud auditeerimata majandustulemused

Message

2012. aasta IV kvartali lõpuga omas AS Trigon Property Development ühte
arendusprojekti, milleks on 35,46 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
31.12.2012 ja 31.12.2011 kajastab täielikult AS Trigon Property Development
varasid, kohustusi ja omakapitali. 

Vastavalt esitatud konsolideeritud koondkasumiaruandele on AS Trigon Property
Development 2012. aasta 12 kuu puhaskasum 16 802 eurot ja puhaskasum aktsia
kohta 0,00373 eurot. 

Seisuga 31.12.2012 moodustasid AS Trigon Property Development konsolideeritud
varad kokku 2 319 786 eurot. Ühingu konsolideeritud omakapital oli 2 180 827
eurot, mis moodustas 94% bilansimahust. 

Lühendatud konsolideeritud finantsseisundi aruanne

EUR                            31.12.2012  31.12.2011
Raha                               26 868      12 492
Nõuded ja ettemaksud                2 918       2 518
Käibevara kokku                    29 786      15 010
Kinnisvarainvesteeringud        2 290 000   2 425 000
AKTIVA KOKKU                    2 319 786   2 440 010
                                                     
Laenukohustused                    25 032      25 032
Võlad ja ettemaksed                23 250      55 244
Lühiajalised kohustused kokku      48 282      80 276
Pikaajalised laenukohustused      165 708     195 709
Kohustused kokku                  212 304     275 985
Aktsiakapital nimiväärtuses     2 699 437   2 699 437
Ülekurss                          226 056     226 056
Kohustuslik reservkapital         287 542     287 542
Akumuleeritud kahjum           -1 032 208  -1 049 010
Omakapital kokku                2 180 827   2 164 025
PASSIVA KOKKU                   2 319 786   2 440 010



Lühendatud konsolideeritud koondkasumiaruanne

EUR                                         IV kv     IV kv     2012        2011
                                             2012      2011                     
                                                                                
Renditulu                                   4 373     4 740   18 213      22 480
Kinnisvarainvesteeringutega seotud         -9 753    -5 128  -20 096     -14 479
 kulud                                                                          
Brutokasum (-kahjum)                       -5 380      -388   -1 883       8 001
                                                                                
Üldhalduskulud                            -15 516   -14 041  -47 194     -26 689
Tulu/kulu kinnisvarainvesteeringu         -94 520    -1 730   76 000  -1 712 039
 ümberhindlusest                                        487                     
Ärikasum (-kahjum)                       -115 416    -1 744   26 923  -1 730 727
                                                        916                     
                                                                                
Neto finantskulu                           -2 571    -3 595  -10 121     -11 805
PERIOODI PUHASKASUM (-KAHJUM)            -117 987    -1 748   16 802  -1 742 532
                                                        511                     
                                                                                
PERIOODI KOONDKASUM (-KAHJUM)            -117 987    -1 748   16 802  -1 742 532
                                                        511                     
                                                                                
Tava puhaskasum (-kahjum) aktsia kohta   -0,02622  -0,38864  0,00373    -0,38731
Lahustatud puhaskasum (-kahjum) aktsia   -0,02622  -0,38864  0,00373    -0,38731
 kohta                                                                          



Ülo Adamson

Nõukogu esimees

+372 667 9200

Content of announcement in English

Title

Consolidated unaudited financial report for the fourth quarter and 12 months of 2012

Message

As at the end of fourth quarter 2012, AS Trigon Property Development owned one
property development project involving 35.46-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 31 December 2012
and 31 December 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 12 months 2012 of AS Trigon Property Development is 16,802 euros
and the earnings per share is 0,00373EUR. 

As of 31 December 2012 the consolidated assets of AS Trigon Property
Development were 2,319,786 euros. The consolidated equity of the company was
2,180,827 euros, corresponding to 94 % of the total balance sheet. 



Condensed consolidated statement of financial position

EUR                             31.12.2012  31.12.2011
Cash                                26 868      12 492
Receivables and prepayments          2 918       2 518
Total current assets                29 786      15 010
Investment property              2 290 000   2 425 000
TOTAL ASSETS                     2 319 786   2 440 010
                                                      
Borrowings                          25 032      25 032
Payables and prepayments            23 250      55 244
Total current liabilities           48 282      80 276
Long-term borrowings               165 708     195 709
Total liabilities                  212 304     275 985
Share capital at nominal value   2 699 437   2 699 437
Share premium                      226 056     226 056
Statutory reserve capital          287 542     287 542
Retained earnings               -1 032 208  -1 049 010
Total equity                     2 180 827   2 164 025
TOTAL LIABILITIES AND EQUITY     2 319 786   2 440 010



Condensed consolidated statement of comprehensive income

EUR                                      Q4 2012    Q4 2011     2012        2011
                                                                                
Rental income                              4 373      4 740   18 213      22 480
Expenses related to investment            -9 753     -5 128  -20 096     -14 479
 property                                                                       
Gross profit                              -5 380       -388   -1 883       8 001
                                                                                
Administrative and general expenses      -15 516    -14 041  -47 194     -26 689
Changes in fair value of investment      -94 520     -1 730   76 000  -1 712 039
 property                                               487                     
Operating profit                        -115 416     -1 744   26 923  -1 730 727
                                                        916                     
                                                                                
Net financial loss                        -2 571     -3 595  -10 121     -11 805
NET PROFIT FOR THE PERIOD               -117 987     -1 748   16 802  -1 742 532
                                                        511                     
                                                                                
TOTAL COMPREHENSIVE INCOME              -117 987     -1 748   16 802  -1 742 532
                                                        511                     
                                                                                
Basic earnings per share                -0,02622   -0,38864  0,00373    -0,38731
Diluted earnings per share              -0,02622   -0,38864  0,00373    -0,38731



Ülo Adamson

Chairman of the Supervisory Board

+372 667 9200