Market announcement
AS Pro Kapital Grupp
LEI code
097900BGM10000061519
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Management interim statement or quarterly financial report
Unique data record identifier
4732
Attachments
Submission date and time
17.11.2014 20:06:53
Content of announcement in Estonian
Title
2014 A. III KVARTALI JA 9 KUU KONSOLIDEERITUD VAHEARUANNE (AUDITEERIMATA)
Message
Tallinn, 2014-11-17 19:06 CET (GLOBE NEWSWIRE) --
2014.a kolmandas kvartalis jätkas AS Pro Kapital Grupp uute hoonete
ehitustöödega kahes elamu-arendusprojektis – Saltiniu Namai kvartalis Vilniuses
ja Tondi Elukvartalis Tallinnas – ning Tallinnas Peterburi tee 2 aadressil
asuva kaubanduskeskuse ehitussüvendi kaevetöödega.
Kogukäive 9 kuu jooksul moodustas 8,2 miljonit eurot, kahanedes võrdlusperioodi
suhtes 12% võrra. Ärikahjum suurenes 9 kuu jooksul 0,6 mln euro võrra (53%)
ning moodustas 1,7 mln eurot (2013 9 kuud: 1,1 mln eurot ärikahjumit).
Ärikahjum kolmandas kvartalis oli 0,5 mln eurot (2013 3. kv: 0,2 mln eurot
ärikahjumit). Puhaskahjum kasvas 9 kuu jooksul 0,9 mln euro võrra (42%)
võrreldes eelmise aasta sama perioodiga moodustades kahjumi 2,9 mln eurot (2013
9 kuud: 2,0 mln eurot kahjumit). 2014 kolmanda kvartali netokahjum oli 0,9 mln
eurot (2013 3. kv: 1,1 mln eurot kahjumit).
Eelmüügid Vilniuse Saltiniu Namai ning Tallinna Tondi Elukvartali projektides
on olnud edukad. Vahearuande avaldamise ajaks on Vilniuse projektis sõlmitud
eelmüügilepingud 19 korterist ja äripinnast 16-le ning Tondi Elukvartali
projektis Tallinnas 31 korterist 16-le. Tallinna projekti heade tulemuste
põhjal alustas Ettevõte eelmüügilepingute sõlmimist teise korterelamu osas, kus
vahearuande avaldamise ajaks on sõlmitud lepingud 2-le korterile 31-st.
Peamised finantsnäitajad
2014 9 kuud
2013 9 kuud 2014 3. kv 2013 3. kv
Käive (tuhat eurot) 8 161
9 247 2 252 2 706
Ärikasum (tuhat eurot) 2 339
2 405 929 773
Brutokasum, % 28,66%
26,01% 41,25% 28,57%
Ärikasum/ -kahjum, (tuhat eurot) -1 720 -1
126 -529 -150
Ärikasum/ -kahjum, % -21,08%
-12,18% -23,49% -5,54%
Puhaskasum/ -kahjum (tuhat eurot) -2 906 -2 048
-946 -653
Puhaskasum/ -kahjum, % -35,61% -22,15%
-42,01% -24,13%
Kasum/ -kahjum aktsia kohta (eurot) -0,04
-0,03 -0,02 -0,01
30.09.2014 31.12.2013
Varad kokku (tuhat eurot) 98 531
98 294
Kohustused kokku (tuhat eurot) 36 204
33 599
Omakapital kokku (tuhat eurot) 62 201
64 695
Võla/omakapitali suhe 0,58
0,52
Varade tootlus, % -2,9%
-2,6%
Omakapitali tootlus, % -4,7%
-4,0%
Aktsia puhasväärtus, eurot 1,15
1,20
Konsolideeritud finantsseisundi vahearuanne
(tuhat eurot) Lisad 30.09.2014
31.12.2013
_____________________________________________________________
VARAD
Käibevara
Raha ja raha ekvivalendid 1 894
2 759
Lühiajalised nõuded 3
233 2 738
Varud
46 768 45 587
______________________
Käibevara kokku 51 895
51 084
Põhivara
Pikaajalised nõuded
168 168
Edasilükkunud tulumaksu vara 538
540
Materiaalne põhivara 5 19 655
20 221
Kinnisvarainvesteeringud 6 26 001
26 001
Immateriaalne vara
274 280
______________________
Põhivara kokku 46
636 47 210
VARAD KOKKU 98 531
98 294
(tuhat eurot) Lisad
30.09.2014 31.12.2013
_____________________________________________________________
KOHUSTUSED JA OMAKAPITAL
Lühiajalised kohustused
Lühiajalised laenukohustused 7 11 504
11 730
Ostjate ettemaksed
990 501
Lühiajalised võlgnevused 3 935
2 133
Maksukohustused
248 189
Lühiajalised eraldised
5 47
______________________
Lühiajalised kohustused kokku 16 682
14 600
Pikaajalised kohustused
Pikaajalised laenukohustused 7 17 603
17 040
Muud pikaajalised kohustused 77
54
Edasilükkunud tulumaksukohustus 1 687
1 758
Pikaajalised eraldised
155 147
_____________________
Pikaajalised kohustused kokku 19 522
18 999
_____________________
KOHUSTUSED KOKKU 36 204
33 599
Emaettevõtte omanikele
kuuluv omakapital
Aktsiakapital nimiväärtuses 10 821
10 821
Aažio
1 474 1 474
Kohustuslik reservkapital 1
064 1 064
Ümberhindlusreserv 11
330 11 330
Kursivahed
-1 151 -1 277
Eelmiste perioodide jaotamata kasum 39 778
42 378
Aruandeperioodi kahjum -2 771
-2 600
_______________________
Emaettevõtte omanikele
kuuluv omakapital kokku 60 545
63 190
Mittekontrolliv osalus 1
782 1 505
_______________________
OMAKAPITAL KOKKU 62 327
64 695
_______________________
KOHUSTUSED JA OMAKAPITAL KOKKU 98 531 98 294
Konsolideeritud koondkasumi vahearuanne
(tuhat eurot) Lisad 2014 9 kuud 2013 9 kuud 2014 3. kv 2013
3. kv
_________________________________________________________________
Põhitegevustulu
Tulu 3, 8 8 161 9 247
2 252 2 706
Müüdud toodete
ja teenuste kulu 9 -5 822 -6 842
-1 323 -1 933
___________________________________________
Brutokasum 2 339 2 405
929 773
Turunduskulu -375 -291
-132 -90
Üldhalduskulu 10 -3 981 -3 321
-1 651 -925
Muud tulud 357 155
122 44
Muud kulud -60 -74
203 48
___________________________________________
Ärikasum (-kahjum) -1 720 -1 126
-529 -150
Finantstulu 11 43 429
2 2
Finantskulu 11 -1208 -1347
-412 -497
____________________________________________
Kasum (-kahjum)
enne tulumaksu -2 885 -2 044
-939 -645
Tulumaks -21 -4
-7 -8
___________________________________________
Puhaskasum (-kahjum) -2 906 -2 048 -946
-653
Kasum (-kahjum) kursivahedest 0 -36
0 0
Emaettevõtte omanikele
kuuluv osa -2 770 -2 108
-824 -665
Mittekontrolliv osalus -136 24
-122 12
Kasum aktsia
kohta (eurot) 12 -0,05 -0,04
-0,02 -0,01
Lahustatud kasum
aktsia kohta (eurot) 12 -0,05 -0,04
-0,02 -0,01
Konsolideeritud rahavoogude vahearuanne
(tuhat eurot) Lisad 2014 9 kuud 2013 9 kuud 2014 3.
kv 2013 3. kv
______________________________________________________________________
Rahajäägi muutus
põhitegevusest
Puhaskahjum -2 906 -2 048
-946 -653
Korrigeerimised:
Materiaalse ja immateriaalse
põhivara kulum 5 527
533 202 127
Kahjum kinnisvara õiglase
väärtuse muutusest 6 560 338
299 238
Kasum põhivara müügist -3 0
-1 0
Kasum osaluse tütarettevõtjas
muutumisest 4 -19
0 0 0
Finantstulud ja –kulud,
neto 11 1 121
1 295 292 488
Kasum (-kahjum) valuutakursi
muutusest 0
0 36 0
Muud mitterahalised tehingud 647 -773
115 75
Muutused:
Lühiajalistes nõuetes ja
ettemaksetes -495
123 -363 -45
Varudes -1 181 1
909 -1 902 438
Kohustustes ja ettemaksetes 2 350 -644
1 526 -90
Provisjonides -42
-1469 -21 -1
_____________________________________________________________________
Rahajäägi muutus põhitegevusest 559 -700 -799
577
_____________________________________________________________________
Rahajäägi muutus
investeerimistegevusest
Materiaalse põhivara
soetamine 5 -79
-33 -45 -2
Tulu põhivara müügist 7
4 1 0
Kinnisvarainvesteeringute
soetamine 6 -560
-338 -299 -238
Tulu tütarettevõtete müügist 142 0
142 0
Saadud intressid 6
11 2 1
______________________________________________________________________
Rahajäägi muutus
investeerimistegevusest -484 -356
-199 -239
______________________________________________________________________
Rahajäägi muutus
finantseerimistegevusest
Aktsiakapitali suurendamine 0 184
0 0
Aažio suurendamine 0 1 474
0 0
Laekunud võlakirjade 547 640
247 640
Võetud laenud 1 840 2 430
493 0
Tagastatud laenud -2 265 -1 762
-188 -389
Makstud intressid -1 062 -1 131
-480 -546
______________________________________________________________________
Rahajäägi muutus
finantseerimistegevusest -940 1 835
72 -295
______________________________________________________________________
Raha ja raha
ekvivalentide muutus -865 779
-926 43
Algbilanss 2 759
707 2 820 1 443
Lõppbilanss 1 894 1
486 1 894 1 486
Iveta Vanaga
Investorsuhete juht
Mobiil: +37129239064
E-mail: [email protected]
Content of announcement in English
Title
CONSOLIDATED INTERIM REPORT FOR III QUARTER AND 9 MONTHS OF 2014 (UNAUDITED)
Message
Tallinn, 2014-11-17 19:06 CET (GLOBE NEWSWIRE) --
During the third quarter of 2014 Pro Kapital continued the construction works
of new buildings in 2 of its new residential development projects – Saltiniu
Namai in Vilnius and Tondi Quarter in Tallinn and the building excavation works
of shopping and entertainment centre located at Peterburi 2, Tallinn.
Total revenue for the first nine months was 8,2 mln EUR, a decrease of 12%
compared to the reference period. Net operating result during nine months of
the year decreased by 0,6 mln EUR (53%) compared to the reference period,
totalling to loss of 1,7 mln EUR (2013 9 months: -1,1 mln EUR). Net operating
loss for the third quarter of 2014 was 0,5 mln EUR (2013 Q3: net operating loss
of 0,2 mln EUR). Net result for the nine months of 2014 has decreased by 0,9
mln EUR (42%) compared to the reference period, totalling to loss -2,9 mln EUR
(2013 9 months: -2,0 mln EUR). Net result for the third quarter of 2014 was
loss 0,9 mln EUR (2013 Q3: net result -0,8 mln EUR).
Presales for Vilnius Saltiniu Namai project and Tallinn’s Tondi residential
quarter have been successfully continued, at the moment of issuing the report
presale agreements for 16 apartments out of 19 in Vilnius and 16 apartments out
of 31 in Tallinn have been already signed. Based on the successful results of
Tallinn project the presale for the 2nd building has been launched with 2
agreements out of 31 flats signed by the moment of issuing the present report.
Key financial figures
2014
9M 2013 9M 2014 Q3 2013 Q3
Revenue, th. EUR 8 161
9 247 2 252 2 706
Gross profit, th. EUR 2 339
2 405 929 773
Gross profit, % 28,66%
26,01% 41,25% 28,57%
Operating result, th. EUR -1 720 -1
126 -529 -150
Operating result, % -21,08%
-12,18% -23,49% -5,54%
Net result, th. EUR -2 906
-2 048 -946 -653
Net result, % -35,61%
-22,15% -42,01% -24,13%
Earnings per share, EUR -0,05
-0,04 -0,02 -0,01
30.09.2014 31.12.2013
Total Assets, th. EUR 98
531 98 294
Total Liabilities, th. EUR 36
204 33 599
Total Equity, th. EUR 62
201 64 695
Debt/ Equity
0,58 0,52
Return on Assets, %
-2,9% -2,6%
Return on Equity, %
-4,7% -4,0%
Net asset value per share, EUR 1,15
1,20
Consolidated interim statements of financial position
(Th. EUR) Notes
30.09.2014 31.12.2013
________________________________________________________________
ASSETS
Current Assets
Cash and cash equivalents 1
894 2 759
Current receivables
3 233 2 738
Inventories
46 768 45 587
_______________________
Total Current Assets 51
895 51 084
Non-Current Assets
Non-current receivables
168 168
Deferred tax assets
538 540
Property, plant and equipment 5 19 655
20 221
Investment property 6
26 001 26 001
Intangible assets
274 280
________________________
Total Non-Current Assets 46 636
47 210
TOTAL ASSETS 98
351 98 294
(Th. EUR) Notes
30.09.2014 31.12.2013
__________________________________________________________________
LIABILITIES AND EQUITY
Current Liabilities
Current debt 7
11 504 11 730
Customer advances
990 501
Current payables
3 935 2 133
Taxes payable
248 189
Short-term provisions
5 47
______________________
Total Current Liabilities
16 682 14 600
Non-Current Liabilities
Long-term debt 7
17 603 17 040
Other long-term liabilities
77 54
Deferred income tax liability
1 687 1 758
Long-term provisions
154 147
______________________
Total Non-Current Liabilities 19
522 18 999
______________________
TOTAL LIABILITIES
36 204 33 599
Equity attributable to equity
holders of the parent
Share capital in nominal value 10
821 10 821
Paid in capital
1 474 1 474
Statutory reserve
1 064 1 064
Revaluation reserve
11 330 11 330
Foreign currency differences
-1 151 -1 277
Retained earnings
39 778 42 378
Profit (loss) for the period
-2 771 -2 600
_____________________
Total equity attributable to
equity holders of the parent 60
545 63 190
_____________________
Non-controlling interest
1 782 1 505
_____________________
TOTAL EQUITY
62 327 64 695
_____________________
TOTAL LIABILITIES AND EQUITY 98 531
98 294
Consolidated interim statements of comprehensive income
(Th. EUR) Notes 2014 9M 2013 9M 2014
Q3 2013 Q3
____________________________________________________________________
Operating income
Revenue 3, 8 8 161 9 247
2 252 2 706
Cost of goods sold 9 -5 822 -6 842
-1 323 -1 933
____________________________________
Gross profit 2 339 2 405
929 773
Marketing expenses -375 -291
-132 -90
Administrative expenses 10 -3 981 -3 321 -1
651 -925
Other income 357 155
122 44
Other expenses -60 -74
203 48
____________________________________
Operating profit (loss) -1 720 -1 126
-529 -150
Financial income 11 43 429
2 2
Financial expense 11 -1 208 -1 347
-412 -497
____________________________________
Profit (loss) before income tax -2 885 -2 044
-939 -645
Income tax -21
-4 -7 -8
____________________________________
Net profit (loss) for the period -2 906 -2 048
-946 -653
Foreign exchange differences 0 -36
0 0
Equity holders of the parent -2 770 -2 108
-824 -665
Non-controlling interest -136 24
-122 12
Earnings per share (EUR) 12 -0,05 -0,04
-0,02 -0,01
Diluted earnings
per share (EUR) 12 -0,05 -0,04
-0,02 -0,01
Consolidated interim statements of cash flows
Th. EUR Note 2014 9M
2013 9M 2014 Q3 2013 Q3
__________________________________________________________________________
Cash flows from operating activities
Profit (loss) for the year -2 906
-2 048 -946 -653
Adjustments for:
Depreciation and amortisation
of non-current assets 5 527
533 202 127
Change in fair value of
investment property 6 560
338 299 238
Gain/loss from sale of PPE -3
0 -1 0
Gain/loss from disposal
of subsidiary 4
-19 0 0 0
Finance income and costs, net 11 1 121 1
295 292 488
Net foreign exchange gain / loss 0
36 0 0
Other non-monetary changes
(net amounts) 647
-773 115 75
Movements in working capital:
Change in trade receivables
and prepayments -495
123 -363 -45
Change in inventories -1 181
1 909 -1 902 438
Change in liabilities and prepayments 2 350
-644 1 526 -90
Change in provisions -42
-1 469 -21 -1
__________________________________________________________________________
Net cash generated by operating activities 559 -700
-799 577
___________________________________________________________________________
Cash flows from investing activities
Payments for property,
plant and equipment 5 -79
-33 -45 -2
Proceeds from disposal of
property, plant and equipment 7
4 1 0
Payments for investment property 6 -560
-338 -299 -238
Proceeds from disposal
of subsidiaries 4 142
0 142 0
Interest received
6 11 2 1
___________________________________________________________________________
Net cash (used in) / generated
by investing activities -484
-356 -199 -239
___________________________________________________________________________
Cash flows from financing activities
Proceeds- increase of share capital 0
184 0 0
Proceeds- increase of paid- in capital 0
1 474 0 0
Net proceeds from bonds 547
640 247 640
Proceeds from borrowings 1 840
2 430 493 0
Repayment of borrowings -2 265
-1 762 -188 -389
Interest paid -1 062
-1 131 -480 -546
___________________________________________________________________________
Net cash used in financing activities -940 1 835
72 -295
___________________________________________________________________________
Net change in cash and cash equivalents -865 779
-926 43
Cash and cash equivalents
at the beginning of the period 2 759
707 2 820 1 443
Cash and cash equivalents
at the end of the period 1 894
1 486 1 894 1 486
Iveta Vanaga
Head of Investor Relations
Phone: +37129239064
E-mail: [email protected]