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
Other price sensitive information
Unique data record identifier
5435
Attachments
Submission date and time
17.04.2015 22:08:14
Content of announcement in Estonian
Title
Auditeeritud majandusaasta aruanne 2014
Message
AS Pro Kapital Grupp nõukogu kiitis 17.04.2014 heaks 2014. aasta auditeeritud
majandusaasta aruande.
Ettevõtte 2014. aasta auditeeritud konsolideeritud müügitulu moodustas 10,335
miljonit eurot. Võrreldes 2013. aasta 12,287 miljoni euroga vähenes käive
15,9%. Ettevõtte 2014. aasta auditeeritud puhaskasum moodustas 21,235 miljonit
eurot, 2013. aastal teenis ettevõte kahjumit 2,578 miljonit eurot.
2014 majandusaasta tulemusi mõjutab oluliselt Ettevõtte juhtkonna otsus ümber
klassifitseerida osa varudena kajastatavaid varasid
kinnisvarainvesteeringutena. Seoses varade ümberklassifitseerimisega sai
Ettevõtte lisatulu ligi 30 miljonit eurot varade ümberhindlusest, kuna varem
soetusmaksumuses kajastatud varud hinnati kinnisvarainvesteeringutena
õiglasesse väärtusesse. Õiglane väärtus leiti sõltumatu hindaja Newsec
Valuation hindamisaktide põhjal.
Auditeeritud majandusaasta ja 2014. a neljanda kvartali vahearuandes avaldatud
aruandeperioodi tulemid (vastavalt 21 235 ja 22 369 tuhat eurot) erinevad 1 134
tuhande euro võrra, mis on eelnevatel perioodidel Läti tütarettevõtetega seoses
kajastatud valuutakursivahed. Kuna Läti liitus 01. jaanuaril 2014 Eurotsooniga,
on antud kursivahesid realiseerunud ja kantud kuludesse. Vahearuandes kajastati
kursivahedest tekkinud kulu koondkasumiaruandes läbi eelnevate perioodide
tulemi, audiitorite soovitusel kajastati 1 131 tuhande euro suurune kursivahe
läbi aruandeperioodi kasumiaruande. Antud muudatus suurendas finantskulusid,
kuid ei avaldanud mõju Ettevõtte bilansile, varade väärtus ja omakapitali
suurus jäid samaks.
2014. aastal alustas Ettevõtte uute hoonete ehitustöödega Tallinnas Tondi
Elukvartalis ning Vilniuses Saltiniu Namai elamukompleksis. Käesolevaks hetkeks
on neis projektides müüdud kokku üle 50 uue korteri ning äripinna, Tondi
Elukvartali esimene uus kortermaja on valminud ning Ettevõte kaalub soodsa
turukonjuktuuri jätkudes ka järgnevate hoonete ehitustöödega alustamist. Lõpule
viidi ka Tallinnas Peterburi tee 2 asuva kaubandus- ja meelelahutuskeskuse
hoone ehitussüvendi kaevetööd ning alustati pakkumusprotsessi ehituse
peatöövõtja valimiseks.
AS Pro Kapital Grupp 2014. aasta konsolideeritud ja auditeeritud aastaaruanne
on kättesaadav ka Ettevõtte kontoris Põhja pst 21 Tallinn kui ka Ettevõtte
koduleheküljel www.prokapital.com.
Allan Remmelkoor
Juhatuse liige
Tel.: 6144 920
Email: [email protected]
Content of announcement in English
Title
Audited annual report 2014
Message
AS Pro Kapital Grupp Council has on 17.04.2014 approved the audited annual
report for the financial year 2014.
Company’s audited and consolidated revenue for financial year 2014 amounted to
10,335 million euros. Compared to the 2013 revenue of 12,287 million euro the
revenue decreased by 15,9%. Company’s audited net profit amounted to 21,235
million euro, in the year 2013 the Company´ net loss amounted to 2,578 million
euro.
Results of 2014 were significantly influenced by the Management decision to
reclassify part of inventories as investment property. Due to reclassification,
the company recorded extra income in amount close to 30 million euros which
comes from difference between former inventories in cost value and investment
properties in fair value. Fair value is based on valuations provided by an
independent valuator Newsec Valuations.
The profit for the period in audited annual report and interim report of fourth
quarter 2014 (21 235 and 22 369 thousand euros respectively) differs by 1 134
thousand euros, the amount of currency exchange differences from Latvian
subsidiaries recorded in preceding periods. As Latvia joined Eurozone on 01
January 2014 the exchange differences are considered realized and are written
off into costs. In the interim report the costs of exchange differences were
recorded in comprehensive income statement through retained earnings, the
auditors have advised to record those losses of exchange difference through
income statement for the period. This adjustment increased financial costs, but
did not reflect on the company’s balance sheet, the value of assets and owners’
equity remains the same.
In 2014 the Company started with construction works of new buildings in Tondi
Elukvartal, Tallinn and Saltiniu Namai residential complex in Vilnius. By the
present moment in total over 50 apartments and business units have been sold in
those projects, the first new apartment building in Tondi Elukvartal is
finished and the Company is planning to continue with construction works of
following buildings provided the market sentiment remains positive. The
excavation works for the building foundation of the shopping and entertainment
centre in Tallinn, Peterburi 2, were also completed and the Company has started
the tender process for choosing the main contractor.
The consolidated and audited annual report of AS Pro Kapital Grupp for
financial year 2014 is also available at the office of the Company located at
Põhja pst 21 Tallinn and also on the company's webpage www.prokapital.com.
Allan Remmelkoor
Member of the Management Board
Tel.: +372 6144 920
Email: [email protected]