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
6389
Attachments
Submission date and time
30.11.2017 16:44:34
Content of announcement in Estonian
Title
2017. aasta III kvartali ja 9 kuu auditeerimata majandustulemused
Message
Trigon Property Development AS tegeleb kinnisvaraarendusega. 30.09.2017 seisuga omas AS Trigon Property Development ühte arendusprojekti, milleks on 22,39 hektari suurune maa-ala Pärnu linnas, Eestis. Alale on plaanis luua tööstus- ja logistikapark. Ettevõtte eesmärk on leida huvitatud ettevõtteid, kes sooviksid tuua oma äritegevuse (tootmine, logistika) Trigon Property Development AS arendusprojekti alale Pärnus, mis võimaldaks ettevõttel lisada väärtust enda omandis olevatele kruntidele. Maa väärtuse realiseerimine on planeeritud kas läbi otsese krundi müügi või läbi maaomandi väljaarendamise rendivoogu tootvaks projektiks. 2017. aasta esimeses kvartalis müüdi 10,4 hektari suurune tootmismaa hinnaga 850 000 eurot. Vastavalt asjaõiguslepingule kohustus Trigon Property Development AS ehitama müüdud maale sissesõidutee. AS Trigon Property Development ja ostja leppisid 08.08.2017 allkirjastatud müügilepingu muudatuses kokku, et ostja ehitab tee ja detailplaneeringujärgsed rajatised ise omal kulul. AS Trigon Property Development ei ole kohustatud teed ning rajatisi ehitama ega tee ehituse eest maksma. Lepinguliste kohustuste muutmise tulemusel korrigeeriti kinnistu müügihinda, Kase tn 17 kinnistu lõplikuks müügihinnaks kujunes 550 000 EUR. 11. mail 2017. aastal toimunud Aktsionäride üldkoosolekul otsustati võtta kasutusele nimiväärtuseta aktsia arvestusliku väärtusega 0,6 eurot. Samuti otsustati vähendada Ettevõtte aktsiakapitali 400 417 euro võrra 2 699 437 eurolt 2 299 020 euroni. Aktsiakapitali vähendatakse aktsiate arvestusliku väärtuse vähendamise teel 0,089 euro võrra aktsia kohta. Aktsiakapitali vähendamine kanti Äriregistrisse 31. augustil 2017. aastal. Aktsiakapitali vähendamisega seotud väljamaksed tehakse aktsionäridele 04. detsembril 2017. aastal. Käesolevas teates esitatud finantsseisundi aruanne seisuga 30.09.2017 kajastab täielikult AS Trigon Property Development varasid, kohustusi ja omakapitali. Vastavalt esitatud koondkasumiaruandele on AS Trigon Property Development 2017. aasta esimese 9 kuu puhaskahjum -60 129 eurot ja puhaskahjum aktsia kohta -0,01336 eurot. Seisuga 30.09.2017 moodustasid AS Trigon Property Development varad kokku 2 292 097 eurot. Ühingu omakapital oli 1 890 104 eurot, mis moodustas 82,46% bilansimahust. Lühendatud finantsseisundi aruanne EUR 30.09.2017 31.12.2016 ----------------------------------------------------- Raha 482 767 38 393 ----------------------------------------------------- Nõuded ja ettemaksud 17 856 5 022 ----------------------------------------------------- Müügiootel vara 0 850 000 ----------------------------------------------------- Käibevara kokku 500 623 893 415 ----------------------------------------------------- Kinnisvarainvesteeringud 1 791 474 1 471 532 ----------------------------------------------------- Põhivara kokku 1 791 474 1 471 532 ----------------------------------------------------- AKTIVA KOKKU 2 292 097 2 364 947 ----------------------------------------------------- Võlad ja ettemaksed 401 993 14 297 ----------------------------------------------------- Lühiajalised kohustused kokku 401 993 14 297 ----------------------------------------------------- Kohustused kokku 401 993 14 297 ----------------------------------------------------- Aktsiakapital nimiväärtuses 2 299 020 2 699 437 ----------------------------------------------------- Ülekurss 226 056 226 056 ----------------------------------------------------- Kohustuslik reservkapital 287 542 287 542 ----------------------------------------------------- Jaotamata kahjum -922 514 -862 385 ----------------------------------------------------- Omakapital kokku 1 890 104 2 350 650 ----------------------------------------------------- PASSIVA KOKKU 2 292 097 2 364 947 ----------------------------------------------------- Lühendatud koondkasumiaruanne EUR 9 kuud 2017 9 kuud 2016 ------------------------------------------------------------------------ Kinnisvarainvesteeringutega seotud kulud -28 616 -7 087 ------------------------------------------------------------------------ Brutokahjum -28 616 -7 087 ------------------------------------------------------------------------ Üldhalduskulud -31 539 -33 873 ------------------------------------------------------------------------ Kahjum kinnisvarainvesteeringu ümberhindlusest 0 -1 600 ------------------------------------------------------------------------ Ärikahjum -60 155 -42 560 ------------------------------------------------------------------------ Neto finantstulu (-kulu) 26 7 ------------------------------------------------------------------------ PERIOODI PUHASKAHJUM -60 129 -42 553 ------------------------------------------------------------------------ PERIOODI KOONDKAHJUM -60 129 -42 553 ------------------------------------------------------------------------ Aivar Kempi Juhatuse liige +372 66 79 200 [email protected]
Content of announcement in English
Title
Unaudited financial report for the third quarter and 9 months of 2017
Message
The main business activity of Trigon Property Development AS is real estate development. As at 30.09.2017, AS Trigon Property Development owned one development project with an area of 22.39 hectares in the City of Pärnu, Estonia. An industrial and logistics park is planned to be developed on this area. The Company’s objective is to find companies willing to bring their business activities (industry, logistics) to the development project area of AS Trigon Property Development in Pärnu, which would add value to the land plots owned by the Company. The realisation of the value of the land is planned through the selling of land plots or through the development of real estate with the intention of creating a rental income-generating project. In the first quarter of 2017 a 10.4-hectare industrial property at the price of 850 000 EUR was sold. According to the real right contract, Trigon Property Development AS was obliged to build a road to the sold land plot. On 08.08.2017 AS Trigon Property Development and the buyer agreed on amending the sales agreement and now the buyer is obliged to build the road and facilities according to the detail plan on its own expense. AS Trigon Property Development no longer is responsible for building the road and facilities and is not obliged to pay for the construction. Due to the change in contractual obligations the sale price of the property was amended and the sale price of Kase str 17 is 550 000 EUR. On 11 May 2017 the Annual General Meeting adopted a resolution to introduce no par value shares with the book value of 0.6 euros and to reduce the share capital of the Company by 400,417 euros from 2,699,020 euros to 2,299,020 euros. Share capital was reduced by reducing book value of the shares by 0.089 euros per share. Share capital reduction will be paid out on 04 December 2017. Condensed statement of financial position as of 30 September 2017 delivered by the present announcement completely reflects the assets, liabilities and equity capital of AS Trigon Property Development. According to the condensed statement of comprehensive income the net loss for first 9 months of 2017 of AS Trigon Property Development is -60,129 euros and the earnings per share is -0.01336 EUR. As of 30 September 2017 the assets of AS Trigon Property Development were 2,292,097 euros. The equity of the company was 1,890,104 euros, corresponding to 82.46 % of the total balance sheet. Condensed statement of financial position EUR 30.09.2017 31.12.2016 ------------------------------------------------------ Cash 482,767 38,393 ------------------------------------------------------ Receivables and prepayments 17,856 5,022 ------------------------------------------------------ Assets held for sale 0 850,000 ------------------------------------------------------ Total current assets 500,623 893,415 ------------------------------------------------------ Investment property 1,791,474 1,471,532 ------------------------------------------------------ Total non-current assets 1,791,474 1,471,532 ------------------------------------------------------ TOTAL ASSETS 2,292,097 2,364,947 ------------------------------------------------------ Payables and prepayments 401,993 14,297 ------------------------------------------------------ Total current liabilities 401,993 14,297 ------------------------------------------------------ Total liabilities 401,993 14,297 ------------------------------------------------------ Share capital at nominal value 2,299,020 2,699,437 ------------------------------------------------------ Share premium 226,056 226,056 ------------------------------------------------------ Statutory reserve capital 287,542 287,542 ------------------------------------------------------ Retained earnings -922,514 -862,385 ------------------------------------------------------ Total equity 1,890,104 2,350,650 ------------------------------------------------------ TOTAL LIABILITIES AND EQUITY 2,292,097 2,364,947 ------------------------------------------------------ Condensed statement of comprehensive income EUR 9 M 2017 9 M 2016 --------------------------------------------------------------- Expenses related to investment property -28,616 -7,087 --------------------------------------------------------------- Gross loss -28,616 -7,087 --------------------------------------------------------------- Administrative and general expenses -31,539 33,873 --------------------------------------------------------------- Change in fair value of investment property 0 -1,600 --------------------------------------------------------------- Operating loss -60,155 -42,560 --------------------------------------------------------------- Net financial income 26 7 --------------------------------------------------------------- NET LOSS FOR THE PERIOD -60,129 -42,553 --------------------------------------------------------------- TOTAL COMPREHENSIVE LOSS -60,129 -42,553 --------------------------------------------------------------- Aivar Kempi Member of the Management Board +372 66 79 200 [email protected]