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Olympic Entertainment Group AS
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Teate ID
2827
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Esitamise kuupäev ja aeg
09.08.2010 08:38:16
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Pealkiri
OEG konsolideeritud auditeerimata majandustulemused, 2. kvartal ja 6 kuud 2010
Teade
Käesoleva aasta 2. kvartalis keskendus Kontsern efektiivsuse tõstmise
tegevustele, samal ajal otsides võimalusi äritegevuse laiendamiseks.
Olulisemad arengud 2. kvartalis 2010:
- Juunis alustati uue ehk kolmanda kasiino projektiga Slovakkias, mille
planeeritud avamise aeg jääb aasta viimasesse kvartalisse. Slovakkia segment on
käesoleval aastal näidanud suurimat tulude kasvu ehk 23,0% võrreldes möödunud
aasta 1. poolaastaga.
- 2. kvartali finantstulemused paranesid nii eelmise aasta 2. kvartaliga kui ka
käesoleva aasta 1. kvartaliga võrreldes kõikidel tegevusturgudel, välja arvatud
Rumeenia. Lisaks Läti ja Slovakkia segmendile jõudsid 2. kvartalis ärikasumisse
ka Eesti ja Leedu segment.
- Juunis lansseeris Eesti esimene netikasiino ja pokkerituba Olympic-Online
käepärased mobiilirakendused, mis võimaldavad mitmeid kasiinomänge mängida otse
iPhone'is ning teistes nutitelefonides.
Ühekordsed negatiivsed mõjud:
-2. kvartalis otsustas Kontsern äritegevuse efektiivsuse tõstmise eesmärgil
sulgeda 3 kasiinot: 1 Eestis ja 2 Poolas. Tulenevalt hinnati alla varasid, mille
mõju 2.kvartali ja 6 kuu 2010 finantstulemustele oli kokku 11,0 miljonit krooni
(0,7 miljonit eurot).
-Lisaks mõjutasid Kontserni äritulusid ja -kasumit negatiivselt käesoleva
aasta
2. kvartalis toimunud suurvõitude väljamaksed Rumeenias.
2010. aasta 2. kvartali äritulud moodustasid 416,1 miljonit krooni (26,6
miljonit eurot), 2009. aasta 2. kvartalis teenis Kontsern jätkuvates
tegevusvaldkondades äritulusid 433,4 miljonit krooni (27,7 miljonit eurot).
Vaatamata äritulude 4%-lisele ehk 17,3 miljonit krooni (1,1 miljonit eurot)
langusele võrrelduna möödunud aasta 2. kvartaliga, teenis Kontsern EBITDAt
käesoleva aasta 2. kvartalis 33,0 miljonit krooni (2,1 miljonit eurot) ehk 96,5%
enam kui jätkuvates tegevusvaldkondades eelmise aasta samal perioodil
(elimineerides ühekordsete kulude mõju 2009. aasta 2. kvartali EBITDAst,
moodustaks kasv kvartalite võrdluses 21,1 miljonit krooni (1,3 miljonit eurot)
ehk 45,8%).
2010. aasta 2. kvartali ärikahjumiks kujunes 10,5 miljonit krooni (0,7 miljonit
eurot), mis on 43,0 miljonit krooni (2,7 miljonit eurot) vähem kui eelmisel
aastal samal perioodil. Ärikasum enne ühekordseid kulusid 2010. aasta 2.
kvartalis oli 0,5 miljonit krooni (0,03 miljonit eurot), möödunud aasta
2.kvartalis teeniti enne ühekordseid kulusid ärikahjumit 35,7 miljonit krooni
(2,3 miljonit eurot).
2010. aasta 2. kvartali tulemuste lühikokkuvõte:
Jätkuvad tegevusvaldkonnad
--------------------------------------------------------------------------------
| Äritulud: | 416,1 | miljonit | (2.kv 2009: 433,4) |
| | | krooni | |
--------------------------------------------------------------------------------
| EBITDA: | 67,1 | miljonit | (2.kv 2009: 34,2) |
| | | krooni | |
--------------------------------------------------------------------------------
| EBIT: | -10,5 | miljonit | (2.kv 2009: -53,5) |
| | | krooni | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Finantstulud ja -kulud | -1,8 | miljonit | (2.kv 2009: -3,0) |
| neto: | | krooni | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Puhaskahjum enne | -12,3 | miljonit | (2.kv 2009: -56,5) |
| tulumaksu: | | krooni | |
--------------------------------------------------------------------------------
1 EUR = 15,6466 EEK
2010. aasta 1. poolaasta kokkuvõttes teenis Kontsern konsolideeritud
müügitulusid 822,0 miljonit krooni (52,5 miljonit eurot) ning äritulusid kokku
828,0 miljonit krooni (52,9 miljonit eurot), mis on 4,2% vähem kui 2009. aasta
1. poolaastal teenitud jätkuvate tegevusvaldkondade 863,9 miljoni kroonine (55,2
miljonit eurot) kogutulu. Kontserni EBITDA kasvas eelmise aasta jätkuvate
tegevusvaldkondade 6 kuu tulemuselt 30,4 miljonit krooni (1,9 miljonit eurot)
käesoleva aasta 6 kuu lõikes 135,9 miljoni kroonini (8,7 miljonit eurot) ning
ärikahjum kahanes vastavalt 141,5 miljonilt kroonilt (9,0 miljonit eurot) 8,9
miljoni kroonini (0,6 miljonit eurot).
2010. aasta 6 kuu tulemuste lühikokkuvõte:
Jätkuvad tegevusvaldkonnad
--------------------------------------------------------------------------------
| Äritulud: | 828,0 | miljonit | (6 k 2009: 863,9) |
| | | krooni | |
--------------------------------------------------------------------------------
| EBITDA: | 135,9 | miljonit | (6 k 2009: 30,4) |
| | | krooni | |
--------------------------------------------------------------------------------
| EBIT: | -8,9 | miljonit | (6 k 2009:-141,5) |
| | | krooni | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Finantstulud ja -kulud | -4,8 | miljonit | (6 k 2009: -1,9) |
| neto: | | krooni | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Puhaskahjum enne | -13,7 | miljonit | (6 k 2009:-143,4) |
| tulumaksu: | | krooni | |
--------------------------------------------------------------------------------
1 EUR = 15,6466 EEK
Kontserni konsolideeritud äritulud koosnesid 2010. aasta ja 2009. aasta
1.poolaastal 93% hasartmängutulust ja 7% muudest tuludest.
Kontsernivälised äritulud
--------------------------------------------------------------------------------
| (tuhandetes EEK) | 6 kuud 2010 | Kasv | Osakaal | 6 kuud 2009 | Osakaal |
--------------------------------------------------------------------------------
| Eesti | 201 166 | 7,1% | 24,3% | 187 846 | 21,7% |
--------------------------------------------------------------------------------
| Läti | 176 707 | -6,2% | 21,3% | 188 299 | 21,8% |
--------------------------------------------------------------------------------
| Leedu | 133 277 | -15,8% | 16,1% | 158 315 | 18,3% |
--------------------------------------------------------------------------------
| Valgevene | 22 545 | 9,1% | 2,7% | 20 658 | 2,4% |
--------------------------------------------------------------------------------
| Poola | 207 981 | -8,0% | 25,1% | 225 995 | 26,2% |
--------------------------------------------------------------------------------
| Rumeenia | 21 435 | -28,5% | 2,6% | 29 992 | 3,5% |
--------------------------------------------------------------------------------
| Slovakkia | 64 899 | 23,0% | 7,9% | 52 760 | 6,0% |
--------------------------------------------------------------------------------
| Kokku | 828 010 | -4,2% | 100,0% | 863 865 | 100,0% |
--------------------------------------------------------------------------------
1 EUR = 15,6466 EEK
2010. aasta 1. poolaasta lõpus oli Kontsernis kokku 64 kasiinot, üldpinnaga 25
409 m². 2009. aasta 1. poolaasta lõpus oli Kontserni kasiinode arv 86 ja
kasiinode üldpind kokku 30 376 m². Käesoleva aasta 1.poolaasta jooksul suleti 1
kasiino Eestis ning 2 kasiinot Poolas.
--------------------------------------------------------------------------------
| Kasiinode arv segmenditi | |
--------------------------------------------------------------------------------
| | 30.06.2010 | 30.06.2009 |
--------------------------------------------------------------------------------
| Eesti | 17 | 23 |
--------------------------------------------------------------------------------
| Läti | 21 | 26 |
--------------------------------------------------------------------------------
| Leedu | 10 | 15 |
--------------------------------------------------------------------------------
| Valgevene | 5 | 5 |
--------------------------------------------------------------------------------
| Poola | 7 | 9 |
--------------------------------------------------------------------------------
| Rumeenia | 2 | 6 |
--------------------------------------------------------------------------------
| Slovakkia | 2 | 2 |
--------------------------------------------------------------------------------
| Kokku | 64 | 86 |
--------------------------------------------------------------------------------
Kontserni 2010. aasta 1. poolaasta konsolideeritud ärikulud enne amortisatsiooni
ja allahindluse kulusid kahanesid võrreldes 2009. aasta 1. poolaasta jätkuvate
tegevusvaldkondade vastavate kuludega kokku 17,0% ehk 141,4 miljoni krooni (9,0
miljonit eurot) võrra, sealhulgas 2. kvartali kulud vähenesid võrreldes möödunud
aasta sama perioodiga 12,6% ehk 50,3 miljonit krooni (3,2 miljonit eurot). Kõige
enam kahanesid võrreldes 2009. aasta 1. poolaastaga tööjõukulud 20,1% ehk 57,7
miljonit krooni (3,7 miljonit eurot), rendikulud 24,8% ehk 27,5 miljonit krooni
(1,8 miljonit eurot) ja hasartmängumaksu kulud 6,9% ehk 14,2 miljonit krooni
(0,9 miljonit eurot).
Suurima osa Kontserni ärikuludest enne amortisatsiooni ja allahindlusi
moodustasid tööjõukulud koos sotsiaalmaksudega 229,8 miljonit krooni (14,7
miljonit eurot), järgnesid hasartmängumaksude kulud 193,0 miljonit krooni (12,3
miljonit eurot), rendikulu 83,3 miljonit krooni (5,3 miljonit eurot) ja
turunduskulud 68,0 miljonit krooni (4,3 miljonit eurot).
Kontserni ärikahjumiks kujunes 8,9 miljonit krooni (0,6 miljonit eurot), 2009.
aasta samal perioodil oli ärikahjum jätkuvates tegevusvaldkondades 141,5
miljonit krooni (9,0 miljonit eurot). Konsolideeritud puhaskahjumiks kujunes
19,2 miljonit krooni (1,2 miljonit eurot). 2009. aasta samal perioodil oli
puhaskahjum jätkuvates tegevusvaldkondades 142,2 miljonit krooni (9,1 miljonit
eurot).
Eesti segment
2010. aasta 1. poolaastal moodustasid Eesti segmendi kontsernivälised äritulud
kokku 201,2 miljonit krooni (12,9 miljonit eurot), millest hasartmängutulud
maapealsetest kasiinodest moodustasid 171,7 miljonit krooni (11,0 miljonit
eurot), hasartmängutulud internetikasiinost 9,7 miljonit krooni (0,6 miljonit
eurot) ja muud tulud 19,8 miljonit krooni (1,3 miljonit eurot).
Eesti segmendi kontsernivälised äritulud kasvasid võrreldes möödunud aasta sama
ajaga 7,1%. Hasartmänguturu langus Eestis 1. poolaastal 2010 võrreldes sama
perioodiga 2009. aastal oli 6%. Olympic Casino Eesti AS turuosa Eesti
hasartmänguturul oli käesoleva aasta juuni lõpus 52%, 1. poolaasta 2009 lõpus
oli Olympic Casino Eesti AS turuosa 47%.
Eesti segmendi EBITDAks 1. poolaastal 2010 kujunes 33,2 miljonit krooni (2,1
miljonit eurot) ja ärikahjumiks kujunes 2,6 miljonit krooni (0,2 miljonit
eurot). 2009. aasta 1. poolaastal teenis Eesti segment EBITDA-t -18,4 miljonit
krooni (-1,2 miljonit eurot) ja ärikahjumit 66,1 miljonit krooni (4,2 miljonit
eurot).
Juuni lõpus tegutses Eestis kokku 17 Olympic kasiinot, milles oli kokku 700
mänguautomaati ja 19 mängulauda.
Läti segment
2010. aasta 1. poolaastal moodustasid Läti segmendi kontsernivälised äritulud
kokku 176,7 miljonit krooni (11,3 miljonit eurot), millest hasartmängutulud
moodustasid 162,4 miljonit krooni (10,4 miljonit eurot) ning muud tulud 14,3
miljonit krooni (0,9 miljonit eurot). Läti segmendi kontsernivälised äritulud
kahanesid võrreldes eelmise aasta sama ajaga 6,2%. Hasartmänguturu langus Lätis
1. poolaastal 2010 võrreldes sama perioodiga 2009. aastal oli 24%. Olympic
Casino Latvia SIA turuosa Läti hasartmänguturul oli juuni lõpus 2010 19%, 1.
poolaasta 2009 lõpus oli Olympic Casino Latvia SIA turuosa 13%.
Läti segmendi EBITDAks 1. poolaastal 2010 kujunes 56,6 miljonit krooni (3,6
miljonit eurot) ja ärikasumiks kujunes 24,2 miljonit krooni (1,5 miljonit
eurot). 2009. aasta 1. poolaastal teenis Läti segment EBITDAt 25,2 miljonit
krooni (1,6 miljonit eurot) ja ärikahjumit 27,0 miljonit krooni (1,7 miljonit
eurot).
Poolaasta lõpus tegutses Lätis kokku 21 Olympic kasiinot, milles oli kokku 651
mänguautomaati ja 18 mängulauda.
Leedu segment
2010. aasta 1. poolaastal moodustasid Leedu segmendi kontsernivälised äritulud
kokku 133,3 miljonit krooni (8,5 miljonit eurot), millest hasartmängutulud
moodustasid 125,6 miljonit krooni (8,0 miljonit eurot) ning muud tulud 7,7
miljonit krooni (0,5 miljonit eurot). Leedu segmendi kontsernivälised äritulud
kahanesid võrreldes eelmise aasta sama ajaga 15,8%. Hasartmänguturu langus
Leedus 1. poolaastal 2010 võrreldes sama perioodiga 2009. aastal oli 25%.
Olympic Casino Group Baltija UAB turuosa Leedu hasartmänguturul tõusis 1.
poolaastal 2010 71%-ni, 1. poolaasta 2009 lõpus oli Olympic Casino Group Baltija
UAB turuosa 62%.
Leedu segmendi EBITDAks 1. poolaastal 2010 kujunes 22,7 miljonit krooni (1,5
miljonit eurot) ja ärikasumiks kujunes 4,9 miljonit krooni (0,3 miljonit eurot).
2009. aasta 1. poolaastal teenis Leedu segment EBITDAt 18,5 miljonit krooni
(1,2 miljonit eurot) ja ärikahjumit 2,6 miljonit krooni (0,2 miljonit eurot).
Kvartali lõpus tegutses Leedus kokku 10 Olympic kasiinot, milles oli kokku 350
mänguautomaati ja 50 mängulauda.
Valgevene segment
2010. aasta 1. poolaastal moodustasid Valgevene segmendi kontsernivälised
äritulud kokku 22,5 miljonit krooni (1,4 miljonit eurot), millest
hasartmängutulud moodustasid 20,3 miljonit krooni (1,3 miljonit eurot) ning muud
tulud 2,2 miljonit krooni (0,1 miljonit eurot). Valgevene segmendi
kontsernivälised äritulud kasvasid võrreldes eelmise aasta sama perioodiga 9,1%.
Valgevene segmendi EBITDAks 1. poolaastal 2010 kujunes 5,2 miljonit krooni (0,3
miljonit eurot) ja ärikahjumiks kujunes 1,9 miljonit krooni (0,1 miljonit
eurot). 2009. aasta 1. poolaastal teenis Valgevene segment EBITDAt 1,7 miljonit
krooni (0,1 miljonit eurot) ja ärikahjumit 5,7 miljonit krooni (0,4 miljonit
eurot).
Kvartali lõpus tegutses Valgevenes kokku 5 Olympic kasiinot, milles oli kokku
246 mänguautomaati.
Poola segment
2010. aasta 1. poolaastal moodustasid Poola segmendi kontsernivälised äritulud
kokku 208,0 miljonit krooni (13,3 miljonit eurot), millest hasartmängutulud
moodustasid 203,5 miljonit krooni (13,0 miljonit eurot) ning muud tulud 4,5
miljonit krooni (0,3 miljonit eurot). Poola segmendi kontsernivälised äritulud
kahanesid võrreldes eelmise aasta sama perioodiga 8,0%.
Poola segmendi EBITDAks 1. poolaastal 2010 kujunes 21,8 miljonit krooni (1,4
miljonit eurot) ja ärikahjumiks kujunes 16,2 miljonit krooni (1,0 miljonit
eurot). Ärikahjumis sisaldub 11,0 miljonit krooni (0,7 miljonit eurot) 2 kasiino
sulgemisega seotud varade allahindluse kulusid. 2009. aasta 1. poolaastal teenis
Poola segment EBITDAt 16,4 miljonit krooni (1,0 miljonit eurot) ja ärikahjumit
8,5 miljonit krooni (0,5 miljonit eurot).
Käesoleva aasta 1. poolaasta jooksul taasavati Poolas üks ning suleti kaks
kasiinot. Juuni lõpus tegutses Poolas kokku 7 Olympic kasiinot, milles oli kokku
338 mänguautomaati ja 46 mängulauda.
Rumeenia segment
2010. aasta 1. poolaastal moodustasid Rumeenia segmendi kontsernivälised
äritulud kokku 21,4 miljonit krooni (1,4 miljonit eurot), millest
hasartmängutulud moodustasid 15,1 miljonit krooni (1,0 miljonit eurot) ning muud
tulud 6,3 miljonit krooni (0,4 miljonit eurot). Rumeenia segmendi
kontsernivälised äritulud kahanesid võrreldes eelmise aasta sama perioodiga
28,5% ning olid mõjutatud Rumeenia hasartmänguturu madalseisust ja 2. kvartalis
toimunud suurvõitude väljamaksetest.
Rumeenia segmendi EBITDAks 1. poolaastal 2010 kujunes -15,4 miljonit krooni
(-1,0 miljonit eurot) ja ärikahjumiks kujunes 22,8 miljonit krooni (1,5 miljonit
eurot). 2009. aasta 1. poolaastal teenis Rumeenia segment EBITDAt -17,5 miljonit
krooni (-1,1 miljonit eurot) ja ärikahjumit 29,7 miljonit krooni (1,9 miljonit
eurot).
Kvartali lõpus tegutses Rumeenias kokku 2 Olympic kasiinot, milles oli kokku 88
mänguautomaati ja 13 mängulauda.
Slovakkia segment
2010. aasta 1. Poolaastal moodustasid Slovakkia segmendi kontsernivälised
äritulud kokku 64,9 miljonit krooni (4,1 miljonit eurot), millest
hasartmängutulud moodustasid 58,3 miljonit krooni (3,7 miljonit eurot) ning muud
tulud 6,6 miljonit krooni (0,4 miljonit eurot). Slovakkia segmendi
kontsernivälised äritulud kasvasid võrreldes eelmise aasta 1. poolaastaga 23,0%.
Slovakkia segmendi EBITDAks 1. poolaastal 2010 kujunes 11,8 miljonit krooni (0,8
miljonit eurot) ja ärikasumiks kujunes 5,4 miljonit krooni (0,3 miljonit eurot).
2009. aasta 1. poolaastal teenis Slovakkia segment EBITDAt 4,5 miljonit krooni
(0,3 miljonit eurot) ja ärikahjumit 1,9 miljonit krooni (0,1 miljonit eurot).
Kvartali lõpus tegutses Slovakkias kokku 2 Olympic kasiinot, milles oli kokku
102 mänguautomaati ja 22 mängulauda.
Finantsseisund
30.06.2010 seisuga oli Kontserni konsolideeritud bilansimaht 1 642,5 miljonit
krooni (105,0 miljonit eurot). 31.12.2009 seisuga oli Kontserni konsolideeritud
bilansimaht 1 776,0 miljonit krooni (113,5 miljonit eurot). Bilansimaht vähenes
poolaasta jooksul 7,5%, mis on olulisemas osas seotud pangalaenu maksetega.
Käibevarad moodustasid varadest 498,6 miljonit krooni (31,9 miljonit eurot) ehk
30,4% kogu varadest ja põhivarad 1 143,9 miljonit krooni (73,1 miljonit eurot)
ehk 69,6% bilansimahust. Immateriaalsed varad moodustasid põhivaradest 447,3
miljonit krooni (28,6 miljonit eurot) ehk 39,1%.
Kontserni kohustused moodustasid bilansipäeval kokku 368,3 miljonit krooni
(23,5 miljonit eurot) ning konsolideeritud omakapital 1 274,3 miljonit krooni
(81,4 miljonit eurot). Kontserni kohustustest suurema osa moodustavad
laenukohustused 170,2 miljonit krooni (10,9 miljonit eurot), maksukohustused
52,9 miljonit krooni (3,4 miljonit eurot) ja kohustused töövõtjatele 46,9
miljonit krooni (3,0 miljonit eurot).
Investeeringud
Kontsern investeeris materiaalsesse põhivarasse 2010. aasta 1. poolaastal 37,3
miljonit krooni (2,4 miljonit eurot), millest 33,6 miljonit krooni (2,1 miljonit
eurot) investeeriti uutesse mänguseadmetesse. Investeeringud immateriaalsesse
põhiavarasse 2010. aasta 1. poolaastal moodustasid 4,2 miljonit krooni (0,3
miljonit eurot).
2009. aasta samal perioodil investeeriti materiaalsesse ja immateriaalsesse
põhivarasse kokku 61,5 miljonit krooni (3,9 miljonit eurot). Olulisem osa
investeeringutest olid seotud Rumeenia pealinnas Bukarestis avatud
esinduskasiinoga ning teise kasiino avamisega Slovakkias.
Rahavood
Kontserni äritegevuse rahavood 2010. aasta 1. poolaastal olid 109,5 miljonit
krooni (7,0 miljonit eurot). Investeerimistegevuse rahavood moodustasid 36,9
miljonilt kroonilt (2,4 miljonit eurot) ja finantseerimistegevuse rahavood
-124,5 miljonit krooni (-8,0 miljonit eurot). Netorahavood kokku moodustasid
21,9 miljonit krooni (1,4 miljonit eurot).
Kontserni äritegevuse rahavood 2009. aasta 1. poolaastal olid 27,4 miljonit
krooni (1,8 miljonit eurot). Investeerimistegevuse rahavood moodustasid -120,6
miljonilt kroonilt (-7,7 miljonit eurot) ja finantseerimistegevuse rahavood 33,7
miljonit krooni (2,2 miljonit eurot). Netorahavood kokku moodustasid -59,5
miljonit krooni (-3,8 miljonit eurot).
Personal
30.06.2010 seisuga andis Kontsern tööd 2 166 inimesele (30.06.2009 Ukrainata: 2
689). Eesti ettevõtetes töötas juuni lõpus 453, Lätis 486, Leedus 514,
Valgevenes 86, Poolas 365, Rumeenias 141 ja Slovakkias 121 inimest.
2010. aasta 1 poolaastal arvestati Kontsernis töötajatele töötasusid koos
sotsiaalmaksudega kokku 229,8 miljonit krooni (14,7 miljonit eurot), möödunud
aastal samal ajal 287,5 miljonit krooni (18,4 miljonit eurot).
Kontserni põhilised arvnäitajad:
Jätkuvad tegevusvaldkonnad
--------------------------------------------------------------------------------
| | 6 kuud 2010 | 6 kuud 2009 | Muutus |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Äritulud (miljon krooni) | 828,0 | 863,9 | -4,2% |
--------------------------------------------------------------------------------
| EBITDA (miljon krooni) | 135,9 | 30,4 | 347,4% |
--------------------------------------------------------------------------------
| Ärikahjum (miljon krooni) | -8,9 | -141,5 | -93,7% |
--------------------------------------------------------------------------------
| Puhaskahjum (miljon krooni) | -19,2 | -142,2 | -86,5% |
--------------------------------------------------------------------------------
| EBITDA marginaal | 16,4% | 3,5% | |
--------------------------------------------------------------------------------
| Ärirentaablus | -1,1% | -16,4% | |
--------------------------------------------------------------------------------
| Puhasrentaablus | -2,3% | -16,5% | |
--------------------------------------------------------------------------------
| Omakapitali suhtarv | 77,6% | 74,2% | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Kasiinode arv perioodi lõpus | 64 | 86 | -22 |
--------------------------------------------------------------------------------
| Kasiinode pind m2 perioodi lõpus | 25 409 | 30 376 | -4 967 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Mänguautomaatide arv perioodi | 2 475 | 3 037 | -562 |
| lõpus | | | |
--------------------------------------------------------------------------------
| Mängulaudade arv perioodi lõpus | 168 | 209 | -41 |
--------------------------------------------------------------------------------
Suhtarvude valemid
o EBITDA = kasum enne finants-, maksu- ning põhivara kulumi- ja väärtuse languse
kulusid
o Ärikasum = kasum enne finants- ja maksukulusid
o Puhaskasum = aruandeperioodi puhaskasum enne vähemusosalust
o EBITDA marginaal = EBITDA / Aritulud
o Ärirentaablus = Ärikasum / Äritulud
o Puhasrentaablus = Puhaskasum / Aritulud
o Omakapitali suhtarv = Omakapital / Varad kokku
1 EUR = 15,6466 EEK
KONSOLIDEERITUD FINANTSSEISUNDI ARUANNE
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| VARAD | (tuhandetes EEK) | (tuhandetes EUR) |
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| |30.06.2010 | 31.12.2009 | 30.06.2010 | 31.12.2009 |
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| Käibevara | | | | |
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| Raha ja raha ekvivalendid | 308 936 | 286 067 | 19 745 | 18 283 |
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| Finantsinvesteeringud | 54 639 | 48 184 | 3 492 | 3 080 |
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| Nõuded ostjate vastu | 9 742 | 5 473 | 623 | 350 |
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| Muud nõuded ja ettemaksed | 76 563 | 73 977 | 4 893 | 4 728 |
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| Ettemakstud tulumaks | 17 923 | 23 437 | 1 145 | 1 498 |
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| Varud | 14 633 | 14 068 | 935 | 899 |
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| Müügiootel põhivarad | 16 144 | 17 833 | 1 032 | 1 140 |
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| Käibevara kokku | 498 580 | 469 039 | 31 865 | 29 978 |
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| Põhivara | | | | |
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| Edasilükkunud | 25 192 | 21 395 | 1 610 | 1 367 |
| tulumaksuvara | | | | |
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| Muud | 14 412 | 61 405 | 921 | 3 924 |
| finantsinvesteeringud | | | | |
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| Muud pikaajalised nõuded | 16 788 | 15 983 | 1 073 | 1 021 |
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| Kinnisvarainvesteeringud | 22 688 | 23 658 | 1 450 | 1 512 |
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| Materiaalne põhivara | 617 584 | 733 757 | 39 471 | 46 896 |
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| Immateriaalne põhivara | 447 285 | 450 778 | 28 587 | 28 810 |
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| Põhivara kokku | 1 143 949 | 1 306 976 | 73 112 | 83 530 |
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| VARAD KOKKU | 1 642 529 | 1 776 015 | 104 977 | 113 508 |
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| KOHUSTUSED JA OMAKAPITAL | (tuhandetes EEK) | (tuhandetes EUR) |
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| |30.06.2010 | 31.12.2009 | 30.06.2010 | 31.12.2009 |
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| KOHUSTUSED | | | | |
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| Lühiajalised kohustused | | | | |
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| Võlakohustused | 48 641 | 88 145 | 3 109 | 5 633 |
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| Ostjate ettemaksed | 20 631 | 16 252 | 1 319 | 1 039 |
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| Võlad tarnijatele | 37 438 | 27 513 | 2 393 | 1 758 |
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| Muud võlad | 2 795 | 2 896 | 178 | 185 |
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| Tulumaksukohustus | 4 195 | 298 | 268 | 19 |
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| Muud maksukohustused | 48 694 | 48 695 | 3 112 | 3 112 |
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| Viitvõlad | 59 282 | 54 774 | 3 789 | 3 501 |
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| Lühiajalised eraldised | 17 543 | 17 947 | 1 121 | 1 147 |
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| Lühiajalised kohustused | 239 219 | 256 520 | 15 289 | 16 394 |
| kokku | | | | |
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| Pikaajalised kohustused | | | | |
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| Edasilükkunud | 7 196 | 4 723 | 460 | 302 |
| tulumaksukohustus | | | | |
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| Pikaajalised | 121 844 | 221 032 | 7 787 | 14 127 |
| võlakohustused | | | | |
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| Pikaajalised kohustused | 129 040 | 225 755 | 8 247 | 14 429 |
| kokku | | | | |
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| Kohustused kokku | 368 259 | 482 275 | 23 536 | 30 823 |
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| OMAKAPITAL | | | | |
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| Aktsiakapital | 1 510 000 | 1 510 000 | 96 507 | 96 507 |
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| Ülekurss | 227 273 | 227 273 | 14 525 | 14 525 |
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| Kohustuslik reservkapital | 37 759 | 37 759 | 2 413 | 2 413 |
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| Realiseerimata kursivahed | 99 | 390 | 6 | 25 |
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| Kogunenud kahjum | -562 729 | -545 450 | -35 965 | -34 861 |
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| Emaettevõtte omanikele | 1 212 402 | 1 229 972 | 77 486 | 78 609 |
| kuuluv omakapital kokku | | | | |
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| Vähemusosalus | 61 868 | 63 768 | 3 955 | 4 076 |
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| Omakapital kokku | 1 274 270 | 1 293 740 | 81 441 | 82 685 |
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| KOHUSTUSED JA OMAKAPITAL | 1 642 529 | 1 776 015 | 104 977 | 113 508 |
| KOKKU | | | | |
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KONSOLIDEERITUD KOONDKASUMIARUANNE
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| | | |
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| (tuhandetes EEK) | 2. kv | 2. kv | 6 k 2010 | 6 k 2009 |
| | 2010 | 2009 | | |
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| Jätkuvad tegevusvaldkonnad | | | | |
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| | | | | |
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| Hasartmängutulud | 383 638 | 403 025 | 766 496 | 805 889 |
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| Müügitulud | 29 349 | 28 080 | 55 514 | 53 872 |
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| Muud äritulud | 3 138 | 2 300 | 6 000 | 4 104 |
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| Äritulud kokku | 416 125 | 433 405 | 828 010 | 863 865 |
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| | | | | |
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| Kaubad, toore, materjal ja | -11 134 | -12 785 | -20 562 | -24 623 |
| teenused | | | | |
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| Mitmesugused tegevuskulud |-221 279 | -245 583 | -440 021 | -505 908 |
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| Tööjõu kulud |-115 473 | -135 248 | -229 783 | -287 505 |
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| Põhivara kulum ja väärtuse | -77 660 | -87 704 | -144 840 | -171 861 |
| langus | | | | |
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| Muud ärikulud | -1 094 | -5 628 | -1 725 | -15 461 |
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| Ärikulud kokku |-426 640 | -486 948 | -836 931 | -1 005 358 |
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| Ärikakahjum | -10 515 | -53 543 | -8 921 | -141 493 |
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| Intressitulud | 1 065 | 2 456 | 2 083 | 5 326 |
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| Intressikulud | -2 650 | -5 417 | -6 311 | -10 828 |
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| Kasum (kahjum) valuutakursi | 96 | 12 | -167 | 3 709 |
| muutustest | | | | |
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| Muud finantstulud ja -kulud | -340 | -24 | -371 | -74 |
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| Finantstulud ja -kulud kokku | -1 829 | -2 973 | -4 766 | -1 867 |
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| Kahjum enne tulumaksu | -12 344 | -56 516 | -13 687 | -143 360 |
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| Tulumaksukulu | -5 272 | 1 576 | -5 492 | 1 207 |
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| JÄTKUVATE TEGEVUSVALDKONDADE | -17 616 | -54 940 | -19 179 | -142 153 |
| PERIOODI PUHASKAHJUM | | | | |
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| LÕPETATUD TEGEVUSVALDKONDADE | 0 | -200 555 | 0 | -210 792 |
| PERIOODI PUHASKAHJUM | | | | |
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| | | | | |
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| PERIOODI PUHASKAHJUM | -17 616 | -255 495 | -19 179 | -352 945 |
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| Muu koondkasum (-kahjum) | | | | |
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| Realiseerimata kursivahed | | | | |
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| jätkuvad tegevusvaldkonnad | -23 261 | 16 032 | -291 | -34 040 |
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| lõpetatud tegevusvaldkonnad | 0 | -1 130 | 0 | 10 210 |
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| Kokku muu koondkasum | -23 261 | 14 902 | -291 | -23 830 |
| (-kahjum) | | | | |
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| Kokku perioodi koondkahjum | -40 877 | -240 593 | -19 470 | -376 775 |
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| Perioodi puhaskahjum | | | | |
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| Vähemusosalus | -5 714 | -261 | -1 900 | -1 270 |
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| Emaettevõtte omanike osa | | | | |
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| jätkuvad tegevusvaldkonnad | -11 902 | -54 679 | -17 279 | -140 883 |
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| lõpetatud tegevusvaldkonnad | 0 | -200 555 | 0 | -210 792 |
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| | -17 616 | -255 495 | -19 179 | -352 945 |
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| Kokku perioodi koondkahjum | | | | |
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| Vähemusosalus | -5 714 | -261 | -1 900 | -1 270 |
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| Emaettevõtte omanike osa | | | | |
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| jätkuvad tegevusvaldkonnad | -35 163 | -38 647 | -17 570 | -174 923 |
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| lõpetatud tegevusvaldkonnad | 0 | -201 685 | 0 | -200 582 |
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| | -40 877 | -240 593 | -19 470 | -376 775 |
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| Jätkuvad tegevusvaldkonnad | | | | |
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| Tava kahjum aktsia kohta | -0,08 | -0,36 | -0,11 | -0,93 |
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| Lahustatud kahjum aktsia | -0,08 | -0,36 | -0,11 | -0,93 |
| kohta | | | | |
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| Lõpetatud tegevusvaldkonnad | | | | |
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| Tava kasum (kahjum) aktsia | 0,00 | -1,33 | 0,00 | -1,40 |
| kohta | | | | |
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| Lahustatud kasum (-kahjum) | 0,00 | -1,33 | 0,00 | -1,40 |
| aktsia kohta | | | | |
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| (tuhandetes EUR) | 2. kv | 2. kv | 6 k 2010 | 6 k 2009 |
| | 2010 | 2009 | | |
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| Jätkuvad tegevusvaldkonnad | | | | |
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| | | | | |
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| Hasartmängutulud | 24 519 | 25 758 | 48 988 | 51 506 |
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| Müügitulud | 1 876 | 1 795 | 3 548 | 3 443 |
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| Muud äritulud | 200 | 147 | 383 | 262 |
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| Äritulud kokku | 26 595 | 27 700 | 52 919 | 55 211 |
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| | | | | |
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| Kaubad, toore, materjal ja | -712 | -817 | -1 314 | -1 574 |
| teenused | | | | |
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| Mitmesugused tegevuskulud |-14 142 |-15 696 | -28 122 | -32 333 |
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| Tööjõu kulud | -7 380 | -8 644 | -14 686 | -18 375 |
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| Põhivara kulum ja väärtuse langus | -4 963 | -5 605 | -9 257 | -10 984 |
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| Muud ärikulud | -70 | -360 | -110 | -988 |
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| Ärikulud kokku |-27 267 |-31 122 | -53 489 | -64 254 |
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| Ärikahjum | -672 | -3 422 | -570 | -9 043 |
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| Intressitulud | 68 | 157 | 133 | 340 |
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| Intressikulud | -169 | -346 | -403 | -692 |
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| Kasum (kahjum) valuutakursi | 6 | 1 | -11 | 238 |
| muutustest | | | | |
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| Muud finantstulud ja -kulud | -22 | -2 | -23 | -5 |
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| Finantstulud ja -kulud kokku | -117 | -190 | -304 | -119 |
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| Kahjum enne tulumaksu | -789 | -3 612 | -874 | -9 162 |
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| Tulumaksukulu | -337 | 101 | -351 | 77 |
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| JÄTKUVATE TEGEVUSVALDKONDADE | -1 126 | -3 511 | -1 225 | -9 085 |
| PERIOODI PUHASKAHJUM | | | | |
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| LÕPETATUD TEGEVUSVALDKONDADE | 0 | -12 818| 0 | -13 472 |
| PERIOODI PUHASKAHJUM | | | | |
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| PERIOODI PUHASKAHJUM | -1 126 | -16 329| -1 225 | -22 557 |
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| Muu koondkasum (-kahjum) | | | | |
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| Realiseerimata kursivahed | | | | |
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| jätkuvad tegevusvaldkonnad | -1 487 | 1 025 | -19 | -2 176 |
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| lõpetatud tegevusvaldkonnad | 0 | -73 | 0 | 653 |
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| Kokku muu koondkasum (-kahjum) | -1 487 | 952 | -19 | -1 523 |
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| Kokku perioodi koondkahjum | -2 613 | -15 377| -1 244 | -24 080 |
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| Perioodi puhaskahjum | | | | |
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| Vähemusosalus | -365 | -17 | -121 | -81 |
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| Emaettevõtte omanike osa | | | | |
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| jätkuvad tegevusvaldkonnad | -761 | -3 494 | -1 104 | -9 004 |
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| lõpetatud tegevusvaldkonnad | 0 | -12 818| 0 | -13 472 |
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| | | -1 126 |-16 329 | -1 225 | -22 557 |
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| Kokku perioodi koondkahjum | | | | |
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| Vähemusosalus | -365 | -17 | 121 | -81 |
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| Emaettevõtte omanike osa | | | | |
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| jätkuvad tegevusvaldkonnad | -2 248 | -2 470 | -1 365 | -11 180 |
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| lõpetatud tegevusvaldkonnad | 0 |-12 890 | 0 | -12 820 |
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| | | -2 613 |-15 377 | -1 244 | -24 080 |
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| Jätkuvad tegevusvaldkonnad | | | | |
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| Tava kahjum aktsia kohta | -0,01 | -0,02 | -0,01 | -0,06 |
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| Lahustatud kahjum aktsia kohta | -0,01 | -0,02 | -0,01 | -0,06 |
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| Lõpetatud tegevusvaldkonnad | | | | |
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| Tava kasum (kahjum) aktsia kohta | 0,00 | -0,08 | 0,00 | -0,09 |
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| Lahustatud kasum (-kahjum) aktsia | 0,00 | -0,08 | 0,00 | -0,09 |
| kohta | | | | |
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Lisainfo:
Kristi Ojakäär
CFO
Olympic Entertainment Group AS
Tel + 372 667 1250
E-post: [email protected]
http://www.olympic-casino.com
Teate sisu inglise keeles
Pealkiri
OEG consolidated unaudited results for Q2 and 6 months of 2010
Teade
In the 2nd quarter of 2010 the Group was focused on efficiency improvement and at the same time was looking for business activity broadening opportunities. Significant developments in Q2 2010: -In June a new (3rd) casino project was started in Slovakia, projected opening time is within the last quarter of the year. Revenues of Slovakian segment have been growing fastest during this year, the growth composed 23.0% compared to the 1st half year of the last year. -The financial results have improved on all of the operational markets, except of Romania, compared both to Q2 2009 and to Q1 2010. In Q2 2010 Estonian and Lithuanian segments have also achieved operational profit in addition to Latvian and Slovakian segments. -In June Olympic Online has launched the first Estonian mobile application for online casino and poker room, which allows playing various casino games directly from iPhone and other smart phones. Extraordinary negative influences: -In the 2nd quarter the Group has decided to close 3 casinos in order to improve operational efficiency: 1 in Estonia and 2 in Poland. This has caused assets impairment, which has influenced Q2 and 6 months 2010 financial results by 11.0 million kroons (0.7 million euros). -In addition to casino closures, Group´s Q2 2010 revenue and profit were also negatively influenced by large winnings´ payouts in Romania. In Q2 2010 Group´s revenue composed 416.1 million kroons (26.6 million euros), in Q2 2009 Group earned 433.4 million kroons (27.7 million euros) of revenue from continuing operations. Despite of 4% or 17.3 million kroons (1.1 million euros) decline compared to the 2nd quarter last year, the Group has earned an EBITDA of 33.0 million kroons (2.1 million euros) in Q2, that is 96.5% more than within the same period last year from continuing operations (eliminating an influence of non-recurring expenses from 2009 Q2 EBIDTA, the quarterly growth would compose 21.1 million kroons (1.3 million euros) or 45.8%). Operating loss of Q2 2010 was 10.5 million kroons (0.7 million euros), which is 43.0 million kroons (2.7 million euros) less compared to the same period last year. Operating profit before non-recurring expenses in Q2 2010 composed 0.5 million kroons (0.03 million euros), in Q2 2009 the Group has earned an operating loss before non-recurring expenses of 35.7 million kroons (2.3 million euros). Selected financial data, Q2 2010: Continuing operations -------------------------------------------------------------------------------- | Revenue: | 416.1 | million | (Q2 2009: 433.4) | | | | kroons | | -------------------------------------------------------------------------------- | EBITDA: | 67.1 | million | (Q2 2009: 34.2) | | | | kroons | | -------------------------------------------------------------------------------- | EBIT: | -10.5 | million | (Q2 2009: -53.5) | | | | kroons | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Financial income and | -1.8 | million | (Q2 2009: -3.0) | | expenses net: | | kroons | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Net loss before income | -12.3 | million | (Q2 2009: -56.5) | | tax: | | kroons | | -------------------------------------------------------------------------------- 1 EUR = 15.6466 EEK In the first half of 2010 the Group has earned 822.0 million kroons (52.5 million euros) of consolidated sales revenue and 828.0 million kroons (52.9 million euros) of total revenue, which is 4.2% less than 863.9 million kroons (55.2 million euros) total revenue earned from continuing operations in the first half of 2009. Group´s EBITDA has grown from 30.4 million kroons (1.9 million euros) earned from continuing operations in the first 6 months of 2009 to 135.9 million kroons (8.7 million euros) earned in the first half of the current year and operating loss decreased responsively from 141.5 million kroons (9.0 million euros) to 8.9 million kroons (0.6 million euros). Selected financial data 2010, 6 months 2010: Continuing operations -------------------------------------------------------------------------------- | Revenue: | 828.0 | million | (6 months 2009: 863.9) | | | | kroons | | -------------------------------------------------------------------------------- | EBITDA: | 135.9 | million | (6 months 2009: 30.4) | | | | kroons | | -------------------------------------------------------------------------------- | EBIT: | -8.9 | million | (6 months 2009:-141.5) | | | | kroons | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Financial income and | -4.8 | million | (6 months 2009: -1.9) | | expenses net: | | kroons | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Net loss before income | -13.7 | million | (6 months 2009:-143.4) | | tax: | | kroons | | -------------------------------------------------------------------------------- 1 EUR = 15.6466 EEK In the first half of 2010 and 2009 93% of consolidated revenue was formed by gaming operations and 7% of other income. External revenue by segments -------------------------------------------------------------------------------- | (thousands EEK) | 6 months | Growth | Proportion| 6 months | Proportion | | | 2010 | | | 2009 | | -------------------------------------------------------------------------------- | Estonia | 201,166 | 7.1% | 24.3% | 187,846 | 21.7% | -------------------------------------------------------------------------------- | Latvia | 176,707 | -6.2% | 21.3% | 188,299 | 21.8% | -------------------------------------------------------------------------------- | Lithuania | 133,277 | -15.8% | 16.1% | 158,315 | 18.3% | -------------------------------------------------------------------------------- | Belarus | 22,545 | 9.1% | 2.7% | 20,658 | 2.4% | -------------------------------------------------------------------------------- | Poland | 207,981 | -8.0% | 25.1% | 225,995 | 26.2% | -------------------------------------------------------------------------------- | Romania | 21,435 | -28.5% | 2.6% | 29,992 | 3.5% | -------------------------------------------------------------------------------- | Slovakia | 64,899 | 23.0% | 7.9% | 52,760 | 6.0% | -------------------------------------------------------------------------------- | Total | 828,010 | -4.2% | 100.0% | 863,865 | 100.0% | -------------------------------------------------------------------------------- 1 EUR = 15.6466 EEK At the end of the first half of 2010, Group operated 64 casinos with a total area of 25,409 m². At the end of June 2009 Group had 86 casinos with a total area of 30,376 m². During the first half of 2010 1 casino in Estonia and 2 casinos in Poland were closed. -------------------------------------------------------------------------------- | Number of casinos by segments | | | | | -------------------------------------------------------------------------------- | | 30.06.2010 | 30.06.2009 | -------------------------------------------------------------------------------- | Estonia | 17 | 23 | -------------------------------------------------------------------------------- | Latvia | 21 | 26 | -------------------------------------------------------------------------------- | Lithuania | 10 | 15 | -------------------------------------------------------------------------------- | Belarus | 5 | 5 | -------------------------------------------------------------------------------- | Poland | 7 | 9 | -------------------------------------------------------------------------------- | Romania | 2 | 6 | -------------------------------------------------------------------------------- | Slovakia | 2 | 2 | -------------------------------------------------------------------------------- | Total | 64 | 86 | -------------------------------------------------------------------------------- Group consolidated expenses before depreciation and impairment in the 1st half of 2010 have decreased 17.0% or 141.4 million kroons (9.0 million euros) compared to the expenses from continuing operations in the 1st half of 2009, including decrease of Q2 expenses by 12.6% or 50.3 million kroons (3.2 million euros) compared to the same period a year ago. The strongest decline compared to the 1st half of 2009 came from personnel expenses 20.1% or 57.7 million kroons (3.7 million euros), rental expenses 24.8% or 27.5 million kroons (1.8 million euros) and gaming tax expenses 6.9% or 14.2 million kroons (0.9 million euros). The largest Group expense article before depreciation and impairment is personnel expenses including social charges of 229.8 million kroons (14.7 million euros), followed by gaming tax expenses of 193.0 million kroons (12.3 million euros), rental expenses of 83.3 million kroons (5.3 million euros) and marketing expenses of 68.0 million kroons (4.3 million euros). Group´s operating loss amounted to 8.9 million kroons (0.6 million euros), in the same period of 2009 operating loss from continuing operations totalled 141.5 million kroons (9.0 million euros). Consolidated net loss equalled 19.2 million kroons (1.2 million euros). In the 1st half of 2009 consolidated net loss from continuing operations amounted to 142.2 million kroons (9.1 million euros). Estonian segment In the 1st half of 2010 the segment external revenue amounted to 201.2 million kroons (12.9 million euros), including landbase gaming revenue of 171.7 million kroons (11.0 million euros), online gaming revenue of 9.7 million kroons (0.6 million euros) and other revenue of 19.8 million kroons (1.3 million euros). Estonian segment external revenue has grown 7.1% compared to the same period last year. Decline of the Estonian gaming market in the 1st half of 2010 compared to the same period last year composed 6%. Olympic Casino Eesti AS market share on Estonian gaming market at the end of June 2010 composed 52%, at the end of 1st half of 2009 Olympic Casino Eesti AS market share amounted to 47%. Estonian segment 2010 H1 EBITDA equalled 33.2 million kroons (2.1 million euros) and operating loss amounted to 2.6 million kroons (0.2 million euros). In the 1st half of 2009 Estonian segment has earned an EBIDTA of -18.4 million kroons (-1.2 million euros) and operating loss of 66.1 million kroons (4.2 million euros). At the end of June, there were 17 Olympic Casinos in Estonia with a total of 700 slot machines and 19 game tables. Latvian segment In the 1st half of 2010 Latvian segment external revenue amounted to 176.7 million kroons (11.3 million euros), including gaming revenue of 162.4 million kroons (10.4 million euros) and other revenue of 14.3 million kroons (0.9 million euros). Latvian segment external revenue has decreased 6.2% compared to the same period last year. The decline of the gaming market in Latvia in the 1st half of 2010 composed 24% compared to the same period last year. At the end of June 2010 Olympic Casino Latvia SIA market share on the Latvian gaming market composed 19%, at the end of the 1st half of 2009 Olympic Casino Latvia SIA market share was 13%. Latvian segment EBITDA for the 1st half of 2010 equalled 56.7 million kroons (3.6 million euros) and operating profit amounted to 24.2 million kroons (1.5 million euros). In the 1st half of 2009 Latvian segment has earned an EBITDA of 25.2 million kroons (1.6 million euros) and operating loss of 27.0 million kroons (1.7 million euros). At the end of the June 2010 there were 21 Olympic casinos in Latvia with a total of 651 slot machines and 18 game tables. Lithuanian segment Lithuanian segment has finished the 1st half of 2010 with an external revenue of 133.3 million kroons (8.5 million euros), including gaming revenue of 125.6 million kroons (8.0 million euros) and other revenue of 7.7 million kroons (0.5 million euros). Lithuanian segment external revenue has decreased by 15.8% compared to the same period last year. Decline of the gaming market in Lithuania in the 1st half of 2010 totalled 25% in comparison with the 1st half of 2009. At the end of June 2010 Olympic Casino Group Baltija UAB market share on Lithuanian gaming market has grown up to 71%, at the end of June 2009 Olympic Casino Group Baltija UAB market share was 62%. Lithuanian segment EBITDA in the 1st half of 2010 amounted to 22.7 million kroons (1.5 million euros) and operating profit equalled 4.9 million kroons (0.3 million euros). In the 1st 6 months of 2009 Lithuanian segment has earned an EBITDA of 18.5 million kroons (1.2 million euros) and operating loss of 2.6 million kroons (0.2 million euros). At the end of June there were 10 Olympic casinos in Lithuania with a total of 350 slot machines and 50 game tables. Belarus segment Belarus segment external revenue for the 1st half of 2010 amounted to 22.5 million kroons (1.4 million euros), including gaming revenue of 20.3 million kroons (1.3 million euros) and other revenue of 2.2 million kroons (0.1 million euros). Belarus segment external revenue has grown 9.1% compared to the same period a year ago. Belarus segment EBITDA for the 1st 6 months of 2010 totalled 5.2 million kroons (0.3 million euros) and operating loss equalled 1.9 million kroons (0.1 million euros). In the 1st half of 2009 Belarus segment has earned an EBITDA of 1.7 million kroons (0.1 million euros) and operating loss of 5.7 million kroons (0.4 million euros). At the end of June 2010, 5 Olympic Casinos were operating in Belarus with a total of 246 slot machines. Polish segment Polish segment has finished the 1st half of 2010 with an external revenue of 208.0 million kroons (13.3 million euros), including gaming revenue of 203.5 million kroons (13.0 million euros) and other revenue of 4.5 million kroons (0.3 million euros). External revenue of the Polish segment has decreased by 8.0% compared to the same period last year. Polish segment 2010 6 months EBIDTA totalled 21.8 million kroons (1.4 million euros) and operating loss was 16.2 million kroons (1.0 million euros). Operating loss includes 11.0 million kroons (0.7 million euros) of assets impairment expenses connected with closure of 2 casinos. In the 1 half of 2009 Polish segment has earned an EBITDA of 16.4 million kroons (1.0 million euros) and operating loss of 8.5 million kroons (0.5 million euros). During the 1st half of 2010 1 casino was reopened and 2 casinos were closed in Poland. At the end of June there were 7 Olympic casinos in Poland with a total of 338 slot machines and 46 game tables. Romanian segment In the 1st half of 2010 Romanian segment external revenue equalled 21.4 million kroons (1.4 million euros), including gaming revenue of 15.1 million kroons (1.0 million euros) and other revenue of 6.3 million kroons (0.4 million euros). Romanian segment external revenue has declined by 28.5% compared to the 1st half of 2009 being influenced by the overall decline of Romanian gaming market and large winnings´ payouts that have taken place in the 2nd quarter of 2010. Romanian segment EBITDA for the 1st half of 2010 composed -15.4 million kroons (-1.0 million euros) and operating loss was 22.8 million kroons (1.5 million euros). During the 1st 6 months of 2009 Romanian segment has earned an EBITDA of -17.5 million kroons (-1.1 million euros) and operating loss of 29.7 million kroons (1.9 million euros). At the end of June 2010 there were 2 Olympic casinos operating in Romania with a total of 88 slot machines and 13 game tables. Slovakian segment In the 1st half of 2010 Slovakian segment has earned 64.9 million kroons (4.1 million euros) of external revenue, including gaming revenue of 58.3 million kroons (3.7 million euros) and other revenue of 6.6 million kroons (0.4 million euros). Slovakian segment external revenue has grown by 23.0% compared to the 1st half of 2009. Slovakian segment EBITDA for the 1st half of 2010 amounted to 11.8 million kroons (0.8 million euros) and operating profit was 5.4 million kroons (0.3 million euros). In the 1st half of 2009 Slovakian segment has earned an EBITDA of 4.5 million kroons (0.3 million euros) and operating loss of 1.9 million kroons (0.1 million euros). At the end of June 2010 there were 2 Olympic casinos operating in Slovakia with a total of 102 slot machines and 22 game tables. Financial position At June 30th 2010, the consolidated balance sheet of Group totaled 1,642.5 million kroons (105.0 million euros). At 31st December 2009, the consolidated balance sheet of Group amounted to 1,776.0 million kroons (113.5 million euros). Balance sheet volume has decreased by 7.5% within the 1st half of the year, which is mostly connected with loan repayment. Current assets accounted for 498.6 million kroons (31.9 million euros) or 30.4% of total assets and non-current assets for 1,143.9 million kroons (73.1 million euros) or 69.6% of total assets. Intangible assets accounted for 447.3 million kroons (28.6 million euros) or 39.1% non-current assets. At 30th June 2010 Group´s liabilities amounted to 368.3 million kroons (23.5 million euros) and consolidated equity totalled 1,274.3 million kroons (81.4 million euros). The largest part of Group´s liabilities were loans in amount of 170.2 million kroons (10.9 million euros), tax commitments of 52.9 million kroons (3.4 million euros) and payables to employees of 46.9 million kroons (3.0 million euros). Investments In the 1st half of 2010 Group´s investments into tangible assets amounted to 37.3 million kroons (2.4 million euros), including 33.6 million kroons (2.1 million euros) invested into new gaming equipment. Investment into intangible assets within the 1st 6 months of 2010 equalled 4.2 million kroons (0.3 million euros). In the 1st half of 2009 a total of 61.5 million kroons (3.9 million euros) was invested into tangible and intangible fixed assets. The major part of investments was connected with the flagship casino opened in Romanian capital Bucharest and the opening of the second casino in Slovakia. Cash flows Group´s operational cash flows during the 1st half of 2010 were 109.5 million kroons (7.0 million euros). Cash flows from investing activities were 36.9 million kroons (2.4 million euros) and cash outflows from financing activities were 124.5 million kroons (8.0 million euros). Net cash flows amounted to 21.9 million kroons (1.4 million euros). Group´s operational cash flows in the 1st half of 2009 were 27.4 million kroons (1.8 million euros). Cash outflows from investing activities composed 120.6 million kroons (7.7 million euros) and cash flows from financing activities were 33.7 million kroons (2.2 million euros). Net cash outflows were 59.5 million kroons (3.8 million euros). People At June 30th 2010, the Group employed 2,166 people (30.06.2009 excluding Ukraine: 2,689): 453 in Estonia, 486 in Latvia, 514 in Lithuania, 86 in Belarus, 365 in Poland, 141 in Romania and 121 in Slovakia. Employee remuneration expenses including social charges in the 1st half of 2010 amounted to 229.8 million kroons (14.7 million euros); last year the relevant figure was 287.5 million kroons (18.4 million euros). The Group's key financials Continuing operations -------------------------------------------------------------------------------- | | 6 months | 6 months | Change | | | 2010 | 2009 | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Revenue (million kroons) | 828.0 | 863.9 | -4.2% | -------------------------------------------------------------------------------- | EBITDA (million kroons) | 135.9 | 30.4 | 347.4% | -------------------------------------------------------------------------------- | Operating loss (million kroons) | -8.9 | -141.5 | -93.7% | -------------------------------------------------------------------------------- | Net loss (million kroons) | -19.2 | -142.2 | -86.5% | -------------------------------------------------------------------------------- | EBITDA margin | 16.4% | 3.5% | | -------------------------------------------------------------------------------- | Operating margin | -1.1% | -16.4% | | -------------------------------------------------------------------------------- | Net margin | -2.3% | -16.5% | | -------------------------------------------------------------------------------- | Equity ration | 77.6% | 74.2% | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Number of casinos at the end of | 64 | 86 | -22 | | the period | | | | -------------------------------------------------------------------------------- | Total area of casinos m2 at the | 25,409 | 30,376 | -4,967 | | end of the period | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Number of slots at the end of the | 2,475 | 3,037 | -562 | | period | | | | -------------------------------------------------------------------------------- | Number of game tables at the end | 168 | 209 | -41 | | of the period | | | | -------------------------------------------------------------------------------- Underlying formulas o EBITDA = earnings before financial expenses, taxes, depreciation, amortization and impairment losses o Operating profit = profit before financial expenses and taxes o Net profit = net profit for the period before minority interest o EBITDA margin = EBITDA / revenue o Operating margin = operating profit / revenue o Net margin = net profit / revenue o Equity ratio = equity / total assets 1 EUR = 15.6466 EEK CONSOLIDATED STATEMENT OF FINANCIAL POSITION -------------------------------------------------------------------------------- | ASSETS | (In thousands of | (In thousands of euro) | | | Estonian kroons) | | -------------------------------------------------------------------------------- | | 30.06.2010| 31.12.2009 | 30.06.2010| 31.12.2009 | | | | | | | -------------------------------------------------------------------------------- | Current assets | | | | | -------------------------------------------------------------------------------- | Cash and cash | 308,936 | 286,067 | 19,745 | 18,283 | | equivalents | | | | | -------------------------------------------------------------------------------- | Financial investments | 54,639 | 48,184 | 3,492 | 3,080 | -------------------------------------------------------------------------------- | Trade receivables | 9,742 | 5,473 | 623 | 350 | -------------------------------------------------------------------------------- | Other receivables and | 76,563 | 73,977 | 4,893 | 4,728 | | prepayments | | | | | -------------------------------------------------------------------------------- | Prepaid income tax | 17,923 | 23,437 | 1,145 | 1,498 | -------------------------------------------------------------------------------- | Inventories | 14,633 | 14,068 | 935 | 899 | -------------------------------------------------------------------------------- | Non-current assets held | 16,144 | 17,833 | 1,032 | 1,140 | | for sale | | | | | -------------------------------------------------------------------------------- | Total current assets | 498,580 | 469,039 | 31,865 | 29,978 | -------------------------------------------------------------------------------- | Non-current assets | | | | | -------------------------------------------------------------------------------- | Deferred tax assets | 25,192 | 21,395 | 1,610 | 1,367 | -------------------------------------------------------------------------------- | Financial investments | 14,412 | 61,405 | 921 | 3,924 | -------------------------------------------------------------------------------- | Other long-term | 16,788 | 15,983 | 1,073 | 1,021 | | receivables | | | | | -------------------------------------------------------------------------------- | Investment property | 22,688 | 23,658 | 1,450 | 1,512 | -------------------------------------------------------------------------------- | Property, plant and | 617,584 | 733,757 | 39,471 | 46,896 | | equipment | | | | | -------------------------------------------------------------------------------- | Intangible assets | 447,285 | 450,778 | 28,587 | 28,810 | -------------------------------------------------------------------------------- | Total non-current assets | 1,143,949 | 1,306,976 | 73,112 | 83,530 | -------------------------------------------------------------------------------- | TOTAL ASSETS | 1,642,529 | 1,776,015 | 104,977 | 113,508 | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | LIABILITIES AND EQUITY | (In thousands of | (In thousands of euro) | | | Estonian kroons) | | -------------------------------------------------------------------------------- | | 30.06.2010| 31.12.2009 | 30.06.2010| 31.12.2009 | | | | | | | -------------------------------------------------------------------------------- | LIABILITIES | | | | | -------------------------------------------------------------------------------- | Current liabilities | | | | | -------------------------------------------------------------------------------- | Borrowings | 48,641 | 88,145 | 3,109 | 5,633 | -------------------------------------------------------------------------------- | Customer advances | 20,631 | 16,252 | 1,319 | 1,039 | -------------------------------------------------------------------------------- | Trade payables | 37,438 | 27,513 | 2,393 | 1,758 | -------------------------------------------------------------------------------- | Other payables | 2,795 | 2,896 | 178 | 185 | -------------------------------------------------------------------------------- | Income tax payable | 4,195 | 298 | 268 | 19 | -------------------------------------------------------------------------------- | Other tax liabilities | 48,694 | 48,695 | 3,112 | 3,112 | -------------------------------------------------------------------------------- | Other accrued payables | 59,282 | 54,774 | 3,789 | 3,501 | -------------------------------------------------------------------------------- | Provisions | 17,543 | 17,947 | 1,121 | 1,147 | -------------------------------------------------------------------------------- | Total current | 239,219 | 256,520 | 15,289 | 16,394 | | liabilities | | | | | -------------------------------------------------------------------------------- | Non-current liabilities | | | | | -------------------------------------------------------------------------------- | Deferred tax liability | 7,196 | 4,723 | 460 | 302 | -------------------------------------------------------------------------------- | Borrowings | 121,844 | 221,032 | 7,787 | 14,127 | -------------------------------------------------------------------------------- | Total non-current | 129,040 | 225,755 | 8,247 | 14,429 | | liabilities | | | | | -------------------------------------------------------------------------------- | Total liabilities | 368,259 | 482,275 | 23,536 | 30,823 | -------------------------------------------------------------------------------- | EQUITY | | | | | -------------------------------------------------------------------------------- | Share capital | 1,510,000 | 1,510,000 | 96,507 | 96,507 | -------------------------------------------------------------------------------- | Share premium | 227,273 | 227,273 | 14,525 | 14,525 | -------------------------------------------------------------------------------- | Statutory reserve | 37,759 | 37,759 | 2,413 | 2,413 | | capital | | | | | -------------------------------------------------------------------------------- | Translation reserves | 99 | 390 | 6 | 25 | -------------------------------------------------------------------------------- | Retained earnings | -562,729 | -545,450 | -35,965 | -34,861 | -------------------------------------------------------------------------------- | Total equity | 1,212,402 | 1,229,972 | 77,486 | 78,609 | | attributable to | | | | | | equity | | | | | | holders of the | | | | | | parent | | | | | -------------------------------------------------------------------------------- | Minority interest | 61,868 | 63,768 | 3,955 | 4,076 | -------------------------------------------------------------------------------- | Total equity | 1,274,270 | 1,293,740 | 81,441 | 82,685 | -------------------------------------------------------------------------------- | TOTAL LIABILITIES AND | 1,642,529 | 1,776,015 | 104,977 | 113,508 | | EQUITY | | | | | -------------------------------------------------------------------------------- CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME -------------------------------------------------------------------------------- | (In thousands of Estonian | | | | | | kroons) | | | | | -------------------------------------------------------------------------------- | | Q2 2010 | Q2 2009 | 6M 2010 | 6M 2009 | -------------------------------------------------------------------------------- | Continuing operations | | | | | -------------------------------------------------------------------------------- | Revenue and income | | | | | -------------------------------------------------------------------------------- | Income from gaming | 383,638 | 403,025 | 766,496 | 805,889 | | transactions | | | | | -------------------------------------------------------------------------------- | Revenue | 29,349 | 28,080 | 55,514 | 53,872 | -------------------------------------------------------------------------------- | Other income | 3,138 | 2,300 | 6,000 | 4,104 | -------------------------------------------------------------------------------- | Total revenue and income | 416,125 | 433,405 | 828,010 | 863,865 | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Expenses | | | | | -------------------------------------------------------------------------------- | Cost of materials, goods | -11,134 | -12,785 | -20,562 | -24,623 | | and services | | | | | -------------------------------------------------------------------------------- | Other operating expenses | -221,279 | -245,583 | -440,021 | -505,908 | -------------------------------------------------------------------------------- | Personnel expenses | -115,473 | -135,248 | -229,783 | -287,505 | -------------------------------------------------------------------------------- | Depreciation, amortisation | -77,660 | -87,704 | -144,840 | -171,861 | | and impairment losses | | | | | -------------------------------------------------------------------------------- | Other expenses | -1,094 | -5,628 | -1,725 | -15,461 | -------------------------------------------------------------------------------- | Total expenses | -426,640 | -486,948 | -836,931 | -1,005,358 | -------------------------------------------------------------------------------- | Operating loss | -10,515 | -53,543 | -8,921 | -141,493 | -------------------------------------------------------------------------------- | Financial income and | | | | | | expenses | | | | | -------------------------------------------------------------------------------- | Interest income | 1,065 | 2,456 | 2,083 | 5,326 | -------------------------------------------------------------------------------- | Interest expense | -2,650 | -5,417 | -6,311 | -10,828 | -------------------------------------------------------------------------------- | Foreign exchange loss | 96 | 12 | -167 | 3,709 | -------------------------------------------------------------------------------- | Other financial income and | -340 | -24 | -371 | -74 | | expenses | | | | | -------------------------------------------------------------------------------- | Total financial income and | -1,829 | -2,973 | -4,766 | -1,867 | | expenses | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Loss before tax | -12,344 | -56,516 | -13,687 | -143,360 | -------------------------------------------------------------------------------- | Income tax expense | -5,272 | 1,576 | -5,492 | 1,207 | -------------------------------------------------------------------------------- | NET LOSS FROM CONTINUING | -17,616 | -54,940 | -19,179 | -142,153 | | OPERATIONS FOR THE PERIOD | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | NET LOSS FROM DISCONTINUED | 0 | -200,555 | 0 | -210,792 | | OPERATIONS FOR THE PERIOD | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | NET LOSS FOR THE PERIOD | -17,616 | -255,495 | -19,179 | -352,945 | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Other comprehensive income | | | | | | (loss) | | | | | -------------------------------------------------------------------------------- | Currency translation | | | | | | differences | | | | | -------------------------------------------------------------------------------- | continuing operations | -23,261 | 16,032 | -291 | -34,040 | -------------------------------------------------------------------------------- | discontinued operations | 0 | -1,130 | 0 | 10,210 | -------------------------------------------------------------------------------- | Total other comprehensive | -23,261 | 14,902 | -291 | -23,830 | | income (loss) | | | | | -------------------------------------------------------------------------------- | Total comprehensive loss | -40,877 | -240,593 | -19,470 | -376,775 | | for the period | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Net loss for the period | | | | | -------------------------------------------------------------------------------- | Minority interest | -5,714 | -261 | -1,900 | -1,270 | -------------------------------------------------------------------------------- | Attributable to equity | | | | | | owners of the parent | | | | | -------------------------------------------------------------------------------- | continuing operations | -11,902 | -54,679 | -17,279 | -140,883 | -------------------------------------------------------------------------------- | discontinued operations | 0 | -200,555 | 0 | -210,792 | -------------------------------------------------------------------------------- | | -17,616 | -255,495 | -19,179 | -352,945 | -------------------------------------------------------------------------------- | Total comprehensive loss | | | | | | for the period | | | | | -------------------------------------------------------------------------------- | Minority interest | -5,714 | -261 | -1,900 | -1,270 | -------------------------------------------------------------------------------- | Attributable to equity | | | | | | owners of the parent | | | | | -------------------------------------------------------------------------------- | continuing operations | -35,163 | -38,647 | -17,570 | -174,923 | -------------------------------------------------------------------------------- | discontinued operations | 0 | -201,685 | 0 | -200,582 | -------------------------------------------------------------------------------- | | -40,877 | -240,593 | -19,470 | -376,775 | -------------------------------------------------------------------------------- | Continuing operations | | | | | -------------------------------------------------------------------------------- | Basic loss per share | -0.08 | -0.36 | -0.11 | -0.93 | -------------------------------------------------------------------------------- | Diluted loss per share | -0.08 | -0.36 | -0.11 | -0.93 | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Discontinued operations | | | | | -------------------------------------------------------------------------------- | Basic earnings (loss) per | 0.00 | -1.33 | 0.00 | -1.40 | | share | | | | | -------------------------------------------------------------------------------- | Diluted earnings (loss) per | 0.00 | -1.33 | 0.00 | -1.40 | | share | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | (In thousands of euro) | | | | | -------------------------------------------------------------------------------- | | Q2 2010 | Q2 2009 | 6M 2010 | 6M 2009 | -------------------------------------------------------------------------------- | Continuing operations | | | | | -------------------------------------------------------------------------------- | Revenue and income | | | | | -------------------------------------------------------------------------------- | Income from gaming | 24,519 | 25,758 | 48,988 | 51,506 | | transactions | | | | | -------------------------------------------------------------------------------- | Revenue | 1,876 | 1,795 | 3,548 | 3,443 | -------------------------------------------------------------------------------- | Other income | 200 | 147 | 383 | 262 | -------------------------------------------------------------------------------- | Total revenue and income | 26,595 | 27,700 | 52,919 | 55,211 | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Expenses | | | | | -------------------------------------------------------------------------------- | Cost of materials, goods | -712 | -817 | -1,314 | -1,574 | | and services | | | | | -------------------------------------------------------------------------------- | Other operating expenses | -14,142 | -15,696 | -28,122 | -32,333 | -------------------------------------------------------------------------------- | Personnel expenses | -7,380 | -8,644 | -14,686 | -18,375 | -------------------------------------------------------------------------------- | Depreciation, amortisation | -4,963 | -5,605 | -9,257 | -10,984 | | and impairment losses | | | | | -------------------------------------------------------------------------------- | Other expenses | -70 | -360 | -110 | -988 | -------------------------------------------------------------------------------- | Total expenses | -27,267 | -31,122 | -53,489 | -64,254 | -------------------------------------------------------------------------------- | Operating loss | -672 | -3,422 | -570 | -9,043 | -------------------------------------------------------------------------------- | Financial income and | | | | | | expenses | | | | | -------------------------------------------------------------------------------- | Interest income | 68 | 157 | 133 | 340 | -------------------------------------------------------------------------------- | Interest expense | -169 | -346 | -403 | -692 | -------------------------------------------------------------------------------- | Foreign exchange loss | 6 | 1 | -11 | 238 | -------------------------------------------------------------------------------- | Other financial income and | -22 | -2 | -23 | -5 | | expenses | | | | | -------------------------------------------------------------------------------- | Total financial income and | -117 | -190 | -304 | -119 | | expenses | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Loss before tax | -789 | -3,612 | -874 | -9,162 | -------------------------------------------------------------------------------- | Income tax expense | -337 | 101 | -351 | 77 | -------------------------------------------------------------------------------- | NET LOSS FROM CONTINUING | -1,126 | -3,511 | -1,225 | -9,085 | | OPERATIONS FOR THE PERIOD | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | NET LOSS FROM DISCONTINUED | 0 | -12,818 | 0 | -13,472 | | OPERATIONS FOR THE PERIOD | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | NET LOSS FOR THE PERIOD | -1,126 | -16,329 | -1,225 | -22,557 | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Other comprehensive income | | | | | | (loss) | | | | | -------------------------------------------------------------------------------- | Currency translation | | | | | | differences | | | | | -------------------------------------------------------------------------------- | continuing operations | -1,487 | 1,025 | -19 | -2,176 | -------------------------------------------------------------------------------- | discontinued operations | 0 | -73 | 0 | 653 | -------------------------------------------------------------------------------- | Total other comprehensive | -1,487 | 952 | -19 | -1,523 | | income (loss) | | | | | -------------------------------------------------------------------------------- | Total comprehensive loss | -2,613 | -15,377 | -1,244 | -24,080 | | for the period | | | | | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Net loss for the period | | | | | -------------------------------------------------------------------------------- | Minority interest | -365 | -17 | -121 | -81 | -------------------------------------------------------------------------------- | Attributable to equity | | | | | | owners of the parent | | | | | -------------------------------------------------------------------------------- | continuing operations | -761 | -3,494 | -1,104 | -9,004 | -------------------------------------------------------------------------------- | discontinued operations | 0 | -12,818 | 0 | -13,472 | -------------------------------------------------------------------------------- | | -1,126 | -16,329 | -1,225 | -22,557 | -------------------------------------------------------------------------------- | Total comprehensive loss | | | | | | for the period | | | | | -------------------------------------------------------------------------------- | Minority interest | -365 | -17 | 121 | -81 | -------------------------------------------------------------------------------- | Attributable to equity | | | | | | owners of the parent | | | | | -------------------------------------------------------------------------------- | continuing operations | -2,248 | -2,470 | -1,365 | -11,180 | -------------------------------------------------------------------------------- | discontinued operations | 0 | -12,890 | 0 | -12,820 | -------------------------------------------------------------------------------- | | -2,613 | -15,377 | -1,244 | -24,080 | -------------------------------------------------------------------------------- | Continuing operations | | | | | -------------------------------------------------------------------------------- | Basic loss per share | -0.01 | -0.02 | -0.01 | -0.06 | -------------------------------------------------------------------------------- | Diluted loss per share | -0.01 | -0.02 | -0.01 | -0.06 | -------------------------------------------------------------------------------- | | | | | | -------------------------------------------------------------------------------- | Discontinued operations | | | | | -------------------------------------------------------------------------------- | Basic earnings (loss) per | 0.00 | -0.08 | 0.00 | -0.09 | | share | | | | | -------------------------------------------------------------------------------- | Diluted earnings (loss) | 0.00 | -0.08 | 0.00 | -0.09 | | per share | | | | | -------------------------------------------------------------------------------- Additional information: Kristi Ojakäär CFO Olympic Entertainment Group AS Tel + 372 667 1250 E-post: [email protected] http://www.olympic-casino.com