Börsiteade
AS Silvano Fashion Group
Kategooria
Muud korporatiivtoimingud
Manused
Kuupäev
24.11.2023 23:59:00
Pealkiri
Silvano Fashion Group 2023.aasta III kvartali ja 9 kuu konsolideeritud vahearuanne (auditeerimata)
Teade
Põhilised finantsnäitajad
Kontserni 2023. aasta 9 kuu (võrrelduna 2022. aasta 9 kuuga) ja 30.09.2023
(võrrelduna 31.12.2022) põhilised finantsnäitajad on järgmised:
-------------------------------------------------------------------------------
tuhandetes eurodes 09 kuud 2023 09 kuud 2022 Muutus
-------------------------------------------------------------------------------
Müügitulu 46 739 43 974 6,3%
Brutokasum 28 078 22 066 27,2%
Ärikasum 16 267 10 611 53,3%
EBITDA 18 630 13 180 41,4%
Aruandeperioodi puhaskasum 8 842 12 516 -29,4%
Puhaskasum, emaettevõtte
omanike osa 7 912 11 835 -33,1%
Kasum aktsia kohta (eurodes) 0,22 0,33 -33,3%
Äritegevuse rahavoog
perioodil 15 369 12 493 23,0%
------------------------------------------------------------------------
tuhandetes eurodes 30.09.2023 31.12.2022 Muutus
------------------------------------------------------------------------
Varad kokku 68 338 63 991 6,8%
Käibevarad kokku 56 832 50 309 13,0%
Omakapital kokku, emaettevõtte omanike osa 50 010 44 786 11,7%
Raha ja raha ekvivalendid 33 289 25 909 28,5%
------------------------------------------------------------------------------
Rentaablusanalüüs, % 09 kuud 2023 09 kuud 2022 Muutus
------------------------------------------------------------------------------
Brutokasum 60,1 50,2 19,7%
Ärikasum 34,8 24,1 44,4%
EBITDA 39,9 30,0 33,0%
Puhaskasum 18,9 28,5 -33,7%
Puhaskasum, emaettevõtte omanike osa 16,9 26,9 -37,2%
--------------------------------------------------------------------------
Finantssuhtarvud, % 30.09.2023 31.12.2022 Muutus
--------------------------------------------------------------------------
ROA 11,9 19,0 -37,4%
ROE 16,8 28,1 -40,2%
Hinna/ kasumi suhe 5,1 3,4 50,0%
Lühiajaliste kohustuste kattekordaja 7,4 5,1 45,1%
Likviidsuskordaja 4,7 2,8 67,9%
Majandustulemused
Kontserni 2023. aasta 9 kuu käive moodustas 46 739 tuhat eurot, suurenedes
eelmise aasta sama perioodiga võrreldes 6,3% võrra. Hulgimüügi käive suurenes
7,3% võrra, mõõdetuna eurodes.
Kontserni 2023. aasta 9 kuu brutokasum oli 28 078 tuhat eurot, suurenedes
eelmise aastaga võrreldes 27,2%. Perioodi brutokasumi marginaal suurenes 2023.
aasta 9 kuu jooksul 19,7% võrra, võrreldes eelmise aasta sama perioodiga. Müüdud
toodangu kulu vähenes 14,8% võrra.
2023. aasta 9 kuu konsolideeritud ärikasum suurenes 53,3% ja ulatus 16 267
tuhande euroni võrreldes 2022. aasta 9 kuu konsolideeritud ärikasumiga summas
10 611 tuhat eurot. 2023. aasta 9 kuu ärikasumi rentaablus oli 34,8% võrreldes
24,1%-ga eelmise aasta samal perioodil. Konsolideeritud EBITDA suurenes 41,4% ja
moodustas 2023. aasta 9 kuuga 18 630 tuhat eurot, mis tähendab 39,9% rentaablust
(13 180 tuhat eurot ja 30,0% eelmise aasta samal perioodil).
Ettevõtte puhaskasum emaettevõtte aktsionäridele moodustas 2023. aasta 9 kuuga
7 912 tuhat eurot võrreldes puhaskasumiga 11 835 tuhat eurot 2022. aasta 9
kuuga, puhaskasumi marginaal emaettevõtte aktsionäridele moodustas 2023. aasta
9 kuuga 16,9% võrreldes puhaskasumiga 26,9%-ga eelmise aasta samal perioodil.
Finantsseisund
Seisuga 30. september 2023 ulatus kontserni konsolideeritud varade maht 68 338
tuhande euroni, suurenedes 6,8% võrreldes 31. detsembriga 2022.
Võrreldes 31. detsembriga 2022 suurenesid nõuded ostjate vastu ja muud nõuded
449 tuhande euro võrra ja moodustasid 2023. aasta 30. septembri seisuga 1 493
tuhat eurot. Varude saldo vähenes 1 387 tuhande euro võrra ning
2023. aasta 30. septembri seisuga moodustas 20 877 tuhat eurot.
Emaettevõtte aktsionäride osa omakapitalis suurenes 5 224 tuhande euro võrra,
ulatudes 2023. aasta 30. septembri seisuga 50 010 tuhande euroni. Lühiajalised
kohustused vähenesid 2023.aasta 9 kuuga 2 224 tuhande euro võrra.
Investeeringud
Kontserni 2023. aasta 9 kuu investeeringute kogumaht materiaalsesse põhivarasse,
tehasesse ja seadmetesse moodustas 896 tuhat eurot, 228 tuhat eurot eelmise
aasta samal perioodil. Investeeringud teostati peamiselt oma poodide avamisse ja
renoveerimisse, samuti seadmetesse ja hoonetesse tootmise efektiivsuse
säilitamiseks tulevastes perioodides.
Personal
2023. aasta 30.septembri seisuga oli kontsernil 1 643 töötajat, neist 509 töötas
jaemüügi segmendis. Ülejäänud töötajad tegutsesid tootmise, hulgimüügi-, haldus-
ja tugiteenuste valdkondades. 31.12.2022 seisuga oli 1 616 töötajat, neist 499
töötas jaemüügi segmendis.
Kontserni 2023. aasta 9 kuu palgakulu koos maksudega oli 9 964 tuhat eurot (8
938 tuhat eurot 2022.aasta 9 kuud). Kontserni juhtkonna võtmeisikute töötasud,
sealhulgas tütarettevõtete võtmeisikute tasud, moodustasid kokku 423 tuhat
eurot.
Juhtimisorganite otsused 2023. aasta 9 kuu jooksul
AS Silvano Fashion Group tegi 24. mail 2023 aktsionäridele ettepaneku võtta
vastu aktsionäride korralise üldkoosoleku otsused koosolekut kokku kutsumata.
Koosoleku kokkukutsumise teade ilmus 24.05.2023.a. Tallinna Väärtpaberibörsi
kodulehel aadressil
https://view.news.eu.nasdaq.com/view?id=bc3e622810054b7a49a4f706f81ac5063&lang=e
t&src=listed ja Varssavi Väärtpaberibörsi infosüsteemis, Aktsiaselts Silvano
Fashion Group kodulehel aadressil
https://www.silvanofashion.com/et/investorid/ettevotte-teated/ ja ajalehes
"Eesti Päevaleht".
15. juunil 2023 toimus AS Silvano Fashion Group aktsionäride korraline
üldkoosolek. Koosolekul võeti vastu järgmised otsused:
* Kinnitada Aktsiaseltsi Silvano Fashion Group 2022. a majandusaasta aruanne;
* Jätta puhaskasum jaotamata ning arvata 2022. aasta majandusaasta puhaskasum
jaotamata kasumi hulka.
Aktsionäride üldkoosoleku protokoll avalikustati AS Silvano Fashion Group
kodulehel https://www.silvanofashion.com/et/investorid/ettevotte-teated/
(https://www.globenewswire.com/Tracker?data=eqSvB9FOkm2SGnLhlyRqsUdtOHk18ftuqW7m
_BJ0KJzv5CKguCOdOf0SbImpY2jpzi5eUMYIGv6yr_efi86E0Rspq27pswld9Z0TsEe-
vzGdZmCjsGYWQQ5VhGPjqeSHrDCiKer4QdSAM0cAcJuI3uWuVSIgvc6KX92Juk6Jluv0Pq72KEd6RuG6
MrZXkda-lyGD7jtqPK2Lhnn6IQ9CXSyj_p0rTUHLvo5Aiq36sqaNBxJ-
FazA5gkugp2BeXy7oMVmyk9zbfPjIjq9UNJ8YRm6BiHnCuKgWqSdLSJV0JAfifdAqdWU6gQxpz3FLHQw
geB9U4N1zlFNOIP82aHN_eTxv8fbNgTdRq87yZb1jsIEucj_bhHpi0J6wvEN90FJybtdYse-E-
JBXdtdmS6cKTVnhh6MAioqbFjU8XPz5hGqFMv8oWwOR5uMhZc_K23djCFD3fi4rausD9-ObuTxzw==).
Konsolideeritud finantsseisundi aruanne
--------------------------------------------------------------------------------------
tuhandetes eurodes Lisad 30.09.2023 31.12.2022
--------------------------------------------------------------------------------------
Auditeerimata Auditeeritud
--------------------------------------------------------------------------------------
VARAD
Käibevara
Raha ja rahalähendid 2 33 289 25 909
Nõuded ostjate vastu ja muud nõuded 3 1 493 1 044
Ettemaksed ja muud maksunõuded 3 1 055 971
Antud lühiajalised laenud 33 10
Muud varad 85 111
Varud 4 20 877 22 264
Käibevara kokku 56 832 50 309
Põhivara
Pikaajalised nõuded 286 301
Investeeringud sidusettevõtetesse 79 82
Investeeringud muudesse osadesse ja
aktsiatesse 218 259
Edasilükkunud tulumaksuvara 1 924 2 166
Immateriaalne põhivara 575 585
Kinnisvarainvesteeringud 925 1 041
Materiaalne põhivara 5 7 499 9 248
Põhivara kokku 11 506 13 682
VARAD KOKKU 68 338 63 991
KOHUSTUSED JA OMAKAPITAL
Lühiajalised kohustused
Lühiajalised rendikohustused 612 2 373
Võlad tarnijatele ja muud
võlad 6 4 674 5 837
Maksukohustised 2 392 1 692
Lühiajalised kohustused kokku 7 678 9 902
Pikaajalised kohustused
Edasilükkunud tulumaksukohustis 883 1 039
Pikaajalised rendikohustused 4 695 4 041
Pikaajalised eraldised 34 41
Pikaajalised kohustused kokku 5 612 5 121
Kohustused kokku 13 290 15 023
Omakapital
Aktsiakapital 7 3 600 3 600
Ülekurss 4 967 4 967
Kohustuslik reservkapital 1 306 1 306
Realiseerimata kursivahed -22 097 -19 409
Jaotamata kasum 62 234 54 322
Omakapital kokku, emaettevõtte omanike osa 50 010 44 786
Vähemusosalus 5 038 4 182
Omakapital kokku 55 048 48 968
OMAKAPITAL JA KOHUSTUSED KOKKU 68 338 63 991
Konsolideeritud kasumiaruanne
------------------------------------------------------------------------------------
III kvartal III kvartal 9 kuud
tuhandetes eurodes Lisad 2023 2022 9 kuud 2023 2022
------------------------------------------------------------------------------------
Auditeerimata Auditeerimata Auditeerimata Auditeerimata
------------------------------------------------------------------------------------
Kliendilepingutest
saadav tulu 9 15 332 17 604 46 739 43 974
Müüdud toodangu
kulu -6 091 -8 423 -18 661 -21 908
Brutokasum 9 241 9 181 28 078 22 066
Turustuskulud -2 517 -3 093 -8 071 -8 120
Üldhalduskulud -1 026 -1 094 -3 303 -3 136
Muud äritulud 78 130 194 349
Muud ärikulud -190 -198 -631 -548
Ärikasum 5 586 4 926 16 267 10 611
Tulu/(kulu)
valuutakursi
muutustest -991 -949 -3 582 5 036
Muud
finantstu/(kulu) -1 127 -186 -103
Finantstulud /(-
kulud) kokku -992 -822 -3 768 4 933
Kasum (kahjum)
sidusettevõtetest
kapitaliosaluse
meetodil 7 10 19 -1
Kasum enne tulumaksu 4 601 4 114 12 518 15 543
Tulumaksukulu -1 181 -1 425 -3 676 -3 027
Aruandeperioodi
kasum 3 420 2 689 8 842 12 516
Sealhulgas:
Emaettevõte
omanike osa 3 140 2 489 7 912 11 835
Vähemusosaluse
osa 280 200 930 681
Tava- ja
lahustatud kasum
emaettevõtte
omanike aktsia
kohta (eurodes) 8 0,09 0,07 0,22 0,33
Konsolideeritud
koondkasumiaruanne
------------------------------------------------------------------------------------
III kvartal III kvartal 9 kuud 9 kuud
tuhandetes eurodes Lisad 2023 2022 2023 2022
------------------------------------------------------------------------------------
Auditeerimata Auditeerimata Auditeerimata Auditeerimata
------------------------------------------------------------------------------------
Aruandeperioodi
kasum 3 420 2 689 8 842 12 516
Muu koondkasum
(kahjum), mida võib
hiljem
kasumiaruandesse
ümber
klassifitseerida:
Kursivahede mõju
välismaiste
äriüksuste
tulemuste
ümberarvestamisele -672 2 894 -2 055 2 175
Aruandeperioodi muu
koondkasum -672 2 894 -2 055 2 175
Perioodi
koondkasum
(kahjum) kokku 2 748 5 583 6 787 14 691
Sealhulgas:
Emaettevõtte
omanike osa 2 612 5 489 5 224 13 945
Vähemusosaluse
osa 136 94 1 563 746
Konsolideeritud rahavoogude aruanne
-------------------------------------------------------------------------------
tuhandetes eurodes 09 kuud 09 kuud
Lisad 2023 2022
-------------------------------------------------------------------------------
Auditeerimata Auditeerimata
-------------------------------------------------------------------------------
Rahavood äritegevusest
Aruandeaasta kasum 8 842 12 516
Korrigeerimised:
Põhivara kulum 2 363 2 569
Kasum kapitaliosaluse meetodil kajastatud
investeeringutelt -19 1
Kasum/kahjum materiaalse põhivara müügist -3 9
Finantstulud/-kulud kokku 3 768 -522
Ebatõenäoliselt laekuvate arvete eraldis -3 0
Varude eraldis 3 5
Tulumaksukulu 3 676 3 027
Varude muutus 1 387 -3 022
Muutused nõuetes ostjate vastu ja muudes
nõuetes, ettemaksetes ja muudes maksunõuetes -507 -266
Muutused võlgades tarnijatele ja muudes
võlgades -1 067 -91
Makstud tulumaks -3 071 -1 733
Rahavood äritegevusest kokku 15 369 12 493
Rahavood investeerimistegevusest
Saadud intressid 331 29
Saadud dividendid 11 3
Materiaalse põhivara müük 9 31
Väljaantud laenud -23 -11
Materiaalse põhivara soetamine -896 -228
Immateriaalse põhivara soetamine -123 -74
Rahavood investeerimistegevusest kokku -691 -250
Rahavood finantseerimistegevusest
Rendikohustiste põhiosamaksed -1 689 -1 879
Rendikohustistelt tasutud intress -521 -356
Makstud dividendid -707 -670
Rahavood finantseerimistegevusest kokku -2 917 -2 905
Raha ja rahalähendite muutus 11 761 9 338
Raha ja rahalähendid perioodi alguses 25 909 17 098
Esitusvaluutasse ümberarvestamise mõju -4 891 0
Valuutakursside muutuste mõju rahavoogudele 510 -173
Raha ja rahalähendid perioodi lõpus 33 289 26 263
AS Silvano Fashion Group
Tel: +372 6845 000
Email: info@silvanofashon.com
Pealkiri
Silvano Fashion Group Consolidated Interim Financial Report for Q3 and 9 months of 2023 (unaudited)
Teade
Selected Financial Indicators Summarized selected financial indicators of the Group for 9 months of 2023 compared to 9 months of 2022 and 30.09.2023 compared to 31.12.2022 were as follows: ------------------------------------------------------------------------------- in thousands of EUR 09m 2023 09m 2022 Change ------------------------------------------------------------------------------- Revenue 46 739 43 974 6.3% Gross Profit 28 078 22 066 27.2% Operating profit 16 267 10 611 53.3% EBITDA 18 630 13 180 41.4% Net profit for the period 8 842 12 516 -29.4% Net profit attributable equity holders of the Parent company 7 912 11 835 -33.1% Earnings per share (EUR) 0,22 0,33 -33.3% Operating cash flow for the period 15 369 12 493 23.0% ------------------------------------------------------------------------------- in thousands of EUR 30.09.2023 31.12.2022 Change ------------------------------------------------------------------------------- Total assets 68 338 63 991 6.8% Total current assets 56 832 50 309 13.0% Total equity attributable to equity holders of the Parent company 50 010 44 786 11.7% Cash and cash equivalents 33 289 25 909 28.5% ------------------------------------------------------------------------------- Margin analysis, % 09m 2023 09m 2022 Change ------------------------------------------------------------------------------- Gross profit 60.1 50.2 19.7% Operating profit 34.8 24.1 44.4% EBITDA 39.9 30.0 33.0% Net profit 18.9 28.5 -33.7% Net profit attributable to equity holders of the Parent company 16.9 26.9 -37.2% ------------------------------------------------------------------------------- Financial ratios, % 30.09.2023 31.12.2022 Change ------------------------------------------------------------------------------- ROA 11.9 19.0 -37.4% ROE 16.8 28.1 -40.2% Price to earnings ratio (P/E) 5.1 3.4 50.0% Current ratio 7.4 5.1 45.1% Quick ratio 4.7 2.8 67.9% Financial performance The Group`s sales amounted 46 739 thousand EUR during 9 months of 2023, representing a 6.3% increase as compared to the same period of previous year. Overall, wholesale increased by 7.3%, measured in EUR. The Group's gross profit during 9 months of 2023 amounted to 28 078 thousand EUR and increase by 27.2% compared to previous year. The gross margin during 9 months of 2023 increased by 19.7% compared to 9 months of 2022. The cost of sold goods decreased by 14.8%. Consolidated operating profit for 9 months of 2023 amounted to 16 267 thousand EUR, compared to 10 611 thousand EUR for 9 months of 2022, increase by 53.3%. The consolidated operating profit margin was 34.8% for 9 months of 2023 (24.1% for 9 months of 2022). Consolidated EBITDA for 9 months of 2023 increased by 41.4% and amounted to 18 630 thousand EUR, which is 39.9% in margin terms (13 180 thousand EUR and 30.0% for 9 months of 2022). Reported consolidated net profit attributable to equity holders of the Parent company for 9 months of 2023 amounted to 7 912 thousand EUR, compared to net profit of 11 835 thousand EUR for 9 months of 2022, net profit margin attributable to equity holders of the Parent company for 9 months of 2023 was 16.9% against net profit 26.9% for 9 months of 2022. Financial position As of 30 September 2023 consolidated assets amounted to 68 338 thousand EUR representing increase by 6.8% as compared to the position as of 31 December 2022. Trade and other receivables increased by 449 thousand EUR as compared to 31 December 2022 and amounted to 1 493 thousand EUR as of 30 September 2023. Inventory balance decreased by 1 387 thousand EUR and amounted to 20 877 thousand EUR as of 30 September 2023. Equity attributable to equity holders of the Parent company increased by 5 224 thousand EUR and amounted to 50 010 thousand EUR as of 30 September 2023. Current liabilities decreased by 2 224 thousand EUR during 9 months of 2023. Investments During 9 months of 2023 the Group's investments into property, plant and equipment totalled 896 thousand EUR, in previous year same period 228 thousand EUR. Investments were made mainly into opening and renovating own stores, as well into equipment and facilities to maintain effective production for future periods. Personnel As of 30 September 2023, the Group employed 1 643 employees, including 509 people in retail operations. The rest were employed in production, wholesale, administration and support operations. In 31.12.2022 there were 1 616 employees, including 499 people in retail operations. Total salaries and related taxes during 9 months of 2023 amounted to 9 964 thousand EUR ( 8 938 thousand EUR in 9 months of 2022). The remuneration of key management of the Group, including the key executives of all subsidiaries, totalled 423 thousand EUR. Decisions made by governing bodies during 9 months 2023 On the 24th of May 2023, AS Silvano Fashion Group proposed to the shareholders to adopt the resolutions of the annual general meeting of shareholders without convening the meeting. The notice of the general meeting was published on May 24, 2023, in the information system NASDAQ OMX Tallinn https://view.news.eu.nasdaq.com/view?id=bc3e622810054b7a49a4f706f81ac5063&lang=e n&src=listed and Warsaw Stock Exchange, on the website of SFG https://www.silvanofashion.com/investors/company-announcements/ and in the daily newspaper Eesti Päevaleht. On June 15, 2023 Silvano Fashion Group held its regular Annual General Meeting of Shareholders. The Meeting adopted the following decisions: ? Approved the 2022 Annual Report; ? Left the net profit undistributed and included the net profit of the financial year 2022 in retained earnings. The protocol of the general meeting was published on the website of AS Silvano Fashion Group https://www.silvanofashion.com/investors/company-announcements/ (https://www.globenewswire.com/Tracker?data=eqSvB9FOkm2SGnLhlyRqsUdtOHk18ftuqW7m _BJ0KJyow4LIfcGFs- 4YoDMKBvcg4mtXZqcgvDDiXxghkxBh50oXe0tnt2toW_vOwXjGvfXV9SjkeRJavBavUEvzQsHZMzg9nD uFZHClq1_7e- anBBL6k4lsZCaz2w3tuxnhy0HPb57uqrYj_ngy3LxIWOihCCBz0_SzHHqnFzzG1Z0TkdFtuQ0lsIDCje ITPyhTwYpbv8SglqkMjn5-k7uk9EhqmDBFXeKBCO8wGpDb8zhXU1vtwUw-phxoJM6RUqkg4cJE2EYze- 49950OcS7oRfiAG- JA36eDcpihL2YYD2tKlYY7vd9MEpK4JAV35rb_XdPbTsxUEee22Ch2cOVoNdrD7qv9r2_CinNcYm3G7J bTte_cGyDhKJ7iT9_KCfaJuQstDPQ0ngm3cv9EacHKREOPnnHGJZ3CgfYNP4EVlVqRwA==). Consolidated Statement of Financial Position ------------------------------------------------------------------------------- in thousands of EUR Note 30.09.2023 31.12.2022 ------------------------------------------------------------------------------- Unaudited Audited ASSETS Current assets Cash and cash equivalents 2 33 289 25 909 Trade and other receivables 3 1 493 1 044 Prepayments and other tax receivables 3 1 055 971 Current loans granted 33 10 Other assets 85 111 Inventories 4 20 877 22 264 Total current assets 56 832 50 309 Non-current assets Non-current receivables 286 301 Investments in associates 79 82 Investments in other shares 218 259 Deferred tax asset 1 924 2 166 Intangible assets 575 585 Investment property 925 1 041 Property, plant and equipment 5 7 499 9 248 Total non-current assets 11 506 13 682 TOTAL ASSETS 68 338 63 991 LIABILITIES AND EQUITY Current liabilities Current lease liabilities 612 2 373 Trade and other payables 6 4 674 5 837 Tax liabilities 2 392 1 692 Total current liabilities 7 678 9 902 Non-current liabilities Deferred tax liability 883 1 039 Non-current lease liabilities 4 695 4 041 Non-current provisions 34 41 Total non-current liabilities 5 612 5 121 Total liabilities 13 290 15 023 Equity Share capital 7 3 600 3 600 Share premium 4 967 4 967 Statutory reserve capital 1 306 1 306 Unrealised exchange rate differences -22 097 -19 409 Retained earnings 62 234 54 322 Total equity attributable to equity holders of the Parent company 50 010 44 786 Non-controlling interest 5 038 4 182 Total equity 55 048 48 968 TOTAL EQUITY AND LIABILITIES 68 338 63 991 Consolidated Income Statement ------------------------------------------------------------------------------- in thousands of EUR Note 3Q 2023 3Q 2022 09m 2023 09m 2022 ------------------------------------------------------------------------------- Unaudited Unaudited Unaudited Unaudited Revenue from contracts with customers 9 15 332 17 604 46 739 43 974 Cost of goods sold -6 091 -8 423 -18 661 -21 908 Gross Profit 9 241 9 181 28 078 22 066 Distribution expenses -2 517 -3 093 -8 071 -8 120 Administrative expenses -1 026 -1 094 -3 303 -3 136 Other operating income 78 130 194 349 Other operating expenses -190 -198 -631 -548 Operating profit 5 586 4 926 16 267 10 611 Currency exchange income/(expense) -991 -949 -3 582 5 036 Other finance income/(expenses) -1 127 -186 -103 Net finance income -992 -822 -3 768 4 933 Profit (loss) from associates using equity method 7 10 19 -1 Profit before tax 4 601 4 114 12 518 15 543 Income tax expense -1 181 -1 425 -3 676 -3 027 Profit for the period 3 420 2 689 8 842 12 516 Attributable to : Equity holders of the Parent company 3 140 2 489 7 912 11 835 Non-controlling interest 280 200 930 681 Earnings per share from profit attributable to equity holders of the Parent company, both basic and diluted (EUR) 8 0,09 0,07 0,22 0,33 Consolidated Statement of Comprehensive Income ------------------------------------------------------------------------------- in thousands of EUR Note 3Q 2023 3Q 2022 09m 2023 09m 2022 ------------------------------------------------------------------------------- Unaudited Unaudited Unaudited Unaudited Profit for the period 3 420 2 689 8 842 12 516 Other comprehensive income (loss) that will be reclassified to profit or loss in subsequent periods: Exchange differences on translation of foreign operations -672 2 894 -2 055 2 175 Total other comprehensive income for the period -672 2 894 -2 055 2 175 Total comprehensive income (loss) for the period 2 748 5 583 6 787 14 691 Attributable to : Equity holders of the Parent company 2 612 5 489 5 224 13 945 Non-controlling interest 136 94 1 563 746 Consolidated Statement of Cash Flows ------------------------------------------------------------------------------- in thousands of EUR Note 09m 2023 09m 2022 ------------------------------------------------------------------------------- Unaudited Unaudited Cash flow from operating activities Profit for the period 8 842 12 516 Adjustments for: Depreciation and amortization of non-current assets 2 363 2 569 Share of profit of equity accounted investees -19 1 Gains/Losses on the sale of property, plant and equipment -3 9 Net finance income / costs 3 768 -522 Provision for impairment losses on trade receivables -3 0 Provision for inventories 3 5 Income tax expense 3 676 3 027 Change in inventories 1 387 -3 022 Change in trade and other receivables -507 -266 Change in trade and other payables -1 067 -91 Income tax paid -3 071 -1 733 Net cash flow from operating activities 15 369 12 493 Cash flow from investing activities Interest received 331 29 Dividends received 11 3 Proceeds from disposal of property, plant and equipment 9 31 Loans granted -23 -11 Acquisition of property, plant and equipment -896 -228 Acquisition of intangible assets -123 -74 Net cash flow from investing activities -691 -250 Cash flow from financing activities Payment of principal portion of lease liabilities -1 689 -1 879 Interest paid on lease liabilities -521 -356 Dividends paid -707 -670 Net cash flow from financing activities -2 917 -2 905 Net increase in cash and cash equivalents 11 761 9 338 Cash and cash equivalents at the beginning of period 25 909 17 098 Effect of translation to presentation currency -4 891 0 Effect of exchange rate fluctuations on cash held 510 -173 Cash and cash equivalents at the end of period 33 289 26 263 AS Silvano Fashion Group Phone: +372 6845 000 Email: info@silvanofashon.com