Börsiteade

AS Trigon Property Development

LEI kood

549300EVKRFJ9KNYZ593

Emitendi suuruskategooria

Mikroettevõtja

Majandustegevusalad

Kinnisvaraalane tegevus

Emitendi registreeritud asukoht

Eesti

Üldandmed

Kategooriad

Muu oluline informatsioon

Teate ID

3148

Esitamise kuupäev ja aeg

30.11.2010 16:00:00

Teate sisu inglise keeles

Pealkiri

TPD: Unaudited Financial results of Trigon Property Development, 9 months of 2010

Teade

Trigon Property Development             Quarterly report              30.11.2010

Unaudited Financial results of Trigon Property Development, 9 months of 2010

30.11.2010
                                                                   
As at the end of third quarter 2010, AS Trigon Property Development owned one   
property development project involving 36-hectare land plot in the City of      
Pärnu, Niidu area. Trigon Property Development AS considers expansion of        
business activity and analyses acquisition opportunities for different new      
projects.  
                                                                     
Condensed consolidated statement of financial position as of 30.09.2010 and     
31.12.2009 delivered by the present announcement completely reflects the assets,
liabilities and equity capital of AS Trigon Property Development. 
              
According to the condensed consolidated statement of comprehensive income the   
net loss for 9 months 2010 of AS Trigon Property Development is 224 thousand EEK
and the earnings per share is -0.05 EEK.   
                                     
As of 30.09.2010 the consolidated assets of AS Trigon Property Development were 
EEK 65 545 thousand. The consolidated equity of the company was EEK 61 293      
thousand, corresponding to 93.51 % of the total balance sheet.  
                
Condensed consolidated statement of financial position                          
--------------------------------------------------------------------------------
|                      | EEK thous |   EEK thous |    EUR thous |    EUR thous |
--------------------------------------------------------------------------------
|                      | 30.09.2010|  31.12.2009 |   30.09.2010 |   31.12.2009 |
|                      |           |             |              |              |
--------------------------------------------------------------------------------
| Cash                 |       337 |          71 |           21 |            5 |
--------------------------------------------------------------------------------
| Receivables and      |         8 |         190 |            1 |           12 |
| prepayments          |           |             |              |              |
--------------------------------------------------------------------------------
| Total current assets |       345 |         261 |           22 |           17 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Investment property  |    65 200 |      65 200 |        4 167 |        4 167 |
--------------------------------------------------------------------------------
| Total non-current    |    65 200 |      65 200 |        4 167 |        4 167 |
| assets               |           |             |              |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| TOTAL ASSETS         |    65 545 |      65 461 |        4 189 |        4 184 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Borrowings           |      2279 |       2 071 |          146 |          132 |
--------------------------------------------------------------------------------
| Payables and         |       211 |         111 |           13 |            7 |
| prepayments          |           |             |              |              |
--------------------------------------------------------------------------------
| Total current        |      2490 |       2 182 |          159 |          139 |
| liabilities          |           |             |              |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Long-term borrowings |     1 762 |       1 762 |          113 |          113 |
--------------------------------------------------------------------------------
| Total non-current    |     1 762 |       1 762 |          113 |          113 |
| liabilities          |           |             |              |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total liabilities    |     4 252 |       3 944 |          272 |          252 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Share capital at     |    44 991 |      44 991 |        2 875 |        2 875 |
| nominal value        |           |             |              |              |
--------------------------------------------------------------------------------
| Share premium        |     3 537 |       3 537 |          226 |          226 |
--------------------------------------------------------------------------------
| Statutory reserve    |     4 499 |       4 499 |          288 |          288 |
| capital              |           |             |              |              |
--------------------------------------------------------------------------------
| Retained earnings    |     8 266 |       8 490 |          528 |          543 |
--------------------------------------------------------------------------------
| Total equity         |    61 293 |      61 517 |        3 917 |        3 932 |
|                      |           |             |              |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| TOTAL LIABILITIES    |    65 545 |      65 461 |        4 189 |        4 184 |
| AND EQUITY           |           |             |              |              |
--------------------------------------------------------------------------------

Condensed consolidated statement of comprehensive income                        
--------------------------------------------------------------------------------
|                       |  EEK thous |   EEK thous |  EUR thous |    EUR thous |
--------------------------------------------------------------------------------
|                       |   9 months |    9 months |   9 months |     9 months |
|                       |       2010 |        2009 |       2010 |         2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Rental income         |        330 |         472 |         21 |           30 |
--------------------------------------------------------------------------------
| Expenses related to   |      (321) |       (717) |       (21) |         (46) |
| investment property   |            |             |            |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Gross profit          |        (9) |       (245) |          0 |         (16) |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Administrative and    |      (114) |       (126) |        (7) |          (8) |
| general expenses      |            |             |            |              |
--------------------------------------------------------------------------------
| Change in value of    |          0 |    (63 727) |          0 |      (4 073) |
| investment property   |            |             |            |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Operating profit      |      (105) |    (64 098) |        (7) |      (4 097) |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net financial income  |      (119) |       (88)  |        (8) |          (5) |
| (loss)                |            |             |            |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| NET PROFIT (LOSS) FOR |      (224) |    (64 186) |       (15) |      (4 102) |
| THE PERIOD            |            |             |            |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| TOTAL COMPREHENSIVE   |      (224) |    (64 186) |       (15) |      (4 102) |
| INCOME (LOSS)         |            |             |            |              |
--------------------------------------------------------------------------------
|                       |            |             |            |              |
--------------------------------------------------------------------------------
| Basic earnings per    |     (0,05) |     (14,27) |     (0,00) |       (0,91) |
| share                 |            |             |            |              |
--------------------------------------------------------------------------------
| Diluted earnings per  |     (0,05) |     (14,27) |     (0,00) |       (0,91) |
| share                 |            |             |            |              |
--------------------------------------------------------------------------------

Ülo Adamson                                                                     
Chairman of the Supervisory Board                                               
+372 667 9200



1. 2010 iii kv vahearuanne eng 20101129.pdf <PDF>
   (https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=327890)