Börsiteade
EfTEN Real Estate Fund AS
LEI kood
4851000008JBI71L7643
Emitendi suuruskategooria
Keskmise suurusega kontsern
Majandustegevusalad
Finants- ja kindlustustegevus
Sektor(id)
Fondivalitseja
Emitendi registreeritud asukoht
Eesti
Üldandmed
Kategooriad
Poolaastaaruanne
Teate ID
8201
Manused
Esitamise kuupäev ja aeg
04.08.2020 15:19:45
Teate sisu eesti keeles
Pealkiri
UPP Olaines OÜ 2020. aasta II kvartali ja 6 kuu konsolideeritud auditeerimata vahearuanne
Teade
2020. aasta 6 kuu tegevusaruanne Grupi 2020 6 kuu neto renditulu oli 1 308 860 (2019 6 kuud: 1 291 518) eurot. Ärikasum sama perioodi eest oli 1 228 236 (2019 6 kuud: 1 244 800) eurot ja puhaskasum 657 652 (2019 6 kuud: 454 710) eurot. Grupi äritegevuseks on renditulu kogumine, kinnisvaraobjekti haldamine ning laenukohustuste teenindamine. Laenukohustused moodustavad fikseeritud intressiga võlakirjad ning investeerimislaen, mille intress on samuti intressituletuslepinguga fikseeritud. Tulude poolel on stabiilne triple-net renditulu tugevatelt rentnikelt, mis on põhiosas fikseeritud kesk-pikkade lepingutega ning mida indekseeritakse vastavalt inflatsioonile. Tulenevalt ettevõtte äritegevusest on tema majandustegevus ja finantstulemused üldiselt raskesti mõjutatavad erinevate väliste tegurite poolt. 2020. aasta 6 kuu finantsilised võtmenäitajad ----------------------------------------------------------------------- (eurodes) II kv 2020 II kv 2019 6 kuud 2020 6 kuud 2019 ----------------------------------------------------------------------- Neto renditulu 651 646 639 720 1 308 860 1 291 518 Ärikasum 608 349 600 653 1 228 236 1 244 800 Perioodi kasum 328 545 187 237 657 652 454 710 ----------------------------------------------------------------------- --------------------------------------------------------------------------- (eurodes) 30.06.2020 31.12.2019 --------------------------------------------------------------------------- Kinnisvarainvesteering 30 909 000 30 909 000 Intressikandvad laenud 27 960 631 28 492 625 Intressikandvad laenud ilma omanikulaenuta 25 012 331 25 544 325 --------------------------------------------------------------------------- ------------------------------------------------------------------------------- 6 kuud 2020 ------------------------------------------------------------------------------- Puhaskasumi marginaal, % (Puhaskasum / Puhas renditulu) 50% ROA (Puhaskasum / Perioodi keskmised varad) 2,1% DSCR (Ärikasum / Intressikandvate laenude põhiosa tagasimaksed ning intressimaksed) 1.2 Juhtkond, nõukogu ja auditikomitee UPP Olaines OÜ juhatuses on üks liige: Marko Tali, juhatuse esimees. UPP Olaines OÜ nõukogus on kolm liiget: Mart Tooming, Tarmo Rooteman, Hallar Loogma. Juhatuse ning nõukogu liikmetele ei ole ettenähtud tasu ega muid hüvesid. Ettevõttes ei ole peale juhatuse ning nõukoguliikmete töötajaid. 2020. aastal moodustas UPP Olaines OÜ auditikomitee, ning see koosneb kolmest liikmest. KONSOLIDEERITUD VAHEARUANNE Konsolideeritud koondkasumi vahearuanne ------------------------------------------------------------------------------- (eurodes) Lisa II kv 2020 II kv 2019 6 kuud 2020 6 kuud 2019 ------------------------------------------------------------------------------- Neto renditulu 5 651 646 639 720 1 308 860 1 291 518 ------------------------------------------------------------------------------- Neto renditulu 651 646 639 720 1 308 860 1 291 518 ------------------------------------------------------------------------------- Üldhalduskulud (43 297) (24 067) (80 624) (31 718) Muud tulud / (kulud) 0 (15 000) 0 (15 000) ------------------------------------------------------------------------------- Ärikasum 608 349 600 653 1 228 236 1 244 800 ------------------------------------------------------------------------------- Finantstulud / (kulud) (279 804) (413 416) (570 584) (790 090) ------------------------------------------------------------------------------- Kasum enne tulumaksu 328 545 187 237 657 652 454 710 ------------------------------------------------------------------------------- Aruandeperioodi kasum 328 545 187 237 657 652 454 710 ------------------------------------------------------------------------------- Aruandeperioodi koondkasum kokku 328 545 187 237 657 652 454 710 ------------------------------------------------------------------------------- Konsolideeritud finantsseisundi vahearuanne ----------------------------------------------------------------------- (eurodes) Lisa 30.06.2020 31.12.2019 ----------------------------------------------------------------------- Raha ja raha ekvivalendid 555 735 561 474 Nõuded ostjate vastu ja muud nõuded 392 830 204 939 ----------------------------------------------------------------------- Käibevara kokku 948 565 766 413 Kinnisvarainvesteering 30 909 000 30 909 000 ----------------------------------------------------------------------- Põhivara kokku 30 909 000 30 909 000 VARAD KOKKU 31 857 565 31 675 413 Võlad tarnijatele ja muud võlad 431 635 358 749 Tuletisinstrumendid 434 250 455 217 Laenukohustised 6 1 064 004 1 064 000 ----------------------------------------------------------------------- Lühiajalised kohustised 1 929 889 1 877 966 Laenukohustised 6 26 896 627 27 428 625 ----------------------------------------------------------------------- Pikaajalised kohustised 26 896 627 27 428 625 KOHUSTISED KOKKU 28 826 516 29 306 591 Osakapital 2 500 2 500 Jaotamata kasum 3 028 549 2 366 322 ----------------------------------------------------------------------- OMAKAPITAL KOKKU 3 031 049 2 368 822 OMAKAPITAL JA KOHUSTISED KOKKU 31 857 565 31 675 413 ----------------------------------------------------------------------- ?Siim Sild Direktor +372 5626 0107 [email protected]
Teate sisu inglise keeles
Pealkiri
UPP Olaines OÜ consolidated unaudited financial results for Q2 and 6 months of 2020
Teade
Management commentary for the 6 months of 2020 Net rental income was 1 308 860 euros for the 6 months of 2020 (2019 6 months: 1 291 518). Operating profit was 1 228 236 euros for the 6 months of 2020 (2019 6 months: 1 244 800). Net income was 627 652 euros for the 6 months of 2020 (2019 6 months: 454 710). The company's sole business activity is to collect rental revenue, manage the Olaine property and service its liabilities to lenders and investors. Liabilities include the subordinated bonds with a fixed interest rate and the investment loan which' rate is also fixed with an interest rate swap agreement. On the revenue side the company earns stable triple-net rental income from reputable tenants, which is fixed with medium-term agreements but is subject to indexation. Due to the economically fixed nature of the company, there needs to be major event in the overall economy or in the company's business activities for them to have significant effect on the company's financial results. Key indicators of financial performance and position for 6 months 2020 ---------------------------------------------------------------------------- (in EUR) Q2 2020 Q2 2019 6 months 2020 6 months 2019 ---------------------------------------------------------------------------- Net rental income 651,646 639,720 1,308,860 1,291,518 Operating profit 608,349 600,653 1,228,236 1,244,800 Profit for the period 328,545 187,237 657,652 454,710 ---------------------------------------------------------------------------- ----------------------------------------------------------------------------- (in EUR) 30.06.2020 31.12.2019 ----------------------------------------------------------------------------- Investment property 30,909,000 30,909,000 Interest-bearing loans 27,960,000 28,492,625 Interest-bearing loans less shareholder loan 25,012,331 25,544,325 ----------------------------------------------------------------------------- ------------------------------------------------------------------------------- 6 months 2020 ------------------------------------------------------------------------------- Net profit margin (Total comprehensive income for the period / Net rental income) 50% ROA (Net profit for the period / Average total assets for the period) 2.1% DSCR (Operating profit / Loan principal and interest payments on interest-bearing loans) 1.2 Management board, supervisory board and audit committee The management board of UPP Olaines OÜ has one member: Marko Tali, Chairman of the Management Board. The supervisory board of UPP Olaines OÜ has three members: Mart Tooming, Tarmo Rooteman, Hallar Loogma. No remuneration or other benefits are provided to the members of the management board and the supervisory board. Other than the management board and the supervisory board, the Company has no employees. In 2020 UPP Olaines OÜ formed an audit committee, which has three members. CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS Condensed consolidated interim statement of comprehensive income ------------------------------------------------------------------------------- (in EUR) Note Q2 2020 Q2 2019 6 months 2020 6 months 2019 ------------------------------------------------------------------------------- Net rental income 5 651,646 639,720 1,308,860 1,291,518 ------------------------------------------------------------------------------- Net rental income 652,646 639,720 1,308,860 1,291,518 ------------------------------------------------------------------------------- General and administrative expenses (43,297) (24,067) (80,624) (31,718) Other income / (cost) 0 (15,000) 0 (15,000) ------------------------------------------------------------------------------- Operating profit 608,349 600,653 1,228,236 1,244,800 ------------------------------------------------------------------------------- Financial income / (cost) (279,804) (413,416) (570,584) (790,090) ------------------------------------------------------------------------------- Profit before income tax 328,545 187,237 657,652 454,710 ------------------------------------------------------------------------------- Profit for the period 328,545 187,237 657,652 454,710 ------------------------------------------------------------------------------- Total comprehensive income for the period 328,545 187,237 657,652 454,710 ------------------------------------------------------------------------------- Condensed consolidated interim statement of financial position ----------------------------------------------------------------- (in EUR Note 30.06.2020 31.12.2019 ----------------------------------------------------------------- Cash and cash equivalents 555,735 561,474 Trade and other receivables 392,830 204,939 ----------------------------------------------------------------- Total current assets 948,565 766,413 Investment property 30,909,000 30,909,000 ----------------------------------------------------------------- Total non-current assets 30,909,000 30,909,000 TOTAL ASSETS 31,857,565 31,675,413 Trade and other payables 431,635 358,749 Financial derivatives 434,250 455,217 Loans and borrowings 6 1,064,004 1,064,000 ----------------------------------------------------------------- Total current liabilities 1,929,889 1,877,966 Loans and borrowings 6 26,896,627 27,428,625 ----------------------------------------------------------------- Total non-current liabilities 26,896,627 27,428,625 TOTAL LIABILITIES 28,826,516 39,306,591 Share capital 2,500 2,500 Retained earnings 3,028,549 2,366,322 ----------------------------------------------------------------- TOTAL EQUITY 3,031,049 2,368,822 TOTAL EQUITY AND LIABILITIES 31,857,565 31,675,413 ----------------------------------------------------------------- Siim Sild Director +372 5626 0107 [email protected]