Börsiteade
UPP Olaines OÜ
LEI kood
485100K47H9626P04N76
Üldandmed
Kategooriad
Juhtkonna vaheteadaanne või kvartaalne finantsaruanne
Teate ID
9291
Manused
Esitamise kuupäev ja aeg
31.01.2022 19:34:33
Teate sisu eesti keeles
Pealkiri
UPP Olaines OÜ 2021. aasta IV kvartali ja 12 kuu konsolideeritud auditeerimata vahearuanne
Teade
2021. aasta neljanda kvartali ja kaheteistkümne kuu finantsülevaade
Grupi 2021. a. IV kv. Neto renditulu oli 613 708 (2020. a. IV kv. 657 849)
eurot, 2021. a. 12 kuu Neto renditulu oli 2 478 829 (2020. a. 12 kuud
2 637 007) eurot. Ärikasum oli 2021. a. neljandas kvartalis 582 177 (2020. a. IV
kv. 618 950) eurot, kaheteistkümne kuu Ärikasum 2 275 598 (2020. a. 12 kuud
2 482 439) eurot. Grupi Puhaskasum oli 2021. a. neljandas kvartalis 335 878
(2020. a. IV kv. 251 417) eurot, kaheteistkümne kuu Puhaskasum 1 286 634 (2020.
a. 12 kuud 1 370 964) eurot.
IV kvartali madalam Neto renditulu oli tingitud Olaines Logistikapargi
parendustöödest. Lisaks jäi Grupil I kvartalist saamata tulu rentnike vahetuse
tõttu, mille raames viidi läbi ka täiendavaid parendustöid. Nimetadud asjaolud
mõjutasid Gruppi 2021. a. Neto renditulu kõige enam. III kvartalis määrati
Grupile ka arvestatav energiatõhususe trahv, mis andis täiendava hoobi 2021. a
Ärikasumile. Grupi Üldhalduskulud on olnud stabiilsed ning need ei avaldanud
Grupi finantstulemustele 2021. aastal mõju. Madalam Puhaskasum on tingitud
eelnevalt mainitud asjaoludest. Suures pildis vastavad Grupi finantstulemused
juhatuse ootustele.
Aruandeperioodi jooksul ei toimunud erakorralisi sündmusi ega kulusid, va.
eelnevalt mainitud energiatõhususe maks, mis oleks oluliselt mõjutanud Grupi
finantstulemusi. Grupp plaanib täiendavaid energiatõhususe- ning
roheinvesteeringuid Olaines Logistikaparki ning Grupi juhatus ei ole
aruandekuupäeva seisuga teadlik muudest asjaoludest mis võiksid Grupi
majandustulemusi 2022. aastal oluliselt mõjutada.
2021. aasta 12 kuu finantsilised võtmenäitajad
12 kuud
(eurodes) IV kv 2021 IV kv 2020 12 kuud 2021 2020
----------------------------------------------------------------------
Neto renditulu 613 708 657 849 2 478 829 2 637 007
Ärikasum 582 177 618 950 2 275 598 2 482 439
Perioodi kasum 335 878 251 417 1 286 634 1 370 964
----------------------------------------------------------------------
(eurodes) 31.12.2021 31.12.2020
-------------------------------------------------------------------------------
Kinnisvarainvesteering 31 320 000 30 909 000
Intressikandvad laenud 26 358 361 27 428 630
Intressikandvad laenud ilma omanikulaenuta 23 416 333 24 480 330
-------------------------------------------------------------------------------
12 kuud
2021 12 kuud 2020
-------------------------------------------------------------------------------
Puhaskasumi marginaal, % (Perioodi kasum / Neto
renditulu) 51,9% 52,0%
ROA (perioodi kasum / Perioodi keskmised varad) 4,10% 4,44%
Debt-to-EBITDA (Interssikandvad laenud ilma
omanikulaenuta / Ärikasum) 10,3 10,3
LTV (Intressikandvad laenud ilma omanikulaenuta /
Kinnisvarainvesteeringud) 74,8% 79,2%
DSCR (Ärikasum / Intressikandvate laenude põhiosa
tagasimaksed ning intressimaksed) 1,1 1,1
-------------------------------------------------------------------------------
Juhtkond ja nõukogu
UPP Olaines OÜ juhatuses on üks liige: Marko Tali, juhatuse esimees. Olaines
Logistics SIA juhatuses on samuti üks liige: Siim Sild, juhatuse esimees.
UPP Olaines OÜ nõukogus on kolm liiget: Mart Tooming, Tarmo Rooteman, Hallar
Loogma.
UPP Olaines OÜ juhatuse ning nõukogu liikmetele ei ole ettenähtud tasu ega muid
hüvesid. Küll on määratud töötasu Olaines Logistics SIA juhatuse liikmele
vastavalt Läti Vabariigis kehtivale seadusele.
Grupis ei ole peale juhatuse ning nõukogu liikmete teisi töötajaid.
LÜHENDATUD KONSOLIDEERITUD RAAMATUPIDAMISE VAHEARUANNE
Lühendatud konsolideeritud koondkasumiaruanne
(eurodes) Lisa IV kv 2021 IV kv 2020 12 kuud 2021 12 kuud 2020
-------------------------------------------------------------------------------
Neto renditulu 4 613 708 657 849 2 478 285 2 637 007
Muud äritulud 0 0 544 0
-------------------------------------------------------------------------------
Neto renditulu 613 708 657 948 2 478 829 2 637 007
-------------------------------------------------------------------------------
Üldhalduskulud (31 531) (38 899) (153 516) (154 568)
Muud tegevuskulud 0 0 (49 715) 0
-------------------------------------------------------------------------------
Ärikasum 582 177 618 950 2 275 598 2 482 439
-------------------------------------------------------------------------------
Finantstulud / (kulud) (246 299) (367 533) (988 964) (1 111 475)
-------------------------------------------------------------------------------
Kasum enne tulumaksu 335 878 251 417 1 286 634 1 370 964
-------------------------------------------------------------------------------
Äriühingu tulumaks 0 0 0 0
-------------------------------------------------------------------------------
Perioodi kasum 335 878 251 417 1 286 634 1 370 964
-------------------------------------------------------------------------------
Aruandeperioodi
koondkasum kokku 335 878 251 417 1 286 634 1 370 964
-------------------------------------------------------------------------------
Lühendatud konsolideeritud finantsseisundi vahearuanne
(eurodes) Lisa 31.12.2021 31.12.2020
-----------------------------------------------------------------------
Raha ja raha ekvivalendid 722 947 676 373
Nõuded ostjate vastu ja muud nõuded 280 124 171 124
-----------------------------------------------------------------------
Käibevara kokku 1 003 071 847 497
Kinnisvarainvesteering 31 320 000 30 909 000
-----------------------------------------------------------------------
Põhivara kokku 31 320 000 30 909 000
VARAD KOKKU 32 323 071 31 756 497
Võlad tarnijatele ja muud võlad 556 956 369 527
Tuletisinstrumendid 162 078 363 979
Laenukohustised 5 23 416 333 1 064 004
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Lühiajalised kohustised 24 135 367 1 797 510
Laenukohustised 5 2 942 028 26 364 633
-----------------------------------------------------------------------
Pikaajalised kohustised 2 942 028 26 364 633
KOHUSTISED KOKKU 27 077 395 28 251 136
Osakapital 2 500 2 500
Jaotamata kasum 5 243 176 3 591 861
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OMAKAPITAL KOKKU 5 245 676 3 594 361
OMAKAPITAL JA KOHUSTISED KOKKU 32 323 071 31 756 497
-----------------------------------------------------------------------
UNITED PARTNERS
Siim Sild
Managing Director
+372 5626 0107
[email protected]
Teate sisu inglise keeles
Pealkiri
UPP Olaines OÜ consolidated unaudited financial results for Q4 and 12 months of 2021
Teade
?Financial commentary for the fourth quarter and twelve months of 2021
Net rental income was 613 708 euros in 4Q 2021 (657 849 euros in 4Q 2020) and
2 478 829 euros for the twelve months of 2021 (2 637 007 euros for 12 months of
2020). Operating income was 582 177 euros in 4Q 2021 (618 950 euros in 4Q 2020)
and 2 275 598 euros for the twelve months of 2021 (2 482 439 euros for 12 months
of 2020). Net income was 335 878 euros in 4Q 2021 (251 417 euros in 4Q 2020) and
1 286 634 euros for the twelve months of 2021 (1 370 964 euros for 12 months
2020).
Decrease in Net rental income in 4Q was due to property repairs and investments
the Group has undertaken in Olaines Logistics Park. The Group also incurred a
loss in income due to lesse change and the related repair works in 1Q, which had
impact on Net rental income for 2021. In 3Q the Group incurrued an energy
efficiency fee which had further impact on the Operating income for 2021. The
general and administrative expenses were in line with expectations for 2021 and
have had no impact on Group's financial results. Decrease in Net income is due
to aforementioned factors. Overall the Group's financial results are in line
with management expectations.
There were no extraordinary expenses or events during the reporting period,
other than the aforementioned energy efficiency fee. Apart from energy
efficiency and green energy investments that the Group is planning for 2022, the
management is not aware of any circumstances that could severely impact the
Group's financial results in 2022 as of the reporting date.
Key indicators of financial performance and position for 12 months 2021
(in EUR) 4Q 2021 4Q 2020 12 months 2021 12 months 2020
--------------------------------------------------------------------------
Net rental income 613 708 657 849 2 478 829 2 637 007
Operating income 582 177 618 950 2 275 598 2 482 439
Net income 335 878 251 417 1 286 634 1 370 964
--------------------------------------------------------------------------
(in EUR) 31.12.2021 31.12.2020
-----------------------------------------------------------------------
Investment property 31 320 000 30 909 000
Interest-bearing loans 26 358 361 27 428 630
Interest-bearing loans less shareholder's
loan 23 416 333 24 480 330
-----------------------------------------------------------------------
12 months 2021 12 months 2020
-------------------------------------------------------------------------------
Net profit margin, % (Net income / Net rental
income) 51.9% 52.0%
ROA (Net income / Average fixed assets) 4.10% 4.44%
Debt-to-EBITDA (Interest-bearing loans less
shareholder's loan / Operating income) 10.3 10.3
LTV (Interest-bearing loans less shareholder's
loan / Investment property) 74.8% 79.2%
DSCR (Operating income / Loan principal and
interest payments on interest-bearing loans) 1.1 1.1
-------------------------------------------------------------------------------
Management board and supervisory board
The management board of UPP Olaines OÜ has one member: Marko Tali, the chairman
of the board. The management board of Olaines Logistics SIA has also one member:
Siim Sild, chairman of the board.
The supervisory board of UPP Olaines OÜ has three members: Mart Tooming, Tarmo
Rooteman, Hallar Loogma.
No remuneration or other benefits have been allotted to the members of the
management board and supervisory board of UPP Olaines OÜ. The member of board of
Olaines Logistics SIA receives remuneration according to Latvian legislation.
There are no employees in the company besides the members of the management and
supervisory board.
CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS
Condensed consolidated interim statement of comprehensive income
(in EUR) Note 4Q 2021 4Q 2020 12 months 2021 12 months 2020
-------------------------------------------------------------------------------
Net rental income 4 613 708 657 849 2 478 285 2 637 007
Other revenues 0 0 544 0
-------------------------------------------------------------------------------
Net rental income 613 708 657 948 2 478 829 2 637 007
-------------------------------------------------------------------------------
General and
administrative
expenses (31 531) (38 899) (153 516) (154 568)
Other operating
expenses 0 0 (49 715) 0
-------------------------------------------------------------------------------
Operating income 582 177 618 950 2 275 598 2 482 439
-------------------------------------------------------------------------------
Financial income /
(cost) (246 299) (367 533) (988 964) (1 111 475)
-------------------------------------------------------------------------------
Profit before income
tax 335 878 251 417 1 286 634 1 370 964
-------------------------------------------------------------------------------
Income tax 0 0 0 0
-------------------------------------------------------------------------------
Net income 335 878 251 417 1 286 634 1 370 964
-------------------------------------------------------------------------------
Total comprehensive
income for the
period 335 878 251 417 1 286 634 1 370 964
-------------------------------------------------------------------------------
Condensed consolidated interim statement of financial position
(in EUR) Note 31.12.2021 31.12.2020
-----------------------------------------------------------------
Cash and cash equivalents 722 947 676 373
Trade and ohter receivables 280 124 171 124
-----------------------------------------------------------------
Total current assets 1 003 071 847 497
Investment property 31 320 000 30 909 000
-----------------------------------------------------------------
Total non-current assets 31 320 000 30 909 000
TOTAL ASSETS 32 323 071 31 756 497
Trade and ohter payables 556 956 369 527
Financial derivatives 162 078 363 979
Loans and borrowings 5 23 416 333 1 064 004
-----------------------------------------------------------------
Total current liabilities 24 135 367 1 797 510
Loans and borrowings 5 2 942 028 26 364 633
-----------------------------------------------------------------
Total non-current liabilities 2 942 028 26 364 633
TOTAL LIABILITIES 27 077 395 28 251 136
Share capital 2 500 2 500
Retained earnings 5 243 176 3 591 861
-----------------------------------------------------------------
TOTAL EQUITY 5 245 676 3 594 361
TOTAL EQUITY AND LIABILITIES 32 323 071 31 756 497
-----------------------------------------------------------------
UNITED PARTNERS
Siim Sild
Managing Director
+372 5626 0107
[email protected]