JOINT STOCK COMPANY LATVIJAS CENTRĀLAIS DEPOZITĀRIJS (UNIFIED REGISTRATION NUMBER ) CONDENSED FINANCIAL REPORT

Transcription

1 JOINT STOCK COMPANY LATVIJAS CENTRĀLAIS DEPOZITĀRIJS (UNIFIED REGISTRATION NUMBER ) CONDENSED FINANCIAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2014

2 Address: Vaļņu iela 1, Rīga, LV-1050 CONTENTS Independent auditors report 3 Income statement 4 Balance sheet 5 Cash flow statement 7 Statement of changes in equity 8 2

3

4 Income statement EUR EUR Net sales Costs of sales ( ) ( ) Gross profit Administrative expenses ( ) ( ) Other operating income Other operating expenses (18 879) (19 529) Interest receivable and similar income Change of the value on non-current financial assets and short-term securities (32 629) Interest payable and similar expenses (2 052) (1 917) Profit before taxes Corporate income tax ( ) ( ) Deferred income tax Current year's profit Indars Aščuks Chairman of the Board Raitis Vancāns Member of the Board 01 April

5 Balance sheet ASSETS NON-CURRENT ASSETS EUR EUR Intangible assets Concessions, patents, licences and similar rights TOTAL Property, plant and equipment Property, plant and equipment TOTAL Non-current financial assets Other investments Other receivables Deferred income tax TOTAL TOTAL NON-CURRENT ASSETS CURRENT ASSETS Non-current assets held for sale Trade receivables Trade receivables Other receivables Prepaid expenses TOTAL Cash and cash equivalents TOTAL CURRENT ASSETS TOTAL ASSETS Indars Aščuks Chairman of the Board Raitis Vancāns Member of the Board 01 April

6 Balance sheet EQUITY AND LIABILITIES EQUITY EUR EUR Share capital Retained earnings: brought forward for the period TOTAL EQUITY LIABILITIES Non-current liabilities Deferred income tax liability - 55 TOTAL - 55 Current liabilities Trade and other payables Taxes payable Deferred income Accrued liabilities TOTAL TOTAL LIABILITIES TOTAL EQUITY AND LIABILITIES Indars Aščuks Chairman of the Board Raitis Vancāns Member of the Board 01 April

7 Cash flow statement EUR EUR Cash flows to/ from operating activities Profit before tax Adjustments for: Depreciation of tangible assets Amortisation of intangible assets Increase/ (decrease) in provisions Unrealised (gain)/ loss from fluctuations of currency exchange rates Interest income (11 572) (56 182) Loss on changes in fair value of financial instruments (31 558) Operating profit or loss before working capital changes (Increase)/ decrease in receivables (29 054) Increase in payables Cash generated from operations Corporate income tax paid ( ) ( ) Net cash flows to/ from operating activities Cash flows to/ from investing activities Purchase of property, plant and equipment ( ) ( ) Purchase of financial assets ( ) - Proceeds from disposal of financial assets Interest (paid)/ received (49 058) Net cash flows to/ from investing activities ( ) ( ) Cash flows to/ from financing activities Dividends paid ( ) ( ) Denomination (13) Net cash flows to/ from financing activities ( ) ( ) Change in cash ( ) ( ) Net foreign exchange difference (1 988) (1 608) Cash at the beginning of the year Cash at the end of the year

8 Statement of changes in equity Share capital Retained earnings Profit for the year Total Balance as at 31 December Dividends paid - ( ) - ( ) Transfer of prior year result ( ) - Profit for the reporting year Balance as at 31 December Dividends paid (13) ( ) - ( ) Transfer of prior year result ( ) - Profit for the reporting year Balance as at 31 December