Aedas Homes S A : H1 2021-23 Consolidated Financial Statements

Aedas Homes, S.A. and subsidiaries

Interim condensed consolidated financial statements for the six months ended 30 September 2022

(Free translation from the original in Spanish. In case of discrepancy, the Spanish-language version prevails)

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AEDAS HOMES, S.A. and subsidiaries

CONSOLIDATED BALANCE SHEET AT 30 SEPTEMBER 2022 AND 31 MARCH 2022

(Euros)

ASSETS			Note	30 Sept. 2022 (*)	31 Mar. 2022	EQUITY AND LIABILITIES	Note	30 Sept. 2022 (*)	31 Mar. 2022
NON-CURRENT ASSETS:							EQUITY:
Intangible assets					5,703,254	5,991,992	Capital		46,806,537	46,806,537
Patents, licences and trademarks				2,486,878	2,486,878	Share capital		46,806,537	46,806,537
Software					2,103,520	2,294,916	Share premium		478,534,502	478,534,502
Other intangible assets					1,112,856	1,210,198	Parent company reserves		(299,680,352)	(299,735,041)
Property, plant and equipment				7,727,361	3,468,164	(Own equity instruments)		(56,254,831)	(55,868,955)
Land and buildings					6,990,569	2,129,417	Retained earnings (prior-year losses)		2,144,750	(10,995,576)
Plant and other PP&E					734,131	791,616	Reserves at fully-consolidated companies		(1,806,595)	13,519,644
Work in progress and prepayments				2,661	547,131	Other shareholder contributions		740,071,256	740,071,256
Investment properties					9,224,087	5,941,195	Profit for the period attributable to equity holders of		7,058,102	93,125,034
				the parent
Land					2,066,122	1,175,970	Interim dividend		-	(36,153,300)
Buildings					7,157,965	4,765,225	Other equity instruments		4,882,284	6,617,788
Non-current investments	in group	companies	and		20,666,653	21,058,130	Non-controlling interests		533,629	411,296
associates
Investments in associates				11,111,009	12,156,376	Total equity	4	922,289,282	976,333,185
Loans to associates				7	9,555,644	8,901,754	NON-CURRENT LIABILITIES:
Non-current financial assets				1,392,057	1,381,427	Non-current borrowings	5	321,520,840	318,612,309
Other non-current financial assets				1,392,057	1,381,427	Notes and other marketable securities		318,189,042	317,416,728
Deferred tax assets				6	5,764,765	6,952,661	Bank borrowings		-	-
Total non-current assets					50,478,177	44,793,569	Other financial liabilities		3,331,798	1,195,581
CURRENT ASSETS:							Deferred tax liabilities	6	260,416	260,416
Inventories				3	1,720,968,346	1,520,346,571	Total non-current liabilities		321,781,256	318,872,725
Trade and other receivables				77,468,722	71,497,514
Trade receivables					49,138,823	63,104,592
Trade receivables, associates			7	769,620	708,799	CURRENT LIABILITIES:
Other receivables					727,261	721,851	Current provisions	3	10,635,097	13,236,445
Receivable from employees				226	-	Project finance with long-term maturities	5	186,205,110	98,599,126
Current tax assets					179,014	179,014	Current borrowings	5	66,771,553	51,287,073
Other taxes receivable					26,653,778	6,783,258	Notes and other marketable securities		37,307,407	42,460,562
Current investments in	group	companies	and	7	1,672,627	4,542,723	Bank borrowings		27,705,048	6,897,412
associates
Loans to associates					1,672,627	4,218,723	Other financial liabilities		1,759,098	1,929,099
Other financial assets					-	324,000	Trade and other payables		490,158,862	440,379,366
Current financial assets					12,754,574	5,588,112	Trade and other payables		188,160,988	164,670,033
Other current financial assets				12,754,574	5,588,112	Trade payables		4,303,020	7,088,316
Prepayments and accrued income				14,156,629	11,918,290	Employee benefits payable		2,415,110	4,009,964
Cash and cash equivalents					120,342,085	240,021,141	Current tax liabilities		16,963,152	15,915,738
Cash					110,924,353	220,113,259	Other taxes payable		22,715,913	32,472,311
Cash equivalents					9,417,732	19,907,882	Customer prepayments	10	255,600,679	216,223,004
Total current assets					1,947,362,983	1,853,914,351	Total current liabilities		753,770,622	603,502,010
TOTAL ASSETS					1,997,841,160	1,898,707,920	TOTAL EQUITY AND LIABILITIES		1,997,841,160	1,898,707,920

The accompanying notes 1 to 13 are an integral part of the interim condensed consolidated financial statements for the six months ended 30 September 2022. (*) Unaudited

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