FOR THE YEAR ENDED DECEMBER 31, 2014
CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENT OF OPERATIONS FOR THE YEAR ENDED 31 DECEMBER 2014
Year ended
31 December 2014
Year ended
31 December 2013
Interest and commission income 11.1 2 350 4 635
Interest and commission expense 11.1 (114) (130)
Income on licensing intellectual property rights 11.2 905 241
Cost of licensing intellectual property rights 11.2 - -
Net profit (loss) from investment securities 11.3 (708) (895) Increase (decrease) in asset impairment charges 114, 31.2 (53) 265
Net operating income 2 380 4 116
Other operating income 11.5 268 373
Other operating expenses 11.6 (95) (7 280) General administration expenses (including amortization) 11.7 (1 675) (1 473)
Profit (loss) from impairment of other assets and
reserves 11.8 - (30)
Gross Profit (Loss) 878 (4 294) Income Tax 12 91 (1 855) Net Profit (Loss) from operations 787 (2 439)
Basic, from profit for fiscal year 14 0.16 (0.49) Basic, from profit from continuing operations 0.16 (0.49) Diluted, from profit for fiscal year 0.16 (0.49)
Diluted, from profit from continuing operations 0.16 (0.49)
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CONSOLIDATED FINANCIAL STATEMENTS CAPITAL GROUP GREMI MEDIAFOR THE YEAR ENDED DECEMBER 31, 2014
CONSOLIDATED COMPREHENSIVE INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2014 | Year ended 31 December 2014 | Year ended 31 December 2013 |
Net Profit (Loss) for the period | 787 | (2 439) |
Other total income | - | - |
Currency translations | - | - |
Available-for-sale financial assets | - | - |
Cash flows hedges | - | - |
Actuarial gains (losses) from pension plans | - | - |
Share in other total income of subsidiaries | - | - |
Income tax on other total income | - | - |
Net other total income | - | - |
TOTAL INCOME FOR THE PERIOD | 787 | (2 439) |
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CONSOLIDATED FINANCIAL STATEMENTS CAPITAL GROUP GREMI MEDIAFOR THE YEAR ENDED DECEMBER 31, 2014
CONSOLIDATED STATEMENT OF FINANCIAL POSITION Note
As at
31 December 2014
As at
31 December 2013
Tangible fixed assets 16 - 8
Intangible assets 17 4 166 3 717
Financial assets 18 8 670 8 341
Deferred tax assets 12.3 - -
Short-term financial assets 19 33 568 30 533
Trade receivables and other receivables 20 3 133 6 719
Income Tax - - - Prepayments 21 - 3
Cash and cash equivalents 22 66 1 006
Available-for-sale assets 13 - -
Share capital 23.1 10 914 10 914
Share premium account 23.2 14 485 14 485
Other capital reserves 23.3 12 820 12 820
Retained earnings/uncovered losses 8 332 7 545
Bank credits and debt securities 24 - - Reserves 25 - - Deferred income tax reserve 12.3 706 615
Short-term liabilities 2 346 3 948
Reserves 25 - -
Trade payables and other payables 26.1, 26.2 899 568
Income Tax - 265
Current interest on bank loans and debt securities 24 1 402 3 086
Accruals 26.3 45 29
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CONSOLIDATED FINANCIAL STATEMENTS CAPITAL GROUP GREMI MEDIAFOR THE YEAR ENDED DECEMBER 31, 2014
CONSOLIDATED CASH FLOW STATEMENT FOR YEAR ENDED 31 DECEMBER 2014 | Year ended 31 December 2014 | Year ended 31 December 2013 | |
Cash flow from operating activities | |||
Gross profit (loss) | 878 | (4 294) | |
Adjusted by: | 6 420 | (954) | |
Amortization | 11.7 | 5 | 17 |
Net interest and dividend | 80 | 130 | |
Profit (loss) on investments | 711 | 7 881 | |
Increase (decrease) in provisions | - | - | |
Increase (decrease) in receivables and financial assets | 5 992 | (4 575) | |
Increase (decrease) in liabilities | (121) | (4 417) | |
Increase (decrease) in prepayments and accruals | 18 | (23) | |
Income tax paid | (265) | 3 | |
Other* | - | 30 | |
Net cash from operating activities | 7 298 | (5 248) | |
Cash flows from investing activities | |||
Sale of intangible and tangible fixed assets | - | 5 588 | |
Sale of financial assets | 705 | - | |
Purchase of financial assets | (7 180) | - | |
Proceeds from acquired cash of purchased subsidiary | - | 3 962 | |
Other | - | - | |
Net Cash from investing activities | (6 475) | 9 550 | |
Cash flows from financing activities | |||
Repayments of credits and bonds | (1 763) | (3 533) | |
Net Cash from financing activities | (1 763) | (3 533) | |
Net (decrease) increase in cash and cash equivalents | (940) | 769 | |
Net Currency translations | - | - | |
Cash opening balance | 22 | 1 006 | 237 |
Cash closing balance, including | 22 | 66 | 1 006 |
Of limited disposability | - | - |
"Other" includes
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CONSOLIDATED FINANCIAL STATEMENTS CAPITAL GROUP GREMI MEDIAFOR THE YEAR ENDED DECEMBER 31, 2014
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2014
Share Capital
Sshare premium account
Other capital reserves
Retained earnings/ uncovered losses
Total equity
As at 1 January 2014 10 914 14 485 12 820 7 545 45 764
Total income for the period - - - 787 787
Issuance of shares - - - - - Decrease of capital - - - - - Distribution of financial result - - - - -
As at 1 January 2013 10 914 14 485 12 820 9 984 48 203
Total income for the period - - - (2 439) (2 439) Issuance of shares - - - - - Decrease of capital - - - - - Distribution of financial result - - - - -
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distributed by |