Hagar hf. |
Financial Summary |
1 March 2017 - 31 May 2017 |
*This financial summary is translated from the Condensed Consolidated Interim Financial Statements of Hagar hf. which is in Icelandic. Should there be discrepancies between the two versions, the Icelandic version will take priority over the translated version. |
Hagar hf. |
Hagasmári 1 |
201 Kópavogur |
Iceland |
Reg. no. 670203-2120 |
Contents | |
Consolidated Statement of Comprehensive Income ............................................................................................. | 3 |
Consolidated Balance Sheet ................................................................................................................................ | 4 |
Consolidated Statement of Changes in Equity ...................................................................................................... | 5 |
Consolidated Statement of Cash Flows ............................................................................................................. | 6 |
Condensed Consolidated Interim Financial Statements 31 May 2017 2
Consolidated Statement of Comprehensive Income | ||
for the three months ended 31 May 2017 | ||
2017 | 2016 | |
1.3.-31.5. | 1.3.-31.5. | |
Sales .................................................................................................................................. | 19.048 | 19.981 |
Cost of goods sold ............................................................................................................. | ( 14.312) | ( 15.069) |
Gross profit ....................................................................................................................... | 4.736 | 4.912 |
Other operating income ...................................................................................................... | 54 | 54 |
Salaries and salary-related expenses ................................................................................ | ( 2.043) | ( 1.940) |
Other operating expenses .................................................................................................. | ( 1.470) | ( 1.653) |
Profit from operating activities before depreciation and amortisation ....................... | 1.277 | 1.373 |
Depreciation and amortisation ........................................................................................... | ( 225) | ( 191) |
Profit from operating activities ....................................................................................... | 1.052 | 1.182 |
Finance income .................................................................................................................. | 54 | 82 |
Finance expenses .............................................................................................................. | ( 64) | ( 79) |
Net finance expense ........................................................................................................ | ( 10) | 3 |
Share of profit of associates .............................................................................................. | 20 | 0 |
Profit before income tax .................................................................................................. | 1.062 | 1.185 |
Income tax .......................................................................................................................... | ( 212) | ( 237) |
Comprehensive income for the year .............................................................................. | 850 | 948 |
Earnings per share | ||
Basic earnings per share of ISK 1 ..................................................................................... | 0,74 | 0,81 |
Consolidated Balance Sheet as at 31 May 2017 | ||
31.5.2017 | 28.2.2017 | |
Assets | ||
Operating assets ..................................................................................................... | 10.996 | 10.927 |
Intangible assets ...................................................................................................... | 8.031 | 7.950 |
Total non-current assets | 19.027 | 18.877 |
Inventories ............................................................................................................... | 4.393 | 4.419 |
Trade and other receivables .................................................................................... | 529 | 587 |
Trade receivable - customer' credit cards ................................................................ | 3.895 | 3.752 |
Cash and cash equivalents ..................................................................................... | 3.027 | 2.474 |
11.844 | 11.232 | |
Total assets | 30.871 | 30.109 |
Equity | ||
Share capital ............................................................................................................ | 1.153 | 1.153 |
Share premium ........................................................................................................ | 291 | 291 |
Restricted reserve ................................................................................................... | 4.756 | 3.893 |
Retained earnings ................................................................................................... | 12.062 | 12.075 |
Total equity | 18.262 | 17.412 |
Liabilities | ||
Loans and borrowings ............................................................................................. | 2.795 | 2.986 |
Deferred income tax liability ..................................................................................... | 814 | 601 |
Total non-current liabilities | 3.609 | 3.587 |
Loans and borrowings ............................................................................................. | 768 | 767 |
Trade and other payables ........................................................................................ | 1.024 | 833 |
Current tax liabilities ................................................................................................ | 7.208 | 7.362 |
Provisions ................................................................................................................ | 0 | 148 |
Total current liabilities | 9.000 | 9.110 |
Total liabilities | 12.609 | 12.697 |
Total equity and liabilities | 30.871 | 30.109 |
Hagar hf. published this content on 31 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 June 2017 11:54:11 UTC.
Original documenthttp://en.hagar.is/media/hluthafaupplysingar/Hagar-Arsreikningur-summary-31.05.2017-enskur.pdf
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