EXPLANATORY NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL
10
STATEMENTS
1.
General information
10
2.
Basis for presentation, estimates made and accounting policies
11
3.
Changes to the Group's structure
12
4.
Events occurred since the end of 2021
13
5.
Cost of sales and administration and sales expenses
14
6.
Employee benefits expenses
15
7.
Other income and expenses
15
8.
Net financial expenses
16
9.
Segment reporting
16
10.
Property, plant and equipment, goodwill and other intangible assets
19
10.1.
Property, plant and equipment
19
10.2.
Goodwill
20
10.3.
Rights of use
21
10.4.
Other intangible assets
22
11.
Investments accounted for using the equity method
23
12.
Non-current financial assets and other current financial assets
23
13.
Cash and cash equivalents
24
14.
Inventories
24
15.
Non-current assets held for sale
25
16.
Equity
26
16.1.
Share capital and share premium
26
16.2.
Own shares
26
16.3.
Cumulative translation differences
28
16.4.
Earnings per share
29
16.5.
Dividends
29
17.
Provisions
30
18.
Financial liabilities
32
19.
Taxation
34
20.
Contingencies
35
21.
Business combinations
37
21.1.
Goodwill added in 2022
37
2
INTERIM FINANCIAL STATEMENTS
2022
21.2.
Goodwill added in 2021 whose valuation is being reviewed in 2022
39
21.3.
Goodwill added in 2021 not reviewed in 2022
40
22.
Balances and transactions with related parties
42
23.
Average headcount
44
24.
Events after the reporting date
44
APPENDIX I. - Summary of the main accounting policies
45
Directors' interim report
46
3
INTERIM FINANCIAL STATEMENTS 2022
CONSOLIDATED INCOME STATEMENT - EXPENSE BY FUNCTION
Six month period ended 30
(In thousands of Euros)
June
Note
2022
2021
Revenue
9
883,215
692,419
Cost of sales
5, 6
(584,087)
(478,116)
Gross profit/(loss)
299,128
214,303
Other income
7
1,611
24,905
Administration and sales expenses
5, 6
(190,478)
(155,947)
Other expenses
7
(1,426)
(1,800)
Equity accounted for using the equity method
11
(233)
(765)
Operating profit/(loss) (EBIT)
108,602
80,696
Financial income
8
12,875
6,788
Financial expense
8
(39,514)
(26,151)
Net financial expenses
(26,639)
(19,363)
Profit/(loss) before tax
81,963
61,333
Income tax
19
(38,487)
(30,857)
Post-tax profit of ongoing operations
43,476
30,476
Consolidated profit/(loss) for the period
43,476
30,476
Attributable to:
Owners of the parent
43,744
30,560
Non-controlling interests
(268)
(84)
Proceeds per share from ongoing operations attributable to the owners
of the parent company (Euros per share)
- Basic
16
0.03
0.02
- Diluted
16
0.03
0.02
Notes on pages 10 to 44 form an integral part of these condensed interim consolidated financial statements.
4
INTERIM FINANCIAL STATEMENTS 2022
CONSOLIDATED STATEMENT OF COMPRHENSIVE INCOME
(In thousands of Euros)
Six month period ended 30 June
2022
2021
Profit/(loss) for the period
43,476
30,476
Other comprehensive income:
Items that are going to be reclassified to profit/(loss)
Translation differences for foreign operations
80,966
31,131
80,966
31,131
Total comprehensive income for the period, net of tax
124,442
61,607
Attributable to:
- Owners of the parent
124,710
61,691
- Non-controlling interests
(268)
(84)
124,442
61,607
Notes on pages 10 to 44 form an integral part of these condensed interim consolidated financial statements.
5
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Prosegur Cash SA published this content on 29 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2022 11:07:15 UTC.
Prosegur Cash SA, formerly Prosegur Cit Holding SA, is a Spain-based company engaged in the provision of security services. The Companyâs activities are divided into three business areas: Logistics, Cash management and Outsourcing. The Logistics division focuses on the provision of local and international transport services of cash and other valuable goods. The Cash management division offers counting, processing, custody, preparation and delivery of notes and coins, as well as replenishment of automatic teller machines (ATMs). The Outsourcing division includes a number of support financial services, such as automation of retail operations through self-service cash automatization machines (MAEs), ATMs management, as well as branch forecasting, reconciliation, settlement and credit card support services. The Company operates through own branches and joint ventures in Europe, Central and South America, Africa, Asia and Australia. It operates through Contesta Teleservicios SAU.
PROSEGUR CASH, S.A. 
