plazacenters.com - investor relations / financial highlights

Consolidated statement of financial position

December 31,

€'000	2014	2015	2016
Non-current assets	417 965	368 378
Trading properties	370 761	317 758
Equity accounted investees	36 108	40 608
Other non-current assets	11 096	10 012
Current assets	48 132	23 633
Trading properties	-
Cash and cash equivalents	33 363	15 659
Other current assets	14 769	7 974
Total assets	466 097	392 011
Current liabilities	54 544	121 268
Interest bearing loans from banks	37 885	31 891
Debentures at amortized cost	-	79 564
Other current liabilities	16 659	9 813
Net current assets /(liabilities)	-6 412	-97 635
Non-current liabilities	291 980	187 875
Bank loans	112 962	70 621
Debentures at amortized cost	162 862	102 025
Other non-current liabilities	16 156	15 229
Total liabilities	346 524	309 143
Retained earnings (losses)	-148 486	-194 602
Other reserves and equity	267 387	276 704
Total equity attributable to equity holders of the Company	118 901	82 102
Non-controlling interests	672	766
Total equity	119 573	82 868
Total equity and liabilities	466 097	392 011

Consolidated statement of profit or loss

For the year ended December 31,

Continuing operations - €'000	2014	2015	2016
Revenues	62 425	54 088
Cost of operations	-49 260	-50 986
Gross profit	13 165	3 102
Loss from disposal of undeveloped trading properties	-4 621	-
Gain from sale of leasehold rights	-	2 589
Write-down of trading properties	-89 176	-19 383
Share in results of equity-accounted investees	1 641	1 043
Administrative expenses - excluding restructuring costs	-7 434	-6 999
Restructuring costs	-2 388	-
Other income (expenses)	-23	5 456
Loss from operating activities	-88 836	-14 192
Finance income	1 263	14 292
Finance costs	-36 839	-45 195
Net finance costs	-35 576	-30 903
Loss before income tax	-120 969	-45 095
Tax benefit (expense)	1 282	-1 021
Profit (Loss) from continuing operations	-119 687	-46 116