European Regional Development Fund

Malta Properties Company plc

Dec
2015

Year-End
Jun
2016

Interim
Dec
2016

Year-End
Jun
2017

Interim
Assets
Non Current Assets
Property, plant & equipment 8,491 12,208 464,829 464,618
Investment Property 54,018,149 54,620,782 50,090,000 51,084,799
Deferred tax assets - - 28,662 13,925
Other non-current assets 12,142 6,071 18,879 29,473
Total Non Current Assets 54,038,782 54,639,061 50,602,370 51,592,815
Current Assets
Inventories - - 6,360,000 6,360,000
Trade receivables 91,443 119,460 332,673 121,175
Income tax receivable 38,094 35,707 59,268 22,280
Cash and cash equivalents 1,602,639 1,490,209 1,376,510 1,876,097
Total Current Assets 1,732,176 1,645,376 8,128,451 8,379,552
Total Assets 55,770,958 56,284,437 58,730,821 59,972,367
Equity
Share capital 32,419,356 32,419,356 32,419,356 32,419,356
Retained earnings 1,168,142 1,719,258 3,725,053 4,172,100
Other reserve/s - - (53,229) (25,860)
Total Equity 33,587,498 34,138,614 36,091,180 36,565,596
Liabilities
Non Current Liabilities
Borrowings 16,000,000 16,000,000 16,000,000 16,218,824
Other liabilities 5,401,815 5,462,079 5,645,000 5,645,000
Derivative financial instruments - - 81,891 39,785
Total Non Current Liabilities 21,401,815 21,462,079 21,726,891 21,903,609
Current Liabilities
Tax payable 300,144 578,335 574,878 820,833
Trade payables 481,501 105,409 337,872 682,329
Total Current Liabilities 781,645 683,744 912,750 1,503,162
Total Liabilities 22,183,460 22,145,823 22,639,641 23,406,771
Total Equity and Liabilities 55,770,958 56,284,437 58,730,821 59,972,367
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