Business
City Service : 2024 Q2 Interim consolidated financial statements (7.5 MB)
City Service : 2024 Q2 Interim consolidated financial statements (7.5
About this update from City Service Se
20 24 INTERIM CONSOLIDATED REPORT 1 CITY SERVICE SE INTERIM CONSOLIDATED REPORT For six months of 2024 INTERIM CONSOLIDATED REPORT for the six months of 2024 Beginning of the reporting period 1 January 2024 End of the reporting period 30 June 2024 Business name City Service SE Registration number 12827710 Legal address Narva mnt. 5, 10117 Tallinn, the Republic of Estonia Telephone +370 5 239 49 00 Fax +370 5 239 48 48 E-mail [email protected] Website http://www.cityservice.eu Auditor Ernst & Young Baltic AS CONTENTS Declaration of the management 4 1. Corporate profile 5 1.1. City Service Group 5 1.2. Strategy and objectives 6 1.3. Mission and vision 6 1.4. Structure of the Group 7 2. Interim management report 8 2.1. Main areas of activity 8 2.1.1. Administration of apartment buildings 8 2.1.2. Management of commercial building facilities 12 2.1.3. Maintenance and cleaning of territories 15 2.1.4. Other activities 15 2.2. Performance improvement 16 2.3. Significant and latest events 17 2.4. Key risk activity types and uncertainties 18 2.5. The main financial ratios concerning the reporting period 19 2.6. Significant related party transactions 19 3. Consolidated interim financial statements 21 Consolidated statement of financial position 21 Consolidated statement of comprehensive income 23 Statement of comprehensive income 24 Consolidated statement of changes in equity 25 Consolidated statement of cash flows 26 4. Notes to the financial statements 27 General information 27 1.1. Activity 27 1.2. Share capital of the company 28 1.3. Shareholders of the company 28 1.4. City service group 29 1.5. Company's supervisory board 31 1.6. Company's management board 32 1.7. Activity and segment information 33 Accounting policy 35 Goodwill 35 Other intangible assets 37 Property, plant and equipment 38 Discontinued operations and assets held for sale 39 Right of use assets and lease 40 DECLARATION OF THE MANAGEMENT 30 August 2024 According to Management Board Regulations of City Service SE, Chairman of the Management Board hereby declares and confirms that according to his best knowledge, the financial state- ments, prepared according to the accounting standards in force, present a correct and fair view of the assets, liabilities, financial situation and loss or profit of the issuer and the undertakings involved in the consolidation as a whole, and the management r...