CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE MONTHS PERIOD ENDED 31 MARCH, 2023 (UNAUDITED)
Consolidated interim financial statements for the three months period ended 31 March, 2023 (unaudited), thousand euros
City Service SE
CONSOLIDATED INTERIM FINANCIAL STATEMENTS
FOR THE THREE MONTHS PERIOD ENDED 31 MARCH, 2023 (UNAUDITED)
Beginning of the reporting period | 1 January 2023 |
End of the reporting period | 31 March 2023 |
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 |
info@cityservice.eu | |
Website | http://www.cityservice.eu |
Auditor | Ernst & Young Baltic AS |
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Consolidated interim financial statements for the three months period ended 31 March, 2023 (unaudited), thousand euros
CONTENTS | |
DECLARATION OF THE MANAGEMENT | 4 |
CONSOLIDATED STATEMENT OF FINANCIAL POSITION | 5 |
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME | 7 |
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY | 8 |
CONSOLIDATED STATEMENT OF CASH FLOWS | 9 |
GENERAL INFORMATION | 10 |
1.1. ACTIVITY | 10 |
1.2. SHARE CAPITAL OF THE COMPANY | 11 |
1.3. SHAREHOLDERS OF THE COMPANY | 11 |
1.4. CITY SERVICE GROUP | 12 |
1.5. COMPANY'S SUPERVISORY BOARD | 15 |
1.6. COMPANY'S MANAGEMENT BOARD | 16 |
1.7. ACTIVITY AND SEGMENT INFORMATION | 17 |
ACCOUNTING POLICIES | 19 |
GOODWILL | 19 |
SIGNIFICANT EVENTS | 20 |
OTHER INTANGIBLE ASSETS | 21 |
PROPERTY, PLANT AND EQUIPMENT | 22 |
DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE | 23 |
RIGHT OF USE ASSETS AND LEASE | 26 |
TRADE RECEIVABLES | 27 |
BORROWINGS | 27 |
COST OF SALES | 28 |
GENERAL AND ADMINISTRATIVE EXPENSES | 28 |
OTHER OPERATING INCOME (EXPENSES) | 29 |
INTEREST AND OTHER FINANCE INCOME AND (EXPENSES) | 29 |
DIVIDENDS PER SHARE | 29 |
RELATED PARTY TRANSACTIONS | 30 |
SUBSEQUENT EVENTS | 31 |
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Consolidated interim financial statements for the three months period ended 31 March, 2023 (unaudited), thousand euros
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
Notes | As of 31 | As of 31 | |||
March 2023 | December 2022 | ||||
Assets | |||||
NON-CURRENT ASSETS | |||||
Goodwill | 3 | 8,799 | 8,799 | ||
Other intangible assets | 5 | 19,044 | 18,978 | ||
Property, plant and equipment | 6 | 1,040 | 994 | ||
Right of use assets | 8 | 4,146 | 3,902 | ||
Non-current receivables | 9 | 4,767 | 4,941 | ||
Deferred income tax asset | 1,615 | 1,501 | |||
Total non-current assets | 39,411 | 39,115 | |||
CURRENT ASSETS | |||||
Inventories | 845 | 1,047 | |||
Prepayments | 1,665 | 1,579 | |||
Trade receivables | 9 | 20,329 | 20,483 | ||
Receivables from related parties | 16 | 574 | 217 | ||
Contract assets | 1,408 | 1,485 | |||
Other receivables and current assets | 3,598 | 4,311 | |||
Cash and cash equivalents | 3,367 | 3,434 | |||
Total current assets | 31,786 | 32,556 | |||
Assets held for sale | 7,131 | 6,032 | |||
Total assets | 78,328 | 77,703 | |||
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