Business
City Service : Consolidated interim financial statements for the twelve months period ended 31 December, 2023
City Service : Consolidated interim financial statements for the twelve months period ended 31 December,
About this update from City Service Se
CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE 12 MONTHS PERIOD ENDED 31 DECEMBER, 2023 (UNAUDITED) Consolidated interim financial statements for the twelve months period ended 31 December, 2023 (unaudited), thousand euros City Service SE CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE TWELVE MONTHS PERIOD ENDED 31 DECEMBER, 2023 (UNAUDITED) Beginning of the reporting period 1 January 2023 End of the reporting period 31 December 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 E-mail [email protected] Website http://www.cityservice.eu Auditor Ernst & Young Baltic AS 2 Consolidated interim financial statements for the twelve months period ended 31 December, 2023 (unaudited), thousand euros CONTENTS DECLARATION OF THE MANAGEMENT 4 CONSOLIDATED STATEMENT OF FINANCIAL POSITION 5 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 7 STATEMENTS OF COMPREHENSIVE INCOME 8 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 9 CONSOLIDATED STATEMENT OF CASH FLOWS 10 GENERAL INFORMATION 11 1.1. ACTIVITY 11 1.2. SHARE CAPITAL OF THE COMPANY 12 1.3. SHAREHOLDERS OF THE COMPANY 12 1.4. CITY SERVICE GROUP 13 1.5. COMPANY'S SUPERVISORY BOARD 16 1.6. COMPANY'S MANAGEMENT BOARD 17 1.7. ACTIVITY AND SEGMENT INFORMATION 18 ACCOUNTING POLICIES 20 GOODWILL 20 SIGNIFICANT EVENTS 22 OTHER INTANGIBLE ASSETS 25 PROPERTY, PLANT AND EQUIPMENT 26 DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE 27 RIGHT OF USE ASSETS AND LEASE 30 TRADE RECEIVABLES 31 BORROWINGS 31 COST OF SALES 32 GENERAL AND ADMINISTRATIVE EXPENSES 32 OTHER OPERATING INCOME (EXPENSES) 33 INTEREST AND OTHER FINANCE INCOME AND (EXPENSES) 33 DIVIDENDS PER SHARE 33 RELATED PARTY TRANSACTIONS 34 SUBSEQUENT EVENTS 35 3 Consolidated interim financial statements for the twelve months period ended 31 December, 2023 (unaudited), thousand euros DECLARATION OF THE MANAGEMENT 4 Consolidated interim financial statements for the twelve months period ended 31 December, 2023 (unaudited), thousand euros CONSOLIDATED STATEMENT OF FINANCIAL POSITION Notes As of 31 As of 31 December 2023 December 2022 Assets NON-CURRENT ASSETS Goodwill 3 8,799 8,799 Other intangible assets 5 18,957 18,978 Property, plant and equipment 6 856 994 Right of use assets 8 2,154 3,902 Non-current receivables 9 5,939 4,941 Deferred inc...