• Key financials

    Balance sheet:

    EUR ’000 2007 2008 2009 2010 2011 2012 2013 2014 2015
    Total Assets 201,680 169,361 167,146 178,440 113,472 100,262 98,294 125,031 130,323
    Current Assets 110,592 83,959 82,398 119,464 64,688 52,096 51,084 18,879 20,438
    Non-current assets 91,088 85,402 84,748 58,976 48,784 48,166 47,210 106,152 109,885
    Short-term liabilities 41,740 57,807 21,365 92,633 17,817 16,786 14,600 22,839 15,150
    Long-term liabilities 45,653 33,135 68,771 19,300 23,596 17,728 18,999 16,404 31,741
    Equity 114,287 78,419 77,009 66,506 72,058 65,748 64,695 85,788 83,432
    of which minority interest 51,680 28,474 29,390 29,670 1,597 1,552 1,505 2,024 1,635
    Net debt 46,766 70,662 73,792 92,451 26,827 26,691 26,011 28,029 28,598
    Debt / Equity 0.5 0.9 1.0 1.4 0.5 0.4 0.4 0.3 0.4

    Income statement:

    EUR ’000 2007 2008 2009 2010 2011 2012 2013 2014 2015
    Revenue 45,011 28,823 21,999 21,051 17,449 16,078 12,287 10,335 18,322
    Kasv a/a, % n/a -36.0% -23.7% -4.3% -17.1% -7.9% -23.6% -15.9% 77,3%
    Other income* 85,744 4,473 1,357 219 54,281 411 410 31,659 3,353
    EBITDA 102,114 7,822 -511 -4,135 48,192 -4,084 465 26,608 2,117
    EBITDA, % 226.9% 27.1% -2.3% -19.6% 276.2% -25.4% 3.8% 257.5% 11.6%%
    Net profit 85,355 4,953 -1,315 -7,020 56,149 -6,179 -2,578 22,369 -2,010
    of which minority interest 29,019 3,876 2,140 393 28,028 3 22 -146 -76
    Net margin, % 189.6% 17.2% -6.0% -33.3% 321.8% -38.4% -21.2% 216.4% -11.0%

    Division of AS Pro Kapital Group was completed in the financial year 2011. According to the division plan approved by the shareholders of the Company, all assets, claims and liabilities related to the Italian subsidiaries of AS Pro Kapital Group were transferred to the holding company AS Domina Vacanze Holding. Shareholders of AS Pro Kapital Group became also the shareholders of AS Domina Vacanze Holding. The above combined financial statements, therefore, represent the business and the results of the present AS Pro Kapital Group in Estonia, Latvia, Lithuania and Germany in 2007-2011. Italian business and its impact on the results are excluded from the combined financial statements as well as the Russian business that was sold out of AS Pro Kapital Group in the financial year 2011.

    *Other income includes profit from sale of assets held for sale (sale of Domina and Kristiine Shopping Centres in 2007 and 2011) and profit from reclassification of assets and recording them in fair value in 2014.
    ** unaudited