Statement of financial position (1/2)
(in Euros) | NOTE | 30/09/2020 | 30/09/2019 | DIFFERENCE |
---|---|---|---|---|
INTANGIBLE ASSETS | 5.1 | 35,404,384 | 36,653,870 | (1,249,486) |
PROPERTY, PLANT AND EQUIPMENT | 5.2 | 10,734,922 | 5,625,403 | 5,109,519 |
EQUITY INVESTMENTS | 5.3 | 42,373,770 | 44,612,009 | (2,238,239) |
DEFERRED TAX ASSETS | 5.4 | 2,263,506 | 2,837,664 | (574,158) |
OTHER NON-CURRENT ASSETS | 5.5 | 1,193,787 | 1,172,239 | 21,548 |
OTHER NON-CURRENT ASSETS | 5.6 | 205,993 | 205,993 | - |
TOTAL NON-CURRENT ASSETS | 92,176,362 | 91,107,178 | 1,069,184 | |
INVENTORIES | 5.7 | 41,263,976 | 33,776,700 | 7,478,276 |
CONTRACT ASSETS | 5.8 | 4,590,993 | 4,684,301 | (93,308) |
TRADE RECEIVABLES | 5.9 | 16,632,055 | 15,593,268 | 1,038,787 |
CURRENT LOANS AND RECEIVABLES – RELATED PARTIES | 5.10 | 1,327,482 | 2,365,163 | (1,037,681) |
TAX ASSETS | 5.11 | - | 509,741 | (509,741) |
OTHER CURRENT ASSETS | 5.12 | 3,722,446 | 4,121,819 | (399,373) |
CASH AND CASH EQUIVALENTS | 5.13 | 15,913,749 | 7,613,171 | 8,300,578 |
ASSETS CLASSIFIED AS HELD FOR SALE AND DIRECTLY ASSOCIATED LIABILITIES | 7 | - | - | - |
TOTAL CURRENT ASSETS | 83,450,701 | 68,664,163 | 14,786,538 | |
TOTAL ASSETS | 175,627,063 | 159,771,341 | 15,855,722 |
Statement of financial position (2/2)
(in Euros) | NOTE | 30/09/2020 | 30/09/2019 | DIFFERENCE |
---|---|---|---|---|
SHARE CAPITAL | 13,138,000 | 13,138,000 | - | |
SHARE PREMIUM RESERVE | 5,563,684 | 5,563,684 | - | |
OTHER RESERVES | 41,039,042 | 38,539,677 | 2,499,365 | |
PROFIT FOR THE YEAR | 4,815,999 | 2,483,207 | 2,332,792 | |
EQUITY | 64,556,725 | 59,724,568 | 4,832,157 | |
TOTAL EQUITY | 0 | 64,556,725 | 59,724,568 | 4,832,157 |
EMPLOYEE BENEFITS – POST-EMPLOYMENT BENEFITS | 5.15 | 1,065,194 | 1,125,414 | (60,220) |
PROVISIONS | 5.16 | 1,725,282 | 2,752,961 | (1,027,679) |
DEFERRED TAX LIABILITIES | 5.17 | 5,523,065 | 5,848,288 | (325,223) |
LOANS AND BORROWINGS NON-CURRENT LOANS AND BORROWINGS | 5.18 | 25,282,205 | 20,947,979 | 4,334,226 |
LOANS AND BORROWINGS | 5.18 | - | - | - |
OTHER NON-CURRENT LIABILITIES | 5.19 | 18,349,405 | 18,354,841 | (5,436) |
TOTAL NON-CURRENT LIABILITIES | 51,945,151 | 49,029,483 | 2,915,668 | |
ADVANCES FROM CUSTOMERS | 5.20 | 2,844,620 | 1,642,580 | 1,202,040 |
LOANS AND BORROWINGS | 5.18 | 14,712,661 | 11,311,680 | 3,400,981 |
LOANS AND BORROWINGS | 5.18 | - | - | - |
TRADE PAYABLES | 5.21 | 29,847,733 | 24,236,853 | 5,610,880 |
CURRENT FINANCIAL LIABILITIES – RELATED PARTIES | 5.22 | 4,643,293 | 5,000,087 | (356,794) |
TAX LIABILITIES | 5.23 | 786,215 | 1,685,005 | (898,790) |
OTHER CURRENT LIABILITIES | 5.24 | 4,966,910 | 5,250,983 | (284,073) |
CONTRACT LIABILITIES | 5.25 | 1,323,755 | 1,890,102 | (566,347) |
LIABILITIES DIRECTLY ASSOCIATED WITH ASSETS HELD FOR SALE | 7 | - | - | |
TOTAL CURRENT LIABILITIES | 59,125,187 | 51,017,290 | 8,107,897 | |
TOTAL LIABILITIES | 111,070,338 | 100,046,773 | 11,023,565 | |
TOTAL EQUITY AND LIABILITIES | 175,627,063 | 159,771,341 | 15,855,722 |
Statement of profit or loss and other comprehensive income
(in Euros) | NOTE | 2019/20 | 2018/19 |
---|---|---|---|
NET REVENUE | 6.1 | 96,790,609 | 93,357,936 |
REVENUE FROM CONTRACTS WITH CUSTOMERS | 6.2 | (93,308) | (342,492) |
NET REVENUE – RELATED PARTIES | 6.3 | 1,801,941 | 2,804,799 |
OTHER REVENUE AND INCOME | 6.4 | 245,172 | 407,591 |
OTHER REVENUE AND INCOME – RELATED PARTIES | 6.5 | 23,000 | 200,000 |
VARIATION IN FINISHED PRODUCTS, WORK IN PROGRESS AND SEMI-FINISHED PRODUCTS | 0 | 3,856,494 | 1,005,388 |
INCREASE IN INTERNAL WORK CAPITALISED | 6.7 | 3,384,040 | 5,123,550 |
RAW MATERIALS, CONSUMABLES AND SUPPLIES | 6.8 | (32,673,218) | (34,149,810) |
RAW MATERIALS, CONSUMABLES AND SUPPLIES – RELATED PARTIES | 6.9 | (2,141,035) | (2,161,592) |
SERVICES | 6.10 | (30,565,924) | (27,362,611) |
SERVICES – RELATED PARTIES | 6.11 | (3,732,756) | (3,836,662) |
USE OF THIRD PARTY ASSETS | 6.12 | (491,090) | (778,634) |
USE OF RELATED PARTY ASSETS | 6.13 | (155,000) | (1,533,793) |
PERSONNEL EXPENSE | 6.14 | (22,531,169) | (20,931,641) |
AMORTISATION, DEPRECIATION, ACCRUALS AND IMPAIRMENT LOSSES | 6.15 | (8,512,761) | (5,299,046) |
OTHER OPERATING COSTS | 6.16 | (722,085) | (752,809) |
OTHER OPERATING COSTS – RELATED PARTIES | - | - | - |
OPERATING PROFIT | 4,482,910 | 5,750,174 | |
FINANCIAL INCOME | 6.17 | 4,257,745 | 628,138 |
FINANCIAL INCOME – RELATED PARTIES | 6.17 | 4,596 | 13,220 |
FINANCIAL EXPENSE | 6.17 | (2,030,854) | (1,864,938) |
FINANCIAL EXPENSE – RELATED PARTIES | 6.17 | - | - |
PROFIT BEFORE TAX | 6,714,397 | 4,526,594 | |
INCOME TAXES | 6.18 | (1,898,398) | (2,043,387) |
PROFIT FOR THE YEAR | 4,815,999 | 2,483,207 | |
EARNINGS PER SHARE (BASIC AND DILUTED) | 6.19 | 0.36666 | 0.189 |
OTHER COMPREHENSIVE INCOME THAT WILL BE SUBSEQUENTLY RECLASSIFIED TO PROFIT OR LOSS | - | - | |
OTHER COMPREHENSIVE INCOME (EXPENSE) THAT WILL NOT BE SUBSEQUENTLY RECLASSIFIED TO PROFIT OR LOSS: | 16,158 | (87,173) | |
IAS 19 EFFECT RECOGNISED DIRECTLY IN EQUITY | 5.15 | 16,158 | (87,173) |
OTHER COMPREHENSIVE INCOME (EXPENSE), NET OF INCOME TAXES | 16,158 | (87,173) | |
TOTAL COMPREHENSIVE INCOME | 4,832,157 | 2,396,034 |
Statement of cash flows
(in Euros) | NOTE | 2019/20 | 2018/19 | ||
---|---|---|---|---|---|
A | OPENING NET CASH AND CASH EQUIVALENTS | 7.1 | 7,613,171 | 12,213,234 | |
PROFIT FOR THE YEAR | 4,815,999 | 2,483,207 | |||
INCOME TAXES | 6.18 | 1,898,398 | 2,043,387 | ||
AMORTISATION, DEPRECIATION AND IMPAIRMENT LOSSES | 6.15 | 8,512,761 | 5,299,046 | ||
FINANCIAL EXPENSE | 6.17 | 1,966,841 | 1,864,938 | ||
VARIATION IN NET WORKING CAPITAL | (1,601,078) | 4,634,906 | |||
NET VARIATION IN EMPLOYEE BENEFITS – POST-EMPLOYMENT BENEFITS | 5.15 | (44,062) | (114,733) | ||
NET VARIATION IN PROVISIONS | 5.16 | (39,515) | (246,038) | ||
B | GROSS CASH FLOWS FROM OPERATING ACTIVITIES | 15,509,344 | 15,964,713 | ||
CURRENT TAXES | 6.18 | (1,827,429) | (899,787) | ||
FINANCIAL EXPENSE PAID | 6.17 | (2,030,854) | (1,864,938) | ||
C | NET CASH FLOWS FROM OPERATING ACTIVITIES | 22,239,033 | 13,199,988 | ||
NET INVESTMENTS IN NON-CURRENT ASSETS | |||||
- INTANGIBLE ASSETS | 5.1 | (3,316,371) | (5,316,444) | ||
- PROPERTY, PLANT AND EQUIPMENT | 5.2 | (6,104,460) | (2,770,497) | ||
- FINANCIAL ASSETS | 5.3 | 357,487 | (357,487) | ||
- OTHER INVESTING ACTIVITIES | 5.5/5.6 | (21,548) | (21,723) | ||
- ASSETS/LIABILITIES HELD FOR SALE | 7 | - | - | ||
D | CASH FLOWS USED IN INVESTING ACTIVITIES | (9,084,892) | (8,446,151) | ||
VARIATION IN CURRENT LOANS AND BORROWINGS – new loans | 5.18 | 323,813 | 724,476 | ||
VARIATION IN CURRENT LOANS AND BORROWINGS – settlements | 5.18 | (11,311,680) | (16,401,453) | ||
VARIATION IN NON-CURRENT LOANS AND BORROWINGS – new loans | 5.18 | 18,360,014 | 10,619,370 | ||
VARIATION IN NON-CURRENT LOANS AND BORROWINGS – settlements | 5.18 | (800,672) | (3,635,983) | ||
LEASE PAYMENTS | (1,424,713) | - | |||
VARIATION IN OTHER NON-CURRENT LIABILITIES | 5.19 | 587,647 | (640,310) | ||
SHARE CAPITAL INCREASE | 0 | - | - | ||
IAS 19 EFFECT RECOGNISED DIRECTLY IN EQUITY | 5.15 | - | - | ||
E | CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES | 5,734,409 | (9,333,900) | ||
F | CASH FLOWS OF THE YEAR | 8,300,578 | (4,600,063) | ||
G | CLOSING NET CASH AND CASH EQUIVALENTS | 7.1 | 15,913,749 | 7,613,171 |
Statement of changes in equity
(in Euros) | SHARE CAPITAL | SHARE PREMIUM RESERVE | OTHER RESERVES | PROFIT FOR THE YEAR | EQUITY |
---|---|---|---|---|---|
EQUITY AT 30/09/2018 | 13,138,000 | 5,563,684 | 37,990,397 | 636,453 | 57,328,534 |
ALLOCATION OF PROFIT | - | - | 636,453 | (636,453) | - |
CAPITAL INJECTIONS | - | - | - | - | - |
IAS 19 AND IAS 39 EFFECT RECOGNISED IN EQUITY | - | - | (87,173) | - | (87,173) |
ROUNDING RESERVE | - | - | - | - | - |
PROFIT FOR THE YEAR | - | - | - | 2,483,207 | 2,483,207 |
EQUITY AT 30/09/2019 | 13,138,000 | 5,563,684 | 38,539,677 | 2,483,207 | 59,724,568 |
ALLOCATION OF PROFIT | - | - | 2,483,207 | (2,483,207) | - |
CAPITAL INJECTIONS | - | - | - | - | - |
IAS 19 AND IAS 39 EFFECT RECOGNISED IN EQUITY | - | - | 16,158 | - | 16,158 |
ROUNDING RESERVE | - | - | - | - | - |
PROFIT FOR THE YEAR | - | - | - | 4,815,999 | 4,815,999 |
EQUITY AT 30/09/2020 | 13,138,000 | 5,563,684 | 41,039,042 | 4,815,999 | 64,556,725 |