IRF European Fin Investments Ltd Half Yearly Report (5342N)
01 Ottobre 2012 - 8:00AM
UK Regulatory
TIDMIRF
RNS Number : 5342N
IRF European Fin Investments Ltd
01 October 2012
IRF European Finance Investments Ltd
1 October 2012
IRF European Finance Investments Ltd
("IRF" or the "Company")
Six Months 2012 Results
IRF European Finance Investments Ltd (SFM: IRF) announces its
financial results for the six months ended 30 June 2012 and three
months ended 31 March 2012.
Financial Highlights
Amounts in EUR 000 Six months ended Six months ended
30 June 2012 30 June 2011
------------------------------------ ----------------- -----------------
Income Statement items:
------------------------------------ ----------------- -----------------
(Loss)/ Operating Income 1,057 2,486
------------------------------------ ----------------- -----------------
(Loss)/Profit Before Income Tax (5,845) (19,349)
------------------------------------ ----------------- -----------------
Income Tax Expense - -
------------------------------------ ----------------- -----------------
(Loss)/Profit after Tax (5,845) (19,348)
------------------------------------ ----------------- -----------------
Other Comprehensive Income, net
of tax (17,792) (18)
------------------------------------ ----------------- -----------------
(Loss)/ Total Comprehensive Income
after tax (23,636) (19,365)
------------------------------------ ----------------- -----------------
Basic Earnings (loss) per Share
(in euro/share) (0.04) (0.14)
------------------------------------ ----------------- -----------------
Balance Sheet Items: 30 June 2012 31 December 2011
------------------------------------ ----------------- -----------------
Cash and Cash Equivalents 1,291 4,600
------------------------------------ ----------------- -----------------
Total Assets 117,262 141,558
------------------------------------ ----------------- -----------------
Total Liabilities 177,439 178,098
------------------------------------ ----------------- -----------------
Total Equity (60,177) (36,540)
------------------------------------ ----------------- -----------------
Amounts in EUR 000 Three months Three months ended
ended 31 March 31 March 2011
2012
------------------------------------ ---------------- -------------------
Income Statement items:
------------------------------------ ---------------- -------------------
(Loss)/ Operating Income 108 880
------------------------------------ ---------------- -------------------
(Loss)/Profit Before Income Tax (2,675) (5,208)
------------------------------------ ---------------- -------------------
Income Tax Expense - -
------------------------------------ ---------------- -------------------
(Loss)/Profit after Tax (2,675) (5,208)
------------------------------------ ---------------- -------------------
Other Comprehensive Income, net
of tax (11,454) 8,262
------------------------------------ ---------------- -------------------
(Loss)/ Total Comprehensive Income
after tax (14,129) 3,054
------------------------------------ ---------------- -------------------
Basic Earnings (loss) per Share
(in euro/share) (0.02) (0.04)
------------------------------------ ---------------- -------------------
Balance Sheet Items: 31 March 2012 31 December 2011
------------------------------------ ---------------- -------------------
Cash and Cash Equivalents 3,371 4,600
------------------------------------ ---------------- -------------------
Total Assets 125,510 141,558
------------------------------------ ---------------- -------------------
Total Liabilities 176,180 178,098
------------------------------------ ---------------- -------------------
Total Equity (50,670) (36,540)
------------------------------------ ---------------- -------------------
For further information, please contact:
IRF European Finance Investments Ltd
Angeliki Frangou, Chairperson Tel: +30 210 428 0560
Sheldon M. Goldman Tel: +1 212 404 5740
About IRF
IRF's principal investment strategy is to seek investment
opportunities in global financial institutions, with a
complementary focus on investments in distressed opportunities in
other industries. The Company was initially listed on AIM until 19
January 2009 when it transferred to the SFM (Specialist Fund
Market), both markets operated by the London Stock Exchange plc.
The Company's registered office is at Canon's Court 22 Victoria
Street, Hamilton HM12, Bermuda.
Forward-looking statements
All statements, other than statements of historical fact,
included in this release are forward looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These statements are based upon current expectations and are
subject to a number of risks, uncertainties and assumptions that
could cause actual results to differ materially from those
described in the forward-looking statements. IRF assumes no
obligation and expressly disclaims any duty to update the
information contained herein except as required by law.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IR UGGGUUUPPUGG
Grafico Azioni Irf European Finance Inv... (LSE:IRF)
Storico
Da Apr 2024 a Mag 2024
Grafico Azioni Irf European Finance Inv... (LSE:IRF)
Storico
Da Mag 2023 a Mag 2024
