Barcino Property SOCIMI S A : Financial Statements 06/30/2022

FREE TRANSLATION - IN CASE OF DISCREPANCY, THE SPANISH VERSION PREVAILS

Barcelona, 28 October 2022

In accordance with the provisions of article 17 of Regulation (EU) No. 596/2014 on market abuse and article 228 of the consolidated text of the Securities Market Law, approved by Royal Legislative Decree 4/2015, of 23 October, and related provisions, as well as Circular 3/2020 of the BME Growth de BME MTF Equity segment, Barcino Property SOCIMI, S.A. (hereinafter, the "Company" or "Barcino") informs of the following:

OTHER RELEVANT INFORMATION

• Limited Review Report corresponding to the Individual Interim Financial statements for the six-month period ending 30 June 2022.
• Individual Interim Financial Statements for the six-month period ending 30 June 2022.

The above documentation is also available to the market on the Company's website (www.barcinoproperty.com)

In accordance with the provisions of Circular 3/2020, it is stated that the information communicated hereby has been prepared under the exclusive responsibility of the Company and its directors.

Sincerely,

BARCINO PROPERTY SOCIMI, S.A.

Free translation - In case of discrepancy, the Spanish version prevails

Barcino Property SOCIMI S.A.

Interim financial statements

for the six-month period ended

30 June 2022

Free translation - In case of discrepancy, the Spanish version prevails

			BARCINO PROPERTY SOCIMI, S.A.
			BALANCE SHEET AT 30 JUNE 2022
				(in euros)
ASSETS	Note	30/06/2022	31/12/2021	EQUITY AND LIABILITIES	Note	30/06/2022	31/12/2021
1 A) NON-CURRENT ASSETS		36,220,090.40	35,380,499.59	1 A) EQUITY		24,091,896.93	24,522,030.74
1.1	I. Intangible fixed assets	Note 4	2,204.46	629.79	1.1 A-1) Shareholders' equity	Note 8	24,091,896.93	24,522,030.74
	1.1.3 3.Patents, licences, trademarks and similar items		607.48	629.79	1.1.1 I. Share capital		24,524,110.00	24,524,110.00
	1.1.3 5. Computer software		1,596.98	0.00	1.1.1.1. Registered capital		24,524,110.00	24,524,110.00
1.2	II. Property, plant and equipment	Note 4	1,340.94	387.47	1.1.2 II. Share premium		6,347,632.78	6,347,632.78
	1.2.2 2. Property, plant and equipment		1,340.94	387.47	1.1.3 III. Reserves		85,479.32	7,213.37
					1.1.3.2. Legal reserve		78,265.95	0.00
1.3	III. Investment property	Note 4	36,136,644.15	35,295,245.06	1.1.3.2 2. Other reserves		7,213.37	7,213.37
	1.3.1 1. Land		22,219,012.09	22,219,012.09	1.1.4 IV. Treasury shares		(82,473.66)	(82,473.66)
	1.3.2 2. Buildings		12,027,362.80	12,295,431.81	1.1. 5 V. Loss from previous years		(6,352,719.28)	(7,057,112.84)
	1.3.3 3. Property, plant and equipment in the course of construction and advances		1,890,269.26	780,801.16	1.1.5.2 2. Prior years' losses		(6,352,719.28)	(7,057,112.84)
					1.1.6 VI. Other capital contributions		1.58	1.58
1.5	IV. Non-current financial assets	Note 7	79,900.85	84,237.27	1.1.7 VII. Profit/(loss) for the year		(430,133.81)	782,659.51
	1.5.5 5. Other financial assets		79,900.85	84,237.27	2 B) NON-CURRENT LIABILITIES		12,947,123.85	13,317,180.44
					2.2 II. Non-current payables		12,947,123.85	13,317,180.44
2 B) CURRENT ASSETS		2,825,628.73	4,208,150.26	2.2.2 2. Bank borrowings	Notes 9 and 10	12,308,683.31	12,430,418.25
2.3	III. Trade and other receivables	Note 7	405,755.41	329,519.80	2.2.5 5. Other financial liabilities	Notes 9 and 10	638,440.54	886,762.19
	2.3.1 1. Trade receivables for sales and services		29,692.73	31,889.03	3 C) CURRENT LIABILITIES		2,006,698.35	1,749,438.67
	2.3.3 3. Sundry receivables		137,979.18	57,858.55	3.3 III. Current payables		1,440,826.21	1,324,764.01
	2.3.5 5. Current tax assets	Note 11	12,947.84	29.36	3.3.2 2. Bank borrowings	Notes 9 and 10	1,343,633.21	1,200,064.31
	2.3.6 6. Other accounts receivable from public authorities	Note 11	225,135.66	239,742.86	3.3.5 5. Other financial liabilities	Notes 9 and 10	97,193.00	124,699.70
2.5	V. Non-current financial assets	Note 7	394,039.13	311,025.12	3.5 V. Trade and other payables		565,872.14	424,674.66
	2.5.5 5. Other financial assets		394,039.13	311,025.12	3.5.3 3. Sundry accounts payable	Notes 9 and 10	534,900.91	314,449.44
2.6	VI. Current prepayments and accrued income		979.72	12,969.54	3.5.4 4. Remuneration payable	Notes 9 and 10	0.00	3,229.88
2.7	VII. Cash and cash equivalents		2,024,854.47	3,554,635.80	3.5.6 6. Other accounts payable to public authorities	Note 11	21,789.94	100,148.82
	2.7.1 1. Cash		2,024,854.47	3,554,635.80	3.5.7 7. Customer advances	Note 10	9,181.29	6,846.52
	TOTAL ASSETS		39,045,719.13	39,588,649.85	TOTAL EQUITY AND LIABILITIES		39,045,719.13	39,588,649.85
			The accompanying Notes 1 to 16 are an integral part of the balance sheet at 30 June 2022.

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Free translation - In case of discrepancy, the Spanish version prevails

	BARCINO PROPERTY SOCIMI, S.A.
	STATEMENT OF PROFIT OR LOSS FOR THE SIX-MONTH PERIOD ENDED 30 JUNE 2022
	(in euros)
STATEMENT OF PROFIT OR LOSS	Note	30/06/2022	30/06/2021
1.	Revenue		915,970.95	783,364.17
	Real estate leases	Note 12.1	915,970.95	783,364.17
5.	Other operating income		12,917.58	9,621.61
	Other operating income		12,917.58	9,621.61
6.	Staff costs		(76,146.96)	(56,140.98)
	a) Wages, salaries and similar expenses		(60,379.98)	(44,927.84)
	b) Employee benefit costs	Note 12.2	(15,766.98)	(11,213.14)
7.	Other operating expenses		(812,732.75)	(876,944.57)
	a) Outside services	Note 12.3	(765,038.72)	(825,973.58)
	b) Taxes	Note 12.3	(34,950.71)	(40,413.32)
	c) Losses, impairment and changes in trade provisions		(5,879.38)	(4,530.42)
	d) Other current operating expenses		(6,863.94)	(6,027.25)
8.	Depreciation and amortisation charge	Note 4	(320,259.35)	(345,469.66)
12. Other income and expenses		0.00	(8.07)
LOSS FROM OPERATIONS		(280,250.53)	(485,577.50)
13. Finance income		5.67	24.99
	From marketable securities and other financial instruments		5.67	24.99
	From third parties		5.67	24.99
14. Finance costs		(149,888.95)	(286,578.10)
	On debts with third parties		(149,888.95)	(286,578.10)

FINANCIAL LOSS
LOSS BEFORE TAX
Income tax	Note 11
LOSS FROM CONTINUING OPERATIONS
LOSS FOR THE YEAR

(149,883.28)	(286,553.11)
(430,133.81)	(772,130.61)
0.00	0.00
(430,133.81)	(772,130.61)
(430,133.81)	(772,130.61)

The accompanying Notes 1 to 16 are an integral part of the statement of profit or loss for the six-month period ended 30 June 2022.

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Free translation - In case of discrepancy, the Spanish version prevails

BARCINO PROPERTY SOCIMI, S.A.

STATEMENT OF CHANGES IN EQUITY

1. STATEMENT OF RECOGNISED INCOME AND EXPENSE FOR THE SIX-MONTH PERIOD ENDED 30 JUNE 2022
   (in euros)

	30/06/2022	30/06/2021
PROFIT/(LOSS) AS PER STATEMENT OF PROFIT OR LOSS (I)	(430,133.81)	(772,130.61)
TOTAL INCOME AND EXPENSE RECOGNISED DIRECTLY IN EQUITY (II)	0	0
TOTAL TRANSFERS TO STATEMENT OF PROFIT OR LOSS (III)	0	0
TOTAL RECOGNISED INCOME AND EXPENSE (I+II+III)	(430,133.81)	(772,130.61)
The accompanying Notes 1 to 16 are an integral part of the statement of recognised income and expense for the six-month period ended 30 June 2022.

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