City Service : Consolidated interim financial statements for the six months period ended 30 September, 2022

CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE NINE MONTHS PERIOD ENDED 30 SEPTEMBER, 2022 (UNAUDITED)

Consolidated interim financial statements for the nine months period ended 30 September, 2022 (unaudited), thousand euros

City Service SE

CONSOLIDATED INTERIM FINANCIAL STATEMENTS

FOR THE NINE MONTHS PERIOD ENDED 30 SEPTEMBER, 2022 (UNAUDITED)

Beginning of the reporting period	1 January 2022
End of the reporting period	30 September 2022
Business name	City Service SE
Registration number	12827710
Legal address	Narva mnt. 5, 10117 Tallinn, the Republic of Estonia
Telephone	[phone]
Fax	[phone]
E-mail	[e-mail]
Website	http://www.cityservice.eu
Auditor	Ernst & Young Baltic AS

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Consolidated interim financial statements for the nine months period ended 30 September, 2022 (unaudited), thousand euros

CONTENTS
DECLARATION OF THE MANAGEMENT .....................................................................................................................	4
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. . COMPANY'S SUPERVISORY BOARD ..........................................................................................................	16
1. . COMPANY'S MANAGEMENT BOARD........................................................................................................	17
1.7. ACTIVITY AND SEGMENT INFORMATION .................................................................................................	19
ACCOUNTING POLICIES............................................................................................................................................	21
GOODWILL ...............................................................................................................................................................	21
SIGNIFICANT EVENTS ...............................................................................................................................................	24
OTHER INTANGIBLE ASSETS.....................................................................................................................................	27
PROPERTY, PLANT AND EQUIPMENT ......................................................................................................................	28
DISCONTINUED OPERATIONS ..................................................................................................................................	29
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

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Consolidated interim financial statements for the nine months period ended

30 September, 2022 (unaudited), thousand euros

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

			Notes	As of 30	As of 31
			September 2022	December 2021
	Assets
	NON-CURRENT ASSETS
Goodwill	3	9,136	10,580
Other intangible assets	5	20,462	21,089
Property, plant and equipment	6	3,556	4,520
Right of use assets	8	3,805	5,825
Non-current receivables	9	8,139	6,056
Non-current receivables from related parties			26	-
Deferred income tax asset			2,253	2,464
Total non-current assets			47,377	50,534
CURRENT ASSETS
Inventories			2,454	1,430
Prepayments			2,148	1,716
Trade receivables	9	21,499	28,722
Receivables from related parties	16	1,095	545
Contract assets			1,158	2,128
Other receivables and current assets			3,521	5,326
Cash and cash equivalents			3,696	6,172
Total current assets			35,571	46,039
	Total assets			82,948	96,573

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