Enjoy S A : Financial Statements Enjoy S.A. June 2021

CONSOLIDATED FINANCIAL STATEMENTS

JUNE 2021

ENJOY S.A.

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

AT JUNE 30, 2021 AND DECEMBER 31,2020

EXPRESSED IN THOUSANDS OF CHILEAN PESOS (THCH$)

Assets	06-30-2021	12-31-2020
	ThCh$	ThCh$
Current assets
Cash and cash equivalents	59,515,941	68,352,537
Other financial assets, current	2,352,252	759,310
Trade debtors and other accounts receivable, current	18,096,185	20,606,141
Accounts receivable from related parties, current	884,704	868,723
Inventories	3,150,281	3,321,514
Current tax assets	5,216,222	5,689,293
Current assets other than assets or groups of assets for	89,215,585	99,597,518
their disposition classified as held for sale or as held for
distribute to the owners
Non-current assets or groups of assets for disposal classified	1,022,317	-
as held for sale or held as distributable to owners
Total -current assets	90,237,902	99,597,518
Non-current assets
Other financial assets, non-current	-	14,642
Other assets, non-current	314,690	322,243
Trade debtors and other accounts receivable, no current	312,787	691,174
Investments in associates	2,029,239	1,502,420
Intangible assets other than goodwill	36,877,336	42,017,181
Goodwill	1,303,379	4,091,122
Property, plant and equipment, net	322,710,142	315,011,699
Assets for rights of use	40,205,910	42,635,932
Deferred tax assets	50,069,697	47,083,047
Total non-current assets	453,823,180	454,006,599
Total assets	544,061,082	553,604,117

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

AT JUNE 30, 2021 AND DECEMBER 31,2020

EXPRESSED IN THOUSANDS OF CHILEAN PESOS (THCH$)

Equity and liabilities	06-30-2021	12-31-2020
	ThCh$	ThCh$
Current Liabilities
Other current financial liabilities	5,427,966	12,605,075
Liabilities for leases, current	8,988,349	9,798,969
Trade payables and other payables	45,447,440	59,604,208
Accounts payable to related parties, current	1,793,902	3,050,094
Current tax liability	4,470,753	4,106,525
Current provisions for employee benefits	1,162,544	538,520
Other current liabilities	9,538,166	9,283,294
Total Current liabilities other than liabilities included in
groups of assets for your disposal classified as maintained	76,829,120	98,986,685
for sale
Liabilities included in groups of assets for their disposal	1,328,646	-
classified as for sale
Total non-current liabilities	78,157,766	98,986,685
Non-current liabilities
Other financial liabilities, non-current	180,793,098	373,730,174
Liabilities for leases, no current	22,758,920	26,358,826
Trade payables and other payables	9,194,169	2,034,493
Deferred tax liabilities	38,436,871	37,727,663
Non Current provisions for employee benefits	27,502	27,502
Other current liabilities, non-current	552,350	446,292
Total non-current liabilities	251,762,910	440,324,950
Total liabilities	329,920,676	539,311,635
Equity
Issued capital	382,186,077	228,040,517
Retained earnings	(251,988,863)	(204,559,442)
Share premium	99,202,779	5,465,901
Accumulated other comprehensive income	(12,061,074)	(13,347,625)
Equity attributable to owners of the parent	217,338,919	15,599,351
Non-controlling interests	(3,198,513)	(1,306,869)
Equity	214,140,406	14,292,482
Equity and liabilities	544,061,082	553,604,117

STATEMENTS OF INCOME AND STATEMENTS OF COMPREHENSIVE INCOME

FOR THE PERIOD ENDED JUNE 30, 2021 AND 2020

EXPRESSED IN THOUSANDS OF CHILEAN PESOS (THCH$) EXCEPT EARNINGS PER SHARE PRESENTED IN PESOS

	Income Statements	06-30-2021	06-30-2020
		ThCh$	ThCh$
	Revenue	24,117,555	82,347,961
	Cost of sales	(45,922,191)	(79,139,690)
	Gross margin	(21,804,636)	3,208,271
	Administrative expenses	(10,130,817)	(18,010,686)
	Other expenses	-	(1,482,149)
	Other gains (losses)	(717,541)	(82,170,526)
	Operating Margin	(32,652,994)	(98,455,090)
	Finance income	60,030	288,909
	Finance costs	(16,113,660)	(15,014,782)
	Share of profit (loss) of associates	240,310	(253,591)
	Foreign exchange gain/loss	(621,085)	(2,251,752)
	Indexation for designated assets/liabilities for inflation	(2,381,773)	(2,117,576)
	Income before tax	(51,469,172)	(117,803,882)
	Income tax (expense) benefit	2,183,638	20,849,743
	Net Income derived from continuous operations	(49,285,534)	(96,954,139)
	Discontinued operations	(35,531)	(49,727)
	Net Income	(49,321,065)	(97,003,866)
	Net Income, attributable to:
	Net Income, attributable to owners of parent	(47,429,421)	(92,257,890)
	Net Income, attributable to non-controlling interests	(1,891,644)	(4,745,976)
	Net Income	(49,321,065)	(97,003,866)
	Earnings per share (basic and diluted)	(3.57)	(19.65)
	Statement of Comprehensive Income	06-30-2021	06-30-2020
		ThCh$	ThCh$
	Net Income	(49,321,065)	(97,003,866)
	Items that may be reclassified subsequently to profit or loss:
	Gain (loss) due to translation differences in subsidiaries	1,286,551	7,143,775
	Total gain (loss) due to translation differences, before taxes	1,286,551	7,143,775
	Other comprehensive income, , before taxes	1,286,551	7,143,775
	Other comprehensive income for the year, net of income tax	1,286,551	7,143,775
	Comprehensive income	(48,034,514)	(89,860,091)
	Comprehensive income attributable to
	Comprehensive income attributable to owners of the company	(46,142,870)	(85,114,115)
	Comprehensive income attributable to non-controlling interests	(1,891,644)	(4,745,976)
	Comprehensive income	(48,034,514)	(89,860,091)

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE PERIOD ENDED JUNE 30, 2021 AND 2020

STATED IN THOUSANDS OF CHILEAN PESOS (THCH$)

Cash flow statements	06-30-2021	06-30-2020
ThCh$	ThCh$
Cash flows from (used in) operating activities
Collection from operating activities
Receipts from the sale of goods and services	28,699,890	97,994,074
Payments
Payments to suppliers for goods and services	(29,970,069)	(32,277,965)
Payments to and account of employees	(16,788,792)	(30,785,526)
Other payments for operating activities	(9,117,706)	(29,817,194)
Paid (reimbursed) income tax	(609,466)	2,743,219
Cash flows from (used in) operating activities	(27,786,143)	7,856,608
Cash flows from (used in) investing activities
Sale of property, plant and equipment	-	-
Cash acquired in the acquisition of subsidiary	-	-
Purchase of property, plant and equipment	(3,108,496)	(6,247,026)
Purchase of Intangible assets	(747,074)	(2,060,309)
Interest received	60,030	288,909
Other cash inflows (outflows), from investing activities	-	-
Cash flows from (used in) investing activities	(3,795,540)	(8,018,426)
Cash flows from (used in) financing activities
Proceeds from issuance of shares	13,108,428	-
Proceeds from the issuance of other equity instruments	15,329,615	-
Proceeds from short - term loans received	221,723	2,002,722
Repayments of loans received	(2,635,487)	(10,441,573)
Payments of liabilities by lease	(3,168,620)	(4,712,495)
Interest paid	(242,363)	(3,912,563)
Other cash inflows (outflows)	(79,482)	-
Cash flows derived from (used in) financing activities	22,533,814	(17,063,909)
Increase (decrease) in cash and cash equivalents	(9,047,869)	(17,225,727)
Effects of exchange rate changes on the balance of cash held in foreign currencies
Effects of exchange rate changes on the balance of cash held in foreign currencies	211,273	487,578
Net increase (decrease) of cash and cash equivalents	(8,836,596)	(16,738,149)
Cash and cash equivalents at the beginning of the year	68,352,537	67,320,744
Cash and cash equivalents at the end of the year	59,515,941	50,582,595