Inmosupa SOCIMI S A : Financial Statements 2020

INMOSUPA SOCIMI, S.A.

Annual Financial Statements and Management's Report for the year ended 31

December 2020

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INDEX

ANNUAL FINANCIAL STATEMENTS

• Balance sheet at 31 December 2020
• Income statement for the year ended at 31 December 2020
• Statement of changes in net worth for the year ended 31 December 2020
• Statement of cash flows for the year ended 31 December 2020
• Annual report for the year ended 31 December 2020

MANAGEMENT REPORT

• Management report for the financial year ended 31 December 2020
  FORMULATION OF THE ANNUAL FINANCIAL STATEMENTS AND MANAGEMENT REPORT

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INMOSUPA, SOCIMI, S.A.

Balance Sheet at 31 December 2020 (Expressed in euros)

	NET WORTH AND LIABILITIES		Notes		2020			2019
	NET WORTH				7.189.821,89			7.160.092,06
EQUITY		7.189.821,89		7.160.092,06
Capital	10.1	6.894.040,00		6.894.040,00
Issued Capital		6.894.040,00		6.894.040,00
Reserves	10.2	285.924,08		285.924,08
Legal and Statutory		12.060,68		12.060,68
Other Reserves		273.863,40		273.863,40
Prior years Income	10.2	(19.872,02)		--
Negative income of previous years		(19.872,02)		--
Annual Income	3	29.729,83		(19.872,02)
	NON CURRENT LIABILITIES				7.033.499,27			6.993.797,71
Long-term liabilities	11	3.028.511,27		3.528.797,71
	Amounts owed to credit institutions		2.977.571,27		3.491.867,71
Other financial liabilities		50.940,00		36.930,00
Long-term liabilities to group companies and
associates	11	4.004.988,00		3.465.000,00
	CURRENT LIABILITIES				867.450,68			836.286,23
Short-term liabilities	11	575.044,49		573.617,95
Amounts owed to credit institutions		515.172,56		507.907,95
Other financial liabilities		59.871,93		65.710,00
Short-term liabilities to group companies and	11	47.693,62		55.039,54
associates
Trade creditors and other payables		244.712,57		207.628,74
Sundry Creditorspersonal	11	214.312,96		164.951,04
	Staff (remuneration payable)	11	--		192,93
Other payables to public authorities	12	28.403,14		40.522,77
Advances from customers		1.996,47	1.962,00
	TOTAL NET WORTH AND LIABILITIES				15.090.771,84			14.990.176,00

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INMOSUPA, SOCIMI, S.A.

Income statement for the year ended at 31 December 2020 (Expressed in euros)

	Notes	2020	2019
CONTINUING OPERATIONS
Business Net Turnover	13.1	671.695,09	662.933,02
Sales		671.695,09	662.933,02
Staff Expenses	13.2	(26.489,49)	(28.645,92)
Wages and salaries		(19.926,05)	(21.442,48)
Social security charges		(6.563,44)	(7.203,44)
Other operating expenses		(378.589,75)	(429.776,67)
External services	13.3	(252.707,19)	(293.155,27)
Taxes		(120.324,56)	(135.735,40)
Losses, impairment losses and changes in provisions for commercial		(5.558,00)	(886,00)
operations
Depreciation of fixed assets	5, 6 y 7	(82.261,54)	(76.697,29)
Other income/expenses		(8.557,10)	(9.603,85)
Exceptional expenses		(13.171,31)	(11.057,56)
Exceptional income		4.614,21	1.453,71
OPERATING INCOME		175.797,21	118.209,29
Financial income	13.4	4.931,52	16.959,86
From holdings in equity instruments		4.487,67	16.959,86
In group and associated companies		4.487,67	16.959,86
From marketable securities and other financial instruments		443,85	--
From third parties		443,85	--
Financial expenses	13.5	(150.998,90)	(155.041,17)
Debts to group and associated companies		(101.231,06)	(119.958,95)
Debts to third parties		(49.767,84)	(35.082,22)
FINANCIAL PROFIT		(146.067,38)	(138.081,31)
PROFIT BEFORE TAX		29.729,83	(19.872,02)
Income Tax	12.1	--	--
Annual Earnings	3	29.729,83	(19.872,02)
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INMOSUPA, SOCIMI, S.A.

Statement of changes in Net Worth for the year ended at 31 December 2020 (Expressed in euros)

A) Statement of recognised income and expenses for the year ended at 31 December 2020

			Notes		2020		2019
	Income statement result		3		29.729,83		(19.872,02)
Income and expenses recognised directly in Net Worth
Grants, donations and legacies received		--	--
Tax effect		--	--
	Total income and expense recognised directly in Net Worth				--		--
Transfers to the profit and loss account
Grants, donations and bequests received		--	--
Tax effect		--	--
	Total transfers to income statement				--		--
	TOTAL RECOGNISED INCOME AND EXPENSE				29.729,83		(19.872,02)

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