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For the six months ended 30 June 2015, Global City Holdings NV revenues decreased 89% to EUR6.2M. Net income increased 22% to EUR17M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income benefited from Cinemas Business segment income increase of 84% to EUR56.1M. Basic Earnings per Share excluding Extraordinary Items increased from EUR0.28 to EUR0.35.
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Total Revenue | 6.2 | 6.1 | 56.4 | 85.57 |
Gross Profit | 4 | 4.2 | 14.3 | 17.85 |
Operating Income | 14.2 | 16.1 | 12.4 | 13.78 |
Net Income | 17 | 4.5 | 13.9 | 5.07 |
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Total Assets | 746.3 | 647.5 | 650.2 | 544.5 |
Total Liabilities | 60.8 | 7.7 | 9 | 269.7 |
Total Equity | 685.5 | 639.8 | 641.2 | 274.8 |
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | 15 | 25.4 | 12.5 | 58.7 |
Cash From Investing Activities | -9.7 | 268.4 | -6.1 | -33.8 |
Cash From Financing Activities | 41.4 | -239.4 | 67.7 | -16.9 |
Net Change in Cash | 46.4 | 57.9 | 76.5 | 7.7 |
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