Statement of source and application of funds for the year then ended
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| 2021 | 2020 | |
|---|---|---|
| Profit/(loss) for the year | 13,770,593.50 | 9,456,433.62 |
| 1. Inter-port compensation fund received (-) | (253,000.00) | (268,000.00) |
| 2. Inter-port compensation fund provided (+) | 1,303,000.00 | 1,349,000.00 |
| 3. Amortisation/depreciation of intangible and tangible assets and property investments (+) (P&L) | 15,492,498.95 | 15,228,063.33 |
| 4. Valuation adjustments for impairment of non-current assets (+/-) (Tables 1, 2.4, 3, 4 and 5) | - | - |
| 5. Allocation/Excess of provisions for risks and expenses (+/-) (Table 7a) | - | - |
| 6. Results from disposals of assets (+/-) (P&L) | (1,843.53) | 236.85 |
| 7. Reclassification to intangible and tangible assets and property investments. (+/-) (Tables 1, 2, 2.4 and 3) | 20,872.62 | 160,092.69 |
| 8. Allocation to profit and loss of grants, donations and bequests (Table 6) (-) | (6,006,644.64) | (6,001,482.74) |
| 9. Allocation to profit and loss of advances received for long-term sales or services provided (Table 8) (-) | - | - |
| 10. Incorporation of financial expenses to assets (Tables 1 and 2.1) (-) | - | - |
| 11. Change in fair value of financial instruments (+/-) (Tables 4a, 4b and 8) | - | - |
| 12. Income and expenditure from financial updates (+/-) (Tables 4a, 4b, 5 and 8) | - | - |
| 13. Income from OPPE for payment of principal and interest on tariff disputes (Table 13) | (854,460.57) | - |
| 14. Other adjustments (+/-) | - | - |
| Resources from operations | 23,471,016.33 | 19,924,343.75 |
| 2021 | 2020 | |
|---|---|---|
| 1. Resources from operations | 23,471,016.33 | 19,924,343.75 |
| 2. Increases in equity | - | - |
| 3. Inter-port compensation fund received | 253,000.00 | 268,000.00 |
| 4. Subsidies, donations and bequests received | 479,858.87 | 364,090.32 |
| a) Grants, donations and bequests of capital | 249,314.00 | 250,394.39 |
| b) Other grants, donations and bequests | 0.15 | - |
| c) Income from the reversal of grants | 230,544.72 | 113,695.93 |
| 5. Additions of non-current liabilities | 294,793.57 | 6,229,730.02 |
| a) Long-term debts with credit institutions | - | - |
| b) Long-term debts with asset suppliers | 294,793.57 | 6,229,730.02 |
| c) Long-term debts with group and associated companies and others | - | - |
| d) Long-term debts due to loans received from the FFATP | - | - |
| e) Advances received for sales or the provision of services | - | - |
| 6. Derecognition of non-current assets | 17,553,357.38 | 20,146,678.99 |
| a) Disposal of tangible and intangible assets | 2,955.50 | 302.20 |
| b) Disposal of property investments | - | - |
| c) Disposal of equity instruments | - | - |
| d) Disposal of non-current assets held for sale | - | - |
| e) Cancellation or transfer to short-term of long-term grants receivable | - | - |
| f) Cancellation or transfer to short-term of other long-term financial investments to FFATP | 507,529.41 | - |
| g) Cancellation or transfer to short-term of other long-term financial investments | 17,042,872.47 | 20,146,376.79 |
| h) Transfer of assets to other public bodies | - | - |
| 7. Other sources | 1,098,460.57 | - |
| TOTAL SOURCES | 43,150,486.72 | 46,932,843.08 |
| 2021 | 2020 | |
|---|---|---|
| 1. Additions of non-current assets | 63,188,024.98 | 59,798,411.80 |
| a) Acquisitions of tangible and intangible assets and property investments | 28,986,443.02 | 41,205,728.34 |
| a.1) Intangible assets | 1,222.31 | 122,485.12 |
| a.2) Tangible assets | 28,985,220.71 | 41,083,243.22 |
| a.3) Property investments | - | - |
| b) Acquisitions of financial assets | 33,971,037.24 | 18,478,987.53 |
| b.1) Investments in equity instruments | - | - |
| b.2) Long-term official grants receivable | - | - |
| b.3) Long-term loans granted to the Accessibility Fund | 485,000.00 | 383,000.00 |
| b.4) Other financial investments | 33,486,037.24 | 18,095,987.53 |
| c) Assets for reversed grants, donations and bequests | 230,544.72 | 113,695.93 |
| d) Transfer of assets from other public bodies | - | - |
| 2. Reductions of equity | - | - |
| 3. Inter-port compensation fund provided | 1,303,000.00 | 1,349,000.00 |
| 4. Derecognition of non-current liabilities | 101,713.19 | 198,957.36 |
| a) Cancellation or transfer to short-term of debts with credit institutions | - | - |
| b) Cancellation or transfer to short-term of debts with asset suppliers | 101,713.19 | 198,957.36 |
| c) Cancellation or transfer to short-term of debts with group and associated companies and others | - | - |
| d) Cancellation or transfer to short-term of long-term timing differences | - | - |
| e) Application and transfer to short-term of long-term provisions | - | - |
| 5. Other applications | 244,000.15 | - |
| TOTAL APPLICATIONS | 64,836,738.32 | 61,346,369.16 |
| CHANGE IN WORKING CAPITAL | (21,686,251.60) | (14,413,526.08) |
| Working capital at start of year | 133,057,564.04 | 147,471,090.12 |
| Change in working capital | (21,686,251.60) | (14,413,526.08) |
| Working capital at end of year | 111,371,312.44 | 133,057,564.04 |
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