International Hotel Investments plc – Approval of Financial Statements

International Hotel Investments plc approved the financial statements for the year ended December 31, 2020.

 

Statement of profit or loss

Revenue

20192020
€268.3 million€91.9 million

Profit/loss before tax

20192020
€13.9 millon-€90.4 million

Earnings per share

20192020
€0.011-€0.100

Statement of financial position

Total assets

20192020
€1.69 billion€1.5 billion

Total liabilities 

20192020
€790 million€771 million

Dividends

No dividends were declared for the financial year ended 31 December 2020

Outlook

The Directors have reviewed the Company’s and the Group’s operational and cash flow forecasts. Based on this review, after making enquiries, and in the light of the current financial position, the existing banking facilities and other funding arrangements, the Directors confirm, that they have a reasonable expectation that the Company and the Group have adequate resources to continue in operational existence for the foreseeable future.

Click here to download the full financial statement.