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Arco Vara AS’s audited consolidated annual report 2013

The group’s revenue for 2013 from continuing operations was 10.7 million euros, declined by 2% compared to previous year. Revenue of Development division declined by 0.5 million euros (-6%) and revenue of Service division increased by 0.3 million euros (+13%) compared to previous year. The group ended the year 2013 with net profit of 3.4 million euros. Net loss for 2012 was 18 million euros.

In audited accounts construction asdiscontinued operation.

The audited annual report for 2013 is available on the website of the NASDAQ OMX Tallinn Stock Exchange and on that of Arco Vara athttp://www.arcorealestate.com.

 

Marko Err
CFO
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AVG AA 2013 ENGLISH_f.pdf