OREANDA-NEWS. March 01, 2011. As at the end of fourth quarter 2010, AS Trigon Property Development owned one property development project involving 36-hectare land plot in the City of Parnu, Niidu area. Trigon Property Development AS considers expansion of business activity and analyses acquisition opportunities for different new projects.

Condensed consolidated statement of financial position as of 31.12.2010 and 31.12.2009 delivered by the present announcement completely reflects the assets, liabilities and equity capital of AS Trigon Property Development.

According to the condensed consolidated statement of comprehensive income the net loss for 12 months 2010 of AS Trigon Property Development is 393 thousand EEK/25 thousand EUR and the earnings per share is –0.09 EEK/-0.01 EUR.

As of 31.12.2010 the consolidated assets of AS Trigon Property Development were 65 335 thousand EEK/4 176 thousand EUR. The consolidated equity of the company was 61 124 thousand EEK/3 906 thousand EUR, corresponding to 93.55 % of the total balance sheet.