Free Translation Financial Statements 30/06/2021

FREE TRANSLATION - IN CASE OF DISCREPANCY, THE SPANISH VERSION PREVAILS

Barcelona, 29 October 2021

In accordance with the provisions of article 17 of Regulation (EU) No. 596/2014 on market abuse and article 228 of the consolidated text of the Securities Market Law, approved by Royal Legislative Decree 4/2015, of 23 October, and related provisions, as well as Circular 3/2020 of the BME Growth de BME MTF Equity segment, Barcino Property SOCIMI, S.A. (hereinafter, the "Company" or "Barcino") informs of the following:

• Limited Review Report corresponding to the Individual Interim Financial statements for the six-month period ending 30 June 2021.
• Individual Interim Financial Statements for the six-month period ending 30 June 2021.

The above documentation is also available to the market on the Company's website (www.barcinoproperty.com)

In accordance with the provisions of Circular 3/2020, it is stated that the information communicated hereby has been prepared under the exclusive responsibility of the Company and its directors.

Sincerely,

BARCINO PROPERTY SOCIMI, S.A.

Free translation - In case of discrepancy, the Spanish version prevails

Barcino Property SOCIMI S.A.

Interim financial statements

for the six-month period ended

30 June 2021

Free translation - In case of discrepancy, the Spanish version prevails

					BARCINO PROPERTY SOCIMI, S.A.
					BALANCE SHEET AT 30 JUNE 2021
							(in euros)
ASSETS		Note		30/06/2021			EQUITY AND LIABILITIES		Note		30/06/2021		31/12/2020
			31/12/2020
1 A) NON-CURRENT ASSETS				35,425,824.87		39,565,985.72		1 A) EQUITY				22,972,259.48		19,456,711.91
1.1	I. Intangible fixed assets				652.47		674.78		1.1 A-1) Shareholders' equity		Note 6		22,972,259.48		19,456,711.91
	1.1.3 3.Patents, licences, trademarks and similar items				652.47		674.78		1.1.1 I. Share capital				24,524,110.00		21,560,168.00
1.2	II. Property, plant and equipment				354.96		647.65		1.1.1.1. Registered capital				24,524,110.00		21,560,168.00
	1.2.2 2. Property, plant and equipment				354.96		647.65		1.1.2 II. Share premium				6,347,632.78		5,013,858.88
1.3	III. Investment property		Note 4		35,301,037.88		39,449,108.73		1.1.3 III. Reserves				7,232.23		7,269.95
	1.3.1 1. Land				22,219,012.09		25,372,262.80		1.1.3.2 2. Other reserves				7,232.23		7,269.95
	1.3.2 2. Buildings				12,495,601.24		11,954,631.62		1.1.4 IV. Treasury shares				(77,473.66)		(67,473.66)
	1.3.3 3. Property, plant and equipment in the course of construction and advances				586,424.55		2,122,214.31		1.1. 5 V. Loss from previous years				(7,057,112.84)		(5,586,376.74)
1.5	IV. Non-current financial assets		Note 5		123,779.56	115,554.56		1.1.5.2 2. Prior years' losses				(7,057,112.84)		(5,586,376.74)
	1.5.5 5. Other financial assets				123,779.56		115,554.56		1.1.6 VI. Other capital contributions				1.58		1.58
2 B) CURRENT ASSETS				6,933,546.15		3,959,345.04		1.1.7 VII. Loss for the year				(772,130.61)		(1,470,736.10)
2.1	I. Non-current assets held for sale		Note 4		4,410,942.09		0.00		2 B) NON-CURRENT LIABILITIES				14,675,622.64		15,476,183.02
2.2	II. Inventories				60,066.92		52,251.78		2.2 II. Non-current payables				14,675,622.64		15,476,183.02
	2.2.6 6. Advances to suppliers				60,066.92		52,251.78		2.2.2 2. Bank borrowings		Note 7.1		14,497,569.81		14,523,133.54
2.3	III. Trade and other receivables				220,548.28		324,872.44		2.2.5 5. Other financial liabilities		Note 7.2		178,052.83		953,049.48
	2.3.1 1. Trade receivables for sales and services				28,709.88		53,699.08		3 C) CURRENT LIABILITIES				4,711,488.90		8,592,435.83
	2.3.3 3. Sundry receivables				0.00		0.00		3.2 II. Short-term provisions				0.00		0.00
	2.3.5 5. Current tax assets		Note 8.1		23.06		78,218.66		3.3 III. Current payables				4,582,580.50		8,207,898.78
	2.3.6 6. Other accounts receivable from public authorities		Note 8.1		191,815.34		192,954.70		3.3.2 2. Bank borrowings		Note 7.1		1,167,990.18		1,268,968.18
2.5	V. Non-current financial assets		Note 3.7		291,787.45		288,480.14		3.3.5 5. Other financial liabilities		Note 7.2		3,414,590.32		6,938,930.60
	2.5.5 5. Other financial assets				291,787.45		288,480.14		3.5 V. Trade and other payables				128,908.40		384,537.05
2.6	VI. Current prepayments and accrued income				37,424.04		87,568.19		3.5.3 3. Sundry accounts payable				93,697.46		343,121.38
2.7	VII. Cash and cash equivalents				1,912,777.37		3,206,172.49		3.5.6 6. Other accounts payable to public authorities		Note 8.1		29,695.57		32,534.27
	2.7.1 1. Cash				1,912,777.37		3,206,172.49		3.5.7 7. Customer advances				5,515.37		8,881.40
	TOTAL ASSETS								TOTAL EQUITY AND LIABILITIES				42,359,371.02		43,525,330.76
				42,359,371.02		43,525,330.76
					The accompanying Notes 1 to 13 are an integral part of the balance sheet at 30 June 2021.

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Free translation - In case of discrepancy, the Spanish version prevails

BARCINO PROPERTY SOCIMI, S.A.
INTERIM STATEMENT OF PROFIT OR LOSS FOR THE SIX-MONTH PERIOD ENDED
30 JUNE 2021
(in euros)
STATEMENT OF PROFIT OR LOSS	Note	30/06/2021	30/06/2020
1. Revenue		783,364.17	659,021.68
Real estate leases	Note 9.1	783,364.17	659,021.68
5. Other operating income		9,621.61	3,404.20
Other operating income		9,621.61	3,404.20
6. Staff costs		(56,140.98)	(50,092.89)
a) Wages, salaries and similar expenses		(44,927.84)	(40,288.83)
b) Employee benefit costs	Note 9.2	(11,213.14)	(9,804.06)
7. Other operating expenses		(876,944.57)	(909,721.93)
a) Outside services	Note 9.3	(825,973.58)	(855,306.16)
b) Taxes	Note 9.3	(40,413.32)	(40,944.18)
c) Losses, impairment and changes in trade provisions		(4,530.42)	(2,671.49)
d) Other current operating expenses		(6,027.25)	(10,800.10)
8. Depreciation and amortisation charge	Note 4	(345,469.66)	(324,016.07)
12. Other income and expenses		(8.07)	10,275.81
LOSS FROM OPERATIONS		(485,577.50)	(611,129.20)
13. Finance income		24.99	80.64
From marketable securities and other financial instruments		24.99	80.64
From third parties		24.99	80.64
14. Finance costs		(286,578.10)	(276,949.67)
On debts with third parties		(286,578.10)	(276,949.67)

FINANCIAL LOSS
LOSS BEFORE TAX
Income tax	Note 8.2
PROFIT/(LOSS) FROM CONTINUING OPERATIONS
LOSS FOR THE YEAR

(286,553.11)	(276,869.03)
(772,130.61)	(887,998.23)
0.00	0.00
(772,130.61)	(887,998.23)
(772,130.61)	(887,998.23)

The accompanying Notes 1 to 13 are an integral part of the statement of profit or loss for the six-month period ended 30 June 2021.

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Free translation - In case of discrepancy, the Spanish version prevails

BARCINO PROPERTY SOCIMI, S.A.

STATEMENT OF CHANGES IN EQUITY

1. STATEMENT OF RECOGNISED INCOME AND EXPENSE FOR THE SIX-MONTH PERIOD ENDED 30 JUNE 2021

	(in euros)
	30/06/2021	30/06/2020
LOSS AS PER STATEMENT OF PROFIT OR LOSS (I)	(772,130.61)	(887,998.23)
TOTAL INCOME AND EXPENSE RECOGNISED DIRECTLY IN EQUITY (II)	0	0
TOTAL TRANSFERS TO STATEMENT OF PROFIT OR LOSS (III)	0	0
TOTAL RECOGNISED INCOME AND EXPENSE (I+II+III)	(772,130.61)	(887,998.23)
The accompanying Notes 1 to 13 are an integral part of the statement of recognised income and expense for the six-month period ended 30 June 2021.

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