01 02 03 Financial Statements 04 Separate Statement of Financial Position As at 31 December (thousands of Georgian Lari) 31 December 31 December Notes 2018 2017 Assets Cash and cash equivalents 7 3,041 7,619 Prepayments 357 305 Investments in subsidiaries 1 404,824 404,824 Total assets 408,222 412,748 Liabilities Borrowings 18 9,432 7,852 Accounts payable 201 174 Accruals for employee compensation 52 124 Total liabilities 9,685 8,150 Equity Share capital 25 4,784 4,784 Retained earnings* 25 393,753 399,814 Total equity 398,537 404,598 Total equity and liabilities 408,222 412,748 * The Company has not presented its own profit and loss account as permitted by section 408(3) of the Companies Act 2006 (the “Act”). The loss incurred in the Financial Statements of the Company, determined in accordance with the Act, was GEL 7,340 (2017: GEL 5,606). The Financial Statements on pages 121 to 175 were approved by the Board of Directors of Georgia Healthcare Group PLC on 2 April 2019 and signed on its behalf by: Nikoloz Gamkrelidze Chief Executive Officer 2 April 2019 Irakli Gogia Chief Financial Officer 2 April 2019 Company registration number: 09752452 The accompanying notes on pages 128 to 175 form an integral part of these consolidated Financial Statements. 121