Figures___Information_for_the_period_010115_310315

17 October 2016

FIGURES_AND_INFORMATION_FOR_THE_PERIOD_010115_300615

17 October 2016

Figures___Information_for_the_period_010115_310315

17 October 2016



	AS COMPANY S.A. COMMERCIAL INDUSTRIAL COMPUTER & TOY COMPANY
	General Trading Record Number 57546304000 - Company's Number in the Register of Societes Anonymes 22949/06/Β/90/107 - Headquarters: Municipality of Oraiokastro County of Thessaloniki
	FINANCIAL STATEMENTS INFORMATION January 1st ended in March 31st 2015
	In accordance with Decision 4/507/28.04.2009 of the HCMC
	The figures presented below provide information about the financial position of AS Company S.A.
	The reader is reccommended, before entering into any investment activity
	with the company to access the Company's web site, where the annual financial statements
	and Certified Auditors Accountant Audit Report are posted.


Company's web site		: www.ascompany.gr
Approval date from the B.O.D.
for annual financial statements		: May 28th 2015


	1. BALANCE SHEET						2. STATEMENT OF COMPREHENSIVE INCOME
	Amounts expressed in €						Amounts expressed in €

ASSETS			31.03.2015	31.12.2014				1.1 to	1.1 to
								31.03.2015	31.03.2014
Tangible fixed assets			6,733,083.41	6,753,138.14
Intangible fixed assets			5,281.79	6,405.72		Sales Turnover		5,756,443.20	5,232,465.66
Other non-current assets			24,874.66	22,019.66		Gross profit / (loss)		3,203,517.21	2,766,571.77
Inventories			4,158,777.95	3,167,034.66		Profit/(loss) before tax, interest,
Trade debtors			11,165,852.60	8,440,245.03		investing results		1,162,690.67	640,766.81
Other current assets			6,994,284.11	8,469,495.99		Profit/(loss) before tax		1,037,096.21	610,275.44
TOTAL ASSETS			29,082,154.52	26,858,339.20		Profit/(loss) after tax (Α)		818,144.37	458,668.82
						- Owners of the parent		818,144.37	458,668.82
SHAREHOLDERS' EQUITY AND LIABILITIES						- Minority Shareholders'		0.00	0.00

Paid up share capital			9,975,775.20	9,975,775.20		Other Profit/(loss) after tax (Β)		0.00	0.00
Other shareholders' equity			11,573,047.86	10,754,903.49		Total Profit
Total Shareholder's Equity (a)			21,548,823.06	20,730,678.69		after tax (Α) + (Β)		818,144.37	458,668.82
						- Owners of the parent		818,144.37	458,668.82
Minority Rights (b)			0.00	0.00		-Minority Shareholders'		0.00	0.00
Total Equity (c) = (a) + (b)			21,548,823.06	20,730,678.69		Impact from revised IAS 19		0.00	29,487.52
						Profit after tax per share in (€)		0.0312	0.0175
Long term liabilities			2,375,000.00	2,375,000.00		Intended dividend per share (in €)		0.0000	0.0000
Provisions / Other long term liabilities			677,424.25	717,142.05		Profit/(loss) before tax, interest,
Short term borrowing liabilities			0.00	258,757.59		investing results and depreciation		1,254,739.20	731,112.95
Other short term liabilities			4,480,907.21	2,776,760.87
Total liabilities (d)			7,533,331.46	6,127,660.51
							3. STATEMENT OF CHANGES IN EQUITY
TOTAL SHAREHOLDERS EQUITY & LIABILITIES (c) + (d)			29,082,154.52	26,858,339.20			Amounts expressed in €
								31.03.2015	31.03.2014
						Opening balance
	4. CASH FLOW STATEMENT					(01.01.2015 & 01.01.2014 accordingly)		20,730,678.69	18,916,632.65
	Amounts expressed in €					Impact from revised IAS 19		0.00	0.00
						Year's Profit / (loss)
			1.1 to	1.1 to		after taxes		818,144.37	458,668.82
			31.03.2015	31.03.2014		Dividends		0.00	0.00
Operating activities						Net income towards equity		0.00	0.00
Profit before tax			1,037,096.21	610,275.44		Year's end equity
Increase / Decrease adjustments for:						(31.03.2015 & 31.03.2014 accordingly)		21,548,823.06	19,375,301.47
Depreciation			92,048.54	90,346.14
Previsions			10,975.38	9,837.94
Foreign Exchange Differences			10,452,774.87	-15,024.48		5. NOTES
Investing Activities Results (income, expences, profit & loss)			143,235.95	10,731,131.85
Interest Expense			36,012.27	51,802.25	1.	In the above financial statements the basic accounting principles applied are consistent with those applied for the balance sheet of the previous fiscal year 2014, including the application using the revised International Accounting Standard (IAS) 19.
Increase / Decrease adjustments for working capital:
Decrease/(increase) in inventories			9,745,674.95	-965,420.68	2.	There were no changes such as, in accounting policies, appreciation, correction in accounting mistakes, changes of entries in financial statements, regarding last year.
Decrease/(increase) in receivables			-2,443,895.24	-3,054,149.88
(Decrease)/increase in current liabilities (excluding borrowings)			1,448,897.18	3,072,550.13	3.	There weren't any company proceedings such as take over, sale, merger of other company or branch, secession of branch and reorganization, neither break in any operation.
Minus :
Interest Paid			-36,012.27	-51,802.25	4.	There were no changes in the company's fiscal year period, therefore all information presented is comparable.
Income taxes paid			0.00	10,553,369.06
Total cash flows from operating activities (a)			-988,028.64	-441,920.96	5.	The Company does not prepare consolidated financial statements, the Financial Statements are not included in other consolidated financial statements published by other companies.

Investing Activities					6.	There do not exist any types of arbitration or pending litigation matters of the Company that could have a material adverse effect on financial condition or operation of the Company and therefore there do not exist any corresponding provisions, except of those that are fully analyzed in financial statements. Other provisions have been made which amount to € 973.862,93 (please see note 5.7 in financial statement statements).
Subsidiary			0.00	0.00
Purchase of tangible and intangible assets			10,666,576.07	-8,081.68
Proceeds from sales of tangible and intangible assets			0.00	0.00
Proceeds from sales of securities			803,478.91	100,496.81	7.	The number of staff employed by the Company was 72 employees (+23 seasonal employees) as at the end of the reported period and was 66 employees (+19 seasonal employees), accordingly at the end of the previous respective period..
Interest income			23,247.64	23,711.47
Dividends income			0.00	0.00	8.	The company applied in previous years the revised IAS 19, updated and in the current period. The modification of the relative accounting policy has occurred in accordance with the provisions of IAS 8 "Accounting Policies, Changes in Accounting Estimates and Errors". As it is mentioned in the Annual Financial Statements the transition to the revised IAS 19 has an impact on the obligation of certain benefits due to the recognition of accumulated unrecognized actuarial gains / losses. Provisions for the employees have been made which amount to €365.756,23.
Total cash flows from ivnesting activities (b)			755,884.38	116,126.60
Financing activities
Proceeds from Subsidiary			0.00	0.00
Proceeds from increased capital			0.00	0.00
Proceeds from borrowings			0.00	0.00	9.	For the year 2014 the Company has been subject to tax audit of statutory auditors provided for by Article 65a of Law. 4174/2013. The audit is in progress and the related tax certificate is to be granted after the publication of the financial statements of the year. Upon completion of this tax audit, the B.O.D. does not expect anytax liabilities to arise apart from those recorded and presended in the financial statements. (please see note 5.9 in financial statement statements). For the open fiscal year 2010, whose audit is in progress, a provision has been reserved for € 50.000,00.
Inflow from Government Programs			0.00	0.00
Borrowings paid			10,478,660.65	0.00
Payments of leasing liabilities			10,723,022.39	10,724,061.89
Dividends paid			0.00	0.00
Total cash flows from Financing activities (c)			-273,153.44	-13,356.35
Net increase / (Decrease) in cash					10.	The Annual General Meeting of Company's Shareholders which was held on 05.08.2015 decided to reduce the company's share capital by the amount of € 1.050.081,60 by reducing the nominal value of each share by € 0,04 (from € 0,38 to € 0,34) and refund to the shareholders.
and cash equivalents (a) + (b) + (c)			-505,297.70	-339,150.71
Cash and cash equivalents opening balance			3,829,808.20	4,634,053.01
Cash and cash equivalents closing balance			3,324,510.50	4,294,902.30	11.	The amounts of sales and purchases from the beginning of the fiscal period and the balance of receivables and liabilities of the Group and the Company at the end of the fiscal period which have resulted from transactions from related sectors, such as defined by IAS standard 24 are as follows:


		Thessaloniki, May 28th 2015				a) Sales of goods and services		0.00
						b) Purchase of goods and services		0.00
						c) Trade debtors		0.00
						d) Liabilities		0.00
						e) Transactions & salaries of managerial staff and the board		205,762.15
						f) Receivables fron managerial staff and the board		0.00
						g) Liabilities towards managerial staff and the board		0.00