FIGURES_AND_INFORMATION_FOR_THE_PERIOD_010108_310308



	AS COMPANY S.A.
	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 2008 ended in March 31st 2008
	In agreance with decision 2/396/31.08.2006 of the Hellenic Comission of Market Capitalization
	The figures presented below provide information about the financial position of AS COMPANY S.A.
	The reader who seeks to draft a completed figure of the company's financial statement and financial results, sould get access
	to the Company's web site, where the annual financial statements according to International Accounting Standards
	and Certified Auditors Accountant Audit Report are posted.


Company's web site		: www.ascompany.gr
Approval date from the B.O.D.
of quarterly periodic financial statements		: 23 Μαΐου 2008


BALANCE SHEET						PROFIT AND LOSS STATEMENT
Amounts expressed in €						Amounts expressed in €
								1.1	1.1
ASSETS		31.03.2008	31.12.2007					31.03.2008	31.03.2007

Tangible fixed assets		8,285,737.07	8,358,170.01		Sales Turnover			7,185,203.06	6,910,496.95
Intangible fixed assets		104,490.80	83,311.32		Gross profit			4,075,023.97	3,877,737.12
Other non current assets		243,143.77	168,143.77		Profit/(loss) before tax, interest,
Inventories		4,404,858.77	4,427,237.37		and investing results			2,105,183.84	1,737,752.31
Trade debtors		17,084,501.06	14,827,625.01
Other current assets		3,496,271.90	1,606,995.23		Profit/(loss) before tax			2,007,015.67	1,630,352.99

TOTAL ASSETS		33,619,003.37	29,471,482.71		Profit/(loss) after tax			1,580,979.09	1,292,969.76

					Distribution:
SHAREHOLDERS' EQUITY AND LIABILITIES					Company's shareholders			1,580,979.09	1,292,969.76
					Minority Shareholders'			0.00	0.00
Paid up share capital		8,313,146.00	8,313,146.00		Profit after tax per share in (€)			0.072	0.059
Other shareholders' equity		9,692,260.88	8,111,281.79
Total shareholders' equity (a)		18,005,406.88	16,424,427.79
					Profit/(loss) before tax, interest,
Minority rights (b)		0.00	0.00		investing results and depreciation			2,233,715.24	1,873,329.80
Total equity (c) = (a) + (b)		18,005,406.88	16,424,427.79


Long term liabilities		4,166,000.00	3,332,800.00			STATEMENT OF CHANGES IN EQUITY
Provisions/ Other long term liabilities		1,191,500.93	690,464.35			Amounts expressed in €
Short term liabilities		1,961,410.78	1,630,610.57					31.03.2008	31.03.2007
Other short term liabilities		8,294,684.78	7,393,180.00
Total liabilities (d)		15,613,596.49	13,047,054.92		Opening balance (01.01.2008& 01.01.2007 respectively)			16,424,427.79	14,876,955.79
					Year's Profit / (loss) after taxes			1,580,979.09	1,292,969.76
TOTAL SHAREHOLDERS EQUITY & LIABILITIES (e)=(a)+(d)		33,619,003.37	29,471,482.71		Dividends			0.00	0.00
					Net income towards equity			0.00	0.00
					Bought / (Sold) own shares			0.00	0.00
					Year end equity (31.03.2008 & 31.03.2007 respectively)			18,005,406.88	16,169,925.55




CASH FLOW STATEMENT					Notes:
Amounts expressed in €		1.1-	1.1 -	1.	The Company's tax returns have been audited by the tax authorities up to and including the fiscal year 2004, with the chance of an imposition of further taxation and surcharges throughout the year that will be reviewed and defined in the tax returns of the unaudited fiscal years. The results of the audit can not be projected at this time and therefore no relevant projection has been made that depicts the effect on the financial statements.
		31.03.2008	31.03.2007

Operating activities				2.	All standard accounting pronciples have remained in force as in the 31.12.2007 Financial Statements.
Profit before tax		2,007,015.67	1,630,352.99	3.	No circumstance in regards to changes in accounting principles and projections exited that would effect the comparability of the data presented.
Increase / Decrease adjustments for:				3.
Depreciation		128,531.40	135,577.49	4.	There were no, during the present fiscal period, any buyouts, consolidations, sell-off, secession, or reorganization of any of the company's parts.
Previsions		0.00	0.00	5.	There were no changes in the company's fiscal year period, therefore all information presented is comparable.
Investing Activities Results (income, expences, profit & loss)		-873.04	10,731,727.39	6.	.The company does not report on a consolidated basis, or are its financial statements consolidated with another company's.
Interest Expense		99,041.21	113,090.17
Increase / Decrease adjustments for working capital:				7.	There is no mortgaging over company's fixed assets.
Decrease/(increase) in inventories		22,378.60	9,808,654.53	8.	The purchases in tangible and intangible fixed assets for the 1st quarter 2008 were 80.156,05€.
Decrease/(increase) in receivables		8,432,701.00	-6,142,931.99	9.	There do not exist any types of arbitration or pending litigation matters that could have a material adverse effect on AS Company S.A. financial condition.
(Decrease)/increase in current liabilities (excluding borrowings)		919,421.47	1,967,242.15
Minus :				10.	The profits per share were based on the average trading shares less the own owned shares aquired by the Company.
Interest Received		10,638,377.03	10,624,328.07	11.	The number of staff employed by the Company as at the end of period is 58 and it was 59 at the end of the respective period.
Income taxes paid		0.00	0.00
Total cash flows from operating activities (a)		771,756.86	-3,344,213.92	12.	As of 31.12.2005 the Company has acquired through the Athens Stock Exchange 94.730 same shares at an average price of € 0,766 total €72.559,90.
Investing Activities				13.	The amounts of sales and purchases from the beginning of the fiscal period and the balance of receivables and liabilities at the end of the fiscal
Purchase of tangible and intangible assets		10,657,262.20	10,671,915.58		period, which have resulted from transactions from related sectors, such as defined by IAS standard 24 are as follows:
Proceeds from sales of tangible and intangible assets		2,878.10	0.00		a) Sales of goods and services			0.00
Proceeds from sales (puschase) of securities		0.00	0.00		b) Purchase of goods and services			0.00
Interest income		8,003.68	3,196.85		c) Trade debtors			0.00
Dividends income		0.00	0.00		d) Liabilities			21,446.03
Total cash flows from ivnesting activities (b)		-69,274.26	-62,305.81		e) Transactions & salaries of managerial staff and the board			119,244.95
Financing activities					f) Receivables fron managerial staff and the board			0.00
Proceeds from share capital increase		0.00	0.00		g) Liabilities towards managerial staff and te board			0.00
Proceeds from borrowings		1,164,000.21	3,542,234.68
Borrowings paid		10,719,501.55	-20,587.32				Thessaloniki, May 23rd 2008
Dividends paid		0.00	-4,491.59
Total cash flows from Financing activities ( c)		1,146,083.52	3,517,155.77
Net increase / (Decrease) in cash
and cash equivalents (a) + (b) + ( c)		1,848,566.12	110,636.04
Cash and cash equivalents opening balance		1,155,926.46	351,041.97
Cash and cash equivalents closing balance		3,004,492.58	461,678.01