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 2007 ended in September 30th 2007
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.
Supervising Authority: Ministry of Development - Department of SA companiesMinistry of Development - Department of SA companies
Approval date from the B.O.D.
of quarterly periodic financial statements: 22nd November 2007
Certified Auditor Accountant: Evaggelos Ν. Pagonis - L.C./ Accociation of Certified Auditors: 14211
Auditing Association & Certified Auditing Firm: BAKER TILLY HELLAS ΑΕ - L.C./ Accociation of Certified Auditors: Ε 148
Type of Review Opinion: With no qualification
Company's web site:
Amounts expressed in €Amounts expressed in €COMPANY
1.1 to1.1 to1.4 to1.4 to
Non-current assetsSales Turnover16,656,555.0212,068,002.785,502,242.314,073,842.01
Tangible fixed assets8,446,163.348,737,598.96Cost of goods sold-8,218,056.80-6,237,620.867,657,738.468,364,441.35
Intangible fixed assets66,577.1721,886.56Gross profit8,438,498.225,830,381.922,422,562.531,700,865.12
Investing activities and other long term recievables182,967.5096,765.94Other income39,861.7848,169.4817,430.601,080.84
Administration expenses9,898,748.169,994,255.1410,451,487.3210,522,295.14
Current assentsSelling and Distribution expenses6,993,245.388,320,206.739,614,680.7610,132,896.47
Inventories5,126,416.823,550,394.34Research and Development expenses10,624,848.5110,646,521.5610,700,795.8210,715,091.14
Trade debtors18,054,300.9113,297,972.00Profit/(loss) before tax, interest,
Short term investing activities25,632.8813,108.00investing results and depreciation3,782,947.332,627,280.11994,702.31859,973.99
Other assets527,775.56304,948.25Depreciation10,348,018.9210,344,883.4610,614,273.5610,603,025.37
Cash and cash equivalents926,614.24351,041.97Profit/(loss) before tax, interest,
and investing results3,393,548.012,234,745.33871,557.63725,581.12
TOTAL ASSETS33,356,448.4226,373,716.02Financing activities expenses10,369,738.2310,518,841.7910,575,893.3310,671,737.66
Profit/(loss) before tax3,025,868.002,016,168.88710,032.72659,900.54
SHAREHOLDERS' EQUITY AND LIABILITIESProfit/(loss) after tax from continued operations (a)2,435,537.231,203,228.65631,336.32411,826.52
Profit/(loss) after tax from discontinued operations (b)
Long term liabilitiesProfit/(loss) after tax (continued and
Borrowings4,347,826.104,347,826.10discontinued operations) (a) + (b)2,435,537.231,203,228.65631,336.32411,826.52
Other long term liabilities1,453,559.82747,415.72Distribution:
Company's shareholders2,435,537.231,203,228.65631,336.32411,826.52
Short term liabilitiesMinority Shareholders'
Debts to trade creditors3,210,170.432,486,442.27Profit after tax per share in (€)0.1110.0550.0290.019
Other short term liabilities4,319,601.933,086,207.69
Total liabilities (a)17,350,873.6011,496,760.23
Share capital and ReservesAmounts expressed in €COMPANY
Paid up share capital8,313,146.008,313,146.0030.09.200730.09.2006
Share premium74,509.1774,509.17
Reserves1,464,844.031,369,022.72Opening balance (01.01.2007& 01.01.2006 respectively)14,876,955.7914,224,116.48
Profits6,153,075.625,120,277.90Year's Profit / (loss) after taxes2,435,537.231,203,228.65
Total Shareholders Equity (b)16,005,574.8214,876,955.79Dividends1,072,429,222.001,072,647,989.00
Minority Rights ( c)0.000.00Net income towards equity5,683.800.00
Total Equity (d) = (b) +( c)16,005,574.8214,876,955.79Bought / (Sold) own shares0.000.00
TOTAL SHAREHOLDERS EQUITY AND LIABILITIES (e) = (a) + (d)33,356,448.4226,373,716.02Year end equity (30.06.2007 & 30.06.2006 respectively)16,005,574.8214,333,510.13
Amounts expressed in €ΕΤΑΙΡΕΙΑ
1.1-1.1 -Notes:
Operating activities30.09.200730.09.2006
Profit before tax3,025,868.002,016,168.881.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
Increase / Decrease adjustments for: 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
Depreciation389,399.32392,534.78been made that depicts the effect on the financial statements.
Previsions6,226.4110,718,503.942.No circumstance in regards to changes in accounting principles and projections exited that would effect the comparability of the data presented.
Investing Activities Results (income, expences, profit & loss) 5,683.800.00
Interest Expense391,065.37240,506.663. There were no, during the present fiscal period, any buyouts, consolidations, sell-off, secession, or reorganization of any of the company's parts.
Increase / Decrease adjustments for working capital:4.There were no changes in the company's fiscal year period, therefore all information presented is comparable.
Decrease/(increase) in inventories9,161,395.7610,148,507.545..The company does not report on a consolidated basis, or are its financial statements consolidated with another company's.
Decrease/(increase) in receivables5,758,262.02787,661.23
(Decrease)/increase in current liabilities (excluding borrowings)2,214,795.208,466,052.796.There is no mortgaging over company's fixed assets.
Minus :7.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.
Interest Received10,346,352.8710,496,911.58
Income taxes paid10,479,745.4410,543,798.358.The number of staff employed by the Company as at the end of period is 61 and it was 55 at the end of the respective period.
Total cash flows from operating activities (a)-1,170,878.77123,554.55
Investing Activities9.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.
Purchase of tangible and intangible assets10,594,763.9310,613,246.1110.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 period,
Proceeds from sales of tangible and intangible assets0.0012,010.71which have resulted from transactions from related sectors, such as defined by IAS standard 24 are as follows:
Proceeds from sales (puschase) of securities10,729,666.030.00 a) Sales of goods and services0.00
Interest income18,612.6913,887.71 b) Purchase of goods and services0.00
Dividends income0.004,736.50 c) Trade debtors0.00
Total cash flows from ivnesting activities (b)-131,793.83-93,537.21 d) Liabilities0.00
Financing activities e) Transactions & salaries of managerial staff and the board449,417.44
Proceeds from share capital increase0.000.00 f) Receivables fron managerial staff and the board0.00
Proceeds from borrowings3,190,846.871,394,870.45 g) Liabilities towards managerial staff and te board18,091.81
Borrowings paid0.000.00
Dividends paid1,072,429,222.009,324,487.84Thessaloniki, November 22nd 2007
Total cash flows from Financing activities ( c)1,878,244.87-18,059.95
Net increase / (Decrease) in cash
and cash equivalents (a) + (b) + ( c)575,572.2711,957.39
Cash and cash equivalents opening balance351,041.97274,762.42
Cash and cash equivalents closing balance926,614.24286,719.81