FIGURES_AND_INFORMATION_FOR_THE_PERIOD_01012008_30092008

17 October 2016

FIGURES_AND_INFORMATION_FOR_THE_PERIOD_01012008_31122008

17 October 2016

FIGURES_AND_INFORMATION_FOR_THE_PERIOD_01012008_30092008

17 October 2016



	AS COMPANY S.A. COMMERCIAL INDUSTRIAL COMPUTER & TOY COMPANY
	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 September 30th 2008
	In agreance with decision 6/448/11.10.2007 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 the nine month financial financial statements		: 24th November 2008


1.1 BALANCE SHEET								1.2 PROFIT AND LOSS STATEMENT
Amounts expressed in €								Amounts expressed in €
		GROUP		COMPANY					GROUP		COMPANY
ASSETS		30.09.2008	31.12.2007	30.09.2008	31.12.2007				1.1 to	1.1 to	1.1 to	1.1 to
									30.09.2008	30.09.2007	30.09.2008	30.09.2007
Tangible fixed assets		8,424,099.85	8,358,170.01	8,067,719.43	8,358,170.01
Intangible fixed assets		113,988.35	83,311.32	84,501.66	83,311.32		Sales Turnover		18,555,147.12	16,656,555.02	18,349,791.31	16,656,555.02
Other non-current assets		422,426.39	168,143.77	710,087.47	168,143.77		Gross profit / (loss)		10,266,257.60	8,438,498.22	10,151,746.25	8,438,498.22
Inventories		5,894,089.50	4,427,237.37	5,471,641.82	4,427,237.37		Profit/(loss) before tax, interest,
Trade debtors		17,057,750.67	14,827,625.01	17,000,510.21	14,827,625.01		investing results		4,232,652.13	3,393,548.01	4,481,431.59	3,393,548.01
Other current assets		2,469,510.39	1,606,995.23	2,197,778.37	1,606,995.23		Profit/(loss) before tax		3,927,453.08	3,025,868.00	4,176,808.77	3,025,868.00
TOTAL ASSETS		34,381,865.15	29,471,482.71	33,532,238.96	29,471,482.71
							Profit/(loss) after tax		3,136,189.86	2,435,537.23	3,323,206.64	2,435,537.23
SHAREHOLDERS' EQUITY AND LIABILITIES							Distribution:
							Company's shareholders		3,192,294.89	2,435,537.23	3,323,206.64	2,435,537.23
Paid up share capital		8,313,146.00	8,313,146.00	8,313,146.00	8,313,146.00		Minority Shareholders'		10,681,313.21	0.00	0.00	0.00
Other shareholders' equity		9,552,985.08	8,111,281.79	9,684,352.43	8,111,281.79		Profit after tax per share in (€)		0.146	0.111	0.152	0.111
Total Shareholder's Equity (a)		17,866,131.08	16,424,427.79	17,997,498.43	16,424,427.79		Profit/(loss) before tax, interest,
							investing results and depreciation		4,627,565.28	3,782,947.33	4,862,350.32	3,782,947.33
Minority Rights (b)		93,699.70	0.00	0.00	0.00
Total Equity (c) = (a) + (b)		17,959,830.78	16,424,427.79	17,997,498.43	16,424,427.79
								1.2a PROFIT AND LOSS STATEMENT
Long term liabilities		3,540,500.00	3,332,800.00	3,540,500.00	3,332,800.00			Amounts expressed in €
Provisions / Other long term liabilities		1,736,995.44	690,464.35	1,735,995.36	690,464.35				GROUP		COMPANY
Short term borrowing liabilities		4,228,132.89	1,630,610.57	3,888,132.89	1,630,610.57				1.7 to	1.7 to	1.7 to	1.7 to
Other short term liabilities		6,916,406.04	7,393,180.00	6,370,112.28	7,393,180.00				30.09.2008	30.09.2007	30.09.2008	30.09.2007
Total liabilities (d)		16,422,034.37	13,047,054.92	15,534,740.53	13,047,054.92
							Sales Turnover		6,459,713.84	5,502,242.31	6,333,056.40	5,502,242.31
TOTAL SHAREHOLDERS EQUITY & LIABILITIES (c) + (d)		34,381,865.15	29,471,482.71	33,532,238.96	29,471,482.71		Gross profit / (loss)		3,112,739.00	2,422,562.53	3,046,220.24	2,422,562.53
							Profit/(loss) before tax, interest,
							investing results		1,192,830.42	871,557.63	1,320,710.43	871,557.63
							Profit/(loss) before tax		1,069,954.49	710,032.72	1,198,827.57	710,032.72
	1.3 STATEMENT OF CHANGES IN EQUITY
Amounts expressed in €							Profit/(loss) after tax		986,918.83	631,336.32	1,090,232.06	631,336.32
		GROUP		COMPANY			Distribution:
		30.09.2008	30.09.2007	30.09.2008	30.09.2007		Company's shareholders		1,017,963.31	631,336.32	1,090,232.06	631,336.32
Opening balance							Minority Shareholders'		-31,044.48	0.00	0.00	0.00
(01.01.2008 & 01.01.2007 respectively)		16,424,427.79	14,876,955.79	16,424,427.79	14,876,955.79		Profit after tax per share in (€)		0.047	0.029	0.050	0.029
Period's Profit / (loss) after taxes		3,136,189.86	2,435,537.23	3,323,206.64	2,435,537.23		Profit/(loss) before tax, interest,
Dividends		-1,750,136.00	1,072,429,222.00	-1,750,136.00	1,072,429,222.00		investing results and depreciation		1,324,525.45	994,702.31	1,446,866.85	994,702.31
Net income towards equity		-650.87	5,683.80	0.00	5,683.80
Minority Stake in Subsidiary		150,000.00	0.00	0.00	0.00
Bought / (Sold) own shares		0.00	0.00	0.00	0.00		Notes:
Period's end equity
(30.09.2008 & 30.09.2007 respectively)		17,959,830.78	16,005,574.82	17,997,498.43	16,005,574.82	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 please see note 4.26. Our subsidiary Cosmokid S.A. was incorporated in 2008 and has not filed any income tax return.


	1.4 CASH FLOW STATEMENT
Amounts expressed in €
		GROUP		COMPANY
		1.1 to	1.1 to	1.1 to	1.1 to	2.	All standard accounting pronciples have remained in force as in the 31.12.2007 Financial Statements.
		30.09.2008	30.09.2007	30.09.2008	30.09.2007	3.	No circumstance in regards to changes in accounting principles and projections exited that would effect the comparability of the data presented.
Operating activities
Profit before tax		3,927,453.08	3,025,868.00	4,176,808.77	3,025,868.00
Increase / Decrease adjustments for:						4.	There were no, during the present fiscal period, any buyouts, consolidations, sell-off, secession, or reorganization of any of the company's parts. There was only the incorporation of the subsidiary company Cosmokid S.A. of which AS Company S.A. has 70% stake, which in turn incorporated Cosmokid Albania Ltd. with a 100% stake.
Depreciation		394,913.16	389,399.32	380,918.73	389,399.32
Previsions		985.25	6,226.41	-14.82	6,226.41
Investing Activities Results (income, expences, profit & loss)		-7,253.34	5,683.80	10,731,778.41	5,683.80	5.	There were no changes in the company's fiscal year period, therefore all information presented is comparable.
Interest Expense		311,445.68	391,065.37	310,262.65	391,065.37
Increase / Decrease adjustments for working capital:						6.	During 2008 the company for the first time issued consolidated financial statements in which the results of its subsidiary Cosmokid S.A., with its corresponding stake of 70%, and date of incorporation 04/04/2008. The mother company's financial results are not incorporated in any other company's consolidated financial statements.
Decrease/(increase) in inventories		9,270,566.11	9,161,395.76	9,693,013.79	9,161,395.76
Decrease/(increase) in receivables		7,180,838.79	5,758,262.02	7,397,483.74	5,758,262.02
(Decrease)/increase in current liabilities (excluding borrowings)		10,592,276.78	2,276,557.16	10,045,983.02	2,276,557.16
Minus :						7.	There is no mortgaging over company's fixed assets.
Interest Received		10,425,972.56	10,346,352.87	10,427,155.59	10,346,352.87	8.	The purchases in tangible and intangible fixed assets for the 3rd half 2008 were € 513.155,45 on a consolidated basis and € 94.536,59 for the mother company.
Income taxes paid		10,450,243.49	10,479,745.44	10,450,243.49	10,479,745.44
Total cash flows from operating activities (a)		-1,139,649.64	-1,109,116.81	-810,876.07	-1,109,116.81	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.

Investing Activities
Subsidiary		0.00	0.00	-350,000.00	0.00
Purchase of tangible and intangible assets		10,246,252.30	10,594,763.93	10,642,881.65	10,594,763.93
Proceeds from sales of tangible and intangible assets		0.00	0.00	2,878.10	0.00	10.	The profits per share were based on the average trading shares less the own owned shares aquired by the Company.
Proceeds from sales (puschase) of securities		0.00	10,729,666.03	0.00	10,729,666.03	11.	The number of staff employed by the subsidiary and mother company as at the end of period is 70 & 62 and was 61 & 61 at the end of the respective period.
Interest income		18,882.10	18,612.69	18,273.55	18,612.69
Dividends income		0.00	0.00	0.00	0.00	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. On 03/07/2008, the BOD decided, these shares were distributed to its employees based on specific criteria.
Total cash flows from ivnesting activities (b)		-472,283.84	-131,793.83	-423,384.94	-131,793.83
Financing activities
Proceeds from Subsidiary		150,000.00	0.00	0.00	0.00
Proceeds from borrowings		2,805,222.32	3,190,846.87	2,465,222.32	3,190,846.87	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 period, which have resulted from transactions from related sectors, such as defined by IAS standard 24 are as follows:
Borrowings paid		0.00	0.00	0.00	0.00
Dividends paid		-44,457.75	10,675,656.28	-44,457.75	10,675,656.28
Total cash flows from Financing activities (c)		-1,750,136.00	1,072,429,222.00	-1,750,136.00	1,072,429,222.00				GROUP
Net increase / (Decrease) in cash							a) Sales of goods and services		0.00	34,958.18
and cash equivalents (a) + (b) + (c)		-3,362,069.48	-2,553,512.64	-2,984,397.01	-2,553,512.64		b) Purchase of goods and services		0.00	0.00
Cash and cash equivalents opening balance		1,155,926.46	351,041.97	1,155,926.46	351,041.97		c) Trade debtors		0.00	0.00
Cash and cash equivalents closing balance		-2,206,143.02	-2,202,470.67	-1,828,470.55	-2,202,470.67		d) Liabilities		0.00	0.00
							e) Transactions & salaries of managerial staff and the board		364,705.62	337,297.62
							f) Receivables fron managerial staff and the board		0.00	0.00
							g) Liabilities towards managerial staff and te board		0.00	0.00


					Thessaloniki, November 24th 2008