FIGURES_AND_INFORMATION_FOR_THE_PERIOD_01012009_31032009

17 October 2016

FIGURES_AND_INFORMATION_FOR_THE_PERIOD_01012009_31122009

17 October 2016

FIGURES_AND_INFORMATION_FOR_THE_PERIOD_01012009_31032009

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 ended in March 31st 2009
	Published according to law 4/507/28.04.2009 of the B.O.D. of the Capital Markets Copmmittee
	The figures presented below provide information about the financial position of AS Company S.A. and AS Company Group.
	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 26th 2009


	1.1 BALANCE SHEET							1.2 PROFIT AND LOSS STATEMENT
	Amounts expressed in €							Amounts expressed in €
		GROUP		COMPANY					GROUP		COMPANY
ASSETS		31.03.2009	31.12.2008	31.03.2009	31.12.2008				1.1 to	1.1 to	1.1 to	1.1 to
									31.03.2009	31.03.2008	31.03.2009	31.03.2008
Tangible fixed assets		8,299,672.97	8,424,386.94	7,903,735.96	7,976,435.37
Intangible fixed assets		26,227.14	27,841.24	0.00	0.00		Sales Turnover		7,946,891.93	7,185,203.06	7,513,730.57	7,185,203.06
Other non-current assets		433,509.39	438,670.84	671,249.05	716,048.05		Gross profit / (loss)		4,444,199.99	4,075,023.97	4,309,179.01	4,075,023.97
Inventories		8,011,534.72	6,989,276.01	7,629,925.64	6,691,907.29		Profit/(loss) before tax, interest,
Trade debtors		18,848,590.29	15,075,360.54	18,344,429.53	14,780,919.60		investing results		1,994,529.73	2,105,183.85	2,094,172.89	2,105,183.85
Other current assets		1,134,773.32	1,937,741.07	852,537.33	1,198,916.28		Profit/(loss) before tax		1,907,738.30	2,007,015.68	2,013,140.93	2,007,015.68
TOTAL ASSETS		36,754,307.83	32,893,276.64	35,401,877.51	31,364,226.59		Profit/(loss) after tax (Α)		1,429,119.92	1,580,979.09	1,509,451.01	1,580,979.09
							- Owners of the parent		1,429,119.92	1,580,979.09	1,509,451.01	1,580,979.09
SHAREHOLDERS' EQUITY AND LIABILITIES							- Minority Shareholders'		0.00	0.00	0.00	0.00

Paid up share capital		8,313,146.00	8,313,146.00	8,313,146.00	8,313,146.00		Other Profit/(loss) after tax (Β)		0.00	0.00	0.00	0.00
Other shareholders' equity		11,072,779.65	9,615,578.43	11,293,476.56	9,784,025.57		Total Profit
Total Shareholder's Equity (a)		19,385,925.65	17,928,724.43	19,606,622.56	18,097,171.57		after tax (Α) + (Β)		1,429,119.92	1,580,979.09	1,509,451.01	1,580,979.09
							- Owners of the parent		1,429,119.92	1,580,979.09	1,509,451.01	1,580,979.09
Minority Rights (b)		0.00	0.00	0.00	0.00		-Minority Shareholders'		0.00	0.00	0.00	0.00
Total Equity (c) = (a) + (b)		19,385,925.65	17,928,724.43	19,606,622.56	18,097,171.57
							Profit after tax per share in (€)		0.0653	0.0723	0.0690	0.0723
Long term liabilities		4,332,000.00	4,332,000.00	3,332,000.00	3,332,000.00		Profit/(loss) before tax, interest,
Provisions / Other long term liabilities		1,338,119.01	793,105.34	1,313,950.84	785,933.90		investing results and depreciation		2,108,476.66	2,233,715.25	2,197,726.13	2,233,715.25
Short term borrowing liabilities		4,042,989.87	2,135,624.16	4,042,989.87	2,126,475.62
Other short term liabilities		7,655,273.30	7,703,822.71	7,106,314.24	7,022,645.50
Total liabilities (d)		17,368,382.18	14,964,552.21	15,795,254.95	13,267,055.02			1.3 STATEMENT OF CHANGES IN EQUITY
								Amounts expressed in €
TOTAL SHAREHOLDERS EQUITY & LIABILITIES (c) + (d)		36,754,307.83	32,893,276.64	35,401,877.51	31,364,226.59				GROUP		COMPANY
									31.03.2009	31.03.2008	31.03.2009	31.03.2008
							Opening balance
							(01.01.2009 & 01.01.2008 accordingly)		17,928,724.43	16,424,427.79	18,097,171.55	16,424,427.79
	1.4 CASH FLOW STATEMENT						Year's Profit / (loss)
	Amounts expressed in €						after taxes		1,429,119.92	1,580,979.09	1,509,451.01	1,580,979.09
		GROUP		COMPANY			Dividends		0.00	0.00	0.00	0.00
		1.1 to	1.1 to	1.1 to	1.1 to		Net income towards equity		28,081.30	0.00	0.00	0.00
		31.03.2009	31.03.2008	31.03.2009	31.03.2008		Year's end equity
Operating activities							(31.03.2009 & 31.03.2008 accordingly)		19,385,925.65	18,005,406.88	19,606,622.56	18,005,406.88
Profit before tax		1,907,738.30	2,007,015.68	2,013,140.93	2,007,015.68
Increase / Decrease adjustments for:
Depreciation		113,946.94	128,531.40	103,553.24	128,531.40		Notes:
Previsions		16,996.73	0.00	0.00	0.00
Foreign Exchange Differences		-3,265.89	0.00	-3,265.89	0.00	1.	The basic accounting principles applied are consistent with those applied for the balance sheet as at 31/12/2008.
Investing Activities Results (income, expences, profit & loss)		53,464.84	-873.04	5,320.39	-873.04
Interest Expense		86,391.48	99,041.21	78,776.46	99,041.21	2.	During the reported period the subsidiary company COSMOKID ALBANIA LTD, headquarters in Tirana, of wich subsidiary company COSMOKID S.A. has 100% stake, sold off its inventories and now operates through a customer in Albania (please see note 5.2 in the financial statement notes). There were no other buyouts, consolidations, sell-off, secession, or reorganization of any of the company's parts.
Increase / Decrease adjustments for working capital:
Decrease/(increase) in inventories		-1,067,633.99	22,378.60	-938,018.35	22,378.60
Decrease/(increase) in receivables		7,436,716.07	-2,304,717.24	7,638,427.78	-2,304,717.24
(Decrease)/increase in current liabilities (excluding borrowings)		118,079.83	919,421.47	100,552.17	919,421.47	3.	There were no changes in the company's reporting period, therefore all information presented is comparable.
Minus :
Interest Paid		10,651,026.76	10,638,377.03	-78,776.46	10,638,377.03	4.	The Financial Statements are not included in other consolidated financial statements published by other companies. During the reported period the company COSMOKID ALBANIA LTD is not included in Groups consolidated financial statements .
Income taxes paid		0.00	0.00	0.00	0.00
Total cash flows from operating activities (a)		-2,161,375.41	771,756.87	-1,817,707.97	771,756.87	5.	AS COMPANY S.A. has been audited by the tax authorities up to and including the fiscal year 2004 while subsidiary company COSMOKID S.A.was established in 2008 and has not been audited for its first fiscal year (please see note 5.4 in financial statement notes).

Investing Activities						6.	There do not exist any types of arbitration or pending litigation matters that could have a material adverse effect on AS Company S.A. & COSMOKID S.A. financial condition and therefore there do not exist any corresponding provisions. Provisions for the unaudited tax years of AS Company have been made which amount to € 190.000,00 while other provisions for slow moving stock amounting to € 936.163,94 and bad debt provisions amounting to € 631.234,24 have also been incorporated.
Subsidiary		0.00	0.00	0.00	0.00
Purchase of tangible and intangible assets		10,677,895.11	10,657,262.19	10,706,564.41	10,657,262.19
Proceeds from sales of tangible and intangible assets		23,320.86	2,878.10	0.00	2,878.10
Proceeds from sales of securities		0.00	0.00	0.00	0.00
Interest income		1,855.61	8,003.68	0.06	8,003.68	7.	The number of staff employed by the Group and the Company as at the end of the reported period is 74 & 60 and 58 & 58 accordingly at the end of the respective period.
Dividends income		0.00	0.00	0.00	0.00
Total cash flows from ivnesting activities (b)		-34,346.66	-69,274.27	-30,853.77	-69,274.27	8.	During the reported period the amount of € 28.081,30 was reported in Groups equity which correspond to consolidation differences.
Financing activities
Proceeds from increased capital		0.00	0.00	0.00	0.00	9.	In the Groups consolidated financial statements the subsidiary company COSMOKID S.A. is included, with headquarters in Thessaloniki 100% stake, consolidation start date 04.04.2008. In 12.06.2008 subsidiary company COSMOKID S.A. started operations of subsidiary company COSMOKID ALBANIA LTD, with headquarters in Tirana & 100% stake whoes figures were not cosolidated in Groups financial statements during the reported period because the foreign subsidiary sold off its inventories & runs through a customer (please see note 5.8 in the financial statement notes).
Proceeds from borrowings		1,907,365.71	1,164,000.21	1,916,514.25	1,164,000.21
Inflow from Government Programs		69,327.00	0.00	69,327.00	0.00
Borrowings paid		0.00	0.00	0.00	0.00
Payments of leasing liabilities		10,720,534.81	-17,916.69	10,720,534.81	-17,916.69
Dividends paid		0.00	0.00	0.00	0.00	10.	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:
Total cash flows from Financing activities (c)		1,959,809.28	1,146,083.52	1,968,957.82	1,146,083.52
Net increase / (Decrease) in cash
and cash equivalents (a) + (b) + (c)		-235,912.79	1,848,566.12	120,396.08	1,848,566.12				GROUP	COMPANY
Cash and cash equivalents opening balance		931,599.60	1,155,926.46	293,737.10	1,155,926.46		a) Sales of goods and services		0.00	27,130.40
Cash and cash equivalents closing balance		695,686.81	3,004,492.58	414,133.18	3,004,492.58		b) Purchase of goods and services		0.00	7,662.00
							c) Trade debtors		0.00	44,091.66
							d) Liabilities		0.00	16,203.73
							e) Transactions & salaries of managerial staff and the board		149,471.36	126,773.42
							f) Receivables fron managerial staff and the board		0.00	0.00
							g) Liabilities towards managerial staff and te board		11,067.00	11,067.00


					Thessaloniki, May 26th 2009