Avax S.A.
ISIN: GRS213213002 | Ticker: AVAX | LEI: 213800ZU3OTKF9M41394
Country: Greece
Avax Group is one of the largest construction groups in Greece, with a long track record of successful projects, signature and infrastructure works, company growth, contribution to the Greek economy, and acclaimed status in international markets.
AVAX Group has been listed on the Athens Stock Exchange since 1994 and has an exceptional track record. Its development plan is based on the business pillars of construction, concessions and energy.
AVAX Group has consistently invested in concession contracts, building a robust portfolio in transport infrastructures, car parks, marinas and school buildings.
Present in the constantly evolving energy sector, the Group has significant experience and know-how in natural gas transportation, distribution and storage facility networks and regularly invests in energy and industrial projects such as power plants, liquefied gas terminals, refineries and petrochemicals, as well as in environmental projects.
1986
Served areaGreece
HeadquartersAmarousiou-Halandriou Str. 16, 15125 Marousi – Greece
| Line item in (eur) | 02.01.2020 | 01.01.2021 | 02.01.2021 | 01.01.2022 | 02.01.2022 | 01.01.2023 |
|---|---|---|---|---|---|---|
| Assets | N/A | 1,210,975,258.00 | N/A | 1,196,437,265.00 | N/A | 1,076,468,668.00 |
| Noncurrent Assets | N/A | 598,471,696.00 | N/A | 487,147,989.00 | N/A | 464,303,657.00 |
| Property Plant And Equipment | N/A | 123,261,026.00 | N/A | 48,455,785.00 | N/A | 41,704,343.00 |
| Investment Property | N/A | 12,523,237.00 | N/A | 12,855,237.00 | N/A | 11,537,697.00 |
| Intangible Assets Other Than Goodwill | N/A | 7,123,148.00 | N/A | 632,099.00 | N/A | 455,341.00 |
| Investments In Subsidiaries Joint Ventures And Associates | N/A | 237,286,385.00 | N/A | 220,347,431.00 | N/A | 163,296,727.00 |
| Other Noncurrent Receivables | N/A | N/A | N/A | N/A | N/A | 158,922.00 |
| Deferred Tax Assets | N/A | 23,838,046.00 | N/A | 21,718,282.00 | N/A | 22,765,426.00 |
| Other Noncurrent Financial Assets | N/A | 103,992,642.00 | N/A | 120,064,112.00 | N/A | 132,176,387.00 |
| Other Noncurrent Nonfinancial Assets | N/A | 6,892,876.00 | N/A | 6,321,762.00 | N/A | 6,652,235.00 |
| Noncurrent Restricted Cash And Cash Equivalents | N/A | 20,000,000.00 | N/A | 0.00 | N/A | N/A |
| Other Noncurrent Assets | N/A | 0.00 | N/A | 0.00 | N/A | N/A |
| Inventories | N/A | 39,561,001.00 | N/A | 25,752,279.00 | N/A | 21,319,764.00 |
| Trade And Other Current Receivables | N/A | 161,936,919.00 | N/A | 149,013,317.00 | N/A | 150,262,678.00 |
| Other Current Receivables | N/A | N/A | N/A | 104,163,361.00 | N/A | 120,257,888.00 |
| Other Current Nonfinancial Assets | N/A | 168,581,911.00 | N/A | 104,163,361.00 | N/A | N/A |
| Cash and cash equivalents | 71,052,312.00 | 50,517,050.00 | 50,517,050.00 | 100,213,340.00 | 109,609,151.00 | 84,762,051.00 |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 612,503,562.00 | N/A | 559,035,546.00 | N/A | 527,103,795.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 0.00 | N/A | 0.00 | N/A | 0.00 |
| Current Restricted Cash And Cash Equivalents | N/A | 32,745,107.00 | N/A | 13,877,484.00 | N/A | 1,863,839.00 |
| Equity And Liabilities | N/A | 1,210,975,258.00 | N/A | 1,196,437,265.00 | N/A | 1,076,468,668.00 |
| Equity | 78,259,053.00 | 92,023,785.00 | 92.02 | 110,418,015.00 | 110,418,014.00 | 154,910,268.00 |
| Issued Capital | N/A | 43,296,455.00 | N/A | 43,296,455.00 | N/A | 43,296,455.00 |
| Retained Earnings | N/A | -366,486,368.00 | N/A | -449,462,743.00 | N/A | -468,878,716.00 |
| Share Premium | N/A | 146,651,671.00 | N/A | 146,651,671.00 | N/A | 146,651,671.00 |
| Other Reserves | N/A | 24,491,296.00 | N/A | 34,699,549.00 | N/A | 39,959,784.00 |
| Equity Attributable To Owners Of Parent | N/A | 78,198,799.00 | N/A | 96,225,982.00 | N/A | 154,006,180.00 |
| Noncontrolling Interests | N/A | 13,824,986.00 | N/A | 14,192,033.00 | N/A | 904,088.00 |
| Liabilities | N/A | 1,118,951,473.00 | N/A | 1,086,019,250.00 | N/A | 921,558,400.00 |
| Noncurrent Liabilities | N/A | 574,330,515.00 | N/A | 438,863,543.00 | N/A | 344,906,454.00 |
| Noncurrent Provisions For Employee Benefits | N/A | 4,339,509.00 | N/A | 4,611,166.00 | N/A | 3,176,294.00 |
| Other Longterm Provisions | N/A | 35,886,137.00 | N/A | 36,656,832.00 | N/A | 31,060,801.00 |
| Deferred Tax Liabilities | N/A | 23,375,865.00 | N/A | 14,433,368.00 | N/A | 18,046,950.00 |
| Current Liabilities | N/A | 544,620,958.00 | N/A | 647,155,706.00 | N/A | 576,651,947.00 |
| Trade And Other Current Payables | N/A | 421,289,233.00 | N/A | 376,214,343.00 | N/A | 404,976,544.00 |
| Current Tax Liabilities Current | N/A | 18,487,254.00 | N/A | 6,885,329.00 | N/A | 12,024,704.00 |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 544,620,958.00 | N/A | 498,815,950.00 | N/A | 514,239,827.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 0.00 | N/A | 148,339,756.00 | N/A | 62,412,120.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 462,735,572.00 | 592,214,529.00 | 402,709,185.00 |
| Other Gains Losses | 4,255.00 | 3,143,451.00 | 11,571,596.00 |
| Profit Loss From Operating Activities | 31,420,670.00 | 22,228,120.00 | 39,287,329.00 |
| Finance Costs | 24,280,732.00 | 22,254,347.00 | 20,744,154.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 21,833,452.00 | 31,217,425.00 | 47,438,939.00 |
| Profit Loss Before Tax | 2,890,226.00 | 13,554,076.00 | -46,333,839.00 |
| Income Tax Expense Continuing Operations | -3,334,880.00 | -2,033,663.00 | 5,626,864.00 |
| Profit Loss From Continuing Operations | 10,474,818.00 | 2,007,435.00 | 12,916,312.00 |
| Profit Loss From Discontinued Operations | -4,407,914.00 | -14,400,002.00 | N/A |
| Profit (loss) | 6,066,904.00 | -12,392,567.00 | 39,882,520.00 |
| Profit Loss Attributable To Owners Of Parent | 5,662,224.00 | -14,058,962.00 | 38,109,722.00 |
| Profit Loss Attributable To Noncontrolling Interests | 404,680.00 | 1,666,395.00 | 1,772,798.00 |
| Line item in (eur) | 01.01.2021 | 02.01.2020 | 01.01.2022 | 02.01.2021 | 01.01.2023 | 02.01.2022 |
|---|---|---|---|---|---|---|
| Profit (loss) | 6,066,904.00 | N/A | -12,392,567.00 | N/A | 39,882,520.00 | N/A |
| Adjustments For Decrease Increase In Inventories | -20,465,451.00 | N/A | 13,808,721.00 | N/A | 5,680,928.00 | N/A |
| Adjustments For Increase Decrease In Trade Account Payable | 16,597,996.00 | N/A | 29,391,332.00 | N/A | -28,481,322.00 | N/A |
| Adjustments For Depreciation And Amortisation Expense | 10,289,160.00 | N/A | 11,114,108.00 | N/A | 6,138,800.00 | N/A |
| Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 179,622.00 | N/A | -517,000.00 | N/A | -289,300.00 | N/A |
| Adjustments For Provisions | 17,778,898.00 | N/A | 16,277,497.00 | N/A | 7,509,176.00 | N/A |
| Adjustments For Unrealised Foreign Exchange Losses Gains | -108,762.00 | N/A | -775,881.00 | N/A | -566,203.00 | N/A |
| Other Adjustments For Noncash Items | -3,270,673.00 | N/A | -578,617.00 | N/A | 543,496.00 | N/A |
| Other Adjustments For Which Cash Effects Are Investing Or Financing Cash Flow | -31,251,094.00 | N/A | -31,217,424.00 | N/A | -41,875,396.00 | N/A |
| Other Adjustments To Reconcile Profit Loss | -7,197,013.00 | N/A | -6,086,667.00 | N/A | -6,278,203.00 | N/A |
| Cash Flows From Used In Operations | -69,922,764.00 | N/A | 53,539,820.00 | N/A | 13,056,414.00 | N/A |
| Interest Paid Classified As Operating Activities | 25,299,153.00 | N/A | -24,695,492.00 | N/A | -22,218,618.00 | N/A |
| Interest Received Classified As Operating Activities | 404,352.00 | N/A | -491,024.00 | N/A | -2,739,030.00 | N/A |
| Income Taxes Paid Refund Classified As Operating Activities | -207,904.00 | N/A | 4,563,585.00 | N/A | 5,444,371.00 | N/A |
| Other Inflows Outflows Of Cash Classified As Operating Activities | 108,762.00 | N/A | 775,881.00 | N/A | N/A | N/A |
| Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | N/A | 0.00 | N/A | 54,395,827.00 | N/A |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | 36,935,577.00 | N/A | 4,555,434.00 | N/A | 1,165,058.00 | N/A |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | 49,943,518.00 | N/A | 6,107,509.00 | N/A | 4,278,011.00 | N/A |
| Proceeds From Other Longterm Assets Classified As Investing Activities | 0.00 | N/A | 185,000.00 | N/A | 500,000.00 | N/A |
| Dividends Received Classified As Investing Activities | 31,251,094.00 | N/A | 25,124,926.00 | N/A | 40,014,273.00 | N/A |
| Interest Received Classified As Investing Activities | 404,352.00 | N/A | 491,024.00 | N/A | 253,255.00 | N/A |
| Other Inflows Outflows Of Cash Classified As Investing Activities | 7,197,013.00 | N/A | 6,086,667.00 | N/A | 6,448,480.00 | N/A |
| Cash Flows From Used In Investing Activities | 36,749,565.00 | N/A | 75,057,741.00 | N/A | 104,367,544.00 | N/A |
| Proceeds From Issuing Shares | 20,000,000.00 | N/A | 0.00 | N/A | N/A | N/A |
| Payments Of Other Equity Instruments | 0.00 | N/A | 1,026,000.00 | N/A | N/A | N/A |
| Repayments Of Borrowings Classified As Financing Activities | N/A | N/A | 58,411,339.00 | N/A | 135,648,468.00 | N/A |
| Payments Of Lease Liabilities Classified As Financing Activities | 1,572,685.00 | N/A | 5,674,552.00 | N/A | 5,526,171.00 | N/A |
| Proceeds From Government Grants Classified As Financing Activities | 786,900.00 | N/A | 0.00 | N/A | N/A | N/A |
| Interest Paid Classified As Financing Activities | 22,633,299.00 | N/A | 21,827,747.00 | N/A | 19,257,000.00 | N/A |
| Cash Flows From Used In Financing Activities | -3,648,804.00 | N/A | -89,936,883.00 | N/A | -162,859,359.00 | N/A |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | -36,822,003.00 | N/A | 32,276,624.00 | N/A | -19,903,369.00 | N/A |
| Cash and cash equivalents | 50,517,050.00 | 71,052,312.00 | 100,213,340.00 | 50,517,050.00 | 84,762,051.00 | 109,609,151.00 |
Please note that some sums might not add up.
GRS213213002
LEI213800ZU3OTKF9M41394
SectorATHEX Composite
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