G.A.P. Vassilopoulos Public Ltd

			2012		2011
	Ongoing activities/Non-ongoing	activities €	Total €	Ongoing activities €	Non-ongoing activities €	Totalο €
G.A.P. Vassilopoulos Public Limited Income Cost of services	52.077.499 (43.491.681)	9.623.984 (9.527.507)	61.701.483 (53.019.188)	56.893.279 (47.729.397)	11.892.830 (11.655.989)	68.786.109 (59.385.386)
Gross profit	8.585.818		8.682.295	9.163.882		9.400.723
Administrative, selling and distribution expenses Other profits/(losses) - net		96.477			236.841
	(7.611.218)	(173.836)	(7.785.054)	(8.555.923)	(285.146)	(8.841.069)
	511.275		511.275	(1.673)		(1.673)
		-			-
Profit/(loss) from operations	1.485.875	(77.359)	1.408.516	606.286	(48.305)	557.981
Finance income Finance cost	321.732 (1.259.646)	(26.015)	321.732 (1.285.661)	319.685 (1.159.527)	292 (89.278)	319.977 (1.248.805)
Net exchange losses	(52.419)		(52.419)	(148.815)		(148.815)
Finance cost - net		(26.015)			(83.986)
Share of net profit of assoiated companies	(990.333)		(1.016.348)	(988.657)		(1.077.643)
	467.665		467.665	216.839		216.839
Profit (loss) before taxation Taxation	963.207 20.424	(103.374)	859,833 20.424	(165.532) (231.247)	(137.291) (29)	(302.823) (231.276)
Profit/(loss) for the year	983.631	(103.374)	880,257	(396.779)	(137.320)	(534.099)
Attributable to: Shareholders Minority interest	54.679 9 2 8.952	(103.374)	(48.695) 928.952	(1.509.281) 1.112.502	(137.320)	(1.646.601) 1.112.502
	983.631	(103.374)	880.257	(396.779)	(137.320)	(534.099)
Loss per share attributable to shareholders (cents): Basic and fully diluted	(0,14)		(0,13)	(3,89)		(4,25)

G.A.P. Vassilopoulos Public Limited

Assets	2012 €	2011 €
Non curent assets Property, plant and equipment Intangible assets Investments in associated companies	15.819.888 1.697.968	16.445.298 1.741.430 216.840
Financial assets available for sale
	701.505	17.086
	17.086
	18.236.447	18.420.654
Current assets	18.898	454.401
Stock	17.620.506	15.534.618
Trade and other debtors Cash available and equivalent	6.527.269	8.942.445
	24.166.693	24.931.464
Total assets	42.403.120	43.352.118
Equity and liabilities	6.587.540	6.587.540
Capital and reserves	33.332	33.332
Share capital Difference from conversion of caoital in euros	2.267.955 3.235.395	2.201.828 3.311.373
Other reserves Retained profits
Minority fees	12.124.222	12.134.073
	2.708.774	2.414.377
Total equity	14.832.996	14.548.450
Non short term liabilities	5.630.371	6.216.741
Borrowing	950.957	945.602
Deferred tax liabilities Liabilities of associated company	316.134	-
	6.897.462	7.162.343
Short term liabilities	10.419.464	11.448.535
Trade and other creditors	199.584	534.142
Current tax liabilities	9.711.382	9.271.870
Borrowing Provisions and other liabilities	342.232	386.778
	20.672.662	21.641.325
Total liabilities	27.570.124	28.803.668
Total equity and liabilities	42.403.120	43.352.118