Admie (IPTO) Holding S.A.

Annual / Quarterly Financial Statement • Apr 8, 2021

ADMIE HOLDING S.A.

DATA AND INFORMATION FOR THE PERIOD FROM 01/01/2020-31/12/2020 (According to article 5 of Law 3556/2007)

(Amounts in thousand € unless otherwise stated)

The following data and information, resulting from the financial statements, aim at a general briefing on the financial position and results of "ADMIE HOLDING SA" .

We therefore advise the reader, before making any investment or other transaction with the company, to refer to the company's web site where the financial statements and auditor's report are posted.
Offices:	Durraxiou 89, Athens	GENERAL INFORMATION OF THE COMPANY
GEMI No:	141287501000		Members of the Board of Directors
Date of approval for the FS from the Board of Directors			Vachtsiavanos Diamantis		Chairman of the BoD
of the Annual Financial Statements (from which the condensed data were drawn):	08/04/2021		Karampelas Ioannis		Chief Executive Officer
Certified Auditor: Audit firm:	S. KOURTIS (Reg. No. 50601), V. PATEROMICHELAKIS (Reg No. 14421) SOL. S.A.		Iliopoulos Panagiotis Zenakou Eleni		Vice Chairman of the BoD Member
Type of audit report:	Unqualified opinion		Angelopoulos Constantinos		Member
Internet web-site:	www.admieholding.gr		Mikas Vasileios		Member
			Drivas Konstantinos Member 1.4 CONDENSED CASH FLOW STATEMENT
1.1 CONDENSED STATEMENT OF FINANCIAL POSITION
	Amounts in thousand €	Amounts in thousand €				Amounts in thousand €	Amounts in thousand €
	31/12/2020	31/12/2019				01/01/2020 - 31/12/2020	01/01/2019 - 31/12/2019
ASSETS
Tangible assets	13	7	Cash flow from operating activities
Right of use asset Intangible assets	19 2	60 4	Profit before tax:			43.164	53.740
Investment that is accounted using the equity method	722.552	704.553	Adjustments for:
Other long-term receivables	-	0	Depreciation of non-current assets			13	5
Other receivables Cash and cash equivalents	20.800 7.026	14.068 8.475	Profit from Participation in Associated Companies (51% IPTO) Financial income			(43.318) (264)	(53.853) (314)
TOTAL ASSETS	750.412	727.169	Financial expenses			2	1
			Other provisions			6	-
EQUITY AND LIABILITIES			Operating profit before working capital changes			(398)	(421)
Share capital	491.616	491.840	(Increase) /decrease in:	Trade and Other receivables		96	1.714
Legal reserve Other reserves	3.124 129.538	1.819 128.615	Increase /(decrease) in: Increase /(decrease) in:	Trade payables Other payables and accrued expenses		330 1	16 61
Retained Earnings	126.030	104.796	Increase /(decrease) in:	Income tax paid		-	-
Total equity (a)	750.308	727.070	Total inputs / (outflows) from operating activities (a)			29	1.370
Other long-term liabilities	18	56
Trade and other liabilities Toral current liabilities (b)	85 104	42 98	Cash flow from investing activities Dividend received from IPTO			26.243	21.827
			Purchase of non-current assets			(10)	(64)
TOTAL EQUITY AND LIABILITIES (a) + (b)	750.412	727.169	Total inflows / (outflows) from investing activities (b)			26.233	21.763
			Cash flow from financing activities
			Own shares acquisition Dividend paid			(224) (6.995)	- (6.333)
			Interim dividend paid			(20.625)	(13.340)
			Finance lease capital paid			(6)	-
1.2 CONDENSED STATEMENT OF COMPREHENSIVE INCOME			Interest paid Interest received from deposit in Bank of Greece			(2) 141	(1) 173
	Amounts in thousand €	Amounts in thousand €	Total inflows / (outflows) from financing activities (c)			(27.711)	(19.502)
	01/01/2020 - 31/12/2020	01/01/2019 - 31/12/2019	Cash and cash equivalents at the beginning of the period		Net increase / (decrease) in cash and cash equivalents (a) + (b) + (c)	(1.449) 8.475	3.632 4.843
			Cash and cash equivalents at the end of the period			7.026	8.475
Revenue	43.321	53.853
Profit before taxes, financing, investment results and total depreciation (EBITDA) Profit before tax	42.915 43.164	53.432 53.740
Net profit for the period	43.164	53.740	Additional data and information
						1.The accounting principles of 2020 are set out in Note 2 of the Annual Financial Report for the period 01/01/2020 - 31/12/2020.
Other comprehensive income for the period Total comprehensive income for the period	923 44.087	120.581 174.321	2. During the current period the average number of employees were 3.
Earning per share - basic (in €)	0,19	0,23			3. There were no other transactions with related parties during the period, apart from those mentioned in Note 22.
1.3 CONDENSED RESTATED STATEMENT OF CHANGES IN EQUITY
Balance as at 01/01/2019	Amounts in thousand € 566.689
Net profit for the period	53.740
Other comprehensive income Dividend paid	120.581 (13.940)
Balance as at 31/12/2019	727.070
Balance as at 01/01/2020 Own shares acquisition	727.070 (224)
Net profit for the period	43.164
Other comprehensive income	924
Dividend paid Balance as at 31/12/2020	(20.625) 750.308
		Athens, 08th April 2021
CHAIRMAN OF THE BOD
		CHIEF EXECUTIVE OFFICER				HEAD OF THE ACCOUNTING DEPARTMENT
D. VACHTSIAVANOS		I. KARAMPELAS				E. MAVROGIANNIS
ID No ΑΒ 251579		ID No AE491340				Licence No 0085923
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