Admie (IPTO) Holding S.A.

Annual / Quarterly Financial Statement • Mar 19, 2019

ADMIE HOLDING S.A. DATA AND INFORMATION FOR THE PERIOD FROM 01/01/2018-31/12/2018

(According to article 4 of Law 3556/2007)

(Amounts in € 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.

GENERAL INFORMATION OF THE COMPANY
Offices:	Durraxiou 89, Athens
GEMI No:	141287501000		Members of the Board of Directors
Date of approval for the FS from the Board of Directors			Zarikou Eleni Chairman
of the Annual Financial Statements (from which the condensed data were drawn): 18/3/2019			Kampouris Ioannis Vice Chairman
Certified Auditor:	S. KOURTIS (Reg. No. 50601), V. TRIMPONIAS (Reg No. 14941)		Nikolouzos Alexandros Member
Audit firm:	SOL. S.A.		Darousos Evaggelos Member
Type of audit report:	Unqualified opinion		Karakatsanis Konstantinos Member
Internet web-site:	www.admieholding.gr
1.1 STATEMENT OF FINANCIAL POSITION	1.4 CASH FLOW STATEMENT
	Amounts in €	Amounts in €		Amounts in €	Amounts in €
ASSETS	31.12.2018	31.12.2017		01.01-31.12.2018	01.02-31.12.2017
Tangible assets	5	5	Cash flow from operating activities
Intangible assets	7	9	Profit before tax:	42.265	23.040
Investment that is accounted using the equity method	550.439	519.572	Adjustments for:
Other long-term receivables	0	561	Depreciation of non-current assets	4	2
Other receivables	9.907	79	Dividends income received	0	-
Cash and cash equivalents	4.843	2.181	Profit from Participation in Associated Companies (51% IPTO)	(42.353)	(24.024)
TOTAL ASSETS	565.201	522.408	Financial income	(156)
			Financial expenses	-	19
EQUITY AND LIABILITIES			Operating profit before working capital changes	(239)	(963)
Share capital	491.840	491.840
Legal reserve	734		Increase /(decrease) in: Trade and Other receivables	(1.056)	(641)
Other reserves	8.034	3.778	Increase /(decrease) in: Trade payables	3	19
Retained Earnings	64.572	23.041
Total equity (a)	565.180	518.659	Total inputs / (outflows) from operating activities (a)	(1.292)	(1.585)
Trade and other liabilities	20	3.749	Cash flow from investing activities
Toral current liabilities (b)	20	3.749	Purchase of non-current assets	(2)	(16)
TOTAL EQUITY AND LIABILITIES (a) + (b)	565.201	522.408	Total inflows / (outflows) from investing activities (b)	(2)	(16)
			Cash flow from financing activities
			Receipt of share capital from PPC S.A.	-	70
			Receipt of loan form PPC S.A	-	831
			Dividends received from associate company( IPTO S.A.)	10.210	-
			Interim dividends received from the associate (IPTO S.A.)	-	3.731
			Dividends paid to the shareholders	(6.300)	-
			Loan repayment to PPC S.A.	-	(831)
1.2 STATEMENT OF COMPREHENSIVE INCOME			Loan interest paid	-	(19)
	Amounts in €	Amounts in €	Interest receipt from Bank of Greece	46	-
			Total inflows / (outflows) from financing activities (c)	3.956	3.782
	01.01-31.12.2018	01.02-31.12.2017	Net increase / (decrease) in cash and cash equivalents (a) + (b) + (c)	2.662	2.181
Revenue	42.353	24.024	Cash and cash equivalents at the beginning of the period	2.181	-
Profit before taxes, financing, investment results and total depreciation	42.114	23.051	Cash and cash equivalents at the end of the period	4.843	2.181
Profit before tax	42.265	23.040
Net profit for the period	42.265	23.040
Other comprehensive income for the period	4.256	3.778
Total comprehensive income for the period	46.522	26.818
Earning per share - basic (in €)	0,20	0,12	Additional data and information
			1.The accounting principles of 2018 are set out in note 2.5 of the Interim Financial Report.
			2. During the current period the average number of employees were 3.
			3. There were no transactions with related parties during the period.
1.3 STATEMENT OF CHANGES IN EQUITY
	Amounts in
	thousand €
Balance as at 01.02.2017	-
Initial Share capital (IPTO 51%) Cash	70
Contribution in kind	491.770
Net profit for the period	23.041
Other comprehensive income	3.778
Balance as at 31.12.2017	518.659
Balance as at 01.01.2018	518.659
Net profit for the period	42.265
Other comprehensive income	4.256
Balance as at 31.12.2018	565.180
Athens , 18 March 2019
CHAIRMAN OF THE BOD		VICE CHAIRMAN
			HEAD OF THE ACCOUNTING DEPARTMENT
			Κ. Μ. VIZA
			Licence No A0100864
E. ZARIKOU		I KAMPOURIS
ID No :F135240		ID No:ΑΙ036584
			PricewaterhouseCoopers
			Accounting S.A.
			Accounting Office License No:

1494