Quarterly Report • Oct 5, 2015
Quarterly Report
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LEDGER NUMBER 16601/06/Β/88/13 REGISTERED ADDRESS: 5 Favierou str. 14452 Metamorphosi Athens
Financial data and Information, Consolidated and for the Company, for the period 1st of January 2007 - 30th of September 2007
(publiced according to the decision 2/396/31.08.2006 of the Hellenic Capital Market Commission) (Amounts in thousand €)
The following data and information aim at providing general information on the financial standing and the financial results of PLAISIO COMPUTERS S.A. We therefore, recommend the reader, before proceeding to any kind of investment or other transaction with the company, to look to the company's wed address www.plaisio.gr, where all interim financial statements according to the International Financial Reporting Standards and the auditor's report, when it is required, are prese COMPANY'S PROFILE
Full name: PLAISIO COMPUTERS S.A. Establishment date: 2nd of February 1988
Supervising authority: Ministry of Development VAT number: EL094222211
Board of Director's composition: George K. Gerardos (B.O.D. President & Managing Director), Konstantinos G. Gerardos (Vice President), Eleni Sampson (Member), George Ch. Liaskas (Member), Nikolaos K. Tsiros (Member), Antiopi-Anna Mavrou (Member) Cash flow statement method: Indirect method
| The following financial statements have been approved from the Board of Directors on the 19th of October 2007. Company's web address: www.plaisio.gr |
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|---|---|---|---|---|---|---|---|---|
| BALANCE SHEET STATEMENT (consolidated and for the parent company) | 30.09.2007 | CONSOLIDATED 31.12.2006 |
30.09.2007 | THE COMPANY 31.12.2006 |
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| ASSETS | ||||||||
| Non-current assets Inventories |
26.193 44.723 |
22.111 42.803 |
26.800 43.776 |
22.837 41.410 |
||||
| Trade receivables | 32.407 | 31.569 | 34.363 | 33.658 | ||||
| Other receivables | 4.884 | 2.729 | 4.866 | 2.694 | ||||
| Cash and cash equivalents TOTAL ASSETS |
6.068 114.275 |
7.625 106.837 |
5.872 115.677 |
7.468 108.067 |
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| CAPITAL & LIABILITIES | ||||||||
| Long term liabilities | 13.550 | 850 | 13.550 | 916 | ||||
| Short term bank loans | 3.000 | 9.217 | 3.000 | 9.217 | ||||
| Other short term liabilities Total Liabilities (a) |
50.325 66.875 |
48.706 58.773 |
50.044 66.594 |
48.496 58.629 |
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| Share capital | 7.066 | 7.066 | 7.066 | 7.066 | ||||
| Additional paid-in capital and reserves | 40.334 | 40.998 | 42.017 | 42.372 | ||||
| Total equity attributable to equity holders (b) Minority rights (c) |
47.400 0 |
48.064 0 |
49.083 | 49.438 | ||||
| Total net equity (d) = (b) + (c) | 47.400 | 48.064 | 49.083 | 49.438 | ||||
| TOTAL CAPITAL & LIABILITIES (e) = (a) + (d) | 114.275 | 106.837 | 115.677 | 108.067 | ||||
| INCOME STATEMENT (consolidated and for the parent company) | CONSOLIDATED | THE COMPANY | ||||||
| current period | comparable period | current period | comparable period | current period | comparable period | current period | comparable period | |
| 01.01-30.09.2007 | 01.01-30.09.2006 | 01.07-30.09.2007 | 01.07-30.09.2006 | 01.01-30.09.2007 | 01.01-30.09.2006 | 01.07-30.09.2007 | 01.07-30.09.2006 | |
| Turnover Gross profit/(loss) |
264.009 48.878 |
214.417 40.881 |
87.126 16.090 |
68.667 13.935 |
262.205 48.367 |
213.494 40.570 |
86.551 15.873 |
68.388 13.835 |
| Profit/(loss) before taxes, financing and investing activities | 9.227 | 6.814 | 3.293 | 2.485 | 9.575 | 7.386 | 3.413 | 2.647 |
| Profit/(loss) before taxes, financing, investing activities, depreciation and amortization | 11.707 | 9.829 | 4.057 | 3.537 | 11.995 | 10.342 | 4.156 | 3.679 |
| Profit/(loss) before taxes | 7.471 | 5.838 | 2.623 | 2.065 | 7.784 | 6.355 | 2.750 | 2.205 |
| Less taxes Profit/(loss) after taxes |
2.173 5.298 |
2.118 3.720 |
756 1.867 |
696 1.369 |
2.177 5.607 |
2.204 4.151 |
756 1.994 |
720 1.485 |
| Distributed to: | ||||||||
| Company's shareholders | 5.298 | 3.720 | 1.867 | 1.369 | 5.607 | 4.151 | 1.994 | 1.485 |
| Minority rights | 0 | 0 | 0 | 0 | ||||
| Earnings per share - basic (after taxes) in € | 0,24 | 0,17 | 0,08 | 0,06 | 0,25 | 0,19 | 0,09 | 0,07 |
| STATEMENT OF CHANGES IN NET EQUITY (consolidated and for the parent company) | CONSOLIDATED | THE COMPANY | ||||||
| 30.09.2007 | 30.09.2006 | 30.09.2007 | 30.09.2006 | |||||
| Equity balance at the beginning of the year (01.01.2007 and 01.01.2006 respectively) | 48.064 | 47.251 | 49.438 | 47.960 | ||||
| Net income (loss) for the year, after taxes Increase/(decrease) of share capital |
5.298 0 |
3.720 0 |
5.607 0 |
4.151 0 |
||||
| Distributed dividends | -5.962 | -5.520 | -5.962 | -5.520 | ||||
| Net income recognized directly in net equity | 0 | 0 | 0 | 0 | ||||
| Acquisition (sale) of own shares Equity balance at the end of the year (30.09.2007 and 30.09.2006 respectively) |
0 47.400 |
0 45.451 |
0 49.083 |
0 46.591 |
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| CASH FLOW STATEMENT (consolidated and for the parent company) | CONSOLIDATED | THE COMPANY | ||||||
| 01.01-30.09.07 | 01.01-30.09.06 | 01.01-30.09.07 | 01.01-30.09.06 | |||||
| Operating Activities | ||||||||
| Profits before taxes | 7.471 | 5.838 | 7.784 | 6.355 | ||||
| Plus/less adjustments for: Depreciation/amortization |
2.480 | 3.015 | 2.420 | 2.957 | ||||
| Provisions | 55 | -284 | 105 | -284 | ||||
| Exchange differences | -37 | 6 | -37 | 6 | ||||
| Results (income, expenses, profit and loss) from investing activities Interest expenses and related costs |
-40 1.833 |
-57 1.044 |
0 1.791 |
0 1.030 |
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| Plus/less adjustments for changes in working capital or related to operating activities: | ||||||||
| Decrease/(increase) in inventories | -1.921 | 2.189 | -2.365 | 2.282 | ||||
| Decrease/(increase) in receivables (Decrease)/increase in liabilities (except for banks) |
-2.158 2.158 |
-909 -427 |
-2.044 2.087 |
-1.375 -416 |
||||
| Less: | ||||||||
| Interest charges and related expenses paid | -1.942 | -1.355 | -1.932 | -1.348 | ||||
| Paid taxes Total inflows / (outflows) from operating activities (a) |
-4.282 3.617 |
-1.462 7.598 |
-4.282 3.527 |
-1.462 7.745 |
||||
| Investing Activities | ||||||||
| Acquisition of subsidiaries, affiliated companies, joint-ventures and other investments | 0 | -123 | 0 | -123 | ||||
| Purchase of tangible and intangible fixed assets | -5.739 | -2.990 | -5.720 | -2.987 | ||||
| Earnings from sales of tangible and intangible fixed assets and other investments Received interest |
1 316 |
8 311 |
1 312 |
8 308 |
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| Received dividends | 1 | 0 | 37 | 10 | ||||
| Total inflows / (outflows) from investing activities (b) | -5.421 | -2.794 | -5.370 | -2.784 | ||||
| Financing Activities | ||||||||
| Proceeds from share capital increase Proceeds from issued loans |
0 21.924 |
0 14.959 |
0 21.924 |
0 14.959 |
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| Payments of loans | -15.715 | -14.029 | -15.715 | -14.029 | ||||
| Payments of financial leasing liabilities (capital installments) | 0 | 0 | 0 | 0 | ||||
| Dividends paid Total inflows / (outflows) from financing activities © |
-5.962 247 |
-5.520 -4.590 |
-5.962 247 |
-5.520 -4.590 |
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| Net increase / (decrease) in cash and cash equivalents for the period (a) + (b) + (c) | -1.557 | 214 | -1.596 | 371 | ||||
| Cash and cash equivalents at the beginning of the period | 7.625 | 4.371 | 7.468 | 4.072 | ||||
| Cash and cash equivalents at the end of the period | 6.068 | 4.585 | 5.872 | 4.443 | ||||
Additional data and information: 1. There are no mortgages on the company's and the group's fixed assets. 2. There are no matters disputed by law or under arbitration, neither decisions of judges or arbitrators, which may have significant repercussions on the compan
financial operation.
all the fundamental accounting principles and estimates of the financial statements of December 31st 2006 have been observed in the abovementioned interim financial statements.
The group's structure as well as the consolidation method are as follows:
| Company | Participation percentage % |
Consolidation method | Company's address | Unaudited tax periods | Relationship with the parent company |
|---|---|---|---|---|---|
| Plaisio Computers SA | Parent company | Parent company | 5 Favierou str., 14452 Metamorphosi Athens | 2006 | Parent |
| Plaisio Computers JSC | 100% | Total consolidation | Angel Kantcef 5, Sofia Bulgaria | 2004-2005-2006 | Direct |
| Plaisio Estate JSC | 20% | Net Equity consolidation Angel Kantcef 5, Sofia Bulgaria | 2004-2005-2006 | Direct | |
| Plaisio Estate SA | 20% | Net Equity consolidation 88 Vas. Othonos str., 14561 Kifissia Athens | 2003-2004-2005-2006 | Direct | |
| Elnous SA | 24% | Net Equity consolidation 102 Kapodistriou str., 14235 N.Ionia Athens | - | Direct |
| Inter-company transactions | 30/9/2007 | ||
|---|---|---|---|
| (amounts in thousands @) | Consolidated | The Company | |
| Sales of goods and services | 2.243 | ||
| Purchases of goods and services | 1.019 | 928 | |
| Receivables from related parties | 2.133 | ||
| Payables to related parties | 34 | 34 | |
| Compensation of key managers and members of the Board of Directors | 552 | 552 | |
| Receivables from key managers and members of the Board of Directors | 52 | 52 | |
| Liabilities to key managers and members of the Board of Directors |
THE PRESIDENT OF THE B.O.D.
Athens, 22/10/2007
& MANAGING DIRECTOR THE VICE PRESIDENT OF THE B.O.D. THE FINANCIAL DIRECTOR
GEORGE K. GERARDOS KONSTANTINOS G. GERARDOS FILIPPOS A. KARAGOUNIS Α.Δ.Τ. Ν 318959 Α.Δ.Τ. AE 632801 Α.Δ.Τ Π. 706801
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