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Plaisio Computers S.A.

Quarterly Report Oct 5, 2015

2688_10-q_2015-10-05_4eb1a515-68ae-4681-b951-84cda1149d53.pdf

Quarterly Report

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PLAISIO COMPUTERS S.A.

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
BALANCE SHEET STATEMENT (consolidated and for the parent company) 30.09.2007 CONSOLIDATED
31.12.2006
30.09.2007 THE COMPANY
31.12.2006
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
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
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
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
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
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
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
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.

  1. all the fundamental accounting principles and estimates of the financial statements of December 31st 2006 have been observed in the abovementioned interim financial statements.

  2. 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
  1. The employed personnel of the company at 30/09/07 was 1.174 employees and for the group 1.216 employees while at 30/09/06 the employee for the company were 992 and for the group 1.031. 6. The equivalent of the % participation in the company Plaisio Computers JSC is 100% and as a result in the consolidated figures of the income statement, there are no minority interests. 7. The inter-company transaction according to IAS 24 are as follows:
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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