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Plaisio Computers S.A.

Interim / Quarterly Report Sep 24, 2015

2688_10-q_2015-09-24_1080d4fc-042f-4fd1-a6a9-3fc943c39c36.pdf

Interim / Quarterly Report

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PLAISIO COMPUTERS COMMERCE OF COMPUTERS AND OFFICE SUPPLIES 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 2008 - 30th of September 2008 (publiced according to the decision 6/448/10.10.2007 of the Hellenic Capital Market Commission)

The following data and information that come out of the financial reports aim at providing general information on the financial standing and the financial results of PLAISIO COMPUTERS S.A. We therefore, recommend to the reader, before proceeding to any kind of investment or other transaction with the company, to look to the web address of the company, where all interim financial statements according to the International Financial Reporting Standards and the auditor's report, when it is required, are presented.

Web Address: www.plaisio.gr

The following financial statements have been approved from the Board of Directors on the 22nd of October 2008.

BALANCE SHEET STATEMENT (consolidated and for the parent company
(Amounts in Thousand€)
CONSOLIDATED THE COMPANY
ASSETS 30.09.2008 31.12.2007 30.09.2008 31.12.2007
Tangible assets
Investments in Property
35.336
0
26.152
0
35.233
0
26.001
0
Intangible assets
Other non current assets
764
4.206
411
3.659
762
4.903
402
4.411
Inventories 56.942 63.524 55.682 62.359
Trade receivables
Other current assets
39.048
6.527
38.156
7.549
41.503
6.487
40.409
7.530
Other non Current Assets, intended for sale 0 0 0 0
Cash and cash equivalents
TOTAL ASSETS
4.959
147.782
8.495
147.946
4.677
149.247
8.287
149.399
NET EQUITY & LIABILITIES
Share capita
Additional paid-in capital and reserve
7.066
42.068
7.066
44.892
7.066
43.877
7.066
46.655
Total equity attributable to equity holders (a 49.134 51.958 50.943 53.721
Minority rights (b)
Total net equity (c) = (a) + (b)
0
49.134
0
51.958
50.943 53.721
Long term bank liabilities
Provisions and other long term liabilitie
12.426
1.355
12.426
1.114
12.426
1.355
12.426
1.114
Short term bank liabilities 23.510 509 23.510 509
Other short term liabilities
Liabilities that refer to non current assets intended for sale
61.357
0
81.940
0
61.012
0
81.630
0
Total liabilities (d)
TOTAL NET EQUITY & LIABILITIES (e) = (a) + (d)
98.648
147.782
95.989
147.946
98.304
149.247
95.679
149.399
INCOME STATEMENT (consolidated and for the parent company
(Amounts in Thousand €)
THE GROUP THE GROUP THE COMPANY THE COMPANY
current period
01.01-30.09.2008
comparable period
01.01-30.09.2007
current period
01.07-30.09.2008
comparable period
01.07-30.09.2007
current period
01.01-30.09.2008
comparable period
01.01-30.09.2007
current period
01.07-30.09.2008
comparable period
01.07-30.09.2007
Turnover
Gross profit/(loss)
295.851
56.155
264.009
48.878
92.894
17.487
87.126
16.090
293.466
55.160
262.205
48.367
92.068
17.130
86.551
15.873
Profit/(loss) before taxes, financing and investing activitie 8.028 9.227 1.138 3.293 8.090 9.575 1.159 3.413
Profit/(loss) before taxes
Less taxes
5.468
1.668
7.471
2.173
140
103
2.623
756
5.514
1.668
7.784
2.177
182
104
2.750
756
Profit/(loss) after taxes 3.800 5.298 37 1.867 3.846 5.607 78 1.994
Distributed to:
Company's shareholders
Minority rights
3.800
0
5.298
0
37
0
1.867
0
3.846
-
5.607
-
78
-
1.994
-
Earnings per share - basic (after taxes) in€ 0,1721 0,2399 0,0017 0,0846 0,1742 0,2539 0,0035 0,0903
Profit/(loss) before taxes, financing, investing activities, depreciation and
amortization
10.489 11.707 2.123 4.057 10.494 11.995 2.127 4.156
STATEMENT OF CHANGES IN NET EQUITY (consolidated and for the parent company) CONSOLIDATED THE COMPANY
(Amounts in Thousand€) 30.09.2008 30.09.2007 30.09.2008 30.09.2007
Equity balance at the beginning of the year (01.01.2008 and 01.01.2007
respectively)
51.958 48.064 53.721 49.438
Net income (loss) for the year, after taxes
Increase/(decrease) of share capita
3.800
55.758
5.298
53.362
3.846
57.567
5.607
55.045
0 0 0 0
Distributed dividends
Net income recognized directly in net equit
-6.624
0
-5.962
0
-6.624
0
-5.962
0
Acquisition (sale) of own shares
Equity balance at the end of the year (30.09.2008 and 30.09.2007 respectively)
0
49.134
0
47.400
0
50.943
0
49.083
CASH FLOW STATEMENT (consolidated and for the parent company CONSOLIDATED THE COMPANY
Method of completion: Indirect Method, (Amounts in Thousand€) 01.01-30.09.2008 01.01-30.09.2007 01.01-30.09.2008 01.01-30.09.2007
Operating Activities
Profits before taxes
5.468 7.471 5.514 7.784
Plus/less adjustments for:
Depreciation/amortization
Devaluation of Tangible and intangible asset
2.461
0
2.480
0
2.405
0
2.420
0
Provisions
Exchange differences
45
42
55
-37
77
42
105
-37
Results (income, expenses, profit and loss) from investing activitie -31 -40 0 0
Interest expenses and related costs
Plus/less adjustments for changes in working capital or related to operating
2.640 1.833 2.576 1.791
activities:
Decrease/(increase) in inventories
6.581 -1.921 6.677 -2.365
Decrease/(increase) in receivables 976 -2.158 786 -2.044
(Decrease)/increase in liabilities (except for banks
Less:
-19.716 2.158 -19.796 2.087
Interest charges and related expenses pai -2.878 -1.942 -2.855 -1.932
Paid taxes
Total inflows / (outflows) from operating activities (a)
-3.962
-8.374
-4.282
3.617
-3.917
-8.491
-4.282
3.527
Investing Activities
Acquisition of subsidiaries, affiliated companies, joint-ventures and other
0 0 0 0
investments
Purchase of tangible and intangible fixed asset
Earnings from sales of tangible and intangible fixed assets and other
-11.998
7
-5.739
1
-11.997
7
-5.720
1
investments
Received interest
Received dividends
452
0
316
1
446
48
312
37
Total inflows / (outflows) from investing activities (b)
Financing Activities
-11.539 -5.421 -11.496 -5.370
Proceeds from share capital increase 0 0 0 0
Payments for share capital decrease
Proceeds from issued loans
0
24.000
0
21.924
0
24.000
0
21.924
Payments of loans -999 -15.715 -999 -15.715
Payments of financial leasing liabilities (capital installment
Dividends paid
0
-6.624
0
-5.962
0
-6.624
0
-5.962
Total inflows / (outflows) from financing activities ©
Net increase / (decrease) in cash and cash equivalents for the period (a) +
16.377
-3.536
247
-1.557
16.377
-3.610
247
-1.596
(b) + (c)
Cash and cash equivalents at the beginning of the period
Cash and cash equivalents at the end of the period
8.495
4.959
7.625
6.068
8.287
4.677
7.468
5.872
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 have or may have significant repercussions on the company's or the group's financial operation. The amount of the provision for any matters disputed by law or arbitration on 30/09/2008 amounts for the company to 0 euro and for the group to 0 euro. The un-audited tax periods of the parent company, as well as from the companies that are included in the consolidated financial statements, are presented in the note no 3.20 of the financial statements of the period. The provision for un-audited tax periods for the group and for the company is 774 th euro cumulatively for the company as well as the group, while the total amount for the provisions is 1.362 th euro for the company and 1.362 th euro for the group as it is analysed in note 3.16 of the financial statements (other provisions 588 th. € and provisions for un-audited periods 774 th. € for the company and for the group) 3. All the accounting principles and estimates of the financial statements of December 31st 2007 have been observed in the

abovementioned interim financial statements. 4. The companies of the group with the relevant names and addresses, the percentages with which the group participates in the Share capital ans the method of consolidation that are consolidated on the above mentioned interim financial statements are presented in notes 2.2, 3.2, 3.3 of the financial statements.

  1. The Shareholders' meeting of the company elnous s.a., on june 25th 2008 , in which the company participates with a percentage of 24%, decided to desolve the company and set it under settlement. The dissolution of the company has not yet been completed The above mentioned company is consolidated with thw mehod of net euity. 9. There are no companies which have not been consolidated in the consolidated financial statements in the current period which had been consolidated in the previous period or the relevant period of the previous year. furthermore, there are no companies which are not included in the consolidation and apart from the case in note 8, no change has come to the method of consolidation of any company from year to year or period to period. 10. At the end of the current period no shares of the parent company are possessed by either the parent company or any subsidiaries or associate

  2. The employed personnel of the company at 30/09/08 was 1.415 employees and for the group 1.471 employees while at 30/09/07 the employees for the company were 1.174 and for the group 1.216. 6. 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:

Athens, 22/10/2008 & MANAGING DIRECTOR THE VICE PRESIDENT OF THE B.O.D. THE FINANCIAL DIRECTOR

companies.

THE PRESIDENT OF THE B.O.D.

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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