MLS Multimedia S.A.

Annual / Quarterly Financial Statement • Mar 30, 2016

Non-controling interests (b) 0,00 0,00 Proposed dividend per issued share (in €) 0,0000 0,0000

Total Equity (c) = (a) + (b) 22.587.606,49 21.116.821,59 Profit before interest, taxes, and

	MLS MULTIMEDIA SA Company's Number in the Register of Societes Anonymes :34194/06/Β/95/14 - GEMI: 57957704000 79, 17th Noemvriou street Pilea Thessaloniki SUMMARY FINANCIAL RESULTS for the year ended 31st December 2015 (in terms of article 135 of Law 2190/1920, for companies publishing annual financial statements in accordance with IAS/IFRS) The figures illustrated below provide summary information about the financial position of MLS MULTIMEDIA S.A.We advise the reader who seeks a complete picture of the financial position to visit the Company's website, where the full year financial statements according to International Financial Reporting Standards together with the auditor's report, are presented.
COMPANY'S INFORMATION DATA
Supervising Authority	: Ministry of Development and Competitiveness (Department for limited companies)
Company's web site Board of Direction	: www.mls.gr : Ioannis Kamatakis (President & CEO of the B.O.D.), Paraskevi Zahariadou (Vice-Prtesident of the B.O.D.), Christos Antoniadis (Member of the B.O.D.), Dimitrios Konstantoulas (Member of the B.O.D.), Nickolaos Koulis
			(Member of the B.O.D.), Ioannis Zannas (Member of the B.O.D.), Stergios Triantafilidis (Member of the B.O.D.), Efstathios Kiriakopoulos (Member of the B.O.D.)
Date of approval of the
fincial statements	: March 29, 2016
Name of the Auditor	:Georgios Skabavirias (SOEL R.N. 14661)
Auditing firm	:SOL S.A. - CROWE HORWATH
Report of the Auditors:	: Without qualification
1.1 CONDENSED STATEMENT OF FINANCIAL POSITION		1.2 CONDENSED INCOME STATEMENT
Amounts in €			Amounts in €
ASSETS	31.12.2015	31.12.2014		1.01 - 31.12.2015	1.01 - 31.12.2014
Tangible assets	2.498.137,76	2.395.634,10	Revenue	21.403.713,05	14.378.515,71
Intangible assets	13.598.191,17	10.331.797,72	Gross profit	6.370.400,19	5.187.267,04
Other non-current assets	234.194,31	401.809,09	Profit before interest, taxes, and
Inventories	6.555.816,82	6.494.851,67	investing results	3.012.469,08	2.019.236,49
Trade receivables	5.365.012,32	6.459.177,40	Profit before taxes	2.218.164,60	1.467.770,24
Other current assets	7.056.480,95	4.046.626,52	Profit after taxes (Ƃ)	2.022.183,58	1.686.796,33
TOTAL ASSETS	35.307.833,33	30.129.896,50	-Equity holders of the parent	2.022.183,58	1.686.796,33
			-Non controling intersts	0,00	0,00
SHERHOLDERS EQUITY AND LIABILITIES			Other comprehensive income net of tax (ƃ)	0,00	0,00
			Total comprehensive income net of tax (Ƃ) + (ƃ)	2.022.183,58	1.686.796,33
Share capital	4.594.290,00	4.594.290,00	-Sherholders	2.022.183,58	1.686.796,33
Retained earnings and reserves	17.993.316,49	16.522.531,59	-Non controling intersts	0,00	0,00
Total Share capital and reserves (a)	22.587.606,49	21.116.821,59	Basic earnings tax per share(in €)	0,1656	0,1360

Long-term borrowings	3.000.000,00	0,00	depreciation and amortization	5.027.926,51	5.575.225,45
Provisions / Other long term liabilities	115.118,09	85.733,58
Short term borrowings	1.781.540,21	0,00	1.3 CONDENSED STATEMENT OF CHANGES IN EQUITY
Other short term liabilities	7.823.568,54	8.927.341,33	Amounts in €
Total liabilities(d)	12.720.226,84	9.013.074,91		31.12.2015	31.12.2014
			Equity balance at beginning of the year
TOTAL SHAREHOLDERS EQUITY & LIABILITIES (c) + (d)	35.307.833,33	30.129.896,50	(1.01.2014 & 1.01.2013 respectively)	21.116.821,59	19.462.038,11
			Total comprehensive income	2.022.183,58	1.686.796,33
			Share capital Increase	0,00	0,00
1.4 CASH FLOW STATEMENT			Share capital reduction	0,00	0,00
Amounts in €			Transfer to reserves	0,00	183.776,96
	1.01 -	1.01 -	Dividends	0,00	0,00
	31.12.2015	31.12.2014	Purchases / (sales) of own shares	-551.398,68	-215.789,81
Cash flow from operating activities			Equity balance at year end
Profit before taxes	2.218.164,60	1.467.770,24	(31.12.2014 & 31.12.2013 respectively)	22.587.606,49	21.116.821,59
Adjustments:
Depreciation	2.015.457,43	3.555.988,96	NOTES
Provisions	64.384,50	-100.000,00	1. In the above financial statements the basic accounting principles applied are consistent with those applied for the balance sheet of the fiscal year 2013.
Foreign Exchange Differences	113.953,72	0,00	2. The unaudited by the tax authorities fiscal years for the Company are presented in detail in the note 6.26 of the annual financial statements.
Investing Activities Results (income, expences, profit & loss)	-156.257,91	164.535,83	3. The assets of the Company have been pledged (note 6.10).
Interest Expense	836.608,66	570.707,38	Capital expenditure for the fiscal year of 2014 amounted to 5.384.354,54€. 4.
			5. There are no litigation issues for the Company.
Increase / decrease adjustments for working capital:			6. Number of employees at the end of the reporting period: 110 (2014: 99).
Decrease / (increase) in inventories			7.
Decrease / (increase) in trade and other receivables	-95.965,15	-1.709.353,87	The amount of the provisions for the unaudited by the tax authorities fiscal years is 64.500,00€. There are no provisions accounted for litigation issue and other provisions. 8.
(Decrease) / increase in trade and other payables (excluding banks)	367.464,97	1.187.553,73
	-1.125.190,11	-567.055,09	9. The total number of its own shares that the company holds as at 31.12.2015 is 230.362 of aggregate value of average cost per share 4.12 euros and they have been deducted
Interest paid	-836.608,66	-570.707,38	from the Shareholders Equity of the company. The fair value of this shares at 31.12.2015 was 861.554,00€.
Taxiation paid	-6.948,90	-51.394,99
Net flows from operating activities(a)	3.395.063,15	3.948.044,81	10. The Board of Directors will propose to the Annual General Meeting of Shareholders, the non distribution of dividends.
Cash flow from investing activities			11. Transactions during the fiscal year 2014 and balances as of 31 December 2014 with related parties, as defined in IAS 24, are as follows: Amounts in €
Acquisition of subsidiaries and other investments	-139.500,00	0,00
Purchase of tangible and intangible assets	-5.384.354,54	-4.199.542,18	a) Income		0,00
Proceeds from sales of tangible and intangible assets	0,00	0,00	b) Expenses		0,00
Inflow from Government Programs	0,00	0,00	c) Receivables		491.501,41
Interest received	42.304,18	19.241,13	d) Payables		0,00
Net cash flows (used in)/from investing activities (b)	-5.481.550,36	-4.180.301,05	e) Key management compensations		307.279,39
Cash flow from financing activities			f) Receivables from key management		0,00
Proceeds from borrowings	4.781.540,21	-1.016.204,45	g) Payables to key management		0,00
Treasury shares	-551.398,68	-215.789,81
Inflow from Government and European Programs	0,00	1.244.227,17
Net cash flows (used in)/from financing activities (c)	4.230.141,53	12.232,91
Net increase / (decrease) in cash
and equivalents (a) + (b) + (c)	2.143.654,32	-220.023,33
Cash and cash equivalents at beginning of the year	2.400.468,59	2.620.491,92
Cash and cash equivalents at end of the year	4.544.122,91	2.400.468,59

Thessaloniki March 29, 2016

The President & CEO

IOANNIS N. KAMATAKIS ID No ǹǺ 706563

The Vice President of the B.O.D.

PARASKEVI D. ZAHARIADOU ID No ǹǺ 706623

Chief Finanvial Officer

KONSTANTINOS V. PAPADOPOULOS ID No ǹΖ 169490