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1998
PROFIT AND LOSS ACCOUNT
ATTICA ENTERPRISES S.A. - GROUP OF COMPANIES
PROFIT AND LOSS ACCOUNT
AS AT 31st DECEMBER 1998 |
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IN
GRD |
IN
EURO |
| RESULTS
FROM EXPLOITATION |
|
Total
turnover |
26,802,227,601 |
81,216,410 |
Less: Direct
exploitation costs |
11,951,683,834 |
36,216,126 |
Gross profit
from exploitation |
14,850,543,767 |
45,000,284 |
Plus: Sundry
income |
6,665,976 |
20,199 |
Total
gross profit from exploitation |
14,857,209,743 |
45,020,483 |
Less:
Expenses: |
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|
Administration
expenses |
1,514,173,133 |
4,588,264 |
Operating
and distribution expenses |
3,859,632,093 |
11,695,500 |
|
5,373,805,226 |
16,283,765 |
Operating
profit |
9,483,404,517 |
28,736,718 |
Other
income/expenses |
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|
Income from
securities |
- |
- |
Profit from
sale of investments and securities |
69.335.304 |
210.101 |
Interest
income: |
2.172.115.414 |
6.581.968 |
Interest
expense |
-2.327.659.834 |
-6.780.582 |
|
3.790.884 |
11.487 |
Extraordinary
income: |
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|
Exchange
profit realised |
37.296.274 |
113.016 |
Prior
year income |
2.893.166 |
8.767 |
Income from
prior year provisions |
- |
- |
|
40.189.440 |
121.782 |
Less: Extraordinary
expenses: |
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Exchange
losses |
-257.244.300 |
-779.505 |
Extraordinary
costs |
- |
- |
Prior year
expenses |
-29.892.623 |
-90.581 |
Sundry
provisions |
-173.372.898 |
-525.356 |
|
-460.509.821 |
-1.395.442 |
Profit
including extraordinary items |
9.066.875.020 |
27.474.545 |
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Total
depreciation of fixed assets |
1.618.622.281 |
622.492.345 |
Less:
Depreciation included in exploitation costs |
-1.618.622.281 |
-622.492.345 |
|
0 |
0 |
Net
profit for the year |
9.066.875.020 |
27.474.545 |
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Voula,
15th February 1999 |
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Pericles S. Panagopoulos |
Charalambos S. Paschalis |
Nikolaos I. Tapiris
|
Chairman of the Board of Directors |
Authorized Director |
Financial Director |
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En
Gr
