Financial Figures and Information as at December 31, 2007, published under I.F.R.S.

Transcription

1 Financial Figures and Information as at December 31, 2007, published under I.F.R.S. ENA S.A. 81, Spaton Ave., Gerakas, Attica, Greece

2 Financial Figures and Information as at December 31, 2007 published under I.F.R.S. Contents General Information about the Company Balance Sheet Income Statement NET CHANGE IN EQUITY STATEMENT CASH FLOW STATEMENT (Indirect Method)... 5 Additional Information... 6

3 General Information about the Company ENA S.A. Condensed Annual Financial Statements and Information for the Fiscal Year from 1 January 2007 until 31 December 2007 (published in terms of R.L. 2190, par. 135 for companies which draw their individual and consolidated annual financial statements in terms of IFRS) The following data aim at giving general information about the financial situation and results of ENA UNIΤED MARKETS SOCIETE ANONYME AND SUPPORTING COMPANY. We therefore recommend that in order to obtain a holistic view of the financial position and results of the company, one should consult the Annual Financial Statements in terms of International Financial Reporting Standards as well as the Independent Auditors' report thereon. The above-mentioned statements are available on the patent company ALFA-BETA VASSILOPOULOS S.A. web site. Company Information Registered Office: Athens Register of Commerce: 81, Spaton Avenue, Gerakas, Attica 23791/04/Β/91/136(01) Competent Prefecture: Ministry of Development, Department of Commerce, Division of Societes Anonymes and Trust Board of Directors: Konstantinos Macheras Nikolaos Iossipou Petros Trahanas Leonidas Vrettakos Maria Kuhkalani Date of approval of the annual financial statements (from which arose the condensed financial figures): May 9, 2008 Auditor: Tilemachos Georgopoulos Auditing company: Type of audit report: Internet address Deloitte. Unqualified opinion with an emphasis of matter 3

4 1.1 Balance Sheet Amounts in thousands EUR ASSETS Fixed Assets Inventories Trade Receivables Other Assets TOTAL ASSETS EQUITY & LIABILITIES Other long-term liabilities Other short-term liabilities Total Liabilities (a) Share Capital Other Net Equity (925) Equity attributable to the equity holders of the parent (b) TOTAL EQUITY & LIABILITIES (a)+(b) Income Statement Amounts in thousands EUR Revenue Gross Profit / (Loss) Profit / (Loss) before tax, financial, investing activities, depreciation and amortization Profit / (Loss) before tax, financial and investing activities Profit / (Loss) before tax Less Tax Profit / (Loss) after tax NET CHANGE IN EQUITY STATEMENT Amounts in thousands of EUR Equity at the beginning of the year ( and respectively) Profit / (Loss) of the year after tax Net income recorded directly to Equity 82 (37) Equity at the end of the year ( and respectively)

5 1.4 CASH FLOW STATEMENT (Indirect Method) Amounts in thousands EUR Operating activities Profit before tax Plus / (minus) adjustments for: Depreciation and amortization Provisions (38) 72 Losses / (Gains) on disposal of fixed assets (2) 1 Finance Cost 9 - Income from investments (657) (423) Plus / (minus) adjustments for changes in working capital Decrease of inventory (72) (163) Decrease / (increase) of receivables (223) (519) (Decrease) of liabilities (excluding bank loans) Less: Tax paid (1.381) 21 Net cash provided by (used in) operating activities (a) Investing activities Purchase of tangible and intangible fixed assets (946) (1.158) Proceeds on disposal of tangible and intangible fixed assets 2 4 Interest received Net cash used in investing activities (b) (287) (731) Net increase in cash and cash equivalents of the period (a)+(b) Cash and cash equivalents beginning of the period Cash and cash equivalents end of the period

6 Additional Information (Amounts in thousands of EUR) 1. The financial statements of the Company are included in the consolidated financial statements of the parent company ALFA-BETA VASSILOPOULOS S.A., which, are prepared with the method of full consolidation. The parent company ALFA-BETA VASSILOPOULOS S.A., with its head-office in Greece, owns 99.96% of the Company s share capital. 2. For ENA S.A., the only unaudited fiscal years are 2005 till 2007 for which the outcome of the tax audit cannot be estimated at this stage and thus no relevant provision has been made in the financial statements. 3. There is no encumbrance on company s property. 4. There are no cases under court procedure for which there are pending decisions or claims for cancellation of decisions issued that may seriously affect the financial position or the operation of the Company without the related provisions. 5. The number of people employed by the Company at the end of the current and previous year was the following: December 31, December 31, During the fiscal year from January 1, 2007 up to December 31, 2007, between ENA S.A., ΑLFΑ-ΒEΤΑ VASSILOPOULOS S.Α. as well as DELHAIZE GROUP S.A. that owns the 61.28% of the share capital of the parent company ΑLFΑ-ΒEΤΑ VASSILOPOULOS S.Α, the following transactions have been effected and the following balances arose: Purchases from related parties (net of vendor allowances) Εxpenses from services provided and rental of property by related parties 442 Receivables from related parties 7 Liabilities to related parties Gerakas, May 9, 2008 The Chairman of the Board of Directors The Member of the Board of Directors Konstantinos D. Macheras Petros D. Trahanas Identity Card no Θ Identity Card no AB The Financial Director Maria V. Kuhkalani Identity Card no AB License no Α' Class 6