PETROS PETROPOULOS Α.Ε.Β.Ε.

General Electronic Commercial Registry No.: 285301000 (Former Societes Anonymes Registry No.: 2359/06/Β/86/14),

96 -102 Iera Odos, 104 47 Athens

FINANCIAL DATA AND INFORMATION FOR THE THE PERIOD 01.01.2021 -12.31.2021

The financial information set out below provide a general presentation of the financial position and results of PETROS PETROPOULOS AEBE and the Group. Therefore, we recommend to any person interested in investing to PETROS PETROPOULOS AEBE, or to proceed to any other transaction with the company to read the financial statements, which are available in our websitewww.petropoulos.com, along with the Independent Auditor's Report.

COMPANY' S DATA

Website address : Tax Register Number: Regulatory Authority:www.petropoulos.com094043269

Ministry of Economy, Infrastructure, Shipping and Tourism, General Secretariat for Commerce & Consumer Protection, Companies Administration & G.E.M.I, Department of Listed Societe Anonymes & Athletics S.A.

Financial Statements were authorised for issue: March 18th, 2022

Auditor:

Audit Company: Review Report :Michael Zaharioudakis (Register Number 13191) MPI HELLAS S.A. (Register Number 155) Unqualified opinion

Members of the Board of Directors

Michael Economakis - Chairman of the Board Michael Michaloutsos- Vice Chairman of the Board Theodoros Anagnostopoulous - CEO

Arianni Velisaropoulou, George Drakos, Nicolaos Empeoglou, John Katsouridis, Cleopatra Kiriazi

Stefanos Manos, John Filiotis

Additional Data and Information:

1.

Unaudited Fiscal Years of the Group and Company are stated in note 7.25 of the Financial Statements

2. There are no legal cases or issues in progress, which might have an important impact on the financial statements of the group.

  • 3. Number of Employees at the end of current period: Group and Company 166. At the end of comparable period the numbers

  • were: Group and Company 157.

  • 4. Related party transactions in accordance with IAS 24 have as follows:

(figures in thousand euros)

GROUP 12/31/21

  • a) Revenues

  • b) Expenses

  • c) Receivables

  • d) Liabilities

  • e) Board Members and Key Management Personnel Renumeration and other transactions

  • f) Receivables from Board Members and Key Management Personnel

  • g) Liabilities to Board Members and Key Management Personnel

COMPANY 12/31/20

4 4

101 327

- 0

215 1.733

1.097 1.097

0 0

815 815

  • 5. Name, Incorporation Country, Consolidation Methods and Ownership Participation of Parent Company to the Companies or Joint Ventures included in the Financial statements are stated in note 1.2 of these financial statements.

  • 6. No change in Consolidation Methods took place in the current period in relation to the methods which had been applied in the Financial Statements of 12/31/2020. In addition there are not subsidiaries or associate companies which have not been incorporated in these consolidated financial statements

  • 7. At the end of the period the Company owned 527.321 treasury shares, valued €2.485.616,89

(Figures are in thousand euros)

GROUP

ASSETS

12/31/2021

12/31/2020

Non Current Assets

Property plant and Equipment

14.072

14.486

9.644

10.040

Intagible Assets

1.321

311

1.820

311

Investments in Subsidiaries

0

0

4.683

4.683

Trade Receivables

486

310

486

310

Other non current assets

412

632

566

790

16.291

15.739

17.199

16.134

Current Assets

Inventory

19.997

17.942

19.997

17.942

Trade Receivables

23.027

26.792

22.978

26.736

Other current assets

3.995

4.798

3.986

4.757

Cash and Cash Equivalent

15.860

11.023

15.592

10.798

62.879

60.555

62.553

60.233

TOTAL ASSETS

79.170

76.294

79.752

76.367

EQUITY AND LIABILITIES

Share Capital

6.575

6.575

6.575

6.575

Other Equity Items

35.772

29.990

34.369

28.771

Attritutable to Equity holders of the parent (a)

42.347

36.565

40.944

35.346

Non controlling interests (b)

0

0

0

0

Total Equity (c=a+b)

42.347

36.565

40.944

35.346

Long term borrowings

9.725

15.000

9.725

15.000

Provisions/Other long term liabilities

2.660

1.798

2.829

1.798

Total long term Liabilities

12.385

16.798

12.554

16.798

Short term borrowings

3.475

9.751

3.475

9.751

Trade and other short term liabilities

20.963

13.180

22.779

14.472

Total short term Liabilities

24.438

22.931

26.254

24.223

Total Liabilities (d)

36.823

39.729

38.808

41.021

TOTAL EQUITY AND LIABILITIES (c) + (d)

79.170

76.294

79.752

76.367

Michael E. Economakis

Athens, 18 of March 2022

Chairman of the Board

ΙΙ. STATEMENT OF TOTAL COMPREHENSIVE INCOME

GROUP

COMPANY

(Figures are in thousand euros)

1/1-12/31/2021 1/1-12/31/2020 1/1-12/31/2021 1/1-12/31/2020

Revenue

Gross profit

Profit before tax, interest and investment activities Profit before tax

Income tax

Profit after tax (a)

155.742 26.942 10.722 9.890 -3.126 6.764

117.577 20.138 6.191 4.844 -1.521 3.323

155.414 117.400

26.900 20.116

10.513 5.919

9.681 4.573

-3.088 -1.463

6.593 3.110

Attributable to:

Equity holders of the parent

Other comprehensive income, net of tax (b)

Total comprehensive income, after income tax (a+b)

6.764 2 6.766

3.323 -31 3.292

6.593 3.110

-11 -31

6.582 3.079

Attributable to:

Equity holders of the parent Basic Earnings per share in euro

6.766 1,0338

3.292 0,5062

6.582 3.079

1,0077 0,4737

Profit before tax, interest, investment activities depreciation and amortization

11.759

6.914

11.781 6.624

ΙΙΙ. STATEMENT OF CHANGES IN EQUITY

GROUP

COMPANY

(Figures are in thousand euros)

1/1-12/31/2021 1/1-12/31/2020 1/1-12/31/2021 1/1-12/31/2020

Total equity at beginning of the period (1/1/2021 and 1/1/2020 respectively)

Accounting policy change (I.F.R.S. 19)

Total comprehensive income, after income tax Purchases/(sales) of Treasury shares Dividents paid

36.565 0 6.766 -124 -860

35.923 471 3.292 -2.362 -759

35.346 34.917

0 471

6.582 3.079

-124 -2.362

-860 -759

Total Equity at the end of period (12/31/2021 and 12/31/2020 respectively)

42.347

36.565

40.944 35.346

ΙV. STATEMENT OF CASH FLOWS (Indirect Method)

GROUP

COMPANY

(Figures are in thousand euros)

1/1-12/31/2021 1/1-12/31/2020 1/1-12/31/2021 1/1-12/31/2020

Cash Flows from operating activities Profit/(Loss) before tax

9.890

4.844

9.681 4.573

Adjustments for: Depreciation Provision Interest Income Interest expenses

1.037 -2 -143 976 11.758

723 4 -55 1.402 6.918

1.268 704

-2 4

-143 -55

975 1.402

11.779 6.628

Changes in working capital

Increase/(Decrease) in inventories Increase/(Decrease) in trade receivables Increase/(Decrease) in trade payables

-2.055 4.612 5.891 8.448

-1.921 -7.484 541 -8.864

-2.054 -1.921

4.576 -7.437

6.111 744

8.633 -8.614

Less:

Interest expenses paid Income tax paid

Net cash from operating activities (a) Investing activities

-976 -1.326 17.904

-1.401 -8 -3.355

-975 -1.401

-1.326

0

18.111 -3.387

Purchase of PPE and Intagible assets Proceeds from sales of PPE

Interest received

Net cash used in investing activities (b) Cash Flows from financing activities

-551 215 143 -193

-3.179 1.775 55 -1.349

-551 -3.179

215 1.775

143 55

-193 -1.349

Purchases/(sales) of Treasury shares Dividents paid

Payments/Proceeds from borrowings Payments of rights for assets use

Net cash used in financing activities (c)

-124 -860 -11.551 -339 -12.874

Net increase/decrease in cash and cash equivalents (a)+(b)+(c) 4.837

Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period

11.023 15.860

-2.362 -759 10.112 0 6.991 2.287 8.736 11.023

-124 -2.362

-860 -759

-11.551 10.112

-589

0

-13.124 6.991

4.794 2.255

10.798 8.543

15.592 10.798

CEO

Theodoros V. Anagnostopoulous

Financial & Administration Manager

George V. Papadopoulos

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Petros Petropoulos SA published this content on 06 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 14:12:03 UTC.