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.