PHYTOTHREPTIKI SA

BALANCE SHEET OF DECEMBER 31st, 2012

ACCOUNTING PERIOD 1.1.2012 - 31.12.2012
ACCOUNTING PERIOD

ACCOUNTING PERIOD

1.1.2012 - 31.12.2012

1.1.2011 - 31.12.2011

ASSETS
A SUBSCRIBED CAPITAL UNPAID
(on which there has been called to be paid after the end of the
following year Drs.)

LIABILITIES
A

0,00

ACCOUNTING PERIOD

ACCOUNTING PERIOD

1.1.2012 - 31.12.2012

1.1.2011 - 31.12.2011

CAPITAL AND RESERVES

Share Capital (28.767 shares at EURO 29,35)

0,00
1 Paid-up capital
2 Subscribed capital (of which EUR . has been called for payment)

ACQ COST
B FORMATION EXPENSES
1 Preliminary expenses
2
Exchange differences from loans for fixed assets acquisition
3 Construction period loan interest
4 Other formation expences

202.920,49

VALUE ADF

WRITTEN DOWN
VALUES
188.451,64
14.468,85

ACQ COST

VALUE ADF

202.920,49

173.919,12

WRITTEN DOWN
VALUES
29.001,37

FIXED ASSETS
Intangible Assets
1 Research and development costs
2 Concessions, patents, licences, trade marks and similar rights
and

0,00
0,00

0,00
0,00

0,00
0,00

0,00
0,00

0,00
0,00

0,00
0,00

II

314.919,07
517.839,56

307.157,34
495.608,98

7.761,73
22.230,58

314.919,07
517.839,56

291.649,84
465.568,96

23.269,23
52.270,60

III

3 Goodwill
4 Payments on account
5 Other intangible assets

1
2
3
4

Tangible Assets
Land
Mines - Quarries - Fields - Forests
Buildings and technical works

Machinery, technical installations and other mechanical

equipment
5 Transportation equipment
6 Furniture and fixtures
7 Payments on account and tangible assets in course of
construction
Total tangible and intangible Assets (CI+CII)

1
2
3

18.282,35

18.282,35

0,00

18.282,35

18.086,27

196,08

61.629,00

61.629,00

0,00

61.629,00

61.629,00

0,00

0,00
0,00
0,00
79.911,35

0,00
0,00
0,00
79.911,35

0,00
0,00
0,00
0,00

0,00
0,00
0,00
79.911,35

0,00
0,00
0,00
79.715,27

0,00
0,00
0,00
196,08

420.684,16
0,00
1.258.501,14

0,00
0,00
638.517,67

420.684,16
0,00
619.983,47

406.141,23
0,00
1.109.857,47

0,00
0,00
490.223,24

406.141,23
0,00
619.634,23

1.100.519,15
215.465,52
240.898,39

905.076,20
170.381,62
211.775,66

195.442,95
45.083,90
29.122,73

1.100.513,15
184.874,39
240.048,82

797.920,78
163.568,84
190.509,79

302.592,37
21.305,55
49.539,03

0,00
3.236.068,36

0,00
1.925.751,15

0,00
1.310.317,21

0,00
3.041.435,06

0,00
1.642.222,65

0,00
1.399.212,41

3.315.979,71

2.005.662,50

1.310.317,21

3.121.346,41

1.721.937,92

1.399.408,49

0,00
399.848,34

0,00
417.575,69

0,00

0,00

0,00
0,00
0,00
22.248,51
422.096,85

0,00
0,00
0,00
15.700,51
433.276,20

1.732.414,06

1.832.684,69

Amounts owed by affiliated undertaking

4 Amounts owed by other undertaking on which the company is

linked by virtue of participating interest
5 Notes receivable
6 Investments held as fixed assets
7 Other financial assets
Total Fixed Assets (CI+CII+CII)
D CURRENT ASSETS
Stocks
1 Merchandice
2
Finished and semi-finished products by-products and scrap
3 Work in progress
4
Row and auxiliary materials spare parts and packing
5 Payments on account

1
2
3
4
5
6
7
8
9
10
11
12

1
2
3

debtors
Trade debtors
Notes receivable

359.668,14

3.218.032,91
0,00

3.590.526,12
0,00

4.238.673,82
809.624,25
8.387.322,73

3.371.529,47
506.443,06
7.828.166,79

2.548.754,90
9.030.788,07

2.699.053,32
8.065.713,92

473.643,82
0,00
0,00

464.875,25
0,00
0,00

0,00
0,00
0,00
0,00
0,00
729.047,62
0,00

0,00
0,00
0,00
0,00
0,00
807.316,92
0,00

12.782.234,41

12.036.959,41

Notes overdue
Capital called to be paid within the year
Amounts owed by affiliated undertakings
Amounts owed by other undertakings with which the company
is linked by virtue of participating int.
Amounts owed by management
Blocked deposits
Current portion of long-term receivables
Doubtful contested trade and other debtors
Sundry debtors
Advances management accounts

Investments
Shares
Bonds
Other investments

4 Own shares
IV
1
2
3

Cash at bank and in hand

Cash in hand
Coupons due and receivable
Sight and time deposits
Total current assets (DI+DII+DIII+DIV)

E
1
2
3

1
2
3
4

0,00
0,00

7.646,21

7.646,21

0,00
7.646,21

0,00
7.646,21

73.592,14
0,00
96.481,63

98.196,29
0,00
140.778,04

170.073,77

238.974,33

21.347.277,12

20.111.746,74

31.534,25
0,00
0,00
31.534,25

22.827,45
0,00
70.875,52
93.702,97

23.133.456,01

22.090.405,00

2.973,52
0,00
0,00
0,00
2.973,52

3.014,20
0,00
0,00
0,00
3.014,20

PREPAYMENTS
Deffered charges
Earned income
Other prepayments and accrued income

GRAND TOTAL ASSETS (A+B+C+D)

0,00
0,00

MEMO ACCOUNTS
Third party asset items
Guaranties and real securities
Bilateral agreements
Other memo accounts

1
2
3

1
2
3
4
1
2
3
II
1
2
3
4
1
2
3
4

Operating results
Net turnover (sales)
Less: Cost of sales
Gross operating results (profit loss)
Plus: Other operating income
Total
Less:
Administrative expenses
Research and development costs
Distribution costs
Sub-total
PLUS:
Income from participating interests
Income from other investments
Gains from sale of participating interest and other investments
Interest receivable and similar income
Less:
Value adjustments in respect of interests and other investments
Expenses and losses from shares and participating interests
Interest payable and similar charges
Total operating results (profit or loss)
PLUS: extraordinary results
Extraordinary and non operating income
Extraordinary gain
Prior years' income
Income from prior years' provisions
Less:
Extraordinary and non operating expenses
Extraordinary losses
Prior years' expenses
Provisions for extraordinary liabilities
Operating and extraordinary results (profit loss)
LESS
Total value adjustments of fixed assets
Less: From them the incorporated to the operating cost
NET RESULTS (PROFIT LOSS)

ACCOUNTING PERIOD

1.1.2012 - 31.12.2012

1.1.2011 - 31.12.2011
19.990.203,79
17.221.306,33
2.768.897,46
132.270,42
2.901.167,88

18.681.121,23
16.297.043,67
2.384.077,56
119.320,85
2.503.398,41
467.496,46
483,74
607.360,35

1.156.404,83
1.744.763,05

0,00
0,00
0,00
36.038,36
36.038,36
0,00
0,00
1.145.039,64

1.145.039,64

0,00
22.807,53
1.023.886,60

8.980,35
0,00
0,00
48.917,07
57.897,42
50.656,58
0,00
17.871,72
100.357,97

168.886,27

249.157,88
249.157,88

1.075.340,55
1.428.057,86

0,00
0,00
0,00
19.160,74
19.160,74

-1.109.001,28
635.761,77

1.046.694,13

-1.027.533,39
400.524,47

120.574,19
0,00
0,00
0,00
120.574,19

-110.988,85
524.772,92

0,00
524.772,92

1.605,76
301,41
13.272,25
0,00

0,00

84.933,54
0,00
0,00

0,00
0,00
4.394,43

IV
1
2
3
4
5
6

84.933,54

4.394,43

148.862,38
0,00
0,00

129.609,43
0,00
0,00

157.256,60
498.290,42
0,00
804.409,40

157.256,60
485.990,42
0,00
772.856,45

962.827,78
0,00

662.374,92
0,00

0,00
962.827,78

0,00
662.374,92

0,00
0,00
0,00

0,00
0,00
0,00

2.696.482,17

2.283.937,25

0,00
0,00
0,00

0,00
3.530,70
3.530,70

0,00
2.909.896,00

0,00
3.432.422,00

0,00
0,00

0,00
0,00

0,00
0,00
0,00

0,00
0,00
0,00

0,00
0,00
2.909.896,00

0,00
0,00
3.432.422,00

3.408.137,14
3.318.301,11

2.891.800,46
3.346.467,91

0,00
8.389.947,91
1.159.496,80
307.897,23
144.339,86
522.526,00
0,00

0,00
8.317.022,24
798.691,45
234.912,48
64.580,66
522.526,00
0,00

0,00

0,00

0,00
173.383,12
17.424.029,17

0,00
145.127,54
16.321.128,74

20.333.925,17

19.753.550,74

0,00
103.048,67
0,00
103.048,67

0,00
49.386,31
0,00
49.386,31

23.133.456,01

22.090.405,00

0,00
0,00
0,00
2.973,52
2.973,52

0,00
0,00
0,00
3.014,20
3.014,20

Reserves
Legal reserve
Reserves provided for by the articles of association
Special reserves
Extraordinary reserves
Tax-free reserves under special laws
Reserve for own shares
Results carried forward

1 Profit carried forward

2 Loss carried forward
3 Loss brought forward

VI

Amounts intended to increase capital

1 Shareholders (partners) deposits
2 Dividends of the year
Total capital and reserves (AI+AII+AIII+AIV+AV+AVI)

PROVISIONS FOR LIABILITIES & CHARGES

1 Provisions for retirement benefits
2 Other provisions

CREDITORS
Long-term debt
1 Debenture loans
2 Bank loans
3 Saving bank loans
4 Amounts owed to affiliated undertakings
5 Amounts owed to other undertakings with which the company is linked by
virtue of particip. interests
6 Banks, long-term loans accrued by notes receivable
7 Notes payable
Less: Unaccrued interest
8 Other long-term debt

II

Current liabilities
1 Suppliers
2 Notes payable
Less: Unaccrued interest
3
4
5
6
7
8
9

Banks
Advances from trade debtors
Taxes-duties
Social security
Current portion of long-term debt
Amounts owed to affiliated undertakings
Amounts owed to other undertakings with which the company is linked by
virtue of particip. interests

10 Dividends
11 Sundry creditors
Total creditors (CI+CII)
D

ACCRUALS AND DEFERRED INCOME

1 Deferred income
2 Accrued expences
3 Other (accruals and deffered income)

GRAND TOTAL LIABILITIES (A+B+C+D)

1
2
3
4

MEMO ACCOUNTS
Beneficiaries of asset items
Guaranties nad real securities
Bilateral agreements
Other memo accounts

APPROPRIATION ACCOUNT

ACCOUNTING PERIOD

474.083,01
0,00
682.321,82

0,00

2 Reserves from value adjustments of other assets

3 Grants for investments in fixed assets

PROFIT AND LOSS ACCOUNT

At December 31, 2012 (January 1 - December 31, 2012)

0,00
0,00
844.311,45

Revaluation Reserves - Investments Grants

1 Reserves from value adjustments of participating interest and securities

I
120.991,75

0,00
0,00
844.311,45

Share premium account

Financial Assets
Participating interest in affiliated undertaking
Participating interest in other undertaking

844.311,45

3 Amortised

844.311,45

15.179,42

247.810,08
247.810,08

105.394,77
505.919,24

0,00
505.919,24

(+)
(+)
(+)

1
2

1
2
3
4
5
6
7
8

APPROPRIATION ACCOUNT
Net results (profit loss) for the year
Profit (Loss) brought forward
Prior years' tax differences
Reserves for distribution
Total
Less:
Income tax
Other not charged to the operating cost taxes
Profit for appropriation
Losses carried forward
Appropriated as under:
Legal reserve
First dividend
Additional dividend
Reserves provided for by the articles of association
Special and extraordinary reserves
Tax-free reserves
Directors' (staff) participation rights
Profit carried forward

ACCOUNTING PERIOD

ACCOUNTING PERIOD

1.1.2012 - 31.12.2012

1.1.2011 - 31.12.2011

524.772,92
662.374,92
-53.053,20
0,00
1.134.094,64
0,00
0,00

0,00
1.134.094,64
0,00
19.252,95
0,00
0,00
0,00
0,00
12.300,00
0,00
962.827,78
994.380,73

505.919,24
404.153,32
-74.274,39
0,00
835.798,17
0,00
0,00

0,00
835.798,17
0,00
20.236,77
0,00
0,00
0,00
0,00
32.180,00
0,00
662.374,92
714.791,69