The company applying IAS 8 paragraph 42, proceeded to the correction of previous years\u2019 errors in hindsight and re-prepared the already published Figures and Information as of 31 December 2005 and the comparative amounts of 2004, as well as the interim Figures and Information for 2006 and the comparative amounts of 2005, and published the following announcement to the investing public:<\/p>\n
The company notifies that at the preparation of the financial statements for the year ended on 31 December 2006, proceeded to amendments (note 9 in the Figures and Information and note 6.30 in the annual financial statements of 2006), of the already published financial statements for the current and previous years. The types of amendments as well as their impact on the turnover of the company and the group, on the results after taxes and minority interest, as well as on the shareholders\u2019 equity of company and group are following:<\/p>\n
A) FOR THE COMPANY: 1) The Company\u2019s turnover for the period 1\/1-31\/12\/2004 was decreased by \u20ac 3,802,156 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, turnover for the period 1\/1-31\/12\/2004 reached 7,164,901 \u20ac from 10,967,057 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity of the Company were influenced. 2) The Company\u2019s shareholders\u2019 equity as at 31\/12\/2004 was decreased by \u20ac 186,719 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 102,739 and \u20ac 83,980 respectively. The Company\u2019s shareholders\u2019 equity as at 31\/12\/2004 reached \u20ac 19,967,970 from \u20ac 20,154,689. Results after taxes and minority interest for the period 1\/1-31\/12\/2004 (loss) were increased by \u20ac 186,719 and reached \u20ac -1,782,498 from \u20ac -1,595,779. 3) The Company\u2019s turnover for the period 1\/1-31\/3\/2005 was decreased by \u20ac 1,741,240 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, turnover for the period 1\/1-31\/3\/2005 totalled 587,928 \u20ac from 2,329,168 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity of the Company were influenced. 4) The Company\u2019s shareholders\u2019 equity as at 31\/3\/2005 was decreased by \u20ac 186,719 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 102,739 and \u20ac 83,980 respectively. The Company\u2019s shareholders\u2019 equity as at 31\/3\/2005 was decreased to \u20ac 19,627,203 from \u20ac 19,813,922 while the results after taxes and minority interest for the period 1\/1-31\/3\/2005 were not altered. 5) The turnover of Company for the period 1\/1-30\/6\/2005 was decreased by \u20ac 2,600,007 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, turnover for the period 1\/1-30\/6\/2005 was reached 3,247,557 \u20ac from 5,847,564 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity of the Company were influenced. 6) The Company\u2019s shareholders\u2019 equity as at 30\/6\/2005 was decreased by \u20ac 186,719 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 102,739 and \u20ac 83,980 respectively. The Company\u2019s shareholders\u2019 equity as at 30\/6\/2005 reached \u20ac 20,029,187 from \u20ac 20,215,906, while the results after taxes and minority interest for the periods 1\/1-30\/6\/2005 and 1\/4-30\/6\/2005 were not altered. 7) The Company\u2019s turnover for the period 1\/4-30\/6\/2005 was decreased by \u20ac 858,767 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, turnover for period 1\/4-30\/6\/2005 totalled 2,659,629 \u20ac from 3,518,396 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity of the Company were influenced. 8) The Company\u2019s turnover for the period 1\/1-30\/9\/2005 was decreased by \u20ac 2,723,994 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, turnover for the period 1\/1-30\/9\/2005 was reduced to 6,607,397 \u20ac from 9,331,391 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity of the Company were influenced. 9) The Company\u2019s shareholders\u2019 equity as at 30\/9\/2005 was decreased by \u20ac 186,719 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 102,739 and \u20ac 83,980 respectively. The Company\u2019s shareholders\u2019 equity as at 30\/9\/2005 totalled \u20ac 21,455,314 from \u20ac 21,642,033 while the results after taxes and minority interest for the periods 1\/1-30\/9\/2005 and 1\/7-30\/9\/2005 were not altered. 10) The Company\u2019s turnover for the period 1\/7-30\/9\/2005 was decreased by \u20ac 123,987 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, turnover for period 1\/7-30\/9\/2005 reached 3,359,840 \u20ac from 3,483,827 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity of the Company were influenced. 11) The Company\u2019s turnover for the period 1\/1-31\/12\/2005 was decreased by \u20ac 4,590,348 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, turnover for the period 1\/1-31\/12\/2005 totalled 7,330,280 \u20ac from 11,920,628 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity of the Company were influenced. 12) The Company\u2019s shareholders\u2019 equity as at 31\/12\/2005 was decreased by \u20ac 273,153 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 138,327 and \u20ac 134,826 respectively. The Company\u2019s shareholders\u2019 equity as at 31\/12\/2005 totalled \u20ac 20,514,704 from \u20ac 20,787,857. The results after taxes and minority interest for the full year 1\/1-31\/12\/2005 were decreased by \u20ac 86,434 and reached \u20ac 1,349,953 from \u20ac 1,436,387. 13) The Company\u2019s turnover for the period 1\/1-31\/3\/2006 was decreased by \u20ac 760,479 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, turnover for the period 1\/1-31\/3\/2006 reached 35,452 \u20ac from 795,931\u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity of the Company were influenced. 14) The Company\u2019s shareholders\u2019 equity as at 31\/3\/2006 was decreased by \u20ac 273,153 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 138,327 and \u20ac 134,826 respectively The Company\u2019s shareholders\u2019 equity as at 31\/3\/2006 totalled \u20ac 19,609,903 from \u20ac 19,883,056 while the results after taxes and minority interest for the period 1\/1-31\/3\/2006 were not altered. 15) The Company\u2019s turnover for the period 1\/1-30\/6\/2006 was decreased by \u20ac 1,585,644 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. Turnover for the period 1\/1-30\/6\/2006 reached 2,828,253 \u20ac from 4,413,897 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity of the Company were influenced. 16) The Company\u2019s shareholders\u2019 equity as at 30\/6\/2006 was decreased by \u20ac 273,153 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 138,327 and \u20ac 134,826 respectively. The Company\u2019s shareholders\u2019 equity as at 30\/6\/2006 totalled \u20ac 19,884,602 from \u20ac 20,157,755 while the results after taxes and minority interest for the periods 1\/1-30\/6\/2006 and 1\/4-30\/6\/2006 were not altered. 17) The Company\u2019s turnover for the period 1\/4-30\/6\/2006 was decreased by \u20ac 825,166 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. Turnover for the period 1\/4-30\/6\/2006 reached \u20ac 2,792,801 from 3,617,967\u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity of the Company were influenced. 18) The Company\u2019s turnover for the period 1\/1-30\/9\/2006 was decreased by \u20ac 1,585,644 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result the Company\u2019s turnover for the period 1\/1-30\/9\/2006 reached 7,092,839 \u20ac from \u20ac 8,678,483. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity of the Company were influenced. 19) The Company\u2019s shareholders\u2019 equity as at 30\/9\/2006 was decreased by \u20ac 273,153 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 138,327 and \u20ac 134,826 respectively. As a result the Company\u2019s shareholders\u2019 equity as at 30\/9\/2006 reached \u20ac 21,715,927 from \u20ac 21,989,080 while the results after taxes and minority interest for the periods 1\/1-30\/9\/2006 and 1\/7-30\/9\/2006 were not altered.<\/p>\n
B) FOR THE GROUP:<\/p>\n
1) The Group\u2019s turnover for the period 1\/1-31\/12\/2004 was decreased by \u20ac 3,802,156 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, turnover for the period 1\/1-31\/12\/2004 totalled 19,451,200 \u20ac from 23,253,356 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity were influenced. 2) The Group\u2019s shareholders\u2019 equity as at 31\/12\/2004 was decreased by \u20ac 186,719 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 102,739 and \u20ac 83,980 respectively. As a result the Group\u2019s shareholders\u2019 equity as at 31\/12\/2004 reached \u20ac 16,750,409 from \u20ac 16,937,128. The results after taxes and minority interest for the full year 1\/1-31\/12\/2004 (loss) increased by \u20ac 186,719 to \u20ac -2,011,256 from \u20ac -1,824,537. 3) The Group\u2019s turnover for the period 1\/1-31\/3\/2005 was decreased by \u20ac 1,741,240 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, turnover for period 1\/1-31\/3\/2005 reached 7,055,041 \u20ac from 8,796,281 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity were influenced. 4) The Group\u2019s shareholders\u2019 equity as at 31\/3\/2005 was decreased by \u20ac 186,719 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 102,739 and \u20ac 83,980 respectively. As a result, the Group\u2019s shareholders\u2019 equity as at 31\/3\/2005 totalled \u20ac 15,903,606 from \u20ac 16,090,325, while the results after taxes and minority interest for period 1\/1-31\/3\/2005 were not altered. 5) The Group\u2019s turnover for the period 1\/1-30\/6\/2005 was decreased by \u20ac 2,600,007 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, the Group\u2019s turnover for the period 1\/1-30\/6\/2005 totalled 9,540,906 \u20ac from 12,140,913 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity were influenced. 6) The Group\u2019s shareholders\u2019 equity as at 30\/6\/2005 was decreased by \u20ac 186,719 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 102,739 and of \u20ac 83,980 respectively. As a result, the Group\u2019s shareholders\u2019 equity as at 30\/6\/2005 totalled \u20ac 16,672,520 from \u20ac 16,859,239, while results after taxes and minority interest for the periods 1\/1-30\/6\/2005 and 1\/4-30\/6\/2005 were not altered. 7) The Group\u2019s turnover for the period 1\/4-30\/6\/2005 was decreased by \u20ac 858,767 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, the Group\u2019s turnover for the period 1\/4-30\/6\/2005 reached 2,485,865 \u20ac from 3,344,632 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity were influenced. 8) The Group\u2019s turnover for the period 1\/1-30\/9\/2005 was decreased by \u20ac 2,723,994 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, the Group\u2019s turnover for the period 1\/1-30\/9\/2005 reached 14,234,658 \u20ac from 16,958,652 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity were influenced. 9) The Group\u2019s shareholders\u2019 equity as at 30\/9\/2005 was decreased by \u20ac 186,719 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 102,739 and \u20ac 83,980 respectively. As a result, the Group\u2019s shareholders\u2019 equity as at 30\/9\/2005 totalled \u20ac 18,200,321 from \u20ac 18,387,040, while the results after taxes and minority interest for the periods 1\/1-30\/9\/2005 and 1\/7-30\/9\/2005 were not altered. 10) The Group\u2019s turnover for the period 1\/7-30\/9\/2005 was decreased by \u20ac 123,987 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, the Group\u2019s turnover for the period 1\/7-30\/9\/2005 reached 4,693,752 \u20ac from 4,817,739 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity were influenced. 11) The Group\u2019s turnover for the period 1\/1-31\/12\/2005 was decreased by \u20ac 4,590,348 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, the Group\u2019s turnover for the period 1\/1-31\/12\/2005 reached 17,382,878 \u20ac from 21,973,226 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity were influenced. 12) The Group\u2019s shareholders\u2019 equity as at 31\/12\/2005 was decreased by \u20ac 273,153 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 138,327 and \u20ac 134,826 respectively. As a result, the Group\u2019s shareholders\u2019 equity as at 31\/12\/2005 totalled \u20ac 15,618,344 from \u20ac 15,891,496. The results after taxes and minority interest for the full year 1\/1-31\/12\/2005 (loss) were increased by \u20ac 86,434 and reached \u20ac -270,550 from \u20ac -184,116. 13) The Group\u2019s turnover for the period 1\/1-31\/3\/2006 was decreased by 760,479 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, The Group\u2019s turnover for the period 1\/1-31\/3\/2006 reached 4,678,423 \u20ac from 5,438,902 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity were influenced. 14) The Group\u2019s shareholders\u2019 equity as at 31\/3\/2006 was decreased by \u20ac 273,153 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 138,327 and \u20ac 134,826, respectively. As a result, the Group\u2019s shareholders\u2019 equity as at 31\/3\/2006 totalled \u20ac 14,244,070 from \u20ac 14,517,223 while the results after taxes and minority interest for the period 1\/1-31\/3\/2006 were not altered. 15) The Group\u2019s turnover for the period 1\/1-30\/6\/2006 was decreased by \u20ac 1,585,644 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, the Group\u2019s turnover for the period 1\/1-30\/6\/2006 reached 10,767,672 \u20ac from 12,353,316 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity were influenced. 16) The Group\u2019s shareholders\u2019 equity as at 30\/6\/2006 was decreased by \u20ac 273,153 due to the corrections of errors in the measurement of receivables and loans of the amount of 138,327 and \u20ac 134,826 respectively. As a result, the Group\u2019s shareholders\u2019 equity as at 30\/6\/2006 reached \u20ac 14,326,193 from \u20ac 14,599,346, while results after taxes and minority interest for the periods 1\/1-30\/6\/2006 and 1\/4-30\/6\/2006 were not altered. 17) The Group\u2019s turnover for the period 1\/4-30\/6\/2006 was decreased by \u20ac 825,166 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, the Group\u2019s turnover for the period 1\/4-30\/6\/2006 reached \u20ac 6,089,248 from 6,914,414 \u20ac. From this rearrangement neither the results after taxes and minority interest nor the shareholders\u2019 equity were influenced. 18) The Group\u2019s turnover for the period 1\/1-30\/9\/2006 was decreased by \u20ac 1,585,644 due to the transfer of revenues from sales of tangible assets to the account \u201cother income\u201d. As a result, the Group\u2019s turnover for the period 1\/1-30\/9\/2006 reached \u20ac 16,749,895 from \u20ac18,335,539. From this rearrangement neither the results after taxes and minority interest nor the shareholders equity were influenced. 19) The Group\u2019s shareholders\u2019 equity as at 30\/9\/2006 was decreased by \u20ac 273,153 due to the corrections of errors in the measurement of receivables and loans of the amount of \u20ac 138,327 and \u20ac 134,826 respectively. As a result, the Group\u2019s shareholders\u2019 equity as at 30\/9\/2006 totalled \u20ac 16,569,266 from \u20ac 16,842,419, while the results after taxes and minority interest for the periods 1\/1-30\/9\/2006 and 1\/7-30\/9\/2006 were not altered.<\/p>\n
The reader, who wants to have a more complete picture of the above corrections and their effects on the turnover, the results after taxes and minority interest as well as on the shareholders\u2019 equity, should refer to the annual financial statements and the amended Figures and Information and not to the published Figures and Information concerning the periods 1\/1-31\/3\/2006, 1\/1-30\/6\/2006 and 1\/1-30\/9\/2006. Indicatively the reader can visit the Company\u2019s website at (www.kiriacoulis.com), where the above statements are posted.<\/p>\n
Athens, 28 March 2007<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
The company applying IAS 8 paragraph 42, proceeded to the correction of previous years\u2019 errors in hindsight and re-prepared the already published Figures and Information as of 31 December 2005<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[150],"tags":[],"class_list":["post-19102","post","type-post","status-publish","format-standard","hentry","category-year-2007"],"_links":{"self":[{"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/posts\/19102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/comments?post=19102"}],"version-history":[{"count":0,"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/posts\/19102\/revisions"}],"wp:attachment":[{"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/media?parent=19102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/categories?post=19102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/tags?post=19102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}