The Interim Financial Statements and the Summary Financial Statements of the period 1 January to 30 September 2006 of the company FRIGOGLASS have been revised and approved by the BoD, on the 14th of December 2006. Specifically:
1) In the Statement of Changes in Equity in the Interim Financial Statements the Group and Parent company comparative amounts for the year 2005 have been presented analytically for the periods 1/1/2005 to 30/9/2005 and 1/10/2005 to 31/12/2005 instead of the Full Year 2005.
2) Α) In Additional Information (2) of the Summary Financial Statements the discontinued operation''s, VPI SA, Sales, EBT, and EBITDA have been included. The amounts are presented below:
Sales for the 9-month period and for the third Quarter of 2005 were recorded at 64.929 thousand Euros and 22.547 thousand Euros respectively, while for the period 01/01/2006 to 28/2/2006 (date for the sale of VPI) were recorded at 10.534 thousand Euros.
EBT for the 9-month period and for the third Quarter of 2005 was recorded at 2.030 thousand Euros and 1.748 thousand Euros respectively, while for the period 01/01/2006 to 28/2/2006 it was zero.
EBITDA for the 9-month period and for the third Quarter of 2005 was recorded at 5.649 thousand Euros and 2.916 thousand Euros respectively, while for the period 01/01/2006 to 28/2/2006 were recorded at 701 thousand Euros.
B) In note (27) of the Interim Financial Statements the Income Statement analysis of VPI SA has been included in parent company basis.
3) In the Cash Flow Statement in the Interim Financial Statements and the Summary Financial Statements the cash flows of the Group have been presented in total continuing and discontinued operations (VPI SA) for the periods 1/1/2005 to 30/9/2005 and 1/1/2006 to 30/9/2006, while previously only cash flows from continuing operations were presented. Moreover, in the cash flows from operating activities of the parent company the total 13.461 thousand Euros Profit before tax has been reformed as: 12.450 thousand Euros Profit before income tax from continuing operations and 1.011 thousand Euros Profit before tax from discontinued operations.
4) In note (27) of the Interim Financial Statements the cash flows from operating, investing and financing activities have been included in consolidated and parent company basis of the discontinued operations VPI SA for the periods 1/1/2005 to 30/9/2005 and 1/1/2006 to 28/2/2006.
5) In the Group Income Statement of the Interim Financial Statements and the Summary Financial Statements a note has been added, according to which Losses from restructuring activities have been incorporated in the calculation of EBITDA. Furthermore, in the Company''s Income Statement for the period 1/1/2005 to 30/9/2005 the amount of 1.011 thousand Euros has been deducted from the Income from Subsidiaries, referring to dividends from VPI SA, and an equal amount has been added to profit for the year after income taxes from discontinued operations.