The Company announces the adjustment of previous financial year figures in order to render them comparable to those of the current period. More specifically the following adjustments were effected:
1) Company and Group Equity on December 31st , 2005 were reduced from the published figures, and short term liabilities increased respectively by an amount of Euro 567 thd, representing a not recorded provision for Board of Directors compensation. Similarly, Company and Group profits for the first half of 2005 were reduced by Euro 283 thd, i.e. by half the pre-mentioned amount concerning Board member compensations.
2) Group Equity was reduced and minority rights increased by Euro 1,125 thd and Euro 1,209 thd as at June 30th, 2005 and December 31st , 2005 respectively. This transfer concerns minority shareholders portion against subsidiaries negative equity which must be attributed to the Group. Similarly, profits due to Company shareholders for the first half of 2005 are reduced by Euro 93 thd as are losses allocated to minority shareholders respectively. Moreover, retrospective adjustments were made to comparative figures in the financial statements in order to make current period figures comparable to the ones of the respective period last year.
Details on the above mentioned adjustments are included in paragraph 5.13 of the Notes to the Condensed Financial Statements for the period ended June 30, 2006. The Notes are posted on the company website www.notoscom.gr