Notification
Without qualifying our opinion for the Fiscal year that ended on the 31st of December 2005, we draw attention to the matters below:
(a) Changes: The consolidated and standalone total equity of the Group and the Company as of 1st January 2004 and 31st December 2004 respectively, as well as the related consolidated and standalone income statements for the year ended 31st December 2004, are presented modified in comparison with those previously published in the interim IFRS financial statements for the year ended 31st December 2005. Within the first half of 2005, a Group?s subsidiary recognized impairment loss on its fixed asset. The loss that arose came to the amount of Euro 1.250 thous and it was recognized in the retained earnings at the transition date. For the parent company there was recognized an impairment loss on its participation of Euro 1.039 thous. Also during the preparation of the financial statements for the year there was a change in the Group's numbers for personell provisions of a subsidiary company recuding shareholders equity by Euro 29 thous at 1/1/2004, by Euro 41 thous at 31/12/2004 and the profit at 31/12/2004 by Euro12 thous.
(b) Tax Unaudited fiscal years: The tax liabilities of the Company and of its subsidiaries have not been audited by the tax authorities for certain fiscal years, as a result, they have not been finalised to date. The outcome from a future tax examination cannot be pre-determined and, accordingly, no respective reserve has been provided in the accompanying financial statements.