ATHENS WATER SUPPLY & SEWAGE Co.
Q1 2013 KEY FIGURES & RESULTS
Athens, May 31st 2013
Q1 2013 KEY FIGURES & RESULTS
In Q1 2013, the turnover of the Group and EYDAP S.A., reached € 73.1 mn., compared to € 76.1 mn. in Q1 2012.
Earnings before interest, taxes, depreciation and amortization (EBITDA) reached € 17.4 mn. compared with € 19.9 mn. of the previous year. Earnings before taxes reached € 8.6 mn. compared with € 8.8 mn. of the last year's respective quarter. The after-tax earnings in Q1 2013 summed up to € 25.7 mn. compared with € 6.3 mn. in Q1 2012.
The change in the corporate tax rate from 20% to 26%, affected significantly the deferred tax asset by € 20 mn. improving profits after taxes.