67
66
Annual Financial Statements
MYTILINEOS GROUP
MYTILINEOS S.A.
(Amounts in thousands
€
)
1/1-31/12/2014 1/1-31/12/2013
1/1-31/12/2014 1/1-31/12/2013
Sales
1,232,604
1,402,954
14,410
16,918
Cost of sales
4.17
(991,785)
(1,209,508)
(14,386)
(16,889)
Gross profit
240,819
193,445
24
29
Other operating income
4.19
69,570
62,254
24,159
13,983
Distribution expenses
4.18
(3,024)
(3,388)
-
-
Administrative expenses
4.18
(61,082)
(54,598)
(13,018)
(11,515)
Research & Development expenses
(947)
(257)
-
-
Other operating expenses
4.19
(47,706)
(37,409)
(3,824)
(1,061)
Earnings before interest and income tax
197,630
160,047
7,341
1,436
Financial income
4.20
9,205
5,313
102
374
Financial expenses
4.20
(71,092)
(75,106)
(20,118)
(17,056)
Other financial results
4.21
808
(1,567)
7,947
15,267
Share of profit of associates
(241)
(14,903)
-
(15,929)
Profit before income tax
136,311
73,784
(4,728)
(15,908)
Income tax expense
4.22
(22,643)
(13,058)
2,504
2,406
Profit for the period
4.24
113,667
60,725
(2,224)
(13,502)
Result from discontinuing operations
4.25
(259)
(202)
-
-
Profit for the period
113,408
60,523
(2,224)
(13,502)
Attributable to:
Equity holders of the parent
4.23
64,890
15,910
(2,224)
(13,502)
Non controlling Interests
48,519
44,613
-
-
Basic earnings per share
0.5550
0.1408
(0.0190)
(0.1195)
Diluted earnings per share
0.5550
0.1408
(0.0190)
(0.1195)
Summury of Results from continuing operations
Earnings before income tax,financial results,depreciation and
amortization (Cicular No.34 Hellenic Capital Market)
253,896
225,367
7,725
1,896
Oper.Earnings before income tax,financial
results,depreciation and amortization
253,943
225,305
7,725
1,896
Earnings before interest and income tax
197,630
160,047
7,341
1,436
Profit before income tax
136,311
73,784
(4,728)
(15,908)
Profit for the period
4.24
113,667
60,725
(2,224)
(13,502)
MYTILINEOS GROUP
MYTILINEOS S.A.
(Amounts in thousands
€
)
31/12/2014 31/12/2013
31/12/2014 31/12/2013
Other Comprehensive Income:
Net Profit/(Loss) For The Period
113,408
60,523
(2,224)
(13,502)
Items that will not be reclassified to profit or loss:
Actuarial Gain / (Losses)
4.14
(2,501)
(5,882)
(68)
21
Deferred tax from actuarial gain/(losses)
427
-
19
-
Gain / (Loss) From Sale Of Treasury Stock
-
(79,073)
-
(79,058)
Items that may be reclassified subsequently to profit or
loss:
Exchange Differences On Translation Of Foreign Operations
(13,940)
(611)
-
-
Available For Sale Financial Assets
-
13,371
-
15,929
Cash Flow Hedging Reserve
(2,252)
87
-
-
Income Tax Relating To Components Of Other Comprehensive
Income
-
(3)
-
-
Reserve Variation From Tax Rate Revaluation
-
(11,942)
-
-
Other Comprehensive Income:
(18,266)
(84,053)
(49)
(63,107)
Exchange Differences On Translation Of Foreign
Operations
95,143
(23,530)
(2,273)
(76,610)
Total comprehensive income for the period attributable to:
Equity attributable to parent’s shareholders
53,320
(67,965)
(2,273)
(76,610)
Non controlling Interests
41,823
44,436
-
-
We confirm that the attached Financial Statements are those approved by the Board of Directors of “MYTILINEOS S.A.”
at 17.03.2015 and have been published to the electronic address
, were they will remain posted for a
minimum period of five (5) years. It is noted that the published, in the press, brief financial data aim to provide the user
with general information but do not present a full picture of the Company’s and Group’s financial results and position,
according to International Accounting Standards. It is also noted that, for simplification purposes, the published, in the
press, brief financial data contain summarizations or reclassifications of certain figures.
The comparative Financial Statements of 2013 and 2012 have been adjusted retrospectively (note 3.9).
Income Statement
The notes on pages 61 to 143 are an integral part of these financial statements.
*The comparative Financial Statements of 2013 and 2012 have been adjusted retrospectively (note 3.9).
Statement of Comprehensive Income
The notes on pages 78 to 143 are an integral part of these financial statements
*The comparative Financial Statements of 2013 and 2012 have been adjusted retrospectively (note 3.9).
MYTILINEOS GROUP
(Amounts in thousands
€
)
1/1-31/12/2014 1/1-31/12/2013
Summury of Results from continuing operations
(A)Definition of line item: Earnings before income tax,financ results,depr&amort (Cicular No.34
Hellenic Capital Market)
Profit before income tax
136,311
73,784
Plus: Financial results
61,079
71,361
Plus: Capital results
241
14,903
Plus: Depreciation
56,266
65,320
Earnings before income tax,financial results,depreciation and amortization
253,896
225,367
(B)Definition of line item: OperEarnings before income tax,financ.res,depr&amort
Profit before income tax
136,311
73,784
Plus: Financial results
61,079
71,361
Plus: Capital results
241
14,903
Plus: Depreciation
56,266
65,320
Subtotal
253,896
225,367
Plus: Other operating results (Ι)
-
-
Plus: Other operating results (ΙΙ)
47
(62)
Oper.Earnings before income tax,financial results,depreciation and amortization
253,943
225,305
