Dromeas : Figures and Information for the period of 01/01/2022-30/06/2022

ADDITIONAL FIGURES AND INFORMATION

7. The amounts of purchases and sales (transactions) from the beginning of the fiscal year and the balances of assets and liabilities at the end of the current fiscal year, resulting from transactions with related parties, according to IFRS 24, are as follows (in €):

PAPAPANAGIOTOU S.A. - "DROMEAS"

INDUSTRIAL JOINT-STOCK COMPANY OF COMMERCE AND AGENCIES

Number of General Commercial Register 114048152000 (Register Number of Joint Stock Companies 11045/06/Β/86/10)

COMPANY'S HEADQUARTERS: INDUSTRIAL AREA OF SERRES - MUNICIPALITY OF LEFKONAS SERRES

FIGURES AND INFORMATION FOR THE FISCAL PERIOD FROM JANUARY 1st 2022 TO JUNE 30th 2022

According to Decision 4/507/28.04.2009 of the Board of Directors of the Capital Market Commission

The figures and information illustrated below, derived from the financial statements, provide a general information about the financial position and results of "PAPAPANAGIOTOU S.A. - DROMEAS" and of the Group of companies "PAPAPANAGIOTOU S.A. - DROMEAS". We advise the reader, before making any investment decision or other transaction concerning the company, to visit the company's web site where the audit report of the external auditor and the financial statements are presented, according to the International Financial Reporting Standards.

	Competent Authority - Prefecture:
	Website address:	www.dromeas.gr
	Date of Approval of Annual Financial Statements:	29 of September 2022
	Board of Directors:	Prsident and CEO: Athanasios Κ. Papapanagiotou.
				Vice President and Non Executive Member: Grigorios B. Zarotiadis , Executive Members: Konstantinos A. Papapanagiotou, Stavroula A. Papakonstantinou
	Certified Auditor	Independand, Non Executive Members: Panangiotis Α. Panangiotakakis, Ιoannis Κ. Verginis.
	Dimitrios G. Plastaras Register Number of the Body of Certified Auditors Accountants 27771)
	Accountant: Auditing Firm:	METRON AUDITING S.A. (Register Number of the Body of Certified Auditors Accountants 158)
	Type of auditor's report:	Confirmed Opinion
			BALANCE SHEET															STATEMENT OF CHANGES IN SHAREHOLDER EQUITY
			(consolidated and non consolidated) amounts in thousand €											(consolidated and non consolidated) amounts in thousand €
				THE GROUP		THE COMPANY							THE GROUP		THE COMPANY
	ASSETS		30/06/22			31/12/21	30/06/22			31/12/21			Total equity capital at beginning of period (1/1/22 and 1/1/21 respectively)	1/1-30/6/22	1/1-30/6/21	1/1-30/6/22	1/1-30/6/21
	Non current tangible fixed assets	34,737,783.56			34,879,472.84	31,480,818.69			31,544,409.82			28,137,190.12	27,234,485.53	28,792,649.89	27,995,196.13
	Intangible assets	113,556.99			105,678.83	69,936.99			54,788.86			Total comprehensive income after taxes	449,881.24	91,087.09	440,752.54	68,797.63
	Other non-current assets	735,076.39			734,568.39	3,823,386.75			3,822,878.76			Distributed Dividends	0.00	0.00	0.00	0.00
	Inventories	15,269,319.76			13,411,753.98	14,979,558.06			13,182,614.16			Other changes	10,673.33	(145,833.79)	0.00	(156,472.88)
	Advances for inventories purchase	667,779.79			447,489.62	481,878.12			446,023.80			Total equity capital at end of period(30/06/21 and 30/06/20 respectively)	28,597,744.69		27,179,738.83		29,233,402.43		27,907,520.88
	Trade receivables	11,562,620.09			11,706,559.77	11,941,698.14			12,433,853.72
	Other current assets	2,659,598.65			3,741,129.24	2,312,346.66			3,369,996.64
	TOTAL ASSETS	65,745,735.23			65,026,652.67		65,089,623.41			64,854,565.76
																		CASH FLOW STATEMENT
	EQUITY CAPITAL & LIABIBLITIES																(consolidated and non consolidated) amounts in thousand €
	Share capital	10,763,200.00			10,763,200.00	10,763,200.00			10,763,200.00							Ο ΟΜΙΛΟΣ		Η ΕΤΑΙΡΙΑ
	Other equity capital	17,665,359.47			17,205,914.10	18,470,202.43			18,029,449.89							1/1-30/6/22	1/1-30/6/21	1/1-30/6/22	1/1-30/6/21
	Total Equity Capital of Parent Company's Holders (a)	28,428,559.47			27,969,114.10	29,233,402.43			28,792,649.89			Operational Activities
	Minority interest (b)	169,185.22			168,076.02	0.00			0.00			Profit /(loss) before taxes (continuing activities)	421,616.87	118,008.86	410,530.24	92,711.09
	Total Equity capital (c) = (a)+(b)	28,597,744.69			28,137,190.12		29,233,402.43			28,792,649.89			Plus / minus adjustments for :
	Long - term loan liabilities	15,909,000.00			16,955,300.00	15,809,000.00			16,805,000.00			Depreciation	655,884.88	636,733.34	590,278.51	577,369.24
	Deferred long - term tax liabilities	3,424,457.93			3,452,722.30	3,204,834.92			3,235,057.22			Provisions	99,213.53	0.00	99,213.53	0.00
	Provisions / Other long-term liabilities	2,269,370.92			2,305,555.80	1,638,737.14			1,663,150.35			Exchange differences	0.00	6,481.05	0.00	6,481.05
	Short - term loan liabilities	10,695,841.43			9,511,109.66	10,595,352.16			9,410,798.09			Debit interest and similar expenses	516,107.34	551,294.54	507,895.69	540,899.12
	Other short - term liabilities	4,849,320.26			4,664,774.79	4,608,296.76			4,947,910.21			Returns (income, expenses, profit, loss) from investment activity	(55,519.60)	(88,906.68)	(64,561.26)	(88,906.68)
	Total liabilities(d)	37,147,990.54			36,889,462.55		35,856,220.98			36,061,915.87			Plus/minus adjustments concerning changes in working capital accounts
	TOTAL EQUITY CAPITAL AND LIABILITIES (c) + (d)	65,745,735.23			65,026,652.67	65,089,623.41			64,854,565.76			or related to operating activities:
															Increase (decrease) in inventories	(2,077,855.95)	(1,117,213.05)	(1,832,798.22)	(1,165,913.07)
			INCOME STATEMENT									Increase/decrease in other receivables	177,949.33	(700,420.51)	544,327.34	(732,252.93)
			(consolidated and non consolidated) amounts in thousand €								Increase/decrease in liabilities (excluding loans)	184,545.46	215,073.56	(339,613.45)	400,636.85
				THE GROUP		THE COMPANY			Minus:
							Income taxes paid	0.00	0.00	0.00	0.00
Turnover	1/1-30/6/22			1/1-30/6/21	1/1-30/6/22			1/1-30/6/21			Total of cash flow (inflows - outflows) from operating activities (a)	(78,058.14)		(378,948.89)		(84,727.62)		(368,975.33)
11,695,790.54			8,956,859.28	11,587,755.49			8,854,668.62			Investemetn Activities
Gross profit/(loss)	4,416,496.90			3,717,035.29	4,272,667.78			3,579,750.64		Purchase of tangible and intangible fixed assets and other investments	(593,779.23)	(337,115.84)	(603,434.34)	(337,115.84)
Profit / (loss) before taxes, interest and investment											Proceeds from the sales of tangible and intangible assets	2,500.00	26,500.00	2,500.00	26,500.00
results	937,724.21			572,966.30	918,392.57			537,232.70		Proceeds from sale of financial investments	0.00	0.00	0.00	0.00
Profit / (loss) before taxes	421,616.87			118,008.86	410,530.24			92,711.09		Interest received	33.36	40.41	33.36	40.41
Profit / (loss) after taxes (A)	449,881.24			91,087.09		440,752.54			68,797.63		Proceeds from dividends	0.00	0.00	0.00	0.00
Equity holders of Parent company	449,502.68			90,066.07		440,752.54			68,797.63		Increase/(decrease) in other long - term receivables	0.00	0.00	0.00	0.00
Minority interest	378.56			1,021.02	0.00			0.00		Total of cash flow (inflows - outflows) from investment activities (b)	(591,245.87)		(310,575.43)		(600,900.98)		(310,575.43)
														Financing Activities
	Other total earnings after taxes (B)	0.00			0.00	0.00			0.00			Proceeds from increase of Share Capital	0.00	0.00	0.00	0.00
	Total comprehensive earnings after taxes (A) + (B)	449,881.24			91,087.09		440,752.54			68,797.63			Dividends paid	0.00	0.00	0.00	0.00
	Equity holders of Parent company	449,502.68			90,066.07		440,752.54			68,797.63			Proceeds from issued/received loans	7,565,260.96	5,728,604.48	7,565,260.96	5,728,604.48
	Minority interest	378.56			1,021.02	0.00			0.00			Repayment of loans	(7,942,969.89)	(6,503,417.89)	(7,884,602.58)	(6,472,448.66)
	Profit / (loss) after taxes per share (in €)												Repayment of finance lease liabilities (amortization)	0.00	0.00	0.00	0.00
	0.0129			0.0026		0.0127			0.0020			Total of cash flow (inflows - outflows) from financing activities ( c)	(377,708.93)		(774,813.41)		(319,341.62)		(743,844.18)
	Proposed Dividend						0.0000			0.0000			Net increase/(decrease) in cash and	(1,047,012.94)		(1,464,337.73)		(1,004,970.22)		(1,423,394.94)
	Profit / (loss) before taxes, interest and investment results												cash equivalents (a)+(b)+( c)
	and total depreciation	1,593,609.09			1,209,699.64		1,508,671.08			1,114,601.94			Cash and cash equivalents at beginning of period	2,960,922.75	3,536,457.23	2,754,864.40	3,333,434.75
															Cash and cash equivalents at end of period	1,913,909.81		2,072,119.50		1,749,894.18		1,910,039.81

1. The Group of companies that are included in the consolidated financial statements with their addresses and the percentage of ownership are as follows:

Full consolidation method

PAPAPANAGIOTOU S.A. - DROMEAS, Industrial Area of Serres	Parent company
Κ.Ε.Μ. Α.Β.Ε.Ε., IND.AREA SERRES	92.54%
DROMEAS B.G. EAD, Sofia-Bulgaria	100.00%

No changes in the incorporation method have occurred and there are no companies or / and joint ventures not included in the consolidated Financial Statements.

1. All accounting principles applied in these Financial Statements are the same as those applied at 31/12/2021
2. For the real estate encumbrances on fixed assets and mechanical equipment of the company and the group, we refer to the notes of the half-yearly financial report.
3. The number of employees in the group and the company is:

	GROUP			COMPANY
	6/30/2022			6/30/2021	6/30/2022	6/30/2021
Employees (at mentioned period)	59			56	56	53
Workers (at mentioned period)	240			217	218	193
Total	299			273		274		246

1. There are no litigations under dispute or under arbitration of judicial or administrative bodies, that may have important repercussion in the financial position of the Company and the Group.
2. Detailed information on the amounts of provisions for bad debts, for unaudited tax years and for other provisions, both for the group and for the company, are listed in the corresponding notes of the half-yearly financial report.

	GROUP	COMPANY
	6/30/2022	6/30/2022
a) Income	-	123,483
b) Expenses	23,750	465,091
c) Receivables from related parties	-	512,683
d) Liabilities to related parties	5,712	87,185
e) Transactions and remunerations of managers and Board members	204,350	187,122
f) Receivables from managers and Board members	78,071	-
g) Liabilites of managers and Board members	20,279	20,279

1. The profit per share in the current and previous period have been calculated according to the weighted average number of shares of the Parent company.
2. The unaudited tax years of the Parent company and of the other Group companies are presented in detail in the corresponding section of the annual financial report.
3. At the end of the current fiscal year, there are no shares of the Parent company possesed by the Parent company or by the subsidiaries and associated companies.
4. There are no other significant issues after 30/6/2022, which would diversify the published data and information in

the Financial Statements

1. There has not occurred an interruption of individual sectors or company of the Group.
2. Analysis of the other changes in Equity capital is included in the respective notes of the Annual Financial Report.

Chairman and CEO	THE EXECUTIVE MEMBER	Chief Accountant
ATHANASIOS K. PAPAPANAGIOTOU	STAVROULA A. PAPAKONSTANTINOU	THEODOROS TRIANTAFYLLIDIS
I.D. ΑM 430530	I.D. Ξ 430531	First Class Accountant, Reg. No.: 65724