Announcement
REVISED NOTES 10 and 14 OF ADDITIONAL RECORDS AND ACCOUNTS OF NINE-MONTHS PERIOD 2006
Note 10
For the period 01/01/2006 to 30/09/2006, a) Companys sales of goods and services to related-parties as defined in IAS 24, amount to 2.686k, b) Companys purchases of goods and services from related-parties as defined in IAS 24, amount to 95k, c) Companys payables to and receivables from related-parties as defined in IAS 24, rose to 47.333k and to 26.688k respectively, d) Company's transactions with and benefits to management as defined in IAS 24, amount to 447k, e) Companys payables to and receivables from management as defined in IAS 24, are zero.
For the period 01/01/2006 to 30/09/2006, a) Groups sales of goods and services to related-parties as defined in IAS 24, amount to 1.581k, b) Groups purchases of goods and services from related-parties as defined in IAS 24, amount to 3.438k, c) Groups receivables from and payables to related-parties as defined in IAS 24, amount to 208k and 63.091k respectively, d) Group's transactions with and benefits to management as defined in IAS 24, amount to 35k and 447k respectively and e) Groups payables to and receivables from management as defined in IAS 24, are zero.
Note 14
At 04/08/2006 the Company announced that has signed a sale pre-agreement of the 50% of shares of its subsidiary Lamda Olympia Village S.A, owner of the commercial and leisure centre The Mall Athens. The transfer of shares is expected to be concluded following the completion of the conditions of the sale agreement, among which is the granting of the necessary approvals from the authorities. Specifically, following the completion of the transaction, HSBC LUXEMBURG SARL will own 13.006.105 shares of Lamda Olympia Village S.A., which represent 49,239% of the companys share capital.