Capital Link Greece | Investing In Greece

FIRST HALF 2009 RESULTS

PC SYSTEMS announced the first half 2009 financial results according to the International Financial Reporting Standards (IFRS). The Group's turnover amounted to Åuro 7.7 million versus Åuro 6.2 million in the corresponding period of 2008. Pre tax income for the same period appears to be negative and amounts to Euro (1.6) million versus Euro (1.7) million in H1 2008. Total assets reached Euro 45.3 million for the first half of 2009 compared to Euro 48.5 million. Net equity reached Euro 11.4 million against Euro 12.9 million in the previous fiscal year.

At parent company level turnover, according to the International Financial Reporting Standards (IFRS), amounted to Euro 7.7 million versus Euro 6.2 million in H1 2008. Pre tax income is negative at Euro (1.6) million versus Euro (1.8) million in the respective previous year period. Net equity reached Euro 11.5 million against Euro 12.9 million in the previous fiscal year.

FIRST QUARTER 2009 RESULTS

PC SYSTEMS announced the first quarter 2009 financial results according to the International Financial Reporting Standards (IFRS). The Group's turnover amounted to Åuro 2.7 million versus Åuro 3.4 million in the corresponding quarter of 2008. Pre tax income for the same period amounts to Euro 1.4 million versus Euro -763 thousand in in Q1 2008. Total assets reached Euro 42.9 million for the first quarter of 2009 compared to Euro 48.5 million. Net equity reached Euro 11.6 million against Euro 12.9 million in the previous fiscal year.

At parent company level turnover, according to the International Financial Reporting Standards (IFRS), amounted to Euro 2.7 million versus Euro 3.4 million in Q1 2008. Pre tax income is negative at Euro 1.4 million versus Euro -731 thousand profit in the respective previous year period. Net equity reached Euro 11.7 million against Euro 12.9 million in the previous fiscal year.

2008 FINANCIAL RESULTS

PC SYSTEMS announced the annual 2008 financial results according to the International Financial Reporting Standards (IFRS). The Group's EBITDA amounted to Åuro 3,092,186 versus Åuro 2,267,318 in 2007, posting an increase of 36%. Pre tax income for the same period amounts to Euro 1,359,281 versus Euro 829,513 in 12M 2007, posting an increase of 63%. In accordance with the Annual Financial Statements, Earnings After Taxes Total reached Euro 764,997 for the twelve months of 2008 compared to losses of Euro 1,269,551 in the fiscal year 2007.

NINE MONTH 2008 FINANCIAL RESULTS

PC SYSTEMS announced the nine months 2008 financial results according to the International Financial Reporting Standards (IFRS). The Group's turnover amounted to Åuro 11.7 million versus Åuro 16.9 million in the corresponding nine months of 2007. Pre tax income for the same period amounts to Euro (976) thousand versus Euro 58.9 million in 9M 2007. Total assets reached Euro 45.6 million for the nine months of 2008 compared to Euro 27 million in the fiscal year 2007. Net equity reached Euro 11 million against Euro 5.2 million in the previous fiscal year.

FIRST HALF 2008 RESULTS

PC SYSTEMS announced the first half 2008 financial results according to the International Financial Reporting Standards (IFRS). The Group's turnover amounted to Åuro 6.239 million versus Åuro 12.152 million in the corresponding half of 2007. Pre tax income for the same period amounts to Euro -1,738 thousand versus Euro 138 thousand in H1 2007. Total assets reached Euro 26.011 million for the first half of 2008 compared to Euro 26.668 million. Net equity reached Euro 3.441 million against Euro 1.307 million in the previous fiscal year.

FIRST QUARTER 2008 RESULTS

PC SYSTEMS announced the first quarter 2008 financial results according to the International Financial Reporting Standards (IFRS). The Group's turnover amounted to Åuro 3.36 million versus Åuro 9.87 million in the corresponding quarter of 2007. Pre tax income for the same period amounts to Euro -762 thousand versus Euro 482 thousand in in Q1 2007. Total assets reached Euro 24.9 million for the first quarter of 2008 compared to Euro 26.9 million. Net equity reached Euro 4.42 million against Euro 5.18 million in the previous fiscal year.

At parent company level turnover, according to the International Financial Reporting Standards (IFRS), amounted to Euro 3.4 million versus Euro 6.2 million in Q1 2007. Pre tax income is negative at Euro 731 thousand versus Euro 321 thousand profit in the respective previous year period. Net equity reached Euro 4.58 million against Euro 5.3 million in the previous fiscal year.

NINE MONTH 2007 FINANCIAL RESULTS

PC SYSTEMS announced the nine months 2007 financial results according to the International Financial Reporting Standards (IFRS). The Group's turnover amounted to Åuro 14.4 million versus Åuro 13.2 million in the corresponding nine months of 2006. Pre tax income for the same period amounts to Euro (432.47) thousand versus Euro (1.91) million in 9M 2006. Total assets reached Euro 26.9 million for the nine months of 2007 compared to Euro 23.8 million in the fiscal year 2006. Net equity reached Euro 1.05 million against Euro 0.13 million in the previous fiscal year.

At parent company level turnover, according to the International Financial Reporting Standards (IFRS), amounted to Euro 14.4 million versus Euro 13.2 million in 9M 2006. Pre tax income is negative at Euro 0.34 million versus Euro (1.89) million in the respective previous year period. Net equity reached Euro 1.15 million against Euro 0.17 million in the previous fiscal year.

FIRST HALF 2007 RESULTS

PC SYSTEMS announced the first half 2007 financial results according to the International Financial Reporting Standards (IFRS). The Group's turnover amounted to 9.6 million Åuro versus 12.2 million Åuro in the corresponding half of 2006. Pre tax income for the same period amounts to (35) thousand Euro versus (1.3) million Euro in H1 2006. Total assets reached 26.6 million Euro for the first half of 2007 compared to 26.2 million Euro in the fiscal year 2006. Net equity reached 1.3 million Euro against 1.1 million Euro in the previous fiscal year.

At parent company level turnover, according to the International Financial Reporting Standards (IFRS), amounted to 9.6 million Euro versus 6.2 million Euro in H1 2006. Pre tax income is negative at (35) thousand Euro versus (1.3) million Euro in the respective previous year period. Net equity reached 1.3 million Euro against 166 thousand Euro in the previous fiscal year.

2006 FINANCIAL RESULTS

PC SYSTEMS announced the 2006 financial results according to the International Financial Reporting Standards (IFRS).

The Group's turnover amounted to Åuro 27.7 million versus Åuro 30.5 million in 2005. Pre tax income for the same period amounts to Euro -1,535.6 thousand versus Euro -3,812.0 thousand in 2005. Total assets reached Euro 26.2 million for 2006 compared to Euro 26.0 million in the fiscal year 2005. Net equity reached Euro 1.06 million against Euro 3.2 million in the previous fiscal year.

At parent company level turnover, according to the International Financial Reporting Standards (IFRS), amounted to Euro 19.7 million versus Euro 19.3 million in 2005. Pre tax income is negative at Euro 1,923.3 thousand versus Euro 3,808.4 thousand in the respective previous year period. Net equity reached Euro 166.1 thousand against Euro 2.5 million in the previous fiscal year.

NINE MONTH 2006 FINANCIAL RESULTS

PC SYSTEMS announced the nine months 2006 financial results according to the International Financial Reporting Standards (IFRS). The Group's turnover amounted to Åuro 19.6 million versus Åuro 23.9 million in the corresponding nine months of 2005. Pre tax income for the same period amounts to Euro (2.02) million versus Euro (2.08) million in 9M 2005. Total assets reached Euro 25.2 million for the nine months of 2006 compared to Euro 26.1 million in the fiscal year 2005. Net equity reached Euro 0.7 million against Euro 3.3 million in the previous fiscal year.

At parent company level turnover, according to the International Financial Reporting Standards (IFRS), amounted to Euro 13.2 million versus Euro 15.9 million in 9M 2005. Pre tax income is negative at Euro 1.9 million versus Euro (2.5) million in the respective previous year period. Net equity reached Euro 0.3 million against Euro 2.6 million in the previous fiscal year.

FIRST HALF 2006 RESULTS

PC SYSTEMS announced the first half 2006 financial results according to the International Financial Reporting Standards (IFRS). The Group's turnover amounted to Åuro 12.2 million versus Åuro 17.7 million in the corresponding half of 2005. Pre tax income for the same period amounts to Euro (2.1) million versus Euro (1.1) million in H1 2005. Total assets reached Euro 24.6 million for the first half of 2006 compared to Euro 26.0 million in the fiscal year 2005. Net equity reached Euro 0.11 million against Euro 3.2 million in the previous fiscal year.

At parent company level turnover, according to the International Financial Reporting Standards (IFRS), amounted to Euro 6.1 million versus Euro 12.1 million in H1 2005. Pre tax income is negative at Euro (2.0) million versus Euro (1.2) million in the respective previous year period. Net equity reached Euro 0.19 million against Euro 2.5 million in the previous fiscal year.

FIRST QUARTER 2006 RESULTS

PC SYSTEMS announced the first quarter 2006 financial results according to the International Financial Reporting Standards (IFRS). The Group's turnover amounted to Åuro 4.8 million versus Åuro 10.7 million in the corresponding quarter of 2005. Pre tax income for the same period amounts to Euro -2,177 thousand versus Euro -354 thousand in in Q1 2005. Total assets reached Euro 22.2 million for the first quarter of 2006 compared to Euro 26.0 million. Net equity reached Euro 1.3 million against Euro 3.2 million in the previous fiscal year.

At parent company level turnover, according to the International Financial Reporting Standards (IFRS), amounted to Euro 1.7 million versus Euro 7.9 million in Q1 2005. Pre tax income is negative at Euro 2,186 thousand versus Euro -354 thousand in the respective previous year period. Net equity reached Euro 594 thousand against Euro 2.5 million in the previous fiscal year.

2005 FINANCIAL RESULTS

PC SYSTEMS announced the 2005 financial results according to the International Financial Reporting Standards (IFRS). The Group's turnover amounted to Åuro 30.5 million versus Åuro 60.2 million in 2004. Pre tax income for the same period amounts to Euro -3,812.0 thousand versus Euro 1,794.2 thousand in 2004. Total assets reached Euro 26.0 million for 2005 compared to Euro 37.8 million in the fiscal year 2004. Net equity reached Euro 3.2 million against Euro 9.2 million in the previous fiscal year.

At parent company level turnover, according to the International Financial Reporting Standards (IFRS), amounted to Euro 19.3 million versus Euro 49.6 million in 2004. Pre tax income is negative at Euro 3,808.4 thousand versus positive Euro 1,679.8 thousand in the respective previous year period. Net equity reached Euro 2.5 million against Euro 8.5 million in the previous fiscal year.

NINE MONTH 2005 FINANCIAL RESULTS

PC SYSTEMS announced the nine months 2005 financial results according to the International Financial Reporting Standards (IFRS). The Group's turnover amounted to Åuro 23.8 million versus Åuro 44.2 million in the corresponding nine months of 2004. Pre tax income for the same period amounts to Euro -2,088.5 thousand versus Euro 2,465.5 thousand in 9M 2004. Total assets reached Euro 27.8 million for the nine months of 2005 compared to Euro 37.8 million in the fiscal year 2004. Net equity reached Euro 6.5 million against Euro 9.2 million in the previous fiscal year.

At parent company level turnover, according to the International Financial Reporting Standards (IFRS), amounted to Euro 15.8 million versus Euro 36.6 million in 9M 2004. Pre tax income is negative at Euro 2,486.5 thousand versus positive Euro 2,250.7 thousand in the respective previous year period. Net equity reached Euro 4.8 million against Euro 8.5 million in the previous fiscal year.

FIRST HALF 2005 RESULTS

PC SYSTEMS announced the first half 2005 financial results according to the International Financial Reporting Standards (IFRS). The Group's turnover amounted to Åuro 17.7 million versus Åuro 26.0 million in the corresponding half of 2004. Pre tax income for the same period amounts to Euro -1,129.7 thousand versus Euro 845.1 thousand in H1 2004. Total assets reached Euro 30.2 million for the first half of 2005 compared to Euro 37.8 million in the fiscal year 2004. Net equity reached Euro 7.7 million against Euro 9.2 million in the previous fiscal year.

At parent company level turnover, according to the International Financial Reporting Standards (IFRS), amounted to Euro 12.1 million versus Euro 20.6 million in H1 2004. Pre tax income is negative at Euro 1,127.0 thousand versus positive Euro 617.3 thousand in the respective previous year period. Net equity reached Euro 5.9 million against Euro 8.5 million in the previous fiscal year.

FIRST QUARTER 2005 RESULTS

PC SYSTEMS announced the first quarter 2005 financial results according to the International Financial Reporting Standards (IFRS). The Group's turnover amounted to Åuro 10.7 million versus Åuro 12.7 million in the corresponding quarter of 2004. Pre tax income for the same period amounts to Euro -354.7 thousand versus Euro 229.3 thousand in Q1 2004. Total assets reached Euro 35.2 million for the first quarter of 2005 compared to Euro 37.8 million in the fiscal year 2004. Net equity reached Euro 9.2 million against Euro 8.8 million in the previous fiscal year.

At parent company level turnover, according to the International Financial Reporting Standards (IFRS), amounted to Euro 7.9 million versus Euro 9.8 million in Q1 2004. Pre tax income is negative at Euro 354 thousand versus positive Euro 161.6 thousand in the respective previous year period. Net equity reached Euro 7.7 million against Euro 8.5 million in the previous fiscal year.

2004 FINANCIAL RESULTS

PC SYSTEMS announced its consolidated financial results for the fiscal year 2004. Consolidated turnover amounted to Åuro 60.24 million versus Åuro 48.58 million in 2003 posting an increase of 24%. Consolidated pre tax profits after minority rights amounted to Euro 666 thousand versus Euro 385 thousand in 2003, increased by 73%. Total assets amounted Euro 41.3 million during 2004 from Euro 43.1 million in 2003, decreased by 4.06%. Total equity decreased by 1.59% and reached Euro 14.14 million from Euro 14.37 million in the corresponding last year period.

At parent level, turnover for the fiscal year 2004 amounted to Euro 49.67 million versus Euro 37.69 million in 2003 noting a increase of 32%. Pre tax profits reached Euro 618 thousand in 2004 versus Euro 360 thousand in 2003 noting an increase of 71%.

NINE MONTH 2004 FINANCIAL RESULTS

PC SYSTEMS announced its financial results for the third quarter of 2004. Consolidated turnover in the third quarter of 2004 reached 44,238 Euro thousand versus 34,321 during the third quarter of 2003, increased by 28.89%, while consolidated pre tax profits amounted to Euro 1,594 thousand during the third quarter of 2004 versus 338 thousand in the third quarter of 2003, presenting an increase of 371.6% approximately. Total Equity amounted to Euro 15,510 thousand from 14,124 thousand in 2003, while total liabilities noted an decrease of 6.29% approximately and reached Euro 28,447 thousand from Euro 30,357 in the corresponding last year's period.

PC SYSTEMS on a parent level, presented a turnover of Euro 36,608 from Euro 26,323 thousand in the third quarter of 2003 noting an increase of approximately 39.07%. In addition, pre-tax profits increased by 404.53% and amounted to Euro 1,559 thousand in the third quarter of 2004 from Euro 309 thousand during the third quarter of 2003.

FIRST HALF 2004 RESULTS

PC SYSTEMS announced its financial results for the first half of 2004. Consolidated turnover in the first quarter of 2004 reached 26,041 Euro thousand versus 21,555 during the first half of 2003, increased by 20.81%, while consolidated pre tax profits amounted to Euro 201 thousand during the first half of 2004 versus 99 thousand in the first half of 2003, presenting an increase of 100.3% approximately. Total Equity amounted to Euro 13,608 thousand from 13,484 thousand in 2003, while total liabilities noted an increase of 2.25% approximately and reached Euro 27,245 thousand from Euro 26,643 in the corresponding last year's period.

PC SYSTEMS on a parent level, presented a turnover of Euro 20,669 from Euro 15,952 thousand in the first half of 2003 noting an increase of approximately 30%. In addition, pre-tax profits increased by 236% and amounted to Euro 160 thousand in the first half of 2004 from Euro 48 thousand during the first half of 2003.

FIRST QUARTER 2004 RESULTS

PC SYSTEMS announced its financial results for the first quarter of 2004. Consolidated turnover in the first quarter of 2004 reached 12,733 Euro thousand versus 10.633 during the first quarter of 2003, increased by 19.74%%, while consolidated pre tax profits amounted to Euro 146 thousand during the first quarter of 2004 versus 108 thousand in the first quarter of 2003, presenting an increase of 35.22% approximately. Total Equity amounted to Euro 13,693 thousand from 13,808 thousand in 2003, while total liabilities noted a decrease of 0.05% approximately and reached Euro 29,151 thousand from Euro 30,855 in the corresponding last year's period.

PC SYSTEMS on a parent level, presented a turnover of Euro 9,891 from Euro 7,609 thousand in the first quarter of 2003 noting an increase of approximately 30%. In addition, pre-tax profits increased by 93% and amounted to Euro 113 thousand in the first quarter of 2004 from Euro 58 thousand during the first quarter of 2003.

2003 FINANCIAL RESULTS

PC SYSTEMS announced its consolidated financial results for the fiscal year 2003. According to these, consolidated turnover amounted to Åuro 48.58 million versus Åuro 51.63 million in 2002 noting decrease of 6%. At the same time consolidated pre tax profits after minority rights amounted to Euro 385 thousand versus Euro 225 thousand in 2002, increased by 71.11%. Total assets amounted Euro 43.1 million during fiscal year 2003 from Euro 49.5 million in 2002, decreased by 13.1%. Total equity increased by 3.46% and reached Euro 14.37 million from Euro 13.89 million in the corresponding last year's period.

PC SYSTEMS S.A. announced its parent turnover for the fiscal year 2003,which amounted to Euro 37.69 million versus Euro 39.67 million in 2002 noting a decrease of 5%. Pre tax profits reached Euro 361 thousand in 2003 fiscal year from Euro 39.9 thousand in 2002 noting an increase of 904%.

NINE MONTH 2003 FINANCIAL RESULTS

PC SYSTEMS announced its financial results for the third quarter of 2003. Consolidated turnover for the third quarter of 2003 reached Euro 34,321 thousand versus Euro 35,914 during the third quarter of 2002, decreased by 4.4%, while consolidated pre tax profits after the proportion of minority shares amounted to Euro 338 thousand during the third quarter of 2003 versus Euro 127 thousand in the corresponding period last year, presenting an impressive increase. Total Equity amounted to Euro 14,124 thousand from 13,407 thousand in 2002, increased by 5.3%. Total liabilities noted an increase by 4.3% and reached Euro 30,358 thousand from Euro 29,101 in the corresponding last year's period.

PC SYSTEMS on a parent level, presented turnover of Euro 26,323 from Euro 27,460 thousand in the third quarter of 2002 noting a decrease of approximately 14.1%. In addition, pre-tax profits decreased and amounted to Euro 309 thousand in the first half of 2003 from approximately Euro one thousand during the third quarter of 2002.

FIRST HALF 2003 RESULTS

PC SYSTEMS announced its financial results for the first half of 2003. Consolidated turnover for the first half of 2003 reached Euro 21,555 thousand versus Euro 23,989 during the first half of 2002, decreased by 10%, while consolidated pre tax profits after the proportion of minority shares amounted to Euro 99 thousand during the first half of 2003 versus Euro 204 thousand in the corresponding period last year, presenting a decrease of 51% approximately. Total Equity amounted to Euro 13,908 thousand from 13,555 thousand in 2002, increased by 2,6%. Total liabilities noted a decrease by approximately 16% and reached Euro 26,644 thousand from Euro 31,896 in the corresponding last year’s period.

PC SYSTEMS on a parent level, presented turnover of Euro 15,952 from Euro 18,097 thousand in the first half of 2002 noting a decrease of approximately 12%. In addition, pre-tax profits decreased by 63% and amounted to Euro 48 thousand in the first half of 2003 from Euro 29 thousand during the first half of 2002.

FIRST QUARTER 2003 RESULTS

PC SYSTEMS announced its financial results for the first quarter of 2003. Consolidated turnover in the first quarter of 2003 reached 10,633 Euro thousand versus 9,764 during the first quarter of 2002, increased by 8.9%, while consolidated pre tax profits amounted to Euro 108 thousand during the first quarter of 2003 versus 291 thousand in the first quarter of 2002, presenting a decrease of 62% approximately. Total Equity amounted to Euro 13,808 thousand from 13,513 thousand in 2002, increased by 2.17%, while total liabilities noted an increase of 38% approximately and reached Euro 30,855 thousand from Euro 22,254 in the corresponding last year’s period.

PC SYSTEMS on a parent level, presented a turnover of Euro 7,609 from Euro 7,000 thousand in the first quarter of 2002 noting an increase of approximately 8.7%. In addition, pre-tax profits decreased by 74% and amounted to Euro 58 thousand in the first quarter of 2003 from Euro 224 thousand during the first quarter of 2002.

2002 FINANCIAL RESULTS

PC SYSTEMS announced its consolidated financial results for the fiscal year 2002. According to these, consolidated turnover amounted to €51.63 million versus €59.12 million in 2001 noting decrease of 12.7%. At the same time consolidated pre tax profits after minority rights amounted to 225 thousand versus 2.54 million in 2001, decreased by 91.15%. Total assets amounted 49.5 million during fiscal year 2002 from 37.7 million in 2001, increased by 31.3%. Total equity increased by 6.6% and reached €13.9 million from €14.9 million in the corresponding last year’s period.

PC SYSTEMS S.A. announced its parent turnover for the fiscal year 2002,which amounted to €39.7 million versus €48.8 million in 2001 noting a decrease of 18.7%. Pre tax profits reached € 39 thousand in 2002 fiscal year from €2.2 million in 2001 noting an increase of 98%.

NINE MONTH 2002 FINANCIAL RESULTS

PC SYSTEMS announced its financial results for the third quarter of 2002, according to which, consolidated turnover for the third quarter of 2002 reached 35,914 thousand Euros versus 36,659 thousand Euros during the third quarter of 2001, decreased by 2.03%. Consolidated pre tax profits amounted to 127 thousand Euros during the third quarter of 2002 versus 1,366 thousand Euros in the corresponding period last year, presenting a decrease of approximately 91%. Total Equity amounted to 13,407 thousand Euros from 13,198 thousand Euros in 2001, increased by 1.59%. Total liabilities noted increase of 11% approximately and amounted to 29,101 thousand Euros from 26,214 thousand Euros in the corresponding period last year.

PC SYSTEMS, on a parent level, presented turnover of 27,460 thousand Euros from 29,377 thousand Euro in the third quarter of 2001 noting decrease of approximately 6.5%. In addition, pre-tax profits decreased by 99.89% and amounted to 1.3 thousand Euros in the third quarter of 2002 from 1,134 thousand Euros during the third quarter of 2001.

FIRST HALF 2002 RESULTS

PC SYSTEMS announced its financial results for the first half of 2002. Consolidated turnover in the first half of 2002 reached 23,989 Euro thousand versus 26,310 during the first half of 2001, decreased by 8.8%, while consolidated pre tax profits amounted to Euro 204 thousand during the first half of 2002 versus 1,293 thousand in the corresponding period last year, presenting a decrease of 84% approximately. Total Equity amounted to Euro 13,555 thousand from 13,101 thousand in 2001, increased by 3,5%. Total liabilities noted an increase of 35.23% approximately and reached Euro 31,896 thousand from Euro 23,586 in the corresponding last year’s period.

PC SYSTEMS on a parent level, presented turnover of Euro 18,097 from Euro 21,306 thousand in the first half of 2001 noting a decrease of approximately 15%. In addition, pre-tax profits decreased by 97% and amounted to Euro 29 thousand in the first quarter of 2002 from Euro 1,080 thousand during the first half of 2001.

FIRST QUARTER 2002 RESULTS

PC SYSTEMS announced its financial results for the first quarter of 2002. Consolidated turnover in the first quarter of 2002 reached 9,764 Euro thousand versus 13,974 during the first quarter of 2001, decreased by 30.13%, while consolidated pre tax profits amounted to Euro 292 thousand during the first quarter of 2002 versus 476 thousand in the first quarter of 2001, presenting a decrease of 39% approximately. Total Equity amounted to Euro 13,514 thousand from 12,379 thousand in 2001, increased by 9.19%, while total liabilities noted a decrease of 26% approximately and reached Euro 22,254 thousand from Euro 30,063 in the corresponding last year’s period.

PC SYSTEMS on a parent level, presented a turnover of Euro 7,000 from Euro 11,284 thousand in the first quarter of 2001 noting a decrease of approximately 38%. In addition, pre-tax profits decreased by 41% and amounted to Euro 224 thousand in the first quarter of 2002 from Euro 380 thousand during the first quarter of 2001.

2001 FINANCIAL RESULTS

PC SYSTEMS announced its consolidated financial results for the fiscal year 2001. According to these, the consolidated turnover increased by 10.56% and reached GrD 20,147 million (Euro 59,125 thousand) from GrD 18,223 million (Euro 53,478 thousand) in the corresponding last year’s period. Consolidated pre tax profits presented an increase of 13.4% reaching GrD 867 million (Euro 2,545 thousand) versus GrD 765 million (Euro 2,245 million) in the fiscal year 2000. Total assets amounted to GrD 12,844 million (Euro 37,935 thousand). Total equity increased by 14,86% reaching 5,063 million (Euro 14,859 thousand) from GrD 4,408 million (Euro 12,937 thousand) in the corresponding last year’s period.

PC SYSTEMS S.A. announced its parent turnover for the fiscal year 2001,which amounted to GrD 16,627 million (Euro 48,795 thousand) versus GrD 15,378 million (Euro 45,131 thousand) in 2000 noting an increase of 8.1%. Pre tax profits reached GrD 752 million (Euro 2,207 thousand) from GrD 715 million (Euro 2,099 thousand) in 2000 noting an increase of 5.1%.

2001 FINANCIAL RESULTS

NINE MONTH 2001 FINANCIAL RESULTS

According to the published financial statements, PC Systems presented an increase in its financial results for the first nine months of 2001. More specifically, consolidated turnover reached 12,491 million GrD compared to 11,887 GrD for the corresponding previous period in 2000, showing an increase of 5.08%. Consolidated pre tax profits increased by 9.91% amounting to 466 million GrD versus 424 million GrD in 2000.

Total assets grew by 32% reaching 13,516 million GrD from 10,269 million GrD. Liabilities increased by 42% amounting to 8,932 million GrD from 6,279 million GrD (the company does not have long term liabilities) and the equity had a growth of 42% reaching 8,932 million GrD versus 6,279 million GrD.

NINE MONTH 2001 FINANCIAL RESULTS

FIRST HALF 2001 RESULTS

PC SYSTEMS announced for the first half of 2001, its consolidated pre tax and after minority rights profits that reached 440 million GrD while consolidated turnover amounted to 8,965 million GrD. Total equity reached the amount of 4,464 million and liabilities the amount of 8,037 million GrD (only short term liabilities included since the long term debt is zero).

The consolidated financial statements dated June 30, 2001 were prepared for the first time and there are no corresponding consolidated financial statements for the first half of 2000 for comparison.

For the first half of 2001 the pre tax profits of the parent company exhibited an increase of 14% amounting to 368 million GrD versus 322 million GrD for the corresponding period of 2000. Finally turnover increased by 6% reaching 7,260 million GrD versus 6,829 million GrD in the first half of 2000.

FIRST QUARTER 2001 RESULTS

Consolidated pre tax profits reached 194.6 million GrD while consolidated turnover amounted to 4,761 million GrD. Total equity reached the amount of 4,217 million and liabilities the amount of 10,244 million GrD.

The consolidated financial statements dated March 31 were prepared for the first time and for this reason the figures of the previous corresponding period are not presented.

The pre tax profits of the parent company exhibited a minor increase of 3.3% amounting to 129.4 million GrD versus 125.3 million GrD for the corresponding period of 2000. Finally turnover increased by 10.4% reaching 3.845 million GrD versus 3.483 million GrD for the first quarter of 2000.

2000 FINANCIAL RESULTS

PC Systems published its financial results for the fiscal year 2000. Consolidated turnover reached the amount of GrD 18,223 million while consolidated pre tax profits reached the amount of GrD 765 million. Assets reached the amount of GrD 12,926 million and liabilities the amount of GrD 8,455 million. Finally, equity reached the amount of GrD 4,408 million.

The consolidated financial statements dated December 31 were prepared for the first time and for this reason the figures of the previous corresponding period are not presented.

The parent company PC SYSTEMS realized a turnover of GrD 15,378 million versus GrD 10,330 million in 1999, increased by 49%. Pre tax profits reached the amount of GrD 715 million versus GrD 377 million increased by 90%.

FIRST HALF 2000 RESULTS

PC Systems exhibited an impressive course for the first half of 2000. The dynamic progress in the company's financial results is confirmed by the very impressive growth in the company's sales and earnings for the first half of the current year. PC SYSTEMS' turnover for the first half of 2000 reached 6.8 billion GrD versus 3.4 billion GrD for the first half of 1999 (an increase of 97%). Also, the company's earnings experienced a dynamic growth; pre-tax profits exceeded 322 million GrD compared to 141 million GrD in 1999 (an increase of 128%).

FIRST QUARTER 2000 RESULTS

PC SYSTEMS S.A. experienced a significant growth in its financial results for the first 3 months of fiscal year 2000. The company's sales for the first quarter of 2000 reached 3.483 billion GrD compared to 1.407 billion GrD for the corresponding period of 1999 (+147% y-o-y). For the same period the company's gross profits rose to 493 million GrD compared to 265 million GrD showing an increase of 86% while pre-tax profits reached 125 million GrD versus 86 million GrD (+45% y-o-y).

As a result of the company's growth and expansion to new markets and operations, total assets at the end of first quarter of 2000 amounted to 9.06 billion GrD, increased by 236% compared to 2.7 billion GrD at the end of first quarter of 1999. Moreover owners’ equity for the same period amounted to 3,753 million GrD versus 795 million GrD (+372%). There is no long-term debt while short-term liabilities increased from 1.9 billion GrD at the end of first quarter of 1999 to 5.28 billion GrD at the end of first quarter of the current year, although Debt/Equity ratio for the same periods improved from 2.39 to 1.41.

1999 FINANCIAL RESULTS

For the fiscal year 1999 the company PC SYSTEMS S.A. announced that its sales doubled to 10.3 billion GrD from 5.2 billion GrD in 1998. Similarly, pre tax profits increased by 56%, from 241 million GrD in 1998 to 377 million in 1999. Finally the company's net profits were 300 million GrD versus 213 million (+41% y-o-y).

Total assets for the period tripled reaching 7.13 billion GrD from 2.4 billion in 1998, mainly due to a high increase in current assets of 215% (6.7 billion GrD). On the other side of the B/S, Equity went up by 23% to 924 million GrD, while the company has no long-term debt.

NINE MONTH 1999 FINANCIAL RESULTS

PC SYSTEMS S.A. presented significant results in its financial results for the first 9 months of fiscal year 1999.

The company's sales for the first 9 months of fiscal year 1999 amounted to 5,38 billion GrD compared to 3,35 billion GrD for the corresponding period of 1998 (60.7% increase). Also, the company's earnings for the first 9 months of fiscal year 1999 amounted to 259,2 million GrD compared to 149,72 million GrD for the first 9 months of fiscal year 1998 (73% increase).

Total assets reached 4,3 billion GrD growing by 102% and Equity went up by 121% (907 million GrD), while liabilities were 3,4 billion GrD (+97%). Similarly, the financial structure of the company showed a great improvement. Liquidity went up to 1.07 times and debt to equity was 3.76% from 4.21 times.

FIRST HALF 1999 RESULTS

PC SYSTEMS S.A. announces that its turnover for the first six months of 1999 amounted to 3,5 billion GrD compared to 2,25 billion GrD in 1998 (55.3% increase).

Total assets for the period were 3,6 billion GrD going up by 76%. Equity went up by 65.5% while short term liabilities went up 65.5% to 2,8 billion GrD.

Its liquidity was 1,18 times from 1,2 times in 1999 while its debt to equity improved even more from 5,04 to 3,6 in the current period. The increase to the financial ratios of the company resulted mainly from its dynamic presence in the field of System Integration and its high quality after sales supporting services. The base of the company's success is its homogeneous expansion and entrance in the banking, private and public sector and the provision of high quality technical services and solutions.

1998 FINANCIAL RESULTS

1998 was a significant year for PC SYSTEMS SA. Sales reached 5.16 billion GrD from 3.53 billion in 1997, showing an increase of 46.3%. Pre tax profits showed a significant growth of 518% to 241 million GrD, while net profits for the period were 213 million GrD (+228%y-o-y).

Moreover, Total Assets went up to 2.4 billion GrD for 1998 going up by 53%, mainly due to a great increase in current assets which were 2.12 billion for the period. Equity was at the level of 751 million GrD from 261 million in 1997 (+187% y-o-y), and liabilities went up by 26.5% to 1.64 billion. There is no long-term debt. The company's financial position was strengthened. Debt to equity improved to 2,18 times from 4,97 times in 1997 and the company's liquidity ratio was 1,29 for the year to from 0,97 in 1997.

1998 FINANCIAL RESULTS

FIRST QUARTER 1998 RESULTS

PC SYSTEMS S.A. showed a significant growth in its financial results for the first 3 months of fiscal year 1999.

The company's sales were 1,4 billion GrD increasing by 500 million GrD, compared to 907 million GrD for the corresponding period of 1998 (+55% y-o-y). Also, the company's profits reached 84 million GrD compared to 40 million GrD showing a great growth of 115%.

Total assets were 2,7 billion GrD going up by 45.6% and equity was 165% higher than in 1998 (796 million GrD). There is no long-term debt and short tem liabilities were 1,9 billion GrD.

Its financial position improved since debt to equity went from 5.14 to 2.4 times and liquidity was 0.96 times for the period from 1.23 times in 1998.

1997 FINANCIAL RESULTS

Sales showed an increase of 37.9% reaching 3.53 billion GrD. Pre tax profits doubled to 39 million GrD from 20 million in 1996.

Total assets were 1.57 billion GrD from 1.09 billion in the previous year growing by 43.9% (CA were 1.26 billion). Equity was 261 million, while Total liabilities went up by 54% to 1.3 billion.