Corporate Profile
 
 
  
 
  		 


IASO S.A.
Financial Results

2004 FINANCIAL RESULTS

  • At Group level, total turnover during the fiscal year 2004 reached Euro 97.8 million against 77.3 million in 2003. Profits before tax amounted to Euro 3.0 million in 2004 against 0.7 million in 2003.
  • At parent company level total turnover for the fiscal year 2004 reached Euro 73.8 million versus Euro 68.4 million in 2003. Profits before tax reached Euro 20.3 million in 2004 against 19.3 million in 2003, presenting a decrease of 5.5%.
NINE MONTH 2004 FINANCIAL RESULTS

  • At Group level, turnover reached Euro 70 million, noting an increase of 25.4% while Pre tax profits amounted to Euro 2 million.
  • At parent company level, turnover increased from Euro 50.2 million in the nine month period of 2003 to Euro 54.3 million in the corresponding period of 2004, posting an increase of 8.2%. Pre tax profits increased by approximately 8.2%, amounting to Euro 15.3 million in the nine month period of 2004 from Euro 14.2 million in the respective period last year.
FIRST HALF 2004 RESULTS

  • At Group level, the improvement of the occupancy ratio of IASO General contributed to the significant increase in the company's revenues as well as that of the Group's, amounting to 46.7 million Euro, 27.4% higher compared to the corresponding period last year. Net pre-tax profits increased by 98.9%, and amounted to 1.96 million Euro against 0.98 million Euro in the corresponding period of 2003. Earnings before interest, tax and depreciation (EBITDA) reached 9.8 million Euro versus 8.9 million in 2003. Total liabilities decreased by 5.9% and reached 73.8 million Euro against 78.5 million Euro in the first half of 2003.
  • At parent company level turnover posted a significant increase during the first half of 2004. Revenues noted a 10% increase in respect to the same period of 2003, amounting to 36.4 million Euro, while pre tax profits increased by 1% reaching 10.08 million Euro.
FIRST QUARTER 2004 RESULTS

  • At Group level, total turnover during the first quarter 2004 reached Euro 22.0 million against 17.3 million in 2003. Earnings before interest, tax and depreciation (EBITDA) reached Euro 6.1 million versus 5.5 million in 2003. Profits before tax amounted to Euro 1.4 million in the first quarter of 2004 against 1.7 million in 2003.
  • At parent company level total turnover reached Euro 17.7 million versus Euro 16.2 million in the corresponding period of 2003. Earnings before interest, tax and depreciation (EBITDA) of the parent company amounted to Euro 2.8 million versus 2.9 million in 2003. Profits before tax reached Euro 5.5 million in the first quarter of 2004 against 5.1 million in 2003, presenting an increase of 7.3%.
2003 FINANCIAL RESULTS

  • At Group level, total turnover during the fiscal year 2003 reached Euro 77.3 million against 68.8 million in 2002. Earnings before interest, tax and depreciation (EBITDA) reached Euro 16.8 million versus 25.5 million in 2002. Profits before tax amounted to Euro 0.7 million in 2003 against 20.5 million in 2002. Depreciation at Group level presented significant increase by 168%, from Euro 5.6 million during the fiscal year 2002 to 15.1 million for the fiscal year 2003. The aforementioned figures are primarily affected by the development of the Group’s investment plan.
  • At parent company level total turnover for the fiscal year 2003 reached Euro 68.4 million versus Euro 68.0 million in 2002. Earnings before interest, tax and depreciation (EBITDA) amounted to Euro 24.0 million versus 26.7 million in 2002, noting a decrease of 10%. Profits before tax reached Euro 19.3 million in 2003 against 22.1 million in 2002, presenting a decrease of 13%. The development of the aforementioned figures is primarily attributed to the realisation of significant investments in fixed assets as well as in planning and automation systems on behalf of the Company, expected to yield high return in the following years.
NINE MONTH 2003 FINANCIAL RESULTS

  • At Group level, total turnover during the nine month period of the fiscal year 2003 reached Euro 55.87 million against 50.46 million in the corresponding period of 2002, noting an increase of 11.0%. Earnings before interest, tax and depreciation (EBITDA) reached Euro 12.85 million versus 19.14 million in the corresponding period of 2002, while profits before tax amounted to Euro 0.64 million approximately against 16.79 million in the corresponding previous year period.
  • The parent Company’s total turnover during the nine month of 2003 reached Euro 50.19 million versus 49.82 million in the corresponding period of 2002, noting an increase of 0.8% approximately. Earnings before interest, tax and depreciation (EBITDA) decreased by 7,5%, amounting to Euro 18.24 million for the nine month period of 2003 versus Euro 19.71 million in the respective period of 2002, while profits before tax decreased by about 19% reaching Euro 14.16 million against 17.57 million in the corresponding period of the previous year.
  • The development of the aforementioned figures is primarily attributed to the social policy followed at Company and Group level, expressed by freezing of the rates charged to the levels of year 2002, and the significant increase in depreciation by 21.7% from Euro 3.75 million to 4.56 million at Company level due to the opening of new medical departments.
FIRST HALF 2003 RESULTS

  • IASO Goup published the first half 2003 financial results, where the consolidated turnover reached Euro 36.69 million against 33.45 million in the corresponding period of 2002, noting an increase of 9.7%. Earnings before interest, tax and depreciation (EBITDA) reached Euro 8.97 million versus 12.27 million in the corresponding period of 2002, while profits before tax amounted to Euro 0.98 million approximately against 10.98 million in the corresponding previous year period.
  • At parent company level, total turnover during the first half 2003 reached Euro 33.28 million versus 32.80 million in the corresponding period of 2002, noting an increase of 1.5%. Earnings before interest, tax and depreciation (EBITDA) noted a minor decrease of 0.6%, amounting to Euro 12.54 million in the first half of 2003 compared to 12.62 million in the respective period of 2002, while profits before tax decreased by about 13% reaching Euro 9.97 million against 11.47 million in the corresponding period of the previous year.
FIRST QUARTER 2003 RESULTS

  • IASO Goup published the first quarter 2003 financial results, where the consolidated turnover reached 17,355 thousand Euro versus 16,763 thousand Euro in the corresponding period of 2002, exhibiting an increase of 3.5%. Pre tax profits decreased by 69% amounting to 1,758 thousand Euro from 5,733 thousand Euro in 2002. Total assets presented an increase of 4.3% reaching 186,559 thousand Euro versus 178,820 thousand, while total liabilities amounted to 50,487 thousand Euro from 19,567 thousand Euro in the first quarter of 2002, noting an increase of 158%. Total equity noted a decrease of 12.5%, reaching 131,687 thousand Euro against 150,639 thousand Euro in 2002.
  • The parent Company turnover increased by 0.8% reaching 16,251 thousand Euro versus 16,116 thousand Euro for the corresponding period of 2002. Finally pre tax profits decreased by 10.7% amounting to 5,129 thousand Euro versus 5,748 thousand Euro in 2002.
2002 FINANCIAL RESULTS

  • IASO Goup published its 2002 financial results, where the consolidated turnover reached 68,804 thousand Euro versus 63,853 thousand Euro in the corresponding period of 2001, exhibiting an increase of 8%. Pre tax profits increased by 15% amounting to 20,480 thousand Euro from 17,813 thousand Euro in 2001. Total assets presented an increase of 3% reaching 178,288 thousand Euro versus 173,147 thousand, while total liabilities amounted to 29,040 thousand Euro from 7,929 thousand Euro in 2001. Total equity noted a decrease, reaching 127,119 thousand Euro against 164,051 thousand Euro in 2001.
  • The parent Company turnover increased by 24% reaching 68,013 thousand Euro versus 55,067 thousand Euro for the corresponding period of 2001. Finally pre tax profits grew by 25% amounting to 22,125 thousand Euro versus 17,769 thousand Euro in 2001.
NINE MONTH 2002 FINANCIAL RESULTS

  • IASO published its nine month financial results, where its consolidated turnover reached 50,461 thousand Euro versus 46,531 thousand Euro in the corresponding period of 2001, exhibiting an increase of 8.4%. Pre tax profits increased by 29% amounting to 16,787 thousand Euro from 13,013 thousand Euro in 2001. Total assets decreased by 5.6% reaching to 161,591 thousand Euro versus 171,095 thousand Euro, while total liabilities amounted to 14,405 thousand Euro from 8,581 thousand Euro in the nine months of 2001, noting an increase of 68%. Total equity grew by 13.3% reaching 127,119 thousand Euro against 146,620 thousand Euro in 2001.
  • The parent's company turnover increased by of 24% reaching 49,815 thousand Euro versus 40,121 thousand Euro for the corresponding period of 2001. Finally pre tax profits grew by 36% amounting to 17,570 thousand Euro versus 12,932 thousand Euro in the corresponding period of 2001.

FIRST HALF 2002 RESULTS

  • Consolidated turnover reached 33,450 thousand Euro versus 31,502 thousand Euro in the corresponding period of 2001, exhibiting an increase of 6.2%. Pre tax profits increased by 25% amounting to 10,980 thousand Euro from 8,779 thousand Euro in 2001. Total assets presented an increase of 6.3% reaching 186,715 thousand Euro versus 119,427 thousand, while total liabilities amounted to 43,261 thousand Euro from 17,737 thousand Euro in the first half of 2001, noting an increase of 143%. Total equity grew by 13.3% reaching 127,119 thousand Euro against 146,620 thousand Euro in 2001.
  • The parent's company turnover increased by of 21% reaching 32,802 thousand Euro versus 27,124 thousand Euro for the corresponding period of 2001. Finally pre tax profits grew by 32% amounting to 11,466 thousand Euro versus 8,658 thousand Euro in 2001.
FIRST QUARTER 2002 RESULTS

  • Consolidated turnover reached 16,763 thousand Euro versus 15,107 thousand Euro in the corresponding period of 2001, exhibiting an increase of 11%. Pre tax profits increased by 50.3% amounting to 5,733 thousand Euro from 3,814 thousand Euro in 2001. Total assets presented an increase of 4.8% reaching 178,820 thousand Euro versus 170,705 thousand, while total liabilities amounted to 19,567 thousand Euro from 17,711 thousand Euro in the first quarter of 2001, noting an increase of 10.5%. Total equity grew by 2.4% reaching 173,475 thousand Euro against 169,456 thousand Euro in 2001.
  • The parent's company turnover increased by of 24.1% reaching 16,116 thousand Euro versus 12,990 thousand Euro for the corresponding period of 2001. Finally pre tax profits grew by 56.7% amounting to 5,748 thousand Euro versus 3,669 thousand Euro in 2001.
2001 FINANCIAL RESULTS

  • Consolidated turnover reached 68.853 million Euro (GrD 21.758 billion) versus 60.689 million Euro (GrD 20.680 billion) in 2000, noting an increase of 5.2%. Pre tax profits decreased by 0.5% amounting to 17.813 millions Euro (GrD 6,070 million) from 17.903 millions Euro (GrD 6,100 million) in 2000. Total assets noted an increase of 4.7%, amounting to 173.813 million Euro (GrD 59,000 million) versus 165.312 million Euro (GrD 56,330 million), while total liabilities amounted to 7.928 million Euro (GrD 2,702 million) from 7.443 million Euro (GrD 2,536 million) for the fiscal year 2000, noting an increase of 6.5%. Finally, total equity presented an increase of 4.5%, amounting to 164.051 million Euro (GrD 55,900 million) compared to 156.961 million Euro (GrD 53,485 million) in 2000.
  • The parent company presented an increase in turnover of 5.6%, reaching 55.067 million Euro (18,764 million) versus 52.165 million Euro (GrD 17,775 million) in 2000, while pre tax profits increased by 5.4% amounting to 18.150 million Euro (GrD 6,175 million) compared to 17.211 million Euro (GrD 5,865 million) for the fiscal year 2000.
NINE MONTH 2001 FINANCIAL RESULTS

  • Consolidated turnover reached 15.856 billion GrD versus 15.281 billion GrD in the corresponding period of 2000, exhibiting an increase of 3.8%. Pre tax profits increased by 0.39% amounting to 4.434 billion GrD from 4.417 billion GrD in 2000. Total assets presented an increase of 6% reaching 58,301 million GrD versus 54,972 million GrD, while total liabilities amounted to 2,924 million GrD from 2,265 million GrD in the nine-month period f of 2000. Total equity grew by 5% reaching 54,377 million GrD against 51,733 million GrD in 2000.
  • The parent's company turnover increased by of 4,3% reaching 13,671 million GrD versus 13,110 million GrD for the corresponding period of 2000. Finally pre tax profits grew by 1.7% amounting to 4,407 million GrD versus 4,331 million GrD in 2000.
FIRST HALF 2001 RESULTS

  • Consolidated turnover reached 10.734 billion GrD versus 10.226 billion GrD in the corresponding period of 2000, exhibiting an increase of 5%. Pre tax profits increased by 9.6% amounting to 2.991 billion GrD from 2.729 billion GrD in 2000. Total assets presented an increase of 6% reaching 59,840 million GrD versus 56,448 million GrD, while total liabilities amounted to 6,068 million GrD from 5,741 million GrD in the first half of 2000. Total equity grew by 5.8% reaching 52,949 million GrD against 50,047 million GrD in 2000.
  • The parent's company turnover increased by of 5,7% reaching 9,242 million GrD versus 8,747 million GrD for the corresponding period of 2000. Finally pre tax profits grew by 8% amounting to 2,950 million GrD versus 2,732 million GrD in 2000.
FIRST QUARTER 2001 RESULTS

  • Consolidated turnover reached 5,147 million GrD versus 4,959 million GrD in the corresponding period of 2000, exhibiting an increase of 3.8%. Pre tax profits increased by 22% amounting to 1,299 million GrD from 1,065 million GrD in 2000. Total assets presented a notable increase of 204% reaching 58,168 million GrD versus 19,072 million GrD while total liabilities amounted to 6,035 million GrD from 5,934 million GrD in the first quarter of 2000. Total equity grew by 313% reaching 51,260 million GrD against 12,596 million GrD in 2000.
  • The parent's company turnover increased by of 5% reaching 4,426 million GrD versus 4,216 million GrD for the corresponding period of 2000. Finally pre tax profits grew by 22.9% amounting to 1,250 million GrD versus 1,017 million GrD in 2000.
2000 FINANCIAL RESULTS

  • IASO S.A. published its consolidated financial statements for the fiscal year 2000, in which there is a significant improvement to all the financial figures. Sales revenue reached 20,680 million GrD versus 18,300 million GrD in the corresponding period of 1999, presenting an increase of 13%. Pre tax profits increased by 65% amounting to 6,117 million GrD from 3,711 million GrD in 1999. Total assets amounted to 56,703 million GrD against 17,956 million GrD in the corresponding period of 1999, an increase of 216% due to the capital raised by the IPO listing, total liabilities increased by 3.7% reaching 6,433 million GrD from 6,204 million GrD in 1999. Total equity increased to 49,961 million GrD against 11,441 million GrD for the corresponding period of 1999.
  • The financial results of the parent company also presented a notable increase. Turnover increased by 17.5% reaching 17,775 million GrD versus 15,125 million GrD in 1999. Pre tax profits reached 5,875 million GrD from 3,542 million GrD in the fiscal year 1999, an impressive increase of 66%.
NINE MONTH 2000 FINANCIAL RESULTS

  • IASO S.A. continued its dynamic growth during the first nine months of 2000. More specifically, consolidated turnover reached 15,281 million GrD versus 13,462 million GrD in 1999, exhibiting a 13.5% increase. Profits before taxes increased by 57% amounting to 4,417 million GrD against 2,816 million GrD for the corresponding nine months of 1999. Total assets reached 54,972 million GrD in year 2000 from 18,267 million GrD in 1999 and total equity capital amounted to 51,733 million GrD against 15,115 million GrD in the corresponding period of 1999 due to the recent IPO listing.
  • Turnover of the parent company increased by 18% reaching 13,110 million GrD from 11,098 million GrD in 1999. Pre tax profits of the parent company amounted to 4,331 million GrD versus 2,674 million GrD for the corresponding nine months of 1999.
FIRST HALF 2000 RESULTS

  • On a consolidated basis, turnover reached 10,226 million GrD while pre tax profits amounted to 2,729 million GrD. Total equity amounted to 50,047 million GrD while total assets reached 56,449 million GrD. Total equity reached 57,395 million GrD from 20,312 million GrD for the corresponding first half of 1999 due to the Company's IPO.
  • The financial results of the parent company presented a significant increase during the first half of 2000. Sales revenue of the parent company reached 8,747 million GrD from 7,162 million GrD in the corresponding period of 1999, exhibiting an increase of 22.13%. Pre tax profits grew by 75% amounting to 2,732 million GrD versus 1,559 million GrD in 1999.
1999 FINANCIAL RESULTS

  • Consolidated pre tax profits amounted to 3,711 million GrD while consolidated turnover reached 18,300 million GrD. Total equity reached 11,442 million GrD while total assets amounted to 17,956 million GrD. · The pre tax profits of the parent company reached 3,542 million GrD versus 2,329 million GrD for the fiscal year 1998, presenting an increase of 52%. Sales revenue increased by 15% amounting to 15,125 million GrD against 13,139 million GrD in 1998.
  • Total equity reached 18,787 million GrD versus 18,753 million GrD in 1998 while total assets reached 24,582 million GrD from 24,710 million GrD in the fiscal year 1998.
1998 FINANCIAL RESULTS

  • IASO's turnover increased by 23% reaching 13,139 million GrD versus 10,694 million GrD in 1997. Pre tax profits amounted to 2,329 million GrD from 1,006 million GrD in the fiscal year 1997, presenting an impressive increase of 131%.
  • Total equity grew by 55% reaching 18,753 million GrD versus 12,070 million GrD in 1997. Total assets increased by 55% amounting to 24,710 million GrD from 15,895 million GrD in the year 1997. Finally total liabilities reached 5,668 million GrD against 3,622 million GrD in the fiscal year 1997, an increase of 56.5%.








   
 
 
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