Η Ελλάδα σε αριθμούς 2006 - ICAP

www.financial-directory.
gr
2006
PREFACE
CAP,
,

,

,
.

,
:
ICAP, the leading business information and

management consulting firm in Greece,
presents an upgraded and revised version
of Greece in Figures, to the ICAP Financial
Directory. An appendage the 2006 edition
introduces three important innovations:

NACE ( 1.1). H

ICAP
www.icap.gr.,

.

.

2004
ICAP
.
,
,
,
,
.

,
,

.
2005
.

The statistical analysis of the Greek

corporate sector is, for the first time,
based on the NACE (Rev.1.1) classification
system of economic activity. Companies
are allocated to different sectors according
to their principal business line. The
adoption of the NACE system allows for a
comprehensive
analysis
of
business
activity
in
Greece
according
to
internationally accepted standards of
classification.
The second innovation has to do with the
electronic publication of Greece in Figures
which appears on www.icap.gr. The
electronic edition permits the updating of
the statistical information and is dynamic
in character. The final financial data for
2004 will be available at our web page
early next year.
Thirdly, sections C and D contain a wealth
of economic, social and demographic
statistics for both Greece and the other
member states of the European Union.
We believe that the new version of Greece
in Figures will prove to be useful to
decision makers in both the private and
public sectors, to researchers, to the press
and to all those who wish to have an
informed opinion about the Greek
economy.
November 2005
Constantinos D. Aivalis
Chief Economist
www.financial-directory.gr
2006
TMHMA A
: 2003-2004
SECTION A
THE GREEK CORPORATE SECTOR: 2003-2004
Greece in Figures 2006
www.icap.gr
INTRODUCTION

2004
2003
21.407

.
ICAP.

2004 (10 2005).
,

,

.

2004. ,

ICAP
The panorama of the Greek corporate

sector presented here is based on the
2004 and 2003 balance sheets and
income statements of 21,407 SA and Ltd
companies that are available for both
these years. The data were collected and
processed by ICAPs Business Information
Division. Every effort has been made to
utilise all financial statements published
within the time limits set by Greek law (10
June 2005). The present data should be
regarded as provisional. The picture will
become
clearer
as
more
financial
statements become available in the
coming months. The final edition will
include all financial statements published
for first time by newly formed companies,
mergers, acquisitions, bankruptcies, and
company dissolutions that took place in
2004 and will become available in early
2006.
,

NACE
( 1.1).

NACE.
.

B.
B..

,

2003
2004.
,

.

2004.
As mentioned above, classification and

statistical analysis are based on the NACE
system (Rev. 1.1). Firms were initially
allocated according to their two-digit NACE
code. They were subsequently grouped
into ten sectors. A two-digit NACE analysis
of each sector can be found in Sections
B.I to B.X that follow. In each of these ten
sections there is information about basic
items of the consolidated balance sheet,
income statement and the key financial
ratios for 2003 and 2004. Next,
consolidated balance sheets, income
statements and financial ratios of four
groups, each referring to companies with
different numbers of employees, are
presented. Moreover, the basic items of
the consolidated balance sheet and
income statement of the profit-making
and loss-bearing parts of the sector
appear
separately.
In
addition,
information on consolidated balance
sheets, income statements and financial
ratios is provided down to the two-digit
NACE level. There are, finally, tables with
various rankings of the sectors firms and
its two-digit sub-categories. The rankings
take into account assets, profits and
losses of 2004.
The year 2004 marks a watershed. The
Olympic games took place and there was
a change in government. On the
CE
. ,

.

,
2004.
To 2004

.
,
,

.
2004
.

. ,
, ,

.
,
.
, ,
,

.

2003 2004

,
,
, 11,0%
144,8 . 7,9%
, 30,1
.

.

7,0 .
2006
international
level,
the
volume
of
international
trade
increased
substantially; at the same time, however,
oil prices rose sharply and the dollar
weakened against the euro. The Greek
economy continued to grow strongly,
albeit at a slightly lower rate than in 2003.
This fast growth was due to robust
domestic demand, especially private and
public consumption, as real interest rates
remained at very low levels. In contrast,
the growth in investment spending
weakened. At the same time, the external
sector had a negative contribution:
imports grew faster than exports.
The comparison between the income
statements of SA and Ltd companies for
2003 and 2004 reveals that total turnover
of the corporate sector, exclusive of
banking, insurance and finance, increased
by a satisfactory 11.0%. Gross profits
were up by 7.9% and reached 30.1
billion. However, the fast growth of
administrative and selling expenses led to
stagnation in operating income. Pre-tax
profits were also flat at 7.0 billion. As a
result of these developments, the gross
profit margin dropped slightly to 20.8%.
The drop in the net profit margin was
more pronounced: from 5.4% to 4.9%.
Return on equity was trimmed from
10.0% to 9.3%.
Sales in both manufacturing and trade
increased marginally above 10.0%. The
higher rate of growth in turnover was
recorded in the other services sector
which includes, among others, real estate,
B2B services and leisure. Sales growth in
the small sector of agriculture-fisheries
was higher than average. In all other
sectors it lagged below the average rate.
The gross profit margin remained stable in
manufacturing, construction, electricity
gas-water supply, trade, and hotelsrestaurants. In contrast, it dropped in
transport-communications and in the
other services sector. The decrease in the
gross profit margin was even more felt in
the two small sectors, agriculture-fisheries
and mining-quarrying.
The net profit margin was either worse or
unchanged in most sectors. The only
exception was other services and hotelsrestaurants, which managed to turn its
marginal losses of 2003 into small profits
20,8%.
, 5,4% 4,9%.

10,0%
9,3%.

10,0%.

, 26,9%,
.

-

.

, ,
.
,
.

.

.

2003
2004.

.
, - . -

.
,
.
2,4 .,

9,3% 2,3 .

.
,
4,9%,
www.icap.gr
in 2004.
Seven of the nine sectors recorded
positive net income. The sectors in the red
were agriculture-fisheries and miningquarrying, both of them very small
compared to the remaining seven. In the
transport-communications
the
605
million in profits of 2003 evaporated in
2004. This was due to the move of the
Greek telecom (OTE) into the red and to
the increase in losses borne by Greek
railways (OSE). In contrast, profits in
mobile
telecommunications
were
satisfactory. Profits in manufacturing
remained stagnant at 2.4 billion, while
that of trade increased by 9.3% to 2.3
billion, and almost levelled with the profits
of manufacturing. A small increase, 4.9%,
was registered in electricity-gas-water
supply; in contrast, profits were lower by
2,2%, in construction. The only sector
with an impressive, 44.7% to 1.4 billion,
increase in net income was that of other
services. This was largely due to the
impressive performance of OPAP.
Despite stagnation in pre-tax profits, the
dividend policy of 2004 was more
generous when compared to that of 2003.
Companies forked out to shareholders
4.1 billion, 24.3% more than in 2003. In
transportcommunications
and
other
services dividend increases were hefty,
71.7% and 48.5% respectively. The lions
share, 1.0 billion, was distributed by
manufacturing; it was up by 10.8%, more
or less the same as its sales rate of
growth.
Total assets of the corporate sector,
exclusive of banking, insurance, and
finance, grew slower than sales. The
increase in net fixed assets was faster
than that of current assets; as a result the
ratio of net fixed assets to total assets
increased to 52.8%. There are technical
reasons behind this increase; 2004 was a
year of revaluation of land and buildings
in company balance sheets. There were
no major changes in the financing of the
increase in assets; debt and equity
increased by more or less the same rate
and thus their ratio remained constant at
1.31. The fastest asset growth was
recorded in trade and construction, 11.8%
and 10.7% respectively. In contrast,
growth
in
agriculture-fisheries
was
markedly slower than average, while
2006
- 2,2%
.
, 44,7%,
1,4 .
.

.
mining-quarrying shrank in 2004.

Debt to equity remained stable in
manufacturing,
trade,
construction,
transport-communications and the other
services sector. It fell in electricity-gaswater supply and in hotels-restaurants. In
contrast, a big increase in debt to equity
was registered in agriculture-fisheries and
in mining-quarrying.
,
.

, 5,4% 0,2%.
,

.
Profit stagnation, combined with the

increase in equity capital, led to a fall in
return on equity to 9.3%. This reduction is
almost exclusively attributed to transportcommunications where it dropped from
5.4% to a mere 0.2%. In all other major
sectors of corporate activity the retreat of
the return on equity index was minimal.
: 2003-2004
( )
Return on Equity of the Corporate Sector: 2003-2004

(Exclusive of Banking, Insurance, and Finance)
30
20
10
0
-10
-20
-30
-40
-50
2004
, 2003,

4,1 .,
24,3%.
(71,7%)
(48,5%).
, 1,0 ., .

10,8%, .

,
2004
Total

Other services
-
Hotel-restaurants
-
Transport-communications
2003
Trade
Construction
-
Energy and water supply
Manufacturing
-
Mining-quarrying
-
Agriculture-fishing
-60
The ratio of profit-making to loss-bearing

companies was 2.25 to 1. The profitmaking part of the Greek corporate sector
comprised 14,353 companies, which had
total pre-tax profits of 10.2 billion. The
6,376 companies in the red had losses of
3.1 billion in 2004. They held 28.0% of
total debt and 26.4% of total assets of the
corporate sector, but their sales were only
11.6% of total corporate turnover.
Pre-tax income of the banking sector
was 1.3 billion on turnover of 8.6
billion, which was 11.4% down compared
to 2003. The reduction in profits is to a
certain extent attributed to the increase in
provisions by 28.8%. Total assets grew by
7.2% to 182.3 billion. There was a
7,8%,
,

52,8%.

,
2004
.

,

, 1,31.

(11,8%)
(10,7%).

. ,

.

,
, ,
.
-
-.

.
-
2,25 1.
14.353
10,2 ., 6.376
3,1 .
28,0%

26,4%
11,6%
.

1,3 .,
8,6 .
11,4% 2003.

28,8% .
7,2%
182,3 .
,

www.icap.gr
significant increase in loans accompanied

by a reduction in the value of government
and other securities held in the banks
portfolios.
As
a
result
of
these
developments, the ratio of loans to
deposits increased and return on equity
was down to 10.8% from 13.0%.
Despite an increase of 8.8% in turnover
to 3.6 billion, net income of the
insurance industry moved into the red.
This is to a large extent due to the big
losses recorded by one of the sectors
major companies. Total assets were up by
10.6% to 10.8 billion.
Impressive increases in pre-tax income,
turnover and assets were achieved by the
sector of other financial services, which
includes stock-broking, etc. Pre-tax profit
improved by 51.1% to 481 million and
sales by 14.2% to 2.4 billion. Assets
increased by 17.6% to 11.2 billion. The
result of all the above was the striking
increase in return on equity and in pre-tax
profit margin.
As a whole, the banking, insurance and
finance sector handed out dividends of
998 million to its shareholders in 2004,
28.7% higher than in 2003.
2006

13,0% 10,8%.

8,8% 3,6 .,

.

.

10,6% 10,8 .
, .

51,1% 481 .
14,2% 2,4 .
17,6%
11,2 .

.
(, ,
)
998 ., 28,7%
2003.
www.icap.gr
.1 NACE
.1 Classification of Economic Activity by NACE
/Section
.I
.II
.III
.V
.V
10
/ Sector

Agriculture and fisheries
Agriculture
Sea Farming

Mining and quarrying
Manufacturing
-
Food-beverages

Tobacco products
Textiles

Clothing
Leather
Wood
Paper
-
Publishing-printing

Oil refining
Chemicals
-
Rubber-plastic products

Non-metallic mineral products

Basic metals

Metal products
-
achinery, equipment
-/
Office machinery, computers

Electrical machinery
,
Radio, television and communication equipment

Precision instruments
Vehicles

Other transport equipment

Furniture and other products
Recycling
,
Electricity, gas and water supply
Construction
K / Code
/ Companies
A,B
A,B
325
01, 02
207
05
118
103
10, 11, 13, 14
2, 1, 3, 97
4.828
15
1.073
16
17
287
18
342
19
74
20
117
21
122
22
442
23
29
24
277
25
277
26
451
27
95
28
405
29
253
30
31
116
32
28
33
41
34
34
35
57
36
290
37
77
40, 41
73, 4
1.312
45
1.312
/Section
.VI
.VII
.VIII
.IX
.X
/ Sector
,
Trade

Sale of motor vehicles

Wholesale trade

Retail trade

Hotels and restaurants

Transport and communications

Land transport

Water transport

Air transport

Auxiliary transport activities

Post and telecommunication

Banking, insurance, and finance
Banks
Insurance

Other financial services

Other services

Real estate

Operational leasing
IT services

Other business activities
Education
Health

Environmental protection
,
Recreation, culture and sporting

Miscellaneous services

2006
K / Code
/ Companies
6.665
50
786
51
4.660
52
1.219
2.910
55
2.910
964
60
103
61
34
62
17
63
705
64
105
678
65
19
66
195
67
464
K, , ,
K, M, N, O
3.545
70
564
71
227
72
405
73
1.462
74
213
85
271
90
18
92
331
93
54
21.407
11
www.icap.gr
.2 : I: 2003-2004
( )
(000)
.2 Corporate Sector: Consolidated Balance Sheets: 2003-2004

(000)
/ Magnitude
/ Assets
2003
2004
171.620.733
184.920.621
7,75
/ Net fixed assets
89.341.642
97.673.358
9,33
/ Participations
18.845.127
19.878.254
5,48
/ Machinery & equipment
13.461.962
14.331.464
6,46
/ Current assets
82.274.943
87.244.541
6,04
/ Inventories
19.424.216
21.246.053
9,38
/ Receivables
52.797.116
55.986.310
6,04
/ Securities
/ Cash
/ Liabilities
/ Equity
2.637.623
-10,82
10.012.177
-0,41
171.620.733
184.920.621
7,75
72.561.311
78.258.761
7,85
/ Shareholders' equity
45.061.018
46.873.414
4,02
/ Reserves
36.805.870
41.472.722
12,68
3.956.076
3.852.536
-2,62
95.100.877
102.806.532
8,10
/ Provisions for liabilities & charges
/ Liabilities
/ Long-term
27.191.532
29.322.912
7,84
/ Short-term
67.909.343
73.483.619
8,21
20.729
20.729
0,00
/ Companies
12
2.957.481
10.053.610
2006
.3 : : 2003-2004
( )
(000)
.3 Corporate Sector: Consolidated Income Statements: 2003-2004

(000)
/ Magnitude
2003
2004
130.484.034
144.831.318
11,00
/ Gross profits
27.900.483
30.099.549
7,88
/ Administrative, distribution & selling expenses
21.088.856
23.623.402
12,02
, . / Interest charges, etc.
2.696.334
2.874.908
6,62
/ Operating income
7.013.414
7.219.671
2,94
333.044
119.892
-64,00
6.724.585
7.367.032
9,55
7.086.111
7.034.073
-0,73
/ Income tax
3.015.207
3.060.081
1,49
/ Dividends
3.279.127
4.074.905
24,27
20.729
20.729
0,00
/ Turnover
/ Non-operating income
/ Depreciation
/ Pre-tax profits
/ Companies
13
www.icap.gr
.4 : : 2003-2004
( )
.4 Corporate Sector: Financial Ratios: 2003-2004

/ Indices
2003
2004
52,06
52,82
1,31
1,31
0,55
0,56
3,63
3,45
0,79
0,81
68
66
110
109
96
93
1,21
1,20
0,92
0,91
0,20
0,18
21,38
20,78
5,37
4,98
5,43
4,86
9,99
9,33
5,91
5,56
123
233
184
38
20.729
20.729
/ Capital structure and debt management

(%)
Fixed to total assets (%)

Debt to equity

Debt to assets

Times interest earned
/ Operating activity

Total assets turnover
()
Inventory turnover (days)
()
Days sales outstanding (days)
()
Payable deferral period (days)
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
Gross profit margin (%)
(%)
Operating profit margin (%)
(%)
Net profit margin (%)
(%)
Return on equity (%)
(%)
Return on assets (%)
/ Employment
( 000)
Net fixed assets per employee ( 000)
( 000)
Assets per employee ( 000)
( 000)
Turnover per employee ( 000)
( 000)
Gross profits per employee ( 000)
( 000)
Net profits per employee ( 000)
/ Companies
14
2006
.5 : : 2004
( )
( 000)
.5 Corporate Sector: The Basic Magnitudes of Companies Reporting Profits and Losses: 2004
( 000)
Reporting Profits
Magnitude
Reporting Losses
136.050.636
64.958.594
71.089.318
59.490.928
73.972.562
128.059.299
28.797.201
9.607.666
10.162.610
14.353
Assets

Net fixed assets
Current assets

Equity
Liabilities

Turnover

Gross profits

Operating income

Pre-tax profits
Companies
48.869.986
32.714.765
16.155.223
18.767.834
28.833.971
16.772.020
1.302.346
-2.387.995
-3.128.536
6.376
15
www.icap.gr

2003-2004:

SECTION B
THE GREEK SA AND LTD COMPANIES IN 2003-2004:
ANALYSIS BY SECTOR AND INDUSTRY
16
2006
.
SECTION .

AGRICULTURE AND FISHING
/ Sectors
NACE / NACE description
/ Code
/ Companies
A
Agriculture and Fishing
, .
Agriculture, hunting and forestry. Fishing
325
,
Agriculture, hunting and related service
activities
01
205
Agriculture
Forestry, logging and related service activities
02

Fishing, fish farming and related service
activities
05
118
Fish Farming
17
www.icap.gr
..1 : I: 2003-2004
( 000)
..1 Agriculture and Fishing: Consolidated Balance Sheets: 2003-2004

( 000)
/ Magnitude
2003
2004
2.258.792
2.292.590
1,50
808.044
776.202
-3,94
/ Participations
237.663
159.193
-33,02
371.194
401.623
8,20
/ Assets
/ Net fixed assets
/ Current assets
1.450.748
1.516.388
4,52
/ Inventories
644.408
654.016
1,49
/ Receivables
691.307
771.346
11,58
32.052
22.109
-31,02
115.033
91.027
-20,87
2.258.792
2.292.590
1,50
/ Securities
/ Cash
/ Equity and Liabilities
/ Equity
832.253
750.946
-9,77
521.500
558.016
7,00
/ Reserves
435.555
405.470
-6,91
12.378
7.828
-36,76
1.414.161
1.533.817
8,46
/ Liabilities
/ Long-term
243.261
228.404
-6,11
/ Short-term
1.170.899
1.305.413
11,49
325
325
0,00
/ Companies
: 2004
( )
Shares in Corporate Sector Totals: 2004


Equity
Assets

1,2%

1,0%

Other Sectors
98,8%
18
Liabilities

1,5%

Other Sectors
99,0%

Other Sectors
98,5%
2006
..2 : : 2003-2004
( 000)
..2 Agriculture and Fishing: Consolidated Income Statements: 2003-2004

( 000)
/ Magnitude
2003
2004
1.166.235
1.302.295
11,67
/ Gross profits
159.399
137.394
-13,81
125.146
133.968
7,05
49.361
50.295
1,89
/ Operating income
861
-31.661
-11.678
-10.129
13,26
69.153
71.704
3,69
-13.252
-44.137
-233,07
/ Turnover
/ Depreciation
/ Pre-tax profits
/ Income tax
/ Dividends
/ Companies
9.159
8.262
-9,78
10.270
7.970
-22,40
325
325
0,00
: 2004
( )

Turnover

0,9%

Gross Profits

0,5%

Other Sectors
99,1%
Dividends

0,2%

Other Sectors
99,5%

Other Sectors
99,8%
19
www.icap.gr
..3 : : 2003-2004
..3 Agriculture and Fishing: Financial Ratios: 2003-2004
/ Indices
2003
2004
35,77
33,86
1,70
2,04
0,63
0,67
0,73
0,12
0,53
0,57
222
203
168
171
153
147
1,26
1,20
0,70
0,67
0,13
0,11
13,67
10,55
0,07
-2,43
-1,14
-3,39
-1,54
-5,58
1,65
0,27
84
257
146
17
-2
325
325

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
20
2006
..4 : I: 20041

( 000)
..4 Agriculture and Fishing: Consolidated Balance Sheet: 20041

Distribution of Companies by Employment Category
( 000)
/ Employees
/ Magnitude
10-49
50-249
250+
210.457
787.149
702.922
474.611
94.138
234.657
231.353
148.077
345
23.477
70.206
63.575
37.549
138.862
134.038
54.707
116.319
552.492
471.568
326.534
/ Inventories
50.879
198.282
186.656
205.308
/ Receivables
53.729
311.220
259.928
111.647
6.462
/ Assets
/ Net fixed assets
/ Participations
/ Current assets
/ Securities
/ Cash
/ Equity
372
3.196
9.839
11.711
42.991
24.984
9.579
210.457
787.149
702.922
474.611
92.430
185.491
247.044
199.056
98.096
185.962
129.677
110.683
/ Reserves
35.123
78.921
168.753
102.847
243
1.263
1.490
4.623
117.784
600.395
454.387
270.932
/ Liabilities
/ Long-term
16.305
84.188
61.998
36.008
/ Short-term
101.479
516.207
392.389
234.924
/ Employees
513
2.730
2.517
2.716
/ Companies
142
116
29
1
1
2004
Only companies with 2004 employment data are included
Assets
250+
21,8%
: 2004
Shares in Agriculture and Fishing Totals: 2004

Equity
<=9
12,8%
<=9
9,7%
<=9
8,2%
10-49
25,6%
10-49
36,2%
50-249
32,3%
250+
18,8%
250+
27,5%
Liabilities
50-249
31,5%
10-49
41,6%
50-249
34,1%
21
www.icap.gr
..5 : : 20041

( 000)
..5 Agriculture and Fishing: Consolidated Income Statement: 20041

( 000)
/ Employees
/ Magnitude
10-49
50-249
250+
93.800
524.603
402.440
214.487
6.100
53.316
54.700
28.868
11.196
46.395
39.891
28.878
2.731
19.780
14.864
8.624
/ Operating income
-5.508
-8.749
3.720
-4.772
830
279
-8.735
4.792
8.957
27.601
18.093
10.265
-5.637
-9.449
-5.274
-101
/ Income tax
429
2.157
3.412
2.226
/ Dividends
361
2.435
3.308
1.856
/ Employees
513
2.730
2.517
2.716
/ Companies
142
116
29
/ Turnover
/ Gross profits
/ Depreciation
/ Pre-tax profits
1
1
2004

Turnover
250+
17,4%
: 2004

Gross Profits
<=9
7,6%
250+
20,2%
<=9
4,3%
250+
23,3%
Dividends
<=9
4,5%
10-49
30,6%
10-49
37,3%
10-49
42,5%
50-249
32,6%
22
50-249
38,3%
50-249
41,6%
2006
..6 : : 20041

..6 Agriculture and Fishing: Financial Ratios: 20041
/ Indices
/ Employees
9
10-49
50-249
250+
44,73
29,81
32,91
31,20
1,27
3,24
1,84
1,36
0,56
0,76
0,65
0,57
0,52
0,65
0,99
0,46
0,67
0,58
0,45
213
155
201
373
141
169
185
155
235
159
137
109
1,12
1,10
1,25
1,47
0,61
0,69
0,74
0,54
0,13
0,12
0,10
0,07
6,50
10,16
13,59
13,46
-5,87
-1,67
0,92
-2,22
-6,01
-1,80
-1,31
-0,05
-6,54
-4,98
-2,10
-0,04
-1,43
1,33
1,39
1,78
184
86
92
55

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
410
288
279
175
183
192
160
79
12
20
22
11
-11
-3
-2
/ Companies
142
116
29
1
1
2004
23
www.icap.gr
..7 : : 2004
( 000)
..7 Agriculture and Fishing: The Basic Magnitudes of Companies Reporting Profits and Losses: 2004
( 000)
Reporting Profits
Magnitude
Reporting Losses
1.274.251
1.018.339
Assets

415.036
361.167
Net fixed assets
859.216
657.172
Current assets

512.263
238.683
Equity
759.060
774.757
Liabilities

767.555
534.739
Turnover

125.540
11.854
Gross profits

27.045
-58.706
Operating income

33.594
-77.731
Pre-tax profits
171
154
Companies
: 2004
Assets
Liabilities
Reporting Profits
49,5%
Reporting Profits
55,6%
Reporting Losses
44,4%
24

Turnover
Reporting Profits
58,9%
Reporting Losses
50,5%
Reporting Losses
41,1%
2006
..8 : 20 2003 2004

2004
( 000)
..8 Agriculture and Fishing: The Top-20 Companies Reporting Profits in 2003 and 2004
Ranked by 2004 Profits
( 000)
Rank /Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
NIREUS CHIOS AQUACULTURE S.A.
....
SELONDA AQUACULTURES S.A.
..&..
HELLENIC FISHFARMING S.A.
..
ANDROMEDA S.A.
..
DIAS FISH FARMING S.A.
..
GALAXIDI MARINE FARM S.A.
....
SPIROU A.E.B.E. HOUSE OF AGRICULTURE
INTERFISH ..
INTERFISH AQUACULTURE S.A.
..
HELLENIC GRAINS S.A.
....
GREEK GINS S.A.
EKAL ..
EKAL S.A.
, ., ....
SCOURTIS, P., S.A.
....
VLACHAKIS S.A.
, . ., ..
TSAOUSSIS, CHR. B., EUROPTINOTROFIKI S.A.
....
LEVCOT S.A.
..
FARMA HELLAS MEAT S.A.
..
SOFADES GINNING MILLS S.A.
NEPTUNUS ..
NEPTUNUS MARINE CULTURES S.A.
..
ALASIA S.A.
..
VITRO HELLAS S.A.
Total
(%)
Share in totals of profit-making companies (%)
Pre-tax profits

Turnover
Assets
2003
2004
2004
2004
3.042
5.487
74.017
168.045
1.631
3.031
37.591
88.734
1.092
2.610
62.107
77.098
2.354
2.447
18.863
32.062
1.183
1.419
13.837
31.941
1.194
1.325
16.541
20.581
2.575
1.280
16.161
72.770
1.207
1.082
17.854
31.421
365
1.015
23.569
15.064
815
1.008
49.579
83.053
386
843
6.599
11.979
594
650
6.046
11.438
228
562
6.012
6.316
326
421
3.603
4.918
62
365
15.786
19.853
43
347
9.116
1.423
828
269
6.296
2.139
333
250
5.019
6.646
229
226
48
2.224
164
212
4.181
5.178
18.652
24.852
392.826
692.882
43,87
73,98
51,18
54,38
25
www.icap.gr
..9 : 20 2003 2004

2004
( 000)
..9 Agriculture and Fishing: The Top-20 Companies Reporting Losses in 2003 and 2004
Ranked by 2004 Losses
( 000)
Rank /Company
Losses
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
SEAFARM IONIAN ..
SEAFARM IONIAN S.A.
..
TRANSHELLENIC S.A.
OCTAPUS ..
OCTAPUS S.A.
..
EXELCA S.A.
DEEP A. ..&..
DEEP A. S.A.
, . ., ..
PAPADOPOULOS, E. D., S.A.
..
KASTELORIZO FISH CULTURE S.A.
....
THESSALIA FARM S.A.
GOLDEN WEST SEED HELLAS ..
GOLDEN WEST SEED HELLAS S.A.
..
ELIA STUD FARMA S.A.
. E. "" ....
SYN. EKKO. "EVROS" S.A.
FTHIOCOT ....
FTHIOCOT S.A.
SUPERNET ..
SUPERNET S.A.
PLANTAS ..
PLANTAS S.A.
..
KTIMA EFTHYMIOU S.A.
..
FIGAIA HORSE FARM S.A.
....
DAKAR S.A.
..
AKATOS FISH CULTIVATIONS S.A.
..
SIMI FISH S.A.
..
IPPOTOUR S.A.
Total
(%)
Share in totals of loss-bearing companies (%)
26

Turnover
Assets
2003
2004
2004
2004
-9.573
-7.056
11.591
55.600
-2.409
-3.067
6.548
20.399
-5.041
-1.850
1.931
9.409
-1.553
-1.579
3.668
17.845
-683
-1.288
4.523
11.206
-993
-1.282
26.615
46.635
-846
-1.148
4.448
14.025
-836
-1.068
1.195
12.382
-1.858
-1.018
2.736
16.501
-406
-999
133
4.537
-370
-781
6.412
5.902
-476
-693
5.357
-475
-610
20
1.063
-753
-573
1.787
4.319
-420
-544
307
1.051
-258
-527
800
442
-1.043
-450
21.624
17.327
-1.008
-449
274
664
-1.601
-441
1.503
14.377
-518
-431
3.225
20.185
-31.120
-25.855
99.340
279.226
55,80
33,26
18,58
27,42
( 000)
..10 Agriculture and Fishing: Assets and Liabilities of its Sectors: 2004
Sector
Agriculture
Fish farming
Total
Companies
Assets
207
1.369.566
118
325
( 000)

Net fixed assets
Current assets
Inventories

Equity
Liabilities
508.129
861.436
302.252
430.662
933.199
923.025
268.073
654.952
351.764
320.284
600.618
2.292.590
776.202
1.516.388
654.016
750.946
1.533.817
..10 : : 2004
..11 : : 2004
(% )
..11 Agriculture and Fishing: Rates of Change in Assets and Liabilities of its Sectors: 2004
Sector
Agriculture
Fish farming
Total
Assets
(annual % change)

Net fixed assets

Current assets
Inventories

Equity
Liabilities
4,30
6,10
3,26
-4,71
-6,03
10,47
-2,40
-18,56
6,23
7,50
-14,35
5,49
1,50
-3,94
4,52
1,49
-9,77
8,46
2006
27
28
..12 : : 2004
( 000)
..12 Agriculture and Fishing: Consolidated Income Statements of its Sectors: 2004
( 000)
Administrative,
distribution &
selling expenses
Sector
Companies
Turnover
Gross Profits
207
852.648
65.395
82.018
118
449.647
71.999
325
1.302.295
137.394
Agriculture
Fish farming
Total
, .
Interest
charges, etc.
Operating
income
Non-operating
income
Pre-tax profits
Dividends
35.945
-39.707
-3.365
-44.210
3.132
51.949
14.350
8.046
-6.764
73
4.838
133.968
50.295
-31.661
-10.129
-44.137
7.970
..13 : : 2004
(% )
..13 Agriculture and Fishing: Rates of Change in the Consolidated Income Statements of its Sectors: 2004
(annual % change)
Administrative,
distribution &
selling expenses
Sector
Turnover
Gross Profits
10,13
-32,21
5,83
12,55
14,70
14,40
9,03
-17,64
11,67
-13,81
7,05
1,89
Agriculture
Fish farming
Total
LP
KZ
PL
ZLZ+
L+
:
:
:
:
:
:
:
:
, .
Interest
charges, etc.
Operating
income
PL
LP
PL
Non-operating
income
PL
LL-
Pre-tax profits
Dividends
PL
LP
+
L+
-35,59
-10,53
-22,40
2004, 2003
Profits 2004, Losses 2003
2004, 2003
Losses 2004, Profits 2003

Decrease in Losses

Increase in Losses
www.icap.gr
Sector
Companies
Agriculture
Fish farming
Total
(%)
Fixed to total assets
(%)
2003
2004
2003
2004
207
207
36,47
118
118
325
325
()
Debt to equity
Inventory turnover
(days)
2003
2004
2003
2004
37,10
1,84
2,17
155
34,81
29,04
1,52
1,88
35,77
33,86
1,70
2,04
MO
()
Days sales outstanding
MO
()
Payable deferral period
(days)
2003
2004
2003
2004
144
149
159
96
359
328
207
193
222
203
168
171
..14 : , : 2003-2004
..14 Agriculture and Fishing: Capital Structure, Operating activity and Liquidity Financial Ratios of its Sectors: 2003-2004
Current ratio
2003
2004
97
1,22
1,14
270
251
1,33
1,28
153
147
1,26
1,20
..15 : : 2003-2004
..15 Agriculture and Fishing: Profitability and Return Financial Ratios of its Sectors: 2003-2004
Sector
Companies
Agriculture
Fish farming
Total

(%)
Gross profit margin
(%)
2003
2004
(%)
Operating profit margin
(%)
2003
2004
(%)
Net profit margin
(%)
2003
2004

(%)
Return on equity
(%)
2003
2004
.
(%)
Return on assets
(%)
2003
2004
2003
2004
207
207
12,46
7,67
0,17
-4,66
0,61
-5,18
1,02
-9,95
2,95
-0,62
118
118
16,05
16,01
-0,12
1,79
-4,58
0,02
-4,43
0,02
-0,05
1,54
325
325
13,67
10,55
0,07
-2,43
-1,14
-3,39
-1,54
-5,58
1,65
0,27
2006
29
www.icap.gr
..16 : 20 : 2004

( 000)
..16 Agriculture and Fishing: The Top-20 Companies in Agriculture: 2004

Ranked by Total Assets
( 000)
Rank
Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
SEKE S.A.
....
GREEK GINS S.A.
....
SPIROU A.E.B.E. HOUSE OF AGRICULTURE
..
ZOURAS FARM S.A.
..
MISSIRIAN S.A.
, ., , ....
KARAGIORGOU, N., BROS S.A.
, . ., ..
PAPADOPOULOS, E. D., S.A.
BELCOT ..
BELCOT S.A.
- ....
KAFANTARIS - PAPAKOSTAS S.A.
..
VIOLAR S.A.
....
VOIOTIAS COTTON MFG CO. S.A.
..&..
THESSALIA GINNING MILLS S.A.
..
TRANSHELLENIC S.A.
..
IPPOTOUR S.A.
....
LEVCOT S.A.
- ....
KAPPA-SIGMA COTTON S.A.
..
EXELCA S.A.
SKL - ....
SKL - GINNING MILLS S.A.
....
DAKAR S.A.
..
GIANNITSA GINNING MILLS S.A.
Total
20
Top-20 share
30
Assets
Turnover

Pre-tax profits
2003
2004
2003
2004
2003
2004
60.714
84.044
58.268
39.439
869
-1.312
74.279
83.053
39.184
49.579
815
1.008
74.952
72.770
17.627
16.161
2.575
1.280
90.534
71.083
57.270
50.243
3.856
-21.867
43.095
48.909
33.051
26.609
1.357
-1.380
45.612
47.090
32.616
43.932
1.007
135
42.847
46.635
25.632
26.615
-993
-1.282
28.513
36.986
5.088
4.158
68
-468
24.727
35.625
15.095
13.380
92
-1.601
28.053
26.705
21.728
15.552
1.437
-1.754
19.654
23.963
21.908
6.946
2.727
-874
19.296
21.545
10.618
19.239
-225
-259
19.852
20.399
9.458
6.548
-2.409
-3.067
22.064
20.185
2.756
3.225
-518
-431
19.166
19.853
11.236
15.786
62
365
15.275
18.584
12.529
22.924
421
-99
19.812
17.845
5.517
3.668
-1.553
-1.579
8.390
17.490
5.850
9.484
-154
-256
21.120
17.327
9.049
21.624
-1.043
-450
17.989
17.201
9.498
10.869
264
-219
695.945
747.292
403.980
405.982
8.656
-34.110
53,00
54,56
52,18
47,61
184,48
77,15
2006
..17 : 20 : 2004

( 000)
..17 Agriculture and Fishing: The Top-20 Companies in Fish-Farming: 2004

( 000)
Rank
Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
NIREUS CHIOS AQUACULTURE S.A.
....
SELONDA AQUACULTURES S.A.
..&..
HELLENIC FISHFARMING S.A.
SEAFARM IONIAN ..
SEAFARM IONIAN S.A.
..
ANDROMEDA S.A.
..
DIAS FISH FARMING S.A.
INTERFISH ..
INTERFISH AQUACULTURE S.A.
..
KORONIS AQUACULTURE S.A.
..
ITHACA FISHERIES S.A.
..
GALAXIDI MARINE FARM S.A.
..&..
CEPHALONIAN FISHERIES S.A.
..
FORKYS S.A.
..
SIMI FISH S.A.
LEMOND CO. A.B.E.E.
LEMOND CO. S.A.
..
KASTELORIZO FISH CULTURE S.A.
..
FISH FARMING OF SERIFOS S.A.
EKAL ..
EKAL S.A.
, ., FAMILY ..
KLEIDARAS, J., FAMILY S.A.
, . & ., ..
BITSAKOS, G. & P., AQUACULTURE S.A.
DEEP A. ..&..
DEEP A. S.A.
Total
20
Top-20 share
Assets
Turnover

Pre-tax profits
2003
2004
2003
2004
2003
2004
153.565
168.045
63.288
74.017
3.042
5.487
143.179
88.734
24.785
37.591
1.631
3.031
76.100
77.098
53.393
62.107
1.092
2.610
72.107
55.600
11.659
11.591
-9.573
-7.056
24.252
32.062
16.879
18.863
2.354
2.447
26.633
31.941
10.108
13.837
1.183
1.419
27.746
31.421
11.752
17.854
1.207
1.082
20.115
20.959
14.275
14.276
135
20.320
20.849
2.551
2.443
18.583
20.581
12.370
16.541
1.194
1.325
22.784
19.740
9.338
10.383
38
-4.629
10.614
14.582
7.642
8.917
1.174
120
16.054
14.377
1.851
1.503
-1.601
-441
14.923
14.050
6.656
4.853
24
50
15.716
14.025
6.665
4.448
-846
-1.148
13.879
13.299
4.743
4.004
42
-782
12.242
11.979
5.223
6.599
386
843
10.037
11.831
2.523
7.761
200
9.438
11.358
3.480
2.838
153
172
12.537
11.206
1.672
4.523
-683
-1.288
720.821
683.736
270.854
324.948
957
3.449
76,2
74,1
69,1
72,3
31
www.icap.gr
B.
SECTION B.

MINING AND QUARRYING
/ Sectors


32
/ Code
/ Companies

103

Mining of coal and lignite; extraction of peat
10
Extraction of crude oil and natural gas
11

Mining of metal ores
12

Other mining and quarrying
14
97
2006
B.II.1 : I: 2003-2004
( 000)
B.II.1 Mining and Quarrying: Consolidated Balance Sheets: 2003-2004

( 000)
/ Magnitude
/ Assets
/ Net fixed assets

/ Participations
/ Current assets
2003
2004
552.589
521.378
-5,65
238.443
222.139
-6,84
33.804
14.825
-56,14
168.218
180.368
7,22
314.146
299.239
-4,75
/ Inventories
71.245
61.292
-13,97
/ Receivables
210.530
196.008
-6,90
3.874
2.987
-22,90
32.370
41.940
29,56
552.589
521.378
-5,65
/ Securities
/ Cash
/ Equity
247.499
140.674
-43,16
144.872
170.313
17,56
/ Reserves
127.654
135.728
6,33
11.029
15.155
37,41
294.061
365.549
24,31
/ Liabilities
/ Long-term
38.965
65.508
68,12
/ Short-term
255.096
300.041
17,62
103
103
0,00
/ Companies
: 2004
( )


Equity
Assets

Mining and Quarrying
0,3%

0,2%

Other Sectors
99,7%
Liabilities

0,4%

Other Sectors
99,8%

Other Sectors
99,6%
33
www.icap.gr
B.II.2 : : 2003-2004
( 000)
B.II.2 Mining and Quarrying: Consolidated Income Statements: 2003-2004

( 000)
/ Magnitude
2003
2004
374.522
380.158
1,50
/ Gross profits
93.309
75.041
-19,58
66.876
91.767
37,22
6.792
7.625
12,28
/ Operating income
29.096
-14.345
-2.236
-88.844
/ Depreciation
32.188
65.681
104,05
25.532
-104.531
/ Income tax
14.748
11.871
-19,51
/ Dividends
21.798
15.488
-28,95
103
103
0,00
/ Turnover
/ Pre-tax profits
/ Companies
: 2004
( )

Turnover

0,3%

0,2%

Other Sectors
99,7%
34

Gross Profits
Dividends

0,4%

Other Sectors
99,8%

Other Sectors
99,6%
2006
B.II.3 : : 2003-2004
B.II.3 Mining and Quarrying: Financial Ratios: 2003-2004
/ Indices
2003
2004
43,15
42,61
1,19
2,60
0,53
0,70
4,76
-12,71
0,70
0,71
93
79
167
173
97
117
1,26
1,10
0,96
0,87
0,15
0,15
24,91
19,74
7,77
-3,77
6,82
-27,50
10,11
-53,86
6,07
-18,05
60
150
115
23
-31
103
103

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
35
www.icap.gr
B.II.4 : I: 20041

( 000)
B.II.4 Mining and Quarrying: Consolidated Balance Sheet: 20041

( 000)
/ Employees
/ Magnitude
10-49
50-249
250+
42.103
144.448
248.684
57.268
19.603
53.214
106.494
18.789
2.298
8.854
3.673
14.026
47.637
80.077
32.754
22.500
91.234
142.190
38.479
/ Inventories
5.890
20.266
16.770
17.590
/ Receivables
12.690
59.118
103.956
17.186
/ Assets
/ Net fixed assets
/ Participations
/ Current assets
/ Securities
674
240
1.798
275
3.920
11.850
21.464
3.703
42.103
144.448
248.684
57.268
/ Equity
/ Cash
-47.873
71.909
122.150
-21.341
33.085
40.938
59.557
19.151
/ Reserves
31.135
29.212
58.370
16.038
3.486
734
4.107
6.827
86.490
71.805
122.427
71.782
/ Liabilities
/ Long-term
3.431
4.583
15.339
31.460
/ Short-term
83.058
67.222
107.088
40.322
/ Employees
124
1.106
1.387
662
/ Companies
32
46
15
1
1
2004
Assets
250+
11,6%
: 2004
Shares in Mining and Quarrying Totals: 2004

Equity
<=9
8,5%
250+
250+
20,4%
-21,3m
Liabilities
<=9
24,5%
10-49
29,3%
50-249
122,2m
71,9m
10-49
<=9
-47,9m
50-249
50,6%
50-249
34,7%
-150,0
36
-50,0
50,0
150,0
10-49
20,4%
2006
B.II.5 : : 20041

( 000)
B.II.5 Mining and Quarrying: Consolidated Income Statement: 20041

( 000)
/ Employees
/ Magnitude
10-49
50-249
250+
13.399
106.385
199.398
58.611
/ Gross profits
3.144
25.398
63.051
-16.300
6.322
14.343
38.228
30.956
203
1.584
3.818
1.596
/ Operating income
-2.803
11.954
26.091
-47.006
-90.802
1.131
-1.045
1.883
2.253
8.194
14.290
39.088
-93.811
12.968
24.194
-45.292
/ Income tax
383
4.308
7.061
42
/ Dividends
370
5.788
9.276
/ Employees
124
1.106
1.387
662
/ Companies
32
46
15
/ Turnover
/ Depreciation
/ Pre-tax profits
1
1
2004

Turnover
250+
15,5%
: 2004

Gross Profits
<=9
3,5%
10-49
28,2%
250+
Dividends
250+ <=9
0,0% 2,4%
-16,3m
10-49
37,5%
63,1m
50-249
25,4m
10-49
50-249
60,1%
<=9
50-249
52,8%
-60,0
3,1m
-10,0
40,0
90,0
37
www.icap.gr
B.II.6 : : 20041

B.II.6 Mining and Quarrying: Financial Ratios: 20041
/ Indices
/ Employees
9
10-49
50-249
250+
46,56
36,84
42,82
32,81
1,00
1,00
2,05
0,50
0,49
1,25
9,19
7,34
0,17
0,76
0,84
1,11
621
77
41
77
353
183
177
93
870
106
82
87
0,57
1,38
1,30
1,04
0,33
1,12
1,15
0,56
0,08
0,18
0,18
0,10
23,47
23,87
31,62
-27,81
-20,92
11,24
13,08
-80,20
-700,15
12,19
12,13
-77,28
18,34
21,45
-119,38
10,37
11,83
-82,54
158
48
77
28
340
131
179
87
108
96
144
89
25
23
45
-25
-757
12
17
-68
32
46
15

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
1
1
2004
38
2006
B.II.7 : : 2004
( 000)
B.II.7 Mining and Quarrying: The Basic Magnitudes of Companies Reporting Profits and Losses: 2004
( 000)
Reporting Profits
Magnitude
Reporting Losses
428.039
93.339
Assets

171.403
50.736
Net fixed assets
256.636
42.603
Current assets

216.581
-75.907
Equity
206.234
159.316
Liabilities

338.897
41.261
Turnover

93.219
-18.178
Gross profits

40.132
-54.477
Operating income

40.659
-145.189
Pre-tax profits
75
28
Companies
: 2004
Assets
Reporting Profits
82,1%
Reporting Losses
17,9%
Liabilities

Turnover
Reporting Profits
56,4%
Reporting Profits
89,1%
Reporting Losses
43,6%
Reporting Losses
10,9%
39
www.icap.gr
B.II.8 : 20 2003 2004

2004
( 000)
B.II.8 Mining and Quarrying: The Top-20 Companies Reporting Profits in 2003 and 2004
( 000)
Rank /Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
, ., , ..
STAVROU, C., BROS S.A.
..&..
MARKOPOULO QUARRIES S.A.
..
LAHOR S.A.
, ., ..
SAMARAS, P., S.A.
....
ATLAS S.A.
- ...
DELPHI - DISTOMON S.A.
... ..
M.E.TE. S.A.
& ..
LAVA MINING & QUARRYING CO. S.A.
..
TRIAS EMPOROLATOMIKI S.A.
....
KYRIAKOU QUARRIES S.A.
..
WHITE MARBLE OF STENOPOS KAVALAS S.A.
..
GOURNES QUARRIES S.A.
..
IONIAN KALK S.A.
, ., ..
TSAKOUMANGOS, D., S.A.
, ., , ..
FROSSYNOS, SER., SONS S.A.
, . ., ...
FRANGOS, ST. P., S.A.
....
VOULA QUARRYING ENTERPRISES S.A.
, . ., ..
KALAMARAKIS, C. E., KALAS S.A.
...
MINELCO HELLAS S.A.
..
ELAPS S.A.
Total
(%)
40
Pre-tax profits

Turnover
Assets
2003
2004
2004
2004
8.856
4.406
22.849
14.157
4.089
3.171
18.289
15.739
1.330
2.640
4.967
7.065
1.864
2.583
17.479
11.272
2.943
2.443
7.214
6.732
3.371
2.425
19.997
19.500
1.211
2.408
15.011
9.407
2.685
2.323
11.225
16.474
3.885
1.927
6.127
5.782
2.935
1.908
10.787
18.220
1.531
1.561
4.296
6.233
1.567
1.397
3.760
3.688
1.065
1.367
10.069
21.071
801
1.028
3.373
4.057
670
718
5.986
4.624
913
662
9.038
9.009
303
487
1.807
2.785
750
471
25.557
34.168
761
352
1.331
926
578
335
1.521
5.433
42.109
34.612
200.682
216.345
88,40
85,13
59,22
50,54
2006
B.II.9 : 17 2003 2004

2004
( 000)
B.II.9 Mining and Quarrying: The Top-17 Companies Reporting Losses in 2003 and 2004
( 000)
Rank /Company
Losses
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
......
VIOLIGNIT M.C.T.I.S.A.
OIL A.E.
KAVALA OIL S.A.
....
LASKARIDIS MARBLE S.A.
..
LESVOS QUARRIES S.A.
..
KALYPSO HELLAS S.A.
....
MOULAKIS S.A.
..
WHITE MINERAL S.A.
..
KEDROS S.A.
...
PREVEZA QUARRIES S.A.
....
UNITED QUARRIES OF LAMIA S.A.
..
ACHAIKA LATOMEIA S.A.
..
LATOMIKI S.A.
....
LATODOMIKI KEAS S.A.
, ., & ....
FOUNTIDAKIS, MICH., & SONS S.A.
..
MANTZON QUARRYING ENTERPRISES S.A.
- ..&..
LIME HELLAS S.A.
...
LATOMEIA KASTANIAS LTD
Total
(%)

Turnover
Assets
2003
2004
2004
2004
-4.474
-93.348
5.144
-14.823
-46.132
25.524
16.906
-150
-274
361
945
-135
-254
1.011
2.286
-58
-155
2.995
-90
-138
3.630
4.503
-222
-107
680
2.412
-50
-81
775
-244
-77
621
566
-26
-66
1.289
654
-89
-62
42
103
-3
-21
76
872
-24
-19
79
459
-29
-18
339
756
-2
188
-48
-2
91
1.770
-33
-1
86
593
-20.498
-140.758
33.837
41.929
92,74
96,95
82,01
44,92
41
www.icap.gr
..10 : 20 : 2004

( 000)
..10 Mining and Quarrying: The Top-20 Companies: 2004

( 000)
Rank
Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
......
GRECIAN MAGNESITE S.A.
, . ., ..
KALAMARAKIS, C. E., KALAS S.A.
..
HELLENIC QUARRIES S.A.
..
ELMIN S.A.
..
GEO HELAS S.A.
..
IONIAN KALK S.A.
- ...
DELPHI - DISTOMON S.A.
....
KYRIAKOU QUARRIES S.A.
OIL A.E.
KAVALA OIL S.A.
& ..
LAVA MINING & QUARRYING CO. S.A.
.....
DOXA S.A.
..&..
MARKOPOULO QUARRIES S.A.
, ., , ..
STAVROU, C., BROS S.A.
, ., ..
SAMARAS, P., S.A.
... ..
M.E.TE. S.A.
, . ., ...
FRANGOS, ST. P., S.A.
MICROFILL . ..
MICROFILL K. ZAFRANAS S.A.
..
PERLITES AIGAIOU S.A.
..
FAISTOS S.A.
..
LAHOR S.A.
Total
20
Top-20 share
42
Assets
Turnover

Pre-tax profits
2003
2004
2003
2004
2003
2004
38.603
40.362
31.260
33.086
-322
841
30.831
34.168
25.964
25.557
750
471
13.012
24.352
13.354
15.190
-149
460
19.648
24.044
4.440
5.124
111
103
24.213
23.959
343
-2.896
17.299
21.071
10.084
10.069
1.065
1.367
18.714
19.500
21.460
19.997
3.371
2.425
14.850
18.220
10.338
10.787
2.935
1.908
10.011
16.906
26.585
25.524
-14.823
-46.132
16.462
16.474
12.441
11.225
2.685
2.323
16.063
16.053
8.010
9.181
295
326
15.956
15.739
20.787
18.289
4.089
3.171
19.438
14.157
28.045
22.849
8.856
4.406
11.106
11.272
16.419
17.479
1.864
2.583
8.698
9.407
10.071
15.011
1.211
2.408
8.550
9.009
7.601
9.038
913
662
8.416
8.983
4.660
5.305
12
19
9.024
8.573
655
568
11
-5
10.826
7.263
575
1.314
44
16
5.378
7.065
3.759
4.967
1.330
2.640
317.099
346.578
256.508
260.906
14.247
-22.904
57,38
66,47
68,49
68,63
55,80
21,91
2006
B.
SECTION B.
MANUFACTURING
/ Sectors
/ Code
/
Companies
Manufacturing
Manufacturing
4.828
-
Food-beverages

Manufacture of food products and beverages
15
1.073

Tobacco products

Manufacture of tobacco products
16
Textiles

Manufacture of textiles
17
287

Manufacture of wearing apparel; dressing and
dyeing of fur
18
342

(), ,
,
Tanning and dressing of leather; manufacture

of luggage, handbags, saddlery, harness and
footwear
19
74
Manufacture of wood and of products of wood

and cork, except furniture; manufacture of
articles of straw and plaiting materials
20
117

Manufacture of pulp, paper and paper
products
21
122
,

Publishing, printing and reproduction of
recorded media
22
442
(),

Manufacture of coke, refined petroleum
products and nuclear fuel
23
29
Chemicals

Manufacture of chemicals and chemical
products
24
277
()
Manufacture of rubber and plastic products
25
277
Manufacture of other non-metallic mineral

products
26
451

Basic metals

Manufacture of basic metals
27
95
Clothing
Leather
Wood
Paper
-
Publishing-printing

Oil refining
43
www.icap.gr
/ Sectors

Metal products
-
achinery, equipment
-/
1
Manufacture of machinery and equipment
nec1

Manufacture
of
office
machinery
computers
/
Companies
28
405
29
253
30
31
116
and
1
Manufacture of electrical
apparatus nec1
,

Radio,
television
and
communication equipment
,
Manufacture
of
radio,
television
and
communication equipment and apparatus
32
28
,

Manufacture of medical, precision and optical
instruments, watches and clocks
33
41

Manufacture of motor vehicles, trailers and
semi-trailers
34
34


Manufacture of other transport equipment
35
57
36
290

1
Manufacture of furniture; manufacturing nec1
Recycling
Recycling
37
Vehicles
Manufacture of fabricated metal products,

except machinery and equipment
/ Code
=
= not elsewhere classified
44
machinery
and
2006
..1 : I: 2003-2004
( 000)
..1 Manufacturing: Consolidated Balance Sheets: 2003-2004

( 000)
/ Magnitude
/ Assets
2003
2004
48.883.745
52.611.141
7,63
22.887.003
24.620.405
7,57
/ Net fixed assets

/ Participations
/ Current assets
7.416.363
7.594.704
2,40
12.865.836
13.735.885
6,76
25.996.742
27.990.737
7,67
/ Inventories
7.801.626
8.489.794
8,82
/ Receivables
15.770.869
17.467.114
10,76
633.888
621.125
-2,01
2.424.247
2.033.829
-16,10
48.883.745
52.611.141
7,63
/ Securities
/ Cash
/ Equity
22.574.675
24.139.207
6,93
11.963.187
12.217.537
2,13
/ Reserves
12.114.981
13.248.009
9,35
1.166.107
1.156.533
-0,82
25.142.964
27.315.402
8,64
/ Liabilities
/ Long-term
5.063.426
6.099.586
20,46
/ Short-term
20.079.538
21.215.815
5,66
4.828
4.828
0,00
/ Companies
: 2004
( )


Equity
Assets
Manufacturing
28,5%

Other Sectors
71,5%
Liabilities
Manufacturing
30,8%

Other Sectors
69,2%
Manufacturing
26,6%

Other Sectors
73,4%
45
www.icap.gr
..2 : : 2003-2004
( 000)
..2 Manufacturing: Consolidated Income Statements: 2003-2004

( 000)
/ Magnitude
2003
2004
38.985.100
43.041.895
10,41
/ Gross profits
8.779.506
9.575.870
9,07
6.513.138
7.102.723
9,05
749.177
774.435
3,37
/ Operating income
2.041.773
2.274.118
11,38
410.249
237.068
-42,21
1.874.244
1.968.782
5,04
2.382.390
2.419.500
1,56
/ Turnover
/ Depreciation
/ Pre-tax profits
/ Income tax
771.644
819.776
6,24
/ Dividends
918.678
1.017.484
10,76
4.828
4.828
0,00
/ Companies
: 2004
( )


Turnover

Gross Profits
Manufacturing
29,7%

Other Sectors
70,3%
46
Dividends
Manufacturing
31,8%

Other Sectors
68,2%
Manufacturing
25,0%

Other Sectors
75,0%
2006
..3 : : 2003-2004
..3 Manufacturing: Financial Ratios: 2003-2004
/ Indices
2003
2004
46,82
46,80
1,11
1,13
0,51
0,52
4,18
4,12
0,82
0,85
92
89
124
123
82
82
1,29
1,31
0,90
0,91
0,15
0,14
22,52
22,25
5,24
5,28
6,11
5,62
10,74
10,36
6,59
6,29
98
209
172
38
10
4.828
4.828

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
47
www.icap.gr
..4 : I: 20041

( 000)
..4 Manufacturing: Consolidated Balance Sheet: 20041

( 000)
/ Employees
/ Magnitude
10-49
50-249
250+
1.296.117
7.881.352
13.070.367
30.003.508
496.652
2.938.705
5.143.223
15.831.949
25.966
168.788
865.871
6.461.096
261.089
1.938.027
3.606.599
7.855.798
/ Current assets
799.465
4.942.647
7.927.145
14.171.559
/ Inventories
219.573
1.366.592
2.348.112
4.515.464
/ Receivables
451.132
3.019.934
5.048.958
8.852.373
424.756
/ Assets
/ Net fixed assets
/ Participations
/ Securities
/ Cash
/ Equity
8.841
43.742
138.905
128.760
556.122
530.075
803.722
1.296.117
7.881.352
13.070.367
30.003.508
610.989
3.317.006
5.496.478
14.566.265
578.833
2.355.836
3.153.148
6.027.583
/ Reserves
196.088
1.187.279
2.643.942
9.159.039
4.800
34.321
104.705
1.012.528
680.327
4.530.024
7.469.184
14.424.714
/ Liabilities
/ Long-term
54.845
539.226
1.312.665
4.157.028
/ Short-term
625.482
3.990.799
6.156.519
10.267.687
/ Employees
5.358
58.101
84.171
102.215
/ Companies
1.157
2.493
852
182
1
1
2004
: 2004
Shares in Manufacturing Totals: 2004
Assets

Equity
<=9
2,5%
<=9
2,5%
10-49
15,1%
<=9
2,5%
10-49
13,8%
10-49
16,7%
250+
53,2%
250+
250+
60,8%
57,4%
50-249
25,0%
48
Liabilities
50-249
22,9%
50-249
27,6%
2006
..5 : : 20041

( 000)
..5 Manufacturing: Consolidated Income Statement: 20041

( 000)
/ Employees
/ Magnitude
/ Turnover
861.426
10-49
50-249
250+
6.175.540 10.546.838 25.289.754
/ Gross profits
150.982
1.353.006
2.615.595
5.434.491
143.505
1.038.006
1.992.600
3.909.166
19.963
154.903
239.275
353.923
/ Operating income
5.282
228.456
510.437
1.531.696
16.741
47.651
36.197
133.289
/ Depreciation
45.343
306.280
571.522
1.033.987
16.506
257.269
/ Income tax
12.735
89.717
164.315
551.341
/ Dividends
10.734
79.483
166.555
759.168
/ Employees
5.358
58.101
84.171
102.215
/ Companies
1.157
2.493
852
182
/ Pre-tax profits
528.161 1.617.471
2004
1
: 2004

Turnover
<=9
2,0%

Gross Profits
<=9
1,6%
10-49
14,4%
Dividends
<=9
1,1%
10-49
14,2%
10-49
7,8%
50-249
16,4%
250+
56,8%
250+
59,0%
50-249
24,6%
50-249
27,4%
250+
74,7%
49
www.icap.gr
..6 : : 20041

..6 Manufacturing: Financial Ratios: 20041
/ Indices
/ Employees
9
10-49
50-249
250+
38,32
37,29
39,35
52,77
1,11
1,37
1,36
0,99
0,52
0,57
0,57
0,48
1,83
2,66
3,21
5,57
0,69
0,82
0,84
0,87
111
100
104
79
156
152
153
102
151
117
100
63
1,26
1,24
1,28
1,36
0,91
0,90
0,90
0,93
0,22
0,16
0,11
0,14
17,53
21,91
24,80
21,49
0,61
3,70
4,84
6,06
1,92
4,17
5,01
6,40
2,88
8,16
10,03
11,37
2,91
5,48
6,09
6,79
93
51
61
155
242
136
155
294
161
106
125
247
28
23
31
53
16
1.157
2.493
852
182

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
1
1
2004
50
2006
..7 : : 2004
( 000)
..7 Manufacturing: The Basic Magnitudes of Companies Reporting Profits and Losses: 2004
( 000)
Reporting Profits
Magnitude
Reporting Losses
43.998.625
8.612.516
Assets

20.186.744
4.433.661
Net fixed assets
23.811.881
4.178.855
Current assets

21.036.658
3.102.549
Equity
22.055.362
5.260.040
Liabilities

38.872.210
4.169.685
Turnover

9.077.445
498.425
Gross profits

2.698.148
-424.030
Operating income

2.977.633
-558.133
Pre-tax profits
3.703
1.125
Companies
: 2004
Assets
Liabilities
Reporting Profits
83,6%

Turnover
Reporting Profits
90,3%
Reporting Profits
80,7%
Reporting Losses
16,4%
Reporting Losses
19,3%
Reporting Losses
9,7%
51
www.icap.gr
..8 : 20 2003 2004

2004
( 000)
..8 Manufacturing: The Top-20 Companies Reporting Profits in 2003 and 2004
( 000)
Rank /Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
HELLENIC PETROLEUM S.A.
() ..
MOTOR OIL (HELLAS) CORINTH REFINERIES S.A.
..
TITAN CEMENT CO. S.A.
. .
HERACLES GENERAL CEMENT CO. S.A.
NESTLE ..
NESTLE HELLAS S.A.
COCA - COLA ..
COCA - COLA HELLENIC BOTTLING COMPANY S.A.
..
ATHENIAN BREWERY S.A.
..
PFIZER HELLAS S.A.
....
ALUMINIUM DE GRECE S.A.
..
VIANEX S.A.
..
ELAIS OLEAGINOUS PRODUCTS S.A.
GLAXOSMITHKLINE A....
GLAXOSMITHKLINE S.A.
INTRACOM ..
INTRACOM S.A.
...
PAPASTRATOS CIGARETTE MFG CO. S.A.
..
KARELIA TOBACCO COMPANY INC.
..
HALYPS BUILDING MATERIALS S.A.
COLGATE PALMOLIVE (HELLAS) ....
COLGATE PALMOLIVE (HELLAS) S.A.
SANOFI SYNTHELABO ..
SANOFI SYNTHELABO S.A.
BSH ...
BSH IKIAKES SYSKEVES S.A.
..
SIDENOR S.A.
Total
(%)
52
Pre-tax profits

Turnover
Assets
2003
2004
2004
2004
244.958
183.824
4.529.772
2.729.327
95.064
155.414
1.937.191
913.861
155.481
135.161
430.680
857.449
116.793
105.276
524.871
541.139
79.143
85.006
349.617
151.304
96.978
82.811
636.487
2.996.077
72.880
76.463
374.312
330.851
30.972
58.507
371.934
287.015
17.178
47.486
357.318
498.710
39.678
40.285
234.230
177.500
29.114
36.470
220.393
139.500
30.915
36.308
252.957
193.703
42.973
36.113
478.017
1.194.372
34.862
34.044
502.855
388.929
27.166
32.382
157.037
225.426
37.188
31.373
80.388
135.460
31.171
31.147
124.582
57.524
1.442
30.710
146.157
74.954
31.659
26.000
284.348
168.824
23.761
25.004
485.612
475.620
12.478.755
12.537.544
32,10
28,50
1.239.373 1.289.786
44,56
43,32
2006
..9 : 20 2003 2004

2004
( 000)
..9 Manufacturing: The Top-20 Companies Reporting Losses in 2003 and 2004
( 000)
Rank /Company
Losses
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
PHOSPHORIC FERTILISERS INDUSTRY S.A.
..
HELLENIC SHIPYARDS S.A.
..
MYTHOS BREWERY S.A.
..
CORINTH PIPEWORKS S.A.
FANCO ..
FANCO S.A.
..
LOULIS MILLS S.A.
& ..
ELEFSIS SHIPBUILDING & INDUSTRIAL ENTERPRISES S.A.
..
AGNO S.A.
, . ., ..
KOTZAVASSILOGLOU, H. V., SALIGAR S.A.
...
SEVATH S.A.
...
IDEAL REFRACTORIES S.A.
....
KERANIS S.A.
..
RODOPI TEXTILES S.A.
PEPSICO - ...
PEPSICO - IVI S.A.
..
BALKAN EXPORT S.A.
..
APOGEVMATINI PUBLICATIONS S.A.
.....
CERAMICS ALLATINI S.A.
..
PREVEZA MILLS S.A.
ARCADIA TECNOLOGIES ..&..
ARCADIA TECHNOLOGIES S.A.
..
HELLATEX SYNTHETIC YARNS S.A.
Total
(%)

Turnover
Assets
2003
2004
2004
2004
-2.001
-68.216
207.952
294.075
-1.182
-44.865
130.082
515.467
-1.779
-32.063
41.553
68.864
-53.586
-28.227
180.448
268.161
-6.601
-13.895
43.573
61.557
-4.727
-9.632
108.323
189.117
-10.943
-8.631
135.942
203.848
-12.799
-6.944
31.737
74.146
-192
-6.587
4.979
24.269
-3.208
-6.543
13.106
25.517
-2.909
-6.111
832
4.235
-7.934
-5.234
11.284
54.519
-3.265
-4.283
37.784
79.049
-2.474
-4.190
105.045
79.620
-587
-3.695
19.491
103.493
-2.353
-3.603
13.863
8.564
-1.491
-3.277
815
28.741
-3.748
-3.244
6.902
24.492
-1.480
-3.049
1.200
16.085
-164
-3.015
3.749
35.999
-123.422
-265.306
1.098.658
2.159.819
30,93
47,53
26,35
25,08
53
( 000)
..10 Manufacturing: Assets and Liabilities of its Sectors: 2004
Companies
Assets
1.073
12.720.901
( 000)

Net fixed assets
Current assets
Inventories

Equity
Liabilities
7.097.425
5.623.476
1.632.712
6.251.303
6.326.012
780.426
209.131
571.296
172.471
290.215
467.890
287
2.228.021
1.110.968
1.117.054
381.447
1.262.819
956.454
342
1.504.406
386.777
1.117.630
400.766
564.235
932.726
74
222.754
54.076
168.677
51.945
77.473
144.629
117
883.038
355.164
527.874
201.520
462.347
417.513
122
1.069.469
462.546
606.923
174.717
376.016
676.858
442
2.578.151
1.119.947
1.458.204
244.045
1.203.530
1.366.410
29
3.865.329
2.118.709
1.746.620
772.176
1.961.630
1.636.413
277
5.294.282
1.569.841
3.724.441
937.126
1.816.971
3.362.275
277
1.895.690
883.129
1.012.560
261.972
889.515
987.738
451
4.207.563
2.299.171
1.908.392
487.208
2.197.982
1.855.065
95
4.835.383
2.332.304
2.503.079
871.894
2.217.738
2.548.153
405
2.413.255
1.042.502
1.370.753
434.610
1.178.111
1.217.299
253
1.226.226
445.106
781.121
228.246
566.463
601.229
8.616
2.445
6.171
1.435
2.522
6.090
116
825.593
315.759
509.834
165.827
359.104
447.118
28
1.412.923
502.470
910.452
199.493
768.855
594.807
41
167.068
53.262
113.806
26.547
85.683
79.323
34
576.344
163.003
413.341
156.047
188.038
383.888
57
2.559.416
1.400.937
1.158.478
467.344
814.728
1.583.583
290
1.320.743
688.224
632.518
219.230
595.671
716.650
15.545
7.507
8.037
1.018
8.260
7.278
4.828
52.611.141
24.620.405
27.990.737
8.489.794
24.139.207
27.315.402
www.icap.gr
Sector
-
Food-beverages

Tobacco products
Textile

Clothing
Leather
Wood
Paper
-
Publishing-printing

Oil refining
Chemicals
-


Basic metals

Metal products
-
Machinery, equipment
-/

,

Vehicles


Recycling
Total
54
..10 : : 2004
(% )
..11 Manufacturing: Rates of Change in Assets and Liabilities of its Sectors: 2004
Assets
(annual % change)

Net fixed assets

Current assets
Inventories

Equity
Liabilities
6,51
6,32
6,74
3,58
4,19
9,26
16,73
2,40
23,03
66,89
28,43
9,69
0,05
2,84
-2,57
-1,34
2,88
-3,35
3,80
6,56
2,88
1,90
8,72
1,47
2,19
-1,36
3,38
5,13
4,19
1,57
7,60
7,58
7,61
9,33
5,39
10,43
6,25
8,59
4,52
-1,94
9,68
5,58
4,82
0,55
8,35
13,92
1,77
7,85
12,01
14,54
9,09
24,24
2,32
26,04
11,24
7,53
12,88
7,21
10,16
10,80
9,11
8,70
9,48
12,17
7,78
10,86
3,34
9,24
-2,98
7,24
13,50
-6,04
16,39
11,02
21,87
15,69
11,32
21,41
12,13
6,80
16,55
17,26
15,07
9,88
9,92
11,05
9,28
7,04
6,09
13,95
8,44
6,88
9,07
46,39
43,16
-1,32
4,32
5,59
3,56
6,34
6,38
2,50
-9,12
0,13
-13,53
0,76
2,06
-19,93
15,86
11,29
18,13
8,54
7,79
26,46
1,77
29,05
-6,07
-3,10
20,84
-5,37
8,26
6,00
11,13
2,91
0,23
18,54
9,29
9,25
9,33
9,82
10,53
8,38
32,37
21,08
45,01
37,03
41,77
23,09
7,63
7,57
7,67
8,82
6,93
8,64
2006
55
Sector
-
Food-beverages

Tobacco products
Textile

Clothing
Leather
Wood
Paper
-
Publishing-printing

Oil refining
Chemicals
-


Basic metals

Metal products
-
-/

,

Vehicles


Recycling
Total
..11 : : 2004
( 000)
..12 Manufacturing: Consolidated Income Statements of its Sectors: 2004

( 000)
.
Administrative,
distribution & Interest charges
selling expenses
etc.
Sector
Companies
Turnover
Gross Profits
1.073
9.491.194
2.596.823
2.061.643
744.708
173.412
287
1.241.687
342
Operating
income
Non-operating
income
Pre-tax profits
Dividends
199.809
479.493
30.267
483.027
259.400
119.353
5.596
63.935
-3.642
60.292
16.355
170.270
177.136
37.583
-26.078
9.721
-21.182
11.084
1.385.547
334.732
276.450
30.259
44.210
21.850
63.829
20.568
74
168.591
41.774
34.738
5.950
3.145
2.124
4.788
2.432
117
506.785
83.793
71.259
15.449
6.990
2.123
8.687
2.134
122
825.751
197.105
165.809
26.556
12.320
3.084
13.748
5.204
442
1.967.219
683.819
597.003
40.176
74.752
16.836
86.135
39.917
29
6.829.523
600.008
296.157
21.160
304.650
39.379
343.322
175.614
277
5.120.884
1.773.616
1.415.432
84.553
406.854
-19.621
376.314
128.023
277
1.364.801
272.627
193.946
32.340
67.282
14.677
78.929
20.415
451
3.054.918
794.783
419.992
48.683
359.770
48.431
403.024
136.184
95
3.884.717
511.357
294.083
81.715
162.218
19.968
162.380
59.503
405
1.889.022
346.705
194.306
34.710
135.329
17.493
150.116
33.615
253
937.266
223.381
167.254
19.013
61.983
11.325
72.025
45.722
7.679
1.908
1.761
167
20
-27
-7
127
116
811.960
127.559
93.123
15.128
28.758
5.337
33.632
11.273
28
644.925
181.591
125.871
22.022
39.186
19.511
55.561
22.277
41
152.817
33.907
20.598
3.711
10.396
14
10.352
1.890
34
580.755
107.336
83.932
12.099
29.146
933
29.878
7.325
57
609.540
43.067
77.806
12.496
-40.101
-23.192
-63.452
1.065
290
809.067
271.254
212.926
25.014
47.085
20.246
65.097
17.356
12.538
5.043
2.145
247
2.776
230
3.006
4.828
43.041.895
9.575.870
7.102.723
774.435
2.274.118
237.068
2.419.500
1.017.484
www.icap.gr
-
Food-beverages

Tobacco products
Textile

Clothing
Leather
Wood
Paper
-
Publishing-printing

Oil refining
Chemicals
-


Basic metals

Metal products
-
-/

. .,.
Radio, TV and commun. equipment

Vehicles


Recycling
Total
56
..12 : : 2004
(% )
..13 Manufacturing: Rates of Change in the Consolidated Income Statements of its Sectors: 2004
Sector
Turnover
, .
Interest
charges, etc.
Operating
income
Non-operating
income
Pre-tax profits
Dividends
-43,39
PL
-2,05
0,43
18,50
PL
87,09
6,36
6,96
8,41
2,19
3,27
19,69
25,73
25,08
-0,27
-3,72
-5,17
6,94
3,59
34,81
+
L+
1,60
-0,29
5,05
3,31
-21,37
-1,69
-3,48
6,31
4,22
-55,45
8,90
16,96
17,66
21,31
2,21
3,87
-5,64
10,78
11,95
21,44
-68,38
-1,79
479,66
LP
9,80
-17,78
-23,66
-18,08
-49,28
-11,02
0,15
0,86
8,98
LP
-87,06
-19,32
-4,77
9,76
10,66
40,55
-42,86
7,77
0,36
20,90
8,78
1,42
36,69
-0,66
50,21
8,95
10,27
10,69
12,99
6,55
-68,44
+
L+
3,59
-2,29
12,71
6,76
11,00
2,00
0,16
-15,17
-4,38
5,39
3,26
-1,98
7,84
3,13
-11,21
17,92
-8,63
-1,67
23,90
47,21
14,21
15,13
238,98
55,28
253,78
102,35
14,73
22,64
8,22
3,90
59,69
29,07
57,60
-3,18
9,71
4,25
7,13
7,79
6,66
10,08
-19,94
8,09
L-
3,40
L-
131,17
-0,57
1,84
LP
11,88
2,38
8,78
7,41
-15,82
-7,06
-14,12
-36,84
-9,07
-17,13
-12,80
-49,28
0,04
-33,73
-17,78
-6,12
1,49
2,69
11,30
100,50
-23,16
-24,65
-10,52
19,57
7,98
29,82
39,52
-5,61
22,17
5,67
-15,36
+
L+
101,34
-4,37
-25,13
+
L+
-95,03
LP
PL
13,80
12,34
14,40
1,94
14,10
255,71
46,15
-32,71
53,82
81,84
46,17
55,26
116,08
-38,35
81,32
-100,00
10,41
9,07
9,05
3,37
11,38
-42,21
1,56
10,76
-23,51
-37,48
2006
57
-
Food-beverages

Tobacco products
Textile

Clothing
Leather
Wood
Paper
-
Publishing-printing

Oil refining
Chemicals
-


Basic metals

Metal products
-
-/

,

Vehicles


Recycling
Total
(annual % change)

Administrative,
Gross Profits
distribution &
selling expenses
..13 : : 2004
()
Payable deferral
period (days)
2003
2004
2004
1.073
1.073
55,89
55,79
0,96
1,01
86
85
116
116
85
30,55
26,80
1,89
1,61
77
88
92
78
287
287
48,51
49,86
0,81
0,76
129
131
163
342
342
25,04
25,71
1,77
1,65
136
138
74
74
25,15
24,28
1,92
1,87
134
117
117
40,23
40,22
0,86
0,90
122
122
42,32
43,25
1,87
442
442
45,28
43,44
29
29
53,60
277
277
277
Sector
Companies
Debt to equity
2003
2004

Current ratio
2003
2004
85
1,22
1,24
219
204
1,10
1,17
173
79
86
1,40
1,38
138
145
118
116
1,31
1,33
146
192
195
128
120
1,23
1,23
167
166
185
192
85
89
1,55
1,52
1,80
105
102
151
158
128
134
1,15
1,13
1,07
1,14
66
65
171
169
157
151
1,27
1,24
54,81
0,68
0,83
42
41
42
39
15
17
1,49
1,48
30,67
29,65
1,84
1,85
99
99
146
161
120
125
1,21
1,23
277
46,76
46,59
1,08
1,11
89
83
155
150
99
96
1,27
1,23
451
451
51,69
54,64
1,02
0,84
75
76
130
135
75
74
1,28
1,28
95
95
50,56
48,23
1,05
1,15
98
88
122
115
60
56
1,43
1,60
405
405
45,36
43,20
1,08
1,03
96
95
120
125
93
96
1,26
1,29
253
253
35,93
36,30
0,99
1,06
118
113
165
163
89
88
1,59
1,55
28,79
28,38
3,50
2,41
71
76
107
139
149
219
0,98
0,97
116
116
37,79
38,25
1,29
1,25
90
86
132
122
82
76
1,44
1,52
28
28
32,28
35,56
0,99
0,77
152
157
280
292
109
114
1,73
1,88
41
41
33,19
31,88
0,79
0,93
77
78
121
152
72
86
1,58
1,59
34
34
22,30
28,28
2,61
2,04
137
122
146
144
96
92
1,17
1,18
57
57
55,91
54,74
1,64
1,94
276
297
138
143
76
124
1,09
1,05
290
290
52,13
52,11
1,23
1,20
149
142
133
127
117
111
1,24
1,21
52,80
48,30
1,01
0,88
39
43
123
124
100
124
1,28
1,28
4.828
4.828
46,82
46,80
1,11
1,13
92
89
124
123
82
82
1,29
1,31
www.icap.gr
-
Food-beverages

Tobacco products
Textile

Clothing
Leather
Wood
Paper
-
Publishing-printing

Oil refining
Chemicals
-


Basic metals

Metal products
-
-/

, .,
Radio, TV and communication equipment

Vehicles


Recycling
Total
()
Days sales
outstanding
2003
2004
2003
()
Inventory turnover
(days)
2003
2004
(%)
Fixed to total
assets (%)
2003
2004
58
..14 : , : 2003-2004
..14 Manufacturing: Capital Structure, Operating activity and Liquidity Financial Ratios of its Sectors: 2003-2004
Sector
Companies
(%)
(%)
2003
2004
(%)
Net profit margin
(%)
2003
2004
(%)
Return on equity
(%)
2003
2004
.
(%)
Return on assets
(%)
2003
2004
2003
2004
1.073
1.073
27,21
27,36
5,20
5,05
5,53
5,09
8,06
7,89
5,76
5,54
22,17
23,29
7,62
8,59
8,18
8,10
22,70
23,36
8,41
9,09
287
287
13,92
13,71
-0,17
-2,10
2,11
-1,71
2,18
-1,70
2,85
0,74
342
342
24,62
24,16
4,12
3,19
4,26
4,61
11,32
11,79
6,21
6,37
74
74
25,24
24,78
4,12
1,87
3,66
2,84
8,49
6,31
5,67
4,87
117
117
15,39
16,53
1,38
1,38
2,10
1,71
2,24
1,93
2,87
2,83
122
122
23,49
23,87
-0,65
1,49
2,11
1,66
5,07
3,82
4,41
3,88
442
442
34,40
34,76
3,00
3,80
4,50
4,38
6,83
7,22
4,87
5,01
29
29
8,82
8,79
3,96
4,46
6,15
5,03
20,15
17,70
11,51
9,96
277
277
34,22
34,63
8,12
7,94
7,73
7,35
23,14
21,71
9,82
9,17
277
277
21,09
19,98
5,55
4,93
6,82
5,78
10,31
9,21
6,75
6,13
451
451
27,41
26,02
13,70
11,78
14,91
13,19
24,01
19,50
12,66
10,91
95
95
11,08
13,16
1,53
4,18
1,46
4,18
2,34
7,71
2,90
5,43
405
405
17,17
18,35
5,15
7,16
5,78
7,95
9,60
13,63
6,24
8,10
253
253
25,08
23,83
7,12
6,61
8,15
7,68
12,94
13,09
8,03
7,77
23,17
24,85
-0,11
0,25
-1,39
-0,10
-6,79
-0,34
1,45
1,93
116
116
17,17
15,71
4,71
3,54
5,40
4,14
11,72
9,66
6,95
6,03
28
28
30,89
28,16
5,52
6,08
9,53
8,62
8,94
7,30
6,75
5,23
41
41
21,93
22,19
8,98
6,80
9,12
6,77
18,87
12,54
11,71
9,04
34
34
20,47
18,48
8,01
5,02
7,27
5,14
24,45
17,39
8,46
7,35
57
57
7,16
7,07
-3,80
-6,58
-0,80
-10,41
-0,63
-7,80
0,29
-2,07
290
290
33,96
33,53
5,80
5,82
6,26
8,05
8,50
11,48
6,22
7,13
34,02
40,22
15,76
22,14
20,34
23,97
30,12
42,68
16,81
23,84
4.828
4.828
22,52
22,25
5,24
5,28
6,11
5,62
10,74
10,36
6,59
6,29
2006
59
-
Food-beverages

Tobacco products
Textile

Clothing
Leather
Wood
Paper
-
Publishing-printing

Oil refining
Chemicals
-


Basic metals

Metal products
-
-/

, .,
Radio, TV and communication equipment

Vehicles


Recycling
Total
(%)
Gross profit margin
(%)
2003
2004
..15 : : 2003-2004
..15 Manufacturing: Profitability and Return Financial Ratios of its Sectors: 2003-2004
www.icap.gr
..16 : 20 -: 2004

( 000)
..16 Manufacturing: The Top-20 Companies in Food-Beverages: 2004

( 000)

Rank Company
Assets
Turnover
Pre-tax profits
2003
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
COCA - COLA ..
COCA - COLA HELLENIC BOTTLING COMPANY S.A.
..
ATHENIAN BREWERY S.A.
..
FAGE DAIRY INDUSTRY S.A.
CHIPITA INTERNATIONAL ..&..
CHIPITA INTERNATIONAL S.A.
..
DELTA DAIRY S.A.
HELLENIC QUALITY FOODS ...
HELLENIC QUALITY FOODS S.A.
..
DELTA ICE CREAM S.A.
..
LOULIS MILLS S.A.
..
HELLENIC SUGAR INDUSTRY S.A.
NESTLE ..
NESTLE HELLAS S.A.
..
ELAIS OLEAGINOUS PRODUCTS S.A.
..
MEVGAL S.A.
AGROINVEST A.E...
AGROINVEST S.A.
....
CRETA FARM S.A.
, . ., ....
NIKAS, P. G., S.A.
..
TYRAS S.A.
.. & &
ION COCOA & CHOCOLATE MANUFACTURERS S.A.
, , ....
HAITOGLOU BROS S.A.
..&..
SOYA HELLAS S.A.
..
KOLIOS S.A.
Total
20
Top-20 share
60
2004
2.971.080 2.996.077
2003
2004
2003
2004
629.046
636.487
96.978
82.811
296.573
330.851
367.726
374.312
72.880
76.463
234.690
266.767
335.849
344.668
8.187
14.019
218.595
243.490
101.768
105.686
7.983
2.446
225.868
231.424
304.769
319.473
18.515
23.651
173.423
196.232
99.335
99.959
-210
96
197.064
189.964
78.780
72.625
5.589
3.654
165.066
189.117
61.668
108.323
-4.727
-9.632
210.059
171.600
263.148
247.949
15.671
5.978
141.510
151.304
359.109
349.617
79.143
85.006
121.789
139.500
204.540
220.393
29.114
36.470
102.796
121.059
164.275
173.289
6.273
1.101
108.850
117.238
73.196
80.415
-1.488
-602
98.645
111.375
66.162
79.339
3.705
3.913
93.586
104.810
56.563
69.962
10.439
13.810
79.407
99.745
94.878
111.723
3.877
8.624
90.524
93.379
90.953
93.365
4.855
3.705
74.608
89.995
46.311
46.925
1.253
1.300
77.772
89.150
218.915
240.983
3.405
4.227
82.060
86.377
69.008
69.525
5.212
3.002
5.763.964 6.019.454 3.685.999 3.845.017 366.653 360.041

48,26
47,32
41,31
40,51
74,35
74,54
2006
..17 : 5 : 2004

( 000)
..17 Manufacturing: The Top-5 Companies in Tobacco Products: 2004

( 000)
Rank
Company
1
2
3
4
5
...
PAPASTRATOS CIGARETTE MFG CO. S.A.
..
KARELIA TOBACCO COMPANY INC.
..
SEKAP S.A.
....
KERANIS S.A.
, . ., ..
GEORGIADES, TH. D., CIGARETTES INDUSTRY S.A.
Total
5
Top-5 share
Assets
Turnover

Pre-tax profits
2003
2004
2003
2004
2003
2004
327.600
388.929
391.648
502.855
34.862
34.044
164.812
225.426
140.211
157.037
27.166
32.382
99.497
96.594
63.365
65.325
175
703
62.967
54.519
14.722
11.284
-7.934
-5.234
13.682
14.958
12.226
8.208
-3.390
-1.603
668.558
780.426
622.172
744.708
50.879
60.292
100,00
100,00
100,00
100,00
100,00
100,00
61
www.icap.gr
..18 : 20 : 2004

( 000)
..18 Manufacturing: The Top-20 Companies in Textiles: 2004

( 000)

Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
NAOUSSA SPINNING MILLS S.A.
..
HELLENIC FABRICS S.A.
, . ., ......
MOUZAKIS, EL. D., S.A.
VERTICAL ....
VERTICAL S.A.
....
THRACE PLASTICS S.A.
..
RODOPI TEXTILES S.A.
....
SELECTED TEXTILE INDUSTRIES ASSOCIATION S.A.
..
KARATZIS S.A.
.. - IK N
VARVARESSOS S.A. - EUROPEAN SPINNING MILLS
..
BIOKARPET S.A.
. . ..
MAXIM K. M. PERTSINIDIS S.A.
, ., , ..
AKRIDAS, D., BROS S.A.
, , ..
ANEZOULAKIS BROS FIERATEX S.A.
....
THRACE SPINNING MILLS S.A.
..
SPINNING MILLS OF THESSALONIKI S.A.
..
FARBETEX S.A.
..
PREVEZA MILLS S.A.
....
NAFPAKTOS TEXTILE INDUSTRY S.A.
..
KILKIS SPINNING MILLS S.A.
..
COLORA S.A.
Total
20
Top-20 share
62
Assets
Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
292.468
241.786
120.492
80.205
201
-38.828
125.213
129.087
73.346
94.293
4.021
5.093
98.980
108.998
54.989
51.245
977
921
94.083
99.485
56.991
55.437
4.002
3.203
96.890
87.320
42.306
43.564
1.088
2.005
82.999
79.049
42.445
37.784
-3.265
-4.283
63.850
70.037
47.523
51.851
299
-670
75.613
68.762
39.882
39.422
-2.184
225
50.956
59.001
25.889
28.447
-3.048
17
53.794
57.810
21.609
22.524
1.083
1.019
50.831
52.249
9.538
9.353
120
-313
36.507
37.721
14.857
16.254
67
75
42.402
36.098
37.979
30.351
1.273
-1.211
31.374
33.694
14.077
14.427
-313
-276
28.228
25.575
12.411
7.399
22
-1.191
21.181
25.269
13.485
15.261
1.158
277
23.656
24.492
13.036
6.902
-3.748
-3.244
24.283
23.650
13.634
11.672
1.866
562
21.367
21.944
15.382
19.630
94
361
20.659
21.515
12.842
12.760
2.394
2.407
648.780
6.107
-33.852
52,25
22,46
159,82
1.335.332 1.303.539 682.715

59,97
58,51
52,94
2006
..19 : 20 : 2004

( 000)
..19 Manufacturing: The Top-20 Companies in Clothing: 2004

( 000)
Rank Company
1
2
3
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
SEX-FORM ..
SEX-FORM S.A.
FANCO ..
FANCO S.A.
ERGO TEXTILE ....
ERGO TEXTILE S.A.
MINERVA . & .
..
MINERVA J. & B. LADENIS BROS KNITWEAR
MANUFACTURING COMPANY S.A.
..
ELVE ENDIMATON S.A.
..
STAFF S.A.
B.S.B. ....
B.S.B. S.A.
..
PETSAS S.A.
MANDARINO INTL A.E.
MANDARINO INTL S.A.
, ., "LAPIN HOUSE" ....
PAPAIOANNOU, ST., "LAPIN HOUSE" S.A.
..
KOMOTEX A.G.
BLUE POINT . . ..
BLUE POINT S. N. ARGIROS S.A.
..
KENTAPOTZIDI S.A.
ALOUETTE ..
ALOUETTE S.A.
TERLANA ..
TERLANA S.A.
....
TRIUMPH INTERNATIONAL A.G.
..
DOUROS S.A.
, ., , ....
KAMINIOTIS, M., BROS S.A.
YZATIS A.E...
YZATIS S.A.
....
HELIOS KNITTING INDUSTRY S.A.
Total
20
Top-20 share
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
83.578
82.338
38.416
31.105
3.699
5.613
69.579
61.557
49.305
43.573
-6.601
-13.895
25.305
34.917
16.342
21.284
326
333
23.074
26.986
20.064
20.886
1.674
1.526
22.585
23.907
8.314
9.803
1.259
1.449
19.778
23.220
14.696
23.128
1.390
2.023
16.517
22.448
27.861
33.460
4.170
4.019
21.069
21.483
19.516
18.183
-371
-463
22.275
20.982
19.157
17.456
2.017
1.006
20.083
20.704
22.441
19.627
2.336
1.697
19.700
20.421
17.667
19.966
309
844
21.267
19.707
21.069
21.147
1.457
852
18.462
18.505
13.504
11.926
1.327
1.316
16.450
18.384
15.932
18.316
875
360
16.088
17.239
7.402
5.524
176
201
17.264
16.892
31.831
31.492
3.109
3.234
15.433
15.975
8.914
9.246
30
140
14.256
14.963
15.037
14.507
215
30
11.425
14.713
13.902
16.191
694
2.391
10.044
14.369
9.735
9.785
495
423
484.231
509.711
391.104
396.605
18.586
13.098
33,41
33,88
28,68
28,62
31,97
20,52
63
www.icap.gr
..20 : 20 : 2004

( 000)
..20 Manufacturing: The Top-20 Companies in Leather: 2004

( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
ELITE ....
ELITE S.A.
, . ., ..
FIDAS, D. J., S.A.
..
HELLENIC TANNERIES S.A.
JB ....
JB BOURNAZOS S.A.
. ....
KEM G. MICHAILIDIS S.A.
GMS ..
GMS S.A.
PAXOS A.B.E.E.
PAXOS S.A.
, ., , ....
CHRISTODOULIDIS, P., BROS S.A.
, ., & ..
CHRONAKIS, X., & SONS S.A.
....
MARMARAS S.A.
, ., & ..
VIGLIS, D., & SONS S.A.
..
F. TIME S.A.
, , ....
PLIATSIKAS BROS S.A.
....
VIODERM S.A.
..
VIOGIAN S.A.
, ., , ....
CHIOTIS, M., SONS S.A.
, . ., ....
DANIILIDIS, J. J., S.A.
, ., ..
VERGOULIDES, G., S.A.
, ., , ....
BOURNAZOS, D., BROS S.A.
SANTE ...
SANTE LTD
Total
20
Top-20 share
64
Assets
Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
21.301
25.009
21.935
23.858
1.031
1.037
18.295
18.927
15.077
16.810
170
210
17.527
16.256
14.788
12.102
441
-1.211
9.740
10.566
9.557
10.571
182
455
8.832
9.557
5.337
5.523
456
322
6.495
7.965
2.213
2.381
46
23
8.119
7.343
6.229
5.809
-139
-428
6.356
6.043
5.776
4.342
666
4.337
5.717
285
280
5.151
5.194
4.358
4.003
939
686
3.435
4.745
2.706
3.012
65
78
4.033
4.642
3.290
3.922
428
201
6.651
4.279
588
620
-116
-5
3.362
3.504
593
883
71
-62
3.088
3.477
3.943
4.055
43
-214
2.748
2.838
3.487
3.834
341
564
2.530
2.811
978
1.127
-100
41
2.675
2.736
1.747
1.436
12
14
2.832
2.662
2.051
2.675
49
78
2.282
2.644
4.411
5.288
812
1.136
139.790
146.915
109.066
112.250
5.681
3.211
64,13
65,95
63,60
66,58
90,58
67,07
2006
..21 : 20 : 2004

( 000)
..21 Manufacturing: The Top-20 Companies in Wood: 2004

( 000)
Rank Company
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

..
SHELMAN
SWISS-HELLENIC
WOOD
PRODUCT
MANUFACTURES S.A.
..
BALKAN EXPORT S.A.
..
AKRITAS S.A.
ALFA WOOD ..&..
ALFA WOOD S.A.
PROTECTA ....
PROTECTA S.A.
, . ., ..&..
MOURIKIS, F. A., S.A.
, , ....
KOUNTOURIS BROS S.A.
..
FILOXYL S.A.
...
ABEX TIMBER MFG CO. S.A.
, ., ..
PALLIKARIS, N., S.A.
PURIPLAST HELLAS ..
PURIPLAST HELLAS S.A.
, . ., ..
ROUSSETOS, D. E., S.A.
....
SYLOR S.A.
..
XYLEMPORIKI THESSALONIKIS S.A.
....
INTERNO S.A.
....
TIMBER TRADING CORP. DIMITROPOULOS POLYCHRONOPOULOS S.A.
, ., , ....
KARABELAS, N., BROS S.A.
..
VASSILOPOULOS S.A.
, ., ..
SKOURTIS, EMM., PARQUET FLOORING S.A.
- ...
VIOPLASTIKI - ILIOPOULOS BROS S.A.
Total
20
Top-20 share
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
257.970
267.180
149.311
150.626
429
403
110.204
103.493
19.807
19.491
-587
-3.695
88.079
102.888
27.245
42.162
-1.324
399
31.081
36.746
20.907
23.479
1.368
1.786
26.151
28.488
16.924
20.060
905
1.009
19.919
22.539
21.011
22.377
2.643
2.500
17.778
20.551
18.279
20.083
722
1.204
17.915
19.046
19.080
18.126
1.312
160
17.015
17.278
14.212
14.069
-7
-394
10.242
10.720
5.534
6.656
251
376
11.470
10.485
6.211
5.515
-71
-641
6.872
8.991
5.786
5.449
546
279
7.085
8.756
4.428
5.279
32
35
5.007
7.321
3.329
4.938
142
150
5.692
7.258
2.635
3.732
-17
-1
7.076
7.163
6.555
6.950
324
308
6.323
7.058
6.286
6.547
264
300
5.891
7.044
2.727
3.240
98
-24
4.881
5.688
1.229
1.393
290
38
5.114
5.660
4.384
5.400
285
625
661.762
704.353
355.879
385.572
7.605
4.816
80,64
79,76
76,47
76,08
77,90
55,44
65
www.icap.gr
..22 : 20 : 2004

( 000)
..22 Manufacturing: The Top-20 Companies in Paper: 2004

( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
ATHENS PAPERMILL S.A.
..
MEL MACEDONIAN PAPER MILLS S.A.
....
AGROPACK S.A.
..
THRACE PAPER MILL S.A.
..
VIS CONTAINERS MFG CO. S.A.
....
VIOCHARTIKI PAPERMILL S.A.
....
KOMOTINI PAPER MILL S.A.
SCA PACKAGING HELLAS A.E.
SCA PACKAGING HELLAS S.A.
....
HAITOGLOU HARTEL S.A.
EL-PACK ..
EL-PACK S.A.
..
MEGA DISPOSABLES S.A.
GEORGIA-PACIFIC ....
GEORGIA-PACIFIC HELLAS S.A.
....
EUROCHARTIKI S.A.
PAPERPACK - . ....
PAPERPACK - J. TSOUKARIDIS S.A.
, . ., ..&..
SKAGIAS, TH. C., S.A.
..
FTHIOTIS PAPER MILL S.A.
..
PATRAS PAPER MILLS S.A.
....
SOULIS S.A.
....
MAXI S.A.
. . ..
PACO PAPER INDUSTRY A. VL. KOLIOPOULOS S.A.
Total
20
Top-20 share
66
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
90.139
90.326
67.882
59.131
-3.321
430
61.317
62.761
33.767
37.093
1.199
1.134
56.889
60.701
21.150
19.142
301
367
54.784
53.919
54.233
52.944
204
124
45.110
50.081
26.851
27.381
55
65
34.911
37.108
19.646
20.795
-1.941
-1.475
32.553
36.011
12.892
14.898
60
92
32.504
35.410
41.511
41.848
163
-85
27.148
35.123
19.420
24.459
1.096
489
35.825
34.083
29.411
27.688
507
753
27.067
33.462
40.929
46.515
3.504
3.599
27.254
31.488
35.941
33.817
219
-6.248
24.166
30.147
29.493
29.152
1.444
944
31.780
28.956
15.632
14.609
-609
-690
20.609
23.451
14.165
14.181
1.796
1.182
19.696
22.945
13.481
13.882
-862
-344
23.769
22.607
14.264
13.411
-230
-1.956
18.183
19.585
11.790
13.996
1.019
1.255
20.240
17.813
13.093
15.340
696
413
14.667
16.856
15.366
15.382
911
1.784
698.611
742.832
530.917
535.666
6.210
1.834
69,40
69,46
65,72
64,87
36,44
13,34
2006
..23 : 20 -: 2004

( 000)
..23 Manufacturing: The Top-20 Companies in Publishing-Printing: 2004

( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
LAMBRAKIS PRESS S.A.
IRIS ....
IRIS PRINTING S.A.
..
PEGASUS PUBLISHING S.A.
, , ..
KATHIMERINI S.A.
, . ., ..
TEGOPOULOS, CH. K., EDITIONS S.A.
. ..
INFORM P. LYKOS S.A.
& ..
AUDIO-VISUAL ENTERPRISES S.A.
..
LIBERIS PUBLICATIONS S.A.
MEDIA A..
IMAKO MEDIA S.A.
MODERN TIMES ..
MODERN TIMES S.A.
....
HAIDEMENOS S.A.
..
ATTICA PUBLICATIONS S.A.
..
TYPOEKDOTIKI S.A.
..
NORTHERN GREECE PUBLISHING S.A.
..
NEA SYNORA LIVANIS PUBLISHING ORGANIZATION S.A.
..
TSIMIS S.A.
, ., ..
HATZOPOULOS, A., S.A.
.B.E.E.
ALFA PRESS S.A.
, . & ., ..
SAVVALAS, A. & S., S.A.
EXPRESS PUBLISHING A.E.E.
EXPRESS PUBLISHING S.A.
Total
20
Top-20 share
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
235.810
204.484
123.354
139.735
12.051
8.481
207.723
196.669
112.949
120.762
-2.125
-1.843
143.736
146.401
63.107
69.023
2.071
726
129.824
131.585
51.678
62.238
2.412
6.986
133.313
125.152
91.223
110.448
5.811
6.810
66.185
73.659
43.223
40.718
5.516
6.450
36.678
51.184
31.347
36.025
3.062
4.381
46.166
42.587
43.003
54.716
-445
1.046
39.313
40.150
29.946
32.455
1.333
1.641
29.062
40.005
11.750
17.164
650
779
36.427
36.020
20.143
22.063
115
606
35.532
35.752
17.617
21.275
3.094
2.653
32.799
33.587
23.617
25.494
797
-3.094
30.674
30.248
21.436
24.448
1.055
834
24.803
28.000
9.516
12.413
653
833
22.754
26.833
13.316
15.237
56
18
24.518
26.268
24.865
22.949
508
642
22.670
26.058
8.781
10.453
56
56
12.754
25.088
12.216
13.042
378
425
18.620
23.700
14.800
17.505
1.310
1.331
767.888
868.162
38.355
39.761
43,24
44,13
47,99
46,16
1.329.359 1.343.430
54,05
52,11
67
www.icap.gr
..24 : 20 : 2004

( 000)
..24 Manufacturing: The Top-20 Companies in Oil Refining: 2004

( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
HELLENIC PETROLEUM S.A.
() ..
MOTOR OIL (HELLAS) CORINTH REFINERIES S.A.
CYCLON ..
CYCLON HELLAS S.A.
..
PETROGAZ S.A.
SHELL GAS .....
SHELL GAS S.A.
..
TEXACO GREECE S.A.
....
ELDONS S.A.
..&..
ASPHALTOP S.A.
..
RODOGAZ S.A.
LEON GAS ....
LEON GAS S.A.
....
GREEN OIL S.A.
EUROGAS A.E.
EUROGAS S.A.
....
VIAKEL S.A.
....
YGRAERIA KYKLADON S.A.
CENTURY OILS HELLAS ..&..
CENTURY OILS HELLAS S.A.
, . ., ..
PASSIOURAS, EVANG. K., S.A.
..&..
DELTA OIL HELLAS S.A.
....
VIASPHALT S.A.
..&..
PATRAGAS S.A.
RS200 MOTOR OIL ....
RS200 MOTOR OIL PAPANDONIOU S.A.
Total
20
Top-20 share
68
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
2.591.356
2.729.327
3.734.995
4.529.772
650.952
913.861
1.560.059
1.937.191
95.064
155.414
48.008
51.856
119.317
133.010
447
1.209
39.044
38.134
73.312
76.569
1.388
98
23.951
29.365
49.118
50.796
2.603
3.318
28.734
27.760
29.632
50.881
2.218
869
12.759
12.887
7.683
7.105
230
67
7.776
9.659
7.633
6.645
-66
-212
5.768
6.339
2.616
3.050
-289
-203
5.871
5.831
12.714
10.509
-780
-251
5.475
5.402
2.013
583
28
17
5.103
4.803
3.081
1.713
-235
-359
4.058
4.103
4.314
3.670
-174
-177
1.146
3.530
283
394
-17
-15
2.519
2.820
3.332
3.850
241
91
1.972
2.474
1.007
1.631
14
2.265
2.397
1.539
1.570
-104
-66
2.391
2.291
1.063
785
-229
-267
1.932
2.237
397
532
10
27
1.188
1.823
1.843
2.230
76
61
244.958 183.824
3.442.268 3.856.900 5.615.952 6.822.485 345.372 343.461

99,75
99,78
99,86
99,90
99,93
100,04
2006
..25 : 20 : 2004

( 000)
..25 Manufacturing: The Top-20 Companies in Chemicals: 2004

( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
PHOSPHORIC FERTILISERS INDUSTRY S.A.
..
PFIZER HELLAS S.A.
, ., ..&..
SARANTIS, GR., S.A.
LAVIPHARM ..
LAVIPHARM S.A.
GLAXOSMITHKLINE A....
GLAXOSMITHKLINE S.A.
..
VIANEX S.A.
JANSSEN - CILAG ....
JANSSEN - CILAG PHARMACEUTICAL S.A.
ABBOTT LABORATORIES () ....
ABBOTT LABORATORIES (HELLAS) S.A.
JOHNSON & JOHNSON ..&..
JOHNSON & JOHNSON HELLAS S.A.
, . ., ....
GEROLYMATOS, P. N., S.A.
UNILEVER HELLAS ....
UNILEVER HELLAS S.A.
BOEHRINGER INGELHEIM ..
BOEHRINGER INGELHEIM HELLAS S.A.
NOVARTIS (HELLAS) ....
NOVARTIS (HELLAS) S.A.C.I.
SCHERING-PLOUGH ..
SCHERING-PLOUGH S.A.
DEMO ..&..
DEMO S.A.
VETERIN ....
VETERIN S.A.
PLIAS ..&..
PLIAS S.A.
SANOFI SYNTHELABO ..
SANOFI SYNTHELABO S.A.
V.P.I. ..
V.P.I. S.A.
...
FAMAR S.A.
Total
20
Top-20 share
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
315.195
294.075
193.854
207.952
-2.001
-68.216
173.035
287.015
215.669
371.934
30.972
58.507
275.139
236.826
102.396
106.892
6.201
7.877
235.429
233.384
165.616
71.135
170
10.175
181.092
193.703
228.056
252.957
30.915
36.308
160.851
177.500
211.375
234.230
39.678
40.285
130.017
166.501
179.217
179.878
17.436
17.841
110.956
145.052
100.105
113.031
3.116
3.061
103.236
134.291
130.278
142.515
10.536
12.736
126.868
132.401
106.105
98.539
5.580
2.774
120.690
124.660
275.244
263.527
19.287
23.331
80.090
123.992
136.925
170.462
1.522
5.519
110.378
117.988
223.534
240.434
8.834
5.008
87.447
106.601
85.021
79.018
5.396
310
80.136
102.702
52.260
60.268
459
972
127.041
95.510
49.826
47.948
732
-5.763
86.253
82.906
8.982
11.586
-4.983
-2.926
60.903
74.954
113.607
146.157
1.442
30.710
68.878
69.513
71.585
76.095
1.055
3.266
59.362
65.457
22.870
63.653
646
-1.224
2.692.996 2.965.031 2.672.524

56,58
56,00
56,86
2.938.211 176.994 180.552

57,38
48,72
47,98
69
www.icap.gr
..26 : 20 - : 2004

( 000)
..26 Manufacturing: The Top-20 Companies in Rubber-Plastic Products: 2004

( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
, . ., ..
PETZETAKIS, A. G., S.A.
..
MORNOS S.A.
..&..
PLASTIKA KRITIS S.A.
..
IMAS S.A.
EURODRIP .....
EURODRIP S.A.
..&..
DIAXON S.A.
FIBRAN . ..
FIBRAN D. ANASTASSIADIS S.A.
....
DAIOS PLASTICS S.A.

"HELESI" ....
HELESI S.A.
FLEXOPACK A.E...
FLEXOPACK S.A. PLASTICS INDUSTRY
DOW ....
DOW HELLAS S.A.
, ., ....
PAIRIS, E., S.A.
PALAPLAST ....
PALAPLAST S.A.
- - ....
THRA-PLAST - MEGABAG S.A.
..&..
ARGO S.A.
....
MONOTEZ S.A.
..
PETCOM HELLAS S.A.
STRAPTECH ..
STRAPTECH S.A.
PIPELIFE ..
PIPELIFE HELLAS S.A.
....
METALLOPLASTIKI AGRINIOU S.A.
Total
20
Top-20 share
70
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
189.533
196.637
57.292
69.143
872
1.376
95.115
101.268
63.423
68.247
1.860
1.800
85.170
89.150
63.622
64.026
7.242
5.035
62.705
72.499
61.040
63.799
8.833
9.744
52.282
61.527
16.432
17.780
744
575
63.780
59.796
14.684
14.899
3.256
2.016
41.693
47.789
32.704
38.090
9.018
9.926
23.199
37.868
12.028
12.727
1.210
1.272
32.815
37.585
12.345
20.622
1.508
1.900
29.590
32.137
20.171
23.090
1.112
1.337
27.962
30.750
39.063
44.102
4.869
7.047
24.481
26.696
15.052
13.957
667
504
19.364
23.616
12.588
14.410
1.022
1.080
24.086
23.426
13.492
13.730
875
18.990
21.627
16.195
16.560
814
1.131
17.468
21.350
33.181
37.684
3.251
3.206
18.545
20.363
10.458
11.183
2.361
1.426
22.609
19.862
14.974
13.280
-1.921
-1.563
16.979
18.942
18.558
17.471
-297
-1.458
19.107
18.831
4.401
4.319
13
885.474
961.721
531.704
579.116
47.300
46.373
50,97
50,73
43,91
42,43
57,30
58,75
2006
..27 : 20 : 2004

( 000)
..27 Manufacturing: The Top-20 Companies in Non-Metallic Mineral Products: 2004

( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
TITAN CEMENT CO. S.A.
. .
HERACLES GENERAL CEMENT CO. S.A.
S & B ..
S & B INDUSTRIAL MINERALS S.A.
ALFA ALFA ENERGY A.B.E.E.
ALFA ALFA ENERGY S.A.
..
HALYPS BUILDING MATERIALS S.A.
F.H.L. . ..&..
F.H.L. E. KYRIAKIDIS S.A.
..
INTERBETON CONSTRUCTION MATERIALS S.A.
, ., ..
LAZARIDIS, G., DRAMA MARMOR A.G.
.....
ALPHA BETON S.A.
LAFARGE BETON A.B.E.E.
LAFARGE BETON S.A.
....
BETANET S.A.
JOHNSON ..
PHILKERAM JOHNSON S.A.
DIONYSSOMARBLE ....
DIONYSSOMARBLE - DIONYSSOS PENTELICON COM. & IND.
MARBLE CO. S.A.
..
HATZIGEORGIU S.A.
..
IKTINOS HELLAS S.A.
- - "" ....
VAVOULIOTIS - GOUNARIS - MITAKIS "CHALKIS" S.A.
.. -
PAVLIDIS S.A. MARBLE - GRANITE
F.H.L. MERMEREN KOMBINAT AD
F.H.L. MERMEREN KOMBINAT AD
KNAUF ....
KNAUF GYPSOPIIA A.B.E.E.
, ., & ..&..
ANGELOU, A., & SONS S.A.
Total
20
Top-20 share
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
877.324
857.449
429.685
430.680
155.481 135.161
503.273
541.139
534.746
524.871
116.793 105.276
291.321
292.790
114.488
135.208
16.210
9.461
132.469
138.506
13.687
14.793
962
481
132.997
135.460
80.093
80.388
37.188
31.373
98.009
100.071
26.025
30.097
-578
3.728
71.150
87.062
107.278
140.904
11.449
22.636
67.854
65.519
22.507
19.538
-232
-490
74.739
65.036
53.743
59.665
3.177
185
71.748
64.394
83.216
80.772
-21
251
52.001
54.871
13.621
14.175
4.712
5.311
48.405
51.941
31.343
33.332
1.082
849
46.435
50.983
31.709
33.985
5.265
6.993
47.362
46.834
39.051
40.680
1.520
2.549
32.810
39.005
12.848
16.795
1.423
1.583
35.647
36.380
19.769
19.971
2.170
2.975
36.304
35.860
20.676
22.793
5.906
5.413
30.540
35.127
10.922
11.190
3.721
4.226
32.935
34.585
40.451
45.666
11.969
13.528
29.752
29.782
38.244
37.892
216
272
2.713.076 2.762.795 1.724.103 1.793.394 378.413 351.762

66,63
65,66
58,28
58,71
85,79
87,28
71
www.icap.gr
..28 : 20 : 2004

( 000)
..28 Manufacturing: The Top-20 Companies in Basic Metals: 2004

( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
ELVAL HELLENIC ALUMINIUM INDUSTRY S.A.
....
ALUMINIUM DE GRECE S.A.
..
SIDENOR S.A.
..
HALYVOURGIKI INC.
, . ., ....
MAILLIS, M. J., S.A.
..
HALCOR S.A.
..
CORINTH PIPEWORKS S.A.
..
ALUMIL S.A.
& ..
LARCO GENERAL MINING & METALLURGICAL CO. S.A.
....
HALYVOURGIA THESSALIAS S.A.
..
HELLENIC STEEL CO. S.A.
..
ETEM S.A.
..
SIDMA S.A.
..
EXALCO S.A.
....
ALCO HELLAS S.A.
EUROPA PROFIL ...
EUROPA PROFIL ALUMINIO S.A.
..
HELLINIKI HALYVOURGIA S.A.
..
ALMACO ALUMINIUM OF MACEDONIA S.A.
. ..
PIPE WORKS L. TZIRAKIAN PROFIL S.A.
....
KONTI STEEL HELLAS S.A.
Total
20
Top-20 share
72
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
498.320
499.937
380.333
437.419
5.286
8.127
360.389
498.710
316.649
357.318
17.178
47.486
418.499
475.620
375.032
485.612
23.761
25.004
295.219
396.893
74.020
122.214
1.930
4.144
335.561
355.788
94.916
130.042
-4.427
5.279
238.732
294.598
269.586
343.988
7.223
19.822
281.561
268.161
148.085
180.448
-53.586
-28.227
190.383
231.044
123.821
150.252
8.608
6.967
150.623
182.630
163.039
220.823
-9.914
171
126.539
177.451
118.504
163.123
1.755
2.101
111.836
145.316
145.696
219.072
1.895
1.454
111.098
121.538
67.351
71.653
7.641
5.353
85.077
104.615
96.216
119.144
4.323
13.423
66.788
86.203
54.764
66.347
1.165
3.541
71.043
74.645
23.886
25.902
1.333
1.370
60.245
69.110
62.024
70.588
10.193
11.353
52.194
56.810
101.483
118.738
3.565
1.645
54.291
55.249
35.549
33.012
615
677
43.357
46.237
26.494
31.140
428
4.540
49.977
44.828
52.236
52.348
-524
-2.187
3.601.733 4.185.381 2.729.685 3.399.184 28.448 132.042

86,69
86,56
87,06
87,50
61,98
81,32
2006
..29 : 20 : 2004

( 000)
..29 Manufacturing: The Top-20 Companies in Metal Products: 2004

( 000)
Rank Company
1
2
3
4
5
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
METKA METAL CONSTRUCTIONS OF GREECE S.A.
SOVEL ..
SOVEL S.A.
CROWN HELLAS CAN
..
CROWN HELLAS CAN PACKAGING MFRS S.A.
. ....
METAL INDUSTRY OF ARCADIA CHR. ROKAS S.A.
..
PYRAMIS S.A.
&
..
INTRAMET STEEL & ELECTROMECHANICAL CONSTRUCTIONS
S.A.
SPIDER . & ..
SPIDER METAL INDUSTRIES N. PETSIOS & SONS S.A.
..
ELSA S.A.
, ., ....
KORONAKIS, D., S.A.
- ..
EXEL - MAK METAL S.A.
....
ALUMAN S.A.
DORAL ....
DORAL S.A.
ALUMINCO ..
ALUMINCO S.A.
ELECTROLUX CONSTRUCTION PRODUCTS ....
ELECTROLUX CONSTRUCTION PRODUCTS HELLAS S.A.
MEVACO ....
MEVACO S.A.
..
THEOMIL S.A.
....
VEMEKEP S.A.
...
ERLIKON S.A.
..
NOE METAL STRUCTURES S.A.
..
TEMKA S.A.
Total
20
Top-20 share
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
151.525
196.982
121.398
138.839
16.836
20.362
181.367
172.571
186.947
248.966
1.146
24.184
169.968
164.824
124.888
144.469
8.427
12.382
96.404
94.565
21.452
13.026
4.317
7.771
57.234
65.800
33.758
38.812
362
549
40.349
50.619
35.648
31.743
4.021
2.758
42.549
49.074
22.129
28.281
399
1.064
42.130
45.413
30.028
37.703
-1.577
356
25.227
30.578
17.964
18.228
3.390
4.451
28.382
29.823
12.067
12.602
43
54
26.730
28.455
20.676
23.896
15
84
25.076
26.195
16.043
17.563
639
148
18.965
25.408
13.862
17.711
741
1.634
24.355
24.578
23.973
21.972
-337
267
20.722
24.473
7.587
11.561
838
1.612
19.739
23.464
6.296
4.986
160
-24
18.771
22.235
12.945
16.410
2.171
2.453
20.077
20.329
19.599
26.054
-722
1.911
15.920
20.317
19.924
17.583
3.024
2.836
15.492
20.310
9.049
9.884
186
202
756.234
880.289
44.080
85.055
45,93
46,60
46,28
56,66
1.040.981 1.136.014
48,37
47,07
73
www.icap.gr
..30 : 20 -: 2004

( 000)
..30 Manufacturing: The Top-20 Companies in Machinery, Equipment: 2004

( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
FRIGOGLASS ....
FRIGOGLASS S.A.I.C.
BSH ...
BSH IKIAKES SYSKEVES S.A.
....
KLEEMANN HELLAS S.A.
, . ., ....
KAZIS, EMM. N., S.A.
PROJECT ..
DELTA PROJECT S.A.
ELCO - ..
ELCO - VAYONIS S.A.
....
VETA S.A.
....
INTERKLIMA S.A.
, ., ...
SCLAVOS, S., S.A.
... ..&..
R.S.I. RESTAURANT SUPPLIES INTL S.A.
..
KLIMATECHNIKI S.A.
MINOS ....
MINOS MACEDONIAN METALLURGY S.A.
..
SABO HELLAS S.A.
....
DOPPLER S.A.
MORRIS ..
MORRIS S.A.
....
CARAD S.A.
....
SOUKOS ROBOTS S.A.
..
STIBETHERM S.A.
OLYMPIA ELECTRONICS ..
OLYMPIA ELECTRONICS S.A.
....
METPLAST S.A.
Total
20
Top-20 share
74
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
161.856
175.057
46.079
49.745
7.179
8.752
160.815
168.824
269.565
284.348
31.659
26.000
66.584
77.389
56.170
62.638
6.930
8.770
43.741
44.506
14.520
15.408
71
74
17.666
27.923
10.381
11.657
2.249
2.323
26.326
27.278
18.567
18.423
1.727
676
26.994
27.268
12.231
18.858
208
851
20.717
21.138
11.523
12.516
26
53
19.228
20.399
13.483
15.142
45
299
12.294
18.901
7.091
8.119
237
87
16.956
17.907
15.603
16.030
651
309
15.647
16.428
8.987
9.605
-424
351
12.213
15.808
11.049
12.569
721
960
8.344
12.564
6.698
9.497
684
1.029
13.038
11.675
6.044
4.146
70
-280
11.080
11.406
6.120
6.421
-25
9.543
10.683
2.927
2.485
29
30
10.048
9.840
5.682
5.050
285
77
7.459
9.634
7.501
8.260
771
178
8.405
9.572
10.179
12.499
1.309
2.278
668.953
734.199
540.398
583.418
54.430
52.793
59,96
59,87
63,26
62,25
78,14
73,30
2006
..31 : 7 -/: 2004

( 000)
..31 Manufacturing: The Top-7 Companies in Office Machinery, Computers: 2004

( 000)
Rank Company
1
2
3
4
5
6
7
..
CRYPTO INFORMATICS S.A.
WHITERAVEN ..
WHITERAVEN S.A.
....
TECHNOTRADE S.A.
IMAGE COMPUTERS ..
KOSTOPOULOS IMAGE COMPUTERS S.A.
..
TECHNECO HELLAS S.A.
....
MICROCAT S.A.
SEINTEC ..&..
SEINTEC S.A.
Total
7
Top-7 share
Assets
Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
1.946
2.922
3.541
4.097
249
204
2.548
2.509
41
54
-485
-348
1.085
1.123
1.266
910
35
53
951
792
784
880
-18
23
658
730
1.101
1.489
129
61
694
494
991
249
15
63
47
-20
-16
7.946
8.616
7.723
7.679
-108
-7
100,00
100,00
100,00
100,00
100,00
100,00
75
www.icap.gr
..32 : 20 : 2004

( 000)
..32 Manufacturing: The Top-20 Companies in Electrical Machinery: 2004

( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
HELLENIC CABLES S.A.
FULGOR ..
FULGOR GREEK ELECTRIC CABLES S.A.
NEXANS ...
NEXANS HELLAS S.A.
ABB ..
ABB S.A.
.....
GENERAL CABLES ORFANIDIS BROS S.A.
AREVA HELLAS ..
AREVA HELLAS S.A.
..
SCHNEIDER ELECTRIC A.E.
..
RAYCAP S.A.
PILUX & DANPEX ..
PILUX & DANPEX S.A.
..
EVIOP TEMPO S.A.
..
BRIGHT SPECIAL LIGHTING S.A.
..
KALODIA XANTHIS S.A.
..
TELECABLES S.A.
....
GENERAL ELECTROTECHNIC CO. LTD
.. ....
IL.VIO.KAT S.A.
. . ..
L. G. DIAFIMISTIKI KATASKEVASTIKI S.A.
- "COURBI" ..
COUROUPIS - BINIARIS "COURBI" S.A.
, ., "" ....
KARACHALIOS, CH., "VIOKAR" S.A.
UCCELO ..
UCCELO S.A.
...
UNIVEL LTD
Total
20
Top-20 share
76
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
139.265
147.965
99.998
129.847
-663
-986
105.264
111.866
109.795
127.101
374
450
52.352
55.088
72.717
76.945
859
23
47.706
43.444
43.348
57.748
2.657
4.941
41.499
41.378
23.598
32.015
749
761
29.100
30.283
29.771
38.433
15
2.092
19.999
22.995
35.113
36.873
3.592
2.777
21.300
21.573
25.214
21.519
4.585
2.550
21.266
21.376
12.186
12.648
830
762
19.631
17.707
18.676
23.106
-1.343
-991
13.971
17.523
11.896
13.670
3.642
2.952
14.010
16.289
9.920
11.513
786
960
17.381
15.788
8.115
6.811
485
-61
10.546
10.648
7.515
5.864
538
315
11.072
9.662
9.255
7.792
2.949
989
7.983
8.635
13.103
3.685
-383
31
7.035
8.361
5.292
6.148
550
86
6.353
6.467
3.944
3.257
303
330
5.426
6.346
3.337
3.780
55
51
5.019
6.101
7.936
10.735
1.106
1.395
596.180
619.495
550.730
629.489
21.688
19.427
75,33
75,04
75,88
77,53
55,38
57,76
2006
..33 : 20 ,
: 2004

( 000)
..33 Manufacturing: The Top-20 Companies in Radio, Television and Communication Equipment: 2004
( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
INTRACOM ..
INTRACOM S.A.
..
SIEMENS TELE INDUSTRIE S.A.
..
ANCO S.A.
..
MICRELEC S.A.
ARCADIA TECNOLOGIES ..&..
ARCADIA TECHNOLOGIES S.A.
"ACT" ..
APPLIED CREATIVE TECHNOLOGIES "ACT" S.A.
....
ELVITYL S.A.
COMET .....
COMET S.A.
, ., ..
FILIS, AR., S.A.
....
EUROPEAN AEROSPACES TECHNOLOGIES S.A.
MILTECH ..
MILTECH HELLAS S.A.
..
MATEL MATTHEOU BROS S.A.
CENTRAL ....
CENTRAL S.A.
..&B.E.
HELLENIC SMART CARD CORPORATION S.A.
...
UPTEK S.A.
, ., ..&..
KIPRIOTIS, EM., S.A.
..&..
ELECTRON S.A.
..
AKMON S.A.
OPT HELLAS ....
OPT HELLAS S.A.
AUDIO BRAIN ..
AUDIO BRAIN S.A.
Total
20
Top-20 share
Assets
Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
1.334.064
1.194.372
494.019
478.017
42.973
36.113
103.938
96.539
125.159
76.991
21.201
17.544
20.541
19.301
27.830
24.792
1.093
697
16.214
17.550
12.153
7.657
1.991
233
13.781
16.085
1.644
1.200
-1.480
-3.049
9.029
7.625
2.693
-477
-12
4.192
5.726
2.446
3.150
94
105
3.839
5.652
5.155
7.241
276
148
5.548
5.321
747
1.830
-671
191
5.070
4.728
210
252
5.134
4.687
5.527
7.515
830
1.179
3.479
4.534
2.504
2.762
181
202
4.263
4.419
5.936
5.027
831
853
4.812
4.134
7.056
8.896
193
2.218
4.078
1.172
623
140
62
4.422
3.006
2.258
1.292
450
251
2.343
2.777
2.456
3.129
46
472
1.624
2.155
4.665
2.780
266
254
1.969
1.856
1.582
1.658
12
93
1.767
1.835
2.697
2.555
97
103
705.216
640.061
67.862
55.641
99,43
99,25
100,43
100,14
1.548.245 1.406.379
99,58
99,54
77
www.icap.gr
..34 : 20 : 2004

( 000)
..34 Manufacturing: The Top-20 Companies in Precision Instruments: 2004

( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
LANDIS+GYR ..
LANDIS+GYR S.A.
.. &
ZENON S.A. ROBOTICS & INFORMATICS
....
THEON SENSORS S.A.
.... ..
EL.VIO.N.Y. S.A.
, . ., ....
BAIRAMOGLOU, S. A., S.A.
OPTOYA ...&..
OPTOYA NEW VISION S.A.
SADENT ....
SADENT S.A.
UNION OPTIC ....
UNION OPTIC S.A.
..
KARAMOUZIS HELLENIC OPTICAL S.A.
HOSPITALIA INTERNATIONAL HELLAS ..
HOSPITALIA INTERNATIONAL HELLAS S.A.
....
ORTHODYNAMIC S.A.
, ., ....
SAMARAS, G., S.A.
....
KOURTALIS OPTICALS S.A.
, . ., "" ..
KATSANOS, ANT. TH., "EMEV" S.A.
, ., ....
KYRITSIS, L., S.A.
..
ANATOMIC HELP S.A.
....
UTECO S.A.
NEODENT ....
NEODENT S.A.
MICREL ..
MICREL MEDICAL DEVICES S.A.
JES . "" ..
JES J. SIPSIS S.A.
Total
20
Top-20 share
78
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
30.028
35.922
73.792
72.336
6.173
5.562
23.475
28.278
9.152
10.098
1.810
133
18.392
20.176
12.151
10.288
322
294
9.049
8.737
5.140
2.473
-733
-1.503
5.149
6.617
7.616
8.976
700
816
4.507
5.310
2.079
1.977
396
115
4.635
5.243
5.128
5.160
839
418
2.959
4.218
4.442
5.047
784
1.191
3.772
4.191
1.253
1.232
37
21
3.952
3.933
1.023
315
-21
-118
1.499
3.400
2.228
2.405
308
307
2.343
2.697
1.788
2.057
279
523
2.532
2.623
1.681
1.808
315
344
2.476
2.602
423
352
57
20
2.602
2.557
2.072
2.280
96
229
2.523
2.506
1.557
1.421
178
126
2.170
2.273
3.528
3.571
191
31
1.805
2.228
1.736
2.237
60
165
1.346
2.059
907
1.080
-81
-179
2.011
1.950
2.635
2.656
551
493
127.224
147.519
140.332
137.768
12.262
8.988
88,23
88,30
93,20
90,15
89,25
86,82
2006
..35 : 20 : 2004

( 000)
..35 Manufacturing: The Top-20 Companies in Vehicles: 2004

( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
".." ...
HELLENIC VEHICLE INDUSTRY "ELBO" S.A.
, , ....
SARACAKIS BROS S.A.
, ., ....
KIOLEIDES, NIK., S.A.
, ., ..&..
PETROPOULOS, P., S.A.
.....
PERIVALLONTIKI S.A.
, ., ..
KAOUSSIS, A., S.A.
"HDVS" ..
SYSTIMATA AMYNTIKON OCHIMATON HELLAS "HDVS" S.A.
- DEMAN ...
PAPAKONSTANTINOU - DEMAN LTD
, . ., ..
KONIDIS, P. D., S.A.
GRANTEX ..
GRANTEX S.A.
, , ..
SEFERIADIS BROS S.A.
..
SIELMAN S.A.
..
TEMAX S.A.
, ., ....
MANTOS, Z., S.A.
JET ENGINEERING ..
JET ENGINEERING S.A.
, ., ....
DASTERIDIS, N., S.A.
..
HEFAESTOS STEFANOU S.A.
STATHIS - . & ....
STATHIS - TH. DOUNAS & CO. S.A.
....
INTERKAT S.A.
BEDA ....
BEDA S.A.
Total
20
Top-20 share
Assets
Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
216.143
191.596
175.428
178.728
21.904
10.346
133.120
133.431
135.687
144.348
1.038
3.139
55.088
55.871
30.794
48.356
2.748
1.854
46.416
55.254
64.554
82.367
4.447
5.811
19.713
27.814
10.495
37.101
1.029
2.064
15.395
19.986
14.436
27.412
1.560
2.516
6.777
9.963
496
10.449
8.412
7.997
5.189
613
756
6.010
7.550
4.222
5.772
118
389
6.288
6.527
5.204
5.691
695
845
5.544
5.680
1.374
1.553
21
-215
4.731
5.369
2.521
2.580
129
185
2.626
5.193
3.208
3.356
349
684
2.052
4.863
1.379
7.467
61
499
5.142
4.562
2.659
3.426
-61
31
4.092
4.246
2.637
2.919
409
304
3.598
4.242
2.350
3.123
162
256
2.415
3.611
4.106
4.377
196
277
2.988
3.284
2.401
2.073
70
62
2.761
3.031
2.079
2.030
21
21
551.348
560.484
473.530
568.367
35.510
29.828
97,35
97,25
97,49
97,87
100,60
99,83
79
www.icap.gr
..36 : 20 : 2004

( 000)
..36 Manufacturing: The Top-20 Companies in Other Transport Equipment: 2004

( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
HELLENIC AEROSPACE INDUSTRY S.A.
..
HELLENIC SHIPYARDS S.A.
&
..
ELEFSIS SHIPBUILDING & INDUSTRIAL ENTERPRISES S.A.
LAMDA SHIPYARDS & MARINE SERVICES ..
LAMDA SHIPYARDS & MARINE SERVICES S.A.
OLYMPIC MARINE ..
OLYMPIC MARINE S.A.
, ., ..
MANIATOPOULOS, N., S.A.
MOTOMARINE ..
MOTOMARINE S.A.
OCEAN YACHTS ..
OCEAN YACHTS S.A.
...
DECON S.A.
.....
ELLINIKES GRAMMES S.A.
..
SHIPYARDS OF HALKIDA S.A.
..
PERAMA HELLENIC SHIPYARDS S.A.
..
ILIAS SHIPYARDS S.A.
..
NAFTILOS SHIPYARDS S.A.
..
GENERAL SHIPPING S.A.
FIELD ..
FIELD S.A.
DRAGO BOATS ..
DRAGO BOATS S.A.
, ., TURBOMED ....
PARASKEVOPOULOS, J., TURBOMED S.A.
....
KYMI S.A.
....
PLANACO S.A.
Total
20
Top-20 share
80
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
1.495.083
1.638.908
236.135
205.762
672
-9.809
475.249
515.467
111.620
130.082
-1.182
-44.865
211.483
203.848
159.147
135.942
-10.943
-8.631
24.701
30.162
17.529
26.311
-277
-1.425
25.235
27.179
5.962
4.160
-393
-13
19.116
26.682
22.435
21.094
2.269
2.013
17.120
14.322
5.160
6.853
107
-3.671
9.483
9.512
2.447
3.396
155
90
7.246
7.672
10.388
10.190
193
253
7.935
6.644
2.640
1.371
-124
-42
5.535
6.642
6.873
8.257
32
54
6.006
6.120
562
596
87
4.344
4.945
93
-51
1.915
3.723
819
618
-259
-328
4.334
3.380
6.545
2.590
1.377
-87
2.948
3.375
3.932
5.343
156
176
2.851
3.342
3.539
4.269
108
2.327
3.040
2.482
2.499
181
61
2.103
2.949
2.236
2.306
420
446
2.841
2.755
895
722
30
27
601.440
572.361
94,36
93,90
2.327.854 2.520.667
98,47
98,49
-7.522 -65.658
147,24
103,48
2006
..37 : 20 : 2004

( 000)
..37 Manufacturing: The Top-20 Companies in Furniture and Other Products: 2004
( 000)
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
FOLLI - FOLLIE ..&..

FOLLI - FOLLIE S.A.
BIC ..
BIC VIOLEX S.A.
INTERSONIC ADVANCED TECHNOLOGIES ..
INTERSONIC ADVANCED TECHNOLOGIES S.A.
SATO ..
SATO OFFICE FURNITURE MFRS S.A.
NEOSET ....
NEOSET S.A.
.....
DROMEAS PAPAPANAGIOTOU S.A.
....
ATHENIAN MATTRESS INDUSTRY S.A.
SEPTONA ....
SEPTONA S.A.
BIOMHXANIA ..
ACHAIKI VIOMICHANIA YPSILIS TECHNOLOGIAS S.A.
.... ....
G.E.K.E. S.A.
..... ..
VARANGIS A.V.E.P.E. S.A.
, ., - ....
LALAOUNIS, IL., - GREEK GOLD S.A.
....
PLASTONA S.A.
..
SILVESTRIDIS S.A.
FA.CA. DORO S.A.
FA.CA. DORO S.A.
..
EXPOSYSTEM S.A.
. ....
ODOSSIMANSI C. CHRONIS S.A.
, .,"AVELON" A.E.B.E.
XINTAVELONI, C., "AVELON" S.A.
..
PRAXITELIS S.A.

..
INTERFORM 3D MARKETING TECHNOLOGIES S.A.
Total
20
Top-20 share
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
224.050
236.048
35.681
35.786
10.012
13.027
123.363
135.078
96.755
102.394
14.254
7.185
94.540
93.547
7.147
11.994
-2.110
-2.981
65.686
71.397
37.148
49.253
1.199
2.339
53.800
56.867
69.474
73.809
-5.996
4.015
44.510
49.211
11.273
22.494
510
3.878
12.196
18.610
14.906
20.067
1.183
1.719
15.029
17.082
12.461
15.792
533
1.484
12.695
14.727
115
771
-1.072
121
12.984
12.537
3.826
3.760
84
90
11.415
11.958
8.443
10.534
428
222
11.368
11.690
6.515
6.944
441
700
8.439
10.449
8.257
8.891
724
845
9.074
9.806
6.909
4.947
838
21
8.716
8.849
1.984
2.337
45
7.470
8.775
8.811
9.588
1.495
671
7.999
8.417
8.655
7.300
1.625
1.044
7.238
8.287
7.334
6.657
-528
-483
6.982
7.696
5.577
5.714
1.154
1.496
5.246
7.680
6.884
11.632
1.359
1.549
742.800
798.710
358.156
410.664
26.136
36.987
61,47
60,47
50,37
50,76
58,68
56,82
81
www.icap.gr
..38 : 6 : 2004

( 000)
..38 Manufacturing: The Top-6 Companies in Recycling: 2004

( 000)
Rank Company
1
2
3
4
5
6
..
POLYECO S.A.
..
AEIFOROS S.A.
EUROMAN RECYCLE ..
EUROMAN RECYCLE S.A.
..
IPEIROKINISSI S.A.
..&..
ACTIVE S.A.
....
KARAMBAS S.A.
Total
6
Top-6 share
82
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
6.051
6.495
2.484
3.793
203
1.151
2.001
3.238
2.519
4.214
1.385
1.760
1.824
3.148
2.277
3.252
110
58
469
977
359
465
22
-6
868
909
319
321
-47
22
531
777
193
492
-14
21
11.743
15.545
8.151
12.538
1.658
3.006
100,00
100,00
100,00
100,00
100,00
100,00
2006
.V
SECTION .IV
,
ELECTRICITY, GAS AND WATER SUPPLY
/ Code
/
Companies
77
,
,
Electricity, gas, steam and hot water
supply
40
73
,
Collection, purification and distribution of
water
41
/ Sectors
Electricity,
supply
gas
and
water
,

83
www.icap.gr
B.IV.1 , : I: 2003-2004
( 000)
B.IV.1 Electricity, Gas and Water Supply: Consolidated Balance Sheets: 2003-2004
( 000)
/ Magnitude
2003
2004
14.889.543
15.910.140
6,85
12.566.054
13.474.186
7,23
/ Participations
395.130
391.729
-0,86
/ Current assets
/ Assets
/ Net fixed assets
2.323.489
2.435.955
4,84
/ Inventories
672.456
724.806
7,78
/ Receivables
1.237.980
1.394.127
12,61
/ Securities
65.445
54.313
-17,01
413.053
317.021
-23,25
14.889.543
15.910.140
6,85
12,15
/ Cash
/ Equity
7.805.929
8.754.446
3.166.835
3.181.186
0,45
/ Reserves
4.508.935
5.437.756
20,60
784.353
797.038
1,62
/ Liabilities
6.299.261
6.358.656
0,94
/ Long-term
3.919.727
3.964.098
1,13
/ Short-term
2.379.534
2.394.558
0,63
77
77
0,00
/ Companies
: 2004
( )
Assets
. , .
Electricity, Gas and Water Supply
8,6%

Other Sectors
91,4%
84

Equity
. , .
11,2%

Other Sectors
88,8%
Liabilities
. , .
6,2%

Other Sectors
93,8%
2006
B.IV.2 , :
: 2003-2004
( 000)
B.IV.2 Electricity, Gas and Water Supply: Consolidated Income Statements: 2003-2004
( 000)
/ Magnitude
2003
2004
5.081.143
5.410.535
6,48
1.121.673
1.222.245
8,97
666.434
729.032
9,39
210.837
200.645
-4,83
/ Operating income
426.549
486.740
14,11
-3.101
-43.206
851.328
886.299
4,11
419.020
439.408
4,87
/ Income tax
193.719
189.879
-1,98
/ Dividends
185.994
221.639
19,16
77
77
0,00
/ Turnover
/ Gross profits
/ Depreciation
/ Pre-tax profits
/ Companies
: 2004
( )


Turnover
. , .
3,7%

Other Sectors
96,3%

Gross Profits
. , .
4,1%

Other Sectors
95,9%
Dividends
. , .
5,4%

Other Sectors
94,6%
85
www.icap.gr
B.IV.3 , : : 2003-2004
B.IV.3 Electricity, Gas and Water Supply: Financial Ratios: 2003-2004
/ Indices
2003
2004
84,40
84,69
0,81
0,73
0,42
0,40
2,99
3,19
0,34
0,35
63
61
58
61
61
67
0,98
1,00
0,69
0,70
0,21
0,18
22,08
22,59
8,39
9,00
8,25
8,12
5,42
5,31
4,23
4,16
392
463
158
36
13
77
77

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
86
2006
B.IV.4 , : I: 20041

( 000)
B.IV.4 Electricity, Gas and Water Supply: Consolidated Balance Sheet: 20041
( 000)
/ Employees
/ Magnitude
10-49
50-249
250+
509.408
202.837
348.278
14.720.505
/ Net fixed assets
461.939
137.862
183.448
12.583.798
/ Participations
161.503
5.040
3.272
219.317
/ Current assets
/ Assets
47.469
64.975
164.830
2.136.708
/ Inventories
1.616
1.090
1.890
719.143
/ Receivables
28.476
20.178
24.162
1.309.215
425
2.252
1.500
50.137
/ Securities
/ Cash
17.378
43.706
138.778
108.350
509.408
202.837
348.278
14.720.505
404.836
167.334
321.121
7.802.494
212.702
131.128
314.121
2.486.318
/ Reserves
214.986
35.648
8.704
5.152.722
1.730
292
582
793.135

/ Equity
/ Liabilities
102.841
35.210
26.575
6.124.876
/ Long-term
45.407
15.206
1.871
3.860.015
/ Short-term
57.434
20.004
24.704
2.264.861
/ Employees
97
114
400
33.468
/ Companies
33
1
1
2004
, : 2004
Shares in Electricity, Gas and Water Supply Totals: 2004
Assets
<=9
3,2%

Equity
10-49
1,3% 50-249
<=9
4,7%
2,2%
250+
93,3%
250+
89,7%
Liabilities
10-49
1,9%
50-249
3,7%
<=9
1,6%
10-49
0,6%
50-249
0,4%
250+
97,4%
87
www.icap.gr
B.IV.5 , :
: 20041

( 000)
B.IV.5 Electricity, Gas and Water Supply: Consolidated Income Statement: 20041
( 000)
/ Employees
/ Magnitude
10-49
50-249
250+
36.123
36.083
370.443
4.948.773
/ Gross profits
7.132
6.914
21.328
1.184.188
6.800
3.985
23.889
692.602
4.863
2.622
138
191.687
/ Operating income
-2.854
1.288
1.699
486.850
-619
5.927
467
-50.299
/ Depreciation
24.853
17.290
9.118
829.390
/ Pre-tax profits
-7.480
7.145
2.166
436.551
/ Income tax
1.470
2.440
472
184.904
/ Dividends
2.826
263
117
218.094
/ Employees
97
114
400
33.468
/ Companies
33
/ Turnover
2004
1
, : 2004

Turnover
<=9
0,7%
250+
91,7%
88
10-49
0,7%

Gross Profits
<=9
0,6%
50-249
6,9%
250+
97,1%
10-49
0,6%
Dividends
50-249
1,7%
<=9
1,3%
250+
98,5%
10-49
0,1%
50-249
0,1%
2006
B.IV.6 , : : 20041

B.IV.6 Electricity, Gas and Water Supply: Financial Ratios: 20041
/ Indices
/ Employees
9
10-49
50-249
250+
90,68
67,97
52,67
85,48
0,25
0,21
0,08
0,78
0,20
0,17
0,08
0,42
3,73
16,68
3,28
0,07
0,17
1,08
0,35
21
13
67
207
167
18
62
191
43
17
70
0,89
3,14
7,10
0,92
0,86
3,09
7,02
0,61
0,34
2,26
6,17
0,09
19,74
19,16
5,76
23,93
-7,90
3,57
0,46
9,84
-20,71
19,80
0,58
8,82
-1,84
4,32
0,68
5,95
-0,52
4,68
0,67
4,41
4.762
1.209
459
376
5.252
1.779
871
440
372
317
926
148
74
61
53
35
-77
63
13
33

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
1
1
2004
89
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B.IV.7 , :
: 2004
( 000)
B.IV.7 Electricity, Gas and Water Supply: The Basic Magnitudes of Companies Reporting Profits and
Losses: 2004
( 000)
Reporting Profits
Magnitude
Reporting Losses
15.094.484
815.657
Assets

12.783.762
690.424
Net fixed assets
2.310.722
125.233
Current assets

8.066.271
688.175
Equity
6.233.920
124.736
Liabilities

5.363.359
47.177
Turnover

1.226.640
-4.396
Gross profits

510.066
-23.326
Operating income

469.026
-29.618
Pre-tax profits
53
24
Companies
, : 2004
Assets
Liabilities
Reporting Profits
98,0%
Reporting Profits
94,9%
Reporting Losses
5,1%
90

Turnover
Reporting Profits
99,1%
Reporting Losses
2,0%
Reporting Losses
0,9%
2006
B.IV.8 , : 20
2003 2004
2004
(000)
B.IV.8 Electricity, Gas and Water Supply: The Top-20 Companies Reporting Profits in 2003 and 2004
( 000)
Rank /Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
PUBLIC POWER CORPORATION S.A.
& () ..
WATER SUPPLY & SEWERAGE SYSTEMS CO. OF ATHENS (EYDAP) S.A.
..
EYATH S.A.
....
ROKAS AEOLIKI S.A.
() ..
PUBLIC GAS CORPORATION OF GREECE (DEPA) S.A.
..&..
ROKAS AEOLIKI EVIA S.A.
..&E.E.
ROKAS AEOLIKI ZARAKES S.A.
..
KRYA WIND FARMS S.A.
..
ACHLADI WIND FARMS S.A.
..
EKALI S.A.
ENERGI E2 ..
ENERGI E2 AIOLIKI S.A.
..
ANEMOESSA WIND FARMS S.A.
..
H.T.S.O. S.A.
..
AEOLIAN PARKS OF CRETE S.A.
- ..&..
DEI RENEWABLE - ROKAS S.A.
..
ROKAS AIOLIKI KRITI S.A.
..
LAKMOS ENERGEIAKI S.A.
..
AIOLIKI ANTISSAS S.A.
... ..
KERKINIS Y.H.S. S.A.
..
MELKA ENERGEIAKI ALFA S.A.
Total
(%)
Pre-tax profits

Turnover
Assets
2003
2004
2004
2004
360.678
405.181
4.108.974
11.277.045
62.050
28.797
326.850
1.417.946
11.090
14.599
60.325
115.864
3.859
3.558
9.527
48.263
1.487
2.184
426.412
1.579.462
1.638
1.623
6.513
30.546
1.681
1.550
3.873
19.688
1.695
1.250
2.437
9.880
1.278
942
2.145
9.848
510
621
8.569
13.576
366
603
1.645
16.753
339
554
1.187
5.585
375
540
339.135
18.516
124
483
41
919
709
474
1.431
9.209
383
781
3.765
191
297
429
2.100
28
288
861
5.050
282
653
4.783
275
2.865
2.304
448.108
464.483
5.304.655
14.591.100
99,42
99,03
98,91
96,67
91
www.icap.gr
B.IV.9 , : 15
2003 2004
2004
( 000)
B.IV.9 Electricity, Gas and Water Supply: The Top-15 Companies Reporting Losses in 2003 and 2004
( 000)
Rank /Company
Losses
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
..
ATTIKI GAS SUPPLY CO. S.A.
... ..
ATTIKI GAS DISTRIBUTION CO. S.A.
- ...&..
MELTEMI - KASTRI S.A.
..
YDOR KATASKEVASTIKI S.A.
..
MYIS KASTANIOTIKO S.A.
..
DEH ANANEOSSIMON S.A.
..
DIETHNIS AIOLIKI THRAKIS S.A.
..
YDROENERGEIAKI S.A.
WRE ..
WRE HELLAS S.A.
..
PERIFEREIAKI S.A.
..
YDROILEKTRIKI EVRITANIAS S.A.
& - ..
H.E. & D. RENEWABLES S.A.
..
EVROENERGEIAKI S.A.
..
DOMIKI ENERGEIAKI S.A.
CNI - ....
CNI ENERGY CONSULTING S.A.
Total
(%)
92

Turnover
Assets
2003
2004
2004
2004
-9.989
-14.209
26.212
330.188
-13.889
-10.962
301.317
-507
-503
319
5.856
-175
-422
425
8.614
-72
-304
25
4.131
-321
-219
10
2.281
-1.535
-217
3.873
39.342
-119
-203
271
4.196
-154
-132
935
12.072
-9
-99
40
1.066
-190
-44
315
2.160
-30
-37
80
-35
-32
184
3.566
-7
-6
228
-16
-2
32
-27.046
-27.390
32.611
715.129
85,27
92,48
69,12
87,68
2006
B.IV.10 , : 20
: 2004

( 000)
B.IV.10 Electricity, Gas and Water Supply: The Top-20 Companies: 2004
( 000)

Rank Company
Assets
2003
1
2
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
PUBLIC POWER CORPORATION S.A.
() ..
PUBLIC GAS CORPORATION OF GREECE (DEPA) S.A.
&
() ..
WATER SUPPLY & SEWERAGE SYSTEMS CO. OF ATHENS
(EYDAP) S.A.
..
ATTIKI GAS SUPPLY CO. S.A.
... ..
THESSALONIKI GAS SUPPLY CO. S.A.
... ..
ATTIKI GAS DISTRIBUTION CO. S.A.
..
EYATH S.A.
... ..
THESSALIA GAS SUPPLY CO. S.A.
....
ROKAS AEOLIKI S.A.
....
ROKAS AIOLIKI THRAKI II S.A.
..
DIETHNIS AIOLIKI THRAKIS S.A.
..
AIOLIKA PARKA THRAKIS S.A.
..&..
ROKAS AEOLIKI EVIA S.A.
..&E.E.
ROKAS AEOLIKI ZARAKES S.A.
..
H.T.S.O. S.A.
....
ROKAS AIOLIKI THRAKI S.A.
ENERGI E2 ..
ENERGI E2 AIOLIKI S.A.
ENERGI
2
...
ENERGI E2 AIOLIKA PARKA KARYSTIAS SOLE
SHAREHOLDER CO. LTD
..
EKALI S.A.
WRE ..
WRE HELLAS S.A.
Total
20
Top-20 share
10.521.393
Turnover
2004
2003
2004
Pre-tax profits
2003
2004
11.277.045 3.882.181 4.108.974 360.678 405.181
1.576.646
1.579.462
402.350
426.412
1.487
2.184
1.207.420
1.417.946
329.852
326.850
62.050
28.797
342.769
330.188
20.650
26.212
-9.989
-14.209
314.163
316.186
14.746
22.738
-1.273
1.006
293.891
301.317
102.399
115.864
51.080
60.325
11.090
14.599
80.337
88.855
7.919
13.244
-1.082
781
55.097
48.263
10.466
9.527
3.859
3.558
13.685
47.774
702
-262
26.959
39.342
2.696
3.873
-1.535
-217
39.220
35.888
3.762
5.700
-1.402
616
37.262
30.546
6.791
6.513
1.638
1.623
25.218
19.688
3.920
3.873
1.681
1.550
14.224
18.516
305.173
339.135
375
540
18.180
17.382
1.771
5.749
84
-999
19.797
16.753
1.629
1.645
366
603
16.383
14.993
1.539
1.338
441
12.308
13.576
7.614
8.569
510
621
18.219
12.072
768
935
-154
-132
-13.889 -10.962
14.735.569 15.741.655 5.054.908 5.372.317 414.933 434.879

98,97
98,94
99,48
99,29
99,02
98,97
93
www.icap.gr
B.V
SECTION B.V
CONSTRUCTION
/ Code
/
Companies
Construction
1.312
Construction
45
1.312
/ Sectors
Construction
Construction
94
2006
B.V.1 : I: 2003-2004
( 000)
B.V.1 Construction: Consolidated Balance Sheets: 2003-2004

( 000)
/ Magnitude
2003
2004
8.942.851
9.610.389
7,46
/ Net fixed assets
3.202.449
3.321.337
3,71
/ Participations
1.078.446
1.131.793
4,95
/ Current assets
5.740.402
6.289.052
9,56
/ Inventories
1.190.376
1.359.626
14,22
/ Receivables
3.860.926
4.248.141
10,03
/ Securities
169.586
193.001
13,81
/ Cash
689.100
681.285
-1,13
8.942.851
9.610.389
7,46
/ Assets
/ Equity
4.798.072
5.039.361
5,03
2.348.934
2.455.687
4,54
/ Reserves
2.348.494
2.427.751
3,37
42.439
47.146
11,09
/ Liabilities
4.102.339
4.523.882
10,28
/ Long-term
501.524
661.459
31,89
/ Short-term
3.600.815
3.862.424
7,27
1.312
1.312
0,00
/ Companies
: 2004
( )
Assets

Equity
Construction
5,2%

Other Sectors
94,8%
Liabilities
Construction
6,4%

Other Sectors
93,6%
Construction
4,4%

Other Sectors
95,6%
95
www.icap.gr
B.V.2 : : 2003-2004
( 000)
B.V.2 Construction: Consolidated Income Statements: 2003-2004

( 000)
/ Magnitude
2003
2004
7.388.248
7.612.447
3,03
/ Gross profits
930.534
948.666
1,95
449.100
492.387
9,64
108.949
124.997
14,73
/ Operating income
729.887
715.612
-1,96
-57.381
-56.123
2,19
/ Depreciation
231.290
243.702
5,37
634.551
620.746
-2,18
/ Income tax
192.399
184.710
-4,00
/ Dividends
219.458
212.776
-3,04
1.312
1.312
0,00
/ Turnover
/ Pre-tax profits
/ Companies
: 2004
( )


Turnover

Gross Profits
Construction
5,3%

Other Sectors
94,7%
96
Dividends
Construction
3,2%

Other Sectors
96,8%
Construction
5,2%

Other Sectors
94,8%
2006
B.V.3 : : 2003-2004
B.V.3 Construction: Financial Ratios: 2003-2004
/ Indices
2003
2004
35,81
34,56
0,85
0,90
0,46
0,47
6,82
5,97
0,88
0,82
87
98
93
111
95
105
1,63
1,61
1,29
1,27
0,26
0,23
12,59
12,46
9,88
9,40
8,59
8,15
13,56
12,62
8,83
8,04
84
245
196
24
16
1.312
1.312

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
97
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B.V.4 : I: 20041

( 000)
B.V.4 Construction: Consolidated Balance Sheet: 20041

( 000)
/ Employees
/ Magnitude
10-49
50-249
250+
1.061.582
2.009.926
2.375.757
3.966.878
396.243
584.552
775.597
1.470.390
/ Participations
36.429
156.783
197.992
737.350
/ Current assets
665.339
1.425.374
1.600.160
2.496.488
/ Inventories
240.889
388.963
258.425
438.791
/ Receivables
292.153
846.816
1.179.314
1.882.471
/ Assets
/ Net fixed assets
/ Securities
/ Cash
/ Equity
13.027
63.737
73.131
41.934
132.297
189.596
162.422
175.226
1.061.582
2.009.926
2.375.757
3.966.878
508.764
983.059
1.252.080
2.205.475
385.450
571.676
447.370
964.187
/ Reserves
158.802
365.512
679.007
1.209.338
1.240
10.270
18.125
17.025
551.577
1.016.596
1.105.553
1.744.377
/ Liabilities
/ Long-term
138.192
147.450
142.252
206.406
/ Short-term
413.385
869.146
963.301
1.537.971
1.441
9.267
13.609
14.153
559
419
146
24
/ Employees
/ Companies
1
1
2004
: 2004
Shares in Construction Totals: 2004
Assets

Equity
<=9
12,5%
<=9
10,3%
<=9
11,3%
250+
42,1%
Liabilities
10-49
21,4%
250+
39,5%
250+
44,6%
10-49
19,9%
10-49
23,0%
50-249
25,2%
98
50-249
25,3%
50-249
25,0%
2006
B.V.5 : : 20041

( 000)
B.V.5 Construction: Consolidated Income Statement: 20041

( 000)
/ Employees
/ Magnitude
10-49
50-249
250+
556.307
1.693.740
2.115.520
3.170.894
112.091
270.340
275.034
270.434
72.822
142.970
139.743
120.810
12.008
28.772
34.951
46.897
/ Operating income
46.034
143.174
203.264
318.750
1.560
-7.578
-11.934
-37.686
19.639
46.474
60.458
111.803
45.824
133.016
185.415
252.842
/ Income tax
19.643
41.778
52.895
67.517
/ Dividends
14.870
39.924
61.440
94.908
1.441
9.267
13.609
14.153
559
419
146
24
/ Turnover
/ Gross profits
/ Depreciation
/ Pre-tax profits
/ Employees
/ Companies
1
1
2004

Turnover
: 2004

Gross Profits
<=9
12,1%
<=9
7,4%
10-49
22,5%
Dividends
<=9
7,0%
250+
29,1%
250+
44,9%
10-49
18,9%
250+
42,1%
10-49
29,1%
50-249
28,1%
50-249
29,6%
50-249
29,1%
99
www.icap.gr
B.V.6 : : 20041

B.V.6 Construction: Financial Ratios: 20041
/ Indices
/ Employees
9
10-49
50-249
250+
37,33
29,08
32,65
37,07
1,08
1,03
0,88
0,79
0,52
0,51
0,47
0,44
4,82
5,62
6,31
6,39
0,55
0,91
0,91
0,81
221
108
74
78
126
115
113
103
136
107
103
93
1,58
1,62
1,65
1,60
0,99
1,19
1,37
1,34
0,35
0,31
0,23
0,15
20,15
15,96
13,00
8,53
8,27
8,45
9,61
10,05
8,24
7,85
8,76
7,97
9,51
14,35
15,24
11,45
5,70
8,70
9,48
7,69
275
63
57
104

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
737
217
175
280
386
183
155
224
78
29
20
19
32
14
14
18
/ Companies
559
419
146
24
1
1
2004
100
2006
B.V.7 : : 2004
( 000)
B.V.7 Construction: The Basic Magnitudes of Companies Reporting Profits and Losses: 2004
( 000)
Reporting Profits
Magnitude
Reporting Losses
8.293.882
Assets

2.840.946
Net fixed assets
5.452.936
Current assets

4.427.065
Equity
3.823.974
Liabilities

7.195.048
Turnover

934.687
Gross profits

762.248
Operating income

683.692
Pre-tax profits
1.316.506
480.391
836.116
612.296
699.908
417.399
13.979
-46.636
-62.946
938
374
Companies
: 2004
Assets
Liabilities
Reporting Profits
86,3%
Reporting Profits
94,5%
Reporting Profits
84,5%
Reporting Losses
13,7%

Turnover
Reporting Losses
15,5%
Reporting Losses
5,5%
101
www.icap.gr
B.V.8 : 20 2003 2004

2004
( 000)
B.V.8 Construction: The Top-20 Companies Reporting Profits in 2003 and 2004
( 000)
Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

/Company
...
AKTOR S.A.
J & P - ..
J & P - AVAX S.A.
..
TERNA S.A.
...... ..
A.T.T.E.N.E. S.A.
..
E.T.E.TH. S.A.
..
MICHANIKI S.A.
..
EKTER S.A.
..
HELECTOR S.A.
.....
TERNA ENERGEIAKI S.A.
.. "INTRAKAT"
INTRACOM TECHNICAL CONSTRUCTIONS S.A. "INTRAKAT"
..
MOCHLOS S.A.
..
PANTECHNIKI S.A.
..
METON S.A.
- ...
DIEKAT - HELLENIC CONSTRUCTIONS S.A.
..
BIOTER S.A.
...
DIEKAT S.A.
..
ERETBO S.A.
..
SIEMENS INTEGRATED SERVICES S.A.
..
AEGEK S.A.
KINTEC ...
KINTEC S.A.
Total
(%)
102
Pre-tax profits

Turnover
Assets
2003
2004
2004
2004
113.460
90.497
630.209
527.496
42.415
47.667
393.811
357.557
34.773
43.456
372.360
265.176
133
30.709
8.314
31.608
23.156
19.932
73.174
52.966
12.222
15.349
107.611
288.843
7.046
9.082
63.929
47.164
2.937
8.854
28.595
21.955
7.276
8.692
43.463
88.318
6.977
8.477
61.858
69.338
8.509
8.297
396.903
191.159
10.099
7.851
161.435
244.548
7.315
6.669
46.562
93.028
5.165
6.629
63.139
27.917
6.217
6.529
100.772
180.736
6.346
6.175
78.905
82.624
4.049
6.074
71.545
21.572
4.390
5.687
42.256
17.627
11.536
5.087
144.124
379.959
4.831
5.042
16.548
14.084
318.852
346.752
2.905.512
3.003.675
46,49
50,72
40,38
36,22
2006
B.V.9 : 20 2003 2004

2004
( 000)
B.V.9 Construction: The Top-20 Companies Reporting Losses in 2003 and 2004
( 000)
Rank /Company
1
2
3
4
5
6
7
8
9
10
11
12
CYBARCO ...
CYBARCO S.A.
...
ZEFYROS S.A.
..
PROTEAS S.A.
..
KONE S.A.
..
FARAO HELLAS S.A.
..
VISTONIS S.A.
.....
ENTASIS S.A.
.....
POSEIDON S.A.
..
EVROOIKISTIKI TECHNIKI S.A.
CONSPEL A.T.E.
CONSPEL S.A.
..
ERGO S.A.
.....
THEMELIO S.A.
, ., - () ..
13 PANAYIDES, A., BUILDING & CIVIL ENGINEERING CONTRACTORS (HELLAS)
S.A.
BUILD TRANSFER INVESTMENT FINANCING A.E.
14
PIRAEUS BUILD TRANSFER INVESTMENT FINANCING S.A.
15
16
17
18
19
20
Turnover
PLANET FOUR NETWORKING ....

PLANET FOUR NETWORKING S.A.
..
AKINITA MYKONOU S.A.
FROIBER ..
FROIBER HELLAS S.A.
..
IOLKOS S.A.
, , () ..
IAKOVOU BROS (HELLAS) S.A.
ATHIENITIS HELLAS ...
ATHIENITIS HELLAS S.A.
Total
(%)
Losses
Assets
2003
2004
2004
2004
-1.263
-2.200
14.897
27.011
-968
-1.766
1.729
11.414
-2.253
-1.755
128
4.764
-686
-1.439
6.458
4.114
-392
-1.353
3.418
6.206
-223
-1.214
3.240
8.204
-222
-1.147
2.720
15.646
-1.534
-985
1.010
10.084
-88
-864
1.296
5.753
-517
-806
4.567
5.113
-902
-728
1.292
4.493
-419
-649
460
2.267
-518
-615
394
1.996
-991
-582
1.978
27.636
-297
-544
1.807
-258
-543
645
9.104
-1.003
-532
689
4.501
-598
-519
1.013
7.667
-245
-496
533
4.484
-462
-447
4.234
11.808
-13.840
-19.185
50.706
174.070
26,99
30,48
12,15
13,22
103
www.icap.gr
B.V.10 : 20 : 2004

( 000)
B.V.10 Construction: The Top-20 Companies: 2004

( 000)

Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
...
AKTOR S.A.
..
AEGEK S.A.
J & P - ..
J & P - AVAX S.A.
...
ALTE S.A.
...
EFKLIDIS S.A.
..
MICHANIKI S.A.
..
THEMELIODOMI S.A.
..
TERNA S.A.
- ...
ATTI-KAT S.A.
..
PANTECHNIKI S.A.
..
MOCHLOS S.A.
..
BIOTER S.A.
..E.
ATHENA S.A.
- . ...
EDRASIS - C. PSALLIDAS S.A.
..
METON S.A.
INTERNATIONAL ..
HELLASCOM INTERNATIONAL S.A.
.....
TERNA ENERGEIAKI S.A.
...
DIEKAT S.A.
...
PROODEFTIKI S.A.
..
"INTRAKAT"
INTRACOM TECHNICAL CONSTRUCTIONS S.A.
"INTRAKAT"
Total
20
Top-20 share
104
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
543.592
527.496
860.516
630.209
375.452
379.959
141.192
144.124
11.536
5.087
327.017
357.557
412.365
393.811
42.415
47.667
332.289
320.776
167.930
116.074
14.917
-1.294
321.429
314.303
107.779
82.154
2.327
817
286.723
288.843
109.536
107.611
12.222
15.349
248.413
271.989
156.087
133.273
14.733
1.952
226.737
265.176
383.239
372.360
34.773
43.456
269.849
249.633
131.707
82.986
5.508
1.589
250.121
244.548
200.272
161.435
10.099
7.851
190.127
191.159
334.396
396.903
8.509
8.297
161.695
180.736
109.356
100.772
6.217
6.529
150.669
157.424
187.555
176.049
7.189
2.133
122.250
135.204
94.676
88.809
4.849
3.350
84.498
93.028
53.674
46.562
7.315
6.669
93.543
91.307
51.258
42.233
3.141
-1.815
61.826
88.318
24.198
43.463
7.276
8.692
89.251
82.624
69.824
78.905
6.346
6.175
78.221
81.730
43.013
42.308
1.147
290
59.078
69.338
56.193
61.858
6.977
8.477
4.272.779
47,78
2003
2004
113.460 90.497
4.391.147 3.694.763 3.301.900 320.956 261.767

45,69
50,01
43,38
50,58
42,17
2006
B.VI
SECTION B.VI
TRADE
/ Sectors
Trade


Wholesale trade

Retail trade
,

Wholesale and retail trade; repair of
motor vehicles, motorcycles and
personal and household goods
/ Code
/
Companies
6.665

Sale, maintenance and repair of motor
vehicles and motorcycles; retail sale of
automotive fuel
50
786

Wholesale trade and commission trade,
except of motor vehicles and motorcycles
51
4.660
Retail trade, except of motor vehicles and

motorcycles; repair of personal and
household goods
52
1.219
Carrefour- . 2002
12 2002 31 2003.
, ..
. .
Carrefour-Marinopoulos SA is not included in the data. It was set up in 2002 and its first balance sheet covers the
period from 12 March 2002 to 31 December 2003. This does not allow the calculation of indices, such as return on
equity, which are require two year averages. Had it been included, it would have been the largest in assets in the
trade sector.
105
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.VI.1 : I: 2003-2004
( 000)
.VI.1 Trade: Consolidated Balance Sheets: 2003-2004

( 000)
/ Magnitude
2003
2004
35.381.176
39.154.867
10,67
/ Net fixed assets
8.532.996
9.804.432
14,90
/ Participations
1.850.669
1.881.240
1,65
/ Current assets
/ Assets
26.844.031
29.347.710
9,33
/ Inventories
7.669.484
8.534.140
11,27
/ Receivables
16.984.769
18.493.706
8,88
/ Securities
/ Cash
/ Equity
363.688
340.182
-6,46
2.189.778
2.319.864
5,94
35.381.176
39.154.867
10,67
13,02
9.342.960
10.559.764
6.170.575
6.541.928
6,02
/ Reserves
3.413.461
4.265.503
24,96
500.455
519.773
3,86
/ Liabilities
25.535.292
28.072.537
9,94
/ Long-term
2.273.600
2.569.399
13,01
/ Short-term
23.261.692
25.503.138
9,64
6.665
6.665
0,00
/ Companies
: 2004
( )


Equity
Assets
Trade
13,5%
Trade
21,2%

Other Sectors
78,8%
106
Liabilities

Other Sectors
86,5%
Trade
27,3%

Other Sectors
72,7%
2006
B.VI.2 : : 2003-2004
( 000)
B.VI.2 Trade: Consolidated Income Statements: 2003-2004

( 000)
/ Magnitude
2003
2004
51.845.320
57.212.233
10,35
10.485.681
11.611.453
10,74
8.536.985
9.545.462
11,81
701.534
761.470
8,54
/ Operating income
2.079.734
2.227.082
7,08
31.740
74.288
134,05
820.014
897.370
9,43
2.070.474
2.262.175
9,26
/ Income tax
781.106
826.633
5,83
/ Dividends
797.885
845.258
5,94
6.665
6.665
0,00
/ Turnover
/ Gross profits
/ Depreciation
/ Pre-tax profits
/ Companies
: 2004
( )


Turnover

Gross Profits
Trade
20,7%
Trade
38,6%
Trade
39,5%

Other Sectors
60,5%
Dividends

Other Sectors
61,4%

Other Sectors
79,3%
107
www.icap.gr
B.VI.3 : : 2003-2004
B.VI.3 Trade: Financial Ratios: 2003-2004
/ Indices
2003
2004
24,12
25,04
2,73
2,66
0,72
0,72
3,95
3,97
1,54
1,54
65
65
102
103
94
92
1,15
1,15
0,81
0,82
0,11
0,11
20,22
20,30
4,01
3,89
3,99
3,95
22,92
22,73
8,22
8,11
50
199
290
59
12
6.665
6.665

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
108
2006
B.VI.4 : I: 20041

( 000)
B.VI.4 Trade: Consolidated Balance Sheet: 20041

( 000)
/ Employees
/ Magnitude
/ Assets
/ Net fixed assets
10-49
50-249
250+
3.716.097
12.825.109
12.463.703
9.913.870
870.788
2.513.307
2.628.435
3.740.581
/ Participations
90.135
335.052
587.428
860.510
/ Current assets
2.844.772
10.311.802
9.833.082
6.173.289
/ Inventories
819.389
2.794.558
2.677.397
2.192.854
/ Receivables
1.686.464
6.651.335
6.584.867
3.462.467
23.036
111.618
100.045
101.917
338.919
865.909
570.819
517.968
3.716.097
12.825.109
12.463.703
9.913.870
1.196.204
3.225.345
3.030.563
3.063.709
1.129.014
2.292.768
1.786.790
1.246.779
309.664
962.717
1.205.746
1.767.693
17.836
75.934
191.341
233.128
6.617.033
/ Securities
/ Cash
/ Equity
/ Reserves
/ Liabilities
2.501.638
9.523.830
9.239.427
/ Long-term
184.683
521.168
1.109.378
732.848
/ Short-term
2.316.955
9.002.662
8.130.048
5.884.185
/ Employees
12.821
57.250
49.144
76.761
/ Companies
3.044
2.791
543
92
1
1
2004
Assets
: 2004
Shares in Trade Totals: 2004

Equity
<=9
9,5%
250+
29,1%
250+
25,5%
250+
23,7%
50-249
28,8%
<=9
9,0%
10-49
34,2%
10-49
30,7%
10-49
33,0%
50-249
32,0%
<=9
11,4%
Liabilities
50-249
33,1%
109
www.icap.gr
B.VI.5 : : 20041

( 000)
B.VI.5 Trade: Consolidated Income Statement: 20041

( 000)
/ Employees
/ Magnitude
/ Turnover
10-49
50-249
250+
3.828.987 16.401.167 18.405.972 18.266.248
/ Gross profits
710.026
3.371.547
3.772.911
3.713.301
556.830
2.593.825
3.115.399
3.225.025
71.205
279.607
271.149
134.544
/ Operating income
136.617
701.613
691.566
706.946
2.466
31.862
14.586
31.515
63.032
228.212
238.152
360.818
130.718
719.830
700.316
729.307
/ Depreciation
/ Pre-tax profits
/ Income tax
58.543
255.858
261.950
247.822
/ Dividends
65.764
248.139
277.234
251.174
/ Employees
12.821
57.250
49.144
76.761
/ Companies
3.044
2.791
543
92
1
1
2004

Turnover
: 2004

Gross Profits
<=9
6,1%
<=9
6,7%
10-49
28,8%
250+
32,1%
Dividends
10-49
29,1%
250+
32,1%
<=9
7,8%
250+
29,8%
10-49
29,5%
50-249
32,3%
110
50-249
32,6%
50-249
32,9%
2006
B.VI.6 : : 20041

B.VI.6 Trade: Financial Ratios: 20041
/ Indices
/ Employees
9
10-49
50-249
250+
23,43
19,60
21,09
37,73
2,09
2,95
3,05
2,16
0,67
0,74
0,74
0,67
2,84
3,57
3,58
6,42
1,06
1,36
1,56
1,92
93
74
63
52
139
131
116
56
136
105
82
80
1,23
1,15
1,20
1,06
0,88
0,84
0,88
0,69
0,16
0,11
0,08
0,11
18,54
20,56
20,50
20,33
3,57
4,28
3,76
3,87
3,41
4,39
3,80
3,99
11,45
23,79
24,71
25,16
5,59
8,27
8,23
9,07
68
44
53
49
290
224
254
129
299
286
375
238
55
59
77
48
10
13
14
10
3.044
2.791
543
92

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
1
1
2004
111
www.icap.gr
B.VI.7 : : 2004
( 000)
B.VI.7 Trade: The Basic Magnitudes of Companies Reporting Profits and Losses: 2004
( 000)
Reporting Profits
Magnitude
Reporting Losses
34.748.982
Assets

8.593.121
Net fixed assets
26.153.136
Current assets
4.405.886
1.211.311
3.194.575
9.585.009
974.754
Equity
24.710.991
Liabilities

53.175.850
Turnover
3.361.546
4.036.383
10.798.447
813.006
Gross profits

2.449.647
Operating income

2.567.276
Pre-tax profits
-222.565
-305.101
5.219
1.446
Companies
: 2004
Assets
Liabilities
Reporting Profits
88,0%
Reporting Profits
88,7%
Reporting Losses
11,3%
112

Turnover
Reporting Profits
92,9%
Reporting Losses
12,0%
Reporting Losses
7,1%
2006
B.VI.8 : 20 2003 2004

2004
( 000)
B.VI.8 Trade: The Top-20 Companies Reporting Profits in 2003 and 2004
( 000)
Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

/Company
BP HELLAS ..
BP HELLAS S.A.
....
GERMANOS S.A.
..
DUTY FREE SHOPS S.A.
....
EKO S.A.
..
SIEMENS S.A.
NOTOS COM. HOLDINGS ..
NOTOS COM. HOLDINGS S.A.
JUMBO ..
JUMBO S.A.
PRAKTIKER HELLAS ..
PRAKTIKER HELLAS TRADING CO. S.A.
MERCEDES-BENZ ...
MERCEDES-BENZ HELLAS S.A.
FORD MOTOR ....
FORD MOTOR HELLAS S.A.I.C.
TOYOTA ....
TOYOTA HELLAS S.A.
..
GENESIS PHARMA S.A.
....
SFAKIANAKIS S.A.
..&..
METRO S.A.
ELMEC SPORT .....
ELMEC SPORT S.A.
COMPUTERS ....
PLAISIO COMPUTERS S.A.
ASTRA ZENECA ..
ASTRA ZENECA S.A.
, . & ., ...
SKLAVENITIS, J. & S., S.A.
..
ALFA BETA VASSILOPOULOS S.A.
KOSMOCAR ..
KOSMOCAR S.A.
Total
(%)
Pre-tax profits

Turnover
Assets
2003
2004
2004
2004
62.439
70.330
1.515.331
413.635
54.453
59.955
679.079
579.357
50.060
57.562
223.356
205.726
34.009
39.359
1.661.335
413.933
23.389
32.724
393.368
263.512
27.775
32.515
230.892
236.303
23.791
32.009
178.826
215.242
27.052
30.910
243.815
90.815
31.199
26.334
405.725
104.023
29.248
25.696
376.167
74.393
19.721
22.002
636.652
231.249
18.596
21.887
109.730
124.714
10.771
21.312
183.579
184.497
15.624
20.384
464.385
164.384
16.296
18.976
111.592
151.811
14.638
17.591
232.840
89.140
12.873
16.953
173.602
72.982
21.502
16.429
800.249
253.523
12.299
16.096
908.176
376.784
15.743
15.632
432.799
189.343
521.478
594.657
9.961.500
4.435.366
22,13
23,16
18,73
12,76
113
www.icap.gr
B.VI.9 : 20 2003 2004

2004
( 000)
B.VI.9 Trade: The Top-20 Companies Reporting Losses in 2003 and 2004
( 000)
Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
ELEPHANT ..
ELEPHANT S.A.
..&....
FIAT AUTO HELLAS S.A.
GREENE HELLAS ..&..
GREENE HELLAS S.A.
(3L) ..
THREE L (3L) S.A.
MICROLAND COMPUTERS ..&..
MICROLAND COMPUTERS S.A.
..&..
AIAKOS S.A.
PLIAS ..
PLIAS S.I.A.C.
..
MOBIL OIL HELLAS S.A.
.B.E.E.
ELCHYM S.A.
....
PETRIDIS S.A.
IDEAL SYSTEMS ....
IDEAL SYSTEMS S.A.
..
EDEN SPRINGS HELLAS S.A.
DOXIADIS GEOIMAGING ..
DOXIADIS GEOIMAGING S.A.
- ...
IKONA - IHOS S.A.
SINGULAR HOSPITALITY SOLUTIONS ..
SINGULAR HOSPITALITY SOLUTIONS S.A.
MASTERFOODS ..
TROFEKLEKT MASTERFOODS S.A.
....
IDEAL ELECTRONICS S.A.
& ..
SETE PROCUREMENT & TRADING S.A.
..
LANITIS XYLAPO S.A.
BTI - HELLAS ...
BTI - HELLAS S.A.
Total
(%)
114
Losses

Turnover
Assets
2003
2004
2004
2004
-2.106
-13.466
97.343
160.283
-9.604
-11.613
235.538
121.161
-2.225
-6.612
181
-978
-6.325
11.420
8.625
-11.393
-5.106
84.705
22.880
-615
-4.996
5.218
36.967
-11.514
-4.460
24.884
15.805
-550
-3.674
44.366
19.011
-41
-3.647
16.493
11.245
-3.397
-3.440
3.741
10.630
-10.809
-3.160
9.566
8.847
-1.624
-2.680
2.276
2.809
-2.152
-2.640
259
2.080
-6.960
-2.631
23.947
30.322
-1.546
-2.546
186
2.993
-2.209
-2.474
35.199
11.617
-15.950
-2.419
20.799
21.610
-25
-2.235
1.967
-702
-2.216
1.791
3.704
-1.179
-1.931
15.428
14.377
-85.580
-88.269
633.159
507.113
29,96
28,93
15,69
11,51
/Company
( 000)
B.VI.10 Trade: Assets and Liabilities of its Sectors: 2004
Sector


Wholesale trade

Retail trade
Total
Companies
( 000)

Assets
Net fixed assets
Current assets
Inventories

Equity
Liabilities
786
6.295.002
1.356.796
4.935.482
1.729.690
1.215.059
4.996.023
4.660
25.862.309
5.758.215
20.104.095
4.671.071
7.554.678
17.909.501
1.219
6.997.555
2.689.421
4.308.134
2.133.379
1.790.027
5.167.014
6.665
39.154.867
9.804.432
29.347.710
8.534.140
10.559.764
28.072.537
B.VI.10 : : 2004
B.VI.11 : : 2004
(% )
B.VI.11 Trade: Rates of Change in Assets and Liabilities of its Sectors: 2004
Sector


Wholesale trade

Retail trade
Total
Assets
(annual % change)

Net fixed assets
Current assets
Inventories

Equity
Liabilities
10,16
13,90
9,22
21,72
14,74
9,46
11,23
15,46
10,07
8,59
12,54
10,83
9,08
14,21
6,10
9,59
13,92
7,40
10,67
14,90
9,33
11,27
13,02
9,94
2006
115
( 000)
B.VI.12 Trade: Consolidated Income Statements of its Sectors: 2004

( 000)
Administrative,
distribution &
selling expenses
Sector
Companies
Turnover
Gross Profits
786
10.627.952
1.593.536
1.396.506
4.660
35.549.778
7.221.284
1.219
11.034.503
6.665
57.212.233


Wholesale trade

Retail trade
Total
, .
Interest
charges, etc.
Operating
income
Non-operating
income
Pre-tax profits
Dividends
162.728
324.471
1.799
322.787
106.015
5.605.874
488.536
1.534.663
64.728
1.570.447
577.786
2.796.633
2.543.082
110.205
367.949
7.762
368.942
161.456
11.611.453
9.545.462
761.470
2.227.082
74.288
2.262.175
845.258
116
B.VI.12 : : 2004
B.VI.13 : : 2004
(% )
B.VI.13 Trade: Rates of Change in the Consolidated Income Statements of its Sectors: 2004
(annual % change)
Administrative,
distribution &
selling expenses
Sector
Turnover
Gross Profits
19,14
15,01
17,97
8,08
9,40
9,98
10,35


Wholesale trade

Retail trade
Total
, .
Interest
charges, etc.
Operating
income
Non-operating
income
Pre-tax profits
Dividends
7,14
9,14
-73,17
7,95
4,11
9,92
11,13
7,28
936,66
11,33
9,29
11,90
12,87
0,14
4,56
-58,70
2,24
-3,54
10,74
11,81
8,54
7,08
134,05
9,26
5,94
www.icap.gr
Sector
Companies


Wholesale trade

Retail trade
Total
(%)
Fixed to total
assets (%)
Debt to equity
()
Inventory
turnover (days)
()
Days sales
outstanding
()
Payable deferral
period (days)
B.VI.14 : , : 2003-2004
B.VI.14 Trade: Capital Structure, Operating activity and Liquidity Financial Ratios of its Sectors: 2003-2004
Current ratio
2003
2004
2003
2004
2003
2004
2003
2004
2003
2004
2003
2004
2003
2004
786
786
20,85
21,55
4,31
4,11
67
64
96
86
74
68
1,10
1,13
4.660
4.660
21,45
22,26
2,41
2,37
57
58
121
127
87
88
1,23
1,23
1.219
1.219
36,71
38,43
3,06
2,89
92
90
44
42
136
130
0,92
0,91
6.665
6.665
24,12
25,04
2,73
2,66
65
65
102
103
94
92
1,15
1,15
B.VI.15 : : 2003-2004
B.VI.15 Trade: Profitability and Return Financial Ratios of its Sectors: 2003-2004
Sector
Companies


Wholesale trade

Retail trade
Total
(%)
Gross profit margin
(%)
(%)
Operating profit
margin (%)
.
(%)
(%)
(%)
Net profit margin
Return on equity
Return on assets
(%)
(%)
(%)
2003
2004
2003
2004
2003
2004
2003
2004
2003
2004
2003
2004
786
786
15,53
14,99
3,33
3,05
3,35
3,04
29,99
28,39
8,23
8,09
4.660
4.660
20,07
20,31
4,35
4,32
4,29
4,42
21,75
22,01
8,41
8,38
1.219
1.219
24,91
25,34
3,51
3,33
3,60
3,34
23,27
21,95
7,54
7,14
6.665
6.665
20,22
20,30
4,01
3,89
3,99
3,95
22,92
22,73
8,22
8,11
2006
117
www.icap.gr
B.VI.16 : 20 : 2004

( 000)
B.VI.16 Trade: The Top-20 Companies in Sale of Motor Vehicles: 2004

( 000)

Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
MULTIFIN A.E.E.
PIRAEUS MULTIFIN S.A.
FIAT CREDIT HELLAS ...
FIAT CREDIT HELLAS S.A.
TOYOTA ....
TOYOTA HELLAS S.A.
MAVA ..
MAVA S.A.
KOSMOCAR ..
KOSMOCAR S.A.
....
SFAKIANAKIS S.A.
..
CHROFIN S.A.
HYUNDAI HELLAS . & . ..&..
HYUNDAI HELLAS P. & R. DAVARI S.A.
, . ., ..
THEOCARAKIS, NIC. J., S.A.
LION ..
LION HELLAS S.A.
..&....
FIAT AUTO HELLAS S.A.
....
TECHNOCAR S.A.
MERCEDES-BENZ ...
MERCEDES-BENZ HELLAS S.A.
..&..
JASON S.A.
, . ., ..
CONDELLIS, J. E., S.A.
....
GENERAL AUTOMOTIVE S.A.
.....
ELMA S.A.
FORD MOTOR ....
FORD MOTOR HELLAS S.A.I.C.
GENERAL MOTORS ..
GENERAL MOTORS HELLAS S.A.
CITROEN ....
CITROEN HELLAS S.A.
Total
20
Top-20 share
118
Assets
Turnover
Company

Pre-tax profits
2003
2004
2003
2004
2003
2004
454.960
403.220
261.530
323.510
10.737
7.725
261.587
266.418
153.012
163.447
5.824
4.418
205.387
231.249
537.546
636.652
19.721
22.002
146.362
201.813
170.918
201.829
3.794
4.069
175.834
189.343
369.260
432.799
15.743
15.632
185.594
184.497
161.308
183.579
10.771
21.312
178.492
181.529
124.303
152.084
1.019
813
149.796
178.136
206.184
228.490
3.905
5.202
147.250
155.242
249.098
301.631
6.754
10.110
150.643
145.400
219.343
229.022
9.294
5.769
121.819
121.161
205.339
235.538
-9.604
-11.613
94.298
106.475
194.794
192.898
5.167
245
101.436
104.023
343.992
405.725
31.199
26.334
96.327
98.775
75.419
91.079
32
-1.619
83.556
94.826
94.358
108.196
610
1.241
88.776
92.154
149.128
162.400
9.078
9.982
61.188
90.648
75.075
126.261
1.904
1.519
84.448
74.393
310.409
376.167
29.248
25.696
59.511
71.409
242.311
298.334
5.542
3.165
69.675
67.164
199.683
222.644
4.174
4.582
2.916.938
3.057.875
164.912
156.584
51,05
48,58
55,15
48,51
4.343.012 5.072.283
48,69
47,73
2006
B.VI.17 : 20 : 2004

( 000)
B.VI.17 rade: The Top-20 Companies in Wholesale Trade: 2004

( 000)

Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Assets
Turnover
Company
....
GERMANOS S.A.
....
EKO S.A.
BP HELLAS ..
BP HELLAS S.A.
..
MYTILINEOS HOLDINGS S.A.
INFO QUEST ....
INFO QUEST S.A.
SHELL HELLAS ..
SHELL HELLAS A.E.
ALTEC ....
ALTEC S.A.
& ....
POULIADIS ASSOCIATES CORP.
..
SIEMENS S.A.
ROCHE (HELLAS) ..
ROCHE (HELLAS) S.A.
MAMID OIL-JET OIL ..
MAMID OIL-JET OIL S.A.
MAKRO & ..
MAKRO CASH & CARRY WHOLESALE S.A.
ELMEC SPORT .....
ELMEC SPORT S.A.
AVENTIS PHARMA .E.&B..
AVENTIS PHARMA S.A.
, ., - . ....
KALPINIS, A., - N. SIMOS S.A.
..
GENESIS PHARMA S.A.
FOURLIS TRADE ....
FOURLIS TRADE S.A.
AVINOIL ..
AVINOIL S.A.
..
ELGEKA S.A.
CARDICO ....
CARDICO S.A.
Total
20
Top-20 share

Pre-tax profits
2003
2004
2003
2004
2003
2004
556.813
579.357
582.160
679.079
54.453
59.955
361.891
413.933
1.533.588
1.661.335
34.009
39.359
384.576
413.635
1.426.743
1.515.331
62.439
70.330
351.129
336.524
145.588
151.300
9.458
11.303
312.711
317.849
320.645
379.084
-9.434
5.132
327.022
317.845
1.267.833
1.293.051
42.720
7.958
336.436
311.915
145.125
125.133
-4.672
2.079
257.888
266.161
134.670
171.287
1.389
1.451
178.055
263.512
315.888
393.368
23.389
32.724
173.908
231.613
182.077
203.586
10.043
8.622
159.056
188.604
506.079
555.731
5.626
6.310
143.351
151.978
443.366
457.075
4.985
6.176
149.361
151.811
101.899
111.592
16.296
18.976
104.421
133.441
141.792
157.934
3.583
2.869
102.810
130.591
78.644
114.039
4.264
12.303
69.471
124.714
74.656
109.730
18.596
21.887
104.472
114.485
77.235
82.964
65
1.438
117.240
114.009
542.439
578.073
10.066
7.022
101.069
111.334
109.522
115.728
3.975
4.807
94.577
105.992
50.217
60.920
5.791
4.906
4.386.255
18,86
4.779.302 8.180.166 8.916.340 297.043

18,48
24,87
25,08
21,06
325.606
20,73
119
www.icap.gr
B.VI.18 : 20 : 2004

( 000)
B.VI.18 rade: The Top-20 Companies in Retail Trade: 2004

( 000)

Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
ALFA BETA VASSILOPOULOS S.A.
, ., ....
KOTSOVOLOS, P., S.A.
, , ....
VEROPOULOS BROS S.A.
...
ATLANTIC S.A.
, . & ., ...
SKLAVENITIS, J. & S., S.A.
. ....
RADIO A. KORASSIDIS S.A.
NOTOS COM. HOLDINGS ..
NOTOS COM. HOLDINGS S.A.
JUMBO ..
JUMBO S.A.
..
DUTY FREE SHOPS S.A.
, ., ..
MASOUTIS, D., SUPERMARKET S.A.
..&..
METRO S.A.
ELEPHANT ..
ELEPHANT S.A.
..
PENTE S.A.
HOUSE MARKET ..
HOUSE MARKET S.A.
PRAKTIKER HELLAS ..
PRAKTIKER HELLAS TRADING CO. S.A.
COMPUTERS ....
PLAISIO COMPUTERS S.A.
DIA HELLAS ..
DIA HELLAS S.A.
...
ELECTRONIKI ATHINON S.A.
..
ARVANITIDIS S.A.
, ., ..
SYKARIS, ANT., S.A.
Total
20
Top-20 share
120
Assets
Turnover
Company

Pre-tax profits
2003
2004
2003
2004
2003
2004
378.593
376.784
789.041
908.176
12.299
16.096
282.864
302.903
276.310
281.915
11.012
2.677
278.123
289.724
536.640
587.173
1.925
2.068
258.256
253.669
523.370
555.576
2.322
3.052
239.968
253.523
764.808
800.249
21.502
16.429
228.242
245.368
183.427
177.746
772
-10.598
169.082
236.303
209.952
230.892
27.775
32.515
176.750
215.242
144.019
178.826
23.791
32.009
193.191
205.726
196.051
223.356
50.060
57.562
142.541
176.773
290.261
310.403
11.520
12.328
140.682
164.384
422.752
464.385
15.624
20.384
154.435
160.283
115.485
97.343
-2.106
-13.466
126.014
147.264
283.216
303.017
16.550
15.579
56.221
95.852
48.197
126.082
-2.134
10.404
85.777
90.815
220.942
243.815
27.052
30.910
75.368
89.140
181.860
232.840
14.638
17.591
67.477
88.938
268.964
303.262
1.869
4.293
69.532
78.338
105.084
109.311
4.909
4.125
75.843
73.437
196.450
205.300
1.584
1.613
65.986
64.850
55.085
45.224
323
-424
3.264.948
3.609.319
5.811.911
6.384.892
241.288
255.147
50,90
51,58
57,93
57,86
66,86
69,16
2006
B.VII
SECTION B.VII

HOTELS AND RESTAURANTS
/ Sectors




/ Code
/
Companies
2.910
55
2.910
121
www.icap.gr
B.VII.1 : I: 2003-2004
( 000)
B.VII.1 Hotels and Restaurants: Consolidated Balance Sheets: 2003-2004

( 000)
/ Magnitude
2003
2004
7.529.243
8.417.759
11,80
5.948.753
6.785.314
14,06
/ Participations
464.002
504.087
8,64
/ Current assets
/ Assets
/ Net fixed assets
1.580.490
1.632.445
3,29
/ Inventories
85.319
90.511
6,09
/ Receivables
916.871
953.671
4,01
/ Securities
/ Cash
/ Equity
87.848
57.659
-34,36
578.300
588.262
1,72
7.529.243
8.417.759
11,80
15,21
3.732.456
4.300.106
3.375.548
3.606.556
6,84
/ Reserves
1.050.317
1.401.570
33,44
38.837
32.823
-15,48
/ Liabilities
3.757.950
4.084.830
8,70
/ Long-term
1.852.824
1.996.061
7,73
/ Short-term
1.905.126
2.088.768
9,64
2.910
2.910
0,00
/ Companies
: 2004
( )
Assets

Equity

Hotels and Restaurants
4,6%

Other Sectors
95,4%
122
Liabilities

5,5%

Other Sectors
94,5%

4,0%

Other Sectors
96,0%
2006
B.VII.2 : : 2003-2004
( 000)
B.VII.2 Hotels and Restaurants: Consolidated Income Statements: 2003-2004

( 000)
/ Magnitude
2003
2004
2.700.267
2.902.328
7,48
/ Gross profits
843.813
891.753
5,68
771.757
824.689
6,86
114.072
120.481
5,62
/ Operating income
24.652
18.298
-25,77
15.200
40.113
163,89
392.666
434.101
10,55
/ Pre-tax profits
-7.275
8.239
/ Income tax
42.253
52.047
23,18
/ Dividends
49.749
57.616
15,81
2.910
2.910
0,00
/ Turnover
/ Depreciation
/ Companies
: 2004
( )


Turnover

Gross Profits

2,0%

Other Sectors
98,0%
Dividends

3,0%

Other Sectors
97,0%

1,4%

Other Sectors
98,6%
123
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B.VII.3 : : 2003-2004
B.VII.3 Hotels and Restaurants: Financial Ratios: 2003-2004
/ Indices
2003
2004
79,01
80,61
1,01
0,95
0,50
0,49
0,94
1,07
0,37
0,36
15
16
79
78
126
124
0,86
0,80
0,81
0,76
0,38
0,33
31,25
30,73
0,91
0,63
-0,27
0,28
-0,20
0,21
1,48
1,61
110
137
47
14
2.910
2.910

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
124
2006
B.VII.4 : I: 20041

( 000)
B.VII.4 Hotels and Restaurants: Consolidated Balance Sheet: 20041

( 000)
/ Employees
/ Magnitude
/ Assets
/ Net fixed assets
10-49
50-249
250+
1.195.874
2.409.357
2.495.760
2.111.032
937.638
1.839.057
2.040.835
1.809.886
/ Participations
5.284
78.766
208.245
209.587
/ Current assets
258.236
570.300
454.925
301.147
/ Inventories
11.506
23.156
31.026
20.924
/ Receivables
111.647
316.483
291.627
214.063
4.870
19.914
13.673
16.505
135.083
230.661
132.272
66.160
1.195.874
2.409.357
2.495.760
2.111.032
859.291
1.286.195
1.129.104
899.911
793.066
1.144.947
883.836
670.387
/ Reserves
208.584
375.445
415.855
367.325
1.674
4.385
9.620
16.916
1.194.205
/ Securities
/ Cash
/ Equity
/ Liabilities
334.908
1.118.777
1.357.036
/ Long-term
131.167
465.574
645.039
719.423
/ Short-term
203.742
653.202
711.997
474.782
/ Employees
4.223
21.691
19.496
14.668
/ Companies
1.418
1.014
220
33
1
1
2004
: 2004
Shares in Hotels and Restaurants Totals: 2004
Assets

Equity
<=9
14,6%
250+
21,6%
250+
25,7%
Liabilities
<=9
8,4%
<=9
20,6%
250+
29,8%
10-49
27,9%
10-49
29,3%
50-249
27,0%
50-249
30,4%
10-49
30,8%
50-249
33,9%
125
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B.VII.5 : : 20041

( 000)
B.VII.5 Hotels and Restaurants: Consolidated Income Statement: 20041

( 000)
/ Employees
/ Magnitude
10-49
50-249
250+
218.669
939.666
934.941
758.397
/ Gross profits
65.532
327.168
247.578
230.714
82.276
317.311
213.561
187.874
9.921
30.428
41.653
35.964
/ Operating income
-15.467
748
10.466
26.891
6.409
6.437
28.344
-1.062
61.765
133.821
129.863
97.800
-23.099
-9.247
32.737
14.099
/ Turnover
/ Depreciation
/ Pre-tax profits
/ Income tax
4.496
17.932
16.283
12.456
/ Dividends
4.079
20.696
20.315
11.656
/ Employees
4.223
21.691
19.496
14.668
/ Companies
1.418
1.014
220
33
1
1
2004
: 2004

Turnover

Gross Profits
<=9
7,5%
<=9
7,7%
10-49
33,0%
250+
26,6%
Dividends
250+
26,5%
10-49
37,6%
250+
20,5%
<=9
7,2%
10-49
36,5%
50-249
28,4%
50-249
32,8%
126
50-249
35,8%
2006
B.VII.6 : : 20041

B.VII.6 Hotels and Restaurants: Financial Ratios: 20041
/ Indices
/ Employees
9
10-49
50-249
250+
78,41
76,33
81,77
85,73
0,39
0,87
1,20
1,33
0,28
0,46
0,54
0,57
0,70
1,79
1,39
0,20
0,42
0,39
0,37
28
14
15
15
111
79
81
65
154
145
109
108
1,36
0,92
0,63
0,66
1,30
0,89
0,59
0,62
0,78
0,42
0,20
0,19
29,97
34,82
26,48
30,42
-7,07
0,08
1,12
3,55
-10,56
-0,98
3,50
1,86
-2,86
-0,77
3,10
1,69
-1,18
0,94
3,12
2,47
222
85
105
123
283
111
128
144
52
43
48
52
16
15
13
16
-5
1.418
1.014
220
33

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
1
1
2004
127
www.icap.gr
B.VII.7 : : 2004
( 000)
B.VII.7 Hotels and Restaurants: The Basic Magnitudes of Companies Reporting Profits and Losses: 2004
( 000)
Reporting Profits
Magnitude
Reporting Losses
4.027.416
4.390.343
Assets

3.164.258
3.621.056
Net fixed assets
863.158
769.287
Current assets

2.317.012
1.983.095
Equity
1.690.690
2.394.140
Liabilities

1.737.840
1.164.489
Turnover

660.469
231.283
Gross profits

188.225
-169.927
Operating income

217.363
-209.124
Pre-tax profits
1.235
1.675
Companies
: 2004
Assets
Liabilities
Reporting Profits
47,8%
Reporting Profits
59,9%
Reporting Profits
41,4%
Reporting Losses
52,2%
128

Turnover
Reporting Losses
58,6%
Reporting Losses
40,1%
2006
B.VII.8 : 20 2003 2004

2004
( 000)
B.VII.8 Hotels and Restaurants: The Top-20 Companies Reporting Profits in 2003 and 2004
( 000)
Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

/Company
..
CARAVEL HOTELS S.A.
..
GEKE S.A.
..&..
DIVANIS ACROPOLIS S.A.
() ..
CHANDRIS HOTELS (HELLAS) S.A.
..
HELIOS S.A.
..
ATHENAEUM S.A.
..
STANLEY S.A.
....
TITANIA S.A.
..
SANI S.A.
..
SUNWING HOTELS S.A.
, ., - . & ..
PALAMIDIS, L., - D. TELONIS SONS & CO. S.A.
, , ...
MOUSSAMAS BROS S.A.
. ..
CAPSIS TOURIST ENTERP. OF THESSALONIKI S.A.
..
DIVANIS HOTELS S.A.
DASKOTELS ..
DASKOTELS S.A.
, , ..
KOMBATSIARIS BROS AMALTHEIA S.A.
..
ATTIKOS OURANOS S.A.
..
ATEX S.A.
OLYMPIC CATERING ..
OLYMPIC CATERING S.A.
..
KASTELLORIZO S.A.
Total
(%)
Pre-tax profits

Turnover
Assets
2003
2004
2004
2004
7.077
13.421
45.544
58.579
3.460
9.726
14.609
38.276
3.944
6.220
9.375
21.493
2.591
5.796
25.087
42.332
6.310
4.031
24.419
168.754
511
3.711
33.505
50.856
1.018
3.709
10.391
8.999
1.991
3.704
15.404
24.483
3.230
3.529
23.079
53.584
4.146
2.960
16.570
36.878
1.738
2.886
6.094
3.451
1.628
2.717
15.896
25.548
315
2.663
6.568
20.032
2.078
2.351
1.934
18.669
1.098
2.234
20.023
39.927
2.025
2.018
22.709
9.758
1.581
1.952
5.627
8.795
1.468
1.889
3.115
4.671
1.208
1.842
41.754
33.499
1.451
1.835
10.316
14.141
48.868
79.193
352.021
682.726
28,54
36,43
20,26
16,95
129
www.icap.gr
B.VII.9 : 20 2003 2004

2004
( 000)
B.VII.9 Hotels and Restaurants: The Top-20 Companies Reporting Losses in 2003 and 2004
( 000)
Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
CLUB MEDITERRANEE ..
CLUB MEDITERRANEE HELLAS S.A.
UNET A..
UNET S.A.
FOOD PLUS A.E.B.E.
FOOD PLUS S.A.
..
GREEK HOTELS AEGEOU S.A.
..
ATTIKOS ILIOS S.A.
YES .E.
YES S.A.
..
AKS HOTELS S.A.
..
SOUTH TOURIST ENTERPRISES S.A.
..
LOUTRA KYLLINIS S.A.
..
ATLANTICA HELLAS S.A.
..
ESPERIA S.A.
..
OLYMPIOS ZEFS S.A.
..
IONIAN HOTEL ENTERPRISES S.A.
..
ELOUNDA S.A.
..
MIRABELLO S.A.
...
ELLINIKI TECHNIKI XENODOCHEIAKI S.A.
....
LANDA S.A.
.E.
ARGOLIKOS ILIOS S.A.
..
HAPPYMAG HELLAS S.A.
..
KLEOVOULOS S.A.
Total
(%)
130
Losses

Turnover
Assets
2003
2004
2004
2004
-4.264
-9.428
19.086
63.091
-1.456
-6.074
15.611
12.984
-6.777
-5.174
36.318
19.914
-921
-4.081
3.266
2.702
-5.680
-3.898
14.218
149.267
-1.994
-3.778
1.945
27.967
-2.810
-3.422
9.328
44.300
-2.175
-2.982
9.900
51.848
-1
-2.829
8.700
101.153
-2.199
-2.268
14.842
61.127
-2.987
-2.144
28.773
51.767
-1.083
-1.835
11.970
19.138
-4.360
-1.766
47.289
262.820
-1.684
-1.696
9.766
38.635
-811
-1.684
810
23.152
-944
-1.677
2.512
16.843
-1.364
-1.529
4.993
22.413
-1.275
-1.434
4.160
27.515
-1.065
-1.383
4.325
25.534
-696
-1.187
2.674
7.872
-44.549
-60.268
250.487
1.030.044
24,96
28,82
21,51
23,46
/Company
2006
B.VII.10 : 20 : 2004

( 000)
B.VII.10 Hotels and Restaurants: The Top-20 Companies: 2004

( 000)

Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Assets
Turnover
Company
..
IONIAN HOTEL ENTERPRISES S.A.
...
ASTIR PALACE VOULIAGMENI S.A.
..
HELIOS S.A.
..
ATTIKOS ILIOS S.A.
....
ALDEMAR S.A.
, ., & ..
KIPRIOTIS, G., & SONS S.A.
..
LAMPSA HELLENIC HOTELS CO. S.A.
MAHO A.E.
MAHO S.A.
..
LOUTRA KYLLINIS S.A.
..
LOUIS HOTELS S.A.
....
FAIAX S.A.
..
OLYMPIC HOLIDAYS S.A.
CO. - ..
MITSIS CO. S.A.
..... ..
E.P.T.E.A. S.A.
CLUB MEDITERRANEE ..
CLUB MEDITERRANEE HELLAS S.A.
..
CAPSIS TOURIST COMPLEX S.A.
..
ATLANTICA HELLAS S.A.
..
CARAVEL HOTELS S.A.
..
SANI S.A.
..
SOUTH TOURIST ENTERPRISES S.A.
Total
20
Top-20 share

Pre-tax profits
2003
2004
2003
2004
2003
2004
276.406
262.820
27.208
47.289
-4.360
-1.766
158.280
186.857
20.999
22.675
-155
845
155.910
168.754
28.684
24.419
6.310
4.031
113.027
149.267
10.176
14.218
-5.680
-3.898
139.346
137.361
26.963
23.818
2.025
473
75.922
106.796
15.380
18.115
-3.395
143
94.747
102.716
15.583
30.498
-4.930
2.913
99.624
101.269
7.912
7.472
159
101
40.223
101.153
247
8.700
-1
-2.829
73.130
76.141
28.417
27.562
-3.048
-648
60.638
69.350
18.814
20.367
-950
1.014
66.596
67.009
7.821
9.398
-4.098
-720
75.705
66.477
28.092
21.380
1.360
-6.200
61.274
65.327
8.990
8.236
240
-490
58.178
63.091
28.050
19.086
-4.264
-9.428
61.086
61.843
16.284
15.761
660
196
59.960
61.127
10.403
14.842
-2.199
-2.268
55.290
58.579
35.440
45.544
7.077
13.421
53.642
53.584
20.302
23.079
3.230
3.529
45.593
51.848
10.298
9.900
-2.175
-2.982
412.359
-14.196
-4.562
14,21
195,12
1.824.578
24,23
2.011.368 366.065
23,89
13,56
131
www.icap.gr
B.VIII
SECTION B.VIII

TRANSPORT AND COMMUNICATIONS
/
Code
/
Companies
, &
Transport, storage and communication
964

Land transport

Land transport; transport via pipelines
60
103

Water transport

Water transport
61
34

Air transport

Air transport
62
17

Supporting
and
auxiliary
transport
activities; activities of travel agencies
63
705
&
Post & telecommunications
64
105
/ Sectors

Transport and communications

Post and telecommunications
132
2006
B.VIII.1 : I: 2003-2004
( 000)
B.VIII.1 Transport and Communications: Consolidated Balance Sheets: 2003-2004

( 000)
/ Magnitude
2003
2004
29.451.762
31.467.164
6,84
21.695.903
23.587.258
8,72
/ Participations
2.476.450
2.868.131
15,82
/ Current assets
/ Assets
/ Net fixed assets
7.755.860
7.879.907
1,60
/ Inventories
288.629
315.483
9,30
/ Receivables
5.948.167
5.942.527
-0,09
/ Securities
/ Cash
/ Equity
746.098
602.009
-19,31
1.519.064
1.621.896
6,77
29.451.762
31.467.164
6,84
11.549.794
12.120.842
4,94
9.815.094
10.528.304
7,27
/ Reserves
7.176.884
7.839.917
9,24
962.073
979.521
1,81
/ Liabilities
16.939.895
18.366.801
8,42
/ Long-term
10.498.385
10.630.997
1,26
/ Short-term
6.441.510
7.735.804
20,09
964
964
0,00
/ Companies
: 2004
( )
Assets

Equity

Transport and Communications
17,0%

Other Sectors
83,0%
Liabilities

15,5%

Other Sectors
84,5%

17,9%

Other Sectors
82,1%
133
www.icap.gr
B.VIII.2 : : 2003-2004
( 000)
B.VIII.2 Transport and Communications: Consolidated Income Statements: 2003-2004

( 000)
/ Magnitude
2003
2004
11.411.978
12.334.126
8,08
/ Gross profits
2.842.410
2.667.912
-6,14
1.994.000
2.175.616
9,11
530.662
589.072
11,01
/ Operating income
612.664
239.137
-60,97
11.319
-184.315
1.546.482
1.715.412
10,92
604.523
26.618
-95,60
/ Income tax
552.695
408.285
-26,13
/ Dividends
431.163
740.072
71,65
964
964
0,00
/ Turnover
/ Depreciation
/ Pre-tax profits
/ Companies
: 2004
( )


Turnover

Gross Profits

8,5%

Other Sectors
91,5%
134
Dividends

8,9%

Other Sectors
91,1%

18,2%

Other Sectors
81,8%
2006
B.VIII.3 : : 2003-2004
B.VIII.3 Transport and Communications: Financial Ratios: 2003-2004
/ Indices
2003
2004
73,67
74,96
1,47
1,52
0,58
0,58
2,14
1,05
0,40
0,40
12
11
114
106
116
108
1,19
1,10
1,15
1,06
0,38
0,32
24,91
21,63
5,37
1,94
5,30
0,22
5,38
0,22
3,97
2,02
276
369
145
31
964
964

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
135
www.icap.gr
B.VIII.4 : I: 20041

( 000)
B.VIII.4 Transport and Communications: Consolidated Balance Sheet: 20041

( 000)
/ Employees
/ Magnitude
/ Assets
/ Net fixed assets
10-49
50-249
250+
639.317
3.783.266
1.739.779
25.225.058
413.590
2.749.470
987.641
19.386.479
/ Participations
61.788
34.357
205.798
2.566.176
/ Current assets
225.727
1.033.796
752.138
5.838.579
/ Inventories
5.408
8.563
7.956
293.113
/ Receivables
4.359.496
174.310
781.823
607.974
/ Securities
10.565
9.074
75.503
504.828
/ Cash
46.009
243.410
136.207
1.185.970
639.317
3.783.266
1.739.779
25.225.058
339.218
1.566.702
885.943
9.293.031
348.159
769.961
583.478
8.801.269
/ Reserves
142.571
889.314
445.240
6.345.724
6.427
18.103
16.033
938.713
14.993.314

/ Equity
/ Liabilities
293.672
2.198.461
837.803
/ Long-term
53.302
1.271.864
125.837
9.169.738
/ Short-term
240.369
926.597
711.966
5.823.576
1.432
7.241
7.681
68.805
416
347
82
39
/ Employees
/ Companies
1
1
2004
: 2004
Shares in Transport and Communications Totals: 2004
Assets

Equity
<=9
2,0%
<=9
2,8%
10-49
12,1%
136
<=9
1,6%
10-49
13,0%
10-49
12,0%
50-249
4,6%
50-249
5,5%
250+
80,4%
Liabilities
50-249
7,3%
250+
76,9%
250+
81,8%
2006
B.VIII.5 : : 20041

( 000)
B.VIII.5 Transport and Communications: Consolidated Income Statement: 20041

( 000)
/ Employees
/ Magnitude
10-49
50-249
250+
277.446
1.286.195
1.226.779
9.515.143
/ Gross profits
55.377
252.081
276.674
2.075.084
56.061
212.208
293.137
1.606.820
5.244
57.344
15.323
510.837
/ Operating income
902
21.185
-4.474
220.233
12.257
19.353
1.142
-216.819
/ Depreciation
27.803
107.414
79.629
1.497.912
/ Pre-tax profits
3.048
38.582
-3.833
-11.553
/ Turnover
/ Income tax
3.989
16.191
15.935
371.321
/ Dividends
4.374
26.076
15.111
693.238
/ Employees
1.432
7.241
7.681
68.805
416
347
82
39
/ Companies
1
1
2004
: 2004

Turnover
<=9
2,3%

Gross Profits
<=9
2,1%
10-49
10,5%
Dividends
10-49
<=9
3,5% 50-249
0,6%
2,0%
10-49
9,5%
50-249
10,4%
50-249
10,0%
250+
77,2%
250+
78,0%
250+
93,9%
137
www.icap.gr
B.VIII.6 : : 20041

B.VIII.6 Transport and Communications: Financial Ratios: 20041
/ Indices
/ Employees
9
10-49
50-249
250+
64,69
72,67
56,77
76,85
0,87
1,40
0,95
1,61
0,46
0,58
0,48
0,59
1,58
1,67
0,75
0,98
0,46
0,35
0,74
0,39
14
139
118
132
100
192
132
138
98
0,93
1,11
1,08
1,11
0,91
1,10
1,07
1,06
0,26
0,30
0,30
0,32
19,96
19,60
22,55
21,81
0,33
1,65
-0,36
2,31
1,10
3,00
-0,31
-0,12
0,99
2,50
-0,44
-0,13
1,38
2,60
0,69
2,04
289
380
129
282

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
446
522
227
367
194
178
160
138
39
35
36
30
/ Companies
416
347
82
39
138
2006
B.VIII.7 : : 2004
( 000)
B.VIII.7 Transport and Communications: The Basic Magnitudes of Companies Reporting Profits and
Losses: 2004
( 000)
Reporting Profits
Magnitude
Reporting Losses
11.088.577
20.378.587
Assets

7.100.687
16.486.571
Net fixed assets
3.987.890
3.892.017
Current assets

4.594.950
7.525.893
Equity
6.291.362
12.075.439
Liabilities

7.954.273
4.379.853
Turnover

2.956.373
-288.461
Gross profits

1.230.418
-991.281
Operating income

1.235.578
-1.208.960
Pre-tax profits
605
359
Companies
: 2004
Assets
Liabilities
Reporting Profits
35,2%
Reporting Profits
34,3%
Reporting Losses
64,8%

Turnover
Reporting Profits
64,5%
Reporting Losses
65,7%
Reporting Losses
35,5%
139
www.icap.gr
B.VIII.8 : 20 2003 2004

2004
( 000)
B.VIII.8 Transport and Communications: The Top-20 Companies Reporting Profits in 2003 and 2004
( 000)
Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

/Company
VODAFONE - ....
VODAFONE - PANAFON HELLENIC TELECOMMUNICATIONS COMPANY S.A.
COSMOTE ..
COSMOTE MOBILE TELECOMMUNICATIONS SERVICES S.A.
TIM ....
TIM HELLAS TELECOMMUNICATIONS S.A.
..
PIRAEUS PORT AUTHORITY S.A.
() ..
HELLENIC POST (ELTA) S.A.
..
PROENTASSI S.A.
...
MINOAN LINES SHIPPING S.A.
..
AEGEAN AIRLINES S.A.
BLUE STAR FERRIES ..
BLUE STAR FERRIES MARITIME S.A.
BLUE STAR ..
BLUE STAR SHIPPING S.A.
..
ATTIKES DIADROMES S.A.
..
THESSALONIKI PORT AUTHORITY S.A.
OTE GLOBE ..
OTE GLOBE S.A.
COSMOTELCO ..
COSMOTELCO TELECOMMUNICATION SERVICES S.A.
SARMED - ..
SARMED - HELLENIC WAREHOUSES SARANTITIS S.A.
.. (....)
ANONIMI NAFTILIAKI ETERIA KRITIS S.A. (A.N.E.K. LINES)
..
OTENET S.A.
.. &
PROODOS S.A. HELL. & INTL TRANSPORT CO.
..
PRISMA TECHNICS S.A.
..
NBG REAL ESTATE DEVELOPMENT S.A.
Total
(%)
140
Pre-tax profits

Turnover
Assets
2003
2004
2004
2004
354.371
435.587
1.683.270
1.674.881
360.490
431.367
1.470.349
1.611.454
134.961
104.506
835.820
903.593
30.546
23.082
148.892
262.766
25.170
18.316
500.167
632.265
2.931
13.767
375
17.635
3.572
9.510
191.537
814.177
6.119
9.416
279.531
138.433
7.533
9.183
81.691
577.257
4.073
7.735
41.745
539.502
3.856
7.298
42.392
19.657
4.687
7.085
45.782
115.011
6.575
6.859
85.443
101.672
2.117
6.255
27.870
53.889
4.592
5.689
10.131
30.336
4.093
4.553
186.371
540.061
3.877
4.545
69.588
40.550
6.153
4.472
112.226
36.543
6.365
4.186
5.550
18.330
10.806
4.150
14.783
327.104
982.887
1.117.560
5.833.514
8.455.115
66,66
90,45
73,34
76,25
2006
B.VIII.9 : 20 2003 2004

2004
( 000)
B.VIII.9 Transport and Communications: The Top-20 Companies Reporting Losses in 2003 and 2004
( 000)
Rank /Company
Losses
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
(...) ..
HELLENIC RAILWAYS ORGANIZATION S.A.
... ..
THERMAL BUSES S.A.
- () ..
ATHENS - PIRAEUS ELECTRIC RAILWAYS CO. (ISAP) S.A.
..
ILPAP S.A.
..
ATTIKO METRO S.A.
..
TELLAS TELECOMMUNICATIONS S.A.
..
INTERSAT S.A.
ALTEC TELECOMS ..
ALTEC TELECOMS S.A.
INTERJET ..
INTERJET S.A.
VIVODI ..
VIVODI TELECOMMUNICATIONS S.A.
..
ASTAKOS TERMINAL S.A.
NET ONE A.E.
NET ONE S.A.
...
HELLAS WINGS LTD
& ..
GREEK RESEARCH & TECHNOLOGY NETWORK S.A.
COM-TO NET ..
COM-TO NET S.A.
UNITEL HELLAS ....
UNITEL HELLAS S.A.
NOBIL OIL A.E.
NOBIL OIL S.A.
..
VERNICOS AVIATION S.A.
NETFON ..
NETFON S.A.
SPEEDEX ..
SPEEDEX S.A.
Total
(%)

Turnover
Assets
2003
2004
2004
2004
-473.018
-576.059
88.836
5.942.735
-159.137
-167.343
106.133
255.643
-25.816
-74.552
41.434
524.823
-31.843
-55.909
20.439
149.589
-60.197
-42.040
62.566
3.214.947
-54.504
-21.525
109.581
156.931
-132
-13.775
34.367
-7.325
-8.924
17.335
15.867
-590
-4.840
8.577
21.303
-2.964
-1.884
14.691
49.119
-1.454
-1.829
180
64.543
-2.291
-1.683
3.450
4.767
-112
-1.496
553
193
-297
-1.470
13.372
18.287
-646
-1.108
1.560
6.434
-852
-1.075
4.396
16.321
-246
-1.008
20.294
7.525
-651
-984
6.108
2.866
-356
-914
7.185
2.615
-1.875
-895
26.848
15.404
-824.306
-979.312
553.536
10.504.280
94,76
81,00
12,64
51,55
141
( 000)
B.VIII.10 Transport and Communications: Assets and Liabilities of its Sectors: 2004
Sector

Land transport

Water transport

Air transport


Total
Companies
Assets
( 000)

Net fixed assets
Current assets
Inventories

Equity
Liabilities
103
10.669.904
9.308.428
1.361.475
180.550
3.666.332
6.810.274
34
3.122.858
2.338.929
783.928
16.377
1.145.242
1.958.851
17
202.584
108.637
93.947
7.424
62.642
132.420
705
4.754.052
3.361.747
1.392.305
18.021
2.364.256
2.339.511
105
12.717.768
8.469.517
4.248.251
93.111
4.882.370
7.125.745
964
31.467.164
23.587.258
7.879.907
315.483
12.120.842
18.366.801
142
B.VIII.10 : : 2004
B.VIII.11 : : 2004
(% )
B.VIII.11 Transport and Communications: Rates of Change in Assets and Liabilities of its Sectors: 2004
Sector

Land transport

Water transport

Air transport


Total
Assets
(annual % change)

Net fixed assets

Current assets
Inventories

Equity
Liabilities
24,86
25,08
23,37
15,42
30,93
22,63
1,54
-3,19
18,91
2,93
-1,10
2,95
-8,10
-22,37
16,71
12,65
16,29
-16,66
5,43
8,83
-1,95
7,59
6,83
4,44
-2,93
-1,62
-5,44
0,18
-8,31
0,58
6,84
8,72
1,60
9,30
4,94
8,42
www.icap.gr
( 000)
B.VIII.12 Transport and Communications: Consolidated Income Statements of its Sectors: 2004
( 000)
Administrative,
distribution &
selling expenses
Sector
Companies
Turnover
Gross Profits
103
515.209
-586.767
165.069
34
739.752
195.587
17
326.188
705

Land transport

Water transport

Air transport
. .

Total
, .
Interest
charges, etc.
Operating
income
Non-operating
income
Pre-tax profits
Dividends
283.686
-902.683
-11.635
-915.646
2.841
114.138
59.804
32.855
-5.032
20.312
24.335
73.597
63.182
4.256
8.703
-2.901
5.802
2.448.276
430.602
390.137
58.360
62.778
41.475
99.116
48.942
105
8.304.701
2.554.894
1.443.090
182.966
1.037.484
-206.222
817.034
663.954
964
12.334.126
2.667.912
2.175.616
589.072
239.137
-184.315
26.618
740.072
B.VIII.12 : : 2004
B.VIII.13 : : 2004
(% )
B.VIII.13 Transport and Communications: Rates of Change in the Consolidated Income Statements of its Sectors: 2004
(annual % change)
Administrative,
distribution &
selling expenses
Sector
Turnover
Gross Profits
11,93
13,63
13,68
1,09
-5,48
23,62
KZ
ZZ+
LP
PL
LL+
:
:
:
:
2004, 2003
2004, 2003

Interest
charges, etc.
Dividends
+
L+
7,04
-0,98
-10,74
0,15
-26,22
0,04
17,16
22,29
-20,53
10,01
Non-operating
income
PL
PL
PL
Pre-tax profits
9,50
Operating
income
+
L+
-39,58
15,95
3,30
10,29
90,13
-38,11
-13,42
4,04
5,87
-4,39
8,66
8,56
-17,54
-31,77
85,91
8,08
-6,14
9,11
11,01
-60,97
154,94
+
L+
PL
-95,60
71,65

Decrease in Losses
Increase in Losses
143
2006

Land transport

Water transport

Air transport


Total
, .

Sector

Land transport

Water transport

Air transport


Total
()
()
Debt to equity
Inventory turnover
Days sales
(days)
outstanding
2003
2004
2003
2004
2003
2004
()
Payable deferral
period (days)
2003
2004
(%)
Companies
(%)
2003
2004
2003
2004
103
103
87,09
87,24
1,98
1,86
59
56
310
365
75
97
1,33
1,00
34
34
78,56
74,90
1,64
1,71
11
11
75
75
79
65
0,96
1,00
17
17
63,48
53,63
2,95
2,11
11
10
61
54
91
66
0,74
0,84
705
705
68,51
70,71
1,01
0,99
124
113
116
102
1,44
1,32
105
105
65,71
66,60
1,33
1,46
105
93
128
119
1,15
1,10
964
964
73,67
74,96
1,47
1,52
12
11
114
106
116
108
1,19
1,10
144
B.VIII.14 : , : 2003-2004
B.VIII.14 Transport and Communications: Capital Structure, Operating activity and Liquidity Financial Ratios of its Sectors: 2003-2004
Current ratio
2003
2004
B.VIII.15 : : 2003-2004
B.VIII.15 Transport and Communications: Profitability and Return Financial Ratios of its Sectors: 2003-2004
Sector
Companies
2003

Land transport

Water transport

Air transport


Total
2004

(%)
(%)
Gross profit margin Operating profit margin
(%)
(%)
2003
2004
2003
2004
(%)
(%)
Net profit margin
Return on equity
(%)
(%)
2003
2004
2003
2004
(%)
Return on assets
(%)
2003
2004
103
103
-112,18
-113,89
-171,11
-175,21
-161,77
-177,72
-26,88
-28,32
-6,01
-6,58
34
34
28,28
26,44
4,48
4,44
3,76
2,75
2,30
1,76
3,06
2,59
17
17
23,81
22,56
3,00
2,67
3,64
1,78
25,48
9,96
6,75
4,76
705
705
19,74
17,59
4,80
2,56
5,42
4,05
5,41
4,33
3,41
3,40
105
105
34,06
30,76
16,04
12,49
15,27
9,84
23,38
16,01
10,56
7,75
964
964
24,91
21,63
5,37
1,94
5,30
0,22
5,38
0,22
3,97
2,02
www.icap.gr
2006
B.VIII.16 : 20 : 2004

( 000)
B.VIII.16 Transport and Communications: The Top-20 Companies in Land Transport: 2004
( 000)

Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
(...) ..
HELLENIC RAILWAYS ORGANIZATION S.A.
..
ATTIKO METRO S.A.
- () ..
ATHENS - PIRAEUS ELECTRIC RAILWAYS CO. (ISAP) S.A.
..
TRAM S.A.
... ..
THERMAL BUSES S.A.
..
ILPAP S.A.

"....." ..
ATHENS AIRPORT FUEL PIPELINE COMPANY "A.A.F.P.C." S.A.
..
MAKIOS S.A.
..
UNION S.A.
...
ZORPIDIS TRAVEL S.A.
, ., ..
TSOKAS, G., S.A.
EUROFRIGO ..
EUROFRIGO S.A.
..
OLYMPIAS TRANS S.A.
..
EFAM S.A.
..
ALMATRANS S.A.
..
VLAZAKIS S.A.
..
DESPE TRANSPORTS S.A.
..
OKIALOS S.A.
..
SAMARAS LARISSAIKI S.A.
..
SIDIROPOULOS TRANSPORT S.A.
Total
20
Top-20 share
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
4.738.977
5.942.735
82.450
88.836
2.727.761
3.214.947
36.460
62.566
-60.197
-42.040
423.886
524.823
38.049
41.434
-25.816
-74.552
209.421
417.603
1.513
531
-6.804
195.400
255.643
105.138
106.133
96.571
149.589
20.350
20.439
-31.843
-55.909
28.869
26.377
2.219
-191
15.577
17.012
15.286
18.688
638
859
5.009
6.416
5.084
5.151
224
104
4.604
6.229
6.397
8.119
560
717
4.506
5.307
3.269
4.868
11
888
4.982
4.939
5.590
5.798
1.164
624
4.725
4.460
4.790
6.307
321
222
3.162
4.226
3.595
3.736
-259
-201
2.873
4.059
5.228
6.814
4.011
3.889
3.436
3.656
141
-258
3.084
3.138
6.192
5.177
-299
2.340
3.011
1.918
2.922
90
3.049
2.958
2.163
2.479
146
330
2.859
2.870
4.581
4.880
60
75
-473.018 -576.059
-159.137 -167.343
8.481.665 10.600.231 349.976 401.736 -746.682 -919.527

99,26
99,35
76,03
77,98
100,27
100,42
145
www.icap.gr
B.VIII.17 : 20 : 2004

( 000)
B.VIII.17 Transport and Communications: The Top-20 Companies in Water Transport: 2004
( 000)

Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
...
MINOAN LINES SHIPPING S.A.
BLUE STAR FERRIES ..
BLUE STAR FERRIES MARITIME S.A.
.. (....)
ANONIMI NAFTILIAKI ETERIA KRITIS S.A. (A.N.E.K. LINES)
BLUE STAR ..
BLUE STAR SHIPPING S.A.
HELLAS FLYING DOLPHINS "HELLENIC SEAWAYS" ...
HELLAS FLYING DOLPHINS MARITIME "HELLENIC SEAWAYS" S.A.
..
MARITIME CO. OF LESVOS S.A.
DOLPHIN ..
DOLPHIN HELLAS SHIPPING S.A.
..
HERACLES SHIPPING CO. S.A.
..
LASSITHIOTIKI SHIPPING S.A.
..
SHIPPING AND TRANSPORT CO. OF ZAKYNTHOS S.A.
..
HELLENIC MEDITERRANEAN LINES CO. S.A.
..
SHIPPING CO. OF THASSOS S.A.
...
DIMITRA SPECIAL SHIPPING S.A.
BLUE SKY ..
BLUE SKY S.A.
..
ANEN LINES S.A.
...
WHITE KNIGHT MARITIME S.A.
..
ANENDYK S.A.
.... ..
A.N.E.S. S.A.
...
MYKONOS SHIPPING CO. S.A.
..
KALYMNOS MARITIME CO. S.A.
Total
20
Top-20 share
146
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
880.866
814.177
193.586
191.537
3.572
9.510
497.161
577.257
73.208
81.691
7.533
9.183
542.835
540.061
171.768
186.371
4.093
4.553
502.140
539.502
47.542
41.745
4.073
7.735
290.016
301.377
132.067
122.918
7.179
-7.059
200.702
191.488
57.371
49.334
3.029
-7.771
26.775
25.819
5.584
10.125
-1.215
355
23.476
22.172
17.005
19.829
-1.746
716
20.187
19.497
8.586
9.297
-873
239
16.664
18.245
4.457
6.535
732
125
12.211
13.723
141
585
-234
199
8.639
10.493
3.968
3.515
743
254
15.913
7.925
892
-710
2.076
2.536
7.841
-121
-6
5.446
5.467
1.990
1.907
-133
-57
5.356
5.325
198
325
-35
-144
4.882
4.573
1.383
1.332
420
148
2.642
2.852
2.059
2.678
-68
25
2.550
2.328
3.770
2.781
116
148
1.739
1.881
1.670
1.949
266
760
3.062.738 3.112.002 726.360 735.350 26.620

99,59
99,65
99,26
99,40
96,70
20.990
103,34
2006
B.VIII.18 : 17 :2004

( 000)
B.VIII.18 Transport and Communications: The Top-17 Companies in Air Transport: 2004
( 000)

Assets
Turnover
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
..
AEGEAN AIRLINES S.A.
INTERJET ..
INTERJET S.A.
..
PRISMA TECHNICS S.A.
AIR GREECE ..
AIR GREECE S.A.
INTERJET ..
INTERJET HELICOPTERS S.A.
..
VERNICOS AVIATION S.A.
AIR INTERSALONIKA ..
AIR INTERSALONIKA S.A.
TRANS WORLD AVIATION HELLAS ..
TRANS WORLD AVIATION HELLAS S.A.
AIR LIFT ...
AIR LIFT S.A.
AVIATOR ...
AVIATOR AIRWAYS S.A.
MEDITERRANEAN AIR FREIGHT ..
MEDITERRANEAN AIR FREIGHT S.A.
..
SCANAIR INTERNATIONAL AIRLINES S.A.
..
AEROPLOIA MESSOGEIOU ANAPTYXI TOURISMOS S.A.
...
HELLAS WINGS LTD
..
IONIES AEROEFARMOGES S.A.
& ..
SUN AIR S.A.
..
DIANISSIOTIKES AEROGRAMMES S.A.
Total
17
Top-17 share

Pre-tax profits
2003
2004
2003
2004
2003
2004
142.956
138.433
223.124
279.531
6.119
9.416
46.949
21.303
8.946
8.577
-590
-4.840
6.029
18.330
5.944
5.550
6.365
4.186
3.587
10.197
32
17
-338
296
7.518
3.411
1.903
3.529
-1.014
-707
3.102
2.866
6.225
6.108
-651
-984
1.944
2.076
1.240
1.590
36
96
2.748
2.058
12.547
16.206
137
97
1.040
1.368
1.058
1.231
-72
-16
652
705
1.095
1.045
39
549
631
373
1.581
-193
-94
351
408
304
646
-2
-37
313
253
-31
-69
2.332
193
874
553
-112
-1.496
186
177
55
-28
-42
138
133
-12
-5
44
44
144
14
-49
-3
220.438
202.584
263.868
326.188
9.603
5.802
100,00
100,00
100,00
100,00
100,00
100,00
147
www.icap.gr
B.VIII.19 : 20
: 2004

( 000)
B.VIII.19 Transport and Communications: The Top-20 Companies in Auxiliary Transport Activities: 2004
( 000)

Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
ATTIKI ODOS S.A.
...... ..
G.E.F.Y.R.A. S.A.
..
NBG REAL ESTATE DEVELOPMENT S.A.
..
PIRAEUS PORT AUTHORITY S.A.
..
THESSALONIKI PORT AUTHORITY S.A.
..
ASTAKOS TERMINAL S.A.
(...) ..
NATIONAL ROAD CONSTRUCTION TREASURY (T.E.O.) S.A.
MEDITERRANEAN SHIPPING COMPANY ..
MEDITERRANEAN SHIPPING COMPANY GREECE S.A.
..
SEA ATTIKOI STATHMOI S.A.
..
ATHINAIKOI STATHMOI AFTOKINITON S.A.
.. &
PROODOS S.A. HELL. & INTL TRANSPORT CO.
..
OLYMPIC FUEL COMPANY S.A.
SARMED - ..
SARMED - HELLENIC WAREHOUSES SARANTITIS S.A.
TRANSCOMBI EXPRESS ..
TRANSCOMBI EXPRESS S.A.
, , ..
BEINOGLOU, ORPHEE, INTL FORWARDERS S.A.
....
SEIRIOS S.A.
.. - ... ..
PANTECHNIKI S.A. - ARCHITECH S.A.
..
PATRA PORT AUTHORITY S.A.
TUI HELLAS ..
TUI HELLAS S.A.
..
ATTIKES DIADROMES S.A.
Total
20
Top-20 share
148
Assets
Turnover

Pre-tax profits
2003
2004
2003
2004
2003
2004
1.375.867
1.370.704
71.492
160.231
-1.548
730.608
827.648
16.412
1.023
336.395
327.104
13.752
14.783
10.806
4.150
248.285
262.766
142.362
148.892
30.546
23.082
112.371
115.011
40.242
45.782
4.687
7.085
38.401
64.543
304
180
-1.454
-1.829
88.122
63.426
105.003
113.429
1.481
-22.003
21.520
38.783
31.147
40.014
2.831
3.159
32.067
38.684
1.076
2.116
83
-2.016
20.431
37.371
1.051
3.466
-295
-394
35.917
36.543
109.216
112.226
6.153
4.472
37.260
33.847
12.975
13.162
3.230
3.562
25.600
30.336
8.679
10.131
4.592
5.689
22.377
27.804
9.598
10.508
669
186
21.955
25.070
34.012
40.671
236
909
23.823
24.819
12.845
13.534
2.373
2.585
12.901
24.748
279
-152
-645
22.154
24.366
8.038
7.126
943
189
17.909
20.011
61.440
74.350
4.150
3.277
16.143
19.657
22.095
42.392
3.856
7.298
869.683
74.734
38.229
35,52
65,28
38,57
3.240.108 3.413.240 685.329

71,86
71,80
32,46
2006
B.VIII.20 : 20
: 2004

( 000)
B.VIII.20 Transport and Communications: The Top-20 Companies in Post and Telecommunications: 2004
( 000)

Assets
Turnover
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
HELLENIC TELECOMMUNICATIONS ORGANIZATION S.A.
VODAFONE - ....
VODAFONE - PANAFON HELLENIC TELECOMMUNICATIONS
COMPANY S.A.
COSMOTE ..
COSMOTE MOBILE TELECOMMUNICATIONS SERVICES S.A.
TIM ....
TIM HELLAS TELECOMMUNICATIONS S.A.
() ..
HELLENIC POST (ELTA) S.A.
..
TELLAS TELECOMMUNICATIONS S.A.
FORTHNET ..
FORTHNET S.A.
OTE GLOBE ..
OTE GLOBE S.A.
- ..
LANNET COMMUNICATIONS S.A.
MEDITERRANEAN NAUTILUS GREECE A.E.
MEDITERRANEAN NAUTILUS GREECE S.A.
COSMOTELCO ..
COSMOTELCO TELECOMMUNICATION SERVICES S.A.
VIVODI ..
VIVODI TELECOMMUNICATIONS S.A.
..
OTENET S.A.
TELEPASSPORT (HELLAS) A.E.
TELEPASSPORT (HELLAS) S.A.
..
INTERSAT S.A.
OTESAT - MARITEL ..
OTESAT - MARITEL S.A.
A.C.S. ..
A.C.S. S.A.
..
ATTICA TELECOM S.A.
TELEDOME A.E.&B.E.
TELEDOME S.A.
..
MEDITERRANEAN BROADBAND ACCESS S.A.
Total
20
Top-20 share
2003
2004
7.664.793
6.789.174
1.419.469
2003

Pre-tax profits
2004
2003
2004
3.118.852 2.846.760
381.274
-133.728
1.674.881
1.473.712 1.683.270
354.371
435.587
1.486.418
1.611.454
1.254.066 1.470.349
360.490
431.367
941.217
903.593
803.682
835.820
134.961
104.506
620.914
632.265
462.761
500.167
25.170
18.316
119.467
156.931
44.029
109.581
-54.504
-21.525
114.941
119.065
63.151
76.068
299
2.177
61.371
101.672
53.730
85.443
6.575
6.859
88.847
82.042
58.542
68.638
1.116
-11.038
60.128
62.513
7.630
9.462
449
999
39.870
53.889
12.571
27.870
2.117
6.255
33.157
49.119
8.387
14.691
-2.964
-1.884
42.624
40.550
58.601
69.588
3.877
4.545
29.571
36.572
38.351
50.324
1.711
711
43.220
34.367
-132
-13.775
28.866
29.779
18.580
19.706
39
896
26.130
26.708
88.230
62.833
1.310
-5.868
18.511
26.148
1.457
4.981
-568
751
19.915
23.975
24.059
35.486
1.297
2.906
20.315
21.743
1.500
2.734
-356
139
12.879.744 12.476.440 7.591.892 7.973.771 1.216.534 828.196

98,31
98,10
96,78
96,02
101,59
101,37
149
www.icap.gr
B.IX
SECTION B.IX

BANKING, INSURANCE, AND FINANCE
/ Code
/
Companies
678
,

Financial intermediation, except insurance
and pension funding
65
19
Insurance and pension funding, except

compulsory social security
66
195
67
464
/ Sectors

Banking, insurance, and
finance
/
Financial intermediation
1
Banking1
Insurance
/ 2
Other financial services2
Activities auxiliary to financial

intermediation
NACE 65.1 ( ). .
CE activity 65.1 (monetary intermediation) only. Bank of Greece is not included.
2
NACE 67 65.2 ( ).
It also includes NACE activity 65.2 (other financial intermediation).
150
2006
B.IX.1 : I: 2003-2004
( 000)
B.IX.1 Banking: Consolidated Balance Sheets: 2003-2004

( 000)
/ Magnitude
2003
2004
170.082.931
182.293.047
7,18
/ Net fixed assets
3.291.614
3.624.549
10,11
/ Participations
6.452.675
6.626.715
2,70
-18,90
/ Assets
/ Bonds, etc.
35.084.155
28.454.982
/ Receivables from financial institutions
20.213.290
20.058.488
-0,77
() / Loans
95.826.617
112.807.880
17,72
5.455.345
6.613.606
21,23
170.082.931
182.293.047
7,18
11.841.465
12.377.924
4,53
6.856.486
7.772.868
13,37
/ Reserves
5.750.917
5.329.195
-7,33
169.813
249.909
47,17
21.868.397
16.983.037
-22,34
126.389.942
136.154.068
7,73
493.138
885.912
79,65
19
19
0,00
/ Cash reserves at central bank
/ Equity
/ Liabilities to financial institutions

() / Deposits
/ Liabilities from securities
/ Companies
: 2004
Shares in Banking, Insurance, and Finance Totals: 2004
Assets

Equity
Banking
69,6%
Banking
89,2%
Other
10,8%
Other
30,4%
Liabilities
Banking
94,6%
Other
5,4%
151
www.icap.gr
B.IX.2 : : 2003-2004
( 000)
B.IX.2 Banking: Consolidated Income Statements: 2003-2004

( 000)
/ Magnitude
2003
2004
8.037.396
8.599.398
6,99
/ Other operating revenue
1.574.218
1.637.906
4,05
/ Other operating expenses
3.430.256
3.653.632
6,51
/ Operating income
2.737.309
2.901.760
6,01
849.948
1.094.703
28,80
1.478.304
1.309.466
-11,42
/ Dividends
588.863
692.771
17,65
/ Income tax
403.672
422.198
4,59
19
19
0,00
1/Turnover1
/ Provisions
/ Pre-tax profits
/ Companies
1 .
Turnover includes interest and similar income.
: 2004

Turnover
Banking
58,9%
Banking
69,4%
Other
41,1%
152
Dividends
Other
30,6%
2006
B.IX.3 : : 2003-2004
B.IX.3 Banking: Financial Ratios: 2003-2004
/ Miscellaneous Indices
()
Total loans to assets
()
Total deposits to liabilities
(%)
Total loans to total deposits (%)
(%)
2003
2004
0,56
0,62
0,74
0,75
75,82
82,85
13,05
10,81
165
25
19
19
/ Employment
1
Turnover1 per employee

Pre-tax profits per employee
/ Companies
1 .
153
www.icap.gr
B.IX.4 : : 2004
( 000)
B.IX.4 Banking: The Basic Magnitudes of Companies Reporting Profits and Losses: 2004
( 000)
Reporting Profits
Magnitude
Reporting Losses
159.074.878
23.218.169
Assets
96.255.660
16.552.220
Total loans

10.754.517
Equity
117.401.838
Total deposits
1
7.506.543
Turnover1

1.424.028
Other operating revenue

2.733.124
Operating income
756.169
18.752.230
1.092.855
213.878
168.635
338.534
Provisions

1.538.225
1.623.407
Pre-tax profits
-228.759
16
Companies
1 .
: 2004
Shares in Banking Totals: 2004
Assets
Liabilities
Reporting Profits
86,2%
Reporting Profits
87,3%
Reporting Losses
12,7%
154

Turnover
Reporting Profits
87,3%
Reporting Losses
13,8%
Reporting Losses
12,7%
2006
B.IX.5 : 15 2003 2004

2004
( 000)
B.IX.5 Banking: The Top-15 Companies Reporting Profits in 2003 and 2004
( 000)
Rank /Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
ALPHA BANK ..
ALPHA BANK A.E.
EFG EUROBANK ERGASIAS ..
EFG EUROBANK ERGASIAS S.A.
..
NATIONAL BANK OF GREECE S.A.
, , ..
PIRAEUS BANK S.A.
..
AGRICULTURAL BANK OF GREECE S.A.
, , ..
EGNATIA BANK S.A.
, , ..
BANK OF ATTICA S.A.
PROBANK A.E.
PROBANK S.A.
() ..
LAIKI BANK (HELLAS) S.A.
..
OMEGA BANK S.A.
ASPIS BANK ..
ASPIS BANK S.A.
PROTON ..
PROTON INVESTMENT BANK S.A.
MARFIN BANK ...
MARFIN BANK S.A.
..
PANELLINIA BANK S.A.
FBB - ..
FBB - FIRST BUSINESS BANK S.A.
Total
(%)
Pre-tax profits
Turnover1
Assets
2003
2004
2004
2004
356.410
431.539
1.348.632
31.991.788
330.263
422.000
1.777.500
29.773.000
408.721
411.227
2.314.689
48.302.078
111.771
114.159
698.260
15.771.422
132.779
89.593
726.563
19.109.287
27.859
22.762
157.438
2.840.169
26.239
12.733
122.626
2.395.293
1.457
8.603
54.899
1.265.379
4.137
7.161
99.610
2.449.380
490
5.148
44.981
1.038.094
3.698
4.026
82.075
1.900.493
1.465
3.142
2.773
148.238
5.135
2.739
23.500
706.329
1.201
1.297
17.257
340.703
4.007
508
32.344
871.076
1.415.634
1.536.638
7.503.149
158.902.730
99,90
99,95
99,89
92,58
1 .
155
www.icap.gr
B.IX.6 : 2003 2004

2004
( 000)
B.IX.6 Banking: The Companies Reporting Losses in 2003 and 2004

( 000)
Rank /Company
Losses
Turnover1
Assets
NOVABANK ..
NOVABANK SOCIETE ANONYME
Total
(%)
2003
2004
2004
2004
-40.843
-28.865
83.611
1.819.041
-40.843
-28.865
83.611
1.819.041
12,62
7,65
7,83
80,46
1 .
156
2006
B.IX.7 : 19 : 2004

( 000)
B.IX.7 Banking: The Top-19 Companies: 2004

( 000)

Assets
Turnover1
Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
..
NATIONAL BANK OF GREECE S.A.
ALPHA BANK ..
ALPHA BANK A.E.
EFG EUROBANK ERGASIAS S.A.
..
AGRICULTURAL BANK OF GREECE S.A.
..
EMPORIKI BANK OF GREECE S.A.
, , ..
PIRAEUS BANK S.A.
..
GENERAL BANK OF GREECE S.A.
, , ..
EGNATIA BANK S.A.
() ..
LAIKI BANK (HELLAS) S.A.
, , ..
BANK OF ATTICA S.A.
ASPIS BANK ..
ASPIS BANK S.A.
NOVABANK ..
NOVABANK SOCIETE ANONYME
PROBANK A.E.
PROBANK S.A.
..
OMEGA BANK S.A.
FBB - ..
FBB - FIRST BUSINESS BANK S.A.
MARFIN BANK ...
MARFIN BANK S.A.
..
PANELLINIA BANK S.A.
..
INVESTMENT BANK OF GREECE S.A.
PROTON ..
PROTON INVESTMENT BANK S.A.
Total
20

Pre-tax profits
2003
2004
2003
2004
2003
2004
49.116.481
48.302.078
2.203.792
2.314.689
408.721
411.227
29.591.639
31.991.788
1.231.361
1.348.632
356.410
431.539
26.214.530
29.773.000
1.395.796
1.777.500
330.263
422.000
17.831.108
19.109.287
935.244
726.563
132.779
89.593
16.644.282
17.914.682
768.176
811.684
105.699
-43.391
13.991.743
15.771.422
689.124
698.260
111.771
114.159
3.401.104
3.484.447
186.437
197.560
7.733
-156.503
2.595.258
2.840.169
164.497
157.438
27.859
22.762
1.972.029
2.449.380
84.639
99.610
4.137
7.161
2.045.460
2.395.293
113.898
122.626
26.239
12.733
1.847.698
1.900.493
79.453
82.075
3.698
4.026
1.413.335
1.819.041
62.386
83.611
-40.843
-28.865
911.800
1.265.379
33.665
54.899
1.457
8.603
814.772
1.038.094
29.098
44.981
490
5.148
703.160
871.076
25.718
32.344
4.007
508
561.944
706.329
18.473
23.500
5.135
2.739
219.901
340.703
10.934
17.257
1.201
1.297
95.442
172.149
2.623
3.394
-9.918
1.587
111.245
148.238
2.081
2.773
1.465
3.142
170.082.931 182.293.047 8.037.396 8.599.398 1.478.304 1.309.466
100,00
100,00
Top-20 share
1 .
100,00
100,00
100,00
100,00
157
www.icap.gr
B.IX.8 : I: 2003-2004
( 000)
B.IX.8 Insurance: Consolidated Balance Sheets: 2003-2004

( 000)
/ Magnitude
2003
2004
9.743.827
10.779.137
10,63
/ Net fixed assets
848.689
930.194
9,60
/ Participations
607.403
539.500
-11,18
/ Current assets
2.712.142
2.730.357
0,67
/ Receivables
2.405.111
2.426.884
0,91
307.031
303.473
-1,16
9.743.827
10.779.137
10,63
/ Assets
/ Cash
/ Equity
1.574.070
1.712.660
8,80
922.338
1.144.511
24,09
/ Reserves
956.708
984.920
2,95
6.998.517
7.789.868
11,31
/ Liabilities
1.171.240
1.276.609
9,00
/ Long-term
134.621
149.953
11,39
/ Short-term
1.036.619
1.126.656
8,69
195
195
0,00
/ Companies
: 2004
Assets
Insurance
5,3%
Insurance
9,6%
Other
94,7%
158

Equity
Liabilities
Insurance
0,8%
Other
90,4%
Other
99,2%
2006
B.IX.9 : : 2003-2004
( 000)
B.IX.9 Insurance: Consolidated Income Statements: 2003-2004

( 000)
/ Magnitude
/ Turnover
2003
2004
3.309.790
3.601.634
8,82
472.459
390.833
-17,28
/ Gross profits
/ Other operating revenue
29.408
38.530
31,02
316.436
345.536
9,20
18.594
20.794
11,83
/ Operating income
166.837
63.033
-62,22
-34.671
-94.253
-171,85
129.498
-33.681
/ Income tax
45.299
60.323
33,17
/ Dividends
44.028
42.353
-3,80
195
195
0,00
/ Pre-tax profits
/ Companies
: 2004

Turnover
Insurance
24,7%
Dividends
Insurance
4,2%
Other
75,3%
Other
95,8%
159
www.icap.gr
B.IX.10 : : 2003-2004
B.IX.10 Insurance: Financial Ratios: 2003-2004
/ Indices
2003
2004
5,16
5,26
0,36
0,35
2,40
2,19
2,71
2,52
14,27
10,85
5,04
1,75
3,91
-0,94
9,38
-2,05
1,42
-0,33
996
333
36
-3
195
195

Debt to equity


Equity turnover
/ Liquidity

Current ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
/ Companies
160
2006
B.IX.11 : I: 20041

( 000)
B.IX.11 Insurance: Consolidated Balance Sheet: 20041

( 000)
/ Employees
/ Magnitude
/ Assets
10-49
50-249
250+
176.305
1.001.712
2.396.703
7.202.929
/ Net fixed assets
8.509
86.752
238.740
596.159
/ Participations
7.908
14.180
104.535
412.877
/ Current assets
78.946
353.382
884.320
1.412.396
/ Receivables
57.041
294.347
812.941
1.261.902
/ Cash
21.905
59.035
71.379
150.495
176.305
1.001.712
2.396.703
7.202.929
/ Equity
36.904
180.302
418.227
1.076.766
58.879
115.555
314.142
655.459
/ Reserves
12.843
85.261
235.130
651.657
67.460
583.996
1.576.749
5.561.658
/ Liabilities
71.942
237.414
401.727
564.505
/ Long-term
1.309
7.812
34.266
106.567
/ Short-term
70.633
229.603
367.461
457.938
/ Employees
321
1.587
3.352
5.559
/ Companies
87
60
31
10
1
1
2004
: 2004
Shares in Insurance Totals: 2004
Assets
<=9
1,6%

Equity
<=9
2,2%
10-49
9,3%
<=9
5,6%
10-49
10,5%
250+
44,3%
50-249
22,2%
250+
66,8%
Liabilities
10-49
18,6%
50-249
24,4%
250+
62,9%
50-249
31,5%
161
www.icap.gr
B.IX.12 : : 20041

( 000)
B.IX.12 Insurance: Consolidated Income Statement: 20041

( 000)
/ Employees
/ Magnitude
/ Turnover
/ Gross profits
10-49
50-249
250+
53.959
457.379
1.011.139
2.078.562
33.403
82.859
98.713
175.437
868
8.066
7.993
21.603
11.784
38.608
75.569
219.321
422
1.946
7.293
11.128
/ Operating income
22.065
50.371
23.844
-33.409
1.726
-2.109
5.327
-99.203
23.129
48.240
27.394
-132.612
/ Pre-tax profits
/ Income tax
8.155
18.128
11.745
22.235
13.369
16.129
5.781
6.964
/ Employees
321
1.587
3.352
5.559
/ Companies
87
60
31
10
/ Dividends
1
1
2004
: 2004

Turnover
<=9
1,5%

Gross Profits
Dividends
250+
16,5%
<=9
8,6%
10-49
12,7%
250+
44,9%
<=9
31,6%
10-49
21,2%
50-249
13,7%
250+
57,7%
162
50-249
28,1%
50-249
25,3%
10-49
38,2%
2006
B.IX.13 : : 20041

B.IX.13 Insurance: Financial Ratios: 20041
/ Indices
/ Employees
9
10-49
50-249
250+
3,76
4,52
4,70
5,66
0,31
0,56
0,45
0,30
1,81
2,80
2,64
1,95
1,28
1,53
2,53
3,14
61,91
18,12
9,76
8,44
40,89
11,01
2,36
-1,61
42,86
10,55
2,71
-6,38
77,44
29,53
7,14
-12,44
13,11
5,91
1,22
-1,89
549
631
715
1.296
168
288
302
374
104
52
29
32
72
30
-24
87
60
31
10

Debt to equity


Equity turnover
/ Liquidity

Current ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
/ Companies
1
1
2004
163
www.icap.gr
B.IX.14 : : 2004
( 000)
B.IX.14 Insurance: The Basic Magnitudes of Companies Reporting Profits and Losses: 2004
( 000)
Reporting Profits
Magnitude
Reporting Losses
6.978.931
3.800.206
Assets

604.165
326.028
Net fixed assets
1.885.177
845.180
Current assets

1.173.410
539.250
Equity
835.419
441.190
Liabilities

2.530.416
1.071.218
Turnover

379.420
11.413
Gross profits

182.926
-119.892
Operating income

172.783
-206.464
Pre-tax profits
146
49
Companies
: 2004
Assets
Liabilities
Reporting Profits
65,4%
Reporting Profits
64,7%
Reporting Losses
35,3%
164

Turnover
Reporting Profits
70,3%
Reporting Losses
34,6%
Reporting Losses
29,7%
2006
B.IX.15 : 20 2003 2004

2004
( 000)
B.IX.15 Insurance: The Top-20 Companies Reporting Profits in 2003 and 2004
( 000)
Rank
1
2
3
4
5
6
7
8
9
10
11
12

/Company
EFG ..
EFG LIFE S.A.
AMERICAN LIFE INSURANCE CO. (ALICO AIG LIFE)
ALICO AIG LIFE (AMERICAN LIFE INS. CO.)
, , .....
ETHNIKI, THE, HELLENIC GENERAL INSURANCE CO. S.A.
..
INTERAMERICAN PROPERTY & CASUALTY INSURANCE CO. S.A.
...
INTERNATIONAL UNION INSURANCES S.A.
CITIBANK ..
CITIBANK INSURANCE AGENT S.A.
EFG ....
EFG INSURANCE S.A.
ALPHA ..
ALPHA INSURANCE COMPANY A.E.
ING ....
ING GREEK GENERAL INSURANCE CO. S.A.
ALPHA ..
ALPHA INSURANCE AGENTS A.E.
..
AON TURNER S.A.
INCHCAPE ..
INCHCAPE INSURANCE CO. S.A.
.. &
13 INTERAMERICAN HEALTH GENERAL INSURANCE CO.
OF HEALTH & ASSISTANCE S.A.
..
14
HELLAS INSURANCE CO. S.A.
15
16
17
18
19
20
..
INTERSALONIKA INSURANCE CO. S.A.
....
HYDROGHIOS S.A.
VICTORIA ...
VICTORIA GENERAL INSURANCE CO. S.A.
CGU ....
CGU HELLAS GENERAL INSURANCE S.A.
....
ATLANTIC UNION S.A.
ING- ..
ING-PIRAEUS LIFE S.A.
Total
(%)
Turnover
Assets
2003
Pre-tax profits
2004
2004
2004
10.952
23.345
168.372
341.718
14.237
16.560
173.429
965.028
17.250
11.879
547.468
1.632.834
17.288
10.730
113.553
251.347
3.332
8.399
75.632
81.291
5.524
8.057
7.340
8.239
3.560
7.223
11.264
27.472
2.760
6.316
110.172
366.575
6.565
6.093
26.786
57.535
4.249
5.827
5.725
6.411
2.687
5.564
8.944
20.662
3.145
3.513
6.552
28.655
759
3.413
7.550
31.643
541
3.023
6.546
14.848
1.175
2.797
69.930
112.919
2.282
2.609
70.219
93.109
1.148
2.134
54.450
132.023
1.159
2.093
21.802
57.562
1.648
2.067
34.397
86.841
422
1.633
12.305
41.711
100.683
133.276
1.532.435
4.358.422
56,01
77,13
60,56
62,45
165
www.icap.gr
B.IX.16 : 20 2003 2004

2004
( 000)
B.IX.16 Insurance: The Top-20 Companies Reporting Losses in 2003 and 2004
( 000)
Rank
2003

1
PHOENIX METROLIFE COMMERCIAL HELLENIC INSURANCE CO. S.A.
2
3
4
5
6
7
8
9
GENERALI LIFE ..
GENERALI LIFE HELLENIC INSURANCE CO. A.E.
UNIVERSA ALLGEMEINE VERSICHERUNG A.G.
UNIVERSA ALLGEMEINE VERSICHERUNG A.G.
..
AGROTIKI INSURANCE CO. S.A.
UNIVERSAL LIFE () ...
UNIVERSAL LIFE (HELLAS) LIFE INSURANCE CO. S.A.
INTERNATIONAL LIFE ..
INTERNATIONAL LIFE INSURANCE CO. S.A.
INTERNATIONAL HELLAS ...
INTERNATIONAL HELLAS INSURANCE CO. S.A.
..
PIRAEUS INSURANCE AGENCY S.A.
....
EMPORIKI LIFE S.A.

..
10
ALLILOASFALISTIKOS SYNETAIRISMOS IDIOKTITON AFTOKINITON
VOREIOU ELLADOS & THESSALIAS
..
11
FIA S.A.
12
13
14
15
16
17
18
19
20
, . ., & ..
ZOIDES, M. J., & CO. S.A.
IMPERIO LIFE ..
IMPERIO LIFE S.A.
CORIS ASSISTANCE A.E.
CORIS ASSISTANCE S.A.
IBIS ..
IBIS S.A.
, , ..
HELLENIC BROKING, THE, S.A.
...
CYPRUS INSURANCE SERVICES SOLE SHAREHOLDER CO. LTD
INTERTEK TESTING SERVICES ...
INTERTEK TESTING SERVICES HELLAS LTD
..
KYKLADIKI HELLENIC ASSURANCE DE LA VIE S.A.
VICTORIA ...
VICTORIA LIFE INSURANCE CO. S.A.
Total
(%)
166
Losses
/Company
Turnover
2004
2004
Assets
2004
-2.749
-130.144
221.248
678.661
-3.536
-3.218
19.878
100.323
-5.979
-3.101
10.506
6.328
-16.842
-2.443
180.023
636.441
-1.817
-1.813
11.975
27.556
-1.049
-1.208
12.046
93.792
-351
-1.146
18.455
37.194
-787
-662
2.679
5.679
-1.353
-627
3.169
22.652
-785
-230
1.533
29.318
-130
-119
75
1.196
-66
-114
93
998
-88
-108
71
1.802
-103
-107
200
336
-91
-72
67
34
-57
-57
228
670
-17
-56
51
456
-115
-54
374
161
-123
-52
2.675
-206
-45
1.479
15.605
-36.242
-145.373
484.158
1.661.878
72,11
70,41
45,20
43,73
2006
B.IX.17 : 20 : 2004

( 000)
B.IX.17 Insurance: The Top-20 Companies: 2004

( 000)

Assets
Turnover
Rank Company
1
2
3
4
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
, , .....
ETHNIKI, THE, HELLENIC GENERAL INSURANCE CO. S.A.
..
INTERAMERICAN HELLENIC LIFE INSURANCE CO. S.A.
AMERICAN LIFE INSURANCE CO. (ALICO AIG LIFE)
ALICO AIG LIFE (AMERICAN LIFE INS. CO.)
ING
ING GREEK LIFE INSURANCE CO. S.A.

PHOENIX METROLIFE COMMERCIAL
HELLENIC INSURANCE CO. S.A.
..
AGROTIKI INSURANCE CO. S.A.
..
ASPIS PRONIA GENERAL INSURANCE CO. S.A.
ALPHA ..
ALPHA INSURANCE COMPANY A.E.
EFG ..
EFG LIFE S.A.
COMMERCIAL VALUE ..
COMMERCIAL VALUE INSURANCE CO. S.A.
ALLIANZ ..
ALLIANZ LIFE INSURANCE CO. S.A.

..
INTERAMERICAN PROPERTY & CASUALTY
INSURANCE CO. S.A.
ALLIANZ ..
ALLIANZ GENERAL INSURANCE S.A.
VICTORIA ...
VICTORIA GENERAL INSURANCE CO. S.A.
..
ASPIS PRONIA PROPERTY CASUALTY S.A.
....
EUROPEAN RELIANCE GENERAL INSURANCE CO. S.A.
..
INTERSALONIKA INSURANCE CO. S.A.
GENERALI LIFE ..
GENERALI LIFE HELLENIC INSURANCE CO. A.E.
GENERALI HELLAS ..
GENERALI HELLAS PROPERTY & CASUALTY
INSURANCES CO.
INTERNATIONAL LIFE ..
INTERNATIONAL LIFE INSURANCE CO. S.A.
Total
20
Top-20 share

Pre-tax profits
2003
2004
2003
2004
2003
2004
1.590.481
1.632.834
551.960
547.468
17.250
11.879
1.325.881
1.378.140
386.573
386.759
34.314
-21.378
866.147
965.028
148.152
173.429
14.237
16.560
693.716
731.291
188.875
181.667
49
34
643.557
678.661
247.195
221.248
-2.749
-130.144
600.766
636.441
172.869
180.023
-16.842
-2.443
452.580
449.694
109.138
94.312
187
-26.964
353.380
366.575
99.152
110.172
2.760
6.316
91.379
341.718
23.101
168.372
10.952
23.345
281.228
323.236
118.102
118.737
1.067
1.277
246.966
276.326
69.216
68.576
3.752
781
235.957
251.347
116.395
113.553
17.288
10.730
181.453
222.008
58.587
54.914
2.139
-7.889
122.695
132.023
50.285
54.450
1.148
2.134
97.775
130.747
41.949
45.750
1.074
756
121.454
127.376
45.125
56.342
909
963
78.016
112.919
58.531
69.930
1.175
2.797
94.814
100.323
27.840
19.878
-3.536
-3.218
91.458
98.469
16.634
20.369
-486
1.703
89.776
93.792
10.414
12.046
-1.049
-1.208
8.259.479
9.048.947
84,77
83,95
2.540.091 2.697.995 83.639 -113.967

76,74
74,91
64,59
338,37
167
www.icap.gr
B.IX.18 : I: 2003-2004
( 000)
B.IX.18 Other Financial Services: Consolidated Balance Sheets: 2003-2004

( 000)
/ Magnitude
/ Assets
/ Net fixed assets
2003
2004
9.540.128
11.214.049
17,55
4.505.974
5.410.549
20,08
/ Participations
332.256
350.532
5,50
/ Current assets
5.034.154
5.803.500
15,28
/ Receivables
4.436.365
4.971.792
12,07
/ Securities
1.797.500
1.984.595
10,41
587.819
818.154
39,18
9.540.128
11.214.049
17,55
/ Cash
/ Equity
3.518.041
3.692.035
4,95
2.953.381
2.806.301
-4,98
/ Reserves
1.028.676
1.011.925
-1,63
68.999
90.606
31,32
/ Liabilities
5.953.089
7.431.408
24,83
/ Long-term
2.357.358
2.803.143
18,91
/ Short-term
3.595.731
4.628.265
28,72
464
464
0,00
/ Companies
: 2004
Assets

Other Financial Services
5,5%
Other
94,5%
168

Equity

20,8%
Other
79,2%
Liabilities

4,6%
Other
95,4%
2006
B.IX.19 : : 2003-2004
( 000)
B.IX.19 Other Financial Services: Consolidated Income Statements: 2003-2004

( 000)
/ Magnitude
2003
2004
2.102.678
2.400.737
14,18
/ Gross profits
676.031
757.936
12,12
318.825
314.625
-1,32
130.397
145.931
11,91
/ Operating income
376.120
496.723
32,06
-53.569
-11.226
79,04
/ Depreciation
912.085
1.065.161
16,78
318.414
481.094
51,09
92.419
112.427
21,65
142.460
262.811
84,48
464
464
0,00
/ Turnover
/ Pre-tax profits
/ Income tax
/ Dividends
/ Companies
: 2004

Turnover

16,4%
Other
83,6%
Dividends

26,3%
Other
73,7%
169
www.icap.gr
B.IX.20 : : 2003-2004
B.IX.20 Other Financial Services: Financial Ratios: 2003-2004
/ Indices
2003
2004
47,23
48,25
1,69
2,01
0,62
0,66
0,24
0,23
328
315
311
278
1,27
1,32
1,26
1,31
0,58
0,63
32,15
31,57
17,89
20,69
15,14
20,04
9,52
13,35
5,10
6,04
760
1.575
337
106
68
464
464

(%)

Debt to equity

Debt to assets

()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
170
2006
B.IX.21 : I: 20041

( 000)
B.IX.21 Other Financial Services: Consolidated Balance Sheet: 20041

( 000)
/ Employees
/ Magnitude
10-49
50-249
250+
1.154.045
3.916.197
4.396.896
63.125
/ Net fixed assets
67.806
2.428.946
1.964.679
41.332
/ Participations
12.091
158.490
160.383
518
/ Current assets
1.086.239
1.487.251
2.432.217
21.792
/ Receivables
879.934
1.253.463
2.286.533
12.687
/ Securities
823.740
703.878
268.458
119
/ Cash
206.164
224.596
145.683
8.469
1.154.045
3.916.197
4.396.896
63.125
/ Assets

/ Equity
/ Reserves
/ Liabilities
997.661
1.562.306
925.980
23.702
1.161.744
1.297.980
455.174
22.951
117.747
530.888
373.701
5.744
1.062
28.366
38.735
806
155.322
2.325.525
3.432.181
38.616
/ Long-term
105.829
1.134.830
1.116.699
/ Short-term
49.494
1.190.695
2.315.482
38.616
/ Employees
851
2.273
2.875
1.120
/ Companies
271
101
35
1
1
2004
: 2004
Shares in Other Financial Services Totals: 2004
Assets
250+
0,7%

Equity
Liabilities
250+
0,7%
<=9
12,1%
50-249
26,4%
250+ <=9
0,6% 2,6%
<=9
28,4%
10-49
39,1%
50-249
46,1%
50-249
57,7%
10-49
41,1%
10-49
44,5%
171
www.icap.gr
B.IX.22 : : 20041

( 000)
B.IX.22 Other Financial Services: Consolidated Income Statement: 20041

( 000)
/ Employees
/ Magnitude
10-49
50-249
250+
108.717
980.426
892.043
118.219
/ Gross profits
63.992
257.213
276.811
76.785
29.905
98.532
115.738
72.453
1.559
63.258
64.647
892
/ Operating income
39.928
142.321
190.674
3.973
-11.145
4.270
-46.548
245
12.476
501.777
382.490
14.700
28.072
144.805
142.513
4.218
/ Turnover
/ Depreciation
/ Pre-tax profits
/ Income tax
2.719
36.750
51.988
935
19.263
59.744
63.422
/ Employees
851
2.273
2.875
1.120
/ Companies
271
101
35
/ Dividends
1
1
2004
: 2004

Turnover
250+
5,6%

Gross Profits
250+
11,4%
<=9
5,2%
Dividends
250+
0,0%
<=9
9,5%
50-249
50-249
44,5%
42,5%
50-249
41,0%
10-49
46,7%
172
<=9
13,5%
10-49
38,1%
10-49
41,9%
2006
B.IX.23 : : 20041

B.IX.23 Other Financial Services: Financial Ratios: 20041
/ Indices
/ Employees
9
10-49
50-249
250+
5,88
62,02
44,68
65,48
0,16
1,49
3,71
1,63
0,13
0,59
0,78
0,61
0,10
0,28
0,21
1,93
120
127
613
34
150
105
563
162
26,64
1,14
0,96
0,49
26,63
1,13
0,96
0,47
24,86
0,69
0,16
0,15
58,86
26,23
31,03
64,95
36,73
14,52
21,38
3,36
25,82
14,77
15,98
3,57
2,90
10,09
15,60
21,41
2,79
5,97
4,96
8,33
80
1.069
683
37
1.356
1.723
1.529
56
128
431
310
106
75
113
96
69
33
64
50
271
101
35

(%)

Debt to equity

Debt to assets

()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
1
1
2004
173
www.icap.gr
B.IX.24 :
: 2004
( 000)
B.IX.24 Other Financial Services: The Basic Magnitudes of Companies Reporting Profits and Losses: 2004
( 000)
Reporting Profits
Magnitude
Reporting Losses
10.231.685
982.364
Assets

5.156.368
254.181
Net fixed assets
5.075.316
728.184
Current assets

3.198.209
493.826
Equity
6.950.232
481.176
Liabilities

2.293.415
107.322
Turnover

747.893
10.043
Gross profits

532.765
-36.042
Operating income

550.076
-68.982
Pre-tax profits
182
282
Companies
: 2004
Assets
Liabilities
Reporting Profits
93,5%
Reporting Profits
91,2%
Reporting Losses
8,8%
174

Turnover
Reporting Profits
95,5%
Reporting Losses
6,5%
Reporting Losses
4,5%
2006
B.IX.25 : 20 2003 2004

2004
( 000)
B.IX.25 Other Financial Services: The Top-20 Companies Reporting Profits in 2003 and 2004
( 000)
Rank /Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
..
ETHNIKI KEPHALEOU S.A.
..
HELLENIC INVESTMENT CO. S.A.
..
ATHENS EXCHANGE S.A.
..
NATIONAL INVESTMENT CO. S.A.
ALPHA LEASING ..
ALPHA LEASING A.E.
.....
DIETHNIKI MUTUAL FUND MANAGEMENT CO. S.A.
DINERS CLUB OF GREECE FINANCE COMPANY A.E.
DINERS CLUB OF GREECE FINANCE COMPANY S.A.
LEASING ..
PIRAEUS LEASING S.A.
ALPHA .....
ALPHA MUTUAL FUND MANAGEMENT CO. A.E
EFG EUROBANK ERGASIAS LEASING S.A.
..
CENTRAL SECURITIES DEPOSITORY S.A.
ABC FACTORS ..
ABC FACTORS A.E.
.. &
NATIONAL MANAGEMENT & ORGANIZATION S.A.
LEASING ..
LAIKI LEASING S.A.
EFG EUROBANK ......
EFG EUROBANK SECURITIES S.A.
ARROW ....
ARROW CLOSED END FUND S.A.
..
GREEK PROGRESS FUND THE S.A.
..
NATIONAL SECURITIES CO. S.A.
ALPHA .....
ALPHA ASSET MANAGEMENT S.A.
EMPORIKI LEASING ..
EMPORIKI LEASING S.A.
Total
(%)
Pre-tax profits

Turnover
Assets
2003
2004
2004
2004
40.702
67.104
15.433
278.550
21.939
62.856
70.077
450.630
33.887
56.014
32.949
174.461
12.537
42.185
45.941
211.312
5.365
32.727
176.415
608.624
18.072
22.724
43.808
54.147
11.589
16.195
12.021
226.814
12.752
16.129
201.007
746.026
14.369
14.145
40.825
60.139
8.298
10.653
217.240
980.229
8.523
10.303
19.747
52.605
9.444
9.618
20.753
425.554
2.594
9.098
84.408
39.279
7.107
8.806
93.086
264.243
15.079
8.533
71.706
282.093
2.354
7.992
13.329
85.157
6.235
7.880
9.907
127.650
8.777
7.740
24.366
253.149
5.918
7.068
8.948
12.560
6.010
6.816
107.312
411.630
251.551
424.588
1.309.275
5.744.851
67,73
77,19
57,09
56,15
175
www.icap.gr
B.IX.26 : 20 2003
2004
2004
( 000)
B.IX.26 Other Financial Services: The Top-20 Companies Reporting Losses in 2003 and 2004
( 000)
Rank /Company
Losses
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
......
VORIOELLADIKI SECURITIES - INVESTMENT SERVICES S.A.
INTERINVEST ....
INTERINVEST INTERNATIONAL INVESTMENT S.A.
..
SARROS SECURITIES INC.
..
T.A.N.E.O. S.A.
....
ACTIVE INVESTMENT FUND CO. S.A.
.....
AGRO BROKERAGE S.A.
OPTIMA ....
OPTIMA S.A.
MEGATRUST ......
MEGATRUST OLYMPIC SECURITIES S.A.
......
PEGASUS SECURITIES S.A.
EUROLINE ....
EUROLINE EPENDYTIKI S.A.
......
PENTEDEKAS SECURITIES S.A.
INVESTMENT ANALYSIS FINANCIAL SERVICES .....
INVESTMENT ANALYSIS FINANCIAL SERVICES S.A.
......
ATTICA HERMES SECURITIES S.A.
CFS .....
CFS SECURITIES S.A.
MARFIN GLOBAL INVESTMENTS ..
MARFIN GLOBAL INVESTMENTS S.A.
, ., ..
PETROPOULAKIS, EL., SECURITIES S.A.
DOMUS ....
DOMUS S.A.
, . ., ..
PORTALAKIS, Z. G., BROKERAGE FIRM S.A.
..
ATLAS SECURITIES S.A.
.....
ELLINIKI TRUST S.A.
Total
(%)
176

Turnover
Assets
2003
2004
2004
2004
-1.703
-5.569
1.318
13.242
-3.388
-5.465
12.154
-1.662
-4.679
1.964
16.182
-2.073
-3.382
145.057
-786
-3.191
1.043
9.108
-1.233
-1.747
4.101
66.704
-175
-1.642
5.578
-1.727
-1.534
2.878
36.533
-246
-1.508
5.220
23.890
-1.070
-1.358
17
17.737
-388
-1.228
1.103
6.791
-297
-1.114
474
4.713
-208
-1.063
2.880
21.798
-678
-977
1.749
58.338
-392
-856
356
7.161
-768
-837
512
3.308
-687
-809
5.819
-438
-608
880
6.213
-275
-580
854
6.504
-892
-471
1.862
1.627
-19.087
-38.618
27.211
468.458
36,03
55,98
25,35
47,69
2006
B.IX.27 : 20 : 2004

( 000)
B.IX.27 Other Financial Services: The Top-20 Companies: 2004

( 000)

Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

EFG EUROBANK ERGASIAS LEASING S.A.
..
CYPRUS LEASING S.A.
LEASING ..
PIRAEUS LEASING S.A.
ALPHA LEASING ..
ALPHA LEASING A.E.
..
HELLENIC INVESTMENT CO. S.A.
..
ETHNIKI LEASING S.A.
ABC FACTORS ..
ABC FACTORS A.E.
EMPORIKI LEASING ..
EMPORIKI LEASING S.A.
ATE LEASING ..
ATE LEASING S.A.
EFG FACTORS A.E.
EFG FACTORS S.A.
EFG EUROBANK ......
EFG EUROBANK SECURITIES S.A.
..
ETHNIKI KEPHALEOU S.A.
LEASING ..
LAIKI LEASING S.A.
..
NATIONAL SECURITIES CO. S.A.
... ..
ABG BANKCARDS S.A.
DINERS CLUB OF GREECE FINANCE COMPANY A.E.
DINERS CLUB OF GREECE FINANCE COMPANY S.A.
..
NATIONAL INVESTMENT CO. S.A.
FACTORING A.E.
PIRAEUS FACTORING A.E.
- ......
PIRAEUS SIGMA - DEVETOGLOU S.A.
..
ATHENS EXCHANGE S.A.
Total
20
Top-20 share
Assets
Turnover

Pre-tax profits
2003
2004
2003
2004
2003
2004
720.134
980.229
181.793
217.240
8.298
10.653
541.985
814.869
118.011
159.968
4.232
4.470
662.278
746.026
181.314
201.007
12.752
16.129
549.625
608.624
161.700
176.415
5.365
32.727
390.590
450.630
28.216
70.077
21.939
62.856
264.996
439.627
61.318
75.816
2.539
3.505
407.189
425.554
20.389
20.753
9.444
9.618
386.768
411.630
93.105
107.312
6.010
6.816
391.052
375.376
92.201
88.876
5.045
2.416
211.722
324.533
5.805
7.801
3.053
5.400
185.944
282.093
94.620
71.706
15.079
8.533
227.551
278.550
5.283
15.433
40.702
67.104
236.523
264.243
79.675
93.086
7.107
8.806
282.385
253.149
23.115
24.366
8.777
7.740
177.623
240.168
12.531
15.007
1.461
2.741
132.263
226.814
12.021
11.589
16.195
178.942
211.312
15.750
45.941
12.537
42.185
152.217
184.285
5.971
7.511
468
729
133.297
179.011
21.825
20.814
3.508
4.820
142.725
174.461
33.742
32.949
33.887
56.014
6.375.809 7.871.183 1.236.364 1.464.098 213.792 369.459

66,83
70,19
58,80
60,99
67,14
76,80
177
www.icap.gr
B.X
SECTION B.X

OTHER SERVICES

Miscellaneous Services
Real estate, renting and business

activities
Education

Health and social work

Other community, social and personal
service activities

Real estate activities

Real estate activities
70
564

Renting of machinery and equipment without
operator and of personal and household goods
71
227
IT services

Computer and related activities
72
405

74
1.462
Education
Education
80
213
Health

85
271

Sewage and refuse disposal, sanitation and
similar activities
90
18
, &
Recreation, culture and

sporting
Recreational, cultural and sporting activities
92
331

Other services

Other service activities
93
54
Operational leasing
178
/ Code
/
Companies
/ Sectors
3.545
2006
B.X.1 : I: 2003-2004
( 000)
B.X.1 Other Services: Consolidated Balance Sheets: 2003-2004

( 000)
/ Magnitude
2003
2004
23.731.032
24.935.193
5,07
13.461.997
15.082.085
12,03
/ Participations
4.892.600
5.332.552
8,99
/ Current assets
-4,05
/ Assets
/ Net fixed assets
10.269.035
9.853.108
/ Inventories
1.000.673
1.016.385
1,57
/ Receivables
7.175.697
6.519.670
-9,14
/ Securities
/ Cash
/ Equity
855.002
744.238
-12,95
2.092.665
2.317.053
10,72
23.731.032
24.935.193
5,07
6,64
11.677.673
12.453.415
7.554.473
7.613.887
0,79
/ Reserves
5.629.589
6.311.018
12,10
438.405
296.719
-32,32
/ Liabilities
11.614.954
12.185.058
4,91
/ Long-term
2.799.820
3.107.400
10,99
/ Short-term
8.815.133
9.077.658
2,98
3.545
3.545
0,00
/ Companies
: 2004
( )
Assets

Equity

Other Services
13,5%

Other Sectors
86,5%
Liabilities

Other Services
15,9%

Other Sectors
84,1%

Other Services
11,9%

Other Sectors
88,1%
179
www.icap.gr
B.X.2 : : 2003-2004
( 000)
B.X.2 Other Services: Consolidated Income Statements: 2003-2004

( 000)
/ Magnitude
2003
2004
11.531.221
14.635.301
26,92
/ Gross profits
2.644.158
2.969.215
12,29
1.965.420
2.527.758
28,61
224.950
245.888
9,31
/ Operating income
1.068.198
1.304.690
22,14
-61.068
151.040
/ Depreciation
907.220
1.083.981
19,48
970.148
1.406.055
44,93
/ Income tax
457.484
558.618
22,11
/ Dividends
644.132
956.602
48,51
3.545
3.545
0,00
/ Turnover
/ Pre-tax profits
/ Companies
: 2004
( )


Turnover

Gross Profits

Other Services
10,1%

Other Sectors
89,9%
180
Dividends

Other Services
9,9%

Other Sectors
90,1%

Other Services
23,5%

Other Sectors
76,5%
2006
B.X.3 : : 2003-2004
B.X.3 Other Services: Financial Ratios: 2003-2004
/ Indices
2003
2004
56,73
60,49
0,99
0,98
0,49
0,49
5,31
6,72
0,51
0,60
39
32
129
111
132
109
1,16
1,12
1,04
1,01
0,35
0,34
22,93
20,29
9,26
8,91
8,41
9,61
8,58
11,65
5,33
6,79
136
225
135
27
13
3.545
3.545

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
181
www.icap.gr
B.X.4 : I: 20041

( 000)
B.X.4 Other Services: Consolidated Balance Sheet: 20041

( 000)
/ Employees
/ Magnitude
/ Assets
10-49
50-249
250+
4.829.058
6.067.314
5.871.593
7.069.867
/ Net fixed assets
3.550.184
3.741.370
3.146.166
3.987.655
/ Participations
1.846.003
1.841.924
1.197.519
422.115
/ Current assets
1.278.875
2.325.944
2.725.427
3.082.211
151.236
170.200
141.802
456.598
/ Receivables
776.535
1.549.414
2.118.085
1.816.617
/ Securities
172.739
73.619
243.595
185.496
/ Cash
351.104
606.330
465.540
808.996
4.829.058
6.067.314
5.871.593
7.069.867
3.278.882
3.647.900
2.019.732
3.130.792
2.159.559
2.118.541
1.315.561
1.652.953
/ Reserves
1.498.698
2.060.145
957.067
1.647.012
11.701
55.987
53.516
167.110
/ Inventories

/ Equity
/ Liabilities
1.538.476
2.363.427
3.798.345
3.771.964
/ Long-term
435.316
400.701
1.031.596
1.096.764
/ Short-term
1.103.160
1.962.726
2.766.750
2.675.200
/ Employees
4.735
23.368
33.926
45.816
/ Companies
1.608
1.079
347
67
1
1
2004
Assets
: 2004
Shares in Other Services Totals: 2004

Equity
<=9
20,3%
250+
25,9%
250+
29,7%
<=9
27,1%
Liabilities
<=9
13,4%
250+
32,9%
10-49
20,6%
10-49
25,5%
50-249
24,6%
182
50-249
16,7%
10-49
30,2%
50-249
33,1%
2006
B.X.5 : : 20041

( 000)
B.X.5 Other Services: Consolidated Income Statement: 20041

( 000)
/ Employees
/ Magnitude
10-49
50-249
250+
750.248
2.341.801
3.753.401
7.509.272
/ Gross profits
273.829
664.322
797.027
1.158.047
242.268
600.634
707.493
888.101
35.377
43.600
76.625
76.385
/ Operating income
138.872
275.874
170.028
698.957
-18.712
-48.549
28.844
201.535
98.719
221.577
266.029
452.624
113.280
202.079
187.965
896.415
/ Turnover
/ Depreciation
/ Pre-tax profits
/ Income tax
49.733
69.757
85.197
337.851
/ Dividends
98.997
102.282
132.077
597.261
/ Employees
4.735
23.368
33.926
45.816
/ Companies
1.608
1.079
347
67
1
1
2004

Turnover
: 2004

Gross Profits
<=9
9,5%
<=9
5,2%
Dividends
<=9
10,6%
10-49
16,3%
10-49
11,0%
250+
40,0%
10-49
23,0%
250+
52,4%
50-249
14,2%
50-249
26,1%
50-249
27,5%
250+
64,2%
183
www.icap.gr
B.X.6 : : 20041

B.X.6 Other Services: Financial Ratios: 20041
/ Indices
/ Employees
9
10-49
50-249
250+
73,52
61,66
53,58
56,40
0,47
0,65
1,88
1,20
0,32
0,39
0,65
0,53
4,20
5,63
3,45
12,74
0,16
0,40
0,66
1,05
125
37
17
25
224
186
151
53
295
180
148
54
1,25
1,20
0,99
1,19
1,09
1,12
0,94
1,04
0,50
0,32
0,27
0,35
36,50
28,37
21,23
15,42
18,51
11,78
4,53
9,31
15,10
8,63
5,01
11,94
3,55
5,90
9,70
28,42
3,14
4,23
4,67
13,60
750
160
93
87
1.020
260
173
154
158
100
111
164
58
28
23
25
24
20
1.608
1.079
347
67

(%)

Debt to equity

Debt to assets


()
()
()
/ Liquidity

Current ratio

Quick ratio

Cash ratio
/ Return
(%)
(%)
(%)
(%)
(%)
/ Employment
( 000)
( 000)
( 000)
( 000)
( 000)
/ Companies
1
2004
184
2006
B.X.7 : : 2004
( 000)
B.X.7 Other Services: The Basic Magnitudes of Companies Reporting Profits and Losses: 2004
( 000)
Reporting Profits
Magnitude
Reporting Losses
17.096.380
7.838.813
Assets

9.702.637
5.379.448
Net fixed assets
7.393.743
2.459.365
Current assets

8.735.119
3.718.296
Equity
8.200.969
3.984.089
Liabilities

12.654.267
1.981.034
Turnover

2.924.381
44.834
Gross profits

1.701.737
-397.047
Operating income

1.937.789
-531.734
Pre-tax profits
2.354
1.191
Companies
: 2004
Assets
Liabilities
Reporting Profits
68,6%

Turnover
Reporting Profits
67,3%
Reporting Losses
31,4%
Reporting Profits
86,5%
Reporting Losses
32,7%
Reporting Losses
13,5%
185
www.icap.gr
B.X.8 : 20 2003 2004

2004
( 000)
B.X.8 Other Services: The Top-20 Companies Reporting Profits in 2003 and 2004
( 000)
Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

/Company
(....) ..
ORGANIZATION OF FOOTBALL FORECAST S.A.
DELTA SINGULAR ..
DELTA SINGULAR S.A
..
INTRALOT S.A.
HYATT REGENCY & () ..
HYATT REGENCY HOTELS & TOURISM (HELLAS) S.A.
..
HELLENIC TECHNODOMIKI TEB S.A.
..
PARNITHA CASINO S.A.
, ., ..
VOVOS, B., INTERNATIONAL TECHNICAL S.A.
... ..
O.T.E. ESTATE S.A.
COSMOHOLDING ALBANIA ..
COSMOHOLDING ALBANIA S.A.
..
IASO S.A.
..
BIOMED S.A.
..
BETTING COMPANY S.A.
AUTOHELLAS (HERTZ) ....
AUTOHELLAS (HERTZ) S.A.
INFOTE ..
INFOTE INFORMATION FOR ALL S.A.
& ..
MITERA S.A
..
DELTA HOLDING S.A.
..
VIOHALCO S.A.
..&..
TITAN ATLANTIC CEMENT S.A.
ALPHA ..
ALPHA ASTIKA AKINITA A.E.
..
TELETYPOS S.A.
Total
(%)
186
Pre-tax profits

Turnover
Assets
2003
2004
2004
2004
381.366
736.459
3.067.915
970.717
12.617
104.067
20.587
269.539
68.944
70.676
141.200
201.119
60.687
60.107
123.113
262.249
48.349
34.797
9.173
531.442
12.906
33.742
88.492
125.752
40.885
24.921
146.253
271.549
20.042
22.031
55.569
670.438
11.873
21.220
20.884
113.262
19.243
20.388
73.854
177.287
13.420
19.682
55.089
46.853
5.430
19.004
139.935
89.361
16.870
17.501
103.159
218.823
15.850
16.916
59.327
63.786
15.275
15.582
57.311
60.039
13.332
14.457
16.543
562.230
23.030
12.226
58
760.566
6.771
12.184
258.949
11.692
11.212
16.148
103.271
4.283
11.011
132.639
228.590
802.863
1.278.184
4.327.252
5.985.825
54,10
65,96
34,20
35,01
2006
B.X.9 : 20 2003 2004

2004
( 000)
B.X.9 Other Services: The Top-20 Companies Reporting Losses in 2003 and 2004
( 000)
Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Losses
ALPHA ..
ALPHA SATELLITE TELEVISION S.A.
....
IDEAL GROUP S.A.
() ..
GREEK RADIO TELEVISION (ERT) S.A.
(....) ..
HORSE RACING ORGANIZATION OF GREECE S.A.
... ...
A.E.K. F.C. ATHENS
.......
VIOLAN S.A.
GENERAL ..
IASO GENERAL S.A.
MCDONALDS HELLAS ...
MCDONALDS HELLAS SOLE SHAREHOLDER CO. LTD
...
OLYMPIAKOS F.C.
.... ...
P.A.O.K. F.C.
ALFA ALFA ..
ALFA ALFA HOLDINGS S.A.
... ...
OLYMPIAKOS BASKETBALL CLUB S.A.
..
BATEK S.A.
...
IRAKLIS F.C.
N ..
GREEK FILM CENTRE S.A.
SINGULAR INTEGRATOR ..
SINGULAR INTEGRATOR S.A.
BE - BUSINESS EXCHANGES ..
BE - BUSINESS EXCHANGES S.A.
MAGIC ..
MAGIC PEIRAIA S.A.
OLYMPIC "AVIS RENT CAR" ..
OLYMPIC "AVIS RENT A CAR" S.A.
MASTER OUTDOOR ..
MASTER OUTDOOR S.A.
Total
(%)

Turnover
Assets
2003
2004
2004
2004
-39.720
-37.742
53.772
192.083
-9.567
-36.613
1.254
17.426
-11.612
-29.705
254.167
300.054
-6.310
-23.967
330.229
259.431
-24.538
-19.815
4.884
33.532
-17.794
-17.467
48
9.641
-18.047
-16.574
23.734
79.805
-15.925
-14.813
19.945
29.719
-26.347
-10.943
8.214
111.509
-7.531
-5.704
4.966
16.381
-2.919
-5.397
235
165.010
-4.259
-5.016
227
8.907
-184
-4.750
43.560
102.438
-4.228
-4.722
1.517
8.165
-3.256
-4.484
1.586
17.945
-487
-3.793
12.723
23.319
-3.413
-3.169
1.547
8.081
-2.645
-3.136
2.035
4.260
-5.815
-2.955
72.997
175.173
-749
-2.868
1.915
3.044
-205.346
-253.633
839.557
1.565.923
39,96
47,70
42,38
19,98
/Company
187
( 000)
B.X.10 Other Services: Assets and Liabilities of its Sectors: 2004
Sector

Real estate

Operational leasing
IT services

Education
Health

,

Other services
Total
Companies
Assets
( 000)

Net fixed assets
Current assets
Inventories

Equity
Liabilities
564
5.268.175
3.780.445
1.487.730
339.865
3.023.239
2.220.008
227
1.151.470
870.949
280.521
13.387
251.180
896.471
405
1.859.222
605.913
1.253.309
99.305
928.200
897.101
1.462
10.465.817
6.515.513
3.950.304
483.330
6.539.741
3.851.636
213
381.610
205.509
176.101
4.874
102.616
277.216
271
1.652.146
1.042.168
609.978
33.424
709.081
935.360
18
58.961
26.230
32.730
2.363
27.344
31.475
331
4.041.124
2.005.854
2.035.270
38.087
855.899
3.035.392
54
56.670
29.504
27.166
1.750
16.115
40.400
3.545
24.935.193
15.082.085
9.853.108
1.016.385
12.453.415
12.185.058
188
B.X.10 : : 2004
www.icap.gr
(% )
B.X.11 Other Services: Rates of Change in Assets and Liabilities of its Sectors: 2004
Sector

Real estate

Operational leasing
IT services

Education
Health

,

Other services
Total
Assets
(annual % change)

Net fixed assets

Current assets
Inventories

Equity
Liabilities
13,30
26,40
-10,33
-9,76
18,49
7,08
13,60
13,11
15,17
47,42
-0,39
19,24
22,40
15,40
26,10
28,12
29,59
13,68
2,54
5,70
-2,28
2,59
3,38
1,75
5,41
9,09
1,43
19,56
-0,06
7,74
11,59
7,51
19,34
18,38
3,00
19,23
13,71
31,07
2,80
-12,86
42,05
-2,84
-8,06
11,05
-21,39
27,52
-15,04
-2,18
8,40
5,93
11,22
22,23
12,86
6,91
5,07
12,03
-4,05
1,57
6,64
4,91
B.X.11 : : 2004
2006
189
190
B.X.12 : : 2004
( 000)
B.X.12 Other Services: Consolidated Income Statements of its Sectors: 2004

( 000)
Administrative,
distribution &
selling expenses
, .
Interest
charges, etc.
Operating
income
Sector
Companies
Turnover
Gross Profits
564
603.526
212.536
123.578
38.339
98.613
25.600
120.540
60.252
227
582.882
67.420
93.429
22.533
-29.234
36.107
3.955
12.270
405
1.009.923
400.769
271.116
21.206
252.154
-14.699
236.021
62.857
1.462
4.329.884
1.010.398
907.231
70.041
328.816
-78.083
224.842
194.831
213
303.251
60.742
91.396
5.483
48
85
-700
5.989
271
1.099.710
247.417
147.754
21.872
97.645
5.231
98.547
59.093
18
57.287
21.351
16.943
1.293
3.735
-584
2.715
411
331
6.602.771
933.411
859.044
63.613
551.242
177.397
718.804
559.715
54
46.066
15.172
17.267
1.508
1.671
-14
1.331
1.183
3.545
14.635.301
2.969.215
2.527.758
245.888
1.304.690
151.040
1.406.055
956.602

Real estate

Operational leasing
IT services

Education
Health

,

Other services
Total
Non-operating Pre-tax profits

income
Dividends
www.icap.gr
(% )
B.X.13 Other Services: Rates of Change in the Consolidated Income Statements of its Sectors: 2004
(annual % change)
, .
Administrative,
distribution &
Interest
selling expenses charges, etc.
Sector
Turnover
Gross Profits
2,89
-16,09
-3,16
-14,66
18,76
-2,43
18,23
19,51
-19,94
+
L+
7,82
4,90
8,36
10,56
97,04
2,95
6,23
3,94
-4,02
0,54
6,35
-8,45
6,01
35,12
-99,77
12,78
10,52
3,65
20,66
31,81
33,29
6,33
31,32
19,94
LP
66,37
39,66
128,71
44,12
37,07
17,90
8,26
11,88
-11,63
89,39
26,92
12,29
28,61
9,31
22,14

Real estate

Operational leasing
IT services

Education
Health

,

Other services
Total
:
:
:
:
:
:
:
:
2004, 2003
2004, 2003

Decrease in Losses

Increase in Losses
Operating
income
Non-operating Pre-tax profits

income
Dividends
-53,22
-30,35
-9,89
6,96
+
L+
+
L+
LP
-75,46
11,96
108,93
-0,69
-15,70
PL
20,35
27,40
LP
27,48
47,83
135,17
94,56
253,84
40,74
44,93
48,51
942,36
+
L+
LP
L
LP
0,20
191
2006
LP
KZ
PL
ZLZ+
L+
B.X.13 : : 2004
Sector
Companies
2003

Real estate

Operational leasing
IT services

Education
Health

,

Other services
Total
(%)

(%)
2004
2003
2004
()
Debt to equity
2003
Inventory turnover
(days)
2004
2003
2004
()
Days sales
outstanding
2003
2004
()
Payable deferral
period (days)
2003
2004
192
B.X.14 : , : 2003-2004
B.X.14 Other Services: Capital Structure, Operating activity and Liquidity Financial Ratios of its Sectors: 2003-2004
Current ratio
2003
2004
564
564
64,32
71,76
0,81
0,73
370
334
219
223
203
202
1,38
1,26
227
227
75,97
75,64
2,98
3,57
106
97
302
280
0,39
0,38
405
405
34,57
32,59
1,10
0,97
49
53
230
232
144
140
1,36
1,50
1.462
1.462
60,39
62,26
0,60
0,59
51
52
153
158
150
155
1,37
1,39
213
213
52,04
53,85
2,51
2,70
97
104
105
114
0,88
0,85
271
271
65,48
63,08
1,14
1,32
13
13
112
120
116
126
0,94
0,86
18
18
38,60
44,49
1,68
1,15
40
26
188
166
184
145
1,23
1,22
331
331
41,10
49,64
3,08
3,55
77
51
88
53
1,00
0,94
54
54
53,28
52,06
2,65
2,51
21
19
95
93
158
132
0,69
0,71
3.545
3.545
56,73
60,49
0,99
0,98
39
32
129
111
132
109
1,16
1,12
www.icap.gr
Sector
Companies
2003

Real estate

Operational leasing
IT services

Education
Health

,

Other services
Total
2004
(%)
(%)
Gross profit margin Operating profit margin
(%)
(%)
2003
2004
2003
2004
(%)
Net profit margin
(%)
2003
2004
(%)
Return on equity
(%)
2003
2004
(%)
Return on assets
(%)
2003
2004
564
564
43,18
35,22
21,00
16,34
29,51
19,97
7,04
4,32
5,00
3,20
227
227
14,08
11,57
-3,09
-5,02
3,28
0,68
6,66
1,57
3,68
2,45
405
405
40,79
39,68
13,66
24,97
12,06
23,37
16,08
28,71
8,94
15,23
1.462
1.462
22,62
23,34
7,78
7,59
6,34
5,19
4,39
3,50
3,47
2,85
213
213
23,27
20,03
7,40
0,02
6,68
-0,23
19,45
-0,68
6,98
1,29
271
271
22,96
22,50
8,35
8,88
7,93
8,96
11,10
14,10
6,69
7,69
18
18
36,86
37,27
-0,84
6,52
-2,69
4,74
-6,15
11,65
-0,38
7,23
331
331
16,84
14,14
10,13
8,35
7,70
10,89
30,49
77,15
8,77
18,55
54
54
35,87
32,94
2,26
3,63
0,96
2,89
2,65
8,76
4,16
5,21
3.545
3.545
22,93
20,29
9,26
8,91
8,41
9,61
8,58
11,65
5,33
6,79
B.X.15 : : 2003-2004
B.X.15 Other Services: Profitability and Return Financial Ratios of its Sectors: 2003-2004
2006
193
www.icap.gr
B.X.16 : 20 : 2004

( 000)
B.X.16 Other Services: The Top-20 Companies in Real Estate: 2004

( 000)

Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
... ..
O.T.E. ESTATE S.A.
..
PUBLIC REAL ESTATE CO. S.A.
..
ETA S.A.
LAMDA OLYMPIA VILLAGE ..
LAMDA OLYMPIA VILLAGE S.A.
PICAR ..
PICAR S.A.
, ., ..
VOVOS, B., INTERNATIONAL TECHNICAL S.A.
EFG EUROBANK PROPERTIES ..
EFG EUROBANK PROPERTIES S.A.
REDS ..
REDS S.A.
..
PROTYPOS KTIMATIKI TOURISTIKI S.A.
ALPHA ..
ALPHA ASTIKA AKINITA A.E.
REAL ESTATE ..
PIRAEUS REAL ESTATE S.A.
..
GEKA S.A.
& ..
EMPORIKI REAL ESTATE S.A.
..
PYLEA S.A.
METRO GROUP ASSET MANAGEMENT HELLAS
..
METRO GROUP ASSET MANAGEMENT HELLAS S.A.
LAMDA ESTATE DEVELOPMENT ..
LAMDA ESTATE DEVELOPMENT S.A.
...A..
PIRAEUS REAL ESTATE INVESTMENT COMPANY S.A.
..
PORTO CARRAS S.A.
STABILTON ..
STABILTON S.A.
IV ..
PARADISE ZANTE ROYAL PALACE IV S.A.
Total
20
Top-20 share
194
Assets
Turnover
Company

Pre-tax profits
2003
2004
2003
2004
2003
2004
520.092
670.438
51.019
55.569
20.042
22.031
484.282
488.251
10.843
9.718
2.288
1.687
410.799
376.892
59.807
39.470
30.983
-13.475
166.580
289.229
5.686
-416
648
167.981
273.555
-7.300
-982
333.979
271.549
111.280
146.253
40.885
24.921
150.192
149.515
18.381
19.263
4.873
7.820
77.966
136.836
22.566
14.554
1.489
1.060
123.038
122.132
14
34
5.623
-1.940
101.115
103.271
15.882
16.148
11.692
11.212
63.594
65.732
8.025
2.960
2.156
2.864
32.791
63.779
2.271
2.295
568
583
60.721
61.231
271
933
87
259
12.588
57.820
235
-431
-343
46.870
52.848
9.216
9.319
4.236
4.473
55.794
52.308
30.422
13.377
7.754
1.309
48.074
51.794
13.460
8.588
7.107
7.304
42.870
47.889
3.952
3.760
506
308
45.353
44.445
32
-631
-977
44.322
43.087
1.015
-759
-780
2.989.001
64,28
3.422.602 357.410 349.209 130.753

64,97
60,93
57,86
75,55
67.981
56,40
2006
B.X.17 : 20 : 2004

( 000)
B.X.17 Other Services: The Top-20 Companies in Operational Leasing: 2004

( 000)
Rank
Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
AUTOHELLAS (HERTZ) ....

AUTOHELLAS (HERTZ) S.A.
OLYMPIC "AVIS RENT CAR" ..
OLYMPIC "AVIS RENT A CAR" S.A.
..
BATEK S.A.
LION RENTAL ..
LION RENTAL S.A.

& ..
EMPORIKI RENT S.A.
..
ALFA YACHTINGS S.A.
...
KIRIACOULIS MEDITERRANEAN CRUISES SHIPPING S.A.
..
PERIPLOUS S.A.
..
PRAXIS S.A.
EXECUTIVE LEASE ..
EXECUTIVE LEASE S.A.
..
PRIMA MOTORS S.A.
..
DIRENT S.A.
..
VERNICOS YACHTS S.A.
ANGEL A. ..
ANGEL A. S.A.
BEST LEASING A.E.
PIRAEUS BEST LEASING S.A.
EUROLEASE FLEET SERVISES ..
EUROLEASE FLEET SERVISES S.A.
..
ALIMOS YACHTING MARITIME S.A.
..
KESTREL MARITIME S.A.
EFG ..&..
EFG AUTORENTAL S.A.
....
TEOCAR S.A.
Total
20
Top-20 share
Assets
Turnover

Pre-tax profits
2003
2004
2003
2004
2003
2004
189.831
218.823
92.681
103.159
16.870
17.501
165.988
175.173
67.788
72.997
-5.815
-2.955
86.581
102.438
42.051
43.560
-184
-4.750
50.656
67.814
18.762
24.779
-655
827
41.841
54.589
11.892
19.028
845
844
24.301
54.538
4.214
2.128
805
-6.530
49.258
42.305
10.379
10.967
2.195
1.389
34.199
29.803
2.367
1.771
197
-1.021
24.594
25.732
34.201
43.371
2.107
1.532
17.963
22.370
15.743
18.688
-1.373
-1.146
13.462
21.478
4.892
12.205
-1.113
-608
11.712
15.971
24.577
35.123
212
525
3.491
12.895
2.451
3.245
73
7.914
10.804
453
1.026
-292
-79
9.188
10.611
23.104
30.493
1.718
2.188
7.271
9.473
1.770
12.685
-979
322
9.988
9.386
20
495
-1.161
-607
8.294
8.369
529
766
45
-163
7.007
8.202
8.366
12.087
247
105
7.630
7.947
89
95
-3
-11
771.169
908.722
366.332
448.669
13.739
7.367
76,08
78,92
74,64
76,97
85,25
186,26
195
www.icap.gr
B.X.18 : 20 : 2004

( 000)
B.X.18 Other Services: The Top-20 Companies in IT Services: 2004

( 000)
Rank
Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
DELTA SINGULAR ..
DELTA SINGULAR S.A
..
INTRALOT S.A.
FIRST DATA HELLAS A.E.
FIRST DATA HELLAS PROCESSING SERVICES S.A.
SONAK SYSTEMS & SOFTWARE ....
SONAK SYSTEMS & SOFTWARE S.A.
LOGICDIS ..
LOGICDIS S.A.
INFOTE ..
INFOTE INFORMATION FOR ALL S.A.
..
EMPHASIS SYSTEMS S.A.
IPIROTIKI SOFTWARE & PUBLICATIONS ..
IPIROTIKI SOFTWARE & PUBLICATIONS S.A.
INFORMER ....
INFORMER S.A.
SINGULAR SOFTWARE ..
SINGULAR SOFTWARE S.A.
01 ..
01 PLIROFORIKI S.A.
BYTE COMPUTER ....
BYTE COMPUTER S.A.
QUALITY & RELIABILITY ..
QUALITY & RELIABILITY S.A.
SINGULAR INTEGRATOR ..
SINGULAR INTEGRATOR S.A.
PROFILE SYSTEMS & SOFTWARE ..
PROFILE SYSTEMS & SOFTWARE S.A.
HITECH SNT ..
HITECH SNT S.A.
ICAP ..
ICAP A.E.
ALGOSYSTEMS ..
ALGOSYSTEMS S.A.
SPACE HELLAS ..
SPACE HELLAS S.A.
COMPUCON A.B.E.E.
COMPUCON COMPUTER APPLICATIONS S.A.
Total
20
Top-20 share
196
Assets
Turnover

Pre-tax profits
2003
2004
2003
2004
2003
2004
207.853
269.539
72.454
20.587
12.617
104.067
135.212
201.119
110.405
141.200
68.944
70.676
5.978
137.779
6.521
52.545
-707
12.915
116.978
122.303
16.496
5.344
7.641
-2.918
68.563
70.092
29.528
32.862
-3.030
302
79.071
63.786
55.867
59.327
15.850
16.916
45.464
54.264
14.070
15.496
2.992
4.848
29.765
46.789
8.073
8.414
3.121
3.397
42.143
41.090
19.829
13.525
3.152
4.511
34.708
26.995
23.494
17.311
1.948
-1.589
25.312
25.903
21.987
8.176
985
-1.565
26.548
25.248
33.676
33.048
2.959
2.992
25.832
24.050
10.584
8.169
1.509
501
2.194
23.319
821
12.723
-487
-3.793
17.679
22.257
4.887
6.664
1.645
707
20.090
21.200
9.867
10.378
2.397
1.229
19.959
20.766
16.665
17.969
2.072
2.586
19.856
19.214
15.174
14.315
208
-529
16.787
18.372
20.921
19.981
-7.591
718
14.426
17.150
4.521
6.264
456
773
504.300
116.680
216.744
49,93
103,29
91,83
954.416 1.251.235 495.841

62,83
67,30
52,94
2006
B.X.19 : 20 : 2004

( 000)
B.X.19 Other Services: The Top-20 Companies in Other Business Activities: 2004
( 000)

Rank
1
2
3
4
5
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Company
(...) ..
ORGANIZATION OF SCHOOL BUILDINGS S.A.
..
VIOHALCO S.A.
..
DELTA HOLDING S.A.
..
HELLENIC TECHNODOMIKI TEB S.A.
..
TECHNICAL OLYMPIC S.A.
-
& () ..
HELLENIC ORGANIZATION OF SMALL & MEDIUM SIZE
ENTERPRISES & HANDICRAFTS (EOMMEH) S.A.
LAMDA DEVELOPMENT A.E.
LAMDA DEVELOPMENT S.A.
MARFIN FINANCIAL GROUP ..
MARFIN FINANCIAL GROUP HOLDING S.A.
..&..
TITAN ATLANTIC CEMENT S.A.
, , ..
MARINOPOULOS BROS S.A.
..
GEK S.A.
ALFA ALFA ..
ALFA ALFA HOLDINGS S.A.
... ..
ERGA O.S.E. S.A.
..
THESSALONIKI INTERNATIONAL FAIR S.A.
... ..
EL.P.ET. VALKANIKI S.A.
- ..
ALMA - ATERMON S.A.
COSMOHOLDING ALBANIA ..
COSMOHOLDING ALBANIA S.A.
SANYO ....
SANYO HELLAS HOLDING S.A.
..
EVGA HOLDINGS S.A.
..
IOFIL S.A.
Total
20
Top-20 share
Assets
Turnover

Pre-tax profits
2003
2004
2003
2004
2003
2004
1.273.001
1.437.103
87.579
74.442
-472
-109
657.537
760.566
107
58
23.030
12.226
559.492
562.230
16.776
16.543
13.332
14.457
536.808
531.442
11.677
9.173
48.349
34.797
464.136
449.207
37.698
5.945
43.641
7.303
290.100
316.560
425
295
-3.118
-181
294.417
311.875
179
390
2.865
-585
303.077
283.059
6.501
3.072
-48.003
20.662
273.560
258.949
22.311
6.771
12.184
250.839
250.158
4.450
4.815
3.297
4.081
124.378
247.942
12.026
7.770
5.457
6.487
233.141
165.010
719
235
-2.919
-5.397
106.243
138.574
324.418
304.708
4.071
2.899
124.454
128.492
8.835
5.371
-930
-1.079
174.857
116.571
21.970
11.960
2.555
121.359
116.513
60.454
60.479
7.156
5.149
94.391
113.262
20.884
11.873
21.220
140.754
98.444
157
258
5.829
-28.820
75.993
78.526
2.031
355
73.741
73.561
16.245
18.930
823
1.346
545.330
125.638
106.996
12,59
47,10
47,59
6.172.279 6.438.047 632.525

60,47
61,52
15,04
197
www.icap.gr
B.X.20 : 20 : 2004

( 000)
B.X.20
Other Services: The Top-20 Companies in Education: 2004

( 000)

Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Company
& ..
ZIRIDIS EKPAIDEFTIKI & EMBORIKI S.A.
..
GEITONAS SCHOOL S.A.
..
DOUKAS SCHOOL S.A.
..
EPANGELMATIKI KATARTISSI S.A.
MEYER BRIDGES EDUCATIONAL TRUST ..
MEYER BRIDGES EDUCATIONAL TRUST S.A.
- ..
KOSTEA - GEITONA SCHOOL S.A.
, , ..
PLATON INSTITUTE S.A.
B.C.A. ..
B.C.A. S.A.
..
MORAITI SCHOOL S.A.
..
AKMI EKPAIDEFTIKI S.A.
..
ELLINOGERMANIKI AGOGI S.A.
...
IONIOS SCHOOL S.A.
, ., - . ..
KARAGLANI, O., - D. ANTONOPOULOS EKPAIDEFTIRIA S.A.
. ..
ERASMEIOS HELLENIC GERMAN SCHOOL P. VOSSOS S.A.
..
ORGANISMOS MESSON MAZIKIS EPIKOINONIAS S.A.
CAMPUS E...
CAMPUS LTD
, ., ..
MANTOULIDES, E., EKPAIDEFTIRIA S.A.
I LEARN ..
I LEARN S.A.
..
NEW YORK ERGASTIRIA ELEFTHERON SPOUDON S.A.
01 - ..
01 PLIROFORIKI - EKPAIDEFTIKI S.A.
Total
20
Top-20 share
198
Assets
Turnover

Pre-tax profits
2003
2004
2003
2004
2003
2004
31.233
33.182
1.325
1.235
-923
340
22.275
25.037
15.083
15.611
247
209
22.863
22.757
10.072
11.277
-334
-209
27.170
17.823
1.110
1.017
12.494
-8.580
9.563
15.008
5.731
5.761
450
-511
12.352
13.954
10.178
9.893
-1.445
-774
12.024
13.610
5.982
6.107
300
254
11.193
11.350
4.370
5.186
39
9.652
10.916
10.790
11.810
463
1.063
6.118
7.491
5.462
6.224
315
523
6.285
6.364
7.546
9.543
379
123
6.716
6.273
6.289
6.619
323
256
4.765
5.989
1.364
1.423
13
-924
5.849
5.964
5.837
6.313
913
1.093
3.985
5.481
3.865
4.734
799
1.030
4.558
5.406
7.068
6.966
-622
-1.329
4.484
4.998
5.114
5.781
172
721
4.948
4.806
321
1.643
-538
-32
4.919
4.702
8.609
7.358
173
165
3.717
4.440
3.965
3.968
203
346
214.668
225.551
120.081
128.470
13.421
-6.235
59,30
59,11
42,11
42,36
70,43
2006
B.X.21 : 20 : 2004

( 000)
B.X.21
Other Services: The Top-20 Companies in Health: 2004

( 000)

Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
...
MEDICAL CENTER OF ATHENS S.A.
..
IASO S.A.
EUROMEDICA ..
EUROMEDICA S.A.
& ..
HYGEIA DIAGNOSTIC & THERAPEUTIC CENTER OF ATHENS S.A.
..
PERSEFS S.A.
GENERAL ..
IASO GENERAL S.A.
& ..
MITERA S.A
..
BIOMED S.A.
..
EUROCLINIC OF ATHENS S.A.
..
OLYMPION THERAPEFTIRIO SA.
..
IATROPOLIS MAGNETIC TOMOGRAPHY S.A.
..
GENESSIS S.A.
..
THESSALONIKI GENERAL CLINIC S.A.
..
NOSSILEFTIKI S.A.
..
CENTRAL CLINIC OF ATHENS S.A.
..
BLUE CROSS S.A.
EUROMEDICA ..
EUROMEDICA KRITIS S.A.
, , ..
KALIAMBETSOS BROS S.A.
, . ., ..
STASSINOPOULOS, K. G., NEUROPSYCHIATRY CLINICS S.A.
..
LETO S.A.
Total
20
Top-20 share
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
283.048
295.086
162.354
182.014
2.625
8.984
158.185
177.287
68.421
73.854
19.243
20.388
144.729
168.334
61.529
69.878
1.397
2.261
104.949
118.584
68.802
71.837
2.243
2.551
108.607
112.284
45.990
55.714
1.742
454
71.806
79.805
8.910
23.734
-18.047
-16.574
55.107
60.039
52.643
57.311
15.275
15.582
35.880
46.853
44.779
55.089
13.420
19.682
31.408
38.673
35.807
39.671
4.520
5.365
20.251
33.968
19
1.038
-261
-294
33.266
33.875
9.783
10.981
45
1.721
17.994
29.680
416
-543
23.852
28.239
21.255
29.218
-729
2.481
25.574
28.157
33.138
36.377
269
491
20.919
22.163
21.632
22.906
1.041
1.520
12.647
13.668
10.292
9.966
51
91
13.022
13.275
7.627
8.156
30
150
11.534
12.021
5.743
5.820
-1.021
-1.368
9.052
10.686
9.360
9.703
1.415
451
10.478
10.525
15.173
17.032
3.264
3.141
1.192.308
80,53
1.333.202 683.258 780.717 46.527

80,70
70,07
70,99
60,15
66.533
67,51
199
www.icap.gr
B.X.22 : 18 : 2004

( 000)
B.X.22
Other Services: The Top-18 Companies in Environmental Protection: 2004

( 000)

Rank Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
LOBBE - TZILALIS ....

LOBBE - TZILALIS S.A.
..
ENVIRONMENTAL PROTECTION ENGINEERING S.A.
. ..
DIACHEIRISSIS APORRIMATON PERIFEREIAS D. MAKEDONIAS S.A.
...
ANTIPOLLUTION S.A.
HELLENIC ENVIRONMENTAL CENTER A.E.
HELLENIC ENVIRONMENTAL CENTER S.A.
....
HELLENIC RECYCLING S.A.
..
MARI S.A.
... ..
ELTEPE S.A.
LOBBE TZILALIS NORTH A.E.
LOBBE TZILALIS NORTH S.A.
ENVIROCHEM ..
ENVIROCHEM HELLAS S.A.
..
TECHNIKI PARNITHAS S.A.
....
TECHNIKI PERIVALLONTOS S.A.
- ...
PERIVALLONTIKI - METAFORIKI LTD
, ., ...
KAROUZOS, A., LTD
... ..
V.S.CH. PRIOVOLOS S.A.
..
AMARI S.A.
- ..
ANAPTYXIAKI-EKAR S.A.

..
DIACHEIRISSIS APOSSYROMENVN OPOROKIPEFTIKON
SYNETAIRISTIKI S.A.
Total
18
Top-18 share
200
Assets

Turnover
Pre-tax profits
2003
2004
2003
2004
2003
2004
23.007
20.330
11.937
12.978
133
301
8.520
9.748
10.794
13.203
280
546
3.986
9.059
491
1.070
-1.102
-467
3.094
4.061
2.725
4.251
97
237
3.941
3.375
5.684
8.609
-901
780
2.803
3.277
3.574
4.440
164
462
752
1.308
556
1.902
-52
131
174
1.267
97
1.540
-38
-93
1.143
1.234
1.736
2.148
17
140
1.105
1.190
1.584
1.752
17
245
910
928
874
731
176
27
607
791
357
802
-39
99
480
673
1.051
1.384
54
81
433
531
684
855
42
301
522
918
1.048
-36
81
254
262
210
211
27
20
237
243
188
266
43
31
104
162
97
-13
51
51.852
58.961
43.463
57.287
-1.171
2.715
100,00
100,00
100,00
100,00
100,00
100,00
2006
B.X.23 : 20 , : 2004

( 000)
B.X.23 Other Services: The Top-20 Companies in Recreation, Culture and Sporting: 2004
( 000)

Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Assets
Turnover
Company

(....) ..
ORGANIZATION OF FOOTBALL FORECAST S.A.
() ..
GREEK RADIO TELEVISION (ERT) S.A.
HYATT REGENCY &
() ..
HYATT REGENCY HOTELS & TOURISM (HELLAS) S.A.

(....) ..
HORSE RACING ORGANIZATION OF GREECE S.A.
..
TELETYPOS S.A.
..
ELEFTHERI TILEORASSI S.A.
ALPHA ..
ALPHA SATELLITE TELEVISION S.A.
..
NEW TELEVISION S.A.
..
PARNITHA CASINO S.A.

2004 ..
ORGANISING COMMITTEE FOR THE OLYMPIC GAMES
ATHENS 2004 S.A.
...
OLYMPIAKOS F.C.
..
BETTING COMPANY S.A.
... ...
P.A.O. ATHLETIC F.C.
ODEON ..
ODEON S.A.
..
RODOS CASINO S.A.
... ...
A.E.K. F.C. ATHENS
ODEON CINEPLEX ..
ODEON CINEPLEX S.A.
A.E.K. K...
A.E.K. BASKETBALL CLUB S.A.
..
INSTANT LOTTERY S.A.
STER CINEMAS ..
STER CINEMAS S.A.
Total
20
Top-20 share

Pre-tax profits
2003
2004
2003
2004
2003
2004
762.596
970.717
2.259.285
3.067.915
381.366
736.459
298.215
300.054
220.622
254.167
-11.612
-29.705
244.092
262.249
121.594
123.113
60.687
60.107
257.698
259.431
323.086
330.229
-6.310
-23.967
208.580
228.590
112.550
132.639
4.283
11.011
153.792
195.952
44.019
67.031
-8.780
1.503
182.968
192.083
60.058
53.772
-39.720
-37.742
141.757
136.728
60.999
63.271
195
231
93.870
125.752
41.154
88.492
12.906
33.742
996.728
116.744
1.550.231
7.021
44.814
111.509
7.920
8.214
-26.347
-10.943
96.289
89.361
142.241
139.935
5.430
19.004
26.816
50.927
10.194
11.275
-14.258
1.162
31.432
40.181
27.413
31.613
2.994
3.528
39.092
38.497
32.851
29.171
-944
1.902
30.790
33.532
8.418
4.884
-24.538
-19.815
7.991
32.483
4.818
20.246
239
1.350
19.790
27.559
2.300
3.830
-87
-11
31.581
27.383
13.277
597
2.070
-598
880
27.001
790
20.570
60
-1.109
3.669.771 3.266.734 3.493.589 6.001.194 337.632

83,52
80,86
88,05
90,90
110,47
753.131
104,78
201
www.icap.gr
B.X.24 : 20 : 2004

( 000)
B.X.24
Other Services: The Top-20 Companies in Other Services: 2004

( 000)
Rank
Company
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
LASERLINE CLINICS A.E.

LASERLINE CLINICS S.A.
, , ..
ESTER, HEALTH STUDIO, S.A.
..
ANGELOS S.A.
- ..
EL - EL HEALTH STUDIO S.A.
- ..
MANIADAKIS - GIANNOPOULOU ATHLITIKA KENTRA S.A.
...
GYMNASTIRIA PALAIOU FALIROU S.A.
, ., & ....
PAPAGIANNIS, A., & SON S.A.
, ., & "" ....
SIFAKIS, R., & SONS "STAR" S.A.
..
CRYSTAL FITNESS S.A.
..
BODYLINE HEALTH STUDIO S.A.
..
LEMIS S.A.
...
ELKAER S.A.
5 A SEC ..
5 A SEC HELLAS S.A.
ASTOR ..
ASTOR S.A.
LASER & ..
LASER YPIRESSIES & PROIONTA AISTHITIKIS S.A.
...
SAMOPLIN LTD
"" ..
IDEAL S.A.
..
PLYNTIRIA KERKYRAS S.A.
GYM TEAM ..
GYM TEAM S.A.
..
GYMNASTIRIA ORAIOKASTROU S.A.
Total
20
Top-20 share
202
Assets
Turnover

Pre-tax profits
2003
2004
2003
2004
2003
2004
5.610
6.826
2.243
4.356
114
573
4.992
5.010
431
358
109
199
3.521
3.508
8.033
7.980
796
551
3.351
3.234
599
609
-366
-167
3.357
3.138
1.531
760
198
-199
2.116
2.781
901
263
-18
1.118
1.947
2.445
3.167
220
205
1.747
1.762
1.700
1.377
-168
-188
2.309
1.726
218
1.040
-356
-118
1.318
1.708
459
618
129
96
1.265
1.699
1.857
2.420
276
624
1.598
1.644
638
1.159
-20
-38
1.035
1.589
1.511
3.179
123
391
1.072
1.357
685
996
-90
43
1.209
1.286
490
686
-56
91
868
1.182
747
758
-4
971
1.174
1.805
1.758
25
19
785
989
955
825
-234
-45
693
980
707
446
-137
-228
847
974
323
306
10
39.782
44.515
27.379
33.701
840
1.796
74,53
77,32
68,73
72,23
214,65
132,78
2006

APPENDIX TO SECTION B
FINANCIAL RATIOS
203
www.icap.gr

Financial Ratios
Corporate Sector Exclusive of Banking and Insurance
/ Ratio
/ Definition
/ Capital Structure


Debt to equity

Debt to assets

/ (%)
Net fixed assets / otal assets (%)
/
Debt / quity
/
Debt / Assets
/
Profits before interest and taxes / Interest
/ Operating Activity

Assets turnover

Inventory turnover

Days sales outstanding

Payable deferral period
/
Turnover / Average assets
365 / ()
Average inventories 365 / Cost of goods sold (days)
365 / ()
Average receivables 365 / Sales (days)
365 / ()
Average payables 365 / Cost of goods sold (days)

Current ratio

Acid test or quick ratio

Cash ratio
/ Liquidity
/
Average current assets / Average short-term debt
( ) /
Average (current assets inventories) / Average short-term debt
( + ) /
/ Profitability

Gross profit margin


Net profit margin

Return on equity

Return on assets
/ (%)
Gross profits / Turnover (%)
/ (%)
Operating profits / Turnover (%)
/ (%)
Pre tax profits / Turnover (%)
/ (%)
Pre tax profits / Average equity (%)
( + ) / (%)
(Pre tax profits+ interest charges)/ Average assets (%)
/ Employment

Net fixed assets per employee

Assets per employee

Turnover per employee

Gross profit per employee

Net profit per employee
/ A ( 1000)
Net fixed assets / Employees ( 1000)
/ A ( 1000)
Assets / Employees ( 1000)
/ A ( 1000)
Turnover / Employees ( 1000)
/ A ( 1000)
Gross profits / Employees ( 1000)
/ A ( 1000)
Pre-tax profits / Employees ( 1000)
204
2006
Financial Ratios
Banking
/ Ratio
/ Definition
/ Miscellaneous Indices

Total Loans to assets

Total deposits to liabilities
(%)
Total Loans to total deposits (%)
(%)
/
Total Loans / Assets
/
Total deposits / Liabilities
/ (%)
Total Loans / Total deposits (%)
/ (%)
/ Employment
1
Turnover1 per employee

/ A ( 1000)
Interest and similar income/ Employees ( 1000)
/ A ( 1000)
Pre-tax profits / Employees ( 1000)
1 .
Financial Ratios
Insurance
/ Ratio
/ Definition
/ Capital Structure

Debt to equity
/
Debt / quity
/ Operating Activity

Assets turnover

Equity turnover
/
Turnover / Average assets
/
Turnover / Average equity

Current ratio
/ Liquidity
/
Average current assets / Average short-term debt
/ Profitability

Gross profit margin


Net profit margin

Return on equity

Return on assets
/ (%)
Gross profits / Turnover (%)
/ (%)
Operating profits / Turnover (%)
/ (%)
Pre tax profits / Turnover (%)
/ (%)
/ (%)
Pre tax profits / Average assets (%)
/ Employment

Assets per employee

Turnover per employee

Gross profit per employee

/ A ( 1000)
Assets / Employees ( 1000)
/ A ( 1000)
Turnover / Employees ( 1000)
/ A ( 1000)
Gross profits / Employees ( 1000)
/ A ( 1000)
Pre tax profits / Employees ( 1000)
205
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:
SECTION C
GREECE: ECONOMY AND SOCIETY
206
.
C.I
2006

DEMOGRAPHY AND SOCIAL STATISTICS
..1 : 2001
C.I.1 Demography: 2001 Census Data
%
, . Population, area and pop. density
Population
(2) Area (km2)
( 2) Density (inhabitants per km2)
( . ) Age distribution (by age group)
10.934.097
131.625,5
83,1
529.399
545.105
586.395
726.174
835.463
847.427
869.932
783.413
781.943
713.975
687.349
560.215
640.074
623.245
545.018
328.918
188.193
105.194
29.500
5.467
1.698
4,84%
4,99%
5,36%
6,64%
7,64%
7,75%
7,96%
7,16%
7,15%
6,53%
6,29%
5,12%
5,85%
5,70%
4,98%
3,01%
1,72%
0,96%
0,27%
0,05%
0,02%
Sex
Men
Women
5.413.426
5.520.671
49,51%
50,49%
Family status
Single
Married
Widowed
Divorced
- Separated
4.336.204
5.457.064
775.798
269.264
95.767
39,66%
49,91%
7,10%
2,46%
0,88%
10.296.798
27.259
55.628
858.213
284.056
40.012
362.605
2.300.727
216.122
182.369
1.159.432
3.139.901
654.322
644.699
371.453
94,17%
0,25%
0,51%
7,85%
2,60%
0,37%
3,32%
21,04%
1,98%
1,67%
10,60%
28,72%
5,98%
5,90%
3,40%
7.980.414
2.983.606
72,99%
27,29%
- Women
>=100
- Men
95-99
90-94
85-89
80-84
75-79
70-74
65-69
60-64
55-59
50-54
45-49
40-44
35-39
30-34
25-29
20-24
15-19
10-14
5-9
0-4
-10,0%
-8,0%
-6,0%
-4,0%
-2,0%
0,0%
2,0%
4,0%
6,0%
8,0%
10,0%
0-4
5-9
10-14
15-19
20-24
25-29
30-34
35-39
40-44
45-49
50-54
55-59
60-64
65-69
70-74
75-79
80-84
85-89
90-94
95-99
100+
Educational attainment
Total
PhD holders
Masters degree holders
University graduates
(, ) Higher technical vocational education graduates
Higher education (non-technical, non-tertiary) graduates
Post-secondary non-tertiary education graduates
Upper secondary education graduates
- Technical vocational lyceum graduates
- Technical vocational school graduates
Lower secondary education graduates
- Primary education graduates
- Currently in primary education
. . & Primary school drop-outs that can read & write
Cannot read or write
Urbanisation
Urban population
Rural population
/ Source: () / National Statistical Service of Greece (NSSG)
207
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..2
C.I.2 Population and Social Statistics
Population
. (1 ) - Estimated population (Jan 1st)
Live births
Deaths
Weddings
- Natural change ()
- Total change ()
* Infant mortality* ()
** - Total fertility rate**
1 - Life expectancy at birth1
Public Health
2 - Healthy life years2
Men
Women
Accidents at work
NSSG
IKA
Ministry of Employment
Lethal accidents at work
IKA
Ministry of Employment
3 (% ) - Health care expenditure3 (% GDP)
Poverty
4 Income inequality4
5 - At-risk-of-poverty rate5 (%)
efore social transfers
After social transfers
0-17 6
Children aged 0-17 living in jobless households6 (%)
18-59 7
Adults 18-59 living in jobless households7 (%)
*
**
1
2
3
6
7
E
P
B
:
2000
2001
2002
2003
2004
10.903.757
103.274
105.170
48.880
-0,2
2,5
E
5,9
E
1,29
75,5
10.931.206
102.282
102.559
58.491
0,0
3,4
5,1
P
1,25
P
75,4
10.968.708
103.569
103.915
57.872
0,0
3,4
E
5,1
E
1,27
P
75,4
11.006.377
104.420
105.529
61.081
-0,1
3,1
E
4,0
P
1,27
P
75,4
11.040.650
:
:
:
:
:
:
:
:
66,3
68,2
66,7
68,8
16.179
16.822
4.032
14.440
16.483
5.155
80
127
6,7%
66,7
68,4
:
:
:
:
6.021
:
:
6.235
:
:
116
188
6,8%
:
153
6,8%
:
145
:
:
:
:
5,8
5,7
6,6
22,0%
20,0%
23,0%
20,0%
:
:
24,0%
21,0%
:
:
5,3%
5,3%
5,1%
4,6%
4,5%
9,2%
8,8%
8,9%
8,5%
8,5%
66,7
68,5
B, P
B, P
B, P
/ Difference between live births and deaths.

( ) / Natural change plus net migration (including corrections).
. .
The ratio of the number of deaths of children under one year of age during the year to the number of live births in that year. The value is expressed per thousand live births.

. , ,
( ).
, 2,1 .
The mean number of children that would be born alive to a woman during her lifetime if she were to pass through her childbearing years conforming to the fertility rates by age of a
given year. It is therefore the completed fertility of a hypothetical generation, computed by adding the fertility rates by age for women in a given year (the number of women at each
age is assumed to be the same). The total fertility rate is also used to indicate the replacement level fertility; in more developed countries, a rate of 2.1 is considered to be
replacement level.
( ).
he mean number of years that a newborn child can expect to live if subjected throughout his life to the current mortality conditions (age specific probabilities of dying).
, .
The indicator measures the number of years that a person at birth is expected to live in a healthy condition. It combines information on mortality and morbidity.
, , ,
, ,
.
These expenditures include: cash benefits that replace in whole or in part loss of earnings during temporary inability to work due to sickness or injury; medical care provided in the
framework of social protection to maintain, restore or improve the health of the people protected.
20% 20% .
, .
The ratio of total income received by the 20 % of the population with the highest income (top quintile) to that received by the 20 % of the population with the lowest income (lowest
quintile). Income must be understood as equivalised disposable income.
( ) , 60%
( ). .
The share of persons with an equivalised disposable income below the risk-of-poverty threshold, which is set at 60 % of the national median equivalised disposable income. Retirement
and survivor's pensions are counted as income before transfers and not as social transfers.
0-17 . .
Share of persons aged 0-17 who are living in households where no-one works. Data drawn from the EU Labour force survey.
To 18-59 . 18-24
. .
Share of persons aged 18 - 59 who are living in households where no one works. Students aged 18 -24 who live in households composed solely of students of the same age class are
not counted in either numerator nor denominator. Data drawn from the EU Labour Force Survey (LFS).
/ Estimate
/ Provisional data
/ Break in series
/ Data not available
/ Source: (), Eurostat, / National Statistical Service of Greece (NSSG), Eurostat, Ministry of Labour
208
.I
C.II
2006

ECONOMIC ACTIVITY AND EMPLOYMENT
..1 :
( , 2004 % )
C.II.1 National Income: he Demand Approach
( million, in 2004 prices and annual % change provisional data)
2000
2001
2002
2003
2004
95.535
25.844
31.787
153.166
46.639
106.526
34.050
-12.589
140.136
98.364
25.019
33.356
156.739
44.224
112.515
33.693
-10.531
146.098
101.434
27.104
34.980
163.517
42.955
120.562
31.098
-11.857
151.601
105.486
26.487
40.275
172.248
45.015
127.233
31.407
-13.608
158.669
109.003
28.214
42.213
179.430
48.708
130.722
34.558
-14.150
165.280
2 Per capita magnitudes2

GDP per capita
GNP per capita
12.835
12.947
13.343
13.354
13.798
13.805
14.416
14.412
14.970
14.986
Annual rates of change (%)

- Private consumption
- Public consumption
. - Gross capital formation
Gross domestic product
GDP per capita
2,0%
14,8%
10,0%
4,5%
4,1%
3,0%
-3,2%
4,9%
4,3%
4,0%
3,1%
8,3%
4,9%
3,8%
3,4%
4,0%
-2,3%
15,1%
4,7%
4,5%
3,3%
6,5%
4,8%
4,2%
3,8%
1 Aggregate magnitudes1
- Private consumption
- Public consumption
. - Gross capital formation
- Final domestic demand
- Imports
- Final demand
Exports
- Foreign Balance
Gross domestic product
, , . 2004
, . , .
The NSSG, adhering to recent international practices, has started producing GNP data in current prices and constant prices of the previous year. Hence, the conversion to 2004 prices
sacrifices the additivity of some variables, with the exception of the base year. On the other hand, estimated real growth rates are considered much more reliable.
/ Per capita magnitudes have been deflated from current prices using the GDP deflator.
/ Source: (), / National Statistical Service of Greece (NSSG), National Accounts
(%) - GDP and per capita GDP growth rates (%)
5,5%
4,5%
3,5%
2,5%
1,5%
1996
1997
1998
1999
AE - GDP
2000
2001
2002
2003
2004
GDP per capita

/ Source: , / NSSG, National Accounts
..2
( , 2004 )
C.II.2 Gross Value Added
( million, in 2004 prices provisional data)

1 - Gross Value Added1
, & - Agriculture, hunting & forestry
- Fishing
- Mining and quarrying
- Manufacturing
. , . & Electricity, gas and water
- Construction
Wholesale and retail trade
., . & . Transport, storage & commun.
. / - Financial intermediation
. , . Real estate, etc.
. & Pub. administration & security
Education
* Other services*
1
2000
2001
2002
2003
2004
126.699
8.665
797
827
16.038
2.293
9.575
14.428
9.733
10.313
6.721
20.931
9.536
6.150
7.131
3.820
132.759
8.279
839
845
16.563
2.324
10.951
16.070
10.338
10.447
7.119
21.669
9.634
6.076
7.313
4.391
136.935
8.157
860
916
16.962
2.366
11.108
16.259
10.876
11.061
6.749
22.070
10.442
6.819
7.788
4.691
144.037
7.795
868
872
17.378
2.514
12.470
18.065
11.622
11.758
7.351
22.715
9.991
7.666
8.166
4.961
150.390
8.659
906
879
17.100
2.561
12.921
17.617
11.844
13.539
7.733
23.745
11.084
7.687
8.814
5.300
, , . 2004
, . , .
The NSSG, adhering to recent international practices, has started producing GNP data in current prices and constant prices of the previous year. Hence, the conversion to 2004 prices
sacrifices the additivity of some variables, with the exception of the base year. On the other hand, estimated real growth rates are considered much more reliable.
, .
Other community, social and personal service activities and private households with employed persons.
/ Source: (), / National Statistical Service of Greece (NSSG), National Accounts
209
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..3
C.II.3 Employment and Unemployment
2000
2001
2002
2003
2004
Men
Employed (000)
Unemployed (000)
Unemployment rate (%)
Youth unemployment (%)
* Participation rate* (%)
2.568,1
208,1
7,5%
48,1%
64,7%
2.566,5
201,2
7,3%
46,5%
64,1%
2.614,7
190,9
6,8%
42,1%
64,4%
2.663,2
176,2
6,2%
42,1%
64,8%
2.670,9
188,2
6,5%
41,8%
64,9%
Women
Employed (000)
Unemployed (000)
1.515,4
315,4
17,2%
87,2%
40,3%
1.512,3
292,7
16,2%
81,8%
39,5%
1.561,2
289,4
15,7%
80,4%
40,2%
1.611,3
283,8
15,0%
80,4%
41,0%
1.642,3
317,5
16,2%
82,1%
42,1%
Total
Employed (000)
Unemployed (000)
4.088,5
523,5
11,4%
63,9%
52,2%
4.086,3
494,0
10,8%
61,5%
51,4%
4.175,8
480,3
10,3%
58,7%
51,9%
4.274,5
460,0
9,7%
58,5%
52,5%
4.313,2
505,7
10,5%
59,6%
53,2%
56,5%
46,0%
52,8%
47,0%
53,2%
41,1%
56,7%
41,4%
55,0%
41,6%
978.266
534.805
341.195
102.266
-22,1%
1.033.085
597.575
386.043
49.467
-51,6%
1.080.305
590.642
418.233
71.430
44,4%
1.083.880
652.820
398.888
32.172
-55,0%
1.107.809
665.778
417.912
24.119
-25,0%
** Long-term unemployment** (%)

1 New entrant unemployment1 (%)
. . Private sector employment flows
Recruitment notifications
Dismissals
Quits
: Net difference: new jobs
Annual rate of change (%)
*
**
1
/ Quarterly averages.
15-24 / 15-24 age group unemployment rate.
Labour force as a share of the total population in the same age groups.
12 / Unemployment lasting more than 12 months.
/ Unemployment amongst new entrants into the labour force.
/ Source: (), / National Statistical Service of Greece (NSSG), Labour Force Survey, OAED and PAEP SA
10,1%
5,8%
10,4%
10,2%
5,8%
11,3%
9,2%
5,4%
9,9%
9,3%
10,3%
5,5%
5,5%
10,2%
5,3%
9,9%
9,8%
5,5%
11,4%
5,8%
10,0%
5,4%
11,2%
10,2%
5,6%
5,6%
10,4%
5,7%
11,2%
11,0%
10,9%
12,3%
11,2%
11,7%
6,9%
12,7%
11,9%
6,9%
10,8%
6,0%
11,4%
10,8%
6,1%
12,0%
11,8%
14,0%
12,2%
(% , )
Unemployment and long-term unemployment (% of labour force, quarterly data)
5,8%
5,7%
5,6%
5,9%
4,0%
5,9%
6,2%
7,0%
6,6%
7,1%
6,6%
6,3%
6,0%
6,4%
8,0%
2,0%
0,0%
1998
1999
2000
2001
2002
2003
2004
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
- Unemployment
- Long-term Unemployment
/ Source: , / NSSG, Labour Force Survey
210
2006
..4 : , ,
C.II.4 Primary Sector: Agriculture and Fisheries
2000
2001
2002
2003
2004
675.219
17,3%
653.520
16,8%
626.773
16,1%
631.360
16,0%
561.384
13,8%
:
:
:
:
:
:
34.682
22.199
1.185
1.334
9.964
41,1%
34.555
22.112
1.161
1.311
9.971
41,4%
34.258
21.762
1.163
1.313
10.020
42,4%
34.037
21.540
1.154
1.318
10.025
43,0%
(000 ) Agricultural output (000 tons)

Cereals
Wheat
Tomatoes
Collection of cows milk
. Production of milk on the farm
Meat :
Pigs
Poultry
Cattle
Sheep and goats
4.062,0
1.858,0
1.863,7
669,5
1.895,9
141,4
163,8
63,3
125,0
4.091,3
1.830,4
1.938,0
706,0
1.901,5
136,6
162,6
59,9
122,1
4.074,9
1.783,0
1.882,5
678,1
1.877,1
139,4
164,0
62,0
126,1
4.110,0
1.631,7
1.790,0
684,5
1.891,4
133,6
169,2
61,8
122,3
4.330,2
1.773,7
1.880,0
:
:
136,7
:
62,5
124,7
(ECU/ ) Product (ECU/ millions)

Crop output
Animal output
. Gross value added of agriculture
8.177,9
2.709,0
8.209,6
8.195,5
2.770,0
8.427,4
8.222,3
2.770,0
8.297,1
Fisheries
(000 ) Catches (000 tons live weight)
Aquaculture production
Fishing fleet power (kW)
. ( ) Fishing fleet tonnage (GT)
99
95
621.658
108.060
94
98
625.123
109.505
96
88
597.039
103.020
Employment
Employment share (%)
. () Cultivated area (000 m2)
Total area
Arable land
Vegetable land
Vineyards
Permanent Croplands
Percentage irrigated (%)
E
:
E
E
E
8.198,8
2.815,4
8.227,5
92
101
572.228
99.598
E
E
E
8.769,4
2.925,1
8.627,5
:
:
549.493
95.128
,
. , , , .
These magnitudes are measured at basic prices, i.e. at the price received by the producer, after deduction of all taxes on products but including all subsidies on products. The concept
of output comprises sales, changes in stocks, and crop products used as animal feedingstuffs, for processing and own final use by the producers.
H .
01 NACE Rev. 1.
Gross value added at basic prices corresponds to the value of output (at basic prices) less the value of intermediate consumption. The definition of the agricultural industry is based on
Division 01 of NACE Rev. 1.
/ Estimate
/ Source: Eurostat/ National Statistical Service of Greece and Eurostat
..5 :
C.II.5 Secondary Sector: Industry and Construction
2000
2001
2002
2003
2004
932.817
23,9%
933.600
24,0%
926.534
23,8%
923.364
23,4%
947.844
23,3%
. . (% ) Ind. prod. index (% change)

General index
Manufacturing
, , electricity, gas, water
Energy
Intermediate goods
Capital goods
Durable consumer goods
- on-durable consumer goods
7,2%
5,1%
13,4%
11,5%
12,3%
9,3%
7,2%
12,7%
1,9%
-1,8%
-2,5%
2,4%
-0,1%
-0,3%
-0,5%
-13,0%
-14,4%
0,7%
0,8%
-0,1%
9,7%
1,8%
2,3%
1,6%
-7,2%
-15,4%
2,3%
0,3%
-0,4%
-5,2%
5,8%
2,9%
-0,4%
0,8%
-3,6%
-1,4%
1,2%
1,2%
0,3%
1,4%
0,3%
1,0%
-0,5%
1,8%
2,7%
Housing and construction

. . (000 3) Private building activity (000 m3)
of which in Attiki (%)
% Annual % change
(000 ) Cement production (000 tonnes)
% Annual % change
* ( .) PIP* disbursements ( mil.)
62.812
17.859
5,7%
14.531
4,5%
7.328
70.424
21.311
12,1%
15.196
4,6%
7.860
77.081
23.680
9,5%
14.850
-2,3%
7.120
78.265
22.052
1,5%
15.348
3,4%
8.520
75.642
19.719
-3,4%
15.036
-2,0%
9.520
. (% ) Business expectat. (% change)

Manufacturing
Construction
6,8%
4,1%
-4,3%
-5,6%
-0,6%
0,1%
-3,3%
0,8%
1,3%
-28,9%
Employment
2000. (NACE . 1),

1165/98.
New revised industrial production index with base year 2000. It is compiled according to the Nomenclature of all Economic Activities within the European Communities (NACE Rev.1) as it I
s used by EU member countries according to the regulation 1165/98.
based on construction permits.
/ Public Investment Program.
/ Source: (), Eurostat, / National Statistical Service of Greece (NSSG), Eurostat, Bank of Greece and FEIR
211
www.icap.gr
..6 : , , , ,
C.II.6 Tertiary sector: Commerce, Transport, Communications, Tourism, Financial Services
2000
2001
2002
2003
2004
2.294.964
58,8%
2.306.770
59,3%
2.335.800
60,0%
2.391.276
60,6%
2.558.772
62,9%
. (% ) Retail trade vol. (% change)

General index
Large food stores
Department stores
, , Food, beverages and tobacco
, Pharmaceuticals and cosmetics
Clothing and footwear
, . , . . Furniture, electr. & household eq.
, & Books, office equipment etc.
8,9%
9,6%
7,4%
3,2%
10,7%
13,6%
11,6%
8,5%
4,2%
3,8%
6,5%
1,2%
8,1%
3,0%
4,5%
5,8%
4,8%
6,3%
8,5%
0,4%
6,7%
3,5%
4,6%
5,3%
4,4%
7,6%
6,7%
0,2%
7,5%
0,9%
3,8%
7,5%
4,5%
7,5%
5,8%
4,7%
5,2%
1,4%
4,0%
4,8%
() Transport (thousands)
.. New private passenger car registr.
. . - Olympic Airways passenger-kms
Piraeus port passengers
. Hellenic rail freight ton-kms
Piraeus port freight moved (tons)
300,9
8.859.500
10.162,9
426.000,0
15.628,5
287,7
8.419.500
10.967,0
379.500,0
16.318,1
275,7
7.548.000
11.797,9
326.600,0
18.424,2
268,2
6.377.800
12.536,6
456.200,0
21.425,4
310,4
6.788.300
11.916,8
588.500,0
20.586,8
:
:
:
:
4,2%
1,4%
4,0%
1,3%
3,8%
1,3%
:
:
:
5.659.274
5.932.000
34.662
:
:
:
5.607.732
7.964.000
51.390
12,0%
:
0,5%
5.412.796
9.314.000
65.540
16,0%
88,0%
0,2%
5.412.796
8.936.000
76.590
17,0%
87,0%
1,0%
:
:
86.550
8.249
613.636
62.563
75,8%
24,2%
9.651
8.331
609.110
60.025
75,5%
24,5%
9.950
8.329
599.610
54.466
75,2%
24,8%
9.340
8.689
644.898
54.513
74,7%
25,3%
8,330
8.843
660.976
:
42
21
2.953
163
59.778
4.604
46
20
3.042
181
59.144
4.753
44
20
3.018
189
59.772
4.774
42
19
3.157
206
59.854
4.802
:
:
:
:
:
:
195.862,5
205.068,1
213.181,1
222.485,0
247.772,2
6,8%
4,1%
-4,3%
-5,6%
-0,6%
0,1%
-3,3%
0,8%
1,3%
-28,9%
Employment
Communications
. (% ) Telcom. expenditure (% of GDP)
* (% ) IT expenditure* (% of GDP)
Internet access (%):
** Households**
1 Enterprises1
. 2 (% ) E-commerce2 (% of turnover)
. Main phone connections
. .3 Active mobile phone subscriptions3
. Mobile tel. tax revenue ( 000)
Tourism
. Hotels and similar establishments
Bed places
Total nights spent (000)
By residents (%)
y non-residents (%)
4 (. ) - Travel receipts4 (mil. euros)
5 Financial Services5
6 Credit institutions6
Number
- f which foreign
- Branches
- f which foreign
Employees
f which in foreign
/ 7 Monetary financial institutions7
( . ) - Assets (outst. balances in mil. )
. (% ) Business expectat. (% change)
Retail Trade
Services
*
**
1
3
4
5
6
7
:
:
:
8.830
( 2000) - Revised retail trade volume index (new sample by NSSG 2000).
, , .
Annual data on expenditure for telecommunication hardware, equipment, software and other services as a percentage of GDP.
, , .
Annual data on expenditure for IT hardware, equipment, software and other services as a percentage of GDP.
. . 16-74 .
Percentage of households who have Internet access at home. All forms of Internet use are included. The population considered is aged 16 to 74.
. 10 .
NACE D, F, G, H ( 55.1 - 55.2), I, K, O ( 92.1 - 92.2).
Share of enterprises having access to the Internet. This indicator consists of enterprises with 10 or more full-time employees. The enterprises have their main activity in NACE
sections: D, F, G, H (groups55.1 - 55.2 only), I, K, O (groups 92.1 - 92.2 only).
10 , .
, .
Share of turnover sold via the internet by enterprises with 10 or more persons employed. The year given relates to the survey year. The e-commerce data relates to the year prior to
the survey.
. .
Active subscriptions and active pre-paid cards. One person may have more than one subscription.
1999 (). , 2002. 2002
.
1999 prices - data deflated with CPI (NSSG). Revised, final data for 2002. Figures for 2002 are based on a new method of collection and are not comparable with those for previous
years.
31/12 . .2 / Data refer to the status on 31/12 of each years. See also table E.2.
. .
Include commercial banks and specialised credit institutions. Exclude the Bank of Greece and the credit cooperatives.
( ) .
.
Comprise credit institutions (including the Bank of Greece) and money market funds. Total assets are calculated from the consolidated balance sheet.
: (), Eurostat, , , , ,
Source: National Statistical Service of Greece (NSSG), Eurostat, Olympic Airways, Hellenic Rail, Piraeus Port Authority, Bank of Greece, FEIR
212
2006
.III , ,
C.III PRICES, EARNINGS, COSTS AND PRODUCTIVITY
..1 , ,
C.III.1 Prices, Earnings, Costs and Productivity
2000
2001
(% ) Price indices (% change)
.. Consumer P..
. & Excl. fruit, veget. & energy
. & xcl. unproc. food & energy
.. Harmonised Consumer P.I.
. & Excl. fruit, veget. & energy
& xcl. seasonal food & energy
.. - Producer P.I.
X Excluding energy
For dom. market
X Excluding energy
For foreign market
X Excluding energy
.. Wholesale P.I.
Final goods
Primary production
Industry
Imports
Exports
.. Urban area dwellings P.I.
A Athens
Other urban areas
& * (% ) Earnings & costs* (% change)
. (.) Mean gross earnings (real)
. (.) Mean gross earnings (nominal)
In the public sector
In public enterprises
In banking
- In the non-bank private sector
Average employee net earnings
In real terms
&
Total labour cost: wages & employers social insurance contributions
Other earnings data
** - Gender pay gap** (%)
Min. wage of blue-collar workers ()
Min. salary of white-collar workers ()
(% ) Productivity (% change)
1 OECD labour productivity1
2 Productivity in manufacturing2
. (% ) Unit labour cost (% change)
Total economy
Bank of Greece
NSSG
Eurostat3
Manufacturing
Bank of Greece
Eurostat ( industry)4
*
**
1
2
3
4
B
:
2002
2003
2004
3,2%
2,0%
2,2%
2,9%
1,8%
1,8%
:
:
:
:
:
:
6,6%
5,3%
1,5%
5,2%
6,4%
12,3%
10,5%
15,1%
6,0%
3,4%
3,8%
3,7%
3,7%
3,8%
3.9%
2,8%
4,6%
3,6%
5,1%
0,7%
3,4%
2,3%
2,5%
10,0%
2,7%
1,9%
0,7%
14,6%
17,6%
11,3%
3,6%
3,6%
3,7%
3,9%
3,9%
3,7%
1,9%
2,1%
2,3%
2,3%
1,1%
1,0%
2,4%
2,6%
11,2%
2,6%
0,4%
1,9%
13,0%
16,2%
9,5%
3,5%
3,2%
3,2%
3,4%
3,1%
3,0%
1,6%
1,5%
2,3%
2,5%
-0,3%
-0,6%
2,1%
2,7%
8,6%
2,7%
1,1%
0,1%
5,7%
9,5%
7,9%
2,9%
3,3%
3,3%
3,0%
3,4%
3,4%
3,8%
3,7%
3,5%
4,7%
5,0%
1,8%
2,4%
2,1%
-1,7%
4,5%
0,5%
3,4%
:
:
5,4%
2,8%
6,1%
7,1%
13,7%
6,8%
5,0%
8,1%
4,7%
1,4%
4,8%
5,5%
8,2%
6,4%
5,3%
3,5%
0,1%
2,9%
6,6%
7,3%
11,2%
2,9%
6,5%
6,3%
2,6%
1,7%
5,3%
5,9%
7,0%
3,1%
5,8%
6,0%
2,4%
4,3%
7,3%
10,5%
7,8%
8,0%
5,8%
5,4%
2,4%
9,0%
8,4%
9,2%
8,0%
8,9%
15,0%
20,36
454,52
18,0%
21,05
469,65
17,0%
22,17
494,77
11,0%
23,29
519,87
:
24,50
547,56
5,2%
2,0%
5,2%
-0,6%
4,0%
0,6%
3,4%
1,2%
2,5%
1,2%
4,3%
1,3%
-2,0%
3,9%
0,8%
-2,6%
5,2%
5,7%
1,6%
3,2%
0,8%
-2,6%
4,5%
4,4%
1,0%
3,4%
-4.7%
6,1%
-2.5%
5,3%
-0.3%
4,7%
-5.3%
4,5%
:
. 2000. / Industry only. This survey is carried out as of 2000.

. Property .
.
Bank of Greece calculations. Data sources: for "other" urban areas data Bank of Greece; for Athens calculations based on Property Ltd data. For all urban areas weighted index
according to the stock of houses.
/ Bank of Greece estimates.
. ,
. 16-64 15+ .
Unadjusted form. The difference between men's and women's average gross hourly earnings as a percentage of men's average gross hourly earnings. The population consists of all paid
employees aged 16-64 that are 'at work 15+ hours per week'.
. . .
Only business sector. Calculated as the growth of value added at constant prices by the growth of the labour force. Annual rate of change.
. .
Product per hour of work in manufacturing; Bank of Greece calculations based on NSSG data. Annual rate of change.
, . .
Compensation per employee in current prices divided by GDP in current prices per total employment. Annual rate of change.
( ) .
Growth rate of unit labour cost of the industrial sector (excluding construction) in current prices.
/ Break in series
: , , Eurostat, ()
Source: National Statistical Service of Greece (NSSG), Bank of Greece, Eurostat, Organisation for Economic Cooperation and Development (OECD)
213
.V
C.IV
www.icap.gr

PUBLIC FINANCES
.IV.1
( , )
C.IV.1 Government Budget
( millions and percentages, where specified)
2001
2002
2003
2004*
2005**
Outlays
Primary outlays
Personnel outlays
Other outlays
. . Public investment budget
- Interest
44.578
34.867
13.866
13.159
7.842
9.711
46.412
37.278
15.353
14.911
7.014
9.134
51.551
42.135
16.526
17.174
8.435
9.416
57.785
48.319
18.737
20.067
9.515
9.466
58.227
48.427
19.273
21.104
8.050
9.800
- Revenue
Direct taxes
Indirect taxes
Non-tax revenue
. Public investment budget
39.368
13.585
19.499
3.490
2.795
41.051
14.813
20.989
3.246
2.003
41.704
15.397
21.484
3.000
1.823
45.117
16.484
22.980
2.571
3.082
49.710
18.145
25.595
2.570
3.400
/ Deficit/Surplus
/ Primary deficit/surplus
-5.210
4.501
-5.361
3.773
-9.847
-431
-12.668
-3.202
-8.517
1.283
% - as % of GDP
/ Deficit/surplus
/ Primary deficit/surplus
-4,0%
3,4%
-3,8%
2,7%
-6,4%
-0,3%
-7,7%
-1,9%
-4,8%
0,7%
4,3%
6,2%
4,9%
4,1%
6,9%
4,3%
11,1%
13,0%
1,6%
12,1%
14,7%
8,2%
0,8%
0,2%
10,2%

Outlays
Primary outlays
Revenue
*
**
/ Includes the extension of the fiscal year.

/ Provisional data
/ Budget
/ Source: , / Ministry of Economy and Finance, State General Accounting Office
.IV.2 ()
( , )
C.IV.2 Net Borrowing Requirement (NBR) and Public Debt

( millions and percentages, where specified)
2000
2001
2002
2003
2004
Central government NBR

Government budget
* Ordinary budget*
. . Public investment budget
** PCAGGCA**
7.092
:
:
:
:
7.812
7.909
3.125
4.784
-97
7.102
6.674
2.128
4.546
428
10.526
10.833
4.106
6.727
-307
15.605
15.377
8.841
6.536
228
Central government debt

Domestic
Foreign
148.79
115.471
33.328
161.041
152.541
8.500
171.939
167.242
4.697
183.376
179.994
3.382
201.757
199.254
2.503
Public entities debt

1 Domestic1
Foreign
-10.040
-10.040
0
-10.346
-10.346
0
-13.054
-13.054
0
-15.654
-15.654
0
-19.055
-19.055
0
. Consolidated debt
Domestic
Foreign
138.759
105.431
33.328
150.695
142.195
8.500
158.885
154.188
4.697
167.722
164.340
3.382
182.702
180.199
2.503
5,9%
122,2%
114,0%
86,6%
27,4%
5,9%
122,7%
114,8%
108,3%
6,5%
5,0%
121,4%
112,2%
108,9%
3,3%
6,9%
119,5%
109,3%
107,1%
2,2%
9,4%
122,0%
110,5%
109,0%
1,5%
% - as % of GDP
Central government NBR
Central government debt
Public entities debt
. Consolidated debt
Consolidated domestic debt
Consolidated foreign debt
*
**
1
:
/ Provisional data
/ On a cash-flow basis.
/ Including movements in public debt management accounts.
.
Payment and Control Agency for Guidance and Guarantee Community Aid.
, .
The domestic debt of public entities has been reduced by their holdings of government securities.
/ Source: / Ministry of Economy and Finance and Bank of Greece
214
.V
C.V
2006
,
BANKING, MONEY AND CAPITAL MARKETS
.V.1 K
( % , , )
C.V.1 Money and Capital Markets
(Annual % yields, period averages and millions, where specified)
2000
2001
2002
2003
2004
2.076,1
4.287,8
5.008,7
124,7
2.279,0
4.684,4
5.446,8
136,7
2.499,4
4.981,4
5.806,4
133,8
2.729,2
5.297,9
6.180,8
140,8
2.948,8
5.634,0
6.569,4
152,3
Money market interest rates

Overnight deposits
One-month depostis
Three-month deposits
Six-month deposits
Twelve-month deposits
8,24%
8,28%
7,80%
7,32%
6,55%
4,39%
4,33%
4,26%
4,15%
4,08%
3,29%
3,30%
3,32%
3,35%
3,49%
2,32%
2,35%
2,33%
2,31%
2,34%
2,05%
2,08%
2,11%
2,15%
2,27%
A . Govt securities yields

Treasury bills
3 3-year bond
5 5-year bond
10 10-year bond
20 20-year bond
6,22%
5,99%
5,98%
6,10%
6,35%
4,08%
4,28%
4,58%
5,30%
5,76%
3,50%
4,06%
4,45%
5,12%
5,52%
2,34%
2,82%
3,37%
4,27%
4,91%
2,27%
2,87%
3,37%
4,25%
4,77%
o. Shares and mutual funds

XAA ASE Share price index
Banking
Industry
FTSE/ASE 20
FTSE/ASE MID40
FTSE/ASE SMALL CAP 80
FTSE/ASE 140
3.388,9
7.307,0
2.072,8
1.951,0
3.954,4
:
:
2.591,6
4.788,1
1.535,8
1.428,9
2.791,0
807,0
:
1.748,4
2.688,2
1.014,7
863,9
1.875,1
464,5
2.000,0
2.263,6
4.246,9
1.171,5
1.170,0
2.377,1
597,4
2.667,0
2.786,2
6.129,0
1.227,1
1.547,5
2.309,9
470,1
3.263,1
34.428,7
28.609,9
5.733,0
85,8
30.978,9
4.726,5
15.358,4
41.544,1
34.706,6
6.818,9
18,6
26.825,4
5.585,4
9.693,1
24.772,1
19.674,5
5.084,6
13,0
25.429,2
5.120,4
10.747,5
34.902,7
29.877,8
4.975,9
49,0
30.383,5
6.539,5
15.787,4
35.715,4
32.102,3
3.519,0
94,1
31.628,5
7.621,9
15.434,8
-38,8%
-80,0%
-12,0%
-23,5%
20,7%
-13,4%
-32,5%
-40,4%
-5,2%
29,5%
40,9%
19,5%
23,1%
2,3%
4,1%
/ End of period
Money supply
M1 Eurozone M1
M2 Eurozone M2
M3 Eurozone M3
M3 - Greek M3
( .) Value of transactions ( mil.)

* Main market*
Parallel market
Bonds
. . . ( .) Mutual fund assets ( mil.)
, Of which, bonds funds
, Of which, money market funds
Share price index
. Value of stock exchange transact.
Mutual fund assets
*
:
1 = + 2 = 1 + 2 + 3
3 = 1 + 2 + + + 2
2000 11 - 2001 12 -.
M1 = currency in circulation + overnight deposits ; M2 = M1 + deposits with agreed maturity up to 2 years + Depostis redeemable at notice up to 3 months ;
M3 = M1 + M2 + repurchase agreements + money market fund shares/units + Money market paper and debt securities up to 2 years
Euro area data up to end-2000 cover the Euro 11; from the beginning of 2001 they cover the Euro 12.
2001, , - .
As of 2001, this measure excludes currency in circulation, due to difficulties measuring it at Eurozone member-state level.
2001, / As of April 2001, the value of shares in the New Market is included.
/ Source: / Bank of Greece and Athens Stock Exchange
( ) Stock market indicators (daily data)
7000
6000
2000
2001
2002
2003
2004
5000
4000
3000
2000
1000
0
- General Index
FTSE/ASE 20
/ Source: / Athens Stock Exchange
215
www.icap.gr
.V.2 T , I T
( % )
C.V.2 Domestic Bank Deposits from, and Credit to the Private Sector
(Outstanding balances in millions and annual % changes)
/ End of period
Repos - Total deposits and Repos
Repurchase agreements
Deposits
Sight deposits
Savings deposits
Time deposits
Total Credit
Enterprises
- Agriculture
* Industry*
- Commerce
Tourism
Shipping
. Other financial instit.
Other
Housing credit
Commerical banks
E . . Specialised credit inst.
Consumer credit
Credit cards
Against documents
Personal credit
Other types of credit
. & . Household & enterprise deposits
/ () Enterprise credit (outstanding)
/ () Household credit (outstanding)
() Housing credit (outstanding)
/ () Consumer credit (outstanding)
2000
2001
2002
2003
2004
109.254,9
18.517,1
90.737,8
11.007,0
50.917,8
28.813,0
125.962,1
24.152,7
101.809,4
13.385,2
58.323,1
30.101,1
124.239,6
19.478,5
104.761,1
13.367,3
60.406,1
30.987,7
126.151,8
10.401,7
115.750,1
15.395,8
65.141,1
35.213,2
137.531,6
9.107,1
128.424,5
18.274,2
73.954,2
36.196,1
59.330,0
42.360,3
3.884,9
11.823,7
12.374,2
1.814,3
3.614,2
682,0
8.167,0
16.969,7
11.271,8
8.758,8
2.513,0
5.511,4
2.290,2
1.448,3
1.772,9
186,5
74.027,4
50.198,7
3.724,2
12.614,9
15.524,3
2.171,3
4.103,5
1.699,9
10.360,6
23.828,7
15.652,2
12.453,3
3.198,9
7.852,0
3.725,7
1.956,5
2.169,8
324,5
86.510,5
55.012,2
3.224,7
14.364,0
15.670,8
2.903,2
4.147,0
2.869,2
11.833,3
31.498,3
21.224,7
17.486,9
3.737,8
9.755,4
4.957,2
1.768,4
3.029,8
518,2
101.178,1
60.979,3
3.082,7
15.865,1
16.514,4
3.488,2
4.316,7
2.767,2
14.945,0
40.198,8
26.534,2
22.002,5
4.531,7
12.409,6
6.222,4
2.089,7
4.097,5
1.255,0
117.201,7
65.566,3
3.248,0
15.675,6
18.821,6
4.040,0
4.494,8
2.693,0
16.593,3
51.635,4
33.126,8
27.879,7
5.247,1
17.053,8
7.665,4
2.810,5
6.577,9
1.454,8
7,4%
24,6%
35,5%
31,2%
42,7%
12,2%
18,5%
40,4%
38,9%
42,5%
2,9%
9,6%
32,2%
35,6%
24,2%
10,5%
10,8%
27,6%
25,0%
27,2%
10,9%
7,5%
28,5%
24,8%
37,4%
- ( ) .
Relations between non-financial and monetary institutions excl. the general government (enterprises and households) and other financial and monetary institutions.
/ Includes blocked deposits.
/ Includes mining and small-scale industry.
/ Source: / Bank of Greece
.V.3 2004
( )
C.V.3 Deposit and Lending Interest Rates 2004

(average annual percentages)
Interest on deposits
New deposits
N Households
Savings deposits
Current accounts
aturity up to a year
1-2 Maturity 1-2 years
E Enterprises

vernight deposits
Maturity up to a year
1-2 Maturity 1-2 years
Repos
Outstanding deposits
N Households
2 Maturity up to 2 years
E Enterprises
2 Agreed maturity up to 2 years
Repos
*
**
:
0,90
1,05
2,29
2,15
0,55
2,17
:
1,98
2,42
2,16
2,01
( ),
( )
All loans (fixed and floating rate), including charges (Annual Percentage Rate of Change
APRC)
, .
Credit cards, open account loans and current account debit accounts.
.
Credit lines ad debit balances on sight deposits.
.
Includes loans without defined maturity.
Credit Interest
New credit
N Households
Housing loans
Consumer loans
Other loans
X . Without defined maturity
E ( 1 . ) - Enterprises (up to 1 mil. )

Floating rate or fixed up to a year
1-5 Fixed rate for 1-5 years
X . * Without defined maturity*
Outstanding credit
N Households
Housing credit
Up to a year
1-5 1-5 years
5 - Over 5 years
Consumer credit etc.
** Up to a year**
1-5 1-5 years
5 Over 5 years
E Enterprises
Business credit
** Up to a year**
1-5 1-5 years
5 Over 5 years
4,75
11,11
6,38
13,81
4,98
5,25
7,01
5,78
5,93
5,07
13,23
10,22
8,44
5,77
5,27
5,06
216
.VI
C.VI
2006

EXTERNAL TRANSACTIONS
.VI.1
( %, )
C.VI.1 Balance of Payments
(millions of euro and %, where specified)
2000
2001
2002
2003
-21.927,5
-18.940,8
-21.610,9
-18.614,3
-22.708,7
-19.203,7
-22.643,5
-18.607,7
-25.435,7
-20.960,8
-2.986,7
11.098,6
47,3%
17,7%
1,5%
33,5%
33.026,1
61,0%
2,8%
4,0%
32,2%
8.711,0
10.061,2
4.948,9
8.640,6
4.458,3
2.275,2
2.858,8
-955,1
631,0
272,0
2.408,3
3.722,4
5.799,3
5.331,8
1.568,9
2.795,2
758,8
-8.372,4
-2.996,6
11.545,4
42,0%
18,4%
1,9%
37,70%
33.156,3
54,5%
3,6%
5,2%
36,7%
9.150,0
10.579,9
4.650,8
9.113,3
5.351,0
2.382,7
2.924,1
-1.981,3
606,3
280,9
1.494,0
3.800,0
6.272,9
5.921,7
1.866,7
3.024,2
806,3
-8.169,3
-3.505,0
10.433,6
43,5%
16,6%
2,1%
37,80%
33.142,3
52,2%
2,7%
5,0%
40,1%
10.755,3
10.284,7
2.548,7
8.523,4
5.029,7
2.323,3
2.797,7
-2.073,4
509,6
240,4
1.116,9
3.459,5
5.455,4
5.458,0
1.695,7
2.343,4
650,3
-8.571,3
-4.035,8
11.113,6
46,7%
16,4%
1,6%
35,30%
33.757,1
54,5%
2,7%
4,7%
38,1%
11.506,4
9.495,3
2.136,0
9.569,8
4.923,6
2.365,3
2.864,3
-2.597,4
337,2
169,9
1.231,9
3.996,5
5.088,1
5.375,0
2.169,3
2.442,4
560,0
-8.646,3
-4.475,0
12.653,3
47,8%
17,0%
2,0%
33,20%
38.089,0
53,7%
3,1%
5,1%
38,1%
15.467,0
10.347,3
2.310,4
13.307,8
5.728,2
3.087,7
3.236,9
-2.457,5
280,0
188,9
1.406,5
3.955,1
6.051,1
6.544,2
2.286,6
2.430,1
672,6
-6.411,0
-1.116,2
-2.319,0
1.087,6
-688,5
-643,0
-696,3
544,7
-41,2
599,6
-488,8
1.202,8
9.107,5
-933,0
10.040,5
-4.856,8
-1.060,6
-3.796,2
-437,7
5.771,7
8.906,3
-533,9
13.208,0
1.776,1
9.464,8
-514,7
9.979,5
-9.794,6
-1.467,0
-8.327,6
-2.809,7
6.177,0
6.934,8
1.234,5
7.031,0
53,4
10.937,8
-2.230,0
13.167,8
1.998,6
-7.481,9
9.480,5
-4.510,1
-1.983,0
10.310,4
-1.739,0
9.014,0
585,9
12.334,0
-8.737,9
21.071,8
-7.623,9
-4.034,5
-3.589,4
-2.618,4
4.409,0
9.663,7
-1.017,4
4.605,0
1.088,4
13.727,5
11.489,4
25.216,9
-9.104,1
-6.215,7
-2.888,4
-1.027,4
2.611,0
7.834,0
-1.423,0
1.994,0

Exports
Imports
() Foreign direct investment (inflow)
38,2%
32,5%
:
4,0%
0,4%
47,7%
-9,6%
0,0%
-97,0%
6,5%
1,9%
997,2%
13,9%
12,8%
85,8%
% As a % of GDP
E Exports
Imports
Trade deficit
Current account deficit
/ Capital account surplus
9,1%
27,1%
18,0%
6,9%
7,3%
8,8%
25,2%
16,5%
6,2%
5,3%
7,4%
23,4%
16,0%
6,1%
7,3%
7,2%
22,0%
14,8%
5,6%
6,3%
7,7%
23,0%
15,4%
3,9%
4,7%
- Current account
Goods balance
Non-oil goods balance
{ Oil goods balance
Exports
-15 EU-15 (%)
Balkans (%)
& China and SE Asia (%)
Other (%)
Imports
-15 EU-15 (%)
Balkans (%)
& China and SE Asia (%)
Other (%)
Service balance
Receipts
{ Payments
ravel
Receipts
{ Payments
Transport
Receipts
{ Payments
Other
Income balance
Receipts

{ Payments
Salaries and wages
Receipts
, ,
{ Payments
Interest, dividends, profits
Transfers balance
Receipts
. ( )
{ Payments
Gen. government (EU transfers)
Receipts
(. .)
{ Payments
Other (immigrant remittances etc.)
Current account balance
/ Capital account
Direct investment
Foreign residents
{ - Non-residents in Greece
Portfolio investment
Claims
{ Liabilities
Other investment
Claims
{ Liabilities
( , . . of which, general govt loans)
. Change in for. exchange reserves
/ Capital account balance
Correcting items
For. exchange reserves (31/12)
2004
/ Provisional data.
2001, , (),
, ,
Z E. , Z E,
Z E, .
As of Greeces accession to the Euro zone in January 2001, the foreign exchange reserves, according to the definition of the European Central Bank (ECB), only include monetary gold,
the foreign exchange position in the International Monetary Funds, the special drawing rights and the Bank of Greece claims in foreign currency from residents outside the Eurozone.
On the other hand, they do not include euro claims from residents outside the Euro zone, claims in foreign currency or euros from residents inside the Euro zone, or the Bank of Greece
contribution to the ECB foreign exchange reserves.
, , , (, , ).
Albania, Bulgaria, Romania, and former Yugoslav countries (Bosnia, Croatia, FYROM and New Yugoslavia).
217
www.icap.gr
( ) Balance of payments ( millions)

20.000
15.000
E /
Porftolio investment
E
Goods
Transfers
10.000
Capital
Account
Foreign Direct
Investment
5.000
0
-5.000
Income
-10.000
Current
Account
-15.000
Other
investment
-20.000
-25.000
Services
-30.000
. - mil.
2000
2001
2002
2003
2004
.VI.2 ,
( % )
C.VI.2 Exchange Rates, International Commodity Prices and Competitiveness

(% annual rates of change in brackets)
( )
Euro exchange rates (effective exchange rate index and bilateral)
. Euro effective exch. rate index (1990=100)
/ () US dollars / euro (bilateral)
/ () Japanese yen / euro (bilateral)
/ () Great britain pound / euro (bilateral)
, ( 2000)
World commodity price indices, in euro (base year 2000)
Total
Food
Metals
(Brent . ) Oil (UK Brent)
2000
2001
2002
2003
2004
56,2
(-6,2%)
0,9240
(-13,3%)
99,50
(-18,0%)
0,60900
(-7,6%)
55,8
(-0,7%)
0,8956
(-3,1%)
108,74
(9,3%)
0,62191
(2,1%)
56,4
(1,1%)
0,9448
(5,5%)
118,05
(8,6%)
0,62874
(1,1%)
58
(2,8%)
1,1310
(19,7%)
130,97
(10,9%)
0,69193
(10,1%)
58,5
(0,9%)
1,2433
(9,9%)
134,40
(2,6%)
0,67858
(-1,9%)
100,0
(17,1%)
100,0
(14,0%)
100,0
(29,2%)
100,0
(83,1%)
98,8
(-1,2%)
105,5
(5,5%)
93,1
(-6,9%)
88,9
(-11,1%)
94,6
(-4,3%)
101,2
(-4,1%)
85,8
(-7,8%)
86,4
(-2,8%)
84,6
(-10,6%)
89,5
(-11,6%)
80,2
(-6,5%)
83,2
(-3,7%)
91,3
(7,9%)
93,1
(4,0%)
99,6
(24,2%
100,6
(20,9%)
96,6
(0,4%)
97,5
(0,3%)
98,4
(1,9%)
98,9
(1,4%)
101,4
(3,0%)
101,7
(2,8%)
102,3
(0,9%)
103,1
(1,4%)
92,1
(-3,3%)
93,2
(-2,3%)
95,0
(3,1%)
93,6
(0,4%)
95,2
(0,2%)
93,2
(-0,4%)
98,5
(3,5%)
97,6
(4,7%)
: ( -25, 1999)
Competitiveness: Real effective exchange rates (against EU-25, base year 1999)
96,2
/ Based on Harmonised CPI/CPI
(-3,8%)
97,2
Based on GDP deflator
(-2,8%)
Based on unit labour cost :
95,2
In the whole economy
(-4,8%)
95,4
In manufacturing
(-4,6%)
. ,
. ,
.
Trade weighted for Greece. A currency s nominal effective exchange rate is a weighted average of that currency s exchange rate vis--vis a representative basket of currencies. The
weights are chosen on the basis of trade shares. This index should not be confused with the effective exchange rate of the euro, which is calculated on the basis of the trade shares of the
euro area as a whole.
/ excluding fuel and precious metals.
, , .
.
, .
, .
Nominal Effective exchange rates aside, competitiveness also depends on costs and price trends, so the real effective exchange rate (REER) aims to asses a countrys price or cost
competitiveness relative to its principal competitors in international markets. It corresponds to the NEER, deflated by some price/cost deflator. The indicators presented here are based
on deflations using the harmonised CPI, the GDP deflator, and the unit labour cost for the whole economy and for manufacturing only.
/ Source: / Bank of Greece and European Commission
218
2006
TMHMA

SECTION D
GREECE AND THE EUROPEAN UNION
219
www.icap.gr
- Country key
(25)
(15)
(10)

220
EU-25
EU-15
NMS-10
EUR-12
European Union (25)

European Union (15)
New member states (10)
Eurozone
BE
CZ
DK
DE
EE
GR
ES
FR
IE
IT
CY
LV
LT
LU
HU
MT
NL
AT
PL
PT
SI
SK
FI
SE
UK
Belgium
Czech Republic
Denmark
Germany
Estonia
Greece
Spain
France
Ireland
Italy
Cyprus
Latvia
Lithuania
Luxembourg
Hungary
Malta
Netherlands
Austria
Poland
Portugal
Slovenia
Slovakia
Finland
Sweden
United Kingdom
BG
RO
TR
IS
NO
US
JP
Bulgaria
Romania
Turkey
Iceland
Norway
United States
Japan
DEMOGRAPHY

.
() . ( 1.000 )

. ( 1.000 )

0-14 64+
15-64
. (%)
( )

( ). ()
Crude total population change

The difference between the size of the population at the end and the
beginning of a period. It is equal to the algebraic sum of natural increase
and net migration (including corrections). (per 1,000 inhabitants)
Crude natural population change
The difference between the number of live births and the number of
deaths during the year. (per 1.000 inhabitants)
Dependency ratio
Ratio of population aged 0-14 and 64+ over the population aged 15-64,
signifying the ratio between non-working age (dependent) and working
age population. (%)
Life expectancy (at birth)
The mean number of years that a newborn child can expect to live if
subjected throughout his life to the current mortality conditions (age
specific probabilities of dying). (years)
: (% , 2004)
Age dependence: Young and old (% of population, 2004)
40,0%
17,2%
16,0%
18%
15,5%
18%
11,6%
16,8%
15,1%
13,0%
17%
13,8%
15,5%
16%
13,0%
14,1%
19%
15,5%
15,0%
18%
11,9%
16,2%
19,2%
16,4%
16,8%
15%
15,8%
17,5%
15%
14,9%
18,0%
17,1%
17,0%
17,2%
16%
20,0%
14,0%
16,5%
16%
25,0%
16%
30,0%
11,1%
35,0%
18%
18%
15%
16%
19%
18%
16%
15%
20%
21%
19%
17%
19%
14%
5,0%
15%
17%
10,0%
15%
15,0%
K
U
FI
SE
SI
SK
PL
PT
AT
N
L
M
T
LU
LT
LV
IT
CY
IE
FR
ES
EE
G
R
D
K
BE
CZ
EU
-2
EU 5
EU 15
R12
0,0%
/ Population aged 0-14
/ Population aged 64+

/ Source: Eurostat
15-64
(% , 2004)
Population aged 15-64 with completed at least upper secondary
education (% of total, second quarter 2004)
90%
38,5%
15,9% 10,4%
15,5% 11,0%
10%
21,5%
40,2%
24,0%
17,7%
26,3%
35,1%
9,8%
40,6%
24,7%
36,7%
21,7%
25,7%
23,5%
41,4%
36,3%
14,1%
56,2%
28,2%
15,4%
59,1%
58,9%
48,5%
56,3%
63,9%
55,3%
44,1%
16,2%
15,8%
27,4%
19,9%
12,6%
21,1%
24,7%
20,5%
57,6%
53,8%
68,4%
71,7%
53,5%
58,5%
40,7%
43,9%
20%
47,3%
40%
30%
26,1%
26,0%
19,1%
50%
20,4%
60%
19,1%
70%
10,3%
10,3%
80%
59,8%
T
M
PT
ES
IT
R
G
BE
IE
FR
CY
L
N
H
U
FI
SI
AT
D
K
LU
D
E
PL
LT
SE
SK
EE
CZ
U
K
EU
-2
5
EU
-1
EU 5
R
-1
2
0%
LV
.
D.I
2006
/ Tertiary - levels 5-6 (ISCED 1997)

-
Upper secondary and post-secondary non-tertiary - levels 3-4 (ISCED 1997)
/ Source: Eurostat
221
222
..1
D.I.1 Demography
Indicator
- Year
Units
Population
1.1.2004
thousands
Area
Density
2004
. ..
square kms
inhabitants / km2
.
Populat. change Dependency ratio
2004
2004

Life expectancy
Men - Women
2002
2002
, ,
Years, at birth
Years, at birth
456.863
382.722
74.142
308.675
3.892.691
3.154.127
738.564
2.363.729
117,4
121,3
100,4
130,6
5,0
6,1
-0,8
6,3
49,0
49,9
:
49,3
74,8
75,8
:
E
75,8
BE
CZ
DK
DE
EE
GR
ES
FR
IE
IT
CY
LV
LT
LU
HU
MT
NL
AT
PL
PT
SI
SK
FI
SE
UK
10.396
10.212
5.398
82.532
1.351
11.041
42.345
59.901
4.028
57.888
730
2.319
3.446
452
10.117
400
16.258
8.140
38.191
10.475
1.996
5.380
5.220
8.976
59.673
30.518
78.860
43.094
357.020
45.228
131.626
504.790
543.965
70.273
301.333
9.250
64.589
65.300
2.586
93.029
316
33.873
83.859
312.685
91.906
20.273
49.035
304.529
410.934
243.820
340,7
129,5
125,3
231,2
29,9
83,9
83,9
110,1
57,3
192,1
79,0
35,9
52,8
174,6
108,7
1.265,5
480,0
97,1
122,1
114,0
98,5
109,7
17,1
21,8
244,7
3,9
0,8
2,6
-0,1
-3,7
3,1
18,9
4,4
16,0
9,8
21,2
-5,3
-4,8
7,3
-2,5
6,5
4,0
4,7
-0,7
6,4
0,7
0,2
2,6
3,9
5,8
52,4
41,2
51,1
48,6
47,9
47,3
45,6
53,8
47,1
50,2
46,8
46,2
48,6
49,0
45,8
45,3
47,7
46,6
43,3
48,1
42,2
41,2
49,5
53,8
52,2
75,1
72,1
74,8
P
75,4
65,3
P
75,4
E
75,8
75,8
75,2
E
76,8
75,3
64,8
66,3
74,9
68,4
75,9
76,0
75,8
70,4
73,8
72,7
69,9
74,9
77,7
75,9
81,1
78,7
79,5
P
81,2
77,1
P
80,7
E
83,5
P
83,0
80,3
E
82,9
80,1
76,0
77,5
81,5
76,7
81,0
80,7
81,7
78,7
80,5
80,5
77,8
81,5
82,1
80,5
BG
RO
TR
IS
NO
US
JP
7.801
21.711
69.660,5
291
4.578
291.685
127.274
110.910
237.500
780.580
103.000
324.220
9.631.418
377.835
70,3
91,4
89,2
2,8
14,1
30,3
336,9
-5,7
-2,8
10,9
7,3
5,5
9,2
0,5
45,6
44,5
48,6
52,4
53,1
49,3
51,1
68,9
67,5
69,9
78,5
76,4
74,1
77,5
75,6
74,8
74,9
82,3
81,5
79,7
84,3
EU-25
EU-15
NMS-10
EUR-12
81,1
81,6
:
E
81,8
Charts

Crude natural popul. change
2,0
1,5
1,0
0,5
- Greece
00
EU-25
20
98
97
19
4
9
96
19
19
19
93
9
9
19
95
0,0
-0,5
EU-15

Crude total population change
13,0
11,0
9,0
7,0
5,0
3,0
EU-25
3
0
0
2
0
0
20
9
1
9
1
- Greece
9
9
8
9
7
9
96
9
1
93
19
19
92
1,0
-1,0
EU-15
Population (1990=100)
109,0
107,0
105,0
E
P
103,0
101,0
99,0
97,0
(1990=100)
- Greece
0
4
2
0
0
3
0
2
2
0
2
0
0
1
0
0
EU-25
2
0
9
9
2
0
9
8
1
9
9
7
1
9
1
9
9
6
1
9
9
5
9
4
1
9
1
9
9
3
1
9
9
2
1
9
91
19
19
90
95,0
EU-15
/ Estimate
/ Provisional data
2005 / 2005 data and estimates.
www.icap.gr
/ Source: Eurostat, CIA World Factbook

GROSS DOMESTIC PRODUCT
()
.

.
(EE-25 = 100)
To ().

, .

%
. ,
, ,
.
, ,
. -
, .
.
Gross domestic product (GDP)

GDP is a measure for the economic activity. It is defined as the value of
all goods and services produced within a given year, less the value of any
goods or services used in their creation.
GDP per capita in PPS (EU-25 = 100)
GDP per capita in Purchasing Power Standards (PPS). PPS is a common
currency that eliminates the differences in price levels between countries
allowing meaningful volume comparisons of GDP between countries.
Total investment
Total gross fixed capital formation as a percentage of GDP
Gross fixed capital formation, sometimes simply referred to as
investment, consists of resident producers acquisitions, less disposals, of
fixed tangible or intangible assets. This covers in particular machinery
and equipment, vehicles, dwellings and other buildings. It also includes
certain additions to the value of non-produced assets realised by
productive activity. This covers mainly improvements to land, such as
draining of marshes.
. (, % -25, 2004)
Per capita Gross Domestic Product (PPS, % of EU-25 average, 2004)
* 221,9
140
120
100
43,3
47,8
51,8
46,9
71,0
60,3
77,7
71,0
49,6
20
72,3
81,7
81,3
104,9
98,2
110,7
108,5
115,6
114,3
118,3
118,3
121,4
119,2
121,4
106,7
108,9
53,6
40
100,0
60
138,4
80
PL
LV
LT
EE
M
T
H
U
SK
CZ
SI
PT
R
CY
IT
ES
FI
FR
D
E
SE
AT
N
L
BE
LU
EU
-2
EU 5
N -15
M
S
EU -10
R12
IE
D
K
/ Source: Eurostat
(% ) - Total investment (% of GDP)

30,0
25,0
16,0
17,2
16,9
18,5
18,2
18,5
19,2
18,6
19,5
19,3
19,7
20,8
20,5
21,9
21,7
22,6
24,7
24,3
25,5
24,7
27,8
25,9
22,6
10,0
19,4
19,6
28,3
15,0
27,3
20,0
5,0
SE
PL
D
E
U
K
CY
FI
BE
FR
LU
IT
D
K
AT
LT
PT
IE
SI
SK
R
G
LV
CZ
EE
ES
5
-1
EU
EU
-2
0,0
M
.II
D.II
2006
/ Source: Eurostat
223
224
.II.1
D.II.1 Gross Domestic Product
Indicator
- Year
Units
EU-25
EU-15
NMS-10
EUR-12
AE GDP
(AE)
(GDP) growth

GDP per capita
2004
2004
2004
. ( 2004) % . .
mil. (2004 prices) annual % change Pur. Power Stand.
.
Total investment
2004
% -25
% EU-25 mean
2004
%
% of GDP
1 Sectoral GVA1
Primary
Secondary
2004
2004
%
Charts
10.269.287
9.793.853
475.434
7.610.992
2,3
2,2
4,9
2,0
22.400
24.400
12.000
23.900
100,0
108,9
53,6
106,7
19,6
19,4
:
:
2,1
2,0
:
2,2
26,7
26,4
:
26,7
BE
CZ
DK
DE
EE
GR
ES
FR
IE
IT
CY
LV
LT
LU
HU
MT
NL
AT
PL
PT
SI
SK
FI
SE
UK
283.752
86.265
194.421
2.207.240
8.893
165.281
837.557
1.648.368
146.202
1.351.328
12.402
11.064
17.926
25.664
80.331
4.332
466.310
235.050
195.206
135.035
25.895
33.119
149.742
279.008
1.709.750
2,9
4,0
2,4
1,6
6,2
4,2
3,1
2,3
5,4
1,2
3,8
8,5
6,7
4,5
4,1
1,0
1,4
2,0
5,3
1,0
4,6
5,5
3,7
3,6
3,1
26.500
15.900
27.200
24.300
11.100
18.300
22.000
24.800
31.000
23.500
18.200
9.700
10.700
49.700
13.500
15.900
26.700
27.200
10.500
16.200
17.400
11.600
25.600
25.900
26.500
118,3
71,0
121,4
108,5
49,6
81,7
98,2
110,7
138,4
104,9
81,3
43,3
47,8
221,9
60,3
71,0
119,2
121,4
46,9
72,3
77,7
51,8
114,3
115,6
118,3
18,5
27,3
19,7
17,2
28,3
25,5
27,8
19,2
F
24,3
19,5
18,5
25,9
21,9
19,3
22,6
20,8
20,5
21,7
18,2
22,6
24,7
24,7
18,6
16,0
16,9
1,4
3,0
2,2
1,1
4,5
6,4
3,5
2,5
:
2,5
3,8
4,3
5,7
0,5
5,3
2,5
2,3
1,9
2,9
3,5
5,1
3,9
3,1
1,8
1,0
24,5
37,4
23,8
29,1
28,6
22,3
29,3
21,7
:
26,6
19,9
23,0
32,7
16,1
32,5
24,6
24,5
31,1
32,1
25,6
35,2
32,1
30,2
28,1
25,4
BG
RO
TR
IS
NO
US
JP
19.459
58.946
239.895
9.857
201.387
9.434.038
3.757.699
5,6
8,3
7,7
5,2
2,9
4,4
2,7
6.700
7.100
6.500
25.900
34.200
34.600
25.900
29,9
31,7
29,0
115,6
152,7
154,5
115,6
20,9
F
22,5
F
18,9
22,0
18,0
23,8
16,1
10,9
16,2
12,5
11,3
1,5
1,4
0,9
30,0
37,3
35,6
23,7
38,3
28.4
21,0
.
Real GDP growth rate
5,0
4,5
4,0
3,5
3,0
2,5
2,0
1,5
1,0
0,5
0,0
% 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
- Greece
EU-25
EU-15
()
GDP per capita (PPS)
25.000
20.000
15.000
10.000
5.000
0
-PPS 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
- Greece
EU-25
EU-15
Real GDP . (1995=100)

140,0
135,0
130,0
125,0
120,0
115,0
110,0
105,0
100,0
95,0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
(1995=100)
- Greece
EU-25
EU-15
www.icap.gr
F
/ Forecast
1
( ), , . , , (
). O , , . . .
GVA (gross value added), just like GDP, is an indicator for a nations economic situation. GVA differs from GDP just with respect to valuation, which is at producers prices, i.e. it does not include the value of taxes on products (less subsidies on products). The
primary
sector
comprises agriculture, hunting, forestry and fishing. The secondary sector comprises industry and construction. The tertiary sector can be calculated residually.
/ Source: Eurostat, / Eurostat, OECD
2006
.III
D.III PRIMARY SECTOR
/ ( )
/ .
,
.
, .

( )
. ( )
. 12 .
.
.
( , )

.
.
,

, -, .

.
Animal / Crop output (million )

Animal / Crop output valued at basic prices. The basic price is defined as
the price received by the producer, after deduction of all taxes on
products but including all subsidies on products. The concept of output
comprises sales, changes in stocks, and products used for processing and
own final use by the producers.
Total farm labour force (thousands AWU)
Labour force includes everyone (over the legal age limit) having provided
an agricultural work on and for the holding during the last 12 months.
The work time of each person is recorded as percentage of a full-time.
One AWU equals the work of a full-time employee.
Fisheries (thousands of tons, live weight)
Annual aquaculture production plus catches in all regions. The data are
expressed in the live weight equivalent of the production and is the
weight as the product as taken from the water.
EAGGF expenditure, by member state
European Agricultural Guarantee and Guidance Fund expenditure, by
member-state, in millions of . Shows Common Agricultural Policy funds
directed at each member state.
(% , 2004)
Employment in primary sector (% of total, 2004)
25,0
20,0
0,9
5,0
FI
SE
U
K
2,4
10,4
13,0
3,9
SK
SI
PT
3,3
PL
5,3
2,2
T
LT
LU
LV
IT
CY
IE
FR
ES
EE
CZ
D
K
D
E
E
B
EU
-2
EU 5
EU 15
R
-1
2
0,0
N
L
AT
1,4
7,4
6,8
4,4
4,1
5,7
5,7
2,3
3,7
3,6
2,4
4,6
5,1
3,9
5,0
15,8
12,5
13,8
10,0
10,9
19,3
15,0
/ Source: Eurostat
, - (% -15, 2003)
EAGGF expenditure, by member state (% of total EU-15, 2003)
UK - 8,6%
BE - 2,2%
DK - 2,6%
SE - 1,9%
FI - 1,9%
DE - 13,5%
PT - 2,5%
AT - 2,4%
NL - 2,9%
LU - 0,1%
GR - 6,7%
IT - 12,6%
ES - 15,5%
IE - 4,2%
FR - 22,4%
/ Source: , , . / European Commission, DG for Agriculture, Financial Report
225
226
..1
D.III.1 Primary Sector
/ Estimate
130
125
120
115
110
105
100
0
2
0
0
2
20
01
- Greece
20
9
9
98
0
0
2
9
1
19
97
9
9
9
95
EE-15 - EU-15
(1993=100)
Animal output (1993=100)
120
115
110
105
100
- Greece
4
0
3
2
0
2
20
01
20
0
2
98
9
9
1
19
97
9
1
95
3.664,8
1.467,5
4.840,4
19.645,4
252,4
2.925,1
14.980,1
23.806,4
4.421,7
14.217,4
292,3
260,2
518,4
165,0
2.279,1
78,4
7.672,2
2.597,8
6.334,4
2.269,0
511,5
730,8
2.123,5
2.363,9
13.429,0
2.887,2
2.085,0
3.246,1
22.044,4
172,6
8.769,4
26.589,5
37.189,3
1.393,9
29.281,8
321,3
283,3
805,6
95,0
3.363,2
47,6
9.912,1
2.628,5
6.440,0
4.042,2
447,3
1.017,0
1.608,2
2.125,8
9.481,8
(1993=100)
Crop output (1993=100)
1.026,7
1.223,0
6.396,9
3.169,3
7.323,2
10.566,9
1.980,5
5.936,2
43,5
1.373,8
1.143,8
1.197,9
914,6
889,0
4.048,7
131.846,8
119.121,9
98.488,6
28,0
25,0
1.063,0
335,0
79,0
193,0
1.200,0
948,0
329,0
475,0
4,0
116,0
159,0
0,0
19,0
2,0
593,0
2,0
215,0
221,0
2,0
3,0
135,0
293,0
821,0
176.278,0
161.295,2
146.441,6
47.234,0
41.073,3
7.260,0
6.637,0
4.459,0
94
72,5
166,4
60,7
688,8
37,5
616,0
997,8
913,8
160,0
1.476,0
32,2
140,9
222,1
4,0
525,8
4,5
186,3
175,4
:
455,2
95,4
118,6
97,5
70,7
352,2
2003

million
1.394.400
3.631.550
2.658.210
16.981.750
795.640
3.967.770
25.175.260
27.795.240
4.371.710
13.115.810
156.380
1.489.350
2.490.960
128.160
4.352.370
10.790
2.007.250
3.257.220
:
3.725.190
486.470
2.137.500
2.244.700
3.126.910
16.105.810
2004

thousands of tons
2,4
3,7
3,6
2,3
5,7
13,8
5,7
4,1
6,8
4,4
7,4
12,5
15,8
1,4
5,3
2,2
3,3
13
19,3
10,9
10,4
3,9
5
2,4
0,9
2004

million
19
:
6.326,7
5.843,1
2004

million
Charts
:
126.055.390
104.164.460

EAGGF expend.
5,1
3,9
4,6
Fisheries
94
2003

thousands of AWU

Animal Output
BE
CZ
DK
DE
EE
GR
ES
FR
IE
IT
CY
LV
LT
LU
HU
MT
NL
AT
PL
PT
SI
SK
FI
SE
UK
2003
hectares

Crop output
EU-25
EU-15
EUR-12
2004
%
% of total
. . .
Utilised agr. area Farm labour force
19
- Year
Units
Employment
Indicator
EE-15 - EU-15
/ Source: Eurostat, , , . / Eurostat, European Commission, DG for Agriculture, Financial Report
www.icap.gr

SECONDARY SECTOR

.
, .
( )

()

()

()
. -
,
( )
. -

Production Indices are business cycle indicators showing the output and
activity of the industrial sector. They measures changes in the volume of
output at close and regular intervals.
Industrial production - Total industry (excluding construction)
Index growth rate Seasonally adjusted
Construction production
Index growth rate Seasonally adjusted (SA)
Construction cost index - New residential buildings
Industrial domestic output prices - Total industry excluding
construction
Industrial confidence indicator - Balance - SA
Comprises production expectations, assessment of the order books, and
the assessment of stocks of finished products (with inverted sign).
Construction confidence indicator - Balance - SA
Comprises order book assessment and employment expectations.
(% , 2004)
Employment in secondary sector (% of total, 2004)
45,0
40,0
35,0
30,0
5,0
22,5
17,9
34,3
38,1
36,4
27,0
13,0
34,3
18,9
32,8
28,1
21,8
26,6
29,0
19,8
28,0
29,0
22,0
23,3
26,7
21,5
21,0
10,0
26,0
25,4
15,0
24,5
20,0
34,6
39,1
25,0
5,0
%
FI
SE
U
K
SI
SK
PL
PT
U
M
T
N
L
AT
LT
LU
IT
CY
IE
FR
ES
EE
CZ
D
K
D
E
BE
EU
-2
EU 5
EU 15
R12
0,0
LV
.IV
D.IV
/ Source: Eurostat
( , 2000-2004)
Industry and construction (quarterly data, 2000-2004)
110,0
125,0
120,0
105,0
115,0
100,0
110,0
. - Construction Production Index (2000q1=100)
105,0
100,0
- Industrial Production Index (2000q1=100)
20
00
q0
1
20
00
q0
2
20
00
q0
3
20
00
q0
4
20
01
q0
1
20
01
q0
2
20
01
q0
3
20
01
q0
4
20
02
q0
1
20
02
q0
2
20
02
q0
3
20
02
q0
4
20
03
q0
1
20
03
q0
2
20
03
q0
3
20
03
q0
4
20
04
q0
1
20
04
q0
2
20
04
q0
3
20
04
q0
4
95,0
EE-25 - EU-25
EE-15 - EU-25
- Greece
/ Source: Eurostat
227
228
.IV.1
D.IV.1 Secondary Sector
Indicator
Employment
- Year
2004
%
- Units
% of total
Production
.
Industry
Construction
Industry
2004
2004
2004
% %

annual % change annual % change
Index value
Confid. index
Construction
2004

Index value
Charts
. . .
Ind. outp. prices Construction cost
2004
2004
% %
annual % change annual % change
EU-25
EU-15
EUR-12
25,4
24,5
26,0
2,11
1,63
1,92
0,97
0,87
0,10
-3,85
:
-4,68
-14,02
:
-15,98
2,81
2,61
2,27
5,92
6,02
3,66
BE
CZ
DK
DE
EE
GR
ES
FR
IE
IT
CY
LV
LT
LU
HU
MT
NL
AT
PL
PT
SI
SK
FI
SE
UK
21,0
39,1
21,5
26,7
34,6
23,3
29,0
22,0
28,0
29,0
19,8
26,6
28,1
21,8
32,8
34,3
18,9
22,4
27,0
38,1
36,4
34,3
25,6
22,5
17,9
3,14
9,04
0,00
3,02
7,13
1,13
1,55
1,72
0,46
-0,60
0,62
6,44
10,84
7,13
7,53
:
2,58
5,76
12,21
-2,68
3,87
4,12
4,05
3,91
0,44
:
7,24
3,96
-5,54
11,79
:
1,56
1,85
12,19
2,62
5,49
13,40
4,48
-1,59
6,27
4,19
1,94
5,00
-0,44
-4,71
2,84
5,34
4,00
2,69
3,18
-3,23
8,53
3,53
-8,22
11,13
1,79
-2,51
-2,83
-3,58
-2,38
6,28
3,58
-4,28
2,04
-3,90
:
-2,62
-8,10
-7,90
-8,86
2,35
8,66
4,71
3,00
-2,33
-8,38
-4,42
-4,97
-50,77
14,27
-20,68
13,29
3,16
25,40
0,58
12,36
-6,44
-15,85
-31,27
-14,12
:
-14,08
-23,65
-40,37
-40,59
-0,71
-21,84
1,16
-21,49
1,59
4,49
5,66
3,02
1,65
:
3,53
3,43
2,04
0,51
2,71
5,90
:
2,38
9,03
8,36
:
2,61
1,81
7,55
2,71
4,33
3,43
-0,48
2,03
4,35
:
3,72
1,48
1,30
5,26
3,01
4,77
5,84
12,79
4,19
6,74
:
7,04
2,75
5,65
:
2,04
5,14
2,63
2,94
10,37
6,95
2,42
3,89
11,39
*
Confidence Index*
- Industry
15
10
5
0
-5
-10
-15
-20
2000
2001
2002
2003
2004
-25
EE-25 - EU-25
EE-15 - EU-15
- Greece
*
Confidence Index*
Construction
40
30
20
10
0
-10
-20
-30
-40
-50
2000
2001
2002
2003
2004
-60
EE-25 - EU-25
EE-15 - EU-15
- Greece
2000 2004 / The diagram has been constructed using monthly data from January 2000 to December 2004.
/ Source: Eurostat
www.icap.gr

TERTIARY SECTOR

.
.
. , ().
:

.
. ( ).

( )

. ( )

,

( )
-
Retail trade deflated turnover index

business cycle indicator which shows the monthly activity of the retail
sector in value and volume. It is a short-term indicator for final domestic
demand. Index, seasonally adjusted (SA).
Credit institutions: balance sheet total
This variable consists of the sum of all items of the assets side or the
sum of all items of the liabilities side. This indicator gives an idea of the
economic importance of credit institutions. (millions of )
Turnover by sector
Turnover is the total of all sales (excluding VAT) of goods and services
carried out by the enterprises of a given sector during the reference
period. (millions of )
Retail trade confidence indicator - Balance - SA
Comprises valuations of the present business situation, the future
business situation and the assessment of stocks (with inverted sign).
Service confidence indicator - Balance - SA
(% , 2004)
Employment in tertiary sector (% of total, 2004)
90,0
80,0
70,0
60,0
81,3
75,1
5,0
61,8
53,1
53,8
51,0
77,7
13,0
63,4
76,9
61,9
56,1
72,8
60,9
66,6
73,9
65,2
65,3
62,9
59,6
74,8
71,0
76,6
57,2
69,3
30,0
69,5
40,0
71,6
50,0
20,0
10,0
%
FI
SE
U
K
SI
SK
PT
PL
U
M
T
N
L
AT
LU
LT
IT
CY
IE
FR
ES
EE
G
R
D
K
D
E
BE
CZ
U
-2
U 5
EU 15
R12
0,0
LV
.V
D.V
/ Source: Eurostat
. ( , 2000-2004)
Retail trade deflated turnover index (monthly data, 2000-2004)
145
135
125
115
105
2000
2001
2002
2003
2004
95
EE-25 - EU-25
EE-15 - EU-15
- Greece
/ Source: Eurostat
229
230
.V.1
D.V.1 Tertiary Sector
Indicator
- Year
Units
U-25
U-15
EUR-12
BE
CZ
DK
DE
EE
GR
ES
FR
IE
IT
CY
LV
LT
LU
HU
MT
NL
AT
PL
PT
SI
SK
FI
SE
UK
1
2
3
*
.

. Confid. index
Turnover
Financial instit. . 1
.2 . 3
Retail trade index

assets
Wholesale trade1
Vehicles etc.2
Other services3
Retail trade
Services
2004
2000
2002
2004
2004
%

annual % change
millions of
millions of
millions of
millions of
Index value
Index value
2,46
2,29
0,81
:
23.432.587,1
16.915.865,6
3.485.695,1
:
:
1.039.559,0
:
:
:
:
:
-4,6
-5,5
-8,1
13,2
11,8
11,5
1,41
2,93
8,19
0,63
12,49
4,48
2,56
1,79
4,20
-2,44
3,13
12,29
10,67
0,71
5,72
:
-0,98
1,28
5,28
1,46
2,58
6,19
4,42
4,96
6,13
738.123,0
:
429.774,5
7.037.504,0
3.695,3
152.402,5
1.124.944,0
2.998.486,0
:
1.978.744,7
:
:
3.819,6
647.749,0
36.502,6
:
1.018.788,3
553.633,0
:
322.614,0
15.795,2
:
139.938,6
473.594,3
5.460.950,2
:
:
90.029,5
561.783,2
5.016,1
:
312.148,9
:
34.749,7
348.121,6
3.462,1
:
6.061,9
13.089,3
31.353,2
1.444,5
266.665,6
92.077,6
109.026,2
60.967,9
7.656,8
10.483,7
47.957,2
94.314,7
:
:
:
29.886,2
139.742,0
1.322,5
:
89.447,9
:
13.483,7
144.657,3
1.407,1
:
1.793,6
3.684,3
10.547,4
533,2
65.912,8
22.640,3
19.185,7
23.874,8
4.061,9
2.135,4
14.042,3
30.736,6
:
:
:
78.933,4
652.042,5
4.455,2
:
304.903,6
596.917,0
43.841,6
396.288,6
:
3.743,4
3.823,1
10.017,7
29.015,2
2.219,5
206.769,4
83.165,9
59.068,4
42.871,7
8.144,9
6.270,6
46.301,6
122.468,4
809.055,4
-2,6
17,6
22,2
-23,9
21,5
16,7
-5,5
-1,3
-3,8
7,9
-3,1
12,8
14,2
:
-13,0
:
-8,4
-10,8
-6,9
-8,7
12,4
3,8
2,2
2,3
7,0
11,4
40,0
31,2
12,9
18,9
21,1
18,3
7,7
-1,4
11,6
11,8
10,4
16,5
:
-1,9
6,7
:
15,9
0,7
4,2
24,1
48,7
14,6
23,2
17,8
Charts
*
Confidence Index*
Retail trade
30
25
20
15
10
5
0
-5
-10
-15
-20
2000
2001
EE-25 - EU-25
2002
EE-15 - EU-15
2003
2004
- Greece
*
Confidence Index*
- Services
70
60
50
40
30
20
10
0
-10
-20
2000
2001
EE-25 - EU-25
2002
EE-15 - EU-15
2003
2004
- Greece
, / Wholesale trade and commission trade, except of motor and motorcycles.

, / Sale, maintenance and repair of motor vehicles.
: , , , . / Includes: Hotels and restaurants, transport, storage and communications, real estate, renting and business activities.
2000 2004 / The diagram has been constructed using monthly data from January 2000 to December 2004.
/ Source: Eurostat
www.icap.gr

EMPLOYMENT AND UNEMPLOYMENT
()

( )
15 . (%)

. (%)
. (%)

(12 )
(%)

25 .
(%)
Employment
Annual average (thousands)
Participation rate
Share of labour force (employed and unemployed) in total population
aged 15 years and over. Spring (%)
Part-time employment
Share in total employment. Spring (%)
Unemployment
Unemployed persons as a percentage of the labour force. (%)
Long term unemployment
Long-term unemployed (12 months and more) as a percentage of the
total active population (%)
Youth unemployment
Unemployment rate of population aged less than 25 years.
Annual average (%)
(%, 2004)
Employment in different sectors of the economy (%, 2004)
100%
75,1
81,3
61,8
69,4
51,0
53,1
36,4
53,8
64,5
77,7
61,9
63,4
56,1
76,9
60,9
72,8
65,2
66,6
65,3
73,9
59,6
62,9
71,0
57,2
74,8
76,6
69,3
26,0
69,5
60%
71,6
70%
24,5
80%
38,1
90%
50%
22,5
17,9
34,3
25,6
27,0
22,4
18,9
32,8
21,8
34,3
28,1
26,6
19,8
28,0
29,0
34,6
29,0
22,0
10%
26,7
21,5
39,1
21,0
20%
25,4
30%
23,3
40%
Agriculture -
Industry -
FI
SE
U
K
SI
SK
PT
PL
U
M
T
N
L
AT
LT
LU
IT
C
Y
LV
IE
FR
G
R
ES
BE
C
Z
D
K
D
E
EE
EU
2
EU 5
EU 15
R
-1
2
0%
Services -
/ Source: Eurostat
(%, 2004)
Unemployment and long-term unemployment (%, 2004)
20,0
18,8
18,0
18,0
16,0
14,0
12,0
10,0
8,0
11,0
10,5
9,0
9,5
8,9
8,1
8,3
10,8
9,8
9,7
9,2
8,8
8,0
7,8
6,0
7,3
6,7
6,0
5,9
5,4
4,5
5,0
4,2
6,3
4,7
4,6 4,5
4,0
2,0
Unemployment
FI
SE
U
K
SI
SK
PT
PL
U
M
T
N
L
AT
LU
LT
IT
CY
IE
FR
ES
EE
G
R
D
K
D
E
EU
25
EU
EU 15
R12
BE
CZ
0,0
LV
.VI
D.VI
2006
Long-term unemployment
/ Source: Eurostat
231

Indicator
- Year
Units
Employment
2004
thousands
Participation
2004
.
Part-time empl.
Unemployment
2004
198.661,3
170.469,3
134.952,8
56,6
56,8
:
17,8
19,5
17,9
9,0
8,1
8,9
10,2
9,3
10,5
4,1
3,4
4,1
18,7
16,6
18,0
BE
CZ
DK
DE
EE
GR
ES
FR
IE
IT
CY
LV
LT
LU
HU
MT
NL
AT
PL
PT
SI
SK
FI
SE
UK
4.169,0
4.704,3
2.758,5
38.438,8
592,3
4.068,0
16.997,5
24.858,8
1.871,3
24.496,0
363,0
1.007,0
1.441,3
300,0
3.900,5
149,0
8.189,5
4.186,3
13.086,0
5.015,0
893,3
2.055,5
2.362,8
4.321,0
28.437,0
52,0
59,0
65,9
56,9
58,8
53,3
55,5
56,1
60,1
49,6
63,0
57,8
57,4
53,9
49,5
49,7
64,9
57,5
54,4
61,9
59,0
60,1
62,1
62,5
61,7
21,6
5,0
22,5
22,3
7,8
4,6
8,9
16,6
16,9
12,7
8,7
10,5
8,6
17,8
4,6
8,1
45,6
21,9
10,5
11,2
9,6
2,7
13,1
23,9
26,2
7,8
8,3
5,4
9,5
9,2
10,5
11,0
9,7
4,5
8,0
5,0
9,8
10,8
4,2
5,9
7,3
4,6
4,5
18,8
6,7
6,0
18,0
8,8
6,3
4,7
8,8
9,9
5,6
10,5
8,1
16,2
15,0
10,7
3,9
10,5
6,3
10,3
11,3
5,3
6,0
8,3
4,8
5,2
19,7
7,6
6,5
19,3
8,9
6,1
4,2
3,8
4,2
1,2
5,5
4,8
5,6
3,5
3,9
1,6
4,0
:
4,3
5,5
1,0
2,6
3,4
1,6
1,2
10,2
3,0
3,1
11,7
2,1
1,2
1,0
19,8
21,1
8,2
15,1
21,0
26,9
22,1
22,0
8,3
23,6
10,6
19,0
19,9
12,9
14,8
16,7
8,0
9,7
39,5
15,4
14,3
32,3
20,7
16,3
12,1
BG
RO
TR
NO
US
JP
3.264,0
8.311,0
21.563,0
2.302,8
141.325,0
65.220,0
50,6
55,6
:
72,6
:
:
3,1
10,2
*
6,0
29,6
*
13,2
*
26,0
11,9
7,1
10,3
4,4
5,5
4,7
11,5
5,9
9,0
4,0
5,4
4,4
7,1
4,2
:
0,8
:
:
24,4
21,4
:
11,4
11,8
9,5
EU-25
EU-15
EUR-12
.
.
Female unempl. Long-term unem.
2004
2004
%

Youth unempl.
2004
Charts
%
Unemployment (%)
232
.VI.1
D.V.1 Employment and Unemployment
13,0
12,0
11,0
10,0
9,0
8,0
7,0
6,0
5,0
4,0
3,0
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
- Greece
EE-25 - EU-25
EE-15 - EU-15
- US
. Youth unempl. (%)

31,0
29,0
27,0
25,0
23,0
21,0
19,0
17,0
15,0
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
- Greece
EE-15 - EU-15
EE-25 - EU-25
. Long-term un. (%)

7,0
6,5
6,0
5,5
5,0
4,5
4,0
3,5
3,0
% 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
- Greece
EE-15 - EU-15
EE-25 - EU-25
2003 / 2003 data.

/ Source: Eurostat, / Eurostat, Labour Force Survey and OECD
www.icap.gr
.VII ,
D.VII PRICES, LABOUR COST AND PRODUCTIVITY
Inflation and core inflation rates
Rates of change of annual average Harmonized Cons. Price Index (HCPI)
and HCPI excluding energy and unprocessed food (%)
PPI rate (OECD)
Rate of change of annual average Producer Price Index (%)
Comparative prices
Comparative price levels of final consumption by private households.
Ratio of PPS to nominal exchange rate. (EU-25 = 100)
Labour costs (monthly or hourly)
Total labour costs divided by hours worked or employees ()
Gender pay gap
Difference between men's and women's average gross hourly earnings as
a % of men's average gross hourly earnings (%)
Labour productivity growth in the business sector (OECD)
Growth of value added at constant prices minus the growth rate of the
labour force (%)
Unit labour cost (ULC) growth
Growth rate of the ratio: compensation per employee in current prices
divided by GDP in current prices per total employment (%)

E.
() -. (%)
()
(%)

.
. (-25 = 100)
( )
()
( )

% . (%)
()

(%)
()
:
(%)
(%, 2004)
Inflation and core inflation rates (%, 2004)
6,8%
6,2%
7,0%
7,4%
8,0%
6,0%
3,6%
1,1%
1,0%
U
0,8%
6,4%
0,1%
SI
SK
FI
SE
2,6%
3,7%
2,8%
PT
1,3%
2,5%
1,6%
1,3%
PL
2,8%
6,4%
U
M
T
N
L
AT
2,5%
1,1%
0,7%
IT
C
Y
LV
5,8%
2,1%
IE
- Inflation
-1,0%
LT
LU
2,4%
0,8%
2,8%
FR
2,3%
3,5%
2,5%
ES
1,7%
EE
2,4%
0,9%
0,9%
EU
BE
C
Z
D
K
D
E
1,4%
2,0%
1,8%
-2
EU 5
E U - 15
R12
0,0%
2,0%
1,0%
1,4%
2,0%
2,0%
2,7%
3,2%
1,9%
2,3%
2,3%
3,1%
2,3%
3,0%
3,0%
1,8%
2,6%
1,9%
2,0%
2,2%
3,0%
2,1%
4,0%
3,6%
5,0%
- Core inflation
/ Source: Eurostat
(EE-25=100, 2004)
Labour productivity per person employed (EU-25=100, 2004)
160,0
140,0
120,0
49,8
43,3
20,0
49,8
59,5
59,6
64,0
66,3
72,3
68,5
76,0
96,8
83,7
100,2
103,2
103,4
104,0
108,4
105,4
108,5
120,4
110,5
129,2
106,1
106,4
100,9
40,0
100,0
60,0
146,3
80,0
132,2
100,0
LV
LT
EE
PL
SK
C
Z
PT
SI
C
Y
H
U
M
T
ES
L
N
D
E
A
T
SE
D
K
K
U
FI
IT
FR
E
B
IE
LU
EU
-2
EU 5
EU 15
R
-1
2
0,0
GDP in PPS per person employed /

/ Source: Eurostat
233

Indicator
- Year
- Units
1 . . . . . .
Relative prices1
PPI rate
Hourly lab. cost Monthly lab. cost Gender pay gap
2003P
EU-25=100
2003
%
2003
2003
%
. .
.
Productiv.
ULC growth
growth
2003
2004
%
%
EU-25
EU-15
EUR-12
100,0
104,0
103,1
3
:
0,79
3
:
22,85
24,53
24,13
2.949,6
3.250,2
3.183,0
BE
CZ
DK
DE
EE
GR
ES
FR
IE
IT
CY
LV
LT
LU
HU
MT
NL
AT
PL
PT
SI
SK
FI
SE
UK
103,9
55,2
139,3
108,9
62,2
84,3
85,6
108,2
127,0
102,2
93,9
55,1
54,4
105,3
58,0
72,8
106,6
107,2
53,3
79,5
77,1
49,8
125,9
124,3
103,2
-0,40
-0,30
0,10
0,59
2,66
1,46
0,30
-8,06
1,57
:
:
:
1,21
1,47
:
0,70
1,68
2,40
0,39
:
2,53
-1,14
-1,09
1,50
29,58
5,39
30,3
27,93
4,01
13,37
P
14,21
27,7
:
19,99
10,68
2,37
3,1
27,02
5,1
7,77
26,75
:
5,27
9,21
10,54
4,02
25,31
30,43
25,24
3.895,2
777,1
4.101,4
3.709,8
608,4
1.984,3
P
2.017,0
3.388,0
:
2.904,0
1.837,1
357,3
486,6
:
763,7
1.282,4
3.714,0
:
783,1
1.343,0
1.496,7
565,3
3.489,3
4.312,7
3.891,4
*12,0
19,0
18,0
23,0
24,0
11,0
18,0
12,0
14,0
*6,0
25,0
16,0
17,0
15,0
14,0
4,0
18,0
17,0
11,0
9,0
*11,0
23,0
*17,0
16,0
22,0
1,4
3,4
2,1
0,9
:
3,4
1,0
0,8
2,1
-0,2
:
:
:
1,0
1,6
:
-0,6
1,0
5,6
-1,2
:
1,6
2,6
2,5
1,7
BG
RO
TR
IS
NO
US
JP
42,1
40,5
55,0
136,3
144,6
101,3
137,1
:
:
25,51
:
1,74
2,60
-0,84
1,39
1,67
:
23,76
:
:
:
202,2
245,6
:
3.697,8
:
:
:
18,0
18,0
:
:
16,0
:
:
:
:
:
4,6
1,8
3,4
2,9
15,0
16,0
:
:
:
:
-0,9
-0,8
-1,1
234
.VII.1 ,
D.VII.1 Prices, Labour Cost and Productivity
Charts
- Inflation (%)
6,0%
5,0%
E
P
F
*
1,6
:
:
F
-3,5
-3,5
F
-1,0
:
4,0%
3,0%
2,0%
1,0%
0,0%
1997
1998
1999
2000
2001
- Greece
EE-15 - EU-15
2002
2003
2004
-Eurozone
EE-25 - EU-25
4
Productivity convergence4

Relative productivity growth (1995-2004)
-2,1
F
-2,7
-0,6
-1,3
0,7
1,0
-1,3
-1,1
F
-0,4
-0,2
F
-0,9
1,4
-3,0
F
-1,8
F
0,0
-1,8
F
-2,0
-0,9
F
-3,6
F
-0,2
F
-1,4
0,1
-0,4
-1,5
0,1
6,0%
LT
5,0%
EE
4,0%
LV
3,0%
PL
SK
R = 0,5043
2,0%
SI
BG
20
40
60
PT
80
CY
-2,0%
UK
JP
DK
0,0%
IE
GR
CZ
1,0%
-1,0%
NO
HU
TR
100
ES
US
CA
BE
120
DE
NL
FR
SE
FI
AU
LU
140
160
IT
1995 (-25 =100)

Relative Productivity 1995 (EU-25=100)
. ULC growth (%)

3,0
2,0
1,0
0,0
1996
1997
1998
1999
2000
2001
2002
2003
2004
-1,0
-2,0
-3,0
- Greece
EE-15 - EU-15
EE-25 - EU-25
/ Estimate
/ Provisional data
/ Forecast
2001 / 2001 data
2002 / 2002 data
/ 100, / .
If the index of the comparative price levels shown for a country is higher/lower than 100, the country concerned is relatively expensive/cheap as compared with the EU average.
, . 2,2% / As these are OECD data, no EU aggregates are available. The OECD average was 2.2%.
, . 1,86% / As these are OECD data, not all EU aggregates are available. The OECD average was 1.86%.
( -25) 1995 . , 1995
-25 1995-2004.
The initial relative (vis--vis the EU-25 average) labour productivity in 1995 is plotted against the mean annual rate of change in relative labour productivity. The negative relationship suggests a convergence process, where countries who in 1995 were significantly
below the EU-25 mean in terms of labour productivity, also exhibit strong gains in terms of relative productivity over the 1995-2004 period.
/ Source: Eurostat / Eurostat and OECD
www.icap.gr
2
3
4

PUBLIC FINANCES
/ ( )
.
,
. .
( 1995). (% )
(% )

( P.51 95, 3.102). (% )
. (% )
. (% )

( )
(% )

(% )
General government deficit/surplus and primary deficit/surplus

General government net borrowing/net lending. The general government
sector comprises central government, state government, local
government, and social security funds. Primary balance excludes
consolidated interest expenditure (ESA 1995). (% of GDP)
Debt
General government consolidated gross debt (% of GDP)
Fixed investment
Gross fixed capital formation of general government (aggregate P.51 in
ESA95, 3.102). (% of GDP)
Revenue
Total general government revenue. (% of GDP)
Expenditure
Total general government expenditure. (% of GDP)
Social benefits
Social benefits (other than social transfers in kind) paid by general
government (% of GDP)
Public pensions
Current public pensions expenditure (% of GDP)
/ (% , 2004)
General government deficit/surplus (% of GDP, 2004)
5,0%
3,0%
R
G
PL
H
U
FR
D
E
CY
K
SK
IT
CZ
LT
PT
SI
N
L
AT
LV
LU
ES
IE
BE
EU
-1,0%
SE
FI
EE
D
K
-2
EU 5
EU -15
R12
1,0%
-3,0%
-5,0%
- Primary
- Total
-7,0%
%
/ Source: Eurostat
. (% , 2004)
General government consolidated gross debt (% of GDP, 2004)
120,0%
100,0%
110,5%
95,6%
75,0%
71,9%
66,0%
65,6%
65,2%
61,9%
57,6%
55,7%
51,2%
48,9%
45,1%
43,6%
42,7%
41,6%
37,4%
29,9%
29,4%
14,4%
19,7%
4,9%
20,0%
7,5%
71,3%
64,7%
40,0%
63,8%
60,0%
105,8%
80,0%
43,6%
IT
G
R
BE
CY
M
T
FR
PT
AT
N
L
H
U
SE
PL
SK
CZ
U
K
D
K
IE
SI
LT
LV
LU
EU
-2
EU 5
E U 15
R12
EE
0,0%
FI
ES
.VIII
D.VIII
2006
/ Source: Eurostat
235
/
.
Deficit/Surplus
2004
%
% of GDP
1
Debt1
.
Fixed investment
2
Revenue2
2
Expenditure2
2004
%
% of GDP
2004
%
% of GDP
2004
%
% of GDP
2004
%
% of GDP
2004
%
% of GDP
EU-25
EU-15
EUR-12
-2,6
-2,6
-2,7
63,8
64,7
71,3
2,5
2,4
2,6
:
45,3
45,5
:
47,9
48,3
:
16,4
17,0
BE
CZ
DK
DE
EE
GR
ES
FR
IE
IT
CY
LV
LT
LU
HU
MT
NL
AT
PL
PT
SI
SK
FI
SE
UK
0,1
-3,0
2,8
-3,7
1,8
-6,1
-0,3
-3,7
1,3
-3,0
-4,2
-0,8
-2,5
-1,1
-4,5
-5,2
-2,5
-1,3
-4,8
-2,9
-1,9
-3,3
2,1
1,4
-3,2
95,6
37,4
42,7
66,0
4,9
110,5
48,9
65,6
29,9
105,8
71,9
14,4
19,7
7,5
57,6
75,0
55,7
65,2
43,6
61,9
29,4
43,6
45,1
51,2
41,6
1,5
4,3
1,9
1,4
3,0
4,1
3,7
3,3
3,6
2,6
3,9
2,0
3,2
5,0
3,1
4,3
3,5
1,0
3,4
3,3
2,8
2,5
2,9
3,0
1,8
49,3
41,5
58,9
43,8
39,0
46,0
40,2
50,1
35,6
45,4
39,7
35,5
32,2
44,9
44,8
42,9
46,2
49,4
:
45,4
45,9
44,7
52,5
58,3
40,8
49,3
44,5
56,3
47,5
37,3
52,0
40,5
53,8
34,3
48,5
44,0
36,2
34,7
46,0
49,2
48,1
48,6
50,7
:
48,4
47,8
48
50,7
57,3
43,9
16,0
11,8
16,9
19,4
10,2
18,7
12,2
18,1
9,2
17,3
11,6
8,8
8,9
15,7
14,3
13,2
12,3
19,3
:
14,9
16,9
10,4
16,8
18,0
13,4
BG
RO
TR
IS
NO
US
JP
1,7
-1,2
-7,0
0,2
8,2
-3,6
-7,1
38,8
18,5
80,1
36,8
46,5
63,4
164,0
:
:
:
:
:
:
:
41,7
30,8
25,5
46,7
55,4
16,3
29,8
40,0
32,0
32,6
46,5
47,2
19,8
36,9
:
:
:
:
15,0
:
:
Charts
2001
%
% of GDP
12,5
12,6
(% ) - Deficit (%GDP)
2,0%
0
3
0
2
0
1
0
4
2
0
2
0
2
0
9
9
9
8
00
2
0
20
1
9
9
6
9
7
1
9
1
9
95
-6,0%
-8,0%
-10,0%
-12,0%
- Greece
EE-15 - EU-15
- Eurozone
EE-25 - EU-25
(% ) Debt (% GDP)
120,0%
110,0%
100,0%
:
:
:
6,4
7,8
:
:
1
9
-4,0%
90,0%
80,0%
70,0%
- Greece
EE-15 - EU-15
4
0
0
2
03
20
02
20
1
2
0
2
9
9
9
1
98
19
97
19
5
9
4
9
60,0%
8,6
7,3
10,1
8,9
8,9
12,9
14,5
P
13,9
11,5
11,6
7,5
10,9
11,7
11,8
19
19
-2,0%
9
4
0,0%
11,3
P
8,7
10,7
P
13,2
P
6,3
13,2
P
9,7
13,2
3,7
P
14,7
- Year
Units
. 3 . 4
Social benefits3 Public pensions4
Indicator
236
.VIII.1
D.VIII.1 Public Finances
- Eurozone
EE-25 - EU-25
(% )
Social benefits (% of GDP)
19,0%
18,5%
18,0%
17,5%
17,0%
16,5%
16,0%
15,5%
15,0%
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
- Greece
EE-15 - EU-15
- Eurozone
EE-25 - EU-25
E
P
1
/ Source: Eurostat / Eurostat and OECD
www.icap.gr
/ Estimate
/ Provisional data
T , ( ).
Debt is valued at nominal (face) value, and foreign currency debt is converted into national currency using end-year market exchange rates (though special rules apply to contracts).
2
/ -95 8.99 / Total general government revenue/expenditure is defined in ESA-95 8.99 by reference to a list of categories.
3
( ) (95 D.62) , , (: ,
, , , , , , , , , ),
.
Social benefits (other than social transfers in kind) paid by government (ESA95 code D.62) are transfers to households, in cash or in kind, intended to relieve them from the financial burden of a number of risks or needs (by convention: sickness, invalidity, disability,
occupational accident or disease, old age, survivors, maternity, family, promotion of employment, unemployment, housing, education and general neediness), made through collectively schemes, or outside such schemes by government units.
4
, , , / ld-age pension, anticipated old-age pension, partial pension, disability pension and early retirement benefit.

EXTERNAL TRADE
. .
. / .
. , , ,
() ().
()

, 100.
.

( .
) .

. .
. .
IC34 (=-25 + 9 :
, , , , ., , .,
). .
The balance of payments is composed of the current account and the

capital and financial account. The current account is itself subdivided into
goods, services, income and current transfers; it registers the value of
exports (credits) and imports (debits).
Foreign Direct Investment (FDI) intensity
Average value of inward and outward Foreign Direct Investment flows
divided by GDP, multiplied by 100.The index measures the intensity of
investment integration within the international economy.
Real effective exchange rate (REER)
The REER aims to assess a country's (or currency area's) price or cost
competitiveness relative to its principal competitors in international
markets. Changes in cost and price competitiveness depend not only on
exchange rate movements but also on cost and price trends. This REER is
deflated by nominal unit labour costs (total economy) against IC34 (=
EU25 + 9 other industrial countries: Australia, Canada, United States,
Japan, Norway, New Zealand, Mexico, Switzerland, and Turkey). A rise in
the index means a loss of competitiveness.
. (% , 2003)
Trade balance and current account balance (% GDP, 2003)
30,0%
20,0%
10,0%
EE
LV
LT
C
Z
PT
CY
ES
PL
IT
SI
AT
SK
FR
FI
N
L
D
K
D
E
SE
LU
BE
EU
-2
EU 5
EU -15
R12
0,0%
IE
-10,0%
-20,0%
- Trade balance
I . . - Current Account balance
-30,0%
/ Source: Eurostat
(, 2003) . . (% , 2002)
FDI intensity (index, 2003) and inward FDI stock (% of GDP, 2002)
8
11,3
140%
10
356,7
120%
2151,2
%
100%
/ Index
5
80%
4
60%
3
40%
2
20%
EU
FI
E
G
R
PT
- FDI intensity
- Inward FDI stock
LT
IT
PL
SK
LV
SI
U
K
C
Z
AT
ES
Y
N
L
M
T
FR
EE
IE
BE
0%
LU
-2
EU 5
EU -15
R
-1
2
SE
.IX
D.IX
2006
% of GDP %
/ Source: Eurostat
237
2006
www.icap.gr

FDI Intensity
2003
Index

Inward FDI
2002
, %
Stocks, % GDP
.
Real effective ER
2004
% .
Annual % change
Charts
(% AE)
Current Account (% of GDP)
03
20
1
2
0
0
0
0
2
:
:
8,05
:
-2,89
:
:
22,5
:
9,3
:
20,1
11,5
1,8
:
1,7
:
:
1,1
0,8
0,4
19
-8,5
-5,7
-3,3
:
13,1
-4,9
3,2
3,0
0,1
4,4
:
1,1
0,5
-0,8
-12,5
-7,9
-5,8
:
12,8
-5,0
2,5
-2,0%
6,7
15,6
45,2
:
61,1
633,9
396,7
0,0%
BG
RO
TR
IS
NO
US
JP
2,0%
:
0,95
2,24
-0,17
0,55
4,82
3,82
1,07
5,23
3,67
1,02
4,40
3,72
:
6,20
0,95
-0,09
2,74
-3,45
1,97
-0,67
9,07
1,46
0,86
5,81
:
47,1
38,3
24,1
54,0
10,5
32,3
24,1
133,0
9,6
42,3
27,2
25,6
2.151,2
50,1
54,2
75,0
18,8
22,6
32,1
16,9
32,2
23,1
44,2
32,6
11,3
1,6
0,9
0,3
5,8
0,2
2,9
3,0
10,0
0,9
5,8
1,5
0,6
357,6
2,4
3,3
5,6
2,8
1,0
0,4
2,2
1,1
0,2
1,4
1,9
7,6
-6,1
2,7
2,3
-13,2
-6,4
-2,8
0,3
-1,4
-1,4
-3,5
-8,2
-6,9
8,2
-9,0
-5,7
3,3
-0,5
-2,0
-5,7
-0,4
-0,9
4,2
6,4
-1,7
0,6
0,5
1,8
-2,1
9,3
7,5
3,7
0,8
-9,4
-0,2
22,1
5,2
3,4
31,1
-0,7
9,0
0,0
0,7
0,2
2,7
2,2
0,7
-1,5
0,7
1,4
6,6
-2,7
4,6
6,3
-17,4
-14,8
-5,1
0,1
24,8
0,7
-23,8
-18,0
-9,2
-9,8
-4,0
-14,4
5,2
0,4
-2,7
-9,0
-2,2
-2,0
7,8
6,3
-4,3
223,7
43,1
57,1
666,0
4,1
11,1
141,0
319,4
79,2
259,1
0,8
2,8
6,8
10,0
38,4
2,2
255,8
79,2
53,8
29,0
11,4
19,4
46,4
90,2
272,7
BE
CZ
DK
DE
EE
GR
ES
FR
IE
IT
CY
LV
LT
LU
HU
MT
NL
AT
PL
PT
SI
SK
FI
SE
UK
6,87
:
:
12,0
12,4
23,6
1,2
1,3
1,8
0,0
0,4
0,3
0,3
0,3
0,2
93
-0,1
0,4
1,4
2.722,7
2.539,9
2.119,9
EU-25
EU-15
EUR-12
. . . . . .
Goods exports
Trade balance
Service balance Current Account
2003
2003
2003
2003

%
%
%
Billions of
% of GDP
% of GDP
% of GDP
19
Indicator
- Year
Units
-4,0%
-6,0%
-8,0%
- Greece
H - US
EE-15 - EU-15
FDI intensity
4,0%
3,5%
3,0%
2,5%
2,0%
1,5%
1,0%
0,5%
0,0%
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
- Greece
H - US
EE-15 - EU-15
. - REER (1994=100)
120%
115%
110%
105%
100%
95%
90%
85%
- Greece
04
20
3
2
2
0
20
1
0
0
2
00
20
9
1
8
1
7
1
6
9
19
9
9
9
1
80%
238
.IX.1
D..1 External Trade
EE-25 - EU-25
E
P
F
*
238
www.icap.gr
/ Estimate
/ Provisional data
/ Forecast
2001 / 2001 data
2002 / 2002 data
/ 100, / .
If the index of the comparative price levels shown for a country is higher/lower than 100, the country concerned is relatively expensive/cheap as compared with the EU average.
2
, . 2,2% / As these are OECD data, no EU aggregates are available. The OECD average was 2.2%.
3
, . 1,86% / As these are OECD data, not all EU aggregates are available. The OECD average was 1.86%.
4
( -25) 1995 . , 1995
-25 1995-2004.
The initial relative (vis--vis the EU-25 average) labour productivity in 1995 is plotted against the mean annual rate of change in relative labour productivity. The negative relationship suggests a convergence process, where countries who in 1995 were significantly
below the EU-25 mean in terms of labour productivity, also exhibit strong gains in terms of relative productivity over the 1995-2004 period.
/ Source: Eurostat, Bureau of Economic Analysis and Bank of Japan

Η Ελλάδα σε αριθμούς 2006 - ICAP

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ICAP, the leading business information and

The statistical analysis of the Greek

Greece in Figures 2006

The panorama of the Greek corporate

As mentioned above, classification and

Greece in Figures 2006

mining-quarrying shrank in 2004.

Profit stagnation, combined with the

Return on Equity of the Corporate Sector: 2003-2004

The ratio of profit-making to loss-bearing

Greece in Figures 2006

significant increase in loans accompanied

Greece in Figures 2006

10, 11, 13, 14

Greece in Figures 2006

.2 Corporate Sector: Consolidated Balance Sheets: 2003-2004

/ Net fixed assets

/ Machinery & equipment

/ Provisions for liabilities & charges

.3 Corporate Sector: Consolidated Income Statements: 2003-2004

/ Administrative, distribution & selling expenses

, . / Interest charges, etc.

Greece in Figures 2006

.4 Corporate Sector: Financial Ratios: 2003-2004

/ Capital structure and debt management

Greece in Figures 2006

NACE / NACE description

Forestry, logging and related service activities

Greece in Figures 2006

..1 Agriculture and Fishing: Consolidated Balance Sheets: 2003-2004

/ Machinery & equipment

/ Net fixed assets

/ Equity and Liabilities

/ Provisions for liabilities & charges

Shares in Corporate Sector Totals: 2004

..2 Agriculture and Fishing: Consolidated Income Statements: 2003-2004

/ Administrative, distribution & selling expenses

, . / Interest charges, etc.

Shares in Corporate Sector Totals: 2004

(Exclusive of Banking, Insurance, and Finance)

Greece in Figures 2006

/ Capital structure and debt management

..4 Agriculture and Fishing: Consolidated Balance Sheet: 20041

/ Provisions for liabilities & charges

Greece in Figures 2006

..5 Agriculture and Fishing: Consolidated Income Statement: 20041

, . / Interest charges, etc.

/ Administrative, distribution & selling expenses

/ Capital structure and debt management

Greece in Figures 2006

Net fixed assets

..8 : 20 2003 2004

Greece in Figures 2006

..9 : 20 2003 2004

Net fixed assets

Greece in Figures 2006

Greece in Figures 2006

..16 Agriculture and Fishing: The Top-20 Companies in Agriculture: 2004

..17 Agriculture and Fishing: The Top-20 Companies in Fish-Farming: 2004

Greece in Figures 2006

NACE / NACE description

Extraction of crude oil and natural gas