FOR THE PERIOD BETWEEN JANUARY 1 - JUNE 30, Pursuant to Law 3556/2007, article 5 CRETA FARM C.I.S.A.

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1 SEMI-ANNUAL FINANCIAL REPORT FOR THE PERIOD BETWEEN JANUARY 1 - JUNE 30, 2014 Pursuant to Law 3556/2007, article 5 CRETA FARM C.I.S.A. S.A. Reg. no.: 11867/06/Β/86/38 General Commercial Registry no th km of Rethymnon - Herakleion National Road Municipality of Rethymni

2 Contents A. Declarations of the Representatives of the issuing entity s Board of Directors... 2 B. Semi-annual Directors' Report... 3 C. Review report on the interim financial information... 7 D. Semi-annual Financial Statements BACKGROUND General information on the company and Group General information about the financial statements FINANCIAL STATEMENTS Concise Statement of Financial Position Concise Statement of Comprehensive Income for the period Concise Statement of Comprehensive Income for the period 1/4 30/6/ Concise Statement of Changes in Equity Concise statement of Cash Flows - Indirect method SELECTED NOTES ON THE INTERIM FINANCIAL STATEMENTS Basis for preparing the interim financial statements Accounting principles Estimates Significant events during the reporting period Operating segments Tangible assets Intangible assets Earnings per share Seasonal nature of business activities and changes Dividends Group Structure Forecasts Related parties disclosures Events after the reporting date Ε. Details and information for the period between

3 A. Declarations of the Representatives of the issuing entity s Board of Directors The members of the Board of Directors of CRETA FARM C.I.S.A.": 1. Emmanuel Domazakis 2. Konstantinos Domazakis 3. Eleni Domazaki Hereby declare and verify, to the best of our knowledge, that: A) The semi-annual financial statements of the Société Anonyme under the title of CRETA FARM C.I.S.A. for the period between 1/1 and , which have been which have been prepared in accordance with the applicable accounting standards, present a true view of the assets and liabilities, of the net position and of the results of operations of the issuing entity, as well as of the entities included in the consolidation, accounted as a single entity, as per paragraphs 3 to 5 or article 5 of Law 3556/2007, and as per the resulting decisions issued by the B.D. of the Hellenic Capital Market Commission. B) The semi-annual Directors Report presents truthfully the information required in accordance with paragraph 6, article 5, Law 3556/2007, and with the resulting decisions issued by the B.D. of the Hellenic Capital Market Commission. Rethymnon, August 22, 2014 The President of the Board and Managing Director The Vice-President of the Board and Managing Director The Member of the BoD Emmanuel Domazakis Konstantinos Domazakis Eleni Domazaki ID. no: Ι / 74 ID. no: ΑΒ / 06 ID. no: ΑΒ / 07 2

4 B. Semi-annual Directors' Report The present Semi-annual Directors Report of CRETA FARM C.I.S.A. presented below refers to the 1 st six-month period of the current fiscal period of 2014 ( ). This report has been prepared and has been aligned with the relevant clauses of paragraph 6, article 5, of Law 3556/2007 (Government Gazette 91Α/ ) and the resulting executive decisions issued by the Hellenic Capital Market Commission, no. 1/434/2007 article. 3 and Decision 7/448/ article 4. The present report provides a summary description of the Group s financial details for the 1st semester of the current 2014 year, as well as the important events that took place during this period and the effect thereof on the semi-annual financial statements. In addition, it describes the main risks and uncertainties the companies of the Group may face in the 2 nd semester of 2014 year and reference is made to assessments and the progress of activities of the issuing entity for the 2 nd semester of Financial developments and performance of reporting period Turnover Group sales reached 48.4 MM, showing 11.2% increase in comparison with the 1 st semester of The respective figures for the parent company reached 47.8 MM during 2014 and 43.1 MM during the respective period of 2013, i.e. increased by 11.0%, a fact that due to the negative financial situation proves the faith of consumers placed on company products. Earnings before interest, taxes, depreciation and amortization (EBITDA): The Group's EBITDA reached 6.9 MM vs. 2.5 MM in The respective company figures reached 7.0 MM for 1/1-30/6/2014 period vs MM for the respective period of Loans The net loans of the company reached 97.2 MM vs MM on 31/12/2013. The additional loans are due to an extraordinary financing to the working capital due to the fire in the 1 st quarter of In addition, the obligations from financial leasing agreement were increased due to the releasing agreement that was signed in the current period in question. At group level, net loans reached MM vs MM on 31/12/13. It is noted that after the reference period (August 2014) the settlement for the insurance indemnity was finalized and the repayment of loans is expected (approx. 2.5 MM). Financial ratios Financial ratios Group Company Gross margin 43.3% 38.2% 44.0% 39.0% EBITDA margin 14.5% 5.9% 14.8% 7.6% EBIT margin 9.3% 0.2% 10.7% 3.1% Significant events following the 1 st six-month period of the financial period Periods occurring during the reference period Commercial activities During the 1 st six-month period of 2014, the company was strategically focused on the "EN ELLADI" brand, the only deli meat product line with olive oil in the world. The basic support spearheads selected were the innovation, led by the premium range of EN ELLADI Gourmet and advertising. In this way, the EN ELLADI" brand, during the 1st six-month period of the year grew at a rate of +21% in terms of value inside a stagnant market (IRI June, 2014). This strategy helped to significantly improve profitability in the 1st six-month period of 2014 and bolster the first place in the super markets, reaching a share of 24.3% in value (IRI YTD June, 2014). The international activities of the Group were focused on redefining the strategy, which is governed by the gradual development of the commercial activity, while also limiting investments. In June, the innovative product range of the affiliate was relaunched, under the new, for the first time presented in Europe, brand name of Oliving. In Germany, the 3

5 Group proceeded to deals with large local distributors and chains for the gradual placement of the Oliving products in the German shelves, starting placements on Decisions issued by the Ordinary Shareholder General Assembly On May 30, 2014, the annual ordinary shareholder general assembly took place. In summary: The Annual Consolidated and Separate Financial Statements were approved. The option not to pay any dividend from the results of 2013 fiscal period was approved. The discharge of the members of the Board of Directors and of the Certified Auditor - Accountant from all liabilities for the operations during the 2013 fiscal year was approved. The election of auditing firm GRANT THORNTON CERTIFIED AUDITORS SOCIÉTÉ ANONYME was approved in order to conduct the ordinary audit of the annual financial statements for 2014 fiscal year and audit the tax compliance of the company for The fees of the Board members for the fiscal year of 2013 were approved and the fees of the members of the Board for the fiscal year of 2014 were preapproved. The provision of permission was approved for the signing of agreements between the company and related entities. The permission to the members of the Company's Board of Directors and to its Managers to participate in Board of Directors or in the management of companies belonging to the Company Group was approved. The transactions of the company with the related entities were approved. A program for acquiring equity shares was approved, as per article 16 of cod. law 2190/1920. A Stock Option scheme was established for allocating shares to company executives and to the executive members of its Board of Directors was approved, along with its core terms. Fire at the facilities in Rethymnon On March 14, 2014, fire broke out at the stock warehouses located at the facilities of Rethymnon. Through the successful application of the system of emergencies and by following the safety procedures, no member of the company personnel faced any danger. Within August 2014, the settlement procedure with the insurance company was finalized. The total indemnity amount reached 9.15 MM and refers to the replenishment of destroyed stock, the restoration of storage areas and an indemnity for the loss of gross profits suffered by the company due to the above fire. The indemnity was paid by the co-insurance group comprised by companies Groupama Phoenoix Insurance SA, Ethniki General Insurances SA, Evropi Insurance SA, Generali Hellas Insurance SA and Agrotiki Asfalistiki SA" in proportion to the participation rate of each co-insuring company. Disinvestment of "Creta Farms Nordic AB" During the current period, and within the context of the wider changes in the strategy for international development of the company, the parent company proceeded to the complete disinvestment from the partnership / joint venture titled "Creta Farms Nordic AB" with Swedish Parsons Sverige AB, an action that was implemented by transferring for a token consideration the share of the Greek company to the Swedish one. Events after the reporting period As mentioned above, during August 2014, the insurance indemnity with regard to the fire caused in the 1 st quarter of 2014 was finalised. Part of the indemnity collected was used to repay loans (approx. 2.5 MM). Furthermore, all syndicated banks approved, following the statement of intention by Management (March 2013), the absorption by the parent company of its affiliate companies TETOFARMA SA and FARMA THESSALIAS SA. The transformation procedures are expected to begin within the 2 nd six-month period of Assessments and progress of operations for the 2 nd semester of the financial period For the second six-month period, the Group continues with the same strategy: focus on "EN ELLADI" brand and innovate. The objective is to further bolster the first position in the super markets, by providing products of increased added value for against the rising trend of private labels, and against the expected intense promotional pressure by the key competitors. Risks and uncertainties for the 2 nd six-month period of the financial period During the 2 nd six-month period of 2014, an increase is expected in the rate of concentration in the field of super markets, either through acquisitions or through the expansion of the network of stores. This fact leads both to an increase of the negotiation power and pressure for further discounts / provisions and to an increase of the private label share. At the same time, pressure is expected to continue on the income available for consumption. It is noted that the average expenditure per visit to a super market in 2014 reached to 46.8 vs in 2013, while th average monthly expense in 2014 reached 262 vs. 290 in 2013 (Independent research by the University of Economy of Athens with regard to the consumer behaviour in the field of Super markets). 4

6 Uncertainties The food industry is a highly competitive environment. Despite the fact that the infiltration of imports is reduced, the further reduction of available income may turn part of consumers to products of lower price, and usually lower quality. Any increase in the international prices of raw materials or any shortages in them may significantly affect the production cost for the company. The Group operates in a regulatory environment that relates to environmental and health and safety standards. Changes in the regulatory environment can lead to legal liabilities and additional costs. The financial crisis affecting Greece in the past four years could have a further impact on the financial figures of the company. The additional measures taken for period shall further reduce the available income and may affect demand for company products. Objectives and risk management policies The Group is exposed to financial risks, such as market risks (changes in the exchange rates, interest rates, market prices), credit risk and financial liquidity risk. The general risk management program of the Group is focused on the unpredictability of the financial markets and seeks to minimise the potential negative influence thereof on the Group's financial performance. Credit risk Credit risk relates to the possibility of a contractor causing financial loss to the Group due to breach of contractual obligations. Receivables from customers are a class of financial instruments that may adversely affect the smooth liquidity of the Group. Under control of credit risk, the Group shall, on the basis of the policy followed, to the extent of highest possible proliferation of sales to a large number of customers, while consistently applying a clear credit policy which is monitored and evaluated on an on-going basis so that allocations not to exceed every customer's designated credit limit. Furthermore, some claims are secured through a credit insurance company or factoring. To manage credit risk, clients are grouped according to category of falling, their credit characteristics, the majority of their claims and any problems in the past they have shown. Any receivables considered bad are reassessed at each reporting period and relevant provision for impairment is formed. Liquidity risk Liquidity risk refers to the fact that the Group might fail to meet its financial obligations. The Group handles its liquidity needs by daily monitoring its cash flows and conducting rolling forecasts thereof on a weekly, monthly and quarterly basis. Currency risk Currency risk concerns the possibility that the fair value or cash flows of a financial instrument will fluctuate because of changes in foreign currency exchange rates. Most of commercial transactions of companies in the Group are made in the currency of the primary economic environment (functional currency) which is the Euro. The activities of the Group in foreign markets is not of such volume to have significant risk of affecting the reasonable value or the future cash flows of the financial means of the Group or Company, which could lead to significant variations due to changes in foreign currency exchange rates. Interest rate risk The Group's loan obligations are connected to fluctuating interest rates, which depending to the conditions of the market, may either remain fluctuating or convert to fixed interest rates. The company does not use financial derivative products. As in the previous year, the remaining financial assets and liabilities are not significantly affected by interest rate fluctuations. Risk of live assets The operations related to live assets include certain special risks. These risks refer to animal illnesses and the possible loss of large stock. The company, in an effort to adjust to E.U. directives and to pertinent legislation, maintains a high level of health specifications, thus minimizing any possible risks. Transactions with related parties Related parties refer to subsidiaries, companies sharing owners and/or Management with the Company, any associated companies, joint ventures, and also members of the Board of Directors and the management personnel of the company. The company receives from these related parties goods and services, while it provides goods and renders services to them. At the same time, there is a financing agreement for a Group company, along with the provision of guarantees and securities. The structure of the Group, along with the key details of the companies included in it, is presented below: 5

7 Group Structure No Name. Registered Offices Participation % Get Involved Relation with parent company 1 CRETA FARM CISA Greece 100% - Parent - Consolidation method 2 TETO-FARMA SA Greece 95% Direct Subsidiary Full consolidation 3 FARMA THESSALIAS SA Greece 98% Direct Subsidiary Full consolidation 4 Creta Farm Cyprus LTD Cyprus 100% Direct Subsidiary Full consolidation 5 Creta Farm Espana SL Spain 50% Direct Joint Venture Proportionate consolidation 6 Creta Foods SA Luxembourg 100% Direct Subsidiary Full consolidation 7 Creta Farms LTD Cyprus 80% Indirect Subsidiary Full consolidation 8 Creta Farms USA, LLC U.S. 80% Direct Subsidiary Full consolidation Transactions with the issuing entity, per category of companies, as such have been classified based on the relation thereof with the issuing entity (subsidiaries, joint ventures, etc.), are presented below. Supplier Parent Client (in thousands ) Subsidiaries / Joint Ventures Other related parties Parent 3, ,322 Subsidiaries / Joint Ventures Total 2, ,101 Other related parties - - TOTAL 2,605 3, ,423 Creditor Debtor (in thousands ) Parent Subsidiaries Other related parties Total Parent 17,107 9,120 26,227 Subsidiaries / Joint Ventures Other related parties TOTAL ,148 9,137 26,285 Revenue Expenses (in thousands ) Parent Subsidiaries Other related parties Total Parent 1,169-1,169 Subsidiaries / Joint Ventures Other related parties TOTAL 48 1,169-1,217 The fees of key management personnel amounted to 570 th. Rethymnon, August 22, 2014 The President of the Board and Managing Director The Vice-President of the Board and Managing Director Emmanuel Domazakis ID. no: Ι / 74 Konstantinos Domazakis ID. no: ΑΒ / 06 6

8 C. Review report on the interim financial information Review report on the interim financial information To the Shareholders of ''CRETA FARM C.I.S.A.". Introduction We have reviewed the attached concise corporate and consolidated statement of financial position for CRETA FARM C.I.S.A." (hereinafter referred to as the "Company") and of its subsidiaries, dated June 30, 2014, and the relevant concise corporate and consolidated results of operations and statement of comprehensive income, changes in equity, and cash flows for the six-month period that expired on the above date, along with the selected explanatory notes, constituting the interim concise financial information, which is an essential part of the semi-annual financial report provided for by article 5, L. 3556/2007. The Management is responsible for preparing and presenting this interim concise financial information, in accordance with the International Financial Reporting Standards, as such have been adopted by the European Union, and are applied for Interim Financial Reporting (International Accounting Standard (IAS) 34). Our own responsibility is to express a conclusion about this interim concise financial information based on our review. Scope of review We conducted our review in accordance with International Standard of Review Engagements 2410 Review of Interim Financial Information Performed by the Independent Auditor of the Entity. A review of interim financial information consists of making enquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Conclusion Based on our review, nothing has come to our attention that causes us to believe that the accompanying consolidated interim concise financial information is not prepared, in all material respects, in accordance with International Accounting Standard 34. Report on other Legal and Regulatory matters Our review has not identified any inconsistency or discrepancy in the remaining details of the semi-annual financial report provided for by article 5, Law 3556/2007, with the attached interim concise financial information. Paleo Faliro, August 25, 2014 The Certified Auditor - Accountant Dimitris Ntzanatos SOEL Reg no

9 D. Semi-annual Financial Statements The attached interim financial statements were approved by the Board of Directors for ''CRETA FARM C.I.S.A." on 22/8/2014 and made public by posting them on the Internet at and the website of Athens Stock Exchange, where they will remain available to investors for at least five (5) years from the date of drafting and publication thereof. It is noted that the concise financial details and information published in Press, which result from the interim financial statements, aim to provide the reader with a general update on the financial standing and results of the issuing entity, but do not offer a complete view on the financial position, financial performances and cash flows of the Company and Group, as provided for by the International Financial Reporting Standards. The President & Managing Director The Vice-President & Managing Director Emmanuel Domazakis Konstantinos Domazakis ID No.: Ι / 74 ID No.: ΑΒ / 06 The Chief Financial Officer The Head Of Accounting Ioannis Papadopoulos Evangelos Tsakiris ID No.: Ξ / 86 ID no.: Σ /00 OEE License Reg. no.: Accountant, 1 st Class 8

10 1. BACKGROUND 1.1. General information on the company and Group Name These financial statements refer to the Group, where the parent company is called: "CRETA FARM C.I.S.A Company "CRETA FARM CISA" (Industrial & Commercial S.A.) is legally a Limited Liability Company (Societe Anonyme), established in Greece (Rethymnon) in October 1979 and its headquarters is located in the municipality of Arkadi, Rethymnon, 15 th Km National Road Rethymnon - Heraklion (P.C , site Latzimas). The company's shares are traded on the Athens Stock Exchange from April 3, The company's shares are traded in the ''Mid and Small Capitalization'' category. It belongs to the class "Foods and Beverages - Foods" Object and operations Details of the activities undertaken by the Group are: 1. Importation, production, breeding, fattening, forwarding, exportation, distribution, exploitation and marketing of animals of domestic or foreign origin, as well as the operation and exploitation of slaughterhouses. 2. Importation, representation, production, processing, breeding, processing, standardising, packaging, forwarding, freezing, storing, exporting, distributing, exploitation and marketing of fresh, chilled and frozen meat, related articles, products, or by-products thereof, and other related third-party production. 3. Importation, representation, production, processing, breeding, processing, standardising, packaging, forwarding, freezing, storing, exporting, transporting, exploitation and marketing of fish, fish catch, and marine organisms of any type, fries of marine organizations of any type, of similar articles, products and by-products, and other related third-party production. 4. Importing, representation, production, processing, breeding, processing, standardization, packaging, forwarding, freezing, storing, exporting, transporting, exploitation and marketing of olive oil and oils, coffee and beverages, wine, wine products, raki, tsikoudia, rakomelo, ouzo, tsipouro, beverages and soft drinks of any kind, alcoholic or not, of similar types, products and by-products of them, and other related third-party production. 5. Importing, representation, production, processing, breeding, processing, standardising, packaging, forwarding, freezing, storing, exporting, transporting, exploitation and marketing of animal food, fish food, specialized food, and all kinds of agricultural products, organic - environmentally - friendly products / cultivation methods, frozen or non-frozen food, bakery goods, pastry products, sweets and confectionary products, all kinds of agricultural, breeding, fishing and farming products, including all food in general, as well as the pertinent raw materials and all kinds of consumer goods. 6. Construction, operation, and management of facilities and waste processing plant, plants producing organic fertilizers, waste composting, neutralization, treatment, disposal and wastes management (solid and liquid) of the Company's facilities and plants, as well as the exploitation, transportation, trading and provision of pertinent services with regards to any kinds of products and by-products, resulting from the operation and management of the above facilities and plants, including the production of electrical power for own-use or sale. 7. Undertaking and manufacture of any kinds of technical projects for the private segment (indicatively: buildings, repairs, etc.). 8. Activation in the field of restaurant and alimentation product field, as well as importing, representation, forwarding, storage, exportation, distribution, exploitation and marketing of all kinds of items and products necessary for the operation and exploitation of dining and feeding areas (health concern facilities). 9. Research, development, monitoring, improvement, forwarding, concession, provision of relevant consulting services and training, and marketing of modern and/or innovative methods and expertise on cultivation, fattening, production, processing, packaging, refrigeration, forwarding, exploitation, management and trading of every Company object within the context of its purpose Company with limited duration The duration of the company, under it statute, expires in Based on applicable legislation, indefinite duration for a company is not allowed; however, it can be extended after a decision taken by the shareholder General Assembly, with quorum and plurality voting as provided for by its statute. 9

11 1.2. General information about the financial statements The financial statements are the Consolidated Financial Statements for the Group and the Separate Financial Statements for the parent company CRETA FARM C.IS.A Period and currency The financial statements refer to the fiscal period between and The amounts stated in them are in thousands of, unless stated otherwise. The comparative data refer to the period 1/1-30/6/2013 for the data of the profit and loss statement, for the cash flow statement and for the changes in equity and on for the financial position data Application of IFRS Every IFRS issued by the International Accounting Standards Board and adopted by the European Union, in force during the reporting period has been implemented in full Going concern The financial statements have been prepared on the basis of going concern. The administration assesses that there is no evidence of challenging the applicability of this principle Fair view The management has concluded that the financial statements present fairly the financial position, the financial performance and the cash flow of the company and the group Approval of financial statements The financial statements were approved by the Company Board of Directors on August 22,

12 2. FINANCIAL STATEMENTS 2.1. Concise Statement of Financial Position Notes Group Company (amounts in th. of ) ASSETS Tangible assets ,549 99,550 69,620 80,004 Intangible assets 3.7 5,868 6,116 4,180 4,350 Live assets ,701 2,706 3,701 2,705 Goodwill 9,947 9, Investments in subsidiaries ,050 23,530 Other investments Other long-term receivables Inventories ,108 7,427 7,646 6,891 Customers and other commercial receivables ,502 12,152 17,185 15,672 Other receivables ,710 12,969 40,027 31,515 Cash available and cash equivalents 1,866 2,532 1,696 2,404 TOTAL ASSETS 153, , , ,402 EQUITY AND LIABILITIES EQUITY Share Capital 12,382 12,382 12,382 12,382 Share premium 1,753 1,753 1,753 1,753 Reserves 43,941 50,736 34,578 41,287 Profits / (Losses) carried forward (45,593) (47,548) (14,925) (17,838) Total equity 12,482 17,322 33,787 37,583 Shareholders Equity 12,482 17,322 33,787 37,583 Non-controlling interests (2,206) (2,040) - - Total equity 10,276 15,282 33,787 37,583 LIABILITIES Deferred tax liabilities 5,811 8,498 3,273 5,863 Forecasts 3, Long term interest-bearing liabilities ,701 46,484 46,701 46,484 Long-term liabilities 53,249 55,719 50,701 53,074 Suppliers and associated liabilities ,489 19,318 21,536 19,833 Other liabilities 10,516 8,531 9,107 8,139 Short-term loans ,628 55,468 52,274 48,774 Short-term Liabilities 89,633 83,318 82,917 76,745 Total Liabilities 142, , , ,819 TOTAL EQUITY AND LIABILITIES 153, , , ,402 11

13 2.2. Concise Statement of Comprehensive Income for the period Statement of total revenue Group Company Notes (amounts in th. of ) Sales (non-live assets) 46,182 38,837 45,640 40,403 Sales (live assets) ,201 4,669 2,201 2,704 Total sales ,382 43,507 47,841 43,107 Cost of sales (24,924) (21,823) (24,297) (23,527) Gross profit (of non-live assets) 21,258 17,015 21,343 16,876 Effect of including live assets at fair value Development costs for live assets (3,501) (5,214) (3,501) (3,308) Gross result from operations 20,954 16,618 21,039 16,825 Administrative expenses (2,680) (2,998) (2,297) (2,485) Selling expenses (14,199) (13,346) (13,589) (12,827) Other income / expenses (193) (56) (183) Earnings before interest, taxes, depreciation, and amortization and restructuring expenses 6,997 2,571 7,060 3,256 Investment results / Value impairments - (14,917) - (13,439) Financial income / expenses (4,262) (4,123) (3,641) (3,582) Profits / (Losses) before tax 256 (18,960) 1,457 (15,692) Taxes 641 1, ,636 Profits / (Losses) after tax 897 (17,715) 2,000 (14,056) Attributable to: Parent company owners 1,042 (17,454) 2,000 (14,056) Non-controlling interests (144) (261) - - Profits / (Losses) after tax per Share - basic (in ) (0.5921) (0.4768) Other comprehensive income Group Company Profits / (Losses) after tax 897 (17,715) 2,000 (14,056) Exchange differences on translation of foreign exploitation (108) (91) - - TOTAL COMPREHENSIVE INCOME 789 (17,806) 2,000 (14,056) Attributable to: Parent company owners 955 (17,526) 2,000 (14,056) Non-controlling interests (166) (279)

14 2.3. Concise Statement of Comprehensive Income for the period 1/4 30/6/2014 Statement of total revenue Group Company (amounts in th. of ) Sales (non-live assets) 26,351 20,940 26,075 21,585 Sales (live assets) 1,255 2,164 1,255 1,302 Total sales 27,605 23,103 27,329 22,887 Cost of sales (13,206) (11,756) (12,931) (12,510) Gross profit (of non-live assets) 13,144 9,184 13,144 9,075 Effect of including live assets at fair value Development costs for live assets (1,850) (2,585) (1,850) (1,683) Gross result from operations 12,939 9,317 12,939 9,248 Administrative expenses (1,444) (1,412) (1,270) (1,331) Selling expenses (8,544) (7,992) (8,177) (7,643) Other income / expenses 1,003 (84) 504 (65) Earnings before interest, taxes, depreciation, and amortization and restructuring expenses 5,198 1,012 4,983 1,175 Investment results / Value impairments Financial income / expenses (1,919) (1,962) (1,627) (1,723) Profits / (Losses) before tax 2,036 (2,132) 2,368 (1,513) Taxes 887 (906) 861 (841) Profits / (Losses) after tax 2,923 (3,039) 3,229 (2,354) Attributable to: Parent company owners 2,994 (2,977) 3,229 (2,354) Non-controlling interests (72) (62) - - Profits / (Losses) after tax per Share - basic (in ) (0.1010) (0.0798) Other comprehensive income Group Company Profits / (Losses) after tax 2,923 (3,039) 3,229 (2,354) Exchange differences on translation of foreign exploitation (108) (101) - - TOTAL COMPREHENSIVE INCOME 2,815 (3,139) 3,229 (2,354) Attributable to: Parent company owners 2,908 (3,057) 3,229 (2,354) Non-controlling interests (93) (82)

15 2.4. Concise Statement of Changes in Equity Group (amounts in th. of ) Share Capital Share premiu m Fair value reserves Reserves Results carried forward Sharehold er equity Noncontrolling interests Total equity Balance on ,382 1,753 12,044 38,303 (26,100) 38,381 (1,688) 36,693 Total comprehensive income of period (17,454) (17,454) (261) (17,715) Other comprehensive income of period (73) (73) (18) (91) Share capital increase Transfer of profits to reserve Translation differences Balance on ,382 1,753 12,044 38,230 (43,554) 20,854 (1,967) 18,887 Balance on ,382 1,753 12,044 38,692 (47,547) 17,324 (2,040) 15,284 Total comprehensive income of period ,042 1,042 (144) 897 Other comprehensive income of period (87) - (87) (22) (108) Share capital increase Impairment of assets - - (856) (5,853) 912 (5,796) - (5,796) Translation differences Balance on ,382 1,753 11,188 32,753 (45,593) 12,482 (2,206) 10,276 (amounts in th. of ) Share Capital Company Share premium Fair value reserves Reserves Results carried forward Total equity Balance on ,382 1,753 5,945 35,342 (2,204) 53,217 Total comprehensive income of period (14,056) (14,056) Other comprehensive income of period Share capital increase Transfer of profits to reserve Translation differences Balance on ,382 1,753 5,945 35,342 (16,260) 39,161 Balance on ,382 1,753 5,945 35,342 (17,838) 37,583 Total comprehensive income of period ,000 2,000 Other comprehensive income of period Share capital increase Impairment of assets - - (856) (5,853) 912 (5,796) Translation differences Balance on ,382 1,753 5,089 29,489 (14,925) 33,787 14

16 2.5. Concise statement of Cash Flows - Indirect method Group Company Operating activities Profits before tax (going concern) 256 (18,960) 1,457 (15,692) Profits before tax (discontinued activities) Plus / (minus) adjustments for: Depreciations 2,478 2,491 1,962 1,927 impairment of assets - 14,917-13,439 Forecasts Translation differences 414 (54) 414 (54) Results (incomes, expenses, profits and losses) of investments 10 (20) 56 (456) Interest and related expenses 4,266 4,143 4,082 4,038 Plus / (minus) adjustments for changes in working capital or related to operating activities: Decrease (increase) of inventories (1,676) (778) (1,750) (571) Decrease / (increase) of receivables (9,082) 12,670 (9,665) 13,880 (Decrease) / increase of liabilities (excluding banks) 3,015 (12,359) 3,766 (13,321) Minus: Debit Interest and related expenses paid (3,575) (3,877) (3,572) (3,811) Income tax paid - (163) - (82) Operating cash flows from discontinued activities Total inflows /(outflows) from operating activities (a) (3,591) (1,576) (2,950) (289) Investments Acquisition of subsidiaries, associates, joint ventures, and other investments - (89) - (139) Cash advances and loans to third parties - (594) (832) (1,912) Proceeds from the sale of subsidiaries, associates, joint ventures and other investments 18 (175) Purchase of tangible and intangible fixed assets (7,106) (421) (7,090) (382) Proceeds from sales of tangible and intangible fixed assets 7, , Interest received Dividends received Proceeds from grants to fixed assets Investment cash flows from discontinued operations Total inflows /(outflows) from investments (b) 20 (1,223) (1,000) (2,305) Financial activities Proceeds from increase in share capital Payments for share capital reduction Collections from loans 6,446 3,526 6,446 3,000 Ταμιακές προκαταβολές και δάνεια από τρίτους Loan repayments (3,542) (1,663) (3,204) (1,041) Repayments from leases (amortization) - (243) - (243) Dividends paid Financial cash flows from discontinued activities Total inflows /(outflows) from financing activities (c) 2,904 1,621 3,242 1,716 Net increase /(decrease) in cash available and cash equivalents of periods (a) + (b) + (c) (667) (1,178) (708) (879) Cash and cash equivalents at beginning of period 2,532 4,261 2,404 3,664 Effect of exchange rates on cash and cash equivalents Cash and cash equivalents at end of period 1,866 3,084 1,696 2,785 15

17 3. SELECTED NOTES ON THE INTERIM FINANCIAL STATEMENTS 3.1. Basis for preparing the interim financial statements The interim concise financial statements of the period have been prepared in accordance with International Accounting Standards 34 Interim financial Reporting. They do not include all the information required for the annual financial statements in accordance with the International Financial Reporting Standards and they should be reviewed along with the annual financial statements of the Group and the Company with regards to the period that ended on December 31, Accounting principles New standards, interpretations, revisions and amendments to existing Standards that have come into force and have been adopted by the EU The following amendments to and Interpretations of the IFRS have been issued by the International Accounting Standards Board (IASB) have been adopted by the European Union and the application thereof is compulsory from 01/01/2014 or later. IFRS 10 Consolidated Financial Statements, IFRS 11 "Joint Arrangements", IFRS 12 Disclosures of Interests in Other' Entities", IAS 27 "Separate Financial Statements" and IAS 28 Investments in Associates and Joint-Ventures (applied for the annual periods starting on or after ). In May 2011, IASB issued three new Standards, and specifically IFRS 10, IFRS 11 and IFRS 12. IFRS 10 Consolidated Financial Standards presents a consolidation model that appoints control as the basis for the consolidation of all types of entities. IFRS 10 replaces IFS 27 "Consolidated and Separate financial statements and Interpretation 12 Consolidation - Special Purpose Entities. IFRS 11 Joint Arrangements sets the principles with regard to the financial information of the members participating in joint arrangement. IFRS 11 replaces IAS 31 Interests in Joint Ventures" and IFRIC 13 "Jointly Controlled Entities Non-Monetary Contributions by Venturers. IFRS 12 Disclosures of Interests in other Entities" unites, enriches and replaces the disclosure requirements for subsidiaries, jointly controlled entities, associate entities and nonconsolidated entities. Following the new Standards, IASB also issued the amended IAS 27 titled IAS 27 Separate Financial Statements and amendment IAS 28, titled IAS 28 Investments in Associates. The standards do not affect the consolidated Financial Statements. Transition Guidelines: Consolidated Financial Statements, Joint Arrangements, Disclosures of Interests in other Entities (Amendments to IFRS 10, IFRS 11, and IFRS 12) (applies to annual periods starting on or after ) In June 2012, IASB proceeded to this issuing, which provides clarifications with regard to the transitional clauses of IFRS 10. The amendments provide additional clarifications during transition to IFRS 10, IFRS 11, and IFRS 12, by reducing requirements for the provision of adjusted comparative information only to the previous period of comparison. In addition, with regard to the disclosures for non-consolidated entities, the amendments remove the requirement for presenting comparative information. These amendments do not affect the consolidated Financial Statements. Investment Entities (Amendments to IFRS 10, IFRS 12, and IFRS 27) (applies to annual periods starting on or after 01/01/14) In October 2012, IASB issued amendments to IFRS 10, IFRS 12 and IAS 27. These amendments apply to the Investment entities category. IASB uses the term Investment Entities" to refer to those active solely in investing capitals for the return from the capital goodwill, for revenue for investments, or for both. Investment entities must evaluate the return of their investments based on fair value. This category may also include private investment funds companies, organisations handling investment funds, private pension funds, state investment funds and other investment funds. In exception to the requirements of IFRS 10 concerning consolidation, it is defined that investment entities shall measure specific subsidiaries at fair value through results and shall not consolidate them, by providing the necessary disclosures. These amendments do not affect the consolidated Financial Statements. Amendments to IAS 32 Financial instruments: Presentation - Offsetting financial assets and financial liabilities (applies to annual periods starting on or after 01/01/2014) In December 2011, IASB proceeded to the issuing of amendments to IAS 32 Financial Means: Presentation" in order to provide clarifications with regard to the requirements of the Standard about offsetting instances of the assets and of the liabilities in the Statement of Financial Position. These amendments do not affect the consolidated Financial Statements. Amendment to IAS 36 - Impairment of Assets" - Recoverable Amount Disclosures for Non-Financial Assets (applies on the annual periods starting on or after 01/01/2014) 16

18 In May 2013, the IASB issued a limited-scope amendment for IAS 36 Impairment of Assets. This amendment specifies the disclosures required with regard to the recoverable amount of an impaired asset, if this amount is based on fail value minus cost of sales. This amendment does not affect the consolidated financial statements. Amendments to IAS 39 Financial instruments: Recognition and Measurement - Substitution of derivatives and suspension of hedge accounting (applies to periods starting on or after 01/01/2014) In June 2013, the IASB proceeded to the issuing of limited-scope amendment to IAS 39 Financial Means: Recognition and Measurement. The purpose of the suggested amendments is the introduction of a limited-scope exception, with regard to the suspension of hedge accounting, as per the principles of IAS 39. Specifically, if certain conditions are met, an exception is suggested when the counterparty of a derivative specified as a hedging means is substituted by one principle counterparty, as a result of changes in laws or regulations. A relevant exception shall be included in IFRS 9 Financial Instruments. These amendments do not affect the consolidated Financial Statements. IFRIC 21 Levies (this applies to annual periods starting on or after 01/0/14) In May 2013, the IASB issued IFRIC 21. This Interpretation clarifies when a company must recognize the obligation to pay a levy imposed by the state in its Financial Statements. IFRIC 21 is an interpretation of IAS 37 Provisions, Contingent Liabilities and Contingent Assets. IAS 37 sets the criteria for recognizing an obligation, one of which is the current commitment resulting from a past event, known as a binding event. The interpretation states that the binding event creating the obligation for the payment of the levy is the action described in the relevant law, which results to the payment of the contribution. These amendments do not affect the consolidated Financial Statements New Standards and Interpretations issued and compulsory from periods starting on or after January 1, 2014, but have not been adopted by the European Union and were not applied earlier by the Group and the Company Annual Standard Improvements, Cycle (for annual periods starting on or after 01/07/2014) IASB proceeded in December 2013 to the issuing of Annual Improvements to the International Financial Reporting Standards, cycle, which consists of a series of adjustments to 8 Standards and is a part of the programme for the annual improvements to Standards. These amendments reflect the issues discussed by the IASB during the cycle of the project that started in 2010 and had been included in the report draft of the suggested amendments to the IFRS, Annual Improvements to IFRS, Cycle (published in May, 2012). The amendments apply to annual periods starting on or after July 1, 2014, but financial entities are entitled to apply them earlier. The issues included in this cycle are the following: IFRS 2: Definition of vesting conditions, IFRS 3: Accounting for contingent consideration in a business combination IFRS 8: Aggregation of operating segments, IFRS 8: Reconciliation of the total of the reportable segments assets to the entity s assets, IFRS 13: Short-term receivables and payables, IAS 7: Capitalised paid interest, IAS 16/IAS 38: Revaluation method proportionate restatement of accumulated amortization, and IAS 24: Key Management Personnel. The Group shall examine the impact of the above on the consolidated Financial Statements. The above have not been adopted by the European Union. Annual Standard Improvements, Cycle (for annual periods starting on or after 01/07/2014) IASB proceeded in December 2013 to the issuing of Annual Improvements to the International Financial Reporting Standards, cycle, which consists of a series of adjustments to 4 Standards and is a part of the programme for the annual improvements to Standards. These amendments reflect the issues discussed by the IASB during the cycle of the project that started in 2011 and had been included in the report draft of the suggested amendments to the IFRS, Annual Improvements to IFRS, Cycle (published in November, 2012). The amendments apply to annual periods starting on or after July 1, 2014, but financial entities are entitled to apply them earlier. The issues included in this cycle are the following: IFRS 1: Meaning of effective IFRSs, IFRS 3: Scope exceptions for joint ventures, IFRS 13: Scope of paragraph 52 (portfolio exception), and IAS 40: Clarifying the interrelationship of IFRS 3 Business Combinations and IAS 40 Investment Property when classifying property s investment property or owner-occupied property. The Group shall examine the impact of the above on the consolidated Financial Statements. The above have not been adopted by the European Union. Plan of defined benefits: Employee contributions (for annual periods starting on or after 01/07/2014) In November 2013, the IASB proceeded to the issuing of limited-scope amendment to IAS 19 Employee Benefits under the title "Defined Benefit Plans: Employee Contributions (Amendments to IAS 19). This amendment applies to employee or third party contributions with regard to defined benefit plans. The purpose of this amendment is to reduce the accounting handling of contributions that are independent from the employees years of service, such as the contributions calculated as a fixed rate over the payroll. The Group shall examine the impact of the above on the consolidated Financial Statements. The above have not been adopted by the European Union. 17

19 3.3. Estimates The preparation of the interim financial statements in accordance with the International Financial Reporting Standards (IFRS) requires from management the formulation of opinions, evaluations and assumptions that affect the published assets and liabilities on the date the interim financial statements are prepared. The actual results may be different from those anticipated. The assessments and opinions are based on past experience and other factors, including expectations for future events that are considered logical under the conditions at hand, while they are constantly re-evaluated by using all available information. The opinions, evaluations and assumptions applied to the interim financial statements are similar to those applied to the annual financial statements for 2013 reporting period Significant events during the reporting period Commercial activities During the 1 st six-month period of 2014, the company was strategically focused on the "EN ELLADI" brand, the only deli meat product line with olive oil in the world. The basic support spearheads selected were the innovation, led by the premium range of EN ELLADI Gourmet and advertising. In this way, the EN ELLADI" brand, during the 1st six-month period of the year grew at a rate of +21% in terms of value inside a stagnant market (IRI June, 2014). This strategy helped to significantly improve profitability in the 1st six-month period of 2014 and bolster the first place in the super markets, reaching a share of 24.3% in value (IRI YTD June, 2014). The international activities of the Group were focused on redefining the strategy, which is governed by the gradual development of the commercial activity, while also limiting investments. In June, the innovative product range of the affiliate was relaunched, under the new, for the first time presented in Europe, brand name of Oliving. In Germany, the Group proceeded to deals with large local distributors and chains for the gradual placement of the Oliving" products in the German shelves, starting placements on Decisions issued by the Ordinary Shareholder General Assembly On May 30, 2014, the annual ordinary shareholder general assembly took place. In summary: The Annual Consolidated and Separate Financial Statements were approved. The option not to pay any dividend from the results of 2013 fiscal period was approved. The discharge of the members of the Board of Directors and of the Certified Auditor - Accountant from all liabilities for the operations during the 2013 fiscal year was approved. The election of an auditing firm was approved in order to conduct the ordinary audit of the annual financial statements for the period of 2014 and audit the company s tax compliance for the period of The fees of the Board members for the fiscal year of 2013 were approved and the fees of the members of the Board for the fiscal year of 2014 were preapproved. The provision of permission was approved for the signing of agreements between the company and related entities. The permission to the members of the Company's Board of Directors and to its Managers to participate in Board of Directors or in the management of companies belonging to the Company Group was approved. The transactions of the company with the related entities were approved. A program for acquiring equity shares was approved, as per article 16 of cod. law 2190/1920. A Stock Option scheme was established for allocating shares to company executives and to the executive members of its Board of Directors was approved, along with its core terms Fire at the facilities in Rethymnon On March 14, 2014, fire broke out at the stock warehouses located at the facilities of Rethymnon. Through the successful application of the system of emergencies and by following the safety procedures, no member of the company personnel faced any danger. The fire did not affect the production factor or the pig herding units. In the time passing 30/6/2014, the company received an advance of the indemnity, amounting to 2.0 MM, as facilitation in order to cover part of the losses. During August 2014, following the conclusion of the expert examination procedure, the settlement procedure was finalized for the insurance indemnity. The total indemnity amount reached 9.15 MM and refers to the replenishment of destroyed stock, the restoration of storage areas and an indemnity for the loss of gross profits suffered by the company due to the above fire. The indemnity was paid by the co-insurance group comprised by companies Groupama Phoenoix Insurance SA, Ethniki General Insurances SA, Evropi Insurance SA, Generali Hellas Insurance SA and Agrotiki Asfalistiki SA" in proportion to the participation rate of each co-insuring company Disinvestment of "Creta Farms Nordic AB" During the current period, and within the context of the wider changes in the strategy for international development of the company, the parent company proceeded to the complete disinvestment from the partnership / joint venture titled "Creta 18

20 Farms Nordic AB" with Swedish Parsons Sverige AB, an action that was implemented by transferring for a token consideration the share of the Greek company to the Swedish one Issuance of Tax Certificate for 2013 period During the reporting period, and following the special tax audit for 2013 period conducted by the lawful auditors, as per article 82, par. 5 of law 2238/1994, both in the parent company and in its affiliate domestic companies, the respective tax certificates were issued with unqualified opinion Operating segments Segments, distinction criteria and revenue sources The operating segments, the formation criteria thereof and the basic products are presented below. Segments, distinction criteria Segment title Pig rearing Segment title Prepared meat products industry Production of live animals for sale Distinction criteria Distinction criteria Production of products or further processing Basic products Meat / Live animals Basic products Prepared meat products Revenue per segment Revenue from external customers in the period, by major product or service is listed in the table below. Presentation is made based on the method they are valued in the financial statements and it is the same as when these are valued for the sectors. Revenue from external clients No. Product Group Company 1 Prepared meat products 44,855 44,433 2 Pig rearing 3,527 3,408 Total 48,382 47, Revenue per territory or country Group sales per territory are presented below: Turnover per territory or country Territory or country 1/1-30/6/2014 1/1-30/6/2013 Greece 47,191 42,215 Cyprus Spain Total 48,382 43, Assets per territory The Group's assets per territory and basic category are listed below. Assets per territory Greece Cyprus Spain U.S.A. Total Tangible assets 88, ,549 Live assets 3, ,701 Inventories 7, ,108 Clients and other trade receivables 12, ,502 Other receivables 20, , Customers participating >10% in total income Three Group customers participate at a rate exceeding 10% of the consolidated turnover, representing 45% thereof Agreements of figures per segment Information per segment and their agreement to the financial statements are presented here. The information provided are the information noted in the management information of the issuing company on periodical basis. Results per operating segment Prepared meat products industry Pig rearing Total 30/6/ /6/ /6/ /6/ /6/ /6/2013 Sales 44,855 37,507 3,527 5,999 48,382 43,507 Cost of sales (24,242) (20,957) (3,186) (5,932) (27,429) (26,889) Gross profit 20,613 16, ,954 16,618 19

21 Administrative expenses (2,574) (2,849) (106) (150) (2,680) (2,998) Distribution expenses (13,805) (12,994) (394) (353) (14,199) (13,346) Other income /expenses (760) 444 (193) EBIT 4,652 1,274 (134) (1,194) 4, Tangible assets Changes in the tangible assets of the Group and Company during the period are listed below. Cost of ownership Land properties Group Buildings Machines Transportatio n means Furniture and other equipment Projects under way Balance on December 31, ,725 67,819 50,591 3,292 7,895 8, ,981 Additions Adjustment - (867) (479) (1,346) Translation differences - (5) (7) - (6) - (18) Write off of Frantoio Gentileschi SpA (7) - (7) Reductions - - (35) (8) (4) (27) (74) Balance on December 31, ,725 66,991 50,760 3,336 7,943 8, ,377 Additions 2,165 4, ,031 Adjustment (3,458) (4,117) (5,452) (69) (127) - (13,223) Translation differences Reductions (4,048) (4,781) (244) (335) (3) (0) (9,411) Balance on June 30, ,384 62,560 45,145 3,002 7,892 8, ,778 Depreciations Land properties Buildings Machines Transportatio n means Furniture and other equipment Projects under way Balance on December 31, ,281 32,877 2,893 7,056-57,107 Additions - 1,202 2, ,949 Adjustment - (197) (197) Translation differences - (1) (2) - (4) - (7) Write off of Frantoio Gentileschi SpA (1) - (1) Reductions - - (15) (8) (1) - (23) Balance on December 31, ,285 35,353 2,967 7,223-60,827 Additions , ,992 Adjustment 60 (4,161) (68) (120) - (4,289) Translation differences Reductions - (1,772) (209) (321) (2) - (2,303) Balance on June 30, ,189 32,228 2,617 7,194-56,229 TOTAL TOTAL Residual value on December 31, ,725 53,538 17, , ,874 Residual value on December 31, ,725 51,706 15, ,622 99,550 Residual value on June 30, ,384 48,371 12, ,796 88,549 Cost of ownership Land properties Company Buildings Machines Transportatio n means Furniture and other equipment Projects under way Balance on December 31, ,763 44,394 45,885 2,870 7,400 8, ,487 Additions Reductions (11) (8) (3) (23) (45) Balance on December 31, ,763 44,403 46,085 2,914 7,458 8, ,245 Additions 2,165 4, ,014 Adjustment / Impairments (3,458) (4,117) (5,452) (69) (127) (13,223) Reductions (4,048) (4,585) (217) (267) (0) (9,117) Balance on June 30, ,422 40,155 40,490 2,647 7,408 8, ,919 Depreciations Land properties Buildings Machines Transportatio n means Furniture and other equipment Projects under way Balance on December 31, ,234 29,765 2,529 6,655-46,183 Additions 628 2, ,072 Reductions (5) (8) (13) Balance on December 31, ,862 31,977 2,592 6,810-49,241 Additions 335 1, ,563 Adjustment / Impairments 60 (4,161) (68) (120) (4,289) Reductions (1,763) (194) (259) (2,216) Balance on June 30, ,494 28,737 2,300 6,768-44,299 TOTAL TOTAL 20

22 Residual value on December 31, ,763 37,160 16, ,174 82,305 Residual value on December 31, ,763 36,541 14, ,622 80,004 Residual value on June 30, ,422 33,661 11, ,796 69, Intangible assets Change in intangible assets is listed below. Cost of ownership Group Development expenses Industrial property rights Software Balance on December 31, , ,357 13,888 Additions Adjustment (4,332) - - (4,332) Translation differences (98) - - (98) Write off of Frantoio Gentileschi SpA (1) (14) (15) Reductions (10) (12) - (23) Balance on December 31, ,225 1,020 5,347 9,592 Additions Translation differences Reductions - (1) - (1) Balance on June 30, ,246 1,089 5,352 9,687 Depreciations Development expenses Industrial property rights Software Balance on December 31, , ,332 4,534 Additions ,085 Adjustment (2,123) - - (2,123) Translation differences (15) - - (15) Write off of Frantoio Gentileschi SpA - (0) (3) (4) Reductions - (0) - (0) Balance on December 31, ,655 3,476 Additions Adjustment (154) - - (154) Translation differences Balance on June 30, ,807 3,820 TOTAL TOTAL Residual value on December 31, , ,025 9,354 Residual value on December 31, , ,692 6,115 Residual value on June 30, , ,545 5,867 Cost of ownership Company Development expenses Industrial property rights Software Balance on December 31, , ,343 11,620 Additions Adjustment (4,332) (4,332) Reductions (12) (12) Balance on December 31, ,078 1,020 5,347 7,446 Additions Reductions (1) (1) Balance on June 30, ,079 1,089 5,352 7,520 Depreciations Development expenses Industrial property rights Software Balance on December 31, , ,328 4,419 Additions Adjustment (2,123) (2,123) Reductions (0) (0) Balance on December 31, ,655 3,096 Additions Adjustment / Impairments (154) (154) Balance on June 30, ,807 3,341 TOTAL TOTAL Residual value on December 31, , ,015 7,201 Residual value on December 31, ,692 4,350 Residual value on June 30, ,545 4,180 21

23 3.8. Earnings per share Profits / (losses) per share were calculated on the basis of the profits / (losses) after taxes and minority rights, over the weighted average of the number of available parent company common shares. These calculations are listed below. Parameters for calculating the numerator of the fraction used to calculate earnings per share (in ) No. Description A. Numerators of basic earnings per share Minus : Minus : Minus : 1/1-30/6/2014 1/1-30/6/2013 Group Company Group Company Profits after taxes for continued operations 1,041,626 2,000,112 (17,453,982) (14,055,702) Dividends for preferred shares for this fiscal period Losses from acquisitions of preferred shares Losses from premature conversion of preferred shares to common shares Basic common share profits 1,041,626 2,000,112 (17,453,982) (14,055,702) B. Numerators of diluted basic earnings per share Basic common share profits 1,041,626 2,000,112 (17,453,982) (14,055,702) Plus: Adjustment of securities convertible to common shares Diluted common share earnings 1,041,626 2,000,112 (17,453,982) (14,055,702) Parameters for calculating the denominators of the fraction used to calculate earnings per share Description Denominator of basic earnings per share Number of Common Shares on commencement of fiscal period Increases 1/1-30/6/2014 1/1-30/6/2013 Weighted value Amount of shares Days Amount of shares Days Present fiscal period Previous fiscal period 29,480, ,480, ,480,000 29,480,000 Cash increase Total Average of Weighted Common Shares 29,480,000 29,480,000 29,480,000 29,480,000 Numerator of diluted earnings per share Average Weighted Common Shares 29,480,000 29,480,000 29,480,000 29,480,000 Debentures convertible to common shares Other securities convertible to common shares Total Average of Weighted Common Shares 29,480,000-29,480,000-29,480,000 29,480,000 Basic earnings per share (in ) 1/1-30/6/2014 1/1-30/6/2013 No. Description Group Company Group Company A Basic earnings per share Basic common share profits 1,041,626 2,000,112 (17,453,982) (14,055,702) Average Weighted Common Shares 29,480,000 29,480,000 29,480,000 29,480,000 Basic earnings per share (0.5921) (0.4768) B. Diluted earnings per share Diluted common share earnings 1,041,626 2,000,112 (17,453,982) (14,055,702) Total Average of Weighted Common Shares 29,480,000 29,480,000 29,480,000 29,480,000 Diluted earnings per share (0.5921) (0.4768) 3.9. Seasonal nature of business activities and changes Live assets With regards to live assets at Group and parent company level, the relevant information is listed below. Amounts in th. of Group Company 1/1-30/6/2014 1/1-30/6/2013 1/1-30/6/2014 1/1-30/6/2013 Fair value at the beginning of fiscal period 2,706 3,810 2,705 2,361 Period acquisitions Period sales (154) (203) (154) (0) Transportation to slaughterhouse during the fiscal period (2,438) (7,333) (2,438) (2,904) Fair value at the end of fiscal period 3,701 3,957 3,701 2,914 Profits (losses) after measuring at fair value minus the cost of live assets - evaluated at the point of sale 3,197 7,633 3,197 3,257 22

24 Integrated into: Turnover 2,201 4,669 2,201 2,704 Profits (losses) due to change of fair value of remaining live assets Integrated into: Profits (losses) due to change of fair value of remaining live assets Rearing cost for live assets remaining at the end of the fiscal period (3,501) (5,214) (3,501) (3,308) Results of fiscal period for the remaining live assets (2,505) (5,066) (2,505) (2,755) Live animals immature for slaughter (pcs) 14,471 11,827 14,471 11,735 Live animals mature for slaughter (pcs) 16,461 20,299 16,454 12,830 Total live assets (pcs) 30,932 32,126 30,925 24, Inventories Balances of inventories on are presented below. Group Company Inventories 30/6/ /12/ /6/ /12/2013 Commodities Products ready and semi-ready 4,051 3,559 3,788 3,297 By-products and Residues Raw and auxiliary materials, packaging materials 2,897 2,674 2,882 2,613 Consumables Spare parts Packaging ware ,108 7,427 7,646 6,891 The expense for inventories that was recognised in the period results amounts to 21,745 th. for the company and 22,239 th. for the Group. The damage to stock caused by the fire in March 2014 reached 3.0 MM Customers and other trade receivables Group Company Customers and other commercial receivables 30/6/ /12/ /6/ /12/2013 Trade receivables 12,854 11,074 13,231 10,729 Receivables from related parties ,322 3,894 Cheques receivables 642 1, ,046 Notes receivable ,502 12,152 17,185 15,672 Group Company Other receivables 30/6/ /12/ /6/ /12/2013 Advances and transitional accounts 10,396 2,328 13,266 4,853 Receivables from related parties 9,237 9,350 26,336 26,005 Sundry debtors Receivables from taxes and fees Fixed-term deposit accounts Personnel receivables ,710 12,969 40,027 31,515 The change in asset receivable accounts is due to the following: Increase of trade receivables for the company due to increase in turnover. Receivables from related parties refer to commercial transactions and investments realized with domestic and foreign companies, and the conventional financing of related companies. The remaining receivables include the specific expenses (advertisement and promotional activities) that are expected to be associated with respective revenue in a future period. They also include advances paid to creditors or suppliers for agreements to purchase goods and receive services. The account Advances and transitional accounts include a calculated receivable from insurance companies amounting to 7.15 MM referring to indemnity collected due to the fire. During the period, an additional provision for doubtful debts was formulated, amounting to 300 th. 23

25 Loans Group Company Loans 30/6/ /12/ /6/ /12/2013 Debenture loans 38,239 41,490 38,239 41,490 Long-term loans 2,019 2,008 2,019 2,008 Leasing liabilities 6,442 2,986 6,442 2,986 Short-term loans 58,628 55,468 52,274 48, , ,952 98,975 95, Suppliers and relevant liabilities The analysis of this account in the statement of financial position consists of the following in summary: Group Company Suppliers and relevant liabilities 30/6/ /12/ /6/ /12/2013 Trade liabilities 11,160 11,077 9,678 9,544 Εμπορικές υποχρεώσεις προς συνδεδεμένα μέρη - - 2,604 2,279 Cheques payable 9,024 7,942 8,966 7,721 Client and debtors advances ,489 19,318 21,536 19,833 The increase of the trade payables is due to the fact that indirect liquidity was drawn from the suppliers in order to deal with the loss and replenish the stock destroyed by the fire in the storage areas of the facility in Rethymnon. 24

26 Operating income / expenses The following table presents an analysis of the turnover for the Company and Group: Total sales 1/1-30/6/2014 Group 1/1-30/6/2013 1/1-30/6/2014 Company 1/1-30/6/2013 Sales of goods 1,736 1, Sales of products 45,878 40,405 46,627 40,807 Sales of miscellaneous inventories 562 1, ,617 Provision of services ,382 43,507 47,841 43,107 Operating expenses 1/1-30/6/2014 Group 1/1-30/6/2013 1/1-30/6/2014 Company 1/1-30/6/2013 Personnel fees and expenses 7,663 7,535 7,492 7,089 Third party fees and expenses 1,412 1,338 1,128 1,066 Third party benefits 2,303 2,216 2,242 2,089 Taxes - Fees Miscellaneous expenses 11,167 9,603 11,084 9,238 Financial expenses 4,272 4,142 4,082 4,038 Depreciations 2,479 2,491 1,962 1,927 Operating provisions ,848 28,003 28,532 26,107 Other income / expenses 1/1-30/6/2014 Group 1/1-30/6/2013 1/1-30/6/2014 Company 1/1-30/6/2013 Income from third-party services Other sales Grants / Subsidies Rent Tax fines & surcharges (213) (135) (213) (134) Currency exchange differences (414) 54 (414) 54 Other extraordinary and intangible income / expenses 1,305 (29) 798 (50) Losses of doubtful collections (66) - (66) - Losses after the destruction of unsuitable stock (290) (168) (290) (159) Profits / losses after selling tangible assets (193) (56) (183) During the settlement of the insurance indemnity, and following the completion of audit by the experts of the insurance companies, an amount of 2.5 MM came up, which referred to a loss of gross profits and included indemnity due to reduction of the turnover and increase of the operating cost. This amount has been registered as sales income in order to reflect the non-loss of the turnover of the company due to the fire Cash flows The total cash flows of the company and Group are listed below: Group Company Cash flows 30/6/ /12/ /6/ /12/2013 Operating cash flows (3,591) (1,576) (2,950) (289) Investment cash flows 20 (1,223) (1,000) (2,305) Financing cash flows 2,904 1,621 3,242 1,716 (667) (1,178) (708) (879) Dividends It was decided to refrain from paying any dividend from the results of

27 3.11. Group Structure The Group structure, as on June 30, 2014, is listed below: Group Structure No Name. Registered Offices Participation % Get Involved Relation with parent company 1 CRETA FARM CISA Greece 100% - Parent - Consolidation method 2 TETO-FARMA SA Greece 95% Direct Subsidiary Full consolidation 3 FARMA THESSALIAS SA Greece 98% Direct Subsidiary Full consolidation 4 Creta Farm Cyprus LTD Cyprus 100% Direct Subsidiary Full consolidation 5 Creta Farm Espana SL Spain 50% Direct Joint Venture Proportionate consolidation 6 Creta Foods SA Luxembourg 100% Direct Subsidiary Full consolidation 7 Creta Farms LTD Cyprus 80% Indirect Subsidiary Full consolidation 8 Creta Farms USA, LLC U.S. 80% Direct Subsidiary Full consolidation Forecasts Formed provisions The total provisions formulated by the Company and Group are listed below. Forecasts Group Company Unaudited fiscal periods Provision for personnel terminating the service Unaudited fiscal periods The unaudited fiscal periods for the parent and Group companies are presented below: Pending tax audits No Formulated Group company Date of last audit. provisions 1 CRETA FARM C.I.S.A. 31/12/2008 (199) 2 TETO-FARMA SA 31/12/ FARMA THESSALIAS S.A. 31/12/ Creta Farm (Cyprus) LTD Creta Farms USA, LLC 31/12/ Creta Farms España, S.L Creta Foods SA Creta Farms LTD - - With regard to 2013, 2012 and 2011 periods, the company and the Group s domestic companies, have been subjected to the tax audit by the Certified Auditors - Accountants provided for by the clauses of article 82, par. 5, Law 2238/1994. The audit for these periods was completed and the relevant tax certificate was issued with unqualified opinion Related parties disclosures Benefits to key management personnel Benefits to key management personnel, as defined by IAS 24, amounted to 570 th. vs. 547 th. in the respective period of (199) 26

28 Transactions of related parties affecting total revenue During the fiscal period, there were transactions with related parties that affected results. Information about these transactions, per category of transaction and category of related party, is provided below. Transactions with related parties affecting results Company (Separate Statements) In the results of the issuer Distribution to related parties Transactions from the part of the issuing company Expense, cost, or loss Income or profit Subsidiaries Key management personnel Purchases of goods (48) (48) Sales of goods Provision of services - - Interest and relevant expenses coming from loans and financing granted to related entities Other expenses, costs, or losses, of the issuing party from transactions with related parties Total transactions with related parties affecting results of the issuing company (570) (570) (618) 1,169 1,121 (570) Transactions with related parties affecting results Group (Consolidated statements) In consolidated results Distribution to related parties Transactions from the part of the issuing company Expense, cost, or loss Income or profit Subsidiaries that are not consolidated Purchases of goods - - Sales of goods - - Provision of services - - Interest and relevant expenses coming from loans and financing granted to related entities - - Key management personnel Other expenses, costs, or losses, of the issuing party from transactions with related parties Total transactions with related parties affecting results of the issuing company (570) (570) (570) - - (570) Transactions with related parties that affect assets, liabilities or equity The balances of receivables and liabilities in the statement of financial position from related parties, per category of related party, are listed below. Transactions with related parties affecting receivables, liabilities or equity Company (Separate Statements) In the books of the issuer Attribution to related entities Transactions from the part of the issuing company Receivable Liability Subsidiaries Joint Ventures Other related parties Receivables, liabilities and accounts of equity Loans and financing granted by the issuer 10,529 10,529 Other transactions with related parties creating a receivable for the issuer 19,020 9, ,120 Other transactions with related parties creating a liability for the issuer (2,807) (2,596) (7) (204) Total 29,550 (2,807) 17, ,916 Transactions with related parties affecting receivables, liabilities or equity Group (Consolidated statements) In the consolidated statements Attribution to related entities Transactions from the part of the issuing company Receivable Liability Subsidiaries Joint Ventures Other related parties Receivables, liabilities and accounts of equity Other transactions with related parties creating a receivable for the issuer 9,120 9,120 Other transactions with related parties creating a liability for the issuer (204) - - (204) Total 9,120 (204) - - 8,916 27

29 3.14. Events after the reporting date During August 2014, the insurance indemnity with regard to the fire caused in the 1 st quarter of 2014 was settled. Part of the indemnity collected was used to repay loans (approx. 2.5 MM). Furthermore, all syndicated banks approved, following the statement of intention by Management (March 2013), the absorption by the parent company of its affiliate companies TETOFARMA SA and FARMA THESSALIAS SA. The transformation procedures are expected to begin within the 2 nd six-month period of It is noted that part of the Group regarding the affiliate FARMA THESSALIAS SA, from July 1, 2014, is classified as a discontinued activity, based on the criteria and clauses of IFRS 5 "Non-current assets held for sale and discontinued operations. The impact on the financial condition of the Group shall be noted in the financial statements of September 30,

30 Ε. Details and information for the period between ΚΡΕΤΑ ΦΑΡΜ ΑΝΩΝΥΜΟΣ ΒΙΟΜΗΧΑΝΙΚΗ ΚΑΙ ΕΜΠΟΡΙΚΗ ΕΤΑΙΡΕΙΑ ΑΡ. ΜΗΤΡΩΟΥ Α.Ε /06/Β/86/38 ΑΡ. Γ.Ε.ΜΗ ο χιλ. Ε.Ο. Ρεθύμνου - Ηρακλείου, Δήμος Ρεθύμνης Νομού Ρεθύμνης, Θέση Λατζιμάς ΣΤΟΙΧΕΙΑ ΚΑΙ ΠΛΗΡΟΦΟΡΙΕΣ ΠΕΡΙΟΔΟΥ από 1 Ιανουαρίου 2014 έως 30 Ιουνίου 2014 Σύμφωνα με την Απόφαση 4/507/ του Διοικητικού Συμβουλίου της Επιτροπής Κεφαλαιαγοράς Τα παρακάτω στοιχεία και πληροφορίες, που προκύπτουν από τις οικονομικές καταστάσεις, στοχεύουν σε μία γενική ενημέρωση για την οικονομική κατάσταση και τα αποτελέσματα της ΚΡΕΤΑ ΦΑΡΜ Α.Β.Ε.Ε. Συνιστούμε επομένως στον αναγνώστη, πριν προβεί σε οποιαδήποτε είδους επενδυτική επιλογή ή άλλη συναλλαγή με τον εκδότη, να ανατρέξει στη διεύθυνση διαδικτύου του εκδότη, όπου αναρτώνται οι οικονομικές καταστάσεις καθώς και η έκθεση επισκόπησης του νόμιμου ελεγκτή όποτε αυτή απαιτείται. Διεύθυνση διαδικτύου: Ημερομηνία έγκρισης από το Διοικητικό Συμβούλιο των οικονομικών καταστάσεων: Νόμιμος Ελεγκτής : Ελεγκτική Εταιρεία : Τύπος έκθεσης ελέγχου ελεγκτών: Παρασκευή, 22 Αυγούστου 2014 Ντζανάτος Δημήτρης (ΑΜ ΣΟΕΛ 11521) Grant Thornton (AM ΣΟΕΛ 127) Γνώμη χωρίς επιφύλαξη ΣΤΟΙΧΕΙΑ ΚΑΤΑΣΤΑΣΗΣ ΟΙΚΟΝΟΜΙΚΗΣ ΘΕΣΗΣ ΣΤΟΙΧΕΙΑ ΚΑΤΑΣΤΑΣΗΣ ΣΥΝΟΛΙΚΩΝ ΕΣΟΔΩΝ (ενοποιημένα και μη ενοποιημένα) (ενοποιημένα και μη ενοποιημένα) Ποσά εκφρασμένα σε χιλιάδες Ποσά εκφρασμένα σε χιλιάδες ΟΜΙΛΟΣ ΕΤΑΙΡΕΙΑ ΟΜΙΛΟΣ ΕΤΑΙΡΕΙΑ ΕΝΕΡΓΗΤΙΚΟ Ιδιοχρησιμοποιούμενα ενσώματα πάγια στοιχεία Κύκλος εργασιών (μη βιολογικά περιουσιακά στοιχεία) Άυλα περιουσιακά στοιχεία Κύκλος εργασιών (βιολογικά περιουσιακά στοιχεία) Λοιπά μη κυκλοφορούντα περιουσιακά στοιχεία Σύνολο κύκλου εργασιών Αποθέματα Μικτό κέρδος (των μη βιολογικών στοιχείων) Απαιτήσεις από πελάτες Επίπτωση επιμέτρησης βιολογικών περιουσιακών στοιχείων στην εύλογη αξία Λοιπά κυκλοφορούντα περιουσιακά στοιχεία ΣΥΝΟΛΟ ΕΝΕΡΓΗΤΙΚΟΥ Δαπάνες ανάπτυξης βιολογικών περιουσιακών στοιχείων (3.501) (5.214) (3.501) (3.308) Μικτό αποτέλεσμα από τις δραστηριότητες ΙΔΙΑ ΚΕΦΑΛΑΙΑ ΚΑΙ ΥΠΟΧΡΕΩΣΕΙΣ Κέρδη /(ζημίες) προ φόρων, χρηματοδοτικών και επενδυτικών αποτελεσμάτων (14.838) (12.109) Μετοχικό Κεφάλαιο Λοιπά στοιχεία Ιδίων Κεφαλαίων Κέρδη /(ζημίες) προ φόρων 256 (18.960) (15.692) Σύνολο Ιδίων Κεφαλαίων ιδιοκτητών μητρικής (α) Κέρδη /(ζημίες) μετά από φόρους (Α) 897 (17.715) (14.056) Δικαιώματα Μειοψηφίας (β) (2.206) (2.040) Ιδιοκτήτες μητρικής (17.454) (14.056) Σύνολο Ιδίων Κεφαλαίων (γ) = (α) + (β) Δικαιώματα μειοψηφίας (144) (261) - - Μακροπρόθεσμες δανειακές υποχρεώσεις Προβλέψεις / Λοιπές μακροπρόθεσμες υποχρεώσεις Λοιπά συνολικά έσοδα μετά από φόρους (Β) (108) (91) - - Βραχυπρόθεσμες δανειακές υποχρεώσεις Συγκεντρωτικά συνολικά έσοδα μετά από φόρους (Α) + (Β) 789 (17.806) (14.056) Λοιπές βραχυπρόθεσμες υποχρεώσεις Ιδιοκτήτες μητρικής 955 (17.526) (14.056) Σύνολο υποχρεώσεων (δ) Δικαιώματα μειοψηφίας (166) (279) - - ΣΥΝΟΛΟ ΙΔΙΩΝ ΚΕΦΑΛΑΙΩΝ ΚΑΙ ΥΠΟΧΡΕΩΣΕΩΝ (γ) + (δ) Κέρδη μετά από φόρους ανά μετοχή - βασικά (σε ) 0,0353 (0,5921) 0,0678 (0,4768) Κέρδη /(ζημίες) προ φόρων, χρηματοδοτικών, επενδυτικών ΣΤΟΙΧΕΙΑ ΚΑΤΑΣΤΑΣΗΣ ΜΕΤΑΒΟΛΩΝ ΙΔΙΩΝ ΚΕΦΑΛΑΙΩΝ αποτελεσμάτων, αποσβέσεων και μεταβολής εκτιμήσεων (ενοποιημένα και μη ενοποιημένα) Κέρδη /(ζημίες) προ φόρων, χρηματοδοτικών, επενδυτικών αποτελεσμάτων και (12.347) (10.183) Ποσά εκφρασμένα σε χιλιάδες αποσβέσεων ΟΜΙΛΟΣ ΕΤΑΙΡΕΙΑ ΟΜΙΛΟΣ ΕΤΑΙΡΕΙΑ Σύνολο ιδίων κεφαλαίων έναρξης περιόδου ( και αντίστοιχα) Κύκλος εργασιών (μη βιολογικά περιουσιακά στοιχεία) Συγκεντρωτικά συνολικά έσοδα μετά από φόρους 789 (17.806) (14.056) Κύκλος εργασιών (βιολογικά περιουσιακά στοιχεία) Λοιπές κινήσεις ιδίων κεφαλαίων (5.796) - (5.796) - Σύνολο κύκλου εργασιών Διανεμηθέντα μερίσματα Μικτό κέρδος (των μη βιολογικών στοιχείων) Αγορές /(πωλήσεις) ιδίων μετοχών Επίπτωση επιμέτρησης βιολογικών περιουσιακών στοιχείων στην εύλογη αξία Σύνολο ιδίων κεφαλαίων λήξης περιόδου ( και αντίστοιχα) Δαπάνες ανάπτυξης βιολογικών περιουσιακών στοιχείων (1.850) (2.585) (1.850) (1.683) Μικτό αποτέλεσμα από τις δραστηριότητες ΣΤΟΙΧΕΙΑ ΚΑΤΑΣΤΑΣΗΣ ΤΑΜΙΑΚΩΝ ΡΟΩΝ Κέρδη /(ζημίες) προ φόρων, χρηματοδοτικών και επενδυτικών αποτελεσμάτων (171) (ενοποιημένα και μη ενοποιημένα) Κέρδη /(ζημίες) προ φόρων (2.132) (1.513) Ποσά εκφρασμένα σε χιλιάδες Κέρδη /(ζημίες) μετά από φόρους (Α) (3.039) (2.354) ΟΜΙΛΟΣ ΕΤΑΙΡΕΙΑ - Ιδιοκτήτες μητρικής (2.977) (2.354) Δικαιώματα μειοψηφίας (72) (62) Λοιπά συνολικά έσοδα μετά από φόρους (Β) (108) (101) - - Λειτουργικές Δραστηριότητες Συγκεντρωτικά συνολικά έσοδα μετά από φόρους (Α) + (Β) (3.139) (2.354) Κέρδη/(ζημίες) προ φόρων (συνεχιζόμενες δραστηριότητες) 256 (18.960) (15.692) - Ιδιοκτήτες μητρικής (3.057) (2.354) Κέρδη/(ζημίες) προ φόρων (διακοπείσες δραστηριότητες) Δικαιώματα μειοψηφίας (93) (82) - - Πλέον /(μείον) προσαρμογές για: Αποσβέσεις Κέρδη μετά από φόρους ανά μετοχή - βασικά (σε ) 0,0354 (0,1010) 0,0679 (0,0798) Απομειώσεις περιουσιακών στοιχείων Κέρδη /(ζημίες) προ φόρων, χρηματοδοτικών, επενδυτικών Προβλέψεις αποτελεσμάτων, αποσβέσεων και μεταβολής εκτιμήσεων Συναλλαγματικές διαφορές 414 (54) 414 (54) Κέρδη /(ζημίες) προ φόρων, χρηματοδοτικών, επενδυτικών αποτελεσμάτων και Αποτελέσματα (έσοδα, έξοδα, κέρδη, ζημιές) επενδυτικής δραστ/τητας 10 (20) 56 (456) αποσβέσεων Χρεωστικοί τόκοι και συναφή έξοδα Πλέον /(μείον) προσαρμογές για μεταβολές λογαριασμών κεφαλαίου κίνησης ή που σχετίζονται με τις λειτουργικές δραστηριότητες: ΠΡΟΣΘΕΤΑ ΣΤΟΙΧΕΙΑ ΚΑΙ ΠΛΗΡΟΦΟΡΙΕΣ Μείωση /(αύξηση) αποθεμάτων (1.676) (778) (1.750) (571) Μείωση /(αύξηση) απαιτήσεων (9.082) (9.665) (Μείωση) / αύξηση υποχρεώσεων (πλην δανειακών) (12.359) (13.321) 1. Την 14η Μαρτίου 2014 προκλήθηκε πυρκαγιά στις εγκαταστάσεις του Ρεθύμνου. Τον Αύγουστο 2014 ολοκληρώθηκε η διαδικασία διακανονισμού της ασφαλιστικής Μείον: αποζημίωσης. Το συνολικό ποσό αποζημίωσης ανήλθε σε 9,15 εκ. και αφορά σε αναπλήρωση κατεστραμμένων αποθεμάτων, αποκατάσταση αποθηκευτικών χώρων και Χρεωστικοί τόκοι και συναφή έξοδα καταβεβλημένα (3.575) (3.877) (3.572) (3.811) σε αποζημίωση της απώλειας μικτών κερδών που υπέστη η εταιρεία λόγω της άνω πυρκαγιάς. Καταβεβλημένοι φόροι - (163) - (82) 2. Κατά την τρέχουσα περίοδο και στα πλαίσια των ευρύτερων αλλαγών στην στρατηγική διεθνούς ανάπτυξης της εταιρείας, η μητρική εταιρεία προχώρησε σε κίνηση Λειτουργικές ροές από διακοπείσες δραστηριότητες πλήρους αποεπένδυσης από τον συνεταιρισμό/κοινοπραξία "Creta Farms Nordic AB" με την Σουηδική Parsons Sverige AB, πράξη που υλοποιήθηκε με την μεταβίβαση Σύνολο εισροών /(εκροών) από λειτουργικές δραστηριότητες (α) (3.591) (1.576) (2.950) (289) έναντι συμβολικού τιμήματος του μεριδίου της Ελληνικής εταιρείας προς την Σουηδική. Το γεγονός αυτό δεν επέφερε μεταβολή άνω του 25% στον κύκλο εργασιών Επενδυτικές Δραστηριότητες ή/και στα αποτελέσματα μετά από φόρους ή/και στα ίδια κεφάλαια των ιδιοκτητών της μητρικής. Απόκτηση θυγατρικών, συγγενών, κοινοπραξιών & λοιπών επενδύσεων - (89) - (139) 3. Στη σημείωση 3.11 της οικονομικής έκθεσης γνωστοποιούνται οι επωνυμίες, η χώρα της καταστατικής έδρας για κάθε μία από τις εταιρείες και τις κοινοπραξίες που Ταμιακές προκαταβολές και δάνεια προς τρίτους (0) (594) (832) (1.912) περιλαμβάνονται στις ενοποιημένες οικονομικές καταστάσεις, καθώς και το ποσοστό που κατέχει άμεσα ή έμμεσα η μητρική εταιρεία και η μέθοδος ενσωμάτωσης που Εισπράξεις από πώληση θυγατρικών, συγγενών, κοινοπραξιών και λοιπών εφαρμόστηκε για κάθε εταιρεία και κοινοπραξία. 18 (175) επενδύσεων 4. Στη σημείωση 3.12 της οικονομικής έκθεσης αναφέρονται οι ανέλεγκτες φορολογικά χρήσεις των εταιρειών του Ομίλου. Αγορά ενσώματων και άυλων παγίων στοιχείων (7.106) (421) (7.090) (382) 5. Τα ποσά των σωρευτικών προβλέψεων που έχει σχηματίσει ο Όμιλος και η Εταιρεία έχουν ως εξής: Εισπράξεις από πωλήσεις ενσώματων και άυλων παγίων στοιχείων Όμιλος Εταιρεία Τόκοι εισπραχθέντες Ανέλεγκτες φορολογικά χρήσεις Μερίσματα εισπραχθέντα Λοιπές προβλέψεις Εισπράξεις από επιχορηγήσεις παγίων Επενδυτικές ροές από διακοπείσες δραστηριότητες Ο αριθμός του απασχολούμενου προσωπικού κατά την 30/6/2014 ανήλθε σε 644 άτομα για τον Όμιλο και 637 για την εταιρεία. Κατά την 30/6/2013 ο Όμιλος Σύνολο εισροών /(εκροών) από επενδυτικές δραστηριότητες (β) 20 (1.223) (1.000) (2.305) απασχολούσε 599 άτομα και 576 η εταιρεία. Χρηματοδοτικές Δραστηριότητες 7. Οι πάσης φύσεως συναλλαγές (εισροές / εκροές) σωρευτικά από την έναρξη της οικονομικής περιόδου, καθώς και τα υπόλοιπα των απαιτήσεων και υποχρεώσεων της Εισπράξεις από αύξηση μετοχικού κεφαλαίου Εταιρείας και του Ομίλου στη λήξη της περιόδου που έχουν προκύψει από συναλλαγές τους με τα συνδεδεμένα μέρη, όπως αυτά ορίζονται στο Δ.Λ.Π. 24, με διακριτή Πληρωμές για μείωση μετοχικού κεφαλαίου παράθεση των συνολικών αμοιβών διευθυντικών στελεχών και μελών της διοίκησης, των συναλλαγών τους, καθώς και των απαιτήσεων και υποχρεώσεών τους, έχουν Εισπράξεις από εκδοθέντα / αναληφθέντα δάνεια ως εξής: Εξοφλήσεις δανείων (3.542) (1.663) (3.204) (1.041) Όμιλος Εταιρεία Εξοφλήσεις υποχρεώσεων από χρηματοδοτικές μισθώσεις (χρεολύσια) - (243) - (243) - Εισροές Μερίσματα πληρωθέντα Εκροές - 48 Χρηματοδοτικές ροές από διακοπείσες δραστηριότητες Απαιτήσεις Σύνολο εισροών /(εκροών) από χρημ/τικές δραστηριότητες (γ) Υποχρεώσεις Καθαρή αύξηση /(μείωση) στα ταμειακά διαθέσιμα και - Συναλλαγές και αμοιβές διευθυντικών στελεχών και μελών της διοίκησης (667) (1.178) (708) (879) ισοδύναμα περιόδου (α) + (β) + (γ) - Απαιτήσεις από διευθυντικά στελέχη και μέλη της διοίκησης - - Ταμειακά διαθέσιμα και ισοδύναμα έναρξης περιόδου Υποχρεώσεις προς τα διευθυντικά στελέχη και μέλη της διοίκησης - - Επίδραση συναλλαγματικών ισοτιμιών σε ταμειακά διαθέσιμα και ισοδύναμα Κατά την τρέχουσα περίοδο, τα ποσά που έχουν καταχωρηθεί ως λοιπά συνολικά έσοδα του Ομίλου, αφορούν σε συναλλαγματικές διαφορές που προκύπτουν από Ταμειακά διαθέσιμα και ισοδύναμα λήξης περιόδου μετατροπή εκμετάλλευσης στο εξωτερικό, στο νόμισμα παρουσίασης του Ομίλου. 9. Τα κέρδη /(ζημίες) ανά μετοχή υπολογίστηκαν βάσει των κερδών /(ζημιών) μετά από φόρους και δικαιώματα μειοψηφίας επί του σταθμισμένου μέσου όρου του αριθμού των μετοχών της μητρικής εταιρείας σε κυκλοφορία. 10. Τα ποσά παρουσιάζονται σε χιλ. όπως και στην οικονομική έκθεση, εκτός αν αναφέρεται διαφορετικά. Τυχόν διαφορές σε αθροίσματα οφείλονται σε στρογγυλοποιήσεις 11. Καμία ενοποιούμενη εταιρεία δεν κατέχει μετοχές της μητρικής εταιρείας κατά την 30/6/2014. Ούτε η μητρική εταιρεία κατέχει ίδιες μετοχές την 30/6/ Οι ταμειακές ροές έχουν καταρτιστεί σύμφωνα με την έμμεση μέθοδο. Ρέθυμνο, 22 Αυγούστου 2014 Ο ΠΡΟΕΔΡΟΣ ΤΟΥ Δ.Σ. Ο ΑΝΤΙΠΡΟΕΔΡΟΣ ΤΟΥ Δ.Σ. Ο ΓΕΝΙΚΟΣ ΟΙΚΟΝΟΜΙΚΟΣ ΔΙΕΥΘΥΝΤΗΣ Ο ΔΙΕΥΘΥΝΤΗΣ ΛΟΓΙΣΤΗΡΙΟΥ & ΔΙΕΥΘΥΝΩΝ ΣΥΜΒΟΥΛΟΣ & ΔΙΕΥΘΥΝΩΝ ΣΥΜΒΟΥΛΟΣ ΠΑΠΑΔΟΠΟΥΛΟΣ ΙΩΑΝΝΗΣ ΤΣΑΚΙΡΗΣ ΕΥΑΓΓΕΛΟΣ ΔΟΜΑΖΑΚΗΣ ΕΜΜΑΝΟΥΗΛ ΔΟΜΑΖΑΚΗΣ ΚΩΝΣΤΑΝΤΙΝΟΣ Α.Δ.Τ. Ξ / 86 Α.Δ.Τ. Σ /00 Α.Δ.Τ. Ι / 74 Α.Δ.Τ. ΑΒ / 06 Α.Μ. Αδείας Α' Τάξεως :