M. J. MAILLIS S.A.
Announcement
In accordance with the recommendation made by the Hellenic Capital Market Commission, we inform you that the item "Other expenses" in Note 27 of the Annual Financial Statements for the year ended 31/12/2007, is analysed as follows:
Ι) GROUP 2007:
1. Impairment of receivables and Provisions for impairment of receivables, amount euro 5,517 thousand.
2. Foreign exchange differences, amount euro 2,696 thousand.
3. Impairment of inventories and Provisions for impairment of inventories, amount euro 693 thousand.
4. Other provisions, amount euro 1,258 thousand.
5. Other expenses, amount euro 2,478 thousand.
Total Other expenses for the Group 2007, amount euro 12,642 thousand.
ΙΙ) GROUP 2006:
1. Foreign exchange differences, amount euro 1,163 thousand.
III) COMPANY 2007:
1. Impairment of receivables and Provisions for impairment of receivables, amount euro 2,718 thousand
2. Foreign exchange differences, amount euro 2,385 thousand.
3. Other provisions, amount euro 500 thousand.
4. Other expenses, amount euro 2,348 thousand.
Total Other expenses for the Company 2007, amount euro 7,951 thousand.
IV) COMPANY 2006:
1. Impairment of receivables and Provisions for impairment of receivables, amount euro 492 thousand.
2. Foreign exchange differences, amount euro 1,810 thousand.
3. Other expenses, amount euro 518.
Total Other expenses for the Company 2007, amount euro 2,820 thousand.
Ι) GROUP 2007:
1. Impairment of receivables and Provisions for impairment of receivables, amount euro 5,517 thousand.
2. Foreign exchange differences, amount euro 2,696 thousand.
3. Impairment of inventories and Provisions for impairment of inventories, amount euro 693 thousand.
4. Other provisions, amount euro 1,258 thousand.
5. Other expenses, amount euro 2,478 thousand.
Total Other expenses for the Group 2007, amount euro 12,642 thousand.
ΙΙ) GROUP 2006:
1. Foreign exchange differences, amount euro 1,163 thousand.
III) COMPANY 2007:
1. Impairment of receivables and Provisions for impairment of receivables, amount euro 2,718 thousand
2. Foreign exchange differences, amount euro 2,385 thousand.
3. Other provisions, amount euro 500 thousand.
4. Other expenses, amount euro 2,348 thousand.
Total Other expenses for the Company 2007, amount euro 7,951 thousand.
IV) COMPANY 2006:
1. Impairment of receivables and Provisions for impairment of receivables, amount euro 492 thousand.
2. Foreign exchange differences, amount euro 1,810 thousand.
3. Other expenses, amount euro 518.
Total Other expenses for the Company 2007, amount euro 2,820 thousand.