Consolidated Financial Statements - Minoan Lines
Consolidated Financial Statements - Minoan Lines
Consolidated Financial Statements - Minoan Lines
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MINOAN LINES SHIPPING S.A. AND SUBSIDIARIES<br />
<strong>Consolidated</strong> <strong>Statements</strong> of Changes in Equity<br />
For the year ended December 31, 1999 and for the six month period ended June 30, 2000<br />
(Amounts expressed in thousands of drachmae unless otherwise stated)<br />
Share Share Other Retained<br />
Capital Premium Reserves Earnings Total<br />
Balance as at December 31, 1998 17,731,500 11,483,700 2,403,758 13,739,636 45,358,000<br />
Capitalization of share premium 8,865,750 (8,865,750) - - -<br />
Issue of share capital for loss 13,298,625 64,082,861 - - 77,381,486<br />
Net profit - - - 13,660,328 13,660,328<br />
Transfers to other reserves - - 3,509,180 (3,509,180) -<br />
Share issue expenses - (2,399,381) - - (2,399,381)<br />
Balance as at December 31,1999 39,895,875 64,301,436 5,912,938 23,890,784 134,001,033<br />
Net loss for the period ended<br />
(unaudited) - - - (1,510,487) (1,510,487)<br />
Capitalisation of share premium<br />
(unaudited) 13,298,625 (13,298,625) - - -<br />
Dividends (unaudited) - - - (5,319,450) (5,319,450)<br />
Closing Balance at June 30, 2000<br />
(unaudited) 53,194,500 51,002,811 5,912,938 17,060,847 127,171,096<br />
The accompanying notes are integral parts of these consolidated financial statements.<br />
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