1 JANUARY - 31 DECEMBER 2004 - Minoan Lines

ΠΕΡΙΕΧΟΜΕΝΑ
TABLE OF CONTENTS
1. KEY FINANCIAL DATA 4
1.1 KEY FINANCIAL DATA OF THE COMPANY 4
1.1.1 Results for the fiscal Years 2002 - 2004 4
1.1.2 Financial Statements 2002 - 2004 5
1.2 CONSOLIDATED KEY FINANCIAL DATA 6
1.2.1 Results for the fiscal Years 2002-2004 6
1.2.2 Financial Statements 2002 - 2004 7
2. MINOAN LINES - SHARE PRICE PERFORMANCE 8
2.1 SHARE PRICE PERFORMANCE AND TRADING VOLUME 8
2.2 SHARE DATA 9
3. THE COMPANY 10
3.1 Business description 10
3.2 FIXED ASSETS 10
3.2.1 Principal Establishments 10
3.2.2 Ships 11
3.2.3 Fair value/Fleet Policy - Underwriting Cover 11
3.2.4 Guarantees and Collateral securities 12
3.4 SHARE CAPITAL - BOOK VALUE PER SHARE 12
3.5 INVESTMENTS 13
4. INFORMATION ON MANAGEMENT & EMPLOYEES 14
4.1. MANAGEMENT 14
4.1.1 Board of Directors 14
4.1.2 Dissemination of Information 15
4.2 EMPLOYEES 16
4.3 CERTIFICATION OF QUALITY IN SERVICES 16
4.4 CORPORATE STRUCTURE 17
5. THE INDUSTRY 18
5.1 BUSINESS - THE SHIPPING SECTOR 18
6. FINANCIAL DATA 2002 - 2004 20
6.1. EVOLUTION OF BUSINESS ACTIVITY 20
6.2 STATEMENT OF OPERATING RESULTS - PROFIT AND LOSS ACCOUNT 21
6.3 ANALYSIS OF FINANCIAL STATEMENTS 25
6.4 FINANCIAL ANALYSIS - GROUP 28
7. AFFILIATED COMPANIES 30
7.1 SUBSIDIARIES 30
7.2 ASSOCIATED COMPANIES 31
7.3 KEY FINANCIAL DATA - SUBSIDIARIES AND ASSOCIATED COMPANIES 31
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