Annual Report 2019 7 Xxxxxxxxxxboard of Directors

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Annual Report 2019 7 Xxxxxxxxxxboard of Directors ΑΝΝUAL REPORT 2019 5 2019 X XXXXXXXXXX 6 CONTENTS Board of Directors.......................................................................................................................................................................................................................................................................6 1. Basic financial figures ...............................................................................................................................................................................................................................................8 1.1. Concised Financial Figures .........................................................................................................................................................................................................................8 1.2. Concised Consolidated Financial Figures ................................................................................................................................................................................9 1.3 The Group .....................................................................................................................................................................................................................................................................10 2. Hertz – a Brief history.............................................................................................................................................................................................................................................11 3. Line of Business ..............................................................................................................................................................................................................................................................12 3.1. Definitions ....................................................................................................................................................................................................................................................................12 4. Human Resources ........................................................................................................................................................................................................................................................13 5. Data of the company share ............................................................................................................................................................................................................................14 ANNUAL REPORT .......................................................................................................................................................................................................................................................................15 6. Annual Report of the Board of Directors ...................................................................................................................................................................................16 7. ANNUAL FINANCIAL STATEMENTS & CONCISE SUMMARY ..............................................................................................................................40 7.1. Annual Financial statements AUTOHELLAS .......................................................................................................................................................................40 7.2 Notes to the financial statements ..................................................................................................................................................................................................45 7.3 Independent Auditors´ Report ......................................................................................................................................................................................................102 8. CONCISE summary results – 9 MONTHS OF 2019 ........................................................................................................................................108 8.1 Figures and information for the period 01/01/2019 – 30/09/2019 ..................................................................................................108 9. FINANCIAL Statements & CONCISE summary – 6 MONTHS OF 2019 .............................................................................113 9.1 Financial Statements Autohellas 2019 – 6months ................................................................................................................................................113 10. CONCISE summary RESULTS– 3 MONTHS FOR 2019 .....................................................................................................................................118 10.1 Figures and information for the period 01/01/2019 – 30/03/2019 ................................................................................................118 11. Information based on article 10 of Law 3401/2005 published by the company during the 2019 fiscal year ....123 12. HERTZ Locations in Greece (May 2020) ......................................................................................................................................................................................125 ANNUAL REPORT 2019 7 XXXXXXXXXXBoard OF DIrectors Emmanuella Vassilakis .............................................................................................................................................................................................President, Member Eftichios T. Vassilakis .................................................................................................................................Vice President and Managing Director, Member Georgios T. Vassilakis ........................................................................................................................................................................................................................Member Dimitrios N. Maggioros .............................................................................................................................................Member and Deputy General Manager Garyfallia A. Pelekanou ..................................................................................................................................................................................................................Member Spyros S. Flegas ...................................................................................................................................................................Independent non-executive member Konstantinos Sfakakis ....................................................................................................................................................Independent non-executive member Marinos Giannopoulos ..................................................................................................................................................Independent non-executive member 8 FINANCIAL STATEMENTS 2019 ANNUAL REPORT 2019 9 1 BASIC FINANCIAL FIGURES 1.1 Concised Financial Figures Company €'000 2019 2018 2017 2016 2015 2014 Sales 224.731 221.122 189.135 161.432 141.240 126.164 EBITDA 108.750 101.977 87.006 75.549 64.983 60.492 Depreciation 65.340 56.193 47.268 44.388 40.125 38.391 Earnings Before Tax 36.412 35.916 30.731 21.346 24.032 13.138 Earnings After Tax 29.362 27.470 22.938 15.401 15.222 10.041 Attributable to: Shareholders 29.362 27.470 22.938 15.401 15.222 10.041 Staff (peak) 496 529 479 452 430 410 Service centres 74 73 73 73 70 70 Fleet (peak) 35.600 34.000 30.800 27.400 25.900 25.500 Group €'000 2019 2018 2017 2016 2015 2014 Sales 555.413 470.380 340.632 264.806 182.893 161.119 EBITDA 157.315 148.913 119.295 104.344 88.111 81.052 Depreciation 91.289 76.972 65.236 62.530 54.600 51.104 Earnings Before Tax 57.345 55.193 41.393 30.318 27.560 20.792 Earnings After Tax 46.600 38.808 31.626 22.691 18.634 16.116 Attributable to: Shareholders 44.233 38.248 31.626 22.691 18.634 16.116 Non Controlling Interest 2.367 560 10 BASIC FINANCIXXXXXXXXXAL FIGURES 1 1.2 Concised Consolidated Financial Figures Company €'000 2019 2018 2017 2016 2015 2014 Assets Total Non Current Assets 613.676 556.611 516.923 437.133 398.179 314.823 Total Current Assets 66.689 63.957 55.535 55.153 59.391 40.293 Total Assets 680.365 620.568 572.458 492.286 457.570 355.115 Equity 226.037 192.521 180.612 156.865 154.750 150.208 Long term liabilities 294.389 235.290 223.307 244.347 221.052 150.798 Other short term liabilities 159.938 192.758 168.539 91.075 81.767 54.109 Total liabilities 454.328 428.048 391.845 335.421 302.819 204.907 Total Equity and Liabilities 680.365 620.568 572.458 492.286 457.570 355.115 Group €'000 2019 2018 2017 2016 2015 2014 Assets Total Non Current Assets 716.833 656.007 614.620 494.809 441.873 353.801 Total Current Assets 200.629 154.990 122.766 75.978 76.136 50.199 Total Assets 917.462 810.997 737.386 570.786 518.009 404.000 Equity 294.498 246.414 225.616 195.747 186.321 178.774 Long term liabilities 352.402 287.958 282.061 253.909 231.778 159.861 Other short term liabilities 270.562 276.625 229.709 121.130 99.910 65.364 Total liabilities 622.964 564.583 511.770 375.039 331.688 225.226 Total Equity and Liabilities 917.462 810.997 737.386 570.786 518.009 404.000 ANNUAL REPORT 2019 11 1 XXXXXXXXXXBASIC
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