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Financial Statements
c) Year end balances arising from sales/purchases of services
Year end balances arising from 2010 2009
sales/purchases of services
104,378,621
Trade and other receivables: 22,942,087
94,948,429
Greek State 629,160
Trade and other payables: 199,956,210
Greek State 96,554,763
Hochtief Airport Group 433,059
Total 119,929,909
d) Guarantees
The outstanding balance of the EIB loan B, for which the Greek State has provided guarantee, amounts to €442.573.110
(2009:€442.362.754).
e) Key management compensation
Key management includes personnel authorised by the Board of Directors for planning, directing and controlling the activities
of the Company. Compensation paid or payable to key management for employee services rendered is shown below:
Analysis of BoD and key management 2010 2009
compensation
460,472 533,880
Board of directors’ fees 2,467,469 2,097,455
Short-term employment benefits of key management
Total BoD and key management compensation 2,927,941 2,631,335
5.30 Events after the balance sheet date
Other than current negotiations for the extension of the concession, as disclosed in Note 1, no significant events have
been incurred after the balance sheet, until the approval of the Financial Statements by the Board of Directors.
Financial Statements as at 31 December 2010 (Amounts in Euros unless otherwise stated) Page 49 of 51
c) Year end balances arising from sales/purchases of services
Year end balances arising from 2010 2009
sales/purchases of services
104,378,621
Trade and other receivables: 22,942,087
94,948,429
Greek State 629,160
Trade and other payables: 199,956,210
Greek State 96,554,763
Hochtief Airport Group 433,059
Total 119,929,909
d) Guarantees
The outstanding balance of the EIB loan B, for which the Greek State has provided guarantee, amounts to €442.573.110
(2009:€442.362.754).
e) Key management compensation
Key management includes personnel authorised by the Board of Directors for planning, directing and controlling the activities
of the Company. Compensation paid or payable to key management for employee services rendered is shown below:
Analysis of BoD and key management 2010 2009
compensation
460,472 533,880
Board of directors’ fees 2,467,469 2,097,455
Short-term employment benefits of key management
Total BoD and key management compensation 2,927,941 2,631,335
5.30 Events after the balance sheet date
Other than current negotiations for the extension of the concession, as disclosed in Note 1, no significant events have
been incurred after the balance sheet, until the approval of the Financial Statements by the Board of Directors.
Financial Statements as at 31 December 2010 (Amounts in Euros unless otherwise stated) Page 49 of 51
