Company Profile

“PKF International” is one of the largest international Certified Public Accountants firms, active in this field for over 100 years. It has a network of 300 offices in 125 countries and 440 locations all over the world and it is a member of “Forum of Firms”, a well – reputed organization in the business world for providing solid financial information and audit procedures. With a dynamic, global presence in companies covering the entire range of commercial and financial operations, PKF International constitutes a powerful and credible partner. The services provided by the members of the network are classified as follows:

• Assurance & Advisory

• Accounting Advisory Services

• Governance and Risk Services

• Insolvency

• Taxation

• Corporate Finance

• Financial Planning

• Forensic Accounting

• Management Consultancy

• Hotel Consultancy

• IT Consultancy

Our Services

PKF Euroauditing S.A.’s presence in the industry for more than two decades is based on solid values that have established us in the market. Our accuracy in every calculation, our consistency in abiding the procedures, our instant response to the needs of our customer and the adjustment to every demand of our work, makes us the ideal partner that you can trust in every step. You can depend on us for a wide range of services:

• Auditing services

• Taxation services

• Consulting services

• Training

The auditing services include a wide range of assurance services, such as auditing and review of financial statements, pre-agreed procedure services, etc. When we undertake an audit, we have a close cooperation with the company in order to understand its profound needs. In this way, we can focus on the sectors which need more attention during auditing.

One of our strong points is compliance to strict specifications. The constant professional training of our auditing staff, through education and instruction, keeps all of our customers up to date as far as the most recent auditing and accounting specifications are concerned. We perform objective and credible audits and, at the same time, through those audits, we give the opportunity to the audited financial units to improve their internal auditing systems using our remarks and findings. The services provided cover the following sectors: Statutory Audit of the Annual Financial Statements Statutory quarterly (for Public Utility Companies) and half yearly (companies listed in the Athens Stock Exchange Market) audit of Financial Statements • Statutory auditing of Consolidated Financial Statements • Statutory auditing of short – term Financial Statements • Financial Statements audit in accordance to the International Financial Reporting Standards (I.F.R.S.)

• Management audits

• Financial Statements overviews in order to comment on limited assurance engagement for financial information.

• Services of pre-agreed procedures related to financial information

• Auditing services required for the listing in the Athens Stock Exchange

• Tax compliance auditing services in order for the Tax Certificate to be issued, for companies audited by public accountants

Taxation, however, is also associated with other business issues. For this reason, we provide a flexible range of relevant services that are not only limited to tax compliance. Wherever you are around the world, you are sure to find a company – member of PKF International close to you, which provides tax consultancy and other services, designed to support your business.

Taxation Services

Our firm has capable professionals with great experience in the field of taxation. We cooperate closely with our clients so that we can guarantee that we provide credible and valid tax advice. We also acknowledge that taxes are a significant business cost which can be reduced or deferred with the proper planning. We fully understand that each case is unique and that there is never a “one size fits all” solution. PKF International has an international taxation committee which supports the taxation-related work of its member-companies and, at the same time, contributes to responsible development of modern taxation consultancy tools.

The Global Tax Guide is one of its manuals. It is a worldwide certified reference guide to business and taxation issues for our customers and for every professional. The committee also holds seminars and issues information material, aiming at your constant update concerning tax legislation and the procedures of legal tax reductions. Our firm provides support services and services of full coverage and compliance in the following tax issues: Intra-group transactions (full services)

• Legal entity taxation

• Special tax issues concerning individuals

• Value Added Tax

• Payroll tax

In addition, our firm provides constantly:

• Tax consulting

• Tax support in cases of tax audits

The global business environment evolves rapidly. The legal, legislative and regulatory framework changes and becomes stricter and stricter not only due to the new technologies used in financial transactions, but also due to the rapid technological developments. As a consequence, business entities do not have all the skills and knowledge in order to immediately respond to changes. And for this reason, more and more often businesses make use of third-party know-how and specialized consultancy when these needs occur

Consultancy services

In cooperation with the International network of PKF we can undertake and deploy consulting projects in a wide range of fields worldwide, including agriculture, agribusiness, industry, provision of services, commerce, navigation, transport, public services, as well as in the field of “Hotels- Tourism-Hospitals”, in which PKF holds a leading position. In a truly global industry, in cooperation with the other firms of the International network of PKF, we provide our customers with a wide range of services associated with the hospitality sector. We provide consultancy services about issues associated with: • Organization of Internal Control Systems • Research, organization, initial startup of accounting departments • Support in the settlement of intercompany differences • Projects of first-time adoption of International Financial Reporting Standards (I.F.R.S.) • Compilation or support during compilation of financial statements, individual or consolidated, according to Greek Accounting Standards, as well as International Financial Reporting Standards (I.F.R.S.)

• Budgeting and business planning

• Feasibility studies

• Compilation or support during compilation of the file regarding intra-group transactions

• Evaluation of financial units intrinsic value

• Evaluation of the share exchange ratio in cases of mergers and acquisitions

• Mergers and Acquisitions

• Expert reports

• Application of the Greek General Chart of Accounts in General and particularly in Analytic Accounting (cost accounting and management accounting) and industry-specific Charts of Accounts (Banks, Municipalities, Insurance Companies etc.)

• Examining and dealing with special organizational, accounting and management issues.

Consultancy services

In an environment with ever increasing needs of expertise for the executives of every financial unit and the constant changes of the tax and accounting frame mostly because of the implementation of International Financial Reporting Standards in Greece, the need for constant update and training of your staff is becoming more and more evident.

Training

Based on their multiannual experience and their excellent training in their knowledge fields, our executives are able to provide excellent training services tailored to our customers’ needs. Our firm is capable of organizing and implementing the training and updating of the staff in every financial unit tailored to its requirements. Indicative training fields are:

• Greek GAAP & General Accounting

• Analytic Accounting

• Transactions’ Tax Reporting Code

• Value Added Tax

• Income tax for Legal Entities and Individuals

•International Financial Reporting Standards (I.F.R.S.)

• Internal audit

Our People

With multiannual experience and a network of 5 offices in the Greek market, our firm depends on 85 dedicated professionals all over Greece, Certified Public Accountants, shareholders or not, as well as qualified auditing personnel of all levels, maintaining in this way thousands of satisfied customers. Our dedicated professionals are fully scientifically qualified and experienced and can meet every challenge as well as the daily requirements of a financial unit. Working with us will help you focus on the problems and find solutions for your company. We know how to operate as members of a team and we will certainly become a part of your company team as well. We will become the professionals you can count on. In this way, we are able to build a long-term relationship of trust.

Our Values

But what really makes us different is not only our knowledge, our expertise and qualified staff, the organizational culture and our persistence in detail. It is also the way that we approach each case. Every single customer, every single financial unit has its own particular needs. In every case, our role is to identify and analyze our customers’ demands and be able to act on a per case basis aiming at the fastest and most comprehensive solution in anything that comes up. So as to be sure, work with us.