The Board of Directors of P.P.A S.A on 28 November 2005 approved the Financial Reports of the Company for the third quarter of the financial year 2005. The Financial Reports were compiled according to the International Financial Reporting Standards and are summarized as follows: - The Company's turnover decreased by 5,94% amounting to euro 106,8 million, against euro 113,6 million the relevant period of the financial year of 2004. This reduction is carried over from the second quarter of 2005, and is attributed to the strike of the port workers in July 2005. - Other operating revenues were reduced by 7,36% amounting to euro 5,9 million, against euro 6,4 million the relevant nine month period of 2004. The reduction is attributed to the non invoiced rights for arbitrary use of land spaces by doubtful debtors, amounting for the period January 1st until 30 September 2005 to euro 550.000. - Operational expenses decreased within the reporting period by 3,48% and amounted to euro 99,4 million, against euro 103 million of the relevant nine month period of 2004. The reduction is attributed to lower remunerations paid to personnel under strike and to a drastic cut down of miscellaneous, non productive expenses.(promotional expenses, subsidies etc). - Asset depreciation incorporated in the operational cost, increased by 8,85 % amounting to euro 6,2 million, against euro 5,7 million of the previous financial period. - E.B.T. amount to euro 13,2million, against euro 17,1million of the relevant period in 2004, showing a decrease by 22,93%, whereas net profits after current and deferred taxes decreased by 20,98%. - Cash and cash equivalent increased from euro 13,8million in 31 December 2004, to euro 16 million in 30 September 2005.