140
as amended and in force, is recalculated on the reduced, after the credit note discount, proceeds from the sale
of energy for the reference year 2013.
The Group has calculated the possible impact on consolidated Results and Consolidated Equity, whether the
provisions of the above article of the draft law are to be implemented. Said impact is as follows:
Amounts in mio€
Impact on Group’s Operatg Result
2,88
Impact on Group’s Earngs after
2,64
tax and morities
Impact on Group’s Equity:
2,64
The group monitors the developments regarding this draft law and will recognize the appropriate impact on the
results of the year 2014. Said impact is to be crystalized after the voting of the final text of the Law, following
the assessment of comments obtained during the process of public consultation of the draft law, comments
which were in total negative.
METKA has announced on 13.2.2014 that its Turkish subsidiary, Power Projects Sanayi İnşaat Ticaret
Limited Şirketi (Power Projects Limited), in consortium with General Electric, has signed a new contract with
Société Algérienne de Production de l’Electricité (SPE Spa). This is METKA’s fifth major project in Algeria, and
emphasizes the company’s commitment to further develop its presence in one of the region’s most important
growth markets.
The project concerns the engineering, procurement, installation and commissioning of eight (8) mobile gas
turbine power generation units with a total output of 179,72 MW at site conditions, to be installed at three (3)
sites in Algeria.
The total contract value for Power Projects Limited is US$ 66.085.842.
The project will be carried out on a fast-track schedule, with commercial operation in the first half of 2014.
METKAhas announced on 11.03.2014 its appointment as the provisional contractor for the project «Construction
of remaining infrastructure, permanent way, signalling-telecommanding, telecommunications and electrical
engineering works for the tunnel facilities for the new railway line Kiato-Rododafni” (Tender no. 715), following
the decision of the Board of Directors of ERGA OSE S.A., in the context of the open call for tender.
The total budget of the projects amounts to €273,000,000 and is co-funded by the European Regional
Development Fund (ERDF), under Priority Axis 2 of the Operational Programme “Accessibility Improvement”
of the Greek NSRF 2007-2013, and is scheduled for implementation over a period of 24 months following the
contract award date.
For the implementation of the project, METKA will collaborate with the international company THALES, global
leader in the field of signalling and telecommanding, as well as with XANTHAKIS S.A., a Greek company
specialised in railway superstructure works.
The Kiato-Rododafni railway line is part of the larger construction project for the new double railway line from
Athens (SKA) to Patras and is considered an infrastructure project of significant importance, since with its
implementation it will be possible to connect the Peloponnese with the modern railway network of Athens.
The New Double High-Speed Railway Line KIATO-PATRAS is the extension of the new ATHENS - KORINTHOS
- PATRAS New Double High-Speed Railway Line, which will link the Greek capital to Patras, the third largest
economic centre of the country.
E. FIGURES AND INFORMATION
