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Granolio d.d.
Annual Report • Feb 28, 2025
2089_10-q_2025-02-28_da086ea4-07d7-4698-b02f-7f053e38d243.pdf
Annual Report
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Unconsolidated financial results for the twelve months period ended 31 December 2024 (unaudited)
General information on Granoliod.d.
GRANOLIO d.d. ("The Company") is a joint-stock company registered with the Commercial Court of Zagreb, Croatia. The Company's tax number (OIB) is 59064993527, and its registration number (MBS) 080111595. The Company's headquarter is located in Zagreb at Budmanijeva 5. The Company has General Assembly, Supervisory Board and Management Board.
Subsidiaries
The Company holds 100% of the shares in the Zdenačka farma d.o.o. It has a controlling influence in the decision-making process in Zdenka mliječni proizvodi d.o.o. which has been consolidated into the Granolio Group since 2011.
The Company also holds minority interests in the Žitozajednica d.o.o.
Ownership in subsidiaries is presented in the organizational chart below:
Significant business events in the accounting period
The company operates within the food industry, and despite the situation in Ukraine, no significant changes in demand for the products produced by the company are expected.
The company's operations will certainly be affected by interest rate movements, fiscal policy, the company's purchasing power and other factors.
Company's financial indicators for the twelve months period of 2024.
| In thousands EUR | |||||
|---|---|---|---|---|---|
| Granolio d.d. | 1-12 2024 | 1-12 2023 | change | ||
| Operating income | 61.794 | 54.065 | 7.730 | 14% | |
| Operating expenses | 58.148 | 51.845 | 6.304 | 12% | |
| EBIT | 3.646 | 2.220 | 1.426 | ||
| EBIT margin | 6% | 4% | |||
| EBITDA | 4.728 | 3.269 | 1.459 | 45% | |
| EBITDA margin | 8% | 6% | |||
| Net financial result | (314) | 224 (537) |
240% | ||
| Net result for the period | 2.820 | 1.970 | 850 | 43% |
*EBITDA= EBIT + depreciation + impairment expenses
In the twelve-month period of 2024, a more favorable net result was achieved compared to the same period of the previous year.
The net financial result represents the difference between financial income and financial expenses and shows interest, exchange rate differences and profit achieved based on the share of entrepreneurs within the group in 2024.
| In thousands EUR | ||||
|---|---|---|---|---|
| Granolio d.d. | 31.12.2024 | 31.12.2023 | change | |
| Net asset (capital and reserves) | 24.025 | 21.209 | 2.817 | 13% |
| Total debt to financial institutions | 23.172 | 10.726 | 12.445 | 116% |
| Cash and cash equivalents | 276 | 955 | (679) | (71%) |
| Loans given, deposits etc.* | 2.942 | 2.271 | 671 | 30% |
| Net debt | 19.953 | 7.501 | 12.453 | 166% |
| Net debt/EBITDA | 4,22 | 2,29 | ||
| EBITDA for the last 12 months | 4.728 | 3.269 | 1.459 | 45% |
*Loans given, securities and deposits
The company's total debt increased due to new long-term debt for the purpose of acquiring additional milling operations. The company regularly settles existing obligations for credits and loans.
The Company monitors its business operations through four business segments:
-
- Flour
-
- Sowing material (wholesale of: fertilizers, protective materials and seeds)
-
- Trading (wholesale of grains, oil crops and bakery products)
-
- Other (rendering services of storage, drying and reception of grains and oil crops at the reception stations, cattle breeding, other)
Employees
In the twelve-months period 2024 the Company employed 188 employees (in the twelve-month period 2023: 172 employees).
Redemption of treasury shares
By the decision of the General Assembly of 9 June 2016, the Company transferred part of the profit for the business year 2015 in the amount of HRK 800 thousand to reserves for treasury shares. Until the date of issuing the interim management report, the Company did not engage in repurchase activities. In the third quarter of 2024, the Company purchased 500 of its own shares.
Environment
Regarding the environmental protection, the Company has implemented comprehensive and systematic solutions and established environment-friendly production processes. In 2023, the company completed the construction and commissioned solar power plants at three of its locations.
Other
Supervisory Board has approved Company's financial statements for the twelve-month period of 2024.
| Annex 1 | |||||
|---|---|---|---|---|---|
| ISSUER'S GENERAL DATA | |||||
| Reporting period: | 1.1.2024 | to | 31.12.2024 | ||
| Year: | 2024 | ||||
| Quarter: | 4. | ||||
| Quarterly financial statements | |||||
| Issuer's home Member | |||||
| Registration number (MB): | 01244272 | State code: | HRVATSKA | ||
| Entity's registration number (MBS): |
08011595 | ||||
| Personal identification number (OIB): |
59064993527 | LEI: | 213800O3Z6ZSDBAKG321 | ||
| Institution code: |
15989 | ||||
| Name of the issuer: HGRANOLIO d.d. | |||||
| Postcode and town: | 10000 | ZAGREB | |||
| Street and house number: Budmanijeva 5 | |||||
| E-mail address: [email protected] | |||||
| Web address: www.granolio.hr | |||||
| Number of employees (end of the reporting |
188 | ||||
| Consolidated report: | KN | (KN-not consolidated/KD-consolidated) | KN | KD | |
| Audited: | RN | (RN-not audited/RD-audited) | RN | RD | |
| Names of subsidiaries (according to IFRS): | Registered office: | MB: | |||
| Yes | |||||
| Bookkeeping firm: | No | (Yes/No) | No | ||
| Contact person: Mirjana Kelava | (name of the bookkeeping firm) | ||||
| (only name and surname of the contact person) Telephone: 01/6320-261 |
|||||
| E-mail address: [email protected] | |||||
| Audit firm: BDO CROATIA | |||||
| (name of the audit firm) Certified auditor: VEDRANA STIPIĆ |
|||||
| (name and surname) |
-
-
- 4.
-
BALANCE SHEET balance as at 31.12.2024
ADP code Last day of the preceding business year At the reporting date of the current period 2 3 4 001 0 0 002 28.385.822 41.060.674 003 102.920 1.086.159 004 0 0 005 102.920 1.086.159 006 0 0 007 0 0 008 0 0 009 0 0 010 18.689.616 30.244.702 011 1.218.955 1.318.115 012 13.078.834 18.410.505 013 2.298.068 4.488.270 014 46.068 53.029 015 0 0 016 185.800 0 017 1.239.877 5.189.877 018 9.498 15.197 019 612.516 769.709 020 9.593.286 9.729.813 021 9.347.370 9.347.370 022 0 0 023 0 0 024 0 0 025 0 0 026 0 0 027 224.800 375.261 028 21.010 7.076 029 0 0 030 106 106 031 0 0 032 0 0 033 0 0 034 0 0 035 0 0 036 0 0 037 15.161.697 26.281.788 038 2.376.289 8.480.243 039 1.045.724 6.827.300 040 0 11 041 278.125 304.737 042 1.052.440 1.348.195 043 0 0 044 0 0 045 0 0 046 9.580.863 14.965.735 047 1.188.234 1.178.670 048 0 0 049 7.792.646 10.073.050 050 0 0 051 189.103 1.763.403 052 410.880 1.950.612 053 2.249.553 2.559.482 054 0 0 II RECEIVABLES (ADP 047 to 052) 1 Receivables from undertakings within the group 2 Receivables from companies linked by virtue of participating interests 3 Customer receivables III CURRENT FINANCIAL ASSETS (ADP 054 to 062) 1 Investments in holdings (shares) of undertakings within the group 4 Receivables from employees and members of the undertaking 5 Receivables from government and other institutions 6 Other receivables 1 Research and development C) CURRENT ASSETS (ADP 038+046+053+063) I INVENTORIES (ADP 039 to 045) 1 Raw materials and consumables 6 Fixed assets held for sale 7 Biological assets 7 Investments in securities 8 Loans, deposits, etc. given 9 Other investments accounted for using the equity method 10 Other fixed financial assets 5 Advances for inventories 2 Work in progress IV RECEIVABLES (ADP 032 to 035) 1 Receivables from undertakings within the group 1 Investments in holdings (shares) of undertakings within the group 2 Investments in other securities of undertakings within the group 3 Loans, deposits, etc. to undertakings within the group 4. Investments in holdings (shares) of companies linked by virtue of participating interests 1 Land 2 Buildings 3 Plant and equipment 4 Tools, working inventory and transportation assets 2 Receivables from companies linked by virtue of participating interests 3 Customer receivables 8 Other tangible assets 9 Investment property III FIXED FINANCIAL ASSETS (ADP 021 to 030) 5 Investment in other securities of companies linked by virtue of participating interests 6 Loans, deposits etc. to companies linked by virtue of participating interests 2 Concessions, patents, licences, trademarks, software and other rights 3 Goodwill 4 Advances for the purchase of intangible assets 5 Intangible assets in preparation 5 Biological assets 6 Advances for the purchase of tangible assets 7 Tangible assets in preparation Submitter:GRANOLIO d.d._____________________________________________________________ 6 Other intangible assets II TANGIBLE ASSETS (ADP 011 to 019) 1 Item A) RECEIVABLES FOR SUBSCRIBED CAPITAL UNPAID B) FIXED ASSETS (ADP 003+010+020+031+036) I INTANGIBLE ASSETS (ADP 004 to 009) 4 Other receivables V DEFERRED TAX ASSETS 3 Finished goods 4 Merchandise
in EUR
| 2 Investments in other securities of undertakings within the group | 055 | 0 | 0 |
|---|---|---|---|
| 3 Loans, deposits, etc. to undertakings within the group | 056 | 1.096.628 | 1.106.320 |
| 4 Investments in holdings (shares) of companies linked by virtue of | |||
| participating interests | 057 | 0 | 0 |
| 5 Investment in other securities of companies linked by virtue of | 0 | ||
| participating interests | 058 | 0 | |
| 6 Loans, deposits etc. to companies linked by virtue of participating | 059 | 0 | 0 |
| interests 7 Investments in securities |
060 | 19.858 | 19.858 |
| 8 Loans, deposits, etc. given | 061 | 1.133.067 | 1.433.304 |
| 9 Other financial assets | 062 | 0 | 0 |
| IV CASH AT BANK AND IN HAND | 063 | 954.992 | 276.328 |
| D ) PREPAID EXPENSES AND ACCRUED INCOME | 064 | 82.606 | 65.655 |
| E) TOTAL ASSETS (ADP 001+002+037+064) | 065 | 43.630.125 | 67.408.117 |
| OFF-BALANCE SHEET ITEMS | 066 | 1.296.735 | 193 |
| LIABILITIES | |||
| A) CAPITAL AND RESERVES (ADP 068 to | 067 | 21.208.557 | 24.025.033 |
| 070+076+077+083+086+089) I INITIAL (SUBSCRIBED) CAPITAL |
2.523.910 | ||
| II CAPITAL RESERVES | 068 069 |
2.523.910 11.174.708 |
11.171.208 |
| III RESERVES FROM PROFIT (ADP 071+072-073+074+075) | 070 | 1.246.857 | 1.348.859 |
| 1 Legal reserves | 071 | 1.140.679 | 1.239.181 |
| 2 Reserves for treasury shares | 072 | 106.178 | 109.678 |
| 3 Treasury shares and holdings (deductible item) | 073 | 0 | 0 |
| 4 Statutory reserves | 074 | 0 | 0 |
| 5 Other reserves | 075 | 0 | 0 |
| IV REVALUATION RESERVES | 076 | 5.662.872 | 5.264.406 |
| V FAIR VALUE RESERVES AND OTHER (ADP 078 to 082) | 077 | 0 | 0 |
| 1 Financial assets at fair value through other comprehensive income | 078 | 0 | 0 |
| (i.e. available for sale) | |||
| 2 Cash flow hedge - effective portion | 079 | 0 | 0 |
| 3 Hedge of a net investment in a foreign operation - effective portion 4 Other fair value reserves |
080 081 |
0 0 |
0 0 |
| 5 Exchange differences arising from the translation of foreign | |||
| operations (consolidation) | 082 | 0 | 0 |
| VI RETAINED PROFIT OR LOSS BROUGHT FORWARD (ADP 084- | |||
| 085) | 083 | -1.369.843 | 896.673 |
| 1 Retained profit | 084 | 0 | 896.673 |
| 2 Loss brought forward | 085 | 1.369.843 | 0 |
| VII PROFIT OR LOSS FOR THE BUSINESS YEAR (ADP 087-088) | 086 | 1.970.053 | 2.819.977 |
| 1 Profit for the business year | 087 | 1.970.053 | 2.819.977 |
| 2 Loss for the business year VIII MINORITY (NON-CONTROLLING) INTEREST |
088 089 |
0 0 |
0 0 |
| B) PROVISIONS (ADP 091 to 096) | 090 | 0 | 0 |
| 1 Provisions for pensions, termination benefits and similar obligations |
091 | 0 | 0 |
| 2 Provisions for tax liabilities | 092 | 0 | 0 |
| 3 Provisions for ongoing legal cases 4 Provisions for renewal of natural resources |
093 094 |
0 0 |
0 0 |
| 5 Provisions for warranty obligations | 095 | 0 | 0 |
| 6 Other provisions | 096 | 0 | 0 |
| C) LONG-TERM LIABILITIES (ADP 098 to 108) | 097 | 8.329.472 | 18.420.473 |
| 1 Liabilities to undertakings within the group | 098 | 0 | 0 |
| 2 Liabilities for loans, deposits, etc. of undertakings within the group | 0 | ||
| 099 | 0 | ||
| 3 Liabilities to companies linked by virtue of participating interests | 100 | 0 | 0 |
| 4 Liabilities for loans, deposits etc. of companies linked by virtue of | 101 | 0 | 0 |
| participating interests 5 Liabilities for loans, deposits etc. |
102 | 265.446 | 530.892 |
| 6 Liabilities to banks and other financial institutions | 103 | 6.132.701 | 16.401.333 |
| 7 Liabilities for advance payments | 104 | 0 | 0 |
| 8 Liabilities to suppliers | 105 | 189.286 | 0 |
| 9 Liabilities for securities | 106 | 498.970 | 332.647 |
| 10 Other long-term liabilities | 107 | 0 | 0 |
| 11 Deferred tax liability | 108 | 1.243.069 | 1.155.601 |
| D) SHORT-TERM LIABILITIES (ADP 110 to 123) | 109 | 13.306.805 | 24.261.931 |
| 1 Liabilities to undertakings within the group | 110 | 1.141.848 | 108.895 |
| 2 Liabilities for loans, deposits, etc. of undertakings within the group | 0 | 0 | |
|---|---|---|---|
| 3 Liabilities to companies linked by virtue of participating interests | 112 | 0 | 0 |
| 4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests |
113 | 0 | 0 |
| 5 Liabilities for loans, deposits etc. | 114 | 2.409.035 | 4.468.605 |
| 6 Liabilities to banks and other financial institutions | 115 | 1.253.770 | 1.271.718 |
| 7 Liabilities for advance payments | 116 | 1.095.525 | 1.002.361 |
| 8 Liabilities to suppliers | 117 | 6.418.294 | 16.290.835 |
| 9 Liabilities for securities | 118 | 166.323 | 166.323 |
| 10 Liabilities to employees | 119 | 196.591 | 275.723 |
| 11 Taxes, contributions and similar liabilities | 120 | 576.833 | 190.179 |
| 12 Liabilities arising from the share in the result | 121 | 0 | 0 |
| 13 Liabilities arising from fixed assets held for sale | 122 | 0 | 0 |
| 14 Other short-term liabilities | 123 | 48.586 | 487.292 |
| E) ACCRUALS AND DEFERRED INCOME | 785.291 | 700.680 | |
| F) TOTAL – LIABILITIES (ADP 067+090+097+109+124) | 125 | 43.630.125 | 67.408.117 |
| G) OFF-BALANCE SHEET ITEMS | 126 | 1.296.735 | 193 |
for the period 01.01.2024 to 31.12.2024 STATEMENT OF PROFIT OR LOSS
in EUR
| Submitter: GRANOLIO d.d._____________ | ||||||
|---|---|---|---|---|---|---|
| ADP Item code |
Same period of the previous year | Current period | ||||
| Cumulative | Quarter | Cumulative | Quarter | |||
| 1 | 2 | 3 | 4 | 5 | 6 | |
| I OPERATING INCOME (ADP 002 to 006) | 001 | 54.064.734 | 13.216.148 | 61.794.246 | 18.295.526 | |
| 1 Income from sales with undertakings within the group | 002 | 886.128 | 202.331 | 861.308 | 229.655 | |
| 2 Income from sales (outside group) 3 Income from the use of own products, goods and services |
003 | 51.631.049 | 12.251.645 2.761 |
57.844.425 3.884 |
17.318.908 1.111 |
|
| 4 Other operating income with undertakings within the group | 004 005 |
5.457 0 |
0 | 0 | 0 | |
| 5 Other operating income (outside the group) | 006 | 1.542.100 | 759.411 | 3.084.629 | 745.852 | |
| II OPERATING EXPENSES (ADP 08+009+013+017+018+019+022+029) | 007 | 51.844.625 | 12.699.766 | 58.148.171 | 17.202.406 | |
| 1 Changes in inventories of work in progress and finished goods | 008 | 155.292 | -4.460 | -37.436 | 40.410 | |
| 2 Material costs (ADP 010 to 012) | 009 | 46.600.047 | 11.259.414 8.700.061 |
51.581.514 35.232.630 |
15.355.835 10.530.596 |
|
| a) Costs of raw materials and consumables b) Costs of goods sold |
010 | 34.175.339 | 1.755.250 | 11.345.282 | 3.166.005 | |
| c) Other external costs | 011 012 |
8.740.478 3.684.230 |
804.103 | 5.003.602 | 1.659.234 | |
| 3 Staff costs (ADP 014 to 016) | 013 | 3.313.145 | 888.203 | 4.292.233 | 1.250.931 | |
| a) Net salaries and wages | 014 | 2.134.001 | 577.910 | 2.767.675 | 811.932 | |
| b) Tax and contributions from salary costs | 015 | 767.160 | 200.261 | 984.588 | 283.933 | |
| c) Contributions on salaries | 016 | 411.984 | 110.032 | 539.970 | 155.066 | |
| 4 Depreciation | 017 | 1.048.466 | 274.648 | 1.076.979 | 265.702 | |
| 5 Other costs | 018 | 455.638 | 177.594 | 592.850 | 189.460 | |
| 6 Value adjustments (ADP 020+021) | 019 | 0 | 0 | 4.504 | 4.504 | |
| a) fixed assets other than financial assets | 020 | 0 | 0 | 0 | 0 | |
| b) current assets other than financial assets | 021 | 0 | 0 | 4.504 | 4.504 | |
| 7 Provisions (ADP 023 to 028) | 022 | 0 | 0 | 0 | 0 | |
| a) Provisions for pensions, termination benefits and similar | 023 | 0 | 0 | 0 | 0 | |
| b) Provisions for tax liabilities | 024 | 0 | 0 | 0 | 0 | |
| c) Provisions for ongoing legal cases | 025 | 0 | 0 | 0 | 0 | |
| d) Provisions for renewal of natural resources | 026 | 0 | 0 | 0 | 0 | |
| e) Provisions for warranty obligations | 027 | 0 | 0 | 0 | 0 | |
| f) Other provisions | 028 | 0 | 0 | 0 | 0 | |
| 8 Other operating expenses | 029 | 272.037 | 104.367 | 637.527 | 95.564 | |
| III FINANCIAL INCOME (ADP 031 to 040) | 030 | 856.905 | 18.351 | 994.960 | 22.850 | |
| 1 Income from investments in holdings (shares) of undertakings within the group |
031 | 800.000 | 0 | 500.000 | 0 | |
| 2 Income from investments in holdings (shares) of companies linked by virtue of participating interests |
032 | 0 | 0 | 0 | 0 | |
| 3 Income from other long-term financial investment and loans granted to undertakings within the group |
033 | 19.048 | 16.863 | 21.153 | 16.860 | |
| 4 Other interest income from operations with undertakings within the group |
034 | 0 | 0 | 0 | 0 | |
| 5 Exchange rate differences and other financial income from operations with undertakings within the group |
035 | 0 | 0 | 0 | 0 | |
| 6 Income from other long-term financial investments and loans | 036 | 891 | 891 | 2.369 | 2.369 | |
| 7 Other interest income | 037 | 36.966 | 597 | 414.193 | 3.621 | |
| 8 Exchange rate differences and other financial income | 038 | 0 | 0 | 0 | 0 | |
| 9 Unrealised gains (income) from financial assets | 039 | 0 | 0 | 0 | 0 | |
| 10 Other financial income | 040 | 0 | 0 | 57.245 | 0 | |
| IV FINANCIAL EXPENSES (ADP 042 to 048) | 041 | 633.398 | 154.962 | 1.308.472 | 407.606 | |
| 1 Interest expenses and similar expenses with undertakings within the group |
042 | 1.267 | 0 | 0 | 0 | |
| 2 Exchange rate differences and other expenses from operations with undertakings within the group |
043 | 0 | 0 | 0 | 0 | |
| 3 Interest expenses and similar expenses | 044 | 625.983 | 154.960 | 1.302.160 | 407.606 | |
| 4 Exchange rate differences and other expenses | 045 | 0 | 0 | 0 | 0 | |
| 5 Unrealised losses (expenses) from financial assets | 046 | 0 | 0 | 0 | 0 | |
| 6 Value adjustments of financial assets (net) | 047 | 0 | 0 | 0 | 0 | |
| 7 Other financial expenses | 048 | 6.148 | 2 | 6.312 | 0 | |
| V SHARE IN PROFIT FROM UNDERTAKINGS LINKED BY VRITUE | 049 | 0 | 0 | 0 | 0 | |
| OF PARTICIPATING INTERESTS | ||||||
| VI SHARE IN PROFIT FROM JOINT VENTURES | 050 | 0 | 0 | 0 | 0 | |
| VII SHARE IN LOSS OF COMPANIES LINKED BY VIRTUE OF PARTICIPATING INTEREST |
051 | 0 | 0 | 0 | 0 | |
| VIII SHARE IN LOSS OF JOINT VENTURES | 052 | 0 | 0 | 0 | 0 | |
| IX TOTAL INCOME (ADP 001+030+049 +050) | 053 | 54.921.639 | 13.234.499 | 62.789.206 | 18.318.376 | |
| X TOTAL EXPENDITURE (ADP 007+041+051 + 052) | 054 | 52.478.023 | 12.854.728 | 59.456.643 | 17.610.012 | |
| XI PRE-TAX PROFIT OR LOSS (ADP 053-054) | 055 | 2.443.616 | 379.771 | 3.332.563 | 708.364 | |
| 1 Pre-tax profit (ADP 053-054) | 056 | 2.443.616 | 379.771 | 3.332.563 | 708.364 | |
| 2 Pre-tax loss (ADP 054-053) | 057 | 0 | 0 | 0 | 0 | |
| XII INCOME TAX | 058 | 473.562 | 0 | 512.584 | 0 | |
| XIII PROFIT OR LOSS FOR THE PERIOD (ADP 055-059) | 059 | 1.970.054 | 379.771 | 2.819.979 | 708.364 | |
| 1 Profit for the period (ADP 055-059) | 060 | 1.970.054 | 379.771 | 2.819.979 | 708.364 | |
| 2 Loss for the period (ADP 059-055) | 061 | 0 | 0 | 0 | 0 | |
| DISCONTINUED OPERATIONS (to be filled in by undertakings subject to IFRS only with discontinued operations) | ||||||
| XIV PRE-TAX PROFIT OR LOSS OF DISCONTINUED OPERATIONS | 062 | 0 | 0 | 0 | 0 | |
| (ADP 063-064) 1 Pre-tax profit from discontinued operations |
063 | 0 | 0 | 0 | 0 |
| 2 Pre-tax loss on discontinued operations | 064 | 0 | 0 | 0 | 0 |
|---|---|---|---|---|---|
| XV INCOME TAX OF DISCONTINUED OPERATIONS | 065 | 0 | 0 | 0 | 0 |
| 1 Discontinued operations profit for the period (ADP 062-065) | 066 | ||||
| 2 Discontinued operations loss for the period (ADP 065-062) | 067 | ||||
| TOTAL OPERATIONS (to be filled in only by undertakings subject to IFRS with discontinued operations) | |||||
| XVI PRE-TAX PROFIT OR LOSS (ADP 055-+062) | 068 | ||||
| 1 Pre-tax profit (ADP 068) | 069 | 0 | 0 | 0 | 0 |
| 2 Pre-tax loss (ADP 068) | 070 | 0 | 0 | 0 | 0 |
| XVII INCOME TAX (ADP 058+065) | 071 | ||||
| XVIII PROFIT OR LOSS FOR THE PERIOD (ADP 068-071) | 072 | ||||
| 1 Profit for the period (ADP 068-071) | 073 | ||||
| 2 Loss for the period (ADP 071-068) | 074 | ||||
| APPENDIX to the P&L (to be filled in by undertakings that draw up consolidated annual financial statements) | |||||
| XIX PROFIT OR LOSS FOR THE PERIOD (ADP 076+077) | 075 | 0 | 0 | 0 | 0 |
| 1 Attributable to owners of the parent | 076 | 0 | 0 | 0 | 0 |
| 2 Attributable to minority (non-controlling) interest | 077 | 0 | 0 | 0 | 0 |
| STATEMENT OF OTHER COMPRHENSIVE INCOME (to be filled in by undertakings subject to IFRS) | |||||
| I PROFIT OR LOSS FOR THE PERIOD | 078 | 0 | 0 | 0 | 0 |
| II OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAX | 0 | 0 | 0 | ||
| (ADP 80+ 87) | 079 | 0 | |||
| III Items that will not be reclassified to profit or loss (ADP 081 to 085) | 080 | 0 | 0 | 0 | 0 |
| 1 Changes in revaluation reserves of fixed tangible and intangible assets |
081 | 0 | 0 | 0 | 0 |
| 2 Gains or losses from subsequent measurement of equity instruments at fair value through other comprehensive income |
082 | 0 | 0 | 0 | 0 |
| 3 Fair value changes of financial liabilities at fair value through statement of profit or loss, attributable to changes in their credit risk |
083 | 0 | 0 | 0 | 0 |
| 4 Actuarial gains/losses on the defined benefit obligation | 084 | 0 | 0 | 0 | 0 |
| 5 Other items that will not be reclassified | 085 | 0 | 0 | 0 | 0 |
| 6 Income tax relating to items that will not be reclassified | 086 | 0 | 0 | 0 | 0 |
| IV Items that may be reclassified to profit or loss (ADP 088 to 095) | 087 | 0 | 0 | 0 | 0 |
| 1 Exchange rate differences from translation of foreign operations | 088 | 0 | 0 | 0 | 0 |
| 2 Gains or losses from subsequent measurement of debt securities at | 089 | 0 | 0 | 0 | 0 |
| fair value through other comprehensive income | |||||
| 3 Profit or loss arising from effective cash flow hedging | 090 | 0 | 0 | 0 | 0 |
| 4 Profit or loss arising from effective hedge of a net investment in a foreign operation |
091 | 0 | 0 | 0 | 0 |
| 5 Share in other comprehensive income/loss of companies linked by virtue of participating interests |
092 | 0 | 0 | 0 | 0 |
| 6 Changes in fair value of the time value of option | 093 | 0 | 0 | 0 | 0 |
| 7 Changes in fair value of forward elements of forward contracts | 094 | 0 | 0 | 0 | 0 |
| 8 Other items that may be reclassified to profit or loss | 095 | 0 | 0 | 0 | 0 |
| 9 Income tax relating to items that may be reclassified to profit or loss | 096 | 0 | 0 | 0 | 0 |
| V NET OTHER COMPREHENSIVE INCOME OR LOSS (ADP 080+087- 086 - 096) |
097 | 0 | 0 | 0 | 0 |
| VI COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 078+097) |
098 | 0 | 0 | 0 | 0 |
| APPENDIX to the Statement on comprehensive income (to be filled in by undertakings that draw up consolidated statements) | |||||
| VI COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 100+101) |
099 | 0 | 0 | 0 | 0 |
| 1 Attributable to owners of the parent | 100 | 0 | 0 | 0 | 0 |
| 2 Attributable to minority (non-controlling) interest | 101 | 0 | 0 | 0 | 0 |
STATEMENT OF CASH FLOWS - indirect method for the period 01.01.2024 . to 31.12.2024.
| in EUR Submitter: GRANOLIO d.d._____________ |
|||||||||
|---|---|---|---|---|---|---|---|---|---|
| Item | ADP code |
Same period of the previous year |
Current period | ||||||
| 1 | 2 | 3 | 4 | ||||||
| Cash flow from operating activities | |||||||||
| 1 Pre-tax profit | 001 | 2.443.615 | 3.332.561 | ||||||
| 2 Adjustments (ADP 003 to 010): a) Depreciation |
002 003 |
1.063.270 1.048.466 |
969.781 1.076.979 |
||||||
| b) Gains and losses from sale and value adjustment of fixed tangible and intangible assets |
004 | 30.683 | -14.186 | ||||||
| c) Gains and losses from sale and unrealised gains and losses and value adjustment of financial assets |
005 | -224.800 | -150.461 | ||||||
| d) Interest and dividend income | 006 | -56.905 | -937.715 | ||||||
| e) Interest expenses | 007 | 627.476 | 1.302.160 | ||||||
| f) Provisions | 008 | 0 | 0 | ||||||
| g) Exchange rate differences (unrealised) | 009 | 46 | 0 | ||||||
| h) Other adjustments for non-cash transactions and unrealised gains and losses |
010 | -361.696 | -306.996 | ||||||
| I Cash flow increase or decrease before changes in working capital (ADP 001+002) |
011 | 3.506.885 | 4.302.342 | ||||||
| 3 Changes in the working capital (ADP 013 to 016) | 012 | 1.770.059 | -3.087.585 | ||||||
| a) Increase or decrease in short-term liabilities | 013 | -1.099.533 | 8.040.358 | ||||||
| b) Increase or decrease in short-term receivables | 014 | 2.098.113 | -5.330.985 | ||||||
| c) Increase or decrease in inventories | 015 | 771.479 | -5.796.958 | ||||||
| d) Other increase or decrease in working capital | 016 | 0 | 0 | ||||||
| II Cash from operations (ADP 011+012) | 017 | 5.276.944 | 1.214.757 | ||||||
| 4 Interest paid | 018 | -613.928 | -863.453 | ||||||
| 5 Income tax paid A) NET CASH FLOW FROM OPERATING ACTIVITIES (ADP 017 to 019) |
019 020 |
-714.329 3.948.687 |
-440.481 -89.177 |
||||||
| Cash flow from investment activities | |||||||||
| 1 Cash receipts from sales of fixed tangible and intangible assets | 021 | 0 | 0 | ||||||
| 2 Cash receipts from sales of financial instruments | 022 | 0 | 0 | ||||||
| 3 Interest received | 023 | 39.855 | 420.149 | ||||||
| 4 Dividends received | 024 | 0 | 500.000 | ||||||
| 5 Cash receipts from repayment of loans and deposits | 025 | 1.047.991 | 4.742.254 | ||||||
| 6 Other cash receipts from investment activities | 026 | 0 | 0 | ||||||
| III Total cash receipts from investment activities (ADP 021 to 026) | 027 | 1.087.846 | 5.662.403 | ||||||
| 1 Cash payments for the purchase of fixed tangible and intangible assets | 028 | -2.071.807 | -13.561.964 | ||||||
| 2 Cash payments for the acquisition of financial instruments | 029 | 0 | 0 | ||||||
| 3 Cash payments for loans and deposits for the period | 030 | -1.340.589 | -5.038.250 | ||||||
| 4 Acquisition of a subsidiary, net of cash acquired | 031 | 0 | 0 | ||||||
| 5 Other cash payments from investment activities IV Total cash payments from investment activities (ADP 028 to 032) |
032 033 |
0 -3.412.396 |
0 -18.600.214 |
||||||
| B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033) | 034 | -2.324.550 | -12.937.811 | ||||||
| Cash flow from financing activities | |||||||||
| 1 Cash receipts from the increase in initial (subscribed) capital | 035 | 0 | 0 | ||||||
| 2 Cash receipts from the issue of equity financial instruments and debt financial instruments |
036 | 0 | 0 | ||||||
| 3 Cash receipts from credit principals, loans and other borrowings | 037 | 4.048.256 | 21.061.299 | ||||||
| 4 Other cash receipts from financing activities | 038 | 0 | 0 | ||||||
| V Total cash receipts from financing activities (ADP 035 to 038) | 039 | 4.048.256 | 21.061.299 | ||||||
| 1 Cash payments for the repayment of credit principals, loans and other borrowings and debt financial instruments |
040 | -4.977.230 | -8.674.550 | ||||||
| 2 Cash payments for dividends | 041 | 0 | 0 | ||||||
| 3 Cash payments for finance lease | 042 | 0 | -34.926 | ||||||
| 4 Cash payments for the redemption of treasury shares and decrease in initial (subscribed) capital |
043 | 0 | -3.500 | ||||||
| 5 Other cash payments from financing activities | 044 | 0 | 0 | ||||||
| VI Total cash payments from financing activities (ADP 040 to 044) | 045 | -4.977.230 | -8.712.976 | ||||||
| C) NET CASH FLOW FROM FINANCING ACTIVITIES (ADP 039 +045) | 046 | -928.974 | 12.348.323 | ||||||
| 1 Unrealised exchange rate differences in respect of cash and cash equivalents |
047 | 0 | 0 | ||||||
| D) NET INCREASE OR DECREASE IN CASH FLOWS (ADP 020+034+046+047) |
048 | 695.163 | -678.665 | ||||||
| E) CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD |
049 | 259.829 | 954.992 | ||||||
| F) CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD(ADP 048+049) |
050 | 954.992 | 276.327 |
STATEMENT OF CASH FLOWS - direct method
for the period __.__.____ to __.__.____
| in EUR | ||||||||
|---|---|---|---|---|---|---|---|---|
| Submitter: ______________ Item |
ADP code |
Same period of the previous year |
Current period | |||||
| 1 | 2 | 3 | 4 | |||||
| Cash flow from operating activities | ||||||||
| 1 Cash receipts from customers | 001 | |||||||
| 2 Cash receipts from royalties, fees, commissions and other revenue | 002 | |||||||
| 3 Cash receipts from insurance premiums | 003 | |||||||
| 4 Cash receipts from tax refund | 004 | |||||||
| 5 Other cash receipts from operating activities | 005 | |||||||
| I Total cash receipts from operating activities (ADP 001 to 005) | 006 | 0 | 0 | |||||
| 1 Cash payments to suppliers | 007 | |||||||
| 2 Cash payments to employees | 008 | |||||||
| 3 Cash payments for insurance premiums | 009 | |||||||
| 4 Interest paid | 010 | |||||||
| 5 Income tax paid | 011 | |||||||
| 6 Other cash payments from operating activities | 012 | |||||||
| II Total cash payments from operating activities (ADP 007 to 012) | 013 | 0 | 0 | |||||
| A) NET CASH FLOW FROM OPERATING ACTIVITIES (ADP 006 + 013) | 014 | 0 | 0 | |||||
| Cash flow from investment activities | ||||||||
| 1 Cash receipts from sales of fixed tangible and intangible assets | 015 | |||||||
| 2 Cash receipts from sales of financial instruments | 016 | |||||||
| 3 Interest received | 017 | |||||||
| 4 Dividends received | 018 | |||||||
| 5 Cash receipts from the repayment of loans and deposits | 019 | |||||||
| 6 Other cash receipts from investment activities | 020 | |||||||
| III Total cash receipts from investment activities (ADP 015 to 020) | 021 | 0 | 0 | |||||
| 1 Cash payments for the purchase of fixed tangible and intangible assets |
022 | |||||||
| 2 Cash payments for the acquisition of financial instruments | 023 | |||||||
| 3 Cash payments for loans and deposits | 024 | |||||||
| 4 Acquisition of a subsidiary, net of cash acquired | 025 | |||||||
| 5 Other cash payments from investment activities | 026 | |||||||
| IV Total cash payments from investment activities (ADP 022 to 026) | 027 | 0 | 0 | |||||
| B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 021 + 027) |
028 | 0 | 0 | |||||
| Cash flow from financing activities | ||||||||
| 1 Cash receipts from the increase in initial (subscribed) capital | 029 | |||||||
| 2 Cash receipts the from issue of equity financial instruments and debt financial instruments |
030 | |||||||
| 3 Cash receipts from credit principals, loans and other borrowings | 031 | |||||||
| 4 Other cash receipts from financing activities | 032 | |||||||
| V Total cash receipts from financing activities (ADP 029 to 032) | 033 | 0 | 0 | |||||
| 1 Cash payments for the repayment of credit principals, loans andother borrowings and debt financial instruments |
034 | |||||||
| 2 Cash payments for dividends | 035 | |||||||
| 3 Cash payments for finance lease | 036 | |||||||
| 4 Cash payments for the redemption of treasury shares and decrease in | 037 | |||||||
| initial (subscribed) capital | ||||||||
| 5 Other cash payments from financing activities | 038 | |||||||
| VI Total cash payments from financing activities (ADP 034 to 038) | 039 | 0 | 0 | |||||
| C) NET CASH FLOW FROM FINANCING ACTIVITIES (ADP 033 +039) | 040 | 0 | 0 | |||||
| 1 Unrealised exchange rate differences in respect of cash and cash equivalents |
041 | |||||||
| D) NET INCREASE OR DECREASE IN CASH FLOWS (ADP 014 + 028 + 040 + 041) |
042 | 0 | 0 | |||||
| E) CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD |
043 | |||||||
| F) CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (042+043) |
044 | 0 | 0 |
| STATEMENT OF CHANGES IN EQUITY for the period from 1.1.2024 |
to 30.9.2024 | in EUR | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Attributable to owners of the parent | ||||||||||||||||||
| Item | ADP | Treasury shares and | Fair value of financial assets |
Hedge of a net | Exchange rate | Minority (non | Total capital and | |||||||||||
| code | Initial (subscribed) capital |
Capital reserves | Legal reserves | Reserves for treasury shares |
holdings (deductible item) |
Statutory reserves Other reserves | Revaluation reserves |
through other Cash flow hedge - comprehensive effective portion |
investment in a foreign operation - |
Other fair value reserves |
differences from translation of foreign |
Retained profit / loss brought forward |
Profit/loss for the business year |
Total attributable to owners of the parent |
controlling) interest |
reserves | ||
| income (available for sale) |
effective portion | operations | ||||||||||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 12 |
13 | 14 | 15 | 16 | 17 | 18 (3 to 6 - 7 + 8 to 17) |
19 | 20 (18+19) |
| Previous period 1 Balance on the first day of the previous business year |
01 | 2.523.914 | 11.174.704 | 964.576 | 106.178 | 0 | 0 | 6.061.338 | -5.114.264 | 3.522.057 | 19.238.503 | 19.238.503 | ||||||
| 2 Changes in accounting policies 3 Correction of errors |
02 03 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
|||||||||
| 4 Balance on the first day of the previous business year (restated) (ADP 01 to 03) | 04 | 2.523.914 | 11.174.704 | 964.576 | 106.178 | 0 | 0 | 0 6.061.338 |
0 | 0 | 0 0 |
0 -5.114.264 |
3.522.057 | 19.238.503 | 0 | 19.238.503 | ||
| 5 Profit/loss of the period | 05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 1.970.053 | 1.970.053 | 1.970.053 | |||
| 6 Exchange rate differences from translation of foreign operations | 06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| 7 Changes in revaluation reserves of fixed tangible and intangible assets | 07 | 0 | 0 | 0 | 0 | 0 | 0 | 0 -398.467 |
0 | 0 | 0 | 398.467 | 0 | 0 | ||||
| 8 Gains or losses from subsequent measurement of financial assets at fair value through other comprehensive income (available for sale) |
08 | 0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||||||
| 9 Profit or loss arising from effective cash flow hedge | 09 | 0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||||||
| 10 Profit or loss arising from effective hedge of a net investment in a foreign operation | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||||||
| 11 Share in other comprehensive income/loss of companies linked by virtue of | ||||||||||||||||||
| participating interests 12 Actuarial gains/losses on the defined benefit obligation |
11 | 0 | 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 | 0 0 |
|||||||||
| 13 Other changes in equity unrelated to owners | 12 13 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 0 |
0 | |||||||||
| 14 Tax on transactions recognised directly in equity | 14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| 15 Decrease in initial (subscribed) capital (other than arising from the pre-bankruptcy settlement procedure or from the reinvestment of profit) |
15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| 16 Decrease in initial (subscribed) capital arising from the pre-bankruptcy settlement | 16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| procedure | ||||||||||||||||||
| 17 Decrease in initial (subscribed) capital arising from the reinvestment of profit | 17 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| 18 Redemption of treasury shares/holdings 19 Payments from members/shareholders |
18 19 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
|||||||||
| 20 Payment of share in profit/dividend | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| 21 Other distributions and payments to members/shareholders | 21 | 0 | 0 0 |
176.103 0 |
0 0 |
0 0 |
0 0 |
3.345.954 | -3.522.057 | 0 | 0 0 |
|||||||
| 22 Transfer to reserves according to the annual schedule 23 Increase in reserves arising from the pre-bankruptcy settlement procedure |
22 23 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 0 |
0 | |||||||||
| 24 Balance on the last day of the previous business year reporting period (ADP 04 to 23) |
24 | 2.523.914 | 11.174.704 | 1.140.679 | 106.178 | 0 | 0 | 0 5.662.871 |
0 | 0 | 0 0 |
0 -1.369.843 |
1.970.053 | 21.208.556 | 0 | 21.208.556 | ||
| APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS) | ||||||||||||||||||
| I OTHER COMPREHENSIVE INCOME OF THE PREVIOUS PERIOD, NET OF TAX (ADP 06 to 14) |
25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 -398.467 |
0 | 0 | 0 0 |
0 398.467 |
0 | 0 | 0 | 0 | ||
| II COMPREHENSIVE INCOME OR LOSS FOR THE PREVIOUS PERIOD (ADP 05+25) |
26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 -398.467 |
0 | 0 | 0 0 |
0 398.467 |
1.970.053 | 1.970.053 | 0 | 1.970.053 | ||
| III TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 15 to 23) |
27 | 0 | 0 | 176.103 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 0 |
0 3.345.954 |
-3.522.057 | 0 | 0 | 0 | ||
| Current period | ||||||||||||||||||
| 1 Balance on the first day of the current business year | 28 | 2.523.910 | 11.174.708 | 1.140.679 | 106.178 | 0 | 0 | 5.662.872 | -1.369.843 | 1.970.053 | 21.208.557 | 21.208.557 | ||||||
| 2 Changes in accounting policies 3 Correction of errors |
29 30 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
|||||||||
| 4 Balance on the first day of the current business year (restated) (AOP 28 to 30) | 31 | 2.523.910 | 11.174.708 | 1.140.679 | 106.178 | 0 | 0 | 0 5.662.872 |
0 | 0 | 0 0 |
0 -1.369.843 |
1.970.053 | 21.208.557 | 0 | 21.208.557 | ||
| 5 Profit/loss of the period | 32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | 2.819.979 | 2.819.979 | 2.819.979 | |||
| 6 Exchange rate differences from translation of foreign operations | 33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| 7 Changes in revaluation reserves of fixed tangible and intangible assets | 34 | 0 | 0 | 0 | 0 | 0 | 0 | 0 -398.467 |
0 | 0 | 0 | 398.467 | 0 | 0 | ||||
| 8 Gains or losses from subsequent measurement of financial assets at fair value through other comprehensive income (available for sale) |
35 | 0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||||||
| 9 Profit or loss arising from effective cash flow hedge | 36 | 0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||||||
| 10 Profit or loss arising from effective hedge of a net investment in a foreign operation | 37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 0 |
0 | 0 | 0 | 0 | ||||||
| 11 Share in other comprehensive income/loss of companies linked by virtue of | ||||||||||||||||||
| participating interests 12 Actuarial gains/losses on the defined benefit obligation |
38 | 0 | 0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 | 0 0 |
|||||||||
| 13 Other changes in equity unrelated to owners | 39 40 |
0 0 |
0 | 0 | 0 | 0 | 0 | 0 0 |
0 | |||||||||
| 14 Tax on transactions recognised directly in equity 15 Decrease in initial (subscribed) capital (other than arising from the pre-bankruptcy |
41 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| settlement procedure or from the reinvestment of profit) | 42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| 16 Decrease in initial (subscribed) capital arising from the pre-bankruptcy settlement procedure |
43 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| 17 Decrease in initial (subscribed) capital arising from the reinvestment of profit | 44 | 0 | -3.500 | 0 | 3.500 | 0 | 0 | -3.500 | -3.500 | -3.500 | ||||||||
| 18 Redemption of treasury shares/holdings | 45 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| 19 Payments from members/shareholders 20 Payment of share in profit/dividend |
46 47 |
0 0 |
0 0 |
0 0 |
0 0 |
0 0 |
0 | 0 0 |
0 0 |
|||||||||
| 21 Other distributions and payments to members/shareholders | 48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||
| 22 Carryforward per annual plane 23 Increase in reserves arising from the pre-bankruptcy settlement procedure |
49 50 |
0 0 |
0 0 |
98.502 0 |
0 0 |
0 0 |
1.871.550 | -1.970.053 | -1 0 |
-1 0 |
||||||||
| 24 Balance on the last day of the current business year reporting period (ADP 31 | 51 | 2.523.910 | 11.171.208 | 1.239.181 | 109.678 | 0 | 0 | 0 5.264.405 |
0 | 0 | 0 0 |
0 896.674 |
2.819.979 | 24.025.035 | 0 | 24.025.035 | ||
| to 50) APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS) |
||||||||||||||||||
| I OTHER COMPREHENSIVE INCOME FOR THE CURRENT PERIOD, NET OF | ||||||||||||||||||
| TAX (ADP 33 to 41) | 52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 -398.467 |
0 | 0 | 0 0 |
0 398.467 |
0 | 0 | 0 | 0 | ||
| II COMPREHENSIVE INCOME OR LOSS FOR THE CURRENT PERIOD (ADP 32 do 52) |
53 | 0 | 0 | 0 | 0 | 0 | 0 | 0 -398.467 |
0 | 0 | 0 0 |
0 398.467 |
2.819.979 | 2.819.979 | 0 | 2.819.979 | ||
| III TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 42 to 50) |
54 | 0 | -3.500 | 98.502 | 3.500 | 0 | 0 | 0 0 |
0 | 0 | 0 0 |
0 1.868.050 |
-1.970.053 | -3.501 | 0 | -3.501 | ||
NOTES TO FINANCIAL STATEMENTS - TFI (drawn up for quarterly reporting periods)
Name of the issuer: _______________________________________________________
Personal identification number (OIB): ________________________________________________________
Reporting period: _____________________________________________
Notes to financial statements for quarterly periods include:
a) explanation of business events relevant to understanding changes in the statement of financial position and financial performance for the reporting semi-annual period of the issuer with respect to the last business year: information is provided regarding these events and relevant information published in the last annual financial statement is updated (items 15 to 15C IAS 34 - Interim financial reporting)
b) information on the access to the latest annual financial statements, for the purpose of understanding information published in the notes to financial statements drawn up for the semi-annual reporting period
c) a statement explaining that the same accounting policies are applied while drawing up financial statements for the semi-annual reporting period as in the latest annual financial statements or, in the case where the accounting policies have changed, a description of the nature and effect of the changes (item 16.A (a) IAS 34 - Interim financial reporting)
d) a description of the financial performance in the case of the issuer whose business is seasonal (items 37 and 38 IAS 34 - Interim financial reporting)
e) other comments prescribed by IAS 34 - Interim financial reporting
f) in the notes to quarterly periods financial statements, in addition to the information stated above, information in respect of the following matters shall be disclosed: 1. undertaking's name, registered office (address), legal form, country of establishment, entity's registration number and, if applicable, the indication whether the undertaking is undergoing liquidation, bankruptcy proceedings, shortened termination proceedings or extraordinary administration
-
adopted accounting policies (only an indication of whether there has been a change from the previous period)
-
the total amount of any financial commitments, guarantees or contingencies that are not included in the balance sheet, and an indication of the nature and form of any valuable security which has been provided; any commitments concerning pensions of the undertaking within the group or company linked by virtue of participating interest shall be disclosed separately
-
the amount and nature of individual items of income or expenditure which are of exceptional size or incidence
-
amounts owed by the undertaking and falling due after more than five years, as well as the total debts of the undertaking covered by valuable security furnished by the undertaking, specifying the type and form of security
-
average number of employees during the financial year
-
where, in accordance with the regulations, the undertaking capitalised on the cost of salaries in part or in full, information on the amount of the total cost of employees during the year broken down into the amount directly debiting the costs of the period and the amount capitalised on the value of the assets during the period, showing separately the total amount of net salaries and the amount of taxes, contributions from salaries and contributions on salaries
-
where a provision for deferred tax is recognised in the balance sheet, the deferred tax balances at the end of the financial year, and the movement in those balances during the financial year
-
the name and registered office of each of the undertakings in which the undertaking, either itself or through a person acting in their own name but on the undertaking's behalf, holds a participating interest, showing the proportion of the capital held, the amount of capital and reserves, and the profit or loss for the latest financial year of the undertaking concerned for which financial statements have been adopted; the information concerning capital and reserves and the profit or loss may be omitted where the undertaking concerned does not publish its balance sheet and is not controlled by another undertaking
-
the number and the nominal value or, in the absence of a nominal value, the accounting par value of the shares subscribed during the financial year within the limits of the authorised capital
-
the existence of any participation certificates, convertible debentures, warrants, options or similar securities or rights, with an indication of their number and the rights they confer
-
the name, registered office and legal form of each of the undertakings of which the undertaking is a member having unlimited liability
-
the name and registered office of the undertaking which draws up the consolidated financial statements of the largest group of undertakings of which the undertaking forms part as a controlled group member
-
the name and registered office of the undertaking which draws up the consolidated financial statements of the smallest group of undertakings of which the undertaking forms part as a controlled group member and which is also included in the group of undertakings referred to in point 13
-
the place where copies of the consolidated financial statements referred to in points 13 and 14 may be obtained, provided that they are available
-
the nature and business purpose of the undertaking's arrangements that are not included in the balance sheet and the financial impact on the undertaking of those arrangements, provided that the risks or benefits arising from such arrangements are material and in so far as the disclosure of such risks or benefits is necessary for the purposes of assessing the financial position of the undertaking
-
the nature and the financial effect of material events arising after the balance sheet date which are not reflected in the profit and loss account or balance sheet
Notes to the unconsolidated report for the twelve months period ended 31 December 2024
1. The company that is the subject of reporting
GRANOLIO d.d. ("The Company") is a joint-stock company registered with the Commercial Court of Zagreb, Croatia.
The Company's tax number (OIB) is 59064993527, and its registration number (MBS) 080111595. The Company's headquarter is located in Zagreb at Budmanijeva 5.
The Company has General Assembly, Supervisory Board and Management Board.
2. Basis of preparation of financial statements and significant accounting policies
The same accounting policies are applied when preparing the financial statements for previous periods as in the last quarterly financial report.
3. Financial liabilities, guarantees or contingencies not included in the balance sheet
Guarantees and co-debts on loans were given to members of the group Zdenka-mliječni proizvodi d.o.o. on loans that amounted to EUR 2.380.665 as at 31 December 2024.
4. The amount and nature of individual items of income or expense of exceptional size or occurrence
There was no revenue nor expenditure of extraordinary size or occurrence.
5. Liabilities maturing after more than five years and debts covered by valuables
insurance provided by the Company
| Loans and leasings received | |||
|---|---|---|---|
| -- | -- | -- | ----------------------------- |
| Loans and leasings received | 000 eur | ||||||
|---|---|---|---|---|---|---|---|
| 31. Dec. 2024. |
31. Dec. 2025. |
31.12.2026 | 31.12.2027 | 31.12.2028 | 31.12.2029 | od 2030. |
|
| Loans received from banks | 7.386 | 1.254 | 1.254 | 1.254 | 1.353 | 1.154 | 1.119 |
| Loans received from third parties | 2.674 | 2.409 | 265 | - | - | ||
| Leaising | 53 | 35 | 18 | - | - | - | - |
| 10.113 | 3.698 | 1.537 | 1.254 | 1.353 | 1.154 | 1.119 |
Loans received from banks are secured by mortgage on asset, bills of exchange and promissory notes.
| Liabilities for securities | 000 eur | ||||||
|---|---|---|---|---|---|---|---|
| 31. Dec. | 31. Dec. | 31.12.2026 | 31.12.2027 | 31.12.2028 | 31.12.2029 | od | |
| 2024. | 2025. | 2030. | |||||
| Liabilities for securities | 665 | 166 | 166 | 166 | 166 | - | - |
| 665 | 166 | 166 | 166 | 166 | - | - |
Liabilities under securities are secured by bills of exchange and promissory notes
6. Average number of employees during the business year
Average number of employees during the current period based on working hours amounted to 177 (in the twelve-month period of 2023: 163 employees).
7. Capitalized salary cost during the year
The Company did not capitalize the cost of salaries in the business year.
8. Deferred taxes
| 31 December 2024 | |||
|---|---|---|---|
| Balance 1 January 2024 | 1.331 | ||
| Decrease | (175) | ||
| Balance 31 Dec 2024 | 1.156 |
- Name and registered office of each company in which the issuer, either alone or through a person acting in its own name but on behalf of the issuer, holds a participating interest, stating the amount of capital held, the amount of total capital and reserves, and profit or loss
Zdenačka farma d.o.o.,Mate Lovraka 118/b, Veliki Zdenci, OIB 35460243768
Zdenka-mliječni proizvodi d.o.o.,Trg kralja Tomislava 15, OIB 45651553790
| Investments as at 31 December 2024 | EUR '000 | ||
|---|---|---|---|
| Result for the | |||
| Share in Equity | Total Equity | period | |
| ZDENAČKA FARMA d.o.o. | 3.918 | 3.514 | 461 |
| ZDENKA -MLIJEČNI PROIZVODI d.o.o. | 3.414 | 5.019 | 1.409 |
- Number and nominal value of shares subscribed during the business year within the authorized capital
The company had no subscription of shares.
- Existence of any certificates of participation, convertible debentures, guarantees, options or similar securities or rights, indicating their number and the rights conferring The Group has no certificates of participation, convertible debentures, guarantees, options or similar securities or rights.
The company has no certificates.
- Name, registered office and legal form of each company in which the issuer has unlimited liability The Group has no stake in companies with unlimited liability.
The company holds 100% of the company Zdenačka farma d.o.o., Veliki Zdenci, Mate Lovraka 118 / b, OIB 35460243768.
- Name and registered office of the company compiling the quarterly consolidated financial statements of the largest group of companies in which the issuer participates as a controlled member of the group The company is the ultimate parent and is not a controlled member of another group.
The company compiles quarterly consolidated financial statements which are published on the Zagreb Stock Exchange, Hanfa and the company's website www.granolio.hr.
- Name and registered office of the company compiling the annual consolidated financial statements of the smallest group of companies in which the issuer participates as a controlled member and which is also included in the group of companies referred to in point 13.
The company is the ultimate parent and is not a controlled member of another group.
15. The place where copies of the quarterly consolidated financial statements referred to in points 13 and 14 can be obtained.
The company prepares quarterly non-consolidated and consolidated financial statements which are published on the Zagreb Stock Exchange, Hanfia and the company's website www.granolio.hr.
16. Nature and business purpose of arrangements of companies not included in the balance sheet and financial impact of those arrangements on the issuer, provided that the risks or rewards of such arrangements are material and to the extent that disclosure of such risks or rewards is necessary to assess the issuer's financial condition
The Company has no material arrangements with companies that are not included in the presented unconsolidated financial statements.
17. Nature and financial impact of significant events that occurred after the balance sheet date and were not reflected in the income statement or balance sheet
There were no significant events after the balance sheet date.
