K + G Complex Public Company LTD

Interim Report • Sep 16, 2025

K+G COMPLEX PUBLIC COMPANY LIMITED

Interim Condensed Consolidated Financial Statements

For the period from 1 January 2025 to 30 June 2025

Interim condensed consolidated statement of profit or loss and other comprehensive income for the period from 1 January 2025 to 30 June 2025

	30 June 2025 Unaudited €000	30 June 2024 Unaudited €000
Administrative expenses Other income	(106) 10 ____	(70) 98 ____
Operating (loss)/profit	(96)	28
Share of profit of investment in associate companies	1.497	862
Profit before tax	____ 1.401	____ 890
Tax	14	-
Profit for the period	_ 1.415 _	_ 890 _
Other comprehensive income
Share of movement of reserves of associate companies	3	9
Total comprehensive income for the period	____ 1.418 ==========	____ 899 ==========
Profit per share attributable to the shareholders of the Company (cent per share):
- Basic and fully distributed	1,10 ==========	0,69 ==========

Interim condensed consolidated balance sheet at 30 June 2025

	30 June 2025	31 December 2024
	Unaudited €000	Audited €000
Assets
Non-current assets
Investments in associate companies	114.147 _____	112.647 _____
	114.147 _____	112.647 _____
Current assets
Inventories	300	300
Financial assets at amortised cost Cash and cash equivalents	59 755	54 885
	_____ 1.114	_____ 1.239
Total Assets	_____ 115.261	_____ 113.886
Equity and liabilities	===========	===========
Capital and reserves Share Capital	10.287	10.287
Reserve of changes in equity of associates	546	543
Retained Earnings	103.237	102.594
Total Equity	_____ 114.070	_____ 113.424
Current liabilities	_____	_____
Trade and other payables	419	462
Dividends payable	772 _____	- _____
	1.191 _____	462 _____
Total Liabilities	1.191 _____	462 _____
Total Equity and Liabilities	115.261	113.886
	===========	===========

Interim condensed consolidated statement of changes in equity for the period from 1 January 2025 to 30 June 2025

	Share capital €000	Share premium €000	Reserve arising on translation of share capital into Euros €000	Reserve of changes in equity of associates €000	Retained earnings €000	Total €000
Six months until 30 June 2025
Balance at 1 January 2025	10.287 ___	- ___	- ___	543 ____	102.594 ___	113.424 ___
Profit for the period	-	-	-	-	1.415	1.415
Other comprehensive income Share of reserves of associate companies	___ -	___ -	___ -	____ 3	___ -	___ 3
Total other comprehensive income	___ -	___ -	___ -	____ 3	___ -	___ 3
Total comprehensive income for the period	___ -	___ -	___ -	____ 3	___ 1.415	___ 1.418
Transactions with Company's owners Dividends declared from the profits of 2023	___ -	___ -	___ -	____ -	___ (772)	___ (772)
	___	___	___	____	___	___
Total transactions with Company's owners	-	-	-	-	(772)	(772)
Balance at 30 June 2025 (unaudited)	___ 10.287 =========	___ - =========	___ - =========	____ 546 ==========	___ 103.237 =========	___ 114.070 =========
Six months until 30 June 2024
Balance at 1 January 2024	21.860 ___	1.757 ___	86 ___	534 ____	101.976 ___	126.213 ___
Profit for the period	-	-	-	-	890	890
Other comprehensive income Share of reserves of associate companies	___ -	___ -	___ -	____ 9	___ -	___ 9
Total other comprehensive income	___ -	___ -	___ -	____ 9	___ -	___ 9
Total comprehensive income for the period	___ -	___ -	___ -	____ 9	___ 890	___ 899
Transactions with Company's owners Dividends declared from the profits of	___	___	___	____	___	___
2022 Reduction of share capital and share premium	- (11.573)	- (1.757)	- (86)	- -	(501) -	(501) (13.416)
Total transactions with Company's owners	___ (11.573)	___ (1.757)	___ (86)	____ -	___ (501)	___ (13.917)
Balance at 30 June 2024 (unaudited)	___ 10.287 =========	___ - =========	___ - =========	____ 543 ==========	___ 102.365 =========	___ 113.195 =========

Interim condensed consolidated statement of cash flows for the period from 1 January 2025 to 30 June 2025

	30 June 2025 Unaudited	30 June 2024 Unaudited
Cash flows from operating activities	€000	€000
Cash used in operations	(132)	(48)
Net cash used in operating activities	_ (132) _	_ (48) _
Cash flows from investing activities
Interest received Loans granted to related parties	3 -	- (5)
Net cash used from/(in) investing activities	_ 3 _	_ (5) _
Cash flows from financing activities
Cash paid for capital reduction and share premium reserve	-	(2.173)
Net cash used in financing activities	____ -	____ (2.173)
Net decrease in cash and cash equivalents	____ (129)	____ (2.226)
Cash and cash equivalents at the beginning of the period	885	2.456
Cash and cash equivalents at the end of the period	____ 755 ==========	____ 230 ==========