Opap S.A.

Annual / Quarterly Financial Statement • Oct 30, 2025

Statement of Financial Position

Amounts in thousands of euro	COMPANY
	30.09.2025	31.12.2024
ASSETS
Non - current assets
Intangible assets	551,209	605,288
Property, plant and equipment	29,767	34,759
Right-of-use assets	19,502	20,187
Investment properties	2,180	2,184
Investments in subsidiaries	661,412	446,412
Trade receivables	601	1,446
Other non - current assets	44,423	42,318
Total non - current assets	1,309,095	1,152,593
Current assets
Inventories	2,195	2,773
Trade receivables	19,636	31,325
Other current assets	37,618	31,482
Cash and cash equivalents	378,192	139,494
Total current assets	437,641	205,074
Total Assets	1,746,736	1,357,667
EQUITY & LIABILITIES
Equity
Share capital	111,019	111,019
Share premium	12,966	12,966
Reserves	37,211	37,006
Treasury shares	(159,842)	(159,842)
Retained earnings	272,696	400,549
Total equity	274,051	401,699
Non-current liabilities
Borrowings	308,425	567,611
Lease liabilities	13,375	14,767
Deferred tax liability	42,340	44,232
Employee benefit plans	3,854	6,179
Other non-current liabilities	31,380	10,851
Total non-current liabilities	399,374	643,640
Current liabilities
Borrowings	628,529	75,711
Lease liabilities	6,687	6,397
Trade payables	83,932	94,561
Employee benefit plans	4,234	-
Provisions	3,334	3,567
Current income tax liabilities	72,538	57,462
Other current liabilities	274,058	74,629
Total current liabilities	1,073,311	312,328
Total liabilities	1,472,685	955,967
Total Equity & Liabilities	1,746,736	1,357,667