Altur S.A.

Earnings Release • Feb 28, 2025

ALTUR S.A. FINANCIAL RESULTS PRELIMINARY For the financial year ended 31 December 2024

NOTE

The preliminary financial results presented are reported in accordance with the Order of the Minister of Public Finance no.2844 / 2016, which is in line with the International Financial Reporting Standards (IFRS) adopted by the European Union. The preliminary financial results presented at this date have not been audited.

Situation of the financial position for the financial year ended December 31, 2024

	31 December	31 December
	2023	2024
ASSETS	RON	RON
Intangible assets	–	–
Tangible assets	58,339,9352	54,945,974
Titles at fair value through profit or loss	–	–
Rights of use of assets in leasing	2,100,415	1,755,779
Non-current assets	731,500	731,500
TOTAL Fixes Assets	61,171,850	57,433,253
Current assets
Stocks	27,291,654	21,768,883
Commercial and similar receivables	22,955,698	21,757,710
Expenses registered in advance	–	23,292
Cash and cash equivalents	3,954,992	2,421,882
TOTAL CURRENT ASSETS	54,202,344	45,971,767
TOTAL ASSETS	112, 469, 540 115,374,194	103,405,020
OWN CAPITAL AND LIABILITIES
Personal capital
Total Social Capital, out of which:	30,600,574	30,600,574
- Subscribed capital	30,600,574	30,600,574
- Adjustments of share capital	–	–
Prime capital	(1,101,122)	(1,101,122)
Legal reserve and other capital reserves	2,133,766	2,133,766
Revaluation reserves	43,881,846	43,881,846
Reported result	(13,127,985)	(12,617,438)
Total equity	62,387,079	62,897,626
Long-term debt
Loans and interest-bearing loans	1,752,007	6,963,896
Loans from bond issues	10,233,337	5,254,197
Subsidies	–	4,961,846
Deferred tax liabilities	1,038,881	950,759
Provisions	913,179	464,278
Current debts
Commercial and similar debts	22,760,234	11,701,289
Loans and interest-bearing loans	16,289,477	10,211,129
Profit tax on payment	- 112,469,540	-
Total equity and debt	115,374,194	103,405,020

Chairman of the Board of Directors/General Manager

Ec. Burcă Sergiu

Chief financial officer Ec. Popescu Mioara Luminița

SITUATION OF THE GLOBAL RESULT AT 31 DECEMBER 2024

	Year ended 31 December 2023 RON	Year ended 31 December 2024 RON
Sale of goods	130,080,953	104,430,539
Service provision	204	144,329
Rental income	123,708	134,965
Turnover	130,204,865	104,709,833
Other operating revenues	3,759,344	2,181,230
Changes in stocks of finished goods and production
in progress	2,598,357	(2,400,881)
TOTAL REVENUE FROM THE OPERATIONS	136,562,566	104,490,182
Expenditure on raw materials and consumables	68,553,510	52,482,642
Employee Benefits Expenditures	30,460,421	29,565,598
Expenses with amortization of fixed assets	5,585,025	6,113,502
Depreciation costs of fixed assets	152,554	(933,446)
Adjustments to provisions	–	–
Utilities expenses	13,476,864	8,398,323
Other expenses	7,255,301	5,747,989
TOTAL EXPENDITURE	125,483,675	101,374,608
PROFIT / (LOSS OF OPERATION)	11,078,891	3,115,574
Financial Income	764,535	203,873
Financial costs	3,497,547	2,238,051
FINANCIAL PROFIT / (LOSS)	(2,733,012)	(2,034,178)
TOTAL INCOME	137,327,101	104,694,055
TOTAL EXPENSES	128,981,222	103,612,659
PROFIT / LOSS () GROSS (A)	8,345,879	1,081,396
Profit tax expense	-	-
Income from deferred tax	53,580	53,580
HE PROFIT/LOSS()OF THE FINANCIAL YEAR	8,399,459	1,134,976
TOTAL GLOBAL OUTPUT FOR THE PERIOD	8,399,459	1,134,976
BASIC RESULT/ DILUTED PER SHARE	0,027	0,003

Chairman of the Board of Directors/General Manager Ec. Burcă Sergiu