Fastned B.V. — Audit Report / Information 2023

Apr 2, 2024

Calculation Report

[0000001] Statement of comprehensive income, profit or loss, by function of expense (Statement)

01/01/2023 - 12/31/2023 in thousands

Finance costs	debit -
Profit (loss) from operating activities	credit +
Impairment loss (impairment gain and reversal of impairment loss) determined in accordance with IFRS 9	debit -
Finance income	credit +
Profit (loss) before tax	credit =
Relationship Value

01/01/2022 - 12/31/2022 in thousands

Finance costs	- 9,624
Profit (loss) from operating activities	(12,108)
Impairment loss (impairment gain and reversal of impairment loss) determined in accordance with IFRS 9	(25)
Finance income	2,821
Profit (loss) before tax	(18,886)
Relationship Value	(18,886)

01/01/2023 - 12/31/2023 in thousands

Revenue	credit +
Cost of sales	debit -
Gross profit	credit =
Relationship Value

01/01/2022 - 12/31/2022 in thousands

Revenue	60,514
Cost of sales	15,615
Gross profit	44,899
Relationship Value	44,899

01/01/2023 - 12/31/2023 in thousands

Profit (loss) before tax	credit +
Tax expense (income)	debit -
Profit (loss)	credit =
Relationship Value

01/01/2022 - 12/31/2022 in thousands

Profit (loss) before tax	(18,886)
Tax expense (income)	364
Profit (loss)	(19,250)
Relationship Value	(19,250)

01/01/2023 - 12/31/2023 in thousands

Other operating income (expense)	credit +
Selling expense	debit -
Miscellaneous other operating expense	debit -
Gross profit	credit +
General and administrative expense	debit -
Profit (loss) from operating activities	credit =
Relationship Value

01/01/2022 - 12/31/2022 in thousands

Other operating income (expense)	(556)
Selling expense	11,627
Miscellaneous other operating expense	11,720
Gross profit	44,899
General and administrative expense	33,104
Profit (loss) from operating activities	(12,108)
Relationship Value	(12,108)

01/01/2023 - 12/31/2023 in thousands

Profit (loss)	credit +
Profit (loss), attributable to owners of parent	credit =
Relationship Value

01/01/2022 - 12/31/2022 in thousands

Profit (loss)	(19,250)
Profit (loss), attributable to owners of parent	(19,250)
Relationship Value	(19,250)

[0000002] Statement of comprehensive income, OCI components presented net of tax (Statement)

Components of equity [axis] Equity attributable to owners of parent [member] Components of equity [axis] Retained earnings [member] Components of equity [axis] Equity attributable to owners of parent [member] Components of equity [axis] Retained earnings [member]

01/01/2023 - 12/31/2023 in thousands

Other comprehensive income	credit +
Profit (loss)	credit +
Comprehensive income	credit =
Relationship Value

01/01/2022 - 12/31/2022 in thousands

Other comprehensive income	638	638	638
Profit (loss)	(19,250)	(19,250)	(19,250)
Comprehensive income	(18,612)	(18,612)	(18,612)
Relationship Value	(18,612)	(18,612)	(18,612)

01/01/2023 - 12/31/2023 in thousands

Other comprehensive income that will be reclassified to profit or loss, net of tax	credit +
Other comprehensive income, net of tax, exchange differences on translation of foreign operations	credit +
Other comprehensive income	credit =
Relationship Value

01/01/2022 - 12/31/2022 in thousands

Other comprehensive income that will be reclassified to profit or loss, net of tax	0
Other comprehensive income, net of tax, exchange differences on translation of foreign operations	638
Other comprehensive income	638
Relationship Value	638

[0000003] Statement of financial position, current/non-current (Statement)

12/31/2023 in thousands

Trade and other current payables	credit +
Current lease liabilities	credit +
Other current borrowings and current portion of other non-current borrowings	credit +
Current liabilities	credit =
Relationship Value

12/31/2022 in thousands

Trade and other current payables	15,560
Current lease liabilities	2,168
Other current borrowings and current portion of other non-current borrowings	16,963
Current liabilities	34,691
Relationship Value	34,691

12/31/2023 in thousands

Trade and other current receivables	debit +
Current financial assets	debit +
Current prepayments	debit +
Current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners	debit +
Cash and cash equivalents	debit +
Current assets	debit =
Relationship Value

12/31/2022 in thousands

Trade and other current receivables	12,355
Current financial assets	2,020
Current prepayments	7,002
Current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners	94
Cash and cash equivalents	126,604
Current assets	148,075
Relationship Value	148,075

12/31/2023 in thousands

Non-current portion of non-current borrowings	credit +
Non-current provisions	credit +
Non-current deferred income other than non-current contract liabilities	credit +
Non-current lease liabilities	credit +
Non-current liabilities	credit =
Relationship Value

12/31/2022 in thousands

Non-current portion of non-current borrowings	144,037
Non-current provisions	13,316
Non-current deferred income other than non-current contract liabilities	234
Non-current lease liabilities	19,076
Non-current liabilities	176,663
Relationship Value	176,663

12/31/2023 in thousands

Equity	credit +
Liabilities	credit +
Equity and liabilities	credit =
Relationship Value

12/31/2022 in thousands

Equity	146,185
Liabilities	211,354
Equity and liabilities	357,539
Relationship Value	357,539

12/31/2023 in thousands

Current assets	debit +
Non-current assets	debit +
Assets	debit =
Relationship Value

12/31/2022 in thousands

Current assets	148,075
Non-current assets	209,464
Assets	357,539
Relationship Value	357,539

12/31/2023 in thousands

Current liabilities	credit +
Non-current liabilities	credit +
Liabilities	credit =
Relationship Value

12/31/2022 in thousands

Current liabilities	34,691
Non-current liabilities	176,663
Liabilities	211,354
Relationship Value	211,354

12/31/2023 in thousands

Non-current financial assets	debit +
Property, plant and equipment	debit +
Right-of-use assets	debit +
Intangible assets other than goodwill	debit +
Non-current assets	debit =
Relationship Value

12/31/2022 in thousands

Non-current financial assets	1,400
Property, plant and equipment	185,991
Right-of-use assets	19,569
Intangible assets other than goodwill	2,504
Non-current assets	209,464
Relationship Value	209,464

12/31/2023 in thousands

Issued capital	credit +
Statutory reserve	credit +
Share premium	credit +
Retained earnings	credit +
Equity attributable to owners of parent	credit =
Relationship Value

12/31/2022 in thousands

Issued capital	193
Statutory reserve	653
Share premium	247,172
Retained earnings	(101,821)
Equity attributable to owners of parent	146,197
Relationship Value	146,197

12/31/2023 in thousands

Equity attributable to owners of parent	credit +
Non-controlling interests	credit +
Equity	credit =
Relationship Value

12/31/2022 in thousands

Equity attributable to owners of parent	146,197
Non-controlling interests	(12)
Equity	146,185
Relationship Value	146,185

[0000004] Statement of changes in equity (Statement)

Components of equity [axis] Equity attributable to owners of parent [member] Components of equity [axis] Retained earnings [member] Components of equity [axis] Equity attributable to owners of parent [member] Components of equity [axis] Retained earnings [member]

01/01/2023 - 12/31/2023 in thousands

Other comprehensive income	credit +
Profit (loss)	credit +
Comprehensive income	credit =
Relationship Value

01/01/2022 - 12/31/2022 in thousands

Other comprehensive income	638	638	638
Profit (loss)	(19,250)	(19,250)	(19,250)
Comprehensive income	(18,612)	(18,612)	(18,612)
Relationship Value	(18,612)	(18,612)	(18,612)

[0000005] Statement of cash flows, indirect method (Statement)

01/01/2023 - 12/31/2023 in thousands

Proceeds from issuing shares	debit +
Payments of lease liabilities, classified as financing activities	credit -
Proceeds from borrowings, classified as financing activities	debit +
Proceeds (Repayments) Of Advances Made To Other Parties, Classified As Financing Activities	debit +
Payments for share issue costs	credit -
Share Premiums Received	debit +
Cash flows from (used in) financing activities	debit =
Relationship Value

01/01/2022 - 12/31/2022 in thousands

Proceeds from issuing shares	1
Payments of lease liabilities, classified as financing activities	(1,889)
Proceeds from borrowings, classified as financing activities	55,024
Proceeds (Repayments) Of Advances Made To Other Parties, Classified As Financing Activities	(6,930)
Payments for share issue costs	0
Share Premiums Received	925
Cash flows from (used in) financing activities	47,131
Relationship Value	47,131

01/01/2023 - 12/31/2023 in thousands

Cash flows from (used in) financing activities	debit +
Effect of exchange rate changes on cash and cash equivalents	debit +
Cash flows from (used in) operating activities	none +
Cash flows from (used in) investing activities	debit +
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes	debit =
Relationship Value

01/01/2022 - 12/31/2022 in thousands

Cash flows from (used in) financing activities	47,131
Effect of exchange rate changes on cash and cash equivalents	(86)
Cash flows from (used in) operating activities	(3,141)
Cash flows from (used in) investing activities	(66,838)
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes	(22,934)
Relationship Value	(22,934)

01/01/2023 - 12/31/2023 in thousands

Interest received, classified as operating activities	debit +
Adjustments To Increase (Decrease) In Interest Payable	debit +
Adjustments for increase (decrease) in deferred income other than contract liabilities	debit +
Income taxes paid (refund), classified as operating activities	credit -
Adjustments for share-based payments	debit +
Adjustments To Increase (Decrease) In Interest Receivable	credit -
Profit (loss) before tax	credit +
Adjustments for impairment loss (reversal of impairment loss) recognised in profit or loss	debit +
Interest paid, classified as operating activities	credit -
Adjustments for losses (gains) on disposal of non-current assets	debit +
Adjustments for increase (decrease) in trade and other payables	debit +
Other adjustments for non-cash items	debit +
Adjustments for decrease (increase) in trade and other receivables	debit +
Adjustments for depreciation and amortisation expense	debit +
Adjustments for provisions	debit +
Cash flows from (used in) operating activities	none =
Relationship Value

01/01/2022 - 12/31/2022 in thousands

Interest received, classified as operating activities	2,702
Adjustments To Increase (Decrease) In Interest Payable	8,638
Adjustments for increase (decrease) in deferred income other than contract liabilities	(80)
Income taxes paid (refund), classified as operating activities	0
Adjustments for share-based payments	3,238
Adjustments To Increase (Decrease) In Interest Receivable	(2,810)
Profit (loss) before tax	(18,886)
Adjustments for impairment loss (reversal of impairment loss) recognised in profit or loss	(25)
Interest paid, classified as operating activities	(9,115)
Adjustments for losses (gains) on disposal of non-current assets	556
Adjustments for increase (decrease) in trade and other payables	1,890
Other adjustments for non-cash items	0
Adjustments for decrease (increase) in trade and other receivables	(5,832)
Adjustments for depreciation and amortisation expense	16,663
Adjustments for provisions	(80)
Cash flows from (used in) operating activities	(3,141)
Relationship Value	(3,141)

01/01/2023 - 12/31/2023 in thousands

Proceeds from sales of property, plant and equipment, classified as investing activities	debit +
Purchase of property, plant and equipment, classified as investing activities	credit -
Cash flows from (used in) investing activities	debit =
Relationship Value

01/01/2022 - 12/31/2022 in thousands

Proceeds from sales of property, plant and equipment, classified as investing activities	0
Purchase of property, plant and equipment, classified as investing activities	(66,838)
Cash flows from (used in) investing activities	(66,838)
Relationship Value	(66,838)