Institut IGH d.d.

Quarterly Report • Oct 30, 2024

Ordinary share IGH-R-A. ISIN HRIGH0RA0006 Listed on the official market of the Zagreb Stock Exchange Share IGH-R-D, ISIN HRIGHORD0003 Not listed on the official market of the Zagreb Stock Exchange Home Member State: Croatia LEI mark: 74780000W0UQ8MF2FU71

ZAGREB STOCK EXCHANGE Ivana Lučića 2a 10000 Zagreb

HANFA Miramarska 24b 10000 Zagreb

HINA ots@hina.hr

Zagreb, October 30, 2024

Subject: Statement of the Management Board on the responsibility for preparing financial reports for the Group Institut IGH, JSC

The Company's Management Board has to ensure that the Group's unaudited financial reports for the accounting period from January to September 2024 are prepared in accordance with the Accountancy Law (Official Gazette 78/15, 133/15, 120/16) and International Financial Reporting Standards as adopted by the European Union, so that these documents provide a true and unbiased picture of the Group's financial standing, business results, change in capital, and cash flow for the period under consideration.

After making due enquiries, the Management Board has a reasonable expectation that the Group has adequate resources to continue operation in the foreseeable future. Accordingly, the Group has prepared its financial reports under assumption that the Group will continue operating for an unlimited period of time.

During preparation of financial reports, the Management Board is responsible:

• · for the selection and, thereafter, for consistent use of appropriate accounting policies;
• · for giving reasonable and sensible assessments and estimates;
• · for applying valid financial reporting standards and for making public and explaining every materially significant discrepancy discovered in financial reports;
• for preparing financial reports under assumption of an unlimited period of operation, except in cases when such assumption is inappropriate.

The Management Board is responsible for keeping proper accountancy records that will depict, to an acceptable level of accuracy, the financial standing and business results of the Group, in full compliance with the Accountancy Law and International Financial Reporting Standards issued by the International Accounting Standards Board (IASB). The Management Board is also responsible for protecting and safeguarding the Group's assets, and hence for undertaking every measure it deems necessary to prevent and discover cases of fraud and other illegal activity.

SWIFT code: HPBZHR2X

Signed on the behalf of the Management Board Robert Petrosian, President of the Management

NE +385 1011 612 51 FAX +385 (0)1 612 54 0 EMAIL Igh@igh. WEB WWw.ich.

No of issued shares: : IGH 1,481,463 al snare value EUR 10

ant of the Sunervis

Zagreb, October 30, 2024

Subject: in the period from January 1 to September 30 2024.

Institut IGH d.d.

In the period from January to September 2024, Institut IGH d.d operated with revenue amounting to EUR 15,090 million. Operating expenses are (excluding amortization) amount to EUR 12,806 million.

After the amortization cost in the amount of EUR 1,616 milion, negative effect of interest and exchange rate differences in the amount of EUR 158 thousands, Institut IGH d.d operated at a profit amounting EUR 511 thousands.

The Company actively implements the policy of increasing liquidity and shortening the period of settlement of liabilities to suppliers and subcontractors of the Company, and the collection of overdue receivables within the agreed deadlines.

The company's activities are aimed at opening representative offices in new markets (Egypt, Armenia, Hungary, Italy) where new infrastructure projects of importance are expected in these markets.

The Company continues to fulfill the set short-term activity plan, improve and further digitize business processes, and invest in new areas of activities such as research and development, waste management, and expansion of already started ones such as BIM.

Between January 1 and September 30, 2024 the new contracts were contracted in total of EUR 9 million.

IGH Group

In the period from January to September 2024, IGH Group operated at a revenue amounting to EUR 15,160 million. Operating expenses (excluding amortization) amount to EUR 12,875 million.

After the amortization cost in the amount of EUR 1,616 milion, negative effect of interest and exchange rate differences in the amount of EUR 158 thausands, IGH Group operated at a gross profit amounting EUR 511 thousands.

The IGH Institute continues with further enhanced activities defined by the Strategic Development Plan until 2025, which plans additional investments and investments in projects of significant interest for the development of the Institute and the Group. In addition, the IGH Institute is focused on increasing Iabour productivity and efficient and efficient realization of projects.

With all the above and the company's human resources, activities in international markets aimed at

Rec. No .: 37502

INSTITUT IGH, d.d. 00 Zagren

HONE +385 (0)1 612 51 25 FAX +335 (0)1 612 54 0 EMAIL Igh@igh.hr WEB www.igh.hr

SWIFT code: HPBZHR

No of issued shares: : IGH 1,481,463 Nominal snare value EUR 10

UR 14.814

Part in ful

sustainable growth and development of the Company and Group are intensifying.

01

On behalf of the INSTITUT IGH, d.d.

Robert Petrosian President of the Management Board

Annex 1		ISSUER'S GENERAL DATA
Reporting period:		1.1.2024 30.9.2024 to
Year:		2024
Quarter:		3.
		Quarterly financial statements
egistration number (MB):	03750272	Issuer's home Member HR State code:
Entity's registration number (MBS):	080000959
Personal identification number (OIB):	79766124714	74780000W0UQ8MF2FU71 LEI:
Institution code:	1461
Name of the issuer: INSTITUT IGH d.d.
Postcode and town:	10000	Zagreb
treet and house number: Janka Rakuše 1
E-mail address: igh@igh.hr
	Web address: http://www.igh.hr
Number of employees (end of the reporting	354
Consolidated report:	KD	(KN-not consolidated/KD-consolidated)
Audited:	RN	(RN-not audited/RD-audited)
Names of subsidiaries (according to IFRS):		Registered office:	MB:
Bookkeeping firm:		(Yes/No) (name of the bookkeeping firm)
Contact person:
Telephone:		(only name and surname of the contact person)
E-mail address:
Audit firm:
Certified auditor:	(name of the audit firm)

BALANCE SHEET balance as at 30.09.2024.

DI ID BI ID

Submitter: INSTITUT IGH D.D.			in EUR
Item		Last day of the preceding business year	At the reporting date of the current period
1	2	3	4
A) RECEIVABLES FOR SUBSCRIBED CAPITAL UNPAID	001	0	0
B) FIXED ASSETS (ADP 003+010+020+031+036)	002	10.236.218	9.812.502
I INTANGIBLE ASSETS (ADP 004 to 009)	003	20.291	13.850
1 Research and development 2 Concessions, patents, licences, trademarks, software and other	004	0	0
rights	005	11.512	0
3 Goodwill	006	4.280	4.280
4 Advances for the purchase of intangible assets	007	0	0
5 Intangible assets in preparation	008	4.499	9.570
6 Other intangible assets	009	0	0
II TANGIBLE ASSETS (ADP 011 to 019)	010	8.049.923	7.521.655
1 Land	011	1.255.361	793.256
2 Buildings	012	1.316.696	1.102.169
3 Plant and equipment	013	4.547.207	4.489.818
4 Tools, working inventory and transportation assets	014	775.333	924.208
5 Biological assets	015	0	0
6 Advances for the purchase of tangible assets	016	42.424	42.424
7 Tangible assets in preparation	017	39.631	96.508
8 Other tangible assets	018	40.424	40.424
9 Investment property	019	32.848	32.848
III FIXED FINANCIAL ASSETS (ADP 021 to 030)	020	2.002.789	2.117.351
1 Investments in holdings (shares) of undertakings within the group	021	0	0
2 Investments in other securities of undertakings within the group	022	0	0
3 Loans, deposits, etc. to undertakings within the group	023	0	0
4. Investments in holdings (shares) of companies linked by virtue of	024	1.985.533	1.985.533
participating interests
5 Investment in other securities of companies linked by virtue of	025	0	0
participating interests 6 Loans, deposits etc. to companies linked by virtue of participating
interests	026	0	0
7 Investments in securities	027	0	0
8 Loans, deposits, etc. given	028	17.256	131.818
9 Other investments accounted for using the equity method	029	0	O
10 Other fixed financial assets	030	0	0
IV RECEIVABLES (ADP 032 to 035)	031	163.215	159.646
1 Receivables from undertakings within the group	032	0	0
2 Receivables from companies linked by virtue of participating
interests	033	O	0
3 Customer receivables	034	0	0
4 Other receivables	035	163.215	159.646
V DEFERRED TAX ASSETS	036	0	0
C) CURRENT ASSETS (ADP 038+046+053+063)	037	9.312.575	9.279.896
I INVENTORIES (ADP 039 to 045)	038	1.707.903	1.707.903
1 Raw materials and consumables	039	0	0
2 Work in progress	040	75.408	75.408
3 Finished goods	041	0	0
4 Merchandise	042	0	0
5 Advances for inventories	043	0	0
6 Fixed assets held for sale	044	1.632.495	1.632.495
7 Biological assets	045	0	0
II RECEIVABLES (ADP 047 to 052)	046	3.266.296	3.916.666

1 Receivables from undertakings within the group	047	0	0
2 Receivables from companies linked by virtue of participating interests	048	6.145	6.145
3 Customer receivables	049	2.070.479	2.648.556
4 Receivables from employees and members of the undertaking	050	178.420	156.802
5 Receivables from government and other institutions	051	127.746	133.052
6 Other receivables	0-2	883.506	972.111
III CURRENT FINANCIAL ASSETS (ADP 054 to 062)	053	3.904.858	3.570.693
1 Investments in holdings (shares) of undertakings within the group	054	0	0
2 Investments in other securities of undertakings within the group	055	0	0
3 Loans, deposits, etc. to undertakings within the group	056	0	0
4 Investments in holdings (shares) of companies linked by virtue of participating interests	0-57	0	0
5 Investment in other securities of companies linked by virtue of	058	0	0
participating interests 6 Loans, deposits etc. to companies linked by virtue of participating interests	059	0	0
7 Investments in securities	060	3.539	3.539
8 Loans, deposits, etc. given
9 Other financial assets	061	3.879.972	3.545.806
	062	21.348	21.348
IV CASH AT BANK AND IN HAND	063	433.517	84.634
D ) PREPAID EXPENSES AND ACCRUED INCOME	064	1.138.068	1.873.303
E) TOTAL ASSETS (ADP 001+002+037+064)	065	20.686.860	20.965.701
OFF-BALANCE SHEET ITEMS	066	0	0
LABIETES
A) CAPITAL AND RESERVES (ADP 068 to 070+076+077+083+086+089)	067	3.877.641	4.283.441
I INITIAL (SUBSCRIBED) CAPITAL	068	14.814.630	14.814.630
II CAPITAL RESERVES	069	-33.895	-33.895
III RESERVES FROM PROFIT (ADP 071+072-073+074+075)	070	-291.606	-291.606
1 Legal reserves	071	0	0
2 Reserves for treasury shares	072	191.958	191.958
3 Treasury shares and holdings (deductible item)	073	-483.564	-483.564
4 Statutory reserves	074	0	0
5 Other reserves	075	0	0
IV REVALUATION RESERVES
	076	2.507.022	1.971.429
V FAIR VALUE RESERVES AND OTHER (ADP 078 to 082)	077	98.541	98.541
1 Financial assets at fair value through other comprehensive income (i.e. available for sale)	078	133.711	133.711
2 Cash flow hedge - effective portion	079	0	0
3 Hedge of a net investment in a foreign operation - effective portion	080	0	0
4 Other fair value reserves	081	0	0
5 Exchange differences arising from the translation of foreign operations (consolidation)	082	-35.170	-35.170
VI RETAINED PROFIT OR LOSS BROUGHT FORWARD (ADP 084- 085)	083	-18.265.428	-12.989.487
1 Retained profit	084	0	0
2 Loss brought forward	085	18.265.428	12.989.487
VII PROFIT OR LOSS FOR THE BUSINESS YEAR (ADP 087-088)	086	4.985.294	650.747
1 Profit for the business year	0:37	4.985.294	650.747
2 Loss for the business year	088	0	0
VIII MINORITY (NON-CONTROLLING) INTEREST	089	63.082	63.082
	090	1.324.489
B) PROVISIONS (ADP 091 to 096) 1 Provisions for pensions, termination benefits and similar obligations	091	85.244	668.514 85.244
2 Provisions for tax liabilities	092	0	0
3 Provisions for ongoing legal cases	093	904.253
4 Provisions for renewal of natural resources			248.277
	094	O	0
5 Provisions for warranty obligations	095	0	0

6 Other provisions	096	334.993	334.993
C) LONG-TERM LIABILITIES (ADP 098 to 108)	097	2.377.555	2.322.687
1 Liabilities to undertakings within the group	098	0	0
2 Liabilities for loans, deposits, etc. of undertakings within the group	099	0	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 participating interests	101	0	0
5 Liabilities for loans, deposits etc.	102	1.911.320	1.955.932
6 Liabilities to banks and other financial institutions	103	200	200
7 Liabilities for advance payments	104	0	0
8 Liabilities to suppliers	105	26.269	0
9 Liabilities for securities	106	0	0
10 Other long-term liabilities	107	0	0
11 Deferred tax liability	108	439.766	366.555
D) SHORT-TERM LIABILITIES (ADP 110 to 123)	109	12.688.956	13.520.879
1 Liabilities to undertakings within the group	110	0	0
2 Liabilities for loans, deposits, etc. of undertakings within the group	111	0	0
3 Liabilities to companies linked by virtue of participating interests	112	412.055	412.055
4 Liabilities for loans, deposits etc. of companies linked by virtue of	113
participating interests		0	0
5 Liabilities for loans, deposits etc.	114	5.475.671	5.283.318
6 Liabilities to banks and other financial institutions	115	9.242	16.615
7 Liabilities for advance payments	116	787.666	627.463
8 Liabilities to suppliers	117	2.902.913	3.991.757
9 Liabilities for securities	118	91.004	0
10 Liabilities to employees	119	845.976	830.165
11 Taxes, contributions and similar liabilities	120	1.518.806	1.657.322
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	645.623	702.184
E) ACCRUALS AND DEFERRED INCOME	124	418.219	170.180
F) TOTAL - LIABILITIES (ADP 067+090+097+109+124)	125	20.686.860	20.965.701
G) OFF-BALANCE SHEET ITEMS	126	0	0

STATEMENT OF PROFIT OR LOSS for the period 01.01.2024 to 30.09.2024

in EUR

Submitter: INSTITUT IGH D.D.
Item		Same period of the previous year		Current period
	code	Cumulative	Quarter	Cumulative	Quarter
1	2	8	র্ব	5	6
OPERATING INCOME (ADP 002 to 006)	001 002	20.779.397 0	5.970.452 0	15.159.628	4.870.231
1 Income from sales with undertakings within the group 2 Income from sales (outside group)	003	11.826.958	3.803.180	0 13.099.916	0 4.035.662
3 Income from the use of own products, goods and services	004	0	0	0	0
4 Other operating income with undertakings within the group	005	0	0	0	0
5 Other operating income (outside the group)	006	8.952.439	2.167.272	2.059.712	834.569
II OPERATING EXPENSES (ADP 08+009+013+017+018+019+022+029)	007	15.093.333	4.590.887	14.491.085	4.807.881
1 Changes in inventories of work in progress and finished goods	008	0	0	0	0
2 Material costs (ADP 010 to 012)	009	3.501.907	773.667	3.760.702	1.306.916
a) Costs of raw materials and consumables	010	537.469	144.232	466.412	131.953
b) Costs of goods sold	011	0	0	0	0
c) Other external costs	012	2.964.438	629.435	3.294.290	1.174.963
3 Staff costs (ADP 014 to 016)	013	8.140.182	2.775.051	8.121.307	2.670.247
a) Net salaries and wages	014	5.170.231	1.839.086	5.135.111	1.682.977
b) Tax and contributions from salary costs	015	1.981.957	627.704	1.985.013	657.972
c) Contributions on salaries	016	987.994	308.261	1.001.183	329.298
4 Depreciation	017	1.678.553	585.094	1.616.384	478.968
5 Other costs	018	379.665	379.665	495.078	229.228
6 Value adjustments (ADP 020+021)	019	997.305	34.920	193.857	18.186
a) fixed assets other than financial assets	020	832.582	0	0	0
b) current assets other than financial assets	021	164.723	34.920	193.857	18.186
7 Provisions (ADP 023 to 028)	022	0	0	0	0
a) Provisions for pensions, termination benefits and similar obligations	023	0	0	0	0
b) Provisions for tax liabilities	024	0	0	O	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	395.721	42.490	303.757	104.336
III FINANCIAL INCOME (ADP 031 to 040) 1 Income from investments in holdings (shares) of undertakings within	030 031	18.701 0	1.879 0	22.331 0	7.382 0
the group 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	0	0	0	0
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	0	0	0	0
7 Other interest income	037	502	130	413	114
8 Exchange rate differences and other financial income	038	4.492	720	1.493	479
9 Unrealised gains (income) from financial assets	039	O	0	0	0
10 Other financial income	040	13.707	1.029	20.425	6.789
IV FINANCIAL EXPENSES (ADP 042 to 048)	041	354.009	47.302	180.285	62.454
1 Interest expenses and similar expenses with undertakings within the group	042	0	0	0	0
2 Exchange rate differences and other expenses from operations with	043	O	0
undertakings within the group				0	0
3 Interest expenses and similar expenses	044	323.773	41.680	136.032	42.743
4 Exchange rate differences and other expenses	045	27.789	4.232	26.802	9.643
5 Unrealised losses (expenses) from financial assets	046	O	0	0	0
6 Value adjustments of financial assets (net)	047	0	0	0	0
7 Other financial expenses	048	2.447	1.390	17.451	10.068
SHARE IN PROFIT FROM UNDERTAKINGS LINKED BY VRITUE OF PARTICIPATING INTERESTS	049	0	0	0	0
SHARE IN PROFIT FROM JOINT VENTURES VI	050	0
SHARE IN LOSS OF COMPANIES LINKED BY VIRTUE OF VII			0	0	0
PARTICIPATING INTEREST	051	0	O	0	0
VIII SHARE IN LOSS OF JOINT VENTURES	052	O	0	0	0
TOTAL INCOME (ADP 001+030+049 +050) X	053	20.798.098	5.972.331	15.181.959	4.877.613
TOTAL EXPENDITURE (ADP 007+041+051 + 052)	054	15.447.342	4.638.189	14.671.370	4.870.335
PRE-TAX PROFIT OR LOSS (ADP 053-054)	055	5.350.756	1.334.142	510.589	7.278
1 Pre-tax profit (ADP 053-054)	056	5.350.756	1.334.142	510.589	7.278

2 Pre-tax loss (ADP 054-053)	057	0	0	0
XII INCOME TAX	058	-945.125	-945.125	-140.158	-75.494
XIII PROFIT OR LOSS FOR THE PERIOD (ADP 055-059)	059	6.295.881	2.279.267	650.747	82.772
1 Profit for the period (ADP 055-059)	060	6.295.881	2.279.267	650.747	82.772
2 Loss for the period (ADP 059-055)	061	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
(ADP 063-064)		0	0	0
1 Pre-tax profit from discontinued operations	063	0	0	O
2 Pre-tax loss on discontinued operations	064	0	0	0
XV INCOME TAX OF DISCONTINUED OPERATIONS	065	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
2 Pre-tax loss (ADP 068)	070	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)
1 Attributable to owners of the parent	075 076	0 O	0	0
2 Attributable to minority (non-controlling) interest	077	O	0	0	0
STATEMENT OF OTHER COMPRENSIVE INCOME (to be filled in by undertakings subject to IFRS)			0	0	0
PROFIT OR LOSS FOR THE PERIOD	078	0	0	0
II OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAX
(ADP 80+ 87) III Items that will not be reclassified to profit or loss (ADP 081 to 085)	079	0	0	0	0
	080	0	0	0	0
1 Changes in revaluation reserves of fixed tangible and intangible assets 2 Gains or losses from subsequent measurement of equity instruments	081	0	0	0	C
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	C
4 Actuarial gains/losses on the defined benefit obligation
	084	0	0	0
5 Other items that will not be reclassified	085	0	0	0
6 Income tax relating to items that will not be reclassified	086	0	0	0	C
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	C
2 Gains or losses from subsequent measurement of debt securities at fair value through other comprehensive income	089	0	0	0
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 toreign 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 V NET OTHER COMPREHENSIVE INCOME OR LOSS (ADP 080+087-	096	0	0	0	0
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 in 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	O	0	0	0

STATEMENT OF CASH FLOWS - indirect method for the period 01.01.2024 to 30.09.2024

Submitter: INSTITUT IGH 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	3.850.451	510.589
2 Adjustments (ADP 003 to 010):	002	6.848.097	356.544
a) Depreciation	003	2.230.482	1.616.384
b) Gains and losses from sale and value adjustment of fixed tangible and intangible assets	004	302.754	676.632
c) Gains and losses from sale and unrealised gains and losses and value adjustment of financial assets	005	-1.881	0
d) Interest and dividend income	006	673.744	0
e) Interest expenses	007	-453.835	0
f) Provisions	008	0	0
g) Exchange rate differences (unrealised)	003	0	0
h) Other adjustments for non-cash transactions and unrealised gains and losses	010	4.096.834	-1.936.472
I Cash flow increase or decrease before changes in working capital (ADP 001+002)	011	10.698.548	867.133
3 Changes in the working capital (ADP 013 to 016)	012	-9.763.119	-1.295.417
a) Increase or decrease in short-term liabilities	013	-11.553.651	1.081.638
b) Increase or decrease in short-term receivables	014	1.855.007	-646.801
c) Increase or decrease in inventories	015	0
d) Other increase or decrease in working capital	016	-64.475	-1.730.254
Il Cash from operations (ADP 011+012)	017	935.429	-428.284
4 Interest paid	018	0	0
5 Income tax paid	019	0	0
A) NET CASH FLOW FROM OPERATING ACTIVITIES (ADP 017 to 019)	020	935.429	-428.284
Cash flow from investment activities
1 Cash receipts from sales of fixed tangible and intangible assets	021	780.000	0
2 Cash receipts from sales of financial instruments	022	0	0
3 Interest received	023	0	0
4 Dividends received	024	0	0
5 Cash receipts from repayment of loans and deposits	025	0	79.235
6 Other cash receipts from investment activities	026	0	0
III Total cash receipts from investment activities (ADP 021 to 026)	027	780.000	79.235
1 Cash payments for the purchase of fixed tangible and intangible assets	028	0	0
2 Cash payments for the acquisition of financial instruments	029	0	0
3 Cash payments for loans and deposits for the period	030	-367.917	0
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 -367.917	0
			0
B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033)	034	412.083	79.235
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	0	0
4 Other cash receipts from financing activities	038	0	0
V Total cash receipts from financing activities (ADP 035 to 038)	039	0	0
1 Cash payments for the repayment of credit principals, loans and other borrowings and debt financial instruments	040	0	0
2 Cash payments for dividends	041	O	0

3 Cash payments for finance lease	042	-1.426.603
4 Cash payments for the redemption of treasury shares and decrease in initial (subscribed) capital	043	0
5 Other cash payments from financing activities	044	0
VI Total cash payments from financing activities (ADP 040 to 044)	045	-1.426.603
C) NET CASH FLOW FROM FINANCING ACTIVITIES (ADP 039 +045)	046	-1.426.603
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	-79.091	-349.049
E) CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD	049	512.774	433.683
F) CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD(ADP 048+049)	050	433.683	84.634

STATEMENT OF CHANGES IN EQUITY

for the period from 1.1.2024	to 30.9.2024															in EUR
		11 (subscribe		SECVES TOT sasury shares	1917 12:11:10 and holdings			butable to owners of the parent Fair value of one mont neimaniai e (evallabl or sale)	Cash flow hodge - active portion	Thereige of a nat a processations in a	Other fair value	monto sportain	atalned profile oss prought forward	those for the asiness year	otal attributable entiers of the	mar (man	Total capital and
							1200	2007 16 630	12 -	13 13 1				11/0	18 (3 to 6 - 1 4 8 10 1 8 1		20 (18418)
Previous period							5.518.291	133.711				-35.491	-35.835.433	2.008.657
Balance on the first day of the previous business year Changes in accounting policies	01 02	15.476.105	-33.895	191.958	483.564										-13.059.661	61.484	-12.998.1
Correction of errors	03
l Balance on the first day of the previous business year (restated) (ADP 01 to	04	15.476.105	-33.895	191.958	483.564		5.518.291	133.711				-35.491	-35.835.433	2.008.657	-13.059.661	61.484	-12.998.177
Profit/loss of the period	05													4.985.294	4.985.294	1.598	4.986.892
Exchange rate differences from translation of foreign operations	06
Changes in revaluation reserves of fixed tangible and intangible assets	07						-3.036.478						5.326.706		2.290.228		2.290.228
(Gains or losses from subsequent measurement of financial assets at fair value rough other comprehensive income (available for sale)	08
Profit or loss arising from effective cash flow hedge	09
0 Profit or loss arising from effective hedge of a net investment in a foreign	10
peration 1 Share in other comprehensive income/loss of companies linked by virtue of
articipating interests	11
2 Actuarial gains/losses on the defined benefit obligation 3 Other changes in equity unrelated to owners	12 13						25.208					321	895.627		921.156		921.156
4 Tax on transactions recognised directly in equity	14	11/11/
5 Decrease in initial (subscribed) capital (other than arising from the pre- ankruptcy settlement procedure or from the reinvestment of profit)	15	-9.339.015											9.339.015
6 Decrease in initial (subscribed) capital arising from the pre-bankruptcy settlement rocedure	16
7 Decrease in initial (subscribed) capital arising from the reinvestment of profit	17
8 Redemption of treasury shares/holdings	18 19
9 Payments from members/shareholders Payment of share in profit/dividend	20
1 Other distributions and payments to members/shareholders	21	8.677.540											2.008.657	-2.008.657	8.677.540		8.677.540
22 Transfer to reserves according to the annual schedule 23 Increase in reserves arising from the pre-bankruptcy settlement procedure	22 23
24 Balance on the last day of the previous business year reporting period (ADP 04 to 23)	24	14,814.630	-33.895	191.958	483.564		2.507.022	133.711				-35.170	-18.265.428	4.985.294	3.814.557	63.082	3.877.639
APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the FRS)
I OTHER COMPREHENSIVE INCOME OF THE PREVIOUS PERIOD, NET OF TAX (ADP 06 to 14)	25						-3.011.270					321	6.222.333		3.211.384		3.211.384
II comprehensive Income or Loss for the previous period (ADP 5+25)	26						-3.011.270					321	6.222.333	4.985.294	8.196,678	1.5981	8.198.276
I TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 15 to 23)	27	-661.475											11.347.672	-2.008.657	8.677.540		8.677.540
Current period Balance on the first day of the current business year	28	14.814.630	-33.895	191.958	483.564		2.507.022	133.711				-35.170	-18.265.428	4.985.294	3.814,557	63.082	3.877.639
2 Changes in accounting policies	29
Correction of errors 4 Balance on the first day of the current business year (restated) (AOP 28 to	30						2.507.022	133.711				-35.170		4.985.294
	31	14.814.630	-33.895	191.958	483.564					17777			-18.265.428	650.747	3.814.557 650.747	63.082	3.877.639
Profit/loss of the period Exchange rate differences from translation of foreign operations	32 33																650.747
? Changes in revaluation reserves of fixed tangible and intangible assets	34						-535.593						416.149		-119.444		-119.444
3 Gains or losses from subsequent measurement of financial assets at fair value	35
hrough other comprehensive income (available for sale) Profit or loss arising from effective cash flow hedge	36
10 Profit or loss arising from effective hedge of a net investment in a foreign
peration	37
1 Share in other comprehensive income/loss of companies linked by virtue of articipating interests	38
2 Actuarial gains/losses on the defined benefit obligation	39 40												-125.502		-125.501		-125.501
3 Other changes in equity unrelated to owners 14 Tax on transactions recognised directly in equity	41
5 Decrease in initial (subscribed) capital (other than arising from the pre- pankruptcy settlement procedure or from the reinvestment of profit)	42
16 Decrease in initial (subscribed) capital arising from the pre-bankruptcy settlement procedure	43
7 Decrease in initial (subscribed) capital arising from the reinvestment of profit	44
8 Redemption of treasury shares/holdings	45
9 Payments from members/shareholders 0 Payment of share in profit/dividend	46 47
1 Other distributions and payments to members/shareholders	48
2 Carryforward per annual plane 23 Increase in reserves arising from the pre-bankruptcy settlement procedure	49 50												4.985.294	-4.985.294
24 Balance on the last day of the current business year reporting period (ADP	51	14.814.630	-33.895	191.958	483,564		1.971.430	133.711				-35,170	-12.989.487	650.747	4.220.359	63.082	4.283.441
1 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 FRS)
I OTHER COMPREHENSIVE INCOME FOR THE CURRENT PERIOD, NET OF TAX (ADP 33 to 41)	52						-535.592						290.647		-244.945		-244.945
II COMPREHENSIVE INCOME OR LOSS FOR THE CURRENT PERIOD (ADP 32 2 52)	53						-535.592						290.647	650.747	405.802		405,802
I TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 42 to 50)	54												4.985.294	-4,985,294

NOTES TO FINANCIAL STATEMENTS - TFI
(drawn up for quarterly reporting periods)

Name of the issuer: INSTITUT IGH, d.d.
Personal identification number (OlB): 79766124714
Reporting period: 1st January, 2024 to 30th September, 2024

1. It e bala mount of any finances on partes on and one of onlines the bance sheet, and an indication of the nature
   company inted by vinted orminents guarates or seriorman

листите в представления представления президерния и политические пристические по мести и мести и мести и и мести и и мести и и мести и и композителните мести в мести в мести

10 met new are a career a career and and and of the para stationing to market and bother of Lore dia transity of the learly of the learly of the many of the manufaction on in

debentures, warrants, options or similar securities or rights, with an indication of their number and the rights they confer