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 HRIGH0RD0003 Not listed on the official market of the Zagreb Stock Exchange Home Member State: Croatia LEI mark: 74780000W0UQ8MF2FU71

ZAGREB STOCK EXCHANGE lvana Lučića 2a 10000 Zagreb

HANFA Miramarska 24b 10000 Zagreb

HINA ots@hina.hr

Zagreb, October 30, 2024

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

The Company's Management Board has to ensure that the INSTITUT IGH d.d. 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 Company'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 Company has adequate resources to continue operation in the foreseeable future. Accordingly, the Management Board has prepared its financial reports under assumption that the Company will continue to operate 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 Company, in full compliance with the Accountancy Law and International Financial Reporting Standards issued by the International Accounting Standards Board (ASB). The Management Board is also responsible for protecting and safeguarding the Company's assets, and hence for undertaking every measure it deems necessary to prevent and discover cases of fraud and other illegal activity.

Signed on the behalf of the Management Board:
Robert Petrosian,
President of the Management
Illiance of the contributed to the control of the contributed of the
Robertanals selling Presigent of the Management Box Manga araping with leasing in of registman age ment Board
Blogosess Blank; Member of the Management Boa chostalia jedstaten Ried and a gernent Board
18/12/2011 6 1 2 54 0 1	DNA
ENRILE AND SBORRDO 6588 and applice in and the C. X	004 OSI - ISO 1400 SO 45001 - ISO 50001
Zarko Deskovic MEng.CE NKe atles sue di sincer visory Sory Bory Beard 463	DNI

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 Ibbour productivity and efficient and efficient realization of projects.

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

SWIFT code: HPBZHR2X

INSTITUT IGH, d.d

PHONE +385 (D)1 612 51 25 FAX +335 (0)1 612 54 01 EMAIL Igh@igh.hr WEB www igh.hr

No of issued shares: : IGH 1,481,463

Nominal share value EUR 10

Share capita

Reg.No .: 375027 PIN: 79766124714 Business bank

Dešković MEna.CB dent of the Supervisor

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

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	to	30.9.2024
Year:		2024
Quarter:		3.
		Quarterly financial statements
egistration number (MB):	03750272		Issuer's home Member State code:	HR
Entity's registration number (MBS):	080000959
Personal identification number (OIB):	79766124714		LEI:	74780000W0UQ8MF2FU71
Institution code:	1461
Name of the issuer: INSTITUT IGH d.d.
Postcode and town:	10000		Zagreb
E-mail address: igh@igh.hr Number of employees (end of the reporting Consolidated report: KN Audited:	Web address: http://www.igh.hr 352 RN	(KN-not consolidated/KD-consolidated) (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:		(only name and surname of the contact person)
Telephone:
E-mail address:
Audit firm: Certified auditor:	(name of the audit firm)

BALANCE SHEET balance as at 30.09.2024.

Submitter: INSTITUTIGH D.D.
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	9 398.712	8.988.213
I INTANGIBLE ASSETS (ADP 004 to 009)	003	13.251	6.671
1 Research and development	004	0	0
2 Concessions, patents, licences, trademarks, software and other	005	8.752	0
rights 3 Goodwill	006	0	0
4 Advances for the purchase of intangible assets	007	0	0
5 Intangible assets in preparation	008	4.499	6.671
6 Other intangible assets	009	0	0
II TANGIBLE ASSETS (ADP 011 to 019)	010	6.159.067	5.630.799
1 Land	011	462.105	0
2 Buildings	012	219.952	5.426
3 Plant and equipment	013	4.547.207	4.489.818
4 Tools, working inventory and transportation assets	014	775.333	924.207
5 Biological assets	015	0	0
6 Advances for the purchase of tangible assets	016	42.261	42.261
7 Tangible assets in preparation	017	38.938	95.815
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	3.065.454	3.193.372
1 Investments in holdings (shares) of undertakings within the group	021	1.053.043	1.053.043
2 Investments in other securities of undertakings within the group	022	0	0
3 Loans, deposits, etc. to undertakings within the group	023	4.313	4.313
4. Investments in holdings (shares) of companies linked by virtue of participating interests	024	1.990.842	1.990.842
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	026	0	0
interests
7 Investments in securities	027	0	0
8 Loans, deposits, etc. given	028 029	17.256	145.174
9 Other investments accounted for using the equity method 10 Other fixed financial assets	030	0 0	0
IV RECEIVABLES (ADP 032 to 035)	031	160.940	0 157.371
1 Receivables from undertakings within the group	032	0	0
2 Receivables from companies linked by virtue of participating interests	033	0	0
3 Customer receivables	034	115.507	111.938
4 Other receivables	035	45.433	45.433
V DEFERRED TAX ASSETS	036	0	0
C) CURRENT ASSETS (ADP 038+046+053+063)	037	9.126.829	9.128.630
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	3.094.922	3.733.627

1 Receivables from undertakings within the group	047	25.936	8.173
2 Receivables from companies linked by virtue of participating interests	048	688	688
3 Customer receivables	049	1.972.833	2.549.069
4 Receivables from employees and members of the undertaking	050	178.816	159.077
5 Receivables from government and other institutions	051	88.905	99.069
6 Other receivables	052	827.744	917.551
III CURRENT FINANCIAL ASSETS (ADP 054 to 062)	053	3.914.455	3.610.681
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	19.311	55.873
4 Investments in holdings (shares) of companies linked by virtue of participating interests	057	0	0
5 Investment in other securities of companies linked by virtue of participating interests	058	0	0
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	061	3.870.257	3.529.921
9 Other financial assets	062	21.348	21.348
IV CASH AT BANK AND IN HAND	063	409.549	76.419
D ) PREPAID EXPENSES AND ACCRUED INCOME	064	1.124.655	1.891.724
E) TOTAL ASSETS (ADP 001+002+037+064)	065	19.650.195	20.008.567
OFF-BALANCE SHEET ITEMS	056	0	0
LIABILITES
A) CAPITAL AND RESERVES (ADP 068 to
070+076+077+083+086+089)	037	5.281.778	5.813.670
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
		-208.382	-208.382
1 Legal reserves	071	0	0
2 Reserves for treasury shares	072	191.958	191.958
3 Treasury shares and holdings (deductible item)	073	-400.340	-400.340
4 Statutory reserves	074	0	0
5 Other reserves	075	0	0
IV REVALUATION RESERVES	076	1.705.824	1.170.231
V FAIR VALUE RESERVES AND OTHER (ADP 078 to 082)	077	94.540	94.540
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	-39.171	-39.171
VI RETAINED PROFIT OR LOSS BROUGHT FORWARD (ADP 084- 085)	033	-17.174.719	-10.674.790
1 Retained profit	084	0	0
2 Loss brought forward	085	17.174.719	10.674.790
VII PROFIT OR LOSS FOR THE BUSINESS YEAR (ADP 087-088)	0:36	6.083.780	651.336
1 Profit for the business year	0:37	6.083.780	651.336
2 Loss for the business year	088	0	0
VIII MINORITY (NON-CONTROLLING) INTEREST	089	0	0
B) PROVISIONS (ADP 091 to 096)	090	1.324.489	668.514
1 Provisions for pensions, termination benefits and similar obligations	091	85.244	85.244
2 Provisions for tax liabilities	092	0	0
3 Provisions for ongoing legal cases	093	904.253	248.277
4 Provisions for renewal of natural resources	094	0	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	2.267.881	2.213.013
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	30.899	648
6 Liabilities to banks and other financial institutions	103	1.880.621	1.955.485
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	330.091	256.880
D) SHORT-TERM LIABILITIES (ADP 110 to 123)	109	10.359.991	11.158.439
1 Liabilities to undertakings within the group	110	51.081	27.153
2 Liabilities for loans, deposits, etc. of undertakings within the group	111	170.709	187.209
3 Liabilities to companies linked by virtue of participating interests	112	412.055	390.930
4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests	113	0	0
5 Liabilities for loans, deposits etc.	114	3.261.576	3.095.282
6 Liabilities to banks and other financial institutions	115	9.242	16.615
7 Liabilities for advance payments	116	783.334	623.131
8 Liabilities to suppliers	117	2.849.204	4.012.737
9 Liabilities for securities	118	91.004	0
10 Liabilities to employees	119	817.421	820.286
11 Taxes, contributions and similar liabilities	120	1.498.147	1.640.684
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	416.218	344 412
E) ACCRUALS AND DEFERRED INCOME	124	416.056	154.931
F) TOTAL - LIABILITIES (ADP 067+090+097+109+124)	125	19.650.195	20.008.567
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.	ADP Same period of the previous year
Item	code			Current period
1		Cumulative	Quarter	Cumulative	Quarter
OPERATING INCOME (ADP 002 to 006)	2 001	3 18.021.141	4 3.960.491	5 15.090.805	6
1 Income from sales with undertakings within the group	002	2.259	772	597	4.847.648 199
2 Income from sales (outside group)	003	11.621.215	3.635.054	13.103.212	4.035.662
3 Income from the use of own products, goods and services	004	5.448	1.434	0	0
4 Other operating income with undertakings within the group	005	0	O	4.524	510
5 Other operating income (outside the group)	006	6.392.219	323.231	1.982.472	811.277
II OPERATING EXPENSES (ADP 08+009+013+017+018+019+022+029)	007	14.136.589	4.152.330	14.422.048	4.793.266
1 Changes in inventories of work in progress and finished goods	008	0	0	0
2 Material costs (ADP 010 to 012)	009	3.582.055	876.402	3.831.799	1.322.169
a) Costs of raw materials and consumables	010	507.965	129.636	450.986	128.499
b) Costs of goods sold	011	0	0	0
c) Other external costs	012	3.074.090	746.766	3.380.813	1.193.670
3 Staff costs (ADP 014 to 016)	013	7.960.942	2.490.016	7.987.428	2.640.988
a) Net salaries and wages	014	5.068.912	1.579.837	5.062.818	1.669.328
b) Tax and contributions from salary costs	015	1.927.991	608.360	1.946.428	648.421
c) Contributions on salaries	016	964.039	301.819	978.182	323.239
4 Depreciation	017	1.678.553	585.094	1.616.384	478.968
5 Other costs	018	356.052	120.820	487.033	228.635
6 Value adjustments (ADP 020+021)	019	164.723	34.920	193.857	18.186
a) fixed assets other than financial assets	020	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
a) Provisions for pensions, termination benefits and similar obligations	023	0	0	0	0
b) Provisions for tax liabilities	024	0	0	0	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	O	0	0
f) Other provisions	028	0	0	0
8 Other operating expenses	029	394.264	45.078	305.547	104.320
III FINANCIAL INCOME (ADP 031 to 040)	030	18.699	1.878	22.331	7.382
1 Income from investments in holdings (shares) of undertakings within the group	031	0	0	0	0
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	034	0	0	413	114
group 5 Exchange rate differences and other financial income from operations	035	1.505	129	0	0
with undertakings within the group		500	0
6 Income from other long-term financial investments and loans	036 037	2.987		0	0 0
7 Other interest income	038	13.707	719 1.030	0 1.493	479
8 Exchange rate differences and other financial income 9 Unrealised gains (income) from financial assets	039	0	0	0	0
10 Other financial income	040	0	O	20.425	6.789
IV FINANCIAL EXPENSES (ADP 042 to 048)	041	354.152	113.892	179.910	61.073
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	0	0	1.288	0
undertakings within the group 3 Interest expenses and similar expenses	044	335	335	134.328	41.362
	045	323.581	107.935	26.802	9.643
4 Exchange rate differences and other expenses 5 Unrealised losses (expenses) from financial assets	046	0	0	O	0
6 Value adjustments of financial assets (net)	047	27.789	4.232	O	0
7 Other financial expenses	048	2.447	1.390	17.492	10.068
SHARE IN PROFIT FROM UNDERTAKINGS LINKED BY VRITUE >	049	0	0	0	0
OF PARTICIPATING INTERESTS SHARE IN PROFIT FROM JOINT VENTURES	050	0
VII SHARE IN LOSS OF COMPANIES LINKED BY VIRTUE OF			0	0	0
PARTICIPATING INTEREST	051	0	0	0	0
VIII SHARE IN LOSS OF JOINT VENTURES	052	O	0	0
IX TOTAL INCOME (ADP 001+030+049 +050)	053	18.039.840	3.962.369	15.113.136	0
TOTAL EXPENDITURE (ADP 007+041+051 + 052)	054	14.490.741	4.266.222	14.601.958	4.855.030
PRE-TAX PROFIT OR LOSS (ADP 053-054)	055	3.549.099	-303.853	511.178	4.854.339
1 Pre-tax profit (ADP 053-054)	056	3.549 099	O	511 178	691 691

2 Pre-tax loss (ADP 054-053)	057	O	-303.853	0
XII INCOME TAX	058	-945.125	0	-140.158	-75.494
XIII PROFIT OR LOSS FOR THE PERIOD (ADP 055-059)	059	4.494.224	-303.853	651.336	76.185
1 Profit for the period (ADP 055-059)	060	4.494.224	0	651.336	76.185
2 Loss for the period (ADP 059-055)	061	0	-303.853	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
(ADP 063-064)	062	0	0	0
1 Pre-tax profit from discontinued operations	063	0	0	0
2 Pre-tax loss on discontinued operations	064	0	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)	075	O	O	0
1 Attributable to owners of the parent	076	0	0	0
2 Attributable to minority (non-controlling) interest	077	0	0	0
STATEMENT OF OTHER COMPRHENSIVE INCOME (to be filled in by undertakings subject to IFRS)
I PROFIT OR LOSS FOR THE PERIOD	078	0	0	0
II OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAX	079	0	0	0	0
(ADP 80+ 87) III Items that will not be reclassified to profit or loss (ADP 081 to 085)	080	0	0	0	0
	081
1 Changes in revaluation reserves of fixed tangible and intangible assets 2 Gains or losses from subsequent measurement of equity instruments		0	0	0	0
at fair value through other comprehensive income	082	O	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	0
4 Actuarial gains/losses on the defined benefit obligation	084	0	0	0	0
5 Other items that will not be reclassified	085	0	0	0	0
6 Income tax relating to items that will not be reclassified	086	0	0	0	0
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
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 foreign 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	096	0	0	0	0
V NET OTHER COMPREHENSIVE INCOME OR LOSS (ADP 080+087- 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	O	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	8	ব
Cash flow from operating activities
1 Pre-tax profit	001	5.069.125	511.178
2 Adjustments (ADP 003 to 010):	002	11.932.188	1.367.856
a) Depreciation	003	2.194.341	1.616.384
b) Gains and losses from sale and value adjustment of fixed tangible and intangible assets	004	0	676.631
c) Gains and losses from sale and unrealised gains and losses and value adjustment of financial assets	005	-5.551.629	0
d) Interest and dividend income	006	-1.881	0
e) Interest expenses	007	673.744	0
f) Provisions	008	-453.835	0
g) Exchange rate differences (unrealised)	009	0	0
h) Other adjustments for non-cash transactions and unrealised gains and losses	010	15.071.448	-925.159
Cash flow increase or decrease before changes in working capital (ADP 001+002)	011	17.001.313	1.879.034
3 Changes in the working capital (ADP 013 to 016)	012	-16.149.203	-2.357.935
a) Increase or decrease in short-term liabilities	013	-17.834.231	863.183
b) Increase or decrease in short-term receivables	014	1.749.503	-635.135
c) Increase or decrease in inventories	015	0	0
d) Other increase or decrease in working capital	016	-64.475	-2.585.983
Il Cash from operations (ADP 011+012)	017	852.110	-478.901
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	852.110	-478.901
Cash flow from investment activities
1 Cash receipts from sales of fixed tangible and intangible assets	021	457.439	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	86.588	175.856
6 Other cash receipts from investment activities	026	0	0
Ill Total cash receipts from investment activities (ADP 021 to 026)	027	544.027	175.856
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
3 Cash payments for loans and deposits for the period	030	0 0	0
4 Acquisition of a subsidiary, net of cash acquired	031		-30.251
5 Other cash payments from investment activities	032	0	0
IV Total cash payments from investment activities (ADP 028 to 032)	033	0 0	0 -30.251
B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033)	034	544.027	145.605
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	-17.221	0
2 Cash payments for dividends	041	0	0

3 Cash payments for finance lease	042	-1.427.603
4 Cash payments for the redemption of treasury shares and decrease in initial (subscribed) capital	043
5 Other cash payments from financing activities	044	0
VI Total cash payments from financing activities (ADP 040 to 044)	045	-1.444.824
C) NET CASH FLOW FROM FINANCING ACTIVITIES (ADP 039 +045)	046	-1.444.824
1 Unrealised exchange rate differences in respect of cash and cash equivalents	047
D) NET INCREASE OR DECREASE IN CASH FLOWS (ADP 020+034+046+047)	048	-48.687	-333.296
E) CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD	049	458.402	409.715
F) CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD(ADP 048+049)	050	409.7151	76.419

STATEMENT OF CHANGES IN EQUITY ..............................................................................................................................................................................

for the period from 1.1.2024 to	30.9.2024															in EUR
		ial (subscribed						tibuteble to owners of the parent Fair value of nonemona ms (avaliab)	sh flow hadge - conve bourou	lodge of a net BARRETTER FRANT	CIGITATI	стапчав под	se produl	oss for th mazo Andr	where of the parony		Total capital and a charici and
							2017	for sale) 111	12	A 2013 10	14		18 1	276	18 (3 to 6 - 7 +8 to 17		20 (18418)
Previous period
1 Balance on the first day of the previous business year 2 Changes in accounting policies	01 02	15.476.105	-33.895	191.958	400.340		5.209.116	133.711				-39.492	-33.460.256	2.251.077	-10.672.016		-10.672.016
3 Correction of errors	03
4 Balance on the first day of the previous business year (restated) (ADP 01 to	04	15.476.105	-33.895	191,958	400.340		5.209.116	133.711				-39.492	-33.460.256	2.251.077	-10.672.016		-10.672.016
5 Profit/loss of the period 6 Exchange rate differences from translation of foreign operations	05 06													6.083,780	6.083.780		6.083.780
7 Changes in revaluation reserves of fixed tangible and intangible assets	07						-3.503.292						4.687.250		1.183.958		1.183.958
8 Gains or losses from subsequent measurement of financial assets at fair value
through other comprehensive income (available for sale)	08
9 Profit or loss arising from effective cash flow hedge	08
10 Profit or loss arising from effective hedge of a net investment in a foreign peration	10
11 Share in other comprehensive income/loss of companies linked by virtue of participating interests	11
12 Actuarial gains/losses on the defined benefit obligation	12
13 Other changes in equity unrelated to owners 14 Tax on transactions recognised directly in equity	13 14											321	8.195		8.516		8.516
15 Decrease in initial (subscribed) capital (other than arising from the pre-	15	-9.339.015											9.339.015
bankruptcy settlement procedure or from the reinvestment of profit)
16 Decrease in initial (subscribed) capital arising from the pre-bankruptcy settlement rocedure	16
17 Decrease in initial (subscribed) capital arising from the reinvestment of profit	17
18 Redemption of treasury shares/holdings 19 Payments from members/shareholders	18 19
20 Payment of share in profit/dividend	20
21 Other distributions and payments to members/shareholders 22 Transfer to reserves according to the annual schedule	21 22	8.677,540											2.251.077	-2.251.077	8.677.540		8.677.540
23 Increase in reserves arising from the pre-bankruptcy settlement procedure	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	400.340		1.705.824	133.711				-39.17	-17.174.719	6.083,780	5.281.778		5.281.778
JAPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (o be filled in by undertakings that draw up financial statements in accordance with the FFS)
I OTHER COMPREHENSIVE INCOME OF THE PREVIOUS PERIOD, NET OF TAX (ADP 06 to 14)	25						-3.503.292						4.695.445		1.192,474		1.192.474
II COMPREHENSIVE INCOME OR LOSS FOR THE PREVIOUS PERIOD (ADP 05+25)	26						-3.503.292						4.695.445	6.083.780	7.276.254		7.276.254
III TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 15 to 23)	27	-661.475											11.590.092	-2.251.077	8,677.540		8.677.540
Current period 1 Balance on the first day of the current business year	28	14.814.630	-33.895	191,958	400.340		1.705.824	133.711				-39.171	-17.174.719	6.083.780	5.281.778		5.281.778
2 Changes in accounting policies	29
3 Correction of errors 4 Balance on the first day of the current business year (restated) (AOP 28 to	30
	31	14.814.630	-33.895	191.958	400.340		1.705.824 11/1	133.711				-39.171	-17.174.719	6.083.780 651.336	5.281.778 651.336		5.281.778 651.336
5 Profit/loss of the period S Exchange rate differences from translation of foreign operations	32 33
7 Changes in revaluation reserves of fixed tangible and intangible assets	34						-535.593						416.149		-119,444		-119.444
8 Gains or losses from subsequent measurement of financial assets at fair value	35
hrough other comprehensive income (available for sale) 9 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
operation	37
11 Share in other comprehensive income/loss of companies linked by virtue of participating interests	38
12 Actuarial gains/losses on the defined benefit obligation 13 Other changes in equity unrelated to owners	39 40
14 Tax on transactions recognised directly in equity	41
15 Decrease in initial (subscribed) capital (other than arising from the pre- bankruptcy settlement procedure or from the reinvestment of profit)	42
16 Decrease in initial (subscribed) capital arising from the pre-bankruptcy settlement procedure	43
17 Decrease in initial (subscribed) capital arising from the reinvestment of profit	44
18 Redemption of treasury shares/holdings 19 Payments from members/shareholders	45 46
20 Payment of share in profit/dividend	47
21 Other distributions and payments to members/shareholders 22 Carryforward per annual plane	48 49												6.083.780	-6.083.780
23 Increase in reserves arising from the pre-bankruptcy settlement procedure	50
24 Balance on the last day of the current business year reporting period (ADP 31 lo 50)	51	14.814.630	-33.895	191.958	400.340		1.170.231	133.711				-39.171	-10.674.790	651.336	5.813.670		5.813.670
APPENDX 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						-535.593						416.149		-119,444		-119.444
II COMPREHENSIVE INCOME OR LOSS FOR THE CURRENT PERIOD (ADP 32 do 52)	53						-535-583						416.149	651.336	531 882		531.892
III TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED DIRECTLY IN EQUITY (ADP 42 to 50)	54												6.083.780	-6.083.780

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

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

1. he tola mount of ay financia comminents promingentes that are not included in the baiane sheet, and an indication of the nature and form of any valuable
   company has oblig

ed in the balance sheet, the