Adris grupa d d : Interim financial statements 3Q2020 eng

November 13, 2020 at 09:57 am EST

ADRIS GRUPA d. d.

Interim financial statements at

30 September 2020

Adris Grupa d.d. / Obala Vladimira Nazora 1 / 52210 Rovinj, Hrvatska

tel.: +385 (0)52 801 000, 801 122; fax: +385 (0)52 813 587 / adris@adris.hr / www.adris.hr

CONTENT

MANAGEMENT REPORT ON THE INTERIM FINANCIAL STATEMENTS

NON-CONSOLIDATED INTERIM FINANCIAL STATEMENTS ADRIS GRUPA d. d.

CONSOLIDATED INTERIM FINANCIAL STATEMENTS ADRIS GRUPA d. d.

1 - 10

11-18

19-26

Adris Grupa d.d. / Obala Vladimira Nazora 1 / 52210 Rovinj, Hrvatska

tel.: +385 (0)52 801 000, 801 122; fax: +385 (0)52 813 587 / adris@adris.hr / www.adris.hr

Adris GRUPA

Management Report on the Interim Financial Statement

Principal activity of the Company

The principal activity of ADRIS GRUPA d. d. (hereinafter: "Adris" or the "Company") is management and investment. The goal of the Company as the corporate centre is coordination of investments, management, development and operation of the entire system.

Adris comprises three strategic business units: tourism, with Maistra d. d. at the helm, healthy food production, with Cromaris d. d. at the helm and insurance, with Croatia osiguranje d.d. at the helm (hereinafter: the "Group").

Indication of significant business events which occurred during the report period and effects of such events on abbreviated financial statements

In the first nine months of 2020, Adris generated HRK 3.88 billion in total revenue, which is down 19% from revenue recorded for the same period last year. Revenues from sales of goods and services amount to HRK 3.36 billion and are 23% lower than last year. Consolidated EBITDA (earnings before interest, taxes, depreciation, and amortization) amounts to HRK 604 million, and consolidated net profit is HRK 141 million.

COVID-19 pandemic outbreak caused the global economic crisis. In such circumstances all companies of the Group have taken a series of measures to mitigate the consequences. Business activities have been focused on liquidity and cost optimization in order to preserve financial potential and long-term sustainability of the system. In line with a decline in revenues from sales of goods and services, manageable costs were brought down by more than HRK 400 million and investments by HRK 200 million, which resulted in preservation of the liquidity in the amount of HRK 600 million. On the other hand, the projects on operational excellence and digitalization in business have been speeded up, especially in tourism and insurance.

Adris Grupa d.d. / Obala Vladimira Nazora 1 / 52210 Rovinj, Hrvatska

tel.: +385 (0)52 801 000, 801 122; fax: +385 (0)52 813 587 / adris@adris.hr / www.adris.hr

Croatia osiguranje increased consolidated net profit by 4%

In the first nine months of 2020, the Croatian insurance market saw a 3.1% decrease, primarily due to a strong decline in the segment of life insurance. Croatia osiguranje has retained the leading position in the Croatian market with the total market share of 27.9% which is at last year's level. Total gross written premium amounted to HRK 2,185 million, which is 2% lower in comparison with the first nine months last year, primarily due to a decline in life insurance market, and to targeted optimization and cancellation of nonprofitable part of the portfolio. Gross written premium at the CO Group level amounts to HRK 2,593 million and is down 4% from a year before. The combined operating ratio of the Group as one of the key indicators of profitability is 93.2 and is up 1.6 percentage point from the previous year. This is an indication that operational cost efficiency is improving.

In the first nine months, CO operations were burdened with a large number of one-time items, the largest being the earthquake costs, and with a decision of the Croatian Supreme Court on increasing the orientation criteria and amounts for non-material damage. These facts produced a negative impact on the result before taxes by more than HRK 100 million. Nevertheless, CO Group's net profit which was generated over the first nine months of 2020 amounted to HRK 292 million, up 4% from the same report period last year.

In 2020 a wide range of projects on business process improvement was implemented, primarily in the field of digitalization. As a market and digital leader, Croatia osiguranje is currently investing more than HRK 200 million in digitalization and development of new products.

At the beginning of October, LAQO - the first Croatian 100% digital insurance - was launched, thus Croatia joined a small group of European countries having this type of insurance.

The Group's tourism business in Istria shows resilience to the economic crisis. The luxury hotels in Rovinj and campsites achieved the best results.

In 2020, due to the COVID-19 outbreak, the tourism economy is severely affected worldwide, including the Mediterranean. Croatia had the lowest declines among the Mediterranean countries in the first nine months of 2020. The number of recorded overnight stays reached about 50% of last year's figure. Two market segments were hit the hardest: congress tourism and the markets relying on air travellers. In addition to the negative impact of the

Adris Grupa d.d. / Obala Vladimira Nazora 1 / 52210 Rovinj, Hrvatska

tel.: +385 (0)52 801 000, 801 122; fax: +385 (0)52 813 587 / adris@adris.hr / www.adris.hr

epidemiological crisis, Zagreb was also hit by a powerful earthquake in March which damaged a number of structures and buildings.

As a response to the crisis, many measures were taken in the Group's tourism business in order to achieve process optimization and cost rationalization. Investments planned for 2020 were cut by almost 50% to preserve liquidity. About HRK 200 million was, for the most part, invested in quality improvement in the additional amenities in the Koversada/Porto Sole and Amarin campsites. The preparations for the planned projects and investments for the post- 2020 period have continued.

Maistra, including the Hilton hotel in Dubrovnik, sold 619,000 units in the first nine months of 2020, which represents 43% of last year's figure for the same period. Sales revenues reached 41% of last year's result for the same period. A segment analysis shows that the number of units in the campsites sold from June to September 2020 is 5 percentage points above Maistra's average, and the results reported by the luxury hotel segment increased 7 percentage points. The result is measured by a performance index relative to last year's result. The company HUP Zagreb generated 19% of sales and 17% of revenues from sales.

The consolidated revenues from sales in the tourism segment in the first nine months of 2020 amounted to HRK 416 million which represents 36% of the sales revenue reported for the same period last year. EBITDA (profit before interest, taxes and amortization) amounted to HRK 169 million, and net profit to HRK minus 29 million.

Maistra proved to be more resilient to the economic crisis caused by the global pandemic than other companies in the environment. This is due to several elements. The first one is the premiumization of business operations, and/or premium products in the highest segments of the hotel offering. The second reason is proactive sales as a result of well-developed direct sales channels. The third one refers to operating efficiency and fast adjustment of operating business and/or timely opening of facilities and efficient cost management. In the end, Rovinj itself, as a tourist destination considering that a great deal of marketing effort was dedicated to make it recognizable. In the period from June to September this year, thus in the four peak season months, the number of overnight stays in commercial accommodation facilities in Rovinj was 1 percentage point higher than the number reported for Croatia, and 2 percentage points higher than the figures reported for Istria. The result is measured by a performance index relative to last year's result.

Adris Grupa d.d. / Obala Vladimira Nazora 1 / 52210 Rovinj, Hrvatska

tel.: +385 (0)52 801 000, 801 122; fax: +385 (0)52 813 587 / adris@adris.hr / www.adris.hr

The Grand Park Hotel Rovinj, the key product which completed the premium hotel offering in Rovinj, was opened in early April last year. The market and the industry itself recognised this premium product in the challenging year 2020. This is confirmed by the fact that the Grand Park Hotel Rovinj won Hotel Property Award for 2020 and was chosen among 40 hotels from 12 European countries. Hotel Property Award is one of the most prestigious prizes in the industry, and has been awarded since 2002 for the most original accommodation concept, architectural quality, integration of a building in the environment, design, innovation and profitability.

Like in other segments of the Group, a new development cycle focused on digitalisation and operating excellence was launched. The purpose of the accelerated transformation programme is to strengthen competitiveness and sustainability of the Group's tourism business.

During the COVID-19 crisis Cromaris' sales increased by 5% and exports by 14%

In the first nine months of 2020, Cromaris generated sales in the amount of 7,746 tonnes whole fish equivalent, up 5% from the same period last year. In the July - September period, the company reported two record monthly sales of more than 1,000 tonnes whole fish equivalent.

Export volumes were increased by 14% in the first nine months. Export markets accounted for 83% of Cromaris' sales volumes, and 84% of its sales revenues. Revenues from differentiated products, mainly fresh gutted and packaged fish - sea bream, sea bass and meagre fillets - increased by 17%. Average prices record a 2% increase. Sales revenues generated in the first nine months of 2020 amounted to HRK 385 million and were up 7% from last year's revenues.

In the first nine months of 2020, Cromaris generated a net profit of HRK 5.1 million. Differentiated products currently account for 48% of the company's sales revenues, which is in line with Cromaris' strategy distinctiveness relative to competitors. Both consumers and specialist teams recognised top quality of Cromaris' products. This is best confirmed by a fact that Cromaris won Innovation of the Year Award received for its sea bream, sea bass and meagre fillets in skin packaging in this year's Labo de l'innovation contest run by the renowned French seafood magazine, Produit de la Mer.

Adris Grupa d.d. / Obala Vladimira Nazora 1 / 52210 Rovinj, Hrvatska

tel.: +385 (0)52 801 000, 801 122; fax: +385 (0)52 813 587 / adris@adris.hr / www.adris.hr

The forecasts project that the sales and revenue growth trend will continue by the end of the year. Cromaris is expected to make record sales in 2020 and to exceed the limit of 10,000 tonnes whole fish equivalent (WFE).

Research and development activities

The Company continuously monitors events in its surroundings and invests in market research, modifies and supports activities of the subsidiaries with the purpose of achieving organic growth, as well as recognising business opportunities and realising new acquisitions.

Data on the purchase of own shares

From 1 January till 30 September 2020 the Company acquired 9,003 own class ADRS (ADRS-R-A) shares, accounting for 0.0936% of the shares from this class and 0.0548% of the Company's total share capital. During the reporting period, the Company acquired 85,028 own class ADRS2 (ADRS-P-A) shares, accounting for 1.2533% of the shares from this class and 0.5184% of the Company's total share capital.

Detailed information on each individual acquisition transaction was publicly disclosed in accordance with the Companies Act, Capital Market Act and the Rules of the Zagreb Stock Exchange d. d.

At the end of the reporting period, the Company owned a total of 112,028 own class ADRS shares, accounting for 1.16% of the shares from this class, and 528,686 own class ADRS2 shares, accounting for 7.79% of the shares from this class, i.e. total of 640,714 own shares, accounting for 3.90% of the Company's total share capital.

Adris Grupa d.d. / Obala Vladimira Nazora 1 / 52210 Rovinj, Hrvatska

tel.: +385 (0)52 801 000, 801 122; fax: +385 (0)52 813 587 / adris@adris.hr / www.adris.hr

Subsidiaries

Within the scope of its operation, the Company operates directly through the following subsidiaries:

Company name	% of share in share capital*

ABILIA d. o. o., Rovinj, Croatia	100%
MAISTRA d. d., Rovinj, Croatia	91.24%
CROMARIS d. d., Zadar, Croatia	100%
CROATIA Osiguranje d. d., Zagreb, Croatia	66.39%
EXPERTUS d. o. o., Zagreb, Croatia	100%**
HUP-ZAGREB d. d., Zagreb, Croatia	40.70%

*Percentage of share in share capital shows direct share of the Company in subsidiary. **Out of which 22.22 % is acknowledged based on Option Agreement

Company has no established subsidiaries in accordance with Article 7 of the Companies Act.

Risks and risk management

The beginning of 2020 was marked by the global epidemiological crisis caused by COVID-19, a result of which was a strong decline in economic activities across the world as well as in the Republic of Croatia. After the second wave of the epidemic had broken out, the HoReCa channels closed in most of Europe which would cause demand to fall. Movement of people across borders is heavily affected by the outbreak. Consequently, impossibility of tourist arrivals in the late season and cancellation of business and congress events represent a risk in the tourism division of the Group. Diminished opportunity for face-to-face communication with customers represents a risk in the insurance segment, especially in the regional markets. Development of on-line channels and the LAQO digital brand, as well as introduction of the new procedures by the use of information technology is a way to overcome the mentioned difficulties. The expected fall in GDP and a decline in economic activities in the Republic of Croatia will probably result in a decreased demand for insurance services and higher collection risk. Negative trends and volatility of capital markets may have an impact on the comprehensive investment income.

Adris Grupa d.d. / Obala Vladimira Nazora 1 / 52210 Rovinj, Hrvatska

tel.: +385 (0)52 801 000, 801 122; fax: +385 (0)52 813 587 / adris@adris.hr / www.adris.hr

Information on significant transactions between related parties produced in accordance with the applicable financial reporting standards

In March 2020 the company CROATIA osiguranje d.d. acquired from the company HUP- Zagreb d.d. a 100 % share in the company ASTORIA d.o.o.

Other information

Dividend payment during the report period

Equal amounts of dividend are paid on ordinary and preferred shares.

During the report period the Company paid out HRK 309,000 in dividends to the shareholders. This refers to dividends in arrears from prior periods.

Information on business segments

The Management Board determined the business segments based on the reports reviewed by Adris' Management Board, which are used for strategic decision-making.

The Management Board determined its reportable segments as business activities based on differences in products and services, and determined that the reportable segments are: (1) Tourism - comprising tourist services such as accommodation in tourist facilities, sales of food and beverages, (2) Insurance and (3) Health Food - comprising production and sales of farmed sea fish. Other segments include construction and sale of real property and other related activities, other activities of the parent company and eliminations.

Adris Grupa d.d. / Obala Vladimira Nazora 1 / 52210 Rovinj, Hrvatska

tel.: +385 (0)52 801 000, 801 122; fax: +385 (0)52 813 587 / adris@adris.hr / www.adris.hr

Internal reporting on the segment results is adjusted to business operations and key events for each segment separately, and disclosures of information are adjusted accordingly to the current and prior periods.

	Year 2019	Year 2020
(in millions of HRK )	Cumulative	Quarter	Cumulative	Tromjesečje
amount	amount

Consolidated
Revenues from sales and services	4,342	1,881	3,355	1,440
EBITDA	1,070	616	604	334
Net profit	663	482	141	186
Insurance
Revenues from sales and services	2,424	803	2,384	839
EBITDA	384	105	410	122
Net profit	262	66	276	80
Tourism
Revenues from sales and services	1,557	954	585	447
EBITDA	705	530	169	211
Net profit	481	436	(30)	133
Health food
Revenues from sales and services	361	130	390	155
EBITDA	51	15	43	16
Net profit	13	1	5	1
Other
Revenues from sales and services	-	(6)	(4)	(1)
EBITDA	(70)	(34)	(17)	(15)
Net profit	(93)	(21)	(110)	(28)

EBITDA is operating profit plus depreciation and amortization and declines in value of real property, machinery and equipment and intangible assets. Insurance EBITDA is calculated, for the consolidation purposes, as earnings before taxes plus depreciation and amortization. Financial indicators (revenues from sales of goods and services, EBITDA and net profit) of the segment are reported in accordance with the Group's accounting policies.

The Group's result for the first nine months of 2020 is influenced by operations of the tourism segment, affecting revenues from sales as well as EBITDA and net profit.

Adris Grupa d.d. / Obala Vladimira Nazora 1 / 52210 Rovinj, Hrvatska

tel.: +385 (0)52 801 000, 801 122; fax: +385 (0)52 813 587 / adris@adris.hr / www.adris.hr

Explanation of seasonal and cyclic trends for the periods throughout the year

The Group's operations in the tourism segment are characterized by high seasonality. About 30% of annual revenues are generated during the first six months. The highest revenues are traditionally generated in the third quarter, averagely up to two-thirds of annual revenues. The health food segment also records the highest demand during the summer months. About 60% of annual sales are normally made in the second and the third quarter, whereas the remaining 40% is made in the first and the fourth quarter.

Description of significant items influencing assets, liabilities, equity, net profit and cash flow, that are unusual in respect of their content, size or frequency

Group	Year 2019	Year 2020
(in millions of HRK)	Cumulative	Quarter	Cumulative	Quarter
amount	amount

Material costs	2,551	1,025	2,307	934
Personnel costs	879	320	713	268

A wide range of cost reduction initiatives have been implemented at the Group's level. A part of them were put into use in mid-March, and the rest have been in use since the beginning of April. Fixed salaries for the managers are reduced for a period of three plus three months, seasonal and temporary employment has been optimized and material costs have been reduced according to the plan. These measures have resulted in a reduction of material costs by 10% or HRK 244 million relative to the first nine months last year. Personnel costs decreased by 19% or by HRK 166 million in comparison with the same report period last year.

On 22 March 2020 a sequence of earthquakes hit the City of Zagreb measuring 5.5 on the Richter scale. Some of the Group's insurance contracts include earthquake-insurance coverage. Damages covered by the insurance contracts in respect of this event (after reinsurance) amount to HRK 40 million.

On 15 June 2020 the Supreme Court of the Republic of Croatia took a decision on increasing the orientation criteria and amounts for calculating a fair compensation for non-material damage and this to be by 50%, which will be applied to all future and ongoing compensation procedures. The mentioned decision led to an increase in technical provisions for insurance and/or has an impact on earnings before tax (after reinsurance) in the referred report period in

Adris Grupa d.d. / Obala Vladimira Nazora 1 / 52210 Rovinj, Hrvatska

tel.: +385 (0)52 801 000, 801 122; fax: +385 (0)52 813 587 / adris@adris.hr / www.adris.hr

the amount of more than HRK 80 million. Apart from the impact on the referred report period, the consequences of such decision are also reflected in higher future expenditure in respect of compensation for damage to which the insurance applies.

Due to a decline in business activities caused by the global epidemiological crisis, the Group received government support for the first nine months of 2020 in the total amount of HRK 64 million, the largest part of which was directed to the tourism segment.

Earnings per share

Basic EPS is determined by dividing net profit attributable to the shareholders of the parent company, by the weighted average number of ordinary shares, excluding the average number of ordinary shares purchased by the Company which holds them as treasury shares. Basic EPS is equal to diluted EPS since there are no diluted shares.

EPS in the current period	Group	Company
	Cumulative	Quarter	Cumulative	Quarter
	amount		amount
Net profit (in thousands of HRK)	141,470	228,378	485	(9,002)
Weighted average number of shares	15,790,189	15,767,144	15,790,189	15,767,144
Basic/diluted EPS (in HRK)	8.96	14.48	0.03	(0.57)

Significant events after the end of the reporting period

There were no significant events after the end of the reporting period.

Adris Grupa d.d. / Obala Vladimira Nazora 1 / 52210 Rovinj, Hrvatska

tel.: +385 (0)52 801 000, 801 122; fax: +385 (0)52 813 587 / adris@adris.hr / www.adris.hr

ISSUER'S GENERAL DATA

Reporting period:	1.1.2020	to	30.9.2020

Year:	2020
Quarter:	3.

	Quarterly financial statements
egistration number (MB):	03075281	Issuer's home Member
State code:

Entity's registration	040001061
number (MBS):

Personal identification	82023167977	LEI: 3157003OO9IA06S5FS61
number (OIB):

Institution	3309
code:

Name of the issuer: ADRIS GRUPA d. d.

Postcode and town:

52210

Rovinj

treet and house number: Obala Vladimira Nazora 1

E-mailaddress: postmaster@adris.hr

Web address: www.adris.hr

Number of employees	24
(end of the reporting

Consolidated report:	KN	(KN-notconsolidated/KD-consolidated)
Audited:	RN	(RN-notaudited/RD-audited)
Names of subsidiaries (according to IFRS):	Registered office:	MB:

Bookkeeping firm:

(Yes/No)

Contact person: Palinec, Vitomir

(only name and surname of the contact person) Telephone: 052 801 118

E-mailaddress: postmaster@adris.hr

Audit firm:

(name of the audit firm)

Certified auditor:

BALANCE SHEET

	balance as at 30.09.2020
Item	ADP
code

1	2

	in HRK
Last day of the	At the reporting date
preceding business	of the current period
year
3	4

FIXED ASSETS (ADP 003+010+020+031+036)

2 Concessions, patents, licences, trademarks, software and other rights

4 Advances for the purchase of intangible assets

5 Intangible assets in preparation

1 Land

4 Tools, working inventory and transportation assets

5 Biological assets

8 Other tangible assets

1 Investments in holdings (shares) of undertakings within the group 2 Investments in other securities of undertakings within the group

participating interests

interests

8 Loans, deposits, etc. given

9 Other investments accounted for using the equity method

1 Receivables from undertakings within the group

2 Receivables from companies linked by virtue of participating interests

4 Other receivables

I INVENTORIES (ADP 039 to 045) 1 Raw materials and consumables

4 Merchandise

7 Biological assets

II RECEIVABLES (ADP 047 to 052)

interests

3 Customer receivables

4 Receivables from employees and members of the undertaking

III CURRENT FINANCIAL ASSETS (ADP 054 to 062)

2 Investments in other securities of undertakings within the group

4 Investments in holdings (shares) of companies linked by virtue of participating interests

participating interests

6 Loans, deposits etc. to companies linked by virtue of participating interests

8 Loans, deposits, etc. given

9 Other financial assets

TOTAL ASSETS (ADP 001+002+037+064)

001	0	0
002	6.458.689.194	6.470.907.752
004	0	0
005	178.161	192.566
006	0	0
007	0	0
008	2.321.004	2.321.004
	0	0
010	770.857.522	763.134.198
011	34.897.405	34.897.405
013	7.598.049	2.670.852
014	2.003.060	811.523
015	0	0
	5.208.068	5.208.068
017	417.324.908	422.721.193
018	4.173.889	4.073.347
020	5.546.590.937	5.568.738.775
021	5.117.338.701	5.137.788.889
022	0	0
024	0	0
025	0	0
026	0	0
027	113.226.020	113.226.020
028	0	90.725
029	0	0
031	974.043	883.318
032	0	0
033	0	0
034	0	0
035	974.043	883.318
037	1.320.600.112	1.234.504.904
038	46.338	58.799
039	46.338	58.799
	0	0
041	0	0
042	0	0
044	0	0
045	0	0
046	53.983.536	19.445.871
048	0	0
049	779.314	745.896
050	17.939	17.199
	5.663.132	1.060.717
052	44.335.083	14.655.901
053	902.318.548	1.180.974.795
055	0	0
	0	0
057	0	0
058	0	0
059	0	0
060	160.247.795	121.226.004
061	742.070.753	1.059.748.791
062	0	0
	364.251.690	34.025.439
064	554.335	668.723
065	7.779.843.641	7.706.081.379

LIABILITIES
A) CAPITAL AND RESERVES (ADP 068 to	067	7.448.676.890	7.409.357.028
			164.000.000	164.000.000
III RESERVES FROM PROFIT (ADP 071+072-073+074+075)	069	60.723.749	60.724.215
070	7.206.788.212	7.131.520.782
3	Treasury shares and holdings (deductible item)	072	242.093.633	281.898.665
073	-242.093.633	-281.898.665
4	Statutory reserves	074	7.194.339.537	7.119.072.107
			0	0
V FAIR VALUE RESERVES (ADP 078 to 080)	076	0	0
077	52.627.327	52.627.327
3	Hedge of a net investment in a foreign operation - effective portion	079	0	0
080	0	0
VI RETAINED PROFIT OR LOSS BROUGHT FORWARD (ADP 082-	081	-59.841.887	0
083)

2	Loss brought forward	082	0	0
083	59.841.887	0
2	Loss for the business year	085	24.379.489	484.704
086	0	0
VIII MINORITY (NON-CONTROLLING) INTEREST	087	0	0
1	Provisions for pensions, termination benefits and similar obligations	089	56.684	56.684
4	Provisions for renewal of natural resources	091	0	0
092	0	0
5	Provisions for warranty obligations	093	0	0
	(ADP 096 to 106)		0	0
	095	223.586.869	226.639.364
1	Liabilities to undertakings within the group	096	0	0
2	Liabilities for loans, deposits, etc. of undertakings within the group	097	0	0
participating interests	099	0	0
100	0	0
6	Liabilities to banks and other financial institutions
101	0	0
7	Liabilities for advance payments	102	0	0
10	Other long-term liabilities	104	0	0
105	223.586.869	226.639.364
1	Liabilities to undertakings within the group		96.635.092	68.911.133
108	189.381	347.238
2	Liabilities for loans, deposits, etc. of undertakings within the group	109	29.271.601	28.677.251
participating interests	111	0	0

5	Liabilities for loans, deposits etc.	112	0	0
6	Liabilities to banks and other financial institutions	113	0	0
			0	52.067
9	Liabilities for securities	115	4.452.139	2.931.172
116	0	0
12	Liabilities arising from the share in the result	118	10.918.971	1.959.879
119	26.816.294	26.507.620
13	Liabilities arising from fixed assets held for sale	120	0	0
E) ACCRUALS AND DEFERRED INCOME	122	10.888.106	1.117.170
F) TOTAL - LIABILITIES (ADP 067+088+095+107+122)	123	7.779.843.641	7.706.081.379

STATEMENT OF PROFIT OR LOSS

for the period 01.01.2020 to 30.09.2020

Submitter: ADRIS GRUPA d. d.					in HRK

Item	ADP	Same period of the previous year	Current period
code	Cumulative	Quarter	Cumulative	Quarter


1	2	3	4	5	6

2 Income from sales (outside group)

5 Other operating income (outside the group)

OPERATING EXPENSES (ADP 132+133+137+141+142+143+146+153)

2 Material costs (ADP 134 to 136)

Costs of goods sold
Other external costs

Net salaries and wages
Tax and contributions from salary costs

Depreciation
Other costs
1. fixed assets other than financial assets

a) Provisions for pensions, termination benefits and similar

Provisions for ongoing legal cases
Provisions for renewal of natural resources

f) Other provisions

8 Other operating expenses

the group

2 Income from investments in holdings (shares) of companies linked by virtue of participating interests

3 Income from other long-term financial investment and loans granted to undertakings within the group

4 Other interest income from operations with undertakings within the group

5 Exchange rate differences and other financial income from operations with undertakings within the group

6 Income from other long-term financial investments and loans

9 Unrealised gains (income) from financial assets

group

undertakings within the group

5 Unrealised losses (expenses) from financial assets

SHARE IN PROFIT FROM UNDERTAKINGS LINKED BY VRITUE OF PARTICIPATING INTERESTS

PARTICIPATING INTEREST

IX TOTAL INCOME (ADP 125+154+173 + 174)

1 Pre-tax profit (ADP 177-178)

2 Loss for the period (ADP 182-179)

126	15.648.219	5.115.217	15.395.067	4.947.369
127	2.619.391	905.690	2.000.312	598.173
129	0	0	0	0
130	8.734.622	2.109.522	36.788.211	4.180.067
131	73.700.742	16.736.464	65.193.019	25.138.398
132	0	0	0	0
133	12.282.191	4.432.942	9.162.923	3.187.354
135	0	0	0	0
136	10.863.492	3.914.054	8.269.332	2.857.372
138	8.017.330	3.237.769	7.086.323	3.263.144
139	5.005.458	2.191.141	3.756.710	1.606.373
141	13.363.831	4.429.285	13.410.082	4.459.047
142	29.880.312	2.068.245	6.408.659	2.198.853
144	0	0	0	0
146	0	0	0	0
147	0	0	0	0
149	0	0	0	0
150	0	0	0	0
152	0	0	0	0
153	3.017.260	-510.803	23.693.419	9.661.238
155	0	0	0	0
156	0	0	0	0
157	23.421.164	5.260.242	9.254.758	2.905.554
158	0	0	0	0
159	2	0	8	0
160	0	0	0	0
162	0	0	0	0
163	0	0	0	0
165	852.303	274.906	760.540	356.777
166	830.639	274.409	726.380	322.789
167	0	0	0	0
169	0	0	0	0
170	0	0	0	0
172	0	0	0	0
173	0	0	0	0
175	0	0	0	0
176	0	0	0	0
177	61.577.730	15.878.908	68.567.900	14.356.917
179	-12.975.315	-1.132.462	2.614.341	-11.138.258
180	0	0	2.614.341	0
182	0	0	2.129.636	-2.135.848
184	0	0	484.705	0
185	-12.975.315	-1.132.462	0	-9.002.410

DISCONTINUED OPERATIONS (to be filled in by undertakings subject to IFRS only with discontinued operations)

(ADP 187-188)	186	0	0

XV INCOME TAX OF DISCONTINUED OPERATIONS	188	0	0
189	0	0
2	Discontinued operations loss for the period (ADP 189-186)	191
1	Pre-tax profit (ADP 192)	192	0	0
193
XVIII PROFIT OR LOSS FOR THE PERIOD (ADP 192-195)	195
196

198

APPENDIX to the P&L (to be filled in by undertakings that draw up consolidated annual financial statements)

0	0
0	0
0	0
0	0

2 Attributable to minority (non-controlling) interest

(ADP 204 to 211)

1 Exchange rate differences from translation of foreign operations

assets

assets available for sale

4 Profit or loss arising from effective cash flow hedging

5 Profit or loss arising from effective hedge of a net investment in a foreign operation

6 Share in other comprehensive income/loss of companies linked by virtue of participating interests

TAX ON OTHER COMPREHENSIVE INCOME FOR THE PERIOD IV NET OTHER COMPREHENSIVE INCOME OR LOSS (ADP 203-212)

V COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 202+213)

APPENDIX to the Statement on comprehensive income (to be filled in

VI COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 216+217)

200	-12.975.317	-1.132.465
201	0	0
202	-12.975.317	-1.132.465
203	0	0
204	0	0
205	0	0
206	0	0
207	0	0
208	0	0
209	0	0
211	0	0
212	0	0
213	0	0
214	-12.975.317	-1.132.465
	that draw up	ted
215	0	0

484.704	-9.002.410
0	0
484.704	-9.002.410
0	0
0	0
0	0
0	0
0	0
0	0
0	0
0	0
0	0
0	0
484.704	-9.002.410
0	0

217

STATEMENT OF CASH FLOWS - indirect method

for the period 01.01.2020 to 30.09.2020

Submitter: ADRIS GRUPA d. d.			in HRK

Item	ADP	Same period of the	Current period
code	previous year

1	2	3	4

Cash flow from operating activities

Pre-taxprofit
Adjustments (ADP 003 to 010):

Depreciation
Gains and losses from sale and value adjustment of fixed tangible and intangible assets
Gains and losses from sale and unrealised gains and losses and value adjustment of financial assets
Interest and dividend income
Interest expenses
Provisions
Exchange rate differences (unrealised)

losses

Cash flow increase or decrease before changes in working capital (ADP 001+002)

Increase or decrease in inventories
Other increase or decrease in working capital

Cash from operations (ADP 011+012)
4 Interest paid

NET CASH FLOW FROM OPERATING ACTIVITIES (ADP 017 to 019) Cash flow from investment activities

001	-12.975.317	2.614.341
002	-26.680.488	8.912.283
003	13.363.831	13.410.082
004	0	0
005	0	11.931.718
006	-41.540.414	-16.044.427
007	852.303	760.540
008	0	0
009	643.792	-1.145.630
010	0	0
011	-39.655.805	11.526.624
013	-9.839.158	-26.820.937
014	20.871.489	-11.786.359
015	19.101	-12.461
016	-55.032.561	53.235.678
017	-83.636.934	26.142.545
018	-854.942	-854.889
020	-75.516.607	29.836.213

1	Cash receipts from sales of fixed tangible and intangible assets	021	480	294.720
2	Cash receipts from sales of financial instruments	022	0	4.747
3	Interest received	023	25.502.766	14.019.060
		026	11.132	12.669
III Total cash receipts from investment activities (ADP 021 to 026)	027	1.407.784.187	1.322.516.734
1	Cash payments for the purchase of fixed tangible and intangible assets	028	-1.482.033	-8.885.808
2	Cash payments for the acquisition of financial instruments	029	0	-4.747
3	Cash payments for loans and deposits for the period	030	-899.334.220	-1.613.354.319
4	Acquisition of a subsidiary, net of cash acquired	031	-61.672.678	-19.721.088
IV Total cash payments from investment activities (ADP 028 to 032)	033	-962.488.931	-1.641.965.962
B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033)	034	445.295.256	-319.449.228

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	036	29.758.765	3.397
financial instruments

3	Cash receipts from credit principals, loans and other borrowings	037	5.000.000	0
4	Other cash receipts from financing activities	038	0	0
V Total cash receipts from financing activities (ADP 035 to 038)	039	34.758.765	3.397
1	Cash payments for the repayment of credit principals, loans and other	040	-4.350.000	-500.000
borrowings and debt financial instruments

		041	-288.457.640	-308.673
4	Cash payments for the redemption of treasury shares and decrease in	042	0	0
043	-93.346.007	-39.807.949
initial (subscribed) capital

5	Other cash payments from financing activities	044	-31	-14
VI Total cash payments from financing activities (ADP 040 to 044)	045	-386.153.678	-40.616.636
C) NET CASH FLOW FROM FINANCING ACTIVITIES (ADP 039 +045)	046	-351.394.913	-40.613.239
1	Unrealised exchange rate differences in respect of cash and cash	047	631	0
equivalents

D) NET INCREASE OR DECREASE IN CASH FLOWS (ADP	048	18.384.367	-330.226.254
020+034+046+047)

PERIOD	049	18.167.792	364.251.690

F) CASH AND CASH EQUIVALENTS AT THE END OF THE	050	36.552.159	34.025.436
PERIOD(ADP 048+049)

STATEMENT OF CHANGES IN EQUITY

	for the period from	1.1.2020	to	30.9.2020																	in HRK
											Attributable to owners of the parent
	Item			ADP					Treasury shares and						Fair value of		Hedge of a net	Retained profit /		Total attributable to	Minority (non-		Total capital and
			Initial (subscribed)			Reserves for				Revaluation		Cash flow hedge -	investment in a	Profit/loss for the	controlling)
			code	Capital reserves	Legal reserves	holdings (deductible	Statutory reserves	Other reserves			financial assets	loss brought	owners of the		reserves
				capital	treasury shares		reserves		effective portion	foreign operation -	business year	interest
							item)					available for sale	forward	parent
															effective portion

	1			2	3	4	5	6	7	8	9	10		11	12	13	14	15	16 (3 to 6 - 7	17		18 (16+17)
				+ 8 to 15)
Previous period
1 Balance on the first day of the previous business year		01	164.000.000	56.036.283	12.448.675	140.277.939	140.277.939	7.592.985.448		0		0	37.785.354	0	0	3.981.358	8.169.783	7.875.406.901		0	7.875.406.901
2 Changes in accounting policies			02	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
3 Correction of errors			03	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
4 Balance on the first day of the previous business year (restated) (ADP 01 to	04	164.000.000	56.036.283	12.448.675	140.277.939	140.277.939	7.592.985.448		0		0	37.785.354	0	0	3.981.358	8.169.783	7.875.406.901		0	7.875.406.901
03)
5 Profit/loss of the period			05	0	0	0	0	0	0		0		0	0	0	0	0	-12.975.317	-12.975.317		0	-12.975.317
					0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
7 Changes in revaluation reserves of fixed tangible and intangible assets		07	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
8 Profit or loss arising from subsequent measurement of financial assets available for	08	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
sale

9 Profit or loss arising from effective cash flow hedge			09	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
10	Profit or loss arising from effective hedge of a net investment in a foreign operation	10	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
11	Share in other comprehensive income/loss of companies linked by virtue of		11	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
participating interests

					0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
13	Other changes in equity unrelated to owners			13	0	4.608.965	0	-25.149.770	-25.149.770	25.149.770		0		0	0	0	0	0	0	29.758.735		0	29.758.735
14	Tax on transactions recognised directly in equity			14	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
15	Increase/decrease in initial (subscribed) capital (other than from reinvesting profit	15	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
and other than arising from the pre-bankruptcy settlement procedure)

16	Increase in initial (subscribed) capital arising from the reinvestment of profit		16	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
17	Increase in initial (subscribed) capital arising from the pre-bankruptcy settlement	17	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
procedure

18	Redemption of treasury shares/holdings			18	0	0	0	93.346.007	93.346.007	-93.346.007		0		0	0	0	0	0	0	-93.346.007		0	-93.346.007
19	Payment of share in profit/dividend			19	0	0	0	0	0	0		0		0	0	0	0	-290.553.227	0	-290.553.227		0	-290.553.227
20	Other distribution to owners			20	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
21	Transfer to reserves according to the annual schedule			21	0	0	0	0	0	-296.830.217		0		0	0	0	0	305.000.000	-8.169.783	0		0	0
22	Increase in reserves arising from the pre-bankruptcy settlement procedure		22	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
22)			23	164.000.000	60.645.248	12.448.675	208.474.176	208.474.176	7.227.958.994		0		0	37.785.354	0	0	18.428.131	-12.975.317	7.508.291.085		0	7.508.291.085
APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS)
I OTHER COMPREHENSIVE INCOME OF THE PREVIOUS PERIOD, NET OF	24	0	4.608.965	0	-25.149.770	-25.149.770	25.149.770		0		0	0	0	0	0	0	29.758.735		0	29.758.735
TAX (ADP 06 to 14)

II COMPREHENSIVE INCOME OR LOSS FOR THE PREVIOUS PERIOD (ADP	25	0	4.608.965	0	-25.149.770	-25.149.770	25.149.770		0		0	0	0	0	0	-12.975.317	16.783.418		0	16.783.418
05+24)

III TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED	26	0	0	0	93.346.007	93.346.007	-390.176.224		0		0	0	0	0	14.446.773	-8.169.783	-383.899.234		0	-383.899.234
DIRECTLY IN EQUITY (ADP 15 to 22)

Current period
1 Balance on the first day of the current business year			27	164.000.000	60.723.749	12.448.675	242.093.633	242.093.633	7.194.339.537		0		0	52.627.327	0	0	-59.841.887	24.379.489	7.448.676.890		0	7.448.676.890
2 Changes in accounting policies			28	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
3 Correction of errors			29	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
4 Balance on the first day of the current business year (restated) (ADP 27 to 29)	30	164.000.000	60.723.749	12.448.675	242.093.633	242.093.633	7.194.339.537		0		0	52.627.327	0	0	-59.841.887	24.379.489	7.448.676.890		0	7.448.676.890
5 Profit/loss of the period			31	0	0	0	0	0	0		0		0	0	0	0	0	484.704	484.704		0	484.704
6 Exchange rate differences from translation of foreign operations		32	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
7 Changes in revaluation reserves of fixed tangible and intangible assets		33	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
8 Profit or loss arising from subsequent measurement of financial assets available for	34	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
sale

9 Profit or loss arising from effective cash flow hedge			35	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
10	Profit or loss arising from effective hedge of a net investment in a foreign operation	36	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
11	Share in other comprehensive income/loss of companies linked by virtue of		37	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
participating interests

12	Actuarial gains/losses on the defined benefit obligation			38	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
				39	0	466	0	-2.917	-2.917	2.917		0		0	0	0	0	0	0	3.383		0	3.383
14	Tax on transactions recognised directly in equity			40	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
15	Increase/decrease in initial (subscribed) capital (other than from reinvesting profit	41	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
and other than arising from the pre-bankruptcy settlement procedure)

16	Increase in initial (subscribed) capital arising from the reinvestment of profit		42	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
17	Increase in initial (subscribed) capital arising from the pre-bankruptcy settlement	43	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
procedure

18	Redemption of treasury shares/holdings			44	0	0	0	39.807.949	39.807.949	-39.807.949		0		0	0	0	0	0	0	-39.807.949		0	-39.807.949
				45	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
20	Other distribution to owners			46	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
21	Transfer to reserves according to the annual schedule			47	0	0	0	0	0	-35.462.398		0		0	0	0	0	59.841.887	-24.379.489	0		0	0
22	Increase in reserves arising from the pre-bankruptcy settlement procedure		48	0	0	0	0	0	0		0		0	0	0	0	0	0	0		0	0
23	Balance on the last day of the current business year reporting period (ADP	49	164.000.000	60.724.215	12.448.675	281.898.665	281.898.665	7.119.072.107		0		0	52.627.327	0	0	0	484.704	7.409.357.028		0	7.409.357.028
30 to 48)

APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS)
I OTHER COMPREHENSIVE INCOME FOR THE CURRENT PERIOD, NET OF
TAX			50	0	466	0	-2.917	-2.917	2.917		0		0	0	0	0	0	0	3.383		0	3.383
	(ADP 32 to 40)
II COMPREHENSIVE INCOME OR LOSS FOR THE CURRENT PERIOD (ADP	51	0	466	0	-2.917	-2.917	2.917		0		0	0	0	0	0	484.704	488.087		0	488.087
31+50)

III TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED	52	0	0	0	39.807.949	39.807.949	-75.270.347		0		0	0	0	0	59.841.887	-24.379.489	-39.807.949		0	-39.807.949
DIRECTLY IN EQUITY (ADP 41 to 48)

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

Name of the issuer: ADRIS GRUPA d. d.

Personal identification number (OIB): 82023167977

Reporting period: 01.01. to 30.09.2020

Notes to financial statements for quarterly periods include:

an explanation of business events relevant to understanding changes in the statement of financial position and financial performance for the quarterly reporting period of the issuer with respect to the last business year: information is provided regarding these events and relevant information published in the last annual financial statement is updated,
information on the access to the latest annual financial statements, for the purpose of understanding information published in the notes to financial statements drawn up for the quarterly reporting period,
a statement explaining that the same accounting policies are applied while drawing up financial statements for the quarterly reporting period as in the latest annual financial statements or, in the case where the accounting policies have changed, a description of the nature and effect of the changes,
a description of the financial performance in the case of the issuer whose business is seasonal.

Access to the last annual financial statements is available on the Company's website https://www.adris.hr/odnosi-s-javnoscu/odnosi-s-investitorima/financijska-izvjesca/2019-2/, website of the Zagreb Stock Exchange, and in the Official Register of Regulatory Information at HANFA.

Condensed financial statements are prepared in accordance with International Accounting Standard 34 - Interim Financial Reporting for interim periods. Condensed financial statements do not include all data and disclosures required for annual financial statements and should be read together with the most recent published annual financial statements.

The same accounting policies are applied in the preparation of the financial statements for the quarterly reporting period as in the last annual financial statements.

ISSUER'S GENERAL DATA

Reporting period:	1.1.2020	to	30.9.2020

Year:	2020
Quarter:	3.

	Quarterly financial statements
egistration number (MB):	03075281	Issuer's home Member
State code:

Entity's registration	040001061
number (MBS):

Personal identification	82023167977	LEI: 3157003OO9IA06S5FS61
number (OIB):

Institution	3309
code:

Name of the issuer: ADRIS GRUPA d. d.

Postcode and town:

52210

Rovinj

treet and house number: Obala Vladimira Nazora 1

E-mailaddress: postmaster@adris.hr

Web address: www.adris.hr

Number of employees	6190
(end of the reporting

Consolidated report:	KD	(KN-notconsolidated/KD-consolidated)
Audited:	RN	(RN-notaudited/RD-audited)

Names of subsidiaries (according to IFRS):	Registered office:	MB:
MAISTRA d.d.	Rovinj, Obala Vladimira Nazora 6	01919016
CROMARIS d.d.	Zadar, Gaženička cesta 4/b	02561077
CROATIA osiguranje d. d.	Zagreb, Vatroslava Jagića 33	03276147
ABILIA d. o. o.	Rovinj, Obala Vladimira Nazora 1	01788493
EXPERTUS d. o. o.	Zagreb, Vatroslava Jagića 33	01885529

Bookkeeping firm:

(Yes/No)

Contact person: Palinec, Vitomir

(only name and surname of the contact person) Telephone: 052 801 118

E-mailaddress: postmaster@adris.hr

Audit firm:

(name of the audit firm)

Certified auditor:

BALANCE SHEET

	balance as at 30.09.2020
Item	ADP
code

1	2

	in HRK
Last day of the	At the reporting date
preceding business	of the current period
year
3	4

FIXED ASSETS (ADP 003+010+020+031+036)

2 Concessions, patents, licences, trademarks, software and other rights

4 Advances for the purchase of intangible assets

5 Intangible assets in preparation

1 Land

4 Tools, working inventory and transportation assets

5 Biological assets

8 Other tangible assets

1 Investments in holdings (shares) of undertakings within the group 2 Investments in other securities of undertakings within the group

participating interests

interests

8 Loans, deposits, etc. given

9 Other investments accounted for using the equity method

1 Receivables from undertakings within the group

2 Receivables from companies linked by virtue of participating interests

4 Other receivables

I INVENTORIES (ADP 039 to 045) 1 Raw materials and consumables

4 Merchandise

7 Biological assets

II RECEIVABLES (ADP 047 to 052)

interests

3 Customer receivables

4 Receivables from employees and members of the undertaking

III CURRENT FINANCIAL ASSETS (ADP 054 to 062)

2 Investments in other securities of undertakings within the group

4 Investments in holdings (shares) of companies linked by virtue of participating interests

participating interests

6 Loans, deposits etc. to companies linked by virtue of participating interests

8 Loans, deposits, etc. given

9 Other financial assets

TOTAL ASSETS (ADP 001+002+037+064)

001	0	0
002	17.161.755.893	17.021.620.591
004	0	0
005	297.796.073	273.599.719
006	330.810.481	330.810.482
007	0	15.829
008	8.976.396	49.403.830
	370.330.682	355.570.092
010	7.532.728.692	7.493.707.250
011	1.003.678.004	968.121.563
013	602.422.769	563.712.845
014	226.713.893	206.895.557
015	32.471.996	23.489.755
	13.088.837	13.227.863
017	483.734.191	616.869.793
018	28.011.371	29.136.658
020	8.185.336.376	8.135.459.695
021	0	0
022	0	0
024	89.589.582	97.046.007
025	0	0
026	0	0
027	7.203.742.062	7.386.302.708
028	892.004.732	652.110.980
029	0	0
031	191.915.405	132.459.427
032	0	0
033	0	0
034	905.418	372.055
035	191.009.987	132.087.372
037	4.467.703.745	5.026.145.432
038	649.283.317	685.579.189
039	41.975.625	54.025.091
	599.404.533	622.811.830
041	3.252.237	4.743.444
042	2.459.455	2.058.136
044	2.080.277	1.868.075
045	0	0
046	1.152.890.786	1.408.695.241
048	0	0
049	623.070.339	802.469.620
050	7.836.375	7.692.960
	39.698.385	77.318.951
052	482.285.687	521.213.710
053	1.984.333.992	2.098.284.115
055	0	0
	0	0
057	0	0
058	0	0
059	0	0
060	834.755.778	431.766.270
061	1.146.205.389	1.658.456.819
062	3.372.825	8.061.026
	681.195.650	833.586.887
064	60.287.494	75.400.804
065	21.689.747.132	22.123.166.827

LIABILITIES
A) CAPITAL AND RESERVES (ADP 068 to	067	10.564.819.525	10.543.014.465
			164.000.000	164.000.000
III RESERVES FROM PROFIT (ADP 071+072-073+074+075)	069	60.723.749	60.724.215
070	7.756.480.697	7.681.213.267
3	Treasury shares and holdings (deductible item)	072	242.093.633	281.898.665
073	-242.093.633	-281.898.665
4	Statutory reserves	074	7.744.032.022	7.668.764.592
			0	0
V FAIR VALUE RESERVES (ADP 078 to 080)	076	0	0
077	343.419.353	269.195.608
3	Hedge of a net investment in a foreign operation - effective portion	079	0	0
080	0	0
VI RETAINED PROFIT OR LOSS BROUGHT FORWARD (ADP 082-	081	264.403.805	705.364.564
083)

2	Loss brought forward	082	264.403.805	705.364.564
083	0	0
2	Loss for the business year	085	402.198.591	63.774.594
086	0	0
VIII MINORITY (NON-CONTROLLING) INTEREST	087	1.573.593.330	1.598.742.217
1	Provisions for pensions, termination benefits and similar obligations	089	64.470.285	46.300.538
4	Provisions for renewal of natural resources	091	90.250.077	78.855.392
092	0	0
5	Provisions for warranty obligations	093	0	0
	(ADP 096 to 106)		0	0
	095	7.175.423.096	7.249.826.675
1	Liabilities to undertakings within the group	096	0	0
2	Liabilities for loans, deposits, etc. of undertakings within the group	097	0	0
participating interests	099	0	0
100	37.519.790	82.166.641
6	Liabilities to banks and other financial institutions
101	1.499.961.125	1.526.772.346
7	Liabilities for advance payments	102	0	0
10	Other long-term liabilities	104	0	0
105	5.365.405.411	5.386.338.496
1	Liabilities to undertakings within the group		3.414.812.731	3.838.531.245
108	0	0
2	Liabilities for loans, deposits, etc. of undertakings within the group	109	0	0
participating interests	111	0	0

5	Liabilities for loans, deposits etc.	112	0	0
6	Liabilities to banks and other financial institutions	113	51.184.814	41.286.502
			25.056.326	36.300.343
9	Liabilities for securities	115	148.507.601	124.190.805
116	0	0
12	Liabilities arising from the share in the result	118	105.119.547	153.129.483
119	31.170.548	31.456.621
13	Liabilities arising from fixed assets held for sale	120	0	0
E) ACCRUALS AND DEFERRED INCOME	122	379.971.420	366.638.512
F) TOTAL - LIABILITIES (ADP 067+088+095+107+122)	123	21.689.747.134	22.123.166.827

STATEMENT OF PROFIT OR LOSS

for the period 01.01.2020 to 30.09.2020

Submitter: ADRIS GRUPA d. d.					in HRK

Item	ADP	Same period of the previous year	Current period
code	Cumulative	Quarter	Cumulative	Quarter


1	2	3	4	5	6

2 Income from sales (outside group)

5 Other operating income (outside the group)

OPERATING EXPENSES (ADP 132+133+137+141+142+143+146+153)

2 Material costs (ADP 134 to 136)

Costs of goods sold
Other external costs

Net salaries and wages
Tax and contributions from salary costs

Depreciation
Other costs
1. fixed assets other than financial assets

a) Provisions for pensions, termination benefits and similar

Provisions for ongoing legal cases
Provisions for renewal of natural resources

f) Other provisions

8 Other operating expenses

the group

2 Income from investments in holdings (shares) of companies linked by virtue of participating interests

3 Income from other long-term financial investment and loans granted to undertakings within the group

4 Other interest income from operations with undertakings within the group

5 Exchange rate differences and other financial income from operations with undertakings within the group

6 Income from other long-term financial investments and loans

9 Unrealised gains (income) from financial assets

group

undertakings within the group

5 Unrealised losses (expenses) from financial assets

SHARE IN PROFIT FROM UNDERTAKINGS LINKED BY VRITUE OF PARTICIPATING INTERESTS

PARTICIPATING INTEREST

IX TOTAL INCOME (ADP 125+154+173 + 174)

1 Pre-tax profit (ADP 177-178)

2 Loss for the period (ADP 182-179)

126	0	0	0	0
127	4.342.226.219	1.881.323.371	3.355.158.532	1.440.618.118
129	0	0	0	0
130	441.757.804	139.767.295	511.760.528	127.741.677
131	4.067.659.719	1.520.424.784	3.644.645.346	1.363.934.073
132	-53.558.226	-79.216.108	-19.194.673	-57.956.481
133	2.551.274.085	1.025.012.922	2.307.476.686	933.601.504
135	15.414.855	9.062.355	11.082.161	6.301.815
136	2.052.747.036	749.669.571	1.930.365.982	706.238.676
138	593.493.574	215.382.967	466.701.142	177.424.994
139	185.012.789	67.974.766	160.467.872	58.676.321
141	353.279.735	121.797.062	382.580.088	127.085.379
142	229.781.189	72.929.823	131.710.741	67.612.733
144	0	0	2.875.765	2.875.765
146	10.848.264	4.310.500	12.096.711	7.888.239
147	10.848.264	4.310.500	12.096.711	7.888.239
149	0	0	0	0
150	0	0	0	0
152	0	0	0	0
153	87.019.214	53.684.069	114.331.351	14.931.684
155	0	0	0	0
156	0	0	0	0
157	0	0	0	0
158	0	0	0	0
159	770.671	770.671	0	0
160	0	0	0	0
162	0	0	0	0
163	0	0	0	0
165	43.185.546	14.602.479	39.440.858	7.813.732
166	0	0	0	0
167	0	572.791	2.114.192	-365.988
169	0	0	0	0
170	0	0	0	0
172	0	0	0	0
173	9.210.914	2.890.872	7.438.215	2.505.991
175	0	0	0	0
176	0	0	0	0
177	4.821.911.170	2.032.213.492	3.882.285.625	1.568.936.962
179	711.065.905	497.186.229	198.199.421	197.189.157
180	711.065.905	497.186.229	198.199.421	197.189.157
182	48.370.963	15.673.392	56.729.667	10.282.554
184	662.694.942	481.512.837	141.469.754	186.906.603
185	0	0	0	0

DISCONTINUED OPERATIONS (to be filled in by undertakings subject to IFRS only with discontinued operations)

(ADP 187-188)	186	0	0	0	0

XV INCOME TAX OF DISCONTINUED OPERATIONS	188	0	0	0	0
189	0	0	0	0
2 Discontinued operations loss for the period (ADP 189-186)	191

1 Pre-tax profit (ADP 192)	192	0	0	0	0
193
XVIII PROFIT OR LOSS FOR THE PERIOD (ADP 192-195)	195
196
	198

APPENDIX to the P&L (to be filled in by undertakings that draw up consolidated annual financial statements)

2 Attributable to minority (non-controlling) interest

(ADP 204 to 211)

1 Exchange rate differences from translation of foreign operations

assets

assets available for sale

4 Profit or loss arising from effective cash flow hedging

5 Profit or loss arising from effective hedge of a net investment in a foreign operation

6 Share in other comprehensive income/loss of companies linked by virtue of participating interests

TAX ON OTHER COMPREHENSIVE INCOME FOR THE PERIOD IV NET OTHER COMPREHENSIVE INCOME OR LOSS (ADP 203-212)

V COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 202+213)

APPENDIX to the Statement on comprehensive income (to be filled in

VI COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 216+217)

200	547.784.275	424.479.534	63.774.594	150.682.138
201	114.910.668	57.033.305	77.695.159	36.224.462
202	662.694.943	481.512.839	141.469.753	186.906.600
203	302.682.095	102.852.823	-136.965.152	47.619.659
204	-109.228	777.476	3.281.557	-549.215
205	0	0	0	0
206	302.791.323	102.075.347	-140.246.709	48.168.874
207	0	0	0	0
208	0	0	0	0
209	0	0	0	0
211	0	0	0	0
212	53.198.371	18.166.422	-25.208.542	-59.178.431
213	249.483.724	84.686.401	-111.756.610	106.798.090
214	912.178.667	566.199.240	29.713.143	293.704.690
	that draw up	ted
215	912.178.667	566.199.240	29.713.143	293.704.690

217

198.762.148

85.496.405

40.139.006

72.114.289

STATEMENT OF CASH FLOWS - indirect method

for the period 01.01.2020 to 30.09.2020

Submitter: ADRIS GRUPA d. d.			in HRK

Item	ADP	Same period of the	Current period
code	previous year

1	2	3	4

Cash flow from operating activities

1 Pre-tax profit
Depreciation
Gains and losses from sale and value adjustment of fixed tangible and intangible assets

adjustment of financial assets

Interest and dividend income
Interest expenses
Provisions
Exchange rate differences (unrealised)
Other adjustments for non-cash transactions and unrealised gains and losses

Cash flow increase or decrease before changes in working capital (ADP 001+002)

NET CASH FLOW FROM OPERATING ACTIVITIES (ADP 017 to 019) Cash flow from investment activities

001	711.065.906	198.199.421
002	188.691.368	235.117.856
003	353.279.735	382.580.088
004	175.100	-504.494
005	-41.401.095	-35.084.968
006	-143.206.286	-154.685.647
007	29.155.858	33.607.684
008	-78.114.360	-56.377.707
009	2.071.695	-1.145.630
010	66.730.721	66.728.530
011	899.757.274	433.317.277
012	-92.890.323	38.672.935
013	430.483.800	507.641.400
014	-321.371.767	-225.059.686
015	-72.527.271	-36.295.872
016	-129.475.085	-207.612.907
017	806.866.951	471.990.212
018	-34.891.705	-22.505.791
019	2.853.995	-58.479.093
020	774.829.241	391.005.328

1	Cash receipts from sales of fixed tangible and intangible assets	021	19.670.071	81.181.879
		022	1.234.951.197	2.057.573.813
		023	234.506.601	212.634.376
		024	31.411.874	14.418.280
		025	1.764.145.041	1.563.704.129
		026	121.113.208	12.669
III Total cash receipts from investment activities (ADP 021 to 026)	027	3.405.797.992	3.929.525.146
1	Cash payments for the purchase of fixed tangible and intangible assets	028	-423.697.794	-337.361.082

IV Total cash payments from investment activities (ADP 028 to 032)	033	-3.718.543.965	-4.107.096.740
B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033)	034	-312.745.973	-177.571.594

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	036	29.758.765	3.397
financial instruments

V Total cash receipts from financing activities (ADP 035 to 038)

borrowings and debt financial instruments

4 Cash payments for the redemption of treasury shares and decrease in initial (subscribed) capital

VI Total cash payments from financing activities (ADP 040 to 044)

C) NET CASH FLOW FROM FINANCING ACTIVITIES (ADP 039 +045)

1 Unrealised exchange rate differences in respect of cash and cash equivalents

NET INCREASE OR DECREASE IN CASH FLOWS (ADP 020+034+046+047)

PERIOD

CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD(ADP 048+049)

037	673.172.483	148.000.000
038	0	0
039	702.931.248	148.003.397
040	-660.218.792	-132.886.136
041	-300.682.544	-465.424
042	-18.458.871	0
043	-93.346.007	-39.807.949
044	-87.868.727	-35.886.385
045	-1.160.574.941	-209.045.894
046	-457.643.693	-61.042.497
047	-6.577	0
048	4.432.998	152.391.237
049	633.055.461	681.195.650
050	637.488.459	833.586.887

STATEMENT OF CHANGES IN EQUITY

	for the period from	1.1.2020	to	30.9.2020																in HRK
											Attributable to owners of the parent
	Item			ADP					Treasury shares and					Fair value of		Hedge of a net	Retained profit /		Total attributable to	Minority (non-	Total capital and
			Initial (subscribed)			Reserves for			Revaluation		Cash flow hedge -	investment in a	Profit/loss for the	controlling)
			code	Capital reserves	Legal reserves	holdings (deductible	Statutory reserves	Other reserves		financial assets	loss brought	owners of the	reserves
				capital	treasury shares	reserves		effective portion	foreign operation -	business year	interest
							item)				available for sale	forward	parent
														effective portion

	1			2	3	4	5	6	7	8	9	10		11	12	13	14	15	16 (3 to 6 - 7	17	18 (16+17)
				+ 8 to 15)
Previous period
1 Balance on the first day of the previous business year		01	164.000.000	56.036.283	12.448.675	140.277.939	140.277.939	7.592.985.447	533.322.271		0	158.688.805	0	0	-28.694.718	307.477.342	8.796.264.105	1.473.521.506	10.269.785.611
2 Changes in accounting policies			02	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
3 Correction of errors			03	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
4 Balance on the first day of the previous business year (restated) (ADP 01 to	04	164.000.000	56.036.283	12.448.675	140.277.939	140.277.939	7.592.985.447	533.322.271		0	158.688.805	0	0	-28.694.718	307.477.342	8.796.264.105	1.473.521.506	10.269.785.611
03)
5 Profit/loss of the period			05	0	0	0	0	0	0	0		0	0	0	0	0	547.784.275	547.784.275	114.910.668	662.694.943
					0	0	0	0	0	0	-59.464		0	0	0	0	0	0	-59.464	-30.103	-89.567
7 Changes in revaluation reserves of fixed tangible and intangible assets		07	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
8 Profit or loss arising from subsequent measurement of financial assets available for	08	0	0	0	0	0	0	0		0	165.691.708	0	0	0	0	165.691.708	83.881.583	249.573.291
sale

9 Profit or loss arising from effective cash flow hedge			09	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
10	Profit or loss arising from effective hedge of a net investment in a foreign operation	10	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
11	Share in other comprehensive income/loss of companies linked by virtue of		11	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
participating interests

					0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
13	Other changes in equity unrelated to owners			13	0	4.608.965	0	-25.149.770	-25.149.770	25.149.771	115.216.137		0	1.560.739	0	0	-147.281.962	0	-746.350	-68.641.672	-69.388.022
14	Tax on transactions recognised directly in equity			14	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
15	Increase/decrease in initial (subscribed) capital (other than from reinvesting profit	15	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
and other than arising from the pre-bankruptcy settlement procedure)

16	Increase in initial (subscribed) capital arising from the reinvestment of profit		16	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
17	Increase in initial (subscribed) capital arising from the pre-bankruptcy settlement	17	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
procedure

18	Redemption of treasury shares/holdings			18	0	0	0	93.346.007	93.346.007	-93.346.007	0		0	0	0	0	0	0	-93.346.007	0	-93.346.007
19	Payment of share in profit/dividend			19	0	0	0	0	0	0	0		0	0	0	0	-290.553.227	0	-290.553.227	0	-290.553.227
20	Other distribution to owners			20	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
21	Transfer to reserves according to the annual schedule			21	0	0	0	0	0	-296.830.217	0		0	0	0	0	604.307.559	-307.477.342	0	0	0
22	Increase in reserves arising from the pre-bankruptcy settlement procedure		22	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
22)			23	164.000.000	60.645.248	12.448.675	208.474.176	208.474.176	7.227.958.994	648.478.944		0	325.941.252	0	0	137.777.652	547.784.275	9.125.035.040	1.603.641.982	10.728.677.022
APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS)
I OTHER COMPREHENSIVE INCOME OF THE PREVIOUS PERIOD, NET OF	24	0	4.608.965	0	-25.149.770	-25.149.770	25.149.771	115.156.673		0	167.252.447	0	0	-147.281.962	0	164.885.894	15.209.808	180.095.702
TAX (ADP 06 to 14)

II COMPREHENSIVE INCOME OR LOSS FOR THE PREVIOUS PERIOD (ADP	25	0	4.608.965	0	-25.149.770	-25.149.770	25.149.771	115.156.673		0	167.252.447	0	0	-147.281.962	547.784.275	712.670.169	130.120.476	842.790.645
05+24)

III TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED	26	0	0	0	93.346.007	93.346.007	-390.176.224	0		0	0	0	0	313.754.332	-307.477.342	-383.899.234	0	-383.899.234
DIRECTLY IN EQUITY (ADP 15 to 22)

Current period
1 Balance on the first day of the current business year			27	164.000.000	60.723.749	12.448.675	242.093.633	242.093.633	7.744.032.022	0		0	343.419.353	0	0	264.403.805	402.198.591	8.991.226.195	1.573.593.330	10.564.819.525
2 Changes in accounting policies			28	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
3 Correction of errors			29	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
4 Balance on the first day of the current business year (restated) (ADP 27 to 29)	30	164.000.000	60.723.749	12.448.675	242.093.633	242.093.633	7.744.032.022	0		0	343.419.353	0	0	264.403.805	402.198.591	8.991.226.195	1.573.593.330	10.564.819.525
5 Profit/loss of the period			31	0	0	0	0	0	0	0		0	0	0	0	0	63.774.594	63.774.594	77.695.159	141.469.753
6 Exchange rate differences from translation of foreign operations		32	0	0	0	0	0	0	1.786.473		0	0	0	0	0	0	1.786.473	904.404	2.690.877
7 Changes in revaluation reserves of fixed tangible and intangible assets		33	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
8 Profit or loss arising from subsequent measurement of financial assets available for	34	0	0	0	0	0	0	0		0	-75.986.930	0	0	0	0	-75.986.930	-38.460.557	-114.447.487
sale

9 Profit or loss arising from effective cash flow hedge			35	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
10	Profit or loss arising from effective hedge of a net investment in a foreign operation	36	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
11	Share in other comprehensive income/loss of companies linked by virtue of		37	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
participating interests

12	Actuarial gains/losses on the defined benefit obligation			38	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
				39	0	466	0	-2.917	-2.917	2.917	-1.786.473		0	1.763.185	0	0	3.299.770	0	3.279.865	-14.990.119	-11.710.254
14	Tax on transactions recognised directly in equity			40	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
15	Increase/decrease in initial (subscribed) capital (other than from reinvesting profit	41	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
and other than arising from the pre-bankruptcy settlement procedure)

16	Increase in initial (subscribed) capital arising from the reinvestment of profit		42	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
17	Increase in initial (subscribed) capital arising from the pre-bankruptcy settlement	43	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
procedure

18	Redemption of treasury shares/holdings			44	0	0	0	39.807.949	39.807.949	-39.807.949	0		0	0	0	0	0	0	-39.807.949	0	-39.807.949
				45	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
20	Other distribution to owners			46	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
21	Transfer to reserves according to the annual schedule			47	0	0	0	0	0	-35.462.398	0		0	0	0	0	437.660.989	-402.198.591	0	0	0
22	Increase in reserves arising from the pre-bankruptcy settlement procedure		48	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0
23	Balance on the last day of the current business year reporting period (ADP	49	164.000.000	60.724.215	12.448.675	281.898.665	281.898.665	7.668.764.592	0		0	269.195.608	0	0	705.364.564	63.774.594	8.944.272.248	1.598.742.217	10.543.014.465
30 to 48)

APPENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by undertakings that draw up financial statements in accordance with the IFRS)
I OTHER COMPREHENSIVE INCOME FOR THE CURRENT PERIOD, NET OF
TAX			50	0	466	0	-2.917	-2.917	2.917	0		0	-74.223.745	0	0	3.299.770	0	-70.920.592	-52.546.272	-123.466.864
	(ADP 32 to 40)
II COMPREHENSIVE INCOME OR LOSS FOR THE CURRENT PERIOD (ADP	51	0	466	0	-2.917	-2.917	2.917	0		0	-74.223.745	0	0	3.299.770	63.774.594	-7.145.998	25.148.887	18.002.889
31+50)

III TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED	52	0	0	0	39.807.949	39.807.949	-75.270.347	0		0	0	0	0	437.660.989	-402.198.591	-39.807.949	0	-39.807.949
DIRECTLY IN EQUITY (ADP 41 to 48)

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

Name of the issuer: ADRIS GRUPA d. d.

Personal identification number (OIB): 82023167977

Reporting period: 01.01. to 30.09.2020

Notes to financial statements for quarterly periods include:

an explanation of business events relevant to understanding changes in the statement of financial position and financial performance for the quarterly reporting period of the issuer with respect to the last business year: information is provided regarding these events and relevant information published in the last annual financial statement is updated,
information on the access to the latest annual financial statements, for the purpose of understanding information published in the notes to financial statements drawn up for the quarterly reporting period,
a statement explaining that the same accounting policies are applied while drawing up financial statements for the quarterly reporting period as in the latest annual financial statements or, in the case where the accounting policies have changed, a description of the nature and effect of the changes,
a description of the financial performance in the case of the issuer whose business is seasonal.

The same accounting policies are applied in the preparation of the financial statements for the quarterly reporting period as in the last annual financial statements.

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Adris grupa dd published this content on 12 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 November 2020 14:56:01 UTC

End-of-day quote Zagreb S.E. Other stock markets 06:00:00 2024-05-07 pm EDT			5-day change	1st Jan Change
80 ^EUR	0.00%		-4.76%	0.00%

Apr. 30	Adris grupa d. d. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Feb. 27	Adris grupa d. d. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Adris grupa d. d. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 30	CI
Adris grupa d. d. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 27	CI
Adris grupa d. d. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 27	CI
Adris grupa d. d. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-26	CI
Adris grupa d. d.'s Equity Buyback announced on June 15, 2022, has expired.	23-06-19	CI
Adris grupa d. d. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-28	CI
Adris grupa d. d. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022	23-02-23	CI
Adris grupa d. d. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-10-28	CI
Adris grupa d. d. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-07-27	CI
Adris grupa d. d.'s Equity Buyback announced on June 18, 2021, has expired.	22-06-19	CI
Adris grupa d. d. announces an Equity Buyback for 944,607 shares, for HRK 450 million.	22-06-15	CI
Adris grupa d. d. authorizes a Buyback Plan.	22-06-14	CI
Adris grupa d. d. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-04-28	CI
Adris grupa d. d. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-04-28	CI
Adris grupa d. d. Reports Earnings Results for the Full Year Ended December 31, 2021	22-02-28	CI
Adris grupa d. d. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-10-28	CI
Adris Grupa D. D. Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-07-29	CI
Adris grupa d. d. announces an Equity Buyback.	21-06-29	CI
Adris grupa d. d. authorizes a Buyback Plan.	21-06-17	CI
Adris grupa d. d.'s Equity Buyback announced on June 19, 2020, has expired.	21-06-17	CI
Adris grupa d. d. acquired remaining 22.2% stake in Expertus D.O.O.	21-02-28	CI
Adris grupa d. d. announces an Equity Buyback for 1,640,000 shares, for HRK 900 million.	20-06-18	CI
Adris grupa d. d.'s Equity Buyback announced on July 1, 2019, has expired.	20-06-18	CI
Adris grupa d.d. authorizes a Buyback Plan.	20-06-17	CI
Adris Reports Consolidated Earnings Results for the First Quarter of 2020	20-04-28	CI

	1st Jan change	Capi.
ADRIS GRUPA D. D.	0.00%	1.21B
ALLIANZ SE	+9.73%	111B
MARSH & MCLENNAN COMPANIES	+8.49%	101B
ZURICH INSURANCE GROUP LTD	+4.05%	72.63B
HARTFORD FINANCIAL SERVICES GROUP (THE), INC.	+26.76%	30.13B
TALANX AG	+7.89%	19.39B
BB SEGURIDADE PARTICIPAÇÕES S.A.	-1.55%	12.65B
POWSZECHNY ZAKLAD UBEZPIECZE? SPÓLKA AKCYJNA	+10.85%	11.33B
ASR NEDERLAND N.V.	+14.00%	11.05B
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED	+17.00%	9.8B

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