AKKO Invest : Half-yearly Report

IAS

International Accounting Standards

IFRS

International Financial Reporting Standards

IFRIC/SIC

International Financial Reporting Interpretation Committee/Standing

Interpretation Committee

FVTOCI

Measured at fair value through other comprehensive income

FVTPL

Measured at fair value through profit or loss

CODM

Chief Operating Decision Maker

EPS

Earnings per share

AC

Audit Committee

ECL

Expected credit loss

ROU

Right-of-use assets

Consolidated Financial Statements of AKKO Invest Plc. and its subsidiaries involved in the

consolidation, prepared in accordance with the IFRS for the semester ending on 30/06/2023

All the figures are stated in HUF million unless otherwise indicated.

Contents

I. Interim comprehensive income statement

5

II. Interim consolidated balance sheet

6

III.

Interim consolidated statement of changes in equity

8

IV.

Interim consolidated cash flow statement

9

V. Main elements of the accounting policy, changing standards

10

VI.

The basis of preparation of financial statements

10

VII.

Evolution of the structure of the Group

11

VIII.

Presentation of financial statements in interim financial statements, seasonality, disclosures

related to fair value and other priority disclosures

11

IX.

Supplementary notes to the Interim Comprehensive Income Statement

12

1.

Composition of the revenue of the Group

12

2.

Direct administrative and sales expenditures

12

3.

Evolution of earnings from other activities and financial activities

14

4.

Negative goodwill

15

5.

Evolution of the EPS and EBITDA indicators of the Group

16

X. Supplementary notes to the interim balance sheet

17

6.

Value of customer relations

17

7.

Right-of-useassets and lease liability

17

8.

Other intangible assets

18

9.

Investment properties

19

10.

Properties

20

11.

Plant, fixtures and equipment

21

12.

Other receivables and prepayments and accrued income

22

13.

Treasury shares

22

14.

Bank loans

23

15.

Received loans

24

16.

Provisions

24

17.

Other short-termliabilities and accruals

25

XI.

Other disclosures

26

18.

Operating segments

26

19.

Transactions with related parties

29

20.

Material events after the Interim Period

30

21.

Disclosures related to the situation of war between Russia and the Ukraine

30

22.

Accountancy service provider

30

3

the issuer

31

I. Business and Management Report of AKKO Invest Plc and AKKO Group

33

COMPREHENSIVE INCOME STATEMENT

Notes

30/06/2023

30/06/2022

Revenue

(1)

15 621

11 276

Direct expenditures

(2)

(14 144)

(10 191)

Gross profit or loss

1 477

1 085

Administrative and sales expenditures

(2)

(541)

(457)

Other expenditures, net

(3)

(174)

(53)

Financial expenditures, net

(3)

(275)

(94)

Income from the sale of subsidiaries

-

-

Negative goodwill

(4)

87

-

Profit or loss before tax

574

481

Income tax expenditure

(254)

(117)

Profit after tax

320

364

Part attributable to the owners of the parent company

320

364

Part attributable to non-controlling interests

-

-

Exchange difference

5

(4)

Other comprehensive income (after income tax)

5

(4)

Total comprehensive income

325

360

Part attributable to the owners of the parent company

325

360

Part attributable to non-controlling interests

-

-

Earnings per share in HUF

(5)

9,65

11,17

Diluted earnings per share in HUF

(5)

9,65

11,17

EBITDA

(5)

1 358

1 032