Forsee Power : 2022 Half-Yearly Financial Report

Société Anonyme à Conseil d'administration (A public limited company with a board of directors)

Registered office: 1 boulevard Hippolyte Marques, 94200 Ivry-sur-Seine

2022

Half-Yearly Financial Report

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1 ATTESTATION BY THE PERSON RESPONSIBLE FOR THE HALF-YEARLY FINANCIAL

REPORT	3
HALF-YEARLY BUSINESS REPORT	5
2.1	Key performance indicators	6
2.2	Analysis of first-half activity and results	6
2.3	Comments on the main balance sheet items	16
2.4	Group consolidated cash flows	17
2.5	Financial debt	19
2.6	Capital expenditure	21
2.7	Subsequent events	22
2.8	Main transactions with related parties	22
2.9	Main risks and uncertainties for the remaining six months	22
CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2022	23
3.1	Consolidated financial statements as of June 30, 2022	24
3.2	Statutory auditors' limited review report	77

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ATTESTATION BY THE PERSON RESPONSIBLE FOR THE HALF-YEARLY FINANCIAL REPORT

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"I certify that to my knowledge, the condensed consolidated interim financial statements for the six months ended June 30, 2022, have been prepared in accordance with the applicable accounting standards and provide a true and fair view of the net assets, financial position and financial performance of the Company and of all companies included in the scope of consolidation. I equally certify that to my knowledge, the attached half-yearly activity report faithfully represents the significant events that have occurred during the first six months of the financial year and their impact on the consolidated financial statements, as well as the main transactions that have taken place with related parties, and provide a description of the principal risks and uncertainties associated with the remaining six months of the financial year".

Christophe Gurtner, Chairman and CEO

Signed in Ivry-sur-Seine, on September 16, 2022

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HALF-YEARLY BUSINESS REPORT

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