SIF Banat Crisana : NAV as of date 12/31/2021

						STATEMENT OF	Annex 10
						SIF Banat-Crișana assets and liabilities	as per Reg 7/2020
						AIFRI established by a constitutive act
					12/31/2021
		ITEM					VALUE (RON)
1	Intangible assets					4,113
2	Tangible assets					3,840,248
3	Investment property			12,255,013
4	Biological assets					-
5 Assets representing rights to use the underlying assets in a leasing contract	660,578
6	Financial assets					3,175,480,603
	6.1	Financial assets measured at amortized cost	-
	6.2	Financial assets measured at fair value through profit and loss	1,644,640,803
		6.2.1	Shares			1,238,290,337
			6.2.1.1 Admitted to trading on a trading venue	932,461,445
			6.2.1.2.1	in Romania	932,461,445
					6.2.1.2.1.1 Traded in the last 30 trading days	457,857,961
					6.2.1.2.1.2 Not traded in the last 30 trading days	474,603,485
			6.2.1.2.2	in a Member State	-
				6.2.1.2.3	in a third country	-
			6.2.1.2 Not admitted to trading	305,828,892
				6.2.1.2.1	in Romania	305,828,892
				6.2.1.2.2	in a Member State	-
				6.2.1.2.3	in a third country	-
		6.2.2	Corporate bonds			37,170,203
			6.2.2.1 Admitted to trading on a trading venue	37,170,203
			6.2.2.1.1	in Romania	37,170,203
					6.2.2.2.1.1 Traded in the last 30 trading days	-
					6.2.2.2.1.2 Not traded in the last 30 trading days	37,170,203
				6.2.2.1.2	in a Member State	-
				6.2.2.1.3	in a third country	-
			6.2.2.2 Not admitted to trading	-
			6.1.2.2.1	in Romania	-
				6.1.2.2.2	in a Member State	-
			6.1.2.2.3	in a third country	-

6.2.3

Securities of AIF / UCITS

369,180,263

		6.2.3.2	Fund units				369,180,263
			6.2.3.2.1	Admitted to trading on a trading venue	-
			6.2.3.2.2	Not admitted to trading	369,180,263
				6.2.3.2.2.1		in Romania	330,577,203
				6.2.3.2.2.2		in a Member State	-
				6.2.3.2.2.3		in a third country	38,603,060
6.3	Financial assets measured at fair value through other comprehensive income	1,530,839,800
	6.3.1	Shares					1,443,166,961
		6.3.1.1 Addmitted to trading on a trading venue	1,333,872,415
			6.3.1.2.1	in Romania		1,129,268,480
				6.3.1.2.1.1		Traded in the last 30 trading days	1,128,387,980
				6.3.1.2.1.2		Not traded in the last 30 trading days	880,500
			6.3.1.2.2	in a Member State	204,603,935
				6.3.1.2.2.1		Traded in the last 30 trading days	204,603,935
				6.3.1.2.2.2		Not traded in the last 30 trading days	-
			6.3.1.2.3	in a third country		-
				6.1.1.2.3.1		Traded in the last 30 trading days	-
				6.1.1.2.3.2		Not traded in the last 30 trading days	-
		6.3.1.2	Not admitted to trading		109,294,546
			6.3.1.2.1	in Romania		109,294,546
			6.3.1.2.2	in a Member State	-
			6.3.1.2.3	in a third country		-
	6.3.2	Corporate bonds				5,205,327
		6.3.2.1 Admitted to trading on a trading venue	5,205,327
			6.3.2.1.1	in Romania		5,205,327
				6.3.2.2.1.1		Traded in the last 30 trading days	5,205,327
				6.3.2.2.1.2		Not traded in the last 30 trading days	-
			6.3.2.1.2	in a Member State	-
			6.3.2.1.3	in a third country		-
		6.3.2.2	Not admitted to trading		-
	6.3.3	Securities of AIF / UCITS		82,467,512
		6.3.3.1	Shares				82,467,512
			6.3.3.1	Admitted to trading on a trading venue	82,467,512
				6.3.3.1.1		in Romania	82,467,512
				6.3.3.1.1.1		Traded in the last 30 trading days	82,467,512
				6.3.3.1.1.2		Not traded in the last 30 trading days	-

6.3.3.2.2

in a Member State

-

						6.3.3.2.3	in a third country	-
				6.3.3.2	Not admitted to trading	-
				6.3.3.2 Fund units			-
	7 Cash available (cash and cash equivalent)		153,652,089
	8	Bank deposits			185,705,889
	9	Other assets:			21,505,562
		9.1	Dividends or other receivables			2,607,914
		9.2	Other assets			18,897,648
	10	Accrued expenses			209,328
	11	Total assets			3,553,313,423
	12	Total liabilities			190,126,414
		12.1	Financial liabilities measured at amortized cost		10,506,419
		12.2	Deferred income tax liabilities			179,619,996
		12.3	Other liabilities			-
	13	Provisions for risks and expenses			-
	14	Deferred income			33,306
	15	Equity, of which:			3,356,373,837
		15.1	Share capital			51,542,236
		15.2	Items treated as equity			642,622,709
		15.3	Other components of equity			950,553,361
		15.4	Premium related to capital			-
		15.5	Revaluation reserves			1,176,569
		15.6	Reserves			3,220,076,087
*		15.7	Treasury shares			-21,694,227
		15.8	Retained earnings			688,511,013
		15.9	Retained earnings first-time adoption of IAS 29 (debtor account)	-2,537,534,532
**		15.10	Result for the period			361,120,621
	16	Net Asset Value			3,363,153,702
***	17	Number of issued shares			507,510,056
	18	Net Asset Value per Share			6.6268
	19	Number of companies in the portfolio, of which:		98
		19.1	Companies admitted to trading on an EU trading venue	34
		19.2	Companies admitted to trading on a stock exchange in a third country	-
		19.3	Companies not admitted to trading		64

NOTE

• The value of the repurchased shares within the Public Tender Offer carried out between September 29 and October 12, 2021.

• We inform the investors that the result for the year is related to the information available at the date of accounting month-end closing as of December 31, 2021 and does not include differences in fair value of holdings measured through valuation reports prepared by external valuers (Level 3 according to IFRS 13). The preliminary financial results for the year 2021 will be published in February 2022 according to the financial reporting calendar to be communicated by the company.

• As per Art. 123, par. (3) of ASF Regulation no. 9/2014, this item displays the number of shares issued by the company and outstanding
  as of the reporting date, excluding the treasury shares repurchased by the company, based on which the net asset value per share is calculated. At the date of this report, out of the total of 515,422,363 issued shares, the company holds a number of 7.912.307 treasury shares,
  repurchased under the PTO carried out between September 29 and October 12, 2021.

SIF Banat-Crisana	Certified
	Banca Comercialã Românã
TEODORA SFERDIAN	MIHAELA-NICOLETA IOSIF
Director General Adjunct	Specialist Depozitare
Evaluare si Activ net	ALEXANDRA DUMITRAŞCU
MIRON URS	Coordonator echipa Depozitare
RC Conformitate
EUGEN CRISTEA