Zwack Unicum : Proposed separate financial statements 2022/23 in

ZWACK UNICUM PLC.

SEPARATE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023

PREPARED IN COMPLIANCE WITH

INTERNATIONAL FINANCIAL REPORTING STANDARDS

AS ADOPTED BY THE EUROPEAN UNION

(This is an English translation of the separate financial statements for the financial year between 1 April 2022 and 31 March 2023 issued in Hungarian. The content of the English translation is consistent with the content of the separate financial statements prepared in xhtml format.)

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TABLE OF CONTENTS

	Page
DECLARATION	3
FINANCIAL STATEMENTS
Statement of financial position	4
Statement of comprehensive income for the financial year ended 31 March 2023	5
Cash flow statement for the financial year ended 31 March 2023	6
Statement of changes in equity for the financial year ended 31 March 2023	7
Notes to the financial statements for the financial year ended 31 March 2023	8-50
Business and Management Report for the financial year ended on 31 March 2023	51-60

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DECLARATIONS

We, the undersigned Zwack Unicum Liqueur Industry and Trading Public Limited Company, hereby declare that the facts and statements contained in the Annual Report covering the Company's business year of 2022- 2023 (1 April 2022 - 31 March 2023) are true in all respects, and that the Annual Report does not hide any fact that is of importance in assessing the situation of the Company.

Financial reports (Statement of Financial Position, Statement of Comprehensive Income, Cash Flow, Statement of Changes in Equity and Notes to the Financial Statements) presented in the Annual Report were prepared according to the applicable accountancy regulations and our best knowledge. Financial reports give real and authentic picture of the assets, liabilities, financial situation and profit of the issuing company.

Business and Management Report, which is part of the Annual Report, gives authentic picture of the situation, development and achievement of the issuing company, reciting the major risks and factors of uncertainty.

The Company has fulfilled the periodic and extraordinary duties of disclosure, as required by the Capital Market law.

The Company's audit has been provided by KPMG Hungária Kft. The Auditor of the Company did not receive other assignment than the audit of the annual report of the Company.

Budapest, 25 May 2023

Katalin Hollósi	Balázs Szűcs
Chief Accountant	Investor correspondent

based on the power of attorney provided by:

Sándor Zwack	Frank Odzuck
Chairman of the Board	Chief Executive Officer

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ZWACK UNICUM NYRT.

STATEMENT OF FINANCIAL POSITION

ASSETS

Non-current assets

Property, plant and equipment

Intangible assets

Investment in associate

Employee loans

Deferred tax asset

Current assets

Inventories

Trade receivables

Other financial receivables

Current income tax

Non-financial receivables

Cash and cash equivalents

Total assets

EQUITY AND LIABILITIES

Shareholders' equity

Share capital

Share premium

Retained earnings

Liabilities

Non-current liabilities

Leases

Long-term employee benefits Deferred income

Current liabilities Trade and other payables Leases

Amount payable (due) to customers Current income tax

Employee benefits

Other taxes and other non-financial liabilities Short term loan

Provisions

Total equity and liabilities

*See Note 2 (t)

The Financial statements were accepted by the Board of Directors on 25 May 2023 and signed on their behalf by:

Katalin Hollósi	Balázs Szűcs
Chief Accountant	Investor correspondent

	31 March	31 March	1 April
Note	2023	2022	2021
		Restated *	Restated *
	HUF mill	HUF mill	HUF mill
	4 121	3 491	3 652
5	3 946	3 309	3 442
6	75	78	85
	0	0	16
7	1	1	0
19	99	103	109
	11 312	11 601	9 406
8	4 517	3 140	2 800
9	3 149	3 198	2 410
9	109	70	56
	0	0	77
9	104	114	74
10	3 433	5 079	3 989
	15 433	15 092	13 058
	9 260	8 812	7 012
	2 000	2 000	2 000
	165	165	165
	7 095	6 647	4 847
	6 173	6 280	6 046
	680	652	635
11	24	24	39
11	573	534	492
11	83	94	104
	5 493	5 628	5 411
12	2 543	2 475	1 690
12	6	19	15
12	547	781	614
12	195	167	0
12	883	808	825
12	1 306	1 378	1 007
	0	0	1 250
13	13	0	10
	15 433	15 092	13 058

based on the power of attorney provided by:

Sándor Zwack	Frank Odzuck
Chairman of the Board	Chief Executive Officer

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ZWACK UNICUM NYRT.

STATEMENT OF COMPREHENSIVE INCOME

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023

	Note
Revenue, gross of excise tax and public health product tax
Excise tax
Public health product tax
Revenue, net of excise tax and public health product tax	14
Material-type expenses
Employee benefits expense	15
Depreciation and amortization	5-6
Other operating expenses	16
- including: Impairment loss on trade receivables and contract
assets	4
Operating expenses, excluding excise tax and public health
product tax related to sales
Other operating income	17
Profit from operations
Interest and other financial income
Interest expense
Net financial income (cost)	18
Profit before tax
Income tax expense	19
Profit for the year

Other comprehensive income for the year, net of tax

Total comprehensive income for the year

Basic and Diluted Earnings Per Share (HUF/Share)

See Note 1 (a)

*See Note 2 (t)

2023	2022
	Restated *
HUF mill	HUF mill
35 364	31 949
(12 517)	(8 464)
(1 632)	(5 171)
21 215	18 314
(8 511)	(6 561)
(3 685)	(3 150)

1. (596)

(4 651)	(4 404)
0	0
(17 447)	(14 711)
100	50
3 868	3 653
293	125
(1)	(16)
292	109
4 160	3 762

1. (562)

3 448	3 200
0	0
3 448	3 200
1 724	1 600

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