Exhibit 1

Exhibit 2

Exhibit 3
 'Revenue', 'YoY Growth' by Year
14,000,000,000 7.60%
7.54% 7.50%
12,000,000,000
7.40%
10,000,000,000 7.30%

YoY Growth
8,000,000,000 7.20%
Revenue

7.10%
6,000,000,000 7.00%
4,000,000,000 6.92% 6.90%
6.80%
2,000,000,000
6.70%
0 6.60%
2018* 2019* 2020
Year

Revenue YoY Growth

Z-Score

2020

Working Capital (139,834)

Total Assets 16,912,953

Retained Earnings 1,925,720

EBIT 533,323
Market value of
Equity 2,228,041

BV of total liabilities 14,578,403

Sales 12,388,482
X1 -0.00992144 1.2
0.15940492
X2 5 1.4
0.10406023
X3 7 3.3

X4 0.09 0.6
0.73248485
X5 9
Z-Score 1.08
Balance Sheet for the period (2018-2020)

Assets 2018* 2019* 2020

Total non-current assets 6,970,293 7,536,697 9,155,217
Goodwill and other intangible assets 4,397,500 4,597,875 6,063,351
279,50 283,21 304,29
Accounts receivable and prepayments-Non-Current 9 8 8
18,08 20,27 19,95
Investment in joint venture companies 8 5 6
992,99 970,50
Investment in associate companies 1,267,227 6 6
47,89 62,36 46,53
Due from related parties-Non-Current 1 2 4
605,24 623,59
Right of use assets-Non-Current 1 9
Financial assets - equity instruments / Available for sale 11,18 9,33 15,06
investments 1 6 9
61,87 11,74 9,94
Investment properties 1 6 0
768,24 872,75 917,88
Property, plant and equipment 6 2 5
118,78 80,89 184,07
Deferred tax assets 0 6 9
Total current assets 6,028,981 5,615,666 7,757,736
399,38 375,06
Bank balances and cash 9 5 1,143,110
43,64 46,45 40,16
Due from related parties-Current 4 3 9
Accounts receivable and prepayments-Current 3,909,471 3,827,672 4,919,527
Inventories 1,663,585 1,366,476 1,654,930
12,89
Assets held for sale 2
Equity 2018* 2019* 2020
Total equity 2,604,816 2,336,661 2,334,550
Equity attributable to shareholders of the Company 2,602,337 2,334,410 2,333,194
456,19 456,19 456,19
Share capital 2 2 2
Legal reserve 1,083,456 1,083,456 1,083,456
Retained earnings 2,122,064 1,916,328 1,925,720
(31,183 (32,990 (32,990
Fair value reserves ) ) )
91,23 91,23 4,56
Proposed dividends 8 8 2
(35,083 (63,332 (64,782
Other reserve ) ) )
(84,859 (116,994 (39,476
Foreign currency translation reserve ) ) )
(999,488 (999,488 (999,488
Acquisition reserve ) ) )
2,47 2,25 1,35
Non-Controlling Interests And Other Equity 9 1 6
2,47 2,25 1,35
Non-controlling interests 9 1 6
Liability 2018* 2019* 2020
Total Liabilities 10,394,458 10,815,702 14,578,403
Total non-current liabilities 4,597,287 5,043,355 6,680,833
Interest bearing loans and borrowings-Non-Current 3,852,975 4,159,223 5,706,770
336,22 394,83 429,55
Employees' end of service benefits 1 7 2
442,83 445,28
Lease liabilities-Non-Current 8 9
404,33
Accounts payable and accruals-Non-Current 2
3,75 3,81 8,56
Deferred tax liabilities 9 2 8
42,64 90,65
Accounts payable and accruals - Non-current 5 4
Total current liabilities 5,797,171 5,772,347 7,897,570
Interest bearing loans and borrowings - Current Liab 1,910,209 1,873,607 2,001,117
407,66 282,80 280,61
Bank overdrafts 4 5 3
3,72 3,54 2,94
Due to related partes 4 3 5
184,99 192,92
Lease liabilities-Current 2 9
Accounts payable and accruals-Current 3,475,574 3,427,400 5,419,966
Totals 2018* 2019* 2020
TOTAL ASSETS 12,999,274 13,152,363 16,912,953
Total equity 2,604,816 2,336,661 2,334,550
Total Liabilities 10,394,458 10,815,702 14,578,403
Total liabilities and equity 12,999,274 13,152,363 16,912,953
Income Statement 2018* 2019* 2020
10,773,51 11,585,65 12,388,48
Sales And Revenues 4 6 2
(8,188,52 (9,079,50 (9,740,36
Direct Costs 2) 4) 6)
2,584,99 2,506,15 2,648,11
Gross profit 2 2 6
(1,579,13 (1,709,19 (1,663,95
Operating Expenses And Other Operating Income 8) 1) 7)
1,005,85 796,96 984,15
Profit before interest, tax, depreciation and amortisation 4 1 9
(199,96 (371,26 (450,83
Depreciation And Amortization 2) 2) 6)
805,89 425,69 533,32
Earnings Before Interest and Tax 2 9 3
(318,16 (405,21 (389,73
Interest 8) 0) 3)
487,72 20,48 143,59
Profit / loss before tax 4 9 0
(78,59 (101,32 (129,14
Income Tax And Other Adjustments To Net Profit 1) 8) 2)
409,13 (80,83 14,44
Net profit / loss for the period 3 9) 8
409,13 (80,83 14,44
Profit Attribution To Stakeholders 3 9) 8
Earnings Per Share 0.892 -0.18 0.03