Financial Results

Financial Year 2026

Consolidated Report for 1H 2026

_{(posted on September 30, 2026 • 18:23)}

Consolidated Report for 1H 2026 as of June 30, 2026^{↓ download pdf}
Condensed Interim Consolidated Financial Statements as of June 30, 2026 (unaudited) ^{↓ download pdf}
Declaration of the responsible persons ^{↓ download pdf}

1H 2026 Report

_{(posted on August 28, 2026 • 18:00)}

Half-Year Report for 1H 2026 as of June 30, 2026^{↓ download pdf}
Condensed Interim Separate Financial Statements as of June 30, 2026 (unaudited) ^{↓ download pdf}
Declaration of the responsible persons ^{↓ download pdf}
Net Asset Statement as of June 30, 2026 ^{↓ download pdf}
Detailed Statement of Investments as of June 30, 2026 ^{↓ download pdf}

Consolidated Report for 1Q 2026

_{(posted on May 29, 2026 • 18:00)}

Consolidated Report for 1Q 2026 as of March 31, 2026^{↓ download pdf}
Condensed Interim Consolidated Financial Statements as of March 31, 2026 (unaudited) ^{↓ download pdf}
Declaration of the responsible persons ^{↓ download pdf}
Net Asset Statement as of March 31, 2026 ^{↓ download pdf}
Detailed Statement of Investments as of March 31, 2026 ^{↓ download pdf}
Investor Presentation – Financial Results 1Q 2026 ^{↓ download pdf}

Financial Year 2025

2025 Annual Report

_{(posted on April 29, 2026 • 15:30)}

Annual Report of the Board of Directors for 2025 FY (with annexes) ^{↓ pdf
(approved by the OGM of April 29, 2026, includes the separate financial statements, independent auditor’s report, remuneration report)}
Annual Report 2025 (ESEF) ^{↓ xhtml}
Activity Plan and Budget for 2026 ^{↓ pdf
(approved by the OGM of April 29, 2026)}

Consolidated Annual Report for 2025

_{(posted on April 29, 2026 • 15:30)}

Consolidated Report for 2025 ^{↓ pdf}
Consolidated Report for 2025 FY (ESEF)^{↓ xbri
(approved by the OGM of April 29, 2026)}

Preliminary Financial Results for 2025

_{(posted on February 16, 2026 • 18:10)}

Preliminary Financial Results as of December 31, 2025^{↓ download pdf}

Consolidated Report for 3Q 2025

_{(posted on November 28, 2025 • 18:00)}

Consolidated Report for 3Q 2025 as of September 30, 2025^{↓ download pdf}
Condensed Interim Consolidated Financial Statements as of September 30, 2025 (unaudited) ^{↓ download pdf}
Declaration of the responsible persons ^{↓ download pdf}
Net Asset Statement as of September 30, 2025 ^{↓ download pdf}
Detailed Statement of Investments as of September 30, 2025 ^{↓ download pdf}
Investor Presentation – Financial Results 3Q 2025 ^{↓ download pdf}

Consolidated Report for 1H 2025

_{(posted on September 30, 2025 • 18:00)}

Consolidated Report for 1H 2025 as of June 30, 2025^{↓ download pdf}
Condensed Interim Consolidated Financial Statements as of June 30, 2025 (unaudited) ^{↓ download pdf}
Net Asset Statement as of June 30, 2025 ^{↓ download pdf}
Detailed Statement of Investments as of June 30, 2025 ^{↓ download pdf}
Articles of Association updated in 2025 ^{↓ download pdf}
Investor Presentation – Financial Results 1H 2025 ^{↓ download pdf}

Condensed Interim Separate Financial Statements for 1H 2025

_{(posted on September 2, 2025 • 18:30)}

Condensed Interim Separate Financial Statements as of June 30, 2025 (unaudited) ^{↓ download pdf}
Net Asset Statement as of June 30, 2025 ^{↓ download pdf}
Detailed Statement of Investments as of June 30, 2025 ^{↓ download pdf}

Consolidated Report for 1Q 2025

_{(posted on May 30, 2025 • 18:00)}

Consolidated Report for 1Q 2025 as of March 31, 2025^{↓ download pdf}
Condensed Interim Consolidated Financial Statements as of March 31, 2025 (unaudited) ^{↓ download pdf}
Net Asset Statement as of March 31, 2025 ^{↓ download pdf}
Detailed Statement of Investments as of March 31, 2025 ^{↓ download pdf}
Investor Presentation – Financial Results 1Q 2025 ^{↓ download pdf}

Financial Year 2024

2024 Annual Report

_{(posted on April 24, 2025 • 15:30)}

Consolidated Annual Report for 2024

_{(posted on April 24, 2025 • 15:30)}

Preliminary Financial Results for 2024

_{(posted on February 28, 2025 • 18:00)}

Preliminary Financial Results as of December 31, 2024^{↓ pdf}

3Q 2024 Report

_{(posted on November 15, 2024 • 18:00)}

Quarterly Report as of September 30, 2024^{↓ pdf}
Condensed Interim Separate Financial Statements as of September 30, 2024 (unaudited) ^{↓ pdf}
Summary of Financial Statements as of September 30, 2024 ^{↓ xlsx}
Net Asset Statement 3Q 2024 ^{↓ pdf}
Detailed Statement of Investments 3Q 2024 ^{↓ pdf}
Investor Presentation – Financial Results 3Q 2024 ^{↓ pdf}

Consolidated Report for 1H 2024

_{(posted on September 30, 2024 • 18:00)}

Consolidated Half-Year Report as of June 30, 2024^{↓ download pdf}
Condensed Interim Consolidated Financial Statements as of June 30, 2024 (unaudited) ^{↓ download pdf}
Statement of Responsible Persons ^{↓ download pdf}

1H 2024 Report

_{(posted on August 30, 2024 • 18:00)}

Half-Year Report as of June 30, 2024^{↓ pdf}
Condensed Interim Separate Financial Statements as of June 30, 2024 (unaudited) ^{↓ pdf}
Summary of Financial Statements as of June 30, 2024 ^{↓ xlsx}
Net Asset Statement 1H 2024 ^{↓ pdf}
Detailed Statement of Investments 1H 2024 ^{↓ pdf}
Statement of Responsible Persons ^{↓ pdf}
Investor Presentation – Financial Results 1H 2024 ^{↓ pdf}

1Q 2024 Report

_{(posted on May 15, 2024 • 18:00)}

Quarterly Report as of March 31, 2024^{↓ pdf}
Condensed Interim Separate Financial Statements as of March 31, 2024 (unaudited) ^{↓ pdf}
Summary Financial Statements as at March 31, 2024 ^{↓ xlsx}
Net Asset Statement 1Q 2024 ^{↓ pdf}
Detailed Statement of Investments 1Q 2024 ^{↓ pdf}
Investor Presentation – Financial Results 1Q 2024 ^{↓ pdf}

Financial Year 2023

2023 Annual Report

_{(posted on April 29, 2024 • 18:05)}

Consolidated Financial Statements as of December 31, 2023

_{(posted on April 29, 2024 • 18:05)}

Consolidated Report of the Board of Directors for the year ended December 31, 2023 (as presented in the OGM of April 29, 2024) – includes the consolidated financial statements and independent auditor’s report for 2023 FY)^{↓ pdf}
Consolidated Report 2023 ^{inline XBRL viewer}
Consolidated Report 2023 ^{format ESEF (.zip)}

Preliminary Financial Results for 2023

_{(posted on February 29, 2024 • 18:05)}

Preliminary Financial Results as of December 31, 2023^{↓ pdf}

3Q 2023 Report

_{(posted on November 15, 2023 • 18:00)}

Quarterly Report as of September 30, 2023^{↓ pdf}
Condensed Interim Standalone Financial Statements as of September 30, 2023 (unaudited) ^{↓ pdf}
Summary of Financial Statements as of September 30, 2023 ^{↓ xlsx}
Net Asset Statement 3Q 2023 ^{↓ pdf}
Detailed Statement of Investments 3Q 2023 ^{↓ pdf}
Investor Presentation – Financial Results 3Q 2023 ^{↓ pdf}

Consolidated Report for 1H 2023

_{(posted on September 29, 2023 • 18:00)}

Consolidated Half-Year Report as of June 30, 2023^{↓ pdf}
Condensed interim consolidated financial statements as of June 30, 2023 – unaudited^{↓ pdf}
Statement of the Responsible Persons^{↓ pdf}

1H 2023 Report

_{(posted on August 31, 2023 • 18:00)}

Half-Yearly Report as of June 30, 2023^{↓ pdf}
Condensed Interim Separate Financial Statements as of June 30, 2023 (unaudited) ^{↓ pdf}
Summary of Financial Statements as of June 30, 2023 ^{↓ xlsx}
Net asset statement 1H 2023 ^{↓ pdf}
Detailed statement of investments 1H 2023 ^{↓ pdf}
Statement of Responsible Persons ^{↓ pdf}
Articles of Association Amended During 1H 2023 ^{↓ pdf}
Investor Presentation – Financial Results 1H 2023 ^{↓ pdf}

1Q 2023 Report

_{(posted on May 15, 2023 • 18:00)}

Quarterly Report as of March 31, 2023^{↓ pdf}
Condensed Interim Standalone Financial Statements as of March 31, 2023 (unaudited) ^{↓ pdf}
Summary Financial Statements as at March 31, 2023 ^{↓ xlsx}
Net Asset Statement 1Q 2023 ^{↓ pdf}
Detailed Statement of Investments 1Q 2023 ^{↓ pdf}
Investor Presentation – Financial Results 1Q 2023 ^{↓ pdf}

Financial Year 2022

2022 Annual Report

_{(posted on April 27, 2023 • 18:10)}

Consolidated Financial Statements as of December 31, 2022

_{(posted on April 27, 2023 • 18:10)}

Consolidated Report of the Board of Directors for the year ended December 31, 2022 (as presented in the OGM of April 27, 2023) – includes the consolidated financial statements and independent auditor’s report for 2022 FY)^{↓ pdf}
Consolidated Report 2022 ^{inline XBRL viewer}
Consolidated Report 2022 ^{format ESEF (.zip)}

Preliminary Financial Results for 2022

_{(posted on February 28, 2023 • 18:05)}

Preliminary Financial Results as of December 31, 2022 2022 (unaudited)^{↓ pdf}
Summary of Preliminary Financial Results as of December 31, 2022^{↓ pdf}

3Q 2022 Report

_{(posted on November 15, 2022 • 18:00)}

Quarterly Report as of September 30, 2022^{↓ pdf}
Condensed interim standalone financial statements as at September 30, 2022 – unaudited ^{↓ pdf}
Summary financial statements as of September 30, 2022 ^{↓ xlsx file}
Net asset statement as of September 30, 2022^{↓ pdf}
Detailed statement of investments as of September 30, 2022^{↓ pdf}
Investor Presentation – financial results 3Q 2022^{↓ pdf}

Consolidated Report for 1H 2022

_{(posted on September 30, 2022 • 18:00)}

Consolidated Half-Year Report as of June 30, 2022^{↓ pdf}
Condensed interim consolidated financial statements as of June 30, 2022 – unaudited^{↓ pdf}
Statement of the Responsible Persons^{↓ pdf}

1H 2022 Report

_{(posted on August 31, 2022 • 18:00)}

Half-Yearly Report as of June 30, 2022^{↓ pdf}
Condensed interim standalone financial statements as of June 30, 2022 – unaudited ^{↓ pdf}
Summary financial statements as of June 30, 2022 ^{↓ xslx file}
Net Asset Statement as of June 30, 2022^{↓ pdf}
Detailed Statement of Investments as of June 30, 2022 ^{↓ pdf}
Statement of the Responsible Persons^{↓ pdf}
Investor Presentation – Financial Results 1H 2022^{↓ pdf}

1Q 2022 Report

_{(posted on May 16, 2022 • 18:00)}

Quarterly Report as of March 31, 2022^{↓ pdf}
Condensed interim standalone financial statements as of March 31, 2022 – unaudited ^{↓ pdf}
Summary financial statements as of March 31, 2022 ^{↓ xlsx file}
Net asset statement as of March 31, 2022^{↓ pdf}
Detailed statement of investments as of March 31, 2022 ^{↓ pdf}
Investor Presentation – Financial Results 1Q 2022^{↓ pdf}

Financial Year 2021

2021 Annual Report

_{(posted on April 28, 2022 • 17:00)}

Consolidated Financial Statements as of December 31, 2021

_{(posted on April 28, 2022 • 17:00)}

Consolidated Report of the Board of Directors for the year ended December 31, 2021 (as presented in the OGM of April 28, 2022) – includes the consolidated financial statements and independent auditor’s report for 2021 FY)^{↓ pdf}
2021 Consolidated Report ^{inline XBRL viewer}
2021 Consolidated report ^{ESEF format (.zip)}

Preliminary Financial Results for 2021

_{(posted on February 28, 2022 • 18:01)}

Preliminary Financial Results as of December 31, 2021 (unaudited)^{↓ pdf}
Summary of Preliminary Financial Results as of December 31, 2021^{↓ pdf}

3Q 2021 Report

_{(posted on November 15, 2021 • 18:00)}

Quarterly Report as of September 30, 2021^{↓ pdf}
Condensed interim standalone financial statements as of September 30, 2021 – unaudited^{↓ pdf}
Summary of financial statements as of September 30, 2021 ^{↓ xlsx file}
Net Asset Statementas of September 30, 2021^{↓ pdf}
Detailed Statement of Investments as of September 30, 2021 ^{↓ pdf}
Investor Presentation – Financial Results 3Q 2021^{↓ pdf}

Consolidated Report for 1H 2021

_{(posted on September 30, 2021 • 18:00)}

1H 2021 Report

_{(posted on August 31, 2021 • 18:15)}

Half-Yearly Report as of June 30, 2021^{↓ pdf}
Condensed interim standalone financial statements as of June 30, 2021 – unaudited ^{↓ pdf}
Summary of Financial Statements as of June 30, 2021 ^{↓ xlsx file}
Net Asset Statement as of June 30, 2021^{↓ pdf}
Detailed Statement of Investments as of June 30, 2021 ^{↓ pdf}
Statement of responsible Persons^{↓ pdf}
Investor Presentation – Rinancial Results 1H 2021^{↓ pdf}

1Q 2021 Report

_{(posted on May 14, 2021 • 18:00)}

Quarterly Report as of March 31, 2021^{↓ pdf}
Condensed Interim Standalone Financial Statements as of March 31, 2021 – unaudited ^{↓ pdf}
Summary of Financial Statements as of March 31, 2021 ^{↓ xlsx file}
Net Asset Statement as of March 31, 2021^{↓ pdf}
Detailed Statement of Investments as of March 31, 2021 ^{↓ pdf}
Investor Presentation – Financial Results 1Q 2021^{↓ pdf}

Financial Year 2020

2020 Annual Report

_{(posted on April 26, 2021 • 15:00)}

2020 Annual Report of the Board of Directors (as presented in the OGM of April 26, 2021) ^{↓ pdf}
Standalone Financial Statements as of December 31, 2020 – annex 1 ^{↓ pdf}
Independent Auditor’s Report^{↓ pdf}
Summary of Standalone Financial statements as of December 31, 2020 ^{↓ fișier xlsx}
Net Asset Statement (Annex 16) and Detailed Statement of Investments (Annex 17) as of 31.12.2020 – annexa 2 ^{↓ pdf}
Amendments to the Articles of Association in 2020 – annex 3^{↓ pdf}
Status of Compliance with the Code of Corporate Governance issued by BVB – annex 4 ^{↓ pdf}
Statement of the Compliance with the Principles of Corporate Governance as per ASF Reg. no. 2/2016 – annex 5^{↓ pdf}
Activity Plan and Budget for 2021^{↓ pdf}

Consolidated Financial Statements as of December 31, 2020

_{(posted on April 26, 2021 • 15:00)}

Preliminary Financial Results for 2020

_{(posted on February 26, 2021 • 18:00)}

Preliminary Financial Results as of December 31, 2020 (unaudited) ^{↓ pdf}

3Q 2020 Report

_{(posted on November 10, 2020 • 18:00)}

Quarterly Report as of September 30, 2020^{↓ pdf}
Condensed Interim Standalone Financial Statements as of September 30, 2020 – unaudited ^{↓ pdf}
Net Asset Statement ^{↓ pdf}
Detailed Statement of Investments^{↓ pdf}

Consolidated Report for 1H 2020

_{(posted on September 30, 2020 • 18:00)}

1H 2020 Report

_{(posted on August 31, 2020 • 18:00)}

Half Year Report as of June 30, 2020^{↓ pdf}
Condensed Interim Standalone Financial Statements as of June 30, 2020 – unaudited^{↓ pdf}
Net asset statement H1 2020 ^{↓ pdf}
Detailed Statement of Investments^{↓ pdf}
Statement of Responsible Persons^{↓ pdf}

1Q 2020 Report

_{(posted on May 15, 2020 • 18:00)}

Quarterly Report as of March 31, 2020^{↓ pdf}
Condensed interim standalone financial statements as of March 31, 2020 – unaudited^{↓ pdf}
Net Asset Statement 1Q 2020^{↓ pdf}
Detailed Statement of Investments 1Q 2020^{↓ pdf}

Financial Year 2019

2019 Annual Report

_{(posted on April 27, 2020 • 18:06)}

Consolidated Financial Statements as of December 31, 2019

_{(posted on April 27, 2020 • 18:06)}

Preliminary Financial Results for 2019

_{(posted on February 28, 2020 • 18:00)}

Preliminary Financial Results as of December 31, 2019 (unaudited) ^{↓ pdf}

3Q 2019 Report

_{(posted on October 28, 2019 • 18:00)}

Quarterly Report as of September 30, 2019^{↓ pdf}
Condensed Interim Standalone Financial Statements as of September 30, 2019 – unaudited ^{↓ pdf}
Net Asset Statement^{↓ pdf}
Detailed Statement of Investments^{↓ pdf}

Consolidated Report for 1H 2019

_{(posted on September 27, 2019 • 08:23)}

Consolidated Half-Year Report as of June 30, 2019^{↓ pdf}
Condensed Interim Consolidated Financial Statements as of June 30, 2019 (unaudited) ^{↓ pdf}
Statement of the Responsible Persons^{↓ pdf}

1H 2019 Report

_{(posted on August 14, 2019 • 08:07)}

Half Year Report as of June 30, 2019^{↓ pdf}
Condensed interim standalone financial statements as of June 30, 2019 (unaudited) ^{↓ pdf}
Net Asset Statement ^{↓ pdf}
Detailed Statement of Investments ^{↓ pdf}
Statement of Responsible Persons^{↓ pdf}

1Q 2019 Report

_{(posted on May 15, 2019 • 18:00)}

Quarterly Report as of March 31, 2019^{↓ pdf}
Condensed Interim Standalone Financial Statements as of March 31, 2019 (unaudited)^{↓ pdf}
Net Asset Statement ^{↓ pdf}
Detailed Statement of Investments^{↓ pdf}

Financial Year 2018

2018 Annual Report

_{(posted on April 23, 2019 • 09:17)}

Consolidated Financial Statements as of December 31, 2018

_{(posted on April 23, 2019 • 09:17)}

Preliminary Financial Results for 2018

_{(posted on February 28, 2019 • 18:00)}

Preliminary Financial Results as of December 31, 2018 (unaudited) ^{↓ pdf}

3Q 2018 Report

_{(posted on November 6, 2018 • 08:30)}

Quarterly Report as of September 30, 2018^{↓ pdf}
Condensed Interim Standalone Financial Statements as of September 30, 2018 (neauditate)^{↓ pdf}
Net Asset Statement ^{↓ pdf}
Detailed Statement of Investments^{↓ pdf}

Consolidated Report for H1 2018

_{(posted on September 28, 2018 • 18:30)}

Consolidated Half-Year Report as of June 30, 2018^{↓ pdf}
Condensed Interim Consolidated Financial Statements as at June 30, 2018 (unaudited) ^{↓ pdf}
Statement of the responsible Persons^{↓ pdf}

1H 2018 Report

_{(posted on August 14, 2018 • 08:30)}

Half-Yearly Report as of June 30, 2018^{↓ pdf}
Condensed Interim standalone Financial Statements as of June 30, 2018 (unaudited)^{↓ pdf}
Net Asset Statement as of June 30, 2018^{↓ pdf}
Detailed Statement of Investments as of June 30, 2018^{↓ pdf}
Amendments to the Articles of Association in 1H 2018^{↓ pdf}
Authorizations issued by ASF in H1 2018 concerning leadership structure [available in Romanian]^{↓ pdf}
Statement of the Responsible Persons^{↓ pdf}

1Q 2018 Report

_{(posted on May 15, 2018 • 08:30)}

Quarterly Report as of March 31, 2018^{↓ pdf}
Condensed interim separate financial statements as at March 31, 2018 (unaudited)^{↓ pdf}
Net Asset Statement ^{↓ pdf}
Detailed Statement of Investments^{↓ pdf}

Financial Year 2017

2017 Annual Report

_{(posted on April 27, 2018 • 08:30)}

Consolidated Financial Statements as of December 31, 2017

_{(posted on April 27, 2018 • 08:30)}

Consolidated Report of the Board of Directors for the year ended December 31, 2017^{↓ pdf}
Consolidated Financial Statements for the year ended December 31, 2017^{↓ pdf}
Independent Auditor’s Report^{↓ pdf}

Preliminary Financial Results for 2017

_{(posted on February 15, 2018 • 08:30)}

Preliminary Financial Results for 2017 (unaudited) ^{↓ pdf}

3Q 2017 Report

Quarterly Report as of September 30, 2017^{↓ pdf}
Condensed interim financial statements as of September 30, 2017 (unaudited) ^{↓ pdf}
Net asset statement 3Q 2017^{↓ pdf}
Detailed Statement of Investments 3Q 2017^{↓ pdf}

H1 2017 Report

Half-Yearly Report as of June 30, 2017^{↓ pdf}
Condensed Interim Financial Statements as of June 30, 2017 (unaudited)^{↓ pdf}
Net Asset Statement as of June 30, 2017^{↓ pdf}
Detailed Statement of Investments as of June 30, 2017^{↓ pdf}
Statement of the Responsible Persons^{↓ pdf}

1Q 2017 Report

Quarterly Report as of March 31, 2017^{↓ pdf}
Condensed Interim Financial Statements as of March 31, 2017 (unaudited)^{↓ pdf}
Net Asset Statement as of March 31, 2017^{↓ pdf}
Detailed Statement of Investments as of March 31, 2017^{↓ pdf}

Financial Year 2016

2016 Annual Report

Consolidated Financial Statements as of December 31, 2016

Consolidated Report of the Board of Directors for the year ended December 31, 2016^{↓ pdf}
Consolidated Financial Statements for the year ended December 31, 2016^{↓ pdf}
Independent Auditor’s Report^{↓ pdf}
Statement on Conformity^{↓ pdf}

Preliminary Financial Results for 2016

Preliminary Financial Results as of December 31, 2016 (unaudited) ^{↓ pdf}

3Q 2016 Report

Quarterly Report as of September 30, 2016^{↓ pdf}
Condensed Interim Financial Statements as of September 30, 2016 (unaudited^{↓ pdf}
Net Asset Statement as of September 30, 2016^{↓ pdf}
Detailed Statement of Investments as of September 30, 2016^{↓ pdf}

1H 2016 Report

Half-Year Report as of June 30, 2016^{↓ pdf}
Annex 1 Net Asset Statement as of June 30, 2016^{↓ pdf}
Annex 2 Detailed Statement of Investments as of June 30, 2016^{↓ pdf}
Annenx 3 Condensed Interim Financial Statements as of June 30, 2016 (unaudited)^{↓ pdf}
Annex 4 Statements^{↓ pdf}

1Q 2016 Report

Quarterly Report as of March 31, 2016^{↓ pdf}
Condensed Interim Financial Statements as of March 31, 2016 (neauditate)^{↓ pdf}
Net Asset Statement as of March 31, 2016^{↓ pdf}
Detailed Statement of Investments as of March 31, 2016^{↓ pdf}

Financial Year 2015

2015 Annual Report

Consolidated Financial Statements as of December 31, 2015

Consolidated Report of the Board of Directors for the year ended December 31, 2015^{↓ pdf}
Consolidated Financial Statements for the year ended on December 31, 2015^{↓ pdf}
Independent Auditor’s Report^{↓ pdf}
Conformity Statement^{↓ pdf}

Preliminary Financial Results for 2015

Preliminary financial results as of December 31, 2015 (unaudited) ^{↓ pdf}

3Q 2015 Report

1H 2015 Report

Half-Year Report for the period January 1 – June 30, 2015^{↓ pdf}
Annex 1 – Net Asset Statement as of June 30, 2015^{↓ pdf}
Annex 2 – Detailed statement of investments as of June 30, 2015^{↓ pdf}
Annex 3 – Individual Interim Financial Reporting and explanatory notes [available in Romanian] ^{↓ pdf}
Annex 4 – Statement of the responsible persons^{↓ pdf}
Annex 5 – SIF Banat-Crișana By-Laws [available in Romanian]^{↓ pdf}

1Q 2015 Report

Financial Year 2014

2014 Annual Report

Report of the Board of Directors (as presented in the OGM held on April 29, 2015)^{↓ pdf}
Individual Financial Statements for the Year Ended December 31, 2014 (audited)^{↓ pdf}
Independent Auditor’s Report^{↓ pdf}
Statement pursuant to art. 112^1 of CNVM Reg. 1/2006^{↓ pdf}
Net asset statement as at December 31, 2014 (according to the Annex 16 of CNVM Reg. 15/2004)^{↓ pdf}
Detailed statement of investments as at December 31, 2014 (according to the Annex 17 of CNVM Reg. 15/2004 [available in Romanian only]^{↓ pdf}
Activty Plan for 2015 ^{↓ pdf} and Budget for 2015^{↓ pdf}
Annexes [available in Romanian only]^{↓ zip}

Consolidated Financial Statements as of December 31, 2014

Consolidated BoD Report (available in Romanian only)^{↓ pdf}
Consolidated Financial Statements 2014 – unaudited (available in Romanian only)^{↓ pdf}
Conformity statement (available in Romanian only)^{↓ pdf}

Preliminary Financial Results for 2014

Financial Preliminary Results as of December 31, 2014^{↓ pdf}
Preliminary Balance Sheet and Income Statement for 2014^{↓ pdf}

3Q 2014 Report

1H 2014 Report

Half-Year Report for the Period January 1 – June 30, 2014^{↓ pdf}
Individual Interim Financial Reporting and Explanatory Notes ^{↓ pdf}
Net asset statement and Detailed statement of investments as as June 30, 2014 [available in Romanian only]^{↓ pdf}
Review report Prepared by KPMG Audit SRL^{↓ pdf}
Statement of the Responsible Persons^{↓ pdf}

1Q 2014 Report

Financial Year 2013

2013 Annual Report

Consolidated Financial Statements as of December 31, 2013

Preliminary Financial Results for 2013

3Q 2013 Report

3Q 2013 Report of the Board of Directors^{↓ pdf}

1H 2013 Report

Half-Year Report of the Board of Directors^{↓ pdf}
Separate Interim Financial Reporting ^{↓ pdf}
NAV Statement as per Reg. CNVM 15/2004 (available in Romanian only)^{↓ pdf}
Changes to Company’s By-Laws (available in Romanian only)^{↓ pdf}
Review Report issued by KPMG Audit SRL^{↓ pdf}
Statement of Responsible Persons^{↓ pdf}

1Q 2013 Report

Quarterly Report as at March 31, 2013^{↓ pdf}
Quarterly Financial Reporting (available in Romanian only)^{↓ pdf}

Financial Year 2026

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Financial Year 2026

About Lion Capital

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About
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