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Financial Results
and Financial Reports

PPF Group N.V.:

Statement of Financial Position (IFRS)

(EUR million) 1H 2025 FY 2024 FY 2023
Cash and cash equivalents

5,810

8,199

8,535
Investment securities and derivatives

10,965

8,445

8,944
Loans and receivables

7,181

8,034

8,650
Equity-accounted investees

4,700

4,679

3,279
Investment property

961

1,001

1,219
Property, plant and equipment

3,874

3,462

4,403
Intangible assets (incl. goodwill)

3,555

3,383

5,368
Assets held for sale

3,016

2,199

28
Other assets

3,388

2,320

3,058
Total assets

43,450

41,722

43,484
Equity

12,898

12,465

9,262
Interest-bearing liabilities

24,722

25,104

29,324
Liabilities directly associated with assets held for sale

2,376

1,007

13
Other liabilities

3,454

3,146

4,885
Total liabilities and equity

43,450

41,722

43,484
Source: Audited Consolidated Financial Statements

PPF Group N.V.:

Income statement (IFRS)

(EUR million) 1H 2025 FY 2024 FY 2023
Net interest income 211 542 519
Net fee and commission income  8 16 38
Net real estate income 34 7 (19)
Net telecommunications income 722 1,367 1,311
Net media income 200 427 391
Net mechanical engineering income 201 335 292
Net leisure income 64 140 117
Other operating income 232 209 358
Net impairment losses on financial assets (50) (179) (152)
Operating expenses (1,178) (2,584) (2,334)

Subsidiaries and equity-accounted investees – gain/(loss) on disposals and share on profit/(loss)

(91) 2,710 724
Profit before tax 353 2,990 1,245
Income tax expense (114) (235) (218)
Net profit from continuing operations 239 2,755 1,027
Net profit from discontinued operations, net of tax 98 445 422
Net profit for the period 337 3,200 1,449
Profit attributable to:
Owners of the Parent 338 3,188 1,355
Non-controlling interests (1) 12 94
Source: Audited Consolidated Financial Statements 
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