Company statement of financial position at May 31, 2026

(before appropriation of result)

Assets (In € thousands)

Note

May 31, 2026

May 31, 2025

Non-current assets

Investments

3.

6,600

5,535

Other non-current assets

3.

166,483

176,177

Total non-current assets

173,083

181,712

Current assets

Trade and other receivables

5.

28,149

47,640

Total current assets

28,149

47,640

Total assets

201,232

229,352

Equity and liabilities (in € thousands)

Note

May 31, 2026

May 31, 2025

Equity

6.

376

(571)

Non-current liabilities

Membership capital

9.

5,900

6,275

Interest bearing loans and borrowings

7.

166,483

176,052

Total non-current liabilties

172,383

182,327

Current liabilities

Trade and other payables

10.

18,500

31,945

Interest bearing loans and borrowings

7.

9,973

15,651

Total current liabilities

28,473

47,596

Total liabilities

200,856

229,923

Total Equity and liabilities

201,232

229,352