Consolidated statement of financial position at May 31, 2026 (before result appropriation)

Assets (In € thousands)

Note

May 31, 2026

May 31, 2025

Non-current assets

Intangible assets

4.2

8,404

9,560

Property, plant and equipment - owned assets

4.3

47,891

53,474

Property, plant and equipment - right-of-use assets

4.4

211,358

218,364

Deferred tax assets

7.2

3,412

4,886

Investments

4.5

2,141

2,190

Other non-current assets

8.1

15,810

11,604

Total non-current assets

289,016

300,078

Current assets

Unbilled services

3.2

140,364

132,305

Trade and other receivables

3.3

293,912

291,460

Cash and cash equivalents

5.2

103,097

89,018

Total current assets

537,373

512,783

Total assets

826,389

812,861

Equity and liabilities (in € thousands)

Note

May 31, 2026

May 31, 2025

Equity

376

(571)

Non-current liabilities

Membership capital

5.1

5,900

6,275

Interest-bearing loans and borrowings

5.2

166,483

176,052

Lease liabilities

4.4

189,417

196,144

Provisions

8.2

143

721

Deferred tax liabilities

7.2

1,875

1,725

Total non-current liabilities

363,818

380,917

Current liabilities

Trade and other payables

3.4

409,110

370,991

Membership capital

5.1

375

575

Interest-bearing loans and borrowings

5.2

9,598

15,076

Lease liabilities

4.4

42,399

43,609

Provisions

8.2

713

2,264

Total current liabilities

462,195

432,515

Total liabilities

826,013

813,432

Total equity and liabilities

826,389

812,861