Balance
Balance Report as of 31.12.2023
as of December 31, 2023, of the European Breeders Trust AG
Osterhofen 1, 87480 Weitnau
Table of Contents
| Main Report | Page |
| 1. Engagement Acceptance | 3 |
| 1.2 Engagement Execution | 5 |
| 2. Basis of the Financial Statements | 7 |
| 3. Nature and Scope of Preparation Work | 9 |
| 5. Legal and Economic Basis | 10 |
| 6. Explanations on the Balance Sheet | 14 |
| 7. Explanations on the Profit and Loss Statement | 21 |
1. Engagement Acceptance
The board of the European Breeders Trust AG, Weitnau, hereinafter also briefly referred to as "EBT AG," commissioned us to prepare the financial statements as of December 31, 2023, from the documents, books, and inventory records presented to us, which we have not audited as per the order.
The engagement was carried out from January to March 2024.
1.2 Engagement Execution
The preparation of the financial statements included activities such as the development of the balance sheet and profit and loss statement based on the provided bookkeeping and inventory.
The responsibility for the accuracy of the bookkeeping lies with the legal representatives of the company.
2. Basis of the Financial Statements
2.1 Bookkeeping and Inventory
The bookkeeping was conducted on the company's systems. All relevant information was provided.
2.2 Findings on the Basis
The financial statements were prepared in accordance with the applicable commercial and tax law regulations.
3. Nature and Scope of Preparation Work
The preparation of the financial statements related to the representation of the company's assets, financial, and earnings position.
Balance Report as of 31.12.2023
as of December 31, 2023, of the European Breeders Trust AG
Osterhofen 1, 87480 Weitnau
Table of Contents
| Main Report | Page |
| 1. Order Acceptance | 3 |
| 1.2 Order Execution | 5 |
| 2. Basics of the Annual Financial Statements | 7 |
| 3. Nature and Scope of Compilation Work | 9 |
| 5. Legal and Economic Principles | 10 |
A. Equity
I. Subscribed Capital
| Position | 2023 (EUR) | 2022 (EUR) |
|---|---|---|
| 290000 Subscribed Capital | 600,000.00 | 600,000.00 |
| 291000 Outstanding Contribution | 0.00 | -150,000.00 |
| Called-up Capital | 600,000.00 | 450,000.00 |
II. Revenue Reserves
| Position | 2023 (EUR) | 2022 (EUR) |
|---|---|---|
| 1. Legal Reserve | 100,000.00 | 100,000.00 |
III. Net Profit
| Position | 2023 (EUR) | 2022 (EUR) |
|---|---|---|
| Net Profit | 43,467.04 | 76,588.52 |
5.3 Economic Conditions
5.3.1 Asset Situation
| Position | 2023 (EUR) | 2022 (EUR) |
|---|---|---|
| Tangible Assets | 38,500 | 2,700 |
| Inventories | 20,000 | 20,000 |
| Receivables | 483,200 | 500,100 |
