1
InPost Group
Integrated Annual Report 2024
Standalone
Financial
Statements
Registered office: 70 route d’Esch
Luxembourg, 27 March, 2025
for the nancial year ended
December 31, 2024
1
InPost Group
Integrated Annual Report 2024
AUDIT REPORT
Report on
the audit
of the annual
accounts
Audit report
To the Shareholders of
InPost S.A.
Our opinion
accounts give a true and fair view of
to the preparation and presentation of the
Our opinion is consistent with our
What we have audited
Basis for opinion
We conducted our audit in accordance with
The non-audit services that we have
2
InPost Group
Integrated Annual Report 2024
AUDIT REPORT
of the current period. These
thereon, and we do not provide
a separate opinion on these
Key audit matters Key audit matter
Recoverability of Investments in shares and loans to affiliated
undertakings
How our audit addressed the
key audit matter
thereon.
thereon.
in doing so, consider whether the other
fact. We have nothing to report in this regard.
Other information
Responsibilities of the Board of Directors
and those charged with governance for
the annual accounts
for the preparation and fair presentation
due to fraud or error.
Those charged with governance are
3
InPost Group
Integrated Annual Report 2024
AUDIT REPORT
Responsibilities of the “Réviseur
d’entreprises agréé” for the audit of the
annual accounts
fraud or error, and to issue an audit report
is not a guarantee that an audit conducted
whether due to fraud or error, design and
audit procedures that are appropriate in the
our audit report. However, future events or
achieves fair presentation.
Report on other
legal and regulatory
requirements
that:
Brieuc Malherbe
4
InPost Group
Integrated Annual Report 2024
STANDALONE FINANCIAL STATEMENTS
OF INPOST S.A.
Contents
1 Management report 5
Important events within the 2024 period 5
Shares buyback 5
Review of the Company’s business, financial position and future developments 6
Share capital of the Company 6
Principal risks and uncertainties 6
Research and development 6
Corporate governance 7
Balance Sheet 8
Profit & Loss 10
2 Notes to the annual accounts as at December 31, 2024 11
Creditors
Staff costs
5
InPost Group
Integrated Annual Report 2024
STANDALONE FINANCIAL STATEMENTS
OF INPOST S.A.
1
Management
report
period and is registered with the
Important events
within the 2024
period
outstanding shares.
number of shares Price per share Value in EUR
Carry forward from previous year 182,500.00 5.17 943,873.09
Closing balance, as at 31.12.2024 2,313,318.00 16.72 38,684,606.47
6
InPost Group
Integrated Annual Report 2024
STANDALONE FINANCIAL STATEMENTS
OF INPOST S.A.
Report.
Review of the
Company’s
business, nancial
position and future
developments
Share capital
of the Company
Principal risks
and uncertainties
Research
and development
7
InPost Group
Integrated Annual Report 2024
STANDALONE FINANCIAL STATEMENTS
OF INPOST S.A.
and good corporate governance
Corporate
governance
Name Age Nationality Position Independence Committee Member since Term
Yes
Yes
Yes
Yes
Yes
Composition of the Supervisory Board
8
InPost Group
Integrated Annual Report 2024
STANDALONE FINANCIAL STATEMENTS
OF INPOST S.A.
Balance Sheet Financial year from 01.01.2024 to 31.12.2024 (in EUR)
ASSETS 2024 2023
A. Subscribed capital unpaid – –
B. Formation expenses Note 2.3 4,653,499.22 8,292,819.71
C. Fixed assets 8,754,394,801.77 8,743,137,886.06
consideration
construction
Note 2.4 8,754,394,801.77 8,743,137,886.06
virtue of participating interests
ASSETS 2024 2023
D. Current assets 138,003,108.99 77,721,536.24
Note
2.5
6,461,197.01 989,300.98
5,767,005.60 399,075.39
694,191.41 590,225.59
E. Prepayments - –
TOTAL ASSETS 8,897,051,409.98 8,829,152,242.01
9
InPost Group
Integrated Annual Report 2024
STANDALONE FINANCIAL STATEMENTS
OF INPOST S.A.
2024 2023
A. Capital and reserves Note 2.6 7,701,835,434.04 7,672,674,017.02
B. Provisions 87,815.00 58,125.00
C. Creditors Note 2.7 1,194,739,711.07 1,155,593,907.83
- -
- -
- -
2024 2023
D. Deferred income 388,449.87 826,192.16
TOTAL (CAPITAL, RESERVES, AND LIABILITIES) 8,897,051,409.98 8,829,152,242.01
10
InPost Group
Integrated Annual Report 2024
STANDALONE FINANCIAL STATEMENTS
OF INPOST S.A.
Prot & Loss Financial year from 01.01.2024 to 31.12.2024 (in EUR)
PROFIT AND LOSS ACCOUNT 2024 2023
1. Net turnover – –
2. Variation in stocks of finished goods and in work in progress – –
3. Work performed by the undertaking for its own purposes and
capitalised purposes and capitalised
– –
4. Other operating income Note 2.8 6,520,873.08 1,714,986.95
5. Raw materials and consumables and other external expenses -11,679,323.13 -7,207,589.16
Note 2.9
6. Staff costs Note 2.10 -141,930.31 -124,959.29
7. Value adjustments – –
8. Other operating expenses Note 2.11 -1,383,815.61 -1,311,237.50
9. Income from participating interests Note 2.12 69,455,698.84 57,519,160.43
- -
PROFIT AND LOSS ACCOUNT 2024 2023
10. Income from other investments and loans forming
part of the fixed assets
1,911,304.80 431,583.60
11. Other interest receivable and similar income Note 2.13 3 4,707,597.75 35,965,994.87
12. Share of profit or loss of undertakings accounted for under
the equity method
– –
13. Value adjustments in respect of financial assets and of
investments held as current assets
– 316,500,000.00
14. Interest payable and similar expenses Note 2.14 -70,131,016.68 -94,888,736.85
15. Tax on profit or loss Note 2.15 – –
16. Profit or loss after taxation 29,259,388.74 308,599,203.05
17. Other taxes not shown under items 1 to 16 -97,971.72 -4,815.00
18. Profit or loss for the financial year 29,161,417.02 308,594,388.05
11
InPost Group
Integrated Annual Report 2024
STANDALONE FINANCIAL STATEMENTS
OF INPOST S.A.
2
Notes
to the annual
accounts as
at December
31, 2024
2.1
General
information
corporate purpose.
2.2
Summary of
signicant
accounting policies
General
whether the going concern
Formation expenses
Foreign exchange
the transaction.
12
InPost Group
Integrated Annual Report 2024
STANDALONE FINANCIAL STATEMENTS
OF INPOST S.A.
currencies other than EUR are converted at
the transactions.
2.2
Summary of
signicant
accounting policies
(Continued)
Derivative nancial instruments
accounts whereas gains are accounted
Financial xed assets
not continued if the reasons for which the
Debtors
continued if the reasons for which
Creditors
the difference is shown as an asset
and is written off over the period of
2.3
Formation
expenses
13
InPost Group
Integrated Annual Report 2024
STANDALONE FINANCIAL STATEMENTS
OF INPOST S.A.
2.4
Financial assets
Shares in afliated undertakings
Name of the company Registered office % Net book value
as at 01.01.2024
Additions/
(disposals)
for the year
(EUR)
(Value
adjustment/
reversal)
allocations for
the year (EUR)
Net book value
as at 31.12.2024
(EUR)
Last balance
sheet date
Net equity at the
B/S date (In local
currency)
Results of the last
financial year (In
local currency)
- - EUR
EUR
-
- - EUR
EUR
Total 8,214,969,001 - - 8,214,969,001
Loans to afliated companies
Name of the company Registered office Loans in principal
(EUR)
Accrued interests
as at 31.12.2024
(EUR)
Total 501,221,170.47 37,283,962.09
Details on loans to Integer.PL
Details on loans to Integer France
SAS
Details on loans to Mondial Relay SASU
14
InPost Group
Integrated Annual Report 2024
STANDALONE FINANCIAL STATEMENTS
OF INPOST S.A.
2.5
Debtors
Trade debtors
Other debtors
2.6
Capital
and reserves
Subscribed capital
paid.
Share premium
Legal reserve
Legal
reserve
Results brought
forward
Result for the year
-
-
- -
- -
As at the end of the year - -55,092,124.31 29,161,417.02
2.7
Creditors
Bonds
Bank debt
zero.
Trade creditors
Cash Pooling (bank transactions)
payable
15
InPost Group
Integrated Annual Report 2024
STANDALONE FINANCIAL STATEMENTS
OF INPOST S.A.
The other operating
2.8
Other
operating
income
2.9
Other
external
expenses
2024 2023
Office rent
IT services -
-
-
-
Other Insurance
-
Sponsorship -
-
and one accountant.
2.10
Staff costs
2.11
Other operating
expenses
2.12
Income from
participating
Interests
16
accounts.
InPost Group
Integrated Annual Report 2024
STANDALONE FINANCIAL STATEMENTS
OF INPOST S.A.
2.13
Other interest
receivable and
similar income
2.14
Interest payable and
similar expenses
2.15
Tax on prot or loss
2.16
Off-balance
sheet
commitments
into the guarantee deed as the
guarantor for the purpose of
providing a credit support to its
2.17
Related party
transactions
significant transactions entered
2.18
Subsequent
events
Bank debt renancing
