Bafin completes audit of the Financial Statements 2023

  • Bafin has completed its audit of the annual financial statements 2023 and the accompanying combined management and consolidated management reports
  • No objections to the combined management and consolidated management reports
  • The only finding concerns the absence of a note regarding the remaining term of receivables from affiliated companies in the notes
  • Missing disclosure in the published annual financial statements for 2024 and 2025 has already been supplemented, including retrospective presentation for 2023

Munich, June 30, 2026 – The Federal Financial Supervisory Authority (“Bafin”) has completed its review of disclosures in the notes to the financial statements of Mutares SE & Co. KGaA (“Mutares”; ISIN: DE000A2NB650) as of December 31, 2023, as well as disclosures in the accompanying combined management and consolidated management reports.

Except for a missing note on the remaining term of receivables from affiliated companies in the annual financial statements 2023, Bafin has no further findings. The corresponding disclosure has already been added to the published annual financial statements 2024 and 2025, including a retrospective presentation as of December 31, 2023. Mutares has thus fully addressed the information needs of the users of the financial statements regarding the remaining term of receivables from affiliated companies even before the completion of the Bafin audit.

Bafin completed its review of the information regarding the expected development in the combined management and consolidated management reports without raising any objections.

Mutares considers this to be confirmation of its view that the forecast for the most significant financial performance indicators – revenue, EBITDA, adjusted EBITDA for the Group, and the Company’s net income under German commercial law – fully met the information needs of the users of the financial statements for the fiscal year 2023.

Mutares worked constructively with Bafin throughout the entire process and has already proactively expanded the disclosures in the last two annual financial statements. The completion of the audit ensures transparency and reliability in capital market communications.