Q1 interim report January – March 2022
Collections in line with last year whilst earnings were affected by market volatilityHighlights first quarter 2022 · Gross ERC at the end of March 2022 was EUR 296m (297 at December 2021) · Cash at the end of March 2022 was EUR 60.4m (62.7 at December 2021) · Gross collections amounted to EUR 15.7m (14.4)* · Net collections amounted to EUR 12.7m (12.6)* · Cash EBITDA amounted to EUR 11.8m (10.1)* · Net loss for the period of EUR 1.0m (0.2)* including EUR 3.4m mark-to-market loss on the investment in Addiko Bank driven by the proposed CHF law in Slovenia and market