2. Net debt / refinancing

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Half-Year Report 2017

Half-Year Report 2017

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Half-Year Report 2017

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Table of contents for the Half-Year Report 2017 report

Half-Year Report 2017

Precious Woods Holding Precious Woods Gabon Precious Woods Amazon Carbon & Energy Share price Outlook

Interim condensed consolidated financial statements

Interim consolidated statement of financial position Interim consolidated statement of profit or loss Interim consolidated statement of comprehensive income Interim consolidated statement of changes in equity Interim condensed consolidated statement of cash flowsNotes to the interim condensed consolidated financial statements

1. Basis of presentation and accounting policies 2. Net debt / refinancing 3. Seasonality 4. Convertible loans 5. Financial information by segment 6. Subsequent events

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2. Net debt / refinancing

The Group is looking to reduce financial costs either by refinancing its existing debt or with capital increases. A general capital increase is not planned but authorized as well as conditional capital is reserved for strategic investors.