In early April, the investment company S1 REIT published the results of the audit of its operations for 2025. The audit was conducted by Crowe Erfolg Ukraine, a leading Ukrainian audit and consulting firm and an official member of the international Crowe Global network. This network consistently ranks among the top 10 largest audit networks in the world, providing the company with access to global standards and methodologies.
“The audit is part of the regulator’s requirements for funds that attract collective investments. Publishing the report is not only compliance with Ukrainian legislation but also a confirmation of our transparency and openness. The documents are available on the company’s official website,” noted S1 REIT’s Chief Financial Officer Vadym Pavlushyna.
The audit opinion confirmed that the 2025 financial statements, in all material respects, fairly present the financial position of the funds in accordance with International Financial Reporting Standards (IFRS). According to the audit results, S1 REIT demonstrated growth momentum and a high level of protection for investors’ capital.
The report notes the absence of external debt on the funds and confirms that growth is driven by equity and direct investments. This minimizes risks for investors during periods of economic volatility.
“We have demonstrated that each investment certificate is backed by real, legally sound, and profitable assets. Even amid the challenges of 2025, we maintained stability: the reports confirm that no events occurred that would have negatively impacted capital,” added Vadym Pavlushyna.
The full audit report for 2025 is published on the website, in the “About Us” section https://reit.s1.ua/ua/about. The documents contain financial information about AMC “REIT S1” and all active funds in the company’s portfolio.
The fund’s past performance is not a guarantee of future returns. Before investing, please review the terms and conditions and consult with a financial advisor.
About Us:
S1 REIT is Ukraine’s first operator of collective investments in income-generating real estate, offering the opportunity to become a co-owner of profitable properties with an entry threshold that is tens of times lower than the cost of a single residential or commercial unit. The company operates under the Real Estate Investment Trust (REIT) model, providing investors with the opportunity to participate in the ownership and receipt of income from income-generating properties without direct asset management.
Currently, two funds are available for investment: S1 VDNG and S1 Obolon. The assets of these funds consist of apartments in income-generating buildings developed by Standard One.
Agro-industrial group “Kernel”, the largest producer of vegetable oil in Ukraine, will publish a consolidated report for fiscal year 2022 (FY, July-2021 – June-2022) on October 31, 2022 due to the unstable situation in Ukraine in the context of the Russian invasion.
As stated in the message of the holding on the Warsaw Stock Exchange, the management of Kernel in this fiscal year will not hold a regular conference call on the day the report is published, since “no information in addition to that presented in the report should be presented during such a conference.”
“The management does not intend to make any recommendations or forecasts regarding the future activities of the company, given the uncertainty prevailing in Ukraine due to the Russian invasion. The company will return to the usual practice of arranging quarterly calls after the lifting of martial law in Ukraine,” the agricultural holding emphasized in an exchange message. .
In addition, the group of companies will continue to analyze the consequences of Russian aggression in Ukraine and inform all parties interested in the company’s activities about updates and changes in the work of Kernel.
Before the war, Kernel ranked first in the world in the production of sunflower oil (about 7% of world production) and its export (about 12%), and was also the largest producer and seller of bottled sunflower oil in Ukraine. In addition, the company was engaged in the cultivation of other agricultural products and their sale.
The largest co-owner of Kernel through Namsen Ltd. is Ukrainian businessman Andrey Verevsky with a share of 39.3%.
The agricultural holding in fiscal year 2021 (FY, July 2020 – June 2021), increased its net profit by 4.3 times compared to FY 2020 – up to $513 million, its EBITDA increased 2.1 times – up to $929 million, revenue – by 38%, to $5.65 billion.
Ukrainians declared UAH 871 million of income tax and UAH 120 million of military tax as of May 14, 2020. In particular, some 3,150 citizens reported incomes in the amounts of more than UAH 1 million. In general, the will pay UAH 393 million of income tax and UAH 47 million of military tax.
The State Tax Service of Ukraine reported on its website that the majority of citizens, who declared more than UAH 1 million in incomes in 2019, are as usually registered in Kyiv – around 1,200 taxpayers.
“Kharkiv and Dnipropetrovsk regions have 278 and 270 millionaires, respectively,” it said.
The State Tax Service also said that the income declaring campaign for 2019 has been prolonged until July 1, 2020. The deadline for submitting declarations is June 30, 2020.
