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	<fromDate>2026-01-01</fromDate>
	<toDate>2026-09-30</toDate>
	<createDate>2026-10-29</createDate>
	<personName>АДАРА АД</personName>
	<persontype>Емитент на облигации</persontype>
	<eik>102046474</eik>
	<represents>ДАМЯН ИВАНОВ ДИМИТРОВ</represents>
	<representsType>ИЗПЪЛНИТЕЛЕН ДИРЕКТОР</representsType>
	<addressMain>ГР. СОФИЯ, БУЛ. АЛЕКСАНДЪР МАЛИНОВ № 75</addressMain>
	<addressCorrespondence>ГР. СОФИЯ, БУЛ. АЛЕКСАНДЪР МАЛИНОВ № 75</addressCorrespondence>
	<telephone>+359 888 83 78 94</telephone>
	<email>adara@adarajsc.eu</email>
	<website>http://adarajsc.eu/</website>
	<media>http://www.infostock.bg/</media>
	<creator>ГЕРГАНА ПЕТРОВА СТАНЧЕВА</creator>
	<position>СЧЕТОВОДИТЕЛ</position>
	<balance>
		<current>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment/>
					<intangibleAssets/>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<subsidiaries>21767</subsidiaries>
							<otherBusinesses>413</otherBusinesses>
						</investIn>
						<heldToMaturity/>
					</finAssets>
					<tradeReceivables/>
				</nonCurrentAssets>
				<currentAssets>
					<inventories/>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>14126</receivablesAffiliatedCompanies>
						<receivablesCustomersSuppliers>123</receivablesCustomersSuppliers>
						<receivablesGrantedCommercialLoans>1395</receivablesGrantedCommercialLoans>
						<taxRecovery>1</taxRecovery>
						<others>3465</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading>
							<others>13060</others>
						</finAssetsKeptForTrading>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsCash>2</finAssetsCash>
						<finAssetsTimeDeposits>4</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>914</registeredContributedCapital>
					</capitalStock>
					<reserves>
						<targetReserve>
							<generalReserves>100</generalReserves>
							<otherReserves>399</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>3141</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>437</currentProfit>
					</finResult>
				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>13814</receivedLoansBanksNonBanks>
						<bondLoans>12769</bondLoans>
					</commercialOtherObligations>
					<deferredTaxLiabilities>367</deferredTaxLiabilities>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<liabilitiesLoansBankNonBank>5113</liabilitiesLoansBankNonBank>
						<currentPartNonCurrentLiabilities>1404</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsRelatedEnterprises>3</obligationsRelatedEnterprises>
							<dutiesStaff>1</dutiesStaff>
						</currentObligations>
						<provisions>15894</provisions>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</current>
		<previous>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment/>
					<intangibleAssets/>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<subsidiaries>21767</subsidiaries>
							<otherBusinesses>413</otherBusinesses>
						</investIn>
						<heldToMaturity/>
					</finAssets>
					<tradeReceivables/>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<others>70</others>
					</inventories>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>13834</receivablesAffiliatedCompanies>
						<receivablesCustomersSuppliers>165</receivablesCustomersSuppliers>
						<receivablesGrantedCommercialLoans>2679</receivablesGrantedCommercialLoans>
						<taxRecovery>1</taxRecovery>
						<others>3524</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading>
							<others>12234</others>
						</finAssetsKeptForTrading>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsCash>2</finAssetsCash>
						<finAssetsTimeDeposits>141</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>916</registeredContributedCapital>
					</capitalStock>
					<reserves>
						<targetReserve>
							<generalReserves>5</generalReserves>
							<otherReserves>399</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>2996</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>238</currentProfit>
					</finResult>
				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>14814</receivedLoansBanksNonBanks>
						<bondLoans>12768</bondLoans>
					</commercialOtherObligations>
					<deferredTaxLiabilities>367</deferredTaxLiabilities>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<liabilitiesLoansBankNonBank>5113</liabilitiesLoansBankNonBank>
						<currentPartNonCurrentLiabilities>1343</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsRelatedEnterprises>17</obligationsRelatedEnterprises>
							<obligationsSuppliersCustomers>14</obligationsSuppliersCustomers>
							<advancesReceived>488</advancesReceived>
							<dutiesStaff>1</dutiesStaff>
						</currentObligations>
						<provisions>15351</provisions>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</previous>
	</balance>
	<incomes>
		<current>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costsForExternalServices>21</costsForExternalServices>
						<remunerationExpenses>14</remunerationExpenses>
						<insuranceCosts>3</insuranceCosts>
						<others>15</others>
						<impairmentOfAssets>14</impairmentOfAssets>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>1426</interestExpense>
						<others>216</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes/>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<others>30</others>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>626</interestIncome>
						<incomeFromDividends>605</incomeFromDividends>
						<others>871</others>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</current>
		<previous>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costsForExternalServices>21</costsForExternalServices>
						<remunerationExpenses>13</remunerationExpenses>
						<insuranceCosts>2</insuranceCosts>
						<others>48</others>
						<impairmentOfAssets>24</impairmentOfAssets>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>1473</interestExpense>
						<negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>82</negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>149</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes/>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<others>35</others>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>670</interestIncome>
						<incomeFromDividends>561</incomeFromDividends>
						<positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>81</positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>702</others>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</previous>
	</incomes>
	<cashFlows>
		<current>
			<cashFlowsFromOperationalActivity>
				<paymentsToSuppliers>-53</paymentsToSuppliers>
				<paymentsRelatedToFinancialAssetsHeldForTrading>-18653</paymentsRelatedToFinancialAssetsHeldForTrading>
				<paymentsRelatedToRemuneration>-15</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>-16</taxesPaidRefunded>
				<otherReceiptsPaymentsFromOperationalActivity>1615</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<loansGranted>-1257</loansGranted>
				<reimbursedGrantedLoans>972</reimbursedGrantedLoans>
				<receivedInterestOnLoansGranted>209</receivedInterestOnLoansGranted>
				<proceedsFromSaleOfInvestments>18</proceedsFromSaleOfInvestments>
				<dividendsReceivedFromInvestments>605</dividendsReceivedFromInvestments>
				<otherReceiptsPaymentsFromInvestmentActivity>60</otherReceiptsPaymentsFromInvestmentActivity>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>18397</proceedsFromLoans>
				<loansPaid>-958</loansPaid>
				<paidInterestFeesCommissionsOnLoansForInvestmentPurposes>-1061</paidInterestFeesCommissionsOnLoansForInvestmentPurposes>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>143</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>6</availabilityInCashAndBank>
				<blockedFunds>2</blockedFunds>
			</cashFlowsPeriodEnd>
		</current>
		<previous>
			<cashFlowsFromOperationalActivity>
				<paymentsToSuppliers>-49</paymentsToSuppliers>
				<paymentsRelatedToFinancialAssetsHeldForTrading>-20057</paymentsRelatedToFinancialAssetsHeldForTrading>
				<paymentsRelatedToRemuneration>-14</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>-6</taxesPaidRefunded>
				<otherReceiptsPaymentsFromOperationalActivity>1918</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<loansGranted>-2147</loansGranted>
				<reimbursedGrantedLoans>1456</reimbursedGrantedLoans>
				<receivedInterestOnLoansGranted>286</receivedInterestOnLoansGranted>
				<dividendsReceivedFromInvestments>561</dividendsReceivedFromInvestments>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>20071</proceedsFromLoans>
				<loansPaid>-761</loansPaid>
				<paidInterestFeesCommissionsOnLoansForInvestmentPurposes>-1260</paidInterestFeesCommissionsOnLoansForInvestmentPurposes>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>178</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>176</availabilityInCashAndBank>
				<blockedFunds>2</blockedFunds>
			</cashFlowsPeriodEnd>
		</previous>
	</cashFlows>
	<capital>
		<capitalStock>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<otherAmendments>-2</otherAmendments>
		</capitalStock>
		<premiumReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</premiumReserve>
		<reserveFromSubsequentValuations>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</reserveFromSubsequentValuations>
		<generalTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing>
				<others>95</others>
			</profitSharing>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</generalTargetReserves>
		<specializedTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</specializedTargetReserves>
		<otherTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<balanceAtTheBeginningOfTheReportingPeriod>399</balanceAtTheBeginningOfTheReportingPeriod>
		</otherTargetReserves>
		<accumulatedProfit>
			<changesInOpeningBalances/>
			<profitSharing>
				<others>-95</others>
			</profitSharing>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<otherAmendments>2</otherAmendments>
		</accumulatedProfit>
		<accumulatedLoss>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</accumulatedLoss>
		<transReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</transReserve>
		<minorityParticipation>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</minorityParticipation>
	</capital>
</ReportingInfo>