YEAR-END INFORMATION — SERVIZI RIVA S.R.L.
Entirely fictional information supplied by the company's administration for the teaching exercise. These are input statements, not Vera's review decisions or finished accounts.

A. Period and completeness
The company started on 1 January 2025. Its first year ends on 31 December 2025. The accompanying trial balance contains every non-zero closing balance for this exercise. No other asset, liability, equity, income or expense balance has been omitted. It excludes income-account closing entries. There is no prior financial year and no opening balance, prior profit, reserve or prior-period tax.

B. Assets, liabilities and business activity
The company supplies ordinary administrative support services to independent Italian business customers. All EUR 25,000 of fees relate to services completed and accepted during 2025; contracts have fixed fees, no variable consideration, bundled deliverables, agency arrangement, return rights or work still to perform. The sole bank balance is EUR 19,000; there is no cash on hand or other deposit. Trade receivables total EUR 8,000, are due within twelve months and are expected to be collected in full; there are no disputed balances, allowances, accrued income or other receivables. Share capital of EUR 10,000 is fully paid. Trade payables are due within twelve months. The only other payable is the supplied current-tax amount. There are no loans, interest, secured debts or debts due after twelve months.

C. Costs and accounting information
Rent expense of EUR 6,000 concerns the 2025 use of an ordinary rented office; it is not a finance lease. Service expense concerns administrative and professional services received in 2025. The company owns no property, equipment, intangible assets, inventory, securities or participations. It has no depreciation, amortisation, impairment, revaluation, provisions, severance-pay obligation, prepayment or accrual. It uses nominal amounts for these short-term balances; there are no foreign-currency positions, discounts, finance components or recoverability adjustments. No sale or purchase remains to be recognised outside the supplied closing balances.

D. Tax information supplied to this workflow
A fictional tax workpaper prepared outside this accounts-preparation exercise supplies current-tax expense and a matching unpaid current-tax liability of EUR 3,500. That amount is already booked in accounts 600 and 220. No tax payment, credit, deferred or prepaid tax, prior-year tax, tax-consolidation or tax-transparency item is present. The exercise does not calculate a tax rate or teach a tax return. Review the supplied amount as part of the accounts input.

E. Company declarations
There are no employees or employee costs. One director serves without compensation, advances, loans, guarantees or other benefits; there is no auditor compensation. The company holds no own or parent-company shares and belongs to no group. No guarantees, commitments, contingent liabilities, litigation, off-balance-sheet agreements, derivatives or non-market transactions exist in this fictional case. There are no related-party transactions apart from the fully paid capital contribution. There are no finance leases or exceptional income/expense items, and the ordinary fee activity has no additional segment or geographic disclosure in this exercise.

F. Year-end and subsequent events
No accounting-policy change, prior-period error correction, material post-closing event or substantive taxonomy-representation difference has been identified in this supplied information. Management's next-twelve-month cash estimate is receipts EUR 40,000 and payments EUR 30,000, starting from the supplied bank balance; it assumes no new borrowing or asset sale. Management reports no going-concern uncertainty. These declarations and the estimate are supplied for the preparer's review, not as an assurance opinion. The annual accounts and allocation of their result have not been approved.

G. Supporting schedule details
All trade receivables concern independent customers in Italy, are denominated in euros and are not factored. All trade payables concern independent suppliers in Italy; there are no securities, covenants or shareholder-financing arrangements. Current tax is payable to the Italian tax authority within twelve months. Receipt and payment movements are those in the CSV, with no other movements or adjustments. The tax base supplied by the external tax workpaper is EUR 14,000; temporary differences and unrecognised tax amounts are zero. Share capital was fully paid by the owners during the first year and is not distributable as profit. There are no reserves or prior uses. Management proposes to retain the full current-year result in the company, allocating the required portion to the legal reserve and carrying forward the remainder, with no dividend; that proposal remains subject to review and resolution. Until then, the result remains in equity as the result for the year. No allocation or distribution has already occurred.
