Company: GINT
Filing Date: 2025-03-12
Form Type: DRS/A
Source: 0001213900-25-022887
Chunk: 207

Company: Gifts International Holdings Ltd
Filing Date: 2025-03-12
Form: DRS/A
Chunk 207
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 — |   |     |      |         — |   |
| Repayment from (advance to) shareholder                                        |     |                                |    921,501 |   |     |      | (1,270,559 | ) |     |      |  (163,535 | ) |
| Net cash used in financing activities                                          |     |                                |   (133,532 | ) |     |      | (5,983,396 | ) |     |      |  (770,131 | ) |
| Net change in cash and cash equivalent                                         |     |                                |   (202,223 | ) |     |      | (5,270,040 | ) |     |      |  (678,316 | ) |
| BEGINNING OF PERIOD                                                            |     |                                |  5,814,767 |   |     |      |  8,604,416 |   |     |      | 1,107,489 |   |
| END OF PERIOD                                                                  |     | $                              |  5,612,544 |   |     | $    |  3,334,376 |   |     | $    |   429,173 |   |
| SUPPLEMENTAL CASH FLOW INFORMATION:                                            |     |                                |            |   |     |      |            |   |     |      |           |   |
| Cash paid for income taxes                                                     |     | $                              |          — |   |     | $    |          — |   |     | $    |         — |   |
| Cash paid for interest                                                         |     | $                              |     94,699 |   |     | $    |    149,436 |   |     | $    |    19,234 |   |
| Non-cash investing and financing activities:                                   |     |                                |            |   |     |      |            |   |     |      |           |   |
| Final dividends to the shareholder offset with amount due from the shareholder |     | $                              |          — |   |     | $    |          — |   |     | $    |         — |   |

See accompanying notes to the unaudited condensed consolidated and combined financial statements.

F-5

GIFTS INTERNATIONAL HOLDINGS LIMITED AND SUBSIDIARIES
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED AND
COMBINED FINANCIAL STATEMENTS NOTE 1