Page 103 - InterEnergo - Annual Report 2020

Interenergo Accounting report Interenergo Accounting report

2.8 Significant events after the reporting date All other items of the statement of financial position that are not directly attributable to the SGEI activity are
shown under the market activity.

No significant transactions and events occurred after the reporting date, which would have an impact on the
financial statements for 2020. 2.9.1 Statement of Financial Position by Activity as at

Events that occurred after 31 December 2020 and are deemed significant for business operations in 2021: 31 December 2020
• Danny Güthlein was on 1 January 2021 appointed as new Chairman of the Supervisory Board to replace
the previous Chairman, Armin Wiersma, and Manfred Freitag was appointed Deputy Chairman of the SGEI activity
Supervisory Board. for heat supply
from the district
• In March 2021, the Company signed a contract for the purchase of a 51% equity interest in PVE Euroing, in EUR Total Market activity SGEI activity heating system
d.o.o.; it will take over the ownership once all the suspensive conditions are met. The Company will in Assets 151,567,032 150,509,835 957,931 99,266
partnership with Trigal, d.o.o. develop a project to build a 30 MW wind farm in the municipality of Bogdanci
in northern Macedonia. Non-current assets 95,019,384 94,092,168 876,438 50,778
Intangible assets 396,683 396,683 0 0
2.9 Company’s financial statements by activity pursuant to the Property, plant and equipment 5,563,928 4,636,712 876,438 50,778
Services of General Economic Interest Act Non-current investments 88,839,837 88,839,837 0 0

Non-current receivables 55,453 55,453 0 0
In addition to marketing activities, the Company provided in 2020 public utility service for public lighting and Deferred tax assets 163,483 163,483 0 0
heat supply from the district heating system based on concession contracts (hereinafter: SGEI activities), and Current assets 56,547,648 56,417,667 81,493 48,488
is required to provide separate accounting monitoring of the activity (i.e. performing of the SGEI activities
under concession contracts) in accordance with provisions of the Services of General Economic Interest Act Current investments 4,593,239 4,593,239 0 0
and Transparency of Financial Relations and Maintenance of Separate Accounts for Different Activities Act, Derivatives (assets) 5,293,775 5,293,775 0 0
in a manner that enables the accounting of costs, expenses and revenue by the principles applicable to Trade and other receivables 26,029,010 25,899,029 81,493 48,488
companies.
Prepayments, contracts assets and
Company’s activity is divided into three segments: investments and trading, which are entirely market other assets 11,695,507 11,695,507 0 0
activities, and energy services, which are partly a market and partly a SGEI activity. In accordance with the Income tax receivables 503,902 503,902 0 0
aforesaid structure, the Company records all revenue, costs and expenses by cost centre, which enables Cash and cash equivalents 8,432,215 8,432,215 0 0
accurate division of all revenue, costs and expenses by segment and simultaneously by type of activities.
The indirect costs of the segment and Company’s general costs are divided by the different types of activities Equity and liabilities 151,567,032 151,409,545 148,807 8,680
according to predefined criteria (division keys). Equity 63,562,437 63,483,169 89,390 -10,122
The income, expenses and expenses of the SGEI activities shown in the income statement by type of activity Share capital 10,200,000 10,200,000 0 0
thus consist of: Capital surplus 65,450,000 65,450,000 0 0
• direct revenue, expenses and costs identified by the cost centres of the SGEI activity; Legal reserves 95,722 95,722 0 0

• the proportionate share of indirect revenue, expenses and costs of the segment allocated to the SGEI Retained losses -13,292,010 -13,371,278 89,390 -10,122
activity based on the appropriate division key; and
Net profit or loss for the period 1,108,725 1,108,725 0 0
• the proportionate share of general revenue, expenses and costs of the Company assigned to the SGEI Non-current liabilities 62,166,657 62,166,657 0 0
activity based on the appropriate division key.
Non-current financial liabilities 61,610,638 61,610,638 0 0
The assets and liabilities of the SGEI activity recorded in the statement of financial position by type of activity Other current liabilities 556,018 556,018 0 0
consist of:
Current liabilities 25,837,939 25,759,719 59,417 18,802
• plant and equipment directly assigned to the SGEI activity;
Current financial liabilities 3,074,708 3,074,708 0 0
• current receivables arising directly from the SGEI activity;
Derivatives (liabilities) 5,065,860 5,065,860 0 0
• current liabilities arising directly from the SGEI activity, and
Trade and other payables 17,697,371 17,619,151 59,417 18,802
• net profit or loss as shown in the statement of profit or loss by type of activity. Income tax payables 0 0 0 0

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