Page 59 - InterEnergo - Annual Report 2020

Interenergo Accounting report Interenergo Accounting report

1.4 Statement of Cash Flows for 2020 1.5 Statement of Changes in Equity for 2020

in EUR Note 2020 2019 Retained Profit or
Cash flows from operating activities Share Capital Legal earnings or loss for the
in EUR capital surplus reserves losses period Total equity
Profit or loss before tax 2,298,805 7,457,698
Balance at 31 Dec 2019 10,200,000 65,450,000 95,722 -18,460,101 5,168,092 62,453,712
Adjustments 1,784,756 618,424
Amortisation/Depreciation 2.4.20 1,029,100 795,352 Total comprehensive
income for the period 0 0 0 0 1,108,725 1,108,725
Impairment of trade receivables and contract assets 1,103 4,697
Impairment of investments 2.4.3 3,906,237 3,949,349 Net profit for 2020 0 0 0 0 1,108,725 1,108,725
Finance income 2.4.22 -3,207,835 -2,983,328 Changes within equity 0 0 0 5,168,092 -5,168,092 0
Finance costs 2.4.22 1,343,946 1,030,780 Allocation of profit to other
equity components 0 0 0 5,168,092 -5,168,092 0
Change in fair value 2.4.7 2,296,328 -2,421,339
Income tax paid 2.4.23 -3,584,123 242,913 Balance at 31 Dec 2020 10,200,000 65,450,000 95,722 -13,292,010 1,108,725 63,562,437
Change in working capital -1,785,777 2,629,862
Change in non-current receivables 2.4.4 3,677 8,358 Accounting policies and notes form a constituent part of the Company’s financial statements.
Change in trade and other receivables 2.4.8 799,711 11,430,544
Change in prepayments, contract assets and other assets 2.4.9 -4,258,132 11,244,395 1.6 Statement of Changes in Equity for 2019
Change in other non-current liabilities 2.4.13 -609,254 942,599
Change in trade and other payables 2.4.15 2,278,221 -20,996,034
Cash generated from operating activities 2,297,784 10,705,984 Retained Profit or
Share Capital Legal earnings or loss for the
Cash flows from investing activities in EUR capital surplus reserves losses period Total equity
Cash proceeds from investing activities 2,916,539 7,251,096
Balance at 31 Dec 2018 10,200,000 65,450,000 95,722 -14,249,476 -4,210,626 57,285,620
Interest received 2.4.22 1,947,267 3,017,345
Total comprehensive
Dividends received 0 0
income for the period 0 0 0 0 5,168,092 5,168,092
Cash proceeds from sale of property, plant and equipment 2.4.1, 2.4.2 19,272 32,804
Net profit for 2019 0 0 0 0 5,168,092 5,168,092
Cash proceeds from repayment of loans granted 2.4.3, 2.4.6 950,000 4,200,947
Cash disbursements from investing activities -38,670,635 -16,704,625 Changes within equity 0 0 0 -4,210,626 4,210,626 0
Acquisition of intangible assets and property, plant and Allocation of profit to other
equipment 2.4.1, 2.4.2 -2,148,563 -1,271,147 equity components 0 0 0 -4,210,626 4,210,626 0
Acquisition of subsidiaries 2.4.3, 2.4.6 -10,964,173 -2,622,823 Balance at 31 Dec 2019 10,200,000 65,450,000 95,722 -18,460,101 5,168,092 62,453,712
Increase in loans granted 2.4.3, 2.4.6 -25,557,899 -12,810,655
Cash from (used in) investing activities -35,754,095 -9,453,530 Accounting policies and notes form a constituent part of the Company’s financial statements.
Cash flows from financing activities
Cash proceeds from financing activities 56,844,867 90,448,154
Proceeds from contributions of capital 0 0
Proceeds from financial liabilities 2.4.12, 2.4.14 56,844,867 90,448,154
Cash disbursements from financing activities -21,011,355 -92,855,658
Interest paid 2.4.22 -1,341,702 -1,025,300
Payment of lease liabilities 2.4.12, 2.4.14 -187,053 -170,416
Repayment of financial liabilities 2.4.12, 2.4.14 -19,482,600 -91,659,942
Cash from (used in) financing activities 35,833,513 -2,407,504
Opening balance of cash and cash equivalents 6,055,013 7,210,063
Change in cash and cash equivalents 2,377,202 -1,155,050
Closing balance of cash and cash equivalents 8,432,215 6,055,013

Accounting policies and notes form a constituent part of the Company’s financial statements.

56 Integrated Annual Report 2020 Integrated Annual Report 2020 57