GRENERGY RENOVABLES, S.A.
FINANCIAL STATEMENTS AND MANAGEMENT REPORT
FOR THE YEAR ENDED
DECEMBER 31, 2023
GRENERGY RENOVABLES, S.A. AND SUBSIDIARIES
STATEMENT OF FINANCIAL POSITION
AT DECEMBER 31, 2023 AND 2022
(Thousands of euros)
Notes to the | Financial Year | Financial Year | Notes to the | Financial Year | Financial Year | ||
ASSETS | financial statements | 2023 | 2022 | EQUITY AND LIABILITIES | financial statements | 2023 | 2022 |
NON-CURRENT ASSETS | EQUITY | ||||||
446,033 | 253,252 | 307,308 | 274,730 | ||||
CAPITAL AND RESERVES | 305,440 | 274,730 | |||||
Intangible assets | 5 | 565 | 248 | Share capital | 12.1 | 10,714 | 10,714 |
Patents, licenses, trademarks, et al. | 10 | 10 | Issued capital | 10,714 | 10,714 | ||
Software | 555 | 238 | Share premium | 12.2 | 198,912 | 198,912 | |
Property, plant, and equipment | 6 | 2,607 | 2,181 | Reserves and retained earnings | 12.3 | 77,992 | 78,895 |
Legal reserve | 2,143 | 1,955 | |||||
Plant and other PP&E | 1,897 | 1,833 | Voluntary reserves | 75,849 | 76,940 | ||
PP&E under construction and prepayments | 710 | 348 | (Treasury shares and own equity investments) | 12.4 | (32,989) | (19,728) | |
Investments in group companies and associates | 8.1 | 435,343 | 245,776 | Profit (loss) for the year | 3 | 50,811 | 5,937 |
UNREALIZED GAINS (LOSSES) RESERVE | 12.5 | 1,868 | - | ||||
Equity instruments | 153,602 | 39,626 | |||||
Loans to group companies and associates | 281,741 | 206,150 | Hedging transactions | 1,868 | - | ||
Financial investments | 8.2 | 2,783 | 2,670 | NON-CURRENT LIABILITIES | |||
Equity instruments | 40 | 40 | 196,934 | 93,125 | |||
Derivatives | 2,491 | - | Borrowings | 133,044 | 92,343 | ||
Other financial assets | 252 | 2,630 | Bonds and other marketable debt securities | 14.1 | 51,915 | 83,231 | |
Deferred tax assets | 16 | 4,735 | 2,377 | Bank borrowings | 14.2 and 14.3 | 80,346 | 8,267 |
Finance lease payables | 7.1 | 783 | 845 | ||||
Borrowings from Group companies and associates | 15 and 20.1 | 62,621 | - | ||||
Deferred tax liabilities | 16 | 1,269 | 782 | ||||
CURRENT ASSETS | CURRENT LIABILITIES | ||||||
204,792 | 180,473 | 146,583 | 65,870 | ||||
Inventories | 9 | 10,161 | 16,389 | Provisions | 13 | - | 509 |
Raw materials and other consumables | 864 | 2,136 | Borrowings | 126,998 | 39,835 | ||
Work in progress | 9,160 | 14,253 | |||||
Prepayments to suppliers | 137 | - | Bonds and other marketable debt securities | 68,430 | 34,529 | ||
Trade and other receivables | 143,463 | 144,947 | Bank borrowings | 14.2 and 14.3 | 58,222 | 4,875 | |
Trade receivables | 10 | 5,264 | 259 | Finance lease payables | 7.1 | 346 | 301 |
Trade receivables from group companies and associates | 20.1 | 108,965 | 115,233 | Other financial liabilities | 14.4 | - | 130 |
Other accounts receivable | 10 | 17,290 | 27,457 | Payables to group companies and associates | 15 and 20.1 | 846 | 1,028 |
Receivable from employees | 154 | - | |||||
Current income tax assets | 16 | 11,510 | 1,610 | Trade and other payables | 18,739 | 24,498 | |
Other receivables from public administrations | 16 | 280 | 388 | ||||
Investments in group companies and associates | 8.1 and 20.1 | 942 | - | Suppliers | 454 | 12,208 | |
Loans to group companies and associates | 942 | - | Suppliers, group companies and associates | 20.1 | 13,640 | 10,074 | |
Financial investments | 8.2 | 73 | 1,367 | Other accounts payable | 2,819 | 530 | |
Loans to companies | 66 | 727 | Employee benefits payable (remuneration pending payment) | 1,168 | 1,246 | ||
Other financial assets | 7 | 640 | Other payables to public administrations | 16 | 331 | 295 | |
Accruals | 1,033 | 404 | Customer advances | 10 | 327 | 145 | |
Cash and cash equivalents | 11 | 49,120 | 17,366 | ||||
Cash in hand | 35,740 | 17,366 | |||||
Other cash equivalents | 13,380 | - | |||||
TOTAL ASSETS | 650,825 | 433,725 | TOTAL EQUITY AND LIABILITIES | 650,825 | 433,725 |
The accompanying notes 1 to 22 and appendices are an integral part of the balance sheet at December 31, 2023 and 2022.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Grenergy Renovables SA published this content on 04 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 March 2024 12:06:07 UTC.