CNTEE Transelectrica SA

Company managed by two-tier system

Stand-alone Interim Simplified Financial Statements

as of and for the nine months' period ended on

30 September 2021

Elaborated in accordance with

International Accounting Standard 34 - "Interim Financial Reporting"

CNTEE Transelectrica SA

Stand-alone simplified statement of financial position on 30 September 2021

(All amounts are expressed in LEI, unless otherwise provided)

Assets

Non-current assets

Tangible assets

Assets rel. to the usage rights of assets under leasing - buildings

Intangible assets Financial assets

Total non-current assets

Current assets

Inventories

Trade and other receivables

Receivable income tax

Other financial assets

Cash and cash equivalenhts

Total current assets

Total assets

Shareholders' equities and liabilities Shareholders' equities

Share capital, of which:

Subscribed share capital

Share premium

Legal reserves

Revaluation reserves

Other reserves

Retained earnings

Total shareholders' equities

Non-current liabilities Non-currentdeferred revenues

Borrowings

Other loans and assimilated liabilities - building leasing, long term

Deferred tax liabilities Employee benefits obligations

Total non-current liabilities

Current liabilities

Trade and other liabilities

Other loans and assimilated liabilities - building leasing, short term

Other tax and social security liabilities Borrowings

Provisions

Current deferred revenues Payable income tax

Total current liabilities

Total liabilities

Total shareholders' equities and liabilities

Note

4

5

6

7

8

9

10

11

11

11

12

10

9

30 September 2021

31 December 2020

3,756,547,8193,560,861,042

31,808,95837,773,137

6,352,4906,976,600

81,742,97381,742,973

3,876,452,2403,687,353,752

41,220,93438,401,417

1,103,101,225847,936,655

2,940,6691,247,719

-

-

398,940,758554,003,528

1,546,203,5861,441,589,319

5,422,655,8265,128,943,071

733,031,420

733,031,420

733,031,420

733,031,420

49,842,552

49,842,552

137,832,724

137,832,724

787,211,297

841,699,025

28,286,473

17,441,687

1,687,167,409

1,615,652,289

3,423,371,875

3,395,499,697

450,629,083

352,028,637

85,411,470

101,671,268

23,530,682

30,531,904

114,507,137

119,037,879

72,641,000

72,641,000

746,719,372

675,910,688

1,113,909,334

887,977,288

7,843,561

7,416,569

9,462,943

17,011,429

25,064,214

24,709,805

70,084,240

91,564,358

26,200,287

28,853,237

-

-

1,252,564.579

1,057,532,686

1,999,283,951

1,733,443,374

5,422,655,826

5,128,943,071

The attached notes 1-22 constitute integrant part of these stand-alone interim simplified financial statements.

1

CNTEE Transelectrica SA

Stand-alone profit and loss account for the nine months' period ending on 30 September 2021

(All amounts are expressed in LEI, unless otherwise provided)

Note

Revenues

Transmission revenues

System service revenues

Revenues from the balancing market

Other revenues

Total revenues

14

Operational expenses

System operation expenses

15

Balancing market expenses

15

Expenses regarding technological system services

15

Amortisement

Personnel expenses

16

Repairs and maintenance

Materials and consumables

Other operational expenses

17

Total operational expenses

Operational income

Financial revenues

Financial expenses

Net financial result

18

Profit before income tax

Income tax

13

01 July -

01 July -

01 January -

01 January -

30 September 2021

30 September 2020

30 September 2021

30 September 2020

297.843.847

251.527.376

910.311.281

758.784.929

157.685.444

193.159.389

479.037.932

585.627.967

394.230.699

119.967.963

863.096.725

286.031.513

10.282.013

9.084.358

29.350.661

33.255.944

860.042.003

573.739.086

2.281.796.599

1.663.700.353

(123,175,399)

(74,863,789)

(325,320,603)

(217,761,193)

(394,566,807)

(119,937,963)

(850,692,688)

(286,031,513)

(156,502,406)

(123,344,908)

(447,964,440)

(421,560,525)

(65,960,995)

(66,198,885)

(196,132,897)

(202,310,973)

(65,462,466)

(67,823,710)

(178,447,852)

(176,151,210)

(28,227,271)

(29,380,562)

(65,134,608)

(66,057,252)

(2,654,732)

(2,362,864)

(5,800,089)

(5,743,181)

(46,910,331)

(35,896,847)

(112,605,568)

(89,043,369)

(883,460,407)

(519,839,528)

(2,182,098,745)

(1,464,659,216)

(23,418,404)

53,899,558

99,697,854

199,041,137

2,207,206

3,051,246

5,697,270

7,999,584

(3,209,842)

(3,177,159)

(8,550,656)

(10,030,243)

(1,002,636)

(125,913)

(2,853,386)

(2,030,659)

(24,421,040)

53,773,645

96,844,468

197,010,478

(851,219)

(16,908,021)

(16,043,342)

(44,637,474)

Profit of the time interval

(23,569,821)

36,865,624

80,801,126

152,373,004

2

CNTEE Transelectrica SA

Stand-aloneprofit and loss account for the nine months' period ending on 30 September 2021 (All amounts are expressed in LEI, unless otherwise provided)

Note

01 July -

01 July -

01 January -

01 January -

30 September 2021

30 September 2020

30 September 2021

30 September 2020

Profit of the time interval

(23,569,821)

36,865,624

80,801,126

152,373,004

Other comprehensive items

-

-

-

-

Comprehensive result

(23,569,821)

36,865,624

80,801,126

152,373,004

The submitted stand-alone interim simplified financial statements were signed by the Company's governing team on 05 November 2021.

DIRECTORATE,

Chairman

Member

Member

Member

Member

Bogdan TONCESCU

Adrian MORARU

Ionut-Bogdan GRECIA

Catalin-Constantin NADOLU

Marius-Viorel STANCIU

The attached notes 1-22 constitute integrant part of these stand-alone interim simplified financial statements.

3

CNTEE Transelectrica SA

Stand-alonestatement of changes into shareholders' equities on 30 September 2021 (All amounts are expressed in LEI, unless otherwise provided)

Balance on 1 January 2020 Comprehensive result of the period

Profit of the time interval

Other comprehensive result items, of which: Recognition of actuarial gains of the defined benefit plan

Surplus from revaluation of tangible assets Deferred tax liability ass. to revaluation reserve Transfer of revaluation reserves into retained etarnings

Total other comprehensive result items

Total comprehensive result ot the period Other items

Legal reserve indexation

Other items

Total other items

Contributions from and distributions to shareholders

Share capital

Share

Legal reserves

Revaluation

Other

Retained

premium

reserves

reserves

earnings

733,031,420

49,842,552

129,096,113

922,454,926

15,771,718

1,433,931,608

-

-

-

-

-

144,956,820

-

-

-

-

-

999,668

-

-

-

(1,069,585)

-

-

534,309

(534,309)

(80,221,592)

-

80,221,592

-

-

-

(80,756,868)

-

80,686,951

--

-

-

(80,756,868)

-

225,643,771

-

-

-

-

8,736,611

-

-

(8,736,611)

967

(971)

-

-

8,736,611

967

-

8,737,582

Total

3,284,128,337

144,956,820

999,668

(1,069,585)

-

-

(69,917)

144,886,903

-

(4)

(4)

Derecognition of assets such as public domain by registering HG 615, 682 and 683 / 2019 amending the inventory of public domain assets

Subsidies related to assets from the state public domain

Dividends distribution

Total contributions from and distributions to shareholders

Balance on 31 December 2020

Balance on 1 January 2021

Comprehensive result of the period

Profit of the time interval

Other comprehensive result items, of which

Recognition of actuarial profit / loss of the defined benefit plan

Transfer of revaluation reserves into retained etarnings

Total other comprehensive result items

Total comprehensive result of the interval

Other items

Legal reserve indexation

Other items

Total other items

Contributions from & distribution to shareholders

-

-

-

-

-

-

-

-

-

-

1,669,969

-

-

(35,185,508)

-

-

-

-

-

-

-

-

1,669,969

(35,185,508)

733,031,420

49,842,552

137,832,724

841,699,025

17,441,687

1,615,652,289

733,031,420

49,842,552

137,832,724

841,699,025

17,441,687

1,615,652,289

-

-

-

-

-

80,801,126

-

-

-

-

-

-

-

-

-

-

-

-

(54,487,728)

-

54,487,728

-

-

-

(54,487,728)

-

54,487,728

-

--

-

-

-

(54,487,728)

-

135,288,854

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,669,969

(35,185,508)

(33,515,539)

3,395,499,697

3,395,499,697

80,801,126

-

-

-

-

80,801,126

-

-

-

Derecognition of assets such as public domain

-

-

-

-

-

-

Subsidies related to assets from the state public

-

-

-

-

10,844,786

-

domain

-

-

-

Dividends distribution

-

-

-

-

-

(63,773,734)

Total contributions from and distributions to

-

-

-

-

10,844,786

(63,773,734)

shareholders

Balance on 30 September 2021

733,031,420

49,842,552

137,832,724

787,211,297

28,286,473

1,687,167.409

The attached notes 1-22 constitute integrant part of these stand-alone interim simplified financial statements.

4

-

10,844,786

-

(63,773,734)

(52,928,948)

3,423,371,875

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Disclaimer

TRANSELECTRICA - Compania Nationala de Transport al Energiei Electrice SA published this content on 12 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 08:56:06 UTC.