Grenergy Renovables S A : Interim Consolidated Statements 1H21

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GRENERGY RENOVABLES S.A.

AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

AT JUNE 30, 2021

Translation of interim condensed consolidated financial statements originally issued in Spanish and prepared in accordance with IAS 34 as adopted by the European Union (see Note 2.1). In the event of a discrepancy, the Spanish-language version prevails.

GRENERGY RENOVABLES, S.A. AND SUBSIDIARIES

INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AT JUNE 30, 2021

GRENERGY RENOVABLES, S.A. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION AT JUNE 30, 2021 AND DECEMBER 31,

2020

(Thousands of euros)

ASSETS	Explanatory notes	06.30.2021	12.31.2020
NON-CURRENT ASSETS
	265,219	169,498
Intangible assets	Note 5	9,240	9,142
Software		66	76
Patents, licenses, trademarks, et al.		9,174	9,066
Property, plant, and equipment	Note 4	233,309	144,768
Land and buildings		76	17
Plant and other PP&E		158,113	61,843
PP&E under construction and prepayments		75,120	82,908
Right-of-use assets		11,967	5,284
Financial investments	Note 12	799	87
Derivatives	704	-
Other financial assets		95	87
Deferred tax assets		9,904	10,217
CURRENT ASSETS
	158,935	88,700
Inventories	Note 6	33,967	18,168
Raw materials and other consumables		9,942	519
Plant in progress		637	16,533
Finished products		22,541	-
Prepayments to suppliers		847	1,116
Trade and other receivables	Note 7	62,536	42,756
Trade receivables	38,065	30,258
Other receivables		373	274
Receivable from employees		151	23
Current tax assets		1,096	-
Other receivables from public administrations		22,851	12,201
Financial investments		30,551	6,461
Other financial assets		30,551	6,461
Accruals		2,848	746
Cash and cash equivalents	Note 8	29,033	20,569
Cash		29,033	20,569
TOTAL ASSETS		424,154	258,198

The accompanying Notes 1 to 17 to the interim condensed consolidated financial statements and appendices are an integral part of the consolidated statement of financial position for the six-month period ended June 30, 2021 and the year ended December 31, 2020.

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