Siemens Gamesa Renewable Energy S A : Second semester - CNMV report

Dirección General de Mercados Edison 4, 28006 Madrid, España ([phone], www.cnmv.es

SIEMENS GAMESA RENEWABLE ENERGY, S.A 2nd HALF-YEAR OF 2019/ 2020

ANNEX I

GENERAL

	2nd	HALF-YEARLY FINANCIAL REPORT FOR FINANCIAL YEAR
		2019/2020
REPORTING DATE
	09/30/2020
			I. IDENTIFICATION DATA
Registered Company Name: SIEMENS GAMESA RENEWABLE ENERGY, S.A.
Registered Address: Parque Tecnológico de Bizkaia, edificio 222, 48170, Zamudio (Bizkaia, Spain)	Tax Identification
							Number
							A-01011253

II. SUPPLEMENTARY INFORMATION TO PREVIOUSLY RELEASED PERIODIC INFORMATION

Dirección General de Mercados Edison 4, 28006 Madrid, España ([phone], www.cnmv.es

SIEMENS GAMESA RENEWABLE ENERGY, S.A 2nd HALF-YEAR OF 2019/ 2020

IV. SELECTED FINANCIAL INFORMATION

1. INDIVIDUAL BALANCE SHEET (PREPARED USING PREVAILING NATIONAL ACCOUNTING STANDARDS) (1/2)

Units: Thousand euros		CURRENT P.	COMPARATIVE P.
	ASSETS		09/30/2020	09/30/2019
A) NON-CURRENT ASSETS	0040	8,376,710	9,947,693
1.	Intangible assets:	0030	85	163
	a) Goodwill	0031
	b) Other intangible assets	0032	85	163
2.	Property, plant and equipment	0033	1,166	1,253
3.	Investment property	0034
4.	Long-term investments in group companies and associates	0035	8,323,567	9,944,835
5.	Long-term financial investments	0036	50,522	522
6.	Deferred tax assets	0037	1,370	920
7.	Other non-current assets	0038
B) CURRENT ASSETS	0085	2,528,221	1,283,091
1.	Non-current assets held for sale	0050
2.	Inventories	0055
3.	Trade and other receivables:	0060	95,976	61,334
	a) Trade receivables	0061	79,455	52,040
	b) Other receivables	0062	11,396	9,294
	c) Current tax assets	0063	5,125
4.	Short-term investments in group companies and associates	0064	1,958,974	495,460
5.	Short-term financial investments	0070		1,497
6.	Prepayments for current assets	0071	2,131	2,305
7.	Cash and cash equivalents	0072	471,140	722,495
TOTAL ASSETS (A + B)	0100	10,904,931	11,230,784

Comments:

Dirección General de Mercados Edison 4, 28006 Madrid, España ([phone], www.cnmv.es

SIEMENS GAMESA RENEWABLE ENERGY, S.A 2nd HALF-YEAR OF 2019/ 2020

IV. SELECTED FINANCIAL INFORMATION

1. INDIVIDUAL BALANCE SHEET (PREPARED USING PREVAILING NATIONAL ACCOUNTING STANDARDS) (2/2)

Units: Thousand euros
	EQUITY AND LIABILITIES		CURRENT P.			COMPARATIVE P.
		09/30/2020			09/30/2019
A) EQUITY (A.1 + A.2 + A.3)	0195	7,016,969		8,211,399
A.1) CAPITAL AND RESERVES	0180	7,016,969		8,211,399
1.	Capital:	0171	115,794		115,794
	a) Registered capital	0161	115,794		115,794
	b) Less: Uncalled capital	0162
2.	Share premium	0172	8,613,935		8,613,935
3.	Reserves	0173	1,261,888		1,117,974
4.	Less: Own shares and equity holdings	0174	(23,929)		(21,616)
5.	Prior periods' profit and loss	0178	(1,783,270)		(1,783,270)
6.	Other shareholder contributions	0179
7.	Profit (loss) for the period	0175	(1,167,449)		168,582
8.	Less: Interim dividend	0176
9.	Other equity instruments	0177
A.2) VALUATION ADJUSTMENTS	0188
1.	Available-for-sale financial assets	0181
2.	Hedging transactions	0182
3.	Other	0183
A.3) GRANTS, DONATIONS AND BEQUESTS RECEIVED	0194
B) NON-CURRENT LIABILITIES	0120	731,760		494,127
1.	Long-term provisions	0115
2.	Long-term debts:	0116	731,760		494,127
	a) Debt with financial institutions and bonds and other marketable securities	0131	731,520		494,127
	b) Other financial liabilities	0132	240
3.	Long-term payables to group companies and associates	0117
4.	Deferred tax liabilities	0118
5.	Other non-current liabilities	0135
6.	Long-term accrual accounts	0119
C) CURRENT LIABILITIES	0130	3,156,202		2,525,258
1.	Liabilities associated with non-current assets held for sale	0121
2.	Short-term provisions	0122	170		170
3.	Short-term debts:	0123	3,138		979
	a) Bank borrowings and bonds and other negotiable securities	0133	312
	b) Other financial liabilities	0134	2,826		979
4.	Short-term payables to group companies and associates	0129	3,071,097		2,449,284
5.	Trade and other payables:	0124	81,797		74,825
	a) Suppliers	0125	35,826		33,481
	b) Other payables	0126	45,971		29,798
	c) Current tax liabilities	0127			11,546
6.	Other current liabilities	0136
7.	Current accrual accounts	0128
TOTAL EQUITY AND LIABILITIES (A + B + C)	0200	10,904,931		11,230,784

Comments:

Dirección General de Mercados Edison 4, 28006 Madrid, España ([phone], www.cnmv.es

SIEMENS GAMESA RENEWABLE ENERGY, S.A 2nd HALF-YEAR OF 2019/ 2020

IV. SELECTED FINANCIAL INFORMATION

2. INDIVIDUAL PROFIT AND LOSS ACCOUNT

(PREPARED USING PREVAILING NATIONAL ACCOUNTING STANDARDS)

Units: Thousand euros
								PRESENT CURR.		PREVIOUS CURR.			CURRENT			COMPARATIVE
								PERIOD		PERIOD			CUMULATIVE			CUMULATIVE
								(2nd HALF YEAR)		(2nd HALF YEAR)		09/30/2020		09/30/2019
	(+)		Revenue	0205		78,003			139,996			371,476		318,765
	(+/-			Change in inventories of finished products and	0206
	)			work in progress
	(+)		Own work capitalised	0207
	(-)		Supplies	0208
	(+)		Other operating revenue	0209		49,704			18,848			61,621		34,849
	(-)		Personnel expenses	0217		(28,982)			(19,564)			(55,374)		(36,886)
	(-)		Other operating expenses	0210		(63,863)			(43,109)			(107,343)		(79,765)
	(-)		Depreciation and amortisation charge	0211		(200)			(242)			(429)		(500)
	(+)		Allocation of grants for non-financial assets and	0212
		other grants
	(+)		Reversal of provisions	0213
	(+/-		Impairment and gain (loss) on disposal of assets	0214
	)			(1,415,692)			(54,723)			(1,445,072)		(54,723)
	(+/-		Other profit (loss)	0215
	)
	=			OPERATING PROFIT (LOSS)		0245		(1,381,030)			41,206			(1,175,121)		181,740
	(+)		Finance income	0250		7						38
	(-)		Finance costs	0251		1,695			(7,646)			(8,935)		(14,134)
	(+/-		Changes in fair value of financial instruments	0252
	)
	(+/-		Exchange differences	0254
	)			(3,530)			2,011			422		1,501
	(+/-		Impairment and gain (loss) on disposal of	0255
	)		financial instruments
	=			NET FINANCE INCOME (COSTS)		0256		(1,828)			(5,635)			(8,475)		(12,633)
	=			PROFIT (LOSS) BEFORE TAX		0265		(1,382,858)			35,571			(1,183,596)		169,107
	(+/-		Income tax expense	0270
	)			26,443			5,016			16,147		(525)
	=			PROFIT (LOSS) FOR THE PERIOD FROM		0280
			CONTINUING ACTIVITIES			(1,356,415)			40,587			(1,167,449)		168,582
	(+/-			Profit (loss) from discontinued operations, net of		0285
	)			tax
	=			PROFIT (LOSS) FOR THE PERIOD		0300		(1,356,415)			40,587			(1,167,449)		168,582
			EARNINGS PER SHARE			Amount			Amount			Amount			Amount
					(X.XX euros)			(X.XX euros)			(X.XX euros)			(X.XX euros)
		Basic	0290		(2.00)		0.06			(1.72)		0.25
		Diluted	0295		(2.00)		0.06			(1.72)		0.25

Comments: