Investor Presentaiton slide image

Investor Presentaiton

En+ GROUP FINANCIAL STATEMENTS EN+ GROUP IPJSC Consolidated Statement of Financial Position as at 31 December 2021 En+ Group Annual Report 2021 EN+ GROUP IPJSC Consolidated Statement of Cash Flows for the year ended 31 December 2021 STRATEGIC REPORT CORPORATE GOVERNANCE 31 December 2021 Note USD million 2020 USD million Note Assets Non-current assets Total assets Equity and liabilities Equity Share capital Share premium Treasury shares Property, plant and equipment 11 10,117 9,577 Goodwill and intangible assets 12 2,199 2,181 Interests in associates and joint ventures 13 4,028 3,832 Deferred tax assets 10(b) 150 244 Investments in equity securities measured at fair value through profit and loss 15(f) 316 75 Derivative financial assets 19 22 20 Other non-current assets 15(e) 258 133 Total non-current assets 17,090 16,062 Current assets Inventories 14 3,731 2,339 Trade and other receivables and advances paid 15(b) 2,655 1,431 Short-term investments 131 237 Derivative financial assets 19 120 30 Cash and cash equivalents 15(d) 2,330 2,562 Total current assets 8,967 6,599 26,057 22,661 Operating activities Profit for the year Adjustments for: Depreciation and amortisation Impairment of non-current assets Net foreign exchange loss/(gain) Loss on disposal of property, plant and equipment Share of profits of associates and joint ventures Gain on partial disposal of investment in associate Interest expense Interest income Year ended 31 December 2021 USD million 2020 USD million 3,534 1,016 822 781 267 58 Dividend income 8833∞∞∞ 33 (98) 6 5 12 13 (1,802) (971) 13 (492) 709 788 (65) (61) (22) (1) Income tax expense 10 604 109 Write-down of inventories to net realisable value 24 3 Impairment of trade and other receivables Provision for legal claims 6 65 10 10 10 Change in fair value of derivative financial instruments Revaluation of investments measured at fair value through profit and loss 8 352 226 47 Other finance costs 8 2 Operating profit before changes in working capital 4,091 1,884 16 (Increase)/decrease in inventories (1,373) 212 1,516 (1,579) 1,516 (Increase)/decrease in trade and other receivables and advances paid (455) 166 (1,579) Additional paid-in capital 9,193 9,193 Increase/(decrease) in trade and other payables and advances received 434 (146) Revaluation reserve 2,945 2,902 Other reserves 153 169 Foreign currency translation reserve (5,561) Accumulated losses (892) (5,923) (3,122) Cash flows from operations before income tax Income taxes paid 2,697 2,116 10(f) (529) (226) Cash flows from operating activities 2,168 1,890 Total equity attributable to shareholders of the Parent Company 5,775 3,156 Non-controlling interests 16(g) 4,536 2,909 Total equity 10,311 6,065 Non-current liabilities Loans and borrowings 17 8,174 10,215 Deferred tax liabilities 10(b) 1,064 1,139 Provisions non-current portion 18 485 518 Derivative financial liabilities 19 61 28 Other non-current liabilities 113 121 Total non-current liabilities 9,897 12,021 Current liabilities Loans and borrowings 17 7 2,737 2,173 Provisions current portion 18 161 89 Trade and other payables and advances received 15(c) 2,806 2,156 Derivative financial liabilities 19 145 157 Total current liabilities 5,849 4,575 Total equity and liabilities 26,057 22,661 146 The consolidated statement of financial position is to be read in conjunction with the notes to, and forming part of, the consolidated financial statements set out on pages 150 to 215. The consolidated statement of cash flows is to be read in conjunction with the notes to, and forming part of, the consolidated financial statements set out on pages 150 to 215. FINANCIAL STATEMENTS Appendices 147
View entire presentation