Meyer Burger Investor Presentation slide image

Meyer Burger Investor Presentation

Consolidated balance sheet amounts in CHF m 31.12.2021 31.12.2020 Movement Assets Cash and cash equivalents 231.4 139.7 91.7 Trade receivables and net receivables from construction contracts 16.3 19.4 -3.2 Other current receivables and prepaid expenses 45.8 39.5 6.3 Inventory 41.2 24.3 16.9 Total current assets 334.7 223.0 111.7 Financial assets and investment in associates 27.5 29.2 -1.7 Property, plant and equipment Intangible assets and goodwill Deferred tax assets Total non-current assets 124.3 38.1 86.2 6.1 6.4 -0.4 0.2 0.2 158.1 73.8 0.0 84.2 492.7 296.8 195.9 Total assets Liabilities and equity Liabilities Financial liabilities 0.0 0.1 -0.1 Trade payables and net payables from construction contracts 24.1 11.1 13.0 Customer prepayments 3.8 4.6 -0.7 Other liabilities, accrued expenses and provisions 18.2 18.5 -0.3 Total current liabilities 46.1 34.3 11.8 Financial liabilities 181.2 181.2 Other liabilities and provisions 1.7 1.5 0.3 Deferred tax liabilities Total liabilities Equity 2.3 1.3 1.0 Total non-current liabilities 185.2 2.7 182.4 231.3 37.0 194.3 Total equity Total liabilities and equity MEYER BURGER 261.4 259.8 1.7 492.7 296.8 195.9 Cash and cash equivalents Main effects on cash include financing measures taken (capital increase of CHF 80 million, green bond of EUR 145 million, credit facility of up to EUR 125 million), operational results and investments made into made into cell and module production Trade working capital Decrease in accounts receivable mainly driven by reduced business volume under the old business model. Increase in inventory and trade payables in line with planned ramp-up of the two new facilities in Thalheim, Germany and Freiberg, Germany Property, plant and equipment Investments of CHF 95 million, net of subsidies, were made in 2021 in the new facilities Financial assets Financial assets now include the investment in Oxford PV after elimination from the scope of consolidation Financial liabilities Financial liabilities increased with the new financing measures Meyer Burger Technology AG, Presentation for Investors, Analysts and Media, March 24, 2022 27
View entire presentation