European Energy Financial Overview

European Energy's balance sheet == EUROPEAN ENERGY EUR'000 FY 2015 FY 2016 FY 2017 FY 2018 Q1 20191 EUR'000 FY 2015 FY 2016 FY 2017 FY 2018 Q1 20191 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Share capital 1,340 1,340 40,311 40,316 40,316 Property, plant and equipment 45,509 51,320 50,340 85,947 45,502 Retained earnings and reserves 41,113 56,334 35,002 55,772 69,641 Lease assets 1,010 Equity attributable to owners of Joint Venture investments 8,805 6,943 9,977 11,938 13,345 42,453 57,674 75,313 96,088 109,957 the Company Associated companies investments 10,195 11,265 12,507 I 8,643 8,324 Non-controlling interests 14,354 6,326 15,687 I 11,597 Other investments 3,622 3,629 4,960 6,764 6,733 Total Equity 56,807 64,000 91,000 107,685 16,591 126,548 Liabilities Loans to related parties 25,581 21,098 17,951 33,179 32,990 Bond loan 52,040 44,700 58,924 83,670 83,809 Trade receivables and contract 9,047 5,547 5,153 4,131 3,870 assets Project financing 55,780 55,500 53,310 157,666 81,937 Other receivables 7,634 8,141 8,656 3,101 2,545 Other debt 4,275 1,402 597 898 931 Lease liabilities 1,716 Deferred tax 5,608 3,931 2,826 1,584 457 Provisions 556 798 3,066 3,072 Prepayments 9,937 3,923 Deferred tax 1,681 2,618 2,201 2,986 2,011 Total non-current assets 116,001 111,874 112,370 165,224 118,699 Total non-current liabilities 113,776 104,776 115,830 248,286 173,476 Bond loan 7,600 7,600 Current assets Project financing 15,007 15,726 38,363 56,111 50,522 Inventories 75,679 72,201 101,797 202,193 152,684 Lease liabilities 457 Trade receivables and contract assets 6,394 11,550 9,534 9,317 13,242 Trade payables 17,957 11,512 16,062 9,987 8,109 Payables to related parties 408 835 4,848 481 974 Other receivables 7,372 5,938 15,430 10,734 3,340 Corporation tax 1,866 920 760 1,194 1,830 Prepayments for goods and services 1,810 1,896 453 Free cash and cash equivalents 12,901 10,243 42,087 1,027 50,718 2,275 Provisions 3,040 1,975 1,264 1,985 1,986 65,472 Contract liabilities 2,575 5,960 1,634 Restricted cash and cash Other payables 11,750 11,191 12,037 15,392 13,365 3,029 4,833 6,093 7,868 2,629 equivalents Assets held for sale Liabilities held for sale 28,370 48,930 Total current liabilities 52,603 49,759 80,934 91,110 107,247 Total current assets TOTAL ASSETS 107,185 106,661 223,186 218,535 175,394 281,857 287,764 I 447,081 288,572 Total liabilities 166,379 154,535 196,764 339,396 280,723 407,271 TOTAL EQUITY AND LIABILITIES 223,186 218,535 287,764 | 447,081 407,271 1) Q1 2019 numbers are not audited | 36

View entire presentation