Investor Presentaiton
En+
GROUP
FINANCIAL STATEMENTS
(b)
Trade and other receivables and advances paid
Trade receivables from third parties
Trade receivables from related parties, including
Related parties - companies capable of exerting significant influence
Related parties - other
Related parties associates and joint ventures
VAT recoverable
Advances paid to third parties
Advances paid to related parties, including
Related parties - companies capable of exerting significant influence
Related parties - associates and joint ventures
Other receivables from third parties
Other taxes receivable
Income tax receivable
Dividends receivable from related parties
Related parties-associates and joint ventures
Other current assets
Impairment of receivables
EN+ GROUP IPJSC
Notes to the Consolidated Financial Statements
for the year ended 31 December 2021
En+ Group Annual Report 2021
EN+ GROUP IPJSC
Notes to the Consolidated Financial Statements
for the year ended 31 December 2021
31 December
2021
USD million
2020
USD million
949
126
419
137
109
T་ྲ S ཎྜ ༄ ཌ ཝ
109
171
610
63
Trade receivables are on average due within 60 days from the date of billing. The receivables that are neither
past due nor impaired (i.e. current) relate to a wide range of customers for whom there was no recent history
of default.
The Group has concluded that there is no material impact of COVID-19 related matters described in note 1(e)
on the expected credit losses assessment as at 31 December 2021.
Further details of the Group's credit policy are set out in note 20(e).
105
50
2
2
(c)
Trade and other payables and advances received
19
11
364
120
67
Accounts payable to third parties
1
66
Accounts payable to related parties, including
Related parties - companies capable of exerting significant influence
19
224
30
18
21
827
827
9
8
2,784
1,507
(129)
(76)
Income tax payable
Other taxes payable
All of the trade and other payables are expected to be settled or recognised as income within one year or are
repayable on demand.
2,655
1,431
(d)
Cash and cash equivalents
Related parties associates and joint ventures
Advances received from third parties
Other payables and accrued liabilities
31 December
2021
USD million
2020
USD million
896
687
103
52
6
3
97
49
1,163
903
267
224
62
28
315
262
2,806
2,156
31 December
(i) Ageing analysis
Included in trade and other receivables are trade receivables (net of allowance for doubtful debts) with the
following ageing analysis as of the statement of financial position dates:
2021
USD million
2020
USD million
Bank balances, USD
549
1,027
Bank balances, RUB
402
METALS
Bank balances, EUR
85
701
109
Bank balances, other currencies
75
33
31 December
Short-term bank deposits
1,213
679
2021
2020
Other cash equivalents
4
USD million
USD million
Cash and cash equivalents in the consolidated statement
Current
Past due 1-30 days
Past due 31-60 days
Past due 61-90 days
Past due over 90 days
Amounts past due
833
372
of cash flows
16
77
Restricted cash
2,328
2
2,549
13
2
1
1
Cash and cash equivalents in the consolidated statement
of financial position
2,330
2,562
11
11
28
91
As at 31 December 2021 and 31 December 2020 included in cash and cash equivalents was restricted cash
of USD 2 million and USD 13 million, respectively.
861
463
(e)
Other non-current assets
186
POWER
Current
Past due 1-30 days
Past due 31-60 days
Past due 61-90 days
Past due 91-180 days
Past due over 180 days
Amounts past due
31 December
2021
2020
USD million
USD million
160
146
11
14
6
6
4
6
7
6
3
1
31
33
191
179
Long-term deposits
Prepayment for subsidiary acquisition
Other non-current assets
31 December
2021
31 December
2020
USD million
USD million
139
73
111
46
22
258
133
In September 2020 the Group obtained control of PGLZ LLC by acquiring 99.9% of its shares. The Group
has determined that together the acquired inputs and processes significantly contribute to the ability to create
revenue and has concluded that the acquired set is a business. Total consideration paid amounted to
USD 71 million and was paid in cash as at 1 January 2020. Fair value of acquired assets and liabilities
amounted to USD 24 million from which USD 21 million related to property, plant and equipment.
STRATEGIC REPORT
CORPORATE GOVERNANCE
FINANCIAL STATEMENTS
Appendices
187View entire presentation