In EUR

Note

31. 12. 2020

31. 12. 2019

ASSETS

Non-current assets

Intangible assets

1

5,890,010

5,774,610

Property, plant and equipment

2

340,926,491

346,659,775

Investment property

3

33,160,030

35,185,013

Investments in associates

4

2,694,918

2,558,615

Other financial assets

5

78,283

175,819

Financial receivables

6

475,082

489,399

Operating receivables

7

509,613

624,079

Other assets

8

506,648

609,262

Deferred tax assets

40

9,158,595

9,671,334

393,399,670

401,747,906

Current assets

Assets held for sale

9

1,168,520

2,896,592

Assets from contracts with customers

10

11,302,080

7,929,079

Inventories

11

2,250,271

2,045,359

Financial receivables

12

9,603,406

1,010,000

Operating receivables

13

75,250,781

73,918,328

Receivables for corporate income tax

14

215,699

243,492

Advances and other assets

15

1,370,300

5,476,274

Cash and cash equivalents

16

77,550,619

50,603,445

178,711,676

144,122,569

Total assets

572,111,346

545,870,475

In EUR

Note

31. 12. 2020

31. 12. 2019

EQUITY AND LIABILITIES

Equity

17

Share capital

121,472,482

121,472,482

Share premium account

80,392,585

80,392,585

Legal reserves

2,044,145

1,887,630

Fair value reserves

-4,301,382

-2,667,722

Foreign currency translation differences

-824,988

-264,000

Retained earnings

95,627,457

86,826,955

Non-controlling interest

31,062,856

41,991,532

325,473,155

329,639,462

Non-current liabilities

Provisions

18

23,754,235

21,896,575

Deferred revenues

19

318,161

320,009

Financial liabilities

20

116,887,035

45,746,768

Operating liabilities

21

1,162,068

1,228,713

Deferred tax liabilities

40

12,592,104

12,771,958

154,713,603

81,964,023

Current liabilities

Financial liabilities

22

17,348,079

66,754,989

Operating liabilities

23

58,431,433

56,309,437

Corporate income tax liabilities

24

854,002

408,480

Liabilities from contracts with customers

25

737,732

638,820

Deferred revenues

26

228,496

349,271

Other liabilities

27

14,324,846

9,805,993

91,924,588

134,266,990

Total liabilities

246,638,191

216,231,013

Total equity and liabilities

572,111,346

545,870,475

In EUR

Note

2020

2019

Operating revenues

Sales revenue

29

410,694,634

277,857,007

Gains and losses from the derecognition of operating receivables

-17,752

-81,375

Other revenues

30

16,040,452

5,509,699

426,717,334

283,285,331

Operating expenses

Historical cost of goods sold

31

1,570,084

2,742,304

Costs of materials and energy

31

17,916,842

14,056,457

Costs of services

32

165,040,353

76,674,192

Labour costs

33

199,717,426

161,710,361

Amortisation/depreciation

34

26,579,308

19,650,127

Impairment losses on receivables (including the reversal of impairment losses or gains)

242,253

-45,055

Other costs

35

7,726,086

3,305,963

418,792,352

278,094,349

OPERATING PROFIT OR LOSS

7,924,982

5,190,982

Bargain purchase gain

36

-

59,951,321

Finance income from participation in the profit of subsidiaries, associates and joint ventures

37

682,782

544,605

Finance income

38

756,569

792,346

Finance costs

39

2,640,124

1,050,300

PROFIT OR LOSS FROM FINANCING ACTIVITIES

-1,200,773

60,237,972

PRE-TAX PROFIT OR LOSS

6,724,209

65,428,954

Current tax

40

1,131,158

192,668

Deferred tax

40

417,997

-30,777

NET PROFIT OR LOSS FOR THE FINANCIAL YEAR

5,175,054

65,267,063

Net profit or loss for the financial year attributable to:

- owner of the controlling company

4,516,421

65,532,990

- non-controlling interests

658,633

-265,927

In EUR

Note

2020

2019

Net profit or loss for the financial year

5,175,054

65,267,063

Items that will not be reclassified subsequently to profit or loss

41

Actuarial gains/losses from long-term employee benefits

-1,448,842

-1,502,986

Deferred taxes in connection with items that will not be reclassified subsequently to profit or loss

29,910

127,562

Changes in fair value of land

-79,164

-

Transfer of actuarial losses to retained earnings

-68,288

-

Corporate income tax on retained earnings

-85,457

-

-1,651,841

-1,375,424

Items that will be reclassified subsequently to profit or loss

41

Loss recognised for the revaluation of financial assets at fair value through other comprehensive income

-7,223

14,440

Other changes in fair value

-

-219

Foreign currency translation differences

-592,575

-264,000

-599,798

-249,779

Total comprehensive income for the financial year

2,923,415

63,641,860

Comprehensive income after taxes attributable to owner of the controlling company

2,310,949

63,907,787

Comprehensive income after taxes attributable to the non-controlling interest

612,466

-265,927

In EUR

Note

2020

2019

Cash flows from operating activities

Net profit for the accounting period

5,175,055

65,267,063

Adjustments for:

-amortisation and depreciation (+)

34

26,579,308

19,650,126

-impairments and write-offs, and reversal of impairment of property, plant and equipment and intangible assets (+)

2,940,345

493,940

-gains (-)/ losses (+) from the sale of property, plant and equipment

-1,316,438

-169,441

-loss from the impairment and write-offs of receivables (+)

362,542

-124,526

-revenues (-) / expenses (+) from provisions

999,471

2,182,334

-finance income from interest (-)

-119,948

-46,485

-other finance income (-)

-790,950

-59,844,319

- finance costs – costs of financing (+)

1,625,971

746,787

-other finance costs (+)

736,424

990

-corporate income tax (including deferred taxes)

1,448,859

-98,025

Cash flow from operating activities before changes in net working capital and taxes

37,640,639

28,058,444

Changes in net working capital and provisions

Changes in assets from contract

-3,373,417

3,360,120

Changes in receivables

2,493,581

-5,607,045

Changes in inventories

-204,522

-96,864

Changes in other current assets

194,174

-117,440

Changes in liabilities from contract

36,231

99,367

Changes in operating liabilities

2,004,384

1,930,217

Changes in provisions

3,897,403

-2,443,661

Change in deferred income

-6,976

238,373

Corporate income tax (including deferred taxes)

-789,751

-147,950

Net cash flow from operating activities

41,891,746

25,273,561

Cash flows from investing activities

Cash and cash equivalents obtained via business combination

-

7,482,000

Inflows from interest received

170,866

-

Inflows from received dividends and shares in profit

552,647

-

Inflows from the sale of intangible assets

-

3,100

Inflows from the sale of property, plant and equipment

4,302,510

812,683

Inflows from the sale of investment property

21,870

-

Inflows from loans granted

6. 12

1,017,770

-

Inflows from the disposal of financial assets

94,661

-

Outflows for the acquisition of intangible assets

-1,640,465

-895,242

Outflows for the acquisition of property, plant and equipment

-20,404,252

-22,653,462

Outflows for the acquisition of investment property

-6,901

-54,993

Outflows for loans granted

6. 12

-9,603,406

-

Outflows for the acquisition of financial assets

-7,351,172

-28,841,266

Net cash flow from investing activities

-32,845,872

-44,147,180

Cash flows from financing activities

Inflows from paid-up capital

-

-342,186

Inflows from the increase in financial liabilities

20

86,423,552

29,324,317

Outflows for the repayment of financial liabilities

22

-62,908,776

-3,383,669

Outflows for interest owed to banks

-856,114

-330,589

Outflows for the repayment of lease liabilities

22

-4,537,427

-2,978,466

Outflows for the payment of interest on leases

-182,919

-203,359

Outflows for the payment of shares in profit

-10,471

-4,000,000

Net cash flow from financing activities

17,927,845

18,086,048

Opening balance of cash and cash equivalents

16

50,603,445

51,391,016

Exchange rate differences relating to cash

-26,545

-

Net cash flow for the period

26,973,719

-787,571

Closing balance of cash and cash equivalents

16

77,550,619

50,603,445