In EUR

Note

31. 12. 2020

31. 12. 2019

ASSETS

Non-current assets

Intangible assets

1

1,341,566

570,527

Property, plant and equipment

2

174,894,305

177,289,301

Investment property

3

7,459,240

8,337,887

Investments in subsidiaries

4

50,875,151

44,162,778

Investments in associates

5

111,009

111,009

Other financial assets

6

48,935

53,819

Financial receivables

7

422,111

421,441

Operating receivables

8

264,212

369,941

Other assets

9

477,093

426,144

Deferred tax assets

39

2,487,134

2,329,860

238,380,756

234,072,707

Current assets

Assets held for sale

10

754,679

195,592

Assets from contracts with customers

11

10,785,400

7,396,079

Inventories

12

1,616,990

1,393,750

Financial receivables

13

7,300,000

-

Operating receivables

14

42,263,933

39,438,066

Advances and other assets

15

943,676

5,093,216

Cash and cash equivalents

16

61,084,770

38,879,623

124,749,448

92,396,326

Total assets

363,130,204

326,469,033

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

79,326,851

79,326,851

Legal reserves

1,689,398

1,532,883

Fair value reserves

-3,177,478

-2,325,347

Retained earnings

19,366,230

16,521,707

218,677,483

216,528,576

Non-current liabilities

Provisions

18

18,773,865

17,290,110

Deferred revenues

19

147,991

158,204

Financial liabilities

20

61,767,226

42,703,837

Operating liabilities

21

877,504

935,293

81,566,586

61,087,444

Current liabilities

Financial liabilities

22

12,633,822

7,583,141

Operating liabilities

23

35,991,639

31,441,372

Corporate income tax liabilities

24

30,061

-

Liabilities from contracts with customers

25

171,512

89,048

Deferred revenues

26

193,716

313,271

Other liabilities

27

13,865,385

9,426,181

62,886,135

48,853,013

Total liabilities

144,452,721

109,940,457

Total equity and liabilities

363,130,204

326,469,033

In EUR

Note

31. 12. 2020

31. 12. 2019

Operating revenues

Sales revenue

29

240,603,293

236,015,959

Other revenues

30

9,488,586

1,667,512

250,091,879

237,683,471

Operating expenses

Historical cost of goods sold

31

467,273

490,148

Costs of materials and energy

31

11,779,101

10,841,299

Costs of services

32

60,196,307

61,412,374

Labour costs

33

154,243,814

142,552,943

Amortisation/depreciation

34

17,934,995

16,366,513

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

35

-53,300

269,670

Other costs

35

5,393,250

1,955,785

249,961,440

233,888,732

OPERATING PROFIT OR LOSS

130,439

3,794,739

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

36

3,941,225

641,802

Finance income

37

817,935

512,334

Finance costs

38

1,783,993

718,774

PROFIT OR LOSS FROM FINANCING ACTIVITIES

2,975,167

435,362

PRE-TAX PROFIT OR LOSS

3,105,606

4,230,101

Current tax

39

30,061

-

Deferred tax

39

-54,766

73,078

NET PROFIT OR LOSS FOR THE FINANCIAL YEAR

3,130,311

4,157,023

In EUR

Note

31. 12. 2020

31. 12. 2019

Net profit or loss for the financial year

3,130,311

4,157,023

Items that will not be reclassified subsequently to profit or loss

40

Actuarial gains/losses from long-term employee benefits

-1,079,028

-1,342,757

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

102,508

127,562

-976,520

-1,215,195

Items that will be reclassified subsequently to profit or loss

40

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

-4,884

4,440

-4,884

4,440

Total comprehensive income for the financial year

2,148,907

2,946,268

In EUR

Note

31. 12. 2020

31. 12. 2019

Cash flows from operating activities

Net profit or loss for the accounting period

3,130,311

4,157,023

Adjustments for:

- amortisation and depreciation (+)

34

17,934,995

16,366,513

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

2,826,791

34,680

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

-771,975

-160,819

- losses due to the impairment of receivables (+)

43,835

271,552

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

999,471

2,630,540

- finance income from interest (-)

-21,806

-22,414

- other finance income (-)

-3,941,225

-648,935

- finance costs – costs of financing (+)

751,686

503,066

- other finance costs (+)

638,799

1,609

- corporate income tax (including deferred taxes)

-24,705

-54,484

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

21,566,177

23,078,331

Changes in net working capital and provisions

Changes in assets from contract

-3,389,321

3,088,120

Changes in receivables

1,307,747

-3,171,150

Changes in inventories

-223,240

-104,644

Changes in other current assets

132,351

-219,290

Changes in liabilities from contract

82,463

55,733

Changes in operating liabilities

4,555,143

207,375

Changes in provisions

3,946,964

-2,645,224

Change in deferred income

-128,491

236,155

Corporate income tax (including deferred taxes)

-127,214

-

Net cash flow from operating activities

27,722,579

20,525,406

Cash flows from investing activities

Inflows from interest received

21,297

23,698

Inflows from received dividends and shares in profit

3,941,225

645,502

Inflows from the sale of property, plant and equipment

1,389,197

676,024

Inflows from the sale of investment property

21,870

-

Inflows from the disposal of financial assets

-

100,000

Outflows for the acquisition of intangible assets

-1,344,852

-619,460

Outflows for the acquisition of property, plant and equipment

-16,639,247

-20,736,987

Outflows for the acquisition of investment property

-6,901

-34,993

Outflows for loans granted

13

-7,300,000

-

Outflows for the acquisition of financial assets

4

-7,351,172

-28,841,266

Net cash flow from investing activities

-27,268,583

-48,787,482

Cash flows from financing activities

Inflows from the increase in financial liabilities

20

30,774,979

29,223,786

Outflows for the repayment of financial liabilities

22

-5,614,975

-2,142,857

Outflows for interest owed to banks

-435,297

-104,845

Outflows for the repayment of lease liabilities

22

-2,806,224

-2,482,662

Outflows for the payment of interest on leases

-167,333

-172,197

Outflows for the payment of shares in profit

-

-4,000,000

Net cash flow from financing activities

21,751,150

20,321,225

Opening balance of cash and cash equivalents

16

38,879,623

46,820,474

Net cash flow for the period

22,205,147

-7,940,851

Closing balance of cash and cash equivalents

16

61,084,770

38,879,623

In EUR

Share capital

Share premium account

Legal reserves

Fair value reserves

Net profit or loss brought forward

Net profit or loss for the financial year

Total

Balance as at 31 December 2019

121,472,482

79,326,851

1,532,883

-2,325,347

12,572,535

3,949,172

216,528,576

Opening balance for reporting period

121,472,482

79,326,851

1,532,883

-2,325,347

12,572,535

3,949,172

216,528,576

Total comprehensive income for the reporting period

Entry of net profit or loss for the reporting period

-

-

-

-

-

3,130,311

3,130,311

Changes in fair value reserves due to the valuation of financial assets

-

-

-

-4,884

-

-

-4,884

Other items of comprehensive income in the reporting period

-

-

-

-847,247

-129,273

-

-976,520

-

-

-

-852,131

-129,273

3,130,311

2,148,907

Changes in equity

Allocation of remaining portion of net profit for the comparable reporting period to other components of equity

-

-

-

-

3,949,172

-3,949,172

-

Allocation of a portion of net profit from the reporting period to other components of equity pursuant to resolution of management and supervisory bodies

-

-

156,515

-

-

-156,515

-

-

-

156,515

-

3,949,172

-4,105,687

-

Balance as at 31 December 2020

121,472,482

79,326,851

1,689,398

-3,177,478

16,392,434

2,973,796

218,677,483

In EUR

Share capital

Share premium account

Legal reserves

Fair value reserves

Net profit or loss brought forward

Net profit or loss for the financial year

Total

Balance as at 31 December 2018

121,472,482

79,326,851

1,325,032

-1,174,490

7,142,036

9,490,397

217,582,308

Opening balance for reporting period

121,472,482

79,326,851

1,325,032

-1,174,490

7,142,036

9,490,397

217,582,308

Changes in equity – transactions with owners

Payment of shares in profit

-

-

-

-

-4,000,000

-

-4,000,000

-

-

-

-

-4,000,000

-

-4,000,000

Total comprehensive income for the reporting period

Entry of net profit or loss for the reporting period

-

-

-

-

-

4,157,023

4,157,023

Changes in fair value reserves due to the valuation of financial assets

-

-

-

4,440

-

-

4,440

Other items of comprehensive income in the reporting period

-

-

-

-1,155,297

-59,898

-

-1,215,195

-

-

-

-1,150,857

-59,898

4,157,023

2,946,268

Changes in equity

Allocation of remaining portion of net profit for the comparable reporting period to other components of equity

-

-

-

-

9,490,397

-9,490,397

-

Allocation of a portion of net profit from the reporting period to other components of equity pursuant to resolution of management and supervisory bodies

-

-

207,851

-

-

-207,851

-

-

-

207,851

-

9,490,397

-9,698,248

-

Balance as at 31 December 2019

121,472,482

79,326,851

1,532,883

-2,325,347

12,572,535

3,949,172

216,528,576