Falck Renewables S p A: Half-year financial report as of June 30, 2021

0

Contents

1. Corporate officers ………………………………………. ……… ………………………………….. ……………………. ……………………. ………………….

4

2. Presentation of the group ……………………………………… …. ………………………………………. ……………….. ………………………… ………………..

5

2.1 Group structure ………………………………………. …………….. …………………………… …………………………… …………….. …………………………

5

3. Consolidated financial highlights …………………………………….. ….. ……………………………………… ………………… ……………………

9

4. Interim report of the directors …………………………………….. …… …………………………………….. …………………. ………………………. ………

ten

4.1. Operational and financial review of the Falck Renewables group …………………………………… …. ………………………….

11

4.1.1 Profile of the Falck Renewables group …………………………………… …. ………………………………………. ……………….. ………..

11

4.1.2 Regulatory framework ……………………………………… ………. …………………………………. …………………….. …………………… .

12

4.1.3 Performance ………………………………………. …. ………………………………………. ……………….. ………………………… ……….

28

4.1.4 Non-financial performance indicators ………………………………….. ……… ………………………………….. ……………………. ….

37

4.1.5 Evolution of the share price …………………………………. ……… ………………………………….. ……………………. ……………………

37

4.1.6 Performance of business sectors ………………………………….. ……… ………………………………….. ……………………. …….

38

4.1.7 Activity report for the first half of 2021 ……………………………….. ………. …………………………………. ……….

47

4.1.8 Environment, health, safety and sustainability …………………………………. ………. …………………………………. …….

49

4.1.9 Research and development activities …………………………………… ……. ……………………………………. ………………….. …..

52

4.1.10 Risks and uncertainties …………………………………….. ….. ……………………………………… ………………… ……………………

52

4.1.11 Significant events subsequent to the closing date ………………………………… ….. ……………………………………… ………..

69

4.1.12 Evolution of the activity during the current year ……………………………. ………….. …………………

69

4.2 Operational and financial review of Falck Renewables SpA ……………………………. ……. ……………………

70

4.2.1 Financial highlights …………………………………….. … ……………………………………….. ………………. ………………………….

70

4.2.2 Performance and business review …………………………………… ….. ……………………………………… ………………… …….

70

4.2.3 Employees ………………………………………. …………….. …………………………… …………………………… …………….. …………………………

71

4.2.4 Capital expenditure ……………………………………. …… …………………………………….. …………………. ………………………. …

71

4.2.5 Corporate governance ……………………………………. …… …………………………………….. …………………. ……………………..

71

4.2.6 Directors, auditors, main managers and their interests ……………………………… ………… …………………

72

4.2.7 Related party transactions …………………………………….. … ……………………………………….. ………………. …………………

72

4.2.8 Management and coordination activities ………………………………….. ……… ………………………………….. ……………………. …..

72

4.2.9 Holding of own shares or shares of the parent company ……………………………. …….. …………………………….

73

4.2.10 Purchases and sales of own shares or shares of the parent company during the financial year

year …………………………………………. ………………………………………….. ……………. ……………………………. ………………………….. ………

73

4.2.11 Stock option and share allocation plans ………………………… … ……………………………………….. ………………. ……..

73

4.2.12 Corporate governance ……………………………………. …… …………………………………….. …………………. ……………………

74

4.2.13 Participation in the opt-out regime ………………………………… ………. …………………………………. …………………….. ………

74

4.2.14 Legislative Decree 231/2001 …………………………………… ……. ……………………………………. ………………….. ………………

74

5. Condensed half-year consolidated financial statements at June 30, 2021 …………………………………. .. …………………

75

5.1 Consolidated balance sheet ……………………………………….. …………….. …………………………… …………………………… …………….. …….

76

5.3 Consolidated statement of comprehensive income …………………………………….. …… ………………………………….

78

5.4 Consolidated statement of cash flows ……………………………………. ……. ……………………………………. ………………….. ……….

79


Source link

Share.

Leave A Reply