Cloudberry Clean Energy Annual report 2020

Cloudberry Annual report 2020 Financial statements 136 Note 8 Property, plant and equipment NOK 1 000 Equipment Total Accumulated cost 1.1.2019 21 21 Additions during the year - Accumulated cost at 31.12.2019 21 21 Accumulated depreciations and impairment losses at 1.1.2019 3 3 Depreciations for the year 7 7 Accumulated depreciations and impairment losses at 31.12.2019 10 10 Carrying amount at 31.12.2019 11 11 NOK 1 000 Equipment Total Accumulated cost 1.1.2020 21 21 Additions during the year 25 25 Accumulated cost at 31.12.2020 46 46 Accumulated depreciations and impairment losses at 1.1.2020 10 10 Depreciations for the year 12 12 Accumulated depreciations and impairment losses at 31.12.2020 23 23 Carrying amount at 31.12.2020 24 24 Note 9 Subsidiaries and investment in associated companies Name of Entity Place of business Owner share Share of votes Purchase cost Equity Profit Cloudberry Production AS Subsiduary Oslo, Norway 100 % 100 % 83 521 81 061 650 Cloudberry Develop AS Subsiduary Oslo, Norway 100 % 100 % 200 063 121 239 3 664 Forte Energy Norway AS Associated company Bærum, Norway 34 % 34 % 237 551 283 997 2 195 521 135 486 296 6 509