Cloudberry Clean Energy Annual report 2020

137 Cloudberry Annual report 2020 Financial statements Note 10 Cash, cash equivalents and corporate funding NOK 1 000 2020 2019 Free cash 500 668 5 113 KLP fund 50 570 - Restricted cash 1 244 110 Total cash 552 483 5 223 KLP fund is a short term placement and the purchase cost is NOK 50 467 thousand and the market value and balance value is NOK 50 570 thousand. The placement is made to receive interest and is cash equivalent. Funds standing on the tax deduction account (restricted funds) and deposit for rent are NOK 1 244 thousand. Note 11 Equity capital, share capital and shareholder information NOK 1 000 Share capital Share premium Total paid in capital Other Equity Retained earnings Total other equity Total equity capital Equity as at 01.01 2019: 750 - 750 - -1 312 -1 312 -562 Sharecapital increase 200 7 800 8 000 - - - 8 000 Profit for the period - - - - -2 609 -2 609 -2 609 Equity as at 31.12 2019 950 7 800 8 750 - -3 921 -3 921 4 829 Equity as at 01.01 2020: 950 7 800 8 750 - -3 921 -3 921 4 829 Sharecapital increase 25 316 1 053 875 1 079 191 - - - 1 079 191 Loss for the period - - - - -24 162 -24 162 -24 162 Share based payment - - - 1 251 - 1 251 1 251 Equity as at 31.12 2020 26 266 1 061 675 1 087 941 1 251 -28 083 -26 832 1 061 110 The table below show the share capital, share premium and number of shares as of 31 December 2020 and 31 December 2019. NOK 1 000 2020 2019 Share capital 26 266 950 Share premium 1 061 675 7 800 Share capital and premium at 31 December 1 087 941 8 750 Number of shares at 31 December 105 065 336 3 800 000 The shares are at par value NOK 0,25.