Cloudberry Clean Energy Annual report 2020

Cloudberry Annual report 2020 Financial statements 62 Consolidated financial statements Group Consolidated statement of profit or loss 64 Statement of comprehensive income 65 Consolidated statement of financial position 66 Consolidated statement of cash flows 68 Consolidated statement of changes in equity 69 Notes to the Consolidated financial statements Group 70 General 70 Note 1 General information 70 Note 2 General accounting policies and principles 70 Note 3 Key accounting estimates and judgements 78 Note 4 Operating segments 80 Note 5 Business combinations and other transactions 82 Note 6 Explanation of transition to IFRS 86 Key risks and financial instruments 89 Note 7 Market related risks 89 Note 8 Commercial and operational risks 90 Note 9 Financial risks 91 Note 10 Financial instruments 92 Note 11 Hedge accounting 94