Cloudberry Clean Energy Annual report 2020

85 Cloudberry Annual report 2020 Financial statements Book value net aquired assets in 2020 NOK 1 000 Cloudberry Production AS Cloudberry Develop AS Skogvind AS Total Property, plants and equipment 44 853 9 - 44 862 Other non-current assets - 26 304 - 26 304 Financial non-current assets - 5 - 5 Inventory - 35 140 133 35 273 Other current assets 1 607 35 417 2 047 39 071 Cash and cash equivalents 65 351 1 558 492 67 402 Acquired assets 111 811 98 433 2 673 212 917 Interest bearing debt, long term 27 738 37 167 - 64 905 Current liabilities 1 375 23 962 605 25 942 Deferred tax liability 974 - - 974 Other 885 1 - 885 Net asset value aquired assets 80 839 37 304 2 068 120 211 Total acquisition cost 83 521 132 807 5 435 221 763 Non cash consideration 83 521 132 807 5 435 221 763 Cash consideration - - - - Cash in acquired company 65 351 1 558 492 67 402 Net cash outflow at acquisition 65 351 1 558 492 67 402 Pro forma financial figures The acquired subsidiaries are consolidated in the Group accounts from the acquisition date. The table below show the profit and loss statement in the company accounts in 2020 which are not included in the Cloudberry consolidated accounts. NOK 1 000 Cloudberry Production AS Cloudberry Develop AS Skogvind AS Total Acquisition date 15.02.2020 15.02.2020 31.08.2020 Gross revenue from 1.1.2020 untill takeover 446 - 3 921 4 367 Salaries from 1.1.2020 untill takeover -56 - -491 -547 Other operating expenses from 1.1.2020 untill takeover -356 -760 -349 -1 465 Net finance from 1.1.2020 untill takeover -34 - - -34 Net income before acquisition not recognized in the Group accounts - -760 3 081 2 320