REC Silicon Annual Report 2019

REC Silicon Annual Report 2019 35 INDEXOFTHENOTESTOTHECONSOLIDATEDFINANCIALSTATEMENTS REC SILICON GROUP NOTE PAGE 1 General information 36 2 Summary of significant accounting policies 36 3 Financial risk management 41 4 Critical accounting judgments and key sources of estimation uncertainty 43 5 Segment information 44 6 Fixed assets 47 7 Leases 49 8 Impairments of cash-generating units 50 9 Investments 53 10 Related party transactions 54 11 Derivative financial instruments 55 12 Receivables 55 13 Inventories 56 14 Cash and cash equivalents and restricted bank accounts 56 15 Shareholder information 57 16 Management and board of directors’ compensation, loans, shares, bonds 58 17 Borrowings 60 18 Income tax expense and deferred tax assets and liabilities 63 19 Retirement benefit obligations and expenses 66 20 Trade payables, provisions and other liabilities 68 21 Government grants 69 22 Other operating expenses 69 23 Other income and expenses 70 24 Employee benefits 70 25 Financial income and expenses 71 26 Earnings per share 72 27 Dividends per share 72 28 Research and development 72 29 Commitments, guarantees, pledges 73 30 Other information financial instruments 74 31 Claims, disputes, contingent liabilities and contingent assets 77 32 Share-based compensation 78 33 Events after the reporting period 79