Fusion Fuel Green : Condensed consolidated statements of financial position (Unaudited) - Form 6-K
January 04, 2022 at 03:19 am IST
Share
Condensed consolidated statements of financial position (Unaudited)
As at
Note
June 30, 2021
December 31, 2020
€'000
€'000
Non-current assets
Property, plant and equipment
6,045
6
Intangible assets
2,584
2,203
Total non- current assets
8,629
2,209
Current assets
Trade and other receivables
10,499
2,206
Inventory
972
-
Cash and cash equivalents
50,201
58,007
Total current assets
61,672
60,213
Current liabilities
Trade and other payables
781
1,777
Derivative financial instruments - warrants
35,171
52,932
Accruals
1,055
349
Total current liabilities
37,007
55,058
Total assets less current liabilities
33,294
7,364
Equity
Share capital
2
1
Share premium
208,482
194,053
Share based payments reserve
11,230
1,438
Retained earnings
(186,420
)
(188,128
)
Total equity
33,294
7,364
Condensed consolidated statements of profit or loss and other comprehensive income (Unaudited)
Note
For the
six months
ended
June 30, 2021
For the
six months
ended
June 30, 2020
€'000
€'000
Operating expenses
Administration expenses
(2,968
)
(220
)
Share based payments expense
(9,792
)
-
Operating loss
(12,760
)
(220
)
Finance income
Net derivative financial instrument expense - warrants
8,387
-
Other finance income
1,076
-
Net finance income
9,463
-
Loss before tax
(3,297
)
(220
)
Income tax expense
-
-
Loss for the period
(3,297
)
-
Total comprehensive loss for the period
(3,297
)
(220
)
Basic and diluted (loss) per share
(0.26
)
(0.10
)
The above interim statements of financial position and statements of profit or loss and other comprehensive income ("the financial information") have been prepared in accordance with International Financial Reporting Standards and the Company's accounting policies but do not constitute an interim financial report as defined in IAS 34 (Interim Financial Reporting). The financial information has been prepared solely for the purpose of meeting the requirement of NASDAQ Listing Rule 5250(c)(2).
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Fusion Fuel Green plc published this content on 03 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 January 2022 21:48:08 UTC.
Fusion Fuel Green PLC is engaged in green hydrogen solutions, contributing to a sustainable and affordable clean energy and helping to accelerate the energy transition. The Company has developed a modular solar to hydrogen solution, combining solar concentration technology with a micro-electrolyzer, that allows it to produce zero-emissions green hydrogen. The Companyâs business lines include the sale of electrolyzer technology to customers interested in building their own green hydrogen production, the development of turnkey hydrogen plants to be owned and operated by the Company, and the sale of green hydrogen as a commodity to end-users through long-term hydrogen purchase agreements. The Companyâs projects include H2EVORA, GreenGas, HEVO-SUL, HEVO-SUL, SINES GH2 Solar, Exolum and HEVO Ammonia Morocco. GreenGas project consists of 40 HEVO-Solar generators, which produce approximately 45 tons of green hydrogen per year.
FUSION FUEL GREEN PLC 
