Financial ReportConsolidated financial statementsConsolidated statement of financial position

Consolidated statement of financial position

As at 31 December

Assets, kEUR	Note	2024	2023

Non-current assets
Intangible assets	8	15,018	16,454
Property, plant and equipment	9	364,541	300,582
Right-of-use assets	10	24,448	23,523
Deferred income tax assets	5	17,620	16,690
Other financial assets	24	5,164	5,237
Contract costs	3	1,563	–
Total non-current assets		428,354	362,486

Current assets
Inventories	12	146,351	128,507
Trade receivables	13	82,499	76,674
Contract assets	3	3,761	2,103
Corporate income tax receivables		8,023	7,424
Other current assets	14	19,311	16,188
Cash and cash equivalents	15	68,277	95,706
Total current assets		328,222	326,602

Total assets		756,576	689,088

Consolidated statement of financial position (continued)

As at 31 December

Equity and liabilities, kEUR	Note	2024	2023

Equity attributable to equity holders of the parent company
Share capital	6	302	302
Share premium		203,129	203,129
Translation reserve		21,309	21,832
Treasury shares	6	-8,398	-10,394
Other capital reserves		425	1,217
Retained earnings		140,477	165,139
Total equity		357,244	381,225

Non-current liabilities
Deferred income tax liabilities	5	3,205	3,644
Pensions	16	32,133	25,111
Provisions	17	1,942	1,649
Interest-bearing loans and borrowings	19	39,420	49,087
Lease liabilities	10	18,982	18,869
Other financial liabilities	18	9,508	9,893
Contract liabilities	3	99,639	23,160
Total non-current liabilities		204,829	131,413

Current liabilities
Interest-bearing loans and borrowings	19	30,642	41,253
Lease liabilities	10	5,073	4,453
Other financial liabilities	18	1,266	1,227
Corporate income tax payable		356	227
Trade payables	20	73,256	60,906
Contract liabilities	3	60,475	42,969
Other current liabilities	20	23,435	25,415
Total current liabilities		194,503	176,450

Total liabilities		399,332	307,863

Total equity and liabilities		756,576	689,088