Report on Activities

CHPP NIKOPOL EAD
CHPP Nikopol EAD was established in 2008 with main scope of activities: research, design,
construction, installation, start-up and commissioning, repair services, engineering,
production and sale of electricity and heat from various energy sources. Its seat and
registered office is at: Sofia, Geo Milev Living District, 20 Kosta Lulchev Str.
CHPP Nikopol was established as a project company for developing Enemona’s activities in
the field of renewable energy sources. According to the conceptual technical characteristics,
the Central Heating Power Plant will have a total installed heating capacity of 50 MWth,
electrical capacity of 16MWel, generating a net annual electricity of 128МWh. The
technology allows 80% of the fuel to be waste agricultural biomass (straw) and an option for
the remaining 20% to be other biological waste.
FINANCIAL STANDING OF THE GROUP FOR THE PERIOD
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
AS OF JUNE 30, 2012
All amounts are in thousand Bulgarian Levs, except otherwise stated
As of
30.06.2012
NON-CURRENT ASSETS
As of
31.12.2011
Property, plant and equipment
51,824 51,049
Investment property 203 534
Intangible assets 685 731
Exploration and evaluation assets 1,617 1,579
Investments in associates 4 4
Loans and advances 30,938 33,710
Goodwill 2,113 2,113
Other non-current assets - 5
Deferred tax assets, net 2,626 2,626
TOTALNON-CURRENT ASSETS 90,010 92,351
CURRENT ASSETS
Inventories 6,652 4,674
Trade and other receivables
Gross amounts due from customers on construction
39,503 41,214
contracts
31,557
22,567
Financial assets held for trading 53,700 53,700
Loans and advances 19,584 21,156
Cash and cash equivalents 4,391 11,738
TOTAL CURRENT ASSETS 155,387 155,049
TOTAL ASSETS 245,397 247,400
This document is a translation of the original Bulgarian text, in case of divergence the Bulgarian text shall
prevail.
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