Change in the balance of capital commitments (VAT-adjusted)
Change in the balance of advance payments
Costs of overhaul and internal manufacturing
(4 035 132)
(3 741 566)
Cash transfer as part of wind farm acquisition (net of cash acquired)
The transfer of cash related to the wind farms acquisition (after the deduction of the acquired cash balance) in the amount of PLN 543 079 thousand is related to the acquisition of five wind farms from the in.ventus group, along with the debt owed by their operators to Hamburg Commercial Bank AG, as described in detail in Note 2.1 hereto. The cash transferred by the Group in this transaction amounted to PLN 579 661 thousand, and cash balance acquired as part of net assets amounted to PLN 36 582 thousand.
Payments to grant loans result from the loan disbursed by the Company to Elektrociepłownia Stalowa Wola S.A., a jointly-controlled entity, in the total amount of PLN 23 225 thousand.