7.1.3 Items of income and expenses related to financial assets and liabilities
| 2021 | 2020 | ||||||||
| Item of statement of profit or loss and statement of comprehensive income | Item referenced in Note / additional explanations | Note | Loans, receivables and liabilities at amortised cost |
Derivative financial instruments not designated for hedge accounting |
Derivative financial instruments designated for cash flow hedge accounting |
Loans, receivables and liabilities at amortised cost |
Derivative financial instruments not designated for hedge accounting |
Derivative financial instruments designated for cash flow hedge accounting |
|
| Effect on statement of profit or loss | |||||||||
| Net finance costs | Interest on debt | Note 3.4. | (60) | – | – | 7 | – | – | |
| Foreign exchange differences | Note 3.4. | 7 | – | – | (6) | – | – | ||
| Measurement and exercise of derivative financial instruments not designated for hedge accounting | Note 3.4. | – | – | – | – | 12 | – | ||
| Other income and expenses |
Foreign exchange differences | Note 3.3. | 169 | – | – | 68 | – | – | |
| Impairment losses | Note 3.3. | (89) | – | – | (54) | – | – | ||
| Measurement and exercise of derivative financial instruments not designated for hedge accounting |
Note 3.3. | – | 410 | – | – | 202 | – | ||
| Revenue by product | Adjustment to gas sales due to hedging transactions | Note 3.1. | – | – | (697) | – | – | 1,062 | |
| Raw materials and consumables used |
Adjustment to gas cost due to hedging transactions | Note 3.2. | – | – | 1,590 | – | – | (296) | |
| 27 | 410 | 893 | 15 | 214 | 766 | ||||
| Effect on other comprehensive income | |||||||||
| Gains/(losses) on measurement of derivative instruments designated for cash flow hedge accounting (effective portion) |
(4,164) | (155) | |||||||
| Reclassification of derivative instruments measurement to profit or loss upon exercise (cash flow hedges) | 697 | (1,062) | |||||||
| (3,467) | (1,217) | ||||||||
| Effect on comprehensive income | 27 | 410 | (2,574) | 15 | 214 | (451) | |||
| Change in equity recognised in inventories, gross | (2,190) | 285 | |||||||
The effective hedge taken to equity over its lifetime is, once realised, reclassified to initial cost of gas inventory or is taken to profit or loss on gas sales.
The result reclassified to gas inventory has an effect on profit or loss when the gas inventory is released for sale
| Effect of hedging transactions on gas inventory | 2021 | 2020 |
| Effect of hedging transactions on gas inventory at beginning of period * | (12) | (1) |
| Reclassification from equity of changes in value of hedging instruments | (2,190) | 285 |
| Recognition as expense in current period due to release of gas inventory for sale** | 1,590 | (296) |
| Effect of hedging transactions on gas inventory at end of period* | (612) | (12) |
*Negative value means a decrease in the cost of gas inventory (decrease in the carrying amount), while positive value means an increase in the cost of gas inventory (increase in the carrying amount).
** Positive value means a decrease in the cost of gas in the statement of profit or loss (positive effect on profit or loss), while negative value means an increase in the cost of gas in the statement of profit or loss (negative effect on profit or loss)..
** Positive value means a decrease in the cost of gas in the statement of profit or loss (positive effect on profit or loss), while negative value means an increase in the cost of gas in the statement of profit or loss (negative effect on profit or loss)..