14.5. Net working capital
Net working capital
The Group defines net working capital as: inventories and trade and other receivables decreased by trade and other liabilities.
| Inventories | Trade and other receivables | Trade and other liabilities | Net working capital | |
| 31/12/2020 | 12 279 | 9 640 | 14 023 | 7 896 |
| 31/12/2021 | 18 410 | 15 041 | 19 811 | 13 640 |
| Change in working capital in the statement of financial position | (6 131) | (5 401) | 5 788 | (5 744) |
| Adjustments | 362 | 1 611 | (671) | 1 302 |
|
Change in rights and advances for non-financial non-current assets |
– | 1 353 | – | 1 353 |
|
Change in investment liabilities |
– | – | (255) | (255) |
|
Acquisition of subsidiary |
23 | 79 | (71) | 31 |
|
Foreign exchange differences |
334 | 192 | (334) | 192 |
|
Other |
5 | (13) | (11) | (19) |
| Change in working capital in the statement of cash flows | (5 769) | (3 790) | 5 117 | (4 442) |
|
incl.impairment |
39 | (94) | – | (55) |
| Inventories | Trade and other receivables | Trade and other liabilities | Net working capital | |
| 31/12/2019 | 15 074 | 9 669 | 15 132 | 9 611 |
| 31/12/2020 | 12 279 | 9 640 | 14 023 | 7 896 |
| Change in working capital in the statement of financial position | 2 795 | 29 | (1 109) | 1 715 |
| Adjustments | 349 | 2 223 | (2 078) | 494 |
| Change in rights and advances for non-financial non-current assets | – | (88) | – | (88) |
| Change in investment liabilities | – | – | (665) | (665) |
| Acquisition of subsidiary, incl.: | 216 | 2 117 | (1 130) | 1 203 |
|
ENERGA Group |
161 | 2 057 | (985) | 1 233 |
| Foreign exchange differences | 133 | 160 | (281) | 12 |
| Other | – | 34 | (2) | 32 |
| Change in working capital in the statement of cash flows | 3 144 | 2 252 | (3 187) | 2 209 |
|
incl.impairment |
(586) | (73) | – | (659) |