Post-effective amendment to a registration statement that is not immediately effective upon filing

Other income/(expenses)

v3.22.2.2
Other income/(expenses)
 6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Text Block [Abstract]    
Other income/(expenses)
7.
Other income
 
    
For the six months ended June 30,
  
(in €‘000)
   
2022
     
2021
  
Government grants
      —          267  
Income from sale of HBE certificates
      4,873        1,954  
Net gain/(loss) on disposal of property, plant and equipment
      —          1  
Sublease rental income
      104        100  
Fair value gains/(losses) on derivatives (purchase options)
      3,856        230  
Other items
      154        —    
Total
   
 
8,987
 
   
 
2,552
 
6.
Other income/(expenses)
(in €‘000)
  
2021
 
  
2020
 
  
2019
 
Government grants
      2,037        2,302        2,495  
Income from sale of HBE certificates
      5,403        2,396        1,174  
Net gain/(loss) on disposal of property, plant and equipment
      (210 )       7        (194 ) 
Sublease rental income
      200        —          —    
Fair value gains/(losses) on derivatives (purchase options)
      2,900        —          —    
Other items
      523        724        —    
Total
   
 
10,853
 
   
 
5,429
 
   
 
3,475
 
Government grants
Government grants that relate to an expense item, are recognized as income on a systematic basis over the periods that the related costs, which the grants are intended to compensate, are expensed.
Income from sale of HBE certificates
The Group sells HBE certificates to companies that are required to compensate their use of
non-green
energy through a brokerage. These certificates are issued by the government and therefore IAS 20
Accounting for government grants and disclosure of government assistance
is applicable.
For the year ended December 31, 2021, income from the sale of HBE certificates includes a fair value gain on initial recognition of €5,483 thousand (2020: €2,136 thousand, 2019: €1,119 thousand) and a loss on the subsequent sale of €80 thousand (2020: gain of €260 thousand, 2019: gain of €55 thousand).
Fair value gains/(losses) on derivatives (purchase options)
Refer to Note 18 for details on the Group’s purchase options.
Sublease rental income
Refer to Note 16.2 for details on the Group’s subleases.