Allego N.V. Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Financial instruments

Financial instruments

12 Months Ended

Dec. 31, 2021

Text Block [Abstract]

Financial instruments

28. Financial instruments

This note provides information about the Group’s financial instruments, including:

•

an overview of all financial instruments held by the Group;

•

the classification of the financial instruments;

•

the line item on the consolidated statement of financial position in which the financial instrument is included;

•

the financial instrument’s book and fair value.

The Group holds the following financial instruments:

Financial assets


(in €‘000)	Notes		At amortized cost		Fair value through PL		Total book value		Total fair value
As at December 31, 2020
Non-current other financial assets		18		16,324		102		16,426		16,426
Trade and other receivables		19		24,366		—		24,366		24,366
Cash and cash equivalents		21		8,274		—		8,274		8,274
Total				48,964		102		49,066		49,066

As at December 31, 2021
Non-current other financial assets		18		18,887		695		19,582		19,582
Current other financial assets		18		—		30,400		30,400		30,400
Trade and other receivables		19		41,063		—		41,063		41,063
Cash and cash equivalents		21		24,652		—		24,652		24,652
Total				84,602		31,095		115,697		115,697

Due to the highly liquid nature of cash and cash equivalents and the pledged bank balance classified within

non-current

other financial assets, their carrying amount is considered to be the same as their fair value. Due to the short-term nature of trade and other receivables, their carrying amount is considered to be the same as their fair value.

Financial liabilities


(in €‘000)	Notes		At amortized cost		Total book value		Total fair value
As at December 31, 2020
Borrowings		24		159,610		159,610		257,075
Non-current lease liabilities		16		12,077		12,077		N/A
Current lease liabilities		16		1,826		1,826		N/A
Trade and other payables		26		12,627		12,627		12,627
Total				186,140		186,140		269,702

As at December 31, 2021
Borrowings		24		213,128		213,128		271,370
Non-current lease liabilities		16		26,097		26,097		N/A
Current lease liabilities		16		5,520		5,520		N/A
Trade and other payables		26		24,072		24,072		24,072
Total				268,817		268,817		295,442

Due to the short-term nature of the trade and other payables, their carrying amount is considered to be the same as their fair value.