Allego N.V. Post-effective amendment to a registration statement that is not immediately effective upon filing

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

Financial instruments

Financial instruments

6 Months Ended

12 Months Ended

Jun. 30, 2022

Dec. 31, 2021

Text Block [Abstract]

Financial instruments

18.	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		Fair value through OCI		Total book value		Total fair value
As at December 31, 2021
Non-current other financial assets		12		18,887		695		—		19,582		19,582
Current other financial assets		12		—		30,400		—		30,400		30,400
Trade and other receivables				41,063		—		—		41,063		41,063
Cash and cash equivalents				24,652		—		—		24,652		24,652
Total				84,602		31,095		—		115,697		115,697
As at June 30, 2022
Non-current other financial assets		12		61,861		2,754		41,984		64,615		64,615
Current other financial assets		12		—		—		—		—		—
Trade and other receivables				28,386		—		—		28,386		28,386
Cash and cash equivalents				29,775		—		—		29,775		29,775
Total				120,022		2,754		41,984		122,776		122,776

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		Fair value through PL		Total book value		Total fair value
As at December 31, 2021
Borrowings		14		213,128		—		213,128		271,370
Non-current lease liabilities				26,097		—		26,097		N/A
Current lease liabilities				5,520		—		5,520		N/A
Trade and other payables				24,072		—		24,072		24,072
Total				268,817		—		268,817		295,442
As at June 30, 2022
Borrowings		14		137,960		—		137,960		98,709
Non-current lease liabilities				30,402		—		30,402		N/A
Current lease liabilities				6,224		—		6,224		N/A
Trade and other payables				41,280		—		41,280		41,280
Warrant Liabilities		15		—		6,713		6,713		6,713
Other financial liabilities		16		39,456		—		39,456		39,456
Total				255,322		6,713		262,035		186,158

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

28. Financial instruments