Notes And Other Explanatory Information [Abstract]

Litgrid AB - Filing #5827278

Concept 2024-01-01 to
2024-12-31
Notes and other explanatory information [abstract]
Disclosure of accounting judgements and estimates [text block]
3.Accounting estimates and assumptions
Disclosure of allowance for credit losses [text block]
11.Other trade amounts receivable
Disclosure of auditors' remuneration [text block]
37.Services provided by the audit firm
Disclosure of authorisation of financial statements [text block]
Disclosure of basis of preparation of financial statements [text block]
2.1Basis of preparation
Disclosure of borrowing costs [text block]
There was no interest capitalised during the year ended December 2023.
Disclosure of borrowings [text block]
19.Borrowings
Disclosure of cash and cash equivalents [text block]
14.Cash and cash equivalents
Disclosure of cash flow statement [text block]
34.Additional information on cash flows
Disclosure of commitments [text block]
As at 31 December 2024, the Company’s commitments for the acquisition of property, plant and equipment to be fulfilled in the upcoming periods amounted to EUR 170,733 thousand (31 December 2023: EUR 335,761 thousand).
Disclosure of credit risk [text block]
Credit risk
Disclosure of depreciation and amortisation expense [text block]
Disclosure of dividends [text block]
17.Dividends
Disclosure of earnings per share [text block]
33.Basic and diluted earnings per share
Disclosure of employee benefits [text block]
22.Provisions
Disclosure of entity's operating segments [text block]
4.Segment information
Disclosure of events after reporting period [text block]
39.Events after the reporting period
Disclosure of fair value measurement [text block]
Revaluation of property, plant and equipment
Disclosure of fair value of financial instruments [text block]
36.Fair value of financial assets and financial liabilities
Disclosure of financial instruments [text block]
Financial instruments by category (as per the statement of financial position):
Disclosure of financial risk management [text block]
35.Financial risk factors
Disclosure of general information about financial statements [text block]
1.General information
Disclosure of government grants [text block]
18.Grants
Disclosure of income tax [text block]
23.Current and deferred income tax
Disclosure of information about employees [text block]
As at 31 December 2024, the Company had 458 (31 December 2023: 418) employees.
Disclosure of information about key management personnel [text block]
Disclosure of intangible assets [text block]
5.Intangible assets
Disclosure of inventories [text block]
9.Inventories
Disclosure of issued capital [text block]
As at 31 December 2024, the Company’s authorised share capital amounted to EUR 146,256,100.20 and it was divided into 504,331,380 ordinary registered shares with the nominal value of EUR 0.29 each. All shares are fully paid. Company’s shareholders:
Disclosure of joint ventures [text block]
The number of shares held by the Company in the joint venture were as follows:
Disclosure of leases [text block]
7.Right-of-use assets
Disclosure of liquidity risk [text block]
Liquidity risk
Disclosure of loans and advances to customers [text block]
12.Loans granted
Disclosure of market risk [text block]
Market risk
Disclosure of material accounting policy information [text block]
M
Disclosure of objectives, policies and processes for managing capital [text block]
Capital management
Disclosure of other current liabilities [text block]
26.Other amounts payable
Disclosure of other liabilities [text block]
21.Congestion management funds
Disclosure of other operating expense [text block]
29.Expenses of purchases of electricity and related services
Disclosure of other operating income [text block]
28.Other income
Disclosure of other provisions, contingent liabilities and contingent assets [text block]
38.Litigations and contingent liabilities
Disclosure of prepayments and other assets [text block]
Prepayments for property, plant, equipment (PPE):
Disclosure of property, plant and equipment [text block]
6.Property, plant, and equipment
Disclosure of related party [text block]
32.Related-party transactions
Disclosure of reserves within equity [text block]
16.Legal reserve, revaluation reserve and other reserves
Disclosure of revenue [text block]
27.Revenue from electricity transmission and related services
Disclosure of share capital, reserves and other equity interest [text block]
Share premium represents a difference between the nominal value of shares and consideration received for shares, they were formed in 2010 and amount to EUR 8,579 thousand.
Disclosure of tax receivables and payables [text block]
Disclosure of trade and other payables [text block]
24.Trade payables
Disclosure of trade and other receivables [text block]
10.Trade receivables

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