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Half-Year Report 2021
Half-Year Report 2021
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Half-Year Report 2021
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Table of contents for the Half-Year Report 2021 report

Half-Year Report 2021
Group results
Precious Woods HoldingPrecious Woods GabonPrecious Woods AmazonPrecious Woods TradingCarbon & EnergyOutlook
Interim condensed consolidated financial statements
Consolidated statement of profit or lossConsolidated statement of comprehensive incomeConsolidated statement of financial positionConsolidated statement of changes in equityCondensed consolidated statement of cash flowsNotes to the interim condensed consolidated financial statements
1. Basis of presentation, consolidation and accounting policies2. New or revised IFRS standards, amendments and interpretations3. Seasonality4. Financial information by segment5. Increase of investment in MIL Energia Renovável Ltda.6. Subsequent events
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Carbon & Energy

Emission trading (CER) and energy from own power plant

As in the previous year, CER certificates in the amount of EUR 0.1 million were sold in the first half-year.

For the first time, sales revenue also resulted from energy production in June. After the complete takeover of the shares in what is now MIL Energia Renovável Ltda., sales of EUR 0.3 million were realized. The energy production enables the company to cover its own needs but also to supply the nearby town. Because the sawmill was not in operation in June, biomass from the forest had to be processed resulting in additional costs. Accordingly, this led to a negative operating result (EBITDA) of EUR –0.1 million in June.