Changes in owned CO2 emission rights for 2019
| Quantity (in ths. tonnes) |
Value | |
|---|---|---|
| 01/01/2019 | 20,992 | 668 |
| Received free of charge | 7,606 | 684 |
| Emission settlement for 2018 | (14,354) | (772) |
| Purchase/(Sale),Others | 2,147 | 207 |
| Foreign exchange differences | – | (1) |
| Other | 41 | 1 |
| 16,432 | 787 | |
| Emission in 2019 | 15,823 | 939 |
The market value of owned EUA rights exceeds their total carrying amount, therefore the Group does not identify impairment indicators.
As at 31 December 2019 the market value of one EUA amounted to PLN 104.25 (representing EUR 24.48 at exchange rate as at 31 December 2019) (source: www.theice.com).
Change in owned rights to colorful energy for 2019
| Quantity (in ths. tonnes) |
Value | |
|---|---|---|
| 01/01/2019 | 474 | 24 |
| Received free of charge | 741 | 59 |
| Emission settlement for 2018 | (797) | (51) |
| Purchase/(Sale),Others | (72) | (7) |
| 346 | 25 | |
| Emission in 2019 | 225 | 22 |
As at 31 December 2019 book value of 3 million of EUA rights and 160 thousands MWh colour energies was blocked within hedging deposits in the Warsaw Commodity Clearing House (WCCH) and amounted to PLN 148 million.
Additionally, as at 31 December 2019 and as at 31 December 2018 the Group recognised CO2 emission rights in the amount PLN 18 million and PLN 25 million, respectively and rights to colour energy in the amount PLN 30 million and PLN 61 million, respectively in trade and other receivables (note 12.5.2).