{
"documentInfo": {
"documentType": "https://xbrl.org/2021/xbrl-json",
"features": {
"xbrl:canonicalValues": true
},
"namespaces": {
"CAM": "http://campine.com/2022-12-31",
"ifrs-full": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
"iso4217": "http://www.xbrl.org/2003/iso4217",
"scheme": "http://standards.iso.org/iso/17442",
"xbrl": "https://xbrl.org/2021",
"xbrli": "http://www.xbrl.org/2003/instance"
},
"taxonomy": [
"http://campine.com/2022-12-31/549300D3GNWVMWZD7E21-2022-12-31.xsd"
]
},
"facts": {
"f8625": {
"value": "317430000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RevenueFromContractsWithCustomers",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8628": {
"value": "226317000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RevenueFromContractsWithCustomers",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8634": {
"value": "3343000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8637": {
"value": "1407000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8643": {
"value": "6478000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainRecognisedInBargainPurchaseTransaction",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8647": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainRecognisedInBargainPurchaseTransaction",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8653": {
"value": "262257000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RawMaterialsAndConsumablesUsed",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8656": {
"value": "174510000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RawMaterialsAndConsumablesUsed",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8663": {
"value": "18080000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8667": {
"value": "15416000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8676": {
"value": "5761000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8679": {
"value": "4335000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8685": {
"value": "-330000",
"decimals": -3,
"dimensions": {
"concept": "CAM:ChangeInProvisionsForRemediation",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8688": {
"value": "-50000",
"decimals": -3,
"dimensions": {
"concept": "CAM:ChangeInProvisionsForRemediation",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8694": {
"value": "20526000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherExpenseByNature",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8698": {
"value": "14316000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherExpenseByNature",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8703": {
"value": "20297000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8707": {
"value": "19097000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8714": {
"value": "2000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InvestmentIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8717": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InvestmentIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8724": {
"value": "-612000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:HedgingGainsLossesForHedgeOfGroupOfItemsWithOffsettingRiskPositions",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8728": {
"value": "-786000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:HedgingGainsLossesForHedgeOfGroupOfItemsWithOffsettingRiskPositions",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8732": {
"value": "-44000",
"decimals": -3,
"dimensions": {
"concept": "CAM:HedgingGainsLossesForHedgeOfGroupOfItemsWithOffsettingRiskPositionsClosedHedges",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8736": {
"value": "-628000",
"decimals": -3,
"dimensions": {
"concept": "CAM:HedgingGainsLossesForHedgeOfGroupOfItemsWithOffsettingRiskPositionsClosedHedges",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8740": {
"value": "-568000",
"decimals": -3,
"dimensions": {
"concept": "CAM:HedgingGainsLossesForHedgeOfGroupOfItemsWithOffsettingRiskPositionsChangeInOpenPosition",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8744": {
"value": "-158000",
"decimals": -3,
"dimensions": {
"concept": "CAM:HedgingGainsLossesForHedgeOfGroupOfItemsWithOffsettingRiskPositionsChangeInOpenPosition",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8749": {
"value": "747000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceCosts",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8752": {
"value": "346000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceCosts",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8756": {
"value": "-1357000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceIncomeCost",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8760": {
"value": "-1132000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceIncomeCost",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8767": {
"value": "18940000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8771": {
"value": "17965000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8778": {
"value": "3135000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8781": {
"value": "4454000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8789": {
"value": "15805000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8793": {
"value": "13511000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8800": {
"value": "15805000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8803": {
"value": "13511000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8811": {
"value": "1500000",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:NumberOfSharesIssued",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "xbrli:shares"
}
},
"f8814": {
"value": "1500000",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:NumberOfSharesIssued",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "xbrli:shares"
}
},
"f8821": {
"value": "10.54",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR/xbrli:shares"
}
},
"f8822": {
"value": "10.54",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR/xbrli:shares"
}
},
"f8825": {
"value": "9.01",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR/xbrli:shares"
}
},
"f8826": {
"value": "9.01",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR/xbrli:shares"
}
},
"f8839": {
"value": "15805000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8843": {
"value": "13511000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8859": {
"value": "62000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8862": {
"value": "16000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8870": {
"value": "15867000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8874": {
"value": "13527000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8882": {
"value": "15867000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8885": {
"value": "13527000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8972": {
"value": "32974000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8976": {
"value": "22770000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8984": {
"value": "392000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8987": {
"value": "373000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8994": {
"value": "568000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f8997": {
"value": "103000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9005": {
"value": "166000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9008": {
"value": "104000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9011": {
"value": "34100000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9015": {
"value": "23350000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9024": {
"value": "52036000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Inventories",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9027": {
"value": "45403000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Inventories",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9036": {
"value": "35619000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTradeReceivables",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9040": {
"value": "21754000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTradeReceivables",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9048": {
"value": "2873000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentReceivables",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9051": {
"value": "1915000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentReceivables",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9056": {
"value": "57000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentRestrictedCashAndCashEquivalents",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9061": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentRestrictedCashAndCashEquivalents",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9067": {
"value": "2908000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9071": {
"value": "153000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9074": {
"value": "93493000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9078": {
"value": "69225000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9085": {
"value": "127593000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9089": {
"value": "92575000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9100": {
"value": "4000000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9103": {
"value": "4000000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9109": {
"value": "400000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:StatutoryReserve",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9112": {
"value": "400000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:StatutoryReserve",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9117": {
"value": "55150000",
"decimals": -3,
"dimensions": {
"concept": "CAM:RetainedEarningsAndMiscellaneousOtherReserves",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9121": {
"value": "43573000",
"decimals": -3,
"dimensions": {
"concept": "CAM:RetainedEarningsAndMiscellaneousOtherReserves",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9129": {
"value": "59550000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9133": {
"value": "47973000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9139": {
"value": "59550000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9143": {
"value": "47973000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9152": {
"value": "1496000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9155": {
"value": "1192000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9163": {
"value": "741000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9166": {
"value": "219000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9173": {
"value": "6235000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherLongtermProvisions",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9176": {
"value": "1185000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherLongtermProvisions",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9183": {
"value": "5250000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentPortionOfNoncurrentLoansReceived",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9186": {
"value": "1500000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentPortionOfNoncurrentLoansReceived",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9193": {
"value": "184000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9196": {
"value": "206000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9199": {
"value": "13906000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9203": {
"value": "4302000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9212": {
"value": "14000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentRecognisedLiabilitiesDefinedBenefitPlan",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9216": {
"value": "31000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentRecognisedLiabilitiesDefinedBenefitPlan",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9225": {
"value": "23143000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9229": {
"value": "24251000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9237": {
"value": "5091000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentPayables",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9240": {
"value": "4090000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentPayables",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9247": {
"value": "1249000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentGovernmentGrants",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9250": {
"value": "656000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentGovernmentGrants",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9259": {
"value": "655000",
"decimals": -3,
"dimensions": {
"concept": "CAM:CurrentProvisionsForProductionWaste",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9263": {
"value": "471000",
"decimals": -3,
"dimensions": {
"concept": "CAM:CurrentProvisionsForProductionWaste",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9271": {
"value": "632000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentDerivativeFinancialLiabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9274": {
"value": "65000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentDerivativeFinancialLiabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9279": {
"value": "1200000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9283": {
"value": "121000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9290": {
"value": "208000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9294": {
"value": "167000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9301": {
"value": "3000000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLoansReceivedAndCurrentPortionOfNoncurrentLoansReceived",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9304": {
"value": "2625000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLoansReceivedAndCurrentPortionOfNoncurrentLoansReceived",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9313": {
"value": "7994000",
"decimals": -3,
"dimensions": {
"concept": "CAM:CurrentBankOverdrafts",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9316": {
"value": "177000",
"decimals": -3,
"dimensions": {
"concept": "CAM:CurrentBankOverdrafts",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9324": {
"value": "10951000",
"decimals": -3,
"dimensions": {
"concept": "CAM:CurrentAdvancesFromFactoring",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9328": {
"value": "7646000",
"decimals": -3,
"dimensions": {
"concept": "CAM:CurrentAdvancesFromFactoring",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9331": {
"value": "54137000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9334": {
"value": "40300000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9340": {
"value": "68043000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9344": {
"value": "44602000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9352": {
"value": "127593000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9356": {
"value": "92575000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9391": {
"value": "4000000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f9394": {
"value": "965000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f9397": {
"value": "30546000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "CAM:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:EUR"
}
},
"f9400": {
"value": "35511000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9405": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "CAM:IncreaseDecreaseThroughReclassification",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f9408": {
"value": "-565000",
"decimals": -3,
"dimensions": {
"concept": "CAM:IncreaseDecreaseThroughReclassification",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f9412": {
"value": "565000",
"decimals": -3,
"dimensions": {
"concept": "CAM:IncreaseDecreaseThroughReclassification",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "CAM:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:EUR"
}
},
"f9415": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "CAM:IncreaseDecreaseThroughReclassification",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9424": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f9428": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f9431": {
"value": "13527000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "CAM:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:EUR"
}
},
"f9434": {
"value": "13527000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9440": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "CAM:DividendsAndBonusesPaid",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f9444": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "CAM:DividendsAndBonusesPaid",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f9448": {
"value": "1065000",
"decimals": -3,
"dimensions": {
"concept": "CAM:DividendsAndBonusesPaid",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "CAM:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:EUR"
}
},
"f9452": {
"value": "1065000",
"decimals": -3,
"dimensions": {
"concept": "CAM:DividendsAndBonusesPaid",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9457": {
"value": "4000000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f9460": {
"value": "400000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f9463": {
"value": "43573000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "CAM:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:EUR"
}
},
"f9466": {
"value": "47973000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9475": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f9478": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f9481": {
"value": "15867000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "CAM:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:EUR"
}
},
"f9484": {
"value": "15867000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9493": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "CAM:DividendsAndBonusesPaid",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f9496": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "CAM:DividendsAndBonusesPaid",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f9499": {
"value": "4290000",
"decimals": -3,
"dimensions": {
"concept": "CAM:DividendsAndBonusesPaid",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "CAM:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:EUR"
}
},
"f9502": {
"value": "4290000",
"decimals": -3,
"dimensions": {
"concept": "CAM:DividendsAndBonusesPaid",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9508": {
"value": "4000000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"f9512": {
"value": "400000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
"unit": "iso4217:EUR"
}
},
"f9515": {
"value": "55150000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "CAM:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:EUR"
}
},
"f9518": {
"value": "59550000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9555": {
"value": "15805000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9559": {
"value": "13511000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9567": {
"value": "6478000",
"decimals": -3,
"dimensions": {
"concept": "CAM:AdjustmentsForGainRecognisedInBargainPurchaseTransaction",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9570": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "CAM:AdjustmentsForGainRecognisedInBargainPurchaseTransaction",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9578": {
"value": "-612000",
"decimals": -3,
"dimensions": {
"concept": "CAM:AdjustmentsForHedgingGainsLossesForHedgeOfGroupOfItemsWithOffsettingRiskPositions",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9581": {
"value": "-786000",
"decimals": -3,
"dimensions": {
"concept": "CAM:AdjustmentsForHedgingGainsLossesForHedgeOfGroupOfItemsWithOffsettingRiskPositions",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9589": {
"value": "745000",
"decimals": -3,
"dimensions": {
"concept": "CAM:AdjustmentsForFinanceIncomeCostAndAdjustmentsForInvestmentIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9592": {
"value": "346000",
"decimals": -3,
"dimensions": {
"concept": "CAM:AdjustmentsForFinanceIncomeCostAndAdjustmentsForInvestmentIncome",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9600": {
"value": "3135000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDeferredTaxExpense",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9604": {
"value": "4454000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDeferredTaxExpense",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9614": {
"value": "5761000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9617": {
"value": "4335000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9624": {
"value": "-29000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForProvisions",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9628": {
"value": "67000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForProvisions",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9638": {
"value": "866000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9641": {
"value": "333000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9650": {
"value": "33000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9655": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9664": {
"value": "20450000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9668": {
"value": "23832000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9676": {
"value": "-1680000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9679": {
"value": "-19391000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9687": {
"value": "-11965000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9691": {
"value": "-5298000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9700": {
"value": "-1514000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9703": {
"value": "12918000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9709": {
"value": "5291000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperations",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9712": {
"value": "12061000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperations",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9717": {
"value": "-44000",
"decimals": -3,
"dimensions": {
"concept": "CAM:HedgingGainsLossesForHedgeOfGroupOfItemsWithOffsettingRiskPositionsClosedHedgesClassifiedAsOperatingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9720": {
"value": "-628000",
"decimals": -3,
"dimensions": {
"concept": "CAM:HedgingGainsLossesForHedgeOfGroupOfItemsWithOffsettingRiskPositionsClosedHedgesClassifiedAsOperatingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9727": {
"value": "745000",
"decimals": -3,
"dimensions": {
"concept": "CAM:InterestPaidAndInterestReceivedClassifiedAsOperatingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9730": {
"value": "346000",
"decimals": -3,
"dimensions": {
"concept": "CAM:InterestPaidAndInterestReceivedClassifiedAsOperatingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9735": {
"value": "2698000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9739": {
"value": "4453000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9746": {
"value": "1804000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9750": {
"value": "6634000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9761": {
"value": "6730000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9764": {
"value": "8364000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9772": {
"value": "591000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9776": {
"value": "13000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9783": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "CAM:ProceedsFromGovernmentGrantsNotRecognisedInProfitOrLossClassifiedAsInvestingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9786": {
"value": "656000",
"decimals": -3,
"dimensions": {
"concept": "CAM:ProceedsFromGovernmentGrantsNotRecognisedInProfitOrLossClassifiedAsInvestingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9793": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "CAM:ProceedsFromGovernmentGrantsDeferredTaxLiabilitiesClassifiedAsInvestingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9796": {
"value": "219000",
"decimals": -3,
"dimensions": {
"concept": "CAM:ProceedsFromGovernmentGrantsDeferredTaxLiabilitiesClassifiedAsInvestingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9804": {
"value": "2539000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9808": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9815": {
"value": "-9860000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9819": {
"value": "-7502000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9826": {
"value": "4290000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9829": {
"value": "1065000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9838": {
"value": "3375000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9841": {
"value": "3000000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9850": {
"value": "89000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9854": {
"value": "187000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9862": {
"value": "7500000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9866": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9871": {
"value": "57000",
"decimals": -3,
"dimensions": {
"concept": "CAM:IncreaseDecreaseInNonCurrentRestrictedCashAndCashEquivalentsClassifiedAsFinancingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9874": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "CAM:IncreaseDecreaseInNonCurrentRestrictedCashAndCashEquivalentsClassifiedAsFinancingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9883": {
"value": "7817000",
"decimals": -3,
"dimensions": {
"concept": "CAM:CashFlowsFromUsedInIncreaseDecreaseInBankOverdrafts",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9887": {
"value": "92000",
"decimals": -3,
"dimensions": {
"concept": "CAM:CashFlowsFromUsedInIncreaseDecreaseInBankOverdrafts",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9895": {
"value": "-3305000",
"decimals": -3,
"dimensions": {
"concept": "CAM:IncreaseDecreaseInCurrentAdvancesFromFactoringClassifiedAsFinancingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9898": {
"value": "-4991000",
"decimals": -3,
"dimensions": {
"concept": "CAM:IncreaseDecreaseInCurrentAdvancesFromFactoringClassifiedAsFinancingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9904": {
"value": "10811000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9908": {
"value": "831000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9913": {
"value": "2755000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9917": {
"value": "-37000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9925": {
"value": "153000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9928": {
"value": "190000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2021-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9936": {
"value": "2908000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"f9940": {
"value": "153000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"s8_notes__6__5": {
"value": "5.Notes to the consolidated financial statement for the year ended12/31/20225.1.GENERAL INFORMATION Campine nv (\u2018the company\u2019) is a limited liability company incorporated in Belgium. The addresses of its registered office and principal place of business are disclosed in the Corporate Data. The principal activities of the company and its subsidiaries (\u2018the group\u2019) are described in this annual report (see note 5.11). Campine has been listed on the Stock Exchange since 18 October 1936, originally under the name \u201cCompagnie Chimique et Metallurgique de la Campine\u201d. The share price can now be found under Euronext stock exchange code \u2018CAMB\u2019 and the name \u2018Campine nv\u2019. 5.2.SIGNIFICANT ACCOUNTING POLICIES The financial statements have been prepared based on the International Financial Reporting Standards as adopted by the EU (\u201cIFRS\u201d). This year, the group has applied all new and revised standards and interpretations that are relevant to its business and that are effective for the annual reporting period commencing on January 1, 2022. The group has not early adopted any other standard, interpretation or amendment that has been issued but is not yet effective. Following standards and interpretations became applicable for 2022: \u2022Amendments to IAS 16 Property, plant and equipment \u2013 Proceeds before intended use, effective 1 January2022 \u2022Amendments to IAS 37 Provisions, contingent liabilities and contingent assets \u2013 onerous contracts\u2014cost of fulfilling a contract, effective 1 January 2022 \u2022Amendments to IFRS 3 Business combinations \u2013 References to the conceptual framework, effective 1 January2022 \u2022Annual Improvements Cycle - 2018-2020, effective 1 January 2022These changes had no significant impact on Campine\u2019s consolidated financial statements. Standards and interpretations issued but not yet effective on 1 January 2022: \u2022Amendments to IAS 1 Presentation of Financial Statements \u2013 Classification of Liabilities as Current or Non- 1current (the 2020 amendments and 2022 amendments), effective 1 January 2024\u2022Amendments to IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2: Disclosure of Accounting policies, effective 1 January 2023\u2022Amendments to IAS 8 Accounting policies, Changes in Accounting Estimates and Errors: Definition ofAccounting Estimates, effective 1 January 2023\u2022Amendments to IAS 12 Income Taxes: Deferred Tax related to Assets and Liabilities arising from a SingleTransaction, effective 1 January 2023 \u2022Amendments to IFRS 16 Leases: Lease Liability in a Sale and Leaseback, effective 1 January 2024 \u2022Amendments to IFRS 17 Insurance contracts: Initial Application of IFRS 17 and IFRS 9 \u2013 ComparativeInformation, effective 1 January 2023\u2022IFRS 17 Insurance Contracts, effective 1 January 2023 With regard to the standards effective from 1 January 2023, the group is currently analyzing the impact of these amendments on Campine\u2019s consolidated financial statements. With regard to the standards that will become effective from January 1, 2024, the group will start this analysis during the second half of 2023. 1 Not yet endorsed by the EU as per 10 November 2022 5.2.1.Basis of consolidation The consolidated financial statements incorporate the financial statements of the company and entities controlled by the company (its subsidiaries). An investor controls an investee when it is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. The results of subsidiaries acquired or disposed of during the year are included in the financial information from the effective date of acquisition and up to the effective date of disposal, as appropriate. Where necessary, adjustmentsare made to the financial statements of subsidiaries to bring their accounting policies into line with those used by other members of the group. All intra-group transactions, balances, income and expenses are eliminated on consolidation. Changes in the group\u2019s interest in a subsidiary that do not result in a loss of control are accounted for as equity transactions. The carrying amounts of the group\u2019s interests and the non-controlling interests are adjusted to reflect the changes in their relative interests in the subsidiary. When the group loses control of a subsidiary, the profit or loss on disposal is calculated as the difference between (i) the aggregate of the fair value of the consideration received and the fair value of any retained interest and (ii) the previous carrying amount of the assets (including goodwill) and liabilities of the subsidiary and any non-controlling interests. Amounts previously recognised in other comprehensive income in relation to the subsidiary are accounted for (i.e. re-classified to profit or loss or transferred directly to retained earnings) in the same manner as would be required if the relevant assets or liabilities were disposed of. The fair value of any investment retained in the former subsidiary at the date when control is lost is regarded as the fair value on initial recognition for subsequent accounting under IFRS 9 Financial Instruments or, when applicable, the cost on initial recognition of an investment in an associate or jointly controlled entity. Non-controlling interests in subsidiaries are identified separately from the group\u2019s equity therein. The interest of non-controlling shareholders may be initially measured either at fair value or at the noncontrolling interests\u2019 proportionate share of the fair value of the acquiree\u2019s identifiable net assets. The choice of measurement basis is made on an acquisition-by- acquisition basis. Subsequent to acquisition, the carrying amount of non-controlling interests is the amount of those interests at initial recognition plus the non-controlling interests\u2019 share of subsequent changes in equity. Total comprehensive income is attributed to noncontrolling interests even if this results in the noncontrolling interests having a deficit balance. 5.2.2.Business combinations The acquisition of subsidiaries is accounted for using the purchase method. The cost of the acquisition is measured at the aggregate of the fair values, at the date of acquisition, of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquiree. The acquiree\u2019s identifiable assets, liabilities and contingent liabilities that meet the conditions for recognition under IFRS 3 (\u201cBusiness combinations\u201d) are recognised at their fair values at the acquisition date, except for noncurrent assets (or disposal groups) that are classified as held for sale, which are recognised and measured at fair value less costs to sell. Acquisition-related costs are recognised in profit or loss as incurred. Where applicable, the consideration for the acquisition includes any asset or liability resulting from a contingent consideration arrangement, measured at its acquisition-date fair value. Subsequent changes in such fair values are adjusted against the cost of acquisition where they qualify as measurement period adjustments (see below). All other subsequent changes in the fair value of contingent consideration classified as an asset or liability are accounted for in accordance with relevant IFRS. Changes in the fair value of contingent consideration classified as equity are not recognised. Where a business combination is achieved in stages, the group\u2019s previously held interests in the acquired entity are remeasured to fair value at the acquisition date (i.e. the date the group attains control) and the resulting gain or loss, if any, is recognised in profit or loss. Amounts arising from interests in the acquire prior to the acquisition date that have previously been recognised in other comprehensive income are reclassified to profit or loss, where such treatment would be appropriate if that interest were disposed of. If the fair value of the net assets acquired is in excess of the aggregate consideration transferred, the Group re-assesses whether it has correctly identified all of the assets acquired and all of the liabilities assumed and reviews the procedures used to measure the amounts to be recognised at the acquisition date. If the reassessment still results in an excess of the fair value of net assets acquired over the aggregate consideration transferred, then the gain is recognised in profit or loss. Goodwill Goodwill arising on acquisition is recognised as an asset and initially measured at cost, being the excess of the cost of the business combination over the group\u2019s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognised. If, after reassessment, the group\u2019s interest in the net fair value of the acquiree\u2019s identifiable assets, liabilities and contingent liabilities exceeds the cost of the business combination, the excess (negative consolidation difference) is recognised immediately in profit or loss. The interest of minority shareholders in the acquire is initially measured at the minority\u2019s proportion of the net fair value of the assets, liabilities and contingent liabilities recognised. 5.2.3.Revenue from Contracts with Customers IFRS 15 establishes a five-step model to account for revenue arising from contracts with customers: \u2022Identify the contract. \u2022Identify the performance obligations. \u2022Determine the transaction price. \u2022Allocate the transaction price to the performance obligations in the contract. \u2022Recognise revenue when or as the group satisfies a performance obligation. Under IFRS 15, revenue is recognised at an amount that reflects the consideration to which an entity expects to be entitled in exchange for transferring goods or services to a customer. Nature of sales transactions: The group is active in the metal business and thus contracts with customers generally concern the sale of these metal products, which qualify as separate performance obligations. Ancillary services, such as transport, are not material. As a result, revenue recognition generally occurs at a point in time, when control of the products is transferred to the customer, generally on delivery of the goods and considering the underlying incoterm. The group is not involved in transactions and/or contracts including volume rebates, trade discounts, (ancillary) services, customer assistance services or bundled sales contracts of a material nature. Campine works with direct sales people for most of its sales in Europe and with distributors and agents in the rest of the world. The direct sales/purchasing employees are on Campine\u2019s payroll or work on a self-employed basis with a service contract. The distributors and agents are remunerated through commission, which is then also part of the purchase costs. 5.2.4.Leases Definition of \u2018lease\u2019 A contract is or contains a lease if it conveys a right to control the use of an identified asset for a period of time in exchange for a consideration. To determine whether a lease confers the right to control use of a determined asset for a determined period of time, the entity must appreciate whether, throughout the period of use, it has the right to: \u2022Obtain substantially all of the economic benefits from the use of the asset. \u2022Direct the use of the asset. To determine the duration of the leases, any options for renewal or termination have been considered as required by IFRS 16 taking into account the probability of exercising the option and only if it is under the control of the lessee. At the start of the lease, the lessee recognises a right-of-use asset and a lease liability. For leases with a maximum duration of 12 months or leases of assets with low value, Campine applies the practical exemption in IFRS 16. Hence, these leases are not presented on the balance sheet. Right-of-use assets The group recognises right-of-use assets on the commencement date of the contract, i.e. the date on which the asset becomes available for use. These assets are valued at the initial cost of the lease liability minus depreciation and any impairment, adjusted to take into account any revaluations of the lease liability. The initial cost of the right-of-use assets includes the present value of the lease liability, the initial costs incurred by the lessee, rent payments made on the start date or before that date, minus any incentives obtained by the lessee. These assets are depreciated over the estimated lifetime of the underlying asset or over the duration of the contract if this period is shorter, unless the group is sufficiently certain of obtaining ownership of the asset at the end of the contract. Right-of-use assets are presented separately from other assets as a different line under non-current assets. Lease liabilities The lease liability is valued at the present value of the rent payments that have not yet been paid. The present value of the rent payments must be calculated using the interest rate implicit in the lease if it is possible to determine that rate. If not, the lessee must use its incremental borrowing rate. The incremental borrowing rate is the interest rate that the lessee would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of similar value to the right-of-use asset in a similar economic environment. Over the duration of the contract, the lessee values the lease obligation as follows: \u2022By increasing the carrying amount to reflect the interest on the lease liabilities. \u2022By reducing the carrying amount to reflect the rent payments made. \u2022By revaluing the carrying amount to reflect the new value of the lease obligation or modifications to the lease. Lease liabilities are presented in a separate line on the balance sheet. Payments for the capital reimbursement and the interests are presented under financing activities in the statement of cash flows. 5.2.5.Foreign currencies The individual financial statements of each group entity are presented in the currency of the primary economic environment in which the entity operates (its functional currency). Currently, the group consists of Campine NV, Campine Recycling NV, Campine France SAS and Campine recycled Polymers SAS. For the purpose of the consolidated financial statements, the results and financial position of each entity are expressed in EUR, which is the functional currency of the company, and the presentation currency for the consolidated financial statements. In preparing the financial statements of the individual entities, transactions in currencies other than the entity\u2019s functional currency (foreign currencies) are recorded at the rates of exchange prevailing on the dates of the transactions. At each balance sheet date, monetary items denominated in foreign currencies are retranslated at the rates prevailing on the balance sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency remain at historical rate. Exchange differences arising on the settlement of monetary items, and on the retranslation of monetary items, are included in profit or loss for the period (within other operating income/expenses). 5.2.6.Financial instruments Classification and measurement of financial assets and financial liabilities Financial assets and financial liabilities are recognised when a group entity becomes a party to the contractual provisions of the instrument. Financial assets and financial liabilities are initially measured at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets and financial liabilities at fair value through profit or loss) are added to or deducted from the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly attributable to the acquisition of financial assets or financial liabilities at fair value through profit or loss are recognised immediately in profit or loss. Trade receivables, cash and cash equivalents and bank loans are classified and measured at amortised cost under IFRS 9. Lease liabilities are measured in accordance with IFRS 16. Debt instruments that meet the following conditions are subsequently measured at amortised cost: \u2022The financial asset is held within a business model whose objective is to hold financial assets in order to collect contractual cash flows. \u2022The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principle and interest on the principal amount outstanding. The effective interest method is a method of calculating the amortised cost of a debt instrument and of allocating interest income over the relevant period. The amortised cost of a financial asset is the amount at which the financial asset is measured at initial recognition minus the principal repayments, plus the cumulative amortization using the effective interest method of any difference between that initial amount and the maturity amount, adjusted for any loss allowance. On the other hand, the gross carrying amount of a financial asset is the amortised cost of a financial asset before adjusting for any loss allowance. Classification and measurement of financial liabilities of the group has not been modified by the requirements of IFRS 9. All financial liabilities of the group are subsequently measured at amortised cost using the effective interest rate method. Impairment of financial assets In relation to the impairment of financial assets, IFRS 9 requires an expected credit loss model. The expected credit loss model requires the group to account for expected credit losses and changes in those expected credit losses at each reporting date to reflect changes in credit risk since initial recognition of the financial assets. Specifically, IFRS 9 requires the group to recognise a loss allowance for expected credit losses on trade receivables and cash and cash equivalents. The amount of expected credit losses is updated at each reporting date to reflect changes in credit risk since initial recognition of the respective financial instrument. IFRS 9 provides a simplified approach for measuring the loss allowance at an amount equal to lifetime expected credit losses for trade receivables without a significant financing component (short-term trade receivables). The expected credit losses on these financial assets are estimated using a provision matrix based on the group\u2019s historical credit loss experience adjusted for factors that are specific to the debtors, general economic conditions and an assessment of both the current as well as the forecast direction of conditions at the reporting date, including time value of money where appropriate. All bank balances are assessed for expected credit losses at each reporting date as well. Definition of default The group considers the following as constituting an event of default for internal credit risk management purposes as historical experience indicates that receivables that meet either of the following criteria are generally not recoverable: \u2022When there is a breach of financial covenants by the counterparty; or \u2022Information developed internally or obtained from external sources indicates that the debtor is unlikely to pay its creditors, including the group, in full (without taking into account any collateral held by the group) Irrespective of the above analysis, the group considers that default has occurred when a financial asset is more than 90 days past due unless the group has reasonable and supportable information to demonstrate that a more lagging default criterion is more appropriate. Credit-impaired financial assets A financial asset is credit-impaired when one or more events that have a detrimental impact on the estimated future cash flows of that financial asset have occurred. Evidence that a financial asset is credit- impaired includes observable data about the following events: \u2022Significant financial difficulty of the issuer or the borrower. \u2022A breach of contract, such as a default or past due event. \u2022The lender(s) of the borrower, for economic or contractual reasons relating to the borrower\u2019s financial difficulty, having granted to the borrower a concessions(s) that the lender(s) would not otherwise consider. \u2022It is becoming probable that the borrower will enter bankruptcy or other financial reorganisation. or \u2022The disappearance of an active market for that financial asset because of financial difficulties. Write-off policy The group writes off a financial asset when there is information indicating that the counterparty is in severe financial difficulty and there is no realistic prospect of recovery, e.g. when the counterparty has been placed under liquidation or has entered into bankruptcy proceedings, or in the case of trade receivables, when the amounts are over two years past due, whichever occurs sooner. Financial assets written off may still be subject to enforcement activities under the group\u2019s recovery procedures, taking into account legal advice where appropriate. Any recoveries made are recognised in profit or loss. Derivative financial instruments The group enters into a variety of derivative financial instruments to manage its exposure to commodity price risk. Derivatives are initially recognised at fair value at the date the derivative contracts are entered into and are subsequently remeasured to their fair value at the end of each reporting period. The resulting gain or loss is recognised in profit or loss immediately. Depending on the market situation, in combination with the established purchase and sales contracts, both purchase and sales hedging contracts are used. The remaining volumes are partially offset against long-term financial hedging. 5.2.7.Borrowing costs Borrowing costs are recognised in profit or loss in the period in which they are incurred, unless they are directly attributable to qualifying assets, in which case they are capitalised. 5.2.8.Government grants Capital grants are presented on a separate line \u201ccapital grants\u201d in the consolidated balance sheet. Government grants are recognised in profit or loss (in other operating income) over the periods necessary to match them with the related costs. Government grants related to later periods are presented in the financial statements as deferred income in a separate section of current liabilities. Since 2022, these are now separately shown. If the government grant relates directly to an investment, it is deducted from the investment costs or taken to the income statement as other debts over the depreciation period of the asset to which it relates. 5.2.9.Retirement benefit costs and termination benefits For defined benefit retirement benefit plans, the cost of providing benefits - as well as the defined contribution plans - is determined using the projected unit credit method, with actuarial valuations being carried out at the end of each annual reporting period. Remeasurement, comprising actuarial gains and losses, the effect of the changes to the asset ceiling (if applicable) and the return on plan assets (excluding interest), is reflected immediately in the statement of financial position with a charge or credit recognised in other comprehensive income is reflected immediately in retained earnings and will not be reclassified to profit or loss. Past service cost is recognised in profit or loss in the period of a plan amendment. Net interest is calculated by applying the discount rate at the beginning of the period to the net defined benefit liability or asset. Benefit costs are categorised as follows: \u2022Service cost (including current service cost, past service cost, as well as gains and losses on curtailments and settlements). \u2022Net interest expense or income. \u2022Remeasurement. The group presents the first 2 components of benefit costs in profit and loss in the line item employee benefits expense. Curtailment gains and losses are accounted for as past service costs. The 3rd component is recognised directly to other comprehensive income. The retirement benefit obligation recognised in the consolidated statement of financial position represents the actual deficit or surplus in the group\u2019s benefit plans. Any surplus resulting from this calculation is limited to the present value of any economic benefits available in the form of refunds from the plans or reductions in future contributions to the plans. A liability for a termination benefit is recognised at the earlier of when the entity can no longer withdraw the offer of the termination benefit and when the entity recognises any related restructuring costs. 5.2.10.Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The group\u2019s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised on differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit, and is accounted for using the balance sheet liability method. Deferred tax liabilities are generally recognised for all taxable temporary differences and deferred tax assets are recognised to the extent that it is probable that taxable profits will be available against which deductible temporary differences can be utilised. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset realised. Deferred tax is charged or credited to profit or loss, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when there is a legally enforceable right to set off current tax assets against current tax liabilities and when they relate to income taxes levied by the same taxation authority and the group intends to settle its current tax assets and liabilities on a net basis. 5.2.11.Property, plant and equipment Property, plant & equipment are stated at cost less accumulated depreciation and any accumulated impairment losses. Properties in the course of construction for production, rental or administrative purposes, are carried at cost, less any recognised impairment loss. Cost includes professional fees and, for qualifying assets, borrowing costs capitalised in accordance with the group\u2019s accounting policy. Depreciation of these assets commences when the assets are ready for their intended use. Depreciation is charged so as to write off the cost of assets, other than land and properties under construction, over their estimated useful lives, using the straight-line method. Assets held under finance leases are depreciated over their expected useful lives on the same basis as owned assets or, where shorter, the term of the relevant lease. The gain or loss arising on the disposal or retirement of an item of property, plant and equipment is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognised in profit or loss. 5.2.12.Internally-generated intangible assets \u2013 research and development expenditure Expenditure on research activities is recognised as an expense in the period in which it is incurred. An internally-generated intangible asset arising from the group\u2019s development is recognised only if all of the following conditions are met: \u2022An asset is created that can be identified (such as software and new processes). \u2022It is probable that the asset created will generate future economic benefits and. \u2022The development cost of the asset can be measured reliably. Internally-generated intangible assets are amortised on a straight-line basis over their estimated useful lives. Where no internally-generated intangible asset can be recognised, development expenditure is charged to profit or loss in the period in which it is incurred. 5.2.13.Patents, trademarks and software purchased Patents, trademarks and software purchased are measured initially at purchase cost and are amortised on a straight-line basis over their estimated useful lives. 5.2.14.Impairment of tangible and intangible assets excluding goodwill At each balance sheet date, the group reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the group estimates the recoverable amount of the cash generating unit to which the asset belongs. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease. Where an impairment loss subsequently reverses, the carrying amount of the asset (cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (cash generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase. 5.2.15.Inventories Cost of the raw materials includes both the purchasing price (using the principle of First in First out (\u201cFIFO\u201d)), and the direct purchasing costs, like import duties, transportation and completion costs. Cost of work in progress and finished products comprises all direct and indirect costs necessary that have been incurred in bringing the inventories to their present location condition on balance sheet date. Direct costs include, among others, the cost of the used raw materials and the direct labour costs. Indirect costs include a systematical impute of fixed and variable indirect production costs proceeded from the conversion of raw materials in end products. The impute of fixed indirect production costs is based on the normal capacity of the production facilities. For the determination of the cost, the standard cost price method is used. The standard cost price takes into account the normal use of raw and auxiliary materials, labour, efficiency and capacity. The standardcost price is frequently being evaluated and, if necessary, revised in consideration with the present conditions. The standard cost price of the raw and auxiliary materials, as also the appreciation of it in work in progress and in raw materials, will be revised every month on the basis of the new determined FIFO value of these raw and auxiliary materials. The inventories are valued at the lower of cost, determined as described above, or net realisable value. The market value represents the estimated selling price in normal circumstances less estimated cost of completion and costs to be incurred to realise sales (marketing, selling and distribution). The estimated selling price is based on the LME quotation (London Metal Exchange) for lead. For the antimony price we refer to the current prices in combination with the already contracted purchase and sales contracts. Value reductions are made for the old and slow moving inventories. 5.2.16.Trade receivables Trade receivables are measured at initial recognition at fair value. Appropriate allowances for estimated irrecoverable amounts are recognised in profit or loss when there is objective evidence that the asset is impaired. The allowance recognised is measured as the difference between the asset\u2019s carrying amount and the present value of estimated future cash flows discounted at the effective interest rate computed at initial recognition. Based on a regular age analysis of the assets, it is determined case per case if a liability for doubtful debtors is needed. Factoring The group entered into a factoring agreement with a credit institution, whereby the credit institution pays advances to the group on trade receivables. As the credit risk of these receivables remains with the group,not all risks and rewards of the transferred receivablesare transferred. As a consequence, the receivables remain on the balance sheet of the group and the advances received are recorded in the balance sheet under the short term advances on factoring. 5.2.17.Cash and cash equivalents Cash and cash equivalents comprise cash on hand and demand deposits. Cash and cash equivalents are included at fair value. 5.2.18.Bank borrowings Interest-bearing bank loans and overdrafts are measured at fair value. Any difference between the proceeds (net of transaction costs) and the settlementor redemption of borrowings is recognised over the term of the borrowings in accordance with the group\u2019saccounting policy for borrowing costs (see above). 5.2.19.Trade payables Trade payables are measured at cost. 5.2.20.Provisions Provisions are recognised when the group has a present obligation as a result of a past event, and it is probable that the group will be required to settle that obligation. Provisions are measured at the directors\u2019 best estimate of the expenditure required to settle the obligation at the balance sheet date, and are discounted to present value where the effect is material. 5.2.21 Other Except for general macro-economic effects (i.e. fluctuations of salaries & discount rate), the company did not account for specific items related to the Russian invasion and other macro-eonomic effects. 5.3.JUDGEMENT AND USE OF ESTIMATES The preparation of financial statements requires the use of estimates and assumptions to determine the value of assets and liabilities, to assess the positive and negative consequences of unforeseen situations and events at the balance sheet date, and to form a judgement as to the revenues and expenses of the fiscal year. The basis of the judgement and use of estimates is consistent to our annual report 2021. Significant estimates made by the group in preparation of the financial statements relate mainly to: \u2022Valuation of the recoverable amount of stocks (see note 5.12.). The inventories are valued at cost, determined as described above, or at market value, if the latter is lower. \u2022Valuation of sanitation provisions (see note 5.21.). The group has set up a provision for soil sanitation and other environmental items. \u2022Pension and related liabilities (see note 5.26.). The estimated liability arising from defined contribution and defined benefit retirement plans of the group, is based on actuarial assumptions. The pre-tax discount rate and estimated salary expectations are actuarial assumptions which can significantly affect the liability. \u2022Deferred tax assets are recognised for the carry forward of unused tax losses and unused tax credits to the extent that it is probable that future taxable profit will be available against which the unused tax losses and unused tax credits can be utilised. In making its judgement, the board takes into account long-term business strategy. A major uncertainty in the determination of the future taxable result concerns the volatility and unpredictability of raw material prices. \u2022Others: litigation and lawsuits. The Campine groupis subject to proceedings, lawsuits and other claims related to products and other matters. We are required to assess the likelihood of any adversjudgements or outcomes to these matters as well as potential ranges of probable and reasonably possible losses. This requires significant management judgement. Due to the uncertainties inherent in all valuation processes, the group revises its estimates on the basis of regularly updated information. Future results may differ from these estimates. As well as the use of estimates, group management also uses judgement in defining the accounting treatment for certain operations and transactions not addressed under the IFRS standards and interpretations currently in force. 5.4.OPERATIONAL SEGMENTS 5.4.1.Acquisition of the French entities (gain on bargain purchase) Acquisitions in 2022 On 7 July 2022 the Campine group entered into a business combination, and acquired certain assets, including the key-personnel from the French Company Recylex SA. This was done as part of a bankruptcy proceeding and after approval from the French competent Court which examined the various bids made. The acquisition also included 100% of the shares and voting rights of the company C2P SAS. The business combination consists of 2 lead-acid battery breaker plants and a PP plastic recycling factory in France, as well as the related inventory and work force. The acquisition was needed to increase the Group\u2019s acid battery reprocessing capabilities. The battery breaker activities in France are hosted in a new business unit called `recycled Batteries\u2019 (legal entity name is Campine France SA) and are integrated in our Circular Metals division (formerly Metals Recycling division) as it is an upstream addition to its business. The plastics recycling company C2P SAS becomes Campine `recycled Polymers\u2019 business unit and is hosted in the Specialty Chemicals division, due to its overlap in customers and technology with our Flame Retardant Masterbatches BU (formerly Plastics BU) in Beerse. Assets acquired and liabilities assumed The Group performed a purchase price allocation exercise whereby the identifiable assets and liabilities were measured at their acquisition date fair values. in \u2018OOO eur Booked value Fair value Bargain price Tax (25%) (deferred) Fixed Assets (Recylex SA & C2P SAS) 1,565 9,019 7,454 1,863 Participation C2P SAS 250 3,390 3,140 0Inventory Recylex SA 2,485 4,659 2,174 544 Provisions 0 -4,720 -4,720 -1,180 Other liabilities 0-458 -458 -115 Gain on bargain purchase 7,590 -1,112 Net gain on bargain purchase 6,478 In order to show the impact of the acquisition we have provided a consolidated balance sheet of both entitities which will be integrated in the group balance sheet. \u2018000 eur Notes 7/7/2022 ASSETSAssetsProperty, plant and equipment 5.9 9.019 Right-of-use assets 87 Inventories 5.12 5.819 Trade receivables 5.13.1 2.810 Other receivables 80 Cash and cash equivalents 1.656 TOTAL ASSETS 19.471 LiabilitiesObligation for personnel (incl. retirement benefit) -646 Obligations under leases -87 Provisions-4.720 Capital grants 5.18.3 -736 Trade payables 5.18.1 -5.110 Other payables -332 Total liabilities -11.631 Capital and reserves Share capital -250 Total Capital and Reserves -250 Gain on bargain purchase 7.590 Deferred tax liabilities 5.7 -1.112 Net gain on bargain purchase 6.478 The tangible fixed assets, including the land and buildings, measured at their acquisition date fair value, resulting in a value as stated in the table above. In this respect, management considered costs of remediation required and imposed by the respective environmental and other authorities. The necessary provisions have also been made for soil remediation based on estimates made by specialized external experts. These were also included in the provisions mentioned above. Inventories acquired consisted of lead batteries and plastics measured at their estimated acquisition date fair values based on a combination of market reference prices and other supporting external documents such as invoices. Accounts receivable acquired gross amount to \u20ac 2,810K. Given the short maturity dates, the carrying value of the accounts receivable is deemed representative of their acquisition date fair value. The accounts receivable are all trade accounts receivable and it is expected that the full contractual amounts can be collected. Accounts payable and employee related obligations were assumed a their carrying values deemed to be representative of their fair values at acquisition date. The Group measured the acquired lease liabilities using the present value of the remaining lease payments at the date of acquisition. The right-of-use assets were measured at an amount equal to the lease liabilities and adjusted to reflect the favourable terms of the lease relative to market terms. The business combination resulted in a negative goodwill amount of \u20ac 6,478K (net of tax) primarily because of the fact that the selling party was under financial distress and the acquisition was contingent upon approval by the French Commercial Court in Paris, who approved Campine\u2019s bid on 6 July 2022 and declared Campine as owner of the aforementioned business as from the morning of 7 July 2022. Analysis of consideration paid In 2022 transaction costs of \u20ac 450K were expensed and are included in other operating expenses. Analysis of cash flows on acquisition Transaction cost of the acquisition (included in cash flow from operating activities) -3,945 Net cash acquired with the subsidiary (included in cash flows from investing activities) 1,406Net cash flow on acquisition -2,539 From the date of the acquisition, the French entities contributed \u20ac 29.6 mio of revenue and \u20ac 1.1 mio to profit before tax. We believe that providing information of the contribution to revenues and net result as if the acquisition would have happened at the beginning of the reporting period, is impracticable because of lack of access to the records of part of the activities and lack of comparability as Recylex was under financial distress during the first semester of 2022 ending up in a declared bankruptcy in April 2022. There is no contingent consideration payable nor are there any indemnification assets. In order to show the impact of the acquisition as at 31 December 2022, we have provided in several notes the impact of the French entities on the group balance sheet and income statement. 5.4.2.Geographical segments The group\u2019s registered office is located in Belgium, Nijverheidsstraat 2, 2340 Beerse. The group\u2019s manufacturing operations are located in Nijverheidsstraat 2, 2340 Beerse, Belgium; 300 avenue de l\u2019Epie, 69400 Arnas France and 20 rue des Pr\u00e9s, 59161 Escaudoeuvres, France. The following table provides an analysis of the group\u2019s sales by geographical market. 12/31/2022 12/31/2021 \u2018000 eur 000 eur % \u2018000 eur %Belgium 8,945 2.8% 6,924 3.1% Germany 114,162 36.0% 82,908 36.6% Switzerland 33,044 10.4% 19,448 8.6% France 18,520 5.8% 18,566 8.2% Italy 18,158 5.7% 10,832 4.8% Romania 10,686 3.4% 9,340 4.1% The Netherlands 10,210 3.2% 7,574 3.3% Turkey 6,497 2.0% 2,871 1.3% Poland 6,275 2.0% 4,289 1.9% United Kingdom 3,075 1.0% 1,988 0.9% Other European countries 15,066 4.7% 12,669 5.6% North America 44,470 14.0% 27,930 12.3% Asia 26,843 8.5% 19,810 8.8% Others 1,479 0.5% 1,168 0.5% 317,430 100% 226,317 100% 91% of the turnover of Circular Metals was realised in Europe whereas 63% of the turnover of Specialty Chemicals was achieved in Europe. 5.4.3.Business segments/divisions Our reportable segments reflect the significant components of our operations. We evaluate our business operations in two segments, called divisions: \u201cSpecialty Chemicals\u201d and \u201cCircular Metals\u201d. Discrete financial information on these two segments is provided to the CODM (turnover is presented per BU, volumes are presented per division.) The battery breaker activities in France are hosted in a new business unit called \u2018recycled Batteries\u2019 and are integrated in our Circular Metals division (formerly Metals Recycling division) as it is an upstream addition to its business. The plastics recycling company C2P becomes Campine \u2018recycled Polymers\u2019 business unit and is hosted in the Specialty Chemicals division, due to its overlap in customers and technology with our Flame Retardant Masterbatches BU (formerly Plastics BU) in Beerse. The main activities are: \u2022 Specialty Chemicals hosts all businesses which serve end-markets with chemical products and derivates. The manufacturing of antimony trioxide used as flame-retardant, polymerization catalyst and pigment reagent and the production of different types of polymer and plastic masterbatches. The Specialty Chemicals division comprises the business units (BU\u2019s) BU Antimony trioxide, BU FR Masterbatches and BU recycled Polymers. BU Antimony BU FR BU recycled Total Specialty Turnover in \u2018000 eur trioxide Masterbatches Polymers Chemicals On 31 December 2022 99,547 47,769 6,218 153,534 On 31 December 2021 72,411 33,941 - 106,352 \u2206 37.5% 40.7% - 44.4% The total (external and cross-business unit) turnover of the Specialty Chemicals division represents a volume of 18,483 ton (12/31/2021: 15,598 ton) (+18%). The split between external sales and cross-business unit sales can be found in the table on the next page. \u2022 Circular Metals hosts the businesses in which metals are being recovered from industrial and postconsumer waste streams. The main activity is the manufacturing of lead alloys. To this business is added the growing activity of the recycling of other metals such as antimony and tin. This division comprises the business units (BU\u2019s) BU Lead, BU Metals Recovery and BU recycled Batteries. BU Metals BU recycled Total Turnover in \u2018000 eur Recovery BU Lead Batteries Circular Metals On 31 December 2022 18,111 149,140 29,559 196,810 On 31 December 2021 14,945 127,226 - 142,171 \u2206 21.2% 17.2% - 38.4% The total (external and cross-business unit) turnover of the Circular Metals division represents a volume of 91,813 ton (12/31/2021: 63,873 ton) (+44%). The split between external sales and cross-business unit sales can be found in the table on the next page. There is one customer in BU Lead who represents more than 10% of the group\u2019s turnover (15%). Specialty Chemicals Circular Metals Unallocated Total \u2018000 eur 12/31/2022 12/31/2022 12/31/2022 12/31/2022 REVENUE External sales 153,534 163,896 - 317,430 Cross-business unit sales in the same segment - 32,914 -32,914 0Total revenue 153,534 196,810 -32,914 317,430 RESULT Segment operating result 4,388 9,431 - 13,819 Gain on bargain purchase 6,478 6,478 Operating result (EBIT) 21,409 Investment revenues - - 22Hedging results - -612 - -612 Finance costs - - -747 -747 Result before tax 20,052 Income tax expense -3,135 Result for the period 15,805 Specialty Chemicals Circular Metals Unallocated Total \u2018000 eur 12/31/2022 12/31/2022 12/31/2022 12/31/2022 OTHER INFORMATION 4,072 14,815 4,359 23,246 Capital additions 4,542 9,813 2,092 16,447 Depreciation and amortisation (incl. right-of- -1,506 -3,294 -959 -5,759 use assets) BALANCE SHEET Assets Fixed assets (incl. right-of-use assets) 7,108 21,334 5,492 33,934 Deferred tax - - 166 166 Cash paid in escrow - - 57 57 Inventories 25,625 24,250 2,161 52,036 Trade receivables 19,382 17,850 -1,613 35,619 Other receivables - - 2,873 2,873 Cash and cash equivalent - - 2,908 2,908 Total assets 52,115 63,434 12,044 127,593 Long term liabilities Retirement benefit obligation - - 1,496 1,496 Deferred tax liabilities - - 741 741 Bank loans - - 5,250 5,250 Obligations under leases - - 184 184 Provisions 170 6,065 - 6,235 Short term liabilities Retirement benefit obligation - - 14 14 Trade payables 6,052 16,105 986 23,143 Other payables - - 5,746 5,746 Capital grants - - 1,249 1,249 Derivatives - 632 - 632 Current tax liabilities - - 1,200 1,200 Obligations under leases - - 208 208 Bank overdrafts and loans* - - 21,945 21,945 Total liabilities 6,222 22,802 39,019 68,043 * Advances on bank overdrafts and loans are always withdrawn in function of the necessary working capital. They are considered to relate to the whole of the group's four legal entities and are therefore not allocated at segment level. Specialty Chemicals Metals Recycling Unallocated Total \u2018000 eur 12/31/2021 12/31/2021 12/31/2021 12/31/2021 REVENUE External sales 106,352 119,965 - 226,317 Cross-business unit sales in the same segment - 22,206 -22,206 0Total revenue 106,352 142,171 -22,206 226,317 RESULT Segment operating result 10,583 8,514 - 19,097 Unallocated expenses Operating result (EBIT) 19,097 Investment revenues - - - - Hedging results - -786 - -786 Finance costs - - -346 -346 Result before tax 17,965 Income tax expense -4,454 Result for the period 13,511 Specialty Chemicals Circular Metals Unallocated Total \u2018000 eur 12/31/2021 12/31/2021 12/31/2021 12/31/2021 OTHER INFORMATION Capital additions 1,038 5,621 1,718 8,377 Depreciation and amortisation (incl. right-of-use -1,225 -2,277 -833 -4,335 assets) BALANCE SHEET Assets Fixed assets (incl. right-of-use assets) 4,072 14,815 4,359 23,246 Deferred tax - - 104 104 Inventories 25,807 17,221 2,375 45,403 Trade receivables 14,376 7,340 38 21,754 Other receivables 1,915 1,915 Cash and cash equivalent - - 153 153 Total assets 44,255 39,376 8,944 92,575 Long term liabilities Retirement benefit obligation - - 1,192 1,192 Deferred tax liabilities - - 219 219 Bank loans - - 1,500 1,500 Obligations under leases - - 206 206 Provisions 190 995 - 1,185 Short term liabilities Retirement benefit obligation - - 31 31 Trade payables 5,800 14,610 3,841 24,251 Other payables - - 4,561 4,561 Capital grants - - 656 656 Derivatives - 65 - 65 Current tax liabilities - - 121 121 Obligations under leases - - 167 167 Bank overdrafts and loans* - - 10,448 10,448 Total liabilities 5,980 15,670 22,942 44,602 * Advances on bank overdrafts and loans are always withdrawn in function of the necessary working capital. They are considered to relate to the whole of the group\u2019s four legal entities and are therefore not allocated at segment level. 5.5. OTHER OPERATING EXPENSE AND INCOME \u2018000 eur 12/31/2022 12/31/2021OTHER OPERATING EXPENSE Office expenses & IT 1,325 937 Fees 1,169 678 Insurances 695 541Interim personnel 2,718 1,868 Expenses related to personnel 205 121 Carry-off of waste 4,209 4,066Travel expenses 300 126 Transportation costs 6,692 2,998Other purchase and sales expenses 733 721 Negative operating hedge result 430 687 Research & development 186 422 Renting 530 141Subscriptions 365 472 Advertising - publicity 114 68 Other taxes (unrelated to result) 165 125 Financial costs (other than interest) 303 125 Others 387 220 20,526 14,316 \u2018000 eur 12/31/2022 12/31/2021 OTHER OPERATING INCOME Positive operating hedge result 1,192 806 Finance income (other than interest) 1,325 - Renting 53 - Claims 244 12 Subsidies 229 228 Produced assets - own construction 180 294Recuperation of costs from third parties 10 32 Others 110 35 3,343 1,407 5.6. FINANCE COSTS \u2018000 eur 12/31/2022 12/31/2021Interest on bank overdrafts, loans and factoring 742 335Interest cost on leasing 5 11Total borrowing costs 747 3465.7. INCOME TAX EXPENSE \u2018000 eur 12/31/2022 12/31/2021Current tax 3,806 4,478Deferred tax -671 -24Income tax expense for the year 3,135 4,454Domestic and French income tax are calculated at 25% (2021: 25%) of the estimated assessable result for the year. The impact on the income tax due to the acquisition of the French entities amounts to \u20ac 1,112K. \u2018000 eur 12/31/2022 12/31/2021 Result before tax 18,940 17,965Tax at the domestic income tax rate of 25% (2021: 25%) 4,735 4,491 Tax effect of expenses that are not deductible in determining taxable result 49 48Tax effect of Notional Interest Deduction (NID) 0 0Tax settlement previous years 1 -90Tax effect of utilisation of tax losses previously not recognised and timing differences -1,650 -39Tax penalty (insufficient prepayments) 0 44Effect of different tax rates of subsidiaries operating in other jurisdicti- ons 0 0Tax expense and effective tax rate for the period 3,135 4,4545.8.DIVIDENDS AND TANTI\u00c8ME The board proposes to pay a dividend amounting to \u20ac 3.75 mio based on the 2022 results. This dividend reflects the policy to distribute 1/3 of the net result, this time taking into account the operational results and excluding the one-time non-cash effect from the acquisition. A total dividend of \u20ac 4.2 mio was paid based on the 2021 result. The board proposes to pay the non-executive directors a tanti\u00e8me for the financial year closed on 12/31/2022 as follows: Tanti\u00e8me \u20ac 15,000 \u20ac 15,000 \u20ac 15,000 \u20ac 30,000 \u20ac 15,000 \u20ac 90,000 For the financial year closed on 12/31/2021 a total tanti\u00e8me of \u20ac 90K was paid. 5.8.1.Result per share As no potential shares \u2013 which could lead to dilution \u2013 were issued and no activities were ceased, the diluted result per share equals the basic result per share. The calculation of the basic and diluted result per share attributable to the ordinary equity holders of the parent is based on the following data: \u2018000 eur 12/31/2022 12/31/2021 RESULT Result for purposes of basic and diluted results per share (result for the year 15.805 13.511 attributable to equity holders of the parent) NUMBER OF SHARES Weighted average number of ordinary shares for the purposes of basic and 1.500.000 1.500.000 diluted results per share 5.9.PROPERTY, PLANT AND EQUIPMENT Land and Properties under Fixtures and \u2018000 eur buildings construction equipment Total COST OR VALUATION On 31 December 2020 15,777 1,919 75,223 92,919 Additions 769 386 7,209 8,364 Transfers 405 -1,919 1,514 0On 31 December 2021 16,951 386 83,946 101,283 Additions6,522 246 8,981 15,749 Transfers-386 386 0On 31 December 2022 23,473 246 93,313 117,032 ACCUMULATED DEPRECIATION On 31 December 2020 13,045 - 61,361 74,406 Depreciation charge for the year 293 - 3,815 4,108 On 31 December 2021 13,338 - 65,176 78,514 Depreciation charge for the year 467 - 5,077 5,544 On 31 December 2022 13,805 0 70,253 84,058 CARRYING AMOUNT On 31 December 2022 9,668 246 23,060 32,974 On 31 December 2021 3,613 386 18,770 22,769 New investments amount to \u20ac 15,749K of which \u20ac 9,019K is attributable to the French acquisitions: \u20ac 5,945K for land and buildings and \u20ac 3,074K for furnishings and equipment. We always depreciate until residual value 0. The following depreciation rates are used for property, plant and equipment: Industrial, administrative, commercial buildings 5% Furniture 20% Vehicles 25% Installations, machinery and equipment 5% \u201333% depending on the life time The group has not pledged land and buildings to secure banking facilities granted to the group. 5.10. INTANGIBLE ASSETS Patents, trademarks and \u2018000 eur software purchased COST On 31 December 2020 1,927Additions 13 On 31 December 2021 1,940Additions 591On 31 December 2022 2,531ACCUMULATED DEPRECIATION On 31 December 2020 1,797Charge for the year 40On 31 December 2021 1,837Charge for the year 126On 31 December 2022 1,963CARRYING AMOUNT On 31 December 2022 568 On 31 December 2021 103 Of the \u20ac 591K additions, \u20ac 285K relates to the renewal of the IT infrastructure in Beerse. The set-up of a new IT structure in the French entities amounted to \u20ac 225K. The intangible assets included in the table have finite useful lives. Intangible assets are, depending on the category, depreciated over 3 to 8 years. 5.11. SUBSIDIARIES Details of the group\u2019s subsidiaries on 12/31/2022 are as follows: Place of incorporation Proportion (or registration) Proportion of of voting Name of subsidiary and operation ownership interest power held Principal activity Campine Recycling nv VAT: BE0474.955.451 Belgium 99,99% 100% Lead recycling Campine France sas TVA: FR83 911 549 699 (since 07/07/2022) France 100,00% 100% Lead recycling Campine recycled Polymers TVA: FR 59 342 238 649 (since 07/07/2022) France 100,00% 100% Plastic recycling There are no restrictions on the access to and use of the assets of the subsidiaries nor on the proceedings to settle commitments of the group. 5.12. INVENTORIES \u2018000 eur 12/31/2022 12/31/2021 Raw materials 15,060 12,738 Work-in-progress 12,314 9,603 Finished goods 24,662 23,062 52,036 45,403 The inventory per year-end includes an amount written-off of \u20ac 1,502K (2021: \u20ac 636K) because of the lower of cost and market value. The market value is the estimated selling price under normal circumstances less the estimated conversion cost and the estimated costs of realizing the sale (marketing, sales and distribution). The estimated sales price is determined using the LME (London Metal Exchange) quotations for lead. For the antimony price we refer to the current prices in combination with the already contracted purchase and sales contracts. The inventories are part of the plege on trade fund granted to the banks (see note 5.22). The increase is mainly due to the share of the inventory located in our French entities which reaches \u20ac 6,247K on 12/31/2022 (\u20ac 5,819K on 07/07/2022 point of acquisition). 5.13.FINANCIAL ASSETS The board of directors confirms that the carrying amount of trade and other receivables approximates their fair value as those balances are short-term. 5.13.1. Trade receivables \u2018000 eur 12/31/2022 12/31/2021Amounts receivable from the sale of goods 35,619 21,754 35,619 21,754 An allowance has been recorded for estimated irrecoverable amounts from the sale of goods of \u20ac 1,044K (2021: \u20ac 1,011K). This allowance has been determined on a case-by-case basis. Balances are written off when sufficiently certain that the receivable is definitely lost. The amount of the receivables of our French entities represents \u20ac 9,673K (\u20ac 2,810K on 07/07/2022 point of acquisition). The total amount from sales of goods amounting to \u20ac 35,619K includes \u20ac 17,022K subject to commercial factoring by a credit institute. Based on these receivables the credit institute can deposit advances on the account of Campine (\u20ac 9,625K on 12/31/2022, see note 5.16. Bank borrowings) and afterwards collects the receivables itself. The credit risk stays at Campine and is covered by a credit insurance. There are no significant overdue amounts, older than 30 days, which are not provided for and/or are not fully covered by a credit insurance. Management has evaluated the expected loss provision on trade receivables but concluded that there was no need for a (material) additional provision on top of the specific bad debt provisions already recorded. 5.13.2. Other receivables \u2018000 eur 12/31/2022 12/31/2021Other receivables 2,873 1,9152,873 1,915Other receivables principally comprise amounts reclaimed V.A.T. 5.13.3.Bank balances and cash Bank balances and cash comprise cash held by the group and short-term bank deposits with an original maturity of three months or less. The carrying amount of these assets approximates their fair value. 5.13.4.Credit risk The group\u2019s principal financial assets are bank balances and cash, trade and other receivables. The credit risk on liquid funds is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies. The group\u2019s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are after allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows. Concentrations of credit risk with respect to trade receivables are limited due to the group\u2019s customer base being large and unrelated. Due to this, the board of directors believes that there is no further credit risk provision required in excess of the allowance for bad and doubtful debts. Roll-forward of the allowances for doubtful debtors: \u2018000 eur 12/31/2022 12/31/2021 Opening allowance doubtful debtors 1,011 1,011Additions 33 -Reversals - -Closing allowance doubtful debtors 1,044 1,011 Included in the group\u2019s trade receivable balance are debtors with a carrying amount of \u20ac 2,453K (2021: \u20ac 2,430K) which are past due at the reporting date but for which the group has not provided as there has not been a significant change in credit quality and the amounts are still considered recoverable. The group has taken out a credit insurance for these amounts. The average age of these receivables is 13 days past due (2021: 20 days). 5.14.OTHER FINANCIAL ASSETS AND LIABILITIES 5.14.1.Derivatives For a detailed description we refer to accounting policy 5.2.6 Financial instruments mentioned in this report. The table below summarises the net change in fair value \u2013 realised and unrealised \u2013 of the positions on the LME lead / tin futures market where it sells forward lead and tin via future contracts. Fair value of Underlying lead \u2018000 eur current instruments volumes (in ton) On 31 December 2021 -65 2,650 On 31 December 2022 -632 5,150 The change in fair value in income statement amounts to \u20ac -612K (2021: \u20ac -786K). The fair value of the derivatives are included in the balance sheet as current liabilities \u2013 derivatives for \u20ac 632K. The classification of the fair value of the hedge instruments is level 1 (unadjusted quoted prices in an active market for identical assets or liabilities) in the \u201cfair value hierarchy\u201d of IFRS 13. 5.14.2 Lease obligations Roll forward of right-of-use assets: \u2018000 eur Company cars On 31 December 2020 402 Additions 158 Depreciation charge for the year -187 Disposals - On 31 December 2021 373 Additions 108 Depreciation charge for the year -89 Disposals - On 31 December 2022 392 Leased assets relate to company cars. The repayments of operating lease liabilities during 2022 amount to \u20ac 94K. The depreciation charges reached \u20ac -89K and the financial charges amounted to \u20ac 5K. The group also applies the practical expedients for operating leases of which the contract has a limited duration or operating leases where the underlying assets have a low value. There were no restrictions or purchase options related to the agreements which are not index related. Lease arrangements are negotiated for an average term of four years. 5.15. SHARE CAPITAL \u2018000 eur 12/31/2022 12/31/2021Authorised 1,500,000 ordinary shares of par value of 2.67 eur each 4,000 4,000Issued and fully paid 4,000 4,000The company has one class of ordinary shares which carry no right to fixed income. 5.16. BANK BORROWINGS (LEASE OBLIGATIONS EXCLUDED) \u2018000 eur 12/31/2022 12/31/2021Bank loans - investment credit 8,250 4,125Bank overdrafts 7,994 177Advances on factoring 10,951 7,64627,195 11,948Repayable borrowings Bank loans after more than one year 5,250 1,500Bank loans within one year 3,000 2,625Bank overdrafts 7,994 177Advances on factoring 10,951 7,64627,195 11,948Average interest rates paid Bank loans - investment credit 1.99% 1.50%Bank overdrafts 2.86% 1.58%Advances on factoring 1.73% 1.32%In the first semester 2022 Campine contracted new investment credits for an amount of \u20ac 7,500K, repayable over a period of 5 years. On 12/31/2022, \u20ac 6,750K was open on this new investment credit. Bank loans are arranged at fixed interest rates. Other borrowings (bank overdrafts and advances on factoring: \u20ac 18,945K on 12/31/2022 (\u20ac 5,110K on 07/07/2022 point of acquisition) (on 12/31/2021: \u20ac 7,823K) are arranged at floating rates, thus exposing the group to an interest rate risk (see note 5.26.1.). On 12/31/2022, the group had available \u20ac 22,455K (12/31/2021: \u20ac 17,359K) of undrawn committed borrowing facilities. In the credit agreements with our banks a number of covenants are agreed upon based on equity, solvency and stock rotation. On 12/31/2022 Campine complied with all covenants: \u2022The equity (corrected for intangible fixed assets and deferred taxes) amounted to \u20ac 59,557K on 12/31/2022 compared to the required minimum of \u20ac 22,000K. \u2022The solvency ratio on 12/31/2022 (47%) is in compliance with the required ratio of 30%. \u2022With a stock rotation (regarding the stock in Belgium) of 64 days Campine complied to the stock rotation ratio (< 90 days) on 12/31/2022. Roll forward financial liabilities and reconciliation with cash flow: \u2018000 eur 12/31/2022 Financing cash-flow 12/31/2021 Bank overdrafts 7,994 7,817 177Advances on factoring 10,951 3,305 7,646Bank loans - investment credit 8,250 4,125 4,12527,195 15,247 11,9485.17.DEFERRED TAX The following are the major deferred tax liabilities and assets recognised by the group, and the movements thereon, during the current and prior reporting periods. Timing differences Positive Retirement on fixed fair value benefit Fiscal Capital \u2018000 eur assets derivatives obligations losses Others Grants Total On 31 December 2020 3 23 -112 - - - -86 Charge/(credit) to result for the year -2 -23 -11 - 12 219 195 Charge/(credit) to other comprehensive income -- 6 - - - 6On 31 December 2021 1 - -117 - 12 219 115 Charge/(credit) to result for the year 552 - 26 - -108 -31 439income Charge/(credit) to other comprehensive -- 21 - - - 21On 31 December 2022 553 0 -70 - -96 188 575The balance of \u20ac 575K (12/31/2021: \u20ac 115K) consists of a deferred tax asset ad \u20ac 166K (12/31/2021: \u20ac 104K) and a deferred tax liability of \u20ac 741K (12/31/2021: \u20ac 219K). The changes are mainly due to the acquistion of the French entities. In the opening balance sheet, we assumed \u20ac 1,112K of deferred tax liability of which \u20ac 672K was utilised subsequent to the acquisition. The other part of the deferred tax liabilities (\u20ac 188K) relates to the investment grant of \u20ac 1 million that Campine received in 2021. 5.18.TRADE AND OTHER PAYABLES 5.18.1Trade payables Trade creditors and accruals principally comprise amounts outstanding for trade purchases. The carrying amount of trade payables approximates their fair value as those balances are short-term. There are no trade payables older than 60 days (with the exception of disputes), hence an age analysis is irrelevant. \u2018000 eur 12/31/2022 12/31/2021 Trade creditors and accruals 23,143 24,25123,143 24,251The trade payables of the French entities amount to \u20ac 6,925K on 12/31/2022 (\u20ac 5,110K on 07/07/2022 point of acquisition). 5.18.2 Other payables \u2018000 eur 12/31/2022 12/31/2021Other payables and accruals 5,091 5,2175,091 5,217Other payables and accruals principally comprise amounts outstanding for ongoing costs. 5.18.3 Capital grants \u2018000 eur 12/31/2022 12/31/2021Capital grants 1,249 6561,249 656Capital grants comprise amounts which are spread in the proceeds. The changes are due to the acquistion of the French entities. 5.19.LIQUIDITY RISK The following table details the group\u2019s remaining contractual maturity for its non-derivative financial liabilities. The table has been drawn based on the undiscounted cash flows of financial liabilities based on the earliest date on which the group can be required to pay. 12/31/2022 12/31/2021 \u2018000 eur < 1 year 1-5 years > 5 years < 1 year 1-5 years > 5 years Trade liabilities 23,143 - - 24,251- - Other liabilities 6,955- - 5,217- - Bank overdrafts and loans 10,994 5,250 - 2,8021,500 - Advances on factoring 10,951 - - 7,646- - Lease obligations 208 184 - 167 206 - Other liabilities consist of other payables, capital grants and provisions for production waste. 5.20.FINANCIAL INSTRUMENTS The major financial instruments of the group are financial and trade receivables and payables, investments, cash and cash equivalents as well as derivatives. The financial instruments as on 12/31/2022 are presented below: \u2018000 eur Categories Book value Fair value Level I. Fixed assets II. Current Assets Trade receivables A 35,619 35,619 2Other receivables A 2,873 2,873 3Cash paid in escrow A 57 57 2Cash and cash equivalents B2,908 2,908 1Total financial instruments on the assets side of the 41,457 41,457balance sheet I. Non-current liabilities Interest-bearing liabilities A 5,250 5,284 2Obligations under leases A 184 184 2II. Current liabilities Interest-bearing liabilities A 21,945 21,945 2Current trade debts A 23,143 23,143 2Current other debts A 5,019 5,019 3Obligations under leases A 208 208 2Derivatives C 632 632 1Total financial instruments on the 56,381 56,415 liabilities side of the balance sheet The financial instruments as on 12/31/2021 are presented below: \u2018000 eur Categories Book value Fair value Level I. Fixed assets II. Current Assets Trade receivables A 21,754 21,754 2Other receivables A 1,915 1,915 3Cash and cash equivalents B153 153 1Total financial instruments on the assets side of the 23,822 23,822balance sheet I. Non-current liabilities Interest-bearing liabilities A 1,500 1,500 2Obligations under leases A 206 206 2II. Current liabilities Interest-bearing liabilities A 10,448 10,448 2Current trade debts A 24,251 24,251 2Current other debts A 4,561 4,561 3Capital grants A 656 656 3Obligations under leases A 167 167 2Total financial instruments on the 41,854 41,854 liabilities side of the balance sheet The categories correspond with the following financial instruments: A. Financial assets or liabilities held until maturity, at the amortised cost. B. Investments held until maturity, at the amortised cost. C. Assets or liabilities, held at the fair value through the profit and loss account. The aggregate financial instruments of the group correspond with levels 1 and 2 in the fair values hierarchy. \u2022Level 1: unadjusted quoted prices in an active market for identical assets or liabilities. \u2022Level 2: the fair value based on other information, which can, directly or indirectly, be determined for the relevant assets or liabilities. \u2022Level : valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable. The valuation techniques regarding the fair value of the level 2 financial instruments are the following: \u2022The fair value of the other level 2 financial assets and liabilities is almost equal to their book value: - either because they have a short-term maturity (like trade receivables and debts), - or because they have a variable interest rate. \u2022For fixed-income payables the fair value was determined using interest rates that apply to active markets. 5.21. PROVISIONS AND CLAIMS \u2018000 eur Soil sanitation cost Other TotalOn 31 December 2021 995 190 1,185Additional provision 5,070 -20 5,050On 31 December 2022 6,065 170 6,235\u2018000 eur 12/31/2022 12/31/2021Analysed as: Current liabilities - -Non-current liabilities 6,235 1,1856,235 1,185The provisions amounted to \u20ac 6,235K on 12/31/2022. These mainly relate to the soil sanitation obligation (\u20ac 6,065K) on and around the site of the group and other environmental items. The increase is mainly due to the French acquisition which also brought with it, a probable need for soil contamination remediation, and an increase of the existing liabilities for the Beerse site as a result of inflation. Finally, a newly decided investment project for Belgium in 2022, requires upfront soil remediation costs, which explain the remainder of the increase. The provisions were determined in compliance with the requirements of OVAM \u2013 by an independent study bureau. Campine is subject to proceedings, lawsuits and other claims related to products and other matters. We are required to assess the likelihood of any adverse judgements or outcomes to these matters as well as potential ranges of probable and reasonably possible losses. A determination of the amount of liability to be recorded, if any, for these contingencies is made after careful analysis of each individual issue. There are currently no claims for which the probability of a cash outflow is considered possible or probable. 5.22.CONTINGENT LIABILITIES The pledge on trade fund was granted to the banks for a maximum amount of \u20ac 41,250K (12/31/2021: \u20ac 25,740K) but limited to the maximum amount of financing which amounted to \u20ac 24,567K on 12/31/2022 (12/31/2021: 11,795K). 5.23.SHARE-BASED PAYMENTS During the financial year closed on 12/31/2022 none of the members of the executive management team received any shares, share options or other rights to acquire shares of the company or group. 5.24. EMPLOYEE BENEFITS EXPENSE \u2018000 eur 12/31/2022 12/31/2021Long term Pension cost (incl. early retirement) 560 496Short term Salaries 12,964 11,189Contribution social security 3,881 3,048Structural reduction social contribution -1,041 -910Other employee benefits expense 1,716 1,59318,080 15,416Average number of FTE\u2019s 228 188The total impact of the French entities was \u20ac 1,654K which was related to the second semester 2022. 5.25.POST RETIREMENT BENEFITS Following amounts with regard to the (early) retirement are booked on the balance sheet: \u2018000 eur 12/31/2022 12/31/2021 Defined benefit plan 1,096 1,168Early retirement provision 414 551,510 1,2235.25.1.Pension benefit plan The group operates a funded pension benefit plan for qualifying employees of Campine and its subsidiary in Belgium. The pension benefit plan foresees an amount based on the salary and seniority payable as of the age of 65. For the financed plans, plan assets consist of mixed portfolios of shares, bonds or insurance contracts. The plan assets do not contain direct investments in Campine shares or in fixed assets or other assets used by the group. The current plans for which active contributions are paid consist only of \u201cdefined contribution\u201d plans. Just for white-collar workers with a higher seniority there are still ongoing \u201cdefined benefit\u201d plans, but no active contributions are being paid for these anymore. The current value of the retirement benefit obligations and the assets has evolved as follows: Pension obligation Net liability / \u2018000 eur (IAS 19) Plan Assets Deficit(asset) On 31 December 2021 6,990 -5,822 1,1681,168Components of defined benefit cost Service cost in P/L - - --Current service cost (net of employee contributions) 481 - -481Past service cost (incl. effect of curtailments) - - --Settlement (gain)/loss - - --Service cost 481Net interest on the net liability / (asset) in P/L Interest cost on pension obligation 68 - -68 Interest income on plan assets - -59 --59Interest on effect of the asset ceiling - - --Net interest 9Administration costs paid from plan assets in P/L -Components of defined benefit cost recognised in P/L 490Remeasurements of the net liability / (asset) in OCI Actuarial (gain) / loss arising from - Changes in demographic assumptions - - --- Changes in financial assumptions -2,261 - --2,261- Experience adjustments 216 - -216Return on plan assets (excl. amounts in net interest) - 1,963 -1,963Change in effect of the asset ceiling (excl. amounts in net interest) - - --Total remeasurement recognised in OCI -82 Defined benefit cost (total amount recognised in P/L and OCI) 408 Cash Flows Employee contributions - - - -Employer contributions to plan assets (incl. 4.4% taxes) - -480 - -480Benefit payments from plan assets -101 101 - -Direct benefit payments by employer - - - -Taxes paid from plan assets (4.4%) -18 18 - -Taxes paid directly by employer (8.86%) -37 37 - -On 31 December 2022 5,338 -4,242 1,096 1,096Pension obligation Net liability / \u2018000 eur (IAS 19) Plan Assets Deficit (asset) On 31 December 2020 7,326 -6,208 1,118 1,118Components of defined benefit cost Service cost in P/L - - - -Current service cost (net of employee contributions) 516 - - 516Past service cost (incl. effect of curtailments) - - - - Settlement (gain)/loss - - - -Service cost 516Net interest on the net liability / (asset) in P/L Interest cost on pension obligation 25 - - 25Interest income on plan assets - -22 - -22 Interest on effect of the asset ceiling - - - -Net interest 3Administration costs paid from plan assets in P/L -Components of defined benefit cost recognised in P/L 519Remeasurements of the net liability / (asset) in OCI Actuarial (gain) / loss arising from - Changes in demographic assumptions - - - -- Changes in financial assumptions -699 - - -699 - Experience adjustments 80 - - 80Return on plan assets (excl. amounts in net interest) - 598 - 598Change in effect of the asset ceiling (excl. amounts in net interest) - - - -Total remeasurement recognised in OCI -21 Defined benefit cost (total amount recognised in P/L and OCI) 498 Cash Flows Employee contributions - - - - Employer contributions to plan assets (incl. 4.4% taxes) - -448 - -448 Benefit payments from plan assets -206 206 - - Direct benefit payments by employer - - - - - - - - Taxes paid from plan assets (4.4%) -17 17 - - Taxes paid directly by employer (8.86%) -35 35 - - On 31 December 2021 6,990 -5,822 1,168 1,168 The average duration of the benefit plan with fixed income is 13 years. The average duration of the benefit plan with fixed costs is 16 years. Major actuarial assumptions in use at balance sheet date: 12/31/2022 12/31/2021Discount rate 3.80% 0.98%Expected rate of salary increases 3.20% 2.90%Inflation 2.20% 1.90%Split of the plan assets on balance sheet date: 12/31/2022 12/31/2021Equity securities, incl. cash 5% 5%Fixed income securities 95% 95%100% 100%Sensitivity analysis of a percentage increase or decrease in the discount rate or an increase in salary to the retirement benefit obligation: Discount rate -0.50% 0.50% Assumptions 3.30% 3.80% 4.30%Pension obligation (K eur) 5,620 5,338 5,092Salary increase -0.50% 0.50%Assumptions 2.70% 3.20% 3.70%Pension obligation (K eur) 5,292 5,338 5,385The group expects to contribute \u20ac 412K to its defined benefit plans in 2023. 5.25.2.Early retirement provisions Early retirement provisions are set up based on agreements with those affected on amounts to be paid until the age of 65 year. The provision on 12/31/2022 amounts to \u20ac 14K (on 12/31/2021: \u20ac 55K). For the French entities, provisions have also been made for pensions and seniority for a total amount of \u20ac 400K. 5.26.MARKET RISK 5.26.1.Interest risk Funding of the company is done through bank loans, bank overdrafts and factoring. On 12/31/2022 bank loans amounted to \u20ac 8,250K, bank overdrafts and advances on factoring amounted to \u20ac 18,945K. Bank loans are arranged at fixed rates. The bank overdrafts and advances on factoring are arranged at variable rates (see note 5.16.). An increase or decrease of the interest with 10% would have an impact on the income statement of \u20ac -42K (in case of 10% increase) or \u20ac +42K (in case of 10% decrease) based upon the amount on 12/31/2022. The retained earnings will also be influenced. 5.26.2.Foreign Exchange risk The group is managing its foreign currency risk by matching foreign currency cash inflows with foreign cash outflows (USD is our main foreign currency). An increase or decrease of the USD/EUR rate with 10% would have an impact on the income statement of \u20ac -80K (in case of 10% increase) or \u20ac +80K (in case of 10% decrease) based upon the assets and liabilities denominated in USD on 12/31/2022. The retained earnings will also be influenced. 5.26.3.Price risk The value of these fixed price contracts and the future LME commitments are both shown in the balance sheet; changes in the values will be shown in the profit and loss account (see note 5.14.1. Derivatives). There is no price risk on the fixed price contracts as the impact of price fluctuation on respective fixed purchase and sell contracts are compensated by the impact on the respective sell and purchase contracts on the LME. A movement of the LME lead- and tin futures price by 10% would have impacts on the income statement. The immediate effect based on the underlying open position on 12/31/2022 of a price fall of 10% would be \u20ac +1,128K or of a price raise of 10% would be \u20ac -1,128K. 5.27.EVENTS AFTER THE BALANCE SHEET DATE The company and group have not been impacted by the current bank crisis and has no exposure to US or Swiss banks. On March 8th 2023 the European General Court of the EU decided in favour of Campine in the case of Campine against the EC for interest refund. Campine claimed back \u20ac 300K of interest based on the 2019 judgement of Campine\u2019s limited involvement in the battery case. The European Commission can appeal against this verdict. No other significant events occurred after the close of the year. 5.28.RELATED PARTIES As to the transparency notification of 9 July 2019 the current shareholder structure of Campine is: Name Number of shares % of the voting rights F.W. Hempel Metallurgical GmbH Wei\u00dfensteinstra\u00dfe 70, 46149 Oberhausen, Germany 1.077.900 71,86% The ultimate parent of the group is the F.W. Hempel Familienstiftung. The ultimate controlling person is Mr Friedrich-Wilhelm Hempel. Transactions between the company and its subsidiary, which are related parties of the company, have been eliminated on consolidation and are not disclosed in this note. Transactions between the group and the management and key-management are disclosed in the Remuneration report. Details of transactions between the group and other related parties are disclosed below. 5.29.RELATED PARTY TRANSACTIONS All related party transactions are conducted on a business base and in accordance with all legal requirements and the Corporate Governance Charter. 5.29.1.Trading transactions In 2022, group entities entered into the following trading transactions with related parties that are not members of the group: \u2022Purchase of lead wastes from Hempel Legierungsmetalle GmbH for \u20ac 832K (2021: \u20ac 930K). There is no open amount on 12/31/2022. 5.29.2.Other transactions The companies below passed through personnel and IT expenses to the Campine group: \u2022F.W. Hempel Metallurgical: \u20ac 325K (2021: \u20ac 341K). Open amount on 12/31/2022: \u20ac 14K. \u2022F.W. Hempel & Co Erze und Metalle: \u20ac 98K (2021: \u20ac 103K). There is no open amount on 12/31/2022. The Campine group passed through personnel and IT expenses to F.W. Hempel & Co Erze und Metalle: \u20ac 8K (2021: \u20ac 8K). There is no open amount on 12/31/2022. 5.30.RIGHTS AND OBLIGATIONS NOT INCLUDED IN THE BALANCE SHEET Commercial commitments: There are firm commitments to deliver or receive metals to customers or from suppliers at fixed prices. \u2018000 eur 12/31/2022 12/31/2021 Commercial commitments for metals purchased (to be received) 6,729 10,026Commercial commitments for metals sold (to be delivered) 17,336 18,378 5.31.COMPENSATION OF KEY MANAGEMENT PERSONNEL The total remuneration of the executive management team including the board members amounts to \u20ac 2,328K (2021: \u20ac 2,263K). \u2018000 eur 12/31/2022 12/31/2021 Board Fixed remuneration 141 133 Tanti\u00e8me 90 90 Executive management team (incl. CEO) Fixed remuneration 1,507 1,411Other benefits 53 53 Pension cost 38 38Variable remuneration one year 349 338Variable remuneration multiple year 150 200Total compensation paid to key management personnel 2,328 2,263 None of the above-mentioned persons received any shares, share options or other rights to acquire shares of the company or group. The remuneration of the members of the executive management team is decided upon by the Nomination and Remuneration committee, based on market trends and individual performances. 5.32.APPROVAL OF FINANCIAL STATEMENTS The financial statements were approved by the board of directors and authorised for issue on 10 March 2023. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfNotesAndOtherExplanatoryInformationExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__14-1": {
"value": "5.1.GENERAL INFORMATION Campine nv (\u2018the company\u2019) is a limited liability company incorporated in Belgium. The addresses of its registered office and principal place of business are disclosed in the Corporate Data. The principal activities of the company and its subsidiaries (\u2018the group\u2019) are described in this annual report (see note 5.11). Campine has been listed on the Stock Exchange since 18 October 1936, originally under the name \u201cCompagnie Chimique et Metallurgique de la Campine\u201d. The share price can now be found under Euronext stock exchange code \u2018CAMB\u2019 and the name \u2018Campine nv\u2019.5.2.SIGNIFICANT ACCOUNTING POLICIES The financial statements have been prepared based on the International Financial Reporting Standards as adopted by the EU (\u201cIFRS\u201d). This year, the group has applied all new and revised standards and interpretations that are relevant to its business and that are effective for the annual reporting period commencing on January 1, 2022. The group has not early adopted any other standard, interpretation or amendment that has been issued but is not yet effective.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__6": {
"value": "Campine",
"dimensions": {
"concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__8": {
"value": "nv",
"dimensions": {
"concept": "ifrs-full:LegalFormOfEntity",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__9": {
"value": "Belgium",
"dimensions": {
"concept": "ifrs-full:CountryOfIncorporation",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__18": {
"value": "5.2.SIGNIFICANT ACCOUNTING POLICIES The financial statements have been prepared based on the International Financial Reporting Standards as adopted by the EU (\u201cIFRS\u201d). This year, the group has applied all new and revised standards and interpretations that are relevant to its business and that are effective for the annual reporting period commencing on January 1, 2022. The group has not early adopted any other standard, interpretation or amendment that has been issued but is not yet effective.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__16-1": {
"value": "5.2.SIGNIFICANT ACCOUNTING POLICIES The financial statements have been prepared based on the International Financial Reporting Standards as adopted by the EU (\u201cIFRS\u201d). This year, the group has applied all new and revised standards and interpretations that are relevant to its business and that are effective for the annual reporting period commencing on January 1, 2022. The group has not early adopted any other standard, interpretation or amendment that has been issued but is not yet effective. Following standards and interpretations became applicable for 2022: \u2022Amendments to IAS 16 Property, plant and equipment \u2013 Proceeds before intended use, effective 1 January2022 \u2022Amendments to IAS 37 Provisions, contingent liabilities and contingent assets \u2013 onerous contracts\u2014cost of fulfilling a contract, effective 1 January 2022 \u2022Amendments to IFRS 3 Business combinations \u2013 References to the conceptual framework, effective 1 January2022 \u2022Annual Improvements Cycle - 2018-2020, effective 1 January 2022These changes had no significant impact on Campine\u2019s consolidated financial statements. Standards and interpretations issued but not yet effective on 1 January 2022: \u2022Amendments to IAS 1 Presentation of Financial Statements \u2013 Classification of Liabilities as Current or Non- 1current (the 2020 amendments and 2022 amendments), effective 1 January 2024\u2022Amendments to IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2: Disclosure of Accounting policies, effective 1 January 2023\u2022Amendments to IAS 8 Accounting policies, Changes in Accounting Estimates and Errors: Definition ofAccounting Estimates, effective 1 January 2023\u2022Amendments to IAS 12 Income Taxes: Deferred Tax related to Assets and Liabilities arising from a SingleTransaction, effective 1 January 2023 \u2022Amendments to IFRS 16 Leases: Lease Liability in a Sale and Leaseback, effective 1 January 2024 \u2022Amendments to IFRS 17 Insurance contracts: Initial Application of IFRS 17 and IFRS 9 \u2013 ComparativeInformation, effective 1 January 2023\u2022IFRS 17 Insurance Contracts, effective 1 January 2023 With regard to the standards effective from 1 January 2023, the group is currently analyzing the impact of these amendments on Campine\u2019s consolidated financial statements. With regard to the standards that will become effective from January 1, 2024, the group will start this analysis during the second half of 2023. 1 Not yet endorsed by the EU as per 10 November 2022 5.2.1.Basis of consolidation The consolidated financial statements incorporate the financial statements of the company and entities controlled by the company (its subsidiaries). An investor controls an investee when it is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. The results of subsidiaries acquired or disposed of during the year are included in the financial information from the effective date of acquisition and up to the effective date of disposal, as appropriate. Where necessary, adjustmentsare made to the financial statements of subsidiaries to bring their accounting policies into line with those used by other members of the group. All intra-group transactions, balances, income and expenses are eliminated on consolidation. Changes in the group\u2019s interest in a subsidiary that do not result in a loss of control are accounted for as equity transactions. The carrying amounts of the group\u2019s interests and the non-controlling interests are adjusted to reflect the changes in their relative interests in the subsidiary. When the group loses control of a subsidiary, the profit or loss on disposal is calculated as the difference between (i) the aggregate of the fair value of the consideration received and the fair value of any retained interest and (ii) the previous carrying amount of the assets (including goodwill) and liabilities of the subsidiary and any non-controlling interests. Amounts previously recognised in other comprehensive income in relation to the subsidiary are accounted for (i.e. re-classified to profit or loss or transferred directly to retained earnings) in the same manner as would be required if the relevant assets or liabilities were disposed of. The fair value of any investment retained in the former subsidiary at the date when control is lost is regarded as the fair value on initial recognition for subsequent accounting under IFRS 9 Financial Instruments or, when applicable, the cost on initial recognition of an investment in an associate or jointly controlled entity. Non-controlling interests in subsidiaries are identified separately from the group\u2019s equity therein. The interest of non-controlling shareholders may be initially measured either at fair value or at the noncontrolling interests\u2019 proportionate share of the fair value of the acquiree\u2019s identifiable net assets. The choice of measurement basis is made on an acquisition-by- acquisition basis. Subsequent to acquisition, the carrying amount of non-controlling interests is the amount of those interests at initial recognition plus the non-controlling interests\u2019 share of subsequent changes in equity. Total comprehensive income is attributed to noncontrolling interests even if this results in the noncontrolling interests having a deficit balance. 5.2.2.Business combinations The acquisition of subsidiaries is accounted for using the purchase method. The cost of the acquisition is measured at the aggregate of the fair values, at the date of acquisition, of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquiree. The acquiree\u2019s identifiable assets, liabilities and contingent liabilities that meet the conditions for recognition under IFRS 3 (\u201cBusiness combinations\u201d) are recognised at their fair values at the acquisition date, except for noncurrent assets (or disposal groups) that are classified as held for sale, which are recognised and measured at fair value less costs to sell. Acquisition-related costs are recognised in profit or loss as incurred. Where applicable, the consideration for the acquisition includes any asset or liability resulting from a contingent consideration arrangement, measured at its acquisition-date fair value. Subsequent changes in such fair values are adjusted against the cost of acquisition where they qualify as measurement period adjustments (see below). All other subsequent changes in the fair value of contingent consideration classified as an asset or liability are accounted for in accordance with relevant IFRS. Changes in the fair value of contingent consideration classified as equity are not recognised. Where a business combination is achieved in stages, the group\u2019s previously held interests in the acquired entity are remeasured to fair value at the acquisition date (i.e. the date the group attains control) and the resulting gain or loss, if any, is recognised in profit or loss. Amounts arising from interests in the acquire prior to the acquisition date that have previously been recognised in other comprehensive income are reclassified to profit or loss, where such treatment would be appropriate if that interest were disposed of. If the fair value of the net assets acquired is in excess of the aggregate consideration transferred, the Group re-assesses whether it has correctly identified all of the assets acquired and all of the liabilities assumed and reviews the procedures used to measure the amounts to be recognised at the acquisition date. If the reassessment still results in an excess of the fair value of net assets acquired over the aggregate consideration transferred, then the gain is recognised in profit or loss. Goodwill Goodwill arising on acquisition is recognised as an asset and initially measured at cost, being the excess of the cost of the business combination over the group\u2019s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognised. If, after reassessment, the group\u2019s interest in the net fair value of the acquiree\u2019s identifiable assets, liabilities and contingent liabilities exceeds the cost of the business combination, the excess (negative consolidation difference) is recognised immediately in profit or loss. The interest of minority shareholders in the acquire is initially measured at the minority\u2019s proportion of the net fair value of the assets, liabilities and contingent liabilities recognised. 5.2.3.Revenue from Contracts with Customers IFRS 15 establishes a five-step model to account for revenue arising from contracts with customers: \u2022Identify the contract. \u2022Identify the performance obligations. \u2022Determine the transaction price. \u2022Allocate the transaction price to the performance obligations in the contract. \u2022Recognise revenue when or as the group satisfies a performance obligation. Under IFRS 15, revenue is recognised at an amount that reflects the consideration to which an entity expects to be entitled in exchange for transferring goods or services to a customer. Nature of sales transactions: The group is active in the metal business and thus contracts with customers generally concern the sale of these metal products, which qualify as separate performance obligations. Ancillary services, such as transport, are not material. As a result, revenue recognition generally occurs at a point in time, when control of the products is transferred to the customer, generally on delivery of the goods and considering the underlying incoterm. The group is not involved in transactions and/or contracts including volume rebates, trade discounts, (ancillary) services, customer assistance services or bundled sales contracts of a material nature. Campine works with direct sales people for most of its sales in Europe and with distributors and agents in the rest of the world. The direct sales/purchasing employees are on Campine\u2019s payroll or work on a self-employed basis with a service contract. The distributors and agents are remunerated through commission, which is then also part of the purchase costs. 5.2.4.Leases Definition of \u2018lease\u2019 A contract is or contains a lease if it conveys a right to control the use of an identified asset for a period of time in exchange for a consideration. To determine whether a lease confers the right to control use of a determined asset for a determined period of time, the entity must appreciate whether, throughout the period of use, it has the right to: \u2022Obtain substantially all of the economic benefits from the use of the asset. \u2022Direct the use of the asset. To determine the duration of the leases, any options for renewal or termination have been considered as required by IFRS 16 taking into account the probability of exercising the option and only if it is under the control of the lessee. At the start of the lease, the lessee recognises a right-of-use asset and a lease liability. For leases with a maximum duration of 12 months or leases of assets with low value, Campine applies the practical exemption in IFRS 16. Hence, these leases are not presented on the balance sheet. Right-of-use assets The group recognises right-of-use assets on the commencement date of the contract, i.e. the date on which the asset becomes available for use. These assets are valued at the initial cost of the lease liability minus depreciation and any impairment, adjusted to take into account any revaluations of the lease liability. The initial cost of the right-of-use assets includes the present value of the lease liability, the initial costs incurred by the lessee, rent payments made on the start date or before that date, minus any incentives obtained by the lessee. These assets are depreciated over the estimated lifetime of the underlying asset or over the duration of the contract if this period is shorter, unless the group is sufficiently certain of obtaining ownership of the asset at the end of the contract. Right-of-use assets are presented separately from other assets as a different line under non-current assets. Lease liabilities The lease liability is valued at the present value of the rent payments that have not yet been paid. The present value of the rent payments must be calculated using the interest rate implicit in the lease if it is possible to determine that rate. If not, the lessee must use its incremental borrowing rate. The incremental borrowing rate is the interest rate that the lessee would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of similar value to the right-of-use asset in a similar economic environment. Over the duration of the contract, the lessee values the lease obligation as follows: \u2022By increasing the carrying amount to reflect the interest on the lease liabilities. \u2022By reducing the carrying amount to reflect the rent payments made. \u2022By revaluing the carrying amount to reflect the new value of the lease obligation or modifications to the lease. Lease liabilities are presented in a separate line on the balance sheet. Payments for the capital reimbursement and the interests are presented under financing activities in the statement of cash flows. 5.2.5.Foreign currencies The individual financial statements of each group entity are presented in the currency of the primary economic environment in which the entity operates (its functional currency). Currently, the group consists of Campine NV, Campine Recycling NV, Campine France SAS and Campine recycled Polymers SAS. For the purpose of the consolidated financial statements, the results and financial position of each entity are expressed in EUR, which is the functional currency of the company, and the presentation currency for the consolidated financial statements. In preparing the financial statements of the individual entities, transactions in currencies other than the entity\u2019s functional currency (foreign currencies) are recorded at the rates of exchange prevailing on the dates of the transactions. At each balance sheet date, monetary items denominated in foreign currencies are retranslated at the rates prevailing on the balance sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency remain at historical rate. Exchange differences arising on the settlement of monetary items, and on the retranslation of monetary items, are included in profit or loss for the period (within other operating income/expenses). 5.2.6.Financial instruments Classification and measurement of financial assets and financial liabilities Financial assets and financial liabilities are recognised when a group entity becomes a party to the contractual provisions of the instrument. Financial assets and financial liabilities are initially measured at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets and financial liabilities at fair value through profit or loss) are added to or deducted from the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly attributable to the acquisition of financial assets or financial liabilities at fair value through profit or loss are recognised immediately in profit or loss. Trade receivables, cash and cash equivalents and bank loans are classified and measured at amortised cost under IFRS 9. Lease liabilities are measured in accordance with IFRS 16. Debt instruments that meet the following conditions are subsequently measured at amortised cost: \u2022The financial asset is held within a business model whose objective is to hold financial assets in order to collect contractual cash flows. \u2022The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principle and interest on the principal amount outstanding. The effective interest method is a method of calculating the amortised cost of a debt instrument and of allocating interest income over the relevant period. The amortised cost of a financial asset is the amount at which the financial asset is measured at initial recognition minus the principal repayments, plus the cumulative amortization using the effective interest method of any difference between that initial amount and the maturity amount, adjusted for any loss allowance. On the other hand, the gross carrying amount of a financial asset is the amortised cost of a financial asset before adjusting for any loss allowance. Classification and measurement of financial liabilities of the group has not been modified by the requirements of IFRS 9. All financial liabilities of the group are subsequently measured at amortised cost using the effective interest rate method. Impairment of financial assets In relation to the impairment of financial assets, IFRS 9 requires an expected credit loss model. The expected credit loss model requires the group to account for expected credit losses and changes in those expected credit losses at each reporting date to reflect changes in credit risk since initial recognition of the financial assets. Specifically, IFRS 9 requires the group to recognise a loss allowance for expected credit losses on trade receivables and cash and cash equivalents. The amount of expected credit losses is updated at each reporting date to reflect changes in credit risk since initial recognition of the respective financial instrument. IFRS 9 provides a simplified approach for measuring the loss allowance at an amount equal to lifetime expected credit losses for trade receivables without a significant financing component (short-term trade receivables). The expected credit losses on these financial assets are estimated using a provision matrix based on the group\u2019s historical credit loss experience adjusted for factors that are specific to the debtors, general economic conditions and an assessment of both the current as well as the forecast direction of conditions at the reporting date, including time value of money where appropriate. All bank balances are assessed for expected credit losses at each reporting date as well. Definition of default The group considers the following as constituting an event of default for internal credit risk management purposes as historical experience indicates that receivables that meet either of the following criteria are generally not recoverable: \u2022When there is a breach of financial covenants by the counterparty; or \u2022Information developed internally or obtained from external sources indicates that the debtor is unlikely to pay its creditors, including the group, in full (without taking into account any collateral held by the group) Irrespective of the above analysis, the group considers that default has occurred when a financial asset is more than 90 days past due unless the group has reasonable and supportable information to demonstrate that a more lagging default criterion is more appropriate. Credit-impaired financial assets A financial asset is credit-impaired when one or more events that have a detrimental impact on the estimated future cash flows of that financial asset have occurred. Evidence that a financial asset is credit- impaired includes observable data about the following events: \u2022Significant financial difficulty of the issuer or the borrower. \u2022A breach of contract, such as a default or past due event. \u2022The lender(s) of the borrower, for economic or contractual reasons relating to the borrower\u2019s financial difficulty, having granted to the borrower a concessions(s) that the lender(s) would not otherwise consider. \u2022It is becoming probable that the borrower will enter bankruptcy or other financial reorganisation. or \u2022The disappearance of an active market for that financial asset because of financial difficulties. Write-off policy The group writes off a financial asset when there is information indicating that the counterparty is in severe financial difficulty and there is no realistic prospect of recovery, e.g. when the counterparty has been placed under liquidation or has entered into bankruptcy proceedings, or in the case of trade receivables, when the amounts are over two years past due, whichever occurs sooner. Financial assets written off may still be subject to enforcement activities under the group\u2019s recovery procedures, taking into account legal advice where appropriate. Any recoveries made are recognised in profit or loss. Derivative financial instruments The group enters into a variety of derivative financial instruments to manage its exposure to commodity price risk. Derivatives are initially recognised at fair value at the date the derivative contracts are entered into and are subsequently remeasured to their fair value at the end of each reporting period. The resulting gain or loss is recognised in profit or loss immediately. Depending on the market situation, in combination with the established purchase and sales contracts, both purchase and sales hedging contracts are used. The remaining volumes are partially offset against long-term financial hedging. 5.2.7.Borrowing costs Borrowing costs are recognised in profit or loss in the period in which they are incurred, unless they are directly attributable to qualifying assets, in which case they are capitalised. 5.2.8.Government grants Capital grants are presented on a separate line \u201ccapital grants\u201d in the consolidated balance sheet. Government grants are recognised in profit or loss (in other operating income) over the periods necessary to match them with the related costs. Government grants related to later periods are presented in the financial statements as deferred income in a separate section of current liabilities. Since 2022, these are now separately shown. If the government grant relates directly to an investment, it is deducted from the investment costs or taken to the income statement as other debts over the depreciation period of the asset to which it relates. 5.2.9.Retirement benefit costs and termination benefits For defined benefit retirement benefit plans, the cost of providing benefits - as well as the defined contribution plans - is determined using the projected unit credit method, with actuarial valuations being carried out at the end of each annual reporting period. Remeasurement, comprising actuarial gains and losses, the effect of the changes to the asset ceiling (if applicable) and the return on plan assets (excluding interest), is reflected immediately in the statement of financial position with a charge or credit recognised in other comprehensive income is reflected immediately in retained earnings and will not be reclassified to profit or loss. Past service cost is recognised in profit or loss in the period of a plan amendment. Net interest is calculated by applying the discount rate at the beginning of the period to the net defined benefit liability or asset. Benefit costs are categorised as follows: \u2022Service cost (including current service cost, past service cost, as well as gains and losses on curtailments and settlements). \u2022Net interest expense or income. \u2022Remeasurement. The group presents the first 2 components of benefit costs in profit and loss in the line item employee benefits expense. Curtailment gains and losses are accounted for as past service costs. The 3rd component is recognised directly to other comprehensive income. The retirement benefit obligation recognised in the consolidated statement of financial position represents the actual deficit or surplus in the group\u2019s benefit plans. Any surplus resulting from this calculation is limited to the present value of any economic benefits available in the form of refunds from the plans or reductions in future contributions to the plans. A liability for a termination benefit is recognised at the earlier of when the entity can no longer withdraw the offer of the termination benefit and when the entity recognises any related restructuring costs. 5.2.10.Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The group\u2019s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised on differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit, and is accounted for using the balance sheet liability method. Deferred tax liabilities are generally recognised for all taxable temporary differences and deferred tax assets are recognised to the extent that it is probable that taxable profits will be available against which deductible temporary differences can be utilised. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset realised. Deferred tax is charged or credited to profit or loss, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when there is a legally enforceable right to set off current tax assets against current tax liabilities and when they relate to income taxes levied by the same taxation authority and the group intends to settle its current tax assets and liabilities on a net basis. 5.2.11.Property, plant and equipment Property, plant & equipment are stated at cost less accumulated depreciation and any accumulated impairment losses. Properties in the course of construction for production, rental or administrative purposes, are carried at cost, less any recognised impairment loss. Cost includes professional fees and, for qualifying assets, borrowing costs capitalised in accordance with the group\u2019s accounting policy. Depreciation of these assets commences when the assets are ready for their intended use. Depreciation is charged so as to write off the cost of assets, other than land and properties under construction, over their estimated useful lives, using the straight-line method. Assets held under finance leases are depreciated over their expected useful lives on the same basis as owned assets or, where shorter, the term of the relevant lease. The gain or loss arising on the disposal or retirement of an item of property, plant and equipment is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognised in profit or loss. 5.2.12.Internally-generated intangible assets \u2013 research and development expenditure Expenditure on research activities is recognised as an expense in the period in which it is incurred. An internally-generated intangible asset arising from the group\u2019s development is recognised only if all of the following conditions are met: \u2022An asset is created that can be identified (such as software and new processes). \u2022It is probable that the asset created will generate future economic benefits and. \u2022The development cost of the asset can be measured reliably. Internally-generated intangible assets are amortised on a straight-line basis over their estimated useful lives. Where no internally-generated intangible asset can be recognised, development expenditure is charged to profit or loss in the period in which it is incurred. 5.2.13.Patents, trademarks and software purchased Patents, trademarks and software purchased are measured initially at purchase cost and are amortised on a straight-line basis over their estimated useful lives. 5.2.14.Impairment of tangible and intangible assets excluding goodwill At each balance sheet date, the group reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the group estimates the recoverable amount of the cash generating unit to which the asset belongs. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease. Where an impairment loss subsequently reverses, the carrying amount of the asset (cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (cash generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase. 5.2.15.Inventories Cost of the raw materials includes both the purchasing price (using the principle of First in First out (\u201cFIFO\u201d)), and the direct purchasing costs, like import duties, transportation and completion costs. Cost of work in progress and finished products comprises all direct and indirect costs necessary that have been incurred in bringing the inventories to their present location condition on balance sheet date. Direct costs include, among others, the cost of the used raw materials and the direct labour costs. Indirect costs include a systematical impute of fixed and variable indirect production costs proceeded from the conversion of raw materials in end products. The impute of fixed indirect production costs is based on the normal capacity of the production facilities. For the determination of the cost, the standard cost price method is used. The standard cost price takes into account the normal use of raw and auxiliary materials, labour, efficiency and capacity. The standardcost price is frequently being evaluated and, if necessary, revised in consideration with the present conditions. The standard cost price of the raw and auxiliary materials, as also the appreciation of it in work in progress and in raw materials, will be revised every month on the basis of the new determined FIFO value of these raw and auxiliary materials. The inventories are valued at the lower of cost, determined as described above, or net realisable value. The market value represents the estimated selling price in normal circumstances less estimated cost of completion and costs to be incurred to realise sales (marketing, selling and distribution). The estimated selling price is based on the LME quotation (London Metal Exchange) for lead. For the antimony price we refer to the current prices in combination with the already contracted purchase and sales contracts. Value reductions are made for the old and slow moving inventories. 5.2.16.Trade receivables Trade receivables are measured at initial recognition at fair value. Appropriate allowances for estimated irrecoverable amounts are recognised in profit or loss when there is objective evidence that the asset is impaired. The allowance recognised is measured as the difference between the asset\u2019s carrying amount and the present value of estimated future cash flows discounted at the effective interest rate computed at initial recognition. Based on a regular age analysis of the assets, it is determined case per case if a liability for doubtful debtors is needed. Factoring The group entered into a factoring agreement with a credit institution, whereby the credit institution pays advances to the group on trade receivables. As the credit risk of these receivables remains with the group,not all risks and rewards of the transferred receivablesare transferred. As a consequence, the receivables remain on the balance sheet of the group and the advances received are recorded in the balance sheet under the short term advances on factoring. 5.2.17.Cash and cash equivalents Cash and cash equivalents comprise cash on hand and demand deposits. Cash and cash equivalents are included at fair value. 5.2.18.Bank borrowings Interest-bearing bank loans and overdrafts are measured at fair value. Any difference between the proceeds (net of transaction costs) and the settlementor redemption of borrowings is recognised over the term of the borrowings in accordance with the group\u2019saccounting policy for borrowing costs (see above). 5.2.19.Trade payables Trade payables are measured at cost. 5.2.20.Provisions Provisions are recognised when the group has a present obligation as a result of a past event, and it is probable that the group will be required to settle that obligation. Provisions are measured at the directors\u2019 best estimate of the expenditure required to settle the obligation at the balance sheet date, and are discounted to present value where the effect is material. 5.2.21 Other Except for general macro-economic effects (i.e. fluctuations of salaries & discount rate), the company did not account for specific items related to the Russian invasion and other macro-eonomic effects. 5.28.RELATED PARTIES As to the transparency notification of 9 July 2019 the current shareholder structure of Campine is: Name Number of shares % of the voting rights F.W. Hempel Metallurgical GmbH Wei\u00dfensteinstra\u00dfe 70, 46149 Oberhausen, Germany 1.077.900 71,86% The ultimate parent of the group is the F.W. Hempel Familienstiftung. The ultimate controlling person is Mr Friedrich-Wilhelm Hempel. Transactions between the company and its subsidiary, which are related parties of the company, have been eliminated on consolidation and are not disclosed in this note. Transactions between the group and the management and key-management are disclosed in the Remuneration report. Details of transactions between the group and other related parties are disclosed below.5.29.RELATED PARTY TRANSACTIONS All related party transactions are conducted on a business base and in accordance with all legal requirements and the Corporate Governance Charter. 5.29.1.Trading transactions In 2022, group entities entered into the following trading transactions with related parties that are not members of the group: \u2022Purchase of lead wastes from Hempel Legierungsmetalle GmbH for \u20ac 832K (2021: \u20ac 930K). There is no open amount on 12/31/2022. 5.29.2.Other transactions The companies below passed through personnel and IT expenses to the Campine group: \u2022F.W. Hempel Metallurgical: \u20ac 325K (2021: \u20ac 341K). Open amount on 12/31/2022: \u20ac 14K. \u2022F.W. Hempel & Co Erze und Metalle: \u20ac 98K (2021: \u20ac 103K). There is no open amount on 12/31/2022. The Campine group passed through personnel and IT expenses to F.W. Hempel & Co Erze und Metalle: \u20ac 8K (2021: \u20ac 8K). There is no open amount on 12/31/2022. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__15": {
"value": "5.2.SIGNIFICANT ACCOUNTING POLICIES The financial statements have been prepared based on the International Financial Reporting Standards as adopted by the EU (\u201cIFRS\u201d).",
"dimensions": {
"concept": "ifrs-full:StatementOfIFRSCompliance",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__20": {
"value": "5.2.1.Basis of consolidation The consolidated financial statements incorporate the financial statements of the company and entities controlled by the company (its subsidiaries). An investor controls an investee when it is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. The results of subsidiaries acquired or disposed of during the year are included in the financial information from the effective date of acquisition and up to the effective date of disposal, as appropriate. Where necessary, adjustmentsare made to the financial statements of subsidiaries to bring their accounting policies into line with those used by other members of the group. All intra-group transactions, balances, income and expenses are eliminated on consolidation. Changes in the group\u2019s interest in a subsidiary that do not result in a loss of control are accounted for as equity transactions. The carrying amounts of the group\u2019s interests and the non-controlling interests are adjusted to reflect the changes in their relative interests in the subsidiary. When the group loses control of a subsidiary, the profit or loss on disposal is calculated as the difference between (i) the aggregate of the fair value of the consideration received and the fair value of any retained interest and (ii) the previous carrying amount of the assets (including goodwill) and liabilities of the subsidiary and any non-controlling interests. Amounts previously recognised in other comprehensive income in relation to the subsidiary are accounted for (i.e. re-classified to profit or loss or transferred directly to retained earnings) in the same manner as would be required if the relevant assets or liabilities were disposed of. The fair value of any investment retained in the former subsidiary at the date when control is lost is regarded as the fair value on initial recognition for subsequent accounting under IFRS 9 Financial Instruments or, when applicable, the cost on initial recognition of an investment in an associate or jointly controlled entity. Non-controlling interests in subsidiaries are identified separately from the group\u2019s equity therein. The interest of non-controlling shareholders may be initially measured either at fair value or at the noncontrolling interests\u2019 proportionate share of the fair value of the acquiree\u2019s identifiable net assets. The choice of measurement basis is made on an acquisition-by- acquisition basis. Subsequent to acquisition, the carrying amount of non-controlling interests is the amount of those interests at initial recognition plus the non-controlling interests\u2019 share of subsequent changes in equity. Total comprehensive income is attributed to noncontrolling interests even if this results in the noncontrolling interests having a deficit balance.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__19": {
"value": "5.2.1.Basis of consolidation The consolidated financial statements incorporate the financial statements of the company and entities controlled by the company (its subsidiaries). An investor controls an investee when it is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. The results of subsidiaries acquired or disposed of during the year are included in the financial information from the effective date of acquisition and up to the effective date of disposal, as appropriate. Where necessary, adjustmentsare made to the financial statements of subsidiaries to bring their accounting policies into line with those used by other members of the group. All intra-group transactions, balances, income and expenses are eliminated on consolidation. Changes in the group\u2019s interest in a subsidiary that do not result in a loss of control are accounted for as equity transactions. The carrying amounts of the group\u2019s interests and the non-controlling interests are adjusted to reflect the changes in their relative interests in the subsidiary. When the group loses control of a subsidiary, the profit or loss on disposal is calculated as the difference between (i) the aggregate of the fair value of the consideration received and the fair value of any retained interest and (ii) the previous carrying amount of the assets (including goodwill) and liabilities of the subsidiary and any non-controlling interests. Amounts previously recognised in other comprehensive income in relation to the subsidiary are accounted for (i.e. re-classified to profit or loss or transferred directly to retained earnings) in the same manner as would be required if the relevant assets or liabilities were disposed of. The fair value of any investment retained in the former subsidiary at the date when control is lost is regarded as the fair value on initial recognition for subsequent accounting under IFRS 9 Financial Instruments or, when applicable, the cost on initial recognition of an investment in an associate or jointly controlled entity. Non-controlling interests in subsidiaries are identified separately from the group\u2019s equity therein. The interest of non-controlling shareholders may be initially measured either at fair value or at the noncontrolling interests\u2019 proportionate share of the fair value of the acquiree\u2019s identifiable net assets. The choice of measurement basis is made on an acquisition-by- acquisition basis. Subsequent to acquisition, the carrying amount of non-controlling interests is the amount of those interests at initial recognition plus the non-controlling interests\u2019 share of subsequent changes in equity. Total comprehensive income is attributed to noncontrolling interests even if this results in the noncontrolling interests having a deficit balance.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__21": {
"value": "5.2.2.Business combinations The acquisition of subsidiaries is accounted for using the purchase method. The cost of the acquisition is measured at the aggregate of the fair values, at the date of acquisition, of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquiree. The acquiree\u2019s identifiable assets, liabilities and contingent liabilities that meet the conditions for recognition under IFRS 3 (\u201cBusiness combinations\u201d) are recognised at their fair values at the acquisition date, except for noncurrent assets (or disposal groups) that are classified as held for sale, which are recognised and measured at fair value less costs to sell. Acquisition-related costs are recognised in profit or loss as incurred. Where applicable, the consideration for the acquisition includes any asset or liability resulting from a contingent consideration arrangement, measured at its acquisition-date fair value. Subsequent changes in such fair values are adjusted against the cost of acquisition where they qualify as measurement period adjustments (see below). All other subsequent changes in the fair value of contingent consideration classified as an asset or liability are accounted for in accordance with relevant IFRS. Changes in the fair value of contingent consideration classified as equity are not recognised. Where a business combination is achieved in stages, the group\u2019s previously held interests in the acquired entity are remeasured to fair value at the acquisition date (i.e. the date the group attains control) and the resulting gain or loss, if any, is recognised in profit or loss. Amounts arising from interests in the acquire prior to the acquisition date that have previously been recognised in other comprehensive income are reclassified to profit or loss, where such treatment would be appropriate if that interest were disposed of. If the fair value of the net assets acquired is in excess of the aggregate consideration transferred, the Group re-assesses whether it has correctly identified all of the assets acquired and all of the liabilities assumed and reviews the procedures used to measure the amounts to be recognised at the acquisition date. If the reassessment still results in an excess of the fair value of net assets acquired over the aggregate consideration transferred, then the gain is recognised in profit or loss. Goodwill Goodwill arising on acquisition is recognised as an asset and initially measured at cost, being the excess of the cost of the business combination over the group\u2019s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognised. If, after reassessment, the group\u2019s interest in the net fair value of the acquiree\u2019s identifiable assets, liabilities and contingent liabilities exceeds the cost of the business combination, the excess (negative consolidation difference) is recognised immediately in profit or loss. The interest of minority shareholders in the acquire is initially measured at the minority\u2019s proportion of the net fair value of the assets, liabilities and contingent liabilities recognised.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__23": {
"value": "Goodwill Goodwill arising on acquisition is recognised as an asset and initially measured at cost, being the excess of the cost of the business combination over the group\u2019s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognised. If, after reassessment, the group\u2019s interest in the net fair value of the acquiree\u2019s identifiable assets, liabilities and contingent liabilities exceeds the cost of the business combination, the excess (negative consolidation difference) is recognised immediately in profit or loss. The interest of minority shareholders in the acquire is initially measured at the minority\u2019s proportion of the net fair value of the assets, liabilities and contingent liabilities recognised.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__22-1": {
"value": "Goodwill Goodwill arising on acquisition is recognised as an asset and initially measured at cost, being the excess of the cost of the business combination over the group\u2019s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognised. If, after reassessment, the group\u2019s interest in the net fair value of the acquiree\u2019s identifiable assets, liabilities and contingent liabilities exceeds the cost of the business combination, the excess (negative consolidation difference) is recognised immediately in profit or loss. The interest of minority shareholders in the acquire is initially measured at the minority\u2019s proportion of the net fair value of the assets, liabilities and contingent liabilities recognised.5.2.12.Internally-generated intangible assets \u2013 research and development expenditure Expenditure on research activities is recognised as an expense in the period in which it is incurred. An internally-generated intangible asset arising from the group\u2019s development is recognised only if all of the following conditions are met: \u2022An asset is created that can be identified (such as software and new processes). \u2022It is probable that the asset created will generate future economic benefits and. \u2022The development cost of the asset can be measured reliably. Internally-generated intangible assets are amortised on a straight-line basis over their estimated useful lives. Where no internally-generated intangible asset can be recognised, development expenditure is charged to profit or loss in the period in which it is incurred.5.2.13.Patents, trademarks and software purchased Patents, trademarks and software purchased are measured initially at purchase cost and are amortised on a straight-line basis over their estimated useful lives.5.2.14.Impairment of tangible and intangible assets excluding goodwill At each balance sheet date, the group reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the group estimates the recoverable amount of the cash generating unit to which the asset belongs. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease. Where an impairment loss subsequently reverses, the carrying amount of the asset (cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (cash generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__26": {
"value": "5.2.3.Revenue from Contracts with Customers IFRS 15 establishes a five-step model to account for revenue arising from contracts with customers: \u2022Identify the contract. \u2022Identify the performance obligations. \u2022Determine the transaction price. \u2022Allocate the transaction price to the performance obligations in the contract. \u2022Recognise revenue when or as the group satisfies a performance obligation. Under IFRS 15, revenue is recognised at an amount that reflects the consideration to which an entity expects to be entitled in exchange for transferring goods or services to a customer. Nature of sales transactions: The group is active in the metal business and thus contracts with customers generally concern the sale of these metal products, which qualify as separate performance obligations. Ancillary services, such as transport, are not material. As a result, revenue recognition generally occurs at a point in time, when control of the products is transferred to the customer, generally on delivery of the goods and considering the underlying incoterm. The group is not involved in transactions and/or contracts including volume rebates, trade discounts, (ancillary) services, customer assistance services or bundled sales contracts of a material nature. Campine works with direct sales people for most of its sales in Europe and with distributors and agents in the rest of the world. The direct sales/purchasing employees are on Campine\u2019s payroll or work on a self-employed basis with a service contract. The distributors and agents are remunerated through commission, which is then also part of the purchase costs.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__25": {
"value": "5.2.3.Revenue from Contracts with Customers IFRS 15 establishes a five-step model to account for revenue arising from contracts with customers: \u2022Identify the contract. \u2022Identify the performance obligations. \u2022Determine the transaction price. \u2022Allocate the transaction price to the performance obligations in the contract. \u2022Recognise revenue when or as the group satisfies a performance obligation. Under IFRS 15, revenue is recognised at an amount that reflects the consideration to which an entity expects to be entitled in exchange for transferring goods or services to a customer. Nature of sales transactions: The group is active in the metal business and thus contracts with customers generally concern the sale of these metal products, which qualify as separate performance obligations. Ancillary services, such as transport, are not material. As a result, revenue recognition generally occurs at a point in time, when control of the products is transferred to the customer, generally on delivery of the goods and considering the underlying incoterm. The group is not involved in transactions and/or contracts including volume rebates, trade discounts, (ancillary) services, customer assistance services or bundled sales contracts of a material nature. Campine works with direct sales people for most of its sales in Europe and with distributors and agents in the rest of the world. The direct sales/purchasing employees are on Campine\u2019s payroll or work on a self-employed basis with a service contract. The distributors and agents are remunerated through commission, which is then also part of the purchase costs.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__24-1": {
"value": "5.2.3.Revenue from Contracts with Customers IFRS 15 establishes a five-step model to account for revenue arising from contracts with customers: \u2022Identify the contract. \u2022Identify the performance obligations. \u2022Determine the transaction price. \u2022Allocate the transaction price to the performance obligations in the contract. \u2022Recognise revenue when or as the group satisfies a performance obligation. Under IFRS 15, revenue is recognised at an amount that reflects the consideration to which an entity expects to be entitled in exchange for transferring goods or services to a customer. Nature of sales transactions: The group is active in the metal business and thus contracts with customers generally concern the sale of these metal products, which qualify as separate performance obligations. Ancillary services, such as transport, are not material. As a result, revenue recognition generally occurs at a point in time, when control of the products is transferred to the customer, generally on delivery of the goods and considering the underlying incoterm. The group is not involved in transactions and/or contracts including volume rebates, trade discounts, (ancillary) services, customer assistance services or bundled sales contracts of a material nature. Campine works with direct sales people for most of its sales in Europe and with distributors and agents in the rest of the world. The direct sales/purchasing employees are on Campine\u2019s payroll or work on a self-employed basis with a service contract. The distributors and agents are remunerated through commission, which is then also part of the purchase costs.5.4.2.Geographical segments The group\u2019s registered office is located in Belgium, Nijverheidsstraat 2, 2340 Beerse. The group\u2019s manufacturing operations are located in Nijverheidsstraat 2, 2340 Beerse, Belgium; 300 avenue de l\u2019Epie, 69400 Arnas France and 20 rue des Pr\u00e9s, 59161 Escaudoeuvres, France. The following table provides an analysis of the group\u2019s sales by geographical market. 12/31/2022 12/31/2021 \u2018000 eur 000 eur % \u2018000 eur %Belgium 8,945 2.8% 6,924 3.1% Germany 114,162 36.0% 82,908 36.6% Switzerland 33,044 10.4% 19,448 8.6% France 18,520 5.8% 18,566 8.2% Italy 18,158 5.7% 10,832 4.8% Romania 10,686 3.4% 9,340 4.1% The Netherlands 10,210 3.2% 7,574 3.3% Turkey 6,497 2.0% 2,871 1.3% Poland 6,275 2.0% 4,289 1.9% United Kingdom 3,075 1.0% 1,988 0.9% Other European countries 15,066 4.7% 12,669 5.6% North America 44,470 14.0% 27,930 12.3% Asia 26,843 8.5% 19,810 8.8% Others 1,479 0.5% 1,168 0.5% 317,430 100% 226,317 100% 91% of the turnover of Circular Metals was realised in Europe whereas 63% of the turnover of Specialty Chemicals was achieved in Europe.5.4.3.Business segments/divisions Our reportable segments reflect the significant components of our operations. We evaluate our business operations in two segments, called divisions: \u201cSpecialty Chemicals\u201d and \u201cCircular Metals\u201d. Discrete financial information on these two segments is provided to the CODM (turnover is presented per BU, volumes are presented per division.) The battery breaker activities in France are hosted in a new business unit called \u2018recycled Batteries\u2019 and are integrated in our Circular Metals division (formerly Metals Recycling division) as it is an upstream addition to its business. The plastics recycling company C2P becomes Campine \u2018recycled Polymers\u2019 business unit and is hosted in the Specialty Chemicals division, due to its overlap in customers and technology with our Flame Retardant Masterbatches BU (formerly Plastics BU) in Beerse. The main activities are: \u2022 Specialty Chemicals hosts all businesses which serve end-markets with chemical products and derivates. The manufacturing of antimony trioxide used as flame-retardant, polymerization catalyst and pigment reagent and the production of different types of polymer and plastic masterbatches. The Specialty Chemicals division comprises the business units (BU\u2019s) BU Antimony trioxide, BU FR Masterbatches and BU recycled Polymers. BU Antimony BU FR BU recycled Total Specialty Turnover in \u2018000 eur trioxide Masterbatches Polymers Chemicals On 31 December 2022 99,547 47,769 6,218 153,534 On 31 December 2021 72,411 33,941 - 106,352 \u2206 37.5% 40.7% - 44.4% The total (external and cross-business unit) turnover of the Specialty Chemicals division represents a volume of 18,483 ton (12/31/2021: 15,598 ton) (+18%). The split between external sales and cross-business unit sales can be found in the table on the next page. \u2022 Circular Metals hosts the businesses in which metals are being recovered from industrial and postconsumer waste streams. The main activity is the manufacturing of lead alloys. To this business is added the growing activity of the recycling of other metals such as antimony and tin. This division comprises the business units (BU\u2019s) BU Lead, BU Metals Recovery and BU recycled Batteries. BU Metals BU recycled Total Turnover in \u2018000 eur Recovery BU Lead Batteries Circular Metals On 31 December 2022 18,111 149,140 29,559 196,810 On 31 December 2021 14,945 127,226 - 142,171 \u2206 21.2% 17.2% - 38.4% The total (external and cross-business unit) turnover of the Circular Metals division represents a volume of 91,813 ton (12/31/2021: 63,873 ton) (+44%). The split between external sales and cross-business unit sales can be found in the table on the next page. There is one customer in BU Lead who represents more than 10% of the group\u2019s turnover (15%). Specialty Chemicals Circular Metals Unallocated Total \u2018000 eur 12/31/2022 12/31/2022 12/31/2022 12/31/2022 REVENUE External sales 153,534 163,896 - 317,430 Cross-business unit sales in the same segment - 32,914 -32,914 0Total revenue 153,534 196,810 -32,914 317,430 RESULT Segment operating result 4,388 9,431 - 13,819 Gain on bargain purchase 6,478 6,478 Operating result (EBIT) 21,409 Investment revenues - - 22Hedging results - -612 - -612 Finance costs - - -747 -747 Result before tax 20,052 Income tax expense -3,135 Result for the period 15,805 Specialty Chemicals Circular Metals Unallocated Total \u2018000 eur 12/31/2022 12/31/2022 12/31/2022 12/31/2022 OTHER INFORMATION 4,072 14,815 4,359 23,246 Capital additions 4,542 9,813 2,092 16,447 Depreciation and amortisation (incl. right-of- -1,506 -3,294 -959 -5,759 use assets) BALANCE SHEET Assets Fixed assets (incl. right-of-use assets) 7,108 21,334 5,492 33,934 Deferred tax - - 166 166 Cash paid in escrow - - 57 57 Inventories 25,625 24,250 2,161 52,036 Trade receivables 19,382 17,850 -1,613 35,619 Other receivables - - 2,873 2,873 Cash and cash equivalent - - 2,908 2,908 Total assets 52,115 63,434 12,044 127,593 Long term liabilities Retirement benefit obligation - - 1,496 1,496 Deferred tax liabilities - - 741 741 Bank loans - - 5,250 5,250 Obligations under leases - - 184 184 Provisions 170 6,065 - 6,235 Short term liabilities Retirement benefit obligation - - 14 14 Trade payables 6,052 16,105 986 23,143 Other payables - - 5,746 5,746 Capital grants - - 1,249 1,249 Derivatives - 632 - 632 Current tax liabilities - - 1,200 1,200 Obligations under leases - - 208 208 Bank overdrafts and loans* - - 21,945 21,945 Total liabilities 6,222 22,802 39,019 68,043 * Advances on bank overdrafts and loans are always withdrawn in function of the necessary working capital. They are considered to relate to the whole of the group's four legal entities and are therefore not allocated at segment level. Specialty Chemicals Metals Recycling Unallocated Total \u2018000 eur 12/31/2021 12/31/2021 12/31/2021 12/31/2021 REVENUE External sales 106,352 119,965 - 226,317 Cross-business unit sales in the same segment - 22,206 -22,206 0Total revenue 106,352 142,171 -22,206 226,317 RESULT Segment operating result 10,583 8,514 - 19,097 Unallocated expenses Operating result (EBIT) 19,097 Investment revenues - - - - Hedging results - -786 - -786 Finance costs - - -346 -346 Result before tax 17,965 Income tax expense -4,454 Result for the period 13,511 Specialty Chemicals Circular Metals Unallocated Total \u2018000 eur 12/31/2021 12/31/2021 12/31/2021 12/31/2021 OTHER INFORMATION Capital additions 1,038 5,621 1,718 8,377 Depreciation and amortisation (incl. right-of-use -1,225 -2,277 -833 -4,335 assets) BALANCE SHEET Assets Fixed assets (incl. right-of-use assets) 4,072 14,815 4,359 23,246 Deferred tax - - 104 104 Inventories 25,807 17,221 2,375 45,403 Trade receivables 14,376 7,340 38 21,754 Other receivables 1,915 1,915 Cash and cash equivalent - - 153 153 Total assets 44,255 39,376 8,944 92,575 Long term liabilities Retirement benefit obligation - - 1,192 1,192 Deferred tax liabilities - - 219 219 Bank loans - - 1,500 1,500 Obligations under leases - - 206 206 Provisions 190 995 - 1,185 Short term liabilities Retirement benefit obligation - - 31 31 Trade payables 5,800 14,610 3,841 24,251 Other payables - - 4,561 4,561 Capital grants - - 656 656 Derivatives - 65 - 65 Current tax liabilities - - 121 121 Obligations under leases - - 167 167 Bank overdrafts and loans* - - 10,448 10,448 Total liabilities 5,980 15,670 22,942 44,602 * Advances on bank overdrafts and loans are always withdrawn in function of the necessary working capital. They are considered to relate to the whole of the group\u2019s four legal entities and are therefore not allocated at segment level. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRevenueExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__28": {
"value": "5.2.4.Leases Definition of \u2018lease\u2019 A contract is or contains a lease if it conveys a right to control the use of an identified asset for a period of time in exchange for a consideration. To determine whether a lease confers the right to control use of a determined asset for a determined period of time, the entity must appreciate whether, throughout the period of use, it has the right to: \u2022Obtain substantially all of the economic benefits from the use of the asset. \u2022Direct the use of the asset. To determine the duration of the leases, any options for renewal or termination have been considered as required by IFRS 16 taking into account the probability of exercising the option and only if it is under the control of the lessee. At the start of the lease, the lessee recognises a right-of-use asset and a lease liability. For leases with a maximum duration of 12 months or leases of assets with low value, Campine applies the practical exemption in IFRS 16. Hence, these leases are not presented on the balance sheet. Right-of-use assets The group recognises right-of-use assets on the commencement date of the contract, i.e. the date on which the asset becomes available for use. These assets are valued at the initial cost of the lease liability minus depreciation and any impairment, adjusted to take into account any revaluations of the lease liability. The initial cost of the right-of-use assets includes the present value of the lease liability, the initial costs incurred by the lessee, rent payments made on the start date or before that date, minus any incentives obtained by the lessee. These assets are depreciated over the estimated lifetime of the underlying asset or over the duration of the contract if this period is shorter, unless the group is sufficiently certain of obtaining ownership of the asset at the end of the contract. Right-of-use assets are presented separately from other assets as a different line under non-current assets. Lease liabilities The lease liability is valued at the present value of the rent payments that have not yet been paid. The present value of the rent payments must be calculated using the interest rate implicit in the lease if it is possible to determine that rate. If not, the lessee must use its incremental borrowing rate. The incremental borrowing rate is the interest rate that the lessee would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of similar value to the right-of-use asset in a similar economic environment. Over the duration of the contract, the lessee values the lease obligation as follows: \u2022By increasing the carrying amount to reflect the interest on the lease liabilities. \u2022By reducing the carrying amount to reflect the rent payments made. \u2022By revaluing the carrying amount to reflect the new value of the lease obligation or modifications to the lease. Lease liabilities are presented in a separate line on the balance sheet. Payments for the capital reimbursement and the interests are presented under financing activities in the statement of cash flows. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__27-1": {
"value": "Right-of-use assets The group recognises right-of-use assets on the commencement date of the contract, i.e. the date on which the asset becomes available for use. These assets are valued at the initial cost of the lease liability minus depreciation and any impairment, adjusted to take into account any revaluations of the lease liability. The initial cost of the right-of-use assets includes the present value of the lease liability, the initial costs incurred by the lessee, rent payments made on the start date or before that date, minus any incentives obtained by the lessee. These assets are depreciated over the estimated lifetime of the underlying asset or over the duration of the contract if this period is shorter, unless the group is sufficiently certain of obtaining ownership of the asset at the end of the contract. Right-of-use assets are presented separately from other assets as a different line under non-current assets.Depreciation is charged so as to write off the cost of assets, other than land and properties under construction, over their estimated useful lives, using the straight-line method. Assets held under finance leases are depreciated over their expected useful lives on the same basis as owned assets or, where shorter, the term of the relevant leaseInternally-generated intangible assets are amortised on a straight-line basis over their estimated useful lives. Where no internally-generated intangible asset can be recognised, development expenditure is charged to profit or loss in the period in which it is incurred.5.2.13.Patents, trademarks and software purchased Patents, trademarks and software purchased are measured initially at purchase cost and are amortised on a straight-line basis over their estimated useful lives.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__30-1": {
"value": "Lease liabilities The lease liability is valued at the present value of the rent payments that have not yet been paid. The present value of the rent payments must be calculated using the interest rate implicit in the lease if it is possible to determine that rate. If not, the lessee must use its incremental borrowing rate. The incremental borrowing rate is the interest rate that the lessee would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of similar value to the right-of-use asset in a similar economic environment. Over the duration of the contract, the lessee values the lease obligation as follows: \u2022By increasing the carrying amount to reflect the interest on the lease liabilities. \u2022By reducing the carrying amount to reflect the rent payments made. \u2022By revaluing the carrying amount to reflect the new value of the lease obligation or modifications to the lease. Lease liabilities are presented in a separate line on the balance sheet. Payments for the capital reimbursement and the interests are presented under financing activities in the statement of cash flows. 5.2.6.Financial instruments Classification and measurement of financial assets and financial liabilities Financial assets and financial liabilities are recognised when a group entity becomes a party to the contractual provisions of the instrument. Financial assets and financial liabilities are initially measured at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets and financial liabilities at fair value through profit or loss) are added to or deducted from the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly attributable to the acquisition of financial assets or financial liabilities at fair value through profit or loss are recognised immediately in profit or loss. Trade receivables, cash and cash equivalents and bank loans are classified and measured at amortised cost under IFRS 9. Lease liabilities are measured in accordance with IFRS 16. Debt instruments that meet the following conditions are subsequently measured at amortised cost: \u2022The financial asset is held within a business model whose objective is to hold financial assets in order to collect contractual cash flows. \u2022The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principle and interest on the principal amount outstanding. The effective interest method is a method of calculating the amortised cost of a debt instrument and of allocating interest income over the relevant period. The amortised cost of a financial asset is the amount at which the financial asset is measured at initial recognition minus the principal repayments, plus the cumulative amortization using the effective interest method of any difference between that initial amount and the maturity amount, adjusted for any loss allowance. On the other hand, the gross carrying amount of a financial asset is the amortised cost of a financial asset before adjusting for any loss allowance. Classification and measurement of financial liabilities of the group has not been modified by the requirements of IFRS 9. All financial liabilities of the group are subsequently measured at amortised cost using the effective interest rate method. Impairment of financial assets In relation to the impairment of financial assets, IFRS 9 requires an expected credit loss model. The expected credit loss model requires the group to account for expected credit losses and changes in those expected credit losses at each reporting date to reflect changes in credit risk since initial recognition of the financial assets. Specifically, IFRS 9 requires the group to recognise a loss allowance for expected credit losses on trade receivables and cash and cash equivalents. The amount of expected credit losses is updated at each reporting date to reflect changes in credit risk since initial recognition of the respective financial instrument. IFRS 9 provides a simplified approach for measuring the loss allowance at an amount equal to lifetime expected credit losses for trade receivables without a significant financing component (short-term trade receivables). The expected credit losses on these financial assets are estimated using a provision matrix based on the group\u2019s historical credit loss experience adjusted for factors that are specific to the debtors, general economic conditions and an assessment of both the current as well as the forecast direction of conditions at the reporting date, including time value of money where appropriate. All bank balances are assessed for expected credit losses at each reporting date as well. Definition of default The group considers the following as constituting an event of default for internal credit risk management purposes as historical experience indicates that receivables that meet either of the following criteria are generally not recoverable: \u2022When there is a breach of financial covenants by the counterparty; or \u2022Information developed internally or obtained from external sources indicates that the debtor is unlikely to pay its creditors, including the group, in full (without taking into account any collateral held by the group) Irrespective of the above analysis, the group considers that default has occurred when a financial asset is more than 90 days past due unless the group has reasonable and supportable information to demonstrate that a more lagging default criterion is more appropriate. Credit-impaired financial assets A financial asset is credit-impaired when one or more events that have a detrimental impact on the estimated future cash flows of that financial asset have occurred. Evidence that a financial asset is credit- impaired includes observable data about the following events: \u2022Significant financial difficulty of the issuer or the borrower. \u2022A breach of contract, such as a default or past due event. \u2022The lender(s) of the borrower, for economic or contractual reasons relating to the borrower\u2019s financial difficulty, having granted to the borrower a concessions(s) that the lender(s) would not otherwise consider. \u2022It is becoming probable that the borrower will enter bankruptcy or other financial reorganisation. or \u2022The disappearance of an active market for that financial asset because of financial difficulties. Write-off policy The group writes off a financial asset when there is information indicating that the counterparty is in severe financial difficulty and there is no realistic prospect of recovery, e.g. when the counterparty has been placed under liquidation or has entered into bankruptcy proceedings, or in the case of trade receivables, when the amounts are over two years past due, whichever occurs sooner. Financial assets written off may still be subject to enforcement activities under the group\u2019s recovery procedures, taking into account legal advice where appropriate. Any recoveries made are recognised in profit or loss. Derivative financial instruments The group enters into a variety of derivative financial instruments to manage its exposure to commodity price risk. Derivatives are initially recognised at fair value at the date the derivative contracts are entered into and are subsequently remeasured to their fair value at the end of each reporting period. The resulting gain or loss is recognised in profit or loss immediately. Depending on the market situation, in combination with the established purchase and sales contracts, both purchase and sales hedging contracts are used. The remaining volumes are partially offset against long-term financial hedging. 5.2.18.Bank borrowings Interest-bearing bank loans and overdrafts are measured at fair value. Any difference between the proceeds (net of transaction costs) and the settlementor redemption of borrowings is recognised over the term of the borrowings in accordance with the group\u2019saccounting policy for borrowing costs (see above).5.2.19.Trade payables Trade payables are measured at cost. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__29-1": {
"value": "Lease liabilities The lease liability is valued at the present value of the rent payments that have not yet been paid. The present value of the rent payments must be calculated using the interest rate implicit in the lease if it is possible to determine that rate. If not, the lessee must use its incremental borrowing rate. The incremental borrowing rate is the interest rate that the lessee would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of similar value to the right-of-use asset in a similar economic environment. Over the duration of the contract, the lessee values the lease obligation as follows: \u2022By increasing the carrying amount to reflect the interest on the lease liabilities. \u2022By reducing the carrying amount to reflect the rent payments made. \u2022By revaluing the carrying amount to reflect the new value of the lease obligation or modifications to the lease. Lease liabilities are presented in a separate line on the balance sheet. Payments for the capital reimbursement and the interests are presented under financing activities in the statement of cash flows. 5.2.6.Financial instruments Classification and measurement of financial assets and financial liabilities Financial assets and financial liabilities are recognised when a group entity becomes a party to the contractual provisions of the instrument. Financial assets and financial liabilities are initially measured at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets and financial liabilities at fair value through profit or loss) are added to or deducted from the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly attributable to the acquisition of financial assets or financial liabilities at fair value through profit or loss are recognised immediately in profit or loss. Trade receivables, cash and cash equivalents and bank loans are classified and measured at amortised cost under IFRS 9. Lease liabilities are measured in accordance with IFRS 16. Debt instruments that meet the following conditions are subsequently measured at amortised cost: \u2022The financial asset is held within a business model whose objective is to hold financial assets in order to collect contractual cash flows. \u2022The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principle and interest on the principal amount outstanding. The effective interest method is a method of calculating the amortised cost of a debt instrument and of allocating interest income over the relevant period. The amortised cost of a financial asset is the amount at which the financial asset is measured at initial recognition minus the principal repayments, plus the cumulative amortization using the effective interest method of any difference between that initial amount and the maturity amount, adjusted for any loss allowance. On the other hand, the gross carrying amount of a financial asset is the amortised cost of a financial asset before adjusting for any loss allowance. Classification and measurement of financial liabilities of the group has not been modified by the requirements of IFRS 9. All financial liabilities of the group are subsequently measured at amortised cost using the effective interest rate method. Impairment of financial assets In relation to the impairment of financial assets, IFRS 9 requires an expected credit loss model. The expected credit loss model requires the group to account for expected credit losses and changes in those expected credit losses at each reporting date to reflect changes in credit risk since initial recognition of the financial assets. Specifically, IFRS 9 requires the group to recognise a loss allowance for expected credit losses on trade receivables and cash and cash equivalents. The amount of expected credit losses is updated at each reporting date to reflect changes in credit risk since initial recognition of the respective financial instrument. IFRS 9 provides a simplified approach for measuring the loss allowance at an amount equal to lifetime expected credit losses for trade receivables without a significant financing component (short-term trade receivables). The expected credit losses on these financial assets are estimated using a provision matrix based on the group\u2019s historical credit loss experience adjusted for factors that are specific to the debtors, general economic conditions and an assessment of both the current as well as the forecast direction of conditions at the reporting date, including time value of money where appropriate. All bank balances are assessed for expected credit losses at each reporting date as well. Definition of default The group considers the following as constituting an event of default for internal credit risk management purposes as historical experience indicates that receivables that meet either of the following criteria are generally not recoverable: \u2022When there is a breach of financial covenants by the counterparty; or \u2022Information developed internally or obtained from external sources indicates that the debtor is unlikely to pay its creditors, including the group, in full (without taking into account any collateral held by the group) Irrespective of the above analysis, the group considers that default has occurred when a financial asset is more than 90 days past due unless the group has reasonable and supportable information to demonstrate that a more lagging default criterion is more appropriate. Credit-impaired financial assets A financial asset is credit-impaired when one or more events that have a detrimental impact on the estimated future cash flows of that financial asset have occurred. Evidence that a financial asset is credit- impaired includes observable data about the following events: \u2022Significant financial difficulty of the issuer or the borrower. \u2022A breach of contract, such as a default or past due event. \u2022The lender(s) of the borrower, for economic or contractual reasons relating to the borrower\u2019s financial difficulty, having granted to the borrower a concessions(s) that the lender(s) would not otherwise consider. \u2022It is becoming probable that the borrower will enter bankruptcy or other financial reorganisation. or \u2022The disappearance of an active market for that financial asset because of financial difficulties. Write-off policy The group writes off a financial asset when there is information indicating that the counterparty is in severe financial difficulty and there is no realistic prospect of recovery, e.g. when the counterparty has been placed under liquidation or has entered into bankruptcy proceedings, or in the case of trade receivables, when the amounts are over two years past due, whichever occurs sooner. Financial assets written off may still be subject to enforcement activities under the group\u2019s recovery procedures, taking into account legal advice where appropriate. Any recoveries made are recognised in profit or loss. Derivative financial instruments The group enters into a variety of derivative financial instruments to manage its exposure to commodity price risk. Derivatives are initially recognised at fair value at the date the derivative contracts are entered into and are subsequently remeasured to their fair value at the end of each reporting period. The resulting gain or loss is recognised in profit or loss immediately. Depending on the market situation, in combination with the established purchase and sales contracts, both purchase and sales hedging contracts are used. The remaining volumes are partially offset against long-term financial hedging. 5.2.16.Trade receivables Trade receivables are measured at initial recognition at fair value. Appropriate allowances for estimated irrecoverable amounts are recognised in profit or loss when there is objective evidence that the asset is impaired. The allowance recognised is measured as the difference between the asset\u2019s carrying amount and the present value of estimated future cash flows discounted at the effective interest rate computed at initial recognition. Based on a regular age analysis of the assets, it is determined case per case if a liability for doubtful debtors is needed. Factoring The group entered into a factoring agreement with a credit institution, whereby the credit institution pays advances to the group on trade receivables. As the credit risk of these receivables remains with the group,not all risks and rewards of the transferred receivablesare transferred. As a consequence, the receivables remain on the balance sheet of the group and the advances received are recorded in the balance sheet under the short term advances on factoring.5.2.17.Cash and cash equivalents Cash and cash equivalents comprise cash on hand and demand deposits. Cash and cash equivalents are included at fair value.5.2.18.Bank borrowings Interest-bearing bank loans and overdrafts are measured at fair value. Any difference between the proceeds (net of transaction costs) and the settlementor redemption of borrowings is recognised over the term of the borrowings in accordance with the group\u2019saccounting policy for borrowing costs (see above).5.2.19.Trade payables Trade payables are measured at cost. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__32": {
"value": "5.2.5.Foreign currencies The individual financial statements of each group entity are presented in the currency of the primary economic environment in which the entity operates (its functional currency). Currently, the group consists of Campine NV, Campine Recycling NV, Campine France SAS and Campine recycled Polymers SAS. For the purpose of the consolidated financial statements, the results and financial position of each entity are expressed in EUR, which is the functional currency of the company, and the presentation currency for the consolidated financial statements. In preparing the financial statements of the individual entities, transactions in currencies other than the entity\u2019s functional currency (foreign currencies) are recorded at the rates of exchange prevailing on the dates of the transactions. At each balance sheet date, monetary items denominated in foreign currencies are retranslated at the rates prevailing on the balance sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency remain at historical rate. Exchange differences arising on the settlement of monetary items, and on the retranslation of monetary items, are included in profit or loss for the period (within other operating income/expenses). ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__31": {
"value": "5.2.5.Foreign currencies The individual financial statements of each group entity are presented in the currency of the primary economic environment in which the entity operates (its functional currency). Currently, the group consists of Campine NV, Campine Recycling NV, Campine France SAS and Campine recycled Polymers SAS. For the purpose of the consolidated financial statements, the results and financial position of each entity are expressed in EUR, which is the functional currency of the company, and the presentation currency for the consolidated financial statements. In preparing the financial statements of the individual entities, transactions in currencies other than the entity\u2019s functional currency (foreign currencies) are recorded at the rates of exchange prevailing on the dates of the transactions. At each balance sheet date, monetary items denominated in foreign currencies are retranslated at the rates prevailing on the balance sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency remain at historical rate. Exchange differences arising on the settlement of monetary items, and on the retranslation of monetary items, are included in profit or loss for the period (within other operating income/expenses). ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__38": {
"value": "5.2.6.Financial instruments Classification and measurement of financial assets and financial liabilities Financial assets and financial liabilities are recognised when a group entity becomes a party to the contractual provisions of the instrument. Financial assets and financial liabilities are initially measured at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets and financial liabilities at fair value through profit or loss) are added to or deducted from the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly attributable to the acquisition of financial assets or financial liabilities at fair value through profit or loss are recognised immediately in profit or loss. Trade receivables, cash and cash equivalents and bank loans are classified and measured at amortised cost under IFRS 9.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForLoansAndReceivablesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__35-1": {
"value": "5.2.6.Financial instruments Classification and measurement of financial assets and financial liabilities Financial assets and financial liabilities are recognised when a group entity becomes a party to the contractual provisions of the instrument. Financial assets and financial liabilities are initially measured at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets and financial liabilities at fair value through profit or loss) are added to or deducted from the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly attributable to the acquisition of financial assets or financial liabilities at fair value through profit or loss are recognised immediately in profit or loss. Trade receivables, cash and cash equivalents and bank loans are classified and measured at amortised cost under IFRS 9. Lease liabilities are measured in accordance with IFRS 16. Debt instruments that meet the following conditions are subsequently measured at amortised cost: \u2022The financial asset is held within a business model whose objective is to hold financial assets in order to collect contractual cash flows. \u2022The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principle and interest on the principal amount outstanding. The effective interest method is a method of calculating the amortised cost of a debt instrument and of allocating interest income over the relevant period. The amortised cost of a financial asset is the amount at which the financial asset is measured at initial recognition minus the principal repayments, plus the cumulative amortization using the effective interest method of any difference between that initial amount and the maturity amount, adjusted for any loss allowance. On the other hand, the gross carrying amount of a financial asset is the amortised cost of a financial asset before adjusting for any loss allowance. Classification and measurement of financial liabilities of the group has not been modified by the requirements of IFRS 9. All financial liabilities of the group are subsequently measured at amortised cost using the effective interest rate method. Impairment of financial assets In relation to the impairment of financial assets, IFRS 9 requires an expected credit loss model. The expected credit loss model requires the group to account for expected credit losses and changes in those expected credit losses at each reporting date to reflect changes in credit risk since initial recognition of the financial assets. Specifically, IFRS 9 requires the group to recognise a loss allowance for expected credit losses on trade receivables and cash and cash equivalents. The amount of expected credit losses is updated at each reporting date to reflect changes in credit risk since initial recognition of the respective financial instrument. IFRS 9 provides a simplified approach for measuring the loss allowance at an amount equal to lifetime expected credit losses for trade receivables without a significant financing component (short-term trade receivables). The expected credit losses on these financial assets are estimated using a provision matrix based on the group\u2019s historical credit loss experience adjusted for factors that are specific to the debtors, general economic conditions and an assessment of both the current as well as the forecast direction of conditions at the reporting date, including time value of money where appropriate. All bank balances are assessed for expected credit losses at each reporting date as well. Definition of default The group considers the following as constituting an event of default for internal credit risk management purposes as historical experience indicates that receivables that meet either of the following criteria are generally not recoverable: \u2022When there is a breach of financial covenants by the counterparty; or \u2022Information developed internally or obtained from external sources indicates that the debtor is unlikely to pay its creditors, including the group, in full (without taking into account any collateral held by the group) Irrespective of the above analysis, the group considers that default has occurred when a financial asset is more than 90 days past due unless the group has reasonable and supportable information to demonstrate that a more lagging default criterion is more appropriate. Credit-impaired financial assets A financial asset is credit-impaired when one or more events that have a detrimental impact on the estimated future cash flows of that financial asset have occurred. Evidence that a financial asset is credit- impaired includes observable data about the following events: \u2022Significant financial difficulty of the issuer or the borrower. \u2022A breach of contract, such as a default or past due event. \u2022The lender(s) of the borrower, for economic or contractual reasons relating to the borrower\u2019s financial difficulty, having granted to the borrower a concessions(s) that the lender(s) would not otherwise consider. \u2022It is becoming probable that the borrower will enter bankruptcy or other financial reorganisation. or \u2022The disappearance of an active market for that financial asset because of financial difficulties. Write-off policy The group writes off a financial asset when there is information indicating that the counterparty is in severe financial difficulty and there is no realistic prospect of recovery, e.g. when the counterparty has been placed under liquidation or has entered into bankruptcy proceedings, or in the case of trade receivables, when the amounts are over two years past due, whichever occurs sooner. Financial assets written off may still be subject to enforcement activities under the group\u2019s recovery procedures, taking into account legal advice where appropriate. Any recoveries made are recognised in profit or loss. Derivative financial instruments The group enters into a variety of derivative financial instruments to manage its exposure to commodity price risk. Derivatives are initially recognised at fair value at the date the derivative contracts are entered into and are subsequently remeasured to their fair value at the end of each reporting period. The resulting gain or loss is recognised in profit or loss immediately. Depending on the market situation, in combination with the established purchase and sales contracts, both purchase and sales hedging contracts are used. The remaining volumes are partially offset against long-term financial hedging. 5.2.19.Trade payables Trade payables are measured at cost. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__40-1": {
"value": "Impairment of financial assets In relation to the impairment of financial assets, IFRS 9 requires an expected credit loss model. The expected credit loss model requires the group to account for expected credit losses and changes in those expected credit losses at each reporting date to reflect changes in credit risk since initial recognition of the financial assets. Specifically, IFRS 9 requires the group to recognise a loss allowance for expected credit losses on trade receivables and cash and cash equivalents. The amount of expected credit losses is updated at each reporting date to reflect changes in credit risk since initial recognition of the respective financial instrument. IFRS 9 provides a simplified approach for measuring the loss allowance at an amount equal to lifetime expected credit losses for trade receivables without a significant financing component (short-term trade receivables). The expected credit losses on these financial assets are estimated using a provision matrix based on the group\u2019s historical credit loss experience adjusted for factors that are specific to the debtors, general economic conditions and an assessment of both the current as well as the forecast direction of conditions at the reporting date, including time value of money where appropriate. All bank balances are assessed for expected credit losses at each reporting date as well.5.2.14.Impairment of tangible and intangible assets excluding goodwill At each balance sheet date, the group reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the group estimates the recoverable amount of the cash generating unit to which the asset belongs. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease. Where an impairment loss subsequently reverses, the carrying amount of the asset (cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (cash generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.The inventories are valued at the lower of cost, determined as described above, or net realisable value. The market value represents the estimated selling price in normal circumstances less estimated cost of completion and costs to be incurred to realise sales (marketing, selling and distribution). The estimated selling price is based on the LME quotation (London Metal Exchange) for lead. For the antimony price we refer to the current prices in combination with the already contracted purchase and sales contracts. Value reductions are made for the old and slow moving inventories.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__36": {
"value": "Impairment of financial assets In relation to the impairment of financial assets, IFRS 9 requires an expected credit loss model. The expected credit loss model requires the group to account for expected credit losses and changes in those expected credit losses at each reporting date to reflect changes in credit risk since initial recognition of the financial assets. Specifically, IFRS 9 requires the group to recognise a loss allowance for expected credit losses on trade receivables and cash and cash equivalents. The amount of expected credit losses is updated at each reporting date to reflect changes in credit risk since initial recognition of the respective financial instrument. IFRS 9 provides a simplified approach for measuring the loss allowance at an amount equal to lifetime expected credit losses for trade receivables without a significant financing component (short-term trade receivables). The expected credit losses on these financial assets are estimated using a provision matrix based on the group\u2019s historical credit loss experience adjusted for factors that are specific to the debtors, general economic conditions and an assessment of both the current as well as the forecast direction of conditions at the reporting date, including time value of money where appropriate. All bank balances are assessed for expected credit losses at each reporting date as well.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__39": {
"value": "Derivative financial instruments The group enters into a variety of derivative financial instruments to manage its exposure to commodity price risk. Derivatives are initially recognised at fair value at the date the derivative contracts are entered into and are subsequently remeasured to their fair value at the end of each reporting period. The resulting gain or loss is recognised in profit or loss immediately. Depending on the market situation, in combination with the established purchase and sales contracts, both purchase and sales hedging contracts are used. The remaining volumes are partially offset against long-term financial hedging. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__37": {
"value": "Derivative financial instruments The group enters into a variety of derivative financial instruments to manage its exposure to commodity price risk. Derivatives are initially recognised at fair value at the date the derivative contracts are entered into and are subsequently remeasured to their fair value at the end of each reporting period. The resulting gain or loss is recognised in profit or loss immediately. Depending on the market situation, in combination with the established purchase and sales contracts, both purchase and sales hedging contracts are used. The remaining volumes are partially offset against long-term financial hedging.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__42-1": {
"value": "5.2.7.Borrowing costs Borrowing costs are recognised in profit or loss in the period in which they are incurred, unless they are directly attributable to qualifying assets, in which case they are capitalised.5.2.12.Internally-generated intangible assets \u2013 research and development expenditure Expenditure on research activities is recognised as an expense in the period in which it is incurred. An internally-generated intangible asset arising from the group\u2019s development is recognised only if all of the following conditions are met: \u2022An asset is created that can be identified (such as software and new processes). \u2022It is probable that the asset created will generate future economic benefits and. \u2022The development cost of the asset can be measured reliably. Internally-generated intangible assets are amortised on a straight-line basis over their estimated useful lives. Where no internally-generated intangible asset can be recognised, development expenditure is charged to profit or loss in the period in which it is incurred.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForExpensesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__41": {
"value": "5.2.7.Borrowing costs Borrowing costs are recognised in profit or loss in the period in which they are incurred, unless they are directly attributable to qualifying assets, in which case they are capitalised.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingCostsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__43": {
"value": "5.2.8.Government grants Capital grants are presented on a separate line \u201ccapital grants\u201d in the consolidated balance sheet. Government grants are recognised in profit or loss (in other operating income) over the periods necessary to match them with the related costs. Government grants related to later periods are presented in the financial statements as deferred income in a separate section of current liabilities. Since 2022, these are now separately shown. If the government grant relates directly to an investment, it is deducted from the investment costs or taken to the income statement as other debts over the depreciation period of the asset to which it relates. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForGovernmentGrants",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__45": {
"value": "5.2.9.Retirement benefit costs and termination benefits For defined benefit retirement benefit plans, the cost of providing benefits - as well as the defined contribution plans - is determined using the projected unit credit method, with actuarial valuations being carried out at the end of each annual reporting period. Remeasurement, comprising actuarial gains and losses, the effect of the changes to the asset ceiling (if applicable) and the return on plan assets (excluding interest), is reflected immediately in the statement of financial position with a charge or credit recognised in other comprehensive income is reflected immediately in retained earnings and will not be reclassified to profit or loss. Past service cost is recognised in profit or loss in the period of a plan amendment. Net interest is calculated by applying the discount rate at the beginning of the period to the net defined benefit liability or asset. Benefit costs are categorised as follows: \u2022Service cost (including current service cost, past service cost, as well as gains and losses on curtailments and settlements). \u2022Net interest expense or income. \u2022Remeasurement. The group presents the first 2 components of benefit costs in profit and loss in the line item employee benefits expense. Curtailment gains and losses are accounted for as past service costs. The 3rd component is recognised directly to other comprehensive income. The retirement benefit obligation recognised in the consolidated statement of financial position represents the actual deficit or surplus in the group\u2019s benefit plans. Any surplus resulting from this calculation is limited to the present value of any economic benefits available in the form of refunds from the plans or reductions in future contributions to the plans. A liability for a termination benefit is recognised at the earlier of when the entity can no longer withdraw the offer of the termination benefit and when the entity recognises any related restructuring costs.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTerminationBenefits",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__44": {
"value": "5.2.9.Retirement benefit costs and termination benefits For defined benefit retirement benefit plans, the cost of providing benefits - as well as the defined contribution plans - is determined using the projected unit credit method, with actuarial valuations being carried out at the end of each annual reporting period. Remeasurement, comprising actuarial gains and losses, the effect of the changes to the asset ceiling (if applicable) and the return on plan assets (excluding interest), is reflected immediately in the statement of financial position with a charge or credit recognised in other comprehensive income is reflected immediately in retained earnings and will not be reclassified to profit or loss. Past service cost is recognised in profit or loss in the period of a plan amendment. Net interest is calculated by applying the discount rate at the beginning of the period to the net defined benefit liability or asset. Benefit costs are categorised as follows: \u2022Service cost (including current service cost, past service cost, as well as gains and losses on curtailments and settlements). \u2022Net interest expense or income. \u2022Remeasurement. The group presents the first 2 components of benefit costs in profit and loss in the line item employee benefits expense. Curtailment gains and losses are accounted for as past service costs. The 3rd component is recognised directly to other comprehensive income. The retirement benefit obligation recognised in the consolidated statement of financial position represents the actual deficit or surplus in the group\u2019s benefit plans. Any surplus resulting from this calculation is limited to the present value of any economic benefits available in the form of refunds from the plans or reductions in future contributions to the plans. A liability for a termination benefit is recognised at the earlier of when the entity can no longer withdraw the offer of the termination benefit and when the entity recognises any related restructuring costs.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__47": {
"value": "5.2.10.Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The group\u2019s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised on differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit, and is accounted for using the balance sheet liability method. Deferred tax liabilities are generally recognised for all taxable temporary differences and deferred tax assets are recognised to the extent that it is probable that taxable profits will be available against which deductible temporary differences can be utilised. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset realised. Deferred tax is charged or credited to profit or loss, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when there is a legally enforceable right to set off current tax assets against current tax liabilities and when they relate to income taxes levied by the same taxation authority and the group intends to settle its current tax assets and liabilities on a net basis.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__46": {
"value": "5.2.10.Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The group\u2019s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised on differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit, and is accounted for using the balance sheet liability method. Deferred tax liabilities are generally recognised for all taxable temporary differences and deferred tax assets are recognised to the extent that it is probable that taxable profits will be available against which deductible temporary differences can be utilised. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset realised. Deferred tax is charged or credited to profit or loss, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when there is a legally enforceable right to set off current tax assets against current tax liabilities and when they relate to income taxes levied by the same taxation authority and the group intends to settle its current tax assets and liabilities on a net basis.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__48": {
"value": "5.2.11.Property, plant and equipment Property, plant & equipment are stated at cost less accumulated depreciation and any accumulated impairment losses. Properties in the course of construction for production, rental or administrative purposes, are carried at cost, less any recognised impairment loss. Cost includes professional fees and, for qualifying assets, borrowing costs capitalised in accordance with the group\u2019s accounting policy. Depreciation of these assets commences when the assets are ready for their intended use. Depreciation is charged so as to write off the cost of assets, other than land and properties under construction, over their estimated useful lives, using the straight-line method. Assets held under finance leases are depreciated over their expected useful lives on the same basis as owned assets or, where shorter, the term of the relevant lease. The gain or loss arising on the disposal or retirement of an item of property, plant and equipment is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognised in profit or loss. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__54-1": {
"value": "5.2.12.Internally-generated intangible assets \u2013 research and development expenditure Expenditure on research activities is recognised as an expense in the period in which it is incurred. An internally-generated intangible asset arising from the group\u2019s development is recognised only if all of the following conditions are met: \u2022An asset is created that can be identified (such as software and new processes). \u2022It is probable that the asset created will generate future economic benefits and. \u2022The development cost of the asset can be measured reliably. Internally-generated intangible assets are amortised on a straight-line basis over their estimated useful lives. Where no internally-generated intangible asset can be recognised, development expenditure is charged to profit or loss in the period in which it is incurred.5.2.13.Patents, trademarks and software purchased Patents, trademarks and software purchased are measured initially at purchase cost and are amortised on a straight-line basis over their estimated useful lives.5.2.14.Impairment of tangible and intangible assets excluding goodwill At each balance sheet date, the group reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the group estimates the recoverable amount of the cash generating unit to which the asset belongs. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease. Where an impairment loss subsequently reverses, the carrying amount of the asset (cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (cash generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__51": {
"value": "5.2.12.Internally-generated intangible assets \u2013 research and development expenditure Expenditure on research activities is recognised as an expense in the period in which it is incurred. An internally-generated intangible asset arising from the group\u2019s development is recognised only if all of the following conditions are met: \u2022An asset is created that can be identified (such as software and new processes). \u2022It is probable that the asset created will generate future economic benefits and. \u2022The development cost of the asset can be measured reliably. Internally-generated intangible assets are amortised on a straight-line basis over their estimated useful lives. Where no internally-generated intangible asset can be recognised, development expenditure is charged to profit or loss in the period in which it is incurred.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__55": {
"value": "5.2.13.Patents, trademarks and software purchased Patents, trademarks and software purchased are measured initially at purchase cost and are amortised on a straight-line basis over their estimated useful lives.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForProgrammingAssetsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__62-1": {
"value": "5.2.14.Impairment of tangible and intangible assets excluding goodwill At each balance sheet date, the group reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the group estimates the recoverable amount of the cash generating unit to which the asset belongs. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease. Where an impairment loss subsequently reverses, the carrying amount of the asset (cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (cash generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.The inventories are valued at the lower of cost, determined as described above, or net realisable value. The market value represents the estimated selling price in normal circumstances less estimated cost of completion and costs to be incurred to realise sales (marketing, selling and distribution). The estimated selling price is based on the LME quotation (London Metal Exchange) for lead. For the antimony price we refer to the current prices in combination with the already contracted purchase and sales contracts. Value reductions are made for the old and slow moving inventories.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__63": {
"value": "5.2.15.Inventories Cost of the raw materials includes both the purchasing price (using the principle of First in First out (\u201cFIFO\u201d)), and the direct purchasing costs, like import duties, transportation and completion costs. Cost of work in progress and finished products comprises all direct and indirect costs necessary that have been incurred in bringing the inventories to their present location condition on balance sheet date. Direct costs include, among others, the cost of the used raw materials and the direct labour costs. Indirect costs include a systematical impute of fixed and variable indirect production costs proceeded from the conversion of raw materials in end products. The impute of fixed indirect production costs is based on the normal capacity of the production facilities. For the determination of the cost, the standard cost price method is used. The standard cost price takes into account the normal use of raw and auxiliary materials, labour, efficiency and capacity. The standardcost price is frequently being evaluated and, if necessary, revised in consideration with the present conditions. The standard cost price of the raw and auxiliary materials, as also the appreciation of it in work in progress and in raw materials, will be revised every month on the basis of the new determined FIFO value of these raw and auxiliary materials. The inventories are valued at the lower of cost, determined as described above, or net realisable value. The market value represents the estimated selling price in normal circumstances less estimated cost of completion and costs to be incurred to realise sales (marketing, selling and distribution). The estimated selling price is based on the LME quotation (London Metal Exchange) for lead. For the antimony price we refer to the current prices in combination with the already contracted purchase and sales contracts. Value reductions are made for the old and slow moving inventories.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__66": {
"value": "5.2.16.Trade receivables Trade receivables are measured at initial recognition at fair value. Appropriate allowances for estimated irrecoverable amounts are recognised in profit or loss when there is objective evidence that the asset is impaired. The allowance recognised is measured as the difference between the asset\u2019s carrying amount and the present value of estimated future cash flows discounted at the effective interest rate computed at initial recognition. Based on a regular age analysis of the assets, it is determined case per case if a liability for doubtful debtors is needed. Factoring The group entered into a factoring agreement with a credit institution, whereby the credit institution pays advances to the group on trade receivables. As the credit risk of these receivables remains with the group,not all risks and rewards of the transferred receivablesare transferred. As a consequence, the receivables remain on the balance sheet of the group and the advances received are recorded in the balance sheet under the short term advances on factoring.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__68": {
"value": "5.2.17.Cash and cash equivalents Cash and cash equivalents comprise cash on hand and demand deposits. Cash and cash equivalents are included at fair value.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__70": {
"value": "5.2.18.Bank borrowings Interest-bearing bank loans and overdrafts are measured at fair value. Any difference between the proceeds (net of transaction costs) and the settlementor redemption of borrowings is recognised over the term of the borrowings in accordance with the group\u2019saccounting policy for borrowing costs (see above).",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__76": {
"value": "5.2.20.Provisions Provisions are recognised when the group has a present obligation as a result of a past event, and it is probable that the group will be required to settle that obligation. Provisions are measured at the directors\u2019 best estimate of the expenditure required to settle the obligation at the balance sheet date, and are discounted to present value where the effect is material.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__77": {
"value": "5.3.JUDGEMENT AND USE OF ESTIMATES The preparation of financial statements requires the use of estimates and assumptions to determine the value of assets and liabilities, to assess the positive and negative consequences of unforeseen situations and events at the balance sheet date, and to form a judgement as to the revenues and expenses of the fiscal year. The basis of the judgement and use of estimates is consistent to our annual report 2021. Significant estimates made by the group in preparation of the financial statements relate mainly to: \u2022Valuation of the recoverable amount of stocks (see note 5.12.). The inventories are valued at cost, determined as described above, or at market value, if the latter is lower. \u2022Valuation of sanitation provisions (see note 5.21.). The group has set up a provision for soil sanitation and other environmental items. \u2022Pension and related liabilities (see note 5.26.). The estimated liability arising from defined contribution and defined benefit retirement plans of the group, is based on actuarial assumptions. The pre-tax discount rate and estimated salary expectations are actuarial assumptions which can significantly affect the liability. \u2022Deferred tax assets are recognised for the carry forward of unused tax losses and unused tax credits to the extent that it is probable that future taxable profit will be available against which the unused tax losses and unused tax credits can be utilised. In making its judgement, the board takes into account long-term business strategy. A major uncertainty in the determination of the future taxable result concerns the volatility and unpredictability of raw material prices. \u2022Others: litigation and lawsuits. The Campine groupis subject to proceedings, lawsuits and other claims related to products and other matters. We are required to assess the likelihood of any adversjudgements or outcomes to these matters as well as potential ranges of probable and reasonably possible losses. This requires significant management judgement. Due to the uncertainties inherent in all valuation processes, the group revises its estimates on the basis of regularly updated information. Future results may differ from these estimates. As well as the use of estimates, group management also uses judgement in defining the accounting treatment for certain operations and transactions not addressed under the IFRS standards and interpretations currently in force. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__78": {
"value": "5.4.OPERATIONAL SEGMENTS 5.4.1.Acquisition of the French entities (gain on bargain purchase) Acquisitions in 2022 On 7 July 2022 the Campine group entered into a business combination, and acquired certain assets, including the key-personnel from the French Company Recylex SA. This was done as part of a bankruptcy proceeding and after approval from the French competent Court which examined the various bids made. The acquisition also included 100% of the shares and voting rights of the company C2P SAS. The business combination consists of 2 lead-acid battery breaker plants and a PP plastic recycling factory in France, as well as the related inventory and work force. The acquisition was needed to increase the Group\u2019s acid battery reprocessing capabilities. The battery breaker activities in France are hosted in a new business unit called `recycled Batteries\u2019 (legal entity name is Campine France SA) and are integrated in our Circular Metals division (formerly Metals Recycling division) as it is an upstream addition to its business. The plastics recycling company C2P SAS becomes Campine `recycled Polymers\u2019 business unit and is hosted in the Specialty Chemicals division, due to its overlap in customers and technology with our Flame Retardant Masterbatches BU (formerly Plastics BU) in Beerse. Assets acquired and liabilities assumed The Group performed a purchase price allocation exercise whereby the identifiable assets and liabilities were measured at their acquisition date fair values. in \u2018OOO eur Booked value Fair value Bargain price Tax (25%) (deferred) Fixed Assets (Recylex SA & C2P SAS) 1,565 9,019 7,454 1,863 Participation C2P SAS 250 3,390 3,140 0Inventory Recylex SA 2,485 4,659 2,174 544 Provisions 0 -4,720 -4,720 -1,180 Other liabilities 0-458 -458 -115 Gain on bargain purchase 7,590 -1,112 Net gain on bargain purchase 6,478 In order to show the impact of the acquisition we have provided a consolidated balance sheet of both entitities which will be integrated in the group balance sheet. \u2018000 eur Notes 7/7/2022 ASSETSAssetsProperty, plant and equipment 5.9 9.019 Right-of-use assets 87 Inventories 5.12 5.819 Trade receivables 5.13.1 2.810 Other receivables 80 Cash and cash equivalents 1.656 TOTAL ASSETS 19.471 LiabilitiesObligation for personnel (incl. retirement benefit) -646 Obligations under leases -87 Provisions-4.720 Capital grants 5.18.3 -736 Trade payables 5.18.1 -5.110 Other payables -332 Total liabilities -11.631 Capital and reserves Share capital -250 Total Capital and Reserves -250 Gain on bargain purchase 7.590 Deferred tax liabilities 5.7 -1.112 Net gain on bargain purchase 6.478 The tangible fixed assets, including the land and buildings, measured at their acquisition date fair value, resulting in a value as stated in the table above. In this respect, management considered costs of remediation required and imposed by the respective environmental and other authorities. The necessary provisions have also been made for soil remediation based on estimates made by specialized external experts. These were also included in the provisions mentioned above. Inventories acquired consisted of lead batteries and plastics measured at their estimated acquisition date fair values based on a combination of market reference prices and other supporting external documents such as invoices. Accounts receivable acquired gross amount to \u20ac 2,810K. Given the short maturity dates, the carrying value of the accounts receivable is deemed representative of their acquisition date fair value. The accounts receivable are all trade accounts receivable and it is expected that the full contractual amounts can be collected. Accounts payable and employee related obligations were assumed a their carrying values deemed to be representative of their fair values at acquisition date. The Group measured the acquired lease liabilities using the present value of the remaining lease payments at the date of acquisition. The right-of-use assets were measured at an amount equal to the lease liabilities and adjusted to reflect the favourable terms of the lease relative to market terms. The business combination resulted in a negative goodwill amount of \u20ac 6,478K (net of tax) primarily because of the fact that the selling party was under financial distress and the acquisition was contingent upon approval by the French Commercial Court in Paris, who approved Campine\u2019s bid on 6 July 2022 and declared Campine as owner of the aforementioned business as from the morning of 7 July 2022. Analysis of consideration paid In 2022 transaction costs of \u20ac 450K were expensed and are included in other operating expenses. Analysis of cash flows on acquisition Transaction cost of the acquisition (included in cash flow from operating activities) -3,945 Net cash acquired with the subsidiary (included in cash flows from investing activities) 1,406Net cash flow on acquisition -2,539 From the date of the acquisition, the French entities contributed \u20ac 29.6 mio of revenue and \u20ac 1.1 mio to profit before tax. We believe that providing information of the contribution to revenues and net result as if the acquisition would have happened at the beginning of the reporting period, is impracticable because of lack of access to the records of part of the activities and lack of comparability as Recylex was under financial distress during the first semester of 2022 ending up in a declared bankruptcy in April 2022. There is no contingent consideration payable nor are there any indemnification assets. In order to show the impact of the acquisition as at 31 December 2022, we have provided in several notes the impact of the French entities on the group balance sheet and income statement. 5.4.2.Geographical segments The group\u2019s registered office is located in Belgium, Nijverheidsstraat 2, 2340 Beerse. The group\u2019s manufacturing operations are located in Nijverheidsstraat 2, 2340 Beerse, Belgium; 300 avenue de l\u2019Epie, 69400 Arnas France and 20 rue des Pr\u00e9s, 59161 Escaudoeuvres, France. The following table provides an analysis of the group\u2019s sales by geographical market. 12/31/2022 12/31/2021 \u2018000 eur 000 eur % \u2018000 eur %Belgium 8,945 2.8% 6,924 3.1% Germany 114,162 36.0% 82,908 36.6% Switzerland 33,044 10.4% 19,448 8.6% France 18,520 5.8% 18,566 8.2% Italy 18,158 5.7% 10,832 4.8% Romania 10,686 3.4% 9,340 4.1% The Netherlands 10,210 3.2% 7,574 3.3% Turkey 6,497 2.0% 2,871 1.3% Poland 6,275 2.0% 4,289 1.9% United Kingdom 3,075 1.0% 1,988 0.9% Other European countries 15,066 4.7% 12,669 5.6% North America 44,470 14.0% 27,930 12.3% Asia 26,843 8.5% 19,810 8.8% Others 1,479 0.5% 1,168 0.5% 317,430 100% 226,317 100% 91% of the turnover of Circular Metals was realised in Europe whereas 63% of the turnover of Specialty Chemicals was achieved in Europe. 5.4.3.Business segments/divisions Our reportable segments reflect the significant components of our operations. We evaluate our business operations in two segments, called divisions: \u201cSpecialty Chemicals\u201d and \u201cCircular Metals\u201d. Discrete financial information on these two segments is provided to the CODM (turnover is presented per BU, volumes are presented per division.) The battery breaker activities in France are hosted in a new business unit called \u2018recycled Batteries\u2019 and are integrated in our Circular Metals division (formerly Metals Recycling division) as it is an upstream addition to its business. The plastics recycling company C2P becomes Campine \u2018recycled Polymers\u2019 business unit and is hosted in the Specialty Chemicals division, due to its overlap in customers and technology with our Flame Retardant Masterbatches BU (formerly Plastics BU) in Beerse. The main activities are: \u2022 Specialty Chemicals hosts all businesses which serve end-markets with chemical products and derivates. The manufacturing of antimony trioxide used as flame-retardant, polymerization catalyst and pigment reagent and the production of different types of polymer and plastic masterbatches. The Specialty Chemicals division comprises the business units (BU\u2019s) BU Antimony trioxide, BU FR Masterbatches and BU recycled Polymers. BU Antimony BU FR BU recycled Total Specialty Turnover in \u2018000 eur trioxide Masterbatches Polymers Chemicals On 31 December 2022 99,547 47,769 6,218 153,534 On 31 December 2021 72,411 33,941 - 106,352 \u2206 37.5% 40.7% - 44.4% The total (external and cross-business unit) turnover of the Specialty Chemicals division represents a volume of 18,483 ton (12/31/2021: 15,598 ton) (+18%). The split between external sales and cross-business unit sales can be found in the table on the next page. \u2022 Circular Metals hosts the businesses in which metals are being recovered from industrial and postconsumer waste streams. The main activity is the manufacturing of lead alloys. To this business is added the growing activity of the recycling of other metals such as antimony and tin. This division comprises the business units (BU\u2019s) BU Lead, BU Metals Recovery and BU recycled Batteries. BU Metals BU recycled Total Turnover in \u2018000 eur Recovery BU Lead Batteries Circular Metals On 31 December 2022 18,111 149,140 29,559 196,810 On 31 December 2021 14,945 127,226 - 142,171 \u2206 21.2% 17.2% - 38.4% The total (external and cross-business unit) turnover of the Circular Metals division represents a volume of 91,813 ton (12/31/2021: 63,873 ton) (+44%). The split between external sales and cross-business unit sales can be found in the table on the next page. There is one customer in BU Lead who represents more than 10% of the group\u2019s turnover (15%). Specialty Chemicals Circular Metals Unallocated Total \u2018000 eur 12/31/2022 12/31/2022 12/31/2022 12/31/2022 REVENUE External sales 153,534 163,896 - 317,430 Cross-business unit sales in the same segment - 32,914 -32,914 0Total revenue 153,534 196,810 -32,914 317,430 RESULT Segment operating result 4,388 9,431 - 13,819 Gain on bargain purchase 6,478 6,478 Operating result (EBIT) 21,409 Investment revenues - - 22Hedging results - -612 - -612 Finance costs - - -747 -747 Result before tax 20,052 Income tax expense -3,135 Result for the period 15,805 Specialty Chemicals Circular Metals Unallocated Total \u2018000 eur 12/31/2022 12/31/2022 12/31/2022 12/31/2022 OTHER INFORMATION 4,072 14,815 4,359 23,246 Capital additions 4,542 9,813 2,092 16,447 Depreciation and amortisation (incl. right-of- -1,506 -3,294 -959 -5,759 use assets) BALANCE SHEET Assets Fixed assets (incl. right-of-use assets) 7,108 21,334 5,492 33,934 Deferred tax - - 166 166 Cash paid in escrow - - 57 57 Inventories 25,625 24,250 2,161 52,036 Trade receivables 19,382 17,850 -1,613 35,619 Other receivables - - 2,873 2,873 Cash and cash equivalent - - 2,908 2,908 Total assets 52,115 63,434 12,044 127,593 Long term liabilities Retirement benefit obligation - - 1,496 1,496 Deferred tax liabilities - - 741 741 Bank loans - - 5,250 5,250 Obligations under leases - - 184 184 Provisions 170 6,065 - 6,235 Short term liabilities Retirement benefit obligation - - 14 14 Trade payables 6,052 16,105 986 23,143 Other payables - - 5,746 5,746 Capital grants - - 1,249 1,249 Derivatives - 632 - 632 Current tax liabilities - - 1,200 1,200 Obligations under leases - - 208 208 Bank overdrafts and loans* - - 21,945 21,945 Total liabilities 6,222 22,802 39,019 68,043 * Advances on bank overdrafts and loans are always withdrawn in function of the necessary working capital. They are considered to relate to the whole of the group's four legal entities and are therefore not allocated at segment level. Specialty Chemicals Metals Recycling Unallocated Total \u2018000 eur 12/31/2021 12/31/2021 12/31/2021 12/31/2021 REVENUE External sales 106,352 119,965 - 226,317 Cross-business unit sales in the same segment - 22,206 -22,206 0Total revenue 106,352 142,171 -22,206 226,317 RESULT Segment operating result 10,583 8,514 - 19,097 Unallocated expenses Operating result (EBIT) 19,097 Investment revenues - - - - Hedging results - -786 - -786 Finance costs - - -346 -346 Result before tax 17,965 Income tax expense -4,454 Result for the period 13,511 Specialty Chemicals Circular Metals Unallocated Total \u2018000 eur 12/31/2021 12/31/2021 12/31/2021 12/31/2021 OTHER INFORMATION Capital additions 1,038 5,621 1,718 8,377 Depreciation and amortisation (incl. right-of-use -1,225 -2,277 -833 -4,335 assets) BALANCE SHEET Assets Fixed assets (incl. right-of-use assets) 4,072 14,815 4,359 23,246 Deferred tax - - 104 104 Inventories 25,807 17,221 2,375 45,403 Trade receivables 14,376 7,340 38 21,754 Other receivables 1,915 1,915 Cash and cash equivalent - - 153 153 Total assets 44,255 39,376 8,944 92,575 Long term liabilities Retirement benefit obligation - - 1,192 1,192 Deferred tax liabilities - - 219 219 Bank loans - - 1,500 1,500 Obligations under leases - - 206 206 Provisions 190 995 - 1,185 Short term liabilities Retirement benefit obligation - - 31 31 Trade payables 5,800 14,610 3,841 24,251 Other payables - - 4,561 4,561 Capital grants - - 656 656 Derivatives - 65 - 65 Current tax liabilities - - 121 121 Obligations under leases - - 167 167 Bank overdrafts and loans* - - 10,448 10,448 Total liabilities 5,980 15,670 22,942 44,602 * Advances on bank overdrafts and loans are always withdrawn in function of the necessary working capital. They are considered to relate to the whole of the group\u2019s four legal entities and are therefore not allocated at segment level. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__11": {
"value": "Nijverheidsstraat 2, 2340 Beerse, Belgium",
"dimensions": {
"concept": "ifrs-full:PrincipalPlaceOfBusiness",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__10": {
"value": "Nijverheidsstraat 2, 2340 Beerse, Belgium",
"dimensions": {
"concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__7": {
"value": "Nijverheidsstraat 2, 2340 Beerse, Belgium",
"dimensions": {
"concept": "ifrs-full:DomicileOfEntity",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__81": {
"value": "5.4.3.Business segments/divisions Our reportable segments reflect the significant components of our operations. We evaluate our business operations in two segments, called divisions: \u201cSpecialty Chemicals\u201d and \u201cCircular Metals\u201d. Discrete financial information on these two segments is provided to the CODM (turnover is presented per BU, volumes are presented per division.) The battery breaker activities in France are hosted in a new business unit called \u2018recycled Batteries\u2019 and are integrated in our Circular Metals division (formerly Metals Recycling division) as it is an upstream addition to its business. The plastics recycling company C2P becomes Campine \u2018recycled Polymers\u2019 business unit and is hosted in the Specialty Chemicals division, due to its overlap in customers and technology with our Flame Retardant Masterbatches BU (formerly Plastics BU) in Beerse.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__82": {
"value": "5.5. OTHER OPERATING EXPENSE AND INCOME \u2018000 eur 12/31/2022 12/31/2021OTHER OPERATING EXPENSE Office expenses & IT 1,325 937 Fees 1,169 678 Insurances 695 541Interim personnel 2,718 1,868 Expenses related to personnel 205 121 Carry-off of waste 4,209 4,066Travel expenses 300 126 Transportation costs 6,692 2,998Other purchase and sales expenses 733 721 Negative operating hedge result 430 687 Research & development 186 422 Renting 530 141Subscriptions 365 472 Advertising - publicity 114 68 Other taxes (unrelated to result) 165 125 Financial costs (other than interest) 303 125 Others 387 220 20,526 14,316 \u2018000 eur 12/31/2022 12/31/2021 OTHER OPERATING INCOME Positive operating hedge result 1,192 806 Finance income (other than interest) 1,325 - Renting 53 - Claims 244 12 Subsidies 229 228 Produced assets - own construction 180 294Recuperation of costs from third parties 10 32 Others 110 35 3,343 1,407",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__83-1": {
"value": "\u2018000 eur 12/31/2022 12/31/2021OTHER OPERATING EXPENSE Office expenses & IT 1,325 937 Fees 1,169 678 Insurances 695 541Interim personnel 2,718 1,868 Expenses related to personnel 205 121 Carry-off of waste 4,209 4,066Travel expenses 300 126 Transportation costs 6,692 2,998Other purchase and sales expenses 733 721 Negative operating hedge result 430 687 Research & development 186 422 Renting 530 141Subscriptions 365 472 Advertising - publicity 114 68 Other taxes (unrelated to result) 165 125 Financial costs (other than interest) 303 125 Others 387 220 20,526 14,3165.6. FINANCE COSTS \u2018000 eur 12/31/2022 12/31/2021Interest on bank overdrafts, loans and factoring 742 335Interest cost on leasing 5 11Total borrowing costs 747 3465.7. INCOME TAX EXPENSE \u2018000 eur 12/31/2022 12/31/2021Current tax 3,806 4,478Deferred tax -671 -24Income tax expense for the year 3,135 4,454Domestic and French income tax are calculated at 25% (2021: 25%) of the estimated assessable result for the year. The impact on the income tax due to the acquisition of the French entities amounts to \u20ac 1,112K. \u2018000 eur 12/31/2022 12/31/2021 Result before tax 18,940 17,965Tax at the domestic income tax rate of 25% (2021: 25%) 4,735 4,491 Tax effect of expenses that are not deductible in determining taxable result 49 48Tax effect of Notional Interest Deduction (NID) 0 0Tax settlement previous years 1 -90Tax effect of utilisation of tax losses previously not recognised and timing differences -1,650 -39Tax penalty (insufficient prepayments) 0 44Effect of different tax rates of subsidiaries operating in other jurisdicti- ons 0 0Tax expense and effective tax rate for the period 3,135 4,454",
"dimensions": {
"concept": "ifrs-full:DisclosureOfExpensesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__84": {
"value": "\u2018000 eur 12/31/2022 12/31/2021OTHER OPERATING EXPENSE Office expenses & IT 1,325 937 Fees 1,169 678 Insurances 695 541Interim personnel 2,718 1,868 Expenses related to personnel 205 121 Carry-off of waste 4,209 4,066Travel expenses 300 126 Transportation costs 6,692 2,998Other purchase and sales expenses 733 721 Negative operating hedge result 430 687 Research & development 186 422 Renting 530 141Subscriptions 365 472 Advertising - publicity 114 68 Other taxes (unrelated to result) 165 125 Financial costs (other than interest) 303 125 Others 387 220 20,526 14,316",
"dimensions": {
"concept": "ifrs-full:DisclosureOfExpensesByNatureExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__85": {
"value": "\u2018000 eur 12/31/2022 12/31/2021OTHER OPERATING EXPENSE Office expenses & IT 1,325 937 Fees 1,169 678 Insurances 695 541Interim personnel 2,718 1,868 Expenses related to personnel 205 121 Carry-off of waste 4,209 4,066Travel expenses 300 126 Transportation costs 6,692 2,998Other purchase and sales expenses 733 721 Negative operating hedge result 430 687 Research & development 186 422 Renting 530 141Subscriptions 365 472 Advertising - publicity 114 68 Other taxes (unrelated to result) 165 125 Financial costs (other than interest) 303 125 Others 387 220 20,526 14,316",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__86": {
"value": "\u2018000 eur 12/31/2022 12/31/2021 OTHER OPERATING INCOME Positive operating hedge result 1,192 806 Finance income (other than interest) 1,325 - Renting 53 - Claims 244 12 Subsidies 229 228 Produced assets - own construction 180 294Recuperation of costs from third parties 10 32 Others 110 35 3,343 1,407",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__91": {
"value": "5.6. FINANCE COSTS \u2018000 eur 12/31/2022 12/31/2021Interest on bank overdrafts, loans and factoring 742 335Interest cost on leasing 5 11Total borrowing costs 747 346",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestExpenseExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__90": {
"value": "5.6. FINANCE COSTS \u2018000 eur 12/31/2022 12/31/2021Interest on bank overdrafts, loans and factoring 742 335Interest cost on leasing 5 11Total borrowing costs 747 346",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__88": {
"value": "5.6. FINANCE COSTS \u2018000 eur 12/31/2022 12/31/2021Interest on bank overdrafts, loans and factoring 742 335Interest cost on leasing 5 11Total borrowing costs 747 346",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinanceCostExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__87": {
"value": "5.6. FINANCE COSTS \u2018000 eur 12/31/2022 12/31/2021Interest on bank overdrafts, loans and factoring 742 335Interest cost on leasing 5 11Total borrowing costs 747 346",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__92-1": {
"value": "5.7. INCOME TAX EXPENSE \u2018000 eur 12/31/2022 12/31/2021Current tax 3,806 4,478Deferred tax -671 -24Income tax expense for the year 3,135 4,454Domestic and French income tax are calculated at 25% (2021: 25%) of the estimated assessable result for the year. The impact on the income tax due to the acquisition of the French entities amounts to \u20ac 1,112K. \u2018000 eur 12/31/2022 12/31/2021 Result before tax 18,940 17,965Tax at the domestic income tax rate of 25% (2021: 25%) 4,735 4,491 Tax effect of expenses that are not deductible in determining taxable result 49 48Tax effect of Notional Interest Deduction (NID) 0 0Tax settlement previous years 1 -90Tax effect of utilisation of tax losses previously not recognised and timing differences -1,650 -39Tax penalty (insufficient prepayments) 0 44Effect of different tax rates of subsidiaries operating in other jurisdicti- ons 0 0Tax expense and effective tax rate for the period 3,135 4,4545.17.DEFERRED TAX The following are the major deferred tax liabilities and assets recognised by the group, and the movements thereon, during the current and prior reporting periods. Timing differences Positive Retirement on fixed fair value benefit Fiscal Capital \u2018000 eur assets derivatives obligations losses Others Grants Total On 31 December 2020 3 23 -112 - - - -86 Charge/(credit) to result for the year -2 -23 -11 - 12 219 195 Charge/(credit) to other comprehensive income -- 6 - - - 6On 31 December 2021 1 - -117 - 12 219 115 Charge/(credit) to result for the year 552 - 26 - -108 -31 439income Charge/(credit) to other comprehensive -- 21 - - - 21On 31 December 2022 553 0 -70 - -96 188 575The balance of \u20ac 575K (12/31/2021: \u20ac 115K) consists of a deferred tax asset ad \u20ac 166K (12/31/2021: \u20ac 104K) and a deferred tax liability of \u20ac 741K (12/31/2021: \u20ac 219K). The changes are mainly due to the acquistion of the French entities. In the opening balance sheet, we assumed \u20ac 1,112K of deferred tax liability of which \u20ac 672K was utilised subsequent to the acquisition. The other part of the deferred tax liabilities (\u20ac 188K) relates to the investment grant of \u20ac 1 million that Campine received in 2021.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__94": {
"value": "5.8.DIVIDENDS AND TANTI\u00c8ME The board proposes to pay a dividend amounting to \u20ac 3.75 mio based on the 2022 results. This dividend reflects the policy to distribute 1/3 of the net result, this time taking into account the operational results and excluding the one-time non-cash effect from the acquisition. A total dividend of \u20ac 4.2 mio was paid based on the 2021 result. The board proposes to pay the non-executive directors a tanti\u00e8me for the financial year closed on 12/31/2022 as follows: Tanti\u00e8me \u20ac 15,000 \u20ac 15,000 \u20ac 15,000 \u20ac 30,000 \u20ac 15,000 \u20ac 90,000 For the financial year closed on 12/31/2021 a total tanti\u00e8me of \u20ac 90K was paid. 5.8.1.Result per share As no potential shares \u2013 which could lead to dilution \u2013 were issued and no activities were ceased, the diluted result per share equals the basic result per share. The calculation of the basic and diluted result per share attributable to the ordinary equity holders of the parent is based on the following data: \u2018000 eur 12/31/2022 12/31/2021 RESULT Result for purposes of basic and diluted results per share (result for the year 15.805 13.511 attributable to equity holders of the parent) NUMBER OF SHARES Weighted average number of ordinary shares for the purposes of basic and 1.500.000 1.500.000 diluted results per share ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDividendsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__95": {
"value": "3750000",
"decimals": -4,
"dimensions": {
"concept": "ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:EUR/xbrli:shares"
}
},
"s8_notes__6__96": {
"value": "5.8.1.Result per share As no potential shares \u2013 which could lead to dilution \u2013 were issued and no activities were ceased, the diluted result per share equals the basic result per share. The calculation of the basic and diluted result per share attributable to the ordinary equity holders of the parent is based on the following data: \u2018000 eur 12/31/2022 12/31/2021 RESULT Result for purposes of basic and diluted results per share (result for the year 15.805 13.511 attributable to equity holders of the parent) NUMBER OF SHARES Weighted average number of ordinary shares for the purposes of basic and 1.500.000 1.500.000 diluted results per share ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__97": {
"value": "5.9.PROPERTY, PLANT AND EQUIPMENT Land and Properties under Fixtures and \u2018000 eur buildings construction equipment Total COST OR VALUATION On 31 December 2020 15,777 1,919 75,223 92,919 Additions 769 386 7,209 8,364 Transfers 405 -1,919 1,514 0On 31 December 2021 16,951 386 83,946 101,283 Additions6,522 246 8,981 15,749 Transfers-386 386 0On 31 December 2022 23,473 246 93,313 117,032 ACCUMULATED DEPRECIATION On 31 December 2020 13,045 - 61,361 74,406 Depreciation charge for the year 293 - 3,815 4,108 On 31 December 2021 13,338 - 65,176 78,514 Depreciation charge for the year 467 - 5,077 5,544 On 31 December 2022 13,805 0 70,253 84,058 CARRYING AMOUNT On 31 December 2022 9,668 246 23,060 32,974 On 31 December 2021 3,613 386 18,770 22,769 New investments amount to \u20ac 15,749K of which \u20ac 9,019K is attributable to the French acquisitions: \u20ac 5,945K for land and buildings and \u20ac 3,074K for furnishings and equipment. We always depreciate until residual value 0. The following depreciation rates are used for property, plant and equipment: Industrial, administrative, commercial buildings 5% Furniture 20% Vehicles 25% Installations, machinery and equipment 5% \u201333% depending on the life time The group has not pledged land and buildings to secure banking facilities granted to the group.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__98-1": {
"value": "Land and Properties under Fixtures and \u2018000 eur buildings construction equipment Total COST OR VALUATION On 31 December 2020 15,777 1,919 75,223 92,919 Additions 769 386 7,209 8,364 Transfers 405 -1,919 1,514 0On 31 December 2021 16,951 386 83,946 101,283 Additions6,522 246 8,981 15,749 Transfers-386 386 0On 31 December 2022 23,473 246 93,313 117,032 ACCUMULATED DEPRECIATION On 31 December 2020 13,045 - 61,361 74,406 Depreciation charge for the year 293 - 3,815 4,108 On 31 December 2021 13,338 - 65,176 78,514 Depreciation charge for the year 467 - 5,077 5,544 On 31 December 2022 13,805 0 70,253 84,058 CARRYING AMOUNT On 31 December 2022 9,668 246 23,060 32,974 On 31 December 2021 3,613 386 18,770 22,769Patents, trademarks and \u2018000 eur software purchased COST On 31 December 2020 1,927Additions 13 On 31 December 2021 1,940Additions 591On 31 December 2022 2,531ACCUMULATED DEPRECIATION On 31 December 2020 1,797Charge for the year 40On 31 December 2021 1,837Charge for the year 126On 31 December 2022 1,963CARRYING AMOUNT On 31 December 2022 568 On 31 December 2021 103\u2018000 eur Company cars On 31 December 2020 402 Additions 158 Depreciation charge for the year -187 Disposals - On 31 December 2021 373 Additions 108 Depreciation charge for the year -89 Disposals - On 31 December 2022 392",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__100": {
"value": "5.10. INTANGIBLE ASSETS Patents, trademarks and \u2018000 eur software purchased COST On 31 December 2020 1,927Additions 13 On 31 December 2021 1,940Additions 591On 31 December 2022 2,531ACCUMULATED DEPRECIATION On 31 December 2020 1,797Charge for the year 40On 31 December 2021 1,837Charge for the year 126On 31 December 2022 1,963CARRYING AMOUNT On 31 December 2022 568 On 31 December 2021 103 Of the \u20ac 591K additions, \u20ac 285K relates to the renewal of the IT infrastructure in Beerse. The set-up of a new IT structure in the French entities amounted to \u20ac 225K. The intangible assets included in the table have finite useful lives. Intangible assets are, depending on the category, depreciated over 3 to 8 years. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__99": {
"value": "5.10. INTANGIBLE ASSETS Patents, trademarks and \u2018000 eur software purchased COST On 31 December 2020 1,927Additions 13 On 31 December 2021 1,940Additions 591On 31 December 2022 2,531ACCUMULATED DEPRECIATION On 31 December 2020 1,797Charge for the year 40On 31 December 2021 1,837Charge for the year 126On 31 December 2022 1,963CARRYING AMOUNT On 31 December 2022 568 On 31 December 2021 103 Of the \u20ac 591K additions, \u20ac 285K relates to the renewal of the IT infrastructure in Beerse. The set-up of a new IT structure in the French entities amounted to \u20ac 225K. The intangible assets included in the table have finite useful lives. Intangible assets are, depending on the category, depreciated over 3 to 8 years. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__102": {
"value": "5.11. SUBSIDIARIES Details of the group\u2019s subsidiaries on 12/31/2022 are as follows: Place of incorporation Proportion (or registration) Proportion of of voting Name of subsidiary and operation ownership interest power held Principal activity Campine Recycling nv VAT: BE0474.955.451 Belgium 99,99% 100% Lead recycling Campine France sas TVA: FR83 911 549 699 (since 07/07/2022) France 100,00% 100% Lead recycling Campine recycled Polymers TVA: FR 59 342 238 649 (since 07/07/2022) France 100,00% 100% Plastic recycling There are no restrictions on the access to and use of the assets of the subsidiaries nor on the proceedings to settle commitments of the group.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__103": {
"value": "5.12. INVENTORIES \u2018000 eur 12/31/2022 12/31/2021 Raw materials 15,060 12,738 Work-in-progress 12,314 9,603 Finished goods 24,662 23,062 52,036 45,403 The inventory per year-end includes an amount written-off of \u20ac 1,502K (2021: \u20ac 636K) because of the lower of cost and market value. The market value is the estimated selling price under normal circumstances less the estimated conversion cost and the estimated costs of realizing the sale (marketing, sales and distribution). The estimated sales price is determined using the LME (London Metal Exchange) quotations for lead. For the antimony price we refer to the current prices in combination with the already contracted purchase and sales contracts. The inventories are part of the plege on trade fund granted to the banks (see note 5.22). The increase is mainly due to the share of the inventory located in our French entities which reaches \u20ac 6,247K on 12/31/2022 (\u20ac 5,819K on 07/07/2022 point of acquisition).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInventoriesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__104-1": {
"value": "The inventory per year-end includes an amount written-off of \u20ac 1,502K (2021: \u20ac 636K) because of the lower of cost and market value. The market value is the estimated selling price under normal circumstances less the estimated conversion cost and the estimated costs of realizing the sale (marketing, sales and distribution). The estimated sales price is determined using the LME (London Metal Exchange) quotations for lead. For the antimony price we refer to the current prices in combination with the already contracted purchase and sales contracts.An allowance has been recorded for estimated irrecoverable amounts from the sale of goods of \u20ac 1,044K (2021: \u20ac 1,011K). This allowance has been determined on a case-by-case basis. Balances are written off when sufficiently certain that the receivable is definitely lost. The amount of the receivables of our French entities represents \u20ac 9,673K (\u20ac 2,810K on 07/07/2022 point of acquisition)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__105-1": {
"value": "5.13.FINANCIAL ASSETS The board of directors confirms that the carrying amount of trade and other receivables approximates their fair value as those balances are short-term. 5.13.1. Trade receivables \u2018000 eur 12/31/2022 12/31/2021Amounts receivable from the sale of goods 35,619 21,754 35,619 21,754 An allowance has been recorded for estimated irrecoverable amounts from the sale of goods of \u20ac 1,044K (2021: \u20ac 1,011K). This allowance has been determined on a case-by-case basis. Balances are written off when sufficiently certain that the receivable is definitely lost. The amount of the receivables of our French entities represents \u20ac 9,673K (\u20ac 2,810K on 07/07/2022 point of acquisition). The total amount from sales of goods amounting to \u20ac 35,619K includes \u20ac 17,022K subject to commercial factoring by a credit institute. Based on these receivables the credit institute can deposit advances on the account of Campine (\u20ac 9,625K on 12/31/2022, see note 5.16. Bank borrowings) and afterwards collects the receivables itself. The credit risk stays at Campine and is covered by a credit insurance. There are no significant overdue amounts, older than 30 days, which are not provided for and/or are not fully covered by a credit insurance. Management has evaluated the expected loss provision on trade receivables but concluded that there was no need for a (material) additional provision on top of the specific bad debt provisions already recorded. 5.13.2. Other receivables \u2018000 eur 12/31/2022 12/31/2021Other receivables 2,873 1,9152,873 1,915Other receivables principally comprise amounts reclaimed V.A.T. 5.13.3.Bank balances and cash Bank balances and cash comprise cash held by the group and short-term bank deposits with an original maturity of three months or less. The carrying amount of these assets approximates their fair value. 5.13.4.Credit risk The group\u2019s principal financial assets are bank balances and cash, trade and other receivables. The credit risk on liquid funds is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies. The group\u2019s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are after allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows. Concentrations of credit risk with respect to trade receivables are limited due to the group\u2019s customer base being large and unrelated. Due to this, the board of directors believes that there is no further credit risk provision required in excess of the allowance for bad and doubtful debts. Roll-forward of the allowances for doubtful debtors: \u2018000 eur 12/31/2022 12/31/2021 Opening allowance doubtful debtors 1,011 1,011Additions 33 -Reversals - -Closing allowance doubtful debtors 1,044 1,011 Included in the group\u2019s trade receivable balance are debtors with a carrying amount of \u20ac 2,453K (2021: \u20ac 2,430K) which are past due at the reporting date but for which the group has not provided as there has not been a significant change in credit quality and the amounts are still considered recoverable. The group has taken out a credit insurance for these amounts. The average age of these receivables is 13 days past due (2021: 20 days). 5.14.OTHER FINANCIAL ASSETS AND LIABILITIES 5.14.1.Derivatives For a detailed description we refer to accounting policy 5.2.6 Financial instruments mentioned in this report. The table below summarises the net change in fair value \u2013 realised and unrealised \u2013 of the positions on the LME lead / tin futures market where it sells forward lead and tin via future contracts. Fair value of Underlying lead \u2018000 eur current instruments volumes (in ton) On 31 December 2021 -65 2,650 On 31 December 2022 -632 5,150 The change in fair value in income statement amounts to \u20ac -612K (2021: \u20ac -786K). The fair value of the derivatives are included in the balance sheet as current liabilities \u2013 derivatives for \u20ac 632K. The classification of the fair value of the hedge instruments is level 1 (unadjusted quoted prices in an active market for identical assets or liabilities) in the \u201cfair value hierarchy\u201d of IFRS 13. 5.14.2 Lease obligations Roll forward of right-of-use assets: \u2018000 eur Company cars On 31 December 2020 402 Additions 158 Depreciation charge for the year -187 Disposals - On 31 December 2021 373 Additions 108 Depreciation charge for the year -89 Disposals - On 31 December 2022 392 Leased assets relate to company cars. The repayments of operating lease liabilities during 2022 amount to \u20ac 94K. The depreciation charges reached \u20ac -89K and the financial charges amounted to \u20ac 5K. The group also applies the practical expedients for operating leases of which the contract has a limited duration or operating leases where the underlying assets have a low value. There were no restrictions or purchase options related to the agreements which are not index related. Lease arrangements are negotiated for an average term of four years.5.16. BANK BORROWINGS (LEASE OBLIGATIONS EXCLUDED) \u2018000 eur 12/31/2022 12/31/2021Bank loans - investment credit 8,250 4,125Bank overdrafts 7,994 177Advances on factoring 10,951 7,64627,195 11,948Repayable borrowings Bank loans after more than one year 5,250 1,500Bank loans within one year 3,000 2,625Bank overdrafts 7,994 177Advances on factoring 10,951 7,64627,195 11,948Average interest rates paid Bank loans - investment credit 1.99% 1.50%Bank overdrafts 2.86% 1.58%Advances on factoring 1.73% 1.32%In the first semester 2022 Campine contracted new investment credits for an amount of \u20ac 7,500K, repayable over a period of 5 years. On 12/31/2022, \u20ac 6,750K was open on this new investment credit. Bank loans are arranged at fixed interest rates. Other borrowings (bank overdrafts and advances on factoring: \u20ac 18,945K on 12/31/2022 (\u20ac 5,110K on 07/07/2022 point of acquisition) (on 12/31/2021: \u20ac 7,823K) are arranged at floating rates, thus exposing the group to an interest rate risk (see note 5.26.1.). On 12/31/2022, the group had available \u20ac 22,455K (12/31/2021: \u20ac 17,359K) of undrawn committed borrowing facilities. In the credit agreements with our banks a number of covenants are agreed upon based on equity, solvency and stock rotation. On 12/31/2022 Campine complied with all covenants: \u2022The equity (corrected for intangible fixed assets and deferred taxes) amounted to \u20ac 59,557K on 12/31/2022 compared to the required minimum of \u20ac 22,000K. \u2022The solvency ratio on 12/31/2022 (47%) is in compliance with the required ratio of 30%. \u2022With a stock rotation (regarding the stock in Belgium) of 64 days Campine complied to the stock rotation ratio (< 90 days) on 12/31/2022. Roll forward financial liabilities and reconciliation with cash flow: \u2018000 eur 12/31/2022 Financing cash-flow 12/31/2021 Bank overdrafts 7,994 7,817 177Advances on factoring 10,951 3,305 7,646Bank loans - investment credit 8,250 4,125 4,12527,195 15,247 11,9485.18.1Trade payables Trade creditors and accruals principally comprise amounts outstanding for trade purchases. The carrying amount of trade payables approximates their fair value as those balances are short-term. There are no trade payables older than 60 days (with the exception of disputes), hence an age analysis is irrelevant. \u2018000 eur 12/31/2022 12/31/2021 Trade creditors and accruals 23,143 24,25123,143 24,251The trade payables of the French entities amount to \u20ac 6,925K on 12/31/2022 (\u20ac 5,110K on 07/07/2022 point of acquisition).5.20.FINANCIAL INSTRUMENTS The major financial instruments of the group are financial and trade receivables and payables, investments, cash and cash equivalents as well as derivatives. The financial instruments as on 12/31/2022 are presented below: \u2018000 eur Categories Book value Fair value Level I. Fixed assets II. Current Assets Trade receivables A 35,619 35,619 2Other receivables A 2,873 2,873 3Cash paid in escrow A 57 57 2Cash and cash equivalents B2,908 2,908 1Total financial instruments on the assets side of the 41,457 41,457balance sheet I. Non-current liabilities Interest-bearing liabilities A 5,250 5,284 2Obligations under leases A 184 184 2II. Current liabilities Interest-bearing liabilities A 21,945 21,945 2Current trade debts A 23,143 23,143 2Current other debts A 5,019 5,019 3Obligations under leases A 208 208 2Derivatives C 632 632 1Total financial instruments on the 56,381 56,415 liabilities side of the balance sheet The financial instruments as on 12/31/2021 are presented below: \u2018000 eur Categories Book value Fair value Level I. Fixed assets II. Current Assets Trade receivables A 21,754 21,754 2Other receivables A 1,915 1,915 3Cash and cash equivalents B153 153 1Total financial instruments on the assets side of the 23,822 23,822balance sheet I. Non-current liabilities Interest-bearing liabilities A 1,500 1,500 2Obligations under leases A 206 206 2II. Current liabilities Interest-bearing liabilities A 10,448 10,448 2Current trade debts A 24,251 24,251 2Current other debts A 4,561 4,561 3Capital grants A 656 656 3Obligations under leases A 167 167 2Total financial instruments on the 41,854 41,854 liabilities side of the balance sheet The categories correspond with the following financial instruments: A. Financial assets or liabilities held until maturity, at the amortised cost. B. Investments held until maturity, at the amortised cost. C. Assets or liabilities, held at the fair value through the profit and loss account. The aggregate financial instruments of the group correspond with levels 1 and 2 in the fair values hierarchy. \u2022Level 1: unadjusted quoted prices in an active market for identical assets or liabilities. \u2022Level 2: the fair value based on other information, which can, directly or indirectly, be determined for the relevant assets or liabilities. \u2022Level : valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable. The valuation techniques regarding the fair value of the level 2 financial instruments are the following: \u2022The fair value of the other level 2 financial assets and liabilities is almost equal to their book value: - either because they have a short-term maturity (like trade receivables and debts), - or because they have a variable interest rate. \u2022For fixed-income payables the fair value was determined using interest rates that apply to active markets. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__106-1": {
"value": "5.13.1. Trade receivables \u2018000 eur 12/31/2022 12/31/2021Amounts receivable from the sale of goods 35,619 21,754 35,619 21,754 An allowance has been recorded for estimated irrecoverable amounts from the sale of goods of \u20ac 1,044K (2021: \u20ac 1,011K). This allowance has been determined on a case-by-case basis. Balances are written off when sufficiently certain that the receivable is definitely lost. The amount of the receivables of our French entities represents \u20ac 9,673K (\u20ac 2,810K on 07/07/2022 point of acquisition). The total amount from sales of goods amounting to \u20ac 35,619K includes \u20ac 17,022K subject to commercial factoring by a credit institute. Based on these receivables the credit institute can deposit advances on the account of Campine (\u20ac 9,625K on 12/31/2022, see note 5.16. Bank borrowings) and afterwards collects the receivables itself. The credit risk stays at Campine and is covered by a credit insurance. There are no significant overdue amounts, older than 30 days, which are not provided for and/or are not fully covered by a credit insurance. Management has evaluated the expected loss provision on trade receivables but concluded that there was no need for a (material) additional provision on top of the specific bad debt provisions already recorded.5.13.2. Other receivables \u2018000 eur 12/31/2022 12/31/2021Other receivables 2,873 1,9152,873 1,915Other receivables principally comprise amounts reclaimed V.A.T.5.13.4.Credit risk The group\u2019s principal financial assets are bank balances and cash, trade and other receivables. The credit risk on liquid funds is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies. The group\u2019s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are after allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows. Concentrations of credit risk with respect to trade receivables are limited due to the group\u2019s customer base being large and unrelated. Due to this, the board of directors believes that there is no further credit risk provision required in excess of the allowance for bad and doubtful debts. Roll-forward of the allowances for doubtful debtors: \u2018000 eur 12/31/2022 12/31/2021 Opening allowance doubtful debtors 1,011 1,011Additions 33 -Reversals - -Closing allowance doubtful debtors 1,044 1,011 Included in the group\u2019s trade receivable balance are debtors with a carrying amount of \u20ac 2,453K (2021: \u20ac 2,430K) which are past due at the reporting date but for which the group has not provided as there has not been a significant change in credit quality and the amounts are still considered recoverable. The group has taken out a credit insurance for these amounts. The average age of these receivables is 13 days past due (2021: 20 days). ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__107": {
"value": "An allowance has been recorded for estimated irrecoverable amounts from the sale of goods of \u20ac 1,044K (2021: \u20ac 1,011K). This allowance has been determined on a case-by-case basis. Balances are written off when sufficiently certain that the receivable is definitely lost. The amount of the receivables of our French entities represents \u20ac 9,673K (\u20ac 2,810K on 07/07/2022 point of acquisition)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__111": {
"value": "5.13.3.Bank balances and cash Bank balances and cash comprise cash held by the group and short-term bank deposits with an original maturity of three months or less. The carrying amount of these assets approximates their fair value. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__110": {
"value": "5.13.3.Bank balances and cash Bank balances and cash comprise cash held by the group and short-term bank deposits with an original maturity of three months or less. The carrying amount of these assets approximates their fair value. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDepositsFromBanksExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__112": {
"value": "5.13.4.Credit risk The group\u2019s principal financial assets are bank balances and cash, trade and other receivables. The credit risk on liquid funds is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies. The group\u2019s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are after allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows. Concentrations of credit risk with respect to trade receivables are limited due to the group\u2019s customer base being large and unrelated. Due to this, the board of directors believes that there is no further credit risk provision required in excess of the allowance for bad and doubtful debts. Roll-forward of the allowances for doubtful debtors: \u2018000 eur 12/31/2022 12/31/2021 Opening allowance doubtful debtors 1,011 1,011Additions 33 -Reversals - -Closing allowance doubtful debtors 1,044 1,011 Included in the group\u2019s trade receivable balance are debtors with a carrying amount of \u20ac 2,453K (2021: \u20ac 2,430K) which are past due at the reporting date but for which the group has not provided as there has not been a significant change in credit quality and the amounts are still considered recoverable. The group has taken out a credit insurance for these amounts. The average age of these receivables is 13 days past due (2021: 20 days). ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__116": {
"value": "5.14.1.Derivatives For a detailed description we refer to accounting policy 5.2.6 Financial instruments mentioned in this report. The table below summarises the net change in fair value \u2013 realised and unrealised \u2013 of the positions on the LME lead / tin futures market where it sells forward lead and tin via future contracts. Fair value of Underlying lead \u2018000 eur current instruments volumes (in ton) On 31 December 2021 -65 2,650 On 31 December 2022 -632 5,150 The change in fair value in income statement amounts to \u20ac -612K (2021: \u20ac -786K). The fair value of the derivatives are included in the balance sheet as current liabilities \u2013 derivatives for \u20ac 632K. The classification of the fair value of the hedge instruments is level 1 (unadjusted quoted prices in an active market for identical assets or liabilities) in the \u201cfair value hierarchy\u201d of IFRS 13. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__115": {
"value": "5.14.1.Derivatives For a detailed description we refer to accounting policy 5.2.6 Financial instruments mentioned in this report. The table below summarises the net change in fair value \u2013 realised and unrealised \u2013 of the positions on the LME lead / tin futures market where it sells forward lead and tin via future contracts. Fair value of Underlying lead \u2018000 eur current instruments volumes (in ton) On 31 December 2021 -65 2,650 On 31 December 2022 -632 5,150 The change in fair value in income statement amounts to \u20ac -612K (2021: \u20ac -786K). The fair value of the derivatives are included in the balance sheet as current liabilities \u2013 derivatives for \u20ac 632K. The classification of the fair value of the hedge instruments is level 1 (unadjusted quoted prices in an active market for identical assets or liabilities) in the \u201cfair value hierarchy\u201d of IFRS 13. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__117": {
"value": "5.14.2 Lease obligations Roll forward of right-of-use assets: \u2018000 eur Company cars On 31 December 2020 402 Additions 158 Depreciation charge for the year -187 Disposals - On 31 December 2021 373 Additions 108 Depreciation charge for the year -89 Disposals - On 31 December 2022 392 Leased assets relate to company cars. The repayments of operating lease liabilities during 2022 amount to \u20ac 94K. The depreciation charges reached \u20ac -89K and the financial charges amounted to \u20ac 5K. The group also applies the practical expedients for operating leases of which the contract has a limited duration or operating leases where the underlying assets have a low value. There were no restrictions or purchase options related to the agreements which are not index related. Lease arrangements are negotiated for an average term of four years.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLeasesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__120": {
"value": "5.15. SHARE CAPITAL \u2018000 eur 12/31/2022 12/31/2021Authorised 1,500,000 ordinary shares of par value of 2.67 eur each 4,000 4,000Issued and fully paid 4,000 4,000The company has one class of ordinary shares which carry no right to fixed income. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__119": {
"value": "5.15. SHARE CAPITAL \u2018000 eur 12/31/2022 12/31/2021Authorised 1,500,000 ordinary shares of par value of 2.67 eur each 4,000 4,000Issued and fully paid 4,000 4,000The company has one class of ordinary shares which carry no right to fixed income. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__121": {
"value": "5.16. BANK BORROWINGS (LEASE OBLIGATIONS EXCLUDED) \u2018000 eur 12/31/2022 12/31/2021Bank loans - investment credit 8,250 4,125Bank overdrafts 7,994 177Advances on factoring 10,951 7,64627,195 11,948Repayable borrowings Bank loans after more than one year 5,250 1,500Bank loans within one year 3,000 2,625Bank overdrafts 7,994 177Advances on factoring 10,951 7,64627,195 11,948Average interest rates paid Bank loans - investment credit 1.99% 1.50%Bank overdrafts 2.86% 1.58%Advances on factoring 1.73% 1.32%In the first semester 2022 Campine contracted new investment credits for an amount of \u20ac 7,500K, repayable over a period of 5 years. On 12/31/2022, \u20ac 6,750K was open on this new investment credit. Bank loans are arranged at fixed interest rates. Other borrowings (bank overdrafts and advances on factoring: \u20ac 18,945K on 12/31/2022 (\u20ac 5,110K on 07/07/2022 point of acquisition) (on 12/31/2021: \u20ac 7,823K) are arranged at floating rates, thus exposing the group to an interest rate risk (see note 5.26.1.). On 12/31/2022, the group had available \u20ac 22,455K (12/31/2021: \u20ac 17,359K) of undrawn committed borrowing facilities. In the credit agreements with our banks a number of covenants are agreed upon based on equity, solvency and stock rotation. On 12/31/2022 Campine complied with all covenants: \u2022The equity (corrected for intangible fixed assets and deferred taxes) amounted to \u20ac 59,557K on 12/31/2022 compared to the required minimum of \u20ac 22,000K. \u2022The solvency ratio on 12/31/2022 (47%) is in compliance with the required ratio of 30%. \u2022With a stock rotation (regarding the stock in Belgium) of 64 days Campine complied to the stock rotation ratio (< 90 days) on 12/31/2022. Roll forward financial liabilities and reconciliation with cash flow: \u2018000 eur 12/31/2022 Financing cash-flow 12/31/2021 Bank overdrafts 7,994 7,817 177Advances on factoring 10,951 3,305 7,646Bank loans - investment credit 8,250 4,125 4,12527,195 15,247 11,948",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__123": {
"value": "5.17.DEFERRED TAX The following are the major deferred tax liabilities and assets recognised by the group, and the movements thereon, during the current and prior reporting periods. Timing differences Positive Retirement on fixed fair value benefit Fiscal Capital \u2018000 eur assets derivatives obligations losses Others Grants Total On 31 December 2020 3 23 -112 - - - -86 Charge/(credit) to result for the year -2 -23 -11 - 12 219 195 Charge/(credit) to other comprehensive income -- 6 - - - 6On 31 December 2021 1 - -117 - 12 219 115 Charge/(credit) to result for the year 552 - 26 - -108 -31 439income Charge/(credit) to other comprehensive -- 21 - - - 21On 31 December 2022 553 0 -70 - -96 188 575The balance of \u20ac 575K (12/31/2021: \u20ac 115K) consists of a deferred tax asset ad \u20ac 166K (12/31/2021: \u20ac 104K) and a deferred tax liability of \u20ac 741K (12/31/2021: \u20ac 219K). The changes are mainly due to the acquistion of the French entities. In the opening balance sheet, we assumed \u20ac 1,112K of deferred tax liability of which \u20ac 672K was utilised subsequent to the acquisition. The other part of the deferred tax liabilities (\u20ac 188K) relates to the investment grant of \u20ac 1 million that Campine received in 2021.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__125": {
"value": "5.18.TRADE AND OTHER PAYABLES 5.18.1Trade payables Trade creditors and accruals principally comprise amounts outstanding for trade purchases. The carrying amount of trade payables approximates their fair value as those balances are short-term. There are no trade payables older than 60 days (with the exception of disputes), hence an age analysis is irrelevant. \u2018000 eur 12/31/2022 12/31/2021 Trade creditors and accruals 23,143 24,25123,143 24,251The trade payables of the French entities amount to \u20ac 6,925K on 12/31/2022 (\u20ac 5,110K on 07/07/2022 point of acquisition). 5.18.2 Other payables \u2018000 eur 12/31/2022 12/31/2021Other payables and accruals 5,091 5,2175,091 5,217Other payables and accruals principally comprise amounts outstanding for ongoing costs. 5.18.3 Capital grants \u2018000 eur 12/31/2022 12/31/2021Capital grants 1,249 6561,249 656Capital grants comprise amounts which are spread in the proceeds. The changes are due to the acquistion of the French entities.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__127": {
"value": "5.18.2 Other payables \u2018000 eur 12/31/2022 12/31/2021Other payables and accruals 5,091 5,2175,091 5,217Other payables and accruals principally comprise amounts outstanding for ongoing costs. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__128": {
"value": "5.18.3 Capital grants \u2018000 eur 12/31/2022 12/31/2021Capital grants 1,249 6561,249 656Capital grants comprise amounts which are spread in the proceeds. The changes are due to the acquistion of the French entities.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGovernmentGrantsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__130-1": {
"value": "5.19.LIQUIDITY RISK The following table details the group\u2019s remaining contractual maturity for its non-derivative financial liabilities. The table has been drawn based on the undiscounted cash flows of financial liabilities based on the earliest date on which the group can be required to pay. 12/31/2022 12/31/2021 \u2018000 eur < 1 year 1-5 years > 5 years < 1 year 1-5 years > 5 years Trade liabilities 23,143 - - 24,251- - Other liabilities 6,955- - 5,217- - Bank overdrafts and loans 10,994 5,250 - 2,8021,500 - Advances on factoring 10,951 - - 7,646- - Lease obligations 208 184 - 167 206 - Other liabilities consist of other payables, capital grants and provisions for production waste. 5.26.1.Interest risk Funding of the company is done through bank loans, bank overdrafts and factoring. On 12/31/2022 bank loans amounted to \u20ac 8,250K, bank overdrafts and advances on factoring amounted to \u20ac 18,945K. Bank loans are arranged at fixed rates. The bank overdrafts and advances on factoring are arranged at variable rates (see note 5.16.). An increase or decrease of the interest with 10% would have an impact on the income statement of \u20ac -42K (in case of 10% increase) or \u20ac +42K (in case of 10% decrease) based upon the amount on 12/31/2022. The retained earnings will also be influenced.5.26.2.Foreign Exchange risk The group is managing its foreign currency risk by matching foreign currency cash inflows with foreign cash outflows (USD is our main foreign currency). An increase or decrease of the USD/EUR rate with 10% would have an impact on the income statement of \u20ac -80K (in case of 10% increase) or \u20ac +80K (in case of 10% decrease) based upon the assets and liabilities denominated in USD on 12/31/2022. The retained earnings will also be influenced.5.26.3.Price risk The value of these fixed price contracts and the future LME commitments are both shown in the balance sheet; changes in the values will be shown in the profit and loss account (see note 5.14.1. Derivatives). There is no price risk on the fixed price contracts as the impact of price fluctuation on respective fixed purchase and sell contracts are compensated by the impact on the respective sell and purchase contracts on the LME. A movement of the LME lead- and tin futures price by 10% would have impacts on the income statement. The immediate effect based on the underlying open position on 12/31/2022 of a price fall of 10% would be \u20ac +1,128K or of a price raise of 10% would be \u20ac -1,128K. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__129": {
"value": "5.19.LIQUIDITY RISK The following table details the group\u2019s remaining contractual maturity for its non-derivative financial liabilities. The table has been drawn based on the undiscounted cash flows of financial liabilities based on the earliest date on which the group can be required to pay. 12/31/2022 12/31/2021 \u2018000 eur < 1 year 1-5 years > 5 years < 1 year 1-5 years > 5 years Trade liabilities 23,143 - - 24,251- - Other liabilities 6,955- - 5,217- - Bank overdrafts and loans 10,994 5,250 - 2,8021,500 - Advances on factoring 10,951 - - 7,646- - Lease obligations 208 184 - 167 206 - Other liabilities consist of other payables, capital grants and provisions for production waste. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__133": {
"value": "5.20.FINANCIAL INSTRUMENTS The major financial instruments of the group are financial and trade receivables and payables, investments, cash and cash equivalents as well as derivatives. The financial instruments as on 12/31/2022 are presented below: \u2018000 eur Categories Book value Fair value Level I. Fixed assets II. Current Assets Trade receivables A 35,619 35,619 2Other receivables A 2,873 2,873 3Cash paid in escrow A 57 57 2Cash and cash equivalents B2,908 2,908 1Total financial instruments on the assets side of the 41,457 41,457balance sheet I. Non-current liabilities Interest-bearing liabilities A 5,250 5,284 2Obligations under leases A 184 184 2II. Current liabilities Interest-bearing liabilities A 21,945 21,945 2Current trade debts A 23,143 23,143 2Current other debts A 5,019 5,019 3Obligations under leases A 208 208 2Derivatives C 632 632 1Total financial instruments on the 56,381 56,415 liabilities side of the balance sheet The financial instruments as on 12/31/2021 are presented below: \u2018000 eur Categories Book value Fair value Level I. Fixed assets II. Current Assets Trade receivables A 21,754 21,754 2Other receivables A 1,915 1,915 3Cash and cash equivalents B153 153 1Total financial instruments on the assets side of the 23,822 23,822balance sheet I. Non-current liabilities Interest-bearing liabilities A 1,500 1,500 2Obligations under leases A 206 206 2II. Current liabilities Interest-bearing liabilities A 10,448 10,448 2Current trade debts A 24,251 24,251 2Current other debts A 4,561 4,561 3Capital grants A 656 656 3Obligations under leases A 167 167 2Total financial instruments on the 41,854 41,854 liabilities side of the balance sheet The categories correspond with the following financial instruments: A. Financial assets or liabilities held until maturity, at the amortised cost. B. Investments held until maturity, at the amortised cost. C. Assets or liabilities, held at the fair value through the profit and loss account. The aggregate financial instruments of the group correspond with levels 1 and 2 in the fair values hierarchy. \u2022Level 1: unadjusted quoted prices in an active market for identical assets or liabilities. \u2022Level 2: the fair value based on other information, which can, directly or indirectly, be determined for the relevant assets or liabilities. \u2022Level : valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable. The valuation techniques regarding the fair value of the level 2 financial instruments are the following: \u2022The fair value of the other level 2 financial assets and liabilities is almost equal to their book value: - either because they have a short-term maturity (like trade receivables and debts), - or because they have a variable interest rate. \u2022For fixed-income payables the fair value was determined using interest rates that apply to active markets. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__132": {
"value": "5.20.FINANCIAL INSTRUMENTS The major financial instruments of the group are financial and trade receivables and payables, investments, cash and cash equivalents as well as derivatives. The financial instruments as on 12/31/2022 are presented below: \u2018000 eur Categories Book value Fair value Level I. Fixed assets II. Current Assets Trade receivables A 35,619 35,619 2Other receivables A 2,873 2,873 3Cash paid in escrow A 57 57 2Cash and cash equivalents B2,908 2,908 1Total financial instruments on the assets side of the 41,457 41,457balance sheet I. Non-current liabilities Interest-bearing liabilities A 5,250 5,284 2Obligations under leases A 184 184 2II. Current liabilities Interest-bearing liabilities A 21,945 21,945 2Current trade debts A 23,143 23,143 2Current other debts A 5,019 5,019 3Obligations under leases A 208 208 2Derivatives C 632 632 1Total financial instruments on the 56,381 56,415 liabilities side of the balance sheet The financial instruments as on 12/31/2021 are presented below: \u2018000 eur Categories Book value Fair value Level I. Fixed assets II. Current Assets Trade receivables A 21,754 21,754 2Other receivables A 1,915 1,915 3Cash and cash equivalents B153 153 1Total financial instruments on the assets side of the 23,822 23,822balance sheet I. Non-current liabilities Interest-bearing liabilities A 1,500 1,500 2Obligations under leases A 206 206 2II. Current liabilities Interest-bearing liabilities A 10,448 10,448 2Current trade debts A 24,251 24,251 2Current other debts A 4,561 4,561 3Capital grants A 656 656 3Obligations under leases A 167 167 2Total financial instruments on the 41,854 41,854 liabilities side of the balance sheet The categories correspond with the following financial instruments: A. Financial assets or liabilities held until maturity, at the amortised cost. B. Investments held until maturity, at the amortised cost. C. Assets or liabilities, held at the fair value through the profit and loss account. The aggregate financial instruments of the group correspond with levels 1 and 2 in the fair values hierarchy. \u2022Level 1: unadjusted quoted prices in an active market for identical assets or liabilities. \u2022Level 2: the fair value based on other information, which can, directly or indirectly, be determined for the relevant assets or liabilities. \u2022Level : valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable. The valuation techniques regarding the fair value of the level 2 financial instruments are the following: \u2022The fair value of the other level 2 financial assets and liabilities is almost equal to their book value: - either because they have a short-term maturity (like trade receivables and debts), - or because they have a variable interest rate. \u2022For fixed-income payables the fair value was determined using interest rates that apply to active markets. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__134": {
"value": "5.21. PROVISIONS AND CLAIMS \u2018000 eur Soil sanitation cost Other TotalOn 31 December 2021 995 190 1,185Additional provision 5,070 -20 5,050On 31 December 2022 6,065 170 6,235\u2018000 eur 12/31/2022 12/31/2021Analysed as: Current liabilities - -Non-current liabilities 6,235 1,1856,235 1,185The provisions amounted to \u20ac 6,235K on 12/31/2022. These mainly relate to the soil sanitation obligation (\u20ac 6,065K) on and around the site of the group and other environmental items. The increase is mainly due to the French acquisition which also brought with it, a probable need for soil contamination remediation, and an increase of the existing liabilities for the Beerse site as a result of inflation. Finally, a newly decided investment project for Belgium in 2022, requires upfront soil remediation costs, which explain the remainder of the increase. The provisions were determined in compliance with the requirements of OVAM \u2013 by an independent study bureau. Campine is subject to proceedings, lawsuits and other claims related to products and other matters. We are required to assess the likelihood of any adverse judgements or outcomes to these matters as well as potential ranges of probable and reasonably possible losses. A determination of the amount of liability to be recorded, if any, for these contingencies is made after careful analysis of each individual issue. There are currently no claims for which the probability of a cash outflow is considered possible or probable. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__136": {
"value": "5.22.CONTINGENT LIABILITIES The pledge on trade fund was granted to the banks for a maximum amount of \u20ac 41,250K (12/31/2021: \u20ac 25,740K) but limited to the maximum amount of financing which amounted to \u20ac 24,567K on 12/31/2022 (12/31/2021: 11,795K).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__135-1": {
"value": "5.22.CONTINGENT LIABILITIES The pledge on trade fund was granted to the banks for a maximum amount of \u20ac 41,250K (12/31/2021: \u20ac 25,740K) but limited to the maximum amount of financing which amounted to \u20ac 24,567K on 12/31/2022 (12/31/2021: 11,795K).5.30.RIGHTS AND OBLIGATIONS NOT INCLUDED IN THE BALANCE SHEET Commercial commitments: There are firm commitments to deliver or receive metals to customers or from suppliers at fixed prices. \u2018000 eur 12/31/2022 12/31/2021 Commercial commitments for metals purchased (to be received) 6,729 10,026Commercial commitments for metals sold (to be delivered) 17,336 18,378",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__137": {
"value": "5.23.SHARE-BASED PAYMENTS During the financial year closed on 12/31/2022 none of the members of the executive management team received any shares, share options or other rights to acquire shares of the company or group. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__138-1": {
"value": "5.24. EMPLOYEE BENEFITS EXPENSE \u2018000 eur 12/31/2022 12/31/2021Long term Pension cost (incl. early retirement) 560 496Short term Salaries 12,964 11,189Contribution social security 3,881 3,048Structural reduction social contribution -1,041 -910Other employee benefits expense 1,716 1,59318,080 15,416Average number of FTE\u2019s 228 188The total impact of the French entities was \u20ac 1,654K which was related to the second semester 2022. 5.25.POST RETIREMENT BENEFITS Following amounts with regard to the (early) retirement are booked on the balance sheet: \u2018000 eur 12/31/2022 12/31/2021 Defined benefit plan 1,096 1,168Early retirement provision 414 551,510 1,2235.25.1.Pension benefit plan The group operates a funded pension benefit plan for qualifying employees of Campine and its subsidiary in Belgium. The pension benefit plan foresees an amount based on the salary and seniority payable as of the age of 65. For the financed plans, plan assets consist of mixed portfolios of shares, bonds or insurance contracts. The plan assets do not contain direct investments in Campine shares or in fixed assets or other assets used by the group. The current plans for which active contributions are paid consist only of \u201cdefined contribution\u201d plans. Just for white-collar workers with a higher seniority there are still ongoing \u201cdefined benefit\u201d plans, but no active contributions are being paid for these anymore. The current value of the retirement benefit obligations and the assets has evolved as follows: Pension obligation Net liability / \u2018000 eur (IAS 19) Plan Assets Deficit(asset) On 31 December 2021 6,990 -5,822 1,1681,168Components of defined benefit cost Service cost in P/L - - --Current service cost (net of employee contributions) 481 - -481Past service cost (incl. effect of curtailments) - - --Settlement (gain)/loss - - --Service cost 481Net interest on the net liability / (asset) in P/L Interest cost on pension obligation 68 - -68 Interest income on plan assets - -59 --59Interest on effect of the asset ceiling - - --Net interest 9Administration costs paid from plan assets in P/L -Components of defined benefit cost recognised in P/L 490Remeasurements of the net liability / (asset) in OCI Actuarial (gain) / loss arising from - Changes in demographic assumptions - - --- Changes in financial assumptions -2,261 - --2,261- Experience adjustments 216 - -216Return on plan assets (excl. amounts in net interest) - 1,963 -1,963Change in effect of the asset ceiling (excl. amounts in net interest) - - --Total remeasurement recognised in OCI -82 Defined benefit cost (total amount recognised in P/L and OCI) 408 Cash Flows Employee contributions - - - -Employer contributions to plan assets (incl. 4.4% taxes) - -480 - -480Benefit payments from plan assets -101 101 - -Direct benefit payments by employer - - - -Taxes paid from plan assets (4.4%) -18 18 - -Taxes paid directly by employer (8.86%) -37 37 - -On 31 December 2022 5,338 -4,242 1,096 1,096Pension obligation Net liability / \u2018000 eur (IAS 19) Plan Assets Deficit (asset) On 31 December 2020 7,326 -6,208 1,118 1,118Components of defined benefit cost Service cost in P/L - - - -Current service cost (net of employee contributions) 516 - - 516Past service cost (incl. effect of curtailments) - - - - Settlement (gain)/loss - - - -Service cost 516Net interest on the net liability / (asset) in P/L Interest cost on pension obligation 25 - - 25Interest income on plan assets - -22 - -22 Interest on effect of the asset ceiling - - - -Net interest 3Administration costs paid from plan assets in P/L -Components of defined benefit cost recognised in P/L 519Remeasurements of the net liability / (asset) in OCI Actuarial (gain) / loss arising from - Changes in demographic assumptions - - - -- Changes in financial assumptions -699 - - -699 - Experience adjustments 80 - - 80Return on plan assets (excl. amounts in net interest) - 598 - 598Change in effect of the asset ceiling (excl. amounts in net interest) - - - -Total remeasurement recognised in OCI -21 Defined benefit cost (total amount recognised in P/L and OCI) 498 Cash Flows Employee contributions - - - - Employer contributions to plan assets (incl. 4.4% taxes) - -448 - -448 Benefit payments from plan assets -206 206 - - Direct benefit payments by employer - - - - - - - - Taxes paid from plan assets (4.4%) -17 17 - - Taxes paid directly by employer (8.86%) -35 35 - - On 31 December 2021 6,990 -5,822 1,168 1,168 The average duration of the benefit plan with fixed income is 13 years. The average duration of the benefit plan with fixed costs is 16 years. Major actuarial assumptions in use at balance sheet date: 12/31/2022 12/31/2021Discount rate 3.80% 0.98%Expected rate of salary increases 3.20% 2.90%Inflation 2.20% 1.90%Split of the plan assets on balance sheet date: 12/31/2022 12/31/2021Equity securities, incl. cash 5% 5%Fixed income securities 95% 95%100% 100%Sensitivity analysis of a percentage increase or decrease in the discount rate or an increase in salary to the retirement benefit obligation: Discount rate -0.50% 0.50% Assumptions 3.30% 3.80% 4.30%Pension obligation (K eur) 5,620 5,338 5,092Salary increase -0.50% 0.50%Assumptions 2.70% 3.20% 3.70%Pension obligation (K eur) 5,292 5,338 5,385The group expects to contribute \u20ac 412K to its defined benefit plans in 2023. 5.25.2.Early retirement provisions Early retirement provisions are set up based on agreements with those affected on amounts to be paid until the age of 65 year. The provision on 12/31/2022 amounts to \u20ac 14K (on 12/31/2021: \u20ac 55K). For the French entities, provisions have also been made for pensions and seniority for a total amount of \u20ac 400K. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__139": {
"value": "\u2018000 eur 12/31/2022 12/31/2021Long term Pension cost (incl. early retirement) 560 496Short term Salaries 12,964 11,189Contribution social security 3,881 3,048Structural reduction social contribution -1,041 -910Other employee benefits expense 1,716 1,59318,080 15,416Average number of FTE\u2019s 228 188",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__141": {
"value": "5.26.MARKET RISK 5.26.1.Interest risk Funding of the company is done through bank loans, bank overdrafts and factoring. On 12/31/2022 bank loans amounted to \u20ac 8,250K, bank overdrafts and advances on factoring amounted to \u20ac 18,945K. Bank loans are arranged at fixed rates. The bank overdrafts and advances on factoring are arranged at variable rates (see note 5.16.). An increase or decrease of the interest with 10% would have an impact on the income statement of \u20ac -42K (in case of 10% increase) or \u20ac +42K (in case of 10% decrease) based upon the amount on 12/31/2022. The retained earnings will also be influenced. 5.26.2.Foreign Exchange risk The group is managing its foreign currency risk by matching foreign currency cash inflows with foreign cash outflows (USD is our main foreign currency). An increase or decrease of the USD/EUR rate with 10% would have an impact on the income statement of \u20ac -80K (in case of 10% increase) or \u20ac +80K (in case of 10% decrease) based upon the assets and liabilities denominated in USD on 12/31/2022. The retained earnings will also be influenced. 5.26.3.Price risk The value of these fixed price contracts and the future LME commitments are both shown in the balance sheet; changes in the values will be shown in the profit and loss account (see note 5.14.1. Derivatives). There is no price risk on the fixed price contracts as the impact of price fluctuation on respective fixed purchase and sell contracts are compensated by the impact on the respective sell and purchase contracts on the LME. A movement of the LME lead- and tin futures price by 10% would have impacts on the income statement. The immediate effect based on the underlying open position on 12/31/2022 of a price fall of 10% would be \u20ac +1,128K or of a price raise of 10% would be \u20ac -1,128K. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__144": {
"value": "5.26.2.Foreign Exchange risk The group is managing its foreign currency risk by matching foreign currency cash inflows with foreign cash outflows (USD is our main foreign currency). An increase or decrease of the USD/EUR rate with 10% would have an impact on the income statement of \u20ac -80K (in case of 10% increase) or \u20ac +80K (in case of 10% decrease) based upon the assets and liabilities denominated in USD on 12/31/2022. The retained earnings will also be influenced.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__146": {
"value": "5.27.EVENTS AFTER THE BALANCE SHEET DATE The company and group have not been impacted by the current bank crisis and has no exposure to US or Swiss banks. On March 8th 2023 the European General Court of the EU decided in favour of Campine in the case of Campine against the EC for interest refund. Campine claimed back \u20ac 300K of interest based on the 2019 judgement of Campine\u2019s limited involvement in the battery case. The European Commission can appeal against this verdict. No other significant events occurred after the close of the year.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__148-1": {
"value": "5.28.RELATED PARTIES As to the transparency notification of 9 July 2019 the current shareholder structure of Campine is: Name Number of shares % of the voting rights F.W. Hempel Metallurgical GmbH Wei\u00dfensteinstra\u00dfe 70, 46149 Oberhausen, Germany 1.077.900 71,86% The ultimate parent of the group is the F.W. Hempel Familienstiftung. The ultimate controlling person is Mr Friedrich-Wilhelm Hempel. Transactions between the company and its subsidiary, which are related parties of the company, have been eliminated on consolidation and are not disclosed in this note. Transactions between the group and the management and key-management are disclosed in the Remuneration report. Details of transactions between the group and other related parties are disclosed below.5.29.RELATED PARTY TRANSACTIONS All related party transactions are conducted on a business base and in accordance with all legal requirements and the Corporate Governance Charter. 5.29.1.Trading transactions In 2022, group entities entered into the following trading transactions with related parties that are not members of the group: \u2022Purchase of lead wastes from Hempel Legierungsmetalle GmbH for \u20ac 832K (2021: \u20ac 930K). There is no open amount on 12/31/2022. 5.29.2.Other transactions The companies below passed through personnel and IT expenses to the Campine group: \u2022F.W. Hempel Metallurgical: \u20ac 325K (2021: \u20ac 341K). Open amount on 12/31/2022: \u20ac 14K. \u2022F.W. Hempel & Co Erze und Metalle: \u20ac 98K (2021: \u20ac 103K). There is no open amount on 12/31/2022. The Campine group passed through personnel and IT expenses to F.W. Hempel & Co Erze und Metalle: \u20ac 8K (2021: \u20ac 8K). There is no open amount on 12/31/2022. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__12": {
"value": "F.W. Hempel Metallurgical GmbH",
"dimensions": {
"concept": "ifrs-full:NameOfParentEntity",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__13": {
"value": "F.W. Hempel Familienstiftung",
"dimensions": {
"concept": "ifrs-full:NameOfUltimateParentOfGroup",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__147-1": {
"value": "Transactions between the company and its subsidiary, which are related parties of the company, have been eliminated on consolidation and are not disclosed in this note. Transactions between the group and the management and key-management are disclosed in the Remuneration report. Details of transactions between the group and other related parties are disclosed below.5.29.RELATED PARTY TRANSACTIONS All related party transactions are conducted on a business base and in accordance with all legal requirements and the Corporate Governance Charter. 5.29.1.Trading transactions In 2022, group entities entered into the following trading transactions with related parties that are not members of the group: \u2022Purchase of lead wastes from Hempel Legierungsmetalle GmbH for \u20ac 832K (2021: \u20ac 930K). There is no open amount on 12/31/2022. 5.29.2.Other transactions The companies below passed through personnel and IT expenses to the Campine group: \u2022F.W. Hempel Metallurgical: \u20ac 325K (2021: \u20ac 341K). Open amount on 12/31/2022: \u20ac 14K. \u2022F.W. Hempel & Co Erze und Metalle: \u20ac 98K (2021: \u20ac 103K). There is no open amount on 12/31/2022. The Campine group passed through personnel and IT expenses to F.W. Hempel & Co Erze und Metalle: \u20ac 8K (2021: \u20ac 8K). There is no open amount on 12/31/2022. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTransactionsWithRelatedPartiesExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__154": {
"value": "5.30.RIGHTS AND OBLIGATIONS NOT INCLUDED IN THE BALANCE SHEET Commercial commitments: There are firm commitments to deliver or receive metals to customers or from suppliers at fixed prices. \u2018000 eur 12/31/2022 12/31/2021 Commercial commitments for metals purchased (to be received) 6,729 10,026Commercial commitments for metals sold (to be delivered) 17,336 18,378",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__155": {
"value": "5.31.COMPENSATION OF KEY MANAGEMENT PERSONNEL The total remuneration of the executive management team including the board members amounts to \u20ac 2,328K (2021: \u20ac 2,263K). \u2018000 eur 12/31/2022 12/31/2021 Board Fixed remuneration 141 133 Tanti\u00e8me 90 90 Executive management team (incl. CEO) Fixed remuneration 1,507 1,411Other benefits 53 53 Pension cost 38 38Variable remuneration one year 349 338Variable remuneration multiple year 150 200Total compensation paid to key management personnel 2,328 2,263 None of the above-mentioned persons received any shares, share options or other rights to acquire shares of the company or group. The remuneration of the members of the executive management team is decided upon by the Nomination and Remuneration committee, based on market trends and individual performances.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s8_notes__6__156": {
"value": "5.32.APPROVAL OF FINANCIAL STATEMENTS The financial statements were approved by the board of directors and authorised for issue on 10 March 2023. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:549300D3GNWVMWZD7E21",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
}
}
}