{"id":10094,"date":"2020-11-12T13:17:34","date_gmt":"2020-11-12T11:17:34","guid":{"rendered":"https:\/\/investors.bittnet.ro\/current-and-historical-financial-results\/bnet-report-9-months-2020\/key-elements-of-financial-statements\/"},"modified":"2020-11-12T13:56:21","modified_gmt":"2020-11-12T11:56:21","slug":"key-elements-of-financial-statements","status":"publish","type":"page","link":"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-elements-of-financial-statements\/","title":{"rendered":"Key elements of financial statements"},"content":{"rendered":"<section class=\"l-section wpb_row height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-8 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h1><strong>Key elements of financial statements<\/strong><\/h1>\n<p>We present in this chapter the evolutions of some of the elements of the financial statements, namely those positions that have registered fluctuations that are worth analyzing.<\/p>\n<ul>\n<li><a href=\"https:\/\/investors.bittnet.ro\/current-and-historical-financial-results\/bnet-report-9-months-2020\/key-elements-of-financial-statements\/3-1-financial-results-education-division\/\">Financial results Education Division<\/a><\/li>\n<li><a href=\"https:\/\/investors.bittnet.ro\/current-and-historical-financial-results\/bnet-report-9-months-2020\/key-elements-of-financial-statements\/3-2-financial-results-technology-division\/\">Financial results Technology Division<\/a><\/li>\n<li><a href=\"https:\/\/investors.bittnet.ro\/current-and-historical-financial-results\/bnet-report-9-months-2020\/key-elements-of-financial-statements\/3-3-financial-result-of-the-group\/\">Financial result of the Group<\/a><\/li>\n<li><a href=\"https:\/\/investors.bittnet.ro\/current-and-historical-financial-results\/bnet-report-9-months-2020\/key-elements-of-financial-statements\/3-4-consolidated-statement-of-financial-position\/\">Consolidated statement of financial position<\/a><\/li>\n<li><a href=\"https:\/\/investors.bittnet.ro\/current-and-historical-financial-results\/bnet-report-9-months-2020\/key-elements-of-financial-statements\/3-5-consolidated-statement-of-cash-flows\/\">Consolidated statement of cash flows<\/a><\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-4 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><nav class=\"w-menu layout_ver style_blocks us_menu_1 with_children\" style=\"--main-gap:1.5rem;--main-ver-indent:0.8em;--main-hor-indent:0.8em;--main-bg-color:#f5f5f5;--main-color:inherit;--main-hover-bg-color:#8dbe65;--main-hover-color:#ffffff;--main-active-bg-color:#8dbe65;--main-active-color:#ffffff;--sub-gap:5px;\" id=\"first-simple-menu\"><ul id=\"menu-t3_2020_eng\" class=\"menu\"><li id=\"menu-item-10059\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10059\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/\">1. Message from the CEO<\/a><\/li><li id=\"menu-item-10070\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children menu-item-10070\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/2-presentation-of-the-operational-activity\/\">2. Presentation of the Operational Activity<\/a><ul class=\"sub-menu\"><li id=\"menu-item-10080\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10080\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/2-presentation-of-the-operational-activity\/2-1-technology-division\/\">2.1. Technology Division<\/a><\/li><li id=\"menu-item-10089\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10089\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/2-presentation-of-the-operational-activity\/2-2-education-division\/\">2.2. Education Division<\/a><\/li><\/ul><\/li><li id=\"menu-item-10096\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children menu-item-10096\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-elements-of-financial-statements\/\">3. Key elements of financial statements<\/a><ul class=\"sub-menu\"><li id=\"menu-item-10100\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10100\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-elements-of-financial-statements\/3-1-financial-results-education-division\/\">3.1. Financial results Education Division<\/a><\/li><li id=\"menu-item-10106\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10106\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-elements-of-financial-statements\/3-2-financial-results-technology-division\/\">3.2. Financial results Technology Division<\/a><\/li><li id=\"menu-item-10110\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10110\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-elements-of-financial-statements\/3-3-financial-result-of-the-group\/\">3.3. Financial result of the Group<\/a><\/li><li id=\"menu-item-10114\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10114\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-elements-of-financial-statements\/3-4-consolidated-statement-of-financial-position\/\">3.4. Consolidated statement of financial position<\/a><\/li><li id=\"menu-item-10118\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10118\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-elements-of-financial-statements\/3-5-consolidated-statement-of-cash-flows\/\">3.5. Consolidated statement of cash flows<\/a><\/li><\/ul><\/li><li id=\"menu-item-10131\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10131\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/an-annual-outlook-on-financial-results\/\">4. An annual outlook on financial results<\/a><\/li><li id=\"menu-item-10136\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10136\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/indicators-according-to-annex-13-reg-asf-5-2018\/\">5. Indicators according to Annex 13 Reg. ASF 5\/2018<\/a><\/li><li id=\"menu-item-10140\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10140\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-events-in-q3-2020\/\">6. Key events in Q3 2020<\/a><\/li><li id=\"menu-item-10152\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10152\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/consolidated-financial-statements-september-30-2020\/\">7. Download Files<\/a><\/li><li id=\"menu-item-10155\" class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-10155\"><a href=\"https:\/\/investors.bittnet.ro\/ro\/abonare-newsletter\/\">8. Newsletter subscription<\/a><\/li><\/ul><style>@media ( max-width:600px ){.us_menu_1 .menu{display:block!important}.us_menu_1 .menu>li:not(:last-child){margin:0 0 var(--main-gap,1.5rem)!important}}<\/style><\/nav><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"Key elements of financial statements We present in this chapter the evolutions of some of the elements of the financial statements, namely those positions that have registered fluctuations that are worth analyzing. Financial results Education Division Financial results Technology Division Financial result of the Group Consolidated statement of financial position Consolidated statement of cash flows...","protected":false},"author":6,"featured_media":0,"parent":10055,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-10094","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Key elements of financial statements - Bittnet Investors Relations Site<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-elements-of-financial-statements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Key elements of financial statements - Bittnet Investors Relations Site\" \/>\n<meta property=\"og:url\" content=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-elements-of-financial-statements\/\" \/>\n<meta property=\"og:site_name\" content=\"Bittnet Investors Relations Site\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BittnetSystems\/\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-12T11:56:21+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@NA\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-elements-of-financial-statements\/\",\"url\":\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-elements-of-financial-statements\/\",\"name\":\"Key elements of financial statements - Bittnet Investors Relations Site\",\"isPartOf\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#website\"},\"datePublished\":\"2020-11-12T11:17:34+00:00\",\"dateModified\":\"2020-11-12T11:56:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-elements-of-financial-statements\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-elements-of-financial-statements\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/key-elements-of-financial-statements\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/investors.bittnet.ro\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Current and historical financial results\",\"item\":\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"BNET report 9 months 2020\",\"item\":\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Key elements of financial statements\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#website\",\"url\":\"https:\/\/investors.bittnet.ro\/en\/\",\"name\":\"Bittnet Investors Relations Site\",\"description\":\"Your Value. 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