{"id":10150,"date":"2020-11-13T18:00:20","date_gmt":"2020-11-13T16:00:20","guid":{"rendered":"https:\/\/investors.bittnet.ro\/current-and-historical-financial-results\/bnet-report-9-months-2020\/consolidated-financial-statements-september-30-2020\/"},"modified":"2020-11-13T17:31:53","modified_gmt":"2020-11-13T15:31:53","slug":"consolidated-financial-statements-september-30-2020","status":"publish","type":"page","link":"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/consolidated-financial-statements-september-30-2020\/","title":{"rendered":"Consolidated Financial Statements September 30, 2020"},"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 us_custom_fe886e40\"><div class=\"wpb_wrapper\"><h1><strong>BITTNET SYSTEMS SA &#8211; INTERIM CONSOLIDATED FINANCIAL REPORTING<\/strong><\/h1>\n<p>For 9 months concluded on September 30, 2020, prepared in accordance with OMFP no. 2844\/2016.<br \/>\n(all amounts are expressed in LEI, unless otherwise specified)<\/p>\n<p><strong>Download full report &#8211; <a href=\"https:\/\/investors.bittnet.ro\/wp-content\/uploads\/2020\/11\/201113_Q3-2020-Report-Bittnet-EN-to-publish-1.pdf\">PDF file<\/a><\/strong><\/p>\n<ul>\n<li><a ref=\"magnificPopup\" href=\"https:\/\/investors.bittnet.ro\/wp-content\/uploads\/2020\/11\/BNET-info.png\">InfoChart<\/a><\/li>\n<\/ul>\n<p><strong>Access only to financial statements:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/investors.bittnet.ro\/wp-content\/uploads\/2020\/11\/BNET_3Q_2020_IFRS.xlsx\">XLS File<\/a><\/li>\n<li><a href=\"https:\/\/investors.bittnet.ro\/wp-content\/uploads\/2020\/11\/BNET_3Q_2020-IFRS-with-notes-unaudited-ENGL.pdf\">PDF file<\/a> <strong>(contains statements and notes to the financial statements)<\/strong><\/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":"BITTNET SYSTEMS SA &#8211; INTERIM CONSOLIDATED FINANCIAL REPORTING For 9 months concluded on September 30, 2020, prepared in accordance with OMFP no. 2844\/2016. (all amounts are expressed in LEI, unless otherwise specified) Download full report &#8211; PDF file InfoChart Access only to financial statements: XLS File PDF file (contains statements and notes to the financial...","protected":false},"author":6,"featured_media":0,"parent":10055,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-10150","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>Consolidated Financial Statements September 30, 2020 - 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\/consolidated-financial-statements-september-30-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consolidated Financial Statements September 30, 2020 - Bittnet Investors Relations Site\" \/>\n<meta property=\"og:url\" content=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/consolidated-financial-statements-september-30-2020\/\" \/>\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=\"2020-11-13T15:31:53+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\/consolidated-financial-statements-september-30-2020\/\",\"url\":\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/consolidated-financial-statements-september-30-2020\/\",\"name\":\"Consolidated Financial Statements September 30, 2020 - Bittnet Investors Relations Site\",\"isPartOf\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#website\"},\"datePublished\":\"2020-11-13T16:00:20+00:00\",\"dateModified\":\"2020-11-13T15:31:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/consolidated-financial-statements-september-30-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/consolidated-financial-statements-september-30-2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/3q-2020\/consolidated-financial-statements-september-30-2020\/#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\":\"Consolidated Financial Statements September 30, 2020\"}]},{\"@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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