Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 2420

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 7A
Chunk 2420
---
 
  
    Payments of debt principal 
     (5,599) 
     (210)
  
    Debt Issuance Cost 
     -  
     210 
  
    Merger proceeds net of transaction costs 
     -  
     (500)
  
    Distributions to parent 
     -  
     (4,579)
  
    Contributions from parent 
     -  
     10,705 
  
    Net Cash provided by/(used in) Financing Activities 
    $1,183  
    $21,094 
  
    Net Cash provided by/(used in) Financing Activities - Discontinued Operations 
     (137,729) 
     (17,164)

    Effect of exchange rate on cash 
     (1,636) 
     433 
  
    Net increase/(decrease) in cash, cash equivalents and restricted cash 
    $(24,403) 
    $16,817 
  
    Cash, cash equivalents, and restricted cash beginning of the year 
     24,564  
     7,747 
  
    Cash, cash equivalents, and restricted cash end of the year 
    $161  
    $24,564 

The accompanying notes are an integral part of
these consolidated financial statements.

F-7

ALTERNUS CLEAN ENERGY, INC. AND SUBSIDIARIES

CONSOLIDATED SUPPLEMENTAL STATEMENTS OF CASH
FLOW

    Year Ended December 31, 

    2024  
    2023 

    (in thousands) 
  
    Supplemental Cash Flow Disclosure 

    Cash paid during the period for: 

    Interest (net of capitalized interest of $2,792 and $397 respectively) 
    $6,099  
    $7,321 
  
    Taxes 
     -  
     2,488 
  
    Non-cash investing and financing activities: 

    Shares issued for settlement of debt 
     9,840  
     - 
  
    Shares issued for conversion of debt 
     2,940  
     - 
  
    Shares issued for stock compensation to third parties 
     321  
     - 
  
    Shares issued for joint venture 
     1,190  
     - 
  
    Shares issuable for LiiON acquisition 
     288  
     - 
  
    Promissory Note