Annual Report 2016

Company financial statements

  • Company balance sheet

    At 31 December

    in thousand € (before proposed profit appropriation)

    Notes

    2016

    2015

    Fixed assets

    Tangible assets

    -

    1

    Intangible assets

    138

    155

    Financial assets

    1.

    184,474

    165,636

    Total fixed assets

    184,612

    165,792

    Current assets

    Receivables

    2.

    4,966

    3,184

    Cash and cash equivalents

    3.

    -

    4

    Total current assets

    4,966

    3,188

    Total assets

    189,578

    168,980



    in thousand € (before proposed profit appropriation)

    Notes

    2016

    2015

    Capital and reserves

    4.

    Issued share capital

    439

    439

    Share premium account

    18,434

    18,434

    Reserve for currency translation differences

    913

    1,097

    Revaluation reserve

    2,812

    2,812

    Other reserves

    35,265

    30,409

    Retained earnings

    19,015

    22,559

    Total equity

    76,878

    75,750

    Liabilities

    Provisions

    5.

    14,770

    13,843

    Current liabilities

    6.

    97,930

    79,387

    Total liabilities

    112,700

    93,230

    Total equity and liabilities

    189,578

    168,980

  • Company profit and loss account

    in thousand €

    2016

    2015

    Cost of sales

    2,638

    2,491

    Gross profit

    2,638

    2,491

    Personnel expenses

    1,305

    1,546

    Depreciation and amortisation

    45

    54

    Other operating expenses

    1,419

    1,002

    Total operating expenses

    2,769

    2,602

    Operating profit (EBIT)

    (131)

    (111)

    Finance income

    6,555

    6,814

    Finance costs

    (391)

    (596)

    Profit before taxation

    6,033

    6,107

    Income tax expense

    (1,606)

    (1,528)

    Net income from subsidiaries

    14,588

    17,980

    Net profit

    19,015

    22,559