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Nabaltec_E_GB2016

S T N E M E T A T S L A I C N A N I F D E T A D I L O S N O C 102 OTHER DISCLOSURES 2016 Europe USA Europe USA 2015 Europe USA Europe USA Increase/ decrease in basis points Impact on pre-tax earnings in TEUR Impact on shareholders’ equity* in TEUR +10 +10 –10 –10 +10 +10 –10 –10 –3 –19 3 19 –16 –20 16 20 302 0 –309 0 353 1 –271 –1 * Not including the impact on pre-tax earnings ADDITIONAL DISCLOSURES CONCERNING CAPITAL MANAGEMENT 7.3 Nabaltec AG employs a solid capital management scheme in order to enable the Group to remain on track for growth and to ensure its ability to meet its payment obligations. A particular goal is to maintain an enduring balance between equity and debt. Nabaltec AG’s shareholders’ equity and debt items recognized in connection with capital management as of 31 December 2016 and 2015 are shown below: 12/31/2016 in TEUR 12/31/2015 in TEUR Change in % Shareholders’ equity as % of total capital Non-current financial debt Current financial debt Debt* as % of total capital 57,765 41.23 71,345 11,004 82,349 58.77 58,102 38.46 71,314 21,648 92,962 61.54 Total capital for capital management purposes 140,114 151,064 * The company defines debt as accounts payable to banks and accounts payable to a minority shareholder. –0.58 7.20 0.04 –49.17 –11.42 –4.50 –7.25 Equity decreased by EUR 337 thousand last year, to EUR 57,765 thousand, largely due to an increase in actuarial losses by EUR 3,344 thousand. Debt decreased by EUR 10,613 thousand last year, to EUR 82,349 thousand, largely due to the amortization of long-term bank loans. Together, these effects resulted in an increase in the equity ratio (shareholders’ equity as a percentage of total capital) to 41.23%, up from 38.46% in the year before. The ratio of debt to capital for capital management purposes decreased from 61.54% on 31 December 2015 to 58.77% on 31 December 2016. |||| Nabaltec AG | Annual Report 2016

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