Nabaltec_E_GB2016

86 NOTES TO THE CONSOLIDATED BAL ANCE SHEET 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 FINANCIAL ASSETS 6.3 Financial assets relate to the Group’s 100% interest in Nabaltec Asia Pacific K.K. The subsidiary has not been fully consolidated for materiality reasons. In the absence of an active market, the shares are measured at cost. INVENTORIES 6.4 Inventories are comprised as follows: INVENTORIES in TEUR Raw materials and supplies Work in process Finished goods and merchandise Total 12/31/2016 12/31/2015 17,864 32 12,986 30,882 16,778 226 13,777 30,781 Inventories in the amount of EUR 0 thousand (year before: EUR 30,781 thousand) serve as collateral for accounts payable to banks. The impairment of inventories, which is recognized as an expense, amounted to EUR 115 thou- sand (year before: EUR 249 thousand). TRADE RECEIVABLES 6.5 Trade receivables are as follows: TRADE RECEIVABLES in TEUR Gross trade receivables Individual allowances Total 12/31/2016 12/31/2015 3,259 –168 3,091 5,365 –162 5,203 All trade receivables are not interest-bearing and have a residual term of less than one year. We refer to Section 7.2, “Disclosures for financial instruments,” with regard to the develop- ment of the allowance account and the age structure of accounts receivable. 6.6 OTHER ASSETS Other assets are comprised of other financial assets and other non-financial assets as follows: OTHER ASSETS in TEUR Accounts receivable from factoring Other Other financial assets 12/31/2016 12/31/2015 3,451 628 4,079 2,873 594 3,467 |||| Nabaltec AG | Annual Report 2016

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