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Nabaltec_E_GB2016

NOTES TO THE CONSOLIDATED BAL ANCE SHEET 87 OTHER NON-FINANCIAL ASSETS in TEUR VAT receivable Accrued assets Other non-financial assets Total 12/31/2016 12/31/2015 1,320 130 1,450 5,529 2,911 150 3,061 6,528 The accounts receivable from factoring recognized as of 31 December 2016, in the amount of EUR 3,451 thousand (year before: EUR 2,873 thousand), consist primarily of withheld purchase prices in connection with factoring arrangements. Other assets have a residual term of less than one year. 6.7 CASH AND CASH EQUIVALENTS Cash and cash equivalents were comprised as follows as of the reporting date: CASH AND CASH EQUIVALENTS in TEUR Bank balances Cash on hand Total 12/31/2016 12/31/2015 36,181 2 36,183 42,269 3 42,272 Bank balances earn interest at variable interest rates for sight deposits. Short-term deposits are made for a variety of terms, ranging from one day to three months depending on the Group’s needs. They earn interest in each case at the rates in effect for short-term deposits. For the purposes of the consolidated cash flow statement, there are no differences in cash and cash equivalents as of 31 December 2016. Cash and cash equivalents are not subject to any restrictions on disposal. SHAREHOLDERS’ EQUITY 6.8 The changes in Nabaltec AG’s shareholders’ equity are shown in the Statement of Consolidated Shareholders’ Equity. Subscribed capital Fully paid-in capital (capital stock) amounted to EUR 8,000 thousand on the reporting date (year before: EUR 8,000 thousand) and consists of 8,000,000 bearer shares, with each share representing EUR 1.00 of the capital stock. Each share confers one vote. Authorized capital The Management Board, with the Supervisory Board’s approval, is authorized by resolution of the shareholders of 30 June 2016 to raise the capital stock through 31 May 2021 once or multiple times by up to EUR 4,000 thousand by issuing up to 4,000,000 new no-par-value bearer shares in exchange for cash and/or non-cash contributions, with the stipulation that the number of shares is to be increased in the same proportion as the capital stock. The Manage- ment Board may decide to exclude subscription rights with the approval of the Supervisory Board (Authorized Capital 2016/I). Annual Report 2016 | Nabaltec AG |||| 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

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