Annual Report 2012 (PDF) - Hamburg

4 Receivables and other assets
Receivables from affiliated companies are listed in Table 4.
Receivables from affiliated companies include € 4,342,000
(previous year: € 11,073,000) receivable from shareholders.
Receivables from companies in which a participatory interest
is held, along with receivables from the Free and Hanseatic
City of Hamburg, relate in the year under review and in
the previous year both to products delivered and to services
provided.
Receivables have, as in the previous year, a residual
term of up to one year.
Other assets to the value of € 1,725,000 (previous year:
€ 2,328,000) have a residual term of more than one year.
5 Equity
Subscribed capital remains unchanged at € 56,026,500.00.
As of 31 December, 2012 a total of € 0 is available to be
paid as shareholder dividends (previous year: € 0). A total of
€0 (previous year: € 0) is subject to the dividend payout restriction
imposed by law and by the articles of association.
6 Provisions
Pension provisions are calculated with reference to the option
specified in Art. 67 Para. 1 of EGHGB. The allocation of
the difference is taking place in equal annual rates over a
period of 15 years up until the year 2024. The outstanding
sum not listed in the balance sheet was € 7,883,000 (previous
year: € 8,540,000) at 31 December, 2012.
The provisions for anniversary bonuses have not been
changed, as provided for by the option retained according
to Art. 67 Para. 1 Subpara. 2 of EGHGB. The value will appreciate
by the year 2024. Surplus provision at 31 December,
2012 was € 8,000 (previous year: € 22,000).
Tax provisions relate to energy and electricity taxes. No
tax provisions were established in the previous year.
Significant individual items reported under other provisions
at the accounting date include: provisions for noise
protection measures amounting to € 10,152,000; provisions
for outstanding supplier invoicing amounting to
€ 7,229,000; provisions for partial retirement amounting
to € 3,741,000; and provisions for former employees who
transferred to subsidiary and other companies in previous
years amounting to € 2,837,000.
7 Liabilities
The residual terms of liabilities as of the accounting date
are shown in Table 7.
Liabilities to Group companies include € 6,058,000
arising from supplies and services (previous year:
€ 5,689,000), € 47,686,000 in other liabilities (previous
year: € 61,030,000) and € 2,545,000 for loans (previous
year: € 2,545,000). They are balanced with receivables
arising from supplies and services of € 364,000 (previous
year: € 356,000) and miscellaneous receivables of
€ 545,000 (previous year: € 915,000).
Liabilities include € 39,006,000 payable to shareholders
(previous year: € 49,213,000); this amount consists entirely
of the profit transfer owed to the parent company, FHK
(previous year: € 49,213,000).
Liabilities to companies in which a participatory interest
is held relate in the year under review, as in the previous
year, to supplies and services. Liabilities to the Free and
Hanseatic City of Hamburg relate, as in the previous year,
primarily to miscellaneous liabilities.
Miscellaneous liabilities include € 433,000 (previous year:
€ 421,000) in taxes. Liabilities relating to social security
amount to €83,000 (previous year: € 172,000).
Liabilities are not secured by the company.
8 Sales revenue
Sales revenue is broken down in Table 8.
9 Expenditure and income falling outside the year under
review
The profit and loss statement contains income falling outside
the year under review amounting to € 2,461,000, in
particular income from the liquidation of provisions, along
with expenditure falling outside the year under review
amounting to € 430,000, primarily losses arising from the
disposal and/or sale of fixed assets.
4 Receivables from affiliated companies
2012 in € ’000 2011 in € ’000
Receivables from affiliated companies 5,795 12,823
of which: trade debtors 6 198
of which: balanced with trade creditors – 55 – 201
of which: balanced with other liabilities 0 – 71
of which: other receivables and other assets 5,844 12 897
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