Annual report 2010 - Hapimag

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 2010 OF THE HAPIMAG GrouP
7 // otheR ReceivaBles anD assets, cuRRent
in euR 1000 2010 2009
VAT receivables 1 273 1 240
Other tax receivables 299 371
Advance payments to suppliers 77 95
Receivables in respect of social security contributions 5 21
Receivables from suppliers 354 358
Derivative financial instruments with positive fair value 170 134
Other receivables 838 466
Prepayments and accrued income 1 806 1 648
Total 4 822 4 333
– of which qualifying as financial instruments (see Note 38) 1 362 958
Of the vat receivables, teuR 209 (prior year teuR 270) are denominated in chf.
Receivables from suppliers generally arise from refunds or sales rebates.
Prepayments and accrued income only include accruals for expenditure in the following year.
There are no further known concentrations of risk. There are not expected to be any significant defaults on claims.
8 // cash and cash equivalents
Petty cash 327 243
Bank balances and call cash deposits (callable within 48 hours) 14 550 13 348
Total 14 877 13 591
– of which denominated in euR 12 333 11 708
– of which denominated in chf 1 031 1 089
– of which denominated in usD 116 96
– of which denominated in GBP 1 204 547
– of which denominated in other currencies 193 151
– of which non-interest-bearing 4 253 3 364
– of which bearing interest at 0.01%–0.20% 2 210 3 093
– of which bearing interest at 0.21%–0.50% 4 596 6 659
– of which bearing interest at 0.51%–1.00% 3 600 199
– of which bearing interest at 1.01%–2.00% 218 222
– of which bearing interest at 2.01%–3.00% 0 54
– of which qualifying as financial instruments (see Note 38) 14 877 13 591
9 // shaRE capital
The share capital (registered nominal capital) is that of Hapimag ag, Baar.
Opening balance 28 902 28 902
share capital increase 0 0
Closing balance 28 902 28 902
As at the year-end the share capital consisted of 67500 registered shares with a nominal value of chf 100 each and 205750 registered shares
with a nominal value of chf 200 each. Each share carries a voting right. The shares are not traded on the stock exchange and there is no subscription
right on capital increases. Shares sold until February 2000 are inalienably associated with a loan. In accordance with article 28 of the articles
of association, no dividends are paid.
22 Hapimag Annual Report 2010