FY 2012 Annual Report - Orascom Development

F-5 Orascom Development 2012 Annual Report F-6
Orascom Development Holding AG
Consolidated statement of financial position at 31 December 2012
CHF Notes 31 December 2012 31 December 2011
ASSETS
NON-CURRENT ASSETS
Property, plant and equipment ‎16 1,002,981,620 969,362,187
Investment property 17 78,903,321 76,366,131
Goodwill 18 7,331,756 7,951,210
Investments in associates ‎20 18,852,835 29,349,124
Non-current receivables 21 74,119,839 89,167,880
Non-current receivable due from related parties 42 2,140,680 137,143
Deferred tax assets 13.4 30,999,043 30,681,825
Finance lease receivables 26 17,742,084 12,760,423
Other financial assets ‎22 54,319,056 39,609,291
TOTAL NON-CURRENT ASSETS 1,287,390,234 1,255,385,214
CURRENT ASSETS
Inventories ‎24 499,127,430 478,154,600
Trade and other receivables ‎25 90,265,697 133,567,041
Finance lease receivables 26 4,376,243 3,214,009
Current receivables due from related parties 42 17,500,946 45,218,733
Other financial assets 22 8,249,157 14,557,520
Other current assets ‎23 74,015,193 73,719,589
Cash and bank balances 43 101,668,196 79,399,104
TOTAL CURRENT ASSETS 795,202,862 827,830,596
TOTAL ASSETS 2,082,593,096 2,083,215,810
CHF Notes 31 December 2012 31 December 2011
EQUITY AND LIABILITIES
CAPITAL AND RESERVES
Issued capital 27 662,201,010 662,201,010
Reserves 28 (149,503,893) (134,983,659)
Retained earnings 29 229,270,759 327,175,626
Equity attributable to owners of the Parent
Company
741,967,876 854,392,977
Non-controlling interests 30 235,883,784 240,823,907
Total equity 977,851,660 1,095,216,884
NON-CURRENT LIABILITIES
Borrowings 31 279,376,296 254,353,148
Trade and other payables 34 32,139,626 31,717,802
Retirement benefit obligation 38 871,355 416,295
Notes payable 3,688,597 5,797,662
Deferred tax liabilities ‎13.4 40,360,551 36,396,168
Other financial liabilities 35 13,121,891 14,018,690
Total non-current liabilities 369,558,316 342,699,765
CURRENT LIABILITIES
Trade and other payables 34 49,984,236 57,631,059
Borrowings 31 324,484,554 281,857,673
Due to related parties 42 17,081,959 5,760,784
Current tax liabilities 13.3 5,187,962 6,133,481
Provisions 32 79,106,988 90,144,020
Other current liabilities 33 259,337,421 203,772,144
Total current liabilities 735,183,120 645,299,161
Total liabilities 1,104,741,436 987,998,926
Total equity and liabilities 2,082,593,096 2,083,215,810
Samih Sawiris Gerhard Niesslein Ahmed El Shamy
Chairman CEO Group CFO
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