Annual Report 2012 - ORCO Germany

ORCO GERMANY S.A.
Société Anonyme
R.C.S. Luxembourg B 102.254
PROFIT AND LOSS ACCOUNT
Year ended December31, 2012
C H A R G E S 2012 2011
EUR
EUR
Other external charges (note 9) 2,794,354 2,971,095
Value adjustments
On elements of current assets (note 4.3) - 1,048,118
Other operating charges (note 13) 137,736 308,450
Value adjustments in respect of financial fixed assets (note 4) 37,676,186 13,289,358
Interest payable and similar charges
Affiliated undertakings (note 11) 3,466,051 3,807,675
Other interest payable and similar charges (note 12) 2,036,480 4,980,834
Extraordinary charges (note 13.1) 626,141 13,146,218
Other taxes (note 15 ) 8,439 38,145
TOTAL CHARGES 46,745,387 39,589,893
INCOME
Net turnover (note 8) 30,303 216,164
Reversal of value adjustments
On tangible assets (note 3)
On elements of current assets (note 4.3)
Other operating income
-
909,271
483,348
189,606
481,313
-
Income from financial fixed assets derived from affiliated undertakings
(note 4)
10,071,321 24,476,875
Other interests and other financial income
Derived from affiliated undertakings (note 14) 11,267,641 10,618,929
Other interest receivable and similar income 50,143 113,726
Extraordinary income(note 13.2) 650,674 -
Loss for the financial year 23,282,686 3,493,280
TOTAL INCOME 46,745,387 39,589,893
The accompanying notes form an integral part of these annual accounts.
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