Annual report 2008 - Advanced Inflight Alliance AG

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30 ADVANCED INFLIGHT ALLIANCE AG, MUNICH CONSOLIDATED BALANCE SHEET (IFRS) ASSETS Dec. 31, 2008 Dec. 31, 2007 EUR EUR Non-current assets Intangible assets: - Film rights 2,050,247.66 3,173,554.741) - Goodwill 21,445,620.41 10,565,047.472) - Other intangible assets Property, plant and equipment 15,571,997.23 4,076,703.13 - Land and buildings 656,844.09 887,794.18 - Furniture, fixture and fittings Financial assets: 1,788,472.84 1,357,198.56 - Investments 0.00 103,018.47 - Other financial assets 19,341.13 33,604.15 Deferred tax assets 1,648,513.11 1,831,605.05 Total non-current assets 43,181,036.47 22,028,525.75 Current assets Inventories 368,780.64 155,433.885) Trade receivables 17,904,192.10 12,221,984.754) Current income tax assets 2,120,036.35 505,361.98 Other financial assets 0.00 4,367,251.40 Cash and equivalents 17,473,824.89 18,954,809.44 Other assets 2,894,061.00 1,395,822.45 Total current assets 40,760,894.98 37,600,663.90 TOTAL ASSETS 83,941,931.45 59,629,189.65
EQUITY AND LIABILITIES Dec. 31, 2008 Dec. 31, 2007 EUR EUR Equity attributable to equity holders of the parent Subscribed capital 14,500,000.00 14,800,000.00 Capital reserves 8,676,643.95 8,347,841.15 Retained earnings 11,737,414.83 5,440,579.074) Other recognized gains and losses -8,139,210.43 -1,536,092.813) Total equity 26,774,848.35 27,052,327.41 Non-current liablities Financial liabilities 8,376,911.17 2,104,705.27 Other financial liabilties 2,896,812.08 0.00 Deferred tax liabilties 6,773,340.40 2,023,219.59 Total non-current liabilities 18,047,063.65 4,127,924.86 Current liablities Other provisions 120,000.00 100,000.00 Current income tax liabilities 1,488,331.93 1,151,075.84 Financial liabilities 3,099,314.20 4,525,535.88 Trade payables 26,258,929.89 19,142,107.944),5) Other liabilities to affiliates 0.00 32,705.39 Other liabilties 8,153,443.43 3,497,512.33 Total current liabilities 39,120,019.45 28,448,937.38 TOTAL EQUITY AND LIABILITIES 83,941,931.45 59,629,189.65 1) = Restatement persuant to IAS 8: Correction according to IAS 21.47 in the connection with the acquisition of a foreign business enterprise in the amount of EUR 537,338.15 2) = Restatement persuant to IAS 8: Correction according to IAS 21.47 in the connection with the acquisition of a foreign business enterprise in the amount of EUR 165,058.87 3) = Restatement persuant to IAS 8: Correction according to IAS 21.47 in the connection with the acquisition of a foreign business enterprise in the amount of EUR 702,447.02 4) = Error correction acc. to IAS 8: Correction in connection with Revenue Recognition policy of EUR 378,055.86 5) = Error correction acc. to IAS 8: Correction in connection with purchase of shortterm filmrights of EUR 645,090.00 31
Page 1 and 2: ANNUAL REPORT 2008
Page 3 and 4: Contents 5 Group struccture Advance
Page 5 and 6: Group structur Advanced Inflight Al
Page 7 and 8: neu Fairdeal Multimedia Pvt. Ltd.,
Page 9 and 10: The customers of the Group include
Page 11 and 12: 4.4 Currency developments On an ann
Page 13 and 14: 9. Course of business and key event
Page 15 and 16: neu Effective June 04, 2008, the Ma
Page 17 and 18: Finance income Finance income dropp
Page 19 and 20: Financial management Our financial
Page 21 and 22: Some of our subsidiaries‘ contrac
Page 23 and 24: 2. Significant individual risks Ext
Page 25 and 26: Litigation risks All litigation wit
Page 27: Otto Dauer (left) Chief executive o
Page 32 and 33: 32 ADVANCED INFLIGHT ALLIANCE AG, M
Page 38: 38 ADVANCED INFLIGHT ALLIANCE AG, M

Annual report 2008 - Advanced Inflight Alliance AG

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