Annual Report 2005
Annual Report 2005
Annual Report 2005
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
62<br />
Notes relating to the consolidated annual accounts<br />
Joint venture (equity method)<br />
in €k 31.12.<strong>2005</strong> 31.12.2004<br />
Neschen GBC Graphic Films LLC, Elkridge/USA 1,108 839<br />
Total 1,217 923<br />
Investment loans<br />
in €k 31.12.<strong>2005</strong> 31.12.2004<br />
Neschen GBC Graphic Films LLC, Elkridge/USA 1,650 1,204<br />
Securities<br />
in €k 31.12.<strong>2005</strong> 31.12.2004<br />
Neschen Austria Ges.m.b.H., Vienna/Austria 10 10<br />
Filmolux S.A.R.L., Paris/France 1 1<br />
Neschen ITALIA s.r.L., Bagnolo/Italy 1 1<br />
Total 12 12<br />
Sonstige Ausleihungen<br />
in €k 31.12.<strong>2005</strong> 31.12.2004<br />
Neschen AG, Bückeburg 1 1<br />
Neschen International B.V., Raalte/The Netherlands 536 610<br />
Neschen Benelux B.V., Breda/The Netherlands 75 59<br />
Neschen Products España S.A., Barcelona/Spain 8 8<br />
Total 620 678<br />
Deferred taxes<br />
in €k 31.12.<strong>2005</strong> 31.12.2004<br />
Active deferred taxes 1,115 9,888<br />
The deferred taxes relate to different valuations in the operating and tax statements, the expected future adjustment of tax loss carry-forwards and from consolidation<br />
methods at Group level. In the financial year, deferred taxes on tax loss carry-forwards were only shown as assets at the rate of the deferred tax liabilities<br />
relating to the Group company in question created in the financial year. Besides these, no deferred taxes on tax loss carry-forwards were created on the assets<br />
side.<br />
Short-term assets<br />
Distribution of assets<br />
in €k 31.12.<strong>2005</strong> 31.12.2004<br />
Raw materials and supplies 4,903 6,425<br />
Semi-finished products 3,388 4,350<br />
Finished products and commodities 8,386 9,494<br />
Advance payments 57 58<br />
Total 16,734 20,327<br />
Raw materials and supplies<br />
in €k 31.12.<strong>2005</strong> 31.12.2004<br />
Neschen AG, Bückeburg/Germany 1,865 2,324<br />
Seal Graphics Europe B.V., Raalte/The Netherlands 27 917<br />
Seal UK Ltd., Basildon/Great Britain 19 86<br />
Filmolux S.A.R.L., Paris/France 41 29<br />
Neschen Corporation, Elkridge/USA (consolidated) 2,951 3,069<br />
Total 4,903 6,425
Change language