Annual Report 2005
Annual Report 2005
Annual Report 2005
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Notes relating to the consolidated annual accounts<br />
Cash and cash equivalents<br />
in €k 31.12.<strong>2005</strong> 31.12.2004<br />
Neschen AG, Bückeburg/Germany 174 82<br />
Neschen Technologies GmbH, Bückeburg/Germany 0 7<br />
Neschen Austria Ges.m.b.H., Vienna/Austria 1 1<br />
Neschen International B.V., Raalte/The Netherlands 10 542<br />
Neschen Benelux B.V., Breda/The Netherlands 1 20<br />
Seal Graphics Europe B.V., Raalte/The Netherlands 0 20<br />
Seal UK Ltd., Basildon/Great Britain 1 0<br />
Seal Graphics Pacific Ltd., Hong Kong/China 10 6<br />
Filmolux S.A.R.L., Paris/France 22 18<br />
Neschen UK Ltd., Stone/Great Britain 1 1<br />
Neschen ITALIA s.r.L., Bagnolo/Italy 1 1<br />
Neschen Kft., Budapest/Hungary 28 31<br />
Neschen Corporation, Elkridge/USA (consolidated) 230 673<br />
Neschen Products España S.A., Barcelona/Spain 109 237<br />
HSW Signall s.r.o., Prague/Czech Republic 48 24<br />
Neschen China Ltd., Hong Kong/China 51 26<br />
Total 687 1,689<br />
III. Liabilities<br />
Shareholders’ equity capital<br />
in €k 31.12.<strong>2005</strong> 31.12.2004<br />
Subscribed capital 8,750 8,750<br />
Capital reserves 0 6,428<br />
Balance sheet loss - 8,049 - 7,331<br />
Foreign shares 517 579<br />
Total 1,218 8,426<br />
Authorised capital<br />
The Executive Board of Directors is authorised to increase the company’s share capital by up to a total of 4,375,000.00 Euros by means of cash investments or<br />
contributions in kind once or several times by 24 June 2009 with the consent of the Supervisory Board by issuing new no-par-value ordinary bearer shares. In<br />
principle, shareholders are to be granted a subscription right too.<br />
Foreign shares<br />
in €k 31.12.<strong>2005</strong> 31.12.2004<br />
Neschen Accutech Corporation, Elkridge/USA - 90 - 39<br />
HSW Signall s.r.o., Prague/Czech Republic 748 666<br />
Neschen China Ltd., Hong Kong/China - 251 - 284<br />
Neschen Products España S.A., Barcelona/Spain 110 113<br />
Other 0 123<br />
Total 517 579<br />
Distribution of provisions<br />
in €k 31.12.<strong>2005</strong> 31.12.2004<br />
Provisions for pensions and similar obligations 202 230<br />
Provisions for taxes 2,933 2,703<br />
Other provisions 2,056 1,810<br />
Total 5,191 4,743<br />
Provisions for pensions and similar obligations<br />
in €k 31.12.<strong>2005</strong> 31.12.2004<br />
Filmolux S.A.R.L., Paris/France 172 164<br />
Neschen ITALIA s.r.L., Bagnolo/Italy 30 66<br />
Total 202 230<br />
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