Annual Report 2005

78
Neschen AG balance sheet (in accordance with the German Commercial Code)
Neschen AG balance sheet
ASSETS
Financial year Previous year
Euros Euros Euros
A. Start-up and business expansion expenses 0.00 9,009.00
B. Fixed assets
I. Intangible assets
1. Royalties, patents, licences and
similar rights and values as well as
licences to such rights 253,775.00 172,807.00
2. Goodwill or company value 4,889,059.00 5,185,366.00
5,142,834.00 5,358,173.00
II. Tangible assets
1. Land and buildings including buildings
on property abroad 13,160,059.75 13,773,782.75
2. Technical equipment, plant and machinery 9,586,705.00 11,421,925.00
3. Other equipment, fixtures, fittings and equipment 505,334.70 547,402.70
4. Advance payments and plant and machinery
under construction 545,707.48 987,806.96
23,797,806.93 26,730,917.41
III. Financial assets
1. Shares in affiliated companies 8,649,806.30 8,629,806.30
2. Investments 0.00 24,500.00
3. Cooperative shares 150.00 150.00
8,649,956.30 8,654,456.30
C. Current assets
I. Inventories
1. Raw materials and supplies 1,864,649.57 2,324,112.84
2. Work-in-progress 2,351,347.10 3,361,281.05
3. Finished products and goods 4,703,262.57 4,775,004.07
4. Advance payments 50,500.00 55,249.80
8,969,759.24 10,515,647.76
II. Receivables and other assets
1. Trading receivables 3,382,011.06 2,973,287.99
2. Accounts due from affiliated companies 4,200,116.50 4,650,402.27
3. Accounts due from other Group companies 778,170.31 789,535.30
4. Other assets 1,597,916.54 970,786.17
9,958,214.41 9,384,011.73
- of which with a residual term of more than
One year 0.00 Euros (26,167.35 Euros)
III. Cash on hand, cash in Federal bank, cash in
banks and cheques 173,813.49 81,948.08
D. Transitory items 38,470.81 14,269.43
56,730,855.18 60,748,432.71