ANNUAL REPORT 2007 | 2008 - Gimv

Restructuring provision Environmental risk Post-employment
benefi ts
Provisions / others Statutory consolidation
- - 11 991 1 184 18 155
- - 11 991 1 184 18 155
- - - - -
4 000 - 1 844 695 8 734
- - - - -
- - - - -1 819
- 130 - - -123
- - - - -
- - - 1 295 1 295
- - - - -
4 000 130 13 835 3 174 26 242
- - 13 835 3 174 26 242
- - - - -
28. FINANCIAL LIABILITIES AND TRADE AND OTHER PAYABLES (IN EUR 000)
Year 2006-2007
Maximum 1 year 1 to 5 years More than 5
years
I. Interest bearing loans and borrowings
1. Loans 21 240 62 784 26 628 110 652
2. Bond loans - - - -
3. Convertible loans - - - -
4. Obligations under fi nance leases 52 78 - 130
5. Bank overdrafts 16 994 - - 16 994
6. Other loans 408 33 858 352 34 618
Total 38 694 96 720 26 980 162 394
II. Other information
1. Trade payables 33 538 - - 33 538
2. Received advances 2 947 - - 2 947
3. Other payables 16 807 - - 16 807
of which due to employees 12 268 - - 12 268
Total 53 292 - - 53 292
The Gimv group has no fi nancial debt. The increase in debt in
the statutory consolidation derives entirely from the buy-outs
that are consolidated. In buy-out transactions a part of the investment
is externally fi nanced, which explains the size of the
debt on the balance sheet. The Gimv group has no liability or
risk in respect of this debt. The Gimv group’s risk is limited to
the amount of the investment in these companies.
Total
Trade and other payables rose by EUR 29 829. This is due
essentially to the EUR 31 352 increase in the payables of the
buy-outs. Here too the Gimv group’s risk is limited to the amount
of the investment in these companies.
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