ANNUAL REPORT 2013

FINANCIALS

Parent company balance sheet


EUR Note Dec 31, 2013
Dec 31, 2012







Assets











NON-CURRENT ASSETS
Intangible assets 10 523,280.91
492,794.31







Tangible assets 11




Land and water
15,487,691.33
15,456,681.34

Buildings
13,604,856.42
13,983,471.06

Machinery and equipment
1,316,347.96
1,233,656.44

Construction in progress
515,135.27
462,376.38
Tangible assets total
30,924,030.98
31,136,185.22







Investments 12




Holdings in subsidiaries
827,309,797.36
880,487,444.36

Receivables from subsidiaries
3,700,000.00
2,174,300.00

Other shares
6,057,492.53
6,326,313.57
Investments total
837,067,289.89
888,988,057.93







Non-current assets total
868,514,601.78 76% 920,617,037.46 81%







CURRENT ASSETS
Inventories 13 172,436.75
166,910.78







Non-current loan receivables
17,805.22
22,805.22







Current receivables





Trade receivables
105,957.62
163,060.08

Receivables from subsidiaries 14 272,595,762.36
218,605,412.76

Other receivables
88,850.32
144,734.56

Prepayments and accrued income 15 1,614,373.50
1,352,879.21
Current receivables total
274,404,943.80
220,266,086.61







Cash and cash equivalents 16 1,704,278.84
1,629,990.00







Current assets total
276,299,464.61 24% 222,085,792.61 19%







Assets total
1,144,814,066.39 100% 1,142,702,830.07 100%







Shareholders' equity and liabilities











SHAREHOLDERS' EQUITY 17




Share capital
77,510,200.00
77,510,200.00

Revaluation reserve
3,789,720.00
3,789,720.00

Treasury shares
0.00
-864,706.21

Other reserves
3,204,313.18
3,204,313.18

Retained earnings
725,556,878.09
337,427,893.38

Profit (loss) for the financial year
96,948,896.60
442,232,098.22
Shareholders' equity total
907,010,007.87 79% 863,299,518.57 76%







APPROPRIATIONS 18 406,365.81
622,913.84







LIABILITIES
Non-current 19




Loans from credit institutions
52,499,658.69
63,868,804.00
Non-current liabilities total
52,499,658.69
63,868,804.00







Current

Loans from credit institutions
100,621,583.70
15,621,992.49

Trade payables
891,213.50
485,350.16

Liabilities to subsidiaries 20 75,001,789.66
190,678,343.45

Income tax payable
1,934,028.63
1,022,583.06

Other payables
3,443,461.83
3,192,240.47

Accruals and deferred income 21 3,005,956.70
3,911,084.03
Current liabilities total
184,898,034.02
214,911,593.66







Liabilities total
237,397,692.71 21% 278,780,397.66 24%







Shareholders' equity and liabilities total
1,144,814,066.39 100% 1,142,702,830.07 100%