Page 50 - Financial Statements 2014, 2015 & 2016
P. 50
AVSERMA Aviation Services &
Consolidated Financial Statements Management Co. N.V.
1. Statement of financial position Consolidated financial statements 2014
Statement of financial position
(Before profit appropriation)
December 31, 2014 December 31, 2013
Assets in AWG in AWG
Fixed assets
Tangible fixed assets 566,933 818,928
566,933 818,928
Current assets
Accounts receivable 1,146,394 793,313
Due from related parties 14,713 92,595
Other receivables 89,748 61,099
Cash and banks 109,833 40,863
1,360,688 987,870
Total assets 1,927,621 1,806,798
December 31, 2014 December 31, 2013
Equity & liabilities in AWG in AWG
Group equity
Share capital 3,600,000 3,600,000
Share premium 760,000 660,000
Retained earnings (6,430,280) (5,778,257)
Current year result 946,667 (652,023)
Minority interest - -
(1,123,613) (2,170,280)
Current liabilities
Loan facility 862,365 1,014,769
Credit institutions 634,650 922,945
Accounts payable 621,309 956,374
Due to related parties 30,000 -
Taxes and premiums 782,846 992,140
Other liabilities 120,064 90,850
3,051,234 3,977,078
Total equity & liabilities 1,927,621 1,806,798
The notes form an integral part of these consolidated financial statements
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