Page 3 - Annual Report 2019
P. 3
Table of Contents
Supervisory Board Report 4
Group Management Report 6
Group fundamentals 6
Economic report 10
Overall economic development 10
Sector trends 11
Group performance 12
Net assets, financial position and results of operations 15
Statement on Corporate Governance pursuant to
Section 289f(4) of the German Commercial Code 19
Risk and opportunity report 19
Forecasts and outlook 23
Consolidated Financial Statements 26
Consolidated balance sheet 26
Consolidated income statement 27
Consolidated statement of changes in equity 28
Consolidated cash flow statement 29
Notes to the consolidated financial statements 30
Annexes
HOFTEX GROUP AG Balance sheet Annex 1
HOFTEX GROUP AG Income statement Annex 2
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