Page 51 - Annual Report 2019
P. 51
Supervisory Board Report
Group Management Report
Consolidated Financial Statements
Annexes
HOFTEX GROUP AG, Hof/Saale
Balance Sheet as of 31 December 2019
Assets in EUR thousand 31 Dec. 2019 31 Dec. 2018
Fixed assets
Intangible fixed assets 1,845 2,212
Tangible fixed assets 1,314 1,241
Long-term financial assets 104,476 104,596
107,635 108,049
Current assets
Accounts receivable and other assets 62,571 55,366
Cash and cash equivalents 17,218 27,136
79,789 82,502
Accrued and deferred items 75 84
Balance sheet total 187,499 190,635
Equity and liabilities in EUR thousand 31 Dec. 2019 31 Dec. 2018
Equity
Subscribed capital 13,920 13,920
Capital reserves 41,158 41,158
Revenue reserves 57,215 54,415
Net retained profits 2,678 2,968
114,971 112,461
Provisions 7,811 8,768
Liabilities
Liabilities to banks 41,000 50,000
Trade payables 201 315
Liabilities to affiliated companies 23,418 18,999
Other liabilities 98 92
64,717 69,406
Balance sheet total 187,499 190,635
Annex 1
