Menu

Balance sheets as of 31 December 2019 and 2018

in thousand CHF   Notes   2019   2018
ASSETS
Current assets
Cash and cash equivalents       2 110   2 433
Trade receivables            
 against third parties       3 613   5 557
 against Group       1 514   1 403
Other short-term receivables            
 against third parties       18   84
 against Group   9    1 335   2 166
Inventories       262   738
Prepaid expenses       74   81
Total current assets       8 926   12 462
 
Non-current assets
Financial assets to Group       48 441   48 276
Investments   4 / 8    58 994   53 385
Property, plant, equipment and lease   12    57   25
Intangible assets       47   33
Long-term financial assets       30   30
Total non-current assets       107 569   101 749
TOTAL assets       116 495   114 210
 
LIABILITIES AND SHAREHOLDERS' EQUITY            
Current liabilities
Trade payables            
 against third parties       377   819
 against Group       2 674   4 260
 against shareholders and governing bodies          
Short-term interest-bearing liabilities against shareholders   5    6 400   9 100
Other short-term liabilities       943   774
Accrued expenses and short term provisions       3 445   2 443
Total short-term liabilities       13 839   17 396
 
Non-current liabilities
Long-term interest-bearing liabilities against shareholders   6    25 726   23 226
Long-term interest-bearing liabilities against lease   12    26  
Long-term provisions       74   58
Total long-term liabilities       25 826   23 284
 
Shareholders’ equity
Share capital   1 / 2 / 3    7 053   7 053
Legal capital reserves            
 Capital contribution reserves       88 924   88 924
Legal retained earnings            
 General legal retained earnings       4 534   4 534
Voluntary retained earings            
 Accumulated losses       –26 980   –30 455
 Net income for the year       3 300   3 475
Total shareholders’ equity       76 830   73 530
TOTAL liabilities & equity       116 495   114 210

See notes to Precious Woods Holding Ltd financial statements on pages 90 to 93.