WindarPhotonics AnnualReport 2018 All - Flipbook - Page 43
Consolidated Statement of Financial Position
As at 31 December 2018
31 December 2018
€
Note
31 December 2017
€
982,888
110,788
46,285
868,594
107,084
38,505
Assets
Non-current assets
Intangible assets
17
Property, plant & equipment
18
Deposits
Total non-current assets
1,139,961
1,014,183
Current assets
Inventory
19
Trade receivables
20
Other receivables
20
Prepayments
Restricted cash and cash equivalents
21
Cash and cash equivalents
21
726,999
638,138
286,473
83,763
518,138
1,721,803
739,610
381,295
216,710
78,379
234,692
1,116,503
3,975,314
2,767,189
5,115,275
3,781,372
Total current assets
Total assets
Equity
Share capital
Share premium
Merger reserve
Foreign currency reserve
Retained earnings
Total equity
25
26
26
26
26
560,859
12,558,434
2,910,866
(21,715)
(13,287,757)
Non-current liabilities
Warranty provisions
Loans
Total non-current liabilities
Current liabilities
Trade payables
Other payables and accruals
Deferred revenue
Invoice discounting
Loans
2,720,687
1,181,664
28
24
78,422
1,135,744
1,214,166
1,096,014
23
23
23
23
23
492,822
588,456
83,169
10,735
5,240
1,045,516
325,675
6,716
121,208
4,579
72,205
1,023,809
1,180,422
2,394,588
2,599,708
5,115,275
3,781,372
Total current liabilities
Total liabilities
530,543
10,281,073
2,910,866
(19,590)
(12,521,228)
Total equity and liabilities
1,503,694
The financial statements were approved and authorised for issue by the Board of Directors on 27 June 2019 and were signed
below on its behalf by:
Jørgen Korsgaard Jensen, Director
The notes on pages 47 to 72 form part of these financial statements.
Windar Photonics - Annual Report and Accounts 2018
41