WindarPhotonics AnnualReport 2018 All - Flipbook - Page 44
Company Statement of Financial Position
As at 31 December 2018
31 December 2018
€
Note
Assets
Non-current assets
Investments in subsidiaries
16
10,733,683
Total non-current assets
Current assets
Other receivables
20
Prepayments
Intragroup receivables
20
Cash and cash equivalents
21
Total current assets
31 December 2017
€
10,733,683
12,703
23,857
974,624
221,540
1,232,724
Total assets
11,966,407
Equity
Share capital
Share premium
Merger reserve
Foreign currency reserve
Retained earnings
25
26
26
26
26
560,859
12,558,434
658,279
(7,746)
(1,891,110)
Current liabilities
Trade payables
Other payables and accruals
23
23
Total equity
Total liabilities
Total equity and liabilities
11,878,716
67,691
20,000
9,394,511
9,394,511
12,180
24,505
276,299
180,727
493,711
9,888,222
530,543
10,281,073
658,279
(7,746)
(1,632,647)
9,829,502
38,720
20,000
87,691
58,720
11,966,407
9,888,222
The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not
presented its own Statement of comprehensive income in these financial statements. The loss after tax of the parent Company
for the year was €284,905 (2017 - loss €414,017).
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.
42
Windar Photonics - Annual Report and Accounts 2018