Access America 2004 Annual Report Download - page 35

Download and view the complete annual report

Please find page 35 of the 2004 Access America annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 40

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40

33
Financial Statements of Elmonda
Income Statement of Elmonda for the Financial Year 2004
in thousand CHF 2004 2003
Financial Income 28 874 34 235
General expenses (4 251) (1 203)
Profit for the financial year before taxes 24 623 33 032
Taxes (31) (127)
Profit for the financial year 24 592 32 905
Balance Sheet of Elmonda of December 31st, 2004
in thousand CHF 2004 2003
ASSETS
Fixed assets
Participations 398 511 398 511
Loans 5 972 5 997
Total fixed assets 404 483 404 508
Current assets
Cash and cash equivalents 700 8 762
Fixed-income securities 14 511 0
Receivables 5 816 18 137
Accrued income 061
Total current assets 21 027 26 960
Total assets 425 510 431 468
LIABILITIES AND SHAREHOLDERS’ EQUITY
Liabilities
Accruals and deferred income 775 295
Other liabilities 857 291
Total liabilities 1 632 586
Shareholders’ equity
Share capital 40 000 40 000
Additional paid-in capital 357 000 357 000
Legal reserve 977 977
Retained earnings 1 309 0
Net profit for the financial year 24 592 32 905
Total shareholders’ equity 423 878 430 882
Total liabilities and shareholders’ equity 425 510 431 468