Finance
The following table shows the account of results for the last two years. We underscore that in 2017 we did not receive the subsidy of the Health Department.
ASSETS | 2018 | 2017 |
---|---|---|
A) FIXED ASSETS | 107.106,03 € | 87.010,03 € |
I. Intangible assets | 0 | 0 |
1. Software | - € | - € |
2. Usage Rights | - € | - € |
II. Tangible assets | 107.106,03 € | 87.010,03 € |
1. Machinery and Facilities | 45,60 € | 114,33 € |
2. Furniture and hardware | 103.504,97 € | 81.953,29 € |
3. Other tangible assets | 3.495,85 € | 4.942,41 € |
B) CURRENT ASSETS | 6.892.460,06 € | 6.580.254,99 € |
I. Inventory | 130.383,11 € | 107.856,14 € |
II. Accounts Receivable | 2.696.850,22 € | 1.424.844,61 € |
1. Other Debtors | 2.688.894,44 € | 1.414.983,24 € |
2. Personnel | - € | - € |
3. Tax & Government debt | 7.955,78 € | 9.861,37 € |
IV. Short term financial investments | 0,00 € | 503.582,69 € |
1. Securities | 0,00 € | 503.582,69 € |
VI. Adjustments | 4.827,60 € | 4.996,50 € |
VII. Cash and equivalent liquid assets | 4.060.399,13 € | 4.538.975,05 € |
1. Cash | 4.060.399,13 € | 4.538.975,05 € |
TOTAL (A+B) | 6.999.566,09 € | 6.667.265,02 € |
EQUITY AND LIABILITIES | 2018 | 2017 |
---|---|---|
A) EQUITY | 1.101.455,09 € | 956.265,05 € |
A-1). Equity | 1.092.973,49 € | 949.260,10 € |
I. Founders equity | 30.050,61 € | 30.050,61 € |
1. Founders equity | 30.050,61 € | 30.050,61 € |
III. Retained Earnings | 1.069.776,58 € | 1.619.388,49 € |
1. Retained Earnings | 1.069.776,58 € | 1.619.388,49 € |
V. Net Income (loss) for the year | -6.853,70 € | -700.179,00 € |
A-2). Grants, donations and other deferred revenue | 8.481,60 € | 7.004,95 € |
1. Capital Grants | 8.481,60 € | 7.004,95 € |
B) NON CURRENT LIABILITIES | 2.925.770,30 € | 2.942.558,66 € |
C) CURRENT LIABILITIES | 2.972.340,70 € | 2.768.441,31 € |
II. Short terms debts | 2.306.971,26 € | 1.951.711,33 € |
IV. Accounts Payable | 665.369,44 € | 775.697,30 € |
1. Other Creditors | 420.520,53 € | 534.411,76 € |
2. Personnel (accrued compensation) | 62.901,27 € | 67.653,56 € |
3. Tax and other Current liabilities to Government | 181.947,64 € | 173.631,98 € |
TOTAL (A+B+C) | 6.999.566,09 € | 6.667.265,02 € |
INCOME STATEMENT | 2018 | 2017 |
---|---|---|
1) Operating Revenue | 3.672.756,40 € | 3.271.052,60 € |
a) Sales of goods and services | 1.333.454,23 € | 672.761,15 € |
b) Other periodical revenue | 521.622,38 € | 874.233,46 € |
c) Grants received | 1.919.372,88 € | 1.683.490,08 € |
d) Other Grants and donations | 71.342,02 € | 76.397,46 € |
e) Grants and donations reimbursed | -173.035,11 € | -35.829,55 € |
2) Grants Awarded And Other Expenses | -36.375,04 € | -237.217,85 € |
a) Grants Awarded | -36.375,04 € | -237.217,85 € |
3) Purchases | -50.124,41 € | -86.865,91 € |
a) Consumption of goods and inventory write down | -53.008,41 € | -86.865,91 € |
4)Other incomes from actiivities | 2.884,00 € | 0 |
5) Personnel Expenses | -2.161.274,59 € | -2.160.520,48 € |
6) Other Operating Expenses | -1.405.365,17 € | -1.438.363,01 € |
a) Services | -1.407.114,36 € | -1.366.676,20 € |
A1) Rentals | -612,02 € | -21.647,72 € |
A2) Maintenance | -23.245,54 € | -28.479,99 € |
A3) Professional Fees | -682.652,65 € | -780.577,03 € |
A4) Insurance premiums | -1.863,06 € | -1.724,34 € |
A5) Bank fees | -1.066,54 € | -1.752,56 € |
A6) Supplies | 0 | 0 |
A7) Other services | -697.674,55 € | -532.494,56 € |
b) Tributs | -667,25 € | -2.418,67 € |
c) Other operating accruals | 2.416,44 € | -69.268,14 € |
7) Depreciation | -126.768,56 € | -108.945,01 € |
8) Long term Grants and Donations accrued | 84.184,58 € | 53.302,90 € |
9) Excess supplies | 41032,68 | 0 |
I. OPERATING INCOME | 18.065,89 € | -707.556,76 € |
10) Financial revenue | -1.558,46 € | 7.452,28 € |
11) Financial expense | -23.333,18 € | -36,41 € |
12) Exchange rate differences | -27,95 € | -38,11 € |
II. FINANCIAL INCOME | -24.919,59 € | 7.377,76 € |
III. INCOME BEFORE TAXES | -6.853,70 € | -700.179,00 € |
IV. NET INCOME | -6.853,70 € | -700.179,00 € |