Our annual financial statement
Balance sheet of GFT eG
Assets for the period from 01.01. to 31.12. | 2021 | 2020 | |
€ | € | ||
A. | Assets | ||
I. | Intangible assets | ||
1. Concessions, patents, licenses, trademarks and similar rights and assets | 170.053,00 | 132.066,50 | |
2. Payment on account | 69.542,17 | 8.050,00 | |
II. | Tangible assets | ||
1. Land, leasehold rights and buildings including buildings on third party land | 407.358,46 | 288.271,46 | |
2. Fixtures, fittings, tools and equipment | 167.834,50 | 102.508,00 | |
III. | Investments | ||
1. Shares in group undertakings | 85.000,00 | 85.000,00 | |
2. Participation interests | 4.100,00 | 4.100,00 | |
Total fixed assets | 903.888,13 | 619.995,96 | |
B. | Current assets | ||
I. | Stocks | ||
1. Finished goods and goods for resale | 3.256.669,34 | 0,00 | |
II. | Debtors and other assets | ||
1. Trade debtors | 11.798.393,24 | 8.318.343,80 | |
2. Amounts owed by group undertaking | 0,00 | 2.473,60 | |
3. Other assets | 1.470.058,03 | 1.564.682,33 | |
III. | Cash at bank and in hand and central bank balances | 26.431,25 | 2.545.490,42 |
Total current assets | 16.551.551,86 | 12.430.990,15 | |
C. | Prepayments and accrued income | 14.394,60 | 11.401,60 |
Summe aller Aktiva | 17.469.834,59 | 13.062.387,71 |
Liabilities for the period from 01.01. to 31.12. | 2021 | 2020 | |
€ | € | ||
A. | Shareholders’ equity | ||
I. | Share capital | ||
1. of the remaining members | 1.438.620,88 | 1.354.800,00 | |
2. of the retiring members | 15.500,00 | 27.900,00 | |
3. from cancelled shares | 0,00 | 0,00 | |
II. | Share premium account | 303.787,76 | 287.787,76 |
III. | Revenue reserve | ||
1. Statutory reserves | 537.210,67 | 531.133,70 | |
2. Other revenue reserves | 814.326,97 | 764.180,60 | |
IV. | Balance sheet profit | ||
1. Retained earnings | 5,49 | 0,00 | |
2. Net income for the year | 60.769,74 | 61.337,01 | |
3. Transfer to reserves | –12.153,95 | –12.267,40 | |
4. Interest on share capital | –4.994,72 | –4.994,72 | |
Total Shareholders' equity | 3.153.072,85 | 3.009.876,95 | |
B. | Provisions | ||
1. Provisions for taxation including deferred taxation | 10.300,00 | 0,00 | |
2. Other provisions | 322.188,00 | 1.134.876,79 | |
Total provisions | 332.488,00 | 1.134.876,79 | |
C. | Creditors | ||
1. Bank loan and overdraft | 3.031.435,64 | 73,50 | |
2. Payment received on account | 7.626.964,03 | 4.584.416,77 | |
3. Amounts owed to group undertakings | 49.770,16 | 50.035,86 | |
4. Other creditors including taxation EUR 242.955,33 (previous year: EUR 854.935,89) and social security: EUR 1.908,59 (previous year: EUR 1.804,59) | 3.276.103,91 | 4.283.107,84 | |
Total creditors | 13.984.273,74 | 8.917.633,97 | |
Total liabilites | 17.469.834,59 | 13.062.387,71 |