Financial statements
| ASSETS 2016 | € |
|---|---|
| A) FIXED ASSETS | 151.222,68 € |
| I. Intangible assets | 41.033,43 € |
| 1. Software | - € |
| 2. Usage Rights | 41.033,43 € |
| II. Tangible assets | 110.189,25 € |
| 1. Machinery and Facilities | 29.070,22 € |
| 2. Furniture and hardware | 81.119,02 € |
| 3. Other tangible assets | - € |
| B) CURRENT ASSETS | 7.301.742,05 € |
| I. Inventory | 34.474,14€ |
| II. Accounts Receivable | 1.176.143,39 € |
| 1. Other Debtors | 1.176.143,39 € |
| 2. Personnel | - € |
| 3. Tax & Government debt | - € |
| IV. Short term financial investments | 2.497.877,65 € |
| 1. Securities | 2.481.981,05 € |
| VI. Cash and equivalent liquid assets | 3.586.287,14 € |
| 1. Cash | 3.586.287,14 € |
| TOTAL (A+B) | 7.452.964,73 € |
| EQUITY AND LIABILITIES 2016 | € |
|---|---|
| A) EQUITY | 1.707.825,67 € |
| A-1). Equity | 1.654.568,77 € |
| I. Founders equity | 30.050,61 € |
| 1. Founders equity | 30.050,61 € |
| III. Retained Earnings | 1.611.368,50 € |
| 1. Retained Earnings | 1.611.368,50 € |
| V. Net Income (loss) for the year | 13.149,66 € |
| A-2). Grants, donations and other deferred revenue | 53.256,90 € |
| 1. Capital Grants | 53.257,43 € |
| B) NON CURRENT LIABILITIES | 4.116.530,73 € |
| C) CURRENT LIABILITIES | 1.628.608,33 € |
| II. Short terms debts | 996.640,93 € |
| IV. Accounts Payable | 631.967,40 € |
| 1. Other Creditors | 393.750,89 € |
| 2. Personnel (accrued compensation) | 45.520,86 € |
| 3. Tax and other Current liabilities to Government | 192.695,65 € |
| TOTAL (A+B+C) | 7.452.964,73 € |
| INCOME STATEMENT 2106 | € |
|---|---|
| 1) Operating Revenue | 3.459.695,68 € |
| a) Sales of goods and services | 551.155,37 € |
| b) Other periodical revenue | 866.784,36 € |
| c) Grants received | 1.899.296,07 € |
| d) Other Grants and donations | 152.217,47 € |
| e) Grants and donations reimbursed | -9.757,59 € |
| 2) Grants Awarded And Other Expenses | -15.741,03 € |
| a) Grants Awarded | -15.741,03 € |
| 3) Purchases | -44.392,98 € |
| a) Consumption of goods and inventory write down | -44.392,98 € |
| b) Subcontracting | - € |
| 4) Personnel Expenses | -1.895.078,09 € |
| 5) Other Operating Expenses | -1.440.845,78 € |
| a) Services | -1.416.298,24 € |
| A1) Rentals | -271,21 € |
| A2) Maintenance | -26.630,90 € |
| A3) Professional Fees | -762.329,30 € |
| A4) Insurance premiums | -2.829,10 € |
| A5) Bank fees | -797,83 € |
| A6) Supplies | -8.701,15 € |
| A7) Other services | -614.738,75 € |
| b) Taxes | -1.683,74 € |
| c) Other operating accruals | -22.863,80 € |
| 6) Depreciation | -171.702,49 € |
| 8) Long term Grants and Donations accrued | 105.289,89 € |
| 9) Other results | - € |
| I. OPERATING INCOME | -2.774,80 € |
| 10) Financial revenue | 17.971,18 € |
| 11) Financial expense | -2.047,07 € |
| 12) Exchange rate differences | 0.35 € |
| II. FINANCIAL INCOME | 15.924,46 € |
| III. INCOME BEFORE TAXES | 13.149,66 € |
| IV. NET INCOME | 13.149,66 € |