Balance sheet


In thousands of CHF	Note	Dec. 31, 2017	%	Dec. 31, 2016	%
Assets
Cash and cash equivalents		782		10,290
Trade receivables from subsidiaries		17		159
Prepaid expenses		275		349
Total current assets		1,074	0.6%	10,798	6.1%
Non-current financial assets – loans	3	119,451		102,794
Investments in subsidiaries	2	61,785		61,785
Intangible assets		523		821
Total non-current assets		181,759	99.4%	165,400	93.9%
Total assets		182,832	100.0%	176,198	100.0%

Liabilities and shareholders' equity
Current trade payables to non-Group entities		111		91
Current trade payables to shareholders and governing bodies		264		259
Accrued expenses		1,181		1,105
Non-current interest-bearing liabilities	8	60,000		60,000
Total liabilities		61,556	33.7%	61,455	34.9%
Capital stock	5	7,754		7,745
Statutory capital reserve		19,233		27,521
Statutory earnings reserve		4,967		4,967
Retained earnings brought forward		74,535		65,284
Net income for the year		14,788		9,226
Total retained earnings		89,323		74,510
Total shareholders' equity		121,276	66.3%	114,743	65.1%
Total liabilities and shareholders' equity		182,832	100.0%	176,198	100.0%