Balance sheet


In thousands of CHF	Note	Dec. 31, 2018	%	Dec. 31, 2017	%
Assets
Cash and cash equivalents		114		782
Trade receivables from subsidiaries		14		17
Prepaid expenses		196		275
Total current assets		324	0.2%	1,074	0.6%
Non-current financial assets - loans	3	113,484		119,451
Investments in subsidiaries	2	75,431		61,785
Intangible assets		–		523
Total non-current assets		188,915	99.8%	181,759	99.4%
Total assets		189,239	100.0%	182,832	100.0%

Liabilities and shareholders' equity
Current trade payables to non-Group entities		106		111
Current trade payables to shareholders and governing bodies		262		264
Accrued expenses		1,232		1,181
Non-current interest-bearing liabilities	8	60,000		60,000
Total liabilities		61,600	32.6%	61,556	33.7%
Capital stock	5	7,760		7,754
Statutory capital reserve		8,434		19,233
Statutory earnings reserve		4,967		4,967
Retained earnings brought forward		89,323		74,535
Net income for the year		17,156		14,788
Total retained earnings		106,479		89,323
Total shareholders' equity		127,639	67.4%	121,276	66.3%
Total liabilities and shareholders' equity		189,239	100.0%	182,832	100.0%