Balance sheet


In thousands of CHF	Note	Dec. 31, 2019	%	Dec. 31, 2018	%
Assets
Cash and cash equivalents		455		114
Trade receivables from subsidiaries		3		14
Prepaid expenses		115		196
Total current assets		573	0.3%	324	0.2%
Non-current financial assets - loans	3	118,466		113,484
Investments in subsidiaries	2	75,431		75,431
Intangible assets		–		–
Total non-current assets		193,897	99.7%	188,915	99.8%
Total assets		194,470	100.0%	189,239	100.0%

Liabilities and shareholders’ equity
Current trade payables to non-Group entities		4		106
Current trade payables to shareholders and governing bodies		297		262
Accrued expenses		1,346		1,232
Non-current interest-bearing liabilities	8	60,000		60,000
Total liabilities		61,647	31.7%	61,600	32.6%
Capital stock	5	7,764		7,760
Statutory capital reserve		1,093		8,434
Statutory earnings reserve		4,967		4,967
Retained earnings brought forward		104,955		89,323
Net income for the year		14,044		17,156
Total retained earnings		118,999		106,479
Total shareholders’ equity		132,823	68.3%	127,639	67.4%
Total liabilities and shareholders’ equity		194,470	100.0%	189,239	100.0%