Consolidated Financial Statements of the Repower Group

Consolidated balance sheet

 

 

31.12.2017

31.12.2016

CHF thousand

 

 

 

 

Note

 

 

Assets

 

 

 

 

 

 

 

Tangible assets

15

745,166

760,003

Intangible assets

16

10,588

11,079

Investments in associates and joint ventures

17

3,632

3,162

Financial assets

18

62,783

20,796

Deferred tax assets

19

34,141

42,811

Non-current assets

 

856,310

837,851

 

 

 

 

Inventories

20

24,745

16,343

Trade accounts receivable

21

382,940

313,852

Other receivables

22

32,513

47,194

Prepaid expenses and accrued income

23

2,876

2,161

Securities

24

20,530

17,285

Positive replacement values of held for trading positions

25

108,028

147,772

Cash and cash equivalents

26

394,479

318,171

Current assets

 

966,111

862,778

 

 

 

 

Total assets

 

1,822,421

1,700,629

 

 

31.12.2017

31.12.2016

CHF thousand

 

 

 

 

Note

 

 

Liabilities and shareholders’ equity

 

 

 

 

 

 

 

Share capital

 

7,391

7,391

Treasury shares

 

–15

–21

Capital reserves

 

202,004

201,998

Retained earnings (including group earnings)

 

511,625

491,169

Accumulated translation differences

 

5,498

–649

Shareholders’ equity excluding minorities

 

726,503

699,888

Minorities

 

42,953

37,047

Shareholders’ equity

 

769,456

736,935

 

 

 

 

Non-current provisions

27

19,537

20,080

Deferred tax liabilities

28

21,368

33,056

Non-current financial liabilities

29

378,452

301,007

Other non-current liabilities

30

63,081

62,001

Non-current liabilities

 

482,438

416,144

 

 

 

 

Current financial liabilities

31

40,151

20,090

Negative replacement values of held for trading positions

25

107,153

141,941

Current provisions

27

259

20

Trade accounts payable

32

380,401

346,003

Other current liabilities

33

26,102

21,733

Deferred income and accrued expenses

34

16,461

17,763

Current liabilities

 

570,527

547,550

 

 

 

 

Liabilities

 

1,052,965

963,694

 

 

 

 

Total liabilities and shareholders’ equity

 

1,822,421

1,700,629

Since the beginning of 2017 the consolidated financial statements have been prepared in accordance with Swiss GAAP FER. The comparative figures were adjusted retroactively to reflect the change to Swiss GAAP FER.