- Annual Report
- Overview
- Foreword from the Chairman of the Board of Directors and CEO
- Market Switzerland
- Market Italy
- Other segments and activities
- Sustainability
- Corporate governance
- Basic principles
- Group structure and shareholders
- Board of Directors
- Executive Board of the Repower Group
- Shareholders' rights of participation
- Change of control and defensive measures
- Auditor
- Information policy
- Implementation of the Ordinance against Excessive Compensation in Listed Stock Companies
- Events after the balance sheet date
- Board of Directors
- Executive Board
- Compensation Report
- Financial Report
- Consolidated Financial Statements of the Repower Group
- Comments on the consolidated financial statements
- Consolidated income statement
- Consolidated statement of comprehensive income
- Consolidated balance sheet
- Changes in consolidated shareholders equity
- Consolidated cash flow statement
- Notes
- 1 Total operating revenue
- 2 Personnel expenses
- 3 Depreciation/amortisation and impairment
- 4 Financial result
- 5 Income taxes
- 6 Result per share
- 7 Tangible assets
- 8 Intangible assets
- 9 Disclosures of interests in other entities (IFRS 12)
- 10 Other financial assets
- 11 Inventories
- 12 Receivables
- 13 Securities and other financial instruments
- 14 Positive/negative replacement values for held-for-trading positions
- 15 Cash and cash equivalents
- 16 Share capital
- 17 Non-current financial liabilities
- 18 Pension fund obligation
- 19 Other provisions
- 20 Other current liabilities
- 21 Current financial liabilities
- 22 Information about net current assets for the cash flow statement
- 23 Transactions with related parties
- 24 Additional disclosures on financial instruments
- 25 Business combinations, disposals and liquidations
- 26 Assets and liabilities held for sale
- 27 Segment reporting
- 28 Contingent liabilities and warranty liabilities
- 29 Obligations under leasing arrangements
- 30 Risk assessment
- 31 Events occurring after the balance sheet date
- Notes to the consolidated financial statements
- Consolidated accounting principles
- Summary of accounting and valuation principles
- Consolidation
- Accounting and valuation principles
- Capital and enterprise value management
- Risk management and financial risk management
- Estimation uncertainty
- Report of the Auditors on the consolidated financial statements
- Financial Statements of Repower AG
- Consolidated Financial Statements of the Repower Group
- Graphics
- Organisation Chart
- Archive
- Hydropower
Consolidated Financial Statements of the Repower Group
Consolidated balance sheet
| 31.12.2014 | 31.12.2013 | ||
|---|---|---|---|
| Note | |||
| Assets | |||
| Tangible assets | 7 | 889,621 | 918,250 |
| Intangible assets | 8 | 10,376 | 11,048 |
| Investments in associates | 9 | 34,866 | 38,668 |
| Other financial assets | 10 | 9,369 | 62,103 |
| Deferred tax assets | 5 | 44,122 | 43,770 |
| Non-current assets | 988,354 | 1,073,839 | |
| Inventories | 11 | 32,220 | 40,329 |
| Receivables | 12 | 492,046 | 510,129 |
| Current income tax receivables | 10,880 | 15,049 | |
| Prepaid expenses and accrued income | 22 | 5,136 | 5,749 |
| Securities and other financial instruments | 13 | 156,693 | 490 |
| Positive replacement values held for trading positions | 14 | 109,838 | 123,884 |
| Cash and cash equivalents | 15 | 247,034 | 272,993 |
| Current assets | 1,053,847 | 968,623 | |
| Assets held for sale | 26 | 61,694 | 837 |
| Total assets | 2,103,895 | 2,043,299 |
The notes are an integral part of these consolidated financial statements.
| 31.12.2014 | 31.12.2013 | ||
|---|---|---|---|
| Note | |||
| Liabilities and shareholders' equity | |||
| Share capital | 16 | 2,783 | 2,783 |
| Participation capital | 16 | 625 | 625 |
| Treasury shares | - | -12 | |
| Retained earnings (including Group profit) | 740,517 | 778,219 | |
| Actuarial profit/loss from pension plans | 7,749 | 11,858 | |
| Fair value adjustment of financial instruments | - | -454 | |
| Cumulative translation differences | -40,295 | -44,192 | |
| Shareholders' equity excluding minority interests | 711,379 | 748,827 | |
| Minority interests | 54,577 | 56,124 | |
| Shareholders' equity | 765,956 | 804,951 | |
| Pension provisions | 18 | 28,664 | 26,706 |
| Other non-current provisions | 19 | 24,603 | 16,541 |
| Deferred tax liabilities | 5 | 40,633 | 40,839 |
| Non-current financial liabilities | 17 | 568,724 | 523,080 |
| Other non-current liabilities | - | 1,758 | |
| Non-current liabilities | 662,624 | 608,924 | |
| Current income tax liabilities | 9,739 | 14,430 | |
| Current financial liabilities | 21 | 84,069 | 37,633 |
| Negative replacement values held for trading positions | 14 | 99,399 | 104,239 |
| Other current provisions | 19 | 3,780 | 780 |
| Other current liabilities | 20 | 440,979 | 422,698 |
| Deferred income and accrued expenses | 22 | 24,696 | 40,550 |
| Current liabilities | 662,662 | 620,330 | |
| Liabilities | 1,325,286 | 1,229,254 | |
| Liabilities held for sale | 26 | 12,653 | 9,094 |
| Total liabilities and shareholders' equity | 2,103,895 | 2,043,299 |
The notes are an integral part of these consolidated financial statements.