- Annual Report
- Overview
- Foreword from the Chairman of the Board of Directors and CEO
- 2025 strategy
- Market Switzerland
- Market Italy
- Other segments and activities
- Sustainability
- Corporate Governance
- Basic principles
- Group structure and shareholders
- Capital structure
- 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
- 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 Prepaid expenses and accrued income/deferred income and accrued expenses
- 23 Transactions with related parties
- 24 Additional disclosures on financial instruments
- Fair value hierarchy
- 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 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
- Income statement
- Balance sheet
- Notes to the financial statements
- 1 Net sales
- 2 Depreciation/amortisation and impairment
- 3 Extraordinary, non-recurring or prior period income
- 4 Extraordinary, non-recurring or prior period expenses
- 5 Cash and cash equivalents and current assets with a stock exchange price
- 6 Trade receivables
- 7 Other receivables
- 8 Inventories and non-invoiced services
- 9 Financial assets
- 10 Intangible assets
- 11 Trade creditors
- 12 Short-term interest-bearing liabilities
- 13 Other current liabilities
- 14 Long-term interest-bearing liabilities
- 15 Other long-term liabilities
- 16 Provisions
- 17 Shareholders equity
- Share capital
- Treasury shares
- Other information
- Appropriation of retained earnings
- Report of the auditors on the financial statements
- Consolidated financial statements of the Repower Group
- Graphs
- Organisation Chart
- Archive
- Focus on the customers
Consolidated financial statements of the Repower Group
Consolidated balance sheet
| 31.12.2015 | 31.12.2014 | ||
|---|---|---|---|
| Restated* | |||
| Note | |||
| Assets | |||
| Tangible assets | 7 | 770,768 | 889,621 |
| Intangible assets | 8 | 8,605 | 10,376 |
| Investments in associates | 9 | 24,272 | 34,866 |
| Other financial assets | 10 | 16,414 | 9,369 |
| Deferred tax assets | 5 | 49,046 | 44,122 |
| Non-current assets | 869,105 | 988,354 | |
| Inventories | 11 | 30,739 | 32,220 |
| Receivables | 12 | 391,027 | 492,046 |
| Current income tax receivables | 7,218 | 10,880 | |
| Prepaid expenses and accrued income | 22 | 4,552 | 5,136 |
| Securities and other financial instruments | 13 | 15,376 | 156,693 |
| Positive replacement values held for trading positions | 14 | 103,300 | 131,815 |
| Cash and cash equivalents | 15 | 396,765 | 247,034 |
| Current assets | 948,977 | 1,075,824 | |
| Assets held for sale | 26 | 9,805 | 61,694 |
| Total assets | 1,827,887 | 2,125,872 |
The notes are an integral part of these consolidated financial statements.
* See page 50
| 31.12.2015 | 31.12.2014 | ||
|---|---|---|---|
| Restated* | |||
| Note | |||
| Liabilities and shareholders' equity | |||
| Share capital | 16 | 2,783 | 2,783 |
| Participation capital | 16 | 625 | 625 |
| Retained earnings (including Group result) | 620,154 | 740,517 | |
| Actuarial profit/loss from pension plans | -3,584 | 7,749 | |
| Accumulated translation differences | -55,125 | -40,295 | |
| Shareholders' equity excluding non-controlling interests | 564,853 | 711,379 | |
| Non-controlling interests | 35,016 | 54,577 | |
| Shareholders' equity | 599,869 | 765,956 | |
| Pension provisions | 18 | 42,098 | 28,664 |
| Other non-current provisions | 19 | 28,596 | 24,603 |
| Deferred tax liabilities | 5 | 28,920 | 40,633 |
| Non-current financial liabilities | 17 | 433,488 | 568,724 |
| Non-current liabilities | 533,102 | 662,624 | |
| Current income tax liabilities | 6,234 | 9,739 | |
| Current financial liabilities | 21 | 204,563 | 84,069 |
| Negative replacement values held for trading positions | 14 | 77,154 | 121,376 |
| Other current provisions | 19 | 4,569 | 3,780 |
| Other current liabilities | 20 | 368,024 | 440,979 |
| Deferred income and accrued expenses | 22 | 23,547 | 24,696 |
| Current liabilities | 684,091 | 684,639 | |
| Liabilities | 1,217,193 | 1,347,263 | |
| Liabilities held for sale | 26 | 10,825 | 12,653 |
| Total liabilities and shareholders' equity | 1,827,887 | 2,125,872 |
The notes are an integral part of these consolidated financial statements.
* See page 50