voxeljet AG Reports Financial Results for the First Quarter Ended March 31, 2014

No impairment of non-financial assets was recorded in the three-month period ended March 31, 2014.

In the first three months of 2013, the Group entered into sale and leaseback transactions for two self-produced 3D printers with a total value of kEUR 870. Related manufacturing costs were kEUR 467. The gain of kEUR 403 was deferred and is amortized over the respective lease term. No sale and leaseback transactions occurred in the first quarter of 2014.

In the first quarter of 2014, the Group early terminated three sale and leaseback transactions. As a result of the early terminations, kEUR 694 of liabilities were extinguished, kEUR 401 of deferred income was recognized as other operating income, and kEUR 47 of extinguishment loss was recognized.

Leases of 3D printers are non-cash transactions for purposes of the consolidated statement of cash flows.

6. Financial instruments

The fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

The fair values and carrying amounts of financial liabilities for the considered reporting periods were as follows:

  03/31/2014   12/31/2013

carrying

amount

    fair value

carrying

amount

    fair value
Thousands of Euros        
Bank overdrafts and lines of credit 700 700 758 758
Long-term debt 275 291 1,507 1,573
Finance lease obligations 2,529 2,554 3,520 3,549
 
Total 3,504   3,545 5,785 5,880

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9  Next Page »
Featured Video
Latest Blog Posts
Sanjay GangalIndustry Predictions
by Sanjay Gangal
AECCafe Industry Predictions for 2025 – DGG
Jobs
Senior Principal Software Engineer for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Equipment Engineer, Raxium for Google at Fremont, California
Mechanical Engineer 2 for Lam Research at Fremont, California
Upcoming Events
Geospatial World Forum 2025 at Madrid Marriott Auditorium Madrid Spain - Apr 22 - 25, 2025
BI2025 - 13th Annual Building Innovation Conference at Ritz-Carlton Tysons Corner McLean VA - May 19 - 21, 2025
SIGGRAPH 2025 at Convention Centre Vancouver, British Columbia Canada - Aug 10 - 14, 2025



© 2025 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise