The interim financial statements as of and for the three months ended June 30, 2014 and 2013 were authorized for issue by the Management Board on August 12, 2014.
2. Summary of significant accounting policies
The principal accounting policies applied in the preparation of these interim financial statements are set out in the financial statements as of December 31, 2013, which can be found in the Company’s Annual Report on Form 20-F that was filed with the U.S. Securities and Exchange Commission. These policies have been applied to all financial periods presented.
3. Financial assets
The financial assets as of June 30, 2014 primarily consisted of shares of two bond funds (kEUR 35,070) and three customer loans (kEUR 1,438). The investments in the bond funds are measured at fair value, and any unrealized gain or loss in the value of such shares is recorded as other comprehensive income on our consolidated statement of comprehensive loss.
4. Other assets
The other assets at June 30, 2014 primarily included kEUR 555 of prepaid expenses.
5. Property, plant and equipment
|
PROPERTY, PLANT AND EQUIPMENT |
||||||
| 06/30/2014 | 12/31/2013 | |||||
| Thousands of Euros | ||||||
| Land, buildings and leasehold improvements | 11,193 | 7,566 | ||||
| Plant and machinery (includes assets under finance lease) | 4,562 | 5,158 | ||||
| Other facilities, factory and office equipment | 900 | 650 | ||||
| Assets under construction | 5 | 2,942 | ||||
| Total | 16,660 | 16,316 | ||||
|
|
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| Leased assets included in Property, Plant and Equipment: | 2,522 | 3,717 | ||||
| Printing machines | 2,476 | 3,664 | ||||
| Other factory equipment | 46 | 53 | ||||
