SINGULUS
TECHNOLOGIES

Annual Report 2018

SINGULUS TECHNOLOGIES AG

Balance Sheet as of 31. December 2018

Assets 12/31/2018 12/31/2017
EUR k EUR k EUR k EUR k
A. Fixed assets
I. Intangible fixed assets
1. Purchased industrial and similar rights and assets 2,019 2,598
2. Goodwill 6,630 9,471
3. Prepayments 139 8,788 26 12,095
II. Tangible fixed assets
1. Land, land rights and buildings,
including buildings on third-party land
8,074 9,041
2. Plant and machinery 1,883 1,063
3. Other equipment, operating
and office equipment
671 762
4. Construction in process 592 11,220 0 10,866
III. Long-term financial assets
Shares in affiliates 9,288 9,677
29,296 32,638
B. Current assets
I. Inventories
1. Raw materials, consumables and supplies 14,080 5,413
2. Work in process 114,376 62,046
3. Prepayments 7,042 4,315
4. Prepayments received -135,498 0 -71,774 0
II. Receivables and other assets
1. Trade receivables 1,414 1,158
2. Receivables from affiliates 4,412 1,466
3. Other assets 1,435 7,261 2,287 4,911
III. Cash and bank balances
24,248 31,143
31,509 36,054
 
C. Prepaid expenses 247 508
D. Deficit not covered by equity 29,907 0
 
Total assets 90,959 69,200
Equity and liabilities 12/31/2018 12/31/2017
EUR k EUR k
A. Equity
I. Subscribed capital 8.896 8.896
II. Capital reserves 19.697 19.697
III. Balance sheet loss -58.000 -27.718
IV. Deficit not covered by equity 29.907 0
0 875
B. Provisions
1. Provisions for pensions and
similar obligations
10.994 10.333
2. Provisions for taxes 405 17
3. Other provisions 12.870 12.910
24.269 23.260
C. Liabilities
1. Bonds 12.000 12.000
2. Payments received on account of orders 32.400 9.279
3. Trade payables 10.102 7.395
4. Liabilities to affiliates 5.827 5.252
5. Other liabilities from financing contracts 4.923 10.067
6. Other liabilities
- thereof in relation to taxes EUR 622k
(PY: EUR 336k)
1.431 1.072
66.683 45.065
D. Deferred items 7 0
 
Total equity and liabilities 90.959 69.200

SINGULUS TECHNOLOGIES AG

Income Statement for the Period from January 1 to December 31, 2018

2018 2017
EUR k EUR k EUR k EUR k
1. Revenue 23,833 61,676
2. Increase (PY: Decrease) in work in progress 52,330 -899
3. Own costs capitalized 589 0
4. Other operating income
- thereof currency translation gains
EUR 205k (PY: EUR 444k)
4,171 7,394
5. Cost of materials
a) Cost of raw materials, consumables and
supplies and of purchased merchandise
-37,501 -34,263
b) Cost of purchased services -19,643 -57,144 -11,571 -45,834
6. Personnel expenses
a) Wages and salaries -24,746 -21,596
b) Social security, pension and other
benefit costs
- thereof for old-age pensions EUR 1.425k
(PY: EUR 1.003k)
-5,371 -30,117 -4,835 -26,431
7. Amortization or depreciation of intangible
and tangible fixed assets
-5,187 -6,710
8. Other operating expenses
- thereof currency translation losses
EUR 24k (PY: EUR 73k)
-16,149 -14,550
9. Income from long-term loans
- thereof from affiliates EUR 203k
(PY: EUR 291k)
203 291
10. Other interest and similar income
- thereof income from discounting EUR 31k
(PY: EUR 21k)
31 47
11. Write-downs of financial assets -150 -2,331
12. Interest and similar expenses
- thereof to affiliates EUR 684k (PY: EUR 571k)
- thereof expenses from interest EUR 381k
(PY: EUR 399k)
-2,856 -2,639
13. Tax income -300 0
 
14. Earnings after taxes -30,746 -29,986
15. Other taxes -36 -44
 
16. Net loss for the year
(PY: net income for the year)
-30,782 -30,030
17. Loss carryforward (PY: profit carryforward) -27,718 2,312
 
18. Balance sheet loss -58,500 -27,718