BALANCE SHEET
in euros, after proposed appropriation of surplus
31/12/2016 | 31/12/2015 | |||||
ASSETS | See note: | |||||
Tangible fixed assets | (1) | 424,617 | 602,356 | |||
Receivables | (2) | 2,640,168 | 2,399,763 | |||
Cash and cash equivalents | (3) | 21,587,751 | 14,801,761 | |||
TOTAL ASSETS | 24,652,537 | 17,803,880 | ||||
LIABILITIES | ||||||
Reserves and funds | (4) | |||||
Continuity reserve | 6,000,000 | 6,000,000 | ||||
General reserve | 493,228 | 1,158,714 | ||||
Earmarked reserve | 760,018 | 1,034,660 | ||||
Earmarked funds | 403,305 | 419,745 | ||||
7,656,551 | 8,613,119 | |||||
Provisions | (5) | 1,313,123 | 721,233 | |||
Long-term liabilities | (6) | 27,836 | - | |||
Short-term liabilities | ||||||
Accounts payable | (7) | 1,552,698 | 513,474 | |||
Grants received in advance | (8) | 13,425,016 | 6,846,564 | |||
Other liabilities | (9) | 677,312 | 1,109,489 | |||
15,655,027 | 8,469,527 | |||||
TOTAL LIABILITIES | 24,652,537 | 17,803,880 |