| Balance sheet |  |  |  |
| --- | --- | --- | --- |
|  | 31.12.2019 | 31.12.2018 | + / - |
|  | EUR | EUR | in % |
| Assets |  |  |  |
| Fixed assets |  |  |  |
| Financial investments (managed assets) | 11'426'342 | 11'764'261 | -2.87% |
| Total fixed assets | 11'426'342 | 11'764'261 | -2.87% |
| Current assets |  |  |  |
| Accounts receivable from managed assets | 4'297 | 8'511 | -49.51% |
| Due from banks | 96'438 | 114'598 | -15.85% |
| Total current assets | 100'735 | 123'109 | -18.17% |
| Accruals and deferrals |  |  |  |
| Prepaid expenses | 0 | 0 | 0.00% |
| Total accruals and deferrals | 0 | 0 | 0.00% |
| Total assets | 11'527'077 | 11'887'370 | -3.03% |
| Liabilities |  |  |  |
| Equity capital |  |  |  |
| Paid-up capital | 70'000 | 70'000 | 0.00% |
| Investor’s share | 11'426'342 | 11'764'261 | -2.87% |
| Legal reserves | 7'000 | 7'000 | 0.00% |
| Unappropriated earnings | 0 | 0 | 0.00% |
| Retained gain |  |  |  |
| Carryforward from prior year | 7'150 | 5'845 | 22.34% |
| Net gain | 9'692 | 31'306 | -69.04% |
| Total retained gain | 16'842 | 37'150 | -54.66% |
| Total equity capital | 11'520'184 | 11'878'411 | -3.02% |
| Provisions |  |  |  |
| Provisions for taxes | 1'656 | 3'900 | -57.54% |
| Total provisions for taxes | 1'656 | 3'900 | -57.54% |
| Liabilities |  |  |  |
| Provisions from trade accounts | 0 | 0 | 0.00% |
| Total liabilities | 0 | 0 | 0.00% |
| Accruals and deferrals |  |  |  |
| Deferred income | 5'237 | 5'059 | 3.53% |
| Total accruals and deferrals | 5'237 | 5'059 | 3.53% |
| Total liabilities | 11'527'077 | 11'887'370 | -3.03% |

Translation (ENDE, 2019-12-31):
| Bilanz |  |  |  |
| --- | --- | --- | --- |
|  | 31.12.2019 | 31.12.2018 | + / - |
|  | EUR | EUR | in % |
| Aktiven |  |  |  |
| Anlagevermögen |  |  |  |
| Finanzanlagen (verwaltetes Vermögen) | 11'426'342 | 11'764'261 | -2.87% |
| Total Anlagevermögen | 11'426'342 | 11'764'261 | -2.87% |
| Umlaufvermögen |  |  |  |
| Forderungen gegenüber verwaltetem Vermögen | 4'297 | 8'511 | -49.51% |
| Guthaben bei Banken | 96'438 | 114'598 | -15.85% |
| Total Umlaufvermögen | 100'735 | 123'109 | -18.17% |
| Aktive Rechnungsabgrenzungsposten |  |  |  |
| Aktive Rechnungsabgrenzung | 0 | 0 | 0.00% |
| Total aktive Rechnungsabgrenzungsposten | 0 | 0 | 0.00% |
| Total Aktiven | 11'527'077 | 11'887'370 | -3.03% |
| Passiven |  |  |  |
| Eigenkapital |  |  |  |
| Gezeichnetes Kapital | 70'000 | 70'000 | 0.00% |
| Anlegeranteil | 11'426'342 | 11'764'261 | -2.87% |
| Gesetzliche Reserven | 7'000 | 7'000 | 0.00% |
| Gewinnreserven | 0 | 0 | 0.00% |
| Bilanzgewinn |  |  |  |
| Vortrag vom Vorjahr | 7'150 | 5'845 | 22.34% |
| Jahresgewinn | 9'692 | 31'306 | -69.04% |
| Total Bilanzgewinn | 16'842 | 37'150 | -54.66% |
| Total Eigenkapital | 11'520'184 | 11'878'411 | -3.02% |
| Rückstellungen |  |  |  |
| Steuerrückstellungen | 1'656 | 3'900 | -57.54% |
| Total Rückstellungen | 1'656 | 3'900 | -57.54% |
| Verbindlichkeiten |  |  |  |
| Verbindlichkeiten aus Lieferung und Leistungen | 0 | 0 | 0.00% |
| Total Verbindlichkeiten | 0 | 0 | 0.00% |
| Passive Rechnungsabgrenzungsposten |  |  |  |
| Passive Rechnungsabgrenzung | 5'237 | 5'059 | 3.53% |
| Total passive Rechnungsabgrenzungsposten | 5'237 | 5'059 | 3.53% |
| Total Passiven | 11'527'077 | 11'887'370 | -3.03% |