Annual Report The Greenery 2016

Page 84

36 Financial fixed assets

in thousands of euros

Associates

Receivables from group companies

Net book value as at 1 January 2016 New loans Redemption Result of subsidiaries and associates Dividends Other movements Net book value as at 31 December 2016

63,433 13,169 (15,207) (1,125) 60,270

99,596 (55,032) 44,564

Minority interests

Other receivables

Total

37,598 73 (37) 11,000 (6,011) 42,623

180 (122) 58

200,807 73 (55,191) 24,169 (21,218) (1,125) 147,515

Associates The amount stated under other movements mainly concerns the currency translation differences reserve for associates in connection with PTLA.

Receivables from group companies The amount recognised under redemptions relates mainly to the sale of real estate by Greenery Vastgoed B.V.

Minority interests Over the course of 2016, an amount of EUR 6.0 million in dividend was received from EPS through Houdstermaatschappij Verpakkingsbedrijven B.V.

37 Inventories in thousands of euros

Packaging Goods for sale Total

2016

2015

5,307 5,743 11,050

5,299 2,731 8,030

The inventories item includes a provision for obsolescence of EUR 1.3 million (2015: EUR 1.2 million). This relates mainly to unsaleable packaging.

38 Receivables and accruals in thousands of euros

Trade receivables Amounts receivable from group companies Amounts receivable from shareholders Other receivables, prepayments and accrued income Total

2016

2015

42,610 40,780 14,499 6,179 104,068

36,472 50,026 4,820 3,529 94,847

Trade receivables include a provision for impairment of EUR 0.2 million (2015: EUR 0.3 million).

84

2016 Annual Report of The Greenery B.V.


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