LION E-Mobility AG
6340 Baar
Balance sheet as of December 31 | Appendix | 2020 | 2020 | 2019 | 2019 | |
* | ** | |||||
EUR | CHF | EUR | CHF | |||
Assets | ||||||
Current assets | ||||||
Cash and cash equivalents | ||||||
Cash and cash equivalents | 723.870 | 782.901 | 1.559.758 | 1.695.457 | ||
Total cash and cash equivalents | 723.870 | 782.901 | 1.559.758 | 1.695.457 | ||
Other current receivables | ||||||
Current account with governing bodies | 2,3 | 17.845 | 19.301 | 13.129 | 14.271 | |
Short-term loans to participations | 2,3 | - | - | 62.677 | 68.130 | |
Other current receivables from third parties | 2.259 | 2.443 | 2.277 | 2.475 | ||
Total other current receivables | 20.104 | 21.744 | 78.083 | 84.876 | ||
Total current assets | 743.974 | 804.645 | 1.637.841 | 1.780.333 | ||
Fixed assets | ||||||
Financial assets | ||||||
Loans to participations | 2,3 | 861.361 | 931.605 | 843.844 | 917.258 | |
Total financial assets | 861.361 | 931.605 | 843.844 | 917.258 | ||
Shareholdings | ||||||
Shareholdings | 2,1 | 9.785.007 | 10.582.974 | 7.693.721 | 8.363.075 | |
Total shareholdings | 9.785.007 | 10.582.974 | 7.693.721 | 8.363.075 | ||
Mobile property, plant and equipment | ||||||
Movables | 750 | 811 | 1.250 | 1.359 | ||
Total property, plant and equipment | 750 | 811 | 1.250 | 1.359 | ||
Total fixed assets | 10.647.118 | 11.515.390 | 8.538.815 | 9.281.692 | ||
Total assets | 11.391.091 | 12.320.035 | 10.176.656 | 11.062.025 | ||
* converted at | 1,0816 | EUR/CHF | ||||
**converted at | 1,0870 | EUR/CHF |
LION E-Mobility AG
6340 Baar
Balance sheet as of December 31 | Appendix | 2020 | 2020 | 2019 | 2019 | ||
* | ** | ||||||
EUR | CHF | EUR | CHF | ||||
Liabilities | |||||||
Current liabilities | |||||||
Trade accounts payable | |||||||
Trade accounts payable | 23.941 | 25.893 | 26.340 | 28.632 | |||
Total trade accounts payable | 23.941 | 25.893 | 26.340 | 28.632 | |||
Other current liabilities | |||||||
Other current liabilities to third parties | 31.577 | 34.153 | 15.447 | 16.791 | |||
Other current liabilities to participations | 51.362 | 55.551 | - | - | |||
Other current liabilities to governing bodies | 2,4 | 5.602 | 6.059 | 253.776 | 275.855 | ||
Total other current liabilities | 88.541 | 95.763 | 269.223 | 292.646 | |||
Deferred income | |||||||
Deferred income | 2,5 | 170.531 | 184.438 | 341.900 | 371.645 | ||
Total Deferred income | 170.531 | 184.438 | 341.900 | 371.645 | |||
Total current liabilities | 283.013 | 306.093 | 637.463 | 692.923 | |||
Total liabilities | 283.013 | 306.093 | 637.463 | 692.923 | |||
Equity | |||||||
Share capital | 1.162.236 | 1.304.242 | 1.067.380 | 1.201.199 | |||
Total share capital | 1.162.236 | 1.304.242 | 1.067.380 | 1.201.199 | |||
Statutory capital reserve | |||||||
Capital contribution reserves | 2,6 | 14.678.906 | 16.429.697 | 12.807.514 | 14.397.310 | ||
Other capital reserves | 222.564 | 248.159 | 164.166 | 184.999 | |||
Total legal capital reserves | - | -421.870 | - | -355.989 | |||
Total legal capital reserves | 14.901.470 | 16.255.986 | 12.971.680 | 14.226.320 | |||
Accumulated losses | |||||||
Statutory and resolution-based retained earnings (accumulated losses) | -4.441.068 | -4.989.480 | -3.390.184 | -3.820.400 | |||
Annual loss | -455.760 | -487.870 | -1.050.884 | -1.169.080 | |||
Total accumulated loss | -4.896.828 | -5.477.350 | -4.441.068 | -4.989.480 | |||
Treasury shares | 2,7 | -58.800 | -68.937 | -58.800 | -68.937 | ||
Total treasury shares | -58.800 | -68.937 | -58.800 | -68.937 | |||
Total equity | 11.108.078 | 12.013.942 | 9.539.192 | 10.369.102 | |||
Total liabilities | 11.391.091 | 12.320.035 | 10.176.655 | 11.062.025 | |||
* converted at | 1,0816 | EUR/CHF | |||||
**converted at | 1,0870 | EUR/CHF |
LION E-Mobility AG
6340 Baar
Income statement from 01.01.-31.12 | Appendix | 2020 | 2020 | 2019 | 2019 | |
* | ** | |||||
EUR | CHF | EUR | CHF | |||
Other operating income | 253.776 | 271.655 | - | - | ||
Total other operating income | 253.776 | 271.655 | - | - | ||
Salary expenses | ||||||
Other social security | 2.000 | 2.141 | 212 | 236 | ||
Total personnel expenses | 2.000 | 2.141 | 212 | 236 | ||
Other operating expenses | ||||||
Legal advice | 104.496 | 111.859 | 93.740 | 104.283 | ||
Management Consulting | 233.078 | 249.499 | 218.194 | 242.735 | ||
Accounting & Administration & Rent | 27.784 | 29.742 | 28.397 | 31.591 | ||
Stock exchange listing | 55.023 | 58.900 | 73.074 | 81.293 | ||
Board of Directors | 26.499 | 28.366 | 247.692 | 275.551 | ||
Tax consulting & auditing | 145.066 | 155.286 | 39.402 | 43.834 | ||
Other operating expenses | 117.706 | 125.999 | 249.269 | 277.305 | ||
Total other operating expenses | 2,9 | 709.652 | 759.649 | 949.768 | 1.056.591 | |
EBITDA | -457.876 | -490.135 | -949.980 | -1.056.827 | ||
Depreciation | ||||||
Depreciation of property, plant and equipment | 500 | 535 | 834 | 928 | ||
Total depreciation and amortization | 500 | 535 | 834 | 928 | ||
EBIT | -458.376 | -490.670 | -950.814 | -1.057.755 | ||
Financial expenses | 12.445 | 13.322 | 24.576 | 27.340 | ||
Financial income | 23.013 | 24.634 | 26.626 | 29.621 | ||
Financial result | 10.568 | 11.312 | 2.050 | 2.281 | ||
Non-operating, extraordinary expenses | 2,10 | - | - | 101.815 | 113.266 | |
Total non-operating, extraordinary | ||||||
expenses | - | - | 101.815 | 113.266 | ||
EBT | -447.808 | -479.358 | -1.050.579 | -1.168.741 | ||
Direct taxes | 7.952 | 8.512 | 305 | 339 | ||
Annual loss | -455.760 | -487.870 | -1.050.884 | -1.169.080 | ||
* converted at | 1,0705 | EUR/CHF | ||||
**converted at | 1,1124 | EUR/CHF |
LION E-Mobility AG
6340 Baar
Cash flow statement from 01.01. - 31.12. | 2020 | 2020 | 2019 | 2019 |
* | ** | |||
EUR | CHF | EUR | CHF | |
Loss | -455.760 | -487.870 | -1.050.884 | -1.169.080 |
"+/- Depreciation of financial assets and property, plant and equipment | 500 | 535 | 834 | 928 |
"+/- Net financial result | -10.568 | -11.312 | -2.050 | -2.281 |
"+/- Changes in other current receivables | 57.978 | 62.063 | 65.194 | 70.866 |
"+/- Changes in prepaid expenses | - | - | 21.599,00 | 23.478,00 |
"+/- Changes in trade accounts payable | -2.400 | -2.569 | -29.479 | -32.044 |
"+/- Change in current liabilities | -190.429 | -203.846 | 249.577 | 271.291 |
"+/- Changes in deferred income/accrued expenses | -171.698 | -183.795 | 119.674 | 130.085 |
"+/- Interest and expenses paid | 3.683 | 3.943 | -9.731 | -10.801 |
- | ||||
TOTAL CASH INFLOW/OUTFLOW FROM OPERATING ACTIVITIES | -768.692 | -822.850 | -635.267 | -717.559 |
- | ||||
Payment of capital reserves of associated companies | -2.091.286 | -2.238.625 | -3.709.787 | -4.032.539 |
Disbursement of loans to associated companies | 0 | - | -140.000 | -152.180 |
TOTAL CASH INFLOW/OUTFLOW FROM INVESTMENT ACTIVITY | -2.091.286 | -2.238.625 | -3.849.787 | -4.184.719 |
Proceeds from share capital | 94.856 | 101.539 | 181.386 | 202.772 |
Proceeds from capital reserve and change in reserve for exchange rate differences | 1.929.790 | 2.065.750 | 4.855.113 | 5.435.748 |
TOTAL CASH INFLOW/OUTFLOW FROM FINANCING ACTIVITIES | 2.024.646 | 2.167.289 | 5.036.499 | 5.638.520 |
Exchange rate effect | - | -17.776 | 102.323 | -61.745 |
NET CASH INFLOW | -835.333 | -911.961 | 653.768 | 674.497 |
Cash and cash equivalents at the beginning of the year | 1.559.758 | 1.695.457 | 905.990 | 1.020.960 |
Exchange rate differences on cash and cash equivalents | 555 | 594 | ||
Cash and cash equivalents at the end of the year | 723.870 | 782.901 | 1.559.758 | 1.695.457 |
Change in cash and cash equivalents | -835.333 | -911.961 | 653.768 | 674.497 |
Appendix of Lion E-Mobility AG, Baar, as of 31.12.2020
1. Disclosures on the accounting policies applied in the financial statements
These annual financial statements have been prepared in accordance with the provisions of Swiss law, in particular the articles on commercial accounting and accounting of the Code of Obligations (Art. 957 to 962 CO). The amounts included in the financial statements were rounded to whole euro (EUR) and Swiss franc (CHF). Any differences between the amounts shown in separate items of the annual accounts and sums, intermediate totals or amounts in the notes on the accounts are due to rounding.
The preparation of financial statements requires the Board of Directors to make estimates and judgments that could affect the reported amounts of assets and liabilities and contingent liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period. In each case, the Board of Directors decides at its own discretion on the utilization of existing write-downs, value adjustments and provisions more than what is operationally necessary within the framework of the principle of prudence.
As a consequence of the functional currency changeover on 1.1.2019, the annual financial statements in EUR have also been presented since the 2019 financial year, CHF values only serve as comparative values. The conversion of the annual financial statements from EUR to CHF took place as of 31.12.2020 as follows:
- Balance sheet items excl. equity with the FTA closing price as at 31.12.2020 of 1.0816 EUR/CHF (2019: 1.087 EUR/CHF),
- Profit and loss account with the FTA annual average rate of EUR 1,0705/CHF (2019: 1. 1124 EUR/CHF)
- Equity at historical prices
2. Information, breakdowns and explanatory notes on the balance sheet and profit and loss account items
2.1 | Participations | ||
Direct participation | 31.12.2020 | 31.12.2019 | |
Share of voting | Share of voting | ||
rights/capital in % | rights/capital in | ||
% | |||
Lion Smart GmbH, DE, Garching | 100,00 | 100,00 | |
LION E-Mobility North America, Inc., USA, Bronxville, | |||
New York | 100,00 | 100,00 | |
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LION E-Mobility AG published this content on 07 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2021 16:52:03 UTC.