Parx Materials N : Consolidated Annual Accounts Parx Plastics NV 2021

Name: Suzanne Kalkema

Date: 30-5-2022 13:38:03 CEST

ID: 0bfe9e48-30b8-4de5-b615-c9774a99fc59

Auth: SMS

Parx Materials N.V.

Statutory seat: Rotterdam

Consolidated annual accounts 2021

Chamber of Commerce file:	55993753
Date:	30 May 2022
Compiled by:	Suzanne Kalkema-Rademakers
Number of copies:	1

Parx Materials N.V.	Parx Materials N.V.
Statutory seat: Rotterdam	Statutory seat: Rotterdam
Table of contents	Table of contents

	page
Annual report
Assignment	3
Compilation report	4
Financial position	5
Graphical presentation balance sheet positions	6
Ratios	7
Financial Statements 2021
Consolidated annual accounts 2021
Consolidated balance sheet at 31 December 2021	8
Consolidated profit and loss account 2021	10
Notes and accounting policies for the consolidated financial statements	11
Consolidated balance sheet disclosures	14
Consolidated profit and loss account disclosures	18
Other information
Report of the Directors	21
Expert`s report	21

Parx Materials N.V. Attn. Mr M. van der Jagt Goudsesingel 96Unit 1.7 3011 KD ROTTERDAM

Rhoon, 30 May 2022

Dear Mr Van der Jagt

Hereby we report on the annual accounts 2021 of your company.

Introduction

Enclosed we offer you: the consolidated annual accounts 2021 of Parx Materials N.V., seated in Rotterdam, Goudsesingel 96Unit 1.7.

The financial statements 2021 consists of the consolidated annual accounts 2021 of the group companies, ie:

Parx Materials N.V.; Parx Plastics Europe B.V.; Parx Plastics Asia B.V..

After adoption and signing of the annual accounts, the necessary publications are to be deposited at the register of the Chamber of Commerce within 8 days.

General

The organization was founded as a public limited company on 4 September 2012, in particular, with the object of:

Manufacture of plastic, financial holding company and patent offices.

The public limited company has been registered at the Chamber of Commerce for Rotterdam under file 55993753 and is statutory seated in Rotterdam.

With regard to the taxes the public limited company is covered by the unit Belastinginspectie Rijnmond/kantoor Rotterdam and registered by fiscal number 851936064.

The VAT return is compiled by our office.

During the reporting period there were no employees.

The Board of Directors consists of:

Mr M. van der Jagt

Mr M. Fiori

The general meeting has adopted the annual accounts 2020, including the appropriation of result, on 3 June 2021 and therefore a discharge has been issued for the Board of Directors' policy.

Yours sincerely,

Van Driel Finance

Dennis van Driel	Assistant: Suzanne Kalkema-Rademakers
NOAB lid

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Parx Materials N.V.	Parx Materials N.V.
Statutory seat: Rotterdam	Statutory seat: Rotterdam
Annual report	Annual report
Compilation report

The financial statements of Parx Materials N.V. have been compiled by us using the information provided by you. The financial statements comprise the consolidated balance sheet as at 31 December 2021 and the consolidated profit and loss account for the year 2021 with the accompanying explanatory notes. These notes include a summary of accounting policies which have been applied.

In a compilation engagement, you are responsible for ensuring that you provide us with all relevant information and that this information is correct. Therefore, we have conducted our work, in accordance with the applicable regulations, on the assumption that you have fulfilled your responsibility.

We have performed this compilation engagement in accordance with Dutch law and in accordance with guidelines and work schedules that are based on the quality system NKS of the Netherlands Association of Administration and Tax Experts (NOAB). This means, among other things, that we have complied to the for us applicable regulations to the orders of the NOAB. You and other users of these financial statements may therefore assume that we have conducted the engagement in a professional, competent and objective manner and with due care and integrity and that we will treat all information provided to us as confidential.

The standard requires us to assist you in the preparation and presentation of the financial statements in accordance with Title 9 Book 2 of the Dutch Civil Code (BW). To this end we have applied our professional expertise in accounting and financial reporting.

In accordance with the professional standard applicable to compilation engagements, our procedures were limited primarily to gathering, processing, classifying and summarizing financial information for the financial statements. We have not performed any audit or review procedures which would enable us to express an opinion or a conclusion as to the fair presentation of the financial statements.

Rhoon, 30 May 2022

Van Driel Finance

Dennis van Driel	Assistant: Suzanne Kalkema-Rademakers
NOAB lid

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Parx Materials N.V.	Parx Materials N.V.
Statutory seat: Rotterdam	Statutory seat: Rotterdam
Annual report	Annual report
Financial position
( EUR )
	12/31/2021	12/31/2020
The movements in the financial year are as follows:
Available at short term
Cash and cash equivalents	19,507	270,100
Receivables	527,885	554,418
Inventories	66,280	83,659
Current liabilities		(522,771)		(401,798)
Working capital	90,901	506,379
Long-term
Intangible fixed assets	5,008,467	6,012,490
Property, plant and equipment	3,089	4,195
Financial fixed assets		50,802		50,802
Financed with long-term items	5,153,259	6,573,866
This investment was financed with:
Equity		5,153,259		6,573,866
	5,153,259	6,573,866

During 2021 the working capital has decreased by € 415,478 compared to 2020, which is specified as follows:

	2021
Increase current liabilities	(120,973)
Decrease inventories	(17,379)
Decrease receivables	(26,533)
Decrease cash and cash equivalents	(250,593)
	(415,478)

During 2021 the cash and cash equivalents decreased by € 250,593 compared to 2020.

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