42 JA EUROPE CONSOLIDATED FINANCIAL STATEMENTS 30 June 2018, in EUR ASSETS FIXED ASSETS I. Formation expenses II. Intangible fixed assets III. Tangible fixed assets A. Land and buildings B. Equipment C. Material D. Leased fixed assets E/F. Other fixed assets IV. Financial fixed assets CURRENT ASSETS V. Long term A. Account receivables B. Other VI. Inventories VII. Short term (Contribution Agreements, invoices, etc) A. Account receivables B. Other VIII. Short term financial investments IX. Cash and Bank X. Deferred charges and accrued income Total Assets 5,674,946 1,674,687 1,674,687 72,556 1,189,510 891,910 297,600 3,725 985,434 1,749,034 5,756,279 4,247,950 192,173 192,173 24,375 2,237,411 1,944,831 292,580 3,725 855,141 935,125 4,312,354 2017-2018 2016-2017 64,405 22,759 34,252 11,031 23,221 7,393 81,333 33,367 40,579 8,416 32,164 7,387 LIABILITIES 2017-2018 2016-2017 EQUITY I. Funds A. Starting Capital (accumulated results previous years) B. Permanent Means III. Revaluation Surplus IV. Restricted Funds V. A. Accumulated results (positive) B. Accumulated results (negative) VI. Investment grants 203,705 100,689 100,689 103,016 - 41,445 100,689 100,689 11,942 -71,186 PROVISIONS DEBTS VIII. Long term A. Due to banks B/C. Long term payables IX. Short term A. Current portion of long term debts B. Due to banks C/D. Accounts payable E. Wages, taxes and Social Security F. Other X. Accrued charges and deferred income Total Liabilities - 4,108,649 264,903 264,903 2,210,617 - 697,367 135,064 1,378,186 1,633,129 4,312,354 - 5,714,834 1,070,864 1,070,864 1,706,552 - 421,929 62,244 1,222,378 2,937,419 5,756,279 BALANCE SHEET MORE ABOUT JA EUROPE FINANCIAL STATEMENTS