voxeljet AG Reports Financial Results for Q3 2014

No impairment of non-financial assets was recorded in the nine-month period ended September 30, 2014.

In the first nine months of 2014, the Group early terminated three sale and leaseback transactions. As a result of the early terminations, kEUR 694 of liabilities were extinguished, kEUR 401 of deferred income was recognized as other operating income, and kEUR 47 of extinguishment loss was recognized in finance expense.

In the first nine months of 2013, the Group entered into sale and leaseback transactions for four self-produced 3D printers with a total value of kEUR 1,900. Related manufacturing costs were kEUR 851. The gain of kEUR 1,049 was deferred and is amortized over the respective lease term. No sale and leaseback transactions occurred in the first nine months of 2014.

Leases of 3D printers are non-cash transactions for purposes of the consolidated statement of cash flows.

6. Financial instruments

The fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

The fair values and carrying amounts of financial assets categorized as loans and receivables and available for sale securities for the considered reporting periods were as follows:

                 

09/30/2014

12/31/2013

carrying
amount

 

 

fair value

carrying
amount

 

  fair value
Thousands of Euros        
Loans and receivables
Cash and cash equivalents 10,217 10,217 33,459 33,459
Trade receivables 1,476 1,476 1,003 1,003
Financial assets 1,692 1,689 2,305 2,287
Available for sale
Financial assets 44,997 44,997 - -
 
Total 58,382 58,379 36,767 36,749

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise