Statement of financial position
Before appropriation of result, all amounts in € thousands
As at 31 December | Note | 2016 | 2015 |
Assets | | | |
Non-current assets | | | |
Investment property | 11 | 168,967 | 142,459 |
Investment property under construction | 12 | 16,269 | 4,360 |
| | | 185,236 | 146,819 |
Current assets | | | |
Trade and other current receivables | 13 | 246 | 1,560 |
Cash and cash equivalents | 14 | 5,385 | 933 |
| | | 5,631 | 2,493 |
| | | | |
Total assets | | 190,867 | 149,312 |
| | | | |
Equity and liabilities | | | |
Equity attributable to the owners of the Fund | | | |
Issued capital | | 25,000 | 45 |
Share premium | | 148,651 | 143,606 |
Revaluation reserve | | 12,907 | 1,296 |
Retained earnings | | (17,996) | (8,562) |
Net result for the year | | 20,670 | 11,538 |
Total equity | 15 | 189,232 | 147,923 |
| | | | |
Current liabilities | | | |
Trade and other payables | 16 | 1,635 | 1,389 |
Total liabilities | | 1,635 | 1,389 |
| | | | |
Total equity and liabilities | | 190,867 | 149,312 |