Annual Report - Sens
Annual Report - Sens
Annual Report - Sens
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SENS balance sheet<br />
Comments<br />
Securities: these are stock-market-listed bonds issued by Swiss companies and public bodies.<br />
Loan to SENS International: in the year under review, the loan attracted interest at 2.18 per cent.<br />
Liabilities to third parties: these are current, short-term liabilities.<br />
Deferred liabilities: the services provided by collection points, transport and recycling companies for the year of<br />
the report, which have not yet been invoiced, are recorded here as deferred.<br />
1) Yield on assets on SENS reserves<br />
In consultation with the auditors, the yield on assets from the SENS reserves has been posted directly as an<br />
increase in equity.<br />
Balance sheet<br />
Assets 31 / 12 / 2011 31 / 12 / 2010<br />
Operating assets in CHF in CHF<br />
Cash and cash equivalents 9,633,333 3,103,102<br />
Debts due 1,857,049 3,301,317<br />
Accrued and deferred income 3,381,984 552,780<br />
Total operating assets 14,872,366 6,957,199<br />
Fixed assets<br />
Office equipment / equipment 40,000 38,000<br />
Vehicles 11,000 22,000<br />
Securities 34,902,177 37,417,570<br />
Loans to SENS International 1,200,000 1,200,000<br />
Total fixed assets 36,153,177 38,677,570<br />
Total assets 51,025,543 45,634,769<br />
Liabilities<br />
Borrowed capital<br />
Liabilities to third parties 459,244 1,541,349<br />
Accrued and deferred liabilities 9,478,504 3,118,257<br />
Recycling funds<br />
ARF fund for SENS appliances 37,917,211 37,869,311<br />
ARF fund for toys and games 1,876,694 1,833,339<br />
Total borrowed capital 49,731,653 44,362,257<br />
Equity<br />
Foundation capital 320,000 320,000<br />
SENS reserves as of 31 / 12 952,512 1,031,042<br />
SENS anniversary – – 102,217<br />
Yield on assets on SENS reserves1) 21,378 23,687<br />
Total equity 1,293,890 1,272,512<br />
Total liabilities 51,025,543 45,634,769<br />
SENS <strong>Annual</strong> <strong>Report</strong> 2011 39