Compared with 31 December 2012, the KION Group’s current assets had risen sharply, by € 741.9 million, as a result of the capital increases during the IPO. Cash and cash equivalents included the par value of the proceeds of the IPO that had been received as at 30 June 2013, which amounted to € 30.9 million. The share premium arising from the placement of the new shares and the € 710.9 million capital increase from Weichai was reported in Other current assets.
By contrast, there was very little change in non-current assets. The modest rise in long-term leased assets and lease receivables was attributable to the growth in business in the Financial Services segment. >> TABLE 12
|
Condensed balance sheet, assets* |
>>TABLE 12 | ||||||
|
in € million |
30/06/2013 |
in % |
31/12/2012 |
in % |
Change | ||
| |||||||
|
|
|
|
|
|
| ||
|
Non-current assets |
4,256.9 |
61.0 % |
4,231.0 |
68.1 % |
0.6 % | ||
|
thereof: |
|
|
|
|
| ||
|
Goodwill |
1,470.8 |
21.1 % |
1,473.2 |
23.7 % |
-0.2 % | ||
|
Brand names |
593.9 |
8.5 % |
593.9 |
9.6 % |
0.0 % | ||
|
Deferred tax assets |
286.9 |
4.1 % |
264.9 |
4.3 % |
8.3 % | ||
|
Leased assets |
206.8 |
3.0 % |
191.3 |
3.1 % |
8.1 % | ||
|
Rental assets |
397.0 |
5.7 % |
395.1 |
6.4 % |
0.5 % | ||
|
Lease receivables |
281.5 |
4.0 % |
267.1 |
4.3 % |
5.4 % | ||
|
|
|
|
|
|
| ||
|
Current assets |
2,724.1 |
39.0 % |
1,982.2 |
31.9 % |
37.4 % | ||
|
thereof: |
|
|
|
|
| ||
|
Inventories |
583.0 |
8.4 % |
549.9 |
8.9 % |
6.0 % | ||
|
Trade receivables |
642.6 |
9.2 % |
625.5 |
10.1 % |
2.7 % | ||
|
Lease receivables |
134.4 |
1.9 % |
132.1 |
2.1 % |
1.7 % | ||
|
Other current assets |
838.2 |
12.0 % |
106.8 |
1.7 % |
>100.0 % | ||
|
Cash |
517.7 |
7.4 % |
562.4 |
9.1 % |
-7.9 % | ||
|
|
|
|
|
|
| ||
|
Total assets |
6,981.0 |
|
6,213.2 |
|
12.4 % | ||