Kinepolis Annual Report 2014

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Condensed financial statements of
Kinepolis Group NV
The following information is an extract from the
unconsolidated financial statements of Kinepolis
Group NV, drawn up in accordance with the Belgian
accounting principles. These unconsolidated financial
statements, together with the management report to
the General Shareholders’ Meeting and the Auditor’s
report, will be filed with the National Bank of Belgium
within the legal deadline.
appropriate to present only a condensed unconsolidated
balance sheet and income statement, prepared according
to the Belgian accounting principles for the year ended
31 December 2014.
The statutory auditor’s report on these statements is
unqualified and confirms that the unconsolidated financial
statements of Kinepolis Group NV, prepared in accord-
ance with Belgian accounting principles for the year
ending 31 December 2014, give a true and fair view of the
financial position of Kinepolis Group NV in accordance
with all legal and regulatory provisions.
The unconsolidated financial statements of Kinepolis
Group NV can be obtained free of charge from the
website of the Nationale Bank van België ),
in section “Balanscentrale”, subsection “Jaarrekeningen
raadplegen” or requested free of charge from Investor
Relations.
CONDENSED UNCONSOLIDATED BALANCE SHEET OF KINEPOLIS GROUP NV
IN ’000 € 2013 2014
Non-current assets 243 325 267 427
Intangible assets 2 331 1 466
Property, plant and equipment 9 002 10 260
Financial fixed assets 231 992 255 701
Current assets 35 147 36 482
TOTAL ASSETS 278 472 303 909
Equity 64 420 66 944
Issued capital 18 952 18 952
Share premium 1 154 1 154
Legal reserve 4 896 1 895
Unavailable reserves 7 616 9 364
Available reserves 4 049 7 050
Profit carried forward 27 753 28 529
Provisions and deferred taxes 327 337
Non-current loans and borrowings 159 131 148 430
Current loans and borrowings 49 256 82 862
Accrued charges and deferred income 5 338 5 336
TOTAL EQUITY AND LIABILITIES 278 472 303 909
It should be noted that only the consolidated financial
statements as presented above give a true and fair view of
the financial position and performance of Kinepolis Group.
Since Kinepolis Group NV is essentially a holding company
that accounts for its investments at cost in its unconsoli-
dated statements, these separate financial statements only
give a limited view of the financial position of Kinepolis
Group NV. Therefore the Board of Directors has deemed it
108 05 / FINANCIAL REPORT KINEPOLIS GROUP ANNUAL REPORT 2014