ADVAL TECH HOLDING AG INTERIM

Statement of Financial Position

CONSOLIDATED BALANCE SHEET CHF 1,000 Notes 6/30/2019 12/31/2018 Liquid assets 21,560 27,488 Trade accounts receivable 5 26,794 27,629 Other receivables 6 4,470 5,254 Advanced payments to suppliers 7 2,429 1,222 Inventories and work in progress 8 39,715 37,594 Fixed assets held for sale 1,823 1,051 Total current assets 96,791 100,238 Tangible fixed assets 69,129 70,666 Financial assets 9 3,811 3,702 Intangible assets 3,430 3,860 Deferred tax assets 1,071 1,119 Total fixed assets 77,441 79,347 Total assets 174,232 179,585 Trade accounts payable 10 10,587 18,642 Short-term interest-bearing liabilities 11 711 898 Other short-term liabilities 12 12,406 16,690 Prepaid income and accrued expenses 13 20,428 13,551 Short-term provisions 620 1,260 Accrued current income taxes 1,083 356 Total short-term liabilities 45,835 51,397 Long-term interest-bearing liabilities 11 1,024 859 Long-term provisions 1,959 2,108 Deferred tax liability 1,686 1,696 Total long-term liabilities 4,669 4,663 Total liabilities 50,504 56,060 Share capital 14,600 14,600 Capital reserves 94,646 97,710 Treasury shares -17 0 Goodwill offset -58,665 -58,665 Translation differences -2,095 -1,136 Retained earnings 75,259 71,016 Total shareholders’ equity 123,728 123,525 Total liabilities and shareholders’ equity 174,232 179,585 The attached explanatory notes are part of the consolidated semi-annual financial statements of the Adval Tech Group. ADVAL TECH SEMI-ANNUAL REPORT 2019 9 AT_HJB_EN_190829_lg.indd 9 29.08.19 10:18