Statement of Financial Position

(All amounts in EUR 1,000) December 31, 2012
  2012 Restated 2011
Assets
Current assets
Cash 2,702 1,356
Term deposit 429 3,919
Prepaid expenses and accrued income 201 153
Receivables 3,120 2,770
Total current assets 6,452 8,198
Fixed assets, net, restated 6,790 3,065
Total assets 13,242 11,263
Liabilities and Fund Balances
Current liabilities
Accounts payable and accruals 270 776
Interest-bearing loans and borrowings 1,400 1,200
Deferred revenue, restated 7,517 8,857
Grants payable 143 68
Total current liabilities 9,330 10,901
Long-term liabilities (provision) - 50
Fund balance 3,912 312
Total liabilities and fund balances 13,242 11,263

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