Statement of Financial Position

(All amounts in EUR 000's) December 31, 2013
  2013 Restated 2012
Assets
Current assets
Cash 3,851 2,702
Term deposit 179 429
Prepaid expenses and accrued income 235 201
Receivables 2,769 3,120
Total current assets 7,034 6,452
Fixed assets, net, restated 6,574 6,790
Total assets 13,608 13,242
Liabilities and Fund Balances
Current liabilities
Accounts payable and accruals 400 270
Interest-bearing loans and borrowings 1,500 1,400
Deferred revenue, restated 8,283 7,517
Grants payable 674 143
Total current liabilities 10,857 9,330
Long-term liabilities (provision) - -
Fund balance 2,751 3,912
Total liabilities and fund balances 13,608 13,242