Statement of Financial Position

(All amounts in EUR 000's) December 31, 2014
  2014 2013
Assets
Current assets
Cash 3,312 3,851
Term deposit 478 179
Prepaid expenses and accrued income 327 235
Receivables 2,594 2,769
Total current assets 6,711 7,034
Fixed assets, net, restated 6,406 6,574
Total assets 13,117 13,608
Liabilities and Fund Balances
Current liabilities
Accounts payable and accruals 241 400
Interest-bearing loans and borrowings 1,400 1,500
Deferred revenue, restated 8,707 8,283
Grants payable 808 674
Total current liabilities 11,156 10,857
Long-term liabilities (provision) - -
Fund balance 1,961 2,751
Total liabilities and fund balances 13,117 13,608