Table 2.

Longitudinal analysis of Officine Culturali balance sheet

Balance sheet assets31/12/202231/12/202131/12/2020
B) Fixed assets   
I - Intangible fixed assets€ 32.008,00€ 36.773,00€ 1.221
II - Tangible fixed assets€ 5.810,00€ 574,00€ 7.703
III - Financial fixed assets€ 133,00€ 133,00€ 100
Total fixed assets (B)€ 37.951,00€ 37.480,00€ 9.024
C) Current assets   
II - Receivables   
Due by the following financial year€ 64.013,00€ 18.959,00€ 16.763
Total receivables€ 64.013,00€ 18.959,00€ 16.763
IV - Cash and cash equivalents€ 202.201,00€ 91.908,00€ 87.539
Total current assets (C)€ 266.214,00€ 110.867,00€ 104.302
D) Accruals and prepayments€ 1.221,00€ 0,00€ 670
Total balance sheet assets€ 305.386,00€ 148.347,00€ 113.996
Balance sheet liabilities and net equity31/12/202231/12/202131/12/2020
A) Net equity   
V - Statutory reserves€ 10.296,00€ 10.296,00 
VI - Other reserves(€ 1,00)€ 1,00€ 9.301
VIII - Retained earnings (losses)€ 20.187,00€ 0,00 
IX - Current earnings (losses)€ 21.937,00€ 20.187,00€ 996
Total net equity€ 52.419,00€ 30.484,00€ 10.297
B) Provisions€ 45.081,00€ 0,00 
C) Employees’ termination benefits provision€ 55.259,00€ 43.685,00€ 36.788
D) Payables   
Due by the following financial year€ 152.516,00€ 47.232,00€ 9.903
Total payables (D)€ 152.516,00€ 47.232,00€ 53.807
E) Accruals and deferrals€ 111,00€ 26.946,00€ 13.104
Total balance sheet liabilities and net equity€ 305.386,00€ 148.347,00€ 113.996
Source: Authors’ elaboration

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