Balance Sheet 2012

Balance sheet information

As the expenditure was higher than the income, NETZ had to dissolve its reserve fund. At the end of the year there were short-term liabilities of €32,500 for income tax, social security contributions and expenditures in January. The liquid funds amounted to €152,000 at the end of the year. The balance of €126,000 was earmarked for transfer to ongoing projects in Bangladesh.


Dagmar Schwarze-Fiedler

Phone: 0 (049) 64 41 - 9 74 63-10