Reporting 2020

Annual Financial Statements
BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877-

The annual financial statements and management report of BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877-, Bremen, for the 2020 financial year have been prepared in accordance with the provisions of German commercial law and issued an unqualified auditor’s report by our auditor, PricewaterhouseCoopers GmbH, Wirtschaftsprüfungsgesellschaft, Bremen. The information presented below is partly in condensed form.

Income Statement

EUR thousand 2020 2019
     
1. Remuneration of BLG LOGISTICS GROUP AG & Co. KG 1,303 1,826
2. Other operating income 7,888 6,191
  9,191 8,017
3. Personnel expenses    
a) Wages and salaries ­-2,631 ­-4,483
b) Social security, post-employment and other employee benefit costs ­-4,274 ­-1,226
  ­-6,905 ­-5,709
4. Other operating expenses ­-1,566 ­-1,206
5. Other interest and similar income 673 679
6. Interest and similar expenses ­-44 ­-32
7. Taxes on income
of which from the recognition of deferred tax assets EUR
 587,000 (previous year: EUR 104,000)
­-232 ­-295
8. Earnings after taxes/net income for the year 1,117 1,454
9. Transfers to (previous year: withdrawals from) other revenue reserves 0 82
10. Net retained profits 1,117 1,536

Balance Sheet

EUR thousand
Assets
12/31/2020 12/31/2019
     
A. Current assets    
I. Receivables and other assets    
1. Receivables from affiliated companies 24,733 24,621
2. Receivables from other long-term investees and investors 861 61
3. Other assets 0 1
  25,594 24,683
II. Bank balances 21 20
  25,615 24,703
B. Deferred tax assets 994 407
  26,609 25,110
EUR thousand­
Equity and Liabilities
12/31/2020 12/31/2019
     
A. Equity    
I. Subscribed capital 9,984 9,984
II. Revenue reserves    
1. Legal reserve 998 998
2. Other revenue reserves 8,424 8,424
  9,422 9,422
III. Net retained profits 1,117 1,536
  20,523 20,942
B. Provisions    
1. Provisions for pensions and similar obligations 4,293 1,172
2. Provisions for taxes 540 60
3. Other provisions 724 2,781
  5,557 4,013
C. Liabilities    
1. Trade payables 66 4
2. Other liabilities 463 151
  529 155
  26,609 25,110