Balance Sheet

Current Liabilities	33.1m
Accounts Payable	949k
Accrued Liabilities	1.1m
Short-Term Debt	21.6m
Other Current Liabilities	9.5m
Non-Current Liabilities	684.5m
Long-Term Debt	638.3m
Other Non-Current Liabilities	46.2m

Currency: CHF

	Dec-2014	Dec-2015	Dec-2016	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022	Dec-2023
Assets
Cash & Cash Equivalents	2	2	1	2	2	2	2	9	1	2
Cash Equivalents	2	2	1	2	2	2	2	9	1	2
Total Receivables	2	2	3	4	5	4	5	4	5	6
Accounts Receivables	2	2	3	4	5	4	5	4	5	6
Other Receivables	0	0	0	0	0	0	0	0	0	0
Other Current Assets	0	0	0	0	0	0	2	2	2	2
Total Current Assets	4	5	4	6	7	6	9	15	8	10
PP&E Net	13	26	41	18	44	68	44	26	26	70
Long-Term Investments	337	375	450	575	705	841	948	1 073	1 190	1 135
Other Long-Term Assets	0	0	0	0	1	1	0	0	0	2
Total Assets	354 N/A	406 +15%	495 +22%	599 +21%	756 +26%	916 +21%	1 001 +9%	1 114 +11%	1 225 +10%	1 216 -1%
Liabilities
Accounts Payable	3	4	2	9	2	1	1	2	1	1
Accrued Liabilities	1	1	1	1	1	3	1	1	2	1
Short-Term Debt	0	0	0	0	0	5	12	8	13	22
Current Portion of Long-Term Debt	4	1	7	5	1	1	1	1	1	0
Other Current Liabilities	3	3	3	5	6	6	7	8	8	9
Total Current Liabilities	10	8	13	19	11	16	22	19	24	33
Long-Term Debt	189	198	270	292	355	491	550	556	652	638
Deferred Income Tax	5	8	11	15	21	26	32	38	42	46
Other Liabilities	0	0	0	0	0	0	0	0	0	0
Total Liabilities	204 N/A	214 +5%	295 +38%	326 +11%	387 +19%	533 +38%	603 +13%	613 +2%	718 +17%	718 0%
Equity
Common Stock	68	85	85	114	149	150	150	180	180	180
Retained Earnings	81	107	115	160	221	233	247	321	326	318
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Other Equity	0	0	0	0	0	0	0	0	0	0
Total Equity	150 N/A	192 +28%	201 +4%	273 +36%	369 +35%	383 +4%	397 +4%	501 +26%	507 +1%	498 -2%
Total Liabilities & Equity	354 N/A	406 +15%	495 +22%	599 +21%	756 +26%	916 +21%	1 001 +9%	1 114 +11%	1 225 +10%	1 216 -1%
Shares Outstanding
Common Shares Outstanding	11	14	14	19	25	25	25	30	30	30

Fundamenta Real Estate AG
SIX:FREN