As at 30 June 2019, total assets amounted to EUR 500,071 thousand, representing an increase of EUR 14,459 thousand as compared to 30 June 2018.
Non-current assets increased by EUR 20,310 thousand as follows:
The rise in intangible assets is due primarily to additions amounting to EUR 132,174 thousand (of which EUR 130,435 thousand in player registrations), which were partly offset by disposals of EUR 16,822 thousand as well as amortisation and write-downs of EUR 71,984 thousand.
Property, plant and equipment increased by EUR 16,730 thousand. The additions were offset by EUR 599 thousand in disposals and EUR 12,823 thousand in depreciation. The additions were attributable mainly to the investments to expand the training ground and in the stadium. Furthermore, the initial application of IFRS 16 resulted in additions of EUR 6,292 thousand to property, plant and equipment.
|
30/06/2019 |
30/06/2018 * |
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|---|---|---|---|---|---|---|---|---|---|---|
|
EUR '000 |
in % |
EUR '000 |
in % |
||||||
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|
|
|
|
|
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ASSETS |
|
|
|
|
||||||
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|
|
|
|
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Non-current assets |
|
|
|
|
||||||
Intangible assets |
163,710 |
32.7 |
120,342 |
24.8 |
||||||
Property, plant and equipment |
184,001 |
36.8 |
180,693 |
37.2 |
||||||
Investments accounted for using the equity method |
322 |
0.1 |
309 |
0.1 |
||||||
Financial assets |
52 |
0.0 |
71 |
0.0 |
||||||
Trade and other financial receivables |
9,743 |
1.9 |
39,653 |
8.2 |
||||||
Deferred tax assets |
0 |
0.0 |
0 |
0.0 |
||||||
Prepaid expenses |
13,887 |
2.8 |
10,337 |
2.1 |
||||||
|
371,715 |
74.3 |
351,405 |
72.4 |
||||||
|
|
|
|
|
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Current assets |
|
|
|
|
||||||
Inventories |
4,569 |
0.9 |
5,588 |
1.1 |
||||||
Trade and other financial receivables |
30,061 |
6.1 |
22,981 |
4.7 |
||||||
Tax assets |
1,801 |
0.3 |
645 |
0.1 |
||||||
Cash and cash equivalents |
55,865 |
11.2 |
59,464 |
12.3 |
||||||
Prepaid expenses |
15,026 |
3.0 |
14,457 |
3.0 |
||||||
Assets held for sale |
21,034 |
4.2 |
31,072 |
6.4 |
||||||
|
128,356 |
25.7 |
134,207 |
27.6 |
||||||
|
500,071 |
100.0 |
485,612 |
100.0 |
||||||
Non-current trade and other financial receivables fell from EUR 39,653 thousand to EUR 9,743 thousand due to payments received for transfer receivables.
Current assets declined by EUR 5,851 thousand, which was due mainly to the reclassification to held-for-sale assets amounting to EUR 21,034 thousand (previous year: EUR 31,072 thousand) and cash and cash equivalents (decrease of EUR 3,599 thousand).
Trade and other financial receivables increased by EUR 7,080 thousand. This rise was due chiefly to higher receivables from transfer deals.
Inventories declined by EUR 1,019 thousand year on year.
Prepaid expenses amounted to EUR 28,913 thousand, up EUR 4,119 thousand as compared with 30 June 2018. This is attributable primarily to deferred salary payments.
|
30/06/2019 |
30/06/2018 * |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|
EUR '000 |
in % |
EUR '000 |
in % |
||||||
|
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EQUITY AND LIABILITIES |
|
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Equity |
|
|
|
|
||||||
Subscribed capital |
92,000 |
18.4 |
92,000 |
19.0 |
||||||
Reserves |
263,032 |
52.6 |
251,698 |
51.8 |
||||||
Treasury shares |
-113 |
0.0 |
-113 |
0.0 |
||||||
Equity attributable to the owners of the parent company |
354,919 |
71.0 |
343,585 |
70.8 |
||||||
|
|
|
|
|
||||||
Non-current liabilities |
|
|
|
|
||||||
Lease liabilities |
8,381 |
1.7 |
6,726 |
1.4 |
||||||
Trade payables |
1,500 |
0.3 |
9,724 |
2.0 |
||||||
Other financial liabilities |
7,204 |
1.4 |
2,550 |
0.5 |
||||||
Deferred income |
0 |
0.0 |
4,001 |
0.8 |
||||||
|
17,085 |
3.4 |
23,001 |
4.7 |
||||||
|
|
|
|
|
||||||
Current liabilities |
|
|
|
|
||||||
Provisions |
1,671 |
0.3 |
1,146 |
0.2 |
||||||
Lease liabilities |
3,127 |
0.6 |
1,969 |
0.4 |
||||||
Trade payables |
60,650 |
12.1 |
54,597 |
11.3 |
||||||
Other financial liabilities |
33,655 |
6.7 |
34,659 |
7.1 |
||||||
Deferred tax liabilities |
2,679 |
0.6 |
0 |
0.0 |
||||||
Tax liabilities |
811 |
0.2 |
1,962 |
0.4 |
||||||
Deferred income |
25,474 |
5.1 |
24,693 |
5.1 |
||||||
|
128,067 |
25.6 |
119,026 |
24.5 |
||||||
|
500,071 |
100.0 |
485,612 |
100.0 |
||||||
As at 30 June 2019, Borussia Dortmund's equity amounted to EUR 354,919 thousand. This corresponds to an equity ratio of 70.97% (previous year: 70.75%). Subscribed capital remained level at EUR 92,000 thousand.
Changes in current and non-current liabilities were as follows:
Borussia Dortmund reported liabilities of EUR 145,152 thousand as at 30 June 2019. These increased by EUR 3,125 thousand from EUR 142,027 thousand as at the previous year's reporting date. Changes in total current and non-current liabilities were as follows:
Provisions increased by EUR 525 thousand to EUR 1,671 thousand. The increase was based on a reassessment of the risks and accrued interest.
Lease liabilities amounted to EUR 11,508 thousand as at 30 June 2019. The effect from the initial application of IFRS 16 amounted to EUR 6,094 thousand. Repayments of lease liabilities in the financial year ended amounted to EUR 3,281 thousand.
Non-current trade payables decreased by EUR 8,224 thousand as compared to 30 June 2018. This was due primarily to lower liabilities from transfer deals. Current trade payables increased by EUR 6,053 thousand.
Other financial liabilities increased by EUR 3,650 thousand to EUR 40,859 thousand, attributable primarily to personnel-related liabilities not yet due.
Tax liabilities amounted to EUR 811 thousand (previous year: EUR 1,962 thousand).
Deferred tax liabilities amounted to EUR 2,679 thousand (previous year: EUR 0 thousand).
Deferred income decreased by a total of EUR 3,220 thousand due in particular to the recognition of the agency licencing agreement with Lagardère Sports Germany GmbH (formerly SPORTFIVE GmbH & Co. KG).