The carrying and fair values of financial instruments that are not carried at fair value in the financial statements was as follows at December 31, for current and comparative year-ends:
| As of December 31, 2017 | ||||||||
|
(€‘000) |
Loans and receivables | Fair value | ||||||
|
Assets as per balance sheet |
||||||||
|
Deposits |
273 | 273 | ||||||
|
Trade and other receivables |
2,905 | 2,905 | ||||||
|
Other current assets |
744 | 744 | ||||||
|
Short-term investments |
10,653 | 10,653 | ||||||
|
Cash and cash equivalents |
23,253 | 23,253 | ||||||
|
|
|
|
|
|||||
|
Total |
37,828 | 37,828 | ||||||
|
|
|
|
|
|||||
For the above-mentioned financial assets, the carrying amount as per December 31, 2017 is a reasonable approximation of their fair value.
| As of December 31, 2017 | ||||||||
|
(€‘000) |
Financial liabilities at amortised cost |
Fair value | ||||||
|
Liabilities as per balance sheet |
||||||||
|
Bank loans |
536 | 536 | ||||||
|
Finance lease liabilities |
909 | 909 | ||||||
|
RCAs liability |
1,770 | 1,770 | ||||||
|
Trade payables and other current liabilities |
7,083 | 7,083 | ||||||
|
|
|
|
|
|||||
|
Total |
10,298 | 10,298 | ||||||
|
|
|
|
|
|||||
For the above-mentioned financial liabilities, the carrying amount as per December 31, 2017 is a reasonable approximation of their fair value.
| As of December 31, 2016 | ||||||||
|
(€‘000) |
Loans and receivables | Fair value | ||||||
|
Assets as per balance sheet |
||||||||
|
Deposits |
311 | 311 | ||||||
|
Trade and other receivables |
1,359 | 1,359 | ||||||
|
Other current assets |
1,420 | 1,420 | ||||||
|
Short term investment |
34,230 | 34,230 | ||||||
|
Cash and cash equivalents |
48,357 | 48,357 | ||||||
|
|
|
|
|
|||||
|
Total |
85,677 | 85,677 | ||||||
|
|
|
|
|
|||||
For the above-mentioned financial assets, the carrying amount as per December 31, 2016 is a reasonable approximation of their fair value.
| As of December 31, 2016 | ||||||||
|
(€‘000) |
Financial liabilities at amortized cost |
Fair value | ||||||
|
Liabilities as per balance sheet |
||||||||
|
Bank loans |
742 | 742 | ||||||
|
Finance lease liabilities |
735 | 735 | ||||||
|
RCAs liability |
8,438 | 8,438 | ||||||
|
Trade payables and other current liabilities |
9,606 | 9,606 | ||||||
|
|
|
|
|
|||||
|
Total |
19,521 | 19,521 | ||||||
|
|
|
|
|
|||||