176
CONSOLIDATED FINANCIAL STATEMENTS
11. OTHER NON-CURRENT ASSETS
The details on other non-current assets on 31 Decem-
ber 2013 and 2012 are as follows:
Dec-13
Dec-12
Clients and other
debtors
(1)
1,632,344 1,604,632
Other non-current
assets
1,632,344 1,604,632
Accumulated
impairment losses
-
-
1,632,344 1,604,632
(1) mainly Spain subsidiaries long term deposits and bails and also
franchising debts concerning fixed assets lent in subsidiary Vidisco,
with a payment agreement. At the end of the year 2013 the amount
in debt is of 128 monthly fees of 5.942 euros each, which bear
interest of 6.25%, the last payment is on 31st August, 2024.
12. STOCKS
On 31 December 2013 and 2012, stocks were broken
down as follows:
Dec-13
Dec-12
Raw material and
consumables
4,991,027 3,500,520
Merchandise
115,656
94,249
5,106,683 3,594,769
Accumulated
impairment losses
74,981
74,981
Net stocks
5,031,702 3,519,788
The increase in the value of stocks is essentially the re-
sult of the need to supply restaurants in Angola.
13. CASH AND CASH EQUIVALENTS
On 31st December 2013 and 2012, cash and cash equiv-
alents are broken as follows:
Dec-13
Dec-12
Cash
587,098
614,184
Bank deposits
21,578,781 17,583,881
Treasury applications
906 8,550,725
Cash and bank
deposits in the
balance sheet
22,166,785 26,748,790
Bank overdrafts
-833,014
-834,765
Cash and cash
equivalents in the
cash flow statement
21,333,771 25,914,025
Bank overdrafts include the creditor balances of cur-
rent accounts with financial institutions, included in
the consolidated statement of financial position in the
“bank loans” item (Note 16).
