Catom Annual Report 2023 EN
A provision for bad debts has been recognised amounting to € 283,316 ( € 43,936 at year-end 2022), which has been deducted from the trade receivables balance.
6. Cash and cash equivalents
The cash and cash equivalents as at 31 December 2023 are at the company’s free disposal.
7. Group equity
The group equity is explained in detail in the notes to the balance sheet in the company financial statements.
7.1. Breakdown of the total Group result The total result of the Group is broken down as follows: €
2023
2022
Consolidated net result after taxes
7,435,578
13,992,537
Realised revaluation taken to shareholders’ equity
8,644,510
11,214,297
Adjustment of present value of deferred tax
212,283
107,147
liability on revaluation
Total of the movements taken directly to the Group’s
8,856,793
11,321,444
shareholders’ equity
Total Group result
16,292,371
25,313,981
8. Provisions €
31-12-2023 31-12-2022
Deferred tax liability
7,020,882
6,152,927
Other provisions
90,513
807,506
7,111,394
6,960,433
The provision for deferred tax liabilities is primarily of a long-term nature.
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