infin-innovative.com/images/temp/...onsolidated_FS_2016-06.pdf
In '000 CHF
Cash and cash equivalents 21 91,7
Accumulated deficit -12'725,4
Total equity -2'002,4
Net profit or loss for the period -1'462,8
Considering the purchase price for the sold assets, the Company should have sufficient liquidity for the foreseeable future, at least for the next 6 – 12 month.
Parent and ultimate controlling party
According to the knowledge of the Company, the main shareholders as of 30 June 2016 were as follows (based on 12’601’800 shares):
SPP Capital AG: 52,4%
Foresight Foundation: 17,7%
Freefloat (<5% shareholdings): 29,9%
Based on current shareholdings, the Group’s parent entity SPP Capital AG, Balzers, Liechtenstein, and with that as the Group’s ultimate parent and ultimate controlling party Bluestar Capital Trust, Balzers, Liechtenstein, have increased the shareholding above majority so that these entities control the majority of voting rights.
For safeguarding the future of the Company, in the general shareholders’ meeting on 2
August 2016 the restructuring of the Company has been be decided: based on an
independent enterprise valuation the operating business (i.e. the shares in Cashcloud S.A,
Luxembourg) shall be sold and transferred to an independent investors group which grants
the necessary capital for both, the continuation of the operative business and the settlement
of the Company’s remaining liabilities.