Page 104 - Restamax Plc Annual Report 2017

11 SHARES IN ASSOCIATED COMPANIES AND JOINT VENTURES

EUR thousand Note 2017 2016
Book value 1 Jan 1,178.8 1 330.0
Additions 31 1,690.8 0.0
Share of the income of the financial period 172.3 -47.2
Intangible depreciation -104.0 -104.0
Book value on 31 December 2,938.0 1,178.8

The financial year of the associated company is 1 June-31 May. The result of the associated company has been combined
with the Group for the period 1 January-31 December 2017.

EUR thousand 2017 2016
Undepreciated goodwill in the associated company 749.0 749.0
Intangible rights in the associated company 520.0 520.0
- intangible depreciations with its tax effects -208.0 -104.0
1,061.0 1,165.0

Financial information about the associated company
EUR thousand Assets Liabilities Turnover Profit/ Share of
loss ownership %
1 June 2017–31 December 2017
Superpark Oy, domicile Sotkamo 18,612.4 15,096.2 8,379.2 112.9 30.29
Total 18,612.4 15,096.2 8,379.2 112.9

1 June 2016–31 May 2017
Superpark Oy, kotipaikka Sotkamo 16,267.6 13,305.5 10,588.6 0.4 19.96 *
Total 16,267.6 13,305.5 10,588.6 0.4

* average
Restamax Plc’s previous holding in the company was 19.0% and, as a result of the transaction of 28 April 2017, 30.29%.
The company is consolidated as an associated company into Restamax’s consolidated financial statements, even
though the Group has less than 20% of the shares and votes, as the Group has considerable influence in the company
through a contractual right to appoint one of the five Board members.

12 INVENTORIES

EUR thousand 2017 2016
Restaurant goods inventory 2,831.1 2,317.6
Labour hire goods inventory 140.8 0.0
Total 2,971.8 2,317.6

During the reporting period, TEUR 32,005.0 was recorded in the income statement for materials and supplies and
through stock value changes (TEUR 27,398.8 in 2016). In addition, TEUR 280.0 was recorded as expenses in the reporting
period (TEUR 221.6 in 2016), which was used to reduce the book value of inventories.

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