The summary financial statements were prepared in compliance with Articles 19 and 20 of BOIP's financial regulations.
The budgets included in the summary financial statements have not been audited.
The tangible and intangible fixed assets are stated at cost or on the basis of the costs incurred, less accumulated depreciation and, if applicable, less impairments.
Bonds, shares and other investments are stated at fair value. The realised and unrealised results are recognised in the income statement.
Provisions comprise a provision for reorganisation, a provision for anniversaries and a provision for large-scale maintenance.
The book value of long-term accruals equals the book value of the Benelux Patent Platform.
Current liabilities, accruals and deferred income mainly consists of deferred income (payments for services not yet rendered).
