Dear Mr Thomas,
Please find below a summary review of Balance sheet (at 31st December 2020)
The main shareholders will be the founders of the company.
The patent will be the property of NFPC. The agreement is ongoing and will be signed before the creation of the company NFPC.
Balance Sheet - 31.12.2020 :
TOTAL Assets = € 183.800
Intangible Assets € 160.000 (200.000 - first year depreciation)
Cash: € 23.800
TOTAL Liabilities = € 183.800
composed of :
Capital € 350.000
result of the year - € 183.306
Commercial debts € 17.106
If you need further explanation, please don't hesitate to contact me by email : email@example.com
Thank you for your answer.
31/12/2020? So, you're speaking about the guidance for the end of 2020 then?