SEHATEC Limited

SEHATEC Limited

Birkenwerder

Jahresabschluss zum Geschäftsjahr vom 01.01.2012 bis zum 31.12.2012

Abbreviated Balance Sheet

As at 31/12/2012

The director consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 (2) of the Companies Act 2006 and members have not required the company to obtain an audit of its accounts for the year in question in accordance with sections 47 (of the Act. The directors acknowiedge their responsibilities for ensuring that the company keeps accounting record which comply with section 386 of the Companies Act 2006, and for preparing financial statements which give a tru and fair view of the state of affairs of the company as at 31/12/2012 and of its profit for the year then ended in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Act relating to the financial statements so far as applicable to the company.

The abbreviated accounts which have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime, were approved by the board on

The notes on Page 4 to 5 form part of these financial statements.

Notes to the Abbreviated Accounts for the year ended 31/12/2012

1. ACCOUNTING POLICIES

1.1. Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepa under the historical cost convention and in accordance with the German tax law.

1.2. Cash flow

The financial statements do not include a cash flow statment because the company, as a small reporting ent is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.3. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, exclusive of Value Added Tax.

1.4. Foreign Currencies

All figures are reported in Euros.

1.5. Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to writ off the cost of fixed assets, less their estimated residual value, over their expected useful lives in the followin bases:

2. TANGIBLE FIXED ASSETS

3. SHARE CAPITAL