Annual Report 2019 Now
RAG-STIFTUNG ANNUAL REPORT 2019 NOW. ANNUAL REPORT 2019 KEY FIGURES BALANCE SHEET in € millions 31/12/2015 31/12/2016 31/12/2017 31/12/2018 31/12/2019 Fixed assets 4,522.6 5,200.8 6,488.0 7,430.9 8,546.2 Current assets 1,164.1 899.5 712.7 2,053.1 1 ,127. 3 Total assets 5,686.7 6,100.3 7,200.7 9,484.0 9,673.5 Equity 2.0 2.0 2.0 2.0 2.0 Provisions 4,502.3 4,925.3 5,364.6 7,909.2 8,012.6 Liabilities 1,178.1 1,169.6 1,834.1 1,572.8 1,658.9 Total liabilities 5,686.7 6,100.3 7,200.7 9,484.0 9,673.5 INCOME STATEMENT in € millions 2015 2016 2017 2018 2019 Annual profit (= allocated to the provision for perpetual obligations) 334.3 392.8 430.6 911.8 413.6,8 THE FUTURE IS NOW. The RAG-Stiftung was established in 2007 to pursue two main goals: discontinuing hard coal mining in Germany in a socially acceptable manner and funding the perpetual obligations after the last mines ceased to operate. The first task was successfully completed in late 2018, while the second, which is the future task, commenced in the financial year 2019. The RAG-Stiftung covers the costs of the perpetual obligations of the post-mining era. In line with its articles of association, the foundation also provides funding for a number of other targeted projects in order to help create a liveable environment for tomorrow today.
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