iso4217:USD282952002015-01-012015-12-31282952002015-01-012015-12-311282952002015-01-012015-12-311282952002015-01-012015-12-312282952002015-01-012015-12-313282952002015-01-012015-12-311282952002015-01-012015-12-312282952002014-01-012014-12-31282952002015-12-31282952002014-12-31282952002015-01-01282952002014-01-01282952002015-01-012015-12-3111282952002014-01-012014-12-3111282952002015-01-012015-12-3141282952002014-01-012014-12-3141RevisionspåtegningÅrsrapport28295200Welltec Holding ApSGydevang253450AllerødDenmarkAllerød, Denmark+45 48 14 35 14+45 48 14 35 18www.welltec.comwelltecinfo@welltec.com2015-01-012015-12-312014-01-012014-12-312016-01-01UnknownJørgen HallundbækChief Executive OfficerJørgen HallundbækAnnalisa StupenengoMichael BrickerChairman3396355633963556Deloitte Statsautoriseret RevisionspartnerselskabDeloitte Statsautoriseret RevisionspartnerselskabWeidekampsgade60900København C33963556Deloitte Statsautoriseret RevisionspartnerselskabWeidekampsgade 60900 København CTo the shareholder of Welltec Holding ApSWe have audited the financial statements of Welltec Holding<br/>ApS for the financial year January 1, 2015 to December 31,<br/>2015 which comprise the statement of comprehensive income,<br/>statement of financial position, statement of changes in equity,<br/>statement of cash flows and notes, including accounting policies.<br/>The financial statements are prepared in accordance with<br/>International Financial Reporting Standards as adopted by the<br/>EU and disclosure requirements of the Danish Financial Statement<br/>Act.Management is responsible for the preparation of financial<br/>statements that give a true and fair view in accordance with International<br/>Financial Reporting Standards as adopted by the EU<br/>and disclosure requirements of the Danish Financial Statement<br/>Act and for such internal control as Management determines<br/>is necessary to enable the preparation of financial statements<br/>that are free from material misstatement, whether due to fraud<br/>or error.Our responsibility is to express an opinion on the financial statements<br/>based on our audit. We conducted our audit in accordance<br/>with International Standards on Auditing and additional<br/>requirements under Danish audit regulation. This requires that<br/>we comply with ethical requirements and plan and perform the<br/>audit to obtain reasonable assurance about whether the financial<br/>statements are free from material misstatement.<br/><br/>An audit involves performing audit procedures to obtain audit<br/>evidence about the amounts and disclosures in the financial<br/>statements. The procedures selected depend on the auditor’s<br/>judgment, including the assessment of the risks of material<br/>misstatement of the financial statements, whether due to<br/>fraud or error. In making those risk assessments, the auditor<br/>considers internal control relevant to the entity’s preparation<br/>of financial statements that give a true and fair view in order<br/>to design audit procedures that are appropriate in the circumstances,<br/>but not for the purposes of expressing an opinion on<br/>the effectiveness of the entity’s internal control. An audit also<br/>includes evaluating the appropriateness of accounting policies<br/>used and the reasonableness of accounting estimates made by<br/>Management, as well as the overall presentation of the financial<br/>statements.<br/><br/>We believe that the audit evidence we have obtained is sufficient<br/>and appropriate to provide a basis for our audit opinion.<br/><br/>Our audit has not resulted in any qualification.In our opinion, the financial statements give a true and fair view<br/>of the Company’s financial position at December 31, 2015 and<br/>of the results of its operations and cash flows for the financial<br/>year January 1, 2015 to December 31, 2015 in accordance with<br/>International Financial Reporting Standards as adopted by the<br/>EU and disclosure requirements of the Danish Financial Statement<br/>Act.Pursuant to the Danish Financial Statements Act, we have<br/>read the management commentary. We have not performed<br/>any further procedures in addition to the audit of the financial<br/>statements.<br/><br/>On this basis, it is our opinion that the information provided in<br/>the management commentary is consistent with the financial<br/>statements.Copenhagen2016-04-14Martin FaarborgSumit SudanState Authorized Public AccountantState Authorized Public Accountant20003000-2000-3000720900067440003209000329500039980003446000351000-33100036470003777000364700037770001173050001173050001173050001173050001173050001173050000112000001451000033100000000145100011730500011875600046790000467900004869000122200051659000480120006470600070016000647060007001600078300072600002000157000094000072800065646000707440001173050001187560002000300000000000Capital increase in subsidiaryCapital increase in subsidiary00000000Capital increaseCapital increase000000