Annual Report (PDF) - Feintool

36
5 Summary of property, plant and equipment
Notes to the Consolidated Financial Statements
Land Building Machinery Equipment Automotive Assets under Total
construction
Purchase or assessment value
As of Oct. 1, 1999 (incl. currency translation diff.) 12,157 63,469 135,962 30,773 3,233 1,459 247,053
Foreign currency differences – opening balance 639 2,341 7,532 416 221 89 11,238
Changes in scope of consolidation 1,554 5,527 3,999 4,441 423 597 16,541
Additions 2,033 2,734 14,955 3,308 701 4,220 27,951
Disposals 0 –222 –3,059 –1,775 –554 –1,399 –7,009
Reclassification and revaluation 1,455 –1,399 2,758 –2,240 –3 –582 –11
Foreign currency translation differences on movements 76 –262 38 –117 –10 21 –254
As of September 30, 2000 17,914 72,188 162,185 34,806 4,011 4,405 295,509
Accumulated depreciation
As of Oct. 1, 1999 –119 –12 343 –72,420 –21,547 –1,699 0 –108,128
Foreign currency translation differences on opening balance –3 –685 –4,029 –249 –119 0 –5,085
Changes in scope of consolidation 0 –126 –2,214 –3,248 0 0 –5,588
Depreciation on group companies 0 186 1,259 1,479 343 0 3,267
Reclassification and revaluation 0 0 –1,712 1,709 3 0 0
Foreign currency translation differences on movements 0 38 –84 –164 3 0 –207
As of September 30, 2000 –137 –15,116 –91,763 –24,751 –2,061 0 –133,828
Net book value
As of October 1, 1999 12,038 51,126 63,542 9,226 1,534 1,459 138,925
As of September 30, 2000 17,777 57,072 70,422 10,055 1,950 4,405 161,681
The list of fixed assets has been restructured. Comparisons with the prior year can therefore be made only at the net value level.
6 Intangible assets Goodwill Capitalized R & D costs Patents and brands Total
As of October 1, 1999 5,984 877 0 6,861
Additions 22,144 2,135 6,854 31,133
Depreciation –1,647 –606 –455 –2,708
As of September 30, 2000 26,481 2,406 6,399 35,286
CHF 1.000 30.9.00 30.9.99
Fire insurance coverage
Buildings 79,968 69,474
Inventories 94,842 62,814
Other fixed assets 271,401 204,635
Total 446,211 336,923
11 Shareholders’ equity Share capital Capital reserves Retaineds Reclassification Total
earning and revaluation shareholders’ equity
Shareholders’ equity on 30.9.1999 27,536 50,668 39,873 8,784 126,861
Dividends paid -4,682 -4,682
Trade with treasury shares 1,368 1,368
Capital increase from conditional share capital 60 60
Net income 24,625 24,625
Foreign currency translation differences 2,449 2,449
Shareholders’ equity on 30.9.2000 27,596 50,668 61,184 11,233 150,681
For operational considerations, goodwill of CHF 17,617,000 associated with the integration of minority interests in fully consolidated subsidiaries in the 1997–98 financial year
was offset against equity. Writing off this goodwill over 5 years would have resulted in charges to the consolidated income statement amounting to CHF 3.5 m per year.