GAMMON INDIA LIMITED

Franco Tosi Meccanica S.p.A.
Note 1. TANGIBLE ASSETS
These amount to €135,961,428 with a net increase of €1,501,764 as compared to December 31 st , 2007
and are made up as follows:
Historical
cost
12.31.2008 12.31.2007
Accum.
Deprec.
Net
value
Historical
cost
Accum.
Deprec.
Lands 25,415,334 0 25,415,334 25,415,334 0 25,415,334
Buildings 56,481,089 (10,919.,233) 45,561,856 49,815,385 (9,138,370) 40,677,015
Plants and machineries 84,400,343 (21,078,074) 63,322,269 83,771,534 (16,986,801) 66,784,733
Production and commercial equipment 3,092,708 (2,225,750) 866,958 2,906,805 (1,695,878) 1,210,927
Other assets such as:
- vehicles & internal means of transport 465,836 (378,409) 87,427 460,870 (320,837) 140,033
- furniture & decoration 30,196 (18,796) 11,400 30,196 (15,172) 15,024
- electronic equipment 1,069,425 (558,445) 510,980 677,148 (460,550) 216,598
Tangible assets under development 185,204 0 185.204 0 0 0
Total 171,140,135 (35,178,707) 135,961,428 163,077,272 (28,617,608) 134,459,664
The schedules below show movements concerning historical cost and accumulated depreciation in
2008.
Movements concerning historical cost
Net
value
12.31.2007 Increases Decreases 12.31.2008
Lands 25,415,334 25,415,334
Buildings 49,815,385 6,665,704 56,481,089
Plants and machineries 83,771,534 628,809 84,400,343
Production and commercial equipment 2,906,805 185,903 3,092,708
Other assets such as:
- vehicles & internal means of transports 460,870 4,966 465,836
- furniture and decoration 30,196 30,196
- electronic equipment 677,148 392,277 1,069,425
Tangible assets under development 0 185,204 185,204
Total 163,077,272 8,062,863 0 171,140,135
12/26
F
85