Annual Report - Končar Distribution and Special Transformers Inc.

Notes to the financial statements - continued
18. PROPERTY, PLANT AND EQUIPMENT
Cost
Balance at 1 January 2011
Additions
Transfer
Transfer from intangible assets
Disposals
Balance at 31 December 2011
Additions
Transfer
Disposals
Balance at 31 December 2012
Accumulated depreciation
Balance at 1 January 2011
Transfer from intangible assets
Depreciation for the year
Other decreases
Disposals
Balance at 31 December 2011
Depreciation for the year
Other decreases
Disposals
Balance at 31 December 2012
Carrying value
31 December 2011
31 December 2012
in HRK Land Buildings Plant and Tools and Advances Assets under Total
equipment furniture construction
9,012,497 63,727,181 109,314,302 13,181,916 1,807,551 2,776,662 199,820,109
— — — — 23,553,268 34,284,555 57,837,823
32 838,312 11,388,416 4,781,976 — (17,008,736) —
— — 13,175 — — — 13,175
— (898,575) (1,016,385) (366,687) (18,067,819) — (20,349,466)
9,012,529 63,666,918 119,699,508 17,597,205 7,293,000 20,052,481 237,321,641
— — — — 16,600,344 82,729,870 99,330,214
— 29,953 3,618,092 506,721 — (4,154,766) —
— — (853,658) (321,293) (18,679,758) — (19,854,709)
9,012,529 63,696,871 122,463,942 17,782,633 5,213,586 98,627,585 316,797,146
— 47,794,487 81,582,706 10,251,969 — — 139,629,162
— — 13,175 — — — 13,175
— 3,240,491 10,008,659 2,124,028 — — 15,373,178
— — 1,210,834 — — — 1,210,834
— (898,575) (1,014,111) (366,687) — — (2,279,373)
— 50,136,403 91,801,263 12,009,310 — — 153,946,976
— 1,330,887 5,177,151 1,186,229 — — 7,694,267
— — 1,052,346 — — — 1,052,346
— — (735,404) (241,515) — — (976,919)
— 51,467,290 97,295,356 12,954,024 — — 161,716,670
9,012,529 13,530,515 27,898,245 5,587,895 7,293,000 20,052,481 83,374,665
9.012.529 12.229.581 25.168.586 4.828.609 5.213.586 98.627.585 155.080.476
The carrying value of real estate under mortgage as at 31 December 2012 amounts to HRK 21,242,110 (31/12/2011: HRK 19,913,741). As at 31
December 2012 the total amount of mortgages registered over these assets amounts to EUR 36.7 million (31/12/2011: EUR 28.2 million) (Note 29).
Assets under construction in the amount of HRK 98,627,585 consist mostly of investment in “The High-Voltage Laboratory” project.
The gross carrying value of all non-current assets fully depreciated and still in use on 31 December 2012 amounts to HRK 103,091,614 (2011: HRK
109,713,864).
The effect of changes in depreciation rates is the lower depreciation charge by the amount of HRK 7,798 thousand.
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