Annual Report - KonÄar Distribution and Special Transformers Inc.
Annual Report - KonÄar Distribution and Special Transformers Inc.
Annual Report - KonÄar Distribution and Special Transformers Inc.
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Notes to the financial statements - continued<br />
35. ACCRUED EXPENSES AND DEFERRED INCOME<br />
Accrued expenses <strong>and</strong> deferred income in the amount of HRK 8,232,100 (HRK 6,069,190 at 31 December 2011) relate to<br />
deferred income per phase contracts, accrued expenses based on contracts with customers from Nigeria for goods delivered<br />
in 2010, accrued corporate income tax liability <strong>and</strong> other similar items.<br />
Accrued expenses<br />
Accrued expenses<br />
Accrued corporate income tax liability<br />
Total<br />
31/12/2012 31/12/2011<br />
HRK<br />
HRK<br />
8,116,724 5,743,344<br />
115,376 325,846<br />
8,232,100 6,069,190<br />
36. CONTRACTUAL LIABILITIES<br />
Contractual liabilities of the Company for unfinished projects as of 31 December 2012 amount to HRK 512 million (HRK 461<br />
million at 31 December 2011).<br />
37. OFF-BALANCE SHEET ITEMS<br />
The Company had at 31 December 2012 the following items in its off-balance sheet:<br />
Guarantees<br />
- in HRK<br />
- in foreign currencies<br />
Total<br />
31/12/2012 31/12/2011<br />
HRK<br />
HRK<br />
10,482,600 10,125,000<br />
84,266,930 94,985,808<br />
94,749,530 105,110,808<br />
54
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