2005 Annual Report - Touax

Financial information concerning the assets,
financial position and results of the issuer
note 14. Tangible fixed assets
note 14.1. Breakdown by type
31.12.2005 31.12.2004
(€ thousands) Gross value Depreciation Capital gains Net value Net value
Land and buildings 4,421 (782) (189) 3,450 3,488
Equipment 131,934 (32,346) (1,228) 98,361 68,693
Other tangible fixed assets 5,131 (3,459) 1,672 773
Tangible fixed assets under construction 64 64 1,092
TOTAL 141,550 (36,587) (1,416) 103,547 74,046
note 14.2. Movements in gross values
Translation
(€ thousands) 01.01.2005 Acquisition Disposal difference Sundry 31.12.2005
Land and buildings 4,350 5 (15) 81 4,421
Equipment 101,348 53,661 (33,263) 4,395 5,793 131,934
Other tangible fixed assets 4,017 1,087 (392) 189 230 5,131
Tangible fixed assets under construction 948 (884) 64
TOTAL 110,663 54,753 (33,670) 4,665 5,139 141,550
annual report 2005
The acquisitions relate to shipping containers in an
amount of €7.4 million, modular buildings in an
amount of €28.3 million, river barges in an amount
of €11.2 million and railcars in an amount of €7.7
million.
The disposals relate to shipping containers in an
amount of €8.7 million, modular buildings in an
amount of €18.0 million, river barges in an amount of
€3.9 million and railcars in an amount of €3.0 million.
The changes classified as “sundry” mainly comprise
changes in the scope of consolidation. The impact of
the acquisition of 49% of the TOUAX Rail Limited group
amounts to €5.3 million in respect of fixed assets.
The Group’s tangible fixed assets comprise leasing
equipment (shipping containers, modular buildings,
river barges and railcars). The unit values of the
shipping containers and modular buildings do not
exceed €10,000. The unit values of the railcars range
from €10,000 in the case of secondhand 60’ railcars
and €125,000 in the case of new coupled intermodal
railcars (106’). The unit values of the river barges
range from €150,000 in the case of barges purchased
secondhand (1,700 tonnes) and €600,000 in the
case of barges purchased new (2,800 tonnes). It
should also be noted that pushboats can attain
values in excess of €1 million.
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Consolidated accounts