CzeCh airlines - České aerolinie

NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 December 2010
annual report 2010 | 70
7. OTHER SECURITIES AND INVESTMENTS
Other Long-Term Investments
Other Long-Term Investments (Available for Sale)
At 31 December 2010:
Foreign
31 December
2010
CZK’000
Income 2010
CZK’000
31 December
2009
CZK’000
Income 2009
CZK’000
Foreign
Number
of securities
Nominal
value
Cost
CZK’000
SITA Inc. loan 7,859 159 7,098 344
Other 332
7,859 7,430
SITA Inc. shares 46 EUR 230 6
SITA Inc. certificates 8,073
At 31 December 2009:
8,079
Short-Term Financial Assets
The structure of short-term financial assets:
31 December 2010
CZK’000
31 December 2009
CZK’000
Foreign
Number
of securities
Nominal
value
Cost
CZK’000
Cash 26,760 25,582
Current accounts 109,741 167,408
Term deposits 646,586 366,528
Promissory notes 375,248
SITA Inc. shares 51 EUR 255 7
SITA Inc. certificates 7,908
7,915
Other investments available for sale are carried at cost at 31 December 2010 and
2009 because their fair value is not readily obtainable and the cost of obtaining the
fair value measure is unreasonably high considering its impact on the Company’s
financial statements.
In 2010 and 2009, the Company obtained no dividends from other long-term investments
available for sales.
Term deposits – short-term:
1,158,335 559,518
31 December 2010
CZK’000
31 December 2009
CZK’000
Term deposits in CZK 222,000 294,400
Term deposits in EUR 83,951 31,758
Term deposits in GBP 34,056 23,839
Term deposits in USD 306,579 16,531
646,586 366,528