Å kodaAuto ANNUAL REPORT 2006 - Skoda Auto

7. Inventories (CZK million)
Structure of the inventories Carrying value Carrying value
31.12.2006 31.12.2005
Raw materials, consumables and supplies 3,188 3,148
Work in progress 1,907 1,688
Finished products 3,200 3,024
Goods 3,953 4,410
Total inventories 12,248 12,270
The amount of inventories recognised as an expense during 2006 was CZK 170,411 million (2005: CZK 159,408 million).
8. Trade receivables (CZK million)
31.12.2006 31.12.2005
Trade receivables from:
Third parties 3,225 4,005
Related parties 2,272 2,219
Total 5,497 6,224
Allowances for impairment losses on trade receivables of CZK 343 million (31 December 2005: CZK 495 million) are reflected in the
amounts disclosed above.
The carrying value (less impairment provision, if any) of trade receivables are assumed to approximate their fair values due to the short-term
nature of these financial assets.
9. Cash (CZK million)
31.12.2006 31.12.2005
Cash in hand 4 4
Bank accounts 4,508 1,172
Total 4,512 1,176
The weighted effective interest rate based on carrying amount of bank deposits as of 31 December 2006 was 2.72% (31 December 2005:
1.95%).
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