1 - KTG Energie AG

CONSOLIDATED NOTES ∙ NOTES TO THE GROUP FINANCIAL STATEMENTS
COMMENTS
CONCERNING THE FIRST HALF OF 2012
1 ∙ GENERAL INFORMATION
The details given here should not be regarded as notes in the sense of annual financial statements. The following comments relate to items
which have changed since the audited annual financial statements to 31 December 2011.
The layouts of the consolidated balance sheet and consolidated income statement comply with the provisions of Sections 266 and 275
of the German Commercial Code (Handelsgesetzbuch - HGB). The layout of the consolidated income statement is in accordance with
the nature of expense method.
2 ∙ ENTITIES IN CONSOLIDATION
No new companies have been added to the group of consolidated entities.
3 ∙ VALUATION OF INVENTORIES
Inventories are valued at their costs of acquisition or manufacture.
4 ∙ FIXED ASSETS
Movements in individual fixed asset items are set out in the consolidated statement of changes in fixed assets.
5 ∙ SALES REVENUES
The sales revenues chiefly comprise revenues for feeding electricity and methane [into the grid] and for selling heat.
26 ∙ KTG ENERGIE AG HALF-YEARLY REPORT 2012