DARS_porocilo 2007 ANG.indd

Long-term liabilities from motorways transferred to assets under management are stated at revalued initial
cost of motorways transferred to the Company and placed under its management upon incorporation,
less revalued accumulated depreciation of capitalised motorways plus the effect of revaluation by the use
of the cost of living index (in the years from 1994 to 2001). The changes in 2007 include:
• the decrease by depreciation expense for assets under management in the amount of EUR 90,049,627
EUR,
• the effect of revaluation of foreign long-term borrowings, foreign currency balances in transaction
accounts, and foreign currency denominated investments in the amount of 499,277,
• the reversal of provisions for sold ETC tags in the amount of EUR 374,023,
• the post-conversion reconciliation in the amount of EUR 2, and
• the transfer of the Hrušica residential block, whose ownership was transferred, under contract, by the
Republic of Slovenia to the Public Company for Road Maintenance in 1991, from the register of stateowned
assets to the register of company-owned assets, in the carrying amount of EUR 158.816.
Long-term liabilities from collected earmarked funds for motorway construction increased in 2007 by
EUR 13,040,315.
Long-term liabilities from funds received under the Concession Agreement amounted in 2007 to
EUR 122,637,200, less payment of interest on borrowings and issued bonds in the amount of EUR
52,638,581.
In 2007, the Company received long-term funds for motorway construction from the EU Cohesion Fund in
the amount of EUR 14,084,360, funds from the EU for the TEMPO international project in the amount of
EUR 1,172,471, funds from the European Regional Development Fund in the amount of EUR 431,258, and
financial support from the EU for the TEN-T project in the amount of EUR 2,277,256.
Long-term operating liabilities from municipality-owned assets under management
Long-term operating liabilities from municipality-owned assets under management are recorded at the
amount co-financed by local communities and public utilities for motorway construction and amounted to
EUR 20,748,712 as at 31 December 2007.
Long-term operating liabilities from other assets under management
Long-term operating liabilities from other assets under management increased in 2007 due to the sale of
land acquired for motorway construction but not entirely used for its construction or not entirely needed
for operation and maintenance of motorways, invoiced easement on land, rentals, waste material, and
other items.
101 ANNUAL REPORT DARS d.d. 2007 FINANCIAL REPORT