DARS_porocilo 2007 ANG.indd

Other operating expenses
Other operating expenses include costs of long-term provisions in the amount of EUR 1,560,972 EUR. In
2007, the costs of long-term provisions comprised:
a) provisions for long-term accrued costs of contingent losses arising from claims in association with
motorway operation and maintenance in the amount of EUR 90,906 and claims by employees under
labour disputes in the amount of EUR 57,581;
b) provisions in the amount of EUR 293,746 for long-term accrued costs relating to employment as a
result of a transition to the new satellite toll system. The estimate of the number of redundancies due
to the change in the toll system is 300. A number of redundant employees will be requalified for other
jobs, particularly for toll control, in line with internal needs. In some cases, the purchase of insurance
period by some redundant employees will be possible. It is estimated that severance pay will have
to be paid to 100 employees. Accrued costs in 2007 included a quarter of the costs of anticipated
purchase of insurance period and severance pay in the amount of EUR 293,746;
c) provisions for termination benefits upon retirement and jubilee benefits in the amount of EUR
117,534;
d) provisions in the amount of EUR 32,497 for termination pays upon retirement to employees not
included in the pension scheme of collective supplementary pension insurance under the agreement
between trade unions and the Company;
e) long-term accrued costs and deferred revenue for settlement of contingent liabilities arising from
the return of purchase money upon a possible return of ETC tags in the amount of EUR 968,709 (the
buyers of ETC tags are entitled to return ETC tags within seven years from the date of purchase).
Financial revenue
Financial revenue from loans to others in the amount of EUR 1,367,283 includes revenue from short-term
surplus liquid funds deposited with banks as euro deposits and investments in securities, and revenue
from revaluation of investments as held for sale. Other financial revenue in the amount of EUR 14,646
comprises financial revenue from operating receivables including default interest revenue and foreign
exchange gains.
Financial expenses
Financial expenses in the amount of EUR 11,701 comprise foreign exchange losses and default interest
expenses.
Other revenue
Other revenue in the amount of EUR 85,167 EUR includes indemnities received under court judgements
and contract penalties.
Other expenses
Other expenses in the amount of EUR 17,471 include indemnities paid under court judgements.
110 ANNUAL REPORT DARS d.d. 2007 FINANCIAL REPORT