DARS_porocilo 2007 ANG.indd

Long-term Investments
Long-term investments are held by the Company to earn returns and thus increase its financial revenue.
Long-term investments are initially recognised at cost, i.e. the amount of money invested.
In accordance with ZDARS, the Company is required to invest any surplus cash in state securities or its
own securities, debt securities, or deposit with first-class banks domiciled in the Republic of Slovenia.
Deferred tax assets
Deferred tax assets are the amounts of income tax recoverable in future periods. Deferred tax assets are
recognised for all deductible temporary differences to the extent that it is probable that taxable profit will
be available, against which the deductible temporary difference can be utilised.
Insignificant deferred tax assets are not recognised.
Inventories
An inventory unit of materials is initially recognised at cost, which comprises its purchase price, import
duties and other directly attributable costs of acquisition. The purchase price is reduced by any discounts
received.
On initial recognition, the elements of cost and the total cost of an item of inventory derive from the
historical cost. Subsequently, if the latest purchase prices in the accounting period differ from prices
and/or costs of same-class items of inventory, the moving average price method is used.
57 ANNUAL REPORT DARS d.d. 2007 FINANCIAL REPORT