DARS_porocilo 2007 ANG.indd

Deferred tax assets
Deferred tax assets arise from provisions for termination benefits upon retirement and jubilee benefits,
provisions for contingent claims, provisions for severance pays and purchase of insurance period for
redundancies upon the change in the tolling system, and provisions for potential return of ETC tags.
Movement in deferred tax assets in 2007:
in EUR
(without cents)
Balance at 1 January 2007 1,034,581
Change in provisions for termination benefits and jubilee benefits -14,013
Change in provisions for redundancies 27,551
Change in provisions for contingent claims -111,603
Change in provisions for return of ETC tags 36,517
Balance at 31 December 2007 973,033
Inventories
Inventories comprise inventories of materials, spare parts, low-value assets and packaging. Inventories
increased by 3% over the previous year’s figure at 31 December 2006. Inventories of materials represent
the major share in the structure of inventories, whereas inventories of spreading materials account for
44% of the total inventories of materials.
in EUR 31 Dec 2007 Share in % 31 Dec 2006 Index
(without cents)
Materials 1,359,361 72 1,381,346 98
Spare parts 165,507 9 151,998 109
Low-value assets and packaging 368,297 19 311,224 118
Total 1,893,165 100 1,844,568 103
As at 31 December 2007, no inventories were pledged as security for liabilities. The book value of
inventories does not exceed the cost at 31 December 2007. Inventories are current inventories.
Short-term investments in other entities
Short-term investments in other entities comprise:
• short-term deposits with banks in the amount of EUR 40,620,000 EUR, with the average maturity of 17
days and the average weighted interest rate of 4.58%, and
• a short-term over-night deposit with the bank in the amount of EUR 118,209 EUR, with the interest rate
of 3.25%.
83 ANNUAL REPORT DARS d.d. 2007 FINANCIAL REPORT