DARS_porocilo 2007 ANG.indd

Cash
in EUR 31 Dec 2007 31 Dec 2006
(without cents)
Cash in bank 23,691 1,830,683
Call deposits 3,850,000 10,900,880
Cash in hand 295 62
Cash in toll booths 196,860 125,846
Cash in transit 887,564 611,250
Total 4,958,410 13,468,721
Cash in transit includes collected tolls not yet put in the Company’s transaction account.
Upon inventory taking of cash in transit from collected tolls as at 30 November 2007, the Company
reconciled the balance in the books with the actual balance in the amount of EUR 42,324.
Deferred costs and accrued revenue
Deferred costs and accrued revenue in the amount of EUR 1,262,475 comprise short-term deferred costs
that will be charged against profit or loss in future accounting periods.
Short-term deferred costs include:
• costs of lease of Microsoft software in the amount of EUR 191,555,
• costs of ETC tags purchased but not sold in 2007 in the amount of EUR 554,755 EUR, and
• costs of the final settlement of agent compensation for 2007 in the amount of EUR 506,373.
Receivables from the use of company-owned assets to finance state-owned assets under
management
Under the Company’s assets in the Balance Sheet, receivables due from the State in the amount of EUR
2,972,287 are recorded as receivables arising from the use of company-owned assets to finance stateowned
assets under management. Under state-owned assets under management in the Balance Sheet,
the State’s liabilities to the Company are recorded in the same amount.
The receivables comprise:
• a 2008 concession tax, transferred in advance, receivable in the amount of EUR 3,253,866,
• 2007 remuneration receivable under the Agreement on the Performance of Contracts in the amount of
EUR 1,020,465 EUR (this liability was settled in the beginning of 2008).
Off balance sheet items
Off balance sheet items comprise contingent receivables due from municipalities in the amount of EUR
2,422,402 and arising from unjustifiably invoiced and collected charges for the use of building sites,
including default interest. Following the initiative of the Company, the Constitutional Court annulled,
with its decision U-I-361-/2002-11 (Official Gazette of the Republic of Slovenia, 37/2004) some of the
ordinances issued by municipalities as well as the decisions of the Tax Administration of the Republic of
Slovenia.
Off balance sheet items also comprise contingent cash or receivables in the amount of EUR
18,613,044 arising from encashment of performance guarantees received for motorway operation and
maintenance.
85 ANNUAL REPORT DARS d.d. 2007 FINANCIAL REPORT