Annual Report 2011 - T-Hrvatski Telekom
Annual Report 2011 - T-Hrvatski Telekom
Annual Report 2011 - T-Hrvatski Telekom
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110<br />
Consolidated financial statements<br />
The connection fee is recognized on a straight-line<br />
basis over future periods depending on the average<br />
useful life of a single customer line relationship. In<br />
21 Provisions for legal cases and other<br />
provisions<br />
<strong>2011</strong>, average useful life in fixed telephony has been<br />
decreased from 10 to 3 years which resulted in of<br />
increased revenue in the amount of HRK 73 million.<br />
At 1 January<br />
Additions<br />
Reversal<br />
Interest cost<br />
Utilisation<br />
At 31 December<br />
<strong>2011</strong><br />
HRK millions<br />
101<br />
11<br />
-<br />
5<br />
(3)<br />
114<br />
2010<br />
HRK millions<br />
116<br />
3<br />
(3)<br />
-<br />
(15)<br />
101<br />
As at 31 December <strong>2011</strong> the Group has provided<br />
estimated amounts for several legal actions and<br />
claims that management has assessed as probable to<br />
be result in outflow of resources of the Group.<br />
22 Issued capital<br />
Authorised, issued, fully paid and registered share<br />
capital<br />
81,888,535 ordinary shares of HRK 100 each<br />
31 December<br />
<strong>2011</strong><br />
HRK millions<br />
8,189<br />
31 December<br />
2010<br />
HRK millions<br />
8,189<br />
The number of shares in issue remained unchanged<br />
between 1 January 1999 and 31 December <strong>2011</strong>.