Consolidated Financial Statements of the Stadtwerke Leipzig Group ...

Report of the Supervisory Board
Management report of Stadtwerke Leipzig GmbH
Annual fi nancial statements
Notes to the financial statements of Stadtwerke Leipzig GmbH
General remarks
Accounting and valuation methods
Notes to the balance sheet
Notes to the profit and loss account
Other information
Movements in fi xed assets
Audit certifi cate
List of abbreviations
04
05
36
40
40
40
44
53
56
60
62
64
[12] Amortisation
In the 2009 financial year, unscheduled depreciation/amortisations
amounted to €16,478k
(2008: €15k).
[13] Other operating expenses
Other operating expenses
[€k]
2009 2008
Elimination of additional revenues 1,754 12,600
Taxes unrelated to the accounting period 1,230 1,898
Remaining expenses unrelated to the accounting period 686 1,274
Subtotal: Expenditure unrelated to the accounting period 3,670 15,772
Franchise fees 20,109 20,419
Expenditure on services and invoicing services 13,266 12,717
Losses on receivables/Allowances for doubtful debt 7,855 12,076
Expenditure on information technology 10,062 10,562
Expenditure on customer care and marketing 4,714 5,305
Remaining other expenditure 42,204 28,680
Subtotal: Other expenditure 98,210 89,759
Other operating expenses 101,880 105,531
The Remaining expenses unrelated to the accounting
period include losses from sales of
fixed assets (€385k) and expenditure relating to
the franchise fee in other accounting periods
(€301k).
Among other things, the Remaining other expenditure
is made up of expenditure on auditing
and consulting, expenditure on rent and leases
for real estate and technical equipment, expenditure
on legal costs, and Other taxes.
[14] Write-down of financial assets
The Write-down of financial assets essentially
affects Innvo KG (€930k).
Annual Financial Statements of Stadtwerke Leipzig GmbH | 55