Annual Report

Notes to Group Financial Statements
HUBER+SUHNER Annual Report 2010 · Part 2
Intangible assets 2009 Software Other 1) Total
Initial cost
Balance at 1.1. 32 810 170 32 980
Additions 972 – 972
Disposals (230) (174) (404)
Currency translation differences 99 4 103
Balance at 31.12. 33 651 0 33 651
Accumulated amortisation
Balance at 1.1. (28 393) (170) (28 563)
Additions (2 292) – (2 292)
Disposals 227 174 401
Currency translation differences (44) (4) (48)
Balance at 31.12. (30 502) 0 (30 502)
Carrying amount
At 1.1. 4 417 0 4 417
At 31.12. 3 149 0 3 149
1) Other intangible assets include intangible assets under construction.
31 Financial assets
Financial assets 2010
Initial cost
Loans
to third
parties
Other
financial
assets
Balance at 1.1. 3 884 31 318 35 202
Additions 117 807 924
Disposals (3) (10 356) (10 359)
Currency translation differences (328) (107) (435)
Balance at 31.12. 3 670 21 662 25 332
Accumulated impairment
Balance at 1.1. (3 884) – (3 884)
Additions (103) – (103)
Currency translation differences 327 – 327
Balance at 31.12. (3 660) – (3 660)
Carrying amount
At 1.1. 0 31 318 31 318
At 31.12. 10 21 662 21 672
Other financial assets include the recognised surplus, according to IAS 19 of CHF 20.7 million (previous year, CHF 20.4
million) of which the employer’s contribution reserve was CHF 13.1 million (previous year, CHF 12.9 million). For further
details see note 14. In the year under review the economic development reserve was deployed functionally and within
the law for operating and investing activities. This led to a reduction of other financial assets of CHF 10.0 million.
Total
45