ANNUAL REPORT 2006 - Triplan AG

Consolidated Notes 45
(2) Property, plant and equipment
The individual items are shown in the statement of changes in fixed assets. Items of property, plant and equipment
are measured at cost less scheduled straight-line depreciation over a useful life of between three and ten
years.
(3) Asset-side deferred taxes
The deferred tax reimbursement claims result from loss carryovers. Due to the uncertainty surrounding the
realization of the deferred taxes, a value adjustment was made to the extent that asset-side deferred taxes
exceed liability-side deferred taxes. Additional explanations result from text number 24.
(4) Inventories
31 Dec. 2006 31 Dec. 2005
¤ 000 ¤ 000
Raw materials and supplies 2 4
Unfinished products and services 418 428
420 432
(5) Trade accounts receivable (debtors) and other receivables
Trade accounts receivable and other accounts receivable are carried in the balance sheet at nominal value less
value adjustments for discernible individual risks. Due to the TRIPLAN Group’s very good client structure, the
level of default risk is very slight.
All trade accounts receivable and other accounts receivable are due within one year.
31 Dec. 2006 31 Dec. 2005
¤ 000 ¤ 000
Trade accounts receivable 7,193 5,417
Receivables from percentage of completion 993 0
Other receivables 411 551
8,597 5,968
(6) Accrued and deferred items
The accrued and deferred items relate almost exclusively to advance payments made in relation to maintenance
agreements, insurance policies and trade fairs.
III. Notes to the Balance Sheet – Liabilities and shareholders’ equity
(7) Subscribed capital
The fully paid-up share capital on the reporting date was ¤ 9,563,865.00, divided into 9,563,865 unit shares,
each with an accounting value of ¤ 1.00. In the reporting period, the company’s share capital was increased
through a non-cash capital increase, a cash capital increase and conversion of convertible bonds and exercise
of employee share options. As part of the convertible bond issue from conditional capital II in June 2005, the
company is now obliged upon conversion of the bonds to raise the share capital by a further 28,068 shares from
conditional capital II.