TÅ½ Annual Report 2008 in pdf, 7.5 MB - TÅineckÃ© Å¾elezÃ¡rny

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6.1.3. The Group’s Income from Ordinary Activities and Sale of Goods for 2006 (CZK thousand)Activities Domestic Export TotalMetallurgic production 31 955 562 109 358 32 064 920Power generation 300 512 0 300 512Production of refractory material 63 804 105 328 169 132Foundry production 290 349 651 512 941 861Engineering production 496 460 744 022 1 240 482Sale of goods 9 732 1 793 11 525Services 347 788 17 126 364 914Change in inventory 227 764 0 227 764Capitalisation 801 761 0 801 761Total 34 493 732 1 629 139 36 122 8716.2. Consumed Purchases and Good Sold (CZK thousand)2008 2007 2006Consumed material 29 984 870 25 333 201 23 146 623Consumed energy 1 533 480 1 323 741 1 319 846Goods sold 1 631 5 488 7 304Total consumed purchases 31 519 981 26 662 430 24 473 7736.3. Services (CZK thousand)2008 2007 2006Repairs and maintenance 1 140 583 1 161 953 1 265 413Transportation expenses 425 531 397 382 392 544Cooperation 568 706 295 514 281 535Leasing 30 782 44 045 66 062Right of use 33 284 35 860 82 395Promotion costs 147 947 117 670 86 116Rental 111 489 108 843 106 216Cleaning services 72 166 72 373 71 825Statutory audit 10 575 10 348 10 362Other services 828 512 659 679 763 318Total 3 369 575 2 903 667 3 125 786Other services largely include services which were outsourced in prior years (health security and protection, security guard services, training, cleaningand other auxiliary work).6.4. Other Operating Income (CZK thousand)2008 2007 2006Contractual penalties and default interest 3707 2 231 1 367Recoveries of receivables written off and transferred 1 746 3 676 1 837Received subsidies 20 181 72 439 107 879Settlement of CO2 emission allowances in income under the National Allocation Plan 2 687 241 187 920 3 172 948Sundry operating income 66 917 67 644 32 510Total other operating income 2 779 793 333 910 3 316 5416.5. Other Operating Expenses (CZK thousand)2008 2007 2006Gifts 45 838 29 001 40 033Contractual penalties and default interest 1 608 1 003 628Other penalties and fines 2 667 2 091 70Write-offs of receivables and transferred receivables 16 199 28 178 310 261Sundry operating expenses 135 242 179 498 144 872Settlement of CO2 emission allowances in expenses under the National Allocation2 740 908 187 920 3 173 460PlanDeficits and damage relating to operating activities 27 528 41 598 44 681Total other operating expenses 2 969 990 469 289 3 714 005A N N U A L R E P O R T T Ř I N E C K É Ž E L E Z Á R N Y , a . s . 2 0 0 8103
6.6. GrantsGrants for operating purposes of CZK 6,026 thousand received in 2008 (CZK 7,860 thousand and CZK 3,025 thousand in 2007 and 2006, respectively) includegrants for research purposes, and grants received from the Employment Office in prior years.In addition, the Group received allowances of CZK 6,893 thousand and CZK 25,423 thousand from the Ministry of Industry and Trade as of 31 December2007 and 2006, respectively, designed to address the social implications of the steel industry restructuring efforts.Drawing of Allowed State AidThe state aid is provided both for operating and investment purposes.Until 2008, the Company received CZK 278,786 thousand and CZK 149,217 thousand for operating and investment purposes, respectively.Eligibleexpenses in2004Allowedstate aid in2004 (drawn)Eligibleexpenses in2005Allowed stateaid in 2005(drawn)Eligibleexpenses in2006(CZK thousand)Allowedstate aid in2006 (drawn)Research and development 11 323 5 175 233 510 99 235 235 847 96 822Environment 0 0 50 721 28 911 50 960 29 047Education 7 842 2 745 20 250 8 537 45 628 22 361Total 19 165 7 920 304 481 136 683 332 435 148 230Eligibleexpenses in2007Allowed stateaid in 2007(drawn)Total eligibleexpenses until31 Dec 2007Totalallowed stateaid until31 Dec 2007(drawn)Allowed stateaid (received)Returnedallowed stateaid(CZK thousand)Allowedstate aid(to be drawn)Research and development 144 691 57 034 625 371 258 266 388 100 94 904 34 930Environment 98 479 56 133 200 160 114 091 140 335 26 244 0Education 29 576 10 445 103 296 44 088 48 241 4 153 0Total 272 746 123 612 928 827 416 445 576 676 125 301 34 930Eligibleexpenses in2008Allowed stateaid in 2008(drawn)Total eligibleexpenses until31 Dec 2008Totalallowed stateaid until31 Dec 2008(drawn)Allowed stateaid (received)Returnedallowed stateaid(CZK thousand)Allowedstate aid(to be drawn)Research and development 20 707 11 589 646 078 269 855 388 100 118 245 0Environment 0 0 200 160 114 091 140 335 26 244 0Education 0 0 103 296 44 088 48 241 4 184 0Total 20 707 11 589 949 534 428 034 576 676 148 673 0Environmental and educational projects were completed as of 31 December 2007. Research and development projects were completed as of 30 June 2008.6.7. Extraordinary Income (CZK thousand)2008 2007 2006Other 11 111 413Total extraordinary income 11 111 4136.8. Extraordinary Expenses (CZK thousand)2008 2007 2006Other 114 0 0Total extraordinary expenses 114 0 0104F I N A N C I A L P A R T
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Třinecké železárny, a. s. / Ann
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1.Company ProfileTŘINECKÉ ŽELEZ
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3.Characteristics of the Production
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4. Events of 2008JanuaryIn 2007, a
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5.Selected Economic Indicators 2004
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7.Introductory Word of the Chairman
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8. Board of Directors’ ReportDeve
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Production and Position on the Mark
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Investments and ModernisationThe te
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A total of 38 technological project
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Environmental InvestmentsIn 2008, t
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Table: The average adjusted count o
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Trends of total revenues during the
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9.Report of the Supervisory BoardTh
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10.Auditor‘s Opinion on the Annua
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30F I N A N C I A L P A R T
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LIABILITIES AND EQUITY(CZK thousand
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STATEMENT OF CHANGES IN EQUITYShare
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NOTES TO THE FINANCIAL STATEMENTS1.
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3. Summary of Significant Accountin
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3.5. ReceivablesUpon origination, r
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4. Additional Information on the Ba
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4.1.3. Assets Held under Finance an
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31 December 2007 (CZK thousand)Comp
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31 December 2006 (CZK thousand)Comp
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4.4.3. Intercompany ReceivablesShor
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Page 60 and 61: Eligibleexpenses in2004Allowedstate
Page 62 and 63: 2006 (CZK thousand)EntityRelationGo
Page 64 and 65: 2007 (CZK thousand)EntityRelationNo
Page 66 and 67: 31 December 2007Type of commitment
Page 68 and 69: CONSOLIDATED BALANCE SHEET - FULL V
Page 70 and 71: CONSOLIDATED PROFIT AND LOSS ACCOUN
Page 72 and 73: CONSOLIDATED CASH FLOW STATEMENT(CZ
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Page 76 and 77: AssociatesName of the company Regis
Page 78 and 79: Objects from precious metals acquir
Page 80 and 81: Deferred TaxDeferred tax is account
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Page 86 and 87: Net Book Value(CZK thousand)Net boo
Page 88 and 89: 31 December 2006 (CZK thousand)Desc
Page 90 and 91: Investment Acquisition cost Descrip
Page 92 and 93: 5.8. Inventory (CZK thousand)Struct
Page 94 and 95: 5.9.4. Intercompany ReceivablesShor
Page 96 and 97: The reserves for repairs of tangibl
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Page 100 and 101: 5.17. Bank Loans and Borrowings5.17
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Page 106 and 107: 6.9. Related Party Transactions6.9.
Page 108 and 109: 7. Employees, Management and Statut
Page 110 and 111: 8. Post Balance Sheet EventsOn 21 J
Page 112 and 113: CZK’ 000 2008* 2007 2006Equity 56
Page 114 and 115: CZK’ 000 2008* 2007 2006Equity 19
Page 116 and 117: Barrandov Lands a.s. registered at
Page 118 and 119: whereby the performance fee exclusi
Page 120 and 121: D. Description of the Companys Rela
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TÅ½ Annual Report 2008 in pdf, 7.5 MB - TÅineckÃ© Å¾elezÃ¡rny

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TÅ½ Annual Report 2008 in pdf, 7.5 MB - TÅineckÃ© Å¾elezÃ¡rny