TŽ Annual Report 2008 in pdf, 7.5 MB - Třinecké železárny

4. Additional Information on the Balance Sheet and Profit and Loss Account4.1. Fixed Assets4.1.1. Intangible Fixed AssetsCostBalance at1 Jan 2006Additions Disposals Balance at31 Dec2006Additions Disposals Balance at31 Dec2007(CZK thousand)Additions Disposals Balance at31 Dec2008Research and development 0 0 0 0 0 0 0 4553 0 4553Software 93 430 23 510 2 403 114 537 3 848 255 118 130 8 339 458 126 011Valuable rights 24333 730 0 25063 1598 0 26661 0 0 26661Other intangible FA 136 930 1 881 066 1 978 003 39 993 56 963 96 956 0 1 608 153 1 608 153 0Intangible FA under construction19 619 4 809 24 241 187 6 017 5 446 758 110 517 109 995 1 280Total 274 312 1 910 115 2 004 647 179 780 68 426 102 657 145 549 1 731 562 1 718 606 158 505Accumulated Amortisation and ProvisionsBalance at1 Jan 2006Additions Disposals Balance at31 Dec2006Additions Disposals Balance at31 Dec2007(CZK thousand)Additions Disposals Balance at31 Dec2008Research and development 0 0 0 0 0 0 0 228 0 228Software 63 762 14 081 2 402 75 441 18 359 256 93 544 14 144 458 107 230Valuable rights 24 151 470 0 24 621 694 0 25 315 329 0 25 644Total 87 913 14 551 2 402 100 062 19 053 256 118 859 14 701 458 133 102Net Book Value(CZK thousand)Balance at 31 Dec 2006 Balance at 31 Dec 2007 Balance at 31 Dec 2008Research and development 0 0 4325Software 39 096 24 586 18 781Valuable rights 442 1 346 1 017Other intangible FA 39 993 0 0Intangible FA under construction 187 758 1 280Total 79 718 26 690 25 403Amortisation of Intangible Fixed Assets Charged to ExpensesAmortisation of intangible fixed assets amounted to CZK 14,701 thousand, CZK 19,053 thousand, CZK 14,552 thousand as of 31 December 2008, 2007 and2006, respectively.Other Intangible Fixed AssetsOther intangible fixed assets include greenhouse emission allowances.In the year ended 31 December 2008, the Company purchased 19,500 emission allowances for CZK 9,624 thousand and 84,000 CER credits for CZK42,287 thousand. The Company exchanged 111,474 emission allowances for 120,000 CER credits in the amount of CZK 45,192 thousand. These emissionallowances and CER credits were used as of 31 December 2008. A reserve of CZK 39,991 thousand was created for the missing allowances needed to coverthe greenhouse emission consumption.Aggregate Balance of Low Value Intangible Assets not Reported on the Balance SheetThe aggregate balance of low value intangible assets not reported on the face of the balance sheet was CZK 23,559 thousand, CZK 22,098 thousand andCZK 19,956 thousand as of 31 December 2008, 2007 and 2006, respectively.A 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 0 843