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

31 December 2006 (CZK thousand)Company’s name Cost NominalvalueNumberof sharesOwnership%EquityAccountingprofit/lossGain orloss fromrevaluationFairvalueFinancialrevenuesfor theyearHRAT, s.r.o., Třinec 50 50 – 11.63 1 013 326 –50 0 0KPM CONSULT, a.s., Brno 100 100 10 10.00 9 910 1 730 0 100 0ACRI, Praha 20 20 – 2.33 1 271 488 –20 0 0Total 170 –70 100 04.2.4. Other Non-Current Financial Assets31 December 2008 (CZK thousand)Investment Cost Descriptionof investment/collateralTerm deposit 20 198 Bank guaranteecollateralProvision Financial revenue forthe period to 31 Dec20080 79531 December 2007 (CZK thousand)Investment Cost Descriptionof investment/collateralTerm deposit 19 965 Bank guaranteecollateralProvision Financial revenue forthe period to 31 Dec20070 76931 December 2006 (CZK thousand)Investment Cost Descriptionof investment/collateralTerm deposit 20 621 Bank guaranteecollateralMajor additions to non-current financial assets as of 31 December 2008 include:– Increase in the share capital in Strojírny Třinec, a.s. of CZK 65,000 thousand;– Acquisition of the 100 percent equity investment in Šroubárna Kyjov, spol. s r. o;– Acquisition of the 100 percent equity in D 5, joint stock company, Třinec,– Formation of Moravia Security, a.s., with TŽ as the sole owner;– Formation of Soukromá střední škola Třinec, s.r.o., with TŽ as the sole owner; and– Acquisition of the 45 percent equity investment in “ZAMECZEK BŁOGOCICE“ Spółka z ograniczoną odpowiedzialnością.Provision Financial revenue forthe period to 31 Dec20060 519Major disposals of non-current financial assets as of 31 December 2008 include the write-off of the equity investment in MS-UNIKOV Ostrava, s.r.o. Theentity was dissolved following the removal from the Register of Companies due to the completion of the bankruptcy proceedings following the fulfilmentof the asset allocation resolution.4.2.5. Non-current Financial Assets Pledged as CollateralThe Company has no non-current financial assets pledged as collateral.4.3. Inventory (CZK thousand)Structure of inventoryBalance at31 Dec 2006Provisions at31 Dec 2006Balance at31 Dec 2007Provisions at31 Dec 2007Balance at31 Dec 2008Provisions at31 Dec 2008Raw material 1 670 736 –1 950 1 414 457 –1 153 2 159 597 –13 050Spare parts 668 680 –136 612 697 354 –137 004 760 284 –186 396Technical and overhead material, goods 117 609 – 746 163 290 –3 788 161 554 –1 057Internally produced inventory:– Work in progress– Semi-finished products– Finished products3 029 96821 6271 894 4941 113 847–318 3330–208 666–109 6673 213 57419 7871 943 6721 250 115–134 9020–80 952–53 9503 974 83022 8352 807 0701 144 925–854 1510–721 890–132 261Prepayments 168 0 25 0 5 420 0Total 5 487 161 –457 641 5 488 700 –276 847 7 061 685 –1 054 654A 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 0 849