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

4.14. Services (CZK thousand)31 Dec 2008 31 Dec 2007 31 Dec 2006Repairs and maintenance 1 271 277 1 103 160 1 179 781Transportation expenses 325 546 315 735 312 189Cooperation 110 498 150 340 158 832Leasing 20 141 35 168 56 649Right of use 33 028 33 030 81 245Promotion 119 598 99 202 78 836Rental, leases 91 922 98 153 100 079Cleaning services 60 296 57 798 56 550Gas and oil distribution 61 176 56 879 51 663Audit services 32 347 27 539 30 365Other services 567 566 495 754 561 139Total 2 693 395 2 472 758 2 667 328Other services primarily include security guard services, expert and consultation services, services related to the disposal and demolition of assets, leaseof facilities, training, transport and telecommunication services.4.15. Change in Reserves and Provisions Relating to Operating Activities and Complex Deferred Expenses (CZK thousand)Movements in 2008 Movements in 2007 Movements in 2006Change in the reserve under special legislation: –45 241 –144 823 –294 128– reserves for repairs –45 000 –144 750 –293 083– reserves for waste –241 –73 –1 045Change in other reserves: –88 453 201 796 104 724– reserve for contractual losses 3 221 220 955 –26 993– reserve for fidelity bonuses –292 –524 –436– reserve for liquidation 57 003 –3 429 186– reserve for removing legacy environmental burdens –186 400 0 123 400– reserve for real estate transfer tax 36 –557 286– reserve for missing emission allowances 39 987 4 0– other – 2 008 –14 653 8 281Change in complex deferred expenses 18 669 20 760 17 795Change in the provisions under special legislation –6 319 –14 776 –351 562Change in accounting provisions: 775 469 –205 922 136 335– change in provisions against receivables 454 –7 534 –36 019– change in provisions against assets –2 792 –17 594 615– change in provisions against inventory 777 807 –180 794 171 739Total 654 125 –142 965 –386 8364.16. Other Operating Income CZK thousand)31 Dec 2008 31 Dec 2007 31 Dec 2006Contractual penalties and default interest 1 220 512 1 035Recoveries of receivables written off and transferred 4 2 559 1 035Received subsidies 11 691 68 772 107 879Other operating income 1 569 804 124 277 1 865 086Total other operating income 1 582 719 196 120 1 975 035Received subsidies reflect the allowed state subsidy for operating purposes (refer to Note 4.17).As of 31 December 2008, other operating income of the Company mainly involves the release of the subsidy related to the use of greenhouse emissionallowances of CZK 1,556,241 thousand and other operating subsidies and contributions (refer to Note 4.17).4.17. SubsidiesOther subsidies for operating purposes of CZK 4,832 thousand received for the year ended 31 December 2008 (CZK 591 thousand and CZK 2,819 thousandin 2007 and 2006, respectively) included subsidies for research purposes.In addition, the Company received allowances of CZK 5,741 thousand and CZK 18,624 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.58F I N A N C I A L P A R T