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

The tables of movements within intangible fixed assets include the column new acquisition relating to the expansion of the consolidated group to includeŠroubárna Kyjov, spol. s r.o. and D5, akciová společnost, in 2008 and H&S PROGRESS s.r.o., VÚHŽ a.s., VÚHŽ NEMO a.s. and ROLLSERVIS a.s. in 2007.Additions to and disposals of intangible fixed assets predominantly include the allocation and consumption of greenhouse emission allowances.Amortisation of Intangible Fixed Assets Charged to ExpensesAmortisation of intangible fixed assets amounted to CZK 20,542 thousand, CZK 26,203 thousand and CZK 21,333 thousand as of 31 December 2008, 2007and 2006, respectively.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 32,577 thousand, CZK 28,542 thousand andCZK 21,050 thousand as of 31 December 2008, 2007 and 2006, respectively. With effect from 2002, the Group decided not to report these assets on thebalance sheet.5.2. Tangible Fixed AssetsCostBalance at1 Jan 2006Additions Disposals Balance at New31 Dec acquisition2006Additions(CZK thousand)DisposalsLand 360 307 238 1 046 359 499 30 106 23 582Structures 7 272 828 326 040 35 403 7 563 465 147 132 244 670 40 096Individual movable assets 20 248 144 865 525 318 986 20 794 683 162 760 1 222 596 303 736Other tangible FA 2 214 110 2 104 1 155 16 0Tangible FA under construction 489 808 1 637 045 1 207 836 919 017 5 687 1 525 694 1 435 575Prepayments 63 253 397 506 269 269 191 490 8 652 412 205 395 058Valuation difference on acquired assets –2 693 0 0 –2 693 0 0 0Total 28 433 861 3 226 354 1 832 650 29 827 565 355 492 3 405 204 2 175 047Balance at New31 Dec acquisition2007(CZK thousand)Additions Disposals Balance at31 Dec2008Land 389 046 75 810 2 647 5 166 462 337Structures 7 915 171 373 805 455 968 170 997 8 573 947Individual movable assets 21 876 303 635 501 2 126 119 311 188 24 326 737Other tangible FA 3 275 307 66 275 3 373Tangible FA under construction 1 014 823 9 267 2 722 402 2 748 159 998 333Prepayments 217 289 3 649 561 538 687 505 94 970Valuation difference on acquired assets –2 693 –11 2693 –11 0Total 31 413 214 1 098 328 5 871 433 3 923 279 34 459 697Accumulated Depreciation and ProvisionsBalance at1 Jan 2005Additions Disposals Balance Newat 31 Dec acquisition2006Additions(CZK thousand)DisposalsLand 0 0 0 0 0 0 0Structures 3 572 965 209 850 42 004 3 740 811 40 568 214 704 61 641Individual movable assets 12 385 810 1 090 962 322 870 13 153 902 105 364 1 201 538 310 708Other tangible FA 199 75 88 186 3 54 0Tangible FA under construction 3 213 613 2 017 1 809 485 2 277 45Valuation difference on acquired assets –2 154 –180 0 –2 334 0 –179 0Total 15 960 033 1 301 320 366 979 16 894 374 146 420 1 418 394 372 394Balance at New31 Dec acquisition2007(CZK thousand)Additions Disposals Balance at31 Dec2008Land 0 0 0 0 0Structures 3 934 442 195 968 267 066 185 543 4 211 933Individual movable assets 14 150 096 295 600 1 297 874 339 415 15 404 155Other tangible FA 243 184 33 188 272Tangible FA under construction 4 526 0 36 213 624 40 115Valuation difference on acquired assets –2 513 0 3 641 1 128 0Total 18 086 794 491 752 1 604 827 526 898 19 656 47584F I N A N C I A L P A R T