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

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5.8. Inventory (CZK thousand)Structure of inventory Balance at 31Dec2008Provisions at31 Dec2008Net balance at31 Dec2008Balance at 31Dec2007Provisions at31 Dec2007Net balance at31 Dec2007Material 3 984 395 –281 142 3 703 253 3 038 925 –164 543 2 874 382Internally produced inventory: 4 852 978 –891 962 3 961 016 3 917 510 –148 670 3 768 840Work in progress and semi-finished products 3 266 024 –732 908 2 533 116 2 400 450 –90 192 2 310 258Finished products 1 586 954 –159 054 1 427 900 1 517 060 –58 478 1 458 582Goods 12 736 –234 12 502 15 876 –2 832 13 044Prepayments 5 732 0 5 732 525 525Total 8 855 841 –1 173 338 7 682 503 6 972 836 –316 045 6 656 791(CZK thousand)Structure of inventory Balance at 31 Dec 2006 Provisions at31 Dec 2006Net balance at 31 Dec2006Material 3 066 567 –176 568 2 889 999Internally produced inventory: 3 544 825 –322 965 3 221 860Work in progress and semi-finished products 2 220 960 –211 438 2 009 522Finished products 1 323 865 –111 527 1 212 338Goods 9 811 0 9 811Prepayments 531 0 531Total 6 621 734 –499 533 6 122 2015.9. Receivables5.9.1. Long-Term Receivables (CZK thousand)Balance at 31 Dec 2008 Balance at 31 Dec 2007 Balance at 31 Dec 2006– Trade receivables 17 578 4 838 9 475– Prepayments made 1 056 765 789– Other receivables 7 030 5 418 7 819– Deferred tax asset 48 490 0 7 732Total 74 154 11 021 25 815Other receivables predominantly include loans provided to employees.Aggregate Maturities of Long-Term Trade Receivables as of 31 December 2008(CZK thousand)YearTrade receivables and Other receivables Deferred tax asset Totalprepayments made2010 720 3 640 22 422 26 7822011 2 940 1 224 26 068 30 2322012 2 896 605 0 3 5012013 6 933 563 0 7 4962014 4 865 620 0 5 486After 2014 280 378 0 657Total 18 634 7 030 48 490 74 154Long-term receivables are settled within their due terms.5.9.2. Short-Term ReceivablesAging of Short-Term Trade Receivables(CZK thousand)Year Category Before due date Past due date Total1 – 90 days 91 – 180 days 181 – 360 days 1 – 2 years 2 years andgreater2008 Short-term 2 422 765 223 055 16 247 10 842 2 667 59 778 2 735 354Provisions –10 220 –14 186 –4 885 –8 516 –2 356 –59 444 –99 607Total 2 412 545 208 869 11 362 2 326 311 334 2 635 7472007 Short-term 3 213 989 145 104 8 318 2 560 6 502 68 098 3 444 571Provisions –11 486 –41 –821 –1 241 –6 489 –67 782 –87 860Total 3 202 503 145 063 7 497 1 319 13 316 3 356 7112006 Short-term 3 199 192 139 795 9 724 6 053 5 825 90 410 3 450 999Provisions –13 339 –288 –825 –2 981 –5 825 –89 930 –113 188Total 3 185 853 139 507 8 899 3 072 0 480 3 337 811A 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 0 891
Breakdown of Short-Term Trade Receivables(CZK thousand)Balance at 31 Dec 2008 Balance at 31 Dec 2007 Balance at 31 Dec 2006– Customers 2 732 576 3 443 968 3 438 204– Bills of exchange for collection 0 0 1902– Other receivables 2 778 603 10 892– Provision –99 607 –87 860 –113 187Total 2 635 747 3 356 711 3 337 811Other Short-Term ReceivablesOther short-term prepayments made principally involve prepayments for supplied services and prepayments for fees according to the Air Protection Act.State – tax receivables principally include receivables arising from the corporate income tax and receivables arising from excessive deduction of the valueadded tax.Other receivables mainly relate to the receivable arising from unpaid dividends, loan contract and bank guarantees.Estimated receivables principally include insurance benefits.Receivables typically mature within 30 days.5.9.3. Pledged ReceivablesExisting and future receivables pledged as collateral for own payables:(CZK thousand)Receivables pledged on behalf of Receivables from Receivable balance31 Dec 2008Receivable balance31 Dec 2007Receivable balance31 Dec 2006Komerční banka, a.s. Siemens VAI MetalsTechnologies. 0 10 445 0Vesuvius Group S.A. 0 4 555 0VÚHŹ, a.s. 10 435 0 0CSOB, a.s. Edscha Bohemia 0 5 000 0Šroubárna Kyjov, spol. s r.o. 110 885 0 0VÚHŽ 4360 0 0Citibank, a.s.. Cebes a.s. 0 2 992 0Edscha Bohemia s.r.o. 0 3 898 0ED Scharvachter 0 677 0Hayes Lemmers Alukola s.r.o. 0 345 0Hoesch Schwerter Profile 0 1 387 0Ocrim Societa Per 1 Industria 0 878 0Romil s.r.o. 0 361 0V.I.P. Trading Company s.r.o. 0 362 0Železiarne Podbrezová, a.s. 0 353 0Prokop Invest, a.s. 0 170 0VÚHŽ, a.s. 5 576 0 0Total 131 256 31 423 092F 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
Page 42 and 43: 3.5. ReceivablesUpon origination, r
Page 44 and 45: 4. Additional Information on the Ba
Page 46 and 47: 4.1.3. Assets Held under Finance an
Page 48 and 49: 31 December 2007 (CZK thousand)Comp
Page 50 and 51: 31 December 2006 (CZK thousand)Comp
Page 52 and 53: 4.4.3. Intercompany ReceivablesShor
Page 54 and 55: 4.8. Reserves (CZK thousand)Reserve
Page 56 and 57: 4.9.5. Intercompany PayablesShort-T
Page 58 and 59: 4.11. Assets and Liabilities Denomi
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
Page 74 and 75: 2. Definition Of the Consolidated G
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
Page 82 and 83: 4. Analysis of Impacts on Profit/Lo
Page 84 and 85: 5. Additional Consolidated Balance
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 94 and 95: 5.9.4. Intercompany ReceivablesShor
Page 96 and 97: The reserves for repairs of tangibl
Page 98 and 99: 5.15. Deferred Tax Liability and De
Page 100 and 101: 5.17. Bank Loans and Borrowings5.17
Page 102 and 103: 5.18. Temporary Liabilities (CZK th
Page 104 and 105: 6.1.3. The Group’s Income from Or
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