Annual Report 2010 - Scana Industrier ASA

64Annual Report 2010 Scana Industrier ASAMachinery,BuildingsTangible fixed assets 31.12.09 equipment etc. and property Land TotalAcquisition costAccumulated 01.01 1 025 876 322 268 35 584 1 383 728Additions 109 474 24 520 4 043 138 037Additions from acquisition of business 3 271 582 0 3 853Translation differences -75 944 -21 952 -1 763 -99 659Disposals -27 134 -356 0 -27 490Accumulated 31.12 1 035 543 325 062 37 864 1 398 469DepreciationAccumulated 01.01 566 260 121 093 424 687 777Depreciation and write-downs for the year 47 141 8 133 126 55 400Translation differences -35 323 -8 538 -40 -43 901Disposals -22 748 -351 0 -23 099Accumulated 31.12 555 330 120 337 510 676 177Book value 31.12 480 213 204 725 37 354 722 292Depreciation period in no. of years 5 - 40 40 - 50The straight-line depreciation method has been used.Depreciation period, machinery, equipment etc.:5-10 years for office equipment, tools, vehicles and forklift trucks15-20 years for laboratory and test equipment, as well as small production equipment20-40 years for larger production machinery, electrical installations and transformersImpairment tests have been carried out on tangible fixed assets in individual companies. The impairment tests show that the present value offuture cash flows is higher than the recognised value of the assets.Tangible fixed assets are pledged to the group’s main bankers whereby there are restrictions ondisposals. This does not apply to the subsidiary Scana Leshan Machinery Co Ltd, Scana Offshore Services Inc. and Scana Zamech sp.zo.o.Book value of pledged assets is NOK 633.3 million as of 31 December 2010.Financial leasing of machines to NOK 33 million is included in tangible fixed assets as of 31 December 2010.Note 10. Staff costsStaff costs: 2010 2009Salary expenses 453 862 452 755Employer’s NI contributions 100 285 104 979Pension costs 20 777 32 122Insurance 7 723 8 529Share option programme 2 027 3 724Other staffing costs 16 725 14 428Total salary expenses 601 399 616 537Average no. of FTEsNorway 536 577Sweden 470 535China 716 754Poland 60 60Other 32 16Total average no. of FTEs 1 814 1 942