annual report 2004

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A NNUAL R EPORT 2004PUBLIC POWER CORPORATION S.A.Notes to the consolidated financial statementsDecember 31, 2004(All amounts in thousands of Euro)2004 2003Fees charged to HTSO (note 2):- Transmission system fees 220,095 207,379- Administrative fees 10,745 10,253Other 72,677 73,258Total 4,095,013 3,897,51933.Payroll Cost2004 2003- Payroll cost 986,552 914,775Employers’ social contributions 304,159 281,680Less:- Capitalisation of payroll to fixed assets (137,737) (117,477)- Payroll cost included in lignite production (267,459) (257,735)Total 885,515 821,243( 156 ) C HAPTER 6A PPENDICES
A NNUAL R EPORT 2004PUBLIC POWER CORPORATION S.A.Notes to the consolidated financial statementsDecember 31, 2004(All amounts in thousands of Euro)34.Depreciation and Amortisation2004 2003- Depreciation of fixed assets (note 6) 663,776 640,837Plus:- Amortisation of software 5,057 4,488Less:- Amortisation of deferred subsidy income(note 24) (113,503) (99,674)- Depreciation included in lignite production (93,533) (97,770)Total 461,797 447,88135.Other Expenses2004 2003Transportation and travel expenses 45,922 28,346Write-off of projects in progress - 2,783Sponsorship to the Athens 2004 Olympic Games 29,938 -Other 3,433 29,254Total 79,293 60,383C HAPTER 6A PPENDICES( 157 )
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ANNUAL REPORT2004JUNE 2005
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TECHNICAL DATA 2004●●●●●
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A NNUAL R EPORT 2004SELECTED FINANC
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MESSAGE TO SHAREHOLDERS
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The business environment is becomin
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TABLE OF CONTENTSChapter Topic Page
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THE MARKET FOR OUR SHARES
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A NNUAL R EPORT 2004The chart below
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A NNUAL R EPORT 2004We are among th
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A NNUAL R EPORT 2004We have the rig
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A NNUAL R EPORT 2004Key milestones
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GEOGRAPHICAL DISTRIBUTIONOF POWER S
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A NNUAL R EPORT 2004The following p
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A NNUAL R EPORT 20042.2.3 Transmiss
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A NNUAL R EPORT 2004As at 31st Dece
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A NNUAL R EPORT 2004The power distr
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A NNUAL R EPORT 2004Residential 1,4
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A NNUAL R EPORT 2004We have reduced
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A NNUAL R EPORT 2004PPCGENERATIONIN
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A NNUAL R EPORT 2004We own our enti
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A NNUAL R EPORT 2004Address Type of
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A NNUAL R EPORT 2004Capital expendi
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A NNUAL R EPORT 20043. STRATEGY AND
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A NNUAL R EPORT 20044. DIRECTORS, M
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A NNUAL R EPORT 2004After the resig
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A NNUAL R EPORT 2004S.A. (now Vodaf
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A NNUAL R EPORT 20044.3 Corporate G
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A NNUAL R EPORT 2004Our employees r
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A NNUAL R EPORT 20044.7 Shareholdin
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A NNUAL R EPORT 2004Year ended 31st
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A NNUAL R EPORT 2004continue from p
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A NNUAL R EPORT 2004As at 31st Dece
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6. APPENDICESPublic Power Corporati
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A NNUAL R EPORT 2004AUDITORS’ REP
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A NNUAL R EPORT 2004PUBLIC POWER CO
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Page 180 and 181: A NNUAL R EPORT 2004According to ou
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Page 189: Corporate Seat: 30 Chalkokondyli St
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