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40. Financial instruments and risk managementINA Group & INA d.d.2007 2006Analysed as:Current part 97 77Long-term part 226 251323 32841. Events after the balance sheet dateModification of applicable laws and regulationsAs of 1 January 2008, the new regulation, Ordinance onDetermining the Prices of Oil Derivatives (Official Gazette133 27/12/2007), by which a modified component wasintroduced into the wholesale price (depending on thetype of quantities of fuel sold), as is specified further inthis Article, entered into force. Until 31 December 2007,the fee for financing the Croatian Compulsory Oil StocksAgency was equally charged for all types of fuel, at 150HRK per ton of fuel sold, and from 1 January 2008, theOrdinance stipulates that:Crosco B.V.In January 2008, Crosco d.o.o. Zagreb founded a newcompany in the Netherlands, Crosco B.V., in which it is the100% owner. The company’s business activity is provisionof services related to extraction of oil and gas, as well asleasing the equipment for the above activities.The fee is determined for financing the work of theCroatian Compulsory Oil Stocks Agency for 2008, for oilderivatives which are put on the domestic market in theperiod from 1 January 2008 to 31 December 2008, in thefollowing amounts:• 150 HRK per ton of oil derivatives under Article 12,Paragraph 1, Section I of the Act on Oil and OilDerivatives Market (hereinafter: the Act);• 190 HRK per ton of oil derivatives under Article 12,Paragraph 1, Section II of the Act on Oil and OilDerivatives Market, except for jet engine fuel;• 80 HRK per ton of oil derivatives under Article 12,Paragraph 1, Section III of the Act on Oil and OilDerivatives Market, including jet engine fuel.164 Financial report