C Si Ni Cr V Ti Ta Sc Li Sr Zr Fe Cu Zn Sn B Al Ce U Mn Mo Nb Sb

3. Intangible assets
Intangible assets include computer equipment and software licenses. They are carried at amortized cost and are
amortized over their anticipated useful life.
Cost
Balance January 1, 2009 –
Additions 406
Balance at December 31, 2009 406
Balance January 1, 2010 406
Additions 13
Balance at December 31, 2010
Amortization
419
Balance at January 1, 2009 –
Amortization (112)
Balance at December 31, 2009 (112)
Balance January 1, 2010 (112)
Amortization (100)
Balance at December 31, 2010 (212)
At January 1, 2009 –
At December 31, 2009 294
At January 1, 2010 294
At December 31, 2010 207
4. Financial Fixed Assets
Investments in Subsidiaries
The movement in subsidiaries was as follows:
Investment in
subsidiaries
Provision for negative
participation Total
Balance at January 1, 2009 181,854 (111,984) 69,870
Investment in companies 35,444 – 35,444
Recapitalization of companies (57,912) – (57,912)
Subsidiary options 10,020 – 10,020
Loss for the period (29,715) – (29,715)
Deferred gains on derivatives 13,455 – 13,455
Other (323) – (323)
Currency translation adjustment 5,660 – 5,660
Reclass to associate (42,876) – (42,876)
Balance at December 31, 2009
Reclassification for provision for negative participation:
115,607 (111,984) 3,623
Provision for negative participation 31,810 (31,810) –
Balance at December 31, 2009 147,417 (143,794) 3,623
Balance at January 1, 2010 147,417 (143,794) 3,623
Investment in companies 2,659 – 2,659
Subsidiary options 2,836 – 2,836
Profit for the period 22,205 – 22,205
Deferred gains on derivatives 1,865 – 1,865
Other (8) – (8)
Currency translation adjustment 6,297 – 6,297
Balance at December 31, 2010
Reclassification for provision for negative participation:
183,271 (143,794) 39,477
Provision for negative participation (29,943) 29,943 –
Balance at December 31, 2010 153,328 (113,851) 39,477
Parent Company Financial Statements 141