Annual report 2005 - Sava dd

| notes to the consolidated financial statements in accordance with IFRS |
9. Net financing income
NET FINANCING INCOME 2005
(SIT in thousands)
2004
Net gain on disposal of equity securities 4,792,718 6,122,693
Dividends and shares in income 492,590 97,613
Interest income 344,370 286,250
Net exchange gains 110,780 105,063
Others 114,085 378,353
Total financing income 5,854,543 6,989,972
Interest expenses -1,463,187 -1,460,343
Impairment of equity securities -476,294 -1,163,814
Exchange losses -41,842 -252,925
Net loss on disposal of investments -56,847 -69,305
Others -31,917 -111,067
Total financing expenses -2,070,087 -3,057,454
Net financing income 3,784,456 3,932.518
Income tax expense recognised in the income statement:
INCOME TAX EXPENSES 2005
(SIT in thousands)
2004
Income tax expenses recognised in the income statement:
Assessed tax in the current year
- for the current year -1,312,485 -865,737
- adjustment for previous years 0 0
Total -1,312,485 -865,737
DEFERRED TAX
- recently arisen and withdrawn temporary differences 60,146 5,033
- effect by applied tax losses 0 0
Total 60,146 5,033
Tax to the credit/debit of the income statement -1,252,339 -860,704
1 6 1 |
10. Share of profit in associates
Income from share of profit in associates refers to
Gorenjska Banka d.d. Kranj and was realised in the
amount of 4,692,039,000 tolars, which is 20.5 per cent
more than last year. The amount of 1,361,350,000 tolars
11. Income tax expenses
was paid as dividends, the remaining 3,330,689,000
tolars, or 79.5 per cent, are due to the rest of the
attributable profit of Gorenjska Banka d.d. for 2005
considering the equity method.