Annual report 2005 - Sava dd
Annual report 2005 - Sava dd
Annual report 2005 - Sava dd
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a n n u a l r e p o r t | 2 0 0 5<br />
1 7 4 |<br />
Movement of deferred tax liability:<br />
(SIT in thousands)<br />
<strong>2005</strong> 2004<br />
Initial balance 3,058,867 1,420,237<br />
Increase in liability in foreign subsidiaries 1,117 10,189<br />
Increase of deferred tax assets according to Slovene Accounting Standards -39,275 0<br />
Change in liability due to revaluation of securities to fair value -1,215,137 1,633,474<br />
Decrease in receivables for provisions for retirement pay 2,667 7,142<br />
Increase in receivables for forming provisions for retirement pay -23,538 -12,175<br />
Total 1,784,701 3,058,867<br />
26. Interest-bearing borrowings<br />
The explanation below provides information as to the<br />
terms and conditions for granted loans. More<br />
NON-CURRRENT BORROWINGS<br />
information about the company's exposure to interest<br />
and exchange rate risk is contained in item 9 of the<br />
<strong>Annual</strong> Report.<br />
(SIT in thousands)<br />
<strong>2005</strong> 2004<br />
Borrowings with domestic banks 12,757,339 8,726,011<br />
Borrowings with foreign banks 1,242,740 2,376,157<br />
Borrowings with others 480,294 596,387<br />
Total non-current borrowings 14,480,373 11,698,555<br />
CURRENT BORROWINGS<br />
Current portion in non-current borrowings with banks 3,759,652 7,526,127<br />
Current borrowings with domestic banks 26,763,103 15,491,611<br />
Current borrowings with others 120,100 119,535<br />
Total current borrowings 30,642,855 23,137,273<br />
Total borrowings 45,123,228 34,835,828
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