Annual report 2005 - Sava dd

a n n u a l r e p o r t | 2 0 0 5
GROSS VALUE
2 0 4 |
Movement of long-term financial investments
(SIT in thousands)
Long-term Shares
Shares and loan and Long-term
stakes of receivables stakes and loan Other
companies due long-term receivables Other long-term
in from group receivables due from long-term loan Own
the Group enterprises in associates associates shares receivables stake TOTAL
Balance at 01/01/2005 26,278,779 568,472 19,652,824 0 2,020,175 4,240 53,787 48,578,277
Increase 1,576,585 1,151,395 4,825,259 0 201,404 20 0 7,754,663
Decrease 141,421 202,461 0 0 1,137,160 98 0 1,481,140
Decrease due to received
shareholding and dividends 462 0 683,670 0 0 0 0 684,132
Transfers 0 -37,025 71,100 0 -71,100 -1,314 0 -38,339
Revaluation adjustments 0 0 0 0 0 0 0 0
Balance at 31/12/2005 27,713,481 1,480,381 23,865,513 0 1,013,319 2,848 53,787 54,129,329
VALUE ADJUSTMENT
Balance at 01/01/2005 155,044 0 0 0 108,687 0 0 263,731
Increase 0 0 71,100 0 8,279 0 0 79,379
Decrease 0 0 0 0 10,959 0 0 10,959
Transfers 0 0 0 0 0 0 0 0
Balance at 31/12/2005 155,044 0 71,100 0 106,007 0 0 332,151
NET VALUE
Balance at 01/01/2005 26,123,735 568,472 19,652,824 0 1,911,488 4,240 53,787 48,314,546
Balance at 31/12/2005 27,558,437 1,480,381 23,794,413 0 907,312 2,848 53,787 53,797,178
Long-term operating receivables
Long-term operating receivables totalling 225,063,000
tolars decreased by 22 per cent when compared to last
year. 97 per cent of long-term operating receivables
refer to long-term loans to employees for the purchase
of flats. These loans were insured by a creditor’s
mortgage on flats.
The remaining 3per cent are receivables from
scholarships and tuition fees and receivables for
deferred taxes. Receivables for deferred taxes due from
the state were formed in the amount of 3,347,000 tolars.
None of the long-term operating receivables have been
matured as yet.