Business Report 2005 - Interseroh

Secondary raw materials 2004/2005 including steel and
metal recycling
2004 2005
Total volume in t Total volume in t
Wastepaper 1,119,400 1,104,900
Old wood 635,400 649,700
Plastics 106,100 123,900
Kraft paper bags 14,800 15,800
Scrap metal 109,400 134,600
Scrap steel 3,650,700 3,127,600
Composites 49,600 27,900
Other secondary raw materials 16,700 14,100
5. Investments Up
The current investments for the financial year totalled EUR 28.07 million (previous year: EUR 13.64
million), consisting mostly of accruals to property, plants and equipment at EUR 21.91 million
(previous year: EUR 12.29 million), especially land and buildings at EUR 4.34 million, technical
equipment and machinery at EUR 4.95 million and other facilities, fittings and equipment at EUR 4.66
million. Advances to suppliers and investments in construction amounted to EUR 7.97 million,
primarily for alterations to various sites and the construction of large mechanical plants.
The accruals to intangible assets totalled EUR 3.84 million, mainly for the costs of EUR 1.57
million incurred by the closing date for software that is to be introduced group-wide and goodwill of
EUR 1.55 million.
The accruals to at-equity participations of EUR 0.2 million resulted from the transformation of a
shareholder’s loan to equity.
Investments in the field of long-term financial assets mounted to EUR 2.12 million in the year
under review. Contained in this amount are EUR 0.95 million as the share of a group company not yet
consolidated as of 31 December 2005. Also included are accruals in the field of long-term loans to
affiliated and associated companies not yet consolidated and to external third parties totalling EUR
1.01 million.
The services and raw materials segment accounted for EUR 14.19 million of the current
investments. The investments in intangible assets of EUR 1.94 million went primarily on the
implementation of new software, for which advances of EUR 1.36 million were paid in 2005. A total of
EUR 10.44 million was invested in fixed assets. The accruals in the field of fixed assets fell mainly on
advances to suppliers and investments in construction of EUR 5.47 million, of which EUR 4.89 million
were spent on alterations to a site belonging to INTERSEROH Holzkontor NRW and on technical
equipment and machinery as well as other facilities, fittings and equipment at EUR 3.08 million and
EUR 1.84 million respectively.
The accruals in the field of long-term financial assets of EUR 1.80 million comprised mainly
the purchase of the shares of a subsidiary company not consolidated in 2005 (EUR 0.95 million), longterm
loans to unconsolidated affiliated companies (EUR 0.40 million) and long-term loans to external
third parties (EUR 0.38 million).
The steel and metal recycling segment accounted for EUR 13.88 million. The accruals in
intangible assets of EUR 1.81 million comprised mainly goodwill of EUR 1.47 million resulting from the
acquisition of three metal recycling plants and the costs of EUR 0.21 million for the implementation of
new software. A total of EUR 11.47 million was invested in property, plants and equipment, EUR 4.29
million of which in land and buildings, EUR 1.86 million in technical equipment and machinery as well
as EUR 2.82 million in other facilities, fittings and equipment. The advances to suppliers and
investments in construction totalling EUR 2.50 million were spent primarily on two scrap cutters and a
recycling plant.
The accruals in the field of long-term financial assets of EUR 0.40 million comprised mainly
long-term loans to associated companies at EUR 0.23 million.
17