ANNUAL REPORT 2011 - DONG Energy
ANNUAL REPORT 2011 - DONG Energy
ANNUAL REPORT 2011 - DONG Energy
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08 Fee to auditor appointed at the Annual General Meeting<br />
DKK million <strong>2011</strong> 2010<br />
Audit fees (12) (12)<br />
Other assurance engagements (2) (1)<br />
Tax and VAT advice (7) (6)<br />
Non-audit services (30) (7)<br />
total fees to pricewaterhouseCoopers (51) (26)<br />
09 Other operating income and expenses<br />
DKK million <strong>2011</strong> 2010<br />
Gain on sale of intangible assets and property, plant and equipment 165 184<br />
Miscellaneous operating income 115 111<br />
Other operating income 280 295<br />
Loss on sale of intangible assets and property, plant and equipment (229) (46)<br />
Miscellaneous operating expenses (41) (11)<br />
Other operating expenses (270) (57)<br />
Other operating income and expenses, net 10 238<br />
The gain on sale of intangible assets and property, plant and<br />
equipment comprised primarily sale of the Gunfl eet Sands<br />
and Barrow Offshore Wind offshore wind farm transmission<br />
networks and 50% of the Walney network (Walney 1). The loss<br />
10 Government grants<br />
on sale of intangible assets and property, plant and equipment<br />
was attributable to a loss on scrapping of production assets on<br />
the Gyda oil fi eld. The gain in 2010 comprised primarily Nysted<br />
Offshore Wind Farm 1.<br />
DKK million <strong>2011</strong> 2010<br />
Government grants recognised in profi t for the year as revenue 311 315<br />
Government grants recognised in profi t for the year as other operating income 21 20<br />
Government grants recognised in the balance sheet 4 (15)<br />
Government grants recognised during the year 336 320<br />
Grants recognised as revenue related to electricity generation<br />
based on biomass and waste, and natural gas at small-scale<br />
power stations.<br />
<strong>DONG</strong> <strong>Energy</strong> also received grants for feasibility studies in<br />
connection with the establishment of installations and for<br />
the construction of facilities. Government grants received<br />
have been recognised in liabilities and transferred to other<br />
operating income as the assets to which the grants relate are<br />
depreciated.<br />
<strong>DONG</strong> ENERGY <strong>DONG</strong> ENERGY GROUP <strong>ANNUAL</strong> <strong>REPORT</strong> <strong>2011</strong> – COnsOliDatED finanCial statEmEnts<br />
85 81<br />
notes