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Annual Report 2004

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Equipment developed as follows:<br />

Cost incurred until Dec. 31, 2003<br />

EUR million<br />

96.596<br />

Purchases in <strong>2004</strong><br />

Sales in <strong>2004</strong> (at cost)<br />

10.112<br />

23.072 1<br />

Accumulated depreciation 57.431<br />

Book value on Dec. 31, <strong>2004</strong> 26.205<br />

Book value on Dec. 31, 2003 28.081<br />

<strong>Annual</strong> depreciation in <strong>2004</strong> 11.910<br />

1<br />

The balance between the book value of the sales and the underlying<br />

historical costs is EUR 0.078 million.<br />

Tangible real assets worth EUR<br />

36.096 million represent the OeNBÕs<br />

collection of antique string instruments,<br />

which it started to acquire<br />

in 1989, and coins purchased for<br />

the Money MuseumÕs Coin Collection<br />

(EUR 0.481 million). The coin<br />

purchases include a 1,000 fine ounce<br />

gold bullion Vienna Philharmonic<br />

coin acquired from Mu‹nze O‹ ster-<br />

reich Aktiengesellschaft. Mu‹nze O‹ sterreich<br />

Aktiengesellschaft minted<br />

15 of these coins to commemorate<br />

the 15 th anniversary of the first issue<br />

of the Vienna Philharmonic gold bullion<br />

coin.<br />

On December 31, <strong>2004</strong>, the<br />

OeNBÕs collection of valuable instruments<br />

encompassed 26 violins, 5 violoncellos<br />

and 3 violas. These instruments<br />

are on loan to musicians<br />

deemed worthy of special support.<br />

Intangible fixed assets (residence<br />

rights) developed as follows:<br />

EUR million<br />

Cost incurred until Dec. 31, 2003 0.720<br />

Purchases in <strong>2004</strong> —<br />

Sales in <strong>2004</strong> —<br />

Accumulated depreciation 0.077<br />

Book value on Dec. 31, <strong>2004</strong> 0.643<br />

Book value on Dec. 31, 2003 0.658<br />

<strong>Annual</strong> depreciation in <strong>2004</strong> 0.015<br />

Financial Statements<br />

<strong>Annual</strong> <strong>Report</strong> <strong>2004</strong> ×<br />

99

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