Annual report - HSE

in €
Intangible assets Emission coupons Other long-term property rights TOTAL
Cost as at 01/01/2011 5,371,887 4,730,745 10,102,632
Acquisitions 27,377,412 286,674 27,664,086
Disposals -14,767,921 0 -14,767,921
Cost as at 31/12/2011 17,981,378 5,017,419 22,998,797
Written-down value as at 01/01/2011 1,053,775 2,660,175 3,713,950
Amortisation 0 449,837 449,837
Impairments -1,053,775 0 -1,053,775
Written-down value as at 31/12/2011 0 3,110,012 3,110,012
Carrying amount as at 01/01/2011 4,318,112 2,070,570 6,388,682
Carrying amount as at 31/12/2011 17,981,378 1,907,407 19,888,785
in €
Intangible assets Emission coupons Other long-term property rights TOTAL
Cost as at 01/01/2012 17,981,378 5,017,419 22,998,797
Acquisitions 7,695,201 378,021 8,073,222
Disposals -3,856,427 0 -3,856,427
Cost as at 31/12/2012 21,820,152 5,395,440 27,215,592
Written-down value as at 01/01/2012 0 3,110,012 3,110,012
Amortisation 0 452,299 452,299
Written-down value as at 31/12/2012 0 3,562,311 3,562,311
Carrying amount as at 01/01/2012 17,981,378 1,907,407 19,888,785
Carrying amount as at 31/12/2012 21,820,152 1,833,129 23,653,281
Property, plant and equipment (2)
in €
Property, plant and equipment 31 December 2012 31 December 2011
Buildings 1,434,579 1,469,574
Production equipment 116,849 121,930
Other equipment 3,001,999 4,099,328
Property, plant and equipment being acquired 7,753,775 7,141,996
Property, plant and equipment 12,307,202 12,832,828
Annual Report HSE 2012
4 Financial Report of the company HSE
128
The company’s property, plant and equipment include business premises, solar power
plant, other equipment and investment in the construction of HPPs on the middle Sava
River.
In 2012, the company reviewed useful life of its relevant equipment and determined
that useful life of some property, plant and equipment changed with respect to previous
estimates. As a result of extended useful life, the depreciation charge in 2012 amounted to
EUR 254,931, which is EUR 68,573 more than the depreciation of the initially determined
useful life.
The company does not have any item of property, plant and equipment under mortgage
or finance lease.