Annual report - HSE

Changes in deferred tax assets in 2012 amounted to EUR -1,308,125, and were disclosed
in the amount of EUR -1,362,575 in the consolidated income statement and in the amount
of EUR 54,450 in equity.
The amount of deferred tax assets eliminated in consolidation totalled EUR 3,281,835.
Changes in deferred tax assets Provisions Impairment Amortisation/ Other TOTAL
Depreciation
Balance as at 01/01/2011 6,586,063 460,360 267,666 2,845,408 10,159,497
In debit/(credit) of profit or loss -221,167 114,103 -17,334 -4,784 -129,182
In debit/(credit) of other comprehensive income 0 0 0 744,532 744,532
Balance as at 31/12/2011 6,364,896 574,463 250,332 3,585,156 10,774,847
Balance as at 01/01/2012 6,364,896 574,463 250,332 3,585,156 10,774,847
In debit/(credit) of profit or loss -2,325,207 161,043 10,857 790,732 -1,362,575
In debit/(credit) of other comprehensive income 0 0 0 54,450 54,450
Balance as at 31/12/2012 4,039,689 735,506 261,189 4,430,338 9,466,722
in €
Inventories (5)
in €
Inventories 31 December 2012 31 December 2011
Spare parts and materials 23,001,935 22,614,188
Unfinished production 52,536 59,922
Finished products and merchandise 10,859,251 10,503,214
TOTAL 33,913,722 33,177,324
The majority of the Group’s inventories include spare parts, materials and finished products.
The largest amount in the inventories of spare parts and materials is represented by
inventories of spare parts and materials for maintenance, which are necessary for fast
repair of defects of production equipment and thus ensuring reliable production, inventory
of coal and heating oil.
Inventories of products mostly consist of coal, where an impairment of inventories was
made due to an excessive carrying amount relative to the net realisable value in the
amount of EUR 1,284,768.
In case of other inventories, net realisable value is not lower than the carrying amount.
No inventories have been used as collateral.
in €
Inventory surpluses and deficits 31 December 2012 31 December 2011
Inventory surpluses 12,705 43,039
Inventory deficits -6,035 -70,855
5 Financial Report of HSE Group
Annual Report HSE 2012
190
TOTAL 6,670 -27,816