6.2 Property, plant and equipment

Property, plant and equipment

 

 

 

 

in EUR

 

Land

Buildings

Equipment

TOTAL

COST

 

 

 

 

As at 1 January 2010

20,199,397

121,505,885

73,210,759

214,916,041

  - acquisition

1,873,808

9,923,727

11,249,556

23,047,091

  - disposal

-2,267,093

-2,550,813

-12,751,922

-17,569,828

  - exchange rate differences

-39,389

-379,242

-161,084

-579,715

As at 31 December 2010

19,766,723

128,499,557

71,547,309

219,813,589

  - acquisition

32,200

1,900,225

4,380,903

6,313,328

  - disposal

-1,741,973

-1,523,855

-4,141,181

-7,407,009

  - changes of the Group

-5,511,130

1,342,214

0

-4,168,916

  - other changes

-4,796,910

-8,923,418  -578,426 -14,298,754

  - exchange rate differences

-42,653

-334,112

28,185

-348,580

As at 31 December 2011

13,217,387

123,677,099

71,236,790

208,131,276

ACCUMULATED DEPRECIATION

 

 

 

 

As at 1 January 2010

0

-24,774,939

-57,245,820

-82,020,759

  - depreciation for the current year

0

-3,014,197

-6,668,648

-9,682,845

  - disposals

0

2,199,612

12,142,504

14,342,116

  - exchange rate differences

0

14,043

84,519

98,562

As at 31 December 2010

0

-25,575,481

-51,687,445

-77,262,926

  - depreciation for the current year

0

-2,309,045

-6,342,823

-8,651,868

  - disposal 

0

605,437

3,869,404

4,474,841

  - other changes

0

892,534

568,858

1,461,392

  - exchange rate differences

0

-14,035

-35,223

-49,258

As at 31 December 2011

0

-25,697,446

-53,625,147

-79,322,593

CARRYING AMOUNT

 

 

 

 

As at 31 December 2010

19,766,723

102,924,076

19,859,864

142,550,663

As at 31 December 2011

13,217,387

97,979,653

17,611,646

128,808,686

 

Documents

 
 
 

An increae in value of buildings due to changes of the Group represents value of the buildings of the group entity Pista d.o.o., Beograd. For the explanation of other changes see Section 6.3 Investment property.

Property, plant and equipment pledged as collateral by the Group as at 31 December 2011 amounted to EUR 4,838,415 (vs. EUR 23,875,547 as at 31 December 2010). The statutory limitation on the Group's property, plant and equipment as at 31 December 2011 was EUR 7,334,541 (vs. EUR 25,621,629 as at 31 December 2010).

As at 31 December 2011, trade payables for property, plant and equipment amounted to EUR 638,775 (vs. EUR 99,376 as at 31 December 2010).

The depreciation charge for the current year is disclosed in several items of the income statement, as income statement expenses are presented by functional group, as described in Section 2.28 Main accounting Policies. For details, see expenses by nature and function in Section 7.11 Acquisition costs and other operating expenses.

As at 31 December 2011, property, plant and equipment under financial lease totalled EUR 12,348,365 (vs. EUR 11,726,498 as at 31 December 2010).

 
 
 
 
 
 
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