Annual Report 2008
TenneT
- Consolidated balance sheet at 31 December 2008
- Consolidated profit-and-loss account for the year 2008
- Statement of changes in equity for the year 2008
- Consolidated cash flow statement for the year 2008
- General notes
- Notes to the consolidated balance sheet at 31 December 2008
- 1. Tangible fixed assets
- 2. Intangible assets
- 3. Participating interests
- 4. Financial assets
- 5. Deferred tax assets
- 6. Other receivables
- 7. Inventory
- 8. Accounts receivable and other receivables
- 9. Accounts receivable in connection with energy exchange transactions
- 10. Derivative financial instruments
- 11. Cash and cash equivalents
- 12. Non-current assets available for sale
- 13. Equity
- 14. Loans
- 15. Investment contributions
- 16. Auction receipts
- 17. Provisions
- 18. Derivative financial instruments
- 19. Deferred tax liabilities
- 20. Amounts received in advance
- 21. Bank overdrafts
- 22. Accounts payable in connection with energy exchange transactions
- 23. Securities
- 24. Accounts payable and other liabilities
- Notes to the consolidated profit-and-loss account for the year 2008
- 25. Revenue
- 26. Energy and capacity expenses
- 27. Transmission grid and system expenses
- 28. Personnel expenses
- 29. Depreciation and amortisation of assets
- 30. Other operating expenses
- 31. Finance income and expenses
- 32. Corporation tax
- 33. Profit from participating interests
- 34. Off-balance sheet rights and obligations
- 35. Events after the balance sheet date
- 36. Acquisitions
- 37. Cash flow statement
- Company balance sheet at 31 December 2008
- Company profit-and-loss account for the year 2008
- Statement of changes in equity for the year 2008
- Notes to the company balance sheet and profit-and-loss account for the year 2008
- 38. Principles governing the valuation of assets and liabilities and the determination of results
- 39. Investments in group companies
- 40. Minority participating interests
- 41. Derivative financial instruments
- 42. Receivables from group companies
- 43. Equity
- 44. Loans
- 45. Bank overdrafts
- 46. Liabilities payable to group companies
- 47. Share in the results of participating interests
- 48. Affiliated entities
- Other information
- Auditor’s report
Company balance sheet at 31 december 2008 before profit appropriation( x EUR 1,000 ) |
|
ASSETS |
Ref. |
31 December 2008 |
31 December 2007 |
||
|
NON-CURRENT ASSETS |
|||||
|
Investments in group companies |
594,446 |
589,592 |
|||
|
Minority participating interests |
900 |
2,040 |
|||
|
Receivables from group companies |
83,123 |
31,027 |
|||
|
|
|
||||
|
678,469 |
622,659 |
||||
|
CURRENT ASSETS |
|||||
|
Receivables |
|||||
|
Accounts receivable and other receivables |
119 |
37 |
|||
|
Derivative financial instruments |
3,493 |
- |
|||
|
Receivables from group companies |
12,995 |
360 |
|||
|
|
16,607 |
|
397 |
||
|
Cash and cash equivalents |
3,858 |
19,131 |
|||
|
698.934 |
642.187 |
||||
|
|
|
||||
|
LIABILITIES |
Ref. |
31 December 2008 |
31 December 2007 |
||
|
Equity |
|||||
|
Share capital |
100,000 |
100,000 |
|||
|
Revaluation reserve |
149,152 |
159,729 |
|||
|
Hedging reserve |
-/- 1,476 |
2,355 |
|||
|
Reserve for exchange rate differences |
-/- 3,417 |
-/- 796 |
|||
|
Retained earnings |
357,475 |
324,847 |
|||
|
Reserve for participating interests |
4,899 |
4,021 |
|||
|
Profit for the year |
51,801 |
49,051 |
|||
|
|
|
||||
|
658,434 |
639,207 |
||||
|
Non-current liabilities |
|||||
|
Derivative financial instruments |
- |
240 |
|||
|
|
- |
|
240 |
||
|
Current liabilities |
|||||
|
Loans |
10,000 |
- |
|||
|
Bank overdrafts |
23,985 |
- |
|||
|
Liabilities payable to group companies |
1,051 |
1,979 |
|||
|
Corporation tax |
1,711 |
- |
|||
|
Derivative financial instruments |
3,493 |
70 |
|||
|
Accounts payable and other liabilities |
260 |
691 |
|||
|
|
|
||||
|
40,500 |
2,740 |
||||
|
698,934 |
642,187 |
||||
|
|
|
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