|
ASSETS |
Ref. |
31 December 2008 |
31 December 2007 |
||
|
NON-CURRENT ASSETS |
|||||
|
Tangible fixed assets |
1,469,998 |
1,263,001 |
|||
|
Intangible assets |
46,534 |
13,738 |
|||
|
Participating interests |
11,779 |
- |
|||
|
Financial assets |
31,485 |
43,721 |
|||
|
Deferred tax assets |
55,839 |
50,117 |
|||
|
Other receivables |
12,075 |
11,709 |
|||
|
|
|
||||
|
1,627,710 |
1,382,286 |
||||
|
CURRENT ASSETS |
|||||
|
Inventory |
1,216 |
1,710 |
|||
|
Receivables |
|||||
|
Accounts receivable and other receivables |
193,841 |
123,564 |
|||
|
Accounts receivable in connection with energy exchange transactions |
|
223,338 |
144,196 |
||
|
Corporation tax |
2,712 |
3,190 |
|||
|
Derivative financial instruments |
1,101 |
1,375 |
|||
|
|
|
||||
|
420,992 |
272,325 |
||||
|
Financial assets |
81,000 |
14,500 |
|||
|
Cash and cash equivalents |
|||||
|
Collateral securities |
532,665 |
551,468 |
|||
|
Deposits |
99,850 |
375,700 |
|||
|
Cash at banks |
117,733 |
309,641 |
|||
|
|
|
||||
|
750,248 |
1,236,809 |
||||
|
Non-current assets available for sale |
5,320 |
5,320 |
|||
|
|
|
||||
|
2,886,486 |
2,912,950 |
||||
|
|
|
||||
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
Consolidated balance sheet at 31 December 2008( x EUR 1,000 ) |
The balance sheet total includes an amount of EUR 1,094,504 (2007: EUR 1,432,829)
that relates to assets not at the Group’s free disposal (see Financial Risk Management).
| LIABILITIES | Ref. | 31 December 2008 | 31 December 2007 | ||||
|
Equity |
|||||||
|
Share capital |
100,000 |
100,000 |
|||||
|
Hedging reserve |
-/- 1,476 |
2,355 |
|||||
|
Reserve for exchange rate differences |
-/- 3,439 |
-/- 817 |
|||||
|
Retained earnings |
561,371 |
537,669 |
|||||
|
|
|
||||||
|
Equity attributable to shareholder |
656,456 |
639,207 |
|||||
|
Minority interest |
8,946 |
6,385 |
|||||
|
|
|
||||||
|
665,402 |
645,592 |
||||||
|
Non-current liabilities |
|||||||
|
Loans |
220,000 |
280,420 |
|||||
|
Investment contributions |
356,471 |
69,543 |
|||||
|
Auction receipts |
234,371 |
122,266 |
|||||
|
Provisions |
105,370 |
75,350 |
|||||
|
Derivative financial instruments |
- |
1,747 |
|||||
|
Deferred tax liabilities |
4,285 |
1,139 |
|||||
|
|
|
||||||
|
920,497 |
550,465 |
||||||
|
Current liabilities |
|||||||
|
Investment contributions |
10,437 |
3,137 |
|||||
|
Auction receipts |
- |
318,000 |
|||||
|
Amounts received in advance |
31,427 |
247,939 |
|||||
|
Provisions |
21,453 |
1,664 |
|||||
|
Loans |
210,000 |
50,000 |
|||||
|
Bank overdrafts |
100,629 |
266,677 |
|||||
|
Accounts payable in connection with energy exchange transactions |
|
222,980 |
144,208 |
||||
|
Liabilities relating to collateral securities |
532,665 |
551,468 |
|||||
|
Accounts payable and other liabilities |
159,940 |
131,280 |
|||||
|
Corporation tax |
2,129 |
2,330 |
|||||
|
Derivative financial instruments |
8,927 |
190 |
|||||
|
|
|
||||||
|
1,300,587 |
1,716,893 |
||||||
|
|
|
||||||
|
2,886,486 |
2,912,950 |
||||||
|
|
|
||||||
|
|