|
( x EUR 1,000 ) |
2008 |
2007 |
|
Amortisation of intangible assets |
4,934 |
3,815 |
|
Depreciation of tangible fixed assets |
64,602 |
57,599 |
|
Book profit on sale of assets |
-/- 10,041 |
- |
|
59,495 |
61,414 |
|
|
|
|
The impairments can be broken down as follows:
|
( x EUR 1,000 ) |
2008 |
2007 |
|
Penalty in respect of NorNed cable |
10,000 |
- |
|
Impairment of goodwill of APX GAS Zeebrugge B.V. |
1,678 |
- |
|
11,678 |
- |
|
|
|
|
The Office of Energy Regulation has attached conditions to the reimbursement of the costs of the NorNed cable. An initial settlement was effected in 2008. The settlement includes a penalty of EUR 10 million. This penalty has been recognised in the accounts as a depreciation of the NorNed cable.
