4.b. TANGIBLE ASSETS

 

2009

Starting position

 

Changes in the year

 

 

Closing position

Historical

Accum. deprec.

Balance

Acquisitions

Reclassified

Disposals

Depreciation

Historical

Accum. deprec.

Balance

(in thousands of euro)

cost

& writedowns

31.12.2008

 

 

 

cost

acc. dep.

& writedowns

 

cost

& writedowns

31.12.2009

Land

723

--

723

 

--

--

--

--

--

 

723

--

723

Buildings

4.251

(4.116)

135

 

--

--

--

--

(6)

 

4.251

(4.122)

129

Plant and machinery

995

(892)

103

 

11

--

--

--

(66)

 

1.006

(958)

48

Other assets

4.477

(2.261)

2.216

 

62

--

--

--

(160)

 

4.539

(2.421)

2.118

Assets under construction & advance payments

--

--

--

 

--

--

--

--

--

 

--

--

--

Total

10.446

(7.269)

3.177

 

73

--

--

--

(232)

 

10.519

(7.501)

3.018

 

 

2010

Starting position

 

Changes in the year

 

 

Closing position

Historical

Accum. deprec.

Balance

Acquisitions

Reclassified

Disposals

Depreciation

Historical

Accum. deprec.

Balance

(in thousands of euro)

cost

& writedowns

31.12.2009

 

 

 

cost

acc. dep.

& writedowns

 

cost

& writedowns

31.12.2010

Land

723

--

723

 

--

--

--

--

--

 

723

--

723

Buildings

4.251

(4.122)

129

 

--

--

--

--

(6)

 

4.251

(4.128)

123

Plant and machinery

1.006

(958)

48

 

11

--

(44)

44

(38)

 

973

(952)

21

Other assets

4.539

(2.421)

2.118

 

38

--

(202)

200

(156)

 

4.375

(2.377)

1.998

Assets under construction & advance payments

--

--

--

 

--

--

--

--

--

 

 

--

--

Total

10.519

(7.501)

3.018

 

49

--

(246)

244

(200)

 

10.322

(7.457)

2.865

 

Tangible assets declined from € 3,018 thousand at December 31 2009 to € 2,865 thousand at December 31 2010.

 

 DEPRECIATION RATES

Description

 

%

Buildings and investment property

 

3,00%

Plant and machinery

10.00-25.00%

Other assets:

- Electronic office equipment

 

20.00%

- Furniture and fittings

 

12.00%

- Motor vehicles

 

25.00%