Tiscali 2013 Annual Report Download - page 90

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Annual financial report as at 31 December 2013
Date
File Name
Status
Page
-
Annual Report as at 31
December 2013
90
The item “Computers, software and development costs” included the capitalisation of development
costs for applications software personalized for the exclusive use of the Group.
The balance of “Concessions and similar rights”, amounting to EUR 42.7 million, includes EUR 33.7
million relating to rights and costs connected with the acquiring of conveying ability, on a long-term
basis, in the shape of concession contracts for the use of the same (IRU/Indefeasible Rights of Use),
licences and software for EUR 7 million and EUR 2.1 million for patents. The overall increase of EUR
3.7 million is attributable to software licences for EUR 3.2 million and patents for EUR 0.5 million.
The item Broadband service activation costs, equalling EUR 23.5 million, includes EUR 16.5 million for
the acquisition and activation costs of customers concerning the ADSL service.
Other intangible fixed assets, amounting to EUR 0.8 million include investments relating to the MVNO
project for EUR 0.1 million.
Intangible assets in course of construction and prepayments amounted to EUR 0.7 million and include
software development projects not yet completed at 31 December 2013.
Reclassifications, amounting to EUR 0.7 million, concern the allocation to the category “Concessions
and similar rights” of intangible assets entering service during 2013.
Property, plant and equipment (note 14)
Changes during the financial year are shown in the following table:
Tangible assets
Properties
Plant and
machinery
Other
tangible
assets
Tangible
assets in
course of
construction
Total
(EUR 000)
HISTORIC COST
1 January 2013
64,260
262,584
5,093
1,486
333,423
Increases
2,726
69
852
3,648
Other changes
Reclassifications
1,530
(1,530)
31 December 2013
64,260
266,840
5,162
809
337,071
ACCUMULATED DEPRECIATION
1 January 2013
13,728
221,645
3,277
238,650
Increases in depreciation
1,867
11,294
381
13,541
Other changes
Reclassifications
(54)
(54)
31 December 2013
15,595
232,885
3,657
252,137
NET VALUE
31 December 2012
50,532
40,939
1,816
1,486
94,773
31 December 2013
48,665
33,956
1,504
809
84,934