- Annual report 2008/2009
-
Annual report 2009
- 2009 in brief
- President’s comments
- Hemtex share
- Presentation of business operations
- Board of Directors’ report
- Income statements
- Balance sheets
- Changes in consolidated shareholders’ equity
- Changes in Parent Company shareholders’ equity
- Cash-flow statements
-
Notes
- Note 1 - Accounting principles
- Note 2 - Segment reporting
- Note 3 - Other operating income
- Note 4 - Employees and personnel costs
- Note 5 - Fees to auditors
- Note 6 - Depreciation/amortization and impairment of tangible and intangible fixed assets
- Note 7 - Exchange-rate differences that affected profits
- Note 8 - Net financial items
- Note 9 - Appropriations
- Note 10 - Taxes
- Note 11 - Earnings per share
- Note 12 - Intangible fixed assets
- Note 13 - Tangible fixed assets
- Note 14 - Financial fixed assets
- Note 15 - Deferred tax assets/deferred tax liabilities
- Note 16 - Prepaid expenses and accrued income
- Note 17 - Shareholders’ equity
- Note 18 - Untaxed reserves
- Note 19 - Liabilities to credit institutions
- Note 20 - Overdraft facilities
- Note 21 - Derivative assets/derivative liabilities
- Note 22 - Accrued expenses and deferred income
- Note 23 - Pledged assets
- Note 24 - Contingent liabilities
- Note 25 - Leasing fees relating to operational leasing
- Note 26 - Adjustments for non-cash flow items
- Note 27 - Transactions not entailing payment
- Note 28 - Paid interest
- Note 29 - Acquisition of subsidiaries/operations
- Note 30 - Financial risks and risk policies
- Note 31 - Transactions with related parties
- Note 32 - Events after the closing date
- Note 33 - Important estimates and assessments
- Note 34 - Proposed dividend to shareholders
- Note 35 - Information about the Parent Company
- Proposed distribution of earnings
- Audit report
- Nine-year summary
- Board of Directors
- Corporate Governance
- Management
- Hemtex stores
- Information about the AGM
- Annual reports archive
- Annual Report 2010
- Annual Reports archive
Note 14 - Financial fixed assets
| Participations in Group company | Parent Company | ||
| 2007/08 | 2008/09 | 2009* | |
| Opening cost | 208,422 | 50,904 | 54,665 |
| Acquisitions for the year | 966 | 3,761 | 12,010 |
| Sales | — | — | — |
| Eliminated through merger | – 158,484 | — | — |
| Closing accumulated costs | 50,904 | 54,665 | 66,675 |
| Opening impairments | – 26,598 | – 26,598 | – 26,598 |
| Impairments for the year | — | — | – 35,246 |
| Closing accumulated impairments | – 26,598 | – 26,598 | – 61,844 |
| Closing residual value according to plan | 24,306 | 28,067 | 4,831 |
| Parent Company’s direct holdings in subsidiaries | ||||
| Share of | Share of | Carrying | ||
| capital, % | voting rights, % | No. of shares | amount | |
| Hemtex Oy, Finland | 100 | 100 | 3,000 | 1 |
| Hemtex A/S, Denmark | 100 | 100 | 5,500 | 1 |
| Hemtex AS, Norway | 100 | 100 | 500 | 1 |
| Hemtex Shanghai Ltd | 100 | 100 | * | 4,728 |
| Hemtex Finans AB | 100 | 100 | 1,000 | 100 |
| Total | 4,831 | |||
| * In this company form, there are no shares or participations. | ||||
| Group company | |||
| Corp. Reg. No. | Registered office | ||
| Hemtex Oy, Finland | 1650-251-5 | Helsinki | |
| Hemtex A/S, Denmark | 21 48 12 46 | Kongens Lyngby | |
| Hemtex AS, Norway | 989384015 | Oslo | |
| Hemtex Shanghai Ltd | 66938216 | Shanghai | |
| Hemtex Finans AB | 556732-7050 | Borås | |
| Other securities held as fixed assets | Group | Parent Company | ||||
| 2008 | 2009 | 2009* | 2008 | 2009 | 2009* | |
| 30 April | 30 April | 31 Dec | 30 April | 30 April | 31 Dec | |
| Opening cost | 28 | 29 | 32 | 4 | 4 | 4 |
| Acquisitions for the year | — | — | — | — | — | — |
| Sales | — | — | — | — | — | — |
| Translation differences | 1 | 3 | — | — | — | — |
| Closing accumulated costs | 29 | 32 | 32 | 4 | 4 | 4 |
| Other long-term receivables | Group | Parent Company | ||||
| 2008 | 2009 | 2009* | 2008 | 2009 | 2009* | |
| 30 April | 30 April | 31 Dec | 30 April | 30 April | 31 Dec | |
| Opening cost | 6,550 | 5,621 | 7,241 | 1,236 | 288 | 185 |
| Additional receivables | 1,214 | 1,763 | 511 | 68 | 15 | 24 |
| Settled receivables | – 2,143 | – 143 | – 631 | – 1,016 | – 118 | – 57 |
| Translation difference | — | — | – 195 | — | — | — |
| Closing accumulated costs | 5,621 | 7,241 | 6,926 | 288 | 185 | 152 |
| Other long-term receivables comprise mainly rental deposits. | ||||||
* Pertains to the abbreviated fiscal year May 1–December 31, 2009.