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advise steps in calculating average net ppe when provided with balance sheet and notes to consolidated financial statements,

advise steps in calculating average net ppe when provided with balance sheet and notes to consolidated financial statements,

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Hello, Please advise steps in calculating average net ppe when provided with balance sheet and notes to consolidated financial statements, ppe. Thanks
Consolidated Balance Sheet Note 31 Dec 2007 31 Dec 2006 TEUR ASSETS Non-current assets 31,420 Intangible assets Property, plant, and equipment Investments in associated companies Deferred tax assets Other non-current assets 54,609 149,990 1 98,130 3 11,951 8,054 19,663 2,732 238,945 14,043 2,942 154,589 4 Current assets 151,894 114,249 104,004 5,988 30,536 6. Inventories Receivables and other current assets Current tax receivables Cash and cash equivalents 133,112 1,121 8 2,559 288,686 254,777 9. 683 Non-current assets held for sale 289,369 254,777 528,314 409,366 Total assets EQUITY AND LIABILITIES Equity Share capital Additional paid-in capital Retained earnings 10 37,135 18,568 11 35,190 53,757 171,034 221,607 (112) 12 13 Revaluation reserve 14 519 776 Valuation reserves pursuant to IAS 39 Foreign currency translation reserve (4,923) 289,416 5,640 295,056 (6,053) 238,082 3,882 241,964 15 16 Minority interests Non-current liabilities Non-current financial liabilities Non-current provisions Deferred tax liabilities Other non-current liabilities 31,566 38,315 21,103 5,668 1,176 17 18 15,426 259 4 4,174 51,425 19 66,262 Current liabilities Current financial liabilities Current provisions 15,241 43,598 14,063 10,059 20 16,402 21 8,133 Current tax liabilities Other current liabilities 99,276 76,201 22 166,996 115,977 528,314 409,366 Total equity and liabilities Palfinger AG 2007 Annual Report
Transcribed Image Text:Consolidated Balance Sheet Note 31 Dec 2007 31 Dec 2006 TEUR ASSETS Non-current assets 31,420 Intangible assets Property, plant, and equipment Investments in associated companies Deferred tax assets Other non-current assets 54,609 149,990 1 98,130 3 11,951 8,054 19,663 2,732 238,945 14,043 2,942 154,589 4 Current assets 151,894 114,249 104,004 5,988 30,536 6. Inventories Receivables and other current assets Current tax receivables Cash and cash equivalents 133,112 1,121 8 2,559 288,686 254,777 9. 683 Non-current assets held for sale 289,369 254,777 528,314 409,366 Total assets EQUITY AND LIABILITIES Equity Share capital Additional paid-in capital Retained earnings 10 37,135 18,568 11 35,190 53,757 171,034 221,607 (112) 12 13 Revaluation reserve 14 519 776 Valuation reserves pursuant to IAS 39 Foreign currency translation reserve (4,923) 289,416 5,640 295,056 (6,053) 238,082 3,882 241,964 15 16 Minority interests Non-current liabilities Non-current financial liabilities Non-current provisions Deferred tax liabilities Other non-current liabilities 31,566 38,315 21,103 5,668 1,176 17 18 15,426 259 4 4,174 51,425 19 66,262 Current liabilities Current financial liabilities Current provisions 15,241 43,598 14,063 10,059 20 16,402 21 8,133 Current tax liabilities Other current liabilities 99,276 76,201 22 166,996 115,977 528,314 409,366 Total equity and liabilities Palfinger AG 2007 Annual Report
Netee do the Casolated Fitancial Statements 2007 Property, Piant, and Equipment Other plant, Prepayments and assets under Plant and construction peckyavapn qudnbe pue Acgustion cost 1,375 56,919 3,826 163,660 21,351 (6,979) 099'vz 2,803 (4,582) (533) 10,173 (238) (3,287) (2,157) Reolssiications (2) (25) (612) 69Z'E () 1,410 (64) 22,254 (9) 10,468 80,615 62,616 177,363 80,615 1,410 62,616 22,254 10,468 177,363 200 LIOgepgosuco jo adcos u abun 12,139 2,380 10,673 7,983 61,444 2,020 LIogesede uogpey (417) 15,612 108 000 134 Govermment grants sesodsn Reclassification to held for sale (3,499) Foreign currency translation (316) (6,733) 9,951 (4,936) 826 (721) (14,958) (13,799) (174) (3,499) 540 Reclassifications (60) (14) 31,209 14 92,802 3,447 85,982 15,819 229,259 Accumulated depreciation and impairment At 1 Jan 2006 Depreciation Impairment Disposals Reclassifications 23,502 33,686 16,420 2,615 73,608 2,146 5,219 9,980 096' (6,063) 096'L (2,153) 112 (3,910) (112) Foreign currency translation At 31 Dec 2006 (108) 27,500 0. (0). 36,794 (74) 14,939 (252) 79,233 At 1 Jan 2007 27,500 36,794 2,559 14,939 1,548 2,862 79,233 4,205 12,557 (1,755) Change in scope of consolidation Depreciation Write-up Additional capitalisation Disposals Reclassifications Reclassification to held for sale (2,886) Foreign currency translation At 31 Dec 2007 98 2,826 (1,755) 116 144 (1,011) (328) (6,548) (4,739) 263 (12,298) (35) (2,886) 0. 162 (28) 39,792 (0) 14,871 79,269 909 Carrying amounts At 31 Dec 2006 At 31 Dec 2007 53,115 68,196 1,410 3,447 25,822 46,190 7,315 16,338 10,468 15,819 98,130 0666৮।
Transcribed Image Text:Netee do the Casolated Fitancial Statements 2007 Property, Piant, and Equipment Other plant, Prepayments and assets under Plant and construction peckyavapn qudnbe pue Acgustion cost 1,375 56,919 3,826 163,660 21,351 (6,979) 099'vz 2,803 (4,582) (533) 10,173 (238) (3,287) (2,157) Reolssiications (2) (25) (612) 69Z'E () 1,410 (64) 22,254 (9) 10,468 80,615 62,616 177,363 80,615 1,410 62,616 22,254 10,468 177,363 200 LIOgepgosuco jo adcos u abun 12,139 2,380 10,673 7,983 61,444 2,020 LIogesede uogpey (417) 15,612 108 000 134 Govermment grants sesodsn Reclassification to held for sale (3,499) Foreign currency translation (316) (6,733) 9,951 (4,936) 826 (721) (14,958) (13,799) (174) (3,499) 540 Reclassifications (60) (14) 31,209 14 92,802 3,447 85,982 15,819 229,259 Accumulated depreciation and impairment At 1 Jan 2006 Depreciation Impairment Disposals Reclassifications 23,502 33,686 16,420 2,615 73,608 2,146 5,219 9,980 096' (6,063) 096'L (2,153) 112 (3,910) (112) Foreign currency translation At 31 Dec 2006 (108) 27,500 0. (0). 36,794 (74) 14,939 (252) 79,233 At 1 Jan 2007 27,500 36,794 2,559 14,939 1,548 2,862 79,233 4,205 12,557 (1,755) Change in scope of consolidation Depreciation Write-up Additional capitalisation Disposals Reclassifications Reclassification to held for sale (2,886) Foreign currency translation At 31 Dec 2007 98 2,826 (1,755) 116 144 (1,011) (328) (6,548) (4,739) 263 (12,298) (35) (2,886) 0. 162 (28) 39,792 (0) 14,871 79,269 909 Carrying amounts At 31 Dec 2006 At 31 Dec 2007 53,115 68,196 1,410 3,447 25,822 46,190 7,315 16,338 10,468 15,819 98,130 0666৮।
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