Notes to the financial statements
23. Non-Current Financial Assets
| PLN '000 | Dec 31 2010 | Dec 31 2009 |
|---|---|---|
| (restated) | ||
| Shares in other undertakings | 9,915 | 9,917 |
|
Positive valuation of derivative financial instruments: |
29,667 | 54,862 |
| - futures (CO2 emissions) | 580 | 95 |
| - interest rate swap (IRS) | 29,087 | 54,767 |
| Other non-current financial assets | 24,776 | 28,297 |
| - decommissioning fund | 21,668 | 18,851 |
| - deposits (1) | - | 6,130 |
| - security deposits (margins) (2) | 3,108 | 3,316 |
| Total | 64,358 | 93,076 |
(1) Deposits as at December 31st 2009 serve as security for the repayment of interest on the loan contracted to finance inventories (PLN 5,819 thousand).
(2) Security deposits (margins) include (among other items) an amount of PLN 998 thousand (as at December 31st 2009: PLN 1,205 thousand) which has been provided by Grupa LOTOS S.A. as margin to Marex Financial, a brokerage firm, to enable execution of transactions on the ICE Futures internet platform.
This is a translation of a document originally issued in Polish
The notes to the financial statements, presented on following pages, are their integral part.
