PLN ‘000 | Dec 31 2008 | Dec 31 2007 |
---|---|---|
(audited) | (audited) | |
Gross value at beginning of period | 4,387 | 6,887 |
Increase, including: | 6,953 | - |
- transfer from property, plant and equipment | 6,953(1) | - |
Decrease, including: | (4,555) | (2,500) |
- sale | (4,555)(1) | (2,500) |
Gross value at end of period | 6,785 | 4,387 |
Impairment losses at beginning of period | 942 | 1,314 |
Increase | 945 | - |
Decrease | - | (372) |
Impairment losses at end of period | 1,887 | 942 |
Net value at beginning of period | 3,445 | 5,573 |
Net value at end of period | 4,898 | 3,445 |
(1) Including the value of investments in real property, comprising buildings with office and amenity space and production floors with the related infrastructure.
As at December 31st 2008, investment property, including investments in land, perpetual usufruct of land, buildings and structures, included also property which the Company does not use for its own purposes but which generate benefits in the form of value appreciation or rent income.