4.5Notestotheconsolidatednancialstatements
ofthePoštaSlovenijeGroup
4.5.1Non-currentassets
Intangible assets
2018

ITEM
Property
rights
Other
intangible
assets
Goodwill
Intangible
assets under
construction
Total
Historicalcost
Balanceasat31December2017 885,795 8,236,132 1,443,796 13,471 10,579,194
     688
Balanceasat1January2018 885,795 8,236,820 1,443,796 13,471 10,579,882
     748,992
    -
     -58,039
     10,099
Balanceasat31December2018 1,092,841 8,678,173 1,443,796 66,124 11,280,934
Valueadjustment
Balanceasat31December2017 664,301 6,949,631 - - 7,613,932
     -7,180
Balanceasat1January2018 664,301 6,942,451 - - 7,606,752
     998,232
     -58,039
     -5,557
Balanceasat31December2018 746,079 7,795,309 - - 8,541,388
Carryingamount
Balanceasat31December2017 221,494 1,286,501 1,443,796 13,471 2,965,262
 - 7,868 - - 7,868
Balanceasat1January2018 221,494 1,294,369 1,443,796 13,471 2,973,130
Balanceasat31December2018 346,762 882,864 1,443,796 66,124 2,739,546

2017

ITEM
Property
rights
Other
intangible
assets
Goodwill
Intangible
assets under
construction
Total
Historicalcost
Balanceasat1January2017 747,077 7,339,916 1,315,679 - 9,402,672
     1,027,551
     -
     148,971
Balanceasat31December2017 885,795 8,236,132 1,443,796 13,471 10,579,194
Valueadjustment
Balanceasat1January2017 585,494 6,308,336 - - 6,893,830
     704,096
     16,006
Balanceasat31December2017 664,301 6,949,631 - - 7,613,932
Carryingamount
Balanceasat1January2017 161,583 1,031,580 1,315,679 - 2,508,842
Balanceasat31December2017 221,494 1,286,501 1,443,796 13,471 2,965,262

Property,plantandequipment
2018

ITEM Land Buildings Equipment
Investmentsin
progress
Total
Historicalcost
Balanceasat31December2017 15,114,607 184,167,905 146,411,137 3,674,013 349,367,662
Balanceasat1January2018 15,114,607 184,167,905 146,411,137 3,674,013 349,367,662
     29,614,207
     -
     -8,674,214
     -1,188,504
Balanceasat31December2018 15,097,173 183,264,442 165,973,948 4,783,588 369,119,151
Valueadjustment
Balanceasat1January2018 462,144 63,824,506 117,236,092 - 181,522,742
     13,378,943
     -7,830,670
     -224,417
Balanceasat31December2018 498,156 66,527,920 119,820,522 - 186,846,598
Carryingamount
Balanceasat1January2018 14,652,463 120,343,399 29,175,045 3,674,013 167,844,920
Balanceasat31December2018 14,599,017 116,736,522 46,153,426 4,783,588 182,272,553
2017

ITEM Land Buildings Equipment
Investmentsin
progress
Total
Historicalcost
Balanceasat1January2017 15,616,451 184,645,869 142,217,191 3,136,083 345,615,594
     13,659,305
     33,473
     -
     -5,622,413
     2,266
     21,145
     -4,341,708
Balanceasat31December2017 15,114,607 184,167,905 146,411,137 3,674,013 349,367,662
Valueadjustment
Balanceasat1January2017 426,171 61,296,597 112,894,918 - 174,617,686
     12,545,693
     32,024
     32,139
     -5,047,395
     -657,405
Balanceasat31December2017 462,144 63,824,506 117,236,092 - 181,522,742
Carryingamount
Balanceasat1January2017 15,190,280 123,349,272 29,322,273 3,136,083 170,997,908
Balanceasat31December2017 14,652,463 120,343,399 29,175,045 3,674,013 167,844,920













Property,plantandequipmentundernanceleases

ITEM Equipment Total
  684,198
  94,013
Carryingamount 590,185 590,185


Investmentproperty
2018

ITEM Investmentproperty
Historicalcost
Balanceasat1January2018 10,688,980
 
 
 
 
Balanceasat31December2018 11,437,622
Valueadjustment
Balanceasat1January2018 3,325,135
 
 
 
Balanceasat31December2018 3,599,897
Carryingamount
Balanceasat1January2018 7,363,845
Balanceasat31December2018 7,837,725
2017

ITEM Investmentproperty
Historicalcost
Balanceasat1January2017 10,926,591
 
 
 
 
Balanceasat31December2017 10,688,980
Valueadjustment
Balanceasat1January2017 5,335,378
 
 
 
Balanceasat31December2017 3,325,135
Carryingamount
Balanceasat1January2017 5,591,213
Balanceasat31December2017 7,363,845

• 
•

that are or will be rented out.



















Investmentsinassociates
Information regarding associate

ASSOCIATE Registeredoce
Participating
interest
Equityasat
31December2018
Netprotorloss
for2018



  
Balanceofinvestmentinassociate

ASSOCIATE 31/12/2018 31/12/2017
Index
2018/2017
   
Total 2,545,468 3,200,063 80
Changesininvestmentinassociate

ASSOCIATE 2018 2017
Index
2018/2017
Balanceasat1January 3,200,063 2,963,273 108
   
   
   
Balanceasat31December 2,545,468 3,200.063 80

Othernancialassets

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
Total 49,379 47,307 104
Changesinothernancialassets

ITEM 2018 2017
Index
2018/2017
Balanceasat1January 47,307 38,871 122
Revaluation   
Balanceasat31December 49.379 47.307 104





Financialreceivables

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
Total 359,630 9,168 3,923

Changesinothernancialreceivables

ITEM 2018 2017
Index
2018/2017
Balanceasat1January 9,168 809,168 1
   
   
Balanceasat31December 359,630 9,168 3,923

Operatingreceivables

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   111
Total 496,039 690,982 72




Changesinadjustmentstothevalueofoperatingreceivables

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
Balanceasat1January 95,358 86,230 111
   
Balanceasat31December 95,956 86,230 111
Operatingreceivablesbymaturity

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
   
Total 591,995 777,212 76


OtherAssets

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
   
Total 384,028 379,225 101
4.5.2Currentassets
Assetsheldforsale

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   2
Total 31,759 1,392,793 2

Assetsfromcontractswithcustomers

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
Total 10,484,799 - -
Changesinadjustmentstothevalueofassetsfromcontractswithcustomers

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
Balanceasat1January 58,526 - -
   
Balanceasat31December 72,286 - -

Inventories

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   114
   
   
Total 1,848,497 1,570,406 118
Impairments,write-os,inventorydecitandsurplus

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
   
   
Total 105,523 100,782 105



.
Financialreceivables

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
Total - 400,000 -
Operatingreceivables

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
   
   


  
   
   
   
Total 42,560,169 39,976,471 106


Operatingreceivablesbymaturity

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
- up to 30 days 2,396,600 2,358,046 102
- from 31 to 60 days 1,617,670 639,514 253
- from 61 to 90 days 2,461,079 305,335 806
- from 91 to 180 days 1,222,716 321,526 380
- from 181 to 365 days 1,129,097 2,125,412 53
- more than 366 days 2,124,351 2,120,328 100
Total 45,705,759 42,998,765 106


Changesinadjustmentstothevalueofreceivables
Changesinadjustmentstothevalueoftradereceivables

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
Balanceasat1January 2,945,569 2,563,234 115
   
   122
   
   
Balanceasat31December 2,665,718 2,482,800 107
Changesinadjustmentstothevalueofreceivablesfordefaultinterest

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
Balanceasat1January 107,827 167,272 64
   
   
   
   
Balanceasat31December 97,519 150,955 65
Changesinadjustmentstothevalueofotherreceivables

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
Balanceasat1January 390,357 436,863 89
   
   
   144
Balanceasat31December 382,353 388,539 98
Receivablesforcorporateincometax

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
Total 88,647 30,525 290
Advancesandotherassets

ITEM 31/12/2018 31/12/2017
Index
2018/2017
Accrued revenue   
   
   
Total 2,142,784 17,114,623 13




Cashandcashequivalents

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
   122
Total 51,391,016 39,573,764 130





4.5.3Equity
Equity

ITEM 31/12/2018 31/12/2017
Index
2018/2017
Share capital   
   
   144
- legal reserves 1,684,281 1,168,260 144
   
   
   
   
Total 228,128,881 222,372,787 103
4.5.4Non-currentliabilities
Provisions

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
   44
   
Total 17,232,627 17,272,349 100
Changeinprovisions

ITEM
Balanceasat
1January2018
Usedin2018 Reversedin2018 Createdin2018
Balanceasat
31December2018
     
     
     
     
Total 17,272,349 -1,162,711 -287,440 1,410,429 17,232,627
Deferredrevenues

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
Total 451,783 286,853 157


Financial liabilities

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   71
Total 13,751,290 546,244 2,517

BANK
Contractual
amount
Interest
rate
Maturity
date
Balanceof
debt as at 31
December2018
Maturingin
2019
Collateral
 


  


 


  


 


  


 


  


Total 15,898,000 15,737,633 2,279,436

Operatingliabilities

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
Total 108,724 122,805 89







4.5.5Currentliabilities
Financial liabilities

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
   
   
Total 2,402,160 253,726 947


Operatingliabilities

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
   
   
   14
   
   114
Total 32,372,052 32,329,846 100




Aslessor

ITEM 2018
 
 
Total 6,500,290
Aslessee

ITEM 2018
 
 
Total 15,381,635
Corporateincometaxliabilities

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
Total 84,672 - -
Liabilitiesfromcontractswithcustomers

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
Total 33,583 - -
Otherliabilities

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   111
- unused annual leave allowance 3,133,699 3,006,521 104
- costs of international invoicing 7,894,604 7,166,006 110
- other costs 1,404,489 1,019,761 138
   
Total 12,589,261 11,208,254 112



Contingent assets and liabilities

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
   





ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
   
Other   
Total 35,888,166 27,644,055 130



4.5.6Operatingrevenues
Salesrevenue

ITEM 2018 2017
Index
2018/2017
   
   
   
   
Total 250,655,880 237,970,542 105

ITEM 2018 2017
Index
2018/2017
   
   
Total 250,655,880 237,970,542 105




















Ot
her
reven
ues

ITEM 2018 2017
Index
2018/2017
   
   
   
   
   
   
   
   
   


  
   
Total 7,334,681 4,546,590 161
















4.5.7Operatingexpenses
Historicalcostofgoodssold,costsofmaterialandenergy

ITEM 2018 2017
Index
2018/2017
   
Costs of materials 13,086,485 12,917,973 101
- costs of materials 4,226,011 4,092,542 103
- energy costs 7,056,592 6,414,638 110
- write-o of small inventory 944,053 1,754,096 54
- stationery supplies and technical literature 824,174 619,328 133
- other costs of materials and inventory dierences for materials 35,655 37,369 95
Total 15,836,145 15,072,892 105
Costsofservices

ITEM 2018 2017
Index
2018/2017
   114
   
   
   
   
   122
   
   
   121
   
   
AKOS fee   
   
Total 63,578,916 59,492,710 107
Costsofauditingservices

ITEM 2018 2017
Index
2018/2017
   117
   
Total 47,861 41,308 116
Labour costs

ITEM 2018 2017
Index
2018/2017
   
   
   
   
Travel allowance   
Annual leave allowance   
   
   
   
   77
Total 151,412,046 143,443,910 106

2018 2017
Index
2018/2017
   
   
RemunerationoftheExecutiveManagement,SupervisoryBoardandemployeesonindividualcontracts

2018 2017
Index
2018/2017
   
   
   
Total 3,309,905 3,429,526 97


EarningsoftheExecutiveManagement

NAMEANDSURNAME
Grosswages
(1)
Variable
element of
wages(2)
Fringe
benets(3)
Total gross
wages
(1+2+3)
Total net
wages*
Travel
expenses
anddaily
allowances
PoštaSlovenije:
      
Andrej Rihter      
      
EPPS:
      
      
Feniksšped:
      
      
PSMojpaket:
      
PSZavarovanja:
      
PSLogistika:
Sašo Turk      
      
      
APSPLUS:
Boštjan Gruden      
IPPS:
      
Total 735,423 70,009 49,267 854,699 426,605 25,941



EarningsofmembersoftheSupervisoryBoard,anditsauditcommitteeandhumanresourcecommittee

NAMEANDSURNAME
Grossannual
wagesfor
performanceof
function(1)
Grossannual
attendance fees
forSupervisory
Boardand
committee
meetings(2)
Travelexpenses
(3)
Total gross
wages(1+2+3)
Totalnetwages*
PoštaSlovenije:
     
     
     
Peter Grilc     
     
     
     
     
     
     
     
     
   272  
EPPS:
     
     
Boštjan Pernek     
Total 88,550 37,770 5,073 131,393 94,630




Amortisation/depreciation

ITEM 2018 2017 Index2018/2017
   142
   
   
Total 14,563,531 13,461,824 108
Otherexpenses

ITEM 2018 2017 Index2018/2017
   
   
   
   
   
   
   
  142 
   
   
   
   
Total 2,501,656 2,864,318 87











4.5.8Financeincome
Financeincomefromparticipationintheprotofassociatesandjointventures

ASSOCIATE 2018 2017 Index2018/2017
   
Total 536,227 689,383 78




Fi
nance income

ITEM 2018 2017 Index2018/2017
   242
   
   
   
   
Total 562,134 637,074 88
4.5.9Financecosts
Finance costs

ITEM 2018 2017 Index2018/2017
   
   
   
   
   
   
Total 621,532 508,487 122
4.5.10Corporateincometaxanddeferredtaxes
Corporateincometaxanddeferredtaxes

ITEM 2018 2017 Index2018/2017
   
   
Tax 178,779 128,989 139
   
   
   
   77
   
   122
   
   
   

created
 
Totaltax 178,776 128,990 139
Eectivetaxrate 1.59% 1.57%

Deferredtaxassets

ITEM 31/12/2018 31/12/2017
Index
2018/2017
   
   
Total 1,922,994 1,833,510 105
Changesindeferredtaxassetsin2018

ITEM
Balanceasat
1January2018
Transition Usedin2018
Reversedin
2018
Created in
2018
Balanceasat
31 December
2018
     


     
Total 1,833,509 -136,225 -41,617 180,849 1,922,994
Changesindeferredtaxassetsin2017

ITEM
Balanceasat
1January2017
Usedin2017 Reversedin2017 Createdin2017
Balanceasat
31 December
2017
     


    
Total 1,895,547 -127,997 -94,356 160,315 1,833,509
Eectofthecreationofdeferredtaxesontheincomestatementandstatementofothercomprehensive
income

ITEM
Balanceasat
1January2018
Transition
Recognised
in income
statement
Recognised
inother
comprehensive
income
Balanceasat
31 December
2018
    


   
Total 1,833,509 86,478 -10,255 13,261 1,922,994
Changesindeferredtaxassetsin2018

ITEM
Balanceasat
1January2018
Transition Usedin2018
Reversedin
2018
Created in
2018
Balanceasat
31 December
2018
     


     
Total 1,833,509 -136,225 -41,617 180,849 1,922,994
Changesindeferredtaxassetsin2017

ITEM
Balanceasat
1January2017
Usedin2017 Reversedin2017 Createdin2017
Balanceasat
31 December
2017
     


    
Total 1,895,547 -127,997 -94,356 160,315 1,833,509
Eectofthecreationofdeferredtaxesontheincomestatementandstatementofothercomprehensive
income

ITEM
Balanceasat
1January2018
Transition
Recognised
in income
statement
Recognised
inother
comprehensive
income
Balanceasat
31 December
2018
    


   
Total 1,833,509 86,478 -10,255 13,261 1,922,994
4.5.11Notestochangesinothercomprehensiveincome






4.5.12Notetothestatementofchangesinequity










