Energie AG Oberösterreich Telekom GmbH (Holding & Services Segment) also includes the “Fibre-to-the-home” (FTTH) operational unit. The business activities are essentially comprised of data transfer to customers via fibre-optic conduits. There are plans in the 2021/2022 fiscal year to spin off this operational unit into a company that will then be considered a joint venture by the Group. A 50% share will be held in the newly formed company.
The operational unit will be classified as a disposal group in accordance with IFRS 5 from 30 September 2021 onwards and have the following assets and liabilities:
|
|
30.09.2021 |
|---|---|---|
ASSETS |
|
|
Non-current assets |
|
|
Intangible assets |
|
171.0 |
Property, plant and equipment |
|
99,000.0 |
Other non-current assets |
|
23,001.2 |
|
|
122,172.2 |
Current assets |
|
|
Receivables |
|
47.9 |
|
|
122,220.1 |
|
|
|
LIABILITIES |
|
|
Non-current liabilities |
|
|
Deferred tax liabilities |
|
2,595.2 |
Construction cost subsidies |
|
603.1 |
Other non-current liabilities |
|
39,193.1 |
|
|
42,391.4 |
Current liabilities |
|
|
Trade payables |
|
445.5 |
|
|
42,836.9 |
The assets are essentially comprised of fibre-optic infrastructure and claims for subsidies. They are measured at amortised costs. The other non-current liabilities consist of subsidies for fibre-optic infrastructure recognised as liabilities. There are also plans to allocate intra-group liabilities of EUR 75.4 million to this operational unit. No profit or loss from the disposal was recognised in the Consolidated Financial Statements 2020/2021.