Annual Report Gorenje Group 2009

GROUP - PROPERTY, PLANT AND EQUIPMENT
Note 22 – Property, plant and equipment
382,801 TEUR
in TEUR 2009 2008
Land 60,033 57,270
Buildings 170,617 162,982
Manufacturing and other equipment 145,662 164,546
Property, plant and equipment under construction 6,489 28,155
Total 382,801 412,953
Movement of property, plant and equipment in 2009
in TEUR Land Buildings
Manufacturing
plant and
equipment
PPE under
construction
Total
Cost 1 January 2009 57,270 308,774 559,611 28,155 953,810
Acquisition 2,316 1,235 6,759 13,872 24,182
Acquisition through business
combinations 163 276 439
Disposal of Group companies -18 -65 -83
Disposals, writedowns -43 -3,425 -10,388 -108 -13,964
Revaluation -4 -4
Transfer to investment property -876 -876
Other transfers 493 18,109 16,382 -34,983 1
Exchange differences -162 -842 -744 -447 -2,195
Cost 31 December 2009 60,033 322,957 571,831 6,489 961,310
Accumulated depreciation 1 January
2009 145,792 395,065 540,857
Disposal of Group companies -9 -44 -53
Disposals, writedowns -2,879 -9,351 -12,230
Depreciation expense 9,449 40,612 50,061
Transfer to investment property -36 -36
Other transfers -8 51 43
Exchange differences 31 -164 -133
Accumulated depreciation 31
December 2009 152,340 426,169 578,509
Carrying amount 1 January 2009 57,270 162,982 164,546 28,155 412,953
Carrying amount 31 December 2009 60,033 170,617 145,662 6,489 382,801
In 2009, most of investments in the amount of TEUR 19,072 were made in the Household Appliances
Division; the major portion of investments in the amount of TEUR 8,589 was made in the holding
company to fund the completion of a warehouse for household appliances of own manufacture and of
other producers (supplementary programme), the purchase of logistics assets, and the organisation of
a consignment warehouse. In other divisions, most of investments in the amount of TEUR 6,282 were
made in the companies engaged in Ecology.
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Annual Report Gorenje Group 2009