Annual Report Gorenje Group 2009
Annual Report Gorenje Group 2009 Annual Report Gorenje Group 2009
GROUP - INVESTMENT PROPERTY Note 23 – Investment property 7,802 TEUR in TEUR 2009 2008 Land 4,332 4,332 Buildings 3,470 2,758 Total 7,802 7,090 Investment property includes land and buildings acquired for resale or increase in investments. Investment property is measured using fair value model. The valuation of investment property by an independent certified appraiser of real property was carried out in 2008. No conditions for revaluation were identified in 2009. Movement of investment property in TEUR 2009 2008 Opening balance at 1 January 7,090 10,174 Increase 16 559 Revaluation 0 2,566 Decrease -144 -1,187 Disposal of Group companies 0 -1,981 Transfer from property, plant and equipment 840 114 Transfer to property, plant and equipment 0 -3,155 Closing balance at 31 December 7,802 7,090 137 Annual Report Gorenje Group 2009
GROUP - NON-CURRENT INVESTMENTS Note 24 – Non-current investments 6,614 TEUR in TEUR 2009 2008 Long-term loans (1 to 5 years) 5,290 6,093 Long-term deposits 401 449 Other non-current investments 923 6,179 Total 6,614 12,721 Movement of long-term loans in TEUR 2009 2008 Opening balance at 1 January 6,093 5,734 Increase 217 1,036 Decrease -1,009 -677 Transfer to current investments -11 0 Closing balance at 31 December 5,290 6,093 Long-term loans include loans extended by the holding company of the Gorenje Group and its subsidiaries to non-group companies. The interest rate, which depends on the currency in which the loan is denominated, ranges from 2.0 % to 7.0 %. 138 Annual Report Gorenje Group 2009
- Page 93 and 94: 52. Kemis-Termoclean, d.o.o., Croat
- Page 95 and 96: Achievement of goals in the year 20
- Page 97 and 98: Financial statements of Gorenje Gro
- Page 99 and 100: CONSOLIDATED STATEMENT OF FINANCIAL
- Page 101 and 102: CONSOLIDATED STATEMENT OF CHANGES I
- Page 103 and 104: NOTES TO THE CONSOLIDATED FINANCIAL
- Page 105 and 106: A contingent liability of the acqui
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- Page 109 and 110: value of the derivative is recognis
- Page 111 and 112: Acquisition of minority interests A
- Page 113 and 114: current economic and credit conditi
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- Page 117 and 118: s) Comparative information Comparat
- Page 119 and 120: IFRIC 12 Service Concession Arrange
- Page 121 and 122: anticipated reversionary increases,
- Page 123 and 124: of the Gorenje Group’s lending po
- Page 125 and 126: GROUP - 8. COMPOSITION OF THE GOREN
- Page 127 and 128: 83. GEN-I Tirana Sh.p.k., Albania 2
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- Page 131 and 132: Proportionate shares of assets, lia
- Page 133 and 134: GROUP - COST OF GOODS, MATERIALS AN
- Page 135 and 136: GROUP - NET FINANCE EXPENSES Note 1
- Page 137 and 138: in TEUR 2008 Pre-tax amount Tax Aft
- Page 139 and 140: Impairment testing of goodwill aris
- Page 141 and 142: Movement of intangible assets in 20
- Page 143: Transfers include transfers from re
- Page 147 and 148: GROUP - INVENTORIES Note 26 - Inven
- Page 149 and 150: GROUP - OTHER CURRENT ASSETS Note 2
- Page 151 and 152: GROUP - EARNINGS PER SHARE Note 32
- Page 153 and 154: Movement of provisions in 2009 in T
- Page 155 and 156: Some non-current borrowings are sim
- Page 157 and 158: GROUP - TRADE PAYABLES Note 37 - Tr
- Page 159 and 160: Impairment loss 8,780 3,512 Allowan
- Page 161 and 162: in TEUR Carrying amount Expected ca
- Page 163 and 164: Sensitivity analysis A 5 percent in
- Page 165 and 166: Fair value scale The table shows me
- Page 167 and 168: GROUP - EVENTS AFTER THE REPORTING
- Page 169 and 170: GROUP - INDEPENDENT AUDITOR'S REPOR
- Page 171 and 172: Mora Moravia s r.o., Czech Republic
- Page 173 and 174: Gorenje UK Ltd., Great Britain Gore
- Page 175 and 176: FOREIGN CURRENCY EXCHANGE RATES App
- Page 177 and 178: STATEMENT OF FINANCIAL POSITION Sta
- Page 179 and 180: STATEMENT OF CHANGES IN EQUITY Stat
- Page 181 and 182: NOTES TO THE FINANCIAL STATEMENTS C
- Page 183 and 184: COMPANY - 3. SIGNIFICANT ACCOUNTING
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- Page 189 and 190: i) Impairment (i) Financial assets
- Page 191 and 192: (iii) Onerous contracts A provision
- Page 193 and 194: Deferred tax is measured at the tax
GROUP - INVESTMENT PROPERTY<br />
Note 23 – Investment property<br />
7,802 TEUR<br />
in TEUR <strong>2009</strong> 2008<br />
Land 4,332 4,332<br />
Buildings 3,470 2,758<br />
Total 7,802 7,090<br />
Investment property includes land and buildings acquired for resale or increase in investments.<br />
Investment property is measured using fair value model. The valuation of investment property by an<br />
independent certified appraiser of real property was carried out in 2008. No conditions for revaluation<br />
were identified in <strong>2009</strong>.<br />
Movement of investment property<br />
in TEUR <strong>2009</strong> 2008<br />
Opening balance at 1 January 7,090 10,174<br />
Increase 16 559<br />
Revaluation 0 2,566<br />
Decrease -144 -1,187<br />
Disposal of <strong>Group</strong> companies 0 -1,981<br />
Transfer from property, plant and equipment 840 114<br />
Transfer to property, plant and equipment 0 -3,155<br />
Closing balance at 31 December 7,802 7,090<br />
137<br />
<strong>Annual</strong> <strong>Report</strong> <strong>Gorenje</strong> <strong>Group</strong> <strong>2009</strong>
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