Annual Report Gorenje Group 2009

GROUP - INVENTORIES
Note 26 – Inventories
217,981 TEUR
in TEUR 2009 2008
Household
appliances
Home
interior
Ecology,
energy
and
services
Total
Household
appliances
Home
interior
Ecology,
energy
and
services
Total
Materials 58,190 3,469 2,439 64,098 72,401 4,771 4,813 81,985
Work in progress 25,967 904 3,613 30,484 18,448 2,509 1,195 22,152
Products 84,872 3,626 5,213 93,711 104,064 3,547 6,779 114,390
Merchandise 26,709 374 1,307 28,390 29,942 244 952 31,138
Advances 1,155 139 4 1,298 3,177 151 11 3,339
Total 196,893 8,512 12,576 217,981 228,032 11,222 13,750 253,004
As at 31 December 2009, inventories showed a decrease by TEUR 35,023 over the previous year-end
figure. The largest decrease was in inventories of products due to the effect of optimising net current
assets and the lower volume of production. Inventories of materials decreased due to the adjustment of
the volume of purchases to the decreased volume of production.
In 2009, inventories were written down by TEUR 4,748 (in 2008: TEUR 1,727). Advances for
inventories include advances for inventories of raw materials and materials.
The carrying amount of inventories of products, of which production costs were adjusted to net
realisable value, amounted to TEUR 7,648.
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Annual Report Gorenje Group 2009