Annual Report Gorenje Group 2009

GROUP - CURRENT INVESTMENTS
Note 27 – Current investments
68,218 TEUR
in TEUR 2009 2008
Available-for-sale investments 15,248 22,224
Short-term deposits 16,121 2,140
Short-term loans 31,708 34,729
Interest receivable 473 192
Other current financial receivables 4,668 5,185
Total 68,218 64,470
A change in the fair value of available-for-sale investments in the amount of TEUR 3,186 relates to
revaluation of shares as at 31 December 2009. The fair value reserve in other comprehensive income
was reversed in the amount of TEUR 878 and the remaining amount of TEUR 2,308, determined on
the basis of revaluation to market value, was recorded under financial expenses.
Short-term interest receivable includes interest receivable from short-term loans accounted for until the
end of 2009.
Short-term loans include cash surplus deposited in short-term time deposits with banks and entities.
The interest rate for bank deposits and loans ranges from 1.9 % to 7.5 %.
Other current financial receivables include receivables recorded by the parent company, which were
transferred, due to maturity, from non-current to current financial receivables, decreased by payments
received.
Movement of investments in available-for-sale shares and interests
in TEUR 2009 2008
Opening balance at 1 January 22,224 17,276
Increase 272 6,452
Disposal of Group companies 0 -53
Decrease -3,615 -4,680
Change in fair value -3,186 -8,895
Transfers -447 12,124
Closing balance at 31 December 15,248 22,224
GROUP - TRADE RECEIVABLES
Note 28 - Trade receivables
251,740 TEUR
As at 31 December 2009, allowances for receivables amounted to TEUR 20,406 (in 2008: TEUR
15,444). The movement of allowance for trade receivables is shown in note 40 (Financial instruments).
141
Annual Report Gorenje Group 2009