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Annual Report Gorenje Group 2009

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Changes in intangible assets in 2008<br />

in TEUR<br />

Long-term deferred<br />

development costs<br />

Long-term industrial<br />

property rights<br />

Intangible assets under<br />

construction<br />

Total<br />

Cost at 1 Jan 2008 18,242 14,164 360 32,766<br />

Additions 3,035 3,035<br />

Disposals, writedowns -25 -25<br />

Transfers 1,665 1,672 -3,337 0<br />

Cost at 31 Dec 2008 19,907 15,811 58 35,776<br />

Accum. amortisation at 1 Jan 2008 6,851 7,672 14,523<br />

Disposals, writedowns -19 -19<br />

Amortisation expense 1,992 1,840 3,832<br />

Accum. amortisation at 31 Dec 2008 8,843 9,493 0 18,336<br />

Carrying amount at 1 Jan 2008 11,391 6,492 360 18,243<br />

Carrying amount at 31 Dec 2008 11,064 6,318 58 17,440<br />

An increase in long-term deferred development costs is largely due to the development of packaging in the amount of TEUR 297. Long-term industrial property rights include an<br />

overhaul of the planning system in the amount of TEUR 534 and an upgrade of the computer software in the amount of TEUR 349. Intangible assets under construction include<br />

combined refrigerators (width 750) for the US market in the amount of TEUR 370.<br />

200<br />

<strong>Annual</strong> <strong>Report</strong> <strong>Gorenje</strong> <strong>Group</strong> <strong>2009</strong>

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