- Page 1 and 2: It was a difficult year. 2009 Annua
- Page 3 and 4: 03 And that is why we are growing.
- Page 5 and 6: 05 We are actively involved in seve
- Page 7 and 8: 07 Ideas give us energy. We have re
- Page 9 and 10: Content Letter of the President of
- Page 11 and 12: As for our traditional markets in E
- Page 13 and 14: The Supervisory Board devoted speci
- Page 15 and 16: Gorenje Group The Gorenje Group is
- Page 17 and 18: Vision, mission, values VISION To b
- Page 19 and 20: BASIC STRATEGIC OBJECTIVES To succe
- Page 21 and 22: The performance of the Division's b
- Page 23 and 24: The products of the Gorenje Group a
- Page 25 and 26: Innovations and products The crisis
- Page 27 and 28: Production and quality Home Applian
- Page 29 and 30: Shares of Gorenje and investor rela
- Page 31 and 32: OWNERSHIP STRUCTURE Ten Major Share
- Page 33 and 34: OWN SHARES AND VOTING RIGHTS On the
- Page 35 and 36: For the second consecutive year, we
- Page 37: Report on corporate social responsi
- Page 41 and 42: Staff Training Rapid development in
- Page 43 and 44: Culture We realise how important bo
- Page 45 and 46: Quantity of hazardous wastes (kg/pi
- Page 47 and 48: Energy consumption of Gorenje washe
- Page 49 and 50: DR. JOŽE ZAGOŽEN Chairman of the
- Page 51 and 52: PETER KOBAL Member of the Superviso
- Page 53 and 54: FRANJO BOBINAC President of the Man
- Page 55 and 56: DRAGO BAHUN member of the managemen
- Page 57 and 58: FRANC KOŠEC member of the manageme
- Page 59 and 60: GENERAL MEETING OF SHAREHOLDERS The
- Page 61 and 62: EXTERNAL AUDIT The audit of financi
- Page 63 and 64: CODE OBSERVANCE The contents of the
- Page 65 and 66: Business report ECONOMIC ENVIRONMEN
- Page 67 and 68: SALE IN TERMS OF DIVISIONS The Home
- Page 69 and 70: A sharper fall in the market was su
- Page 71 and 72: HOME INTERIOR DIVISION South-Easter
- Page 73 and 74: Structure of sales of the Ecology,
- Page 75 and 76: The main reasons for the reduction
- Page 77 and 78: Due to the circumstances described
- Page 79 and 80: At the end of 2009 equity capital a
- Page 81 and 82: Cash flow of the Gorenje Group (in
- Page 83 and 84: Investments of the Gorenje Group an
- Page 85 and 86: The most important material of the
- Page 87 and 88: Information system risks are relate
- Page 89 and 90:
Ecology, energy and services divisi
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RESEARCH AND DEVELOPMENT Household
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52. Kemis-Termoclean, d.o.o., Croat
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Achievement of goals in the year 20
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Financial statements of Gorenje Gro
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CONSOLIDATED STATEMENT OF FINANCIAL
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CONSOLIDATED STATEMENT OF CHANGES I
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NOTES TO THE CONSOLIDATED FINANCIAL
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A contingent liability of the acqui
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) Foreign currency (i) Foreign curr
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value of the derivative is recognis
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Acquisition of minority interests A
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current economic and credit conditi
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(iv) Provisions for retirement bene
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s) Comparative information Comparat
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IFRIC 12 Service Concession Arrange
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anticipated reversionary increases,
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of the Gorenje Group’s lending po
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GROUP - 8. COMPOSITION OF THE GOREN
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83. GEN-I Tirana Sh.p.k., Albania 2
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GROUP - 11. DISPOSAL OF COMPANIES T
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Proportionate shares of assets, lia
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GROUP - COST OF GOODS, MATERIALS AN
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GROUP - NET FINANCE EXPENSES Note 1
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in TEUR 2008 Pre-tax amount Tax Aft
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Impairment testing of goodwill aris
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Movement of intangible assets in 20
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Transfers include transfers from re
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GROUP - NON-CURRENT INVESTMENTS Not
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GROUP - INVENTORIES Note 26 - Inven
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GROUP - OTHER CURRENT ASSETS Note 2
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GROUP - EARNINGS PER SHARE Note 32
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Movement of provisions in 2009 in T
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Some non-current borrowings are sim
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GROUP - TRADE PAYABLES Note 37 - Tr
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Impairment loss 8,780 3,512 Allowan
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in TEUR Carrying amount Expected ca
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Sensitivity analysis A 5 percent in
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Fair value scale The table shows me
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GROUP - EVENTS AFTER THE REPORTING
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GROUP - INDEPENDENT AUDITOR'S REPOR
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Mora Moravia s r.o., Czech Republic
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Gorenje UK Ltd., Great Britain Gore
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FOREIGN CURRENCY EXCHANGE RATES App
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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
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COMPANY - 3. SIGNIFICANT ACCOUNTING
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Cash flow hedges When a derivative
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(iv) Depreciation Depreciation is r
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i) Impairment (i) Financial assets
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(iii) Onerous contracts A provision
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Deferred tax is measured at the tax
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IFRIC 18 Transfers of Assets from C
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COMPANY - 5. FINANCIAL RISK MANAGEM
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Capital management The Company's po
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Rental income in TEUR 2009 2008 Ren
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in TEUR 2009 2008 Interest expenses
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COMPANY - NOTES TO THE FINANCIAL PO
- Page 207 and 208:
Changes in intangible assets in 200
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Carrying amount at 1 Jan 2008 12,95
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COMPANY - INVESTMENTS IN SUBSIDIARI
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Long-term loans to specific groups
- Page 215 and 216:
Short-term loans in TEUR 2009 2008
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Kemis-Termoclean, d.o.o., Croatia 2
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Changes in fair value reserve: in T
- Page 221 and 222:
Changes in provisions in 2009 in TE
- Page 223 and 224:
COMPANY - CURRENT FINANCIAL LIABILI
- Page 225 and 226:
Trade payables to suppliers in the
- Page 227 and 228:
COMPANY - FINANCIAL INSTRUMENTS COM
- Page 229 and 230:
31 December 2008 in TEUR Carrying a
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Sensitivity analysis A 5 percent in
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COMPANY - FAIR VALUE Note 36 - Fair
- Page 235 and 236:
Net earnings in 2009 in TEUR Manage
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Net earnings in 2008 in EUR Salarie
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COMPANY - EVENTS AFTER THE DATE OF
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Imprint: Publisher: Gorenje, d.d.,