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Annual report - HSE

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Companies included in consolidated financial<br />

statements of PV Group<br />

Title of the company<br />

Premogovnik Velenje d.d.<br />

GOST, podjetje za gostinstvo, turizem in trgovino d.o.o.<br />

Country of residence of the company<br />

Slovenia<br />

Slovenia<br />

HTZ, Harmonija tehnologije in znanja, invalidsko podjetje d.o.o.<br />

PV Invest, Naložbe, urejanje okolja, geodetske storitve d.o.o.<br />

PV Center starejših Zimzelen d.o.o.<br />

RGP, Rudarski gradbeni programi d.o.o.<br />

*GOLTE d.o.o., zimsko letni turistični center<br />

Slovenia<br />

Slovenia<br />

Slovenia<br />

Slovenia<br />

Slovenia<br />

* included in consolidation of the PV Group for the first time<br />

In 2012, the subsidiary <strong>HSE</strong> Hungary was eliminated from consolidated financial <strong>report</strong>s,<br />

as its operations had been terminated based on the voluntary liquidation procedure on 31<br />

August 2012.<br />

In the process of consolidation, EUR 1,054,438,348 of long-term investments in subsidiaries<br />

were eliminated.<br />

The Group subsidiaries Elprom d.o.o., MHE Lobnica d.o.o., Jama Škale v zapiranju d.o.o.<br />

and Saša Inkubator d.o.o. are dormant companies and have not been consolidated at the<br />

controlling company level or the Group level, due to their immateriality. These companies<br />

are not material for a true and fair presentation of the Group’s operations. At the end of<br />

2012, the company TET Novi materiali d.o.o was founded with paid-up share capital of<br />

EUR 7,500. The company was entered into the in the Companies Register in January 2013.<br />

5.5.1.2 Associates<br />

Associated companies<br />

Eldom, družba za storitve in gostinstvo, d.o.o.<br />

Erico, inštitut za ekološke raziskave, d.o.o.<br />

PLP, lesna industrija, d.o.o.<br />

Sipoteh, strojna in proizvodna industrija, d.o.o.<br />

Fairwood PV<br />

Country of residence of the company<br />

Slovenia<br />

Slovenia<br />

Slovenia<br />

Slovenia<br />

Singapore<br />

5.5.1.3 Jointly controlled companies<br />

Jointly controlled companies Country of residence Co-owner - <strong>HSE</strong> Group company<br />

of the company<br />

Soenergetika d.o.o. Slovenia Holding Slovenske elektrarne d.o.o.<br />

<strong>Annual</strong> Report <strong>HSE</strong> 2012<br />

5 Financial Report of <strong>HSE</strong> Group<br />

169

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