Company 24: Current investments
| In TEUR | 2011 | 2010 |
|---|---|---|
| Available-for-sale financial assets | 14.031 | 9.035 |
| Loans | 79.851 | 64.128 |
| Interest receivable | 791 | 1.023 |
| Other current receivables from financing activities | 116 | 2.286 |
| Total | 94.789 | 76.472 |
Other current receivables from financing activities include receivables transferred from non-current to current receivables due to their maturity, less payments received. They relate to non-operating assets disposed in 2008.
| In TEUR | 2011 | 2010 |
|---|---|---|
| Opening balance at 1 January | 9.035 | 12.175 |
| Acquisition | 6.030 | 1.358 |
| Sale | 0 | -3.243 |
| Impairment | -1.034 | -1.255 |
| Closing balance at 31 December | 14.031 | 9.035 |
Impairment loss in the amount of TEUR 920 was recorded under finance expenses; impairment loss in the amount of TEUR 114 was recorded under net change in fair value in the statement of comprehensive income.
The acquisition mainly relates to the acquisition of shares of Merkur, d.d., in compulsory composition.
| In TEUR | 2011 | 2010 |
|---|---|---|
| Current loans to companies in the Gorenje Group | 71.604 | 46.852 |
| Current portion of non-current loans to other companies | 367 | 388 |
| Current loans to other companies | 7.880 | 16.850 |
| Current deposits with banks | 0 | 38 |
| Total | 79.851 | 64.128 |
In 2011, current deposits with banks with maturity up to 30 days were recorded under cash and cash equivalents in the amount of TEUR 57,375.
| In TEUR | 2011 | 2010 |
|---|---|---|
| Kemis, d.o.o., Radomlje | 211 | 0 |
| Publicus, d.o.o., Ljubljana | 460 | 500 |
| Gorenje Surovina, d.o.o., Maribor | 11.406 | 2.630 |
| Gorenje Notranja oprema, d.o.o., Velenje | 13.623 | 9.827 |
| Gorenje Orodjarna, d.o.o., Velenje | 1.084 | 0 |
| Indop, d.o.o., Šoštanj | 0 | 5.410 |
| Total | 26.784 | 18.367 |
| In TEUR | 2011 | 2010 |
|---|---|---|
| KEMIS-Termoclean, d.o.o., Croatia | 0 | 770 |
| Gorenje Beteiligungs GmbH, Austria | 16.265 | 17.075 |
| Asko Appliances AB, Sweden | 28.400 | 9.500 |
| Gorenje Nederland BV, the Netherlands | 0 | 1.140 |
| Gorenje Istanbul Ltd., Turkey | 155 | 0 |
| Total | 44.820 | 28.485 |
Short-term loans bear interest at a nominal interest rate ranging from 4.8 % to 7.5 %.
Regarding current loans, the Company is not exposed to higher financial risks as most of these loans were extended to its subsidiaries.
Current loans to specific groups of persons
No current loans were granted to the Management Board members, the Supervisory Board members, and internal owners.