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Group 11: Associated companies

The Group's share in profits or losses of associates was in the reporting period recorded at TEUR – 9 (2010: 0).

Assets, liabilities, revenue and expenses of associates in 2011 are outlined below:

Company / in TEURNon-current assetsCurrent assetsNon-current liabilitiesCurrent liabilitiesRevenueExpensesIncome taxProfit or loss
Econo Projektiranje, d.o.o. 60 474 6 365 780 -776 -1 3
GGE, d.o.o. 1.282 20 0 1.256 1 -106 0 -105
RCE,  d.o.o. 725 6.275 354 4.075 504 -446 -12 46
ENVI-TECH DOO, Belgrade 11 97 0 45 188 -187 0 1
Gorenje Projekt, d.o.o. 1 5.011 0 4.680 2.014 -1.987 0 27
Source: Data from Gorenje Group