Group 22: Investment property
|TEUR#15,219
| in TEUR | 2011 | 2010 |
|---|---|---|
| Land | 8.218 | 1.598 |
| Buildings | 7.001 | 2.920 |
| Total | 15.219 | 4.518 |
Investment property includes land and buildings acquired for resale or increase in investments. Investment property is measured using the fair value model. Acquisition refers to to the purchase of land and buildings from Gorenje Tiki, d.o.o. (company in liquidation).
| in TEUR | 2011 | 2010 |
|---|---|---|
| Opening balance at 1 January | 4.518 | 7.802 |
| Increase | 9.722 | 0 |
| Revaluation | 0 | -1.493 |
| Decrease | -312 | -481 |
| Disposal of Group companies | 0 | -3 |
| Transfer from property, plant and equipment | 1.292 | 0 |
| Transfer to property, plant and equipment | -1 | -1.307 |
| Closing balance at 31 December | 15.219 | 4.518 |