Management Report

Quarterly movement of the Group's revenues (in MEUR)
	2010	2011
q1	291,0	370,2
q2	319,1	374,4
q3	355,7	315,5
q4	416,4	362,1
Year	1.382,2	1.422,2
Source: Data from Gorenje Group

In 2011 we increased revenues by 5,4 %. More ...

Quarterly movement of Group's EBIT (in MEUR)
	2010	2011
q1	7,8	8,9
q2	11,9	9,0
q3	24,7	5,5
q4	12,0	13,1
Year	56,4	36,5
Source: Data from Gorenje Group

Difficult market conditions caused decrease in our profitability.
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Maturity Structure of Financial Liabilities (in MEUR)
	2010	2011
Non-current financial liabilities	0,2609	0,3025
Current financial liabilities	0,2230	0,1816
Total	0,4839	0,4841
Source: Data from Gorenje Group

In 2011 we decreased debt and increased share of long term debt by 8.6%. More ...