09年沃尔沃财务报表

1、09年沃尔沃财务报表 illion Consolidated income statements SEK M 2008 2009 Net sales Note 7 304,642 218,361 Cost of sales ( 238,928) (186,167) Gross income 65,713 32,194 Research and development expenses Note 7 (14,348) (13,193) Selling expenses (27,129) (25,334) Administrative expenses (6,940) (5,863) Other

2、operating income and expenses Note 8 (1,539) (4,798) Income from investments in associated companies Note 7, 9 25 (14) Income from other investments Note 10 69 (6) Operating income Note 7 15,851 (17,013) Interest income and similar credits 1,171 390 Interest expenses and similar charges (1,935) (3,5

3、59) Other financial income and expenses Note 11 (1,077) (392) Income after financial items 14,010 (20,573) Income taxes Note 12 (3,994) 5,889 Income for the period 10,016 (14,685) Attributable to: Equity holders of the parent company 9,942 (14,718) Minority interests Note 13 74 33 10,016 (14,685) No

4、te Basic earnings per share, SEK 23 4.90 (7.26) Other comprehensive income Income for the period 10,016 (14,685) Exchange differences on translation of foreign operations 6,149 (1,246) Exchange differences on hedge instruments of net investment in foreign operations (414) 159 Accumulated translation

5、 difference reversed to income (82) (136) Available-for-sale investments (459) 86 Cash flow hedges (2,249) 2,313 Other comprehensive income, net of income taxes 2,945 1,176 Total comprehensive income for the period 12,961 (13,509) Attributable to: Equity holders of the parent company 12,874 (13,561)

6、 Minority interests 87 52 12,961 (13,509) Diluted earnings per share, SEK Note 23 4.90 (7.26) Consolidated balance sheets Associated companies Note 15 652 588 SEK M December 31, 2008 December 31, 2009 Assets Non-current assets Intangible assets Note 14 43,958 41,628 Tangible assets Note 14 Property,

7、 plant and equipment 56,248 54,289 Investment property 1,022 991 Assets under operating leases 25,429 82,699 20,388 75,668 Financial assets Other shares and participations Note 15 1,301 1,456 Non-current customer-financing receivables Note 16 50,432 39,713 Deferred tax assets Note 12 11,180 12,595 P

8、repaid pensions Note 24 2,442 2,049 Non-current interest-bearing receivables Note 17 694 585 Other non-current receivables Note 17 3,023 69,724 3,038 60,024 Total non-current assets 196,381 177,320 Current assets Inventories Note 18 55,045 37,727 Current receivables Customer-financing receivables No

9、te 19 48,057 42,264 Tax assets 1,810 1,523 Interest-bearing receivables Note 20 1,965 410 Accounts receivable Note 20 30,523 21,337 Other receivables Note 20 15,024 12,082 Note Non interest-bearing assets held for sale 4 1,684 Interest-bearing assets held for sale 97,379 8 79,308 Marketable securiti

10、es Note 21 5,902 16,676 Cash and cash equivalents Note 22 17,712 21,234 Total current assets 176,038 154,945 Total assets 372,419 332,265 Shareholders equity and liabilities Shareholders equity Note 23 Share capital 2,554 2,554 Additional contributed capital Reserves 5,078 6,235 Retained earnings 66

11、,436 72,334 Income for the period 9,942 ( 14,718) Equity attributable to the equity holders of the parent company 84,010 66,405 Minority interests 630 629 Total shareholders equity 84,640 67,034 Income for the period 9,942 9,942 74 10,016 Non-current provisions Provisions for post-employment benefit

12、s Note 24 11,705 8,051 Provisions for deferred taxes Note 12 8,260 3,638 Other provisions Note 25 8,136 28,101 6,360 18,049 Non-current liabilitiesNote 26 Bond loans 35,798 49,191 Other loans 47,298 56,035 Other liabilities 10,442 93,538 9,888 115,114 Current provisions Note 25 10,883 9,487 Current

13、liabilities Note 27 Loans 62,631 51,626 Non interest-bearing liabilities held for saleNote 4 272 Trade payables 51,025 35,955 Tax liabilities1,204 623 Other liabilities 40,397 155.257 34,105 122,581 Total shareholders equity and liabilities 372,419 332,265 Assets pledged Note 28 1,380 958 Contingent

14、 liabilities Note 29 9,427 9,607 Changes in consolidated Shareholders equity SEK M Shareholders equity attributable to equity holders of the parent company Share Other Translation Retained Minority Total reserves capital 1) reserve earnings Total i nterests equity Balance at December 31, 2007 2,554

15、435 1,711 77,502 82,202 579 82,781 Other comprehensive income Translation differences 6,126 6,126 23 6,149 Translation differences on hedge instruments of net investments in foreign operations (414) (414) (414) Accumulated translation difference reversed to income (82) (82) (82) Available-for-sale i

16、nvestments: Note 15, 23 Gains/losses at valuation to fair value (459) (459) (459) Change in reserve edge Note 23 (2,239) (2,239) (10) (2,249) Other comprehensive income (2,698) 5,630 2,932 13 2,945 Total income for the period (2,698) 5,630 9,942 12,874 87 12,961 Transactions with shareholders Balanc

17、e at December 31, 2008 2,554 (2,263) 7,341 76,378 84,010 630 84,640 Dividends (11,150) (11,150) (54) ( 11,204) Share based paymentsNote 34 73 73 73 Changes in minority interests (62) (62) Other changes 11 11 80 91 Transactions with shareholders (11,066) (11,066) (36) ( 11,102) Income for the period

18、(14,718) (14,718) 33( 14,685) income Translation differences (1,252) (1,252) 6 (1,246) Translation differences on hedge instruments of net investments in foreign operations 159 159 159 Accumulated translation difference reversed to income (136) (136) (136) Available-for-sale investments: Note 15, 23

19、 Gains/losses at valuation to fair value 86 86 86 Change in reserve edge Note 23 2,300 2,300 13 2,313 Other comprehensive income for the period 2,386 (1,229) 1,157 19 1,176 Total income for the period 2,386 (1,229) (14,718) (13,561) 52( 13,509) Transactions with shareholders Dividends (4,055) (4,055

20、) (15) (4,070) Share based payments Note 34 4 4 4 Changes in minority interests(2)(2) Other changes77(36)(29) Transactions with shareholders (4,044) (4,044) (53) (4,097) Balance at December 31, 2009 2,554 123 6,112 57,616 66,405 629 67,034 1 For specification of other reserves please see Note 23 . C

21、onsolidated cash-flow statements SEK M 2008 2009 Operating activities Operating income 15,851 (17,013) Depreciation and amortization Note 14 13,524 15,227 Other items not affecting cash Note 30 (133) 4,397 Changes in working capital: (Increase)/decrease in receivables 3,209 10,271 (Increase)/decreas

22、e in customer finance receivables ( 10,174) 12,806 (Increase)/decrease in inventories (6,664) 15,225 Increase/(decrease) in liabilities and provisions (9,675) (21,387) Interest and similar items received 1,100 353 Interest and similar items paid (1,302) (2,905) Other financial items 109 (514) Income taxes paid (5,076) (1,604) Cash-flow from operating activities 769 14,856 Investing activities Investments in fixed assets ( 12,664) ( 10,464) Investments in leasing assets (5,440) (4,246) Disposals of fixed assets and leasing assets 2,905 3,849 Shares and participations, net Note 30 (29) (