09年沃尔沃财务报表

/

Million

Consolidatedincomestatements

SEK

M

2008

2009

Netsales

Note7

304,642

218,361

Costofsales

(238,928)

(186,167)

Grossincome

65,713

32,194

Researchanddevelopmentexpenses

Note7

(14,348)

(13,193)

Sellingexpenses

(27,129)

(25,334)

Administrativeexpenses

(6,940)

(5,863)

Otheroperatingincomeandexpenses

Note8

(1,539)

(4,798)

Incomefrominvestmentsinassociatedcompanies

Note7

,

9

25

(14)

Incomefromotherinvestments

Note10

69

(6)

Operatingincome

Note7

15,851

(17,013)

Interestincomeandsimilarcredits

1,171

390

Interestexpensesandsimilarcharges

(1,935)

(3,559)

Otherfinancialincomeandexpenses

Note11

(1,077)

(392)

Incomeafterfinancialitems

14,010

(20,573)

Incometaxes

Note12

(3,994)

5,889

Incomefortheperiod

10,016

(14,685)

Attributableto:

Equityholdersoftheparentcompany

9,942

(14,718)

Minorityinterests

Note13

74

33

10,016

(14,685)

Basicearningspershare,SEK

Note23

4.90

(7.26)

Dilutedearningspershare,SEK

Note23

4.90

(7.26)

Othercomprehensiveincome

Incomefortheperiod

10,016

(14,685)

Exchangedifferencesontranslationofforeignoperations

6,149

(1,246)

Exchangedifferencesonhedgeinstrumentsofnetinvestmentinforeignoperations

(414)

159

Accumulatedtranslationdifferencereversedtoincome

(82)

(136)

Available-for-saleinvestments

(459)

86

Cashflowhedges

(2,249)

2,313

Othercomprehensiveincome,netofincometaxes

2,945

1,176

Totalcomprehensiveincomefortheperiod

12,961

(13,509)

Attributableto:

Equityholdersoftheparentcompany

12,874

(13,561)

Minorityinterests

87

52

12,961

(13,509)

Consolidatedbalancesheets

SEKM

December31,2008

December31,2009

Assets

Non-currentassets

Intangibleassets

Note14

43,958

41,628

Tangibleassets

Note14

Property,plantandequipment

56,248

54,289

Investmentproperty

1,022

991

Assetsunderoperatingleases

25,429

82,699

20,388

75,668

Financialassets

Associatedcompanies

Note15

652

588

Othershares

andparticipations

Note15

1,301

1,456

Non-currentcustomer-financingreceivables

Note16

50,432

39,713

Deferredtaxassets

Note12

11,180

12,595

Prepaidpensions

Note24

2,442

2,049

Non-currentinterest-bearingreceivables

Note17

694

585

Othernon-currentreceivables

Note17

3,023

69,724

3,038

60,024

Totalnon-currentassets

196,381

177,320

Currentassets

Inventories

Note18

55,045

37,727

Currentreceivables

Customer-financingreceivables

Note19

48,057

42,264

Taxassets

1,810

1,523

Interest-bearingreceivables

Note20

1,965

410

Accountsreceivable

Note20

30,523

21,337

Otherreceivables

Note20

15,024

12,082

Noninterest-bearingassetsheldforsale

Note4

–

1,684

Interest-bearingassetsheldforsale

–

97,379

8

79,308

Marketablesecurities

Note21

5,902

16,676

Cashandcashequivalents

Note22

17,712

21,234

Totalcurrentassets

176,038

154,945

Totalassets

372,419

332,265

Shareholders’equityandliabilities

Shareholders’equity

Note23

Sharecapital

2,554

2,554

Additionalcontributedcapital

–

–

Reserves

5,078

6,235

Retainedearnings

66,436

72,334

Incomefortheperiod

9,942

(14,718)

Equityattributabletotheequityholdersoftheparentcompany

84,010

66,405

Minorityinterests

630

629

Totalshareholders’equity

84,640

67,034

Non-currentprovisions

Provisionsforpost-employment

benefits

Note24

11,705

8,051

Provisionsfordeferredtaxes

Note12

8,260

3,638

Otherprovisions

Note25

8,136

28,101

6,360

18,049

Non-currentliabilities

Note26

Bondloans

35,798

49,191

Otherloans

47,298

56,035

Otherliabilities

10,442

93,538

9,888

115,114

Currentprovisions

Note25

10,883

9,487

Currentliabilities

Note27

Loans

62,631

51,626

Noninterest-bearingliabilitiesheldforsale

Note4

–

272

Tradepayables

51,025

35,955

Taxliabilities

1,204

623

Otherliabilities

40,397

155.257

34,105

122,581

Totalshareholders’equityandliabilities

372,419

332,265

Assetspledged

Note28

1,380

958

Contingentliabilities

Note29

9,427

9,607

ChangesinconsolidatedShareholders'equity

Shareholders´equityattributabletoequityholdersoftheparentcompany

Share

Other

Translation

Retained

Minority

Total

SEKM

capital

reserves1)

reserve

earnings

Total

interests

equity

BalanceatDecember31,2007

2,554

435

1,711

77,502

82,202

579

82,781

Incomefortheperiod

–

–

–

9,942

9,942

74

10,016

Othercomprehensiveincome

Translationdifferences

–

–

6,126

–

6,126

23

6,149

Translationdifferencesonhedgeinstrumentsofnetinvestmentsinforeignoperations

–

–

(414)

–

(414)

–

(414)

Accumulatedtranslationdifferencereversedtoincome

–

–

(82)

–

(82)

–

(82)

Available-for-saleinvestments:

Note15

,

23

Gains/lossesat

valuationtofairvalue

–

(459)

–

–

(459)

–

(459)

Changein

hedgereserve

Note23

–

(2,239)

–

–

(2,239)

(10)

(2,249)

Othercomprehensiveincome

–

(2,698)

5,630

–

2,932

13

2,945

Totalincomefortheperiod

–

(2,698)

5,630

9,942

12,874

87

12,961

Transactionswithshareholders

Dividends

–

–

–

(11,150)

(11,150)

(54)

(11,204)

Sharebasedpayments

Note34

–

–

–

73

73

–

73

Changesinminorityinterests

–

–

–

–

–

(62)

(62)

Otherchanges

–

–

–

11

11

80

91

Transactionswithshareholders

(11,066)

(11,066)

(36)

(11,102)

BalanceatDecember31,2008

2,554

(2,263)

7,341

76,378

84,010

630

84,640

Incomefortheperiod

–

–

–

(14,718)

(14,718)

33

(14,685)

Othercomprehensiveincome

Translationdifferences

–

–

(1,252)

–

(1,252)

6

(1,246)

Translationdifferencesonhedgeinstrumentsofnetinvestmentsinforeignoperations

–

–

159

–

159

–

159

Accumulatedtranslationdifferencereversedtoincome

–

–

(136)

–

(136)

–

(136)

Available-for-saleinvestments:

Note15

,

23

Gains/lossesat

valuationtofairvalue

–

86

–

–

86

–

86

Changein

hedgereserve

Note23

–

2,300

–

–

2,300

13

2,313

Othercomprehensiveincomefortheperiod

–

2,386

(1,229)

–

1,157

19

1,176

Totalincomefortheperiod

–

2,386

(1,229)

(14,718)

(13,561)

52

(13,509)

Transactionswithshareholders

Dividends

–

–

–

(4,055)

(4,055)

(15)

(4,070)

Sharebasedpayments

Note34

–

–

–

4

4

–

4

Changesinminorityinterests

–

–

–

–

–

(2)

(2)

Otherchanges

–

–

–

7

7

(36)

(29)

Transactionswithshareholders

(4,044)

(4,044)

(53)

(4,097)

BalanceatDecember31,2009

2,554

123

6,112

57,616

66,405

629

67,034

1Forspecificationofotherreservespleasesee

Note23

.

Consolidatedcash-flowstatements

SEKM

2008

2009

Operatingactivities

Operatingincome

15,851

(17,013)

Depreciationandamortization

Note14

13,524

15,227

Otheritemsnotaffectingcash

Note30

(133)

4,397

Changesinworkingcapital:

(Increase)/decreaseinreceivables

3,209

10,271

(Increase)/decreasein

customerfinancereceivables

(10,174)

12,806

(Increase)/decreaseininventories

(6,664)

15,225

Increase/(decrease)in

liabilitiesandprovisions

(9,675)

(21,387)

Interestandsimilaritemsreceived

1,100

353

Interestandsimilaritemspaid

(1,302)

(2,905)

Otherfinancialitems

109

(514)

Incometaxespaid

(5,076)

(1,604)

Cash-flowfromoperatingactivities

769

14,856

Investingactivities

Investmentsinfixedassets

(12,664)

(10,464)

Investmentsinleasingassets

(5,440)

(4,246)

Disposalsoffixedassetsandleasingassets