Saab 2011 Annual Report Download - page 101

NOTE 13
FINANCIAL INCOME AND EXPENSES
Group
MSEK 2011 2010
Interest income on loans receivable 186 61
Financial income from revaluation of financial assets and
liabilities measured at fair value through profit or loss - 65
Dividends 5 6
Other financial income 1 1
Less project interest applied to gross income -30 -17
Financial income 162 116
Interest expenses on loans and financial liabilities -140 -104
Financial expenses from revaluation and disposal of
financial assets and liabilities measured at fair value
through profit or loss -110 -52
Financial expenses related to pensions -60 -169
Other financial expenses -14 -16
Financial expenses -324 -341
Share in income of associated companies 4 26
Net financial income and expenses -158 -199
Parent Company
Result from shares in
Group companies
Result from shares in
associated compa-
nies/joint ventures
MSEK 2011 2010 2011 2010
Dividends 543 419 2 5
Group contributions
received 1,087 1,039 - -
Group contributions paid -144 -28 - -
Capital gain on sale of
shares 68 1 43 20
Impairments -128 -283 - -
Other -16 23 14 7
Total 1,410 1,171 59 32
Parent Company
Result from other
securities and
receivables held as
fixed assets
Other interest income
and similar profit/loss
items
MSEK 2011 2010 2011 2010
Interest income,
Group companies - - 66 114
Other interest income - - 146 16
Capital gain on sale of
shares 112 - - -
Impairment -4 -23 - -
Dividends 26 27 - -
Translation differences 43 113 - -
Net change in value from
revaluation of financial
assets/liabilities -77 15 - -
Less project interest
applied to gross income - - -30 -16
Other -19 -25 - -
Total 81 107 182 114
Parent Company
Interest expenses and
similar profit/loss items
MSEK 2011 2010
Interest expenses, Group companies -120 -53
Other interest expenses -87 -120
Total -207 -173
NOTE 14
APPROPRIATIONS
Parent Company
MSEK 2011 2010
Buildings and land 17 19
Property, plant and equipment as well as tools
and installations 40 -102
Total difference between tax depreciation and deprecia-
tion according to plan 57 -83
Tax allocation reserve -350 -
Total -293 -83
NOTE 15
TAXES
Tax recognised through profit or loss
Group
MSEK 2011 2010
Current tax expense (-)/tax income (+)
Taxes for the year -442 -350
Adjustment for taxes related to previous years 18 2
Total -424 -348
Deferred tax expense (-)/tax income (+)
Deferred tax related to temporary differences -186 312
Deferred tax related to value of tax loss
carry forwards capitalised during the year 48 9
Deferred tax expense due to utilisation of previously
capitalised tax value in tax loss carry forwards -2 -276
Deferred tax related to previous years -2 -19
Total -142 26
Total recognised tax in Group -566 -322
e Group’s table, “Change in deferred tax in temporary dierences and tax
loss carry forwards”, on page  species how deferred tax aects income.
e net change in the tax loss carry forwards for the year excluding acquisi-
tion/divestment of operations amounts to , which is the sum of the
deferred tax on the capitalised tax value of tax loss carry forwards,  ,
and the deferred tax expense resulting from the utilisation of the previously
capitalised value of tax loss carry forwards, -.
e remaining amount in the table’s column, “Recognised in prot or
loss”, amounts to  -, which is the sum of deferred tax related to tem-
porary dierences and deferred tax related to previous years. In total, the
Group’s deferred tax amounts to - () and current tax expense for
the year to  - (-) which generate a total reported tax of  -
(-) in the consolidated income statement.
FINANCIAL INFORMATION > NOTES
SAAB ANNUAL REPORT 2011 97