Saab 2011 Annual Report Download - page 124

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Outstanding derivatives
Currency derivatives Fair value 2011 Fair value 2010
Million Cur-
rency Nominal
currency Asset SEK Liability
SEK Net Nominal
currency Asset SEK Liability
SEK Net
Maturity up to one year EUR -299 160 46 114 -255 224 87 137
USD -342 57 160 -103 -310 202 126 76
Other - 67 79 -12 - 166 80 86
Outstanding currency derivatives with maturities
up to one year, total 284 285 -1 592 293 299
Maturity one to three years EUR -119 78 39 39 -160 149 37 112
USD -186 46 115 -69 -142 59 125 -66
Other - 12 17 -5 -574512
Outstanding currency derivatives with maturities
of one to three years, total 136 171 -35 265 207 58
Maturity three to five years EUR -32 22 11 11 -36 28 17 11
USD -172 27 49 -22 -143 27 48 -21
Outstanding currency derivatives with maturities
of three to five years, total 49 60 -11 55 65 -10
Maturity over five years EUR -30 20 - 20 -19 18 3 15
USD -59 715-8
-139 24 21 3
Outstanding currency derivatives with maturities over
five years, total 27 15 12 42 24 18
Currency derivatives, total1) 496 531 -35 954 589 365
1) Retained premiums on open contracts amount to MSEK 28 (13).
Interest derivatives Fair value 2011 Fair value 2010
Million Cur-
rency Nominal
currency Asset SEK Liability
SEK Net Nominal
currency Asset SEK Liability
SEK Net
Maturity up to one year SEK 600 - 4 -4 200 - 3 -3
USD --2-2
----
Outstanding interest derivatives with maturities
up to one year, total -6-6 -3-3
Maturity one to three years SEK 1,021 1 22 -21 1,256 2 5 -3
NOK ----
500 104 111 -7
USD ----
10 - 9 -9
Outstanding interest derivatives with maturities
of one to three years, total 1 22 -21 106 125 -19
Maturity three to five years SEK 100 - 6 -6 150 1 1 -
USD 20 - 16 -16 25 - 24 -24
Outstanding interest derivatives with maturities
of three to five years, total - 22 -22 1 25 -24
Maturity over five years SEK ----
30 1 - 1
Outstanding interest derivatives with maturities over
five years, total --- 1-1
Interest derivatives, total2) 1 50 -49 108 153 -45
2) Market value includes accrued interest of MSEK -19 (-17) and retained premiums on open contracts of MSEK -0 (-1).
Electricity derivatives Fair value 2011 Fair value 2010
Million Mega-
watt Asset SEK Liability
SEK Net Mega-
watt Asset SEK Liability
SEK Net
Maturity up to one year 15 24 34 -10 17 66 42 24
Outstanding electricity derivatives with maturities
up to one year, total 24 34 -10 66 42 24
Maturity one to three years 14 - 5 -5 16 8 2 6
Outstanding electricity derivatives with maturities
of one to three years, total -5-5 826
Electricity derivatives, total 24 39 -15 74 44 30
DERIVATIVES, TOTAL 521 620 -99 1,136 786 350
(of which derivatives used for cash flow hedges) - - -78 - - 288
Accrued interest and retained premiums, see Notes 1 and 2 above -9 - -9 --55
Netting accrued interest and premiums 88- -31 -31 -
DERIVATIVES ACCORDING TO GROUP’S FINANCIAL POSITION 520 628 -108 1,105 750 355
NOTE 41, CONT.
FINANCIAL INFORMATION > NOTES
120 SAAB ANNUAL REPORT 2011