Saab 2011 Annual Report Download - page 133

Acquisitions in  relate to Sensis Corporation of the US, assets from
Scandinavian Air Ambulance Holding and assets from the Czech company
E-COM. e acquisition in  relates to the remaining . per cent of
the shares in the associated company Opax  in Norway.
Acquisitions of associated companies
Group
MSEK 2011 2010
Acquired assets and liabilities
Financial fixed assets 104 -
Total assets 104 -
Purchase price paid 104 -
Effect on the Group’s liquid assets 104 -
Acquisitions in 2011 primarily relate to 36.6 per cent in Avia Satcom Co. Ltd
and shares in associated companies in the venture portfolio.
Sale of subsidiaries and associated companies
Group
MSEK 2011 2010
Divested assets and liabilities
Tangible fixed assets 11 -
Financial fixed assets 3 -
Current receivables 23 6
Assets held for sale 113 107
Liquid assets 8 -
Total assets 158 113
Current liabilities 8 12
Total liabilities 8 12
Sales price 1,272 161
Purchase price received 1,272 161
Less: Liquid assets in divested operations -8 -
Effect on the Groups net liquidity 1,264 161
where of interest-bearing receivables - 130
where of liquid assets 1,264 31
Divestments in  relate to the shares in Grintek Ewation (Pty) Ltd, Denel
Saab Aerostructures (Pty) Ltd, C Technologies  and Image Systems .
e divestment in  relates to Saab Bofors Industrier  and  per cent of
the associated company Hawker Pacic Ltd.
NOTE 47
INFORMATION ON PARENT COMPANY
Saab  (publ) is a limited company registered in Sweden, with its registered
oce in Linköping. e Parent Company’s shares are registered on the
  Stockholm. e address of the head oce is Saab , Box ,
SE-  Stockholm, Sweden.
e consolidated accounts for  comprise the Parent Company and its
Group companies, together referred to as the Group. e Group also includes
the holdings in associated companies and joint ventures.
NOTE 48
ENVIRONMENTAL REPORT
Operations subject to permit requirements in the Parent Company
Production of aircra and aircra components by the Parent Company, Saab
, in the Tannefors industrial zone in the municipality of Linköping is sub-
ject to licensing according to the Swedish Environment Code due to aero-
nautics operations, surface treatment processes, manufacturing of composite
materials, handling of chemical substances and the size of the manufacturing
facilities. e environmental impact of these operations primarily arises from
emissions of volatile organic compounds (s) and aircra emissions into
the atmosphere and of metals into waterways, the generation of industrial
wastes and noise disturbing local surroundings. e operations subject to
licensing predominantly entail manufacturing. e National Licensing Board
for Environmental Protection granted the license for aircra manufacture in
. e supervisory authorities have decided on additional terms for these
operations against the backdrop of the ’s  directive.
In Järfälla, Saab  has operations involving the manufacture of advanced
command and control systems, among other things, which are also subject to
licensing according to the Environment Code. e licensing requirement is
due to surface treatment processes and the size of the manufacturing facili-
ties. e environmental impact of these operations primarily arises from 
emissions into the atmosphere and of metals into waterways. e National
Licensing Board for Environmental Protection granted the license in .
With the exception of a few exceeded limits, Saab  did not exceed any
conditions in its permits or injunctions in .
Operations subject to permit requirements in subsidiaries
e operations carried on by Linköping City Airport  are subject to licens-
ing according to the Environment Code and are covered by the permit issued
by the National Licensing Board for Environmental Protection in  for
Saab ’s collective operations in the Tannefors industrial zone in the munic-
ipality of Linköping. is permit also covers the operations of Saab Dynam-
ics  in the area, despite that they are not subject to licensing and notica-
tion requirements according to the Environment Code.
Saab Dynamics  and Saab Bofors Test Center  carry on operations in
Karlskoga which are subject to licensing according to the Environment Code.
Saab Dynamics  carries on similar operations in Eskilstuna. In addition,
Saab Barracuda  carries on operations subject to licensing in Gamleby.
e environmental impact from subsidiaries subject to licensing primar-
ily consists of emissions of s and emissions from aircra into the atmos-
phere, emissions of metals and deicing solvents into waterways, generation of
industrial wastes and noise disturbing local surroundings.
In , none of Saab’s subsidiaries exceeded any conditions of their per-
mits or injunctions.
Operations subject to notification requirements
Saab  has operations in Arboga, Gothenburg, Ljungbyhed, Malmslätt,
Nyköping and Östersund which are subject to notication requirements in
accordance with the Swedish Environment Code. Permits granted by the
county boards in Arboga and Malmslätt in  and , respectively, still
apply. e Group also has operations subject to notication requirements in
the subsidiaries Saab Underwater Systems  in Motala, Saab Training Sys-
tems  in Huskvarna and Saab Precision Components  in Jönköping. e
environmental impact of these operations is very limited.
NOTE 46, CONT.
FINANCIAL INFORMATION > NOTES
SAAB ANNUAL REPORT 2011 129