Saab 2012 Annual Report Download - page 123
Download and view the complete annual report
Please find page 123 of the 2012 Saab annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Acquisitions in relate mainly to the Dutch company .., the Ger-
man company mb, Sörman Intressenter (parent company of
Sörman Information ), Täby Displayteknik , and per cent of the
shares in the Norwegian company Bayes Risk Management . Acquisitions
in relate to Sensis Corporation in the .., assets from Scandinavian Air
Ambulance Holding and assets from the Czech company -.
Acquisitions of associated companies
Group
MSEK 2012 2011
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 2012 2011
Divested assets and liabilities
Tangible fixed assets 190 11
Financial fixed assets 7 3
Current receivables 1 23
Assets held for sale - 113
Liquid assets - 8
Total assets 198 158
Current liabilities - 8
Deferred tax liability 25 -
Total liabilities 25 8
Sales price 174 1,272
Purchase price received 174 1,272
Less: Liquid assets in divested operations - -8
Effect on the Groups net liquidity 174 1,264
whereof liquid assets 174 1,264
Divestments in relate to an investment property and the shares in Sör-
man Intressenter , parent company of Sörman Information . Divest-
ments in relate to the shares in Grintek Ewation (Pty) Ltd, Denel Saab
Aerostructures (Pty) Ltd, C Technologies and Image Systems .
NOTE 47 Information on Parent Company
Saab (publ) is a limited company registered in Sweden, with its registered
oce in Linköping. e Parent Company’s shares are registered on the
Stockholm. e address of the head oce 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
subject to licensing pursuant 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 licence for aircra manufacture in
. e supervisory authorities and the Environmental Court imposed
additional terms for these operations in and , respectively, 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 under to the Environment Code. e licensing requirement is due
to surface treatment processes and the size of the manufacturing facilities.
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 licence 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 under 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 municipality of
Linköping. is permit also covers the operations of Saab Dynamics in
the area, despite the fact that they are not subject to licensing and notication
requirements under the Environment Code.
Saab Dynamics and Saab Bofors Test Center run operations in
Karlskoga that are subject to licensing under the Environment Code. During
the rst six months of , Saab Dynamics ran similar operations in
Eskilstuna. In addition, Saab Barracuda runs operations subject to licens-
ing 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 de-icing 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, Ljungbyhed, Malmslätt, Nyköping and
Östersund which are subject to notication requirements pursuant to 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 notication requirements in the subsidiaries Saab
Dynamics in Motala, Saab Training Systems in Huskvarna and Saab
Precision Components in Jönköping. e environmental impact of these
operations is extremely limited.
NOTE 46, CONT.
FINANCIAL INFORMATION > NOTES
SAAB ANNUAL REPORT 2012 119