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FINANCIAL INFORMATION – NOTES
logies (Pty) Ltd ceased in March 2014, after which it was reclassified as an associ-
ated company. The gain associated with the loss of control amounts to MSEK 12
and is recognised as other operating income.
Aggregate net income for Saab’s associated companies amounts to MSEK 27
(63) and other comprehensive income to MSEK 119 (-29), producing net compre-
hensive income of MSEK 146 (34). For Saab’s joint ventures, net income amounts
to MSEK 29 (0) and other comprehensive income to MSEK 4 (0), producing net
comprehensive income of MSEK 33 (0). Saab’s share of income in associated
companies and joint ventures amounts to MSEK 18 (25). Shares in associated
companies and joint ventures as of 31 December 2014 include goodwill of
MSEK79 (60).
The Group’s share of sales, income, assets, liabilities and the carrying amount of
shares in associated companies and joint ventures is as follows.
2014
MSEK Country Sales
Share in income of
associated companies
and joint ventures
Associated companies
Wah Nobel (Pvt) Ltd. Pakistan 33 15
Taurus Systems GmbH Germany 50 -2
S.N. Technologies SA Switzerland 23 2
Industrikompetens
i Östergötland AB Sweden 46 -1
Omnigo (Pty) Ltd. South Africa 24 -1
Kontorsbolaget i Karlskoga AB Sweden 20 1
FFV Services Private Limited India 19 7
AVIA SATCOM Co., Ltd. Thailand 101 -
Saab Grintek Technologies Ltd. South Africa 139 -
Other associated companies,
mainly in the venture portfolio 12 -17
Total associated
companies 467 4
Joint ventures
Gripen International KB Sweden - -
Fortis Marine Solutions Pte Ltd Singapore 117 14
Total joint ventures 117 14
Total 584 18
2013
MSEK Country Sales
Share in income of
associated companies
and joint ventures
Associated companies
Hawker Pacific Airservices Ltd Hong Kong 510 -2
Wah Nobel (Pvt) Ltd Pakistan 22 4
Taurus Systems GmbH Germany 28 -
S.N. Technologies SA Switzerland 24 1
Industrikompetens
i Östergötland AB Sweden 35 -
Omnigo (Pty) Ltd South Africa 22 1
Kontorsbolaget i Karlskoga AB Sweden 20 -
FFV Services Private Limited India 16 7
AVIA SATCOM Co., Ltd Thailand 102 23
Other associated companies,
mainly in the venture portfolio 11 -9
Total associated
companies 790 25
Joint ventures
Gripen International KB Sweden - -
Total joint ventures - -
Total 790 25
31-12-2014
MSEK Assets Liabilities
Carrying amount,
shares in associated
companies and
joint ventures
Ownership
interest, %
Associated companies
Wah Nobel (Pvt) Ltd 52 11 41 27.2
Taurus Systems GmbH 339 336 3 33.0
S.N. Technologies SA 18 6 12 50.0
Industrikompetens
i Östergötland AB 20 11 9 33.0
Omnigo (Pty) Ltd 12 7 5 40.0
Kontorsbolaget i
Karlskoga AB 122 115 7 50.0
FFV Services Private
Limited 30 3 27 49.0
AVIA SATCOM Co., Ltd 170 40 130 36.6
Saab Grintek Technolo-
gies Ltd. 106 55 51 70.0
Other associated com-
panies, mainly in the ven-
ture portfolio 66 11 55
Total associated
companies 935 595 340
Joint ventures
Gripen International KB 216 187 29 50.0
Fortis Marine Solutions
Pte Ltd 53 25 28 49.0
Total joint ventures 269 212 57
Total 1,204 807 397
31-12-2013
MSEK Assets Liabilities
Carrying amount,
shares in associated
companies and joint
ventures
Ownership
interest, %
Associated companies
Hawker Pacific
Airservices Ltd 332 227 105 32.3
Wah Nobel (Pvt) Ltd 34 7 27 27.2
Taurus Systems GmbH 126 120 6 33.0
S.N. Technologies SA 15 5 10 50.0
Industrikompetens
i Östergötland AB 19 9 10 33.0
Omnigo (Pty) Ltd 13 7 6 40.0
Kontorsbolaget i
Karlskoga AB 121 115 6 50.0
FFV Services Private
Limited 25 6 19 49.0
AVIA SATCOM Co., Ltd 142 34 108 36.6
Other associated com-
panies, mainly in the ven-
ture portfolio 42 1 41
Total associated
companies 869 531 338
Joint ventures
Gripen International KB 256 227 29 50.0
Total joint ventures 256 227 29
Total 1,125 758 367
Note 21, cont.
SAAB ANNUAL REPORT 2014 – 101