Saab 2014 Annual Report Download - page 120

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FINANCIAL INFORMATION – NOTES
The Group’s outstanding derivatives
Currency derivatives Fair value 2014 Fair value 2013
Million Currency
Local
currency Asset SEK Liability SEK Net
Local
currency Asset SEK Liability SEK Net
Maturity up to 1 year EUR -298 45 96 -51 -287 57 74 -17
USD -161 187 463 -276 -531 88 39 49
Other - 46 100 -54 - 41 49 -8
Subtotal 278 659 -381 186 162 24
Maturity 1 to 3 years EUR -112 28 71 -43 -125 51 69 -18
USD -421 39 413 -374 -394 94 35 59
Other - 20 24 -4 - 11 13 -2
Subtotal 87 508 -421 156 117 39
Maturity 3 to 5 years EUR -8 7 11 -4 -17 9 6 3
USD 74 73 125 -52 -242 26 2 24
Other - 14 3 11 - - 1 -1
Subtotal 94 139 -45 35 9 26
Maturity over 5 years EUR 41 2 4 -2 -15 5 3 2
USD 96 29 - 29 -14 2 - 2
Other - 17 - 17 - - - -
Subtotal 48 4 44 7 3 4
Currency derivatives, total1) 507 1,310 -803 384 291 93
1) Retained premiums on open currency option contracts amount to MSEK 36 (3).
Interest derivatives Fair value 2014 Fair value 2013
Million Currency
Local
currency Asset SEK Liability SEK Net
Local
currency Asset SEK Liability SEK Net
Maturity up to 1 year SEK - - - - 303 - 8 -8
USD 1 - - - - - - -
Subtotal - - - - 8 -8
Maturity 1 to 3 years SEK 217 - 12 -12 - - - -
USD - - - - 5 - 2 -2
Subtotal - 12 -12 - 2 -2
Maturity 3 to 5 years SEK 1,650 - 79 -79 967 5 4 1
Subtotal - 79 -79 5 4 1
Interest derivatives, total2) - 91 -91 5 14 -9
2) Market value includes accrued interest of MSEK -4 (-9).
Electricity derivatives Fair value 2014 Fair value 2013
Million Megawatt Asset SEK Liability SEK Net Megawatt Asset SEK Liability SEK Net
Maturity up to 1 year 20 2 6 -4 19 6 16 -10
Subtotal 2 6 -4 6 16 -10
Maturity 1 to 3 years 11 - 1 -1 14 - 2 -2
Subtotal - 1 -1 - 2 -2
Electricity derivatives, total 2 7 -5 6 18 -12
Total derivatives Fair value 2014 Fair value 2013
Million Asset SEK Liability SEK Net Asset SEK Liability SEK Net
DERIVATIVES, TOTAL 509 1,408 -899 395 323 72
(of which derivatives used for cash flow hedges) -897 74
Accrued interest and retained premiums, see
footnotes 1 and 2 above -32 - -32 - -6 6
Netting accrued interest and premiums -8 -8 - 1 -1 2
DERIVATIVES ACCORDING TO GROUP’S
FINANCIAL POSITION 469 1,400 -931 396 316 80
Note 41, cont.
116 – SAAB ANNUAL REPORT 2014