Volvo 1999 Annual Report Download - page 87

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85
Dec 31, 1997 Dec 31, 1998 Dec 31, 1999
Assets
Non-current assets
Rights Note 10 –3926
Total intangible assets – 39 26
Property, plant and equipment Note 10 30 40 24
Total tangible assets 30 40 24
Shares and participations in Group companies Note 11 39,868 45,193 33,528
Long-term receivables with Group companies 628 643 680
Other shares and participations Note 11 1,051 2,131 27,596
Other long-term receivables 100 100 12,640
Total financial non-current assets 41,647 48,067 74,444
Total non-current assets 41,677 48,146 74,494
Current assets
Short-term receivables from Group companies 5,309 29,043 1,726
Other short-term receivables Note 12 57 68 287
Short-term investments in Group companies 5,178 1,872 6,280
Cash and bank accounts 5 4 7
Total current assets 10,549 30,987 8,300
Total assets 52,226 79,133 82,794
Shareholders’ equity and liabilities
Shareholders’ equity Note 13
Share capital (441,520,885 shares, par value SEK 6) 2,649 2,649 2,649
Legal reserve 7,241 7,241 7,241
Total restricted equity 9,890 9,890 9,890
Retained earnings 10,110 25,951 47,346
Net income 18,049 24,044 18,547
Total unrestricted equity 28,159 49,995 65,893
Total shareholders’ equity 38.049 59,885 75,783
Untaxed reserves Note 14 481 1,167 1,394
Provisions
Provisions for pensions Note 15 296 291 293
Other provisions Note 16 126 119 128
Total provisions 422 410 421
Non-current liabilities Note 17
Liabilities to Group companies 10,951 9,010 3,023
Total non-current liabilities 10,951 9,010 3,023
Current liabilities
Loans from Group companies — 765 788
Other loans 1 – –
Trade payables 38 36 122
Other liabilities to Group companies 2,162 6,946 1,068
Other current liabilities Note 18 122 914 195
Total current liabilities 2,323 8,661 2,173
Total shareholders’ equity and liabilities 52,226 79,133 82,794
Assets pledged – — –
Contingent liabilities Note 19 72,287 80,018 104,742
Balance sheets SEK M