Volvo 2000 Annual Report Download - page 90

Download and view the complete annual report

Please find page 90 of the 2000 Volvo 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.

Page out of 112

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112

PARENT COMPANY AB VOLVO
NOTES TO FINANCIAL STATEMENTS
88
1998 1999 2000
Tax liabilities 803 – –
Wages, salaries and withholding taxes 29 37 30
Other liabilities 29 86 95
Accrued expenses and prepaid income 53 72 55
Total 914 195 180
No collateral is provided for current liabilities.
Of the contingent liabilities amounting to 133,856
(104,742; 80,018), 133,548 (104,415; 79,652) per-
tained to subsidiaries.
Guarantees for various credit programs are included
in amounts corresponding to the credit limits. These
guarantees amount to 130,691 (101,885; 74,837), of
which guarantees on behalf of subsidiaries totaled
130,686 (101,863; 74,832). At the end of each year, the
utilized portion amounted to 58,448 (41,296; 36,445)
including 58,140 (40,969; 36,079) pertaining to sub-
sidiaries.
Note 18 Other current liabilities
Note 19 Contingent liabilities