Volvo 2002 Annual Report Download - page 47

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Note 15 Other long-term receivables
2000 2001 2002
Convertible debenture loan in Henlys 2,288 2,561 2,118
Other loans to external parties 2,297 2,635 1,364
Prepaid pensions 447 358 706
Deferred tax assets 1,527 7,741 7,611
Other receivables 705 1,161 686
Total 7,264 14,456 12,485
Note 16 Inventories
2000 2001 2002
Finished products 13,210 20,303 17,987
Production materials, etc. 10,341 10,772 10,318
Total 23,551 31,075 28,305
Increase (decrease) in obsolescence reserve 2000 2001 2002
Balance sheet, December 31, preceding year 1,277 1,333 3,017
Increase in obsolescence reserve charged to income 155 252 248
Scrapping (53) (162) (348)
Acquired and divested operations 3 1,421 (1)
Translation differences 76 224 (262)
Reclassifications, etc. (125) (51) 56
Balance sheet, December 31 1,333 3,017 2,710
Note 17 Short-term customer-financing receivables
2000 2001 2002
Installment credits 6,143 8,450 8,306
Financial leasing 5,195 5,913 5,269
Retailer financing 6,816 7,296 7,356
Other receivables 728 1,050 860
Total 18,882 22,709 21,791
Note 18 Other short-term receivables
2000 2001 2002
Accounts receivable 16,174 21,658 17,155
Prepaid expenses and accrued income 2,821 2,478 2,846
VAT receivables 1,659 1,684 1,333
Receivable from Ford Motor Company 12,125 – –
Other loans to external parties 1,910 2,114 1,300
Prepaid pensions 161 412 2
Income tax receivables 842 988 634
Other receivables 2,624 4,235 3,725
Total, after deduction of reserves for
doubtful accounts receivable 1,079 (1,393; 1,101) 38,316 33,569 26,995