Volvo 2003 Annual Report Download - page 47

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45
Note 7Income from other investments
2001 2002 2003
Dividends received
Scania AB 637 319 501
Henlys Group Plc 25 7 7
Diamond Finance, Ltd ––5
Holdings of Volvo Technology Transfer 126 – 4
Other 633
Subtotal 694 329 520
Write-downs of shares
Scania AB ––(3,601)
Henlys Group Plc ––(429)
Holdings of Volvo Technology Transfer 1(14) (7) (39)
Other (39) – (4)
Subtotal (53) (7) (4,073)
Gain (loss) on divestment of shares
Mitsubishi Motors 2768 – –
Holdings of Volvo Technology Transfer 1(10) (16) (36)
Other 11 3 10
Subtotal 769 (13) (26)
Total 1,410 309 (3,579)
1A Volvo venture-capital company.
2Excluding costs of 194 for terminating the distribution of Mitsubishi Canter as well as costs for terminated development projects.
Income (loss)
2001 2002 2003
Gains (losses) on sale of shares
in associated companies
Bilia AB 4––188
Effero AB 3––59
Eddo Restauranger AB 2–32 –
AB Volvofinans 161 – –
Other companies (9) 12 (6)
Subtotal 52 44 241
Total income from investments
in associated companies 50 182 200
1Divested in 2001.
2Divested in 2002.
3Divested in 2003.
4Main part of holding divested in 2003.
5As from 2003 reported in accordance with the proportionate method of
consolidation.