Volvo 2003 Annual Report Download - page 74

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72
Parent Company AB Volvo
Balance sheets
SEK M Dec 31, 2001 Dec 31, 2002 Dec 31, 2003
Assets
Non-current assets
Rights Note 9 000
Property, plant and equipment Note 9 35 31 23
Financial assets
Shares and participations in Group companies Note 10 38,140 38,950 41,329
Other shares and participations Note 10 26,224 26,168 813
Other long-term receivables Note 11 1,282 65,646 2,362 67,480 2,520 44,662
Total non-current assets 65,681 67,511 44,685
Current assets
Short-term receivables from Group companies 6,072 2,543 3,729
Other short-term receivables Note 12 524 250 85
Shares in Scania AB Note 10 ––20,424
Short-term investments in Group companies Note 13 17,873 9,045 924
Cash and bank accounts 7 0 0
Total current assets 24,476 11,838 25,162
Total assets 90,157 79,349 69,847
Shareholders’ equity and liabilities
Shareholders’ equity
Restricted equity
Share capital (441,520,885 shares, par value SEK 6) 2,649 2,649 2,649
Legal reserve 7,241 9,890 7,241 9,890 7,241 9,890
Unrestricted equity
Unrestricted reserves 51,150 58,908 53,067
Net income (loss) 11,114 62,264 (2,485) 56,423 (2,189) 50,878
Total shareholders’ equity 72,154 66,313 60,768
Untaxed reserves Note 14 1,528 1,528 1,528
Provisions
Provisions for pensions Note 15 342 425 437
Other provisions Note 16 37 379 41 466 29 466
Non-current liabilities Note 17
Liabilities to Group companies 4,455 4,330 3,252
Current liabilities
Loans from Group companies 1,800 1,081 1,054
Trade payables 46 36 42
Other liabilities to Group companies 9,616 5,312 2,518
Other current liabilities Note 18 179 11,641 283 6,712 219 3,833
Total shareholders’ equity and liabilities 90,157 79,349 69,847
Assets pledged – – –
Contingent liabilities Note 19 150,295 133,330 128,411