Volvo 2004 Annual Report Download - page 114
Download and view the complete annual report
Please find page 114 of the 2004 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.-
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 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125
-
126
-
127
-
128
 |
 |
112 Expected impact of IFRS
Consolidated balance sheets Volvo Group, excl
December 31 Financial Services1Financial Services Total Volvo Group
Dec 31 IFRS Dec 31 Dec 31 IFRS Dec 31 Dec 31 IFRS Dec 31
SEK M 2004 adjustm. 2004 2004 adjustm. 2004 2004 adjustm. 2004
Assets
Intangible assets 16,564 1,006 17,570 42 42 16,606 1,006 17,612
Property, plant and equipment 27,260 27,260 3,891 3,891 31,151 31,151
Assets under operating leases 8,477 8,477 12,817 (12,044) 773 19,534 19,534
Shares and participations 10,116 10,116 193 193 2,003 2,003
Long-term customer finance receivables 147 147 25,200 8,687 33,887 25,187 25,187
Long-term interest-bearing receivables 1,797 1,797 5 5 1,741 1,741
Other long-term receivables 6,426 66 6,492 212 212 6,034 66 6,100
Inventories 28,291 28,291 307 307 28,598 28,598
Short-term customer finance receivables 83 83 26,207 3,324 29,531 26,006 26,006
Short-term interest bearing receivables 10,330 10,330 0 0 1,643 1,643
Other short-term receivables 30,043 30,043 1,628 1,628 29,647 29,647
Marketable securities 25,839 25,839 116 116 25,955 25,955
Cash and bank 8,789 8,789 914 914 8,791 8,791
Total assets 174,162 1,072 175,234 71,532 (33) 71,499 222,896 1,072 223,968
Shareholders’ equity and liabilities
Shareholders’ equity 69,409 746 70,155 8,306 8,306 69,409 746 70,155
Minority interests 229 (229) 229 (229)
Provisions for post-employment benefits 14,129 548 14,677 26 26 14,155 548 14,703
Other provisions 14,020 95 14,115 878 (33) 845 14,898 95 14,993
Loans 13,968 13,968 57,860 57,860 61,807 61,807
Other liabilities 62,407 (88) 62,319 4,462 4,462 62,398 (88) 62,310
Shareholders’ equity and liabilities 174,162 1,072 175,234 71,532 (33) 71,499 222,896 1,072 223,968
1 Financial Services reported in accordance with the equity method.
The Expected impact of IFRS on the balance sheet is shown above.
The first column is the closing balance per December 31, 2004
according to Swedish GAAP. The expected impact of IFRS is shown
as IFRS adjustment and the third column shows the adjusted closing
balance December 31, 2004, according to IFRS. This balance will be
the expected opening balance for the 2005 reporting.