Volvo 2006 Annual Report Download - page 113

Download and view the complete annual report

Please find page 113 of the 2006 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 170

  • 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
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170

Note 10 Income from other investments
Dividends received 2004 2005 2006
Holdings of Volvo Technology Transfer1 – 11 –
Other 11 2 2
Subtotal 11 13 2
Revaluation and write downs
of shares
Scania AB 915 – –
Henlys Group Plc (95) – –
Holdings of Volvo Technology Transfer1 (13) – (7)
Smith Land & Improvement
(SABA Holding) (22) – –
Other (8) (2) 11
Subtotal 777 (2) 4
Gain (loss) on divestment
of shares
Holdings of Volvo Technology Transfer1 1 40 130
Bilia AB 24 – –
Other 17 (14) 5
Subtotal 42 26 135
Total 830 37 141
1 A Volvo venture-capital company.
Note 9 Income from investments in associated companies
Income/loss 2004 2005 2006
Nissan Diesel – – 39
JV Fonderie Venissieux 5 9 (12)
Aviation Lease Finance 27 6 –
Thomas Hardie Commercials Ltd 8 5 3
Merkavim Metal Works Ltd 1 4 10
Peach County Holdings – (103) –
Other companies (12) (1) 15
Subtotal 29 (80) 55
Revaluation and write-down
of shares
Peach County Holding – (550) –
Other companies (2) (2) (2)
Subtotal (2) (552) (2)
Gains (losses) on sale of shares
in associated companies
Aviation Lease Finance – 71 –
Other companies – 4 8
Subtotal 0 75 8
Total income (loss) from investments
in associated companies 27 (557) 61
Income from investments in associated companies are specifi ed
below:
Note 11Other fi nancial income and expenses
SEK M 2004 2005 2006
Financial instruments at fair value through profi t or loss – 251 (61)
Exchange rate gains and losses on fi nancial assets and liabilites (1) (20) (52)
Financial income and expenses related to taxes – 56 (22)
Write-down pertaining to the restructuring of Henleys Group Plc (1,196) – –
Costs for Treasury function, credit facilities, etc (13) (106) (46)
Total (1,210) 181 (181)
Financial information 2006 109