Volvo 2007 Annual Report Download - page 145
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Please find page 145 of the 2007 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. Financial information 2007 141
Note 17 Contingent liabilities
Note 18 Cash-fl ow
Note 16 Other current liabilities
Note 15 Non-current liabilities
Of the contingent liabilities amounting to 192,071 (126,276), 191,976
(126,244) pertained to Group companies.
Guarantees for various credit programs are included in amounts
corresponding to the credit limits. These guarantees amount to
185,971 (120,612), of which guarantees on behalf of Group com-
panies totaled 185,884 (120,587).
At the end of each year, the utilized portion amounted to 84,397
(62,194), including 84,302 (62,162) pertaining to Group companies.
Other items not affecting cash 2006 2007
Revaluation of shareholdings 192 127
Dividends, transfer price adjustments
and Group contributions (3,296) 63
Gain/loss on sale of shares 363 125
Other 65 136
Total (2,676) 451
Further information is provided in Notes 4 and 5.
Shares and participations in Group companies, net
Investments (853) (2,944)
Disposals 691 17
Net investments in shares and
participations in Group companies (162) (2,927)
2006 2007
Wages, salaries and withholding taxes 72 78
Other liabilities 136 103
Accrued expenses and prepaid income 153 140
Total 361 321
No collateral is provided for current liabilities.
Long-term debt matures as follows:
2013 or later 6
Total 6
Investments and sales of shares in Group companies are shown in
Note 11.
Shares and participations in
non-Group companies, net 2006 2007
Investments (5,737) (147)
Disposals 0 1,961
Net investments in shares and
participations in non-Group companies (5,737) 1,814
Investments and sales of shares in non-Group companies are pre-
sented in Note 11.
Interest-bearing receivables including
marketable securities, net
New loans granted – (318)
Amortization received – 305
Change in interest-bearing receivables, net – (13)
Increase /decrease in loans
New loans 3,433 17,609
Amortization (690) (318)
Change in loans, net 2,743 17,291