Volvo 2009 Annual Report Download - page 123

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Note 4 Income from investments in Group companies
Note 7 Interest income and expenses
Note 6 Income from other investments
Note 8 Other financial income and expenses
Note 5 Income from investments in associated companies
Of the income reported, 10,275 (15,356) pertain to dividends from
Group companies. Of the dividends, 6,000 (12,935) pertain to divi-
dend from Volvo Holding Sverige AB, 2,000 (–), from Volvo Korea
Holding AB and 1,000 (–) from Volvo Aero AB. In 2008, the shares in
Interest income and similar credits amounting to 1 (2) included interest in the amount of 0 (1) from subsidiaries, and interest expenses and
similar charges totalling 393 (845) included interest of 386 (837) to subsidiaries.
Dividend was received from Eicher Motors Ltd in the amount of 2. In 2008, dividend of 30 was received from Deutz AG.
Other financial income and expenses include guarantee commissions
from subsidiaries, financial income pertaining to changed taxable
income previous years, exchange rate differences on loans, costs for
Income from associated companies that are reported in the Group accounts in accordance with the equity method amounted to 4 (neg 59). The
participations in Blue Chip Jet I HB and Blue Chip Jet II HB have effected the income with neg 4 (neg 1) and 8 (neg 58) respectively.
Volvo Group Finance Europe BV (VGFE) were written down by 1,003.
Transfer price adjustments and Group contributions total a net of
neg 16,859 (1,521). In 2008, the liquidation of VGFE resulted in a gain
of 2,662.
confirmed credit facilities as well as costs of having Volvo shares
registered.
Note 9 Allocations
2008 2009
Allocation to additional depreciation 0 0
Tax allocation reserve 2,530 700
Total 2,530 700
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