Volvo 2009 Annual Report Download - page 93

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Changes in the Volvo Group’s holdings of shares and participations: 2008 2009
Balance sheet, December 31, preceding year 2,219 1,953
Change in Group structure (88) (15)
Acquisitions and divestments, net 16 45
Write-downs of associated companies (33) (48)
Capital contribution 56 2
Share of income in associated companies 15 12
Revaluation of shares to fair value (546) 92
Translation differences 325 (74)
Dividends (7) (21)
Re-classification of holdings of Volvo Technology Transfer – 80
Other (4) 18
Balance sheet, December 31 1,953 2,044
Note 16 Non-current customer-financing receivables
2008 2009
Installment credits 23,029 18,517
Financial leasing 26, 874 20,478
Other receivables 529 718
Total 50,432 39,713
Effective interest rate for Long-term customer-financing receivables was 7.27% as per December 31, 2009.
Long-term customer-financing receivables maturities
2011 17,918
2012 11, 9 54
2013 6,526
2014 2,457
2015 or later 858
Total 39,713
See notes 36 and 37 for financial instruments and goals and policies
in financial risk management.
Note 17 Non-current receivables
2008 2009
Other loans to external parties 219 287
Other interest-bearing financial receivables 475 298
Other financial receivables 1,382 1,425
Other receivables 1,641 1,613
Total 3,717 3,623
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