Volvo 2010 Annual Report Download - page 123

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NOTE 5 INCOME FROM INVESTMENTS IN GROUP COMPANIES
NOTE 8 INTEREST INCOME AND EXPENSES
NOTE 7 INCOME FROM OTHER INVESTMENTS
NOTE 9 OTHER FINANCIAL INCOME AND EXPENSES
NOTE 6 INCOME FROM INVESTMENTS IN ASSOCIATED COMPANIES
Of the income reported, 8,145 (10,275) pertain to dividends from
Group companies. Of the dividends, 5,200 (6,000) pertain to dividend
from Volvo Holding Sverige AB, 1,801 (–) from Volvo Construction
Equipment NV and 1,000 (2,000) from Volvo Korea Holding AB. The
shares in Alviva AB were written down by 19.
Interest income and similar credits amounting to 0 (1) included interest in the amount of 0 (0) from subsidiaries, and interest expenses and
similar charges totalling 893 (393) included interest of 888 (386) to subsidiaries.
A dividend of 2 (2) reveived from Eicher Motors Ltd. is included in Income from other investments.
Other financial income and expenses include guarantee commissions
from subsidiaries, costs for credit facilities, costs for credit rating,
Income from associated companies that are reported in the Group accounts in accordance with the equity method amounted to a negative 94 (4).
Dividend of 14 (–) was received from VE Commercial Vehicles. The participations in Blue Chip Jet I HB and Blue Chip Jet II HB have effected the
income with 8 (neg: 4) and a negative 116 (8) respectively.
Transfer price adjustments and Group contributions total a net of
5,126 (neg 16,859).
financial costs pertaining to changed taxable income previous years
and costs of having Volvo shares registered.
NOTE 10 ALLOCATIONS
2009 2010
Allocation to additional depreciation 0 0
Tax allocation reserve 700 –
Total 700 0
NOTE 4 OTHER OPERATING INCOME AND EXPENSES
Other operating income and expenses include profit-sharing payments to employees in the amount of 1 (1).
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