Volvo 2010 Annual Report Download - page 86
Download and view the complete annual report
Please find page 86 of the 2010 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.-
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
 |
 |
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Total shareholders’ equity
and liabilities 2009 2010
Operating liabilities, Industrial Operations1:
Trucks 62,003 69,174
Construction Equipment 14,756 18,697
Buses 7,572 7,762
Volvo Penta 2,967 2,519
Volvo Aero 4,152 3,517
Other 400 1,259
Total operating liabilities
Industrial Operations 91,850 102,928
Financial liabilities 86,911 67,335
Tax liabilities 2,861 4,702
Total liabilities in Customer Finance 90,223 81,226
Other and eliminations (6,614) (12,305)
Total liabilities 265,231 243,886
Shareholders’ equity 67,034 74,121
Volvo Group total 332,265 318,007
1 Defined as total liabilities less shareholders’ equity, financial liabilities and
tax liabilities.
Investments in associated companies 2009 2010
Trucks 217 241
Construction Equipment – –
Buses 51 46
Volvo Penta – –
Volvo Aero 1 1
Customer Finance 19 18
Other 300 378
Volvo Group total 588 684
Income from investments in
associated companies 2009 2010
Trucks (22) 8
Construction Equipment 0 0
Buses 12 15
Volvo Penta 0 0
Volvo Aero 0 0
Other (5) (109)
Industrial Operations (15) (86)
Customer Finance 1 0
Volvo Group total (14) (86)
Total assets 2009 2010
Operating assets, Industrial Operations1:
Trucks 112,157 114,305
Construction Equipment 40,454 43,309
Buses 12,462 11,565
Volvo Penta 5,444 4,870
Volvo Aero 11,326 9,881
Other 936 2,051
Total operating assets
Industrial Operations 182,779 185,981
Interest-bearing financial assets 45,422 42,645
Tax receivables 13,639 13,064
Total assets in Customer Finance 98,772 89,246
Other and eliminations (8,347) (12,929)
Volvo Group total 332,265 318,007
1 Defined as total assets less interest-bearing financial assets and tax
receivables.
Capital expenditures 2009 2010
Trucks 7,272 7,650
Construction Equipment 1,307 1,555
Buses 639 343
Volvo Penta 687 331
Volvo Aero 533 734
Other 104 30
Industrial Operations 10,542 10,643
Customer Finance 4,102 4,600
Eliminations (71) (38)
Volvo Group total 14,573 15,205
Reporting by market
Net sales 2009 2010
Europe 99,518 102,947
North America 40,223 47,922
South America 17,613 29,013
Asia 45,273 65,487
Other markets 15,734 19,380
Volvo Group total* 218,361 264,749
*of which:
Sweden 10,412 12,463
United States 31,243 35,752
France 25,344 24,457
Capital expenditures 2009 2010
Sweden 3,924 3,323
Europe excluding Sweden 6,135 6,733
North America 2,622 2,039
South America 97 292
Asia 1,574 2,707
Other markets 221 111
Volvo Group total 14,573 15,205
Total assets 2009 2010
Sweden 77,528 73,806
Europe excluding Sweden 105,265 86,645
North America 60,223 53,683
South America 20,322 23,442
Asia 60,286 72,481
Other markets 8,641 7,950
Volvo Group total 332,265 318,007
FINANCIAL INFORMATION 2010
82