Volvo 2011 Annual Report Download - page 140
Download and view the complete annual report
Please find page 140 of the 2011 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
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
 |
 |
AB Volvo’s holding of shares and
participations in major Group companies (cont.)
Dec 31, 2011 Dec 31, 2010
Registration
number Percentage
holding Carrying value,
SEK M Carrying value,
SEK M
Renault Trucks s.a.s., France – 100 – –
Renault Trucks Deutschland GmbH, Germany – 100 – –
Renault Trucks Polska SP Z OO, Poland – 100 – –
Renault Trucks, España, Spain – 100 – –
Renault Trucks Italia Spa, Italy – 100 – –
Volvo Group Japan Co, Japan – 100 6,379 6,379
UD Trucks Corporation, Japan – 100 – –
DRD Co., Ltd, Japan – 100 – –
UD Trucks Japan Co, Japan – 100 – –
UD Trucks South Africa (Pty) Ltd., South Africa – 100 – –
Volvo Bussar AB, Sweden 556197-3826 100 1,917 1,882
Volvo Construction Equipment NV, The Netherlands – 100 2,582 2,582
Volvo Construction Equipment AB, Sweden 556021-9338 100 – –
Volvo Maskin AS, Norway – 100 – –
Volvo Construction Equipment Europe GmbH, Germany – 100 – –
ABG Algemeinen Baumaschinen GmbH, Germany – 100 – –
AB Volvo Penta, Sweden 556034-1330 100 438 421
Volvo Aero AB, Sweden 556029-0347 100 2,885 2,885
Volvo Aero Norge AS, Norway – 100 – –
VNA Holding Inc., USA – 100 2,491 2,491
Volvo Group North America Inc., USA – 100 – –
Arrow Truck Sales, Inc., USA – 100 – –
Mack Trucks Inc., USA – 100 – –
Volvo Construction Equipment North America Inc., USA – 100 – –
Volvo Penta of The Americas Inc., USA – 100 – –
Volvo Commercial Finance LLC The Americas, USA – 100 – –
VFS US LLC, USA – 100 – –
FINANCIAL INFORMATION 2011
136
NOTES TO FINANCIAL STATEMENTS