Volvo 2012 Annual Report Download - page 169
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Other operating income and expenses include profit-sharing payments to
employees in the amount of 1 (3).
OTHER OPERATING INCOME
AND EXPENSES
NOTE 4
Income from other investments includes a dividend of 5 (4) from Eicher
Motors Ltd,.
INCOME FROM OTHER INVESTMENTS
NOTE 7
Interest income and similar credits amounting to 0 (0) included interest in the
amount of 0 (0) from subsidiaries. Interest expenses and similar charges
totalling 1,509 (1,677) included interest of 1,504 (1,672) to subsidiaries.
INTEREST INCOME AND EXPENSES
NOTE 8
Other financial income and expenses include guarantee commissions from
subsidiaries, cost for credit facilities, costs for credit rating, financial costs
pertaining to changed taxable income previous years and costs for regis-
tration of AB Volvos shares.
OTHER FINANCIAL INCOME
AND EXPENSES
NOTE 9
Group contributions amounted to a net of 5,628 (7,085). Allocation to
additional depreciation has been made during the year with 0 (0).
ALLOCATIONS
NOTE 10
Dividend of 35 (24) was received from Volvo Eicher Commercial Vehicles
Ltd. Income include write-down of participation in Blue Chip Jet II HB with
19. In 2011 the participations in Blue Chip Jet I HB and Blue Chip Jet II HB
affected the income with 5 and 101 respectively.
INCOME FROM INVESTMENTS
IN ASSOCIATED COMPANIES
NOTE 6
Income include 2,865 from gain on sale of shares in Volvo Aero AB. Dividends
from Group companies amounted to 920 (2,719). Of the dividends, 572 (–)
pertain to dividend from Volvo Aero AB, 258 (2,500) from Volvo Construction
Equipment NV, 55 (–) from Volvo China Investment Co Ltd, 32 (63) from Volvo
Norge AS and – (156) from Volvo East Asia Ltd. The shares in Volvo Italia SpA
were written down by 110 (60).
Transfer price adjustments and royalties amount to an expense of 524
(1,000).
INCOME FROM INVESTMENTS
IN GROUP COMPANIES
NOTE 5
165