Volvo 2013 Annual Report Download - page 111

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CONTENT
Financial Information 2013
page
Financial performance 108
Financial position 112
Cash-fl ow statement 114
Changes in consolidated
Shareholders’ equity
116
Notes to fi nancial
statements
117
Parent Company AB Volvo 168
Proposed remuneration
policy
178
Proposed disposition of
unappropriated earnings
179
Audit report for AB Volvo 180
Eleven-year summary 181
Note The Volvo Group page
1 Accounting principles 117
2 Key sources of estimation uncertainty 119
3 Acquisitions and divestments of shares
in subsidiaries 120
4 Goals and policies in fi nancial
risk management 122
5 Investments in joint ventures, associated
companies and other shares and
participations
128
6Segment reporting 131
7Income 133
8 Other operating income and expenses 133
9 Other fi nancial income and expenses 133
10 Income taxes 134
11 M ino r i t y in tere s t s 135
12 Intangible assets 136
13 Tangible assets 138
14 Leasing 140
15 Customer- nancing receivables 141
16 Receivables 142
17 Inventories 143
18 Marketable securities and liquid funds 144
19 Equity and number of shares 144
20 Provisions for post-employment
benefi ts 145
21 Other provisions 150
22 Liabilities 152
23 Assets pledged 153
24 Contingent liabilities 154
25 Transactions with related parties 155
26 Government grants 155
27 Personnel 156
28 Fees to the auditors 159
29 Cash-fl ow 159
30 Financial instruments 160
31 Changes in Volvo Group
nancial reporting 2013 164
Note Parent Company page
1 Accounting principles 172
2Intra-Group transactions 172
3Administrative expenses 172
4 Other operating income
and expenses 172
5 Income from investments
in Group companies 172
6 Income from investments
in joint ventures and associated
companies
173
7Income from other investments 173
8Interest income and expenses 173
9 Other fi nancial income
and expenses 173
10 Allocations 173
11 Income taxes 173
12 Intangible and tangible assets 174
13 Investments in shares
and participations 174
14 Other receivables 176
15 Untaxed reserves 176
16 Provisions for post-
employment benefi ts 176
17 Other provisions 176
18 Non-current liabilities 176
19 Other liabilities 176
20 Contingent liabilities 176
21 Cash-fl ow 177
Amounts in SEK M unless otherwise speci ed. The amounts within parentheses refer to the preceding year, 2012.
107107