Volvo 2013 Annual Report Download - page 178

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Changes in AB Volvo’s holding of shares and participations are disclosed below:
Group companies Joint ventures
and associated companies Non-Group companies
2013 2012 2013 2012 2013 2012
Adjusted opening balance at January 1 56,832 59,460 3,374 2,401 791 748
Changes in accounting principles 347
Acquisitions/New issue of shares 4,203 1,107
Divestments (787) (2,885) (6)
Shareholders contribution 1,511– –– 1–
Write-downs/participations in partnerships (996) (110) (31) (31) (4)
Revaluation of shares in listed companies 415 (34)
Reclassifi cations 367 (103) –(264)
B/S Balance sheet, December 31 60,763 56,832 3,343 3,374 1,203 791
Accumulated depreciation and
net value in balance sheet
Dec 31, 2012
Accumulated
depreciation1Depreciation2Sales/scrapping
Dec 31, 2013
Accumulated
depreciation Dec 31, 2013
Net value in balance sheet3
Rights 52 – – 52 0
Other intangible assets 64 14 78 38
B/S Total intangible assets 116 14 130 38
Buildings 4 1 5 22
Land and land improvements 0 0 0 14
Machinery and equipment 31 1 0 32 15
Construction in progress 21
B/S Total tangible assets 35 2 0 37 72
1 Including accumulated write-downs.
2 Including write-downs.
3 Acquisition value, less accumulated depreciation, amortization and write-downs.
Capital expenditures in tangible assets amounted to 37 (74). Capital
expenditures approved but not yet implemented at year-end 2013
amounted to 0 (1).
Acquisition cost Dec 31, 2012
Acquisition cost Investments Sales/scrapping Reclassi cations Dec 31, 2013
Acquisition cost
Rights 52 – – 52
Other intangible assets 116 116
Total intangible assets 168 168
Buildings 27 – – 27
Land and land improvements 14 14
Machinery and equipment 42 0 5 47
Construction in progress 26 37 (37) (5) 21
Total tangible assets 109 37 (37) 0 109
174
FINANCIAL INFORMATION 2013
NOTE 13 INVESTMENTS IN SHARES AND PARTICIPATIONS
NOTE 12 INTANGIBLE AND TANGIBLE ASSETS