Volvo 2015 Annual Report Download - page 133
Download and view the complete annual report
Please find page 133 of the 2015 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
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
 |
 |
Intangible assets, acquisition costs Goodwill Capitalized product and
software development Other intangible
assets1
Total intangible
assets
Opening balance 2014 21,412 34,535 5,628 61,575
Investments – 1,390 151 1,541
Sales/scrapping – –81 –28 –109
Acquired and divested operations4–1, 382 79 200 –1,103
Translation differences 1,488 1,790 411 3,689
Reclassifications and others –24 –5 6 –23
Acquisition cost as of Dec 31, 2014 21,494 37,708 6,368 65,570
Investments – 2,247 10 2,257
Sales/scrapping – –47 –89 –136
Acquired and divested operations4–24 –3 0 –27
Translation differences 170 266 105 541
Reclassification at divestment – – –47 –47
Reclassifications and other 448 –38 1,184 1,594
Acquisition cost as of Dec 31, 2015 22,088 40,133 7,531 69,752
Accumulated amortization and impairment Goodwill Capitalized product and
software development Other intangible
assets1
Total intangible
assets
Opening balance 2014 1,458 20,754 2,775 24,987
Amortization – 3,138 335 3,473
Impairment3–60060
Sales/scrapping – –53 –20 –73
Acquired and divested operations4–1,458 – –2 –1,460
Translation differences – 1,299 186 1,485
Reclassifications and other – –17 – –17
Accumulated amortization and impairment
as of Dec 31, 2014 – 25,181 3,274 28,455
Amortization – 2,954 366 3,320
Impairment3–24024
Sales/scrapping – –48 –86 –134
Acquired and divested operations4––2––2
Translation differences – 362 31 393
Reclassification at divestment – – –46 –46
Reclassifications and other – –40 1,366 1,326
Accumulated amortization and impairment
as of Dec 31, 2015 – 28,431 4,905 33,336
B/S Net value in balance sheet as of December 31, 2014221,494 12,527 3,094 37,115
B/S Net value in balance sheet as of December 31, 2015222,088 11,702 2,626 36,416
1 Other intangible assets mainly consist of entrance fees, trademarks and distribution networks.
2 Costs less accumulated amortization and impairments.
3 Impairment 2014 of SEK 36 M in product development relates to restructuring activities.
4 Read more in Note 3, Acquisitions and divestments of shares in subsidiaries, for a description of acquired and divested operations.
Goodwill per Business Area Dec 31,
2015 Dec 31,
2014
Trucks 12,101 11,515
Construction Equipment 8,475 8,392
Buses 992 1,053
Other business areas 519 534
Total goodwill value 22,088 21,494
GROUP PERFORMANCE 2015 NOTES
131