Electrolux 1999 Annual Report Download - page 42

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40 Electrolux Annual Report 1999
Construction
Machinery in progress
Buildings and technical Other and
Note 12. TANGIBLE FIXED ASSETS (SEKm) and land installations equipment advances Total
Group
Acquisition costs
Opening balance 12,141 31,998 5,030 1,876 51,045
Acquired during the year 334 1,423 769 1,913 4,439
Corporate acquisitions/divestments –39 –398 –102 –10 –549
Transfer of work in progress and advances 43 1,305 60 –1,408 —
Sales, scrapping, etc. –409 –530 –1,478 –13 –2,430
Exchange differences –693 –1,139 –318 –12 –2,162
Closing balance 11,377 32,659 3,961 2,346 50,343
Accumulated depreciation according to plan
Opening balance 4,328 21,623 3,135 —29,086
Depreciation for the year 371 2,745 572 —3,688
Corporate acquisitions/divestments –26 –283 –87 —–396
Sales, scrapping, etc. –257 –497 –1,042 —–1,796
Exchange differences –173 –760 –200 —–1,133
Closing balance 4,243 22,828 2,378 —29,449
Balance-sheet value 7,134 9,831 1,583 2,346 20,894
Parent company
Acquisition costs
Opening balance 211 1,681 227 69 2,188
Acquired during the year 133 160 7 300
Transfer of work in progress and advances —40 —–37 3
Sales, scrapping, etc. –10 –153 –58 —–221
Closing balance 201 1,701 329 39 2,270
Accumulated depreciation according to plan
Opening balance 139 1,118 156 —1,413
Depreciation for the year 5 176 31 —212
Sales, scrapping, etc. –6 –127 –48 —–181
Closing balance 138 1,167 139 —1,444
Balance-sheet value 63 534 190 39 826
Group Parent company
____________________ ____________________
Note 13. FINANCIAL FIXED ASSETS (SEKm) 1999 1998 1999 1998
Participations in associated companies 223 263 ——
Participations in other companies 281 278 94 90
Shares in subsidiaries ——20,322 26,150
Long-term receivables in subsidiaries ——9,625 4,235
Long-term holdings in securities 367 261 ——
Deferred taxes 924 241 ——
Other receivables 2,064 1,556 549 264
Total 3,859 2,599 30,590 30,739
A specification of shares and participations
is given in Note 26.
Tax assessment value: Buildings
SEK 260m (252), land SEK 52m (52).
Undepreciated write-ups on buildings
and land: SEK 9m (9).
Tax assessment value, Swedish Group
companies: Buildings SEK 495m (545),
land SEK 113m (116).
Accumulated write-ups on buildings and
land at year-end: SEK 19m (18).
Notes to the financial statements