Electrolux 2000 Annual Report Download - page 44

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42 ELECTROLUX ANNUAL REPORT 2000
Dec. 31, 2000 Dec. 31, 1999 Dec. 31, 2000 Dec. 31, 1999
ASSETS SEKm SEKm EURm EURm
Fixed assets
Intangible assets (Note 11) 429 749 1
Tangible assets (Note 12) 781 826 88 97
Financial assets (Note 13) 31,310 30,590 3,546 3,577
Total fixed assets 32,520 31,423 3,683 3,675
Current assets
Inventories, etc. (Note 14) 690 630 78 74
Current receivables
Receivables from subsidiaries 4,517 2,933 511 343
Accounts receivable 554 585 63 69
Tax refund claim 49 30 64
Other receivables 511 27 58 3
Prepaid expense and accrued income 128 97 14 11
__________ __________ __________ __________
5,759 3,672 652 430
Liquid funds
Short-term placements 795 1,730 90 202
Cash and bank balances 1,906 2,001 216 234
__________ __________ __________ __________
2,701 3,731 306 436
Total current assets 9,150 8,033 1,036 940
TOTAL ASSETS 41,670 39,456 4,719 4,615
Assets pledged (Note 15) 911 11
Dec. 31, 2000 Dec. 31, 1999 Dec. 31, 2000 Dec. 31, 1999
EQUITY AND LIABILITIES SEKm SEKm EURm EURm
Equity (Note 16)
Share capital (Note 17) 1,831 1,831 207 214
Statutory reserve 2,731 2,731 309 319
Retained earnings 3,992 5,733 452 671
Net income 6,504 2,734 737 320
__________ __________ __________ __________
15,058 13,029 1,705 1,524
Untaxed reserves (Note 18) 586 587 66 69
Provisions
Provisions for pensions
and similar commitments (Note 19) 217 204 25 24
Other provisions (Note 20) 245 206 27 24
__________ __________ __________ __________
462 410 52 48
Financial liabilities
Payable to subsidiaries 10,527 10,113 1,192 1,183
Bond loans 7,695 6,881 872 805
Mortgages, promissory notes, etc. 4,844 4,814 549 563
Short-term loans 339 1,689 38 197
__________ __________ __________ __________
23,405 23,497 2,651 2,748
Operating liabilities
Payable to subsidiaries 685 403 78 47
Accounts payable 655 588 74 69
Other liabilities 99 51 11 6
Accrued expense and
prepaid income (Note 22) 720 891 82 104
__________ __________ __________ __________
2,159 1,933 245 226
TOTAL EQUITY AND LIABILITIES 41,670 39,456 4,719 4,615
Contingent liabilities (Note 23) 7,870 4,707 1,213 551
Exchange rate: EUR 1 = SEK 8.83 (8.55)
Parent company balance sheet