Electrolux 2004 Annual Report Download - page 31
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Report by the Board of Directors for 2004
Consolidated balance sheet
Amounts in SEKm, unless otherwise stated Note Dec. 31, 2004 Dec. 31, 2003 Dec. 31, 2002
Assets
Fixed assets
Intangible assets Note 13 5,077 4,782 4,928
Tangible assets Note 14 16,033 15,638 18,188
Financial assets Note 15 1,412 1,276 1,591
Deferred tax assets Note 10 2,937 1,914 2,991
Total fixed assets 25,459 23,610 27,698
Current assets
Inventories, etc. Note 16 15,742 14,945 15,614
Current receivables
Accounts receivable Note 17 20,627 21,172 22,484
Taxes receivable 617 490 580
Other receivables Note 18 2,657 2,972 3,713
Prepaid expenses and accrued income 1,128 1,237 1,035
25,029 25,871 27,812
Liquid funds Note 18
Short-term investments 4,442 8,577 8,316
Cash and cash equivalents 4,260 4,025 5,984
8,702 12,602 14,300
Total current assets 49,473 53,418 57,726
Total assets 74,932 77,028 85,424
Assets pledged Note 19 137 423 1,908
Equity and liabilities
Equity Note 20
Share capital Note 21 1,545 1,621 1,694
Restricted reserves 11,136 11,711 14,287
Retained earnings 7,581 9,352 6,553
Net income 3,148 4,778 5,095
23,410 27,462 27,629
Minority interests 10 27 592
Provisions
Provisions for pensions and similar commitments Note 23 7,852 5,678 6,018
Deferred tax liabilities Note 10 1,251 1,256 1,998
Other provisions Note 24 4,961 4,427 5,582
14,064 11,361 13,598
Financial liabilities
Long-term loans Note 18 3,940 8,173 13,759
Short-term loans Note 18 5,903 4,009 1,618
9,843 12,182 15,377
Operating liabilities
Accounts payable 16,550 14,857 16,223
Tax liabilities 900 1,180 1,211
Other liabilities 2,153 1,935 2,535
Accrued expenses and prepaid income Note 25 8,002 8,024 8,259
27,605 25,996 28,228
Total equity and liabilities 74,932 77,028 85,424
Contingent liabilities Note 26 1,323 1,179 949