Saab 2010 Annual Report Download - page 115

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Outstanding derivatives
Currency derivatives Fair value 2010 Fair value 2009
Million Cur-
rency Nominal
currency Asset SEK Liability
SEK Net Nominal
currency Asset SEK Liability
SEK Net
Maturity up to one year EUR -255 224 87 137 -520 117 154 -37
USD -310 202 126 76 -158 307 218 89
Other - 166 80 86 - 108 67 41
Outstanding currency derivatives with maturities
up to one year, total 592 293 299 532 439 93
Maturity one to three years EUR -160 149 37 112 -118 51 84 -33
USD -142 59 125 -66 -105 152 248 -96
Other - 57 45 12 - 59 53 6
Outstanding currency derivatives with maturities
of one to three years, total 265 207 58 262 385 -123
Maturity three to five years EUR -36 28 17 11 -19 28 51 -23
USD -143 27 48 -21 -122 42 95 -53
Other - - - - - 4 7 -3
Outstanding currency derivatives with maturities
of three to five years, total 55 65 -10 74 153 -79
Maturity over five years EUR -19 18 3 15 -27 7 21 -14
USD -139 24 21 3 -124 13 44 -31
Outstanding currency derivatives with maturities over
five years, total 42 24 18 20 65 -45
Currency derivatives, total1) 954 589 365 888 1,042 -154
1) Retained premiums on open contracts amount to MSEK 13 (5).
Interest derivatives Fair value 2010 Fair value 2009
Million Cur-
rency Nominal
currency Asset SEK Liability
SEK Net Nominal
currency Asset SEK Liability
SEK Net
Maturity up to one year SEK 200 - 3 -3 300 1 11 -10
Outstanding interest derivatives with maturities
up to one year, total - 3 -3 1 11 -10
Maturity one to three years SEK 1,256 2 5 -3 750 1 13 -12
NOK 500 104 111 -7
USD 10 - 9 -9 29 - 22 -22
Outstanding interest derivatives with maturities
of one to three years, total 106 125 -19 1 35 -34
Maturity three to five years SEK 150 1 1 - 756 - 6 -6
NOK - - - - 500 162 145 17
USD 25 - 24 -24 - - - -
Outstanding interest derivatives with maturities
of three to five years, total 1 25 -24 162 151 11
Maturity over five years SEK 30 1 - 1 - - - -
USD - - - - 26 - 29 -29
Outstanding interest derivatives with maturities over
five years, total 1 - 1 - 29 -29
Interest derivatives, total2) 108 153 -45 164 226 -62
2) Market value includes accrued interest of MSEK -17 (-46) and retained premiums on open contracts MSEK -1 (0).
Electricity derivatives Fair value 2010 Fair value 2009
Million Mega-
watt Asset SEK Liability
SEK Net Mega-
watt Asset SEK Liability
SEK Net
Maturity up to one year 17 66 42 24 17 13 17 -4
Outstanding electricity derivatives with maturities
up to one year, total 66 42 24 13 17 -4
Maturity one to three years 16 8 2 6 17 3 3 -
Outstanding electricity derivatives with maturities
of one to three years, total 8 2 6 3 3 -
Electricity derivatives, total 74 44 30 16 20 -4
DERIVATIVES, TOTAL 1,136 786 350 1,068 1,288 -220
(of which derivatives used for cash flow hedges) - - 288 - - -162
Accrued interest and retained premiums, see Notes 1 and 2 above - -5 5 - -41 41
Netting accrued interest and premiums -31 -31 - -66 -66 -
DERIVATIVES ACCORDING TO GROUP’S FINANCIAL POSITION 1,105 750 355 1,002 1,181 -179
NOTE 41, CONT.
FINANCIAL INFORMATION > NOTES
112 SAAB ANNUAL REPORT 2010