Saab 2010 Annual Report Download - page 98

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Equipment, tools and installations
Group Parent Company
MSEK 2010 2009 2010 2009
Acquisition value
Opening balance, 1 January 2,092 2,277 1,271 1,442
Investments 125 83 46 30
Acquisitions from compa-
nies within the Group - - 8 -
Other reclassifications -11 -168 -11 -136
Sales -72 -128 -24 -65
Translation differences - 28 - -
Closing balance,
31 December 2,134 2,092 1,290 1,271
Depreciation and impairments
Opening balance, 1 January -1,784 -1,866 -1,115 -1,200
Depreciation for the year -114 -103 -48 -50
Impairments for the year -3 - - -
Acquisitions from compa-
nies within the Group - - -7 -
Other reclassifications 14 80 14 70
Sales 68 128 24 65
Translation differences - -23 - -
Closing balance,
31 December -1,819 -1,784 -1,132 -1,115
Carrying amount,
31 December 315 308 158 156
Impairments
Equipment impairments amounted to   in connection with the restruc-
turing of the underwater operations in Dynamics.
Construction in progress
Group Parent Company
MSEK 2010 2009 2010 2009
Acquisition value
Opening balance,
1 January 68 186 49 185
Investments 25 3 15 12
Reclassifications -25 -123 -12 -148
Translation differences - 2 - -
Carrying amount,
31 December 68 68 52 49
Collateral
On  December , property with a carrying amount of   () was
pledged as collateral for bank loans.
NOTE 18
LEASE ASSETS AND LEASE AGREEMENTS
As the former manufacturer of the regional aircra Saab  and Saab ,
Saab has a great interest in ensuring that these aircra maintain high capacity
utilisation. Over  aircra have been delivered and  are included in
Saab’s leasing eet, of which  aircra are owned by Saab. Leasing operations
are carried out in the global market. Operating lease terms conform to cus-
tomary terms in the international aircra leasing market, which may entail the
right to early termination, purchases and extensions, as well as security, geo-
graphical and tax-related limitations on the allocation of the aircra in ques-
tion. No aircra are held via nance leases, nor is Saab the lessor in any nance
leases. e operations are carried out in .
Owned aircra are depreciated on a straight-line basis over – years.
e result from leasing operations including depreciation is reported in the
income statement on the lines other operating income and other operating
expenses.
e leasing eet is expected to be divested around .
Leasing aircraft obtained for leasing purposes
MSEK 2010 2009
Acquisition value
Opening balance, 1 January 4,224 4,712
Sales -158 -299
Reclassifications -145 -
Translation differences -129 -189
Closing balance, 31 December 3,792 4,224
Depreciation
Opening balance, 1 January -2,337 -2,413
Sales 93 169
Reclassifications 89 -
Depreciation for the year -146 -176
Translation differences 63 83
Closing balance, 31 December -2,238 -2,337
Impairments
Opening balance, 1 January -427 -465
Sales and revaluations 22 36
Translation differences 1 2
Closing balance, 31 December -404 -427
Total 1,150 1,460
Other lease assets
Opening balance, 1 January 4 1
Acquisitions 2 3
Depreciation for the year -2 -2
Reclassifications - 2
Closing balance, 31 December 4 4
Carrying amount, 31 December 1,154 1,464
NOTE 17, CONT.
FINANCIAL INFORMATION > NOTES
SAAB ANNUAL REPORT 2010 95