Saab 2012 Annual Report Download - page 111

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NOTE 38 Provisions
Group
MSEK 31-12-2012 31-12-2011
Provisions that are long-term liabilities
Obligations related to regional aircraft 684 1,119
Expenditures for restructuring measures 66 89
Loss contracts 229 245
Other 307 275
Total 1,286 1,728
Provisions that are current liabilities
Obligations related to regional aircraft 10 12
Expenditures for restructuring measures 52 115
Loss contracts 178 160
Other 325 459
Total 565 746
Parent Company
MSEK 31-12-2012 31-12-2011
Obligations related to regional aircraft 278 320
Expenditures for restructuring measures 54 78
Loss contracts 266 358
Other 237 278
Total 835 1,034
Obligations related to regional aircraft
MSEK Group Parent Company
Opening balance, 1 January 2012 1,131 320
Amount utilised during the year -408 -42
Translation differences and other -29 -
Closing balance, 31 December 2012 694 278
Expenditures for restructuring measures
MSEK Group Parent Company
Opening balance, 1 January 2012 204 78
Provisions allocated during the year 35 33
Amount utilised during the year -114 -52
Reversal of unutilised amount -1 -1
Reclassification -6 -4
Closing balance, 31 December 2012 118 54
Loss contracts
MSEK Group Parent Company
Opening balance, 1 January 2012 404 358
Provisions allocated during the year 301 169
Amount utilised during the year -302 -251
Reversal of unutilised amount -6 -6
Reclassification 11 -4
Translation differences and other -1 -
Closing balance, 31 December 2012 407 266
Other provisions
MSEK Group Parent Company
Opening balance, 1 January 2012 735 278
Provisions allocated during the year 69 44
Amount utilised during the year -115 -74
Reversal of unutilised amount -38 -11
Reclassification -5 -
Translation differences and other -14 -
Closing balance, 31 December 2012 632 237
Total provisions
MSEK Group Parent Company
Opening balance, 1 January 2012 2,474 1,034
Provisions allocated during the year 405 246
Amount utilised during the year -939 -419
Reversal of unutilised amount -45 -18
Reclassification - -8
Translation differences and other -44 -
Closing balance, 31 December 2012 1,851 835
Regional aircraft
Commitments regarding regional aircra refer to anticipated decits and
other obligations related to the termination of the leasing portfolio. Saab
e xpects the leasing portfolio to be divested around .
Restructuring
Structural costs primarily relate to the costs to adapt resources and change-
over costs. e expenditure is expected to fall in -.
Project losses
Provisions for project losses on the closing day primarily relate to Helicop-
ter, command and control projects and certain other military projects.
e provisions are utilised in pace with the project’s completion.
Other provisions
Other provisions primarily relate to provisions for guarantees and remaining
costs in projects as well as for environmental commitments.
No provision has been made for liability risks associated with the production
of civil aircra or the production of sub-components for civil aircra.
NOTE 39 Other Liabilities
Group
MSEK 31-12-2012 31-12-2011
Other long-term liabilities
Long-term prepaid revenue 20 49
Other 285 390
Total 305 439
Other current liabilities
Liabilities to associated companies 5 6
Value-added tax 136 240
Preliminary tax 177 129
Deposits in leasing operations 17 31
Other 425 341
Total 760 747
FINANCIAL INFORMATION > NOTES
SAAB ANNUAL REPORT 2012 107