Saab 2013 Annual Report Download - page 112

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The Group’s outstanding derivatives
Currency derivatives Fair value 2013 Fair value 2012
Million Currency Nominal
currency Asset SEK Liability SEK Net Nominal
currency Asset SEK Liability SEK Net
Maturity up to one year EUR -287 57 74 -17 -264 122 53 69
USD -531 88 39 49 -511 111 41 70
Other - 41 49 -8 - 46 43 3
Outstanding currency derivatives with maturities
up to one year, total 186 162 24 279 137 142
Maturity one to three years EUR -125 51 69 -18 -80 66 40 26
USD -394 94 35 59 -217 63 12 51
Other - 11 13 -2 -5 5 -
Outstanding currency derivatives with maturities
of one to three years, total 156 117 39 134 57 77
Maturity three to five years EUR -17 9 6 3 -66 27 6 21
USD -242 26 2 24 -125 51 3 48
Other 1 -1
Outstanding currency derivatives with maturities
of three to five years, total 35 9 26 78 9 69
Maturity over five years EUR -15 5 3 2 -26 16 - 16
USD -14 2 - 2 -21 2 1 1
Outstanding currency derivatives with maturities over
five years, total 7 3 4 18 1 17
Currency derivatives, total1) 384 291 93 509 204 305
1) Retained premiums on open currency option contracts amount to MSEK 3 (9).
Interest derivatives Fair value 2013 Fair value 2012
Million Currency
Nominal
currency Asset SEK Liability SEK Net
Nominal
currency Asset SEK Liability SEK Net
Maturity up to one year SEK 303 - 8 -8 668 1 9 -8
Outstanding interest derivatives with maturities
up to one year, total - 8 -8 1 9 -8
Maturity one to three years SEK - - - - 453 - 21 -21
USD 5 - 2 -2 16 - 7 -7
Outstanding interest derivatives with maturities
of one to three years, total - 2 -2 - 28 -28
Maturity three to five years SEK 967 5 4 1 - - - -
Outstanding interest derivatives with maturities
of three to five years, total 5 4 1 - - -
Interest derivatives, total2) 5 14 -9 1 37 -36
2) Market value includes accrued interest of MSEK -9 (-13) and retained premiums on open contracts of MSEK 0 (0).
Electricity derivatives Fair value 2013 Fair value 2012
Million Megawatt Asset SEK Liability SEK Net
Mega-
watt Asset SEK Liability SEK Net
Maturity up to one year 19 6 16 -10 14 4 13 -9
Outstanding electricity derivatives with maturities
up to one year, total 6 16 -10 4 13 -9
Maturity one to three years 14 - 2 -2 17 - 4 -4
Outstanding electricity derivatives with maturities
of one to three years, total - 2 -2 - 4 -4
Electricity derivatives, total 6 18 -12 4 17 -13
Total derivatives Fair value 2013 Fair value 2012
Million Asset SEK Liability SEK Net Asset SEK Liability SEK Net
DERIVATIVES, TOTAL 395 323 72 514 258 256
(of which derivatives used for cash flow hedges) 74 235
Accrued interest and retained premiums, see footnotes 1 and 2 above - -6 -6 - -4 -4
Netting accrued interest and premiums 1 -1 2 - - -
DERIVATIVES ACCORDING TO GROUP’S FINANCIAL POSITION 396 316 80 514 254 260
NOTE 41, CONT.
FINANCIAL INFORMATION > NOTES
108 SAAB ANNUAL REPORT 2013