Saab 2013 Annual Report Download - page 88

NOTE 13 Financial Income and Expenses
Group
MSEK 2013 2012
Interest income on loans receivable 65 168
Less project interest applied to gross income -3 -15
Financial income 62 153
Interest expenses on loans and financial liabilities -42 -44
Interest expense, lost legal dispute -83 -
Financial expense from revaluation of financial assets
available-for-sale -133 -
Financial expenses from revaluation and disposal of
financial assets and liabilities measured at fair value
through profit or loss -51 -20
Financial expenses related to pensions -74 -73
Other financial expenses -45 -65
Financial expenses -428 -202
Share in income of associated companies - 2
Net financial income and expenses -366 -47
Figures presented for  are restated due to changed categorisation.
Parent Company
Result from shares
in Group compa-
nies
Result from shares in
associated compa-
nies/joint ventures
MSEK 2013 2012 2013 2012
Dividends 654 55 430 -
Group contributions received 310 847 - -
Capital gain on sale of shares - 38 - -3
Impairments -69 -47 -430 -
Other -20 -58 8 15
Total 875 835 8 12
Parent Company
Result from other
securities and
receivables held
as fixed assets
Other interest
income and similar
profit/loss items
MSEK 2013 2012 2013 2012
Interest income, Group companies - - 124 127
Other interest income - - 74 169
Impairment -133 -2 - -
Translation differences -14 33 - -
Net change in value from revalua-
tion of financial assets/liabilities -12 -39 - -
Less project interest
applied to gross income - - -3 -15
Other -21 -21 - -
Total -180 -29 195 281
Parent Company
Interest expenses and
similar profit/loss items
MSEK 2013 2012
Interest expenses, Group companies -51 -110
Other interest expenses -140 -75
Total -191 -185
NOTE 14 Appropriations
Parent Company
MSEK 2013 2012
Buildings and land 14 16
Plant and machinery as well as equipment, tools
and installations 24 17
Total difference between tax depreciation and
depreciation according to plan 38 33
Tax allocation reserve -322 -514
Total -284 -481
NOTE 15 Taxes
Tax recognised through profit or loss
Net tax is comprised of current tax and deferred tax. Current tax is calculated
based on applicable tax laws in the countries in which parent company and
subsidiaries are active and generate taxable income.
Deferred tax is recognised on all temporary dierences; i.e., dierences
between, on the one hand, the value of assets and liabilities for tax purposes
and, on the other, their carrying amounts in the consolidated accounts and
tax loss carry forwards. e company recognises deferred tax assets in those
cases in which the company deems it likely that the amounts may be oset
against future taxable surpluses.
Group
MSEK 2013 2012
Current tax expense (-)/tax income (+)
Taxes for the year -324 -557
Adjustment for taxes related to previous years 134 -14
Total -190 -571
Deferred tax expense (-)/tax income (+)
Deferred tax related to temporary differences 13 83
Deferred tax related to value of tax loss
carry forwards capitalised during the year 33 39
Deferred tax expense due to utilisation of previously
capitalised tax value in tax loss carry forwards -7 -17
Deferred tax related to previous years -86 23
Total -47 128
Total recognised tax in the Group -237 -443
Tax recognised in prot or loss for  has been restated in accordance with
the changed accounting principles for pensions ( ).
e Group’s overall deferred tax amounts to  - () and current
tax expense for the year amounts to  - (-), producing a total rec-
ognised tax of  - (-) in the consolidated income statement. e
table “Change in deferred tax in temporary dierences and tax loss carry for-
wards” for the Group, on page , species how deferred tax aects income.
FINANCIAL INFORMATION > NOTES
84 SAAB ANNUAL REPORT 2013