Saab 2013 Annual Report Download - page 97

Download and view the complete annual report

Please find page 97 of the 2013 Saab annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 142

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142

NOTE 21 Shares in Associated Companies Consolidated According to the Equity Method
Group
MSEK 2013 2012
Carrying amount, 1 January 300 288
Acquisition of associated companies 3 -
Sale of associated companies - -7
Share in associated companies’ income 1) 25 27
New share issues 20 -
Reclassifications 11 3
Translation differences and internal gains -11 -9
Dividends -10 -2
Carrying amount, 31 December 338 300
1) Share in associated companies’ net income and non-controlling interests.
e Group’s associated companies are held for operating purposes; i.e., they
are related to operations of the business areas or in the venture portfolio and
are therefore recognised in operating income. In previous years, results from
Wah Nobel (Pvt) Ltd. were recognised as nancial income and expenses
through prot or loss.
Saab has not made any signicant acquisitions or sales of shares in associated
companies during .
Shares in associated companies as of  December  include goodwill of
  ().
e Group’s share of sales, income, assets, liabilities and the carrying amount
of shares in associated companies is as follows.
2013
MSEK Country Sales
Share in
associated
companies’
income
Associated companies
Hawker Pacific Airservices Ltd Hong Kong 510 -2
Wah Nobel (Pvt) Ltd Pakistan 22 4
Taurus Systems GmbH Germany 28 -
S.N. Technologies SA Switzerland 24 1
Industrikompetens i Östergötland AB Sweden 35 -
Omnigo (Pty) Ltd South Africa 22 1
Kontorsbolaget i Karlskoga AB Sweden 20 -
FFV Services Private Limited India 16 7
AVIA SATCOM Co., Ltd Thailand 102 23
Other associated companies,
mainly in the venture portfolio 11 -9
Total 790 25
2012
MSEK Country Sales
Share in
associated
companies’
income
Associated companies
Hawker Pacific Airservices Ltd Hong Kong 694 4
Wah Nobel (Pvt) Ltd Pakistan 19 2
Taurus Systems GmbH Germany 26 8
S.N. Technologies SA Switzerland 18 -1
Industrikompetens i Östergötland AB Sweden 35 -1
Omnigo (Pty) Ltd South Africa 24 -1
Kontorsbolaget i Karlskoga AB Sweden 21 1
FFV Services Private Limited India 11 -
AVIA SATCOM Co., Ltd Thailand 72 19
Other associated companies, mainly in
the venture portfolio 15 -4
Total 935 27
31-12-2013
MSEK Assets Liabilities
Carrying
amount,
shares in
associated
companies
Ownership
interest, %
Associated companies
Hawker Pacific Airservices Ltd 332 227 105 32.3
Wah Nobel (Pvt) Ltd 34 7 27 27.2
Taurus Systems GmbH 126 120 6 33.0
S.N. Technologies SA 15 5 10 50.0
Industrikompetens i
Östergötland AB 19 9 10 33.0
Omnigo (Pty) Ltd 13 7 6 40.0
Kontorsbolaget i Karlskoga AB 121 115 6 50.0
FFV Services Private Limited 25 6 19 49.0
AVIA SATCOM Co., Ltd 142 34 108 36.6
Other associated companies,
mainly in the venture portfolio 42 1 41
Total 869 531 338
31-12-2012
MSEK Assets Liabilities
Carrying
amount,
shares in
associated
companies
Ownership
interest, %
Associated companies
Hawker Pacific Airservices Ltd 299 191 108 32.3
Wah Nobel (Pvt) Ltd 33 8 25 27.2
Taurus Systems GmbH 37 28 9 33.0
S.N. Technologies SA 13 4 9 50.0
Industrikompetens i
Östergötland AB 18 8 10 33.0
Omnigo (Pty) Ltd 13 7 6 40.0
Kontorsbolaget i Karlskoga AB 125 119 6 50.0
FFV Services Private Limited 14 1 13 49.0
AVIA SATCOM Co., Ltd 115 21 94 36.6
Other associated companies,
mainly in the venture portfolio 25 5 20
Total 692 392 300
FINANCIAL INFORMATION > NOTES
SAAB ANNUAL REPORT 2013 93