Saab 2015 Annual Report Download - page 115

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FINANCIAL INFORMATION – FINANCIAL STATEMENTS
Note 43, cont.
Adjustments for items not affecting cash flow
Group Parent Company
MSEK 2015 2014 2015 2014
Depreciation and
amortisation 959 872 641 582
Capital gains/losses from
sales of Group compa-
nies, associated compa-
nies and other shares -366 -161 -186 -256
Provisions 97 30 -34 -94
Write-downs - - 839 -
Share of profits in
associated companies
and joint ventures -40 -18 - -
Dividends and Group
contributions from/to
Group companies - - -472 -104
Write-down of shares
and receivables - 19 - 1
Other 38 -19 -171 53
Total 688 723 617 182
Investments in operations
Group
MSEK 2015 2014
Acquired assets and liabilities
Intangible fixed assets 4 259
Tangible fixed assets 613 157
Financial fixed assets - 12
Deferred tax assets - 281
Inventories - 35
Current receivables 4 372
Liquid assets 3 540
Total assets 624 1,656
Provisions for pensions - 186
Other provisions - 601
Interest-bearing liabilities 408 -
Current liabilities 4 529
Total liabilities 412 1,316
Purchase price paid 224 356
Less: Liquid assets in acquired operations -3 -540
Effect on the Group’s liquid assets (positive (-) /
negative (+)) 221 -184
Acquisitions in 2015 mainly relate to Fastighets AB Järfälla Veddesta 2:81. Acquisi-
tions in 2014 relate to ThyssenKrupp Marine Systems AB. Purchase price paid also
includes payment to minority stakeholders in Saab South Africa (Pty) Ltd in 2015
and in Bayes Risk Management AS 2014.
Acquisition of associated companies and joint ventures
Group
MSEK 2015 2014
Acquired assets and liabilities
Financial fixed assets 14 32
Total assets 14 32
Purchase price paid 14 32
Effect on Group’s liquid assets (positive (-) / nega-
tive (+)) 14 32
Acquisitions in 2015 relate to investments in Combient AB and in the venture port-
folio. Acquisitions in 2014 relate to KedTech Holding AB and acquisitions in the
venture portfolio.
Sale of subsidiaries and associated companies
Group
MSEK 2015 2014
Divested assets and liabilities
Tangible fixed assets 613 75
Financial fixed assets - 123
Deferred tax assets - 3
Inventories - 35
Current receivables 8 41
Liquid assets 3 19
Total assets 624 296
Provisions - 1
Deferred tax liability - 4
Interest-bearing liabilities 408 -
Current liabilities 4 58
Total liabilities 412 63
Sales price 319 318
Purchase price received 319 318
Less: Liquid assets in divested operations -3 -19
Effect on the Group’s liquid assets 316 299
Divestments in 2015 mainly relate to Fastighets AB Järfälla Veddesta 2:81. Divest-
ments in 2014 relate to the shares in Hawker Pacific Airservices Ltd, a property
company and the deconsolidation of Saab Grintek Technologies (Pty) Ltd.
NOTE 44 INFORMATION ON PARENT
COMPANY
Saab AB (publ) is a limited company registered in Sweden, with its registered
office in Linköping. The Parent Company’s B shares are registered on the
Nasdaq Stockholm. The address of the head office is Saab AB, Box 12062,
SE-102 22 Stockholm, Sweden.
The consolidated accounts for 2015 comprise the Parent Company and its
Group companies, together referred to as the Group. The Group also includes
the holdings in associated companies and joint ventures.
Saab AB also operates a small business in a South Korean branch.
SAAB ANNUAL REPORT 2015– 111