Consolidated balance sheet

SEKm	Note	December 31, 2009	December 31, 2008
Assets
Non-current assets
Property, plant and equipment	12	15,315	17,035
Goodwill	13	2,274	2,095
Other intangible assets	13	2,999	2,823
Investments in associates	29	19	27
Deferred tax assets	10	2,693	3,180
Financial assets	18	434	280
Other non-current assets	14	1,745	1,472
Total non-current assets		25,479	26,912

Current assets
Inventories	15	10,050	12,680
Trade receivables	17,18	20,173	20,734
Tax assets		1,103	511
Derivatives	18	377	1,425
Other current assets	16	2,947	3,460
Short-term investments	18	3,030	296
Cash and cash equivalents	18	9,537	7,305
Total current assets		47,217	46,411
Total assets		72,696	73,323

Equity and liabilities
Equity attributable to equity holders of the Parent Company
Share capital	20	1,545	1,545
Other paid-in capital		2,905	2,905
Other reserves		1,814	2,052
Retained earnings		12,577	9,883
		18,841	16,385
Non-controlling interests		—	—
Total equity		18,841	16,385

Non-current liabilities
Long-term borrowings	18	10,241	9,963
Deferred tax liabilities	10	819	840
Provisions for post-employment benefits	22	2,168	6,864
Other provisions	23	5,449	4,175
Total non-current liabilities		18,677	21,842

Current liabilities
Accounts payable	18	16,031	15,681
Tax liabilities		2,367	2,329
Other liabilities	24	11,235	10,644
Short-term borrowings	18	3,364	3,168
Derivatives	18	351	784
Other provisions	23	1,830	2,490
Total current liabilities		35,178	35,096
Total liabilities		53,855	56,938
Total equity and liabilities		72,696	73,323

Pledged assets	19	107	120
Contingent liabilities	25	1,185	1,293

Charts

Net debt/equity ratio

The net debt/equity ratio improved to 0.04 (0.28). The equity/assets ratio increased to 31.8% (25.6) in 2009.

Produced by Solberg