Working capital and net assets

SEKm	Dec. 31, 2010	% of annualized net sales	Dec. 31, 2009	% of annualized net sales
Inventories	11,130	10.2	10,050	8.8
Trade receivables	19,346	17.7	20,173	17.7
Accounts payable	–17,283	–15.8	–16,031	–14.1
Provisions	–10,009		–9,447
Prepaid and accrued income and expenses	–7,095		–7,998
Taxes and other assets and liabilities	–1,991		–1,901
Working capital	–5,902	–5.4	–5,154	–4.5
Property, plant and equipment	14,630		15,315
Goodwill	2,295		2,274
Other non-current assets	6,706		5,197
Deferred tax assets and liabilities	2,175		1,874
Net assets	19,904	18.2	19,506	17.1
Average net assets	19,545	18.4	19,411	17.8
Return on net assets, %	27.8		19.4
Return on net assets, excluding items affecting comparability, %	31.0		26.2