SEKm | Dec. 31, 2011 | Dec. 31, 2010 |
Liquid funds | 7,839 | 12,805 |
% of annualized net sales1) | 13.9 | 18.9 |
Net liquidity | 3,272 | 9,122 |
Fixed interest term, days | 18 | 34 |
Effective annual yield, % | 3.6 | 2.8 |
1) Liquid funds plus an unused revolving credit facility of EUR 500m and a committed credit facility of SEK 3,400m divided by annualized net sales. | ||
For additional information on the liquidity profile, see Note 18. | ||