| 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. | ||
