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Annual Report 2014 Report by the Board of Directors Notes Proposed distribution of earnings Auditor’s report 11-year review Quarterly info

Note 11 Other comprehensive income

  Group
  2013 2014
Items that will not be reclassified to income for the period    
Remeasurement of provisions for post-employment benefits    
Opening balance, January 1 –866 349
Gain/loss taken to other comprehensive income 1.851 –1,534
Income tax relating to items that will not be reclassified –636 808
Closing balance, December 31 349 –377
Items that may be reclassified subsequently to income for the period    
Available-for-sale instruments    
Opening balance, January 1 46 –23
Gain/loss taken to other comprehensive income –69 19
Closing balance, December 31 –23 –4
Cash flow hedges    
Opening balance, January 1 –2 39
Gain/loss taken to other comprehensive income 39 9
Transferred to profit and loss on sale 2 –39
Closing balance, December 31 39 9
Exchange differences on translation of foreign operations    
Opening balance, January 1 –1,056 –2,574
Translation differences –1,518 2.428
Closing balance, December 31 –2,574 –146
Income tax relating to items that may be reclassified 29 –10
Other comprehensive income, net of tax –302 1.681

Income taxes related to items of other comprehensive income were SEK 808m (–636) for remeasurement of provisions for post-employment benefits and SEK –10m (29) for financial instruments for cash flow hedging.