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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

Consolidated balance sheet

SEKm Note December 31, 2013 December 31, 2014
ASSETS      
Non-current assets      
Property, plant and equipment 12 17,264 18,934
Goodwill 13 4,875 5,350
Other intangible assets 13 4,011 3,878
Investments in associates 29 221 228
Deferred tax assets 10 4,385 5,351
Financial assets 18 279 312
Pension plan assets 22 445 399
Other non-current assets 14 752 1,110
Total non-current assets   32,232 35,562
Current assets      
Inventories 15 12,154 14,324
Trade receivables 17, 18 19,441 20,663
Tax assets   746 784
Derivatives 18 268 375
Other current assets 16 4,405 4,774
Short-term investments 18 148 99
Cash and cash equivalents 18 6,607 9,107
Total current assets   43,769 50,126
Total assets   76,001 85,688
EQUITY AND LIABILITIES      
Equity attributable to equity holders of the Parent Company      
Share capital 20 1,545 1,545
Other paid-in capital 20 2,905 2,905
Other reserves 20 –2,658 –251
Retained earnings 20 12,482 12,235
    14,274 16,434
Non-controlling interests   34 34
Total equity   14,308 16,468
Non-current liabilities      
Long-term borrowings 18 11,935 9,529
Deferred tax liabilities 10 1,026 687
Provisions for post-employment benefits 22 3,425 5,162
Other provisions 23 4,522 5,665
Total non-current liabilities   20,908 21,043
Current liabilities      
Accounts payable 18 20,607 25,705
Tax liabilities   1,331 1,042
Other liabilities 24 12,886 13,531
Short-term borrowings 18 2,733 4,960
Derivatives 18 194 156
Other provisions 23 3,034 2,783
Total current liabilities   40,785 48,177
Total liabilities   61,693 69,220
Total equity and liabilities   76,001 85,688
Pledged assets 19 69 41
Contingent liabilities 25 1,458 3,739