Annual report 2012 - Peab

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Note 20 Receivables from Group companies
Parent company
MSEK 2012 2011
Acquisition values carried forward 1,447 1,015
Added receivables 1,523 814
Settled receivables –1,384 –382
Book value carried forward 1,586 1,447
Note 21 Interest-bearing receivables
Interest-bearing long-term receivables
Group Parent company
MSEK 2012 2011 2012 2011
Receivables from joint ventures
Other interest-bearing
969 895 – –
receivables 188 419 105 –
Total 1,157 1,314 105 –
Interest-bearing current receivables
MSEK 2012 2011 2012 2011
Receivables from joint ventures
Other interest-bearing
293 31 – –
receivables 274 206 – –
Total 567 237 – –
Note 22 Other long-term securities holdings
Group
MSEK
Financial assets recognized at fair value through
the income statement
Fair value option
2012 2011
Shares and participation 1) Available-for-sale financial assets
15 530
Shares and participation 295 191
Loan receivables 132 164
Total 442 885
1) Of the Group holdings in 2011 SEK 491 million refer to shares i in Brinova
Fastigheter AB.
Of which, other long-term securities holdings valued at fair value
Parent Company
MSEK
Acquisition values
2012 2011
Opening balance 1 January 290 290
Acquired assets 1 –
Divested assets –272 –
Closing balance per 31 December 19 290
Accumulated change in value through the income statement
Opening balance 1 January
Unrealized change in value through
211 296
the income statement for the year 31 –85
Divested assets –246 –
Closing balance per 31 December –4 211
Book value 31 December 15 501
For additional information about fair value per category and class,
see Note 36.
66 PEAB ANNUAL REPORT 2012
Note 23 Other receivables
Other long-term receivables
Group Parent company
MSEK 2012 2011 2012 2011
Receivables from joint ventures 24 177 – –
Other long-term receivables 84 182 1 1
Total 108 359 1 1
Other current receivables
Group Parent company
MSEK 2012 2011 2012 2011
Receivables from joint ventures 2 103 – –
Other current receivables 206 362 2 –
Total 208 465 2 –
Note 24 Project and development property
Group
MSEK 2012 2011
Directly owned project and development property 5,479 4,485
Participation in Finnish housing companies
Repurchased participation in tenant-owner's
333 246
associations and similar 425 437
Other 2 12
Total 6,239 5,180
Project and development properties were written down for a total of
SEK 22 million (14).
Recovery
Of book value of project and development property of SEK 6,239
million (5,180) approximately SEK 4,800 million (approximately 3,800)
is expected to be recovered through the start of production or sales
more than 12 months after the balance sheet day. The remaining part
is expected to be recovered within 12 months of the balance sheet
day.
Note 25 Inventories
Group
MSEK 2012 2011
Raw materials and consumables 88 74
Products in progress 76 56
Finished products and goods for resale 301 286
Total 465 416
Note 26 Work-in-progress
At the end of the year there was work-in-progress for a total of SEK
1,106 million (1,689) in the Group refering to costs in housing projects
reported according to IAS 18, Revenue.
Note 27 Accounts receivable
Accounts receivables were written down for factual and feared bad
debts for a total of SEK 35 million (74). Factual bad debts amounted
to SEK 37 million (5) in the Group, of which SEK 30 million were written
down in 2011. The loss was a result of some of the company’s customers
going bankrupt. The parent company had no bad debts.