Atlas Copco - Annual Report 1999

Consolidated Balance
Sheet in USD and EUR
SUMMARY IN USD AND EUR
USD m. EUR m.
Amounts in USD m. and EUR m. unless otherwise noted Dec. 31, Dec. 31, Dec. 31, Dec. 31,
1999 1998 1999 1998
Assets
Fixed assets Intangible assets 2,215 1,329 2,205 1,323
Tangible assets 1,949 1,144 1,939 1,139
Financial assets 249 113 248 112
4,413 2,586 4,392 2,574
Current assets Inventories 628 632 626 629
Current receivables 1,112 900 1,107 896
Investments 28 47 28 47
Cash and bank 123 202 122 201
1,891 1,781 1,883 1,773
Total assets 6,304 4,367 6,275 4,347
Shareholders’ equity and liabilities
Shareholders’ equity Restricted equity
Share capital 123 108 123 107
Restricted reserves 1,153 611 1,148 607
Non-restricted equity
Retained earnings 914 807 909 804
Profit for the year 264 268 263 267
2,454 1,794 2,443 1,785
Minority interest 23 23 22 23
Provisions Interest-bearing provisions
Pensions and similar commitments 170 228 169 227
Non-interest-bearing provisions
Deferred taxes 356 245 355 244
Other provision 99 87 99 86
625 560 623 557
Long-term liabilities Interest-bearing liabilities
Liabilities to credit institutions 1,289 624 1,283 621
Non-interest-bearing liabilities
Other liabilities 39 34 39 34
1,328 658 1,322 655
Current liabilities Interest-bearing liabilities
Liabilities to credit institutions 963 578 958 576
Non-interest-bearing liabilities
Operating liabilities 911 754 907 751
1,874 1,332 1,865 1,327
Total shareholders’ equity and liabilities 6,304 4,367 6,275 4,347
Assets pledged 24 28 24 28
Contingent liabilities 173 178 173 177
Exchange rates: USD 1=8.51, EUR 1=8.55
ATLAS COPCO 1999 79