Review of 2010 – USD version - Skanska

Note
32 Expected recovery periods of assets and liabilities Dec 31, 2010 Dec 31, 2009
Amounts expected to be recovered
Within 12 months
12 months
or longer Total Within 12 months
12 months
or longer
ASSETS
Non-current assets
Property, plant and equipment 1 191.1 677.1 868.1 194.8 682.1 876.9
Goodwill 1 575.8 575.8 607.0 607.0
Other intangible assets 1 14.7 37.3 52.0 13.9 15.0 28.9
Investments in joint ventures and associated companies 2 260.9 260.9 353.5 353.5
Financial non-current assets 311.9 311.9 1.8 143.2 145.0
Deferred tax assets 3 216.4 216.4 216.3 216.3
Total non-current assets 205.8 2,079.4 2,285.2 210.5 2,017.1 2,227.6
Total
Current assets
Current-asset properties 4 1,029.0 1,970.6 2,999.6 1,252.1 1,943.5 3,195.6
Inventories 102.9 33.2 136.1 86.3 29.9 116.2
Financial current assets 929.1 929.1 691.8 86.4 778.2
Tax assets 74.4 74.4 74.2 74.2
Gross amount due from customers for contract work 5 530.5 195.8 726.3 608.2 34.1 642.3
Trade and other receivables 5 3,009.8 121.7 3,131.6 3,188.9 121.5 3,310.4
Cash 978.1 978.1 1,309.0 1,309.0
Assets held for sale 162.9 162.9
Total current assets 6,816.7 2,321.3 9,138.0 7,210.5 2,215.4 9,425.8
TOTAL ASSETS 7,022.5 4,400.7 11,423.2 7,421.0 4,232.5 11,653.5
LIABILITIES
Non-current liabilities
Financial non-current liabilities 52.3 110.4 162.7 19.9 246.2 266.1
Pensions 6 30.9 147.9 178.7 25.0 283.5 308.6
Deferred tax liabilities 240.6 240.6 213.6 213.6
Non-current provisions 4.1 4.1 7.4 7.4
Total non-current liabilities 83.2 503.0 586.2 44.9 750.7 795.6
Current liabilities
Financial current liabilities 379.5 30.0 409.5 465.1 50.5 515.6
Tax liabilities 147.4 147.4 148.0 148.0
Current provisions 472.9 267.5 740.4 446.2 251.1 697.3
Gross amount due to customers for contract work 2,089.7 400.0 2,489.6 2,085.8 265.2 2,351.0
Trade and other payables 3,884.0 109.7 3,993.7 4,030.2 310.1 4,340.3
Total current liabilities 6,973.5 807.1 7,780.7 7,175.3 876.9 8,052.2
TOTAL LIABILITIES 7,056.7 1,310.2 8,366.9 7,220.2 1,627.6 8,847.8
1 In case of amounts expected to be recovered within twelve months, expected annual depreciation/amortization has been recognized.
2 Allocation cannot be estimated.
3 Deferred tax assets are expected to be recovered in their entirety in more than twelve months.
4 Recovery within one year on current-asset properties is based on a historical assessment from the past three years.
5 Current receivables that fall due in more than twelve months are part of the operating cycle and are thus recognized as current.
6 “Within 12 months” refers to expected benefit payments.
138 Notes, including accounting and valuation principles Skanska Review of 2010 – USD version