ANNUAL REPORT 2004 - Skanska

Consolidated balance sheet
SEK M Note 2004 2003
ASSETS
Intangible fixed assets 17
Goodwill 3,565 4,259
Other intangible fixed assets 14 464 459
Total intangible fixed assets 4,029 4,718
Tangible fixed assets 18, 38
Buildings and land 1,770 2,144
Machinery and equipment 3,696 4,482
Construction in progress 71 104
Total tangible fixed assets 5,537 6,730
Financial fixed assets 19
Holdings in joint ventures 21 814 1,289
Receivables from joint ventures 37 198 224
Holdings in associated companies 22 48 85
Other long-term holdings of securities 74 76
Deferred tax assets 16 1,526 1,539
Other long-term receivables 38 865 1,732
Total financial fixed assets 3,525 4,945
Total fixed assets 13,091 16,393
Current-asset properties 14, 23
Commercial Project Development 7,256 9,249
Other commercial properties 1,272 1,051
Residential Project Development 3,268 3,394
Total current-asset properties 11,796 13,694
Inventories 24 732 828
Current receivables 25
Accounts receivable 15,949 18,481
Current receivables from joint ventures 37 346 522
Current receivables from associated companies 37 0 10
Recognized but unbilled contract revenue 7 3,641 4,814
Tax receivables 16 269 415
Other current receivables 5,977 3,254
Prepaid expenses and accrued revenues 1,840 1,290
Total current receivables 28,022 28,786
Short-term investments 3,053 218
Cash and bank 5,815 6,819
Total current assets 49,418 50,345
ASSETS 31 62,509 66,738
of which, interest-bearing assets 30 12,421 10,241
See notes 1, 2, 3, 4, 5, 33, 39, 40, 41, 42, 43, 44.
40 Consolidated balance sheet – Skanska Annual Report 2004