ANNUAL REPORT 2004 - Skanska

Note 33 continued
Consolidated balance sheet by currency
Other
foreign Hedge
2004, SEK billion USD GBP EUR NOK CZK DKK PLN currencies 1 loans 2 SEK Total
Assets
Intangible fixed assets 0.3 1.2 0.3 1.3 0.3 0.0 0.0 0.5 0.1 4.0
Tangible fixed assets 1.2 0.3 0.3 0.5 1.1 0.2 0.4 0.0 1.5 5.5
Shares and participations 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.8 0.0 0.9
Financial receivables 1.3 1.2 3.1 1.3 1.3 0.6 0.7 –8.2 2.3 3.6
Current-asset properties 0.6 0.0 1.6 0.7 0.7 1.5 0.1 0.3 6.3 11.8
Inventories, tax and operating receivables 8.3 3.3 1.4 2.3 2.7 1.2 1.0 1.5 6.1 27.8
Liquid assets 1.3 0.2 0.1 0.1 0.2 0.0 0.1 0.2 6.7 8.9
Total 13.0 6.2 6.9 6.2 6.3 3.5 2.3 –4.9 23.0 62.5
Shareholders’ equity and liabilities
Shareholders’ equity 3 2.8 0.3 4.1 2.2 1.8 0.6 0.7 1.5 2.1 16.1
Minority interests 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.1
Interest-bearing provisions and liabilities 0.6 0.7 0.1 0.2 0.3 1.5 0.0 –7.7 1.9 7.4 5.0
Non-interest-bearing provisions and liabilities 9.6 5.2 2.6 3.8 4.2 1.4 1.6 1.3 11.6 41.3
Total 13.0 6.2 6.9 6.2 6.3 3.5 2.3 –4.9 1.9 21.1 62.5
Other
foreign Hedge
2003, SEK billion USD GBP EUR NOK CZK DKK PLN currencies 1 loans 2 SEK Total
Assets
Intangible fixed assets 0.4 1.5 0.4 1.4 0.3 0.0 0.0 0.5 0.2 4.7
Tangible fixed assets 1.4 0.5 0.4 0.6 1.2 0.1 0.4 0.0 2.1 6.7
Shares and participations 0.0 0.0 0.1 0.0 0.0 0.0 0.0 1.2 0.2 1.5
Financial receivables 1.2 3.8 1.4 0.2 0.8 0.6 0.1 –7.4 2.5 3.2
Current-asset properties 0.6 0.0 2.2 0.8 0.5 1.6 0.3 0.1 7.6 13.7
Inventories, tax and operating receivables 9.5 4.6 2.1 2.2 2.1 0.8 1.1 0.8 6.8 30.0
Liquid assets 1.5 0.4 0.2 0.2 0.3 0.1 0.1 0.8 3.4 7.0
Total 14.6 10.8 6.8 5.4 5.2 3.2 2.0 –4.0 22.8 66.8
Shareholders’ equity and liabilities
Shareholders’ equity 3 3.0 3.5 2.4 2.1 1.6 0.6 0.6 1.6 –1.2 14.2
Minority interests 0.0 0.1 0.1 0.1 0.0 –0.1 0.0 0.2
Interest-bearing provisions and liabilities 0.9 1.2 1.2 0.3 0.3 1.5 0.1 –6.4 3.9 7.1 10.1
Non-interest-bearing provisions and liabilities 10.7 6.0 3.1 3.0 3.2 1.1 1.3 0.9 13.0 42.3
Total 14.6 10.8 6.8 5.4 5.2 3.2 2.0 –4.0 3.9 18.9 66.8
1 Including elimination of intra-Group receivables and liabilities.
2 Aside from hedge loans in GBP, EUR and USD, Skanska hedged shareholders’ equity in foreign currencies via
forward contracts equivalent to liabilities of SEK 6.0 billion (5.6) in USD, EUR, CLP and BRL (USD, GBP, CLP and BRL).
3 After elimination of shares in subsidiaries.
Other matters
For information in accumulated exchange rate differences in shareholders’ equity on January 1 and December 31,
which is reported directly in shareholders’ equity, see Note 26, ”Shareholders’ equity.”
Skanska Annual Report 2004 – Notes, including accounting and valuation principles
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