annual RepoRt 2011 - Haldex

note 10 lonG-teRM ReCeIVaBleS
note 11 otHeR CuRRent ReCeIVaBleS
note 12 deRIVatIVe InStRuMentS
note 13 CaSH and CaSH eQuIValentS
56 | Haldex annual report 2011
2011 2010
deferred tax assets 12 14
long-term receivables subsidiaries 9 -
other long-term receivables 15 15
total 36 29
2011 2010
tax assets 1 2
prepaid expenses
Rents and insurances 1 2
other prepaid expenses 2 1
other current receivables 5 9
total 9 14
Short-term
2011 2010
assets liabilities assets liabilities
Forward exchange
contracts – at fair value
through profit or loss 11 11 74 70
Currency swaps – at
fair value through
profit or loss 6 7 20 4
total 17 18 94 74
Gains and losses from current currency forward contracts and currency swaps
are recognized on an ongoing basis in the income statement.
2011 2010
Cash and bank balances 182 250
total 182 250
note 14 untaxed ReSeRVeS
note 15 taxeS
2011 2010
opening balances - 19
Reversal for the year - -19
Closing balance - -
2011 2010
Current tax expense for year - -
tax on group contribution - -
deferred tax related to temporary differences -3 13
total -3 13
note 16 penSIonS and SIMIlaR oBlIGatIonS
Pension obligations attributable to defined-benefit plans
2011 2010
pensions vested during the period -1 -1
Interest on obligation -1 -1
total -2 -2
Reconciliation of interest-bearing pension liabilities
2011 2010
opening balance, pension liabilities 14 12
Benefits paid 0 0
pension costs 2 2
according to balance sheet 16 14