Annual Report 2009 - Husqvarna Group

72 Husqvarna Annual Report 2009 Notes
Amounts in SEKm unless otherwise stated.
Cont. Note 11
Parent Company
Land and land
improvements
Buildings
Machinery
and technical
installations
Other
equipment
Construction
in progress
and advances
Total
Acquisition costs
Opening balance, 1 Jan 2008 18 260 1,048 55 9 1,390
Acquired during the year 1 5 107 3 22 138
Transfer of work in progress and advances — — 22 — –22 0
Sales, scrap, etc. — — –153 –4 — –157
Closing balance, 31 Dec 2008 19 265 1,024 54 9 1,371
Acquired companies 1 27 33 1 — 62
Acquired during the year — — 5 — 134 139
Transfer of work in progress and advances — — 72 — –72 0
Sales, scrap, etc. — –12 –167 –5 — –184
Closing balance, 31 Dec 2009 20 280 967 50 71 1,388
Accumulated depreciation
Opening balance, 1 Jan 2008 5 145 680 36 — 866
Depreciation for the year 1 6 145 3 — 155
Sales, scrap, etc. — — –149 –3 — –152
Closing balance, 31 Dec 2008 6 151 676 36 — 869
Acquired companies 1 9 26 1 — 37
Depreciation for the year 1 6 127 1 — 135
Sales, scrap, etc. –1 –9 –166 –4 — –180
Impairment — — 16 1 — 17
Closing balance, 31 Dec 2009 7 157 679 35 — 878
Carrying amount, 31 Dec 2008 13 114 348 18 9 502
Carrying amount, 31 Dec 2009 13 123 288 15 71 510
The tax assessment value of the Parent Company was
SEK 251m (238) for buildings, and SEK 45m (44) for land. The
correspon ding book values were SEK 123m (114) for buildings,
and SEK 8m (7) for land.
NOTE 12
Financial assets
NOTE 13
Inventories
Group
Parent Company
2009 2008 2009 2008
Shares in subsidiaries — — 29,750 29,219
Long-term holdings in
securities 2 2 1 1
Receivables Group — — 256 495
Other long-term
receivables 54 49 — —
Pension assets 1 117 136 24 16
Total 173 187 30,031 29,731
1) Pension assets refer to USA, Sweden and Switzerland. See Note 19.
A specification of shares and participations is provided in
Note 26.
Group
Parent Company
2009 2008 2009 2008
Raw materials 1,504 2,072 272 283
Products in progress 246 339 11 4
Finished products 4,955 6,134 955 1,011
Advances to suppliers 1 11 0 1
Total 6,706 8,556 1,238 1,299
The cost of inventories recognized as expense and included
in cost of goods sold amounted to SEK 24,597m (22,372).
Provisions for obsolescence are included in the value of the
inventory.
Write-downs totaled SEK 76m (91) and previous writedowns
have been reversed by a total of SEK 64m (31).
Inventories valued to net realizable value amounted to
SEK 261m (234).