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PDF Document 2.46 MB - Geveko

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Financial Reports / NotesNote 18 InventoriesGroup 2007 2006Raw materials 60,041 39,446Finished products 74,496 54,866Total 134,537 94,312Note 19 Accounts receivableThe Group’s accounts receivable have the following maturity structure.The parent company has no accounts receivable.Days dueNot due 134,6560-30 days 39,33431-60 23,64861-90 7,106>90 17,252Total 221,996Note 20 Other current receivablesOf which pre-paid costs and accrued incomeGroupParent Company2007 2006 2007 2006Pre-paid rent 851 688 0 0Prepaid insurance 1,684 1,863 0 680Accruedcontracting income 4,867 374 0 0Other items 6,481 6,057 206 84Total 13,883 8,982 206 764Note 21 Liquid fundsGroupParent Company2007 2006 2007 2006Cash and bank 105,710 134,139 6,948 83,453Short-termgroup loans - 0 20,859 8,675Liquid funds 105,710 134,139 27,808 92,128In the parent company’s balance sheet short-term group loansamounted to SKr 20,859,000 (8,675,000) and consisted in theirentirety of Swedish subsidiaries’ share of the Group check account.The parent company’s short-term placements amounted toSKr 18,112,000 (0).Note 22 EquitySeries “A” Series “B” Total no.Shares shares shares of sharesShares31 Dec 2006 - 31 Dec 2007 720,000 3,499,533 4,219,533Each share has a par value of SKr 25. Each Series “A” share carriesone vote and each Series “B” share 1/10th of a vote. All the sharesare fully paid up.Buyback of company sharesThe company has no share buyback programme.Option programmesThe company has no option programmes.Effect of currency fluctuations on equityGroupParent company2007 2006 2007 2006Change in connectionwith year’s translationof accounts ofexisting subsidiaries 1,065 -1,916 0 0The Group reduced its currency fluctuations for the period by SKr1,674,000 (3,955,000) by hedging transactions, and the parent companyreduced its by SKr 0 (0).Note 23 Minority interestsThe consolidation of the associate companies Plastidrum SRL,Magyar Plastigoute Kft and Svensk Bilvård AB has given rise to aminority interest in the result and the equity. In the profit and lossaccount, the interest in the result amounts to SKr 3,978,000. Theminority interest in equity amounts to SKr 51,315,000, of whichPlastidrum accounts for SKr 21,952,000, Magyar Plastiroute for SKr29,192,000 and Svensk Bilvård for SKr 171,000.Note 24 Pension provisions andsimilar commitmentsGroup 2007 2006FPG/PRI pensions 2,495 2,661Other pension commitments 5,460 4,2267,955 6,887The costs stated in the profit andloss account are the following:Costs for service during current year 992 823Interest costs 76 107Costs for service during previous years - -1,132Total, included in personnel costs, Note 4 1,068 -382Note 25 Other provisionsGroupParent company2007 2006 2007 2006Guarantees 1,298 1,575 0 0Provision for guaranteesin connection withcompany divestments 3,132 3,132 3,132 3,132Other items 1,728 256 0 0Total 6,158 4,963 3,132 3,13270

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