Skanska Annual Report 2003

Note 33 continuedConsolidated balance sheet by currencyOtherforeign Hedge2003, SEK billion USD GBP EUR NOK CZK DKK PLN currencies 1 loans 2 SEK TotalAssetsIntangible fixed assets 0.4 1.5 0.4 1.4 0.3 0.0 0.0 0.5 0.2 4.7Tangible fixed assets 1.4 0.5 0.4 0.6 1.2 0.1 0.4 0.0 2.1 6.7Shares and participations 0.0 0.0 0.1 0.0 0.0 0.0 0.0 1.2 0.2 1.5Financial receivables 1.2 3.8 1.4 0.2 0.8 0.6 0.1 –7.4 2.5 3.2Current-asset properties 0.6 0.0 2.2 0.8 0.5 1.6 0.3 0.1 7.6 13.7Inventories, tax claims and operating receivables 9.5 4.6 2.1 2.2 2.1 0.8 1.1 0.8 6.8 30.0Liquid asets 1.5 0.4 0.2 0.2 0.3 0.1 0.1 0.8 3.4 7.0Total 14.6 10.8 6.8 5.4 5.2 3.2 2.0 –4.0 22.8 66.8Shareholders’ equity and liabilitiesShareholders’ equity 3 3.0 3.5 2.4 2.1 1.6 0.6 0.6 1.6 –0.9 14.5Minority interests 0.0 0.1 0.1 0.1 0.0 –0.1 0.0 0.2Interest-bearing provisions and liabilities 0.9 1.2 1.2 0.3 0.3 1.5 0.1 –6.4 3.9 7.1 10.1Non-interest-bearing provisions and liabilities 10.7 6.0 3.1 3.0 3.2 1.1 1.3 0.9 12.7 42.0Total 14.6 10.8 6.8 5.4 5.2 3.2 2.0 –4.0 3.9 18.9 66.8Otherforeign Hedge2002, SEK billion USD GBP EUR NOK CZK DKK PLN currencies 1 loans 2 SEK TotaltAssetsIntangible fixed assets 0.6 1.8 0.5 1.8 0.3 0.4 0.4 5.8Tangible fixed assets 1.5 0.5 0.4 0.8 1.1 0.2 0.6 0.1 2.6 7.8Shares and participations 0.1 0.1 1.2 0.6 2.0Financial receivables 1.2 4.6 1.2 0.2 0.1 –6.1 0.8 2.0Current-asset properties 1.7 2.4 1.1 0.5 2.1 0.5 0.2 11.0 19.5Inventories, tax claims and operating receivables 10.7 5.0 2.2 2.7 1.8 0.9 1.2 0.7 8.6 33.8Liquid asets 2.6 0.6 0.3 0.3 0.2 0.1 0.3 1.4 5.8Total 18.3 12.5 7.1 6.9 3.9 3.4 2.4 –3.2 25.4 76.7Shareholders’ equity and liabilitiesShareholders’ equity 3 3.7 3.8 2.2 2.6 1.4 0.5 0.5 1.7 –2.2 14.2Minority interests 0.1 0.1 0.1 0.0 0.3Interest-bearing provisions and liabilities 1.2 2.2 1.7 1.0 0.2 1.5 0.7 –5.9 4.1 10.4 17.1Non-interest-bearing provisions and liabilities 13.3 6.5 3.1 3.3 2.3 1.4 1.3 0.9 13.0 45.1Total 18.3 12.5 7.1 6.9 3.9 3.4 2.5 –3.2 4.1 21.2 76.71 Including elimination of intra-Group receivables and liabilities.2 Aside from hedge loans in GBP, EUR and USD, Skanska has hedged shareholders’ equity in foreign currencies via forward contracts (not in the balance sheet) equivalent to liabilities of SEK 5.6 billion(5.2) in USD, GBP, CLP and BRL.3 After elimination of shares in subsidiaries.Other mattersFor information on accumulated exchange rate differences in shareholders’ equity on January 1 and December 31, which is reporteddirectly under shareholders’ equity, see Note 26, ”Shareholders’ equity.”Skanska Annual Report 2003 – Notes, including accounting and valuation principles 77