Annual Report 2003 - Modern Times Group MTG AB

Consolidated balance sheet
SEK million Note Dec 31, 2003 Dec 31, 2002 Dec 31, 2001
SHAREHOLDERS´ EQUITY AND LIABILITIES
Shareholders’ equity
Restricted equity
15
Share capital 331.9 331.9 331.9
Restricted reserves 1,546.4 1,502.4 1,400.9
Non-restricted equity
1,878.3 1,834.3 1,732.8
Non-restricted reserves -22.6 117.8 94.8
Net income/loss for the year 289.3 -66.6 120.7
266.7 51.1 215.5
Total shareholders´ equity 2,145.0 1,885.4 1,948.3
Minority interests in equity 2.0 15.8 4.7
Provisions
Provisions for pensions 0.9 0.5 0.4
Deferred tax liability 8 4.0 1.7 -
Other provisions 16 228.6 170.6 131.9
Total provisions 233.4 172.8 132.3
Long-term liabilities 17, 18
Interest-bearing
Overdraft facilities - - 37.1
Other liabilities to financial institutions - 425.0 315.0
Convertible debenture loan 2001/2006 1,091.3 1,103.1 1,130.3
Other liabilities 5.1 7.1 9.3
1,096.3 1,535.2 1,491.7
Non-interest bearing 11.5 30.0 26.1
Total long-term liabilities 1,107.9 1,565.1 1,517.8
Current liabilities
Interest-bearing
Liabilities to financial institutions 250.0 225.0 350.0
Trade notes payable - - 0.2
Liabilities to associated companies - 1.9 -
Non-interest-bearing
250.0 226.9 350.2
Advances from customers 37.7 57.1 92.9
Accounts payable 630.1 818.1 1,274.4
Liabilities to associated companies - - 13.5
Tax liability 40.4 93.0 126.8
Other liabilities 324.1 384.3 488.6
Accrued expense and prepaid revenue 19 945.4 965.0 991.5
1,977.7 2,317.6 2,987.7
Total current liabilities 2,227.7 2,544.5 3,337.9
Total liabilities 3,570.9 4,298.2 4,992.7
TOTAL SHAREHOLDERS´ EQUITY AND LIABILITIES 5,715.9 6,183.6 6,941.0
Pledged assets None None None
Contingent liabilities 20 0.3 120.1 135.3
financial statements
41