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GROUP PARENT COMPANY



1 1

EUR M SEK M SEK M EUR M SEK M



Note 2005 2005 2004 Note 2005 2005

ASSETS

Non-current assets

Intangible assets 15 1,705 16,078 14,138 15 4 36

Tangible assets 16 605 5,702 5,279 16 1 10

Shares in subsidiaries - - - 17 1,294 12,202

Shares in associates 18 4 37 36 - -

Receivables from subsidiaries - - - 235 2,216

Other long-term financial assets 20 18 171 130 20 7 67

Deferred tax receivables 19 143 1,349 1,488 - -





Total non-current assets 2,475 23,337 21,071 1,541 14,531





Current assets

Inventories 21 390 3,679 3,135 - -

Accounts receivable 22 511 4,818 4,146 - -

Receivables from subsidiaries - - - 1,989 18,758

Current tax receivables 13 129 172 - -

Other short-term receivables 36 344 266 2 15

Prepaid expenses and accrued income 39 365 266 4 41

Derivative financial instruments 23 5 43 - - -

Short-term investments 2 19 44 - -

Cash and cash equivalents 24 102 958 1,017 24 88 833





Total current assets 1,098 10,355 9,046 2,083 19,647





TOTAL ASSETS 3,573 33,692 30,117 3,624 34,178





Assets pledged 25 7 70 43 None None





EQUITY AND LIABILITIES

2

Equity (Group / Parent company) 26

Parent company's shareholders

Share capital 27 39 366 366 27 39 366

Other contributed capital / Reserve fund 942 8,887 8,887 944 8,905

Reserves / Premium reserve 28 113 1,061 -479 - -

Retained earnings incl. / excl. net income 427 4,028 2,452 519 4,892

Net income in Parent company - - - 76 715





1,521 14,342 11,226 1,578 14,878

Minority interests 7 71 27 - -

Total equity 1,528 14,413 11,253 1,578 14,878





Non-current liabilities

Long-term loans 25 295 2,783 4,225 - -

Convertible debenture loans 25 100 943 1,804 25 100 943

Long-term loans to subsidiaries - - - 235 2,216

Deferred tax liabilities 19 16 153 245 - -

Pension obligations 29 173 1,634 1,677 29 - -

Other long-term provisions 30 9 88 93 - -

Other long-term liabilities 17 156 68 - -

Total non-current liabilities 610 5,757 8,112 335 3,159





Current liabilities

Short-term loans 25 739 6,966 5,594 25 407 3,842

Convertible debenture loans 25 100 943 - 25 100 943

Derivative financial instruments 23 6 54 - - -

Accounts payable 207 1,949 1,521 2 19

Short-term liabilities to subsidiaries - - - 1,192 11,241

Current tax liabilities 21 196 304 1 13

Short-term provisions 30 36 344 586 - -

Other short-term liabilities 31 70 657 677 1 5

Accrued expenses and prepaid income 32 256 2,413 2,070 32 8 78





Total current liabilities 1,435 13,522 10,752 1,711 16,141





TOTAL EQUITY AND LIABILITIES 3,573 33,692 30,117 3,624 34,178





Contingent liabilities 33 111 1,050 817 33 1,070 10,088

1

Closing-day EUR/SEK rate used for conversion from SEK to EUR above = 9.43.

2

Restricted equity: share capital, reserve fund and premium reserve. Unrestricted equity: retained earnings and net income.

PARENT COMPANY



SEK M



2004







7

8

25,497

-

2,216

67

-





27,795







-

-

5,105

-

45

53

-

-

4





5,207





33,002





None









366

645

8,260

2,014

3,869





15,154

-

15,154







3,104

1,804

2,216

-

-

-

-

7,124







507

-

-

22

10,108

12

-

11

64





10,724





33,002





7,393



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