Scania Annual Report 2011

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108 notes to the consolidated financial statements NOTE 12 Tangible non-current assets, continued 2009 Accumulated cost Buildings and land Machinery and equipment Construction in progress and advance payments Lease assets 1 Total 1 January 16,084 26,056 3,192 16,052 61,384 Acquisitions/divestments of subsidiaries 23 78 – – 101 Additions 212 768 2,164 5,151 8,295 Divestments and disposals –68 –1,556 –23 –5,547 –7,194 Reclassifications 1,150 2,482 –3,617 32 47 Exchange rate differences –131 876 –1 –431 313 Total 17,270 28,704 1,715 15,257 62,946 Accumulated depreciation 1 January 6,186 17,975 – 4,299 28,460 Acquisitions/divestments of subsidiaries 7 5 – – 12 Depreciation for the year – Vehicles and Services 370 1,769 – 870 3,009 – Financial Services – 15 – 1,842 1,857 Divestments and disposals –28 –1,374 – –2,814 –4,216 Reclassifications 19 –19 – 2 2 Exchange rate differences 2 714 – –96 620 Total 6,556 19,085 – 4,103 29,744 Accumulated impairment losses 2 1 January –1 – – 93 92 Change in value for the year – – – –57 –57 Exchange rate differences – – – 1 1 Total –1 – – 37 36 Carrying amount, 31 December 10,715 9,619 1,715 11,117 33,166 − of which “Machinery” 8,239 − of which “Equipment” 1,380 − of which “Buildings” 8,170 − of which “Land” 2,545 − of which Financial Services 33 8,898 8,931 1 Including assets for short-term rentals, operating leases as well as assets capitalised due to repurchase obligations. 2 Impairment losses on lease assets refer to value adjustment for credit losses. financial reports Scania 2011
109 NOTE 13 Holdings in associated companies, joint ventures etc. 2011 2010 2009 Carrying amount, 1 January 465 469 473 Acquisitions, capital contributions, divestments and impairment losses during the year 1 – 13 24 Exchange rate differences 7 –31 –32 Share in income for the year 16 16 5 Dividends –11 –2 –1 Carrying amount, 31 December 477 465 469 Contingent liabilities – – – 1 The 2010 amount was related to the acquisition of Laxå Special Vehicles AB. The 2009 amount was related to a capital contribution to Cummins-Scania XPI. Share of assets, liabilities, revenue and income 2011 2010 2009 Non-current assets 398 388 372 Current assets 220 191 165 Non-current liabilities 4 5 8 Current liabilities 137 109 60 Scania’s share of net assets 477 465 469 Sales revenue 837 544 490 Income before taxes 23 20 7 Taxes –7 –4 –2 Net income for the year 16 16 5 Carrying amount in Parent Company financial statements Value of Scania’s share in consolidated financial statements Associated companies and joint ventures / Corporate ID number / country of registration Ownership, % 2011 2010 2009 Bits Data in Södertälje AB, 556121-2613, Sweden 33 2 7 8 4 Cummins-Scania HPI L.L.C; 043650113, USA 30 0 7 15 15 Laxå Special Vehicles AB, 556548-4705, Sweden 30 13 16 15 – ScaValencia S.A., ES A46332995, Spain 26 14 22 21 24 ScaMadrid S.A., ES A80433519, Spain 49 20 22 23 26 Holdings in associated companies 49 74 82 69 Cummins-Scania XPI Manufacturing L.L.C; 20-3394999, USA 50 384 395 376 393 Oppland Tungbilservice AS, 982787602, Norway 50 1 4 3 3 Tynset Diesel AS, 982787508, Norway 50 1 4 4 4 Holdings in joint ventures 386 403 383 400 Holdings in associated companies and joint ventures 477 465 469 Other shares and participations 19 17 19 Total 496 482 488 financial reports Scania 2011
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ANNUAL REPORT 2011
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1 Operations 2-31 Statement of the
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SCANIA’S STRATEGY 3 Our solution
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The world of Scania Scania is a glo
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scania’s strategY 7 Scania’s st
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SCANIA’S STRATEGY 9 The change in
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SCANIA’S STRATEGY 11 The aluminiu
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SCANIA’S STRATEGY 13 Profitable b
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SCANIA’S STRATEGY 15 Component mo
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SCANIA’S STRATEGY 17 Methods for
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SCANIA’S STRATEGY 19 Scania is st
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market - TRUCKS 21 Effective overal
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23 assembles the bodies for the Sca
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100 years of innovation In 2011, Sc
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27 Productivity and energy efficien
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SCANIA’S STRATEGY 29 service tech
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SCANIA’S STRATEGY 31 Experience s
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34 MARKET Lastbilar nettoomsättnin
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36 production
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38 production Greater flexibility w
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40 RESEARCH AND DEVELOPMENT
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42 RESEARCH AND DEVELOPMENT Scania
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44 SCANIA’S SUSTAINABILITY WORK R
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46 SCANIA’S SUSTAINABILITY WORK K
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48 SCANIA’S SUSTAINABILITY WORK S
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50 SCANIA’S SUSTAINABILITY WORK S
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52 SCANIA’S SUSTAINABILITY WORK C
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54 SCANIA’S SUSTAINABILITY WORK M
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56 Scania share data Scania share d
Page 60 and 61: 58 Annual General Meeting and Finan
Page 62 and 63: 60 Risks and risk management servic
Page 64 and 65: 62 Risks and risk management Produc
Page 66 and 67: 64 CORPORATE GOVERNANCE REPORT owne
Page 68 and 69: 66 CORPORATE GOVERNANCE REPORT The
Page 70 and 71: 68 CORPORATE GOVERNANCE REPORT by t
Page 72 and 73: 70 BOARD OF DIRECTORS Board of Dire
Page 74 and 75: 72 EXECUTIVE BOARD AND CORPORATE UN
Page 76 and 77: financial reports Amounts in tables
Page 78 and 79: 76 group financial review Group fin
Page 80 and 81: 78 group financial review During 20
Page 82 and 83: 80 consolidated income statements C
Page 84 and 85: 82 consolidated balance sheets Cons
Page 86 and 87: 84 Consolidated statement of change
Page 88 and 89: 86 notes to the consolidated financ
Page 102 and 103: 100 notes to the consolidated finan
Page 140 and 141: 138 parent company financial statem
Page 142 and 143: 140 notes to the parent company fin
Page 144 and 145: 142 proposed guidelines for salary
Page 146 and 147: 144 audit report Audit Report TRANS
Page 148 and 149: 146 quarterly data Quarterly data,
Page 150 and 151: 148 key financial ratios and figure
Page 152 and 153: 150 multi-year statistical review M
Page 154 and 155: 152 The Annual Report contains forw
Page 156: Scania AB (publ), SE-151 87 Södert
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Scania Annual Report 2011

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