Scania Annual Report 2011

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financial reports Amounts in tables are reported in millions of Swedish kronor (SEK m.) unless otherwise stated. Group financial review 76 Consolidated income statements 80 Consolidated balance sheets 82 Consolidated statement of changes in equity 84 Consolidated cash flow statements 85 Notes to the consolidated financial statements 86–137 Note 1 Accounting principles 86 Note 2 Key judgements and estimates 94 Note 3 Operating segment reporting 96 Note 4 Revenue from external customers 98 Note 5 Operating expenses 99 Note 6 Financial Services 100 Note 7 Financial income and expenses 101 Note 8 Taxes 101 Note 9 Earnings per share 103 Note 10 Depreciation/amortisation 103 Note 11 Intangible non-current assets 104 Note 12 Tangible non-current assets 106 Note 13 Holdings in associated companies and joint ventures etc. 109 Note 14 Inventories 110 Note 15 Other receivables 110 Note 16 Equity 110 Note 17 Provisions for pensions and similar commitments 113 Note 18 Other provisions 117 Note 19 Accrued expenses and deferred income 118 Note 20 Assets pledged and contingent liabilities 118 Note 21 Lease obligations 118 Note 22 Government grants and assistance 119 Note 23 Changes in net debt 119 Note 24 Consolidated cash flow statement 120 Note 25 Business acquired/divested 121 Note 26 Wages, salaries and other remuneration and number of employees 121 Note 27 Related party transactions 123 Note 28 Compensation to executive officers 123 Note 29 Fees and other remuneration to auditors 125 Note 30 Financial risk management 126 Note 31 Financial instruments 132 Note 32 Subsidiaries 135 Parent Company financial statements, Scania AB 138 Notes to the Parent Company financial statements 140 REPORT OF THE DIRECTORS 142–143 Proposed guidelines for salary and other remuneration 142 Proposed distribution of earnings 143 Audit report 144 Quarterly data 146 Key financial ratios and figures 148 Definitions 149 Multi-year statistical review 150
75 FINANCIAL REPORTS AUDITOR: Ernst & Young AB, Lars Träff financial reports Scania 2011
Page 1 and 2:
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
Page 25 and 26: 23 assembles the bodies for the Sca
Page 27 and 28: 100 years of innovation In 2011, Sc
Page 29 and 30: 27 Productivity and energy efficien
Page 31 and 32: SCANIA’S STRATEGY 29 service tech
Page 33: SCANIA’S STRATEGY 31 Experience s
Page 36 and 37: 34 MARKET Lastbilar nettoomsättnin
Page 38 and 39: 36 production
Page 40 and 41: 38 production Greater flexibility w
Page 42 and 43: 40 RESEARCH AND DEVELOPMENT
Page 44 and 45: 42 RESEARCH AND DEVELOPMENT Scania
Page 46 and 47: 44 SCANIA’S SUSTAINABILITY WORK R
Page 48 and 49: 46 SCANIA’S SUSTAINABILITY WORK K
Page 50 and 51: 48 SCANIA’S SUSTAINABILITY WORK S
Page 52 and 53: 50 SCANIA’S SUSTAINABILITY WORK S
Page 54 and 55: 52 SCANIA’S SUSTAINABILITY WORK C
Page 56 and 57: 54 SCANIA’S SUSTAINABILITY WORK M
Page 58 and 59: 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 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
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124 notes to the consolidated finan
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138 parent company financial statem
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140 notes to the parent company fin
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142 proposed guidelines for salary
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144 audit report Audit Report TRANS
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146 quarterly data Quarterly data,
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148 key financial ratios and figure
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150 multi-year statistical review M
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152 The Annual Report contains forw
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Scania AB (publ), SE-151 87 Södert
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Scania Annual Report 2011

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