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Kesko's year 2007

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Year <strong>2007</strong><br />

Note 14<br />

Long-term available-for-sale financial assets<br />

Divisions The Group<br />

Financial<br />

statements Further information 103<br />

Available-for-sale financial assets include unquoted shares primarily measured at cost because their fair values cannot be reliably measured.<br />

€ million <strong>2007</strong> 2006<br />

Carrying amount at 1 January 12.0 11.6<br />

Additions 1.2 0.5<br />

Disposals -9.2 -0.1<br />

Changes in fair value 0.0 0.0<br />

Carrying amount at 31 December 4.0 12.0<br />

In <strong>2007</strong>, €37.1 million of gains on disposal of available-for-sale financial assets were recognised in financial items.<br />

Note 15<br />

Long-term receivables<br />

€ million <strong>2007</strong> 2006<br />

Non-interest-bearing long-term receivables 8.8 2.4<br />

Finance lease receivables 27.0 23.5<br />

Loan receivables from associates 0.9 1.0<br />

Other long-term receivables 0.2 93.3<br />

Total 36.9 120.2<br />

In 2006, other long-term receivables included customer finance receivables, which were classified as available-for-sale assets in <strong>2007</strong><br />

(Note 3, 25). The non-interest-bearing long-term receivables include €8.0 million in derivative value changes, the balance sheet value of which<br />

corresponds to their fair value. The fair values of finance lease receivables cannot be reliably measured.<br />

Maturities of long-term receivables at 31 Dec. <strong>2007</strong><br />

€ million 2009 2010 2011 2012 2013- Total<br />

Non-interest-bearing long-term receivables 2.5 0.6 0.0 0.0 5.7 8.8<br />

Finance lease receivables 8.1 7.4 5.2 3.1 3.3 27.0<br />

Loan receivables from associates 0.9 0.9<br />

Other long-term receivables 0.2 0.2<br />

Total 10.6 8.0 5.2 3.1 10.0 36.9

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