Comments and Notes NOTE 11. cont. Other Long-term Other Long-term Securities Holdings Securities Holdings Group Parent Company Parent company 2005 2004 2003 2005 2004 2003 2005 2004 2003 Opening balance 10 10 10 Tradimus AB 10 10 10 10 10 10 Closing balance 10 10 10 Kiint Oy Honkakoli – 1 1 – – – Other 1 3 3 – – – Parent company holdings of shares in associated companies relate to VBG Total 11 14 14 10 10 10 AB (publ). Prop. of No. of capital Book Value Corp ID. No. Reg. Office/Country Shares and votes 2005 2004 2003 Subsidiaries of Hexagon AB Leica Geosystems Holdings AG – Switzerland 2,414,553 98% 8,750 – – Hexagon Holdings, Inc. – USA 100 100% 1,412 1,412 1,412 SwePart AB 556046–3407 Stockholm 8,662,500 100% 218 218 218 Hexagon Förvaltning AB 556016–3049 Stockholm 200,000 100% 206 206 206 Hexagon Polymers AB 556108–9631 Gislaved 100 100% 726 726 188 Hexagon Automation AB 556207–5357 Helsingborg 2,000 100% – 160 160 Johnson Industries AB 556099–2967 Örebro 3,000 100% 133 133 133 Röomned AB 556394–3678 Stockholm 1,439,200 100% 100 100 100 Hexagon Metrology AB 556365–9951 Stockholm 1,000 100% 78 78 78 Tecla AB 556068–1602 Stockholm 160,000 100% 14 14 14 Kramsten Food and Drink Suppliers AB 556083–1124 Stockholm 100,000 100% 12 12 12 Other companies, mainly dormant 100% 0 2 2 Total 11,649 3,061 2,523 NOTE 12. Shares in Associated Companies Share in Associated Companies’ Earnings Shareholders’ Book Value Before Before Before No. of Prop. of, % Equity, Group Tax Tax Tax Tax Tax Tax RR/IFRS Shares Capital Votes MSEK 2005 2004 2003 2005 2005 2004 2004 2003 2003 Outokumpu Nordic Brass AB 10,500 50.0% 50.0% 24 27 55 53 –31 2 4 1 7 1 Brown & Sharpe Precizika 2,298,526 52.8% 52.8% 0 0 0 0 0 0 0 0 0 0 Megufo AB 500 50.0% 50.0% 0 0 0 0 0 0 0 0 0 0 Precisionsstål AB – – – – – – 1 – – 0 0 0 0 VBG AB (publ) – – – – – – 123 – – 6 2 11 –4 AED–SICAD AG 67,246 20.0% 20.0% 9 9 – – – – – – – – Geonova AG 134,910 20.0% 20.0% 1 0 – – 0 0 – – – – Total according to RR 34 36 55 177 –31 2 10 3 18 –3 IFRS adjustment: Depreciation of goodwilll – – 2 – – – 2 – – – Total according to IFRS 34 36 57 177 –31 2 12 3 18 –3 Outokumpu Nordic Brass AB, corporate identity no. 556499-3979, has its registered office in Valdemarsvik, Sweden. Brown & Sharpe Precizika has its registered office in Lithuania. Because of the limited control, this company has been accounted pursuant to the equity method. Megufo AB, corporate identity no. 556421-2453, has its registered office in Gislaved, Sweden. AED–SICAD AG, corporate identity no. 008102, has its registered office in Bonn, Germany. Geonova AG, corporate identity no. CH 280.3003.179-8, has its registered office in Muttenz, Switzerland. The holding in VBG AB (publ) was spun off to Hexagon AB’s shareholders in 2004. The holding in Precisionsstål AB was divested in 2004. NOTE 13. Auditors’ Fees Group Parent Company (SEK ’000) 2005 2004 2003 2005 2004 2003 Auditing Ernst & Young 13,880 9,905 8,875 330 460 315 Other 304 702 300 – – – Total 14,184 10,607 9,175 330 460 315