Scania - Annual Report 2006

Scania annual report 2006 78 NOTE 13 Holdings in associated companies and joint ventures 2006 2005 2004 Carrying amount, 1 January 71 66 66 Acquisitions, capital contributions, divestments, impairment losses 1 83 -6 -4 Reclassifications – 1 0 Exchange rate differences -5 7 -3 Share in income for the year 5 8 8 Dividends -6 -5 -1 Carrying amount, 31 December 148 71 66 Contingent liabilities 0 0 0 1 SEK 83 m. refers to a capital contribution to Cummins-Scania XPI, which was started in 2006. Scania has entered into a joint venture agreement with Cummins related to development projects. Ownership % Carrying amount in Parent Company financial statement Value of Scania’s share in consolidated fianancial statements Associated company or joint venture/corporate ID number/country of registration 2006 2005 2004 Cummins-Scania high pressure injection L.L.C; 043650113, USA 30 26 23 32 30 BitsData AB, 556112-2613, Sweden 25 1 4 3 1 ScaMadrid S.A., ES A80433519, Spain 49 12 21 22 19 ScaValencia S.A., ES A46332995, Spain 26 1 14 13 16 Holdings in associated companies 62 70 66 Cummins-Scania XPI; 20-3394999, USA 50 83 83 – – Other – 1 3 1 0 Holdings in joint ventures 86 1 0 Holdings in associated companies and joint ventures 148 71 66 Other shares and participations 25 25 26 Total 173 96 92 Share of assets, liabilities and income 2006 2005 2004 Non-current assets 104 47 46 Current assets 120 76 73 Non-current liabilities 11 14 16 Current liabilities 65 37 34 Scania’s share of net assets 148 72 69 Sales revenue 736 464 455 Income after financial items 7 11 12 Taxes -2 -3 -4 Net income for the year 5 8 8