This chapter is covered by the Auditors' Report.
|
|
2008 |
2007 |
Raw materials, components, consumables
and manufacturing work in progress
|
7,413 |
7,476 |
|
Finished products and goods for resale |
7,616 |
5,338 |
|
Contract work in progress |
12,807 |
10,338 |
|
Less advances from customers 1) |
– |
–677 |
|
Inventories, net |
27,836 |
22,475 |
Contract work in progress includes amounts related to delivery-type contracts, service contracts and construction-type contracts with ongoing work in progress.
Reported amounts are net of obsolescence allowances of SEK 3,493 (2,752) million.
| |
2008 |
2007 |
2006 |
|
Opening balance |
2,752 |
2,578 |
2,519 |
|
Additions, net |
1,553 |
1,276 |
857 |
|
Utilization |
–1,039 |
–1,114 |
–693 |
|
Translation difference |
250 |
17 |
–81 |
|
Balances regarding acquired/divested businesses |
–23 |
–5 |
–24 |
|
Closing balance |
3,493 |
2,752 |
2,578 |
The amount of inventories recognized as an expense and included in Cost of sales was SEK 58,155 (52,864) million.
|
|
2008 |
2007 |
|
For construction-type contracts in progress: |
|
|
Aggregate amounts of costs incurred |
2,156 |
9,599 |
Aggregate amount of recognized profits
(less recognized losses)
|
971 |
2,007 |
|
Gross amount due from customers 1) |
204 |
733 |
|
Gross amount due to customers 2) |
406 |
1,643 |
The aggregate amounts of costs incurred relate to all construction-type contracts that were not finalized as per December 31, 2008, and include all costs incurred since the start of these projects, including any costs incurred prior to January 1, 2008. Net sales for construction-type contracts for 2008 amount to SEK 2,488 (7,121) million, see Note C4, “Net Sales”.
