PC5. Tangible fixed assets

AP ACCOUNTING PRINCIPLES

The Parent Company’s tangible fixed assets are recognized in accordance with the Group’s accounting principles. The Parent Company recognizes standing timber as a tangible fixed asset at historical cost. No systematic depreciation or changes in value in conjunction with felling is carried out in the Parent Company. Collective revaluation of forest assets has occurred. The revaluation amount was placed in a revaluation reserve in equity.

Tangible fixed assets

 

Buildings

Land and land improvements

Machinery and equipment

Total

SEKm

2016

2015

2016

2015

2016

2015

2016

2015

Accumulated costs

166

166

4,186

4,029

5

25

4,357

4,220

Accumulated amortization

–110

–106

–977

–913

–5

–17

–1,092

–1,036

Accumulated write-ups

5,006

5,006

5,006

5,006

Total

56

60

8,215

8,122

0

8

8,271

8,190

 

 

 

 

 

 

 

 

 

Value, January 1

60

65

8,122

8,034

8

9

8,190

8,108

Investments

1

1

164

154

0

2

165

157

Sales and disposals

0

0

–7

–6

–6

–1

–13

–7

Amortization for the period

–5

–6

–64

–60

–2

–2

–71

–68

BS Value, December 31

56

60

8,215

8,122

0

8

8,271

8,190

Land includes forest land in the amount of SEK 7,393m (7,384).