Anders Hedin Invest årsredovisning ENG 1
Holdings with non-controlling interests The Group
owns 91% of I.A. Hedin Bil AB. Financial information for I.A. Hedin Bil AB is summarized below. Information that pertains to amounts before Group-internal eliminations. Summarized information of the Balance Sheet Fixed assets Current assets Long term liabilities Short term liabilities Net assets Summarized information of the earnings Earnings Profit after financial items Profit for the year Cash flow analysis in summary Cash flow from operating activities Cash flow from investment activities Cash flow from financial activities Adjustments of cash and cash equivalents NOTE 24 PENSIONS Opening carrying amount Transferred benefits Transference of ITPK Pension payments Interest rates Revaluation as a result of changes in financial estimates. Revaluation as a result of precedence based estimates. Defined benefit pension plans For officials in Sweden, the IT 2 Plan's defined benefit pension plans are ensured both with regards to age and family pensions via an insurance policy at Alecta. According to the Council for Financial Reporting, UFR 10 Classification of ITP plans that are financed via insurances at Alecta, this is considered as a defined benefit plan that includes several employers. For the fiscal years 2015 and 2014 the company has not been able to access information necessary to report proportional participation in the plan's obligations, managed assets, and costs, which has entailed that it has not been possible to report the plan as a defined benefit plan. Pension plan ITP 2 which is secured via an insurance policy at Alecta is therefore reported as an defined contribution plan. The premium for the defined benefit age and family plan is calculated individually and is based on, among other things, salary, previous earnings and expectations of remaining years of service. Fees for pension insurances at Alecta amount to 12,072 (13,415) for the year. The Group also has defined benefit plans in Sweden which are secured via FPG/PRI. These plans are close-ended and no new earnings are added. Pension liabilities for these amount to 73,047 (74,116). For actuarial calculations, a discount rate of 2,5% (2,75%) and an inflation rate of 1,5% (1,5%) have been applied. Sensitivity analysis Discount rates Inflation Life span Assessments 0.5% 0.5% +1 Changes -4,106 4,470 2,691 01/01/2015 - 31/12/2015 74,116 01/01/2014 - 31/12/2014 30,016 46,226 -83 -4,312 1,966 2,103 -826 73,047 -4,509 2,094 2,689 -2,317 74,116 31/12/2015 709,352 1,460,633 -301,240 -1,258,684 610,061 31/12/2015 8,086,642 158,553 -442 31/12/2015 -67,952 270,281 -211,619 -9,290 31/12/2014 711,189 1,345,162 -168,866 -1,275,986 611,499 31/12/2014 6,548,842 114,205 18,143 31/12/2014 -8,151 -191,721 208,628 8,756 82 ANDERS HEDIN INVEST AB ANNUAL REPORT / 2015