Anders Hedin Invest Årsredovisning 1
Financial December 31, 2016 Assets Long-term secu
rities Trade receivables and other receivables Short-term investments Cash and cash equivalents Total assets 1,539 35,865 1,539 927,528 607,478 Other December 31, 2016 Liabilities in the balance sheet Loans Accounts payable Liabilities relating to financial leasing Accrued expenses Other debts financial liabilities 693,227 430,747 58,299 42,845 73,035 1,298,153 The interest rate on outstanding liabilities is variable and this means that the carrying amount corresponds to the fair value. NOTE 35 RELATED TRANSACTIONS Four limited companies were acquired on August 1, 2016 from the board member Helena Hedin. The company's business consists of owning and managing four properties. The properties are used in the automotive business, and the later became part of the sale of the property portfolio to Balder Fastighets AB. The purchase price amounted to SEK 5,200. The value of assets amounts to SEK 141,936,000 and liabilities to SEK 136,736,000. A residential property was sold to Anders Hedin in November 2016. The sale took place at the market value based on two external independent values. The Group has loans from partners and related parties to shareholders of SEK 108,157 (73,035). The interest is replaced by the government borrowing rate plus 3 percentage points. The sales occurred in 2016 through I.A. Hedin Fastighet AB with associated subsidiaries of Fastighets AB Balder. The constituent properties are rented on a continued basis by the Group provided they are used in the operations. The lease contract runs for a period of 12 years. Erik Selin has been a board member of I.A. Hedin Bil AB since March 2017. There was no related transaction at the time of sale. 693,227 430,747 58,299 42,845 73,035 1,298,153 NOTE 36 EVENTS AFTER THE BALANCE SHEET DATE On February 28, I.A. Hedin Fastighet AB sold two operating properties in Gävle. 927,528 571,613 927,528 571,613 1,539 35,865 1,536,545 Total instrument to fair value through income statement Disposable financial assets Loans and receivables Total ANDERS HEDIN INVEST AB / ANNUAL REPORT / 2017 101