Interest-bearing receivables
The total carrying value of interest-bearing receivables was distributed as follows.
|
|
December 31, | |
|---|---|---|
| SEK in millions | 2008 | 2007 |
| Loans and receivables at amortized cost | 921 | 385 |
| Short-term investments with maturities over 3 months | 1,031 | 1,059 |
| of which investments held-for-trading | 50 | 95 |
| of which bonds and commercial papers held-to-maturity | 564 | 358 |
| of which bank deposits at amortized cost | 417 | 606 |
| Subtotal (see Categories – Note 27) | 1,952 | 1,444 |
| Finance lease receivables | 195 | 257 |
| Total (see Credit risk – Note 28) | 2,147 | 1,701 |
The carrying values are assumed to approximate fair values as the risk of changes in value is insignificant. Refer to Notes 27 “Financial Assets and Liabilities by Category” and 28 “Financial Risk Management” for more information on financial instruments classified by category and exposed to credit risk, respectively. For information on leases, see Note 29 “Leasing Agreements.”
Cash and cash equivalents
Cash and cash equivalents were distributed as follows.
|
|
December 31, | |
|---|---|---|
| SEK in millions | 2008 | 2007 |
| Short-term investments with maturities up to and including 3 months | 5,277 | 2,261 |
| of which commercial papers held-to-maturity | 244 | 1,189 |
| of which bank deposits at amortized cost | 5,033 | 1,072 |
| Cash and bank | 6,549 | 5,541 |
| Total (see Categories – Note 27 and Credit risk – Note 28) | 11,826 | 7,802 |
The carrying values are assumed to approximate fair values as the risk of changes in value is insignificant. Refer to Notes 27 “Financial Assets and Liabilities by Category” and 28 “Financial Risk Management” for more information on financial instruments classified by category and exposed to credit risk, respectively, and to Note 30 “Contingencies, Other Contractual Obligations and Litigation” for information on blocked funds in bank accounts.