- Annual report 2007/2008
-
Annual report 2008/2009
- 2008/2009 In brief
- President’s comments
- Hemtex share
- Presentation of operations
- Board of Directors’ report
- Income statements
- Balance sheets
- Changes in consolidated shareholders’ equity
- Changes in Parent Company shareholders’ equity
- Cash-flow statements
-
Notes
- Note 1 - Accounting principles
- Note 2 - Segment reporting
- Note 3 - Other operating income
- Note 4 - Employees and personnel costs
- Note 5 - Fees to auditors
- Note 6 - Depreciation/amortization of tangible and intangible fixed assets
- Note 7 - Exchange-rate differences that affected profits
- Note 8 - Net financial items
- Note 9 - Appropriations
- Note 10 - Taxes
- Note 11 - Earnings per share
- Note 12 - Intangible fixed assets
- Note 13 - Tangible fixed assets
- Note 14 - Financial fixed assets
- Note 15 - Deferred tax assets/deferred tax liabilities
- Note 16 - Prepaid expenses and accrued income
- Note 17 - Shareholders’ equity
- Note 18 - Untaxed reserves
- Note 19 - Liabilities to credit institutions
- Note 20 - Overdraft facilities
- Note 21 - Derivative held for hedging
- Note 22 - Accrued expenses and deferred income
- Note 23 - Pledged assets
- Note 24 - Contingent liabilities
- Note 25 - Leasing fees relating to operational leasing
- Note 26 - Adjustments for non-cash flow items
- Note 27 - Transactions not entailing payment
- Note 28 - Paid interest
- Note 29 - Acquisition of subsidiaries/operations
- Note 30 - Financial risks and risk policies
- Note 31 - Transactions with related parties
- Note 32 - Events after the closing date
- Note 33 - Important estimates and assessments
- Note 34 - Proposed dividend to shareholders
- Note 35 - Information about the Parent Company
- Note 36 - Definitions of key data
- Nine-year summary
- Proposed distribution of earnings
- Audit report
- Board of Directors
- Corporate Governance
- Management
- Hemtex stores
- Information about the AGM
- Annual reports archive
- Annual report 2009
- Annual Report 2010
- Annual Reports archive
Note 13 - Tangible fixed assets
| Equipment, fixtures and fittings | Group | Parent Company | ||||
| 2007 | 2008 | 2009 | 2007 | 2008 | 2009 | |
| Opening cost | 113,129 | 151,965 | 197,497 | 43,275 | 72,537 | 102,964 |
| Reclassification | – 7,677 | — | 500 | — | — | 500 |
| Acquisition of operations | 10,368 | 225 | 522 | 10,368 | 225 | 522 |
| Acquisitions for the year | 36,893 | 49,001 | 30,863 | 19,212 | 31,890 | 21,103 |
| Divestments and disposals | – 318 | – 4,530 | – 851 | – 318 | – 1,688 | – 851 |
| Translation differences for the year | – 430 | 836 | 7,278 | — | — | — |
| Closing accumulated cost | 151,965 | 197,497 | 235,809 | 72,537 | 102,964 | 124,238 |
| Opening depreciation according to plan | – 58,636 | – 72,608 | – 100,011 | – 16,513 | – 26,934 | – 42,739 |
| Reclassification | 5,961 | — | — | — | — | — |
| Divestments and disposals | 53 | 2,948 | 261 | 53 | 323 | 261 |
| Depreciation for the year | – 20,152 | – 29,883 | – 35,083 | – 10,474 | – 16,128 | – 20,924 |
| Translation differences for the year | 166 | – 468 | – 3,899 | — | — | – 29 |
| Closing accumulated depreciation according to plan | – 72,608 | – 100,011 | – 138,732 | – 26,934 | – 42,739 | – 63,431 |
| Carrying amount | 79,357 | 97,486 | 97,077 | 45,601 | 60,224 | 60,807 |
The Group’s equipment, fixtures and fittings include leasing objects such as store computer systems and store furnishings which are owned through financial leasing contracts with an cost of SEK 34,678,000 (34,464,000) and accumulated depreciation of SEK 33,834,000 (31,688,000). The present value of the future payment commitments is recognized as liabilities to credit institutions in the amount of SEK 844,000 (2,776,000), of which the short-term portion is SEK 647,000 (1,966,000). The entire debt is due for repayment within five years. There are no variable charges or conditions relating to forced acquisition or other restrictions in the financial leasing agreements.
See also Note 25 regarding operational leasing of tangible assets.
| Improvement charges on properties not belonging to Hemtex | Group | Parent Company | ||||
| 2007 | 2008 | 2009 | 2007 | 2008 | 2009 | |
| Opening cost | 3,275 | 24,125 | 29,983 | 3,275 | 9,511 | 15,008 |
| Reclassification | 7,677 | — | — | — | — | — |
| Acquisitions for the year | 13,173 | 10,012 | 6,017 | 6,236 | 6,495 | 2,472 |
| Divestments and disposals | — | – 4,468 | – 930 | — | – 998 | – 930 |
| Translation differences for the year | — | 314 | 1,527 | — | — | — |
| Closing accumulated cost | 24,125 | 29,983 | 36,597 | 9,511 | 15,008 | 16,550 |
| Opening depreciation according to plan | – 64 | – 6,685 | – 4,618 | – 64 | – 411 | – 973 |
| Reclassification | – 5,961 | — | — | — | — | — |
| Depreciation for the year | – 665 | – 1,300 | – 1,420 | – 347 | – 619 | – 744 |
| Divestments and disposals | — | 3,462 | 65 | — | 57 | 65 |
| Translation differences for the year | 5 | – 95 | – 823 | — | — | — |
| Closing accumulated depreciation according to plan | – 6,685 | – 4,618 | – 6,796 | – 411 | – 973 | – 1,652 |
| Carrying amount | 17,440 | 25,365 | 29,801 | 9,100 | 14,035 | 14,898 |