Note 13 - Tangible fixed assets

Equipment, tools, fixtures and fittings	Group			Parent Company
	2008	2009	2009*	2008	2009	2009*
	30 April	30 April	31 Dec	30 April	30 April	31 Dec
Opening cost	151,965	197,497	235,809	72,537	102,964	124,238
Reclassification	—	500	—	—	500	—
Acquisition of operations	225	522	—	225	522	—
Acquisitions for the year	49,001	30,863	8,089	31,890	21,103	6,653
Divestments and disposals	– 4,530	– 851	– 6,413	– 1,688	– 851	– 2,384
Translation differences for the year	836	7,278	– 1,546	—	—	– 70
Closing accumulated costs	197,497	235,809	235,939	102,964	124,238	128,437

Opening depreciation according to plan	– 72,608	– 100,011	– 138,732	– 26,934	– 42,739	– 63,431
Divestments and disposals	2,948	261	3,680	323	261	1,908
Depreciation for the year	– 29,883	– 35,083	– 22,917	– 16,128	– 20,924	– 14,245
Translation differences for the year	– 468	– 3,899	456	—	– 29	16
Closing accumulated depreciation according to plan	– 100,011	– 138,732	– 157,513	– 42,739	– 63,431	– 75,752
Carrying amount	97,486	97,077	78,426	60,224	60,807	52,685

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 (34,678,000) and accumulated depreciation of SEK 34,446,000 (33,834,000). The present value of the future payment commitments is recognized as liabilities to credit institutions in the amount of SEK 232,000 (844,000), of which the short-term portion is SEK 232,000 (647,000). 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 expenses pertaining to third party properties	Group			Parent Company
	2008	2009	2009*	2008	2009	2009*
	30 April	30 April	31 Dec	30 April	30 April	31 Dec
Opening cost	24,125	29,983	36,597	9,511	15,008	16,550
Acquisitions for the year	10,012	6,017	1,105	6,495	2,472	626
Divestments and disposals	– 4,468	– 930	– 646	– 998	– 930	– 328
Translation differences for the year	314	1,527	– 224	—	—	– 4
Closing accumulated costs	29,983	36,597	36,832	15,008	16,550	16,844

Opening depreciation according to plan	– 6,685	– 4,618	– 6796	– 411	– 973	– 1,652
Depreciation for the year	– 1,300	– 1,420	– 13,854	– 619	– 744	– 6,849
Divestments and disposals	3,462	65	121	57	65	57
Translation differences for the year	– 95	– 823	155	—	—	1
Closing accumulated depreciation according to plan	– 4,618	– 6,796	– 20,374	– 973	– 1,652	– 8,443
Carrying amount	25,365	29,801	16,458	14,035	14,898	8,401

During the abbreviated 2009 fiscal year, a change in useful life from 20 to five years had an impact of SEK 12.7 M on depreciation of improvement expenses pertaining to third party properties.

* Pertains to the abbreviated fiscal year May 1–December 31, 2009.