Industrial Operations   Customer Finance   Eliminations   Volvo Group
    Dec 31 Dec 31   Dec 31 Dec 31   Dec 31 Dec 31   Dec 31 Dec 31
SEK M   2012 2011   2012 2011   2012 2011   2012 2011
Assets                        
Non–current assets                        
Intangible assets Note 12 40,267 39,385   106 122   -   40,373 39,507
Tangible assets Note 13                      
   Property, plant and equipment   54,145 53,563   105 94   -   54,250 53,657
   Investment property   754 883   -   -   754 883
   Assets under operating leases   21,263 16,749   12,543 11,525   (4,784) (4,352)   29,022 23,922
Financial assets                        
   Investments in associated companies Note 5 2,045 684   - -   - -   2,045 684
   Other shares and participations Note 5 839 1,187   6 3   - -   845 1,190
   Non–current customer–financing receivables Note 15 600 579   47,329 44,651   (6,773) (4,612)   41,156 40,618
   Deferred tax assets Note 10 10,406 12,480   760 358   -   11,166 12,838
   Prepaid pensions Note 20 2,708 2,263   16 14   -   2,724 2,277
   Non–current interest–bearing receivables Note 16 653 757   -   (316) (63)   337 694
   Other non–current receivables Note 16 3,565 4,500   127 50   (373) (235)   3,319 4,315
Total non–current assets   137,245 133,030   60,992 56,817   (12,246) (9,262)   185,991 180,585
                         
Current assets                        
Inventories Note 17 40,057 43,828   352 771   -   40,409 44,599
Current receivables                        
   Customer–financing receivables Note 15 797 1,123   39,946 38,050   (910) (1,092)   39,833 38,081
   Tax assets   1,173 1,152   35 48   -   1,208 1,200
   Interest–bearing receivables Note 16 3,038 1,461   - 226   (464) (1,020)   2,574 667
   Internal funding1)   4,612 2,253   -   (4,612) (2,253)   -
   Accounts receivable Note 16 27,228 27,492   121 207   -   27,349 27,699
   Other receivables Note 16 11,952 13,438   2,651 1,411   (2,114) (1,024)   12,489 13,825
Non interest–bearing assets held for sale Note 3 - 9,344   -   -   - 9,344
Interest–bearing assets held for sale Note 3 - 4   -   -   - 4
Marketable securities Note 18 3,129 6,838   1 24   -   3,130 6,862
Cash and cash equivalents Note 18 24,017 29,113   2,116 1,593   (374) (327)   25,759 30,379
Total current assets   116,003 136,046   45,222 42,330   (8,474) (5,717)   152,751 172,659
Total assets   253,248 269,076   106,214 99,147   (20,720) (14,979)   338,742 353,244
                         
Equity and liabilities                        
Equity attributable to the equity holder of the Parent Company Note 19 77,055 75,582   8,593 8,999   -   85,648 84,581
Minority interests Note 11 1,266 1,100   -   -   1,266 1,100
Total equity   78,321 76,682   8,593 8,999   0   86,914 85,681
                         
Non–current provisions                        
   Provisions for post–employment benefits Note 20 6,663 6,635   34 30   -   6,697 6,665
   Provisions for deferred taxes Note 10 3,149 4,171   1,879 1,465   -   5,028 5,636
   Other provisions Note 21 5,588 5,492   187 154   8 2   5,783 5,648
Total non-current provisions   15,400 16,298   2,100 1,649   8 2   17,508 17,949
Non–current liabilities Note 22                      
   Bond loans   43,092 38,192   -   -   43,092 38,192
   Other loans   33,356 38,848   11,630 8,974   (6,553) (57)   38,433 47,765
   Internal funding1)   (33,990) (35,453)   34,298 33,459   (308) 1,994   -
   Other liabilities   13,828 12,902   742 740   (3,856) (3,195)   10,714 10,447
Total non-current liabilities   56,286 54,489   46,670 43,173   (10,717) (1,258)   92,239 96,404
Current provisions Note 21 10,916 9,438   50 92   10 1   10,976 9,531
Current liabilities Note 22                      
   Loans   45,760 38,644   6,393 6,741   (1,836) (863)   50,317 44,522
   Internal funding1)   (33,746) (24,837)   38,600 35,373   (4,854) (10,536)   -
   Non interest–bearing liabilities held for sale Note 3 - 4,710   -   -   - 4,710
   Interest–bearing liabilities held for sale Note 3 - 6   -   -   - 6
   Trade payables   47,205 56,546   159 242   -   47,364 56,788
   Tax liabilities   807 2,220   (154) 171   -   653 2,391
   Other liabilities Note 22 32,299 34,880   3,803 2,707   (3,331) (2,325)   32,771 35,262
Total current liabilities   92,325 112,169   48,801 45,234   (10,021) (13,724)   131,105 143,679
Total equity and liabilities   253,248 269,076   106,214 99,147   (20,720) (14,979)   338,742 353,244
                         
1) Internal funding is internal lending from Industrial Operations to Customer Finance.