Parent Company, AB Volvo

In the first quarter revaluation of the ownership in the listed company Deutz AG has decreased the value by SEK 25 M, recognized in other comprehensive income.

Investments in intangible and tangible assets amounted to SEK - (22) and SEK 0 M (1) respectively.

Financial net debt amounted to SEK 31,022 M at the end of the first quarter (30,376).