N O TE 22 Int ere s t bearing fnancial noncurrent as se ts 1 M SEK 2012 2011 2010 f air v alue hed g es 2 Deriv ativ es with positiv e fair v alue lon g term 913 336 408 Other items 3 1330 1559 1649 T ot al interes t bearin g fnancial non current assets 2243 1895 2057 1 F urther information re gar din g fnancial ins truments is pro vided in note 6 2 R elated to deriv ativ es designated for hed g in g 3 R elated to loans and receiv ables N O TE 23 O ther long t erm receiv able s M SEK 2012 2011 2010 Pension balances defned contribution plans 1 826 743 721 R eimbur sement rig hts 2 1824 1307 Other lon g term receiv ables 3639 3292 3122 T ot al other lon g term receiv ables 6289 5342 3843 1 R efer s to assets relatin g to insured pension plans e x cludin g social benefts 2 R efer s to assets relatin g to defned beneft pension plans where compensation is receiv ed from another part y N O TE 24 In v ent orie s M SEK 2012 2011 2010 m aterial and consumables 939 604 393 W ork in progress 52 23 19 Adv ance pa yments to supplier s 176 55 47 T ot al in v entories 1167 682 459 N O TE 25 A ccounts receiv able M SEK 2012 2011 2010 Accounts receiv able before deduction of pro visions for bad debt losses 10 9647 11 3843 10 0688 Pro visions for bad debt losses 4746 4193 3447 T ot al accounts receiv able 10 4901 10 9650 9 7241 Openin g balance pro vision for bad debt losses 4193 3447 3779 Pro vision for e xpected losses 2069 1697 1206 Actual losses 762 412 540 R e v er sed pro visions 795 590 702 Increases due to acquisitions 184 108 126 Decreases due to disposals 10 T r anslation diferences 143 47 422 Closin g balance pro vision for bad debt losses 1 4746 4193 3447 1 Expenses for bad debt losses amounted to M SEK 1219 1051 and 542 N O TE 26 O ther current receiv able s M SEK 2012 2011 2010 Prepaid e xpenses and accrued income 1 0414 1 0787 7637 Insur ancerelated receiv ables 171 188 161 v alue added t ax 1150 780 762 Other items 3300 2885 2883 T ot al other current receiv ables 1 5035 1 4640 1 1443 N O TE 27 O ther int ere s t bearing current as se ts 1 M SEK 2012 2011 2010 f air v alue hed g es 2 Deriv ativ es with positiv e fair v alue short term 107 Other deriv ativ e positions 3 Deriv ativ es with positiv e fair v alue short term 1056 196 683 T ot al other interes t bearin g current assets 1163 196 683 1 F urther information re gar din g fnancial ins truments is pro vided in note 6 2 R elated to deriv ativ es designated for hed g in g 3 R elated to fnancial assets at fair v alue throug h proft or loss N O TE 28 Liquid funds 1 M SEK 2012 2011 2010 Short term in v es tments 2 3 6902 1 2907 1 6670 Cash and bank deposits 3 1 1905 1 2167 9199 T ot al liquid funds 4 8807 2 5074 2 5869 1 Liquid funds include short term in v es tments with a maximum dur ation of 90 da ys that are readily con v ertible to a kno wn amount of cash and subject to an insignifcant risk of chan g e in v alue Liquid funds also include cash and bank deposits 2 Short term in v es tments refer to fx ed interes t r ate bank deposits 3 The net position in Group countr y cashpool accounts is reported as cash and bank deposits where net tin g refects the le gal s tructure of the arr an g ement 111 Annual R eport Notes and comments to the consolidated fnancial s t atements Securit as Annual R eport 2012