The t able belo w discloses carr yin g v alues and fair v alues of fnancial ins truments accor din g to the cate g ories in note 2 fINANCIAL INS TR u m ENT S B y CA TEGOR y CARR y ING AND f AIR v AL u E S 2012 2011 2010 M SEK Carr yin g v alue f air v alue Carr yin g v alue f air v alue Carr yin g v alue f air v alue Assets Financial assets at fair v alue throug h proft or loss Other interes t bearin g current assets note 27 1056 1056 196 196 683 683 T ot al 1056 1056 196 196 683 683 Loans and receiv ables Interes t bearin g fnancial noncurrent assets note 22 1330 1330 1559 1559 1649 1649 Other lon g term receiv ables note 23 1 3639 3639 3292 3292 3122 3122 Accounts receiv able 10 4901 10 4901 10 9650 10 9650 9 7241 9 7241 Other current receiv ables note 26 2 8529 8529 8024 8024 6751 6751 Liquid funds 4 8807 4 8807 2 5074 2 5074 2 5869 2 5869 T ot al 16 7206 16 7206 14 7599 14 7599 13 4632 13 4632 Liabilities Financial liabilities at fair v alue throug h proft or loss Short term loan liabilities note 33 484 484 212 212 94 94 T ot al 484 484 212 212 94 94 Financial liabilities designated as hed g ed item in a fair v alue hed g e Short term loan liabilities note 33 5 4 3024 4 3557 Lon g term loan liabilities note 30 6 6 0302 6 1098 4 4848 4 7057 4 5318 4 9086 T ot al 10 3326 10 4655 4 4848 4 7057 4 5318 4 9086 Other fnancial liabilities Lon g term loan liabilities note 30 3 0663 3 0663 4 0755 4 0755 2 6546 2 6546 Lon g term liabilities note 30 3 3267 3267 4578 4578 2102 2102 Short term loan liabilities note 33 1 6277 1 6277 4 4633 4 4633 3 8491 3 8491 Accounts pa y able 1 0331 1 0331 9149 9149 8536 8536 Other current liabilities note 34 4 3 1579 3 1579 2 8568 2 8568 2 7022 2 7022 T ot al 9 2117 9 2117 12 7683 12 7683 10 2697 10 2697 Deriv ativ es designated for hed g in g Interes t bearin g fnancial current assets note 27 107 107 Interes t bearin g fnancial noncurrent assets note 22 913 913 336 336 408 408 T ot al assets 1020 1020 336 336 408 408 Short term loan liabilities note 33 75 75 40 40 87 87 Lon g term loan liabilities note 30 34 34 165 165 162 162 T ot al liabilities 109 109 205 205 249 249 Net tot al 911 911 131 131 159 159 1 E x cluding all pension balanc e s and reimbursement right s no t e 23 2650 2650 2050 2050 721 721 2 E x cluding prepaid e xpense s 6506 6506 6616 6616 4692 4692 3 E x cluding pension balanc e s no t e 30 826 826 743 743 721 721 4 E x cluding emplo y eerelat ed ac crued e xpense s and prepaid inc ome 5 9503 5 9503 5 9368 5 9368 5 5251 5 5251 5 The dif erenc e be tw een the carr ying v alue and f air v alue o f short t erm loan liabilitie s in 2012 is due t o the reduction in margin in the MEUR 500 bond from 420 perc ent at is sue t o 025 perc ent as at Dec ember 31 2012 6 The dif erenc e be tw een the carr ying v alue and f air v alue o f long t erm loan liabilitie s in 2012 is due t o the change in margin in three ne w f air v alue hedge s In 2011 and 2010 it w as due t o the reduction in the margin on the MEUR 500 bond loan 90 Annual R eport Notes and comments to the consolidated fnancial s t atements Securit as Annual R eport 2012