R E v AL u A TION O f f INANCIAL INS TR u m ENT S M SEK 2012 2011 2010 R ecogniz ed in the s t atement of income f inancial income and e xpenses -0.2 4.0 -4.2 Deferred t ax 0.0 -1.0 1.1 Impact on net income for the y ear -0.2 3.0 -3.1 R ecogniz ed via hed g in g reser v e in other comprehensiv e income T r ansfer to hed g in g reser v e before t ax -9.5 -29.7 -56.9 Deferred t ax on tr ansfer to hed g in g reser v e 2.5 7.8 15.0 T r ansfer to hed g in g reser v e net of t ax -7.0 -21.9 -41.9 T r ansfer to s t atement of income before t ax 19.1 34.1 129.0 Deferred t ax on tr ansfer to s t atement of income -5.0 -9.0 -33.9 T r ansfer to s t atement of income net of t ax 14.1 25.1 95.1 T ot al chan g e of hed g in g reser v e before t ax 1 9.6 4.4 72.1 Deferred t ax on tot al chan g e of hed g in g reser v e before t ax 1 -2.5 -1.2 -18.9 T ot al chan g e of hed g in g reser v e net of t ax 7.1 3.2 53.2 T ot al impact on shareholder s' equit y as specifed abo v e T ot al re v aluation before t ax 2 9.4 8.4 67.9 Deferred t ax on tot al re v aluation 2 -2.5 -2.2 -17.8 T ot al re v aluation after t ax 6.9 6.2 50.1 1 T ot al of tr ansfer to hed g in g reser v e and tr ansfer from hed g in g reser v e to s t atement of income . 2 T ot al re v aluation and deferred t ax recogniz ed via s t atement of income and via other comprehensiv e income . D ERI v A TI v E S IN T h E B AL ANCE S h EE T M SEK 2012 2011 2010 I nteres t -bearin g fnancial non-current assets f air v alue hed g es 91.3 33.6 40.8 T ot al deriv ativ es included in interes t -bearin g fnancial non-current assets 91.3 33.6 40.8 Interes t -bearin g current receiv ables from subsidiaries Other deriv ativ e positions – 4.6 – T ot al deriv ativ es included in interes t -bearin g current receiv ables from subsidiaries – 4.6 – Other interes t -bearin g current assets Other deriv ativ e positions 76.2 0.5 14.7 T ot al deriv ativ es included in other interes t -bearin g current assets 76.2 0.5 14.7 Lon g -term loan liabilities Cash fo w hed g es 3.4 16.5 16.2 T ot al deriv ativ es included in lon g -term loan liabilities 3.4 16.5 16.2 Interes t -bearin g current liabilities to subsidiaries Other deriv ativ e positions 54.9 0.6 80.3 T ot al deriv ativ es included in interes t -bearin g current liabilities to subsidiaries 54.9 0.6 80.3 Other short -term loan liabilities Cash fo w hed g es 7.5 4.0 8.8 Other deriv ativ e positions 46.3 20.4 6.5 T ot al deriv ativ es included in other short -term loan liabilities 53.8 24.4 15.3 F AIR V AL UE – HIERARCHY AS PER DECEMBER 31, 2012 M SEK Quoted mark et prices v aluation techniques usin g obser v able mark et dat a v aluation techniques usin g non-obser v able mark et dat a T ot al Financial assets at fair v alue throug h proft or loss – 65.5 – 65.5 Financial liabilities at fair v alue throug h proft or loss – -101.2 – -101.2 Deriv ativ es designated for hed g in g with positiv e fair v alue – 102.1 – 102.1 Deriv ativ es designated for hed g in g with ne gativ e fair v alue – -10.9 – -10.9 125 Securit as Annual R eport 2012 Annual R eport Notes and comments to the Parent Compan y fnancial s t atements