Lagercrantz 2008/09

The Group’s interest-bearing liabilities are allocated in the balance sheet as follows: Provisions for pensions MSEK 52 (59), Long-term liabilities MSEK 70 (83), Current liabilities to credit institutions MSEK 15 (30) and Other current liabilities MSEK 0 (0). Total, MSEK 137 (172). Provisions for pensions are defined as an interest-bearing provision since the defined benefit pension obligations in accordance with IAS 19 are computed to present value using a discount interest rate. For details, refer to Note 30.

Credit terms on trade payables in the Group follow normal industry practice. The interest rate swap acquired by the Parent Company in the amount of MSEK 100 matures on 30 March 2012. The Parent Company’s hedges of MDKK 15 and MEUR 1, respectively, mature on 1 September 2009.

Other maturity dates are reported below. The nominal value of interest-bearing liabilities and provisions essentially agree with book values.

Liabilities to credit institutions

Group	3/31/2009	3/31/2008
Current portion	13	13
Maturity, 2–5 years from the balance sheet date	41	44
Maturity, more than five years from the balance sheet date	29	39
	83	96

Parent Company	3/31/2009	3/31/2008
Current portion	10	10
Maturity, 2–5 years from the balance sheet date	40	40
Maturity, more than five years from the balance sheet date	29	38
	79	88

Refers to acquisition loans without specific assets pledged. The loan is repaid over ten years and carries interest at a variable rate.

Committed credit facility

Group	3/31/2009	3/31/2008
Approved credit limit	315	306
Utilised portion	–313	–289
Credit facility utilisation	2	17

Credit limits on committed credit facilities are renewed on an annual basis.

Parent Company	3/1/2009	3/31/2008
Approved credit limit	250	250
Utilised portion	–250	–231
Credit facility utilisation	–	19

Assets pledged for committed credit facility

Group	3/1/2009	3/31/2008
Corporate mortgages	58	57
	58	57

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