CONSOLIDATED BALANCE SHEET

  31 December
  2013
MSEK
2014
MSEK
Assets    
     
Total intangible assets 4,155 4,278
     
Tangible fixed assets    
Vessels 40,956 46,141
Construction in progress 2,450 3,944
Equipment 3,930 4,270
Land and buildings 962 1,111
Ports 3,261 3,689
Total tangible fixed assets 51,559 59,155
     
Investment property 27,831 29,367
     
Financial fixed assets    
Investments accounted for using equity method 1,473 1,434
Investments in SPEs 4,311 8,112
Other securities held as non-current assets  4,243 4,847
Surplus in funded pension plans 160 163
Other non-current assets  3,205 5,222
Total financial fixed assets 13,392 19,778
     
Total non-current assets 96,937 112,578
     
Current assets    
Short-term investments 1,694 1,248
Cash and cash equivalents 2,053 3,506
Other current assets 7,528 8,485
Total current assets 11,275 13,239
     
Total assets 108,212 125,817
     
Balance sheet for Group according to internal reporting1)    
Assets    
Intangible assets 3,934 4,024
Investment property 19,213 19,686
Other tangible fixed assets 51,602 59,442
Total tangible fixed assets 74,749 83,152
     
Total financial fixed assets 13,140 19,767
Total non-current assets 87,889 102,919
Total current assets 11,433 13,371
     
Total assets 99,322 116,290
     
Equity and liabilities    
     
Total equity 35,274 38,978
     
Non-current liabilities    
Deferred tax liabilities 3,940 3,860
Pensions and similar commitments 649 668
Other provisions 707 667
Liabilities to credit institutions  45,287 43,290
Liabilities in SPEs 3,944 7,540
Senior notes  5,324 13,093
Capitalised lease obligations 642 553
Other non-current liabilities  722 3,946
Total non-current liabilities 61,215 73,617
     
Current liabilities     
Liabilities to credit institutions  4,616 2,998
Cash and cash equivalents 231 233
Other current assets 6,876 9,991
Total current liabilities 11,723 13,222
     
Total equity and liabilities 108,212 125,817
     
Balance sheet for Group according to internal reporting1)    
Equity and liabilities    
     
Total equity 29,137 32,887
Deferred tax liabilities 2,149 1,987
Other non-current liabilities 56,422 68,280
Total non-current liabilities 58,571 70,267
Total current liabilities 11,614 13,137
Total equity and liabilities 99,322 116,290

1) Excluding adjustment for investment properties according to IAS 40

EQUITY AND DEFERRED TAXES

TOTAL ASSETS