Note 20 Property, plant and equipment
| Land and buildings1 | Plants and othertechnical installations | Equipment, tools,and fixtures and fittings | Constructionin progress2 | Total | ||||||
| 2008 | 2007 | 2008 | 2007 | 2008 | 2007 | 2008 | 2007 | 2008 | 2007 | |
| Cost | ||||||||||
| Cost brought forward3 |
72,783 | 69,343 | 382,843 | 361,368 | 9,682 | 9,047 | 17,901 | 11,367 | 483,209 | 451,125 |
| Acquired companies |
3 | 106 | 144 | 7 | 1 | - | 996 | - | 1,144 | 113 |
| Investments4 | 238 | 371 | 3,454 | 2,596 | 587 | 745 | 19,037 | 14,859 | 23,316 | 18,571 |
| Advance payments capitalised |
2 | - | 267 | - | 4 | - | 1,150 | - | 1,423 | - |
| Capitalised/ Reversed future expenses for decommissioning, restoration, etc. |
362 | 254 | 8,160 | 2,821 | - | - | - | - | 8,522 | 3,075 |
| Transfer from construction in progress |
673 | 870 | 9,448 | 7,677 | 173 | 95 | -10,294 | -8,642 | - | - |
| Divestments/ Disposals |
-304 | -475 | -2,955 | -3,825 | -430 | -610 | -60 | -36 | -3,749 | -4,946 |
| Other reclassifications |
-267 | 149 | 1,139 | -454 | -884 | 88 | -107 | 95 | -119 | -122 |
| Divested companies |
- | -73 | - | -611 | -2 | -27 | - | -14 | -2 | -725 |
| Translation differences |
6,448 | 2,238 | 40,891 | 13,264 | 1,038 | 344 | 1,801 | 272 | 50,178 | 16,118 |
| Accumulated cost carried forward |
79,938 | 72,783 | 443,391 | 382,843 | 10,169 | 9,682 | 30,424 | 17,901 | 563,922 | 483,209 |
| Accumulated depreciation according to plan5 |
||||||||||
| Depreciation brought forward |
-33,799 | -31,228 | -224,256 | -208,069 | -7,548 | -7,288 | - | - | -265,603 | -246,585 |
| Acquired companies |
-1 | -11 | -38 | -2 | - | - | - | - | -39 | -13 |
| Depreciation for the year |
-1,712 | -1,755 | -12,816 | -12,446 | -507 | -574 | - | - | -15,035 | -14,775 |
| Divestments/ Disposals |
207 | 232 | 2,558 | 3,559 | 414 | 586 | - | - | 3,179 | 4,377 |
| Other reclassifications |
48 | 8 | -342 | 266 | 374 | -19 | - | - | 80 | 255 |
| Divested companies |
- | 24 | - | 169 | 1 | 14 | - | - | 1 | 207 |
| Translation differences |
-3,157 | -1,069 | -25,092 | -7,733 | -857 | -267 | - | - | -29,106 | -9,069 |
| Accumulated depreciation carried forward |
-38,414 | -33,799 | -259,986 | -224,256 | -8,123 | -7,548 | - | - | -306,523 | -265,603 |
| Impairment losses | ||||||||||
| Impairment losses brought forward |
-1,047 | -986 | -4,908 | -3,013 | -69 | -60 | -8 | -8 | -6,032 | -4,067 |
| Impairment losses for the year |
-32 | -49 | -387 | -1,795 | - | -5 | - | -1 | -419 | -1,850 |
| Reversed impairment losses for the year |
- | - | - | 15 | - | - | - | - | - | 15 |
| Divestments/ Disposals |
13 | 39 | 18 | 31 | - | -1 | - | -1 | 31 | 68 |
| Other reclassifications |
1 | -3 | - | - | 9 | - | 1 | - | 11 | -3 |
| Divested companies |
- | 3 | - | 17 | - | - | - | 2 | - | 22 |
| Translation differences |
-153 | -51 | -741 | -163 | -7 | -3 | - | - | -901 | -217 |
| Accumulated impairment losses carried forward |
-1,218 | -1,047 | -6,018 | -4,908 | -67 | -69 | -7 | -8 | -7,310 | -6,032 |
| Residual value according to plan carried forward |
40,306 | 37,937 | 177,387 | 153,679 | 1,979 | 2,065 | 30,417 | 17,893 | 250,089 | 211,574 |
| Advance payment to suppliers |
5,988 | 2,634 | ||||||||
| Total | 256,077 | 214,208 | ||||||||
1) Cost for land and buildings includes cost of land and water rights amounting to SEK 15,305 million (14,167), which are not subject to depreciation.
2) Interest during the construction period has been reported as an asset in the amount of SEK 155 million (109) for the year. The average interest rate for 2008 was 4.9%.
3) Government grants received, balance brought forward, amount to SEK 4,586 million (4,294). Accumulated interest reported as an asset totalling SEK 912 million (757) is included in cost of buildings.
4) Government grants received during the year amounted to SEK 196 million (266).
5) Estimated useful lives are for Hydro power installations 5-40 years, for Combined heat and power installations 5-50 years, for Wind power installations 20-35 years, for Electricity distribution and transmission lines 5-35 years, for Mining operations 5-20 years, for Office equipment 5-10 years and for Office and warehouse buildings and workshops 25-50 years. A change in depreciation method for the German nuclear power plants, i.e., adoption of the unit of production method instead of the straight-line method, has resulted in lower depreciation for 2008 in the amount of SEK 361 million.
| 2008 | 2007 | |
| Buildings | 63,119 | 63,118 |
| Land | 25,412 | 25,476 |
| Total | 88,531 | 88,594 |
Distribution lines and transformer stations are not subject to tax assessment values.
At 31 December 2008, contractual commitments for the acquisition of property, plant and equipment amounted to SEK 25,433 million (20,338).
