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Note 41 Carrying amounts and fair values of financial assets and financial liabilities by category

  2008 2007
  Carrying amount Fair value Carrying amount Fair value

Financial assets at fair value through profit or loss

        
Derivatives with positive fair values for financial assets held for trading 14,858 14,858 2,924 2,924
Short-term investments 19,332 19,332 12,096 12,096
Cash equivalents (Note 32) 14,199 14,199 6,568 6,568
Total 48,389 48,389 21,588 21,588
         

Derivatives for hedging purposes (with positive fair values) for:

        
Fair value hedges 4,812 4,812 1,094 1,094
Cash flow hedges 6,538 6,538 1,414 1,414
Hedges of net investments in foreign operations 242 242 10 10
Total 11,592 11,592 2,518 2,518
         

Loans and receivables

        
Share in the Swedish Nuclear Waste Fund 25,250 26,643 24,143 24,667
Other non-current receivables 4,367 4,367 5,128 5,128
Trade receivables and other receivables 34,293 34,293 28,120 28,120
Cash and bank balances (Note 32) 6,705 6,705 3,995 3,995
Total 70,615 72,008 61,386 61,910
         

Available-for-sale financial assets

        
Other shares and participations 5,439 5,450 694 700
Total 5,439 5,450 694 700
         

Financial liabilities at fair value through profit or loss

        
Derivatives with negative fair values for financial liabilities held for trading 12,045 12,045 2,876 2,876
Total 12,045 12,045 2,876 2,876
         

Derivatives for hedging purposes (with negative fair values) for:

        
Fair value hedges 191 191 938 938
Cash flow hedges 11,915 11,915 9,331 9,331
Hedges of net investments in foreign operations 4,431 4,431 1,097 1,097
Total 16,537 16,537 11,366 11,366
         

Other financial liabilities

        
Capital Securities 10,811 12,100 9,341 9,834
Other non-current interest-bearing liabilities 67,022 71,866 42,643 44,992
Other non-current noninterest-bearing liabilities 3,818 3,818 3,285 3,285
Current interest-bearing liabilities 29,514 29,686 15,205 15,423
Trade payables and other liabilities 24,506 24,506 15,408 15,408
Total 135,671 141,976 85,882 88,942

When an active market is available, fair values have been determined according to quoted market prices. If no active market is available, a so-called mark-to-model technique is used. In the items listed above, the following amounts are valued at mark-to-model:

Derivatives with positive fair values at SEK 74 million (221).

Other shares and participations at SEK 5,409 million (694).

Derivatives with negative fair values at SEK 752 million (243).