Divestments | ||
2009 | 2008 | |
Fixed assets | 4 | — |
Inventories | — | — |
Receivables | — | — |
Other current assets | 17 | — |
Liquid funds | 5 | — |
Loans | — | — |
Other liabilities and provisions | –17 | –64 |
Net assets | 9 | –64 |
Sales price | 9 | 242 |
Net borrowings in acquired/divested operations | –5 | –276 |
Effect on Group cash and cash equivalents | 4 | –34 |
On August 1, 2009, all shares in Distriparts Deutschland GmbH in Germany was divested. The divestment was made at book value. Divestments in 2008 relate to the divestment of the captive insurance company Electrolux Reinsurance S.A. in Luxembourg.