Note 21 Untaxed reserves, Parent Company
|
December 31, 2012 | Appropriations | December 31, 2013 |
---|---|---|---|
Accumulated depreciation in excess of plan |
|
|
|
Brands | 349 | -28 | 321 |
Licenses | 122 | - | 122 |
Machinery and equipment | 85 | 1 | 86 |
Buildings | 2 | -1 | 1 |
Other | 23 | 5 | 28 |
Total | 581 | -23 | 558 |
Group contributions |
|
-164 |
|
Total Appropriations |
|
-187 |
|
CEO Statement
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In 2013 we continued to deliver above our growth target and delivered 4.5% in organic sales growth.
CEO Statement
![](../../styles/images/elux-ceo-small.jpg)
I'm convinced that raising product efficiency for the growing middle class is where long-term shareholder value creation lies.
Our products
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Electrolux is the only appliance manufacturer in the industry to offer complete solutions for both consumers and professionals. The focus is on innovative and energy-efficient products in the premium segments.
Sustainability
Achieving the Group's vision of sustainability leadership is crucial to realizing the business strategy. The objective is to develop smarter, more accessible, resource-efficient solutions that meet people's needs and improve their lives. Read the comprehensive sustainability performance review.
Awards & recognition
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Financial Reporting
Net sales for the Electrolux Group in 2013 amounted to SEK 109,151m, as against SEK 109,994m in the previous year. The organic sales growth was 4.5%, while currencies had an impact of -5.3%.