Note 12 - Financial instruments

The following table shows the allocation of financial instruments based on the following categories in accordance with IFRS 7: Financial assets at fair value through profit and loss, held-to-maturity investments, loan and trade receivables, as well as available-for-sale financial assets. Fair value corresponds to the carrying amount.

Svenska Spel values its bonds with real rate of interest at fair value. In accordance with IFRS 7 these have been classified in valuation hierarchy 2 as their valuation is based on market data.

Financial assets, Group
SEK million, 31 December 2009	Financial assets at fair value through profit and loss	Investments held to maturity	Loan receivables and trade receivables	Available-for-sale financial assets	Total fair value
Real rate of interest bonds	2,304	—	—	—	2,304
Investments in zero-coupon bonds and commercial papers		118	—	—	118
Trade and other receivables	—	—	454	—	454
Set off National Debt Office	—	—	1,300	—	1,300
Cash and cash equivalents	2,451	—	—	—	2,451
Total					6,627
SEK million, 31 December 2010	Financial assets at fair value through profit and loss	Investments held to maturity	Loan receivables and trade receivables	Available-for-sale financial assets	Total fair value
Real rate of interest bonds	1,546	—	—	—	1,546
Investments in zero-coupon bonds and commercial papers	—	86	—	—	86
Trade and other receivables	—	—	464	—	464
Set off National Debt Office	—	—	1,200	—	1,200
Cash and cash equivalents	2,966	—	—	—	2,966
Total					6,262

Securities Triss Månadsklöver

Total securities holdings pertaining to Triss Månadsklöver amount to SEK 1,546 million (1,485), of which SEK 1,525 million (1,384) is non-current and SEK 21 million (101) is current. On a consolidated basis, the current component is included in cash and cash equivalents, see Note 16. Net acquisition and sales of Månadsklöver amounted to SEK 6 million (neg: 3) and change in value is SEK 61.8 million (52.5).

Financial liabilities, Group
SEK million, 31 December 2009	Financial liabilities at fair value through profit and loss	Other financial liabilities	Total fair value
Trade payables and other liabilities	—	580	580
Unpaid winnings, Månadsklöver	1,371	—	1,371
Other current and non-current non-interest bearing liabilities	—	1,072	1,072
Total			3,023
SEK million, 31 December 2010	Financial liabilities at fair value through profit and loss	Other financial liabilities	Total fair value
Trade payables and other liabilities	—	568	568
Unpaid winnings, Månadsklöver	1,437	—	1,437
Other current and non-current non-interest bearing liabilities	—	714	714
Total			2,719
Interest risk instrument (valuation principle)	Nominal value	Maturity date	Coupon rate, %
Real rate of interest bonds
Swedish Government real rate of interest bonds
1570	20	2011-06-15	6.00
3106	204	2012-04-01	1.00
3001	128	2014-04-01	0.00
3105	320	2015-12-01	3.50
3107	8	2017-06-01	0.5
3102	324	2020-12-01	4.00
3104	119	2028-12-01	3.50
Interest risk instrument (valuation principle)	Nominal value	Maturity date	Coupon rate, %
Investments in zero-coupon bonds and commercial papers
Within 90 days of interest	—	—	Floating interest (STIBOR 3 months)
Within 90–360 days of interest	86	2011-04-14, 2011-11-21	Floating interest (STIBOR 3 months)
Total	86
Cash and cash equivalents	2,966		0.53
Interest risk instrument (valuation principle)		Nominal value, SEK million	Present-value weighted real discount rate, %
Compulsory investment reserve Triss Månadsklöver
Maturity date 0–1 years		149	–0.036
Maturity date 1–5 years		532	0.107
Maturity date >5 years		858	0.618
Total		1,539