Financial position

ICA Gruppen’s total assets amounted to SEK 68,961 million at 31 December 2013 (10,381). The equity/assets ratio was 38.5% at 31 December 2013 (86.9%). ICA Gruppen’s net debt, excluding pension liabilities and ICA Bank, amounted to SEK 9,190 million at 31 December 2013 (net cash SEK 1,199 million). The Group’s interest-bearing liabilities mainly comprise the bond issued in June 2013, bank loans and bridge loans related to acquisition of the remaining shares in ICA.