Alfa Laval 2023 – Note 2. Information about geographical areas

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Note 2. Information about geographical areas

Countries with more than 10 percent of either net sales, non-current assets or investments are reported separately.

Net sales
Consolidated
	2023		2022
	SEK millions	%	SEK millions	%
To customers in:
Sweden	1,411	2.2	1,206	2.3
Other EU	15,591	24.5	12,889	24.7
Other Europe	5,076	8.0	4,812	9.2
USA	10,613	16.7	8,784	16.9
Other North America	1,327	2.1	1,081	2.1
Latin America	3,578	5.6	2,388	4.6
Africa	1,187	1.9	778	1.5
China	8,943	14.1	7,153	13.7
South Korea	3,527	5.5	3,801	7.3
Other Asia	11,558	18.2	8,559	16.4
Oceania	787	1.2	684	1.3
Total	63,598	100.0	52,135	100.0

Net sales are reported by country on the basis of invoicing address, which is normally the same as the delivery address.

Non-current assets
Consolidated
	2023		2022
	SEK millions	%	SEK millions	%
Sweden	3,509	8.0	2,942	6.6
Denmark	5,354	12.2	5,348	11.9
Other EU	9,219	20.9	8,829	19.7
Norway	13,689	31.1	15,393	34.4
Other Europe	391	0.9	416	0.9
USA	3,961	9.0	4,236	9.5
Other North America	154	0.3	158	0.4
Latin America	352	0.8	379	0.8
Africa	7	0.0	9	0.0
Asia	4,808	10.9	4,394	9.8
Oceania	114	0.3	118	0.3
Subtotal	41,558	94.4	42,222	94.3
Other long-term securities	542	1.2	475	1.1
Pension assets	239	0.5	201	0.4
Deferred tax asset	1,720	3.9	1,895	4.2
Total	44,059	100.0	44,793	100.0

Investments
Consolidated
	2023		2022
	SEK millions	%	SEK millions	%
Sweden	576	23.6	641	34.6
Italy	376	15.4	46	2.5
Other EU	333	13.7	252	13.6
Norway	256	10.5	150	8.1
Other Europe	36	1.5	33	1.8
North America	153	6.3	124	6.7
Latin America	39	1.6	23	1.2
Africa	1	0.0	1	0.0
China	533	21.8	453	24.5
Other Asia	135	5.5	123	6.6
Oceania	2	0.1	7	0.4
Total	2,440	100.0	1,853	100.0