Exhibit 4.3 presents the balance sheet prepared by Svenson, a Swedish telecommunications firm, for Years 7 and 6.

Svenson applies IFRS and reports its results in millions of Swedish kronor (SEK). In addition to the items reported in Svenson’s balance sheet, assume the following hypothetical information is available to you. (Adapted from the financial statements of Ericsson.)
â–  In Year 7 Svenson revalued land with an acquisition cost of SEK300 million upward, to its current fair value of SEK1,200 million.
â–  In Year 7 Svenson wrote down the value of equipment, with a net carrying value of
SEK2,400 million, to its fair value of SEK1,600 million.
â–  Included in current provisions for Year 7 is the estimated loss on a lawsuit that a competitor filed, alleging patent infringement. Svenson estimates the following range of outcomes for this lawsuit: 10% chance of damages of SEK6,000 million, 10% chance of damages of SEK2,400 million, 30% chance of damages of SEK500 million, 10% chance of damages of SEK40 million, and 40% chance of zero damages. Prepare a balance sheet for Svenson for Year 7, following the format, terminology, and accounting methods required by U.S. GAAP. Ignore any income tax effects of any revisions to reportedamounts.

December 31 Year 7 Year 6 ASSETS Noncurrent assets Intangible assets 22,826 23,958 9,304 6,824 15,649 7,881 MllPOOP Intellectual property rights, brands, and other intangible assets. . Financial assets Equity in joint ventures and associated companies.......... Other investments in shares and participations........... 10,903 738 1,012 2,918 11,690 87,010 9,409 721 1,921 2,409 13,564 63,373 Deferred tax assets . Current assets 22,475 60,492 2,362 15,062 21,470 51,070 1,735 15,012 Other current receivables . Short-term investments . . .. Cash and cash equivalents.. 29,406 28,310 158,107 SEK245,117 32,311 29,969 151,567 SEK214,940 Total assets..NOWW.E. EQUITY AND LIABILITIES Equity SEK134,112 940 135,052 SEK120,113 782 120,895 Noncurrent liabilities 6,188 368 2,799 21,320 1,714 32,389 6,968 602 382 12,904 2,868 23,724 Deferred tax liabilities .. Borrowings, noncun Current liabilities Provisions, current 9,358 5,896 17 427 44,995 77,676 SEK245,117 13,280 1,680 18,183 37,178 70,321 SEK214,940 Trade payables