| SEK million |
|
|
|
|
|
| Income statement summary |
2009 |
2008 |
2007 |
2006 |
2005 |
| Income |
4 087.0 |
4 604.2 |
4 194.0 |
3 530.5 |
3 059.0 |
| Other operating income |
68.5 |
56.5 |
37.7 |
23.1 |
25.8 |
| Operating expenses |
|
-4 227.7 |
-3 772.0 |
-3 168.7 |
-2 757.7 |
| Profit/loss before depreciation |
|
433.0 |
459.7 |
384.9 |
327.1 |
| Depreciation according to plan |
-70.6 |
-64.2 |
-53.9 |
-40.1 |
-31.5 |
| Profit/loss after depreciation |
172.4 |
368.8 |
405.8 |
344.8 |
295.6 |
| Net financial items |
-46.2 |
-136.0 |
-90.8 |
-54.6 |
-41.6 |
| Profit/loss after net financial items |
126.2 |
232.8 |
315.0 |
290.2 |
254.0 |
| Taxes |
-38.4 |
-84.9 |
-83.7 |
-63.1 |
-47.3 |
| Profit/loss after tax |
87.8 |
147.9 |
231.3 |
227.1 |
206.7 |
| |
|
|
|
|
|
| Balance Sheets summary |
|
|
|
|
|
| Trademarks |
|
413.2 |
367.7 |
133.0 |
134.3 |
| Other fixed assets |
1 444.1 |
1 468.4 |
1 370.4 |
833.5 |
791.5 |
| Stock |
1 624.8 |
2 200.3 |
1 862.1 |
1 519.3 |
1 466.8 |
| Accounts receivables |
735.3 |
835.8 |
883.0 |
745.2 |
708.5 |
| Other current assets |
|
261.8 |
211.0 |
134.3 |
147.5 |
| Liquid assets |
80.4 |
191.2 |
115.5 |
114.2 |
133.8 |
| Total assets |
4 402.3 |
5 370.7 |
4 809.7 |
3 479.5 |
3 382.4 |
| |
|
|
|
|
|
| Shareholder’s equity assignable to shareholders |
|
1 802.6 |
1 426.3 |
1 300.7 |
1 134.1 |
| Shareholder’s equity attributable to minority owners |
|
31.2 |
11.9 |
10.0 |
9.9 |
| Provisions |
|
203.0 |
210.0 |
109.7 |
104.9 |
| Interest bearing liabilities |
|
2 767.5 |
2 472.5 |
1 430.6 |
1 622.5 |
| Non-Interest bearing liabilities |
|
566.4 |
689.0 |
628.5 |
511.0 |
| Total equity and liabilities |
4 402.3 |
5 370.7 |
4 809.7 |
3 479.5 |
3 382.4 |
| |
|
|
|
|
|
| Cash flows |
|
|
|
|
|
| Cash flow before changes in working capital and investments |
138.9 |
163.1 |
259.3 |
299.7 |
218.2 |
| Changes in working capital |
|
-431.1 |
-176.3 |
-18.4 |
-315.6 |
| Cash flow before investments |
806.3 |
-268.0 |
83.0 |
281.3 |
-97.4 |
| Net investments |
-23.0 |
-65.2 |
-1 165.7 |
-49.3 |
-220.2 |
| Cash flow after investments |
783.3 |
-333.2 |
-1 082.7 |
232.0 |
-317.6 |
| Financial payments |
884.8 |
377.2 |
1 081.5 |
-246.4 |
361.7 |
| Cash flow for the year |
-101.5 |
44.0 |
-1.2 |
-14.4 |
44.1 |
| |
|
|
|
|
|
| Key ratios |
|
|
|
|
|
| Gross margin, % |
46.5 |
48.5 |
47.6 |
47.9 |
46.4 |
| Operating margin, % |
4.2 |
8.0 |
9.7 |
9.8 |
9.7 |
| Profit margin, % |
3.1 |
5.1 |
7.5 |
8.2 |
8.3 |
| Net margin, % |
2.1 |
3.2 |
5.5 |
6.4 |
6.8 |
| Return on capital employed, % |
4.3 |
9.0 |
12.8 |
12.9 |
13.0 |
| Return on equity, % |
4.9 |
9.2 |
17.1 |
18.7 |
20.3 |
| Equity/assets ratio, % |
41.0 |
34.1 |
29.9 |
37.7 |
33.8 |
| Net debt/equity ratio, % |
96.3 |
140.5 |
163.9 |
100.4 |
130.1 |
| Risk-bearing capital, % |
|
35.2 |
33.8 |
40.5 |
35.9 |
| Interest coverage ratio, times |
3.4 |
2.6 |
4.0 |
5.5 |
6.2 |
| Capital turnover rate, times |
0.8 |
0.9 |
1.0 |
1.0 |
1.2 |
| Stock turnover rate, times |
1.1 |
1.2 |
1.3 |
1.2 |
1.5 |
| Average number employees |
2 203 |
2 562 |
2 350 |
2 207 |
1 714 |
| Personnel costs, incl. social fees, SEK million |
|
846.1 |
632.7 |
471.0 |
410.7 |
| Sales outside Sweden, % |
|
70.9 |
66.8 |
60.7 |
61.0 |
| |
|
|
|
|
|
| Per share data (1) |
|
|
|
|
|
| Number of shares before dilution |
66 343 543 |
66 343 543 |
66 343 543 |
65 430 660 |
64 210 410 |
| Number of shares after dilution |
66 343 543 |
66 343 543 |
68 843 543 |
65 681 234 |
65 306 999 |
| Profit/loss per share before dilution, SEK |
1.29 |
2.18 |
3.46 |
3.45 |
3.16 |
| Profit/loss per share after dilution, SEK |
1.27 |
2.18 |
3.33 |
3.44 |
3.11 |
| Equity per share, SEK |
27.24 |
27.64 |
21.68 |
20.03 |
17.82 |
| Equity per share after dilution, SEK |
26.83 |
27.64 |
20.89 |
19.96 |
17.38 |
| Share price on 31 December, SEK |
27.50 |
6.25 |
67.50 |
77.25 |
88.00 |
| P/E ratio, 31 December |
20.54 |
2.87 |
19.36 |
22.26 |
27.33 |
| Dividend per share, SEK |
0.25 |
0.18 |
1.00 |
1.00 |
0.90 |
| Dividend yield % |
|
2.9 |
1.5 |
1.3 |
1.0 |
| Operating cash flow per share, SEK |
|
-4.04 |
1.25 |
4.30 |
-1.52 |
(1) Per share data has been converted with respect to the 2:1 split during 2005 and 2004.
